Six Flags Entertainment (FUN) 10-Q 4 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 27, 2016	May. 01, 2016
DEI [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 27, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Registrant Name	CEDAR FAIR L P
Entity Central Index Key	811,532
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		56,068,506

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 27, 2016	Dec. 31, 2015	Mar. 29, 2015
Current Assets:
Cash and cash equivalents	$ 64,551	$ 119,557	$ 19,725
Receivables	33,914	29,494	24,125
Inventories	38,455	25,029	37,369
Prepaid advertising	18,929	1,521	18,268
Other current assets	8,989	8,425	8,759
Total current assets	164,838	184,026	108,246
Property and Equipment:
Land	270,534	267,782	270,244
Land improvements	382,791	381,191	370,315
Buildings	650,581	647,514	595,688
Rides and equipment	1,575,003	1,561,234	1,540,227
Construction in progress	87,833	50,962	85,146
Total property and equipment, gross	2,966,742	2,908,683	2,861,620
Less accumulated depreciation	(1,396,588)	(1,393,805)	(1,303,356)
Total property and equipment, net	1,570,154	1,514,878	1,558,264
Goodwill	214,708	210,811	219,883
Other Intangibles, net	36,655	35,895	36,983
Other Assets	17,405	17,410	18,682
Total Assets	2,003,760	1,963,020	1,942,058
Current Liabilities:
Current maturities of long-term debt	4,050	2,475	0
Accounts payable	34,092	17,122	38,265
Deferred revenue	105,256	69,514	92,664
Accrued interest	11,360	9,910	12,056
Accrued taxes	10,563	41,937	10,159
Accrued salaries, wages and benefits	22,441	26,916	26,111
Self-insurance reserves	24,252	23,996	22,785
Current derivative liability	0	0	9,989
Distribution Payable	46,314	0	0
Other accrued liabilities	7,196	6,801	11,486
Total current liabilities	265,524	198,671	223,515
Deferred Tax Liability	138,948	129,763	112,298
Derivative Liability	27,855	22,918	19,252
Other Liabilities	12,388	17,983	15,351
Long-Term Debt:
Long-term Line of Credit, Noncurrent	65,000	0	57,000
Term debt	597,309	598,346	599,145
Notes	938,542	938,330	936,689
Total long-term debt	$ 1,600,851	$ 1,536,676	$ 1,592,834
Commitments and Contingencies
Partners’ Equity:
Special L.P. interests	$ 5,290	$ 5,290	$ 5,290
General partner	0	0	0
Limited partners, 56,069, 56,018 and 55,952 units outstanding at March 27, 2016, December 31, 2015 and March 29, 2015, respectively	(43,361)	48,428	(20,627)
Accumulated other comprehensive income (loss)	(3,735)	3,291	(5,855)
Total partners' equity	(41,806)	57,009	(21,192)
Total Partners' Equity and Liabilities	$ 2,003,760	$ 1,963,020	$ 1,942,058

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Mar. 27, 2016	Dec. 31, 2015	Mar. 29, 2015
Limited partners, units outstanding	56,069	56,018	55,952

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Net revenues:
Admissions	$ 28,660	$ 22,783
Food, merchandise and games	21,767	17,944
Accommodations, extra-charge products and other	8,011	6,090
Total net revenues	58,438	46,817
Costs and expenses:
Cost of food, merchandise, and games revenues	6,237	5,588
Operating expenses	84,604	78,130
Selling, general and administrative	25,612	25,818
Depreciation and amortization	5,191	4,011
Loss on impairment / retirement of fixed assets, net	2,612	2,903
Total costs and expenses	124,256	116,450
Operating loss	(65,818)	(69,633)
Interest expense	19,787	20,532
Net effect of swaps	1,842	(116)
Unrealized/realized foreign currency (gain) loss	(19,561)	38,218
Interest income	(18)	(40)
Loss before taxes	(67,868)	(128,227)
Benefit for taxes	(19,382)	(44,394)
Net loss	(48,486)	(83,833)
Net loss allocated to general partner	0	(1)
Net loss allocated to limited partners	(48,486)	(83,832)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(4,395)	7,214
Unrealized loss on cash flow hedging derivatives	(2,631)	(2,439)
Other comprehensive income (loss), (net of tax)	(7,026)	4,775
Total comprehensive loss	$ (55,512)	$ (79,058)
Basic earnings per limited partner unit:
Weighted average limited partner units outstanding	55,877	55,820
Net loss per limited partner unit	$ (0.87)	$ (1.50)
Diluted earnings per limited partner unit:
Weighted average limited partner units outstanding	55,877	55,820
Net loss per limited partner unit	$ (0.87)	$ (1.50)

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statement of Partners' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Limited Partners [Member]	General Partner [Member]	Special L.P. Interests [Member]	AOCI Attributable to Parent [Member]	Accumulated Translation Adjustment [Member]	Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax						$ (16,566)
Beginning balance, units at Dec. 31, 2014		55,828
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Limited partnership unit options exercised		8
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited		(1)
Issuance of limited partnership units as compensation		117
Ending balance, units at Mar. 29, 2015		55,952
Beginning balance, value at Dec. 31, 2014		$ 101,556	$ 1	$ 5,936
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	$ (83,833)	(83,832)	(1)
Partnership distribution declared ($0.825 and $0.75 per limited partnership unit)		(42,052)
Expense recognized for limited partnership unit options		223
Tax effect of units involved in treasury unit transactions	1,299	(1,299)
Issuance of limited partnership units as compensation		4,777
Period activity, net of tax $2,520 and ($4,147)	7,214					7,214
Period activity, net of tax $464 and $477	(2,439)						$ (2,439)
Ending balance, value at Mar. 29, 2015	(21,192)	$ (20,627)	0	5,290	$ (5,855)	13,150	(19,005)
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax						(19,300)
Beginning balance, units at Dec. 31, 2015		56,018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Limited partnership unit options exercised		7
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited		0
Issuance of limited partnership units as compensation		44
Ending balance, units at Mar. 27, 2016		56,069
Beginning balance, value at Dec. 31, 2015	57,009	$ 48,428	0	22,591
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(48,486)	(48,486)	0
Partnership distribution declared ($0.825 and $0.75 per limited partnership unit)		(46,314)
Expense recognized for limited partnership unit options		5
Tax effect of units involved in treasury unit transactions	1,549	(1,549)
Issuance of limited partnership units as compensation		4,555
Period activity, net of tax $2,520 and ($4,147)	(4,395)					(4,395)
Period activity, net of tax $464 and $477	(2,631)						(2,631)
Ending balance, value at Mar. 27, 2016	$ (41,806)	$ (43,361)	$ 0	$ 5,290	$ (3,735)	$ 18,196	$ (21,931)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statement of Partners' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Total partners' equity	$ (41,806)	$ (21,192)
Foreign currency translation adjustment, tax	2,520	(4,147)
Unrealized loss on cash flow hedging derivatives, tax	$ 464	$ 477
Partnership distribution declared, amount per limited partnership unit	$ 0.825	$ 0.75
Special L.P. Interests [Member]
Total partners' equity	$ 5,290	$ 5,290

Unaudited Condensed Consolidat7

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
CASH FLOWS FOR OPERATING ACTIVITIES
Net loss	$ (48,486)	$ (83,833)
Adjustments to reconcile net loss to net cash from operating activities:
Depreciation and amortization	5,191	4,011
Non-cash foreign currency (gain) loss on debt	(19,812)	37,701
Other non-cash expenses	9,525	9,363
Net change in working capital	(19,917)	(25,208)
Net change in other assets/liabilities	5,657	(2,283)
Net cash for operating activities	(67,842)	(60,249)
CASH FLOWS FOR INVESTING ACTIVITIES
Capital expenditures	(52,221)	(59,730)
Purchase of preferred equity investment	0	(2,000)
Net cash for investing activities	(52,221)	(61,730)
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans	65,000	57,000
Distributions paid to partners	0	(42,052)
Tax effect of units involved in treasury unit transactions	1,549	1,299
Net cash from financing activities	63,451	13,649
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	1,606	(3,785)
CASH AND CASH EQUIVALENTS
Net decrease for the period	(55,006)	(112,115)
Balance, beginning of period	119,557	131,840
Balance, end of period	64,551	19,725
SUPPLEMENTAL INFORMATION
Cash payments for interest expense	18,123	18,343
Interest capitalized	788	945
Cash payments for income taxes, net of refunds	2,834	297
Capital Expenditures Incurred but Not yet Paid	$ 4,809	$ 8,187

Basis of Presentation (Notes)

Basis of Presentation (Notes)	3 Months Ended
	Mar. 27, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements have been prepared from the financial records of Cedar Fair, L.P. (the Partnership) without audit and reflect all adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary to fairly present the results of the interim periods covered in this report. Due to the seasonal nature of the Partnership's amusement and water park operations, the results for any interim period may not be indicative of the results expected for the full fiscal year.

Significant Accounting and Repo

Significant Accounting and Reporting Policies	3 Months Ended
	Mar. 27, 2016
Accounting Policies [Abstract]
Significant Accounting and Reporting Policies	Significant Accounting and Reporting Policies: The Partnership’s unaudited condensed consolidated financial statements for the periods ended March 27, 2016 and March 29, 2015 included in this Form 10-Q report have been prepared in accordance with the accounting policies described in the Notes to Consolidated Financial Statements for the year ended December 31, 2015 , which were included in the Form 10-K filed on February 26, 2016. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the Commission). These financial statements should be read in conjunction with the financial statements and the notes thereto included in the Form 10-K referred to above. Adopted Accounting Pronouncements In April 2015, the FASB issued Accounting Standards Update No. 2015-03, Simplifying the Presentation of Debt Issuance Costs ("ASU 2015-03"). The amendments in ASU 2015-03 require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct reduction from the carrying value of the corresponding debt liability, consistent with debt discounts. This ASU requires retrospective adoption and is effective for annual and interim periods beginning after December 15, 2015. The adoption of ASU 2015-03 did not have an impact on our unaudited condensed consolidated statements of operations or unaudited condensed consolidated statements of cash flows. The impact of the adoption of this guidance resulted in the reclassification of the unamortized debt issuance cost amounts, from other assets to long-term debt on the unaudited condensed consolidated balance sheets for the prior periods, of $19.7 million and $23.0 million at December 31, 2015 and March 29, 2015 , respectively. In November 2015, the FASB issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes ("ASU 2015-17"). The amendments in ASU 2015-17 require that deferred tax assets and liabilities be classified as non-current in the Consolidated Balance Sheet. This ASU is effective for fiscal years beginning after December 15, 2016 and for interim periods within those fiscal years, with early adoption permitted. The guidance may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. We adopted this guidance early and applied retrospective treatment. The impact of the adoption of this guidance resulted in the reclassification of the current deferred tax assets to net against the deferred tax liability on the consolidated balance sheets, which reduced both current deferred tax asset and deferred tax liability for the prior periods by $12.2 million and $40.8 million at December 31, 2015 and March 29, 2015 , respectively. New Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). The amendments in ASU 2014-09 provide for a single, principles-based model for revenue recognition that replaces the existing revenue recognition guidance. ASU 2014-09 is effective for annual and interim periods beginning on or after December 15, 2017 and will replace most existing revenue recognition guidance under U.S. GAAP when it becomes effective. It permits the use of either a retrospective or cumulative effect transition method and early adoption is not permitted. The Partnership has not yet selected a transition method and is in the process of evaluating the effect this standard will have on the consolidated financial statements and related disclosures. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases ("ASU 2016-02"). The amendments in ASU 2016-02 provide that most leases will now be recorded on the balance sheet. ASU 2016-02 is effective for annual and interim periods beginning on or after January 1, 2019 and will replace most existing lease guidance under U.S. GAAP when it becomes effective. It requires a modified transition method for existing leases and the guidance applies to earliest period presented in the financial statements. The Partnership is in the process of evaluating the effect this standard will have on the consolidated financial statements and related disclosures.

