XML 42 R15.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Other Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2011
Other Intangible Assets [Abstract] |
Other Intangible Assets | NOTE 8—OTHER INTANGIBLE ASSETS The Company's other intangible assets are comprised of the following (in thousands):
|  | 2011 |  |  | 2010 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Definite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Favorable contracts |  | $ | 11,000 |  |  | $ | (2,966 | ) |  | $ | 8,034 |  |  | $ | 11,000 |  |  | $ | (2,319 | ) |  | $ | 8,681 |
Customer relationships |  |  | 47,280 |  |  |  | (16,344 | ) |  |  | 30,936 |  |  |  | 47,280 |  |  |  | (7,662 | ) |  |  | 39,618 |
Slots gaming license |  |  | 2,250 |  |  |  | (1,125 | ) |  |  | 1,125 |  |  |  | 2,750 |  |  |  | (1,375 | ) |  |  | 1,375 |
Other |  |  | 4,059 |  |  |  | (237 | ) |  |  | 3,822 |  |  |  | 4,059 |  |  |  | (207 | ) |  |  | 3,852 |
|  | $ | 64,589 |  |  | $ | (20,672 | ) |  |  | 43,917 |  |  | $ | 65,089 |  |  | $ | (11,563 | ) |  |  | 53,526 |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Slots gaming rights |  |  |  |  |  |  |  |  |  |  | 45,089 |  |  |  |  |  |  |  |  |  |  |  | 45,089 |
Trademarks |  |  |  |  |  |  |  |  |  |  | 11,297 |  |  |  |  |  |  |  |  |  |  |  | 11,297 |
Illinois Horseracing |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Trust |  |  |  |  |  |  |  |  |  |  | 3,307 |  |  |  |  |  |  |  |  |  |  |  | 3,307 |
Other |  |  |  |  |  |  |  |  |  |  | 217 |  |  |  |  |  |  |  |  |  |  |  | 217 |
Total intangible assets |  |  |  |  |  |  |  |  |  | $ | 103,827 |  |  |  |  |  |  |  |  |  |  | $ | 113,436 |
Amortization expense for definite-lived intangible assets was approximately $11.9 million, $9.9 million and $2.1 million for the years ended December 31, 2011, 2010 and 2009, respectively, and is classified in operating expenses. The Company submitted payments of $2.3 million, $2.8 million and $3.3 million for the years ended December 31, 2011, 2010 and 2009, respectively, for annual license fees for Calder Casino. The initial payment was amortized to expense from the date of the opening of the slot facility until June 30, 2010, for the year ended December 31, 2010. Thereafter, payments will be amortized to expense over the annual license period. Indefinite-lived intangible assets consist primarily of state gaming licenses in Mississippi and Florida, rights to participate in the Horse Racing Equity Fund and trademarks. Future estimated amortization expense does not include additional payments of $2.3 million in 2012 and in each year thereafter for the ongoing amortization of future expected annual Florida slots gaming license fees not yet incurred or paid. Future estimated aggregate amortization expense on existing definite-lived intangible assets for each of the next five fiscal years is as follows (in thousands):
Year Ended December 31, |  | Estimated Amortization Expense |
2012 |  | $ | 9,667 |
2013 |  | $ | 7,915 |
2014 |  | $ | 6,902 |
2015 |  | $ | 6,086 |
2016 |  | $ | 4,980 |

X
- Definition Other intangible assets. + References No definition available. + Details
Name: | chdn_OtherIntangibleAssetsTextBlock
Namespace Prefix: | chdn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration