Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

Segment Information

Schedule of operating data for reportable segments

	Three months ended				Six months ended
	June 30,				June 30,
	2016		2015		2016		2015
	(in thousands, unaudited)
Revenues and expenses
Nevada:
Net operating revenues	$	84,161	$	27,206	$	156,932	$	50,959
Expenses, excluding depreciation and corporate		(65,246)		(22,198)		(127,024)		(43,520)
(Loss) gain on sale or disposal of property		(214)		5		(180)		5
Equity in income of unconsolidated affiliate		—		1,106		—		588
Depreciation		(5,046)		(1,942)		(10,509)		(3,874)
Operating income—Nevada	$	13,655	$	4,177	$	19,219	$	4,158
Louisiana:
Net operating revenues	$	32,088	$	34,634	$	66,530	$	69,268
Expenses, excluding depreciation and amortization		(24,632)		(26,689)		(50,627)		(54,205)
Gain (loss) on sale or disposal of property		49		(1)		50		(1)
Depreciation and amortization		(1,964)		(1,888)		(3,910)		(3,807)
Operating income—Louisiana	$	5,541	$	6,056	$	12,043	$	11,255
Eastern:
Net operating revenues	$	115,066	$	120,793	$	221,419	$	229,857
Expenses, excluding depreciation, amortization and corporate		(90,953)		(93,611)		(174,927)		(180,910)
Loss on sale or disposal of property		(720)		(1)		(684)		—
Depreciation and amortization		(8,459)		(10,107)		(17,143)		(20,632)
Operating income—Eastern	$	14,934	$	17,074	$	28,665	$	28,315
Corporate:
Corporate expenses	$	(4,354)	$	(3,901)	$	(11,258)	$	(8,061)
Acquisition charges		(56)		(253)		(576)		(337)
Gain on sale or disposal of property		49		—		49		—
Depreciation and amortization		(114)		(94)		(225)		(187)
Operating loss—Corporate	$	(4,475)	$	(4,248)	$	(12,010)	$	(8,585)
Total Reportable Segments
Net operating revenues	$	231,315	$	182,633	$	444,881	$	350,084
Expenses, excluding depreciation and amortization		(185,185)		(146,399)		(363,836)		(286,696)
(Loss) gain on sale or disposal of property		(836)		3		(765)		4
Equity in income of unconsolidated affiliate		—		1,106		—		588
Acquisition charges		(56)		(253)		(576)		(337)
Depreciation and amortization		(15,583)		(14,031)		(31,787)		(28,500)
Operating income—Total Reportable Segments	$	29,655	$	23,059	$	47,917	$	35,143
Reconciliations to Consolidated Net Income (Loss):
Operating Income—Total Reportable Segments	$	29,655	$	23,059	$	47,917	$	35,143
Unallocated income and expenses:
Interest expense		(12,795)		(17,232)		(25,786)		(34,464)
Loss on early retirement of debt		(89)		—		(155)		—
Provision for income taxes		(5,980)		(1,032)		(7,816)		(2,048)
Net income (loss)	$	10,791	$	4,795	$	14,160	$	(1,369)

Schedule of capital expenditures for reportable segments

	Six Months Ended June 30,
	2016		2015
	(in thousands, unaudited)
Capital Expenditures
Nevada	$	5,717	$	2,851
Louisiana		2,664		1,470
Eastern (1)		11,683		13,047
Corporate		281		495
Total	$	20,345	$	17,863

Summary of eliminating and reclassification entries

	As of		As of
	June 30,		December 31,
	2016		2015
	(unaudited)
	(in thousands)
Total Assets
Nevada	$	358,936	$	376,760
Louisiana		128,946		135,403
Eastern		850,599		883,344
Corporate		413,981		495,202
Eliminating entries (1)		(477,777)		(565,701)
Total	$	1,274,685	$	1,325,008
(1)  Reflects the following eliminations for the periods indicated:
Intercompany receivables/payables, inclusive of allocated interest	$	320,059	$	406,325
Net investment in Silver Legacy/Circus Reno		88,619		88,314
Net investment in and advances to Silver Legacy		56,500		56,500
Net investment in and advances to Eldorado Shreveport		7,733		8,482
Net investment in MTR		5,000		5,000
Reclass deferred tax assets against deferred tax liabilities		(134)		1,080
	$	477,777	$	565,701