Marina District Finance 10-Q 13 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Apr. 30, 2014
Entity Information [Line Items]	'	'
Entity Registrant Name	'Marina District Finance Company, Inc.	'
Entity Central Index Key	'0001517007	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	0

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets	'	'
Cash and cash equivalents	$29,001	$37,527
Restricted cash	5,971	0
Accounts receivable, net	31,990	33,328
Inventories	4,192	4,184
Prepaid expenses and other current assets	10,256	7,613
Income taxes receivable	1,037	1,037
Deferred income taxes	2,431	2,488
Total current assets	84,878	86,177
Property and equipment, net	1,200,276	1,212,934
Debt financing costs, net	10,676	11,347
Other assets, net	10,885	10,361
Total assets	1,306,715	1,320,819
Current liabilities	'	'
Current maturities of long-term debt	3,800	3,800
Accounts payable	8,572	5,924
Accrued liabilities	96,800	98,095
Total current liabilities	109,172	107,819
Long-term debt, net of current maturities	793,873	797,460
Deferred income taxes	6,035	7,049
Other long-term tax liabilities	12,722	12,470
Other liabilities	7,409	7,853
Commitments and contingencies (Note 6)	'	'
Member equity	377,504	388,168
Total liabilities and member equity	$1,306,715	$1,320,819

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Operating revenues:	'	'
Gaming	$153,686	$145,679
Food and beverage	31,054	33,935
Room	25,569	26,674
Other	8,571	9,192
Gross revenues	218,880	215,480
Less promotional allowances	51,616	49,836
Net revenues	167,264	165,644
Operating costs and expenses:	'	'
Gaming	63,464	61,145
Food and beverage	15,695	17,328
Room	2,784	2,997
Other	6,499	6,678
Selling, general and administrative	41,402	34,775
Maintenance and utilities	16,927	14,269
Depreciation and amortization	14,542	15,914
Other operating items, net	-404	334
Preopening expenses	33	0
Total operating costs and expenses	160,942	153,440
Operating income	6,322	12,204
Interest expense, net	17,690	20,774
Total other expense	17,690	20,774
Loss before state income taxes	-11,368	-8,570
State income tax benefit	704	535
Net loss	($10,664)	($8,035)

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement of Changes in Member Equity (USD $)	Total	Capital Contributions	Accumulated Deficit
In Thousands, unless otherwise specified
Balances at Dec. 31, 2013	$388,168	$446,700	($58,532)
Increase Decrease in Member Equity [Roll Forward]	'	'	'
Net loss	-10,664	0	-10,664
Balances at Mar. 31, 2014	$377,504	$446,700	($69,196)

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash Flows from Operating Activities	'	'
Net loss	($10,664)	($8,035)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	14,542	15,914
Gain from insurance subrogation settlement	-451	0
Amortization of debt financing costs	649	352
Amortization of discounts on long-term debt	563	983
Deferred income taxes	-957	-772
Provision for doubtful accounts	230	758
Noncash asset write-downs	0	19
Other operating activities	-2	-4
Changes in operating assets and liabilities:	'	'
Restricted cash	-5,971	0
Accounts receivable, net	1,108	3,688
Inventories	-8	-142
Prepaid expenses and other current assets	-2,643	1,034
Other assets, net	-573	-670
Accounts payable and accrued liabilities	1,351	-1,741
Other long-term tax liabilities	252	237
Other liabilities	-444	-158
Net cash provided by (used in) operating activities	-3,018	11,463
Cash Flows from Investing Activities	'	'
Capital expenditures	-1,809	-3,155
Insurance proceeds for replacement assets	451	0
Net cash used in investing activities	-1,358	-3,155
Cash Flows from Financing Activities	'	'
Borrowings under bank credit facility	116,200	103,600
Payments under bank credit facility	-119,400	-109,600
Payments on term loan	-950	0
Net cash used in financing activities	-4,150	-6,000
Increase (decrease) in cash and cash equivalents	-8,526	2,308
Cash and cash equivalents, beginning of period	37,527	34,125
Cash and cash equivalents, end of period	29,001	36,433
Supplemental Disclosure of Cash Flow Information	'	'
Cash paid for interest, net of amounts capitalized	27,271	19,569
Supplemental Disclosure of Non-Cash Investing Activities	'	'
Payables for capital expenditures	$2	$36

Organization_and_Basis_of_Pres

Organization and Basis of Presentation (Notes)	3 Months Ended
	Mar. 31, 2014
Organization and Basis of Presentation [Abstract]	'
Organization and Basis of Presentation	'
	ORGANIZATION AND BASIS OF PRESENTATION
	Organization
	Marina District Development Company, LLC, a New Jersey limited liability company (“MDDC”), is the parent of Marina District Finance Company, Inc., a New Jersey corporation (“MDFC”). MDFC is a 100% owned finance subsidiary of MDDC, which has fully and unconditionally guaranteed MDFC's securities.
	MDDC was incorporated in July 1998 and has been operating since July 3, 2003. MDFC was incorporated in 2000 and has been a wholly owned subsidiary of MDDC since its inception. We developed, own and operate Borgata Hotel Casino and Spa, including The Water Club at Borgata (collectively, "Borgata"). Borgata is located on a 45.6-acre site at Renaissance Pointe in Atlantic City, New Jersey. Borgata is an upscale destination resort and gaming entertainment property.
	Borgata was developed as a joint venture between Boyd Atlantic City, Inc. (“BAC”), a wholly owned subsidiary of Boyd Gaming Corporation (“Boyd”), and MAC, Corp. (“MAC”), a second tier, wholly owned subsidiary of MGM Resorts International (the successor-in-interest to MGM MIRAGE) (“MGM”). The joint venture operates pursuant to an operating agreement between BAC and MAC (the “Operating Agreement”), in which BAC and MAC each originally held a 50% interest in Marina District Development Holding Co., LLC, MDDC's parent holding company (“MDDHC”).
	As managing member of MDDHC pursuant to the terms of the Operating Agreement, BAC, through MDDHC, has responsibility for the oversight and management of our day-to-day operations. We do not presently record a management fee to BAC, as our management team performs these services directly or negotiates contracts to provide for these services. As a result, the costs of these services are directly borne by us and are reflected in our consolidated financial statements. Boyd, the parent of BAC, is a diversified operator of 21 wholly owned gaming entertainment properties. Headquartered in Las Vegas, Nevada, Boyd has other gaming operations in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi.
	On March 24, 2010, MAC transferred its 50% ownership interest (the "MGM Interest") in MDDHC, and certain land leased to MDDC, into a divestiture trust, of which MGM and its subsidiaries are the economic beneficiaries (the “Divestiture Trust”), for sale to a third-party in connection with MGM's settlement agreement with the New Jersey Division of Gaming Enforcement ("NJDGE"). MGM has subsequently announced that it had entered into an amended settlement agreement with the NJDGE, as approved by the New Jersey Casino Control Commission ("NJCCC"). The amended agreement provided that until March 24, 2013, MGM had the right to direct the Divestiture Trust to sell the MGM Interest. If a sale was not concluded by that time, the Divestiture Trust was to be responsible for selling MGM's Interest during the following 12-month period, or not later than March 24, 2014. Subsequent to a Joint Petition of MGM, Boyd and MDDC, the NJCCC, on February 13, 2013, approved amendments to the Stipulation of Settlement and Trust Agreement which permits MGM to file an application for a statement of compliance, which, if approved, could permit MGM to reacquire its interest in MDDC. The deadline requiring MGM and the Divestiture Trust to sell the MGM Interest has been tolled to allow the NJCCC to complete a review of the application. BAC has a right of first refusal on any sale of the MGM Interest. We continue to operate under normal business conditions throughout MGM's sales efforts, and do not believe that it has had or will have a material impact on our operations.
	Upon the transfer of the MGM Interest into the Divestiture Trust, MGM relinquished all of its specific participating rights under the Operating Agreement, and Boyd effectively obtained control of Borgata. As a result, beginning on March 24, 2010, our financial position and results of operations have been included in the consolidated financial statements of Boyd. This resulting change in control required acquisition method accounting by Boyd in accordance with the authoritative accounting guidance for business combinations; however, there was no resulting direct impact on our consolidated financial statements. Accordingly, our financial position and results of operations as reported herein will differ from the results as consolidated with and separately reported by Boyd, as certain fair value and other acquisition method accounting adjustments have not been pushed down to our stand-alone consolidated financial statements.
	Basis of Presentation
	Interim Condensed Consolidated Financial Statements
	The accompanying unaudited condensed consolidated financial statements of MDDC have been prepared in accordance with the instructions to the Quarterly Report on Form 10-Q and Article 10 of Regulation S-X and, therefore, do not include all information and footnote disclosures necessary for complete financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”).
	The results for the periods indicated are unaudited, but reflect all adjustments (consisting only of normal recurring adjustments) that management considers necessary for a fair presentation of financial position, results of operations and cash flows. Results of operations and cash flows for the interim periods presented herein are not necessarily indicative of the results that would be achieved during a full year of operations or in future periods.
	These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the U.S. Securities and Exchange Commission ("SEC") on March 28, 2014.
	Principles of Consolidation
	The accompanying condensed consolidated financial statements have been prepared in accordance with GAAP and include the accounts of MDDC and MDFC.
	All intercompany accounts and transactions have been eliminated.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Restricted Cash
	Restricted cash consists primarily of advance payments related to amounts restricted by regulation for gaming purposes. These restricted cash balances are invested in highly liquid instruments with a maturity of 90 days or less.
	CRDA Investments
	Pursuant to the New Jersey Casino Control Act ("Casino Control Act"), as a casino licensee, we are assessed an amount equal to 1.25% of our land-based gross gaming revenues in order to fund qualified investments. This assessment is made in lieu of an investment alternative tax equal to 2.5% of land-based gross gaming revenues. The Casino Control Act also provides for an assessment of licensees equal to 2.5% of online gross gaming revenues, which is made in lieu of an investment alternative tax equal to 5.0% of online gross gaming revenues. Once our funds are deposited with the New Jersey Casino Reinvestment Development Authority ("CRDA"), qualified investments may be satisfied by: (i) the purchase of bonds issued by the CRDA at below market rates of interest; (ii) direct investment in CRDA-approved projects; or (iii) a donation of funds to projects as determined by the CRDA. According to the Casino Control Act, funds on deposit with the CRDA are invested by the CRDA and the resulting income is shared two-thirds to the casino licensee and one-third to the CRDA. Further, the Casino Control Act requires that CRDA bonds be issued at statutory rates established at two-thirds of market value.
	We are required to make quarterly deposits with the CRDA to satisfy our investment obligations. At the date the obligation arises, we record charges to expense (i) pursuant to the respective underlying agreements for obligations with identified qualified investments and (ii) by applying a one-third valuation reserve to our obligations that are available to fund qualified investments to reflect the anticipated below market return on investment. The one-third valuation reserve is adjusted accordingly, if necessary, when a qualified investment is identified. Our deposits with the CRDA, net of valuation reserves held by us, were $5.5 million and $4.6 million as of March 31, 2014 and December 31, 2013, respectively, and are included in other assets, net, on our condensed consolidated balance sheets.
	Promotional Allowances
	The retail value of accommodations, food and beverage, and other services furnished to guests on a complimentary basis is included in gross revenues and then deducted as promotional allowances. Promotional allowances also include incentives such as cash, goods and services (such as complimentary rooms and food and beverages) earned in our loyalty programs. We reward customers, through the use of loyalty programs, with points based on amounts wagered that can be redeemed for a specified period of time, principally for restricted free play slot machine credits and complimentary goods and services. We record the estimated retail value of these goods and services as revenue and then record a corresponding deduction as promotional allowances.
	The amounts included in promotional allowances are as follows:
		Three Months Ended
		March 31,
	(In thousands)	2014			2013
	Rooms	$	16,668		$	17,085
	Food and beverage	12,152			12,411
	Other	22,796			20,340
	Total promotional allowances	$	51,616		$	49,836
	The estimated costs of providing such promotional allowances are as follows:
		Three Months Ended
		March 31,
	(In thousands)	2014			2013
	Rooms	$	5,214		$	5,369
	Food and beverage	9,672			9,571
	Other	2,366			2,316
	Total cost of promotional allowances	$	17,252		$	17,256
	Gaming Taxes
	In New Jersey, we are subject to an annual tax assessment based on gross gaming revenues of 8% on our land-based gross gaming revenues and 15% on our online gross gaming revenues. These gaming taxes are recorded as a gaming expense in the consolidated statements of operations. These taxes were $12.1 million and $10.8 million during the three months ended March 31, 2014 and 2013, respectively.
	Income Taxes
	As a single member LLC, MDDC is treated as a disregarded entity for federal income tax purposes. As such, it is not subject to federal income tax and its income is treated as earned by its member, MDDHC. MDDHC is treated as a partnership for federal income tax purposes and federal income taxes are the responsibility of its members. In New Jersey, casino partnerships are subject to state income taxes under the Casino Control Act; therefore, MDDC, considered a casino partnership, is required to record New Jersey state income taxes. In 2004, MDDC was granted permission by the state of New Jersey, pursuant to a ruling request, to file a consolidated New Jersey corporation business tax return with the members of its parent, MDDHC. The amounts reflected in the condensed consolidated financial statements are reported as if MDDC was taxed for state purposes on a stand-alone basis; however, MDDC files a consolidated state tax return with the members of MDDHC.
	The amounts due to these members are a result of each member's respective tax attributes included in the consolidated state tax return. A reconciliation of the components of our stand-alone state income taxes receivable is presented below:
		March 31,			December 31,
	(In thousands)	2014			2013
	Amounts payable to members of MDDHC	$	—		$	—
	Amounts receivable - State	(1,037		)	(1,037		)
	Income taxes payable (receivable), net	$	(1,037	)	$	(1,037	)
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Property_and_Equipment_Net

Property and Equipment, Net	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property and Equipment, Net	'
	PROPERTY AND EQUIPMENT, NET
	Property and equipment, net, consists of the following:
		March 31,		December 31,
	(In thousands)	2014		2013
	Land	$	87,301	$	87,301
	Buildings and improvements	1,417,205		1,416,432
	Furniture and equipment	316,293		314,610
	Construction in progress	4,311		5,533
	Total property and equipment	1,825,110		1,823,876
	Less accumulated depreciation	624,834		610,942
	Property and equipment, net	$	1,200,276	$	1,212,934
	Depreciation expense was $14.5 million and $15.7 million during the three months ended March 31, 2014 and 2013, respectively. Construction in progress presented in the table above primarily relates to costs capitalized in conjunction with major improvements that have not yet been placed into service, and accordingly, such costs are not currently being depreciated.

Accrued_Liabilities

Accrued Liabilities	3 Months Ended
	Mar. 31, 2014
Accrued Liabilities [Abstract]	'
Accrued Liabilities	'
	ACCRUED LIABILITIES
	Accrued liabilities consist of the following:
		March 31,		December 31,
	(In thousands)	2014		2013
	Accrued payroll and related	$	20,460	$	20,736
	Accrued interest	5,050		15,840
	Accrued gaming liabilities	27,787		25,034
	Accrued expenses and other liabilities	43,503		36,485
	Total accrued liabilities	$	96,800	$	98,095

Longterm_Debt_Net

Long-term Debt, Net	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Long-term Debt, Net	'
	LONG-TERM DEBT, NET
	Long-term debt, net consists of the following:
		March 31, 2014
	(In thousands)	Rates at Mar. 31, 2014		Outstanding Principal		Unamortized Discount			Unamortized Origination Fees			Long-Term Debt, Net
	Credit Facility	3.86	%	$	36,700	$	—		$	—		$	36,700
	Incremental Term Loan	6.75	%	379,050		(3,563		)	—			$	375,487
	9.875% Senior Secured Notes due 2018	9.88	%	393,500		(1,733		)	(6,281		)	$	385,486
				809,250		(5,296		)	(6,281		)	797,673
	Less current maturities			3,800		—			—			3,800
	Long-term debt, net			$	805,450	$	(5,296	)	$	(6,281	)	$	793,873
		31-Dec-13
	(In thousands)	Rates at Dec. 31, 2013		Outstanding Principal		Unamortized Discount			Unamortized Origination Fees			Long-Term Debt, Net
	Credit Facility	3.87	%	$	39,900	$	—		$	—		$	39,900
	Incremental Term Loan	6.75	%	380,000		(3,766		)	—			376,234
	9.875% Senior Secured Notes due 2018	9.88	%	393,500		(1,811		)	(6,563		)	385,126
				813,400		(5,577		)	(6,563		)	801,260
	Less current maturities			3,800		—			—			3,800
	Long-term debt, net			$	809,600	$	(5,577	)	$	(6,563	)	$	797,460
	At March 31, 2014, $36.7 million was outstanding under the MDFC Amended and Restated Credit Agreement (the “Credit Facility”), with $3.2 million allocated to support a letter of credit, leaving remaining contractual availability of $20.1 million.
	Covenant Compliance
	As of March 31, 2014, we believe that we were in compliance with the financial and other covenants of our debt instruments.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	COMMITMENTS AND CONTINGENCIES
	Commitments
	There have been no material changes to our commitments described under Note 6, Commitments and Contingencies, in our Annual Report on Form 10-K for the year ended December 31, 2013, filed with the SEC on March 28, 2014.
	Contingencies
	Borgata Property Taxes
	We have filed tax appeal complaints, in connection with our property tax assessments for tax years 2009 through 2014, in New Jersey Tax Court (“Court”). The trial for tax years 2009 and 2010 was held during the second quarter of 2013 and a decision was issued on October 18, 2013. The assessor valued our real property at approximately $2.3 billion. The Court found in our favor and reduced our real property valuation to $880 million and $870 million for tax years 2009 and 2010, respectively. The City of Atlantic City filed an appeal in the New Jersey Superior Court - Appellate Division in November 2013. We have paid our property tax obligations consistent with the assessor’s valuation and based on the Court’s decision, we estimate the 2009 and 2010 property tax refunds and related statutory interest will be approximately $48.0 million and $9.0 million, respectively. The trial date for tax years 2011 through 2013 was extended and the trial is scheduled to be held in September 2014. We filed an appeal complaint in connection with our 2014 valuation in February 2014 and continue to pay our property tax obligations in accordance with the assessor’s valuation. A trial date for the 2014 appeal has not been scheduled. We can provide no assurances that the Court’s decision will be upheld at the appellate level, nor can we be certain that we will receive a favorable decision in the 2011 through 2014 appeals. Due to the uncertainty surrounding the ultimate resolution of the City’s appeal, we will not record any gain until a final, non-appealable decision has been rendered. The final resolution of our appeals for the period January 1, 2009 through March 31, 2014 could result in adjustment to our estimated property tax liability.
	Legal Matters
	We are subject to various claims and litigation in the ordinary course of business. In our opinion, all pending legal matters are either adequately covered by insurance, or, if not insured, will not have a material adverse impact on our financial position, results of operations or cash flows.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	FAIR VALUE MEASUREMENTS
	We have adopted the authoritative accounting guidance for fair value measurements, which does not determine or affect the circumstances under which fair value measurements are used, but defines fair value, expands disclosure requirements around fair value and specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's market assumptions
	These inputs create the following fair value hierarchy:
	•	Level 1: Quoted prices for identical instruments in active markets.
	•	Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets.
	•	Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
	As required by the guidance for fair value measurements, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Thus, assets and liabilities categorized as Level 3 may be measured at fair value using inputs that are observable (Levels 1 and 2) and unobservable (Level 3). Management's assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the valuation of assets and liabilities and their placement within the fair value hierarchy levels.
	Balances Measured at Fair Value
	The fair value of our cash and cash equivalents was $29.0 million and $37.5 million as of March 31, 2014 and December 31, 2013, respectively. The fair value of our cash and cash equivalents, classified in the fair value hierarchy as Level 1, is based on statements received from our banks at March 31, 2014 and December 31, 2013. The fair value of our CRDA deposits was $5.5 million and $4.6 million as of March 31, 2014 and December 31, 2013, respectively. The fair value of our CRDA deposits, classified in the fair value hierarchy as Level 3, is based on estimates of the realizable value applied to the balances on statements received from the CRDA at March 31, 2014 and December 31, 2013.
