XML 80 R63.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Shareholders' Equity (Details) (USD $) | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 1 Months Ended
--- | --- | --- | --- | --- | ---
Jul. 03, 2008 | Jun. 15, 2007 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Oct. 11, 2013 | Oct. 30, 2008 | Dec. 31, 2010 | Feb. 28, 2013
Preferred equity investment |  |  |  |  |  |  |  |  |
Consideration that the shareholders would have received under merger agreement before termination (in dollars per share) |  | $ 67.00 penn_MergerAgreementConsiderationPerShareBeforeTermination |  |  |  |  |  |  |
Total consideration from the termination of the Merger Agreement | $ 1,475,000,000 penn_MergerAgreementTerminationTotalConsideration |  |  |  |  |  |  |  |
Non-refundable cash termination fee from the termination of the Merger Agreement | 225,000,000 penn_MergerAgreementTerminationNonrefundableCashTerminationFee |  |  |  |  |  |  |  |
Investment in preferred equity from the termination of the Merger Agreement | 1,250,000,000 penn_MergerAgreementTerminationPreferredEquityInvestment |  |  |  |  |  |  |  |
Repurchase value of preferred stock |  |  |  | 649,518,000 us-gaap_StockRepurchasedDuringPeriodValue |  |  |  |  |
Changes in each class of the Company's Preferred Stock |  |  |  |  |  |  |  |  |
Changes in the Company's outstanding Preferred Stock |  |  | 0 penn_PreferredStockSharesOutstandingChanges |  | 0 penn_PreferredStockSharesOutstandingChanges |  |  |  |
Affiliates of Fortress Centerbridge and W F Investment Holdings |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Exchange agreement amount paid |  |  |  |  |  | 649,500,000 penn_ExchangeAgreementAmountPaid / dei_LegalEntityAxis = penn_AffiliatesOfFortressCenterbridgeAndWFInvestmentHoldingsMember |  |  |
Maximum | Affiliate of Fortress Investment Group LLC |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Ownership interest in Spin-Off entity (as a percent) |  |  | 9.90%us-gaap_MinorityInterestOwnershipPercentageByParent / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_RangeAxis = us-gaap_MaximumMember |  |  |  |  |  |
Series B Preferred Stock |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Issuance of preferred stock (in shares) |  |  |  |  |  |  | 12,500 us-gaap_StockIssuedDuringPeriodSharesNewIssues / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |
Repurchase of Preferred Stock (in shares) |  |  |  | 6,498 us-gaap_StockRepurchasedDuringPeriodShares / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  | 225 us-gaap_StockRepurchasedDuringPeriodShares / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |
Repurchase value of preferred stock |  |  |  |  |  |  |  | $ 11,200,000 us-gaap_StockRepurchasedDuringPeriodValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |
Changes in each class of the Company's Preferred Stock |  |  |  |  |  |  |  |  |
Shares outstanding at the beginning of the period |  |  |  | 12,275 us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  |  |
Repurchase of Preferred Stock (in shares) |  |  |  | (6,498)us-gaap_StockRepurchasedDuringPeriodShares / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  | (225)us-gaap_StockRepurchasedDuringPeriodShares / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |
Impact of exchange transaction |  |  |  | (5,777)penn_PreferredStockImpactOfExchangeTransaction / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  |  |
Series B Preferred Stock | Centerbridge Partners LP |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Number of shares authorized to be repurchased |  |  |  |  |  | 2,300 us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased / dei_LegalEntityAxis = penn_CenterbridgePartnersLPMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |
Series B Preferred Stock | Wells Fargo Investment Holdings LLC |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Repurchase of Preferred Stock (in shares) |  |  |  |  |  |  |  |  | 225 us-gaap_StockRepurchasedDuringPeriodShares / dei_LegalEntityAxis = penn_WellsFargoInvestmentHoldingsLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember
Changes in each class of the Company's Preferred Stock |  |  |  |  |  |  |  |  |
Repurchase of Preferred Stock (in shares) |  |  |  |  |  |  |  |  | (225)us-gaap_StockRepurchasedDuringPeriodShares / dei_LegalEntityAxis = penn_WellsFargoInvestmentHoldingsLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember
Series B Preferred Stock | Affiliate of Fortress Investment Group LLC |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Number of shares of preferred stock provided with the right to exchange as per the Exchange Agreement |  |  | 9,750 penn_ExchangeAgreementRightToExchangeNumberOfShares / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  |  |  |
Ceiling price at which the shares of preferred stock are redeemable at maturity (in dollars per share) |  |  | 67 us-gaap_PreferredStockRedemptionPricePerShare / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  |  |  |
Number of shares held |  |  | 0 us-gaap_PreferredStockSharesOutstanding / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  |  |  |
Changes in each class of the Company's Preferred Stock |  |  |  |  |  |  |  |  |
Shares outstanding at the end of the period |  |  | 0 us-gaap_PreferredStockSharesOutstanding / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |  |  |  |  |  |
