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Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Other Intangible Assets

Reconciliation of goodwill and accumulated goodwill impairment losses

A reconciliation of goodwill and accumulated goodwill impairment losses is as follows (in thousands):

		As Restated
Balance at December 31, 2012:
Goodwill		$	2,214,546
Accumulated goodwill impairment losses			(833,857	)
​	​	​	​	​
Goodwill, net		$	1,380,689
​	​	​	​	​
Goodwill impairment losses			(348,887	)
Contribution of Hollywood Casino Baton Rouge to GLPI			(75,521	)
Other			(4,328	)
​	​	​	​	​
Balance at December 31, 2013:
Goodwill		$	2,134,697
Accumulated goodwill impairment losses			(1,182,744	)
​	​	​	​	​
Goodwill, net		$	951,953
​	​	​	​	​
Goodwill acquired			3,052
Goodwill impairment losses			(80,821	)
​	​	​	​	​
Balance at December 31, 2014:
Goodwill		$	2,137,749
Accumulated goodwill impairment losses			(1,263,565	)
​	​	​	​	​
Goodwill, net		$	874,184
​	​	​	​	​
​	​	​	​	​

Schedule of gross carrying value, accumulated amortization, and net book value of each major class of other intangible assets

December 31, 2014

December 31, 2013

(as restated)

(as restated)

(in thousands)

Gross Carrying Value

Accumulated Amortization

Net Book Value

Gross Carrying Value

Accumulated Amortization

Net Book Value

Indefinite-life intangible assets

$

418,991

$

—

$

418,991

$

223,834

$

—

$

223,834

Argosy Casino Sioux City gaming license

20,949

20,949

—

20,949

12,569

8,380

Other intangible assets

56,126

55,664

462

55,665

53,621

2,044

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Total

$

496,066

$

76,613

$

419,453

$

300,448

$

66,190

$

234,258

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Schedule of expected intangible asset amortization expense

        The following table presents expected intangible asset amortization expense based on existing intangible assets at December 31, 2014 (in thousands):

2015		$	—
2016			33
2017			66
2018			66
2019			66
Thereafter			231
​	​	​	​	​
Total		$	462
​	​	​	​	​
​	​	​	​	​

Schedule of remaining goodwill and other intangible assets by reporting unit

        The Company's remaining goodwill and other intangible assets by reporting unit at December 31, 2014 is shown below (in thousands):

Reporting Unit		Goodwill			Other Intangible Assets
		(as restated)			(as restated)
Hollywood Casino St. Louis		$	205,783		$	58,418
Hollywood Casino Aurora			207,207			—
Argosy Casino Riverside			154,332			4,964
Zia Park Casino			142,359			—
Hollywood Gaming at Dayton Raceway			15,339			125,000
Hollywood Gaming at Mahoning Valley Race Course			—			125,000
Hollywood Casino at Penn National Race Course			1,497			67,607
Hollywood Casino Lawrenceburg			63,189			—
Hollywood Casino Tunica			44,042			—
Plainridge Park Casino			3,052			25,297
Boomtown Biloxi			22,365			—
Argosy Casino Alton			9,863			8,285
Hollywood Casino Joliet			—			3,724
Others			5,156			1,158
​	​	​	​	​	​	​	​
Total		$	874,184		$	419,453
​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
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