	The following table summarizes the fair value of the Company's Level 3 assets:
		Three Months Ended
		March 31,
	(In thousands)	2014			2013
	Balance at January 1,	$	4,613		$	28,464
	Deposits	1,747			1,682
	Included in earnings	(554		)	(1,045		)
	Settlements	(259		)	—
	Ending balance at March 31,	$	5,547		$	29,101
	Balances Disclosed at Fair Value
	The following tables present the fair value measurement information about our long-term debt:
		March 31, 2014
		Outstanding Face						Estimated Fair		Fair Value
	(In thousands)	Amount			Carrying Value			Value		Hierarchy
	Credit Facility	$	36,700		$	36,700		$	36,700	Level 2
	Incremental Term Loan	379,050			375,487			384,421		Level 2
	9.875% Senior Secured Notes due 2018	393,500			385,486			421,045		Level 1
	Total long-term debt	$	809,250		$	797,673		$	842,166
		December 31, 2013
		Outstanding Face						Estimated Fair		Fair Value
	(In thousands)	Amount			Carrying Value			Value		Hierarchy
	Credit Facility	$	39,900		$	39,900		$	39,900	Level 2
	Incremental Term Loan	380,000			376,234			381,900		Level 2
	9.875% Senior Secured Notes due 2018	393,500			385,126			425,472		Level 1
	Total long-term debt	$	813,400		$	801,260		$	847,272
	The estimated fair values of our Credit Facility at March 31, 2014 and December 31, 2013, respectively, approximate its carrying values due to the short-term nature and variable repricing of the underlying Eurodollar loans comprising our Credit Facility. The estimated fair values of our senior secured notes are based on quoted market prices as of March 31, 2014 and December 31, 2013.
	There were no transfers between Level 1, Level 2 or Level 3 measurements during the three months ended March 31, 2014.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	SUBSEQUENT EVENTS
	We have evaluated all events or transactions that occurred after March 31, 2014. During this period, up to the filing date, we did not identify any subsequent events, the effects of which would require disclosure or adjustment to our financial position or results of operations.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Revenue Recognition, Allowances [Policy Text Block]	'
	Promotional Allowances
	The retail value of accommodations, food and beverage, and other services furnished to guests on a complimentary basis is included in gross revenues and then deducted as promotional allowances. Promotional allowances also include incentives such as cash, goods and services (such as complimentary rooms and food and beverages) earned in our loyalty programs. We reward customers, through the use of loyalty programs, with points based on amounts wagered that can be redeemed for a specified period of time, principally for restricted free play slot machine credits and complimentary goods and services. We record the estimated retail value of these goods and services as revenue and then record a corresponding deduction as promotional allowances.
Restricted Cash, Policy [Policy Text Block]	'90 days
Gaming Taxes, Policy [Policy Text Block]	'
	Gaming Taxes
	In New Jersey, we are subject to an annual tax assessment based on gross gaming revenues of 8% on our land-based gross gaming revenues and 15% on our online gross gaming revenues. These gaming taxes are recorded as a gaming expense in the consolidated statements of operations. These taxes were $12.1 million and $10.8 million during the three months ended March 31, 2014 and 2013, respectively.
Income Taxes, Policy [Policy Text Block]	'
	Income Taxes
	As a single member LLC, MDDC is treated as a disregarded entity for federal income tax purposes. As such, it is not subject to federal income tax and its income is treated as earned by its member, MDDHC. MDDHC is treated as a partnership for federal income tax purposes and federal income taxes are the responsibility of its members. In New Jersey, casino partnerships are subject to state income taxes under the Casino Control Act; therefore, MDDC, considered a casino partnership, is required to record New Jersey state income taxes. In 2004, MDDC was granted permission by the state of New Jersey, pursuant to a ruling request, to file a consolidated New Jersey corporation business tax return with the members of its parent, MDDHC. The amounts reflected in the condensed consolidated financial statements are reported as if MDDC was taxed for state purposes on a stand-alone basis; however, MDDC files a consolidated state tax return with the members of MDDHC.
	The amounts due to these members are a result of each member's respective tax attributes included in the consolidated state tax return. A reconciliation of the components of our stand-alone state income taxes receivable is presented below:
		March 31,			December 31,
	(In thousands)	2014			2013
	Amounts payable to members of MDDHC	$	—		$	—
	Amounts receivable - State	(1,037		)	(1,037		)
	Income taxes payable (receivable), net	$	(1,037	)	$	(1,037	)
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Income Tax Payable [Table Text Block]	'
		March 31,			December 31,
	(In thousands)	2014			2013
	Amounts payable to members of MDDHC	$	—		$	—
	Amounts receivable - State	(1,037		)	(1,037		)
	Income taxes payable (receivable), net	$	(1,037	)	$	(1,037	)
Schedule of Promotional Allowances	'
	The amounts included in promotional allowances are as follows:
		Three Months Ended
		March 31,
	(In thousands)	2014			2013
	Rooms	$	16,668		$	17,085
	Food and beverage	12,152			12,411
	Other	22,796			20,340
	Total promotional allowances	$	51,616		$	49,836
	The estimated costs of providing such promotional allowances are as follows:
		Three Months Ended
		March 31,
	(In thousands)	2014			2013
	Rooms	$	5,214		$	5,369
	Food and beverage	9,672			9,571
	Other	2,366			2,316
	Total cost of promotional allowances	$	17,252		$	17,256