Interim Reporting

Interim Reporting	3 Months Ended
	Mar. 27, 2016
Quarterly Financial Information Disclosure [Abstract]
Interim Reporting	Interim Reporting: The Partnership owns and operates eleven amusement parks, three separately gated outdoor water parks, one indoor water park and five hotels. Virtually all of the Partnership’s revenues from its seasonal amusement parks, as well as its outdoor water parks and other seasonal resort facilities, are realized during a 130 - to 140 -day operating period beginning in early May, with the major portion concentrated in the third quarter during the peak vacation months of July and August. Knott's Berry Farm is open daily on a year-round basis. Castaway Bay is generally open daily from Memorial Day to Labor Day, plus a limited daily schedule for the balance of the year. To assure that these highly seasonal operations will not result in misleading comparisons of current and subsequent interim periods, the Partnership has adopted the following accounting and reporting procedures for its seasonal parks: (a) revenues on multi-use products are recognized over the estimated number of uses expected for each type of product and are adjusted periodically during the operating season prior to the ticket or product expiration, which occurs no later than the close of the operating season or December 31 each year, (b) depreciation, advertising and certain seasonal operating costs are expensed during each park’s operating season, including certain costs incurred prior to the season which are amortized over the season, and (c) all other costs are expensed as incurred or ratably over the entire year.

Long-Lived Assets

Long-Lived Assets	3 Months Ended
	Mar. 27, 2016
Property, Plant and Equipment [Abstract]
Long-Lived Assets	Long-Lived Assets: Long-lived assets are reviewed for impairment upon the occurrence of events or changes in circumstances that would indicate that the carrying value of the assets may not be recoverable. In order to determine if an asset has been impaired, assets are grouped and tested at the lowest level for which identifiable, independent cash flows are available. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include, among others: a significant decline in expected future cash flows; a sustained, significant decline in equity price and market capitalization; a significant adverse change in legal factors or in the business climate; unanticipated competition; and slower growth rates. Any adverse change in these factors could have a significant impact on the recoverability of these assets and could have a material impact on our consolidated financial statements. The long-lived operating asset impairment test involves a two-step process. The first step is a comparison of each asset group's carrying value to its estimated undiscounted future cash flows expected to result from the use of the assets, including disposition. Projected future cash flows reflect management's best estimates of economic and market conditions over the projected period, including growth rates in revenues and costs, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates and future estimates of capital expenditures. If the carrying value of the asset group is higher than its undiscounted future cash flows, there is an indication that impairment exists and the second step must be performed to measure the amount of impairment loss. The amount of impairment is determined by comparing the implied fair value of the asset group to its carrying value in a manner consistent with the highest and best use of those assets. The Partnership estimates fair value of operating assets using an income, market, and/or cost approach. The income approach uses an asset group's projection of estimated operating results and cash flows that is discounted using a weighted-average cost of capital reflective of current market conditions. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The cost approach is based on the amount currently required to replace the service capacity of an asset adjusted for obsolescence. If the implied fair value of the assets is less than their carrying value, an impairment charge is recorded for the difference. Non-operating assets are evaluated for impairment based on changes in market conditions. When changes in market conditions are observed, impairment is estimated using a market-based approach. If the estimated fair value of the non-operating assets is less than their carrying value, an impairment charge is recorded for the difference.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 27, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets: In accordance with the applicable accounting rules, goodwill is not amortized, but, along with indefinite-lived trade-names, is evaluated for impairment on an annual basis or more frequently if indicators of impairment exist. As of March 27, 2016 , there were no indicators of impairment. The Partnership's annual testing date is the first day of the fourth quarter. There were no impairments for any period presented. A summary of changes in the Partnership’s carrying value of goodwill for the three months ended March 27, 2016 and March 29, 2015 is as follows: (In thousands) Goodwill (gross) Accumulated Impairment Losses Goodwill (net) Balance at December 31, 2015 $ 290,679 $ (79,868 ) $ 210,811 Foreign currency translation 3,897 — 3,897 Balance at March 27, 2016 $ 294,576 $ (79,868 ) $ 214,708 Balance at December 31, 2014 $ 308,159 $ (79,868 ) $ 228,291 Foreign currency translation (8,408 ) — (8,408 ) Balance at March 29, 2015 $ 299,751 $ (79,868 ) $ 219,883 At March 27, 2016 , December 31, 2015, and March 29, 2015 the Partnership’s other intangible assets consisted of the following: March 27, 2016 Gross Carrying Amount Accumulated Amortization Net Carrying Value (In thousands) Other intangible assets: Trade names $ 35,760 $ — $ 35,760 License / franchise agreements 1,444 549 895 Total other intangible assets $ 37,204 $ 549 $ 36,655 December 31, 2015 (In thousands) Other intangible assets: Trade names $ 35,208 $ — $ 35,208 License / franchise agreements 1,067 380 687 Total other intangible assets $ 36,275 $ 380 $ 35,895 March 29, 2015 (In thousands) Other intangible assets: Trade names $ 36,492 $ — $ 36,492 License / franchise agreements 816 325 491 Total other intangible assets $ 37,308 $ 325 $ 36,983 Amortization expense of other intangible assets is expected to be immaterial going forward.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 27, 2016
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt: Long-term debt as of March 27, 2016, December 31, 2015, and March 29, 2015: ($'s in thousands) March 27, 2016 December 31, 2015 March 29, 2015 Revolving credit facility (due 2018) $ 65,000 $ — $ 57,000 Term debt (1) March 2013 U.S. term loan averaging 3.25% (due 2013-2020) 608,850 608,850 608,850 Notes June 2014 U.S. fixed rate note at 5.375% (due 2024) 450,000 450,000 450,000 March 2013 U.S. fixed rate note at 5.25% (due 2021) 500,000 500,000 500,000 1,623,850 1,558,850 1,615,850 Less: current portion 4,050 2,475 — 1,619,800 1,556,375 1,615,850 Less: deferred financing fees 18,949 19,699 23,016 $ 1,600,851 $ 1,536,676 $ 1,592,834 (1) The average interest rate does not reflect the effect of interest rate swap agreements (see Note 6). In June of 2014, the Partnership issued $450 million of 5.375% senior unsecured notes ("June 2014 notes"), maturing in 2024 . The net proceeds from the offering of the June 2014 notes were used to redeem in full all of the Partnership’s $405 million of 9.125% July 2010 senior unsecured notes that were scheduled to mature in 2018 (and which included $5.6 million of Original Issue Discount ("OID") to yield 9.375% ), to satisfy and discharge the indenture governing the notes that were redeemed and for general corporate purposes. The Partnership's June 2014 notes pay interest semi-annually in June and December, with the principal due in full on June 1, 2024. Prior to June 1, 2017, up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at a price equal to 105.375% together with accrued and unpaid interest. The notes may be redeemed, in whole or in part, at any time prior to June 1, 2019 at a price equal to 100% of the principal amount of the notes redeemed plus a “make-whole” premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. In March 2013, the Partnership issued $500 million of 5.25% senior unsecured notes ("March 2013 notes"), maturing in 2021. The Partnership's March 2013 notes pay interest semi-annually in March and September, with the principal due in full on March 15, 2021 . The notes may be redeemed, in whole or in part, at any time prior to March 15, 2017 at a price equal to 103.938% of the principal amount of the notes redeemed, together with accrued and unpaid interest, if any, to the redemption date. The notes may be redeemed after this date, in whole or in part, at various prices depending on the date redeemed. Concurrently with this offering, the Partnership entered into a new $885 million credit agreement (the "2013 Credit Agreement"), which included a $630 million senior secured term loan facility and a $255 million senior secured revolving credit facility. The terms of the senior secured term loan facility include a maturity date of March 6, 2020 and an interest rate of LIBOR ("London InterBank Offering Rate") plus 250 bps with a LIBOR floor of 75 bps. The term loan amortizes at $6.3 million annually and allows interest to be paid on a 30-, 60-, or 90-day basis. The Partnership is currently paying interest on a 30-day basis. The net proceeds from the notes and borrowings under the 2013 Credit Agreement were used to repay in full all amounts outstanding under the previous credit facilities. The facilities provided under the 2013 Credit Agreement are collateralized by substantially all of the assets of the Partnership. Terms of the 2013 Credit Agreement include a revolving credit facility of a combined $255 million . Under the 2013 Credit Agreement, the Canadian portion of the revolving credit facility has a sub-limit of $15 million . U.S. denominated and Canadian denominated loans made under the revolving credit facility bear interest at a rate of LIBOR plus 225 bps (with no LIBOR floor). The revolving credit facility is scheduled to mature in March 2018 and also provides for the issuance of documentary and standby letters of credit. The 2013 Credit Agreement requires the Partnership to pay a commitment fee of 38 bps per annum on the unused portion of the credit facilities. The 2013 Credit Agreement includes two Financial Condition Covenants, which if breached for any reason and not cured, could result in an event of default. At the end of the first quarter of 2016, the first of these, the Consolidated Leverage Ratio, was set at a maximum of 5.75 x consolidated total debt (excluding the revolving debt)-to-consolidated EBITDA. This required ratio decreased by 0.25 x at the beginning of the second quarter of 2015 and will decrease each second quarter until it reaches 5.25 x. The second of these required ratios, the Consolidated Fixed Charge Coverage Ratio, is set at a minimum of 1.1 x (consolidated total fixed charges-to-consolidated EBITDA). As of March 27, 2016 , the Partnership was in compliance with these Financial Condition Covenants and all other covenants under the 2013 Credit Agreement. The Partnership is allowed to make Restricted Payments, as defined in the 2013 Credit Agreement, of up to $60 million annually, so long as no default or event of default has occurred and is continuing and so long as the Partnership would be in compliance with certain financial ratios after giving effect to the payments. Additional Restricted Payments are allowed to be made based on an Excess-Cash-Flow formula, should the Partnership’s pro-forma Consolidated Leverage Ratio be less than or equal to 5.00 x. Pursuant to the terms of the indentures governing the Partnership's June 2014 and March 2013 notes, the Partnership can make Restricted Payments of $60 million annually so long as no default or event of default has occurred and is continuing, and our ability to make additional Restricted Payments in 2016 and beyond is permitted should the Partnership's pro forma Total-Indebtedness-to-Consolidated-Cash-Flow Ratio be less than or equal to 5.00 x. As market conditions warrant, the Partnership may from time to time repurchase debt securities issued by the Partnership, in privately negotiated or open market transactions, by tender offer, exchange offer or otherwise.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 27, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments: Derivative financial instruments are used within the Partnership’s overall risk management program to manage interest rate risk. By utilizing a derivative instrument to hedge our exposure to LIBOR rate changes, the Partnership is exposed to counterparty credit risk, in particular the failure of the counterparty to perform under the terms of the derivative contract. To mitigate this risk, hedging instruments are placed with a counterparty that the Partnership believes poses minimal credit risk. The Partnership does not use derivative financial instruments for trading purposes. In the first quarter of 2016, the Partnership amended each of its four interest rate swap agreements to extend each of the maturities by two years to December 31, 2020, and to fix LIBOR at a rate of 2.64% . As a result of the amendments, the previously existing interest rate swap agreements were de-designated and the amounts recorded in AOCI will be amortized into earnings through the original December 2018 maturity. The newly amended interest rate swap agreements are not designated as hedging instruments. There were no other changes to the terms of the agreements beyond those disclosed. Fair Value of Derivative Instruments and the Classification in Condensed Consolidated Balance Sheet: (In thousands) Condensed Consolidated Balance Sheet Location Fair Value as of Fair Value as of Fair Value as of March 27, 2016 December 31, 2015 March 29, 2015 Derivatives designated as hedging instruments: Interest rate swaps Derivative Liability $ — $ (22,918 ) $ (19,252 ) Total derivatives designated as hedging instruments $ — $ (22,918 ) $ (19,252 ) Derivatives not designated as hedging instruments: Interest rate swaps Current Derivative Liability $ — $ — $ (9,989 ) Interest rate swaps Derivative Liability $ (27,855 ) $ — $ — Total derivatives not designated as hedging instruments $ (27,855 ) $ — $ (9,989 ) Net derivative liability $ (27,855 ) $ (22,918 ) $ (29,241 ) Derivatives Designated as Hedging Instruments Changes in fair value of highly effective hedges are recorded as a component of accumulated other comprehensive income in the consolidated balance sheets. Any ineffectiveness is recognized immediately in income. Amounts recorded as a component of accumulated other comprehensive income are reclassified into earnings in the same period the forecasted transactions affect earnings. As a result of the first quarter of 2016 amendments, the previously existing interest rate swap agreements were de-designated and the newly amended interest rate swap agreements are not designated as hedging instruments. As of March 27, 2016 we have no designated derivatives and thus no amounts for designated derivatives that are forecasted to be reclassified into earnings in the next twelve months. Derivatives Not Designated as Hedging Instruments Certain interest rate swap contracts were deemed ineffective in prior years and no longer qualified for hedge accounting. As a result of discontinued hedge accounting, the instruments are prospectively adjusted to fair value each reporting period through "Net effect of swaps" on the consolidated statements of operations and comprehensive income. The amounts that were previously recorded as a component of accumulated other comprehensive income prior to the de-designation are reclassified to earnings and a corresponding realized gain or loss will be recognized when the forecasted cash flow occurs. As a result of the first quarter 2016 amendments, the previously existing interest rate swap agreements were de-designated and the amounts previously recorded in AOCI will be amortized into earnings through the original December 2018 maturity. As of March 27, 2016 , approximately $26.0 million of losses remain in accumulated comprehensive income related to the effective cash flow hedge contracts prior to de-designation, $9.5 million of which will be reclassified to earnings within the next twelve months. Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the three-month periods ended March 27, 2016 and March 29, 2015 : ($'s in thousands): Amount of (Loss) Amount and Location of (Loss) Amount and Location of Gain (Loss) Recognized in Income on Derivatives Designated Derivatives Three months ended 3/27/2016 Three months ended 3/29/2015 Designated Derivatives Three months ended 3/27/2016 Three months ended 3/29/2015 Derivatives Not Designated Three months ended 3/27/2016 Three months ended 3/29/2015 Interest rate swaps $ (4,671 ) $ (4,602 ) Interest Expense $ (851 ) $ — Net effect of swaps $ (265 ) $ 1,802 During the quarter ended March 27, 2016 , the Partnership recognized $0.3 million in income for the loss on the derivatives not designated as cash flow hedges and $1.6 million of expense representing the regular amortization of amounts in AOCI. The effect of these amounts resulted in a charge to earnings of $1.8 million recorded in “Net effect of swaps.” During the quarter ended March 29, 2015 , the Partnership recognized $1.8 million in income for the gain on the derivatives not designated as cash flow hedges and $1.7 million of expense representing the amortization of amounts in AOCI. The effect of these amounts resulted in a benefit to earnings of $0.1 million recorded in “Net effect of swaps.”

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 27, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements: The FASB Accounting Standards Codification (ASC) relating to fair value measurements emphasizes that fair value is a market-based measurement that should be determined based on assumptions (inputs) that market participants would use in pricing an asset or liability. Inputs may be observable or unobservable, and valuation techniques used to measure fair value should maximize the use of relevant observable inputs and minimize the use of unobservable inputs. Accordingly, the FASB’s ASC establishes a hierarchal disclosure framework that ranks the quality and reliability of information used to determine fair values. The hierarchy is associated with the level of pricing observability utilized in measuring fair value and defines three levels of inputs to the fair value measurement process. Quoted prices are the most reliable valuation inputs, whereas model values that include inputs based on unobservable data are the least reliable. Each fair value measurement must be assigned to a level corresponding to the lowest level input that is significant to the fair value measurement in its entirety. The three broad levels of inputs defined by the fair value hierarchy are as follows: • Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. • Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The table below presents the balances of assets and liabilities measured at fair value as of March 27, 2016 , December 31, 2015, and March 29, 2015 on a recurring basis as well as the fair values of other financial instruments: (In thousands) Condensed Consolidated Fair Value March 27, 2016 December 31, 2015 March 29, 2015 Balance Sheet Location Hierarchy Level Carrying Value Fair Value Carrying Value Fair Value Carrying Value Fair Value Financial assets (liabilities) measured on a recurring basis: Interest rate swap agreements not designated as cash flow hedges Current derivative liability Level 2 — — — — (9,989 ) (9,989 ) Interest rate swap agreements not designated as cash flow hedges Derivative Liability Level 2 (27,855 ) (27,855 ) — — — — Interest rate swap agreements designated as cash flow hedges Derivative Liability Level 2 — — (22,918 ) (22,918 ) (19,252 ) (19,252 ) Other financial assets (liabilities): Term debt Long-Term Debt (1) Level 2 (604,800 ) (604,800 ) (606,375 ) (605,806 ) (608,850 ) (610,372 ) March 2013 notes Long-Term Debt (1) Level 1 (500,000 ) (518,750 ) (500,000 ) (501,250 ) (500,000 ) (513,750 ) June 2014 notes Long-Term Debt (1) (2) (450,000 ) (464,625 ) (450,000 ) (451,125 ) (450,000 ) (460,125 ) (1) Carrying values of Long-Term debt balances are before reductions for deferred financing fee amounts of $18.9 million , $19.7 million , and $23.0 million as of March 27, 2016, December 31, 2015, and March 29, 2015. (2) The June 2014 notes were based on Level 1 inputs as of both March 27, 2016 and December 31, 2015 and Level 2 inputs as of March 29, 2015. Fair values of the interest rate swap agreements are determined using significant inputs, including the LIBOR forward curves, which are considered Level 2 observable market inputs. In addition, the Partnership considered the effect of its credit and non-performance risk on the fair values provided, and recognized an adjustment decreasing the net derivative liability by approximately $1.1 million as of March 27, 2016 , $0.8 million as of December 31, 2015, and $0.6 million as of March 29, 2015 . The carrying value of cash and cash equivalents, revolving credit loans, accounts receivable, current portion of term debt, accounts payable, and accrued liabilities approximates fair value because of the short maturity of these instruments. There were no assets measured at fair value on a non-recurring basis at March 27, 2016 , December 31, 2015, or March 29, 2015 .

Earnings per Unit

Earnings per Unit	3 Months Ended
	Mar. 27, 2016
Earnings Per Unit [Abstract]
Earnings Per Unit	Earnings per Unit: Net loss per limited partner unit is calculated based on the following unit amounts: Three months ended 3/27/2016 3/29/2015 (In thousands except per unit amounts) Basic weighted average units outstanding 55,877 55,820 Diluted weighted average units outstanding 55,877 55,820 Net loss per unit - basic $ (0.87 ) $ (1.50 ) Net loss per unit - diluted $ (0.87 ) $ (1.50 )

Income and Partnership Taxes

Income and Partnership Taxes	3 Months Ended
	Mar. 27, 2016
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income and Partnership Taxes	Income and Partnership Taxes: Under the applicable accounting rules, income taxes are recognized for the amount of taxes payable by the Partnership’s corporate subsidiaries for the current year and for the impact of deferred tax assets and liabilities, which represent future tax consequences of events that have been recognized differently in the financial statements than for tax purposes. The income tax provision (benefit) for interim periods is determined by applying an estimated annual effective tax rate to the quarterly income (loss) of the Partnership’s corporate subsidiaries. In addition to income taxes on its corporate subsidiaries, the Partnership is subject to a publicly traded partnership tax (PTP tax) on partnership-level gross income (net revenues less cost of food, merchandise and games). As such, the Partnership’s total provision (benefit) for taxes includes amounts for both the PTP tax and for income taxes on its corporate subsidiaries. As of the first quarter of 2016, the Partnership has recorded $1.1 million of unrecognized tax benefits including interest and/or penalties related to state and local tax filing positions. The Partnership recognizes interest and/or penalties related to unrecognized tax benefits in the income tax provision. The Partnership does not anticipate that the balance of the unrecognized tax benefit will change significantly over the next 12 months.

Contingencies

Contingencies	3 Months Ended
	Mar. 27, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies: The Partnership is a party to a number of lawsuits arising in the normal course of business. In the opinion of management, none of these matters are expected to have a material effect in the aggregate on the Partnership's financial statements.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income by Component	3 Months Ended
	Mar. 27, 2016
Equity [Abstract]
Changes in Accumulated Other Comprehensive Income by Component	Changes in Accumulated Other Comprehensive Income by Component: The following tables reflect the changes in Accumulated Other Comprehensive Income related to limited partners' equity for the three-month periods ended March 27, 2016 and March 29, 2015 : Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Items Total Balance at December 31, 2015 $ (19,300 ) $ 22,591 $ 3,291 Other comprehensive income before reclassifications, net of tax $711 and $2,520, respectively (3,960 ) (4,395 ) (8,355 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($247) (2) 1,329 — 1,329 Net other comprehensive income (2,631 ) (4,395 ) (7,026 ) Balance at March 27, 2016 $ (21,931 ) $ 18,196 $ (3,735 ) Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Items Total Balance at December 31, 2014 $ (16,566 ) $ 5,936 $ (10,630 ) Other comprehensive income before reclassifications, net of tax $701 and ($4,147), respectively (3,901 ) 7,214 3,313 Amounts reclassified from accumulated other comprehensive income, net of tax ($224) (2) 1,462 — 1,462 Net other comprehensive income (2,439 ) 7,214 4,775 Balance at March 29, 2015 $ (19,005 ) $ 13,150 $ (5,855 ) Reclassifications Out of Accumulated Other Comprehensive Income (1) (In thousands) Details about Accumulated Other Comprehensive Income Components Amount Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented Gains and losses on cash flow hedges Three months ended 3/27/16 Three months ended 3/29/15 Interest rate contracts $ 1,576 $ 1,686 Net effect of swaps Provision for taxes (247 ) (224 ) Provision for taxes $ 1,329 $ 1,462 (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details.

