Acquisition of Palms Casino Resort (Tables)

12 Months Ended

Dec. 31, 2016

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following condensed balance sheet presents the preliminary estimated fair values of the assets acquired and liabilities assumed (amounts in thousands):

	As of October 1, 2016
Cash and cash equivalents	$	10,506
Restricted cash	2,152
Receivables, net	5,725
Inventories	1,614
Prepaid expenses and other assets	3,490
Property and equipment	302,011
Intangible assets, net	15,875
Liabilities assumed	(24,980		)
Total identifiable net assets	$	316,393

Property and Equipment acquired as part of business combination [Table Text Block]

The following table summarizes the acquired property and equipment (amounts in thousands):

	As recorded at fair value
Land	$	35,033
Buildings and improvements	253,192
Furniture, fixtures and equipment	13,786
Total property and equipment acquired	$	302,011

Schedule of Indefinite-lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table summarizes the acquired intangible assets (amounts in thousands):

	Estimated useful life (years)	As recorded at fair value
Condominium rental contracts	20	$	9,000
Palms Resort trademark rights	15	6,000
Reservation backlog	2	2,000
Customer relationships	15	800
Below market leases, net	2 - 15	(1,925		)
Total intangible assets acquired		$	15,875