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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2017
Line of Credit Facility [Line Items]  
Schedule of Extinguishment of Debt [Table Text Block]
The components of the loss on early extinguishments and modifications of debt, are as follows:
 
Year Ended December 31,
(In thousands)
2017
 
2016
 
2015
Boyd Gaming Credit Facility deferred finance charges
$
1,086

 
$
6,629

 
$
1,978

Refinancing Amendment
496

 

 

9.00% Senior Notes premium and consent fees

 
15,750

 

9.00% Senior Notes deferred finance charges

 
5,976

 

8.375% Senior Notes deferred finance charges

 
4,497

 

9.125% Senior Notes premium and consent fees

 

 
23,962

9.125% Senior Notes deferred finance charges

 

 
4,888

HoldCo Note

 

 
7,819

Peninsula Credit Facility deferred finance charges

 
9,512

 
2,086

Total loss on early extinguishments and modifications of debt
$
1,582

 
$
42,364

 
$
40,733

Schedule of Long-term Debt Instruments
Long-term debt, net of current maturities and debt issuance costs consists of the following:
 
 
 
December 31, 2017
 
Interest
 
 
 
 
 
Unamortized
 
 
 
Rates at
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
(In thousands)
Dec. 31, 2017
 
Principal
 
Discount
 
Fees and Costs
 
Debt, Net
Bank credit facility
3.882
%
 
$
1,621,054

 
$
(1,556
)
 
$
(23,795
)
 
$
1,595,703

6.875% senior notes due 2023
6.875
%
 
750,000

 

 
(9,455
)
 
740,545

6.375% senior notes due 2026
6.375
%
 
750,000

 

 
(10,872
)
 
739,128

Other
5.800
%
 
504

 

 

 
504

Total long-term debt
 
 
3,121,558


(1,556
)

(44,122
)

3,075,880

Less current maturities
 
 
23,981

 

 

 
23,981

Long-term debt, net
 
 
$
3,097,577


$
(1,556
)

$
(44,122
)

$
3,051,899


 
 
 
December 31, 2016
 
Interest
 
 
 
 
 
Unamortized
 
 
 
Rates at
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
(In thousands)
Dec. 31, 2016
 
Principal
 
Discount
 
Fees and Costs
 
Debt, Net
Bank credit facility
3.440
%
 
$
1,782,538

 
$
(1,888
)
 
$
(28,503
)
 
$
1,752,147

6.875% senior notes due 2023
6.875
%
 
750,000

 

 
(11,209
)
 
738,791

6.375% senior notes due 2026
6.375
%
 
750,000

 

 
(12,074
)
 
737,926

Other
5.800
%
 
591

 

 

 
591

Total long-term debt
 
 
3,283,129

 
(1,888
)
 
(51,786
)
 
3,229,455

Less current maturities
 
 
30,336

 

 

 
30,336

Long-term debt, net
 
 
$
3,252,793

 
$
(1,888
)
 
$
(51,786
)
 
$
3,199,119


Schedule of Line of Credit Facilities
The outstanding principal amounts under the Credit Facility are comprised of the following:
 
December 31,
(In thousands)
2017
 
2016
Revolving Credit Facility
$
170,000

 
$
245,000

Term A Loan
210,938

 
222,188

Refinancing Term B Loans
1,170,016

 

Term B-1 Loan

 
271,750

Term B-2 Loan

 
997,500

Swing Loan
70,100

 
46,100

Total outstanding principal amounts
$
1,621,054

 
$
1,782,538


Maximum Total Leverage Ratio
The maximum permitted consolidated Total Leverage Ratio is calculated as Consolidated Funded Indebtedness to twelve-month trailing Consolidated EBITDA, as defined by the Agreement. The following table provides our maximum Total Leverage Ratio during the remaining term of the Credit Facility:
 
Maximum Total
For the Trailing Four Quarters Ending
Leverage Ratio
March 31, 2017 through December 31, 2017
7.00
to
1.00
March 31, 2018 through December 31, 2018
6.25
to
1.00
March 31, 2019 through December 31, 2019
6.00
to
1.00
March 31, 2020 through December 31, 2020
5.75
to
1.00
March 31, 2021 and thereafter
5.50
to
1.00
Maximum Secured Leverage Ratio
The maximum permitted Secured Leverage Ratio is calculated as Secured Indebtedness to twelve-month trailing Consolidated EBITDA, as defined by the Agreement. The following table provides our maximum Secured Leverage Ratio during the remaining term of the Credit Facility:
 
Maximum Secured
For the Trailing Four Quarters Ending
Leverage Ratio
September 30, 2016 through December 31, 2017
4.50
to
1.00
March 31, 2018 through December 31, 2018
4.00
to
1.00
March 31, 2019 through December 31, 2019
3.75
to
1.00
March 31, 2020 and thereafter
3.50
to
1.00
Schedule of Maturities of Long-term Debt
The scheduled maturities of long-term debt, as discussed above, are as follows:
(In thousands)
Total
For the year ending December 31,
 
2018
$
23,981

2019
23,991

2020
23,997

2021
430,040

2022
12,758

Thereafter
2,606,791

Total outstanding principal of long-term debt
$
3,121,558