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v3.21.1

Investments in and Advances to Unconsolidated Affiliates (Details) $ / shares in Units, $ in Millions |  | 1 Months Ended | 3 Months Ended |  |
--- | --- | --- | --- | --- | ---
Feb. 20, 2020 $ / shares shares | Feb. 29, 2020 USD ($) option $ / shares | Mar. 31, 2021 USD ($) $ / shares shares | Mar. 31, 2020 USD ($) | Mar. 15, 2021 | Dec. 31, 2020 USD ($) $ / shares
Schedule of Equity Method Investments [Line Items] |  |  |  |  |  |
Common stock, par value (in dollars per share) | $ / shares |  |  | $ 0.01 |  |  | $ 0.01
Investment purchase price, cash |  |  | $ 0.0 | $ 135.0 |  |
Investment purchase price, equity |  |  |  | 23.1 |  |
Common stock offerings ( in shares) | shares |  |  | 151,200 |  |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  | $ 0.01 |  |  |
Return on investment from unconsolidated affiliates |  |  | $ 5.5 | 8.7 |  |
Sam Houston Race Park and Valley Race Park | PM Texas Holdings, LLC |  |  |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |  |  |
Business acquisition, percentage of voting interests acquired |  |  |  |  | 50.00% |
Series D Preferred Stock |  |  |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |  |  |
Common stock offerings ( in shares) | shares | 883 |  | 43 |  |  |
Preferred stock, par value (in dollars per share) | $ / shares | $ 0.01 |  | $ 0.01 |  |  | $ 0.01
Preferred stock, conversion ratio | 0.001 |  |  |  |  |
Preferred stock, conversion period | 4 years |  |  |  |  |
Preferred stock, percent to convert in each tranche | 20.00% |  |  |  |  |
Convertible preferred stock, shares issued upon conversion (in shares) | shares |  |  | 26 |  |  |
Barstool Sports, Inc |  |  |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |  |  |
Ownership interest |  |  | 36.00% |  |  |
Investment acquired, percent |  | 36.00% |  |  |  |
Investment acquired, percent, delayed basis |  | 1.00% | 1.00% |  |  |
Common stock, par value (in dollars per share) | $ / shares |  | $ 0.0001 | $ 0.0001 |  |  |
Investment purchase price |  | $ 161.2 |  |  |  |
Investment purchase price, cash |  | 135.0 |  |  |  |
Investment purchase price, equity |  | $ 23.1 |  |  |  |
Investment acquired, period after which ownership will increase |  | 3 years |  |  |  |
Investment acquired, ownership percentage following additional investment |  | 50.00% |  |  |  |
Investment acquired, expected additional investment |  | $ 62.0 |  |  |  |
Investment acquired, valuation of acquiree total common stock outstanding at time of acquisition |  | $ 450.0 |  |  |  |
Investment acquired, period after which remaining shares of investment are callable |  | 3 years |  |  |  |
Investment acquired, fair market value at time of exercise, cap |  | $ 650.0 |  |  |  |
Investment acquired, multiplier of revenue to calculate floor at time of exercise |  | 2.25 |  |  |  |
Equity Method Investment, Ownership Percentage Acquired |  |  | 0.30% |  |  |
Commercial agreement term |  | 10 years |  |  |  |
Commercial agreement number of renewals | option |  | 3 |  |  |  |
Commercial agreement renewal term |  | 10 years |  |  |  |
Commercial agreement term with exercise of renewals |  | 40 years |  |  |  |
Customer list intangible asset |  |  | $ 1.4 |  |  | $ 1.6
Prepaid advertising |  |  | 16.3 |  |  | 16.5
Prepaid advertising, long-term |  |  | 15.2 |  |  | 15.4
Investment balance |  |  | $ 154.6 |  |  | 147.5
Kansas Entertainment |  |  |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |  |  |
Ownership interest |  |  | 50.00% |  |  |
Investment balance |  |  | $ 85.9 |  |  | $ 85.2
Return on investment from unconsolidated affiliates |  |  | $ 5.5 | 8.7 |  |
Freehold Raceway |  |  |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |  |  |
Ownership interest |  |  | 50.00% |  |  |
MAXXAM |  |  |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |  |  |
Ownership interest |  |  | 50.00% |  |  |
Other-than-temporary impairment of investment |  |  | $ 0.0 | $ 4.6 |  |

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