BASIS OF PRESENTATION (Tables)

9 Months Ended

Jun. 30, 2013

Reconciliation of long-term receivables and the related reserves for doubtful collection

The following table presents a reconciliation of long-term receivables and the related reserves for doubtful collection of these long-term receivables (in thousands):



	Long-Term Receivables
	Affiliates		Tenants and Others			Total
Balance, March 31, 2013 (1)	$	53,678	$	3,520		$	57,198
Additions:
Issuance of affiliate advances and tenant loans, including interest receivable	1,920		74			1,994
Deductions:
Payments received	—		(35		)	(35		)
Balance, June 30, 2013 (1)	$	55,598	$	3,559		$	59,157

Balance, September 30, 2012 (1)	$	49,841	$	3,533		$	53,374
Additions:
Issuance of affiliate advances and tenant loans, including interest receivable	5,757		129			5,886
Deductions:
Payments received	—		(103		)	(103		)
Balance, June 30, 2013 (1)	$	55,598	$	3,559		$	59,157

__________


(1)	Includes interest receivable of $25.7 million, $27.2 million and $22.9 million as of March 31, 2013, June 30, 2013 and September 30, 2012, respectively. The WTG receivables no longer accrue interest pursuant to a release and reimbursement agreement entered into in September 2010.



	Reserves for Doubtful Collection of Long-Term Receivables
	Affiliates		Tenants and Others			Total
Balance, March 31, 2013	$	22,958	$	65		$	23,023
Additions:
Charges to bad debt expense	576		—			576
Deductions:
Adjustments	—		(2		)	(2		)
Balance, June 30, 2013	$	23,534	$	63		$	23,597

Balance, September 30, 2012	$	21,807	$	70		$	21,877
Additions:
Charges to bad debt expense	1,727		—			1,727
Deductions:
Adjustments	—		(7		)	(7		)
Balance, June 30, 2013	$	23,534	$	63		$	23,597

Estimated fair value of financing facilities and notes

The carrying amount of cash and cash equivalents, receivables, trade payables and promissory notes approximates fair value. The estimated fair value of the Authority's financing facilities and notes were as follows (in thousands):



	June 30, 2013
	Carrying Value		Fair Value
Bank Credit Facility	$	394,000	$	378,240
Term Loan Facility	$	221,737	$	221,625
2009 11 1/2% Second Lien Senior Secured Notes	$	195	$	222
2012 11 1/2% Second Lien Senior Secured Notes	$	194,819	$	221,778
2012 10 1/2% Third Lien Senior Secured Notes	$	417,771	$	406,805
2004 7 1/8% Senior Subordinated Notes	$	21,156	$	20,098
2005 6 7/8% Senior Subordinated Notes	$	9,654	$	9,503
2012 11 % Senior Subordinated Notes	$	344,190	$	320,527

Reconciliation of severance liability by business segment

The following table presents a reconciliation of the related severance liability by business segment (in thousands):



	Mohegan Sun			Corporate			Mohegan Sun at Pocono Downs			Total
Balance, March 31, 2013	$	3,972		$	—		$	99		$	4,071
Adjustments	—			—			51			51
Cash payments	(1,993		)	—			(140		)	(2,133		)
Balance, June 30, 2013	$	1,979		$	—		$	10		$	1,989

Balance, September 30, 2012	$	12,497		$	24		$	—		$	12,521
Accrued severance at measurement date	—			—			124			124
Adjustments	(146		)	—			51			(95		)
Cash payments	(10,372		)	(24		)	(165		)	(10,561		)
Balance, June 30, 2013	$	1,979		$	—		$	10		$	1,989

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15

-Subparagraph b-d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 18

-Subparagraph c(2), d, e, f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph a, c(1), c(2), c(3), d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

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-Section 50

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Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

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-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

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-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

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-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 14

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

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-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 19

-Subparagraph a, b, c(1), d(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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