BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Schedule of estimated useful lives by asset categories

Estimated useful lives by asset categories are as follows:

Buildings and land improvements	40 years
Furniture and equipment	3 - 7 years

Schedule of estimated fair value of financing facilities and notes

The estimated fair values of the Company's long-term debt were as follows (in thousands):

	September 30, 2019
	Carrying Value		Fair Value
Senior secured credit facility - revolving (1)	$	102,000	$	96,645
Senior secured credit facility - term loan A (1)	263,829		257,342
Senior secured credit facility - term loan B (1)	805,394		759,618
2016 7 7/8% senior unsecured notes (1)	490,435		481,250
MGE Niagara Resorts credit facility - term loan (1)	73,564		74,566
MGE Niagara Resorts convertible debenture (2)	30,204		30,204
Mohegan Expo credit facility (3)	29,357		30,282
Guaranteed credit facility (3)	31,840		33,031
Redemption note payable (3)	81,329		81,329
Other (3)	1,205		1,205
Long-term debt	$	1,909,157	$	1,845,472

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(1) Estimated fair values were based on Level 2 inputs (quoted market prices or prices of similar instruments) on or about September 30, 2019.

(2) Estimated fair value was based on Level 3 inputs (changes in market conditions) from date of issuance (June 11, 2019) to September 30, 2019.

(3) Estimated fair values were based on Level 3 inputs (present value of future payments discounted to carrying value) as of September 30, 2019.