XML 68 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Discontinued Operations
12 Months Ended
Dec. 31, 2010
Discontinued Operations [Abstract]  
Discontinued Operations

Note 19—Discontinued Operations

During 2006, we sold Grand Casino Gulfport, however, pursuant to the sales agreement, we retained all insurance proceeds related to that property. Discontinued operations for the period from January 28, 2008 through December 31, 2008 included insurance proceeds of $87.3 million, after taxes, representing the final funds received that were in excess of the net book value of the impacted assets and costs and expenses reimbursed under our business interruption claims for Grand Casino Gulfport.

Summary operating results for discontinued operations is as follows:

 

     Successor      Predecessor  

(In millions)

   2010      2009      Jan. 28,  2008
through
Dec. 31, 2008
     Jan. 1,  2008
through
Jan. 27, 2008
 

Net revenues

   $ —         $ —         $ —         $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Pre-tax income from discontinued operations

   $ —         $ —         $ 141.5       $ 0.1   
  

 

 

    

 

 

    

 

 

    

 

 

 

Discontinued operations, net of tax

   $ —         $ —         $ 90.4       $ 0.1