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Termination of Jamul Development Agreement	3 Months Ended
Apr. 01, 2012
Termination of Jamul Development Agreement [Abstract]
Termination of Jamul Development Agreement	3. Termination of Jamul Development Agreement Lakes initially entered into an agreement with the Jamul Indian Village (the “Jamul Tribe”) during 1999 to develop and manage a casino on behalf of the Jamul Tribe on the Jamul Tribe’s existing reservation approximately 20 miles east of San Diego, California (the “Jamul Casino Project”). Due to Lakes’ corporate strategic objectives, Lakes determined that it would not continue to move forward with the Jamul Casino Project and terminated the agreement with the Jamul Tribe in March 2012. As of April 1, 2012, Lakes had advanced approximately $57.7 million including accrued interest to the Jamul Tribe related to casino development efforts. Pursuant to the agreement with the Jamul Tribe, Lakes is required to fund tribal support costs of approximately $0.6 million and provide funding of certain professional fees of approximately $0.6 million subsequent to the first quarter of 2012. Although the Jamul Tribe remains obligated to repay all advances including accrued interest, it is not contemplated that the Jamul Tribe will have sufficient funds to make such payments unless it opens a gaming facility on its reservation. Lakes continues to have a collateral interest in all revenues from any future casino owned by the Tribe, and the casino’s furnishings and equipment. As a result of the termination of Lakes’ agreement with the Jamul Tribe, Lakes estimated the fair value of the notes receivable from the Jamul Tribe to be zero as of April 1, 2012 and January 1, 2012.

Termination of Jamul Development Agreement

3 Months Ended

Apr. 01, 2012

Termination of Jamul Development Agreement [Abstract]

Termination of Jamul Development Agreement

3. Termination of Jamul Development Agreement

Lakes initially entered into an agreement with the Jamul Indian Village (the “Jamul Tribe”) during 1999 to develop and manage a casino on behalf of the Jamul Tribe on the Jamul Tribe’s existing reservation approximately 20 miles east of San Diego, California (the “Jamul Casino Project”). Due to Lakes’ corporate strategic objectives, Lakes determined that it would not continue to move forward with the Jamul Casino Project and terminated the agreement with the Jamul Tribe in March 2012.

As of April 1, 2012, Lakes had advanced approximately $57.7 million including accrued interest to the Jamul Tribe related to casino development efforts. Pursuant to the agreement with the Jamul Tribe, Lakes is required to fund tribal support costs of approximately $0.6 million and provide funding of certain professional fees of approximately $0.6 million subsequent to the first quarter of 2012. Although the Jamul Tribe remains obligated to repay all advances including accrued interest, it is not contemplated that the Jamul Tribe will have sufficient funds to make such payments unless it opens a gaming facility on its reservation. Lakes continues to have a collateral interest in all revenues from any future casino owned by the Tribe, and the casino’s furnishings and equipment.

As a result of the termination of Lakes’ agreement with the Jamul Tribe, Lakes estimated the fair value of the notes receivable from the Jamul Tribe to be zero as of April 1, 2012 and January 1, 2012.