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Land
3 Months Ended
Apr. 01, 2012
Land [Abstract]  
Land

8.  Land

During July 2011, Lakes entered into a program to locate a buyer for the land located in Vicksburg, Mississippi which was previously held for development. As a result, the land is classified as held for sale. As of April 1, 2012 and January 1, 2012, the land is carried at $1.7 million on the accompanying consolidated balance sheets, which is its estimated fair value less expected cost to sell.

Lakes also owns parcels of undeveloped land in California related to its previous involvement in a potential casino project with the Jamul Tribe and undeveloped land in Oklahoma related to its previous involvement in a potential casino project with the Iowa Tribe of Oklahoma. As of April 1, 2012 and January 1, 2012, these parcels of land are carried at $1.1 million on the accompanying consolidated balance sheets.