Full House Resorts, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

GOODWILL & OTHER INTANGIBLES (Tables)

GOODWILL & OTHER INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]


	Year ended December 31, 2012 (in thousands)
	Balance at beginning of the year		Changes during the year		Balance at end of the year
Stockman’s Goodwill	$	5,809	$	--	$	5,809
Rising Star Goodwill		1,647		--		1,647
Silver Slipper Goodwill		--		14,671		14,671
Goodwill, net of accumulated impairment losses	$	7,456	$	14,671	$	22,127

	Year ended December 31, 2011 (in thousands)
	Balance at beginning of the year		Changes during the year			Balance at end of the year
Stockman’s Goodwill	$	10,309	$	(4,500	)	$	5,809
Rising Star Goodwill		--		1,647			1,647
Goodwill, net of accumulated impairment losses	$	10,309	$	(2,853	)	$	7,456

Schedule of other intangible assets, net

	December 31, 2012
	Estimated Life (years)	Gross Carrying Value		Accumulated Amortization			Cumulative Expense / (Disposals)			Intangible Asset, Net
Amortizing Intangible assets:
Player Loyalty Program - Rising Star	3	$	1,700	$	(992	)	$	--		$	708
Player Loyalty Program - Silver Slipper	3		5,900		(492	)		--			5,408
Land Lease and Water Rights - Silver Slipper	46		1,420		(23	)		--			1,397
Wells Fargo Bank Loan Fees	5		2,614		(924	)		(1,690	)		-
Capital One Bank Loan Fees	3		4,671		(434	)		--			4,237
ABC Funding, LLC Loan Fees	4		984		(62	)		--			922

Non-amortizing intangible assets:
Gaming License-Indiana	Indefinite		9,900		--			--			9,900
Gaming License-Mississippi	Indefinite		115		--			--			115
Gaming License-Nevada	Indefinite		542		--			--			542
Trademarks	Indefinite		36		--			--			36
		$	27,882	$	(2,927	)	$	(1,690	)	$	23,265

	December 31, 2011
	Estimated Life (years)	Gross Carrying Value		Accumulated Amortization			Cumulative Expense / (Disposals)		Intangible Asset, Net
Amortizing Intangible assets:
Player Loyalty Program-Rising Star	3	$	1,700	$	(425	)	$	--	$	1,275
Nevada State Bank Loan Fees	15		219		(219	)		--		--
Wells Fargo Bank Loan Fees	5		2,614		(716	)		--		1,898

Non-amortizing intangible assets:
Gaming License-Indiana	Indefinite		9,900		--			--		9,900
Gaming License- Nevada	Indefinite		485		- -			32		517
Trademarks	Indefinite		27		--			2		29
		$	14,945	$	(1,360	)	$	34	$	13,619

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

- Definition

Tabular disclosure of characteristics and cost, by total and major class, of indefinite-lived intangible assets acquired as part of a business combination. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. The future benefit is not expected to diminish over a stated period of time. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total.

+ References + Details