Segment Information (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of information with respect to the Company's segments

The following tables (in thousands) present certain information with respect to the Company’s segments.

Three months ended March 31, 2016	East/Midwest			West		Southern Plains			Other (1)			Total
Income (loss) from operations	$	111,140		$	13,833	$	60,158		$	(44,600	)	$	140,531
Charge for stock compensation	—			—		—			1,455			1,455
Depreciation and amortization	24,840			6,205		10,281			24,694			66,020
Plainridge contingent purchase price	(1,201		)	—		—			—			(1,201		)
Loss (gain) on disposal of assets	19			17		(33		)	(1,104		)	(1,101		)
Income from unconsolidated affiliates	—			—		4,718			(109		)	4,609
Non-operating items for Kansas JV	—			—		2,570			—			2,570

Adjusted EBITDA	$	134,798		$	20,055	$	77,694		$	(19,664	)	$	212,883

Three months ended March 31, 2015	East/Midwest			West		Southern Plains		Other (1)			Total
Income (loss) from operations	$	90,863		$	15,526	$	55,385	$	(50,085	)	$	111,689
Charge for stock compensation	—			—		—		2,084			2,084
Depreciation and amortization	25,385			2,172		10,782		25,030			63,369
Plainridge contingent purchase price	351			—		—		—			351
(Gain) loss on disposal of assets	(122		)	181		100		(6		)	153
Income from unconsolidated affiliates	—			—		3,788		194			3,982
Non-operating items for Kansas JV	—			—		2,751		—			2,751

Adjusted EBITDA	$	116,477		$	17,879	$	72,806	$	(22,783	)	$	184,379

	East/Midwest		West		Southern Plains		Other (1)		Total
Three months ended March 31, 2016
Net revenues	$	437,457	$	87,559	$	225,235	$	6,200	$	756,451
Capital expenditures	7,843		6,823		6,020		683		21,369

Three months ended March 31, 2015
Net revenues	$	386,544	$	62,585	$	210,269	$	4,740	$	664,138
Capital expenditures	38,574		2,851		6,448		916		48,789

Balance sheet at March 31, 2016
Total assets	1,000,352		893,898		1,081,411		2,153,027		5,128,688
Investment in and advances to unconsolidated affiliates	83		—		100,926		64,347		165,356
Goodwill and other intangible assets, net	387,474		158,339		752,954		4,324		1,303,091

Balance sheet at December 31, 2015
Total assets	1,036,940		842,712		1,098,306		2,160,794		5,138,752
Investment in and advances to unconsolidated affiliates	84		—		103,608		64,457		168,149
Goodwill and other intangible assets, net	387,474		158,339		753,345		4,226		1,303,384

(1)

Includes depreciation expense associated with the real property assets under the Master Lease with GLPI. In addition, total assets include these assets. The interest expense associated with the financing obligation is reflected in the other category. Net revenues and income (loss) from unconsolidated affiliates relate to the Company’s stand-alone racing operations, namely Rosecroft Raceway, Sanford Orlando Kennel Club and the Company’s Texas and New Jersey joint ventures which do not have gaming operations.