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Goodwill and Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | Note 6 – Goodwill and Intangible Assets, Net The following table summarizes goodwill activity by reportable segment:
(In thousands) |  | Casinos |  |  | Distributed Gaming |  |  | Total Goodwill |
Balance, January 1, 2017 |  | $ | 7,796 |  |  | $ | 97,859 |  |  | $ | 105,655 |
Goodwill acquired during the year |  |  | 52,479 |  |  |  | — |  |  |  | 52,479 |
Balance, December 31, 2017 |  |  | 60,275 |  |  |  | 97,859 |  |  |  | 158,134 |
Goodwill acquired during the year |  |  | — |  |  |  | — |  |  |  | — |
Balance, December 31, 2018 |  | $ | 60,275 |  |  | $ | 97,859 |  |  | $ | 158,134 |
Intangible assets, net, consisted of the following:
|  | December 31, 2018 |
|  | Weighted- |  | Gross |  |  |  |  |  |  |  |  |
|  | Average Life |  | Carrying |  |  | Cumulative |  |  | Intangible |
(In thousands) |  | Remaining |  | Value |  |  | Amortization |  |  | Assets, Net |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | Indefinite |  | $ | 46,710 |  |  | $ | — |  |  | $ | 46,710 |
Gaming licenses |  | Indefinite |  |  | 960 |  |  |  | — |  |  |  | 960 |
Liquor licenses |  | Indefinite |  |  | 185 |  |  |  | — |  |  |  | 185 |
|  |  |  |  | 47,855 |  |  |  | - |  |  |  | 47,855 |
Amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 11.0 years |  |  | 80,654 |  |  |  | (18,282 | ) |  |  | 62,372 |
Player relationships |  | 3.2 years |  |  | 34,689 |  |  |  | (12,691 | ) |  |  | 21,998 |
Non-compete agreements |  | 2.1 years |  |  | 6,210 |  |  |  | (3,548 | ) |  |  | 2,662 |
Leasehold interest |  | 64.7 years |  |  | 3,110 |  |  |  | (223 | ) |  |  | 2,887 |
Gaming licenses |  | 9.3 years |  |  | 2,100 |  |  |  | (788 | ) |  |  | 1,312 |
In-place lease value |  | 2.3 years |  |  | 1,670 |  |  |  | (565 | ) |  |  | 1,105 |
Other |  | 7.2 years |  |  | 1,769 |  |  |  | (832 | ) |  |  | 937 |
|  |  |  |  | 130,202 |  |  |  | (36,929 | ) |  |  | 93,273 |
Balance, December 31, 2018 |  |  |  | $ | 178,057 |  |  | $ | (36,929 | ) |  | $ | 141,128 |
|  | December 31, 2017 |
|  | Weighted- |  | Gross |  |  |  |  |  |  |  |  |
|  | Average Life |  | Carrying |  |  | Cumulative |  |  | Intangible |
(In thousands) |  | Remaining |  | Value |  |  | Amortization |  |  | Assets, Net |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | Indefinite |  | $ | 46,710 |  |  | $ | — |  |  | $ | 46,710 |
Gaming licenses |  | Indefinite |  |  | 960 |  |  |  | — |  |  |  | 960 |
Liquor licenses |  | Indefinite |  |  | 185 |  |  |  | — |  |  |  | 185 |
|  |  |  |  | 47,855 |  |  |  | — |  |  |  | 47,855 |
Amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 12.1 years |  |  | 80,320 |  |  |  | (12,524 | ) |  |  | 67,796 |
Player relationships |  | 4.2 years |  |  | 34,150 |  |  |  | (3,045 | ) |  |  | 31,105 |
Non-compete agreements |  | 3.0 years |  |  | 6,000 |  |  |  | (2,395 | ) |  |  | 3,605 |
Leasehold interest |  | 65.7 years |  |  | 3,110 |  |  |  | (32 | ) |  |  | 3,078 |
Gaming licenses |  | 10.3 years |  |  | 2,100 |  |  |  | (648 | ) |  |  | 1,452 |
In-place lease value |  | 3.3 years |  |  | 1,670 |  |  |  | (81 | ) |  |  | 1,589 |
Other |  | 8.2 years |  |  | 1,769 |  |  |  | (557 | ) |  |  | 1,212 |
|  |  |  |  | 129,119 |  |  |  | (19,282 | ) |  |  | 109,837 |
Balance, December 31, 2017 |  |  |  | $ | 176,974 |  |  | $ | (19,282 | ) |  | $ | 157,692 |
The Rocky Gap gaming license is being amortized over its 15 year term. Total amortization expense related to intangible assets was $17.8 million, $9.5 million and $7.3 million for 2018, 2017, and 2016, respectively. Estimated future amortization expense related to intangible assets, is as follows:
(In thousands) |  | 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |  |  | 2023 |  |  | Thereafter |
Estimated amortization expense |  | $ | 17,880 |  |  | $ | 16,232 |  |  | $ | 7,166 |  |  | $ | 6,695 |  |  | $ | 6,583 |  |  | $ | 38,717 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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