Property_and_Equipment_Net_Tab

Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Schedule of Property and Equipment	'
	Property and equipment, net, consists of the following:
		March 31,		December 31,
	(In thousands)	2014		2013
	Land	$	87,301	$	87,301
	Buildings and improvements	1,417,205		1,416,432
	Furniture and equipment	316,293		314,610
	Construction in progress	4,311		5,533
	Total property and equipment	1,825,110		1,823,876
	Less accumulated depreciation	624,834		610,942
	Property and equipment, net	$	1,200,276	$	1,212,934

Accrued_Liabilities_Tables

Accrued Liabilities (Tables)	3 Months Ended
	Mar. 31, 2014
Payables and Accruals [Abstract]	'
Schedule of Accrued Liabilities	'
	Accrued liabilities consist of the following:
		March 31,		December 31,
	(In thousands)	2014		2013
	Accrued payroll and related	$	20,460	$	20,736
	Accrued interest	5,050		15,840
	Accrued gaming liabilities	27,787		25,034
	Accrued expenses and other liabilities	43,503		36,485
	Total accrued liabilities	$	96,800	$	98,095

Longterm_Debt_Net_Tables

Long-term Debt, Net (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Long-term Debt	'
		31-Dec-13
	(In thousands)	Rates at Dec. 31, 2013		Outstanding Principal		Unamortized Discount			Unamortized Origination Fees			Long-Term Debt, Net
	Credit Facility	3.87	%	$	39,900	$	—		$	—		$	39,900
	Incremental Term Loan	6.75	%	380,000		(3,766		)	—			376,234
	9.875% Senior Secured Notes due 2018	9.88	%	393,500		(1,811		)	(6,563		)	385,126
				813,400		(5,577		)	(6,563		)	801,260
	Less current maturities			3,800		—			—			3,800
	Long-term debt, net			$	809,600	$	(5,577	)	$	(6,563	)	$	797,460

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value of Level 3 Assets	'
	The following table summarizes the fair value of the Company's Level 3 assets:
		Three Months Ended
		March 31,
	(In thousands)	2014			2013
	Balance at January 1,	$	4,613		$	28,464
	Deposits	1,747			1,682
	Included in earnings	(554		)	(1,045		)
	Settlements	(259		)	—
	Ending balance at March 31,	$	5,547		$	29,101
Fair Value of Long-Term Debt	'
	The following tables present the fair value measurement information about our long-term debt:
		March 31, 2014
		Outstanding Face						Estimated Fair		Fair Value
	(In thousands)	Amount			Carrying Value			Value		Hierarchy
	Credit Facility	$	36,700		$	36,700		$	36,700	Level 2
	Incremental Term Loan	379,050			375,487			384,421		Level 2
	9.875% Senior Secured Notes due 2018	393,500			385,486			421,045		Level 1
	Total long-term debt	$	809,250		$	797,673		$	842,166
		December 31, 2013
		Outstanding Face						Estimated Fair		Fair Value
	(In thousands)	Amount			Carrying Value			Value		Hierarchy
	Credit Facility	$	39,900		$	39,900		$	39,900	Level 2
	Incremental Term Loan	380,000			376,234			381,900		Level 2
	9.875% Senior Secured Notes due 2018	393,500			385,126			425,472		Level 1
	Total long-term debt	$	813,400		$	801,260		$	847,272

