XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Related Party Transactions | 6 Months Ended
--- | ---
Jun. 30, 2018
Related Party Transactions [Abstract] |
Related Party Transactions | Note 13 – Related Party Transactions As of June 30, 2018, the Company leased its office headquarters building from a company 33% beneficially owned by Blake L. Sartini, 5% owned by a trust for the benefit of Mr. Sartini’s immediate family members (including Blake L. Sartini, II) for which Mr. Sartini serves as trustee, and 3% beneficially owned by Stephen A. Arcana. The rent expense for the office headquarters building was $0.3 million during each of the three months ended June 30, 2018 and 2017, and $0.8 million and $0.6 million during the six months ended June 30, 2018 and 2017, respectively. There were no amounts and $0.1 million owed by the Company with respect to such lease as of June 30, 2018 and December 31, 2017, respectively. Additionally, a portion of the office headquarters building was sublet to a company owned or controlled by Mr. Sartini. There was less than $0.1 million of rental income under such sublease for each of the three and six months ended June 30, 2018. There was no rental income and less than $0.1 million of rental income under such sublease for the three and six months ended June 30, 2017, respectively. No amounts were owed to the Company under such sublease at June 30, 2018 or December 31, 2017. Mr. Sartini serves as the Chairman of the Board, President and Chief Executive Officer of the Company and is co-trustee of the Sartini Trust, which is a significant shareholder of the Company. Mr. Arcana serves as the Executive Vice President and Chief Operating Officer of the Company. As of June 30, 2018, the Company leased one tavern location from a trust controlled by Mr. Sartini through a trust for the benefit of Mr. Sartini’s immediate family members (including Blake L. Sartini, II) for which Mr. Sartini serves as trustee. In addition, a second tavern location that the Company had previously leased from related parties was sold in January 2018 to an unrelated third party. The rent expense for tavern locations leased from related parties (including sold tavern locations for the periods in which the leases were with related parties) was $0.2 million and $0.3 million during the three months ended June 30, 2018 and 2017, respectively, and $0.3 million and $0.5 million during the six months ended June 30, 2018 and 2017, respectively. There were no amounts owed by the Company with respect to such leases as of June 30, 2018 and December 31, 2017. During each of the three months ended June 30, 2018 and 2017, the Company paid less than $0.1 million under aircraft time-sharing, co-user and cost-sharing agreements between the Company and Sartini Enterprises, Inc. a company controlled by Mr. Sartini. During each of the six months ended June 30, 2018 and 2017, the Company paid less than $0.1 million under aircraft time-sharing, co-user and cost-sharing agreements. There were no amounts owed by the Company under the aircraft time-sharing, co-user and cost-sharing agreements as of June 30, 2018 and there was less than $0.1 million owed by the Company as of December 31, 2017. During the three months ended June 30, 2018 and 2017, the Company recorded revenues of $0.3 million in each period and the Company recorded gaming expenses of $0.2 million and $0.3 million, respectively, related to the use of the Company’s slots at a distributed gaming location owned in part by Sean T. Higgins, who serves as the Company’s Executive Vice President of Compliance and Governmental Affairs and Chief Legal Officer. During each of the six months ended June 30, 2018 and 2017, the Company recorded revenues of $0.5 million and the Company recorded gaming expenses of $0.5 million, related to the use of the Company’s slots at a distributed gaming location owned in part by Mr. Higgins. De minimis amounts were owed to the Company and were due and payable by the Company related to this arrangement as of June 30, 2018 and December 31, 2017. During each of the three months ended June 30, 2018 and 2017, the Company recorded selling, general and administrative (“SG&A”) expenses of less than $0.1 million related to a three-year consulting agreement between the Company and Lyle A. Berman, who serves on the Board of Directors of the Company. During each of the six months ended June 30, 2018 and 2017, the Company recorded $0.1 million of SG&A expenses related to Lyle A Berman consulting agreement. Less than $0.1 million was due and payable by the Company as of June 30, 2018 and December 31, 2017 related to this agreement. The consulting agreement expired on July 31, 2018.

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

X
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration