ORGANIZATION AND ACQUISITION OF THE NIAGRA GAMING BUNDLE (Tables)

9 Months Ended

Jun. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Fair Value of Assets Acquired and Liabilities Assumed (in CAD)

The following table summarizes the preliminary allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed on June 11, 2019 (in thousands):

	June 11, 2019
Accounts receivable	$	1,448
Inventories	3,410
Other current assets	15,983
Property and equipment	50,282
Intangible asset	16,689
Other current liabilities	(15,525		)
Total	$	72,287

Schedule of Business Acquisition

The following table summarizes the financial results of the Niagara Gaming Bundle since the Closing Date which are included in the accompanying condensed consolidated statements of income for the three months and nine months ended June 30, 2019 (in thousands):

	June 11, 2019 through June 30, 2019
Net revenues	$	21,288
Net income	$	1,783

The following pro forma financial information includes historical financial results of the Niagara Gaming Bundle prior to the Acquisition, adjusted to include the Company's share of revenues earned under the COSA which are recorded on a net basis (refer to Note 2), along with other adjustments directly attributable to the Acquisition, including interest expense and depreciation (in thousands):

	For the		For the		For the	For the
	Three Months Ended		Three Months Ended		Nine Months Ended	Nine Months Ended
	June 30, 2019		June 30, 2018		June 30, 2019	June 30, 2018
Net revenues	$	415,162	$	433,913	1,206,916	1,285,790
Net income attributable to Mohegan Tribal Gaming Authority	$	17,128	$	37,455	7,386	95,328