Organization_and_Basis_of_Pres1

Organization and Basis of Presentation (Organization) (Details)	3 Months Ended
	Mar. 31, 2014	Jun. 30, 2013	Mar. 31, 2014	Mar. 31, 2014
		MDFC	Borgata	MAC
			acre
Organization Attributes [Line Items]	'	'	'	'
Subsidiaries, Ownership Percentage	'	50.00%	'	'
Area of Land	'	'	45.6	'
Equity Method Investment, Ownership Percentage	'	'	'	100.00%
Number of Gaming Entertainment Properties	21	'	'	'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (CRDA) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2014
In Millions, unless otherwise specified	New Jersey Casino Reinvestment Development Authority (CRDA)	New Jersey Casino Reinvestment Development Authority (CRDA)	On-line Gaming [Member]	Land-based gaming [Member]
	Other Assets	Other Assets	State of New Jersey	State of New Jersey
Schedule of CRDA Deposits [Line Items]	'	'	'	'
State Gaming Licenses, Annual Fee, Percentage of Licensee Gross Gaming Revenues	'	'	2.50%	1.25%
State Alternative Investment Tax, Percentage of Gross Gaming Revenues	'	'	5.00%	2.50%
Deposit assets	$5.50	$4.60	'	'

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Promotional Allowances) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Promotional Allowances [Line Items]	'	'
Promotional allowances	$51,616	$49,836
Cost of Promotional Allowances	17,252	17,256
Rooms	'	'
Promotional Allowances [Line Items]	'	'
Promotional allowances	16,668	17,085
Cost of Promotional Allowances	5,214	5,369
Food and Beverage	'	'
Promotional Allowances [Line Items]	'	'
Promotional allowances	12,152	12,411
Cost of Promotional Allowances	9,672	9,571
Other Products and Services	'	'
Promotional Allowances [Line Items]	'	'
Promotional allowances	22,796	20,340
Cost of Promotional Allowances	$2,366	$2,316

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Gaming Taxes) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Accounting Policies [Abstract]	'	'
Gaming Taxes	$12.10	$10.80

Summary_of_Significant_Account6

Summary of Significant Accounting Policies (Income Taxes) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounting Policies [Abstract]	'	'
Amounts Payable to Members of MDDHC	$0	$0
Amounts Receivable - State	-1,037	-1,037
Income Taxes Payable, Net	($1,037)	($1,037)

Property_and_Equipment_Net_Pro

Property and Equipment, Net (Property and Equipment, Net) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	$1,825,110,000	'	$1,823,876,000
Less accumulated depreciation	624,834,000	'	610,942,000
Property and equipment, net	1,200,276,000	'	1,212,934,000
Depreciation expense	14,500,000	15,700,000	'
Land	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	87,301,000	'	87,301,000
Building and Improvements	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	1,417,205,000	'	1,416,432,000
Furniture and Equipment	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	316,293,000	'	314,610,000
Construction in Progress	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	$4,311,000	'	$5,533,000

Accrued_Liabilities_Payables_a

Accrued Liabilities Payables and Accruals (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Payables and Accruals [Abstract]	'	'
Accrued payroll and related	$20,460	$20,736
Accrued interest	5,050	15,840
Accrued gaming liabilities	27,787	25,034
Accrued expenses and other liabilities	43,503	36,485
Total accrued liabilities	$96,800	$98,095

Longterm_Debt_Net_Schedule_of_

Long-term Debt, Net (Schedule of Long-Term Debt) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt Instrument [Line Items]	'	'
Outstanding Principal	$809,250	$813,400
Unamortized Discount	-5,296	-5,577
Unamortized Origination Fees	-6,281	-6,563
Long-Term Debt, Net	797,673	801,260
Current maturities of long-term debt	3,800	3,800
Long-term Debt, Gross, Excluding Current Maturities	805,450	809,600
Long-term debt, net of current maturities	793,873	797,460
Line of Credit | Bank Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Principal	36,700	39,900
Unamortized Discount	0	0
Unamortized Origination Fees	0	0
Long-Term Debt, Net	'	39,900
Secured Debt | Term Loan [Member]	'	'
Debt Instrument [Line Items]	'	'
Outstanding Principal	379,050	380,000
Long-Term Debt, Net	'	376,234
Term Loan [Member] | Term Loan [Member]	'	'
Debt Instrument [Line Items]	'	'
Unamortized Discount	-3,563	-3,766
Unamortized Origination Fees	0	0
Senior Secured Notes [Member] | 9.875% Senior Secured Notes Due 2018	'	'
Debt Instrument [Line Items]	'	'
Outstanding Principal	393,500	393,500
Unamortized Discount	-1,733	-1,811
Unamortized Origination Fees	-6,281	-6,563
Long-Term Debt, Net	'	385,126
9.875% Senior Secured Notes Due 2018 | Senior Secured Notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument, Interest Rate, Stated Percentage	9.88%	9.88%
Borgata Bank Credit Facility Amendment | Line of Credit	'	'
Debt Instrument [Line Items]	'	'
Line of Credit Facility, Interest Rate at Period End	3.86%	3.87%
Borgata Bank Credit Facility Amendment | Line of Credit | Incremental Term Loan [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument, Interest Rate, Effective Percentage	6.75%	6.75%
Carrying Value	'	'
Debt Instrument [Line Items]	'	'
Long-Term Debt, Net	797,673	801,260
Carrying Value | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Line of Credit | Bank Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-Term Debt, Net	36,700	39,900
Carrying Value | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Secured Debt | Incremental Term Loan [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-Term Debt, Net	375,487	376,234
Carrying Value | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Secured Debt | 9.50% Senior Secured Notes Due 2015	'	'
Debt Instrument [Line Items]	'	'
Long-Term Debt, Net	375,487	'
Carrying Value | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Secured Debt | 9.875% Senior Secured Notes Due 2018	'	'
Debt Instrument [Line Items]	'	'
Long-Term Debt, Net	$385,486	$385,126

