Segment Reporting Disclosure [Text Block] | NOTE 9. We aggregate certain of our gaming entertainment properties in order to present three Las Vegas Locals Gold Coast Hotel and Casino Las Vegas, Nevada The Orleans Hotel and Casino Las Vegas, Nevada Sam's Town Hotel and Gambling Hall Las Vegas, Nevada Suncoast Hotel and Casino Las Vegas, Nevada Eastside Cannery Casino and Hotel Las Vegas, Nevada Aliante Casino + Hotel + Spa North Las Vegas, Nevada Cannery Casino Hotel North Las Vegas, Nevada Jokers Wild Casino Henderson, Nevada Downtown Las Vegas California Hotel and Casino Las Vegas, Nevada Fremont Hotel and Casino Las Vegas, Nevada Main Street Station Casino, Brewery and Hotel Las Vegas, Nevada Midwest & South Par-A-Dice Hotel Casino East Peoria, Illinois Belterra Casino Resort Florence, Indiana Blue Chip Casino, Hotel & Spa Michigan City, Indiana Diamond Jo Dubuque Dubuque, Iowa Diamond Jo Worth Northwood, Iowa Kansas Star Casino Mulvane, Kansas Amelia Belle Casino Amelia, Louisiana Delta Downs Racetrack Casino & Hotel Vinton, Louisiana Evangeline Downs Racetrack and Casino Opelousas, Louisiana Sam's Town Hotel and Casino Shreveport, Louisiana Treasure Chest Casino Kenner, Louisiana IP Casino Resort Spa Biloxi, Mississippi Sam's Town Hotel and Gambling Hall Tunica, Mississippi Ameristar Casino Hotel Kansas City Kansas City, Missouri Ameristar Casino Resort Spa St. Charles St. Charles, Missouri Belterra Park Cincinnati, Ohio Valley Forge Casino Resort King of Prussia, Pennsylvania Total Reportable Segment Departmental Revenues and Adjusted EBITDAR We evaluate each of our property's profitability based upon Property Adjusted EBITDAR, which represents each property's earnings before interest expense, income taxes, depreciation and amortization, deferred rent, share-based compensation expense, project development, preopening and writedowns expenses, impairments of assets, other operating items, net, gain or loss on early retirements of debt, and master lease rent expense, as applicable. Total Reportable Segment Adjusted EBITDAR is the aggregate sum of the Property Adjusted EBITDAR for each of the properties included in our Las Vegas Locals, Downtown Las Vegas, and Midwest & South segments. Results for Downtown Las Vegas include the results of our Hawaii-based travel agency and captive insurance company. Results for Lattner, our Illinois distributed gaming operator, and for our online gaming initiatives are included in our Midwest & South segment. The following tables set forth, for the periods indicated, departmental revenues for our Reportable Segments: Three Months Ended June 30, 2021 Food & Gaming Beverage Room Other Total (In thousands) Revenue Revenue Revenue Revenue Revenue Revenues Las Vegas Locals $ 187,511 $ 19,117 $ 18,481 $ 10,986 $ 236,095 Downtown Las Vegas 27,190 6,502 3,448 1,640 38,780 Midwest & South 512,761 31,809 17,148 57,009 618,727 Total Revenues $ 727,462 $ 57,428 $ 39,077 $ 69,635 $ 893,602 Three Months Ended June 30, 2020 Food & Gaming Beverage Room Other Total (In thousands) Revenue Revenue Revenue Revenue Revenue Revenues Las Vegas Locals $ 40,846 $ 3,367 $ 2,383 $ 2,095 $ 48,691 Downtown Las Vegas 3,140 882 327 315 4,664 Midwest & South 141,125 6,412 4,208 4,759 156,504 Total Revenues $ 185,111 $ 10,661 $ 6,918 $ 7,169 $ 209,859 Six Months Ended June 30, 2021 Food & Gaming Beverage Room Other Total (In thousands) Revenue Revenue Revenue Revenue Revenue Revenues Las Vegas Locals $ 336,733 $ 32,547 $ 29,168 $ 20,070 $ 418,518 Downtown Las Vegas 42,036 10,314 5,269 2,594 60,213 Midwest & South 966,619 58,679 30,630 112,250 1,168,178 Total Revenues $ 1,345,388 $ 101,540 $ 65,067 $ 134,914 $ 1,646,909 Six Months Ended June 30, 2020 Food & Gaming Beverage Room Other Total (In thousands) Revenue Revenue Revenue Revenue Revenue Revenues Las Vegas Locals $ 157,164 $ 34,538 $ 24,364 $ 13,389 $ 229,455 Downtown Las Vegas 32,985 12,607 6,475 6,710 58,777 Midwest & South 504,727 53,400 22,806 21,219 602,152 Total Revenues $ 694,876 $ 100,545 $ 53,645 $ 41,318 $ 890,384 The following table reconciles, for the periods indicated, total Adjusted EBITDAR to operating income, as reported in our accompanying condensed consolidated statements of operations: Three Months Ended Six Months Ended June 30, June 30, (In thousands) 2021 2020 2021 2020 Adjusted EBITDAR Las Vegas Locals $ 133,570 $ 2,858 $ 224,212 $ 49,620 Downtown Las Vegas 15,421 (7,220 ) 17,861 2,736 Midwest & South 259,992 32,655 478,141 138,484 Corporate expense (23,588 ) (12,171 ) (42,222 ) (30,285 ) Adjusted EBITDAR 385,395 16,122 677,992 160,555 Other operating costs and expenses Deferred rent 207 227 414 449 Master lease rent expense 26,175 25,413 52,090 50,078 Depreciation and amortization 67,279 69,213 131,746 136,178 Share-based compensation expense 12,823 2,693 18,524 10,884 Project development, preopening and writedowns 1,454 3,825 2,869 7,333 Impairment of assets — — — 171,100 Other operating items, net 11,115 1,099 12,272 8,642 Total other operating costs and expenses 119,053 102,470 217,915 384,664 Operating income (loss) $ 266,342 $ (86,348 ) $ 460,077 $ (224,109 ) For purposes of this presentation, corporate expense excludes its portion of share-based compensation expense. Corporate expense represents unallocated payroll, professional fees, aircraft expenses and various other expenses not Total Reportable Segment Assets The Company's assets by Reportable Segment consisted of the following amounts: June 30, December 31, (In thousands) 2021 2020 Assets Las Vegas Locals $ 1,673,175 $ 1,690,511 Downtown Las Vegas 241,533 213,507 Midwest & South 3,930,588 3,984,063 Total Reportable Segment Assets 5,845,296 5,888,081 Corporate 446,617 670,867 Total Assets $ 6,291,913 $ 6,558,948 |