Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt, net of current maturities consists of the following:

	June 30, 2012
						Unamortized
	Outstanding		Unamortized			Origination			Long-Term
	Principal		Discount			Fees			Debt, Net
	(In thousands)
Boyd Gaming Long-Term Debt:
Bank credit facility	$	1,448,800	$	(5,805	)	$	(3,732	)	$	1,439,263
9.125% senior notes due 2018	500,000		—			(7,938		)	492,062
9.00% senior notes due 2020	350,000		—			(9,897		)	340,103
6.75% senior subordinated notes due 2014	215,668		—			—			215,668
7.125% senior subordinated notes due 2016	240,750		—			—			240,750
Other	10,710		—			—			10,710
	$	2,765,928	$	(5,805	)	$	(21,567	)	$	2,738,556
Borgata Debt:
Bank credit facility	$	24,200	$	—		$	—		$	24,200
9.50% senior secured notes due 2015	398,000		(2,907		)	(6,827		)	388,266
9.875% senior secured notes due 2018	393,500		(2,238		)	(8,108		)	383,154
	$	815,700	$	(5,145	)	$	(14,935	)	$	795,620
Less current maturities	53,211		—			—			53,211
Long-term debt, net	$	3,528,417	$	(10,950	)	$	(36,502	)	$	3,480,965

	December 31, 2011
						Unamortized
	Outstanding		Unamortized			Origination			Long-Term
	Principal		Discount			Fees			Debt, Net
	(In thousands)
Boyd Gaming Long-Term Debt:
Bank credit facility	$	1,632,750	$	(4,318	)	$	(6,717	)	$	1,621,715
9.125% senior notes due 2018	500,000		—			(8,556		)	491,444
6.75% senior subordinated notes due 2014	215,668		—			—			215,668
7.125% senior subordinated notes due 2016	240,750		—			—			240,750
Other	11,071		—			—			11,071
	$	2,600,239	$	(4,318	)	$	(15,273	)	$	2,580,648
Borgata Debt:
Bank credit facility	$	40,200	$	—		$	—		$	40,200
9.50% senior secured notes due 2015	398,000		(3,271		)	(7,680		)	387,049
9.875% senior secured notes due 2018	393,500		(2,366		)	(8,575		)	382,559
	831,700		(5,637		)	(16,255		)	809,808
Less current maturities	43,230		—			—			43,230
Long-term debt, net	$	3,388,709	$	(9,955	)	$	(31,528	)	$	3,347,226

Schedule of Line of Credit Facilities

	June 30,		December 31,
	2012		2011
	(In thousands)
Extended Revolving Facility	$	620,000	$	807,000
Initial Term Loan	462,500		475,000
Incremental Term Loan	331,713		338,965
Swing Loan	25,050		750
Total outstanding borrowings under Credit Facility, net	$	1,439,263	$	1,621,715

Schedule of Line of Credit Facility Commitment and Availability

Presently, our Credit Facility is comprised of the following components and commitments:

	Original Commitment		Present Commitment		Remaining Availability
	(In thousands)
Extended Revolving Facility	$	960,000	$	960,000	$	300,405
Initial Term Loan	500,000		500,000		—
Incremental Term Loan	—		350,000		—
Total commitments under Credit Facility	$	1,460,000	$	1,810,000	$	300,405

Schedule of Maturities of Long-term Debt

The scheduled maturities of long-term debt, as discussed above, are as follows:

	Long-Term Debt
	Boyd Gaming		Borgata		Total
	(In thousands)
For the year or partial year ending December 31,
Remainder of 2012	$	21,620	$	—	$	21,620
2013	52,841		—		52,841
2014	258,168		24,200		282,368
2015	1,342,549		398,000		1,740,549
2016	240,750		—		240,750
Thereafter	850,000		393,500		1,243,500
Total outstanding principal of long-term debt	$	2,765,928	$	815,700	$	3,581,628