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Stockholders' Equity and Stock Incentive Plans
9 Months Ended
Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stockholders' Equity and Stock Incentive Plans
STOCKHOLDERS' EQUITY AND STOCK INCENTIVE PLANS

Issuance of Common Stock
On August 1, 2013, we entered into an underwriting agreement with Deutsche Bank Securities and J.P. Morgan Securities, LLC (the "Representatives") and the other underwriters of the party thereto (together with the Representatives, the "Underwriters"), pursuant to which we sold 18,975,000 shares of our common stock (the "Shares") to the Underwriters, which included the full exercise of the Underwriters' option to purchase additional shares of common stock. All of the Shares were sold by the Company on August 7, 2013. The net proceeds received by the Company after the underwriting discount, but before expenses, were approximately $216.7 million.

Share-Based Compensation
We account for share-based awards exchanged for employee services in accordance with the authoritative accounting guidance for share-based payments. Under the guidance, share-based compensation expense is measured at the grant date, based on the estimated fair value of the award, and is recognized as expense, net of estimated forfeitures, over the employee's requisite service period.

The following table provides classification detail of the total costs related to our share-based employee compensation plans reported in our condensed consolidated statements of operations for the three and nine months ended September 30, 2013 and 2012.
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2013
 
2012
 
2013
 
2012
(In thousands)
 
Gaming
$
59

 
$
59

 
$
176

 
$
176

Food and beverage
12

 
11

 
34

 
34

Room
5

 
5

 
16

 
16

Selling, general and administrative
298

 
298

 
894

 
894

Corporate expense
1,675

 
1,234

 
7,913

 
6,440

Total shared-based compensation expense
$
2,049

 
$
1,607

 
$
9,033

 
$
7,560