XML 93 R79.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value Measurements (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Total Reduction in Fair Value Recorded during the year        
Pre-tax other intangible asset impairment charge $ 40,000   $ 40,000 $ 74,500
Rocket Speed and Plainridge Racecourse | General and administrative expenses        
Fair value of assets and liabilities        
Change in fair value in long term obligation, credit (charge) to general and administrative expense   $ (1,300) 5,400 (700)
Plainridge Racecourse | General and administrative expenses        
Fair value of assets and liabilities        
Change in fair value in long term obligation, credit (charge) to general and administrative expense   $ 1,300 5,400 (700)
Hollywood Gaming at Dayton Raceway And Mahoning Valley Race Course        
Fair value of assets and liabilities        
Discount Rate   5.00%    
Contingent Purchase Price        
Financial liabilities:        
Balance at beginning of the period   $ 13,815 19,189  
Total (gains) (realized or unrealized):        
Additions   34,945    
Payments   (1,793)    
Included in earnings   1,277 (5,374)  
Balance at end of the period 13,815 $ 48,244 13,815 $ 19,189
Contingent Purchase Price | Discounted Cash Flow | Plainridge Racecourse        
Fair value of assets and liabilities        
Discount Rate   8.30%    
Contingent Purchase Price | Option Pricing Method | Rocket Speed        
Fair value of assets and liabilities        
Discount Rate   11.50%    
Volatility rate   87.32%    
Level 1        
Financial assets:        
Cash and cash equivalents 237,009 $ 229,510 237,009  
Level 3        
Financial assets:        
Advances to Jamul Tribe 197,722 98,000 197,722  
Financial liabilities:        
Long-term debt 13,815 48,244 13,815  
Senior Secured Credit Facility | Level 1        
Financial liabilities:        
Long-term debt 829,975 785,092 829,975  
Senior Secured Credit Facility | Level 2        
Financial liabilities:        
Long-term debt 422,000 191,000 422,000  
Senior Unsecured Notes | Level 1        
Financial liabilities:        
Long-term debt 291,000 312,000 291,000  
Other long-term obligations | Level 2        
Financial liabilities:        
Long-term debt 147,358 152,132 147,358  
Nonrecurring        
Total Reduction in Fair Value Recorded during the year        
Intangible assets impairment losses     (40,042)  
Nonrecurring | Level 3        
Assets measured as fair value on a non-recurring basis        
Intangible assets 110,436   110,436  
Reported Value Measurement        
Financial assets:        
Cash and cash equivalents 237,009 229,510 237,009  
Advances to Jamul Tribe 197,722 92,100 197,722  
Financial liabilities:        
Long-term debt 13,815 48,244 13,815  
Reported Value Measurement | Senior Secured Credit Facility        
Financial liabilities:        
Long-term debt 1,239,049 962,703 1,239,049  
Reported Value Measurement | Senior Unsecured Notes        
Financial liabilities:        
Long-term debt 296,252 296,895 296,252  
Reported Value Measurement | Other long-term obligations        
Financial liabilities:        
Long-term debt 146,992 154,084 146,992  
Fair Value        
Financial assets:        
Cash and cash equivalents 237,009 229,510 237,009  
Advances to Jamul Tribe 197,722 98,000 197,722  
Financial liabilities:        
Long-term debt 13,815 48,244 13,815  
Fair Value | Senior Secured Credit Facility        
Financial liabilities:        
Long-term debt 1,251,975 976,092 1,251,975  
Fair Value | Senior Unsecured Notes        
Financial liabilities:        
Long-term debt 291,000 312,000 291,000  
Fair Value | Other long-term obligations        
Financial liabilities:        
Long-term debt 147,358 $ 152,132 147,358  
Fair Value | Nonrecurring        
Assets measured as fair value on a non-recurring basis        
Intangible assets $ 110,436   $ 110,436