XML 36 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2015
Line of Credit Facility [Line Items]  
Schedule of Long-term Debt Instruments
Long-term debt, net of current maturities consists of the following:
 
 
 
March 31, 2015
 
Interest
 
 
 
 
 
Unamortized
 
 
 
Rates at
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
(In thousands)
March 31, 2015
 
Principal
 
Discount
 
Fees
 
Debt, Net
Boyd Gaming Corporation Debt:
 
 
 
 
 
 
 
 
 
Bank credit facility
3.68
%
 
$
1,345,450

 
$
(3,429
)
 
$
—

 
$
1,342,021

9.125% senior notes due 2018
9.13
%
 
500,000

 
—

 
(4,536
)
 
495,464

9.00% senior notes due 2020
9.00
%
 
350,000

 
—

 
—

 
350,000

HoldCo Note
8.00
%
 
151,740

 
(10,616
)
 
—

 
141,124

 
 
 
2,347,190

 
(14,045
)
 
(4,536
)
 
2,328,609

 
 
 
 
 
 
 
 
 
 
Peninsula Segment Debt:
 
 
 
 
 
 
 
 
 
Bank credit facility
4.25
%
 
725,175

 
—

 
—

 
725,175

8.375% senior notes due 2018
8.38
%
 
350,000

 
—

 
—

 
350,000

Other
various

 
1

 
—

 
—

 
1

 
 
 
1,075,176

 
—

 
—

 
1,075,176

Total long-term debt
 
 
3,422,366

 
(14,045
)
 
(4,536
)
 
3,403,785

Less current maturities
 
 
27,688

 
—

 
—

 
27,688

Long-term debt, net
 
 
$
3,394,678

 
$
(14,045
)
 
$
(4,536
)
 
$
3,376,097


 
 
 
December 31, 2014
 
Interest
 
 
 
 
 
Unamortized
 
 
 
Rates at
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
(In thousands)
Dec. 31, 2014
 
Principal
 
Discount
 
Fees
 
Debt, Net
Boyd Gaming Corporation Debt:
 
 
 
 
 
 
 
 
 
Bank credit facility
3.66
%
 
$
1,387,425

 
$
(3,589
)
 
$
—

 
$
1,383,836

9.125% senior notes due 2018
9.13
%
 
500,000

 
—

 
(4,845
)
 
495,155

9.00% senior notes due 2020
9.00
%
 
350,000

 
—

 
—

 
350,000

HoldCo Note
8.00
%
 
151,740

 
(11,743
)
 
—

 
139,997

 
 
 
2,389,165

 
(15,332
)
 
(4,845
)
 
2,368,988

 
 
 
 
 
 
 
 
 
 
Peninsula Segment Debt:
 
 
 
 
 
 
 
 
 
Bank credit facility
4.25
%
 
742,400

 
—

 
—

 
742,400

8.375% senior notes due 2018
8.38
%
 
350,000

 
—

 
—

 
350,000

Other
various

 
3

 
—

 
—

 
3

 
 
 
1,092,403

 
—

 
—

 
1,092,403

Total long-term debt
 
 
3,481,568

 
(15,332
)
 
(4,845
)
 
3,461,391

Less current maturities
 
 
29,753

 
—

 
—

 
29,753

Long-term debt, net
 
 
$
3,451,815

 
$
(15,332
)
 
$
(4,845
)
 
$
3,431,638
Bank Credit Facility | Bank Credit Facility [Member] | Parent  
Line of Credit Facility [Line Items]  
Schedule of Line of Credit Facilities [Table Text Block]
The outstanding principal amounts under the Third Amended and Restated Credit Agreement (the "Boyd Gaming Credit Facility") are comprised of the following:
(In thousands)
March 31, 2015
 
December 31, 2014
Revolving Credit Facility
$
280,000

 
$
300,000

Term A Loan
218,250

 
221,375

Term B Loan
838,500

 
840,750

Swing Loan
8,700

 
25,300

Total outstanding principal amounts under the Boyd Gaming Credit Facility
$
1,345,450

 
$
1,387,425
Bank Credit Facility | Bank Credit Facility [Member] | Subsidiary, Peninsula Gaming [Member]  
Line of Credit Facility [Line Items]  
Schedule of Line of Credit Facilities [Table Text Block]
The outstanding principal amounts under the Peninsula senior secured credit facility (the "Peninsula Credit Facility") are comprised of the following:
(In thousands)
March 31, 2015
 
December 31, 2014
Term Loan
$
712,875

 
$
734,000

Revolving Facility
5,000

 
2,000

Swing Loan
7,300

 
6,400

Total outstanding principal amounts under the Peninsula Credit Facility
$
725,175

 
$
742,400