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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Other Intangible Assets

Goodwill and other intangible assets consisted of the following:  

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

Goodwill:

 

(In thousands)

 

Wholly owned domestic resorts

 

$

70,975

 

 

$

70,975

 

MGM China

 

 

1,359,792

 

 

 

2,826,135

 

 

 

$

1,430,767

 

 

$

2,897,110

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

Detroit development rights

 

$

98,098

 

 

$

98,098

 

Trademarks, license rights and other

 

 

229,022

 

 

 

232,123

 

Total indefinite-lived intangible assets

 

 

327,120

 

 

 

330,221

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

MGM Grand Paradise gaming subconcession

 

 

4,515,867

 

 

 

4,513,101

 

Less: Accumulated amortization

 

 

(858,531

)

 

 

(692,047

)

 

 

 

3,657,336

 

 

 

3,821,054

 

MGM Macau land concession

 

 

84,769

 

 

 

84,717

 

Less: Accumulated amortization

 

 

(19,554

)

 

 

(15,272

)

 

 

 

65,215

 

 

 

69,445

 

MGM China customer lists

 

 

129,025

 

 

 

128,946

 

Less: Accumulated amortization

 

 

(126,003

)

 

 

(116,664

)

 

 

 

3,022

 

 

 

12,282

 

MGM China gaming promoter relationships

 

 

180,635

 

 

 

180,524

 

Less: Accumulated amortization

 

 

(180,635

)

 

 

(161,467

)

 

 

 

 

 

 

19,057

 

Maryland license, Massachusetts license and other intangible assets

 

 

136,127

 

 

 

136,827

 

Less: Accumulated amortization

 

 

(24,039

)

 

 

(24,030

)

 

 

 

112,088

 

 

 

112,797

 

Total finite-lived intangible assets, net

 

 

3,837,661

 

 

 

4,034,635

 

Total other intangible assets, net

 

$

4,164,781

 

 

$

4,364,856

 

 

Schedule of Gross Carrying Value of Goodwill and Related Cumulative Impairment Losses

The following table summarizes our gross carrying value of goodwill and related cumulative impairment losses as of December 31, 2015:

 

 

Gross Carrying Value

 

 

Cumulative Impairment Losses

 

 

Goodwill, net

 

Goodwill, net by Reportable Segment:

 

(In thousands)

 

Wholly Owned Domestic Resorts

 

$

1,239,063

 

 

$

(1,168,088

)

 

$

70,975

 

MGM China

 

 

2,827,783

 

 

 

(1,467,991

)

 

 

1,359,792

 

Balance, December 31, 2015

 

$

4,066,846

 

 

$

(2,636,079

)

 

$

1,430,767

 

 

Schedule of Estimated Future Amortization

  Estimated future amortization is as follows:

 

 

 

 

 

Years ending December 31,

 

(In thousands)

 

2016

 

$

174,424

 

2017

 

 

172,482

 

2018

 

 

173,426

 

2019

 

 

178,149

 

2020

 

 

178,149

 

Thereafter

 

 

2,961,031

 

 

 

$

3,837,661