XML 27 R11.htm IDEA: XBRL DOCUMENT v3.25.4
Goodwill and Other Intangibles
 12 Months Ended
Dec. 31, 2025
Schedule of Indefinite-Lived and Finite-Lived Intangible Assets [Abstract]  
Goodwill and Other Intangibles Goodwill and Other Intangibles
Goodwill, net of accumulated impairment losses of $1.2 million, was $195.7 million at December 31, 2025 and 2024. The Company’s goodwill is primarily related to the Las Vegas operations segment.
The Company’s intangibles, other than goodwill, consisted of the following (amounts in thousands):
December 31, 2025
Estimated useful
life
(years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Assets
BrandsIndefinite$76,200 $— $76,200 
License rightsIndefinite300 — 300 
Customer relationships
3 - 15
22,551 (21,421)1,130 
Management contracts
7 - 20
4,000 (1,530)2,470 
Intangible assets$103,051 $(22,951)$80,100 
December 31, 2024
Estimated useful
life
(years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Assets
BrandsIndefinite$76,200 $— $76,200 
License rightsIndefinite300 — 300 
Customer relationships
15
22,100 (19,947)2,153 
Management contracts
7 - 20
4,000 (1,425)2,575 
Intangible assets$102,600 $(21,372)$81,228 
Amortization expense for intangibles was as follows (amounts in thousands):
Year Ended December 31,
202520242023
Amortization expense$1,579 $1,578 $1,579 
Estimated annual amortization expense for intangibles for each of the next five years is as follows (amounts in thousands):
Years Ending December 31,
2026$969 
2027541 
2028541 
2029429 
2030334