Annual report pursuant to Section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLES (Tables)

v3.22.0.1
GOODWILL AND OTHER INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2021
GOODWILL AND OTHER INTANGIBLES  
Schedule of goodwill

The following tables set forth changes in the carrying value of goodwill by segment:

​

​

​

​

​

​

​

​

​

​

(In thousands)

​

December 31, 2021

​

    

Gross

    

​

​

    

Balance at

​

​

Carrying

​

Accumulated

​

End of the

​

​

Value

​

Impairments

​

Year

Mississippi

​

$

14,671

​

$

—

​

$

14,671

Colorado

​

 

4,806

​

 

—

​

 

4,806

Nevada

​

 

5,809

​

 

(4,000)

​

 

1,809

​

​

$

25,286

​

$

(4,000)

​

$

21,286

​

​

​

​

​

​

​

​

​

​

​

(In thousands)

​

December 31, 2020

​

    

Gross

    

​

​

    

Balance at

​

​

Carrying

​

Accumulated

​

End of the

​

​

Value

​

Impairments

​

Year

Mississippi

​

$

14,671

​

$

—

​

$

14,671

Colorado

​

 

4,806

​

 

—

​

 

4,806

Nevada

​

 

5,809

​

 

(4,000)

​

 

1,809

​

​

$

25,286

​

$

(4,000)

​

$

21,286

Schedule of other intangible assets, net

The following tables set forth changes in the carrying value of intangible assets other than goodwill:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

(In thousands)

​

December 31, 2021

​

    

Estimated

    

Gross

    

​

​

    

Accumulated

    

Other

​

​

Life

​

Carrying

​

Accumulated

​

Impairments,

​

Intangible

​

​

(Years)

​

Value

​

Amortization

​

Net

​

Assets, Net

Land Lease and Water Rights

 

46

​

 

1,420

​

 

(288)

​

 

—

​

 

1,132

Casino Lease Option

 

3

​

 

190

​

 

(190)

​

 

—

​

 

—

Gaming Licenses

 

Indefinite

​

 

18,046

​

 

—

​

 

(10,203)

​

 

7,843

Trade Names

 

Indefinite

​

 

1,800

​

 

—

​

 

—

​

 

1,800

Trademarks

 

Indefinite

​

 

121

​

 

—

​

 

—

​

 

121

​

​

​

​

$

21,577

​

$

(478)

​

$

(10,203)

​

$

10,896

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

(In thousands)

​

December 31, 2020

​

    

Estimated

    

Gross

    

​

​

    

Accumulated

    

Other

​

​

Life

​

Carrying

​

Accumulated

​

Impairments,

​

Intangible

​

​

(Years)

​

Value

​

Amortization

​

Net

​

Assets, Net

Land Lease and Water Rights

 

46

 

​

1,420

 

​

(257)

 

​

—

 

​

1,163

Casino Lease Option

 

3

​

​

190

​

​

(151)

​

​

—

​

​

39

Gaming Licenses

 

Indefinite

 

​

18,046

 

​

—

 

​

(10,203)

 

​

7,843

Trade Names

 

Indefinite

 

​

1,800

 

​

—

 

​

—

 

​

1,800

Trademarks

 

Indefinite

 

​

118

 

​

—

 

​

—

 

​

118

​

​

​

​

$

21,574

​

$

(408)

​

$

(10,203)

​

$

10,963

Schedule of future amortization expense for intangible assets

Future amortization expense for intangible assets is as follows:

​

​

​

​

(In thousands)

​

​

​

​

​

​

​

For Years ending December 31, 

    

Amortization Expense

2022

​

$

31

2023

​

 

31

2024

​

 

31

2025

​

 

31

2026

​

 

31

Thereafter

​

 

977

​

​

$

1,132