Consolidating Financial Informa

Consolidating Financial Information of Guarantors and Issuers	3 Months Ended
	Mar. 27, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Consolidating Financial Information of Guarantors and Issuers	Consolidating Financial Information of Guarantors and Issuers: Cedar Fair, L.P., Canada's Wonderland Company ("Cedar Canada"), and Magnum Management Corporation ("Magnum") are the co-issuers of the Partnership's June 2014 and March 2013 notes (see Note 5). The notes have been fully and unconditionally guaranteed, on a joint and several basis, by each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum) that guarantees the Partnership's senior secured credit facilities. There are no non-guarantor subsidiaries. The following consolidating schedules present condensed financial information for Cedar Fair, L.P., Cedar Canada, and Magnum, the co-issuers, and each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum), the guarantors (on a combined basis), as of March 27, 2016 , December 31, 2015, and March 29, 2015 and for the three-month periods ended March 27, 2016 and March 29, 2015 . In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, the Partnership has included the accompanying condensed consolidating financial statements. CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 27, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 38,251 $ 28,203 $ (1,903 ) $ 64,551 Receivables 18 2,192 20,709 488,005 (477,010 ) 33,914 Inventories — 131 1,920 36,404 — 38,455 Other current assets 77 26,642 2,097 25,153 (26,051 ) 27,918 95 28,965 62,977 577,765 (504,964 ) 164,838 Property and Equipment (net) — 5,584 186,379 1,378,191 — 1,570,154 Investment in Park 699,382 904,557 176,055 24,194 (1,804,188 ) — Goodwill 674 — 94,428 119,606 — 214,708 Other Intangibles, net — — 13,384 23,271 — 36,655 Deferred Tax Asset — 2,920 — — (2,920 ) — Other Assets — 14,413 219 2,773 — 17,405 $ 700,151 $ 956,439 $ 533,442 $ 2,125,800 $ (2,312,072 ) $ 2,003,760 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 1,649 $ 93 $ 2,308 $ — $ 4,050 Accounts payable 317,035 161,288 1,839 32,189 (478,259 ) 34,092 Deferred revenue — 139 6,313 98,804 — 105,256 Accrued interest 1,290 1,303 7,853 914 — 11,360 Accrued taxes 1,935 — 1,810 32,869 (26,051 ) 10,563 Accrued salaries, wages and benefits — 21,805 636 — — 22,441 Self-insurance reserves — 11,417 1,426 11,409 — 24,252 Distribution payable 46,968 — — — (654 ) 46,314 Other accrued liabilities 1,438 1,125 190 4,443 — 7,196 368,666 198,726 20,160 182,936 (504,964 ) 265,524 Deferred Tax Liability — — 20,003 121,865 (2,920 ) 138,948 Derivative Liability 16,713 11,142 — — — 27,855 Other Liabilities — 1,232 — 11,156 — 12,388 Long-Term Debt: Revolving credit loans 65,000 — — — — 65,000 Term debt — 243,628 13,660 340,021 — 597,309 Notes 291,578 202,794 444,170 — — 938,542 356,578 446,422 457,830 340,021 — 1,600,851 Equity (41,806 ) 298,917 35,449 1,469,822 (1,804,188 ) (41,806 ) $ 700,151 $ 956,439 $ 533,442 $ 2,125,800 $ (2,312,072 ) $ 2,003,760 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ 77,007 $ — $ 39,106 $ 3,444 $ — $ 119,557 Receivables — 1,292 27,788 547,361 (546,947 ) 29,494 Inventories — 121 1,222 23,686 — 25,029 Other current assets 188 1,261 1,332 8,781 (1,616 ) 9,946 77,195 2,674 69,448 583,272 (548,563 ) 184,026 Property and Equipment (net) — 5,593 176,390 1,332,895 — 1,514,878 Investment in Park 724,592 911,910 179,529 27,862 (1,843,893 ) — Goodwill 674 — 90,531 119,606 — 210,811 Other Intangibles, net — — 12,832 23,063 — 35,895 Deferred Tax Asset — 14,080 — — (14,080 ) — Other Assets — 14,414 210 2,786 — 17,410 $ 802,461 $ 948,671 $ 528,940 $ 2,089,484 $ (2,406,536 ) $ 1,963,020 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 1,008 $ 57 $ 1,410 $ — 2,475 Accounts payable 433,621 115,135 810 14,503 (546,947 ) 17,122 Deferred revenue — 85 4,397 65,032 — 69,514 Accrued interest 4,602 3,221 2,056 31 — 9,910 Accrued taxes 1,066 — — 42,487 (1,616 ) 41,937 Accrued salaries, wages and benefits — 22,166 1,026 3,724 — 26,916 Self-insurance reserves — 7,437 1,400 15,159 23,996 Other accrued liabilities 1,355 1,531 167 3,748 — 6,801 440,644 150,583 9,913 146,094 (548,563 ) 198,671 Deferred Tax Liability — — 21,979 121,864 (14,080 ) 129,763 Derivative Liability 13,396 9,522 — — — 22,918 Other Liabilities — 6,705 — 11,278 — 17,983 Long-Term Debt: Term debt — 244,101 13,691 340,554 — 598,346 Notes 291,412 202,679 444,239 — — 938,330 291,412 446,780 457,930 340,554 — 1,536,676 Equity 57,009 335,081 39,118 1,469,694 (1,843,893 ) 57,009 $ 802,461 $ 948,671 $ 528,940 $ 2,089,484 $ (2,406,536 ) $ 1,963,020 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 29, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 14,881 $ 4,844 $ — $ 19,725 Receivables 1 89,060 115,830 546,424 (727,190 ) 24,125 Inventories — 152 2,070 35,147 — 37,369 Other current assets 80 369 2,382 24,196 — 27,027 81 89,581 135,163 610,611 (727,190 ) 108,246 Property and Equipment (net) — 5,621 202,853 1,349,790 — 1,558,264 Investment in Park 622,008 765,178 160,401 11,776 (1,559,363 ) — Goodwill 674 — 99,603 119,606 — 219,883 Other Intangibles, net — — 14,119 22,864 — 36,983 Deferred Tax Asset — 60,326 — — (60,326 ) — Other Assets — 14,431 349 3,902 — 18,682 $ 622,763 $ 935,137 $ 612,488 $ 2,118,549 $ (2,346,879 ) $ 1,942,058 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 274,612 $ 199,361 $ 2,424 $ 289,058 $ (727,190 ) $ 38,265 Deferred revenue — 92 6,077 86,495 — 92,664 Accrued interest 1,595 1,526 7,943 992 — 12,056 Accrued taxes 1,792 503 749 7,115 — 10,159 Accrued salaries, wages and benefits — 21,608 771 3,732 — 26,111 Self-insurance reserves — 8,031 1,413 13,341 — 22,785 Current derivative liability 5,980 4,009 — — — 9,989 Other accrued liabilities 864 3,365 99 7,158 — 11,486 284,843 238,495 19,476 407,891 (727,190 ) 223,515 Deferred Tax Liability — — 49,021 123,603 (60,326 ) 112,298 Derivative Liability 11,197 8,055 — — — 19,252 Other Liabilities — 3,707 — 11,644 — 15,351 Long-Term Debt: Revolving credit loans 57,000 — — — — 57,000 Term debt — 244,603 13,676 340,866 — 599,145 Notes 290,915 202,333 443,441 — — 936,689 347,915 446,936 457,117 340,866 — 1,592,834 Equity (21,192 ) 237,944 86,874 1,234,545 (1,559,363 ) (21,192 ) $ 622,763 $ 935,137 $ 612,488 $ 2,118,549 $ (2,346,879 ) $ 1,942,058 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 27, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (2,500 ) $ 7,841 $ 119 $ 58,317 $ (5,339 ) $ 58,438 Costs and expenses: Cost of food, merchandise, and games revenues — — (2 ) 6,239 — 6,237 Operating expenses 10 39,978 5,277 44,678 (5,339 ) 84,604 Selling, general and administrative 894 13,186 763 10,769 — 25,612 Depreciation and amortization — 9 — 5,182 — 5,191 Loss on impairment / retirement of fixed assets, net — — 21 2,591 — 2,612 904 53,173 6,059 69,459 (5,339 ) 124,256 Operating loss (3,404 ) (45,332 ) (5,940 ) (11,142 ) — (65,818 ) Interest expense (income), net 8,038 6,445 6,036 (750 ) — 19,769 Net effect of swaps 1,442 400 — — — 1,842 Unrealized / realized foreign currency gain — — (19,561 ) — — (19,561 ) Other (income) expense 62 (19,371 ) 874 18,435 — — (Income) loss from investment in affiliates 34,681 14,144 3,475 (725 ) (51,575 ) — Income (loss) before taxes (47,627 ) (46,950 ) 3,236 (28,102 ) 51,575 (67,868 ) Provision (benefit) for taxes 859 (12,270 ) 2,510 (10,481 ) — (19,382 ) Net income (loss) $ (48,486 ) $ (34,680 ) $ 726 $ (17,621 ) $ 51,575 $ (48,486 ) Other comprehensive income (loss), (net of tax): Cumulative foreign currency translation adjustment (4,395 ) — (4,395 ) — 4,395 (4,395 ) Unrealized loss on cash flow hedging derivatives (2,631 ) (756 ) — — 756 (2,631 ) Other comprehensive loss, (net of tax) (7,026 ) (756 ) (4,395 ) — 5,151 (7,026 ) Total comprehensive loss $ (55,512 ) $ (35,436 ) $ (3,669 ) $ (17,621 ) $ 56,726 $ (55,512 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 29, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (1,383 ) $ 4,020 $ 78 $ 46,737 $ (2,635 ) $ 46,817 Costs and expenses: Cost of food, merchandise, and games revenues — — — 5,588 — 5,588 Operating expenses 134 23,057 4,971 52,603 (2,635 ) 78,130 Selling, general and administrative 799 13,275 1,743 10,001 — 25,818 Depreciation and amortization — 9 — 4,002 — 4,011 Loss on impairment / retirement of fixed assets, net — — — 2,903 — 2,903 933 36,341 6,714 75,097 (2,635 ) 116,450 Operating loss (2,316 ) (32,321 ) (6,636 ) (28,360 ) — (69,633 ) Interest expense (income), net 7,836 6,837 6,120 (301 ) — 20,492 Net effect of swaps 14 (130 ) — — — (116 ) Unrealized / realized foreign currency gain — — 38,218 — — 38,218 Other (income) expense 188 (4,816 ) 1,046 3,582 — — Loss from investment in affiliates 72,786 51,745 3,503 35,489 (163,523 ) — Loss before taxes (83,140 ) (85,957 ) (55,523 ) (67,130 ) 163,523 (128,227 ) Provision (benefit) for taxes 693 (13,172 ) (20,024 ) (11,891 ) — (44,394 ) Net income (loss) $ (83,833 ) $ (72,785 ) $ (35,499 ) $ (55,239 ) $ 163,523 $ (83,833 ) Other comprehensive income (loss), (net of tax): Cumulative foreign currency translation adjustment 7,214 — 7,214 — (7,214 ) 7,214 Unrealized loss on cash flow hedging derivatives (2,439 ) (777 ) — — 777 (2,439 ) Other comprehensive income (loss), (net of tax) 4,775 (777 ) 7,214 — (6,437 ) 4,775 Total comprehensive loss $ (79,058 ) $ (73,562 ) $ (28,285 ) $ (55,239 ) $ 157,086 $ (79,058 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 27, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ (25,319 ) $ (52,051 ) $ (214 ) $ 11,645 $ (1,903 ) $ (67,842 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — 63,088 (63,088 ) — Capital expenditures — — (2,247 ) (49,974 ) — (52,221 ) Net cash from (for) investing activities — — (2,247 ) 13,114 (63,088 ) (52,221 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Net borrowings on revolving credit loans 65,000 — — — — 65,000 Intercompany payables (payments) receipts (116,688 ) 53,600 — — 63,088 — Tax effect of units involved in treasury unit transactions — (1,549 ) — — — (1,549 ) Net cash from (for) financing activities (51,688 ) 52,051 — — 63,088 63,451 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 1,606 — — 1,606 CASH AND CASH EQUIVALENTS Net increase (decrease) for the period (77,007 ) — (855 ) 24,759 (1,903 ) (55,006 ) Balance, beginning of period 77,007 — 39,106 3,444 — 119,557 Balance, end of period $ — $ — $ 38,251 $ 28,203 $ (1,903 ) $ 64,551 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 29, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING $ (17,967 ) $ (44,980 ) $ (6,910 ) $ 10,174 $ (566 ) $ (60,249 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — (10,594 ) 46,961 (36,367 ) — Purchase of preferred equity investment — (2,000 ) — — — (2,000 ) Capital expenditures — — (1,500 ) (58,230 ) — (59,730 ) Net cash from (for) investing activities — (2,000 ) (12,094 ) (11,269 ) (36,367 ) (61,730 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Net borrowings on revolving credit loans 57,000 — — — — 57,000 Distributions paid (42,618 ) — — — 566 (42,052 ) Intercompany payables (payments) receipts (76,415 ) 47,897 (7,849 ) — 36,367 — Tax effect of units involved in treasury unit transactions — (1,299 ) — — — (1,299 ) Net cash from (for) financing activities (62,033 ) 46,598 (7,849 ) — 36,933 13,649 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — (3,785 ) — — (3,785 ) CASH AND CASH EQUIVALENTS Net increase (decrease) for the period (80,000 ) (382 ) (30,638 ) (1,095 ) — (112,115 ) Balance, beginning of period 80,000 382 45,519 5,939 — 131,840 Balance, end of period $ — $ — $ 14,881 $ 4,844 $ — $ 19,725

Goodwill and Other Intangible21

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 27, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of changes in Partnership's carrying value of goodwill	A summary of changes in the Partnership’s carrying value of goodwill for the three months ended March 27, 2016 and March 29, 2015 is as follows: (In thousands) Goodwill (gross) Accumulated Impairment Losses Goodwill (net) Balance at December 31, 2015 $ 290,679 $ (79,868 ) $ 210,811 Foreign currency translation 3,897 — 3,897 Balance at March 27, 2016 $ 294,576 $ (79,868 ) $ 214,708 Balance at December 31, 2014 $ 308,159 $ (79,868 ) $ 228,291 Foreign currency translation (8,408 ) — (8,408 ) Balance at March 29, 2015 $ 299,751 $ (79,868 ) $ 219,883
Partnership's other intangible assets	At March 27, 2016 , December 31, 2015, and March 29, 2015 the Partnership’s other intangible assets consisted of the following: March 27, 2016 Gross Carrying Amount Accumulated Amortization Net Carrying Value (In thousands) Other intangible assets: Trade names $ 35,760 $ — $ 35,760 License / franchise agreements 1,444 549 895 Total other intangible assets $ 37,204 $ 549 $ 36,655 December 31, 2015 (In thousands) Other intangible assets: Trade names $ 35,208 $ — $ 35,208 License / franchise agreements 1,067 380 687 Total other intangible assets $ 36,275 $ 380 $ 35,895 March 29, 2015 (In thousands) Other intangible assets: Trade names $ 36,492 $ — $ 36,492 License / franchise agreements 816 325 491 Total other intangible assets $ 37,308 $ 325 $ 36,983

Long-Term Debt Long term debt t

Long-Term Debt Long term debt table (Tables)	3 Months Ended
	Mar. 27, 2016
Debt Instrument [Line Items]
Debt Disclosure [Text Block]	($'s in thousands) March 27, 2016 December 31, 2015 March 29, 2015 Revolving credit facility (due 2018) $ 65,000 $ — $ 57,000 Term debt (1) March 2013 U.S. term loan averaging 3.25% (due 2013-2020) 608,850 608,850 608,850 Notes June 2014 U.S. fixed rate note at 5.375% (due 2024) 450,000 450,000 450,000 March 2013 U.S. fixed rate note at 5.25% (due 2021) 500,000 500,000 500,000 1,623,850 1,558,850 1,615,850 Less: current portion 4,050 2,475 — 1,619,800 1,556,375 1,615,850 Less: deferred financing fees 18,949 19,699 23,016 $ 1,600,851 $ 1,536,676 $ 1,592,834