Longterm_Debt_Net_Bank_Credit_

Long-term Debt, Net (Bank Credit Facility Narrative) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Letter of Credit [Member]	'	'
Debt Instrument [Line Items]	'	'
Line of Credit Facility, Amount Outstanding	$3.20	'
Borgata Bank Credit Facility Amendment | Line of Credit	'	'
Debt Instrument [Line Items]	'	'
Line of Credit Facility, Interest Rate at Period End	3.86%	3.87%
Line of Credit Facility, Amount Outstanding	36.7	'
Line of Credit Facility, Remaining Borrowing Capacity	$20.10	'

Commitments_and_Contingencies_

Commitments and Contingencies Loss Contingencies (Details) (USD $)	12 Months Ended
	Dec. 31, 2009	Dec. 31, 2010	Dec. 31, 2009
	State of New Jersey	Subsidiary, Borgata [Member]	Subsidiary, Borgata [Member]
	Real Estate Tax Expense [Member]	Property Tax Assessment [Member]	Property Tax Assessment [Member]
Loss Contingencies [Line Items]	'	'	'
Loss Contingency, Amount of Tax Assessed by Taxing Authority	$2,300,000,000	'	'
Loss Contingency, Range of Possible Loss, Maximum	'	$870,000,000	$880,000,000

Commitments_and_Contingencies_1

Commitments and Contingencies Gain Contingencies (Details) (Subsidiary, Borgata [Member], Real Estate Tax Expense [Member], USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Subsidiary, Borgata [Member] | Real Estate Tax Expense [Member]	'
Gain Contingencies [Line Items]	'
Gain Contingency, Unrecorded Amount	$48
Gain Contingency, Unrecorded Amount, Interest	$9

Fair_Value_Measurements_Fair_V

Fair Value Measurements (Fair Value Measurement Inputs) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Cash and cash equivalents	$29,001,000	$37,527,000	$36,433,000	$34,125,000
Fair Value, Measurements, Recurring | Level 3	'	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
CRDA deposits	$5,500,000	$4,600,000	'	'

Fair_Value_Measurements_Change

Fair Value Measurements (Changes in Fair Value of Level 3 Assets) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Level 3	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Balance at January 1,	$4,613	$28,464
Settlements	-259	0
Ending balance at March 31,	5,547	29,101
CRDA Deposits [Member]	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Deposits	1,747	1,682
Included in earnings	($554)	($1,045)

Fair_Value_Measurements_Fair_V1

Fair Value Measurements (Fair Value Balance Sheet Grouping) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term Debt	$797,673	$801,260
Outstanding Face Amount	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	809,250	813,400
Carrying Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term Debt	797,673	801,260
Estimated Fair Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	842,166	847,272
Bank Credit Facility [Member] | Line of Credit	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term Debt	'	39,900
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Bank Credit Facility [Member] | Line of Credit | Outstanding Face Amount	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	36,700	39,900
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Bank Credit Facility [Member] | Line of Credit | Carrying Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term Debt	36,700	39,900
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Bank Credit Facility [Member] | Line of Credit | Estimated Fair Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	36,700	39,900
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Incremental Term Loan [Member] | Secured Debt | Outstanding Face Amount	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	379,050	380,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Incremental Term Loan [Member] | Secured Debt | Carrying Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term Debt	375,487	376,234
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Incremental Term Loan [Member] | Secured Debt | Estimated Fair Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	384,421	381,900
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | 9.875% Senior Secured Notes Due 2018 | Secured Debt | Outstanding Face Amount	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	393,500	393,500
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | 9.875% Senior Secured Notes Due 2018 | Secured Debt | Carrying Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term Debt	385,486	385,126
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | 9.875% Senior Secured Notes Due 2018 | Secured Debt | Estimated Fair Value	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Long-term debt, fair value	$421,045	$425,472