Write-downs, reserves and recoveries, net

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



	For the three months ended June 30,				For the six months ended June 30,
	2011		2010		2011		2010
	(in millions)
Impairment of assets	$	—	$	0.5	$	0.1	$	0.5
Loss on disposal of assets	5.9		1.2		6.1		1.6
Legal settlement expense (recoveries)	—		—		0.4		(6.5		)
Write-downs, reserves and recoveries, net	$	5.9	$	1.7	$	6.6	$	(4.4	)

Loss on disposal of assets: In April 2011, we donated land with a book value of $5.7 million to the City of Lake Charles, Louisiana, and recognized a loss accordingly. The remainder of the balance for the three and six months ended June 30, 2011 relates to the disposal of various slot equipment and other equipment at our properties. During the six months ended June 30, 2010, we sold our corporate jet, two seaplanes, a warehouse and slot equipment at our properties for a net loss.

Legal settlement expense (recoveries): During March 2010, we received a $6.5 million legal settlement related to the recovery of legal fees.