Derivative Financial Instrume23

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 27, 2016
Derivative [Line Items]
Fair value of derivative instruments in Condensed Consolidated Balance Sheet	Fair Value of Derivative Instruments and the Classification in Condensed Consolidated Balance Sheet: (In thousands) Condensed Consolidated Balance Sheet Location Fair Value as of Fair Value as of Fair Value as of March 27, 2016 December 31, 2015 March 29, 2015 Derivatives designated as hedging instruments: Interest rate swaps Derivative Liability $ — $ (22,918 ) $ (19,252 ) Total derivatives designated as hedging instruments $ — $ (22,918 ) $ (19,252 ) Derivatives not designated as hedging instruments: Interest rate swaps Current Derivative Liability $ — $ — $ (9,989 ) Interest rate swaps Derivative Liability $ (27,855 ) $ — $ — Total derivatives not designated as hedging instruments $ (27,855 ) $ — $ (9,989 ) Net derivative liability $ (27,855 ) $ (22,918 ) $ (29,241 )
Effects of derivative instruments on income (loss) and other comprehensive income (loss)	Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the three-month periods ended March 27, 2016 and March 29, 2015 : ($'s in thousands): Amount of (Loss) Amount and Location of (Loss) Amount and Location of Gain (Loss) Recognized in Income on Derivatives Designated Derivatives Three months ended 3/27/2016 Three months ended 3/29/2015 Designated Derivatives Three months ended 3/27/2016 Three months ended 3/29/2015 Derivatives Not Designated Three months ended 3/27/2016 Three months ended 3/29/2015 Interest rate swaps $ (4,671 ) $ (4,602 ) Interest Expense $ (851 ) $ — Net effect of swaps $ (265 ) $ 1,802

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 27, 2016
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value on recurring basis	The table below presents the balances of assets and liabilities measured at fair value as of March 27, 2016 , December 31, 2015, and March 29, 2015 on a recurring basis as well as the fair values of other financial instruments: (In thousands) Condensed Consolidated Fair Value March 27, 2016 December 31, 2015 March 29, 2015 Balance Sheet Location Hierarchy Level Carrying Value Fair Value Carrying Value Fair Value Carrying Value Fair Value Financial assets (liabilities) measured on a recurring basis: Interest rate swap agreements not designated as cash flow hedges Current derivative liability Level 2 — — — — (9,989 ) (9,989 ) Interest rate swap agreements not designated as cash flow hedges Derivative Liability Level 2 (27,855 ) (27,855 ) — — — — Interest rate swap agreements designated as cash flow hedges Derivative Liability Level 2 — — (22,918 ) (22,918 ) (19,252 ) (19,252 ) Other financial assets (liabilities): Term debt Long-Term Debt (1) Level 2 (604,800 ) (604,800 ) (606,375 ) (605,806 ) (608,850 ) (610,372 ) March 2013 notes Long-Term Debt (1) Level 1 (500,000 ) (518,750 ) (500,000 ) (501,250 ) (500,000 ) (513,750 ) June 2014 notes Long-Term Debt (1) (2) (450,000 ) (464,625 ) (450,000 ) (451,125 ) (450,000 ) (460,125 ) (1) Carrying values of Long-Term debt balances are before reductions for deferred financing fee amounts of $18.9 million , $19.7 million , and $23.0 million as of March 27, 2016, December 31, 2015, and March 29, 2015. (2) The June 2014 notes were based on Level 1 inputs as of both March 27, 2016 and December 31, 2015 and Level 2 inputs as of March 29, 2015.

Earnings per Unit (Tables)

Earnings per Unit (Tables)	3 Months Ended
	Mar. 27, 2016
Earnings Per Unit [Abstract]
Net income (loss) per limited partner unit	Net loss per limited partner unit is calculated based on the following unit amounts: Three months ended 3/27/2016 3/29/2015 (In thousands except per unit amounts) Basic weighted average units outstanding 55,877 55,820 Diluted weighted average units outstanding 55,877 55,820 Net loss per unit - basic $ (0.87 ) $ (1.50 ) Net loss per unit - diluted $ (0.87 ) $ (1.50 )

Changes in Accumulated Other 26

Changes in Accumulated Other Comprehensive Income by Component (Tables)	3 Months Ended
	Mar. 27, 2016
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Items Total Balance at December 31, 2015 $ (19,300 ) $ 22,591 $ 3,291 Other comprehensive income before reclassifications, net of tax $711 and $2,520, respectively (3,960 ) (4,395 ) (8,355 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($247) (2) 1,329 — 1,329 Net other comprehensive income (2,631 ) (4,395 ) (7,026 ) Balance at March 27, 2016 $ (21,931 ) $ 18,196 $ (3,735 ) Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Items Total Balance at December 31, 2014 $ (16,566 ) $ 5,936 $ (10,630 ) Other comprehensive income before reclassifications, net of tax $701 and ($4,147), respectively (3,901 ) 7,214 3,313 Amounts reclassified from accumulated other comprehensive income, net of tax ($224) (2) 1,462 — 1,462 Net other comprehensive income (2,439 ) 7,214 4,775 Balance at March 29, 2015 $ (19,005 ) $ 13,150 $ (5,855 )
Reclassification out of accumulated other comprehensive income	Reclassifications Out of Accumulated Other Comprehensive Income (1) (In thousands) Details about Accumulated Other Comprehensive Income Components Amount Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented Gains and losses on cash flow hedges Three months ended 3/27/16 Three months ended 3/29/15 Interest rate contracts $ 1,576 $ 1,686 Net effect of swaps Provision for taxes (247 ) (224 ) Provision for taxes $ 1,329 $ 1,462 (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details.

Consolidating Financial Infor27

Consolidating Financial Information of Guarantors and Issuers (Tables)	3 Months Ended
	Mar. 27, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheet	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 27, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 38,251 $ 28,203 $ (1,903 ) $ 64,551 Receivables 18 2,192 20,709 488,005 (477,010 ) 33,914 Inventories — 131 1,920 36,404 — 38,455 Other current assets 77 26,642 2,097 25,153 (26,051 ) 27,918 95 28,965 62,977 577,765 (504,964 ) 164,838 Property and Equipment (net) — 5,584 186,379 1,378,191 — 1,570,154 Investment in Park 699,382 904,557 176,055 24,194 (1,804,188 ) — Goodwill 674 — 94,428 119,606 — 214,708 Other Intangibles, net — — 13,384 23,271 — 36,655 Deferred Tax Asset — 2,920 — — (2,920 ) — Other Assets — 14,413 219 2,773 — 17,405 $ 700,151 $ 956,439 $ 533,442 $ 2,125,800 $ (2,312,072 ) $ 2,003,760 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 1,649 $ 93 $ 2,308 $ — $ 4,050 Accounts payable 317,035 161,288 1,839 32,189 (478,259 ) 34,092 Deferred revenue — 139 6,313 98,804 — 105,256 Accrued interest 1,290 1,303 7,853 914 — 11,360 Accrued taxes 1,935 — 1,810 32,869 (26,051 ) 10,563 Accrued salaries, wages and benefits — 21,805 636 — — 22,441 Self-insurance reserves — 11,417 1,426 11,409 — 24,252 Distribution payable 46,968 — — — (654 ) 46,314 Other accrued liabilities 1,438 1,125 190 4,443 — 7,196 368,666 198,726 20,160 182,936 (504,964 ) 265,524 Deferred Tax Liability — — 20,003 121,865 (2,920 ) 138,948 Derivative Liability 16,713 11,142 — — — 27,855 Other Liabilities — 1,232 — 11,156 — 12,388 Long-Term Debt: Revolving credit loans 65,000 — — — — 65,000 Term debt — 243,628 13,660 340,021 — 597,309 Notes 291,578 202,794 444,170 — — 938,542 356,578 446,422 457,830 340,021 — 1,600,851 Equity (41,806 ) 298,917 35,449 1,469,822 (1,804,188 ) (41,806 ) $ 700,151 $ 956,439 $ 533,442 $ 2,125,800 $ (2,312,072 ) $ 2,003,760 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ 77,007 $ — $ 39,106 $ 3,444 $ — $ 119,557 Receivables — 1,292 27,788 547,361 (546,947 ) 29,494 Inventories — 121 1,222 23,686 — 25,029 Other current assets 188 1,261 1,332 8,781 (1,616 ) 9,946 77,195 2,674 69,448 583,272 (548,563 ) 184,026 Property and Equipment (net) — 5,593 176,390 1,332,895 — 1,514,878 Investment in Park 724,592 911,910 179,529 27,862 (1,843,893 ) — Goodwill 674 — 90,531 119,606 — 210,811 Other Intangibles, net — — 12,832 23,063 — 35,895 Deferred Tax Asset — 14,080 — — (14,080 ) — Other Assets — 14,414 210 2,786 — 17,410 $ 802,461 $ 948,671 $ 528,940 $ 2,089,484 $ (2,406,536 ) $ 1,963,020 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 1,008 $ 57 $ 1,410 $ — 2,475 Accounts payable 433,621 115,135 810 14,503 (546,947 ) 17,122 Deferred revenue — 85 4,397 65,032 — 69,514 Accrued interest 4,602 3,221 2,056 31 — 9,910 Accrued taxes 1,066 — — 42,487 (1,616 ) 41,937 Accrued salaries, wages and benefits — 22,166 1,026 3,724 — 26,916 Self-insurance reserves — 7,437 1,400 15,159 23,996 Other accrued liabilities 1,355 1,531 167 3,748 — 6,801 440,644 150,583 9,913 146,094 (548,563 ) 198,671 Deferred Tax Liability — — 21,979 121,864 (14,080 ) 129,763 Derivative Liability 13,396 9,522 — — — 22,918 Other Liabilities — 6,705 — 11,278 — 17,983 Long-Term Debt: Term debt — 244,101 13,691 340,554 — 598,346 Notes 291,412 202,679 444,239 — — 938,330 291,412 446,780 457,930 340,554 — 1,536,676 Equity 57,009 335,081 39,118 1,469,694 (1,843,893 ) 57,009 $ 802,461 $ 948,671 $ 528,940 $ 2,089,484 $ (2,406,536 ) $ 1,963,020 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 29, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 14,881 $ 4,844 $ — $ 19,725 Receivables 1 89,060 115,830 546,424 (727,190 ) 24,125 Inventories — 152 2,070 35,147 — 37,369 Other current assets 80 369 2,382 24,196 — 27,027 81 89,581 135,163 610,611 (727,190 ) 108,246 Property and Equipment (net) — 5,621 202,853 1,349,790 — 1,558,264 Investment in Park 622,008 765,178 160,401 11,776 (1,559,363 ) — Goodwill 674 — 99,603 119,606 — 219,883 Other Intangibles, net — — 14,119 22,864 — 36,983 Deferred Tax Asset — 60,326 — — (60,326 ) — Other Assets — 14,431 349 3,902 — 18,682 $ 622,763 $ 935,137 $ 612,488 $ 2,118,549 $ (2,346,879 ) $ 1,942,058 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 274,612 $ 199,361 $ 2,424 $ 289,058 $ (727,190 ) $ 38,265 Deferred revenue — 92 6,077 86,495 — 92,664 Accrued interest 1,595 1,526 7,943 992 — 12,056 Accrued taxes 1,792 503 749 7,115 — 10,159 Accrued salaries, wages and benefits — 21,608 771 3,732 — 26,111 Self-insurance reserves — 8,031 1,413 13,341 — 22,785 Current derivative liability 5,980 4,009 — — — 9,989 Other accrued liabilities 864 3,365 99 7,158 — 11,486 284,843 238,495 19,476 407,891 (727,190 ) 223,515 Deferred Tax Liability — — 49,021 123,603 (60,326 ) 112,298 Derivative Liability 11,197 8,055 — — — 19,252 Other Liabilities — 3,707 — 11,644 — 15,351 Long-Term Debt: Revolving credit loans 57,000 — — — — 57,000 Term debt — 244,603 13,676 340,866 — 599,145 Notes 290,915 202,333 443,441 — — 936,689 347,915 446,936 457,117 340,866 — 1,592,834 Equity (21,192 ) 237,944 86,874 1,234,545 (1,559,363 ) (21,192 ) $ 622,763 $ 935,137 $ 612,488 $ 2,118,549 $ (2,346,879 ) $ 1,942,058
Condensed Consolidating Statement of Operations and Other Comprehensive Income (Loss)	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 27, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (2,500 ) $ 7,841 $ 119 $ 58,317 $ (5,339 ) $ 58,438 Costs and expenses: Cost of food, merchandise, and games revenues — — (2 ) 6,239 — 6,237 Operating expenses 10 39,978 5,277 44,678 (5,339 ) 84,604 Selling, general and administrative 894 13,186 763 10,769 — 25,612 Depreciation and amortization — 9 — 5,182 — 5,191 Loss on impairment / retirement of fixed assets, net — — 21 2,591 — 2,612 904 53,173 6,059 69,459 (5,339 ) 124,256 Operating loss (3,404 ) (45,332 ) (5,940 ) (11,142 ) — (65,818 ) Interest expense (income), net 8,038 6,445 6,036 (750 ) — 19,769 Net effect of swaps 1,442 400 — — — 1,842 Unrealized / realized foreign currency gain — — (19,561 ) — — (19,561 ) Other (income) expense 62 (19,371 ) 874 18,435 — — (Income) loss from investment in affiliates 34,681 14,144 3,475 (725 ) (51,575 ) — Income (loss) before taxes (47,627 ) (46,950 ) 3,236 (28,102 ) 51,575 (67,868 ) Provision (benefit) for taxes 859 (12,270 ) 2,510 (10,481 ) — (19,382 ) Net income (loss) $ (48,486 ) $ (34,680 ) $ 726 $ (17,621 ) $ 51,575 $ (48,486 ) Other comprehensive income (loss), (net of tax): Cumulative foreign currency translation adjustment (4,395 ) — (4,395 ) — 4,395 (4,395 ) Unrealized loss on cash flow hedging derivatives (2,631 ) (756 ) — — 756 (2,631 ) Other comprehensive loss, (net of tax) (7,026 ) (756 ) (4,395 ) — 5,151 (7,026 ) Total comprehensive loss $ (55,512 ) $ (35,436 ) $ (3,669 ) $ (17,621 ) $ 56,726 $ (55,512 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 29, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (1,383 ) $ 4,020 $ 78 $ 46,737 $ (2,635 ) $ 46,817 Costs and expenses: Cost of food, merchandise, and games revenues — — — 5,588 — 5,588 Operating expenses 134 23,057 4,971 52,603 (2,635 ) 78,130 Selling, general and administrative 799 13,275 1,743 10,001 — 25,818 Depreciation and amortization — 9 — 4,002 — 4,011 Loss on impairment / retirement of fixed assets, net — — — 2,903 — 2,903 933 36,341 6,714 75,097 (2,635 ) 116,450 Operating loss (2,316 ) (32,321 ) (6,636 ) (28,360 ) — (69,633 ) Interest expense (income), net 7,836 6,837 6,120 (301 ) — 20,492 Net effect of swaps 14 (130 ) — — — (116 ) Unrealized / realized foreign currency gain — — 38,218 — — 38,218 Other (income) expense 188 (4,816 ) 1,046 3,582 — — Loss from investment in affiliates 72,786 51,745 3,503 35,489 (163,523 ) — Loss before taxes (83,140 ) (85,957 ) (55,523 ) (67,130 ) 163,523 (128,227 ) Provision (benefit) for taxes 693 (13,172 ) (20,024 ) (11,891 ) — (44,394 ) Net income (loss) $ (83,833 ) $ (72,785 ) $ (35,499 ) $ (55,239 ) $ 163,523 $ (83,833 ) Other comprehensive income (loss), (net of tax): Cumulative foreign currency translation adjustment 7,214 — 7,214 — (7,214 ) 7,214 Unrealized loss on cash flow hedging derivatives (2,439 ) (777 ) — — 777 (2,439 ) Other comprehensive income (loss), (net of tax) 4,775 (777 ) 7,214 — (6,437 ) 4,775 Total comprehensive loss $ (79,058 ) $ (73,562 ) $ (28,285 ) $ (55,239 ) $ 157,086 $ (79,058 )
Condensed Consolidating Statement of Cash Flows	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 27, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ (25,319 ) $ (52,051 ) $ (214 ) $ 11,645 $ (1,903 ) $ (67,842 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — 63,088 (63,088 ) — Capital expenditures — — (2,247 ) (49,974 ) — (52,221 ) Net cash from (for) investing activities — — (2,247 ) 13,114 (63,088 ) (52,221 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Net borrowings on revolving credit loans 65,000 — — — — 65,000 Intercompany payables (payments) receipts (116,688 ) 53,600 — — 63,088 — Tax effect of units involved in treasury unit transactions — (1,549 ) — — — (1,549 ) Net cash from (for) financing activities (51,688 ) 52,051 — — 63,088 63,451 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 1,606 — — 1,606 CASH AND CASH EQUIVALENTS Net increase (decrease) for the period (77,007 ) — (855 ) 24,759 (1,903 ) (55,006 ) Balance, beginning of period 77,007 — 39,106 3,444 — 119,557 Balance, end of period $ — $ — $ 38,251 $ 28,203 $ (1,903 ) $ 64,551 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 29, 2015 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING $ (17,967 ) $ (44,980 ) $ (6,910 ) $ 10,174 $ (566 ) $ (60,249 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — (10,594 ) 46,961 (36,367 ) — Purchase of preferred equity investment — (2,000 ) — — — (2,000 ) Capital expenditures — — (1,500 ) (58,230 ) — (59,730 ) Net cash from (for) investing activities — (2,000 ) (12,094 ) (11,269 ) (36,367 ) (61,730 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Net borrowings on revolving credit loans 57,000 — — — — 57,000 Distributions paid (42,618 ) — — — 566 (42,052 ) Intercompany payables (payments) receipts (76,415 ) 47,897 (7,849 ) — 36,367 — Tax effect of units involved in treasury unit transactions — (1,299 ) — — — (1,299 ) Net cash from (for) financing activities (62,033 ) 46,598 (7,849 ) — 36,933 13,649 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — (3,785 ) — — (3,785 ) CASH AND CASH EQUIVALENTS Net increase (decrease) for the period (80,000 ) (382 ) (30,638 ) (1,095 ) — (112,115 ) Balance, beginning of period 80,000 382 45,519 5,939 — 131,840 Balance, end of period $ — $ — $ 14,881 $ 4,844 $ — $ 19,725

Significant Accounting and Re28

Significant Accounting and Reporting Policies New Accounting Pronouncements (Details) - USD ($) $ in Millions	Dec. 31, 2015	Mar. 29, 2015
New Accounting Pronouncement, Early Adoption, Effect [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred Tax Assets, Net , Current	$ 12.2
Deferred Tax Liabilities, Net, Current	40.8
Accounting Standards Update 2015-03 [Member] | Long-term Debt [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred finance costs net	19.7	$ 23
Accounting Standards Update 2015-03 [Member] | Other Assets [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred finance costs net	$ (19.7)	$ (23)

Interim Reporting (Details)

Interim Reporting (Details)	3 Months Ended
	Mar. 27, 2016property
Nature of Operations [Line Items]
Number of amusement parks owned and operated	11
Number of outdoor water parks owned and operated	3
Number of indoor water parks owned and operated	1
Number of hotels owned and operated	5
Minimum [Member]
Nature of Operations [Line Items]
Operating period	130 days
Maximum [Member]
Nature of Operations [Line Items]
Operating period	140 days

Goodwill and Other Intangible30

Goodwill and Other Intangible Assets Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Goodwill [Roll Forward]
Goodwill (gross), beginning of period	$ 290,679	$ 308,159
Accumulated Impairment Losses, beginning of period	(79,868)	(79,868)
Goodwill (net), beginning of period	210,811	228,291
Foreign currency translation	3,897	(8,408)
Goodwill (gross), end of period	294,576	299,751
Accumulated Impairment Losses, ending of period	(79,868)	(79,868)
Goodwill (net), end of period	214,708	219,883
Goodwill (gross)	290,679	308,159
Accumulated Impairment Losses	(79,868)	(79,868)
Goodwill (net)	$ 210,811	$ 228,291

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets Other Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 27, 2016	Dec. 31, 2015	Mar. 29, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Carrying Amount/Value	$ 35,760	$ 35,208	$ 36,492
Accumulated Amortization	549	380	325
Total other intangible assets, gross carrying amount	37,204	36,275	37,308
Total other intangibe assets, net carrying value	36,655	35,895	36,983
License / Franchise Agreements [Member]
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross Carrying Amount	1,444	1,067	816
Accumulated Amortization	549	380	325
Net Carrying Value	$ 895	$ 687	$ 491

Long-Term Debt Schedule of Long

Long-Term Debt Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Dec. 31, 2015	Mar. 29, 2015	Mar. 31, 2013
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,623,850	$ 1,558,850	$ 1,615,850
Current maturities of long-term debt	4,050	2,475	0
Long-term Debt, Excluding Current Maturities, Gross	1,619,800	1,556,375	1,615,850
Deferred Finance Costs, Noncurrent, Net	18,949	19,699	23,016
Total long-term debt	$ 1,600,851	1,536,676	1,592,834
Credit Agreement 2013 [Member] [Domain]
Debt Instrument [Line Items]
Debt Instrument, Face Amount				$ 885,000
5.375% Notes [Domain]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.375%
Long-term Debt, Gross	$ 450,000	450,000	450,000
5.25% Notes [Domain]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.25%
Long-term Debt, Gross	$ 500,000	500,000	500,000
Senior Secured Term Loan [Member] | Credit Agreement 2013 [Member] [Domain]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period	3.25%
Debt Instrument, Face Amount				$ 630,000
Long-term Debt, Gross	$ 608,850	608,850	608,850
Revolving Credit Facility [Member] | Credit Agreement 2013 [Member] [Domain]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 65,000	$ 0	$ 57,000

Long-Term Debt (Details)

Long-Term Debt (Details) $ in Millions	1 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2013USD ($)covenant	Mar. 27, 2016USD ($)	Dec. 31, 2015	Jun. 03, 2014USD ($)	Jul. 30, 2010USD ($)
Debt Instrument [Line Items]
Commitment fee on unused portion of credit facilities		0.38%
Notes Payable Due 2024 [Domain] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount				$ 450
Debt Instrument, Interest Rate, Stated Percentage				5.375%
Redemption percentage of original face amount		100.00%
Early call date, percentage of notes availabe for redemption		35.00%
Early call date, premium price, percentage		105.375%
Notes Payable, Due 2018 [Member] | Maximum [Member]
Debt Instrument [Line Items]
Restricted payment		$ 60
Notes Payable, Due 2018 [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount					$ 405
Debt Instrument, Interest Rate, Stated Percentage					9.125%
Notes Payable Due 2021 [Member] [Domain] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 500
Debt Instrument, Interest Rate, Stated Percentage	5.25%
Debt Instrument, Redemption Price, Percentage	0.00%
Credit Agreement 2013 [Member] [Domain]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 885
Debt Instrument, Number of Financial Covenants | covenant	2
Pro-forma consolidated leverage ratio		5
Total-Indebtedness-to-Consolidated-Cash-Flow Ratio requirement		5
Credit Agreement 2013 [Member] [Domain] | Maximum [Member]
Debt Instrument [Line Items]
Restricted payment		$ 60
Credit Agreement 2013 [Member] [Domain] | Canadian Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 15
Credit Agreement 2013 [Member] [Domain] | Canadian Revolving Credit Facility Cad and USD [Domain]
Debt Instrument [Line Items]
Interest rate margin over LIBOR		2.25%
Credit Agreement 2013 [Member] [Domain] | Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 630
Debt Instrument, Periodic Payment		$ 6.3
Interest rate margin over LIBOR		2.50%
Interest rate LIBOR floor		0.75%
Credit Agreement 2013 [Member] [Domain] | Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 255
March 2013 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Revised Consolidated Leverage Ratio Requirement, Decrease Every Year			0.25
March 2013 Credit Agreement [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument Revised Consolidated Leverage Ratio Requirement		5.75
March 2013 Credit Agreement [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		1.1
Debt Instrument Revised Consolidated Leverage Ratio Requirement			5.25
Original Issue Discount [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Unamortized discount					$ 5.6
Effective interest rate percentage					9.375%

