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Segment Information | 3 Months Ended
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Mar. 31, 2015
Segment Information |
Segment Information | Note 11. Segment Information The following table sets forth, for the period indicated, certain operating data for our reportable segments. Management views each of our casinos as an operating segment. Operating segments are aggregated based on their similar economic characteristics, types of customers, types of services and products provided, and their management and reporting structure. The Company's principal operating activities occur in three geographic regions: Reno, Shreveport and the eastern states. The Company has aggregated its operating segments into three reportable segments: Eldorado Reno, Eldorado Shreveport and MTR Gaming.
|  | Three Months Ended March 31, |
|  | 2015 |  | 2014 |
|  | (in thousands, unaudited) |
Revenues and expenses |  |  |  |  |  |  |
Eldorado Reno |  |  |  |  |  |  |
Net operating revenues(a) |  | $ | 23,753 |  | $ | 23,166 |
Expenses, excluding depreciation |  |  | (21,322 | ) |  | (22,483 | )
Corporate management fee |  |  | (384 | ) |  | — |
Acquisition charges |  |  | — |  |  | (1,372 | )
Equity in losses of unconsolidated affiliates |  |  | (518 | ) |  | (380 | )
Depreciation |  |  | (1,932 | ) |  | (2,028 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating loss—Eldorado Reno |  | $ | (403 | ) | $ | (3,097 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Eldorado Shreveport |  |  |  |  |  |  |
Net operating revenues |  | $ | 34,634 |  | $ | 34,614 |
Expenses, excluding depreciation and amortization(a) |  |  | (27,516 | ) |  | (27,805 | )
Corporate management fee |  |  | (496 | ) |  | — |
Depreciation and amortization |  |  | (1,919 | ) |  | (2,160 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating income—Eldorado Shreveport |  | $ | 4,703 |  | $ | 4,649 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
MTR Gaming |  |  |  |  |  |  |
Net operating revenues |  | $ | 109,064 |  | $ | — |
Expenses, excluding depreciation and amortization |  |  | (88,189 | ) |  | — |
Corporate management fee |  |  | (1,763 | ) |  | — |
Gain on sale or disposal of property |  |  | 1 |  |  | — |
Acquisition charges |  |  | (84 | ) |  | — |
Depreciation and amortization |  |  | (10,539 | ) |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating income—MTR Gaming |  | $ | 8,490 |  | $ | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
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Eldorado Corporate |  |  |  |  |  |  |
Expenses, excluding depreciation and amortization(a) |  | $ | (3,270 | ) | $ | — |
Corporate management fee |  |  | 2,643 |  |  | — |
Depreciation and amortization |  |  | (79 | ) |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating income—Eldorado Corporate |  | $ | (706 | ) | $ | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total Reportable Segments |  |  |  |  |  |  |
Net operating revenues(a) |  | $ | 167,451 |  | $ | 57,780 |
Expenses, excluding depreciation and amortization(a) |  |  | (140,297 | ) |  | (50,288 | )
Gain on sale or disposal of property |  |  | 1 |  |  | — |
Acquisition charges |  |  | (84 | ) |  | (1,372 | )
Equity in losses of unconsolidated affiliates |  |  | (518 | ) |  | (380 | )
Depreciation and amortization |  |  | (14,469 | ) |  | (4,188 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating income—Total Reportable Segments |  | $ | 12,084 |  | $ | 1,552 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reconciliations to Consolidated Net Loss |  |  |  |  |  |  |
Operating Income—Total Reportable Segments |  | $ | 12,084 |  | $ | 1,552 |
Unallocated income and expenses: |  |  |  |  |  |  |
Interest income |  |  | 5 |  |  | 4 |
Interest expense |  |  | (17,237 | ) |  | (3,889 | )
Provision for income taxes |  |  | (1,016 | ) |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net loss |  | $ | (6,164 | ) | $ | (2,333 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(a) | Excludes intercompany management fee revenues earned by Eldorado Reno and expensed by Eldorado Shreveport amounting to $0.8 million for the three months ended March 31, 2014.
|  | Three Months Ended March 31, |
|  | 2015 |  | 2014 |
|  | (in thousands, unaudited) |
Capital Expenditures |  |  |  |  |  |  |
Eldorado Reno |  | $ | 1,389 |  | $ | 321 |
Eldorado Shreveport |  |  | 620 |  |  | 181 |
MTR Gaming |  |  | 5,486 |  |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  | $ | 7,495 |  | $ | 502 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | As of March 31, 2015 |  | As of December 31, 2014 |
|  | (unaudited) |  |  |
|  | (in thousands) |
Total Assets(a) |  |  |  |  |  |  |
Eldorado Reno |  | $ | 236,788 |  | $ | 236,330 |
Eldorado Shreveport |  |  | 146,811 |  |  | 143,928 |
Eldorado Corporate |  |  | 5,942 |  |  | — |
MTR Gaming |  |  | 895,184 |  |  | 921,726 |
Eliminating and reclassification entries(b) |  |  | (134,273 | ) |  | (126,654 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  | $ | 1,150,452 |  | $ | 1,175,330 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(a) | Total assets presented in this table are considered restricted under the Company's indenture described in Note 7.
(b) | Reflects the following for the periods indicated:
Proceeds from Resorts Senior Secured Notes loaned to Eldorado Shreveport |  | $ | 116,308 |  | $ | 116,308 |
Accrued interest on the above intercompany loan |  |  | 2,926 |  |  | 418 |
Intercompany receivables/payables |  |  | 3,344 |  |  | 130 |
Reclassification of noncurrent deferred tax assets |  |  | 1,897 |  |  | — |
Net investment in and advances to MTR Gaming |  |  | 5,000 |  |  | 5,000 |
Net investment in and advances to Eldorado Shreveport |  |  | 4,798 |  |  | 4,798 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | $ | 134,273 |  | $ | 126,654 |
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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