How to account for different bundles in the installer? Currently my second field (bug_status) has no active instance. I guess I need logic in and around lines 38-42?

genima_log.install

<?php
/**
 * @file
 * Contains content installed by the module.
 *
 * Created by PhpStorm.
 * User: martindean
 * Date: 26/11/14
 * Time: 05:14
 */

/**
 * Implements hook_install().
 */
function genima_log_install() {
  // Save all new node types (from all modules).
  node_types_rebuild();
  // Get all node types.
  $types = node_type_get_types();
  // Add existing body field to OUR node type.
  node_add_body_field($types['logged_item']);
  // Call our function to add custom fields during install.
  add_custom_fields();
}

/**
 * Custom function to add fields.
 *
 * Uses data read from our custom arrays in _genima_log_installed_fields(),
 * and genima_log_installed_instances().
 * @todo this will need some sort of logic to distinguish between nodes?
 */
function add_custom_fields() {
  // A custom function to add fields, not a drupal hook.
  foreach (_genima_log_installed_fields() as $field) {
    field_create_field($field);
  }
  foreach (_genima_log_installed_instances() as $fieldinstance) {
    $fieldinstance['entity_type'] = 'node';
    $fieldinstance['bundle'] = 'logged_item';
    // Actually loop through and do the work.
    field_create_instance($fieldinstance);
  }
}

/**
 * Implements hook_uninstall().
 * @todo Insert a confirm during on uninstall, showing node count to remove.
 * @todo account for new fields.
 */
function genima_log_uninstall() {
  $genimanodetype = 'logged_item';
  // Get all node ID's of our content type.
  $sql = 'SELECT nid FROM {node} n WHERE n.type = :type';
  $result = db_query($sql, array(':type' => $genimanodetype));
  $nodeids = array();
  foreach ($result as $row) {
    $nodeids[] = $row->nid;
  }
  // Use the collected ID's to delete multiple nodes.
  node_delete_multiple($nodeids);
  // Add custom field deletion.
  delete_custom_fields();
  // Now delete the content type.
  node_type_delete($genimanodetype);
  // Batch fields in 500's.
  field_purge_batch(500);
}

/**
 * Custom function to delete fields.
 *
 * Called in genima_log_uninstall().
 */
function delete_custom_fields() {
  foreach (array_keys(_genima_log_installed_fields()) as $field) {
    field_delete_field($field);
  }
  $instances = field_info_instances('node', 'logged_item');
  foreach ($instances as $instance_name => $fieldinstance) {
    field_delete_instance($fieldinstance);
  }
}

/**
 * Implements hook_installed_fields().
 *
 * A private instance, just for this module, this is then invoked from the
 * add_custom_fields() function.
 */
function _genima_log_installed_fields() {
  // Private function, only for this module.
  // use get_t(); as t() is unavailable during install.
  $t = get_t();
  return array(
    'logged_item_type_field' => array(
      'field_name' => 'logged_item_type',
      'label' => $t('Type of log entry'),
      'type' => 'text',
    ),
    'bug_status_field' => array(
      'field_name' => 'bug_status',
      'label' => $t('Bug status'),
      'type' => 'text',
    ),
  );
}

/**
 * Implements hook_installed_instances().
 *
 * A private instance, just for this module, this is then invoked from the
 * add_custom_fields() function.
 */
function _genima_log_installed_instances() {
  // Private function, only for this module.
  $t = get_t();
  return array(
    // Add log type field instance and settings.
    'logged_item_type_instance' => array(
      'field_name' => 'genima_log_type',
      'type' => 'text',
      'label' => $t('Type of log entry'),
      'widget' => array(
        'type' => 'text_textfield',
      ),
      'display' => array(
        'logged_item_type_display' => array(
          'label' => $t('Type of log entry'),
          'type' => 'text',
        ),
      ),
    ),
    // Add bug field instance and settings.,
    'bug_status_instance' => array(
      'field_name' => 'genima_bug_status',
      'type' => 'text',
      'label' => $t('Status of bug'),
      'widget' => array(
        'type' => 'text_textfield',
      ),
      'display' => array(
        'bug_status_display' => array(
          'label' => $t('Status of bug'),
          'type' => 'text',
        ),
      ),
    ),
  );
}