XML 28 R77.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Fair Value Measurements (Details) (USD $) | 3 Months Ended | 12 Months Ended |  |  | 3 Months Ended | 12 Months Ended |  | 3 Months Ended | 12 Months Ended |  | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2013 item | Dec. 31, 2013 item | Dec. 31, 2012 | Dec. 31, 2011 | Jun. 30, 2013 Argosy Casino Sioux City | Dec. 31, 2013 Argosy Casino Sioux City | Dec. 31, 2013 Hollywood Casino Aurora | Dec. 31, 2013 Hollywood Casino Joliet | Dec. 31, 2013 Spin-Off | Dec. 31, 2013 Spin-Off | Dec. 31, 2012 Recurring basis Significant Other Observable Inputs (Level 2) | Dec. 31, 2012 Recurring basis Fair Value | Dec. 31, 2013 Nonrecurring | Dec. 31, 2012 Nonrecurring | Dec. 31, 2013 Nonrecurring Significant Other Observable Inputs (Level 2) | Dec. 31, 2013 Nonrecurring Significant Unobservable Inputs (Level 3) | Dec. 31, 2013 Nonrecurring Fair Value
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in corporate debt securities |  |  |  |  |  |  |  |  |  |  | $ 6,790,000 | $ 6,790,000 |  |  |  |  |
Assets measured as fair value on a non-recurring basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill | 492,398,000 | 492,398,000 | 1,380,689,000 | 1,180,359,000 |  |  | 37,687,000 | 12,562,000 |  |  |  |  |  |  |  | 136,975,000 | 136,975,000
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 234,819,000 | 234,819,000
Long-lived assets |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 6,452,000 |  | 6,452,000
Total Reduction in Fair Value Recorded during the year |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill | (1,058,400,000) | (807,464,000) |  |  |  |  |  |  | (738,800,000) | (738,800,000) |  |  | (807,464,000) |  |  |  |
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |  | (322,753,000) |  |  |  |
Long-lived assets |  |  |  |  |  |  |  |  |  |  |  |  | (2,200,000) |  |  |  |
Total |  | (1,132,417,000) |  |  | (71,800,000) | (71,800,000) |  |  |  |  |  |  | (1,132,417,000) |  |  |  |
Pre-tax impairment charges of goodwill and other intangible assets |  |  |  |  |  |  |  |  | 1,058,400,000 | 1,058,400,000 |  |  |  |  |  |  |
Net of tax impairment charges of goodwill and other intangible assets |  |  |  |  |  |  |  |  | 842,900,000 | 842,900,000 |  |  |  |  |  |  |
Pre-tax impairment charge |  | 1,132,417,000 |  |  | 71,800,000 | 71,800,000 |  |  |  |  |  |  | 1,132,417,000 |  |  |  |
Impairment charge, net of taxes |  |  |  |  | 70,500,000 | 70,500,000 |  |  |  |  |  |  |  |  |  |  |
Number of racetracks relocated | 2 | 2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pre-tax impairment charges on relocation of racetracks | 2,200,000 | 2,200,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net of taxes impairment charges on relocation of racetracks | $ 1,400,000 | $ 1,400,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Represents the after tax amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. + References No definition available. + Details
Name: | penn_AssetImpairmentChargesNetOfTax
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the after tax amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of intangible asset to fair value. + References No definition available. + Details
Name: | penn_ImpairmentOfIntangibleAssetsFiniteLivedNetOfTax
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the net of tax amount of impairment loss recognized in the period resulting relocation of racetracks. + References No definition available. + Details
Name: | penn_NetOfTaxImpairmentChargesOnRelocationOfRaceTracks
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the number of racetracks relocated during the period. + References No definition available. + Details
Name: | penn_NumberOfRaceTrackRelocated
Namespace Prefix: | penn_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the pre-tax amount of impairment loss recognized in the period resulting relocation of racetracks. + References No definition available. + Details
Name: | penn_PreTaxImpairmentChargesOnRelocationOfRaceTracks
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. + 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 360 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2420-110228 + Details
Name: | us-gaap_AssetImpairmentCharges
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

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

X
- Definition Fair value portion of assets classified as held for sale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 + Details
Name: | us-gaap_AssetsHeldForSaleLongLivedFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 25 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=28360136&loc=d3e22054-111558 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562 + Details
Name: | us-gaap_AvailableForSaleSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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

X
- Definition Fair value portion of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266 + Details
Name: | us-gaap_Goodwill
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. + 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 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13777-109266 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 + Details
Name: | us-gaap_GoodwillImpairmentLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 + Details
Name: | us-gaap_ImpairmentOfIntangibleAssetsFinitelived
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of impairment loss resulting from write-down of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit to fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 + Details
Name: | us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale. + 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 360 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2611-110228 + Details
Name: | us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration