XML 51 R31.htm IDEA: XBRL DOCUMENT

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2015

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule of Intangible Assets

Intangible assets consist of the following:



	December 31, 2015
	Weighted		Gross								Cumulative
	Average Life		Carrying				Cumulative				Impairment				Intangible
(In thousands)	Remaining		Value				Amortization				Losses				Assets, Net
Amortizing intangibles:
Customer relationships	1.9 years		$	136,300			$	(109,994	)		$	—			$	26,306
Favorable lease rates	32.4 years		45,370				(11,997		)		—				33,373
Development agreement	—		21,373				—				—				21,373
			203,043				(121,991		)		—				81,052

Indefinite lived intangible assets:
Trademarks	Indefinite		129,501				—				(3,500		)		126,001
Gaming license rights	Indefinite		873,335				(33,960		)		(156,374		)		683,001
			1,002,836				(33,960		)		(159,874		)		809,002
Balance, December 31, 2015			$	1,205,879			$	(155,951	)		$	(159,874	)		$	890,054



	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

Schedule of Changes in Intangible Assets

The following table sets forth the changes in these intangible assets:



(In thousands)	Customer Relationships				Non-competition Agreement				Favorable Lease Rates				Development Agreements				Trademarks				Gaming License Rights				Intangible Assets, Net
Balance, January 1, 2013	$	130,941			$	2,846			$	36,503			$	21,373			$	186,800			$	741,175			$	1,119,638
Additions	—				—				—				—				4,687				—				4,687
Impairments	—				—				—				—				(3,200		)		(900		)		(4,100		)
Amortization	(45,674		)		(2,846		)		(1,045		)		—				—				—				(49,565		)
Balance, December 31, 2013	85,267				—				35,458				21,373				188,287				740,275				1,070,660
Additions	—				—				—				—				14				—				14
Impairments	—				—				—				—				(300		)		(39,772		)		(40,072		)
Amortization	(33,309		)		—				(1,044		)		—				—				—				(34,353		)
Other	—				—				—				—				(62,000		)		—				(62,000		)
Balance, December 31, 2014	51,958				—				34,414				21,373				126,001				700,503				934,249
Additions	—				—				—				—				—				—				—
Impairments	—				—				—				—				—				(17,502		)		(17,502		)
Amortization	(25,652		)		—				(1,041		)		—				—				—				(26,693		)
Balance, December 31, 2015	$	26,306			$	—			$	33,373			$	21,373			$	126,001			$	683,001			$	890,054

Schedule of Expected Amortization Expense

Future amortization is as follows:



(In thousands)		Customer Relationships				Favorable Lease Rates				Total
For the year ending December 31,
2016		$	14,870			$	1,043			$	15,913
2017		11,436				1,043				12,479
2018		—				1,043				1,043
2019		—				1,043				1,043
2020		—				1,043				1,043
Thereafter		—				28,158				28,158
Total future amortization		$	26,306			$	33,373			$	59,679