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Asset Acquisitions (Tables)
6 Months Ended
Jun. 30, 2012
Business Combinations [Abstract]  
Condensed Statement of Operations for Acquiree
The following supplemental information presents the financial results of IP included in the Company's consolidated statement of operations for the three and six months ended June 30, 2012.
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30, 2012
 
June 30, 2012
 
 
(In thousands)
Condensed Statements of Operations
 
 
 
 
Net revenues
 
$
47,339

 
$
96,350

Operating income
 
$
6,626

 
$
14,465

Schedule of Purchase Price Allocation
The fair value of the assets of the LLC was allocated in our consolidated financial statements as follows:
 
 
 
June 30,
 
December 31,
 
 
 
2012
 
2011
 
 
 
(In thousands)
Assets acquired (at initial fair value):
 
 
 
 
 
Intangible value of Development Agreement
 
 
$
21,373

 
$
21,373

Note receivable from Tribe (at present value)
 
 
3,663

 
3,077

Purchase price
 
 
$
25,036

 
$
24,450