Derivative Financial Instrume34

Derivative Financial Instruments Schedule of Derivatives (Details)	1 Months Ended	3 Months Ended
	Jan. 31, 2016	Mar. 27, 2016USD ($)contract	Mar. 29, 2015USD ($)
Derivative [Line Items]
Net effect of swaps		$ (1,842,000)	$ 116,000
Debt instrument, LIBOR floor, decrease to percent		1.00%
Debt instrument, LIBOR floor, decrease from percent		1.50%
Interest Rate Swap [Member]
Derivative [Line Items]
Amortization of Deferred Hedge Gains		$ 1,600,000	1,700,000
Cash Flow Hedging [Member] | Forward-Starting Interest Rate Swap [Member]
Derivative [Line Items]
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax		26,000,000
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net		$ 9,500,000
Cash Flow Hedging [Member] | Forward-Starting Interest Rate Swap [Member] | 2013 forwards [Member]
Derivative [Line Items]
Average rate		2.64%
Number of derivative instruments | contract		4
Derivative, Extension of Maturity, Period	2 years
Designated As Hedging [Member]
Derivative [Line Items]
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net		$ 0
Designated As Hedging [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net		$ (4,671,000)	(4,602,000)
Credit Agreement 2013 [Member] [Domain] | Senior Secured Term Loan [Member]
Derivative [Line Items]
Interest rate LIBOR floor		0.75%
Interest Expense [Member] | Designated As Hedging [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net		$ (851,000)	0
Net Effect of Swaps [Member] | Designated As Hedging [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net		$ (265,000)	$ 1,802,000

Derivative Financial Instrume35

Derivative Financial Instruments Balance Sheet Location (Details) - USD ($) $ in Thousands	Mar. 27, 2016	Dec. 31, 2015	Mar. 29, 2015
Derivatives, Fair Value [Line Items]
Derivative Liability	$ (27,855)	$ (22,918)	$ (19,252)
Derivative assets (liabilities), at fair value, net	(27,855)	(22,918)	(29,241)
Current derivative liability	0	0	9,989
Designated As Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative assets (liabilities), at fair value, net	0	22,918	19,252
Not Designated As Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative assets (liabilities), at fair value, net	(27,855)	0	(9,989)
Interest Rate Swap [Member] | Designated As Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	0	(22,918)	(19,252)
Interest Rate Swap [Member] | Not Designated As Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	(27,855)	0	0
Current derivative liability	0	$ 0	$ 9,989
Cash Flow Hedging [Member] | Forward-Starting Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax	$ 26,000

Derivative Financial Instrume36

Derivative Financial Instruments Income Statement Location (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Net effect of swaps	$ 1,842	$ (116)
Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amortization of Deferred Hedge Gains	1,600	1,700
Designated As Hedging [Member] | Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(4,671)	(4,602)
Designated As Hedging [Member] | Interest Rate Swap [Member] | Net Effect of Swaps [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative recognized in income	$ (265)	$ 1,802

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Mar. 27, 2016	Dec. 31, 2015	Mar. 29, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	$ 27,855	$ 22,918	$ 29,241
Deferred Finance Costs, Noncurrent, Net	18,949	19,699	23,016
Increase in net derivative liability	1,100	800	600
Designated As Hedging [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	0	(22,918)	(19,252)
Not Designated As Hedging [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	27,855	0	9,989
Current Derivative Liability [Member] | Not Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	0	0	9,989
Derivative Liability [Member] | Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	0	22,918	19,252
Derivative Liability [Member] | Not Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	27,855	0	0
Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of term debt	(604,800)	(605,806)	(610,372)
Reported Value Measurement [Member] | Current Derivative Liability [Member] | Not Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	0	0	9,989
Reported Value Measurement [Member] | Derivative Liability [Member] | Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	0	22,918	19,252
Reported Value Measurement [Member] | Derivative Liability [Member] | Not Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	27,855	0	0
Reported Value Measurement [Member] | Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of term debt	(604,800)	(606,375)	(608,850)
Notes Payable Due 2021 [Member] [Domain] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	(518,750)	(501,250)	(513,750)
Notes Payable Due 2021 [Member] [Domain] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	(500,000)	(500,000)	(500,000)
Notes Payable Due 2024 [Domain] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	(464,625)	(451,125)
Notes Payable Due 2024 [Domain] | Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes			(460,125)
Notes Payable Due 2024 [Domain] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	$ (450,000)	$ (450,000)
Notes Payable Due 2024 [Domain] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes			$ (450,000)

Earnings per Unit (Details)

Earnings per Unit (Details) - $ / shares shares in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Earnings Per Unit [Abstract]
Basic weighted average units outstanding	55,877	55,820
Diluted weighted average units outstanding	55,877	55,820
Net income (loss) per limited partner unit - basic	$ (0.87)	$ (1.50)
Net income (loss) per limited partner unit - diluted	$ (0.87)	$ (1.50)

Income and Partnership Taxes Un

Income and Partnership Taxes Unrecognized Tax Position (Details) $ in Millions	3 Months Ended
	Mar. 27, 2016USD ($)
Income Tax Disclosure [Abstract]
Unrecognized tax benefit	$ 1.1

Changes in Accumulated Other 40

Changes in Accumulated Other Comprehensive Income by Component Changes in AOCI by Component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning	$ 3,291	$ (10,630)
Other comprehensive income before reclassifications	(8,355)	3,313
Amounts reclassified from accumulated other comprehensive income	1,329	1,462
Net current-period other comprehensive income	(7,026)	4,775
Balance, ending	(3,735)	(5,855)
Other Comprehensive income before reclassification tax effect	711	701
Foreign currency translation adjustment, tax	2,520	(4,147)
Benefit for taxes	(19,382)	(44,394)
Gains and Losses on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning	(19,300)	(16,566)
Other comprehensive income before reclassifications	(3,960)	(3,901)
Amounts reclassified from accumulated other comprehensive income	1,329	1,462
Net current-period other comprehensive income	(2,631)	(2,439)
Balance, ending	(21,931)	(19,005)
Foreign Currency Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning	22,591	5,936
Other comprehensive income before reclassifications	(4,395)	7,214
Amounts reclassified from accumulated other comprehensive income	0	0
Net current-period other comprehensive income	(4,395)	7,214
Balance, ending	18,196	13,150
Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Benefit for taxes	$ (247)	$ (224)

Changes in Accumulated Other 41

Changes in Accumulated Other Comprehensive Income by Component Reclassifications Out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net effect of swaps	$ (1,842)	$ 116
Provision (benefit) for taxes	19,382	44,394
Net loss	(48,486)	(83,833)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision (benefit) for taxes	247	224
Net loss	1,329	1,462
Interest Rate Contracts [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net effect of swaps	$ 1,576	$ 1,686

Consolidating Financial Infor42

Consolidating Financial Information of Guarantors and Issuers (Details)	Mar. 27, 2016
Senior Unsecured Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Subsidiary Ownership Percentage Guaranteering Notes	100.00%

Consolidating Financial Infor43

Consolidating Financial Information of Guarantors and Issuers Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 27, 2016	Dec. 31, 2015	Mar. 29, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 64,551	$ 119,557	$ 19,725	$ 131,840
Receivables	33,914	29,494	24,125
Inventories	38,455	25,029	37,369
Prepaid Expense and Other Assets			27,027
Other current assets	27,918	9,946
Total current assets	164,838	184,026	108,246
Property and equipment (net)	1,570,154	1,514,878	1,558,264
Investment In Park	0	0	0
Goodwill	214,708	210,811	219,883	228,291
Other intangibes, net	36,655	35,895	36,983
Deferred Tax Asset	0	0	0
Other Assets	17,405	17,410	18,682
Total Assets	2,003,760	1,963,020	1,942,058
Current Liabilities:
Current maturities of long-term debt	4,050	2,475	0
Accounts payable	34,092	17,122	38,265
Deferred revenue	105,256	69,514	92,664
Accrued interest	11,360	9,910	12,056
Accrued taxes	10,563	41,937	10,159
Accrued salaries, wages and benefits	22,441	26,916	26,111
Self-insurance reserves	24,252	23,996	22,785
Distribution Payable	46,314	0	0
Current derivative liability	0	0	9,989
Other accrued liabilities	7,196	6,801	11,486
Total current liabilities	265,524	198,671	223,515
Deferred Tax Liability	138,948	129,763	112,298
Derivative Liability	27,855	22,918	19,252
Other Liabilities	12,388	17,983	15,351
Long-Term Debt:
Long-term Line of Credit, Noncurrent	65,000	0	57,000
Term debt	597,309	598,346	599,145
Notes	938,542	938,330	936,689
Total long-term debt	1,600,851	1,536,676	1,592,834
Total partners' equity	(41,806)	57,009	(21,192)
Total Partners' Equity and Liabilities	2,003,760	1,963,020	1,942,058
Cedar Fair L.P. (Parent) [Member]
Current Assets:
Cash and cash equivalents	0	77,007	0	80,000
Receivables	18	0	1
Inventories	0	0	0
Prepaid Expense and Other Assets			80
Other current assets	77	188
Total current assets	95	77,195	81
Property and equipment (net)	0	0	0
Investment In Park	699,382	724,592	622,008
Goodwill	674	674	674
Other intangibes, net	0	0	0
Deferred Tax Asset	0	0	0
Other Assets	0	0	0
Total Assets	700,151	802,461	622,763
Current Liabilities:
Current maturities of long-term debt	0	0
Accounts payable	317,035	433,621	274,612
Deferred revenue	0	0	0
Accrued interest	1,290	4,602	1,595
Accrued taxes	1,935	1,066	1,792
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0	0	0
Distribution Payable	46,968
Current derivative liability			5,980
Other accrued liabilities	1,438	1,355	864
Total current liabilities	368,666	440,644	284,843
Deferred Tax Liability	0	0	0
Derivative Liability	16,713	13,396	11,197
Other Liabilities	0	0	0
Long-Term Debt:
Long-term Line of Credit, Noncurrent	65,000		57,000
Term debt	0	0	0
Notes	291,578	291,412	290,915
Total long-term debt	356,578	291,412	347,915
Total partners' equity	(41,806)	57,009	(21,192)
Total Partners' Equity and Liabilities	700,151	802,461	622,763
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Current Assets:
Cash and cash equivalents	0	0	0	382
Receivables	2,192	1,292	89,060
Inventories	131	121	152
Prepaid Expense and Other Assets			369
Other current assets	26,642	1,261
Total current assets	28,965	2,674	89,581
Property and equipment (net)	5,584	5,593	5,621
Investment In Park	904,557	911,910	765,178
Goodwill	0	0	0
Other intangibes, net	0	0	0
Deferred Tax Asset	2,920	14,080	60,326
Other Assets	14,413	14,414	14,431
Total Assets	956,439	948,671	935,137
Current Liabilities:
Current maturities of long-term debt	1,649	1,008
Accounts payable	161,288	115,135	199,361
Deferred revenue	139	85	92
Accrued interest	1,303	3,221	1,526
Accrued taxes	0	0	503
Accrued salaries, wages and benefits	21,805	22,166	21,608
Self-insurance reserves	11,417	7,437	8,031
Distribution Payable	0
Current derivative liability			4,009
Other accrued liabilities	1,125	1,531	3,365
Total current liabilities	198,726	150,583	238,495
Deferred Tax Liability	0	0	0
Derivative Liability	11,142	9,522	8,055
Other Liabilities	1,232	6,705	3,707
Long-Term Debt:
Long-term Line of Credit, Noncurrent	0		0
Term debt	243,628	244,101	244,603
Notes	202,794	202,679	202,333
Total long-term debt	446,422	446,780	446,936
Total partners' equity	298,917	335,081	237,944
Total Partners' Equity and Liabilities	956,439	948,671	935,137
Co-Issuer Subsidiary (Cedar Canada) [Member]
Current Assets:
Cash and cash equivalents	38,251	39,106	14,881	45,519
Receivables	20,709	27,788	115,830
Inventories	1,920	1,222	2,070
Prepaid Expense and Other Assets			2,382
Other current assets	2,097	1,332
Total current assets	62,977	69,448	135,163
Property and equipment (net)	186,379	176,390	202,853
Investment In Park	176,055	179,529	160,401
Goodwill	94,428	90,531	99,603
Other intangibes, net	13,384	12,832	14,119
Deferred Tax Asset	0	0	0
Other Assets	219	210	349
Total Assets	533,442	528,940	612,488
Current Liabilities:
Current maturities of long-term debt	93	57
Accounts payable	1,839	810	2,424
Deferred revenue	6,313	4,397	6,077
Accrued interest	7,853	2,056	7,943
Accrued taxes	1,810	0	749
Accrued salaries, wages and benefits	636	1,026	771
Self-insurance reserves	1,426	1,400	1,413
Distribution Payable	0
Current derivative liability			0
Other accrued liabilities	190	167	99
Total current liabilities	20,160	9,913	19,476
Deferred Tax Liability	20,003	21,979	49,021
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Long-term Line of Credit, Noncurrent	0		0
Term debt	13,660	13,691	13,676
Notes	444,170	444,239	443,441
Total long-term debt	457,830	457,930	457,117
Total partners' equity	35,449	39,118	86,874
Total Partners' Equity and Liabilities	533,442	528,940	612,488
Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	28,203	3,444	4,844	5,939
Receivables	488,005	547,361	546,424
Inventories	36,404	23,686	35,147
Prepaid Expense and Other Assets			24,196
Other current assets	25,153	8,781
Total current assets	577,765	583,272	610,611
Property and equipment (net)	1,378,191	1,332,895	1,349,790
Investment In Park	24,194	27,862	11,776
Goodwill	119,606	119,606	119,606
Other intangibes, net	23,271	23,063	22,864
Deferred Tax Asset	0	0	0
Other Assets	2,773	2,786	3,902
Total Assets	2,125,800	2,089,484	2,118,549
Current Liabilities:
Current maturities of long-term debt	2,308	1,410
Accounts payable	32,189	14,503	289,058
Deferred revenue	98,804	65,032	86,495
Accrued interest	914	31	992
Accrued taxes	32,869	42,487	7,115
Accrued salaries, wages and benefits	0	3,724	3,732
Self-insurance reserves	11,409	15,159	13,341
Distribution Payable	0
Current derivative liability			0
Other accrued liabilities	4,443	3,748	7,158
Total current liabilities	182,936	146,094	407,891
Deferred Tax Liability	121,865	121,864	123,603
Derivative Liability	0	0	0
Other Liabilities	11,156	11,278	11,644
Long-Term Debt:
Long-term Line of Credit, Noncurrent	0		0
Term debt	340,021	340,554	340,866
Notes	0	0	0
Total long-term debt	340,021	340,554	340,866
Total partners' equity	1,469,822	1,469,694	1,234,545
Total Partners' Equity and Liabilities	2,125,800	2,089,484	2,118,549
Eliminations [Member]
Current Assets:
Cash and cash equivalents	(1,903)	0	0	$ 0
Receivables	(477,010)	(546,947)	(727,190)
Inventories	0	0	0
Prepaid Expense and Other Assets			0
Other current assets	(26,051)	(1,616)
Total current assets	(504,964)	(548,563)	(727,190)
Property and equipment (net)	0	0	0
Investment In Park	(1,804,188)	(1,843,893)	(1,559,363)
Goodwill	0	0	0
Other intangibes, net	0	0	0
Deferred Tax Asset	(2,920)	(14,080)	(60,326)
Other Assets	0	0	0
Total Assets	(2,312,072)	(2,406,536)	(2,346,879)
Current Liabilities:
Current maturities of long-term debt	0	0
Accounts payable	(478,259)	(546,947)	(727,190)
Deferred revenue	0	0	0
Accrued interest	0	0	0
Accrued taxes	(26,051)	(1,616)	0
Accrued salaries, wages and benefits	0	$ 0	0
Self-insurance reserves	0		0
Distribution Payable	(654)
Current derivative liability			0
Other accrued liabilities	0	$ 0	0
Total current liabilities	(504,964)	(548,563)	(727,190)
Deferred Tax Liability	(2,920)	(14,080)	(60,326)
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Long-term Line of Credit, Noncurrent	0		0
Term debt	0	0	0
Notes	0	0	0
Total long-term debt	0	0	0
Total partners' equity	(1,804,188)	(1,843,893)	(1,559,363)
Total Partners' Equity and Liabilities	$ (2,312,072)	$ (2,406,536)	$ (2,346,879)

