PURCHASE ACCOUNTING IN CONNECTION WITH THE MERGER (Tables)

9 Months Ended

Sep. 30, 2012

Purchase Accounting of Merger

Purchase of Great Wolf Resorts, Inc. common equity	$	262,773
Less: Historical book value of Great Wolf Resorts, Inc. net assets acquired		105,414
Excess of purchase price over historical book value of net assets acquired	$	157,359
Allocated to:
Goodwill	$	97,497
Property, plant and equipment		74,776
Intangible assets		24,231
Investments in and advances to affiliates		219
Other assets		(9,801	)
Debt		(19,502	)
Non-controlling interest		(4,932	)
Deferred tax liabilities		(5,129	)
Total Adjustments	$	157,359

Pro Forma Merger Related Financing

The following table presents the unaudited pro forma results as if the Merger had occurred as of January 1, 2011:

	Three months ended September 30,				Nine months ended September 30,
	2012		2011		2012			2011
Revenues	$	87,361	$	83,551	$	243,317		$	231,161
Net income (loss) from continuing operations		3,756		5,664		(22,997	)		(3,361	)
Net income (loss) attributable to Great Wolf Resorts, Inc.		3,772		5,541		(2,143	)		3,357