Write-downs, Reserves and Recoveries, Net

3 Months Ended

Mar. 31, 2016

Write Downs Reserves And Recoveries Net Abstract

Write Downs, Reserves and Recoveries Net

Write-downs, Reserves and Recoveries, Net

Write-downs, reserves and recoveries, net consist of the following:

	For the three months ended March 31,
	2016		2015
	(in millions)
Loss on disposals of long-lived assets, net	$	2.7	$	0.4
Impairment of long-lived assets	0.2		2.7
Write-downs, reserves and recoveries, net	$	2.9	$	3.1

Loss on disposals of long-lived assets, net: During the three months ended March 31, 2016 and 2015, we recorded net losses related primarily to disposals of furniture, fixtures and equipment at our properties in the normal course of business.

Impairment of long-lived assets: During the three months ended March 31, 2016 and 2015, we recorded non-cash impairments on slot and other equipment at our properties. Additionally, during the three months ended March 31, 2015, we recorded a $2.6 million non-cash impairment of our land in Central City, Colorado to reduce the carrying amount of the asset to its estimated fair value less cost to sell.