Consolidating Financial Infor44

Consolidating Financial Information of Guarantors and Issuers Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Condensed Financial Statements, Captions [Line Items]
Net revenues	$ 58,438	$ 46,817
Costs and expenses:
Cost of food, merchandise, and games revenues	6,237	5,588
Operating expenses	84,604	78,130
Selling, general and administrative	25,612	25,818
Depreciation and amortization	5,191	4,011
Loss on impairment / retirement of fixed assets, net	2,612	2,903
Total costs and expenses	124,256	116,450
Operating loss	(65,818)	(69,633)
Interest expense (income), net	19,769	20,492
Net effect of swaps	1,842	(116)
Foreign Currency Transaction Gain (Loss), before Tax	(19,561)	38,218
Other Income Expense	0	0
Income (Loss) from Equity Method Investments	0	0
Loss before taxes	(67,868)	(128,227)
Benefit for taxes	(19,382)	(44,394)
Net loss	(48,486)	(83,833)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(4,395)	7,214
Unrealized loss on cash flow hedging derivatives	(2,631)	(2,439)
Other comprehensive loss, (net of tax)	(7,026)	4,775
Total Comprehensive Income (Loss)	(55,512)	(79,058)
Cedar Fair L.P. (Parent) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	(2,500)	(1,383)
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	10	134
Selling, general and administrative	894	799
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	904	933
Operating loss	(3,404)	(2,316)
Interest expense (income), net	8,038	7,836
Net effect of swaps	1,442	14
Foreign Currency Transaction Gain (Loss), before Tax	0	0
Other Income Expense	62	188
Income (Loss) from Equity Method Investments	34,681	72,786
Loss before taxes	(47,627)	(83,140)
Benefit for taxes	859	693
Net loss	(48,486)	(83,833)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(4,395)	7,214
Unrealized loss on cash flow hedging derivatives	(2,631)	(2,439)
Other comprehensive loss, (net of tax)	(7,026)	4,775
Total Comprehensive Income (Loss)	(55,512)	(79,058)
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	7,841	4,020
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	39,978	23,057
Selling, general and administrative	13,186	13,275
Depreciation and amortization	9	9
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	53,173	36,341
Operating loss	(45,332)	(32,321)
Interest expense (income), net	6,445	6,837
Net effect of swaps	400	(130)
Foreign Currency Transaction Gain (Loss), before Tax	0	0
Other Income Expense	(19,371)	(4,816)
Income (Loss) from Equity Method Investments	14,144	51,745
Loss before taxes	(46,950)	(85,957)
Benefit for taxes	(12,270)	(13,172)
Net loss	(34,680)	(72,785)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	0	0
Unrealized loss on cash flow hedging derivatives	(756)	(777)
Other comprehensive loss, (net of tax)	(756)	(777)
Total Comprehensive Income (Loss)	(35,436)	(73,562)
Co-Issuer Subsidiary (Cedar Canada) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	119	78
Costs and expenses:
Cost of food, merchandise, and games revenues	(2)	0
Operating expenses	5,277	4,971
Selling, general and administrative	763	1,743
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	21	0
Total costs and expenses	6,059	6,714
Operating loss	(5,940)	(6,636)
Interest expense (income), net	6,036	6,120
Net effect of swaps	0	0
Foreign Currency Transaction Gain (Loss), before Tax	(19,561)	38,218
Other Income Expense	874	1,046
Income (Loss) from Equity Method Investments	3,475	3,503
Loss before taxes	3,236	(55,523)
Benefit for taxes	2,510	(20,024)
Net loss	726	(35,499)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(4,395)	7,214
Unrealized loss on cash flow hedging derivatives	0	0
Other comprehensive loss, (net of tax)	(4,395)	7,214
Total Comprehensive Income (Loss)	(3,669)	(28,285)
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	58,317	46,737
Costs and expenses:
Cost of food, merchandise, and games revenues	6,239	5,588
Operating expenses	44,678	52,603
Selling, general and administrative	10,769	10,001
Depreciation and amortization	5,182	4,002
Loss on impairment / retirement of fixed assets, net	2,591	2,903
Total costs and expenses	69,459	75,097
Operating loss	(11,142)	(28,360)
Interest expense (income), net	(750)	(301)
Net effect of swaps	0	0
Foreign Currency Transaction Gain (Loss), before Tax	0	0
Other Income Expense	18,435	3,582
Income (Loss) from Equity Method Investments	(725)	35,489
Loss before taxes	(28,102)	(67,130)
Benefit for taxes	(10,481)	(11,891)
Net loss	(17,621)	(55,239)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	0	0
Unrealized loss on cash flow hedging derivatives	0	0
Other comprehensive loss, (net of tax)	0	0
Total Comprehensive Income (Loss)	(17,621)	(55,239)
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	(5,339)	(2,635)
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	(5,339)	(2,635)
Selling, general and administrative	0	0
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	(5,339)	(2,635)
Operating loss	0	0
Interest expense (income), net	0	0
Net effect of swaps	0	0
Foreign Currency Transaction Gain (Loss), before Tax	0	0
Other Income Expense	0	0
Income (Loss) from Equity Method Investments	(51,575)	(163,523)
Loss before taxes	51,575	163,523
Benefit for taxes	0	0
Net loss	51,575	163,523
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	4,395	(7,214)
Unrealized loss on cash flow hedging derivatives	756	777
Other comprehensive loss, (net of tax)	5,151	(6,437)
Total Comprehensive Income (Loss)	$ 56,726	$ 157,086

Consolidating Financial Infor45

Consolidating Financial Information of Guarantors and Issuers Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2016	Mar. 29, 2015
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	$ (67,842)	$ (60,249)
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	0
Purchase of preferred equity investment	0	(2,000)
Capital expenditures	(52,221)	(59,730)
Net cash for investing activities	(52,221)	(61,730)
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans	65,000	57,000
Distributions paid to partners	0	(42,052)
Intercompany payables (payments) receipts	0	0
Tax Effect of Units Involved in Option Exercises And Treasury Unit Transactions	(1,549)	(1,299)
Net cash from financing activities	63,451	13,649
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	1,606	(3,785)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(55,006)	(112,115)
Balance, beginning of period	119,557	131,840
Balance, end of period	64,551	19,725
Cedar Fair L.P. (Parent) [Member]
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	(25,319)	(17,967)
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	0
Purchase of preferred equity investment		0
Capital expenditures	0	0
Net cash for investing activities	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans	65,000	57,000
Distributions paid to partners		(42,618)
Intercompany payables (payments) receipts	(116,688)	(76,415)
Tax Effect of Units Involved in Option Exercises And Treasury Unit Transactions	0	0
Net cash from financing activities	(51,688)	(62,033)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(77,007)	(80,000)
Balance, beginning of period	77,007	80,000
Balance, end of period	0	0
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	(52,051)	(44,980)
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	0
Purchase of preferred equity investment		(2,000)
Capital expenditures	0	0
Net cash for investing activities	0	(2,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans	0	0
Distributions paid to partners		0
Intercompany payables (payments) receipts	53,600	47,897
Tax Effect of Units Involved in Option Exercises And Treasury Unit Transactions	(1,549)	(1,299)
Net cash from financing activities	52,051	46,598
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	0	(382)
Balance, beginning of period	0	382
Balance, end of period	0	0
Co-Issuer Subsidiary (Cedar Canada) [Member]
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	(214)	(6,910)
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	(10,594)
Purchase of preferred equity investment		0
Capital expenditures	(2,247)	(1,500)
Net cash for investing activities	(2,247)	(12,094)
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans	0	0
Distributions paid to partners		0
Intercompany payables (payments) receipts	0	(7,849)
Tax Effect of Units Involved in Option Exercises And Treasury Unit Transactions	0	0
Net cash from financing activities	0	(7,849)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	1,606	(3,785)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(855)	(30,638)
Balance, beginning of period	39,106	45,519
Balance, end of period	38,251	14,881
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	11,645	10,174
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	63,088	46,961
Purchase of preferred equity investment		0
Capital expenditures	(49,974)	(58,230)
Net cash for investing activities	13,114	(11,269)
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans	0	0
Distributions paid to partners		0
Intercompany payables (payments) receipts	0	0
Tax Effect of Units Involved in Option Exercises And Treasury Unit Transactions	0	0
Net cash from financing activities	0	0
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	24,759	(1,095)
Balance, beginning of period	3,444	5,939
Balance, end of period	28,203	4,844
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	(1,903)	(566)
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	(63,088)	(36,367)
Purchase of preferred equity investment		0
Capital expenditures	0	0
Net cash for investing activities	(63,088)	(36,367)
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans	0	0
Distributions paid to partners		566
Intercompany payables (payments) receipts	63,088	36,367
Tax Effect of Units Involved in Option Exercises And Treasury Unit Transactions	0	0
Net cash from financing activities	63,088	36,933
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(1,903)	0
Balance, beginning of period	0	0
Balance, end of period	$ (1,903)	$ 0