Assets Held for Sale (Tables)

9 Months Ended

Sep. 30, 2019

Mountaineer, Cape Girardeau, Caruthersville, Kansas City and Vicksburg

Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]

Schedule of Assets and Liabilities Held for Sale, Accounted Carrying Value Lower than Fair Value and Information of Net Operating Revenues and Net Income (Loss)

The assets and liabilities held for sale, accounted for at carrying value as it was lower than fair value, were as follows as of September 30, 2019 (in thousands):

	September 30, 2019
	Mountaineer		Cape Girardeau		Caruthersville		Kansas City		Vicksburg		Total
Assets:
Accounts receivable, net	$	3,122	$	327	$	159	$	240	$	72	$	3,920
Due from affiliates		106		—		—		—		—		106
Inventories		1,058		716		233		46		131		2,184
Right-of-use assets		341		148		7		41,389		—		41,885
Prepaid expenses and other		14,583		294		148		273		4,210		19,508
Property and equipment, net		66,284		77,007		15,323		38,724		31,287		228,625
Goodwill		3,854		18,790		18,276		39,623		8,806		89,349
Other intangibles, net		44,400		27,788		55,145		90,329		2,708		220,370
Assets held for sale	$	133,748	$	125,070	$	89,291	$	210,624	$	47,214	$	605,947
Liabilities:
Accounts payable	$	409	$	495	$	252	$	206	$	169	$	1,531
Accrued payroll and related		1,131		531		250		435		234		2,581
Accrued property and other taxes		1,137		952		299		484		753		3,625
Short-term lease obligation		171		54		6		3,057		—		3,288
Long-term lease obligation		170		94		1		38,332		—		38,597
Accrued other liabilities		2,917		1,269		567		1,392		291		6,436
Liabilities related to assets held for sale	$	5,935	$	3,395	$	1,375	$	43,906	$	1,447	$	56,058

The following information presents the net operating revenues and net income for the Company’s properties that are held for sale (in thousands):

	Three Months ended September 30, 2019
	Mountaineer		Cape Girardeau		Caruthersville		Kansas City		Vicksburg
Net operating revenues	$	32,658	$	14,097	$	8,821	$	15,278	$	5,006
Net income (loss)		3,205		2,165		1,317		2,672		(401	)
	Nine Months ended September 30, 2019
	Mountaineer		Cape Girardeau		Caruthersville		Kansas City		Vicksburg
Net operating revenues	$	95,530	$	43,839	$	26,399	$	47,677	$	15,573
Net income (loss)		7,242		5,857		5,004		7,701		(1,195	)

Nemacolin and Presque Isle Downs

Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]

Schedule of Assets and Liabilities Held for Sale, Accounted Carrying Value Lower than Fair Value and Information of Net Operating Revenues and Net Income (Loss)

The assets and liabilities held for sale, accounted for at carrying value as it was lower than fair value, were as follows as of December 31, 2018 (in thousands):

	December 31, 2018
	Nemacolin		Presque Isle Downs		Total
Assets:
Accounts receivable, net	$	272	$	2,208	$	2,480
Inventories		79		1,607		1,686
Prepaid expenses and other		370		773		1,143
Property and equipment, net		1,784		70,134		71,918
Goodwill		—		3,122		3,122
Other intangibles, net		—		75,422		75,422
Assets held for sale	$	2,505	$	153,266	$	155,771
Liabilities:
Accounts payable	$	147	$	683	$	830
Accrued payroll and related		838		596		1,434
Accrued property and other taxes		552		71		623
Accrued other liabilities		1,628		3,659		5,287
Other long-term liabilities		105		—		105
Long-term obligation		2,412		—		2,412
Liabilities related to assets held for sale	$	5,682	$	5,009	$	10,691

The following information presents the net operating revenues and net income (loss) of Presque Isle Downs and Nemacolin prior to the respective divestitures (in thousands):

	Three Months ended September 30, 2018							Nine Months ended September 30, 2018
	Presque Isle Downs			Nemacolin			Presque Isle Downs			Nemacolin
Net operating revenues	$	37,685		$	8,866		$		107,738	$	25,799
Net income (loss)		5,713			(2,745	)			11,909		(3,213	)
	Nine Months ended September 30, 2019
	Presque Isle Downs			Nemacolin
Net operating revenues	$	3,235		$	4,836
Net loss		(42	)		(754	)