Intangible Assets

9 Months Ended

Sep. 30, 2015

Intangible Assets, Net (Excluding Goodwill) [Abstract]

INTANGIBLE ASSETS

Intangible assets consist of the following:



	September 30, 2015
	Weighted	Gross					Cumulative
	Average Life	Carrying		Cumulative			Impairment			Intangible
(In thousands)	Remaining	Value		Amortization			Losses			Assets, Net
Amortizing intangibles:
Customer relationships	2.1 years	$	136,300	$	(103,582	)	$	—		$	32,718
Favorable lease rates	32.8 years	45,370		(11,737		)	—			33,633
Development agreement	—	21,373		—			—			21,373
		203,043		(115,319		)	—			87,724

Indefinite lived intangible assets:
Trademarks and other	Indefinite	129,501		—			(3,500		)	126,001
Gaming license rights	Indefinite	873,335		(33,960		)	(138,872		)	700,503
		1,002,836		(33,960		)	(142,372		)	826,504
Balance, September 30, 2015		$	1,205,879	$	(149,279	)	$	(142,372	)	$	914,228



	December 31, 2014
	Weighted	Gross					Cumulative
	Average Life	Carrying		Cumulative			Impairment			Intangible
(In thousands)	Remaining	Value		Amortization			Losses			Assets, Net
Amortizing intangibles:
Customer relationships	2.9 years	$	139,600	$	(87,642	)	$	—		$	51,958
Favorable lease rates	33.4 years	45,370		(10,956		)	—			34,414
Development agreement	—	21,373		—			—			21,373
		206,343		(98,598		)	—			107,745

Indefinite lived intangible assets:
Trademarks	Indefinite	129,501		—			(3,500		)	126,001
Gaming license rights	Indefinite	873,335		(33,960		)	(138,872		)	700,503
		1,002,836		(33,960		)	(142,372		)	826,504
Balance, December 31, 2014		$	1,209,179	$	(132,558	)	$	(142,372	)	$	934,249

Annual Impairment Test

We perform our annual test of goodwill and other indefinite-lived intangible assets as of October 1. The annual test for 2015 is currently in process. The test is in the preliminary stages and it is not yet possible to determine the amount, if any, of impairment charges that may result from the current year test. The annual test performed in fourth quarter 2014 resulted in the recognition of a non-cash impairment charge of $40.0 million.