| Schedule of goodwill |
| |
|
Year ended December 31, 2013
(in thousands)
|
|
| |
|
Balance at
beginning of
the year
|
|
|
Changes during
the year
|
|
|
Balance at
end of the
year |
|
|
Stockman’s Goodwill
|
|
$ |
5,809 |
|
|
$ |
(4,000 |
) |
|
$ |
1,809 |
|
|
Rising Star Goodwill
|
|
|
1,647 |
|
|
|
-- |
|
|
|
1,647 |
|
|
Silver Slipper Goodwill
|
|
|
14,671 |
|
|
|
-- |
|
|
|
14,671 |
|
|
Goodwill, net of accumulated impairment losses
|
|
$ |
22,127 |
|
|
$ |
(4,000 |
) |
|
$ |
18,127 |
|
| |
|
|
|
|
|
|
|
|
|
| |
|
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 |
|
|
| Schedule of other intangible assets, net |
| |
|
December 31, 2013
|
|
| |
|
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 |
|
|
$ |
(1,558 |
) |
|
$ |
- |
|
|
$ |
142 |
|
|
Player Loyalty Program - Silver Slipper
|
|
|
3 |
|
|
|
5,900 |
|
|
|
(2,458 |
) |
|
|
- |
|
|
|
3,442 |
|
|
Land Lease and Water Rights - Silver Slipper
|
|
|
46 |
|
|
|
1,420 |
|
|
|
(39 |
) |
|
|
|
|
|
|
1,381 |
|
|
Capital One Bank Loan Fees
|
|
|
3 |
|
|
|
4,671 |
|
|
|
(2,019 |
) |
|
|
216 |
|
|
|
2,868 |
|
|
ABC Funding, LLC Loan Fees
|
|
|
4 |
|
|
|
984 |
|
|
|
(308 |
) |
|
|
14 |
|
|
|
690 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-amortizing intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gaming License-Indiana
|
|
Indefinite
|
|
|
|
9,900 |
|
|
|
-- |
|
|
|
- |
|
|
|
9,900 |
|
|
Gaming License-Mississippi
|
|
Indefinite
|
|
|
|
115 |
|
|
|
-- |
|
|
|
(10 |
) |
|
|
105 |
|
|
Gaming Licensing - Nevada
|
|
Indefinite
|
|
|
|
542 |
|
|
|
-- |
|
|
|
(19 |
) |
|
|
523 |
|
|
Trademarks
|
|
Indefinite
|
|
|
|
36 |
|
|
|
-- |
|
|
|
4 |
|
|
|
40 |
|
| |
|
Indefinite
|
|
|
|
|
|
|
|
-- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
$ |
25,268 |
|
|
$ |
(6,382 |
) |
|
$ |
205 |
|
|
$ |
19,091 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Intangible assets subtotal
|
|
|
|
|
|
$ |
19,613 |
|
|
$ |
(4,055 |
) |
|
$ |
(25 |
) |
|
$ |
15,533 |
|
|
Loan Fees subtotal
|
|
|
|
|
|
|
5,655 |
|
|
|
(2,327 |
) |
|
|
230 |
|
|
|
3,558 |
|
| |
|
|
|
|
|
$ |
25,268 |
|
|
$ |
(6,382 |
) |
|
$ |
205 |
|
|
$ |
19,091 |
|
| |
|
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 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Intangible assets subtotal
|
|
$ |
19,613 |
|
|
$ |
(1,507 |
) |
|
$ |
-- |
|
|
$ |
18,106 |
|
|
Loan Fees subtotal
|
|
|
8,269 |
|
|
|
(1,420 |
) |
|
|
(1,690 |
) |
|
|
5,159 |
|
| |
|
$ |
27,882 |
|
|
$ |
(2,927 |
) |
|
$ |
(1,690 |
) |
|
$ |
23,265 |
|
|