XML 56 R43.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Fair Value Measurements (Details) $ in Thousands | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2018 USD ($) item | Sep. 30, 2017 USD ($) | Sep. 30, 2018 USD ($) item | Sep. 30, 2017 USD ($) | Dec. 31, 2017 USD ($)
Fair value of assets and liabilities |  |  |  |  |
Change in fair value of contingent purchase price | $ 407 | $ (20,716) | $ 1,743 | $ (16,794) |
Loans to JIVDC | Discount Rate |  |  |  |  |
Fair value of assets and liabilities |  |  |  |  |
Discount rate (as a percent) - financing receivable |  |  |  |  | 14
Level 1 |  |  |  |  |
Fair value of assets and liabilities |  |  |  |  |
Cash and cash equivalents | 244,548 |  | 244,548 |  | $ 277,953
Level 3 |  |  |  |  |
Fair value of assets and liabilities |  |  |  |  |
Loans to JIVDC |  |  |  |  | 16,533
Financial liabilities: |  |  |  |  |
Other liabilities | 20,353 |  | 20,353 |  | 22,696
Level 3 | Contingent Purchase Price |  |  |  |  |
Financial liabilities: |  |  |  |  |
Balance at beginning of the period |  |  | 22,696 |  |
Payments |  |  | (4,086) |  |
Included in earnings |  |  | 1,743 |  |
Balance at end of the period | $ 20,353 |  | $ 20,353 |  |
Level 3 | Contingent Purchase Price | Discounted Cash Flow | Plainridge Racecourse |  |  |  |  |
Fair value of assets and liabilities |  |  |  |  |
Discount rate (as a percent) - contingent liability | item | 7.34 |  | 7.34 |  |
Discount rate | us-gaap:MeasurementInputDiscountRateMember |  | us-gaap:MeasurementInputDiscountRateMember |  |
Senior Secured Credit Facility | Level 1 |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | $ 570,731 |  | $ 570,731 |  | 760,456
Senior Unsecured Notes | Level 1 |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | 386,000 |  | 386,000 |  | 412,000
Other long-term obligations | Level 2 |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | 99,501 |  | 99,501 |  | 113,460
Reported Value Measurement |  |  |  |  |
Fair value of assets and liabilities |  |  |  |  |
Cash and cash equivalents | 244,548 |  | 244,548 |  | 277,953
Loans to JIVDC |  |  |  |  | 20,900
Financial liabilities: |  |  |  |  |
Other liabilities | 20,353 |  | 20,353 |  | 22,696
Reported Value Measurement | Senior Secured Credit Facility |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | 549,104 |  | 549,104 |  | 730,787
Reported Value Measurement | Senior Unsecured Notes |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | 399,312 |  | 399,312 |  | 399,249
Reported Value Measurement | Other long-term obligations |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | 104,524 |  | 104,524 |  | 119,310
Estimate of Fair Value Measurement |  |  |  |  |
Fair value of assets and liabilities |  |  |  |  |
Cash and cash equivalents | 244,548 |  | 244,548 |  | 277,953
Loans to JIVDC |  |  |  |  | 16,533
Financial liabilities: |  |  |  |  |
Other liabilities | 20,353 |  | 20,353 |  | 22,696
Estimate of Fair Value Measurement | Senior Secured Credit Facility |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | 570,731 |  | 570,731 |  | 760,456
Estimate of Fair Value Measurement | Senior Unsecured Notes |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | 386,000 |  | 386,000 |  | 412,000
Estimate of Fair Value Measurement | Other long-term obligations |  |  |  |  |
Financial liabilities: |  |  |  |  |
Long-term debt | $ 99,501 |  | $ 99,501 |  | $ 113,460

X
- Definition Amount of payments of liabilities measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References No definition available. + Details
Name: | penn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPayments
Namespace Prefix: | penn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Value of input used to measure financing receivables. + References No definition available. + Details
Name: | penn_FinancingReceivablesMeasurementInput
Namespace Prefix: | penn_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 4 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479 + Details
Name: | us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Value of input used to measure contingent consideration liability from business combination. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Indicates measurement input for business combination contingent consideration liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInputExtensibleList
Namespace Prefix: | us-gaap_
Data Type: | srt-types:extensibleListItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13433-108611 + Details
Name: | us-gaap_DebtInstrumentFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of gain (loss) recognized on the income statement for financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value portion of an agreement for an unconditional promise by the maker to pay the holder a definite sum of money at a future date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_NotesReceivableFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of liabilities classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_OtherLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_LoansReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByLiabilityClassAxis=us-gaap_LiabilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=us-gaap_IncomeApproachValuationTechniqueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=penn_PlainridgeRacecourseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=penn_SeniorSecuredCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=penn_SeniorUnsecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=penn_OtherLongTermObligationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |