XML 61 R48.htm IDEA: XBRL DOCUMENT v3.20.2
Long-Term Debt (Narrative) (Details)
$ in Thousands, € in Millions, £ in Millions, zł in Millions, $ in Millions
3 Months Ended 6 Months Ended
Apr. 25, 2019
Jun. 30, 2020
USD ($)
item
Mar. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
item
Jun. 30, 2020
PLN (zł)
item
Jun. 30, 2019
USD ($)
Jul. 30, 2020
USD ($)
Jun. 30, 2020
PLN (zł)
item
Jun. 30, 2020
GBP (£)
item
Jun. 30, 2020
EUR (€)
item
Jun. 30, 2020
CAD ($)
item
Apr. 01, 2020
Dec. 31, 2019
USD ($)
Dec. 06, 2019
USD ($)
Aug. 31, 2018
EUR (€)
Aug. 31, 2017
GBP (£)
Debt Instrument [Line Items]                                
Amortization of deferred financing costs       $ 813   $ 56                    
Amount outstanding   $ 203,995   203,995                 $ 188,961      
Principal payments       79   $ 111                    
Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Deferred financing costs   10,700   10,700                        
Amortization of deferred financing costs   400   800                        
Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Deposits maintained for payment of casino jackpots and gaming tax obligations | zł               zł 3.6                
Deposits guarantees for payment of prizes and giveaways   200   $ 200       zł 0.8                
Century Downs Racetrack And Casino [Member]                                
Debt Instrument [Line Items]                                
Options to purchase land | item       4 4                      
First option date       Jul. 01, 2023 Jul. 01, 2023                      
Principal payments       $ 0                        
Term Loan [Member] | Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Percentage of the net cash proceeds of non-ordinary course asset sales or certain casualty events       100.00% 100.00%                      
Percentage of annual excess cash flow       50.00% 50.00%                      
Prepayment premium percentage       1.00% 1.00%                      
Maturity date       Dec. 06, 2026 Dec. 06, 2026                      
Amount outstanding   $ 169,100   $ 169,100                        
Pecentage of quarterly payments equal to original principal       0.25% 0.25%                      
Term Loan [Member] | Macquarie Capital [Member] | Consolidated First Lien Net Leverage Ratio Greater Than 2.25, But Less Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Percentage of annual excess cash flow       25.00% 25.00%                      
Term Loan [Member] | Macquarie Capital [Member] | Consolidated First Lien Net Leverage Ratio Less Than 2.25 [Member]                                
Debt Instrument [Line Items]                                
Percentage of annual excess cash flow       0.00% 0.00%                      
Term Loan [Member] | Macquarie Capital [Member] | LIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate   5.50%   5.50%       5.50% 5.50% 5.50% 5.50%          
Term Loan [Member] | Macquarie Capital [Member] | ABR [Member]                                
Debt Instrument [Line Items]                                
Interest rate   4.50%   4.50%       4.50% 4.50% 4.50% 4.50%          
UniCredit Loan [Member]                                
Debt Instrument [Line Items]                                
Amount outstanding [1]   $ 1,606   $ 1,606                 $ 1,983      
UniCredit Loan [Member] | Century Resorts Management [Member]                                
Debt Instrument [Line Items]                                
Line of credit facility   1,600   $ 1,600         £ 1.3             £ 2.0
Expiration date       Sep. 30, 2023 Sep. 30, 2023                      
Guaranteed amount       $ 600                        
Borrowing availability       $ 0                        
UniCredit Loan [Member] | Century Resorts Management [Member] | LIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.625% 1.625%                      
BMO Credit Agreement [Member]                                
Debt Instrument [Line Items]                                
Repayment amount       $ 52,000                        
Line of Credit with mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity | zł               zł 5.0                
Line of credit facility amount available for borrowing   1,300   1,300       5.0                
Amount outstanding   0   $ 0                        
Line of Credit with mBank [Member] | Casinos Poland [Member] | WIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.50% 1.50%                      
Line Of Credit With Alior Bank [Member] | Casinos Poland [Member] | WIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.55% 1.55%                      
Guarantee From mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Bank guarantee issued for payment of casino jackpots and gaming tax obligations   900   $ 900                        
Deposits maintained for payment of casino jackpots and gaming tax obligations   900   900       3.6                
Deposit for secured by land owned   300   300       zł 1.2                
Guarantee From Alior Bank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Guaranteed amount       300 zł 1.3                      
Revolving Credit Facility [Member] | Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity                           $ 10,000    
Line of credit facility amount available for borrowing   0   $ 0                        
Percentage of principal amount of unused commitments       0.50% 0.50%                      
Fronting fee percentage       0.125% 0.125%                      
Revolving credit facility, amount drew     $ 10,000                          
Maturity date       Dec. 06, 2024 Dec. 06, 2024                      
Amount outstanding   $ 10,000   $ 10,000                        
Revolving Credit Facility [Member] | Macquarie Capital [Member] | Subsequent Event [Member]                                
Debt Instrument [Line Items]                                
Line of credit facility             $ 0                  
Revolving Credit Facility [Member] | Macquarie Capital [Member] | LIBOR [Member] | Consolidated First Lien Net Leverage Ratio Greater Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Interest rate                       4.25%        
Revolving Credit Facility [Member] | Macquarie Capital [Member] | LIBOR [Member] | Consolidated First Lien Net Leverage Ratio Less Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Interest rate                       4.00%        
Revolving Credit Facility [Member] | Macquarie Capital [Member] | ABR [Member] | Consolidated First Lien Net Leverage Ratio Greater Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Interest rate                       3.25%        
Revolving Credit Facility [Member] | Macquarie Capital [Member] | ABR [Member] | Consolidated First Lien Net Leverage Ratio Less Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Interest rate                       3.00%        
Letter Of Credit [Member] | Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity                           5,000    
Credit Agreement [Member] | Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity                           180,000    
Credit Agreement [Member] | Term Loan [Member] | Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity                           $ 170,000    
Credit Agreement [Member] | Line of Credit with mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Expiration date Aug. 27, 2020                              
Credit Agreement [Member] | Credit Agreements With Mbank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Number of credit agreements | item   4   4       4 4 4 4          
First Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity | zł               zł 3.0                
Expiration date       Nov. 30, 2021 Nov. 30, 2021                      
Term of borrowing       3 years 3 years                      
Amount outstanding   $ 500   $ 500       1.9                
Borrowing availability       $ 0                        
First Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member] | WIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.70% 1.70%                      
Second Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity | zł               4.0                
Expiration date       Nov. 30, 2021 Nov. 30, 2021                      
Term of borrowing       3 years 3 years                      
Amount outstanding   600   $ 600       2.5                
Borrowing availability       $ 0                        
Required amount to maintain in cash inflows and financial covenants | zł         zł 7.0                      
Second Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member] | WIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.70% 1.70%                      
Third Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Maximum borrowing capacity | zł               2.5                
Expiration date       Nov. 30, 2022 Nov. 30, 2022                      
Term of borrowing       4 years 4 years                      
Amount outstanding   500   $ 500       zł 1.8                
Borrowing availability       $ 0                        
Required amount to maintain in cash inflows and financial covenants | zł         zł 7.0                      
Third Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member] | WIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.90% 1.90%                      
UniCredit Agreement [Member] | Century Resorts Management [Member]                                
Debt Instrument [Line Items]                                
Line of credit facility   $ 7,900 7,400 $ 7,900                     € 7.0  
Line of credit facility secured amount | €                   € 7.0            
Borrowing availability     $ 0                          
UniCredit Agreement [Member] | Century Resorts Management [Member] | EURIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.50% 1.50%                      
UniCredit Agreement [Member] | Century Resorts Management [Member] | LIBOR [Member]                                
Debt Instrument [Line Items]                                
Interest rate percentage points       1.50% 1.50%                      
UniCredit Agreement Term 1 [Member] | Century Resorts Management [Member]                                
Debt Instrument [Line Items]                                
Term of borrowing       1 month 1 month                      
UniCredit Agreement Term 2 [Member] | Century Resorts Management [Member]                                
Debt Instrument [Line Items]                                
Term of borrowing       3 months 3 months                      
UniCredit Agreement Term 3 [Member] | Century Resorts Management [Member]                                
Debt Instrument [Line Items]                                
Term of borrowing       6 months 6 months                      
UniCredit Agreement Term 4 [Member] | Century Resorts Management [Member]                                
Debt Instrument [Line Items]                                
Term of borrowing       9 months 9 months                      
UniCredit Agreement Term 5 [Member] | Century Resorts Management [Member]                                
Debt Instrument [Line Items]                                
Term of borrowing       12 months 12 months                      
Minimum [Member] | Term Loan [Member] | Macquarie Capital [Member] | Consolidated First Lien Net Leverage Ratio Greater Than 2.25, But Less Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Consolidated First Lien Net Leverage Ratio   2.25   2.25       2.25 2.25 2.25 2.25          
Minimum [Member] | Revolving Credit Facility [Member] | Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Percentage of principal amount of unused commitments       0.375% 0.375%                      
Minimum [Member] | Revolving Credit Facility [Member] | Macquarie Capital [Member] | Consolidated First Lien Net Leverage Ratio Greater Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Consolidated First Lien Net Leverage Ratio   2.75   2.75       2.75 2.75 2.75 2.75          
Minimum [Member] | First Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Profit margin       0.30% 0.30%                      
Liquidity ratio   1.3   1.3       1.3 1.3 1.3 1.3          
Minimum [Member] | Second Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Profit margin       0.50% 0.50%                      
Liquidity ratio   0.6   0.6       0.6 0.6 0.6 0.6          
Minimum [Member] | Third Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Profit margin       0.50% 0.50%                      
Liquidity ratio   0.6   0.6       0.6 0.6 0.6 0.6          
Maximum [Member] | Term Loan [Member] | Macquarie Capital [Member] | Consolidated First Lien Net Leverage Ratio Greater Than 2.25, But Less Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Consolidated First Lien Net Leverage Ratio   2.75   2.75       2.75 2.75 2.75 2.75          
Maximum [Member] | Term Loan [Member] | Macquarie Capital [Member] | Consolidated First Lien Net Leverage Ratio Less Than 2.25 [Member]                                
Debt Instrument [Line Items]                                
Consolidated First Lien Net Leverage Ratio   2.25   2.25       2.25 2.25 2.25 2.25          
Maximum [Member] | Revolving Credit Facility [Member] | Macquarie Capital [Member]                                
Debt Instrument [Line Items]                                
Commitment fees   $ 100   $ 100                        
Maximum [Member] | Revolving Credit Facility [Member] | Macquarie Capital [Member] | Consolidated First Lien Net Leverage Ratio Less Than 2.75 [Member]                                
Debt Instrument [Line Items]                                
Consolidated First Lien Net Leverage Ratio   2.75   2.75       2.75 2.75 2.75 2.75          
Maximum [Member] | First Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Profit margin       0.40% 0.40%                      
Debt ratio   60   60       60 60 60 60          
Maximum [Member] | Second Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Debt ratio   70   70       70 70 70 70          
Maximum [Member] | Third Credit Agreement [Member] | Term Loan With mBank [Member] | Casinos Poland [Member]                                
Debt Instrument [Line Items]                                
Debt ratio   70   70       70 70 70 70          
Century Downs Racetrack And Casino [Member]                                
Debt Instrument [Line Items]                                
Outstanding balance on financing obligation   $ 14,300   $ 14,300             $ 19.5          
[1] CRM assumed the UniCredit loan to CCB in February 2020.