XML 98 R84.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Debt Narrative - Credit Facilities - Gaming (Details) (USD $) | 12 Months Ended |  | 12 Months Ended |  |  | 0 Months Ended |  |  | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 Gaming Segment [Member] | Dec. 31, 2012 Gaming Segment [Member] | Dec. 31, 2011 Gaming Segment [Member] | Dec. 31, 2013 Gaming Segment [Member] Secured Debt [Member] Exit Facility [Member] | Dec. 31, 2012 Gaming Segment [Member] Secured Debt [Member] Exit Facility [Member] | Mar. 08, 2010 Gaming Segment [Member] Secured Debt [Member] Exit Facility [Member] | Dec. 31, 2013 Term Loan [Member] Gaming Segment [Member] Secured Debt [Member] | Nov. 27, 2013 Term Loan [Member] Gaming Segment [Member] Secured Debt [Member] | Mar. 08, 2010 Term Loan [Member] Gaming Segment [Member] Secured Debt [Member] Exit Facility [Member] | Mar. 08, 2010 Revolving Credit Facility [Member] Gaming Segment [Member] Secured Debt [Member] Exit Facility [Member] | Dec. 31, 2013 Letter of Credit [Member] Gaming Segment [Member] Secured Debt [Member] | Nov. 27, 2013 Letter of Credit [Member] Gaming Segment [Member] Secured Debt [Member] | Dec. 31, 2013 Loss on extinguishment of debt | Dec. 31, 2012 Loss on extinguishment of debt | Dec. 31, 2011 Loss on extinguishment of debt | Dec. 31, 2013 Loss on extinguishment of debt Term Loan [Member] Gaming Segment [Member]
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term Loan Facility |  |  |  |  |  |  |  |  |  | $ 175,000,000 | $ 300,000,000 | $ 130,000,000 | $ 20,000,000 | $ 0 |  |  |  |  |
Debt discount rate at time of issuance |  |  |  |  |  |  |  |  |  |  | 0.50% |  |  |  |  |  |  |  |
Term loan facility, issue discount percentage |  |  |  |  |  |  |  |  |  | 2.00% |  | 7.00% |  |  |  |  |  |  |
Letter of credit facility, maximum aggregate amount |  |  |  |  |  |  |  |  |  |  |  |  |  | 15,000,000 | 15,000,000 |  |  |  |
Use of portion of debt proceeds |  |  |  |  |  |  |  |  |  | 172,000,000 |  |  |  |  |  |  |  |  |
Other income (loss), net | 21,000,000 | (175,000,000) | (72,000,000) | (5,000,000) | (3,000,000) | (1,000,000) |  |  |  |  |  |  |  |  |  | 0 | (10,000,000) | 0 |
Amortization of Financing Costs and Discounts | 34,000,000 | 28,000,000 | 39,000,000 |  |  |  |  |  |  | 750,000 |  |  |  |  |  |  |  |  |
Term loan facility, quarterly required principal payments, percentage of original principal amount |  |  |  |  |  |  |  |  |  | 0.25% |  |  |  |  |  |  |  |  |
Amount of Exit Facility repaid by proceeds of New Term Loan Facility |  |  |  |  |  |  | 108,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Amount of Exit Facility eliminated through consolidation |  |  |  |  |  |  | 58,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Loss on extinguishment of debt |  |  |  |  |  |  |  | 2,000,000 |  |  |  |  |  |  |  |  |  |  | (5,000,000)
Required debt payment if Lumiere acquisition is terminated |  |  |  |  |  |  |  |  |  | 125,000,000 |  |  |  |  |  |  |  |  |
Prepayment penalty |  |  |  |  |  |  |  | 1,000,000 |  |  |  |  |  |  |  |  |  |  |
Write-off of unamortized debt issuance costs and discounts |  |  |  |  |  |  |  | 1,000,000 |  |  |  |  |  |  |  |  |  |  |
Percentage of prior Term Loan Facility held by Investment Funds |  |  |  |  |  |  |  |  |  |  |  | 50.00% |  |  |  |  |  |  |
Percentage of Revolving Facility required to be funded by Investment Funds |  |  |  |  |  |  |  |  |  |  |  |  | 100.00% |  |  |  |  |  |
Interest rate, long-term debt |  |  |  |  |  |  |  |  | 15.00% | 4.00% |  |  |  |  |  |  |  |  |
Default interest rate, Exit Facility |  |  |  |  |  |  |  |  | 17.00% |  |  |  |  |  |  |  |  |  |
Administrative fee amount, Exit Facility |  |  |  |  |  |  |  |  |  |  |  |  | $ 100,000 |  |  |  |  |  |
Revolving credit facility unused line fee |  |  |  |  |  |  |  |  |  |  |  |  | 0.75% |  |  |  |  |  |
Trailing Months Used to Calculate Leverage Ratios |  |  |  |  |  |  |  |  |  | 12 years |  |  |  |  |  |  |  |  |

X
- Definition Debt discount rate at time of issuance + References No definition available. + Details
Name: | iep_Debtdiscountrateattimeofissuance
Namespace Prefix: | iep_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Extinguishment Costs + References No definition available. + Details
Name: | iep_DebtExtinguishmentCosts
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Debt Instrument, Amount Eliminated Through Consolidation + References No definition available. + Details
Name: | iep_DebtInstrumentAmountEliminatedThroughConsolidation
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Debt Instrument, Interest Rate, Default Percentage + References No definition available. + Details
Name: | iep_DebtInstrumentInterestRateDefaultPercentage
Namespace Prefix: | iep_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Issue Discount Percentage + References No definition available. + Details
Name: | iep_DebtInstrumentIssueDiscountPercentage
Namespace Prefix: | iep_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Ownership Percentage Held by Affiliate + References No definition available. + Details
Name: | iep_DebtInstrumentOwnershipPercentageHeldByAffiliate
Namespace Prefix: | iep_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Periodic Payment, Percentage of Original Principal Amount + References No definition available. + Details
Name: | iep_DebtInstrumentPeriodicPaymentPercentageOfOriginalPrincipalAmount
Namespace Prefix: | iep_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Letter of Credit Facility, Maximum Borrowing Capacity + References No definition available. + Details
Name: | iep_LetterOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line of Credit Facility, Administrative Fee Amount + References No definition available. + Details
Name: | iep_LineOfCreditFacilityAdministrativeFeeAmount
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line of Credit Facility, Obligation of Affiliate to Fund Borrowings, Percentage + References No definition available. + Details
Name: | iep_LineOfCreditFacilityObligationOfAffiliateToFundBorrowingsPercentage
Namespace Prefix: | iep_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Required debt payment if Lumiere acquisition is terminated + References No definition available. + Details
Name: | iep_RequireddebtpaymentifLumiereacquisitionisterminated
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Trailing Months Used to Calculate Leverage Ratios + References No definition available. + Details
Name: | iep_TrailingMonthsUsedToCalculateLeverageRatios
Namespace Prefix: | iep_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Use of portion of debt proceeds + References No definition available. + Details
Name: | iep_UseOfPortionOfDebtProceeds
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
Name: | us-gaap_AmortizationOfFinancingCostsAndDiscounts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

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

X
- Definition Gross amount of debt extinguished. + References No definition available. + Details
Name: | us-gaap_ExtinguishmentOfDebtAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6850294&loc=d3e12317-112629 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6850294&loc=d3e12355-112629 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 9 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.9) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_OtherNonoperatingIncomeExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_WriteOffOfDeferredDebtIssuanceCost
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration