XML 32 R20.htm IDEA: XBRL DOCUMENT v3.6.0.2
SEGMENT REPORTING
 12 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING:
As of September 30, 2016, the Authority owns and operates, either directly or through subsidiaries, the Connecticut Facilities and the Pennsylvania Facilities. Substantially all of the Authority's revenues are derived from these operations. The Connecticut Sun franchise, the Mohegan Sun Golf Club and the New England Black Wolves franchise are aggregated with the Mohegan Sun operating segment because these operations all share similar economic characteristics, which is to generate gaming and entertainment revenues by attracting patrons to Mohegan Sun. The Authority's executive officers review and assess the performance and operating results and determine the proper allocation of resources to the Connecticut Facilities and the Pennsylvania Facilities on a separate basis. Accordingly, the Authority has two separate reportable segments: (1) Mohegan Sun, which includes the operations of the Connecticut Facilities and (2) Mohegan Sun Pocono, which includes the operations of the Pennsylvania Facilities. The Authority's operations related to investments in unconsolidated affiliates and certain other Corporate development and management operations have not been identified as separate reportable segments; therefore, these operations are included in Corporate and other in the following segment disclosures to reconcile to consolidated results.
 
For the Fiscal Years Ended
(in thousands)
September 30, 2016
 
September 30, 2015
 
September 30, 2014
Net revenues:
 
 
 
 
 
Mohegan Sun
$
1,022,076

 
$
994,010

 
$
995,100

Mohegan Sun Pocono
298,677

 
295,135

 
296,578

Corporate and other
19,133

 
7,567

 
5,391

Inter-segment revenues
(5,092
)
 
(5,092
)
 
(4,351
)
Total
$
1,334,794

 
$
1,291,620

 
$
1,292,718

Income (loss) from operations:
 
 
 
 
 
Mohegan Sun
$
237,605

 
$
212,211

 
$
181,325

Mohegan Sun Pocono
41,445

 
45,817

 
36,956

Corporate and other
(17,907
)
 
(24,853
)
 
(36,873
)
Total
261,143

 
233,175

 
181,408

Accretion of discount to the relinquishment liability
—

 
(227
)
 
(2,205
)
Interest income
9,560

 
7,983

 
7,066

Interest expense, net of capitalized interest
(136,194
)
 
(143,876
)
 
(147,933
)
Loss on modification and early extinguishment of debt
(484
)
 
(3,987
)
 
(62,041
)
Loss from unconsolidated affiliates

(939
)
 
(972
)
 
(826
)
Other income (expense), net
(9
)
 
43

 
(27
)
Net income (loss)
133,077

 
92,139

 
(24,558
)
(Income) loss attributable to non-controlling interests
(427
)
 
2,255

 
380

Net income (loss) attributable to Mohegan Tribal Gaming Authority
$
132,650

 
$
94,394

 
$
(24,178
)
Comprehensive income (loss):
 
 
 
 
 
Foreign currency translation
10,495

 
—

 
—

Other comprehensive income
10,495

 
—

 
—

Other comprehensive income attributable to non-controlling interests
(5,389
)
 
—

 
—

Other comprehensive income attributable to Mohegan Tribal Gaming Authority
5,106

 
—

 
—

Comprehensive income (loss) attributable to Mohegan Tribal Gaming Authority
$
137,756

 
$
94,394

 
$
(24,178
)

 
For the Fiscal Years Ended
(in thousands)
September 30, 2016
 
September 30, 2015
 
September 30, 2014
Capital expenditures incurred:
 
 
 
 
 
Mohegan Sun
$
39,921

 
$
24,521

 
$
19,518

Mohegan Sun Pocono
7,575

 
5,448

 
3,946

Corporate and other
1,466

 
55

 
9,164

Total
$
48,962

 
$
30,024

 
$
32,628

 
 
 
 
 
 
(in thousands)
September 30, 2016
 
September 30, 2015
 
 
Total assets:
 
 
 
 
 
Mohegan Sun
$
1,332,231

 
$
1,332,458

 
 
Mohegan Sun Pocono
551,116

 
555,449

 
 
Corporate and other
344,615

 
132,226

 
 
Total
$
2,227,962

 
$
2,020,133