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Investment in and Advances to Unconsolidated Affiliates (Notes) | 6 Months Ended
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Jun. 30, 2018
Investments in and Advances to Affiliates, Schedule of Investments [Abstract] |
Investments in and Advances to Affiliates, Schedule of Investments [Text Block] | The Company's equity investments include the following:
• | 50% joint venture ownership in Miami Valley Gaming ("MVG") in Lebanon, Ohio;
• | 25% equity investment in Saratoga Casino Holdings LLC ("SCH"), which owns Saratoga Casino Hotel in Saratoga Springs, New York ("Saratoga New York") and Saratoga Casino Black Hawk in Black Hawk, Colorado ("Saratoga Colorado"); and
• | 50% equity investment in Ocean Downs LLC and Services Racing LLC ("Ocean Downs") located near Ocean City, Maryland. SCH owns the remaining 50% of Ocean Downs, providing the Company an effective 62.5% interest.
Summarized below are the financial results for our unconsolidated affiliates:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in millions) | 2018 |  | 2017 |  | 2018 |  | 2017
Net revenue | $ | 114.5 |  |  | $ | 109.4 |  |  | $ | 216.1 |  |  | $ | 212.7 |
Operating and SG&A expense | 84.4 |  |  | 83.8 |  |  | 163.3 |  |  | 165.5 |
Depreciation and amortization | 6.6 |  |  | 5.1 |  |  | 13.1 |  |  | 10.9 |
Total operating expense | 91.0 |  |  | 88.9 |  |  | 176.4 |  |  | 176.4 |
Operating income | 23.5 |  |  | 20.5 |  |  | 39.7 |  |  | 36.3 |
Interest and other expense, net | (2.6 | ) |  | (2.7 | ) |  | (4.9 | ) |  | (5.3 | )
Net income | $ | 20.9 |  |  | $ | 17.8 |  |  | $ | 34.8 |  |  | $ | 31.0 |
(in millions) | June 30, 2018 |  | December 31, 2017
Assets |  |  |
Current assets | $ | 71.1 |  |  | $ | 64.5 |
Property and equipment, net | 231.0 |  |  | 234.6 |
Other assets, net | 241.0 |  |  | 236.5 |
Total assets | $ | 543.1 |  |  | $ | 535.6 |
Liabilities and Members' Equity |  |  |
Current liabilities | $ | 96.8 |  |  | $ | 100.3 |
Long-term debt | 104.6 |  |  | 110.1 |
Other liabilities | 1.2 |  |  | 0.1 |
Members' equity | 340.5 |  |  | 325.1 |
Total liabilities and members' equity | $ | 543.1 |  |  | $ | 535.6 |

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- Definition The entire disclosure for the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. It reflects specified information about ownership, financial results from, and financial position in such entities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 + Details
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