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GOODWILL AND INTANGIBLES | 12 Months Ended
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Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLES | GOODWILL AND INTANGIBLES Goodwill: The following tables set forth changes in the carrying value of goodwill by segment (in thousands):
| December 31, 2017
| Gross Carrying Value |  | Additions |  | Accumulated Impairments |  | Balance at End of the Year
Silver Slipper Casino and Hotel | $ | 14,671 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,671 |
Bronco Billy's Casino and Hotel | 4,806 |  |  | — |  |  | — |  |  | 4,806 |
Rising Star Casino Resort | 1,647 |  |  | — |  |  | (1,647 | ) |  | — |
Northern Nevada | 5,809 |  |  | — |  |  | (4,000 | ) |  | 1,809 |
Goodwill, net of accumulated impairment losses | $ | 26,933 |  |  | $ | — |  |  | $ | (5,647 | ) |  | $ | 21,286 |
| December 31, 2016
| Gross Carrying Value |  | Additions |  | Accumulated Impairments |  | Balance at End of the Year
Silver Slipper Casino and Hotel | $ | 14,671 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,671 |
Bronco Billy's Casino and Hotel | — |  |  | 4,806 |  |  | — |  |  | 4,806 |
Rising Star Casino Resort | 1,647 |  |  | — |  |  | (1,647 | ) |  | — |
Northern Nevada | 5,809 |  |  | — |  |  | (4,000 | ) |  | 1,809 |
Goodwill, net of accumulated impairment losses | $ | 22,127 |  |  | $ | 4,806 |  |  | $ | (5,647 | ) |  | $ | 21,286 |
Intangible Assets: The following tables set forth changes in the carrying value of intangible assets (in thousands):
| December 31, 2017
| Estimated Life (Years) |  | Gross Carrying Value |  | Accumulated Amortization |  | Accumulated Impairments, Net |  | Intangible Assets, Net
Customer Loyalty Programs | 3 |  | $ | 7,600 |  |  | $ | (7,600 | ) |  | $ | — |  |  | $ | — |
Land Lease and Water Rights | 46 |  | 1,420 |  |  | (163 | ) |  | — |  |  | 1,257 |
Gaming Licenses | Indefinite |  | 17,981 |  |  | — |  |  | (10,203 | ) |  | 7,778 |
Trade Names | Indefinite |  | 1,800 |  |  | — |  |  | — |  |  | 1,800 |
Trademarks | Indefinite |  | 101 |  |  | — |  |  | — |  |  | 101 |
|  |  | $ | 28,902 |  |  | $ | (7,763 | ) |  | $ | (10,203 | ) |  | $ | 10,936 |
| December 31, 2016
| Estimated Life (Years) |  | Gross Carrying Value |  | Accumulated Amortization |  | Accumulated Impairments, Net |  | Intangible Assets, Net
Customer Loyalty Programs | 3 |  | $ | 7,600 |  |  | $ | (7,600 | ) |  | $ | — |  |  | $ | — |
Land Lease and Water Rights | 46 |  | 1,420 |  |  | (132 | ) |  | — |  |  | 1,288 |
Gaming Licenses | Indefinite |  | 17,981 |  |  | — |  |  | (10,203 | ) |  | 7,778 |
Trade Names | Indefinite |  | 1,800 |  |  | — |  |  | — |  |  | 1,800 |
Trademarks | Indefinite |  | 100 |  |  | — |  |  | — |  |  | 100 |
|  |  | $ | 28,901 |  |  | $ | (7,732 | ) |  | $ | (10,203 | ) |  | $ | 10,966 |
There were no impairments to goodwill or intangible assets for the years ended December 31, 2017 and 2016. Customer Loyalty Programs. Customer loyalty programs represent the value of repeat business associated with our loyalty programs. The values of $5.9 million for Silver Slipper and $1.7 million for Rising Star's customer loyalty programs, respectively, were determined using a multi-period excess earning method of the income approach, which examines the economic returns contributed by the identified tangible and intangible assets of a company, and then isolates the excess return, which is attributable to the asset being valued, based on cash flows attributable to the customer loyalty program. Land Lease Acquisition Costs and Water Rights. Silver Slipper recognized intangible assets related to its lease agreement with Cure Land Company, LLC (see Note 10). The lease was valued at $1 million and represents the excess fair value of the land over the estimated net present value of the land lease payments, and the water rights value of $0.4 million represented the fair value of the water rights based upon market rates in Hancock County, Mississippi. Gaming Licenses. Gaming licenses represent the value of the license to conduct gaming in certain jurisdictions, which are subject to highly extensive regulatory oversight and, in some cases, a limitation on the number of licenses available for issuance. The values of gaming licenses were primarily estimated using a multi-period excess earning method of the income approach, which examines the economic returns contributed by the identified tangible and intangible assets of a company, and then isolates the excess return, which is attributable to the asset being valued, based on cash flows attributable to the gaming license. Trade Names. Trade names represents the value of the Bronco Billy's casino name which has existed for approximately 25 years and provides brand recognition. The value was estimated using a multi-period excess earning method of the income approach based upon comparable trade name royalty agreements. Current and Future Amortization. Intangible asset amortization expense was $31,000 for each of the years ended December 31, 2017 and December 31, 2016, respectively. Total amortization expense for intangible assets is expected to be $31,000 for each of the years ending 2018 through 2022 and $1.1 million thereafter.

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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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