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Goodwill
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Disclosure [Text Block]
GOODWILL
Goodwill of the Company at December 31, 2013 and 2012 is comprised of the following (in thousands):
 
Racing
Operations
 
Gaming
 
Online
Business
 
Other
Investments
 
Total
Balance as of December 31, 2011
$
50,400

 
$
34,689

 
$
127,364

 
$
1,259

 
$
213,712

Reclassifications
1,259

 

 

 
(1,259
)
 

Additions

 
32,768

 

 
3,934

 
36,702

Balance as of December 31, 2012
51,659


67,457


127,364


3,934

 
250,414

Additions

 
50,202

 

 

 
50,202

Balance as of December 31, 2013
$
51,659

 
$
117,659

 
$
127,364

 
$
3,934

 
$
300,616


During the year ended December 31, 2013, the Company established goodwill of $50.2 million related to the acquisition of Oxford on July 17, 2013.
During the year ended December 31, 2012, the Company reclassified goodwill between Other Investments and Racing Operations related to CDSP, one of its other investments, which was merged into Racing Operations during 2012. In addition, the Company established goodwill of $32.8 million and $3.9 million related to the Riverwalk and Bluff acquisitions, respectively.
The Company performed its annual goodwill impairment analysis for the year ended December 31, 2013 in accordance with ASU No. 2011-08, Intangibles-Goodwill and Other: Testing Goodwill for Impairment. This analysis included an assessment of qualitative factors to determine whether it is more likely than not that the fair value of the reporting units is less than their carrying amounts. The impairment analysis included an assessment of certain qualitative factors including but not limited to macroeconomic, industry and market conditions; cost factors that have a negative effect on earnings; overall financial performance; the movement of the Company's share price; and other relevant entity and reporting unit specific events. This assessment included the determination of the likely effect of each factor on the fair value of each reporting unit. Although the Company believes the factors considered in the impairment analysis are reasonable, significant changes in any of the assumptions could produce a significantly different result. Based on the annual goodwill impairment analysis for the years ended December 31, 2013 and 2012, the Company concluded that goodwill had not been impaired.