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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Intangible Assets
Intangible assets consist of the following:
 
December 31, 2017
 
Weighted
 
Gross
 
 
 
Cumulative
 
 
 
Average Life
 
Carrying
 
Cumulative
 
Impairment
 
Intangible
(In thousands)
Remaining
 
Value
 
Amortization
 
Losses
 
Assets, Net
Amortizing intangibles:
 
 
 
 
 
 
 
 
 
Customer relationships
5.2 years
 
$
9,400

 
$
(3,470
)
 
$

 
$
5,930

Favorable lease rates
38.0 years
 
11,730

 
(3,075
)
 

 
8,655

Development agreement
 
21,373

 

 

 
21,373

 
 
 
42,503

 
(6,545
)
 

 
35,958

 
 
 
 
 
 
 
 
 
 
Indefinite lived intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks
Indefinite
 
151,887

 

 
(4,300
)
 
147,587

Gaming license rights
Indefinite
 
873,335

 
(33,960
)
 
(179,974
)
 
659,401

 
 
 
1,025,222

 
(33,960
)
 
(184,274
)
 
806,988

Balance, December 31, 2017
 
 
$
1,067,725

 
$
(40,505
)
 
$
(184,274
)
 
$
842,946


 
December 31, 2016
 
Weighted
 
Gross
 
 
 
Cumulative
 
 
 
Average Life
 
Carrying
 
Cumulative
 
Impairment
 
Intangible
(In thousands)
Remaining
 
Value
 
Amortization
 
Losses
 
Assets, Net
Amortizing intangibles:
 
 
 
 
 
 
 
 
 
Customer relationships
1.1 years
 
$
144,780

 
$
(125,318
)
 
$

 
$
19,462

Favorable lease rates
31.4 years
 
45,370

 
(13,039
)
 

 
32,331

Development agreement
 
21,373

 

 

 
21,373

 
 
 
211,523

 
(138,357
)
 

 
73,166

 
 
 
 
 
 
 
 
 
 
Indefinite lived intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks
Indefinite
 
153,687

 

 
(4,300
)
 
149,387

Gaming license rights
Indefinite
 
873,335

 
(33,960
)
 
(179,974
)
 
659,401

 
 
 
1,027,022

 
(33,960
)
 
(184,274
)
 
808,788

Balance, December 31, 2016
 
 
$
1,238,545

 
$
(172,317
)
 
$
(184,274
)
 
$
881,954

Schedule of Changes in Intangible Assets
The following table sets forth the changes in these intangible assets:
(In thousands)
Customer Relationships
 
Favorable Lease Rates
 
Development Agreements
 
Trademarks
 
 Gaming License Rights
 
 Intangible Assets, Net
Balance, January 1, 2015
$
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

Additions
8,480

 

 

 
24,200

 

 
32,680

Impairments

 

 

 
(800
)
 
(23,600
)
 
(24,400
)
Amortization
(15,324
)
 
(1,042
)
 

 

 

 
(16,366
)
Other

 

 

 
(14
)
 

 
(14
)
Balance, December 31, 2016
19,462

 
32,331

 
21,373

 
149,387

 
659,401

 
881,954

Additions

 

 

 

 

 

Purchase price adjustment
920

 

 

 
(1,800
)
 

 
(880
)
Impairments

 

 

 

 

 

Amortization
(14,452
)
 
(228
)
 

 

 

 
(14,680
)
Other

 
(23,448
)
 

 

 

 
(23,448
)
Balance, December 31, 2017
$
5,930

 
$
8,655

 
$
21,373

 
$
147,587

 
$
659,401

 
$
842,946

Schedule of Expected Amortization Expense
Future amortization is as follows:
(In thousands)
 
Customer Relationships
 
Favorable Lease Rates
 
Total
For the year ending December 31,
 
 
 
 
 
 
2018
 
$
2,291

 
$
228

 
$
2,519

2019
 
1,634

 
228

 
1,862

2020
 
1,043

 
228

 
1,271

2021
 
511

 
228

 
739

2022
 
271

 
228

 
499

Thereafter
 
180

 
7,515

 
7,695

Total future amortization
 
$
5,930

 
$
8,655

 
$
14,585