Series C Preferred Stock |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Number of shares held |  |  | 8,624 us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember | 8,624 us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |  |  |  |  |
Number of shares of common stock issued to each share of Series C preferred stock on conversion |  |  | 1,000 us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |  |  |  |  |  |
Changes in each class of the Company's Preferred Stock |  |  |  |  |  |  |  |  |
Impact of exchange transaction |  |  |  | 8,624 penn_PreferredStockImpactOfExchangeTransaction / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |  |  |  |  |
Shares outstanding at the end of the period |  |  | 8,624 us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember | 8,624 us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |  |  |  |  |
Series C Preferred Stock | Affiliate of Fortress Investment Group LLC |  |  |  |  |  |  |  |  |
Preferred equity investment |  |  |  |  |  |  |  |  |
Repurchase price of preferred stock (in dollars per share) |  |  | 67 penn_StockRepurchasedDuringPeriodValuePerShare / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |  |  |  |  |  |
Number of shares held |  |  | 8,624 us-gaap_PreferredStockSharesOutstanding / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |  |  |  |  |  |
Changes in each class of the Company's Preferred Stock |  |  |  |  |  |  |  |  |
Shares outstanding at the end of the period |  |  | 8,624 us-gaap_PreferredStockSharesOutstanding / dei_LegalEntityAxis = penn_AffiliateOfFortressInvestmentGroupLLCMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |  |  |  |  |  |

X
- Details
Name: | penn_ChangesInEachClassOfOutstandingPreferredStockRollForward
Namespace Prefix: | penn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the amount paid under exchange and repurchase transactions. + References No definition available. + Details
Name: | penn_ExchangeAgreementAmountPaid
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the number of shares of preferred stock provided with the right to exchange. + References No definition available. + Details
Name: | penn_ExchangeAgreementRightToExchangeNumberOfShares
Namespace Prefix: | penn_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the consideration per that the shareholders would have received under the merger agreement before it was terminated. + References No definition available. + Details
Name: | penn_MergerAgreementConsiderationPerShareBeforeTermination
Namespace Prefix: | penn_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the non-refundable cash termination fee from the termination of merger agreement. + References No definition available. + Details
Name: | penn_MergerAgreementTerminationNonrefundableCashTerminationFee
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the investment in preferred equity from the termination of merger agreement. + References No definition available. + Details
Name: | penn_MergerAgreementTerminationPreferredEquityInvestment
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the total consideration from the termination of merger agreement. + References No definition available. + Details
Name: | penn_MergerAgreementTerminationTotalConsideration
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | penn_PreferredEquityInvestmentAbstract
Namespace Prefix: | penn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the impact of exchange transaction on the outstanding preferred stock of the entity. + References No definition available. + Details
Name: | penn_PreferredStockImpactOfExchangeTransaction
Namespace Prefix: | penn_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the changes in outstanding preferred stock during the period. + References No definition available. + Details
Name: | penn_PreferredStockSharesOutstandingChanges
Namespace Prefix: | penn_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the price per share of preferred stock repurchased during the period. + References No definition available. + Details
Name: | penn_StockRepurchasedDuringPeriodValuePerShare
Namespace Prefix: | penn_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of shares issued for each share of convertible preferred stock that is converted. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 + Details
Name: | us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByParent
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 + Details
Name: | us-gaap_PreferredStockRedemptionPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 + Details
Name: | us-gaap_PreferredStockSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of new stock issued during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
Name: | us-gaap_StockRepurchasedDuringPeriodShares
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 + Details
Name: | us-gaap_StockRepurchasedDuringPeriodValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. + References No definition available. + Details
Name: | us-gaap_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=penn_AffiliatesOfFortressCenterbridgeAndWFInvestmentHoldingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesBPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesCPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |