0001144204-12-044232.txt : 20120810 0001144204-12-044232.hdr.sgml : 20120810 20120810062423 ACCESSION NUMBER: 0001144204-12-044232 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120810 DATE AS OF CHANGE: 20120810 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Casino & Entertainment Properties LLC CENTRAL INDEX KEY: 0001297735 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 200573058 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-52975 FILM NUMBER: 121022505 BUSINESS ADDRESS: STREET 1: 2000 LAS VEGAS BOULEVARD SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89104 BUSINESS PHONE: 702-383-5242 MAIL ADDRESS: STREET 1: 2000 LAS VEGAS BOULEVARD SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89104 10-Q 1 v318567_10q.htm QUARTERLY REPORT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark one)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2012

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________to ____________

Commission File Number: 000-52975

American Casino & Entertainment Properties LLC

(Exact name of registrant as specified in its charter)

Delaware		20-0573058
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification No.)

2000 Las Vegas Boulevard South
Las Vegas, NV		89104
(Address of principal executive offices)		(Zip code)
	(702) 380-7777

(Registrant's telephone number, including area code)

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes x No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ¨ No x

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ¨	Accelerated filer ¨
Non-accelerated filer x (Do not check if a smaller reporting company)	Smaller reporting company ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ¨ No x

TABLE OF CONTENTS

			Page
Part I		Financial Information	1

	Item 1.	Unaudited Condensed Consolidated Financial Statements	1

		Condensed Consolidated Balance Sheets as of June 30, 2012 (unaudited) and December 31, 2011	1

		Condensed Consolidated Statements of Operations (unaudited) for the Three months ended June 30, 2012 and June 30, 2011	2

		Condensed Consolidated Statements of Operations (unaudited) for the Six months ended June 30, 2012 and June 30, 2011	3

		Condensed Consolidated Statements of Cash Flows (unaudited) for the Six months ended June 30, 2012 and June 30, 2011	4

		Condensed Consolidated Statement of Members’ Equity (unaudited) for the Six months ended June 30, 2012	5

		Notes to Condensed Consolidated Financial Statements (unaudited)	6

	Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	11

	Item 3.	Quantitative and Qualitative Disclosures About Market Risk	20

	Item 4.	Controls and Procedures	20

Part II		Other Information	21

	Item 6.	Exhibits	21

PART I-FINANCIAL INFORMATION

Item 1. Unaudited Condensed Consolidated Financial Statements.

AMERICAN CASINO & ENTERTAINMENT PROPERTIES LLC

CONDENSED CONSOLIDATED BALANCE SHEETS

	As of		As of
	June 30, 2012		December 31, 2011
	(Unaudited)
	(In thousands)
Assets
Current Assets:
Cash and cash equivalents	$	62,538	$	74,201
Investments-restricted		211		211
Accounts receivable, net		4,122		4,280
Accounts receivable, net - related party		75		196
Other current assets		11,514		11,462
Total Current Assets		78,460		90,350
Property and equipment, net		1,105,946		1,111,787
Debt issuance costs, net		2,367		2,055
Intangible and other assets		16,869		17,837
Total Assets	$	1,203,642	$	1,222,029

Liabilities and Members' Equity
Current Liabilities:
Accounts payable	$	5,147	$	4,730
Accrued expenses		17,569		16,429
Accounts payable and accrued expenses - related party		23		13
Accrued payroll and related expenses		11,444		11,431
Current portion of capital lease obligations		297		289
Total Current Liabilities		34,480		32,892

Long-Term Liabilities:
Long-term debt, net of unamortized discount		326,688		342,353
Capital lease obligations, less current portion		1,479		1,630
Total Long-Term Liabilities		328,167		343,983

Total Liabilities		362,647		376,875

Commitments and Contingencies

Members' Equity:
Members' Equity		840,995		845,154
Total Members' Equity		840,995		845,154
Total Liabilities and Members' Equity	$	1,203,642	$	1,222,029

See notes to condensed consolidated financial statements.

AMERICAN CASINO & ENTERTAINMENT PROPERTIES LLC

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three months ended June 30,
	2012			2011
	(Unaudited)
	(In thousands)
Revenues:
Casino	$	50,106		$	50,715
Hotel		17,792			16,924
Food and beverage		17,585			17,483
Tower, retail, entertainment and other		8,416			8,299
Gross revenues		93,899			93,421
Less promotional allowances		6,195			5,845
Net revenues		87,704			87,576

Costs And Expenses:
Casino		16,279			16,550
Hotel		9,132			8,942
Food and beverage		13,342			13,180
Other operating expenses		2,926			2,982
Selling, general and administrative		28,543			26,000
Depreciation and amortization		8,279			9,617
Loss on disposal of assets		35			23
Management fee - related party		250			250
Total costs and expenses		78,786			77,544

Income From Operations		8,918			10,032

Other Income (Expense):
Loss on debt redemption		(1,112	)		(1,378	)
Interest income		-			1
Interest expense		(10,599	)		(11,424	)
Total other expense, net		(11,711	)		(12,801	)

Net Loss	$	(2,793	)	$	(2,769	)

See notes to condensed consolidated financial statements.

AMERICAN CASINO & ENTERTAINMENT PROPERTIES LLC

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Six months ended June 30,
	2012			2011
	(Unaudited)
	(In thousands)
Revenues:
Casino	$	104,109		$	103,928
Hotel		33,395			32,104
Food and beverage		34,093			34,307
Tower, retail, entertainment and other		16,076			15,881
Gross revenues		187,673			186,220
Less promotional allowances		12,820			12,083
Net revenues		174,853			174,137

Costs And Expenses:
Casino		33,073			33,485
Hotel		17,333			17,315
Food and beverage		25,709			25,606
Other operating expenses		5,743			6,168
Selling, general and administrative		56,968			54,918
Depreciation and amortization		16,931			20,659
(Gain) loss on disposal of assets		(7	)		33
Management fee - related party		500			569
Total costs and expenses		156,250			158,753

Income From Operations		18,603			15,384

Other Income (Expense):
Loss on debt redemption		(1,112	)		(1,378	)
Interest income		-			1
Interest expense		(21,650	)		(23,010	)
Total other expense, net		(22,762	)		(24,387	)

Net Loss	$	(4,159	)	$	(9,003	)

See notes to condensed consolidated financial statements.

AMERICAN CASINO & ENTERTAINMENT PROPERTIES LLC

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

	Six months ended June 30,
	2012			2011
	(Unaudited)
	(In thousands)
Cash Flows From Operating Activities:
Net loss	$	(4,159	)	$	(9,003	)
Adjustments to reconcile net loss to net cash provided by
operating activities:
Depreciation and amortization		16,931			20,659
Amortization of debt issuance and debt discount costs		2,800			2,618
Loss on debt redemption		1,112			1,378
(Gain) loss on disposal of assets		(7	)		33
Changes in operating assets and liabilities:
Accounts receivable, net		158			(129	)
Other assets		6			(1,885	)
Accounts payable and accrued expenses		1,085			(3,379	)
Related party activity, net		131			(45	)
Net Cash Provided by Operating Activities		18,057			10,247

Cash Flows From Investing Activities:
Acquisition of property and equipment		(9,753	)		(7,053	)
Proceeds from sale of property and equipment		65			21
Net Cash Used in Investing Activities		(9,688	)		(7,032	)

Cash Flows From Financing Activities:
Deferred financing costs		(764	)		-
Payments on note payable		(19,125	)		(19,125	)
Payments on capital lease obligation		(143	)		(136	)
Net Cash Used in Financing Activities		(20,032	)		(19,261	)

Net decrease in cash and cash equivalents		(11,663	)		(16,046	)
Cash and cash equivalents - beginning of period		74,201			85,311
Cash and cash equivalents - end of period	$	62,538		$	69,265

Supplemental Disclosures of Cash Flow Information:

Cash paid during the period for interest, net of amounts capitalized	$	18,931		$	20,474

Supplemental Disclosures of Non-Cash Items:

Accrued capital expenditures	$	485		$	-

See notes to condensed consolidated financial statements.

AMERICAN CASINO & ENTERTAINMENT PROPERTIES LLC

CONDENSED CONSOLIDATED STATEMENT OF MEMBERS’ EQUITY

(Unaudited)

(In thousands)

	Class A Equity		Class B Equity			Total Equity
Balances at December 31, 2011	$	-	$	845,154		$	845,154
Net loss		-		(4,159	)		(4,159	)
Balances at June 30, 2012	$	-	$	840,995		$	840,995

See notes to condensed consolidated financial statements.

AMERICAN CASINO & ENTERTAINMENT PROPERTIES LLC

NOTES TO Condensed CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Note 1. The Company

American Casino & Entertainment Properties LLC, or ACEP, was formed in Delaware on December 29, 2003. As used in this Quarterly Report on Form 10-Q, the terms “ACEP”, “company”, “we”, “our”, “ours”, and “us” refer to American Casino & Entertainment Properties LLC and its subsidiaries, unless the context suggests otherwise. ACEP owns and operates the Stratosphere Casino Hotel & Tower, or the Stratosphere, Arizona Charlie’s Decatur and Arizona Charlie’s Boulder in Las Vegas, Nevada, and the Aquarius Casino Resort, or the Aquarius, in Laughlin, Nevada.

On April 22, 2007, American Entertainment Properties Corp., or AEP, our former direct parent, entered into a Membership Interest Purchase Agreement, or the Agreement, with W2007/ACEP Holdings, LLC, or Holdings, an affiliate of Whitehall Street Real Estate Funds, or Whitehall, a series of real estate investment funds affiliated with Goldman, Sachs & Co., to sell all of our issued and outstanding membership interests to Holdings, for approximately $1.3 billion. Pursuant to the Assignment and Assumption Agreement, dated December 4, 2007, between Holdings and W2007/ACEP Managers Voteco, LLC, or Voteco, Holdings assigned all of its rights, obligations and interests under the Agreement to Voteco. Voteco’s acquisition of ACEP, or the Acquisition, closed at a purchase price of $1.2 billion on February 20, 2008.

On February 23, 2010, ACEP and ACEP Finance Corp., or ACEP Finance and, together with ACEP, the Issuers, completed an exchange offer registered with the Securities and Exchange Commission, or SEC, in which the Issuers issued approximately $374.9 million aggregate principal amount of their 11% Senior Secured Notes due 2014, or SEC-Registered Notes, in exchange for $374.9 million of their outstanding, 11% Senior Secured Notes due 2014, or the Unregistered Notes, issued in a transaction pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, or the Securities Act. The SEC-Registered Notes have substantially identical terms to the Unregistered Notes, except that the SEC-Registered Notes were issued in a transaction registered under the Securities Act. The SEC-Registered Notes and the Unregistered Notes are collectively referred to herein as the 11% Senior Secured Notes.

Note 2. Basis of Presentation

The accompanying condensed consolidated financial statements included herein have been prepared by ACEP, without audit, in accordance with the accounting policies described in our 2011 audited consolidated financial statements and pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in financial statements, prepared in accordance with accounting principles generally accepted in the United States, have been condensed or omitted pursuant to such rules and regulations. We believe that the disclosures are adequate to make the information presented not misleading. In the opinion of management, the accompanying condensed consolidated financial statements include all adjustments (consisting only of those of a normal recurring nature), which are necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of results to be expected for any future interim period or for the entire fiscal year.

These condensed consolidated financial statements should be read in conjunction with the notes to the 2011 consolidated audited financial statements presented in our annual report on Form 10-K for the year ended December 31, 2011, filed with the SEC on March 22, 2012 (SEC File No. 000-52975). Our reports are available electronically by visiting the SEC website at http://www.sec.gov. You may also visit the investor relations section of the American Casino & Entertainment Properties LLC website at http://www.acepllc.com.

Principles of Consolidation

The condensed consolidated financial statements include the accounts of ACEP and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation.

Debt Issuance Costs

Debt issuance costs of $2.4 million and $2.1 million consist primarily of professional and registration fees directly related to the Company’s 11% Senior Secured Notes and are included on the Company’s consolidated balance sheet at June 30, 2012 and December 31, 2011, respectively. Included in the $2.4 million is approximately $764,000 of costs associated with the potential refinancing of the 11% Senior Secured Notes. If the potential refinancing is terminated, the costs associated with the potential refinancing will be expensed.

Reclassification

Certain reclassifications have been made to the three and six months periods ending June 30, 2011 consolidated financial statements to conform to the June 30, 2012 presentation. These reclassifications had no effect on net loss.

Note 3. Related Party Transactions

On February 20, 2008, we entered into a consulting agreement with Highgate Hotels, L.P., or Highgate, pursuant to which Highgate provides asset management consulting services to us. Highgate owns a less than 5% membership interest in Holdings. The agreement was amended to reduce fees payable thereunder on June 25, 2009 and Highgate converted amounts due them from ACEP to contributed capital in Holdings. The consulting agreement expires on June 20, 2013. Highgate is entitled to receive a $1.5 million per year base consulting fee for the periods through February 20, 2011 and a $1.0 million per year consulting fee for the periods after February 20, 2011, additional consulting fees up to $500,000 per year for periods after February 20, 2011 based on EBITDA results at the properties and development fees at 4% of the aggregate costs of any agreed upon development projects. We incurred Highgate fees of approximately $250,000 for both the three months ended June 30, 2012 and June 30, 2011. We incurred Highgate fees of approximately $500,000 and $569,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. As of June 30, 2012 and December 31, 2011, we owed Highgate $0. For the three months and six months ended June 30, 2012 we did not provide any IT consulting services to Highgate compared to approximately $0 and $14,000, respectively for the three and six months ended June 30, 2011. As of June 30, 2012 and December 31, 2011, Highgate owed us $0.

On June 16, 2008, we entered into an agreement with Travel Tripper LLC, or TTL, to utilize their technology for online hotel reservations. TTL is owned by an affiliate of Goldman Sachs (9%), an affiliate of Highgate (9%) and an employee of Highgate (40%). From June 16, 2008 to July 31, 2010, TTL was paid 4% of room revenues booked utilizing its system. As of August 1, 2010, the fee paid to TTL was reduced to 2%. We expensed fees of approximately $50,000 and $51,000 for the three months ended June 30, 2012 and June 30, 2011, respectively. We expensed fees of approximately $101,000 and $103,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. As of June 30, 2012 and December 31, 2011, we owed TTL approximately $18,000 and $11,000, respectively.

Archon Group, LP, or Archon, an affiliate of Goldman Sachs, provides various services to us such as cash management and insurance brokers. We expensed fees of approximately $34,000 and $2,000 for the three months ended June 30, 2012 and June 30, 2011, respectively. We expensed fees of approximately $53,000 and $22,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. In addition, we provided construction management services to Archon for hotels managed by them. We recorded revenues of approximately $223,000 for both the three and six months ended June 30, 2012 compared to approximately $92,000 and $238,000 for the three months and six months ended June 30, 2011, respectively. During April 2012, Archon prepaid for certain construction management services. We have recorded approximately $185,000 in deferred revenues as of June 30, 2012. The services will be provided by us through December 31, 2012. As of June 30, 2012 and December 31, 2011, we owed Archon $0. As of June 30, 2012 and December 31, 2011, Archon owed us approximately $75,000 and $196,000, respectively.

On October 3, 2008, we entered into a participation agreement with Nor1, Inc., or Nor1, to utilize their technology to help sell perishable suite and room inventories. Nor1 gives the guest who books on-line the opportunity to book a non-guaranteed suite or upgraded rooms at a discounted rate if such is available at check-in. If the suite or upgraded room is awarded, Nor1 is paid 25% of the upgrade fee. Goldman Sachs owns less than 5% of Nor1. We expensed fees of approximately $14,000 and $11,000 for the three months ended June 30, 2012 and June 30, 2011, respectively. We expensed fees of approximately $24,000 and $23,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. As of June 30, 2012 and December 31, 2011, we owed Nor1 approximately $5,000 and $2,000, respectively.

We follow a related party transaction approval policy for reviewing related person transactions. These procedures are intended to ensure that transactions with related persons are fair to us and in our best interests. If a proposed transaction appears to or does involve a related person, the transaction is presented to our audit committee for review. The audit committee is authorized to retain and pay such independent advisors as it deems necessary to properly evaluate the proposed transaction, including, without limitation, outside legal counsel and financial advisors to determine the fair value of the transaction.

Note 4. Intangible Assets

Pursuant to authoritative guidance, indefinite-lived intangible assets are subject to an annual assessment for impairment during the fourth quarter, or more frequently if there are indications of possible impairment, by applying a fair-value-based test.

Our finite-lived acquired intangible assets include our player loyalty plan and a non-compete agreement. Our indefinite-lived acquired intangible assets include trade names. Acquired assets are recorded at fair value on the date of acquisition and finite-lived assets are amortized over the estimated period to be benefited.

As of June 30, 2012 and December 31, 2011, we had the following intangible assets.

			(in thousands)
			June 30, 2012							December 31, 2011
			Gross					Net		Gross					Net
	Asset		Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
Amortizing intangible assets:	Life		Amount		Amortization			Amount		Amount		Amortization			Amount
Player Loyalty Plan		5 Years	$	7,450	$	(6,456	)	$	994	$	7,450	$	(5,711	)	$	1,739
Non-Compete Agreement		38 Months		1,045		(825	)		220		1,045		(660	)		385
			$	8,495	$	(7,281	)	$	1,214	$	8,495	$	(6,371	)	$	2,124

Non-amortizing intangible assets:
Trade Name								$	15,507						$	15,507
								$	16,721						$	17,631

Note 5. Debt

Long-term debt and capital lease obligations consist of the following:

	As of			As of
	June 30, 2012			December 31, 2011

	(In thousands)
11% Senior Secured Notes due June 15, 2014	$	337,500		$	356,250
Unamortized discount		(10,812	)		(13,897	)
Capital lease obligations		1,776			1,919
Total long-term debt and capital lease obligations		328,464			344,272
Current portion of capital lease obligations		(297	)		(289	)
Total long-term debt and capital lease obligations, net	$	328,167		$	343,983

11% Senior Secured Notes

On August 14, 2009, the Issuers issued the Unregistered Notes pursuant to the Indenture among the Issuers, certain subsidiary guarantors and The Bank of New York Mellon, as trustee, or the Indenture. The 11% Senior Secured Notes mature on June 15, 2014 and bear interest at a rate of 11% per annum. Interest is computed on the basis of a 360-day year composed of twelve 30-day months and is payable semi-annually on June 15 and December 15 of each year, beginning on December 15, 2009. The obligations are jointly, severally and unconditionally guaranteed by all of the subsidiaries of ACEP other than ACEP Finance and will be so guaranteed by any future domestic subsidiaries of ACEP, subject to certain exceptions. The 11% Senior Secured Notes are collateralized by substantially all fee and leasehold real property comprising the Stratosphere, the Aquarius, Arizona Charlie’s Decatur and Arizona Charlie’s Boulder.

On February 23, 2010, the Issuers completed an exchange offer registered with the SEC in which the Issuers issued approximately $374.9 million aggregate principal amount of their SEC-Registered Notes in exchange for $374.9 million of their Unregistered Notes. The SEC-Registered Notes have substantially identical terms to the Unregistered Notes, except that the SEC-Registered Notes were issued in a transaction registered under the Securities Act.

On May 31, 2011, the Issuers completed a redemption of five percent (5%) of aggregate principal amount of the 11% Senior Secured Notes pursuant to paragraph 5(b) of the 11% Senior Secured Notes and the redemption provisions of the Indenture (Section 3.07(b)). The redemption price for the 11% Senior Secured Notes was 102% of the principal amount of the 11% Senior Secured Notes redeemed, or $19.1 million, plus accrued interest to the redemption date of approximately $951,000. Interest on the 11% Senior Secured Notes called for redemption ceased to accrue on and after the redemption date. As a result of the redemption, a loss of $1.4 million was recognized. The loss is comprised of the redemption premium of $375,000 and a proportionate write-off of debt issuance and debt discount costs of $1.0 million.

On April 30, 2012, the Issuers completed a redemption of five percent (5%) of aggregate principal amount of the 11% Senior Secured Notes pursuant to paragraph 5(b) of the 11% Senior Secured Notes and the redemption provisions of the Indenture (Section 3.07(b)). The redemption price for the 11% Senior Secured Notes was 102% of the principal amount of the 11% Senior Secured Notes redeemed, or $19.1 million, plus accrued interest to the redemption date of approximately $773,000. Interest on the 11% Senior Secured Notes called for redemption ceased to accrue on and after the redemption date. As a result of the redemption, a loss of $1.1 million was recognized. The loss is comprised of the redemption premium of $375,000 and a proportionate write-off of debt issuance and debt discount costs of $737,000.

In accordance with positions established by the SEC, separate financial information with respect to the parent, co-issuer, guarantor subsidiaries and non-guarantor subsidiaries is not required as the parent and co-issuer have no independent assets or operations, the guarantees are full and unconditional and joint and several, and the total assets, stockholders’ equity, revenues, income from operations before income taxes and cash flows from operating activities of the non-guarantor subsidiaries is less than 3% of ACEP’s consolidated amounts.

The fair value of our debt is estimated based on market prices for the same or similar issues. We issued the Unregistered Notes on August 14, 2009. The estimated fair value of the 11% Senior Secured Notes was approximately $356.1 million as of June 30, 2012.

On or after June 15, 2012, the Issuers may redeem all or a part of the 11% Senior Secured Notes at the redemption prices set forth in the Indenture, plus accrued and unpaid interest to the applicable redemption date. As described above, on May 31, 2011 the Issuers redeemed 5% of the aggregate principal amount of the 11% Senior Secured Notes and on April 30, 2012 the Issuers redeemed an additional 5% of the aggregate principal amount of the 11% Senior Secured Notes.

If certain change of control events occur as specified in the Indenture, we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 101% of the principal amount of the 11% Senior Secured Notes repurchased, plus accrued and unpaid interest to the applicable repurchase date.

If ACEP or its subsidiaries sell assets under certain circumstances or experience certain events of loss, we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 100% of the principal amount of the Notes repurchased, plus accrued and unpaid interest to the date of purchase, prepayment or redemption, as the case may be.

We are bound by certain covenants contained and defined in the Indenture that requires us to file quarterly and annual reports, and among other things, restricts our ability to:

	•		declare or pay dividends and distributions on our equity interests, purchase, redeem, or otherwise retire for value any equity interest, make payments on debt, or make investments;

	•		incur indebtedness or issue preferred stock;

	•		sell, create liens, or otherwise encumber our assets or equity interests; and

	•		enter into transactions with affiliates.

These covenants contained in the Indenture are subject to a number of important limitations and exceptions.

The Indenture provides for events of default, including, but not limited to, cross defaults to certain other debt of ACEP and its subsidiaries. In the case of an event of default arising from specified events of bankruptcy or insolvency, all outstanding 11% Senior Secured Notes will become due and payable immediately without further action or notice. Management believes that we are in compliance with the provisions of the Indenture as of quarter end and the date of this filing.

Note 6. Legal Proceedings

We are, from time to time, a party to various legal proceedings arising out of our businesses. We believe, however, there are no proceedings pending or threatened against us, which, if determined adversely, would have a material adverse effect upon our financial condition, results of operations or liquidity.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

With the exception of historical facts, the matters discussed in this quarterly report on Form 10-Q are forward looking statements. Forward-looking statements may relate to, among other things, future actions, future performance generally, business development activities, future capital expenditures, strategies, the outcome of contingencies such as legal proceedings, future financial results, financing sources and availability and the effects of regulation and competition. When we use the words “believe”, “intend”, “expect”, “may”, “will”, “should”, “anticipate”, “could”, “estimate”, “plan”, “predict”, “project”, or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements.

These forward-looking statements are based on the current plans and expectations of our management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. These factors include, but are not limited to: the size of our indebtedness, our indebtedness' effect on our business, the adverse effect of government regulation and other matters affecting the gaming industry, increased operating costs of our properties, increased competition in the gaming industry, adverse effects of economic downturns and terrorism, our failure to make necessary capital expenditures, increased costs associated with our growth strategy, the loss of key personnel, risks associated with geographical market concentration, our failure to satisfy our working capital needs from operations or our indebtedness, our inability to raise additional money, our dependence on water, energy and technology services, adverse effects of increasing energy costs, and the availability of and costs associated with potential sources of financing.

We warn you that forward-looking statements are only predictions. Actual events or results may differ as a result of risks that we face. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to update them.

The following discussion contains management’s discussion and analysis of financial condition and results of operations. Management’s discussion and analysis should be read in conjunction with “Item 1. Financial Statements” of this quarterly report on Form 10-Q and Management’s Discussion and Analysis of Financial Condition and Results of Operations presented in our annual report on Form 10-K for the year ended December 31, 2011.

Overview

We own and operate four gaming and entertainment properties in Clark County, Nevada. The four properties are:

the Stratosphere Casino Hotel & Tower, or the Stratosphere, which is located on the Las Vegas Strip and caters to visitors to Las Vegas;

two off-Strip casinos, Arizona Charlie's Decatur and Arizona Charlie's Boulder, which cater primarily to residents of Las Vegas and the surrounding communities; and

the Aquarius Casino Resort, in Laughlin, Nevada, or the Aquarius, which caters to visitors to Laughlin.

We believe that the Stratosphere is one of the most recognized landmarks in Las Vegas, our two Arizona Charlie’s properties are well-known casinos in their respective marketplaces and the Aquarius is the largest hotel by number of rooms in Laughlin. Each of our properties offers customers a value-oriented experience by providing competitive odds in our casinos, quality rooms in our hotels, award-winning dining facilities and, at the Stratosphere and Aquarius, an offering of competitive value-oriented entertainment attractions. We believe the value we offer our customers, together with a strong focus on customer service, will enable us to continue to attract customers to our properties.

We use certain key measurements to evaluate operating revenue. Casino revenue measurements include “table games drop” and “slot coin-in,” which are measures of the total amounts wagered by patrons. “Win” or “hold percentage” represents the percentage of table games drop or slot coin-in that is retained by the casino and recorded as casino revenue. Hotel revenue measurements include hotel occupancy rate, which is the average percentage of available hotel rooms occupied during a period, and average daily room rate, which is the average price of occupied rooms per day. Food and beverage revenue measurements include number of covers, which is the number of guests served, and the average check amount per guest.

Our operating results are greatly dependent on the volume of customers at our properties, which in turn affects the price we can charge for our non-gaming amenities. A substantial portion of our operating income is generated from our gaming operations, more specifically, slot play (including video poker). Approximately 53.4% of our gross revenue for the three months ended June 30, 2012 was generated from our gaming operations. Hotel and food and beverage sales generated similar percentages of our gross revenue during the three months ended June 30, 2012, with hotel sales representing 18.9% and food and beverage sales representing 18.7%. The majority of our revenue is cash based through customers wagering with cash or paying for non-gaming amenities with cash or credit card.

Our expenses also depend on the volume of customers at our properties. The volume of customers that visit our properties directly affects our labor, which represented approximately 51.3% of our expenses during the three months ended June 30, 2012, and the amount we spend on marketing, which represented approximately 2.7% of our expenses during the three months ended June 30, 2012. However, we incur a significant amount of costs that do not vary directly with changes in the volume of customers. As a result, it is difficult to reduce costs to match reductions in demand, which results in reduced operating margins. Because our business is capital intensive, we rely heavily on the ability of our properties to generate operating cash flow to repay debt financing, fund maintenance capital expenditures and provide excess cash for future development.

Las Vegas is one of the largest entertainment markets in the country. Las Vegas hotel occupancy rates are among the highest of any major market in the United States. We believe that the Las Vegas gaming market has two distinct sub-segments: the tourist market, which tends to be concentrated on the Las Vegas Strip and Downtown Las Vegas, and the local market, which includes the surrounding Las Vegas area.

Results of Operations

Three Months Ended June 30, 2012 Compared to Three Months Ended June 30, 2011

The following table sets forth the results of our operations for the periods indicated.

	Three months ended June 30,
	2012			2011
	(in millions)
Income Statement Data:
Revenues:
Casino	$	50.1		$	50.7
Hotel		17.8			16.9
Food and beverage		17.6			17.5
Tower, retail, entertainment and other		8.4			8.3
Gross revenues		93.9			93.4
Less promotional allowances		6.2			5.8
Net revenues		87.7			87.6

Costs and expenses:
Casino		16.3			16.6
Hotel		9.1			8.9
Food and beverage		13.3			13.2
Other operating expenses		2.9			3.0
Selling, general and administrative		28.9			26.3
Depreciation and amortization		8.3			9.6
Total costs and expenses		78.8			77.6
Income from operations	$	8.9		$	10.0

EBITDA Reconciliation:
Net loss	$	(2.8	)	$	(2.8	)
Interest expense		10.6			11.4
Depreciation and amortization		8.3			9.6
EBITDA	$	16.1		$	18.2

We believe that our presentation of EBITDA is an important supplemental measure of our operating performance to investors. EBITDA is a commonly used measure of performance in our industry which we believe, when considered with measures calculated in accordance with United States Generally Accepted Accounting Principles (GAAP), gives investors a more complete understanding of operating results before the impact of investing and financing transactions and income taxes and facilitates comparisons between us and our competitors. Although EBITDA is a non-GAAP measure, we believe this measure will be used by investors in their assessment of our operating performance and the valuation of our company.

Our consolidated gross revenues increased 0.5% to $93.9 million for the three months ended June 30, 2012 from $93.4 million for the three months ended June 30, 2011. The increases in our gross revenues were due primarily to hotel revenue growth generated by higher average daily room rates and market factors, such as the increased visitation to Las Vegas. Our consolidated income from operations and EBITDA decreased 11.0% and 11.5% to $8.9 million and $16.1 million for the three months ended June 30, 2012 compared to $10.0 million and $18.2 million for the three months ended June 30, 2011, respectively. Income from operations and EBITDA were negatively impacted by a 9.9% increase in selling, general and administrative expenses (see Selling, General & Administrative “SG&A” below). In addition, EBITDA for the period was negatively impacted by a $1.1 million charge for the early redemption of debt related to the voluntary redemption of 5% of the aggregate principal amount of our 11% Senior Secured Notes, of which approximately $737,000 was non-cash. Similarly, EBITDA for the three months ended June 30, 2011 was negatively impacted by a $1.4 million charge for the early redemption of debt related to the voluntary redemption of 5% of our 11% Senior Secured Notes, of which $1.0 million was non-cash. Income from operations for the three months ended June 30, 2012 was positively impacted by a 13.5% decrease in depreciation and amortization expenses to $8.3 million from $9.6 million for the three months ended June 30, 2012, compared to the three months ended June 30, 2011, respectively. The decrease in depreciation and amortization expenses was due to certain of our property, plant and equipment assets reaching the end of their depreciable life during 2011.

Casino

Casino revenues consist of revenues from slot machines, table games, poker, race and sports book, bingo and keno. Casino revenues decreased 1.2% to $50.1 million for the three months ended June 30, 2012, compared to $50.7 million for the three months ended June 30, 2011. For the three months ended June 30, 2012, slot machine revenues were 85.8% of casino revenues, and table game revenues were 11.6% of casino revenues, compared to 84.8% and 11.0% of casino revenues, respectively, for the three months ended June 30, 2011. Our slot revenues were flat and table revenues increased 3.6% year-over-year. The increase in tables was the result of a 1.5 percentage point increase in hold and 4.1% decrease in drop compared to the three months ended June 30, 2011. Other casino revenues, consisting of race and sports book, poker, bingo and keno, declined 38.1% for the three months ended June 30, 2012 compared to the three months ended June 30, 2011. Despite an 8.7% increase in handle, race and sports book revenues decreased 22.3% compared to the three months ended June 30, 2011. The decline in revenues was due to a 4.2 percentage point decrease in hold which was caused primarily by low holds for baseball and basketball. Bingo revenues declined 85.4% due to a 9.2 percentage point decrease in hold and a 13.7% decline in the number of patrons. The decline in patrons was driven by increased promotional activity and special game offerings by our competitors. Additionally, results for the period ended June 30, 2011 benefitted from a jackpot promotion at Arizona Charlie’s Boulder that boosted patron headcounts and revenues. Poker revenues decreased 14.0%. Casino operating expenses decreased 1.8% to $16.3 million for the three months ended June 30, 2012, compared to $16.6 million for the three months ended June 30, 2011. The decrease in expenses was due primarily to lower slot participation expenses, revenue taxes and repair and maintenance expenses. Participation expenses consist of fees paid to game owners for the use of their games. Despite the decline in revenues, our casino operating margin increased slightly to 67.5% for the three months ended June 30, 2012, compared to 67.3% for the three months ended June 30, 2011.

Hotel

Hotel revenues increased 5.3% to $17.8 million for the three months ended June 30, 2012 from $16.9 million for the three months ended June 30, 2011. Our combined room occupancy increased to 73.0% for the three months ended June 30, 2012 compared to 70.8% for the three months ended June 30, 2011 and the average daily room rate increased 2.8% for the three months ended June 30, 2012 compared to the three months ended June 30, 2011. All of our properties except Arizona Charlie’s Boulder increased room revenue for the three months ended June 30, 2012 compared to the three months ended June 30, 2011. We believe our ability to increase our average daily room rate and, as a result, increase our hotel revenue is due to increased occupancy and higher room rates in Las Vegas in general and the improved room product at Stratosphere and Aquarius. Our hotel expenses increased 2.2% to $9.1 million for the three months ended June 30, 2012, compared to $8.9 million for the three months ended June 30, 2011 due primarily to higher costs associated with higher occupancy. Due to the increase in revenues, our hotel operating margin increased to 48.9% for the three months ended June 30, 2012 as compared to 47.3% for the three months ended June 30, 2011.

Food & Beverage

Food and beverage revenues increased 0.6% to $17.6 million for the three months ended June 30, 2012, compared to $17.5 million for the three months ended June 30, 2011. Overall, food covers and beverage covers decreased 3.0% and 2.5%, respectively, for the three months ended June 30, 2012, compared to the three months ended June 30, 2011. Average revenue per cover for the three months ended June 30, 2012 increased 3.7% compared to the three months ended June 30, 2011. Our food and beverage expenses increased 0.8% to $13.3 million for the three months ended June 30, 2012 compared to $13.2 million for the three months ended June 30, 2011. The increase was due to higher labor costs and a 0.8 percentage point increase in our food and beverage cost of goods sold. Because of the increase in expenses and relatively flat revenues, our food and beverage operating margin decreased to 24.4% for the three months ended June 30, 2012 as compared to 24.6% for the three months ended June 30, 2011.

Tower, Retail, Entertainment and Other

Tower, retail, entertainment and other revenues increased 1.2% to $8.4 million for the three months ended June 30, 2012 from $8.3 million for the three months ended June 30, 2011. Tower revenues decreased 5.1% for the three months ended June 30, 2012, compared to the three months ended June 30, 2011. The decrease was due primarily to a 1.1% decrease in total guest admissions and a 4.1% decrease in average revenue per guest admission compared to the three months ended June 30, 2011. Entertainment revenue increased 33.2% for the three months ended June 30, 2012, compared to the three months ended June 30, 2011. The American Superstars show at the Stratosphere closed on March 30, 2011, while Frankie Moreno Live at Stratosphere debuted on November 9, 2011. Retail revenue decreased 8.3% for the three months ended June 30, 2012 compared to the three months ended June 30, 2011. Other operating income increased 32.2% for the three months ended June 30, 2012 compared to the three months ended June 30, 2011. The increase in revenue was primarily due to higher project development revenue and ATM commission revenues. Our project development revenue is derived from construction management services provided to hotel and casino management companies (see Note 3. Related Party Transactions). Other operating expenses decreased 3.1% to $2.9 million for the three months ended June 30, 2012 compared to $3.0 million for the three months ended June 30, 2011. This decrease was primarily due to reductions in repair and maintenance expenses and labor costs.

Promotional Allowances

Promotional allowances are comprised of the retail value of goods and services provided to casino patrons under various marketing programs. As a percentage of casino revenues, promotional allowances increased to 12.4% for the three months ended June 30, 2012 from 11.4% for the three months ended June 30, 2011. This increase was primarily due to increased room, food and entertainment promotions. Room promotions increased due to increased direct marketing room redemptions by our guests and entertainment promotions increased due to the addition of the Frankie Moreno Live at Stratosphere show and an increase in the number of events at Aquarius.

Selling, General and Administrative (‘‘SG&A’’)

Selling, general and administrative expenses are primarily comprised of payroll, marketing, advertising, utilities and other administrative expenses. These expenses increased 9.9% to $28.9 million, or 30.8% of gross revenues, for the three months ended June 30, 2012, compared to $26.3 million, or 28.2% of gross revenues for the three months ended June 30, 2011. This increase was primarily due to higher sales tax, repair and maintenance, advertising and related marketing expenses, higher guest loss and damage provisions and labor costs. Sales tax expenses for the three months ended June 30, 2012 includes approximately $248,000 for audit assessment related to a Nevada Department of Taxation audit and additionally, we began to accrue for sales taxes on complimentary meals provided to customers and employees resulting in an additional $195,000 in expense based on a decision by the Nevada Tax Commission. Repair and maintenance expenses for the three months ended June 30, 2012 include approximately $420,000 we spent on a plumbing and drain repair project at Arizona Charlie’s Decatur. Advertising expenses increased by approximately $400,000 for the three months ended June 30, 2012 compared to the three months ended June 30, 2011. For the three months ended June 30, 2011 guest loss and damage expense benefited from a credit of approximately $190,000 for the reduction in liability for two major claims.

Interest Expense

Interest expense decreased 7.0% to $10.6 million for the three months ended June 30, 2012, compared to $11.4 million for the three months ended June 30, 2011. The decrease was due primarily to the redemption of 5% of the aggregate principal amount of our 11% Senior Secured Notes on May 31, 2011 and the redemption of an additional 5% of the aggregate principle amount of our 11% Senior Secured Notes on April 30, 2012.

Six Months Ended June 30, 2012 Compared to Six Months Ended June 30, 2011

The following table sets forth the results of our operations for the periods indicated.

	Six months ended June 30,
	2012			2011
	(in millions)
Income Statement Data:
Revenues:
Casino	$	104.1		$	104.0
Hotel		33.4			32.1
Food and beverage		34.1			34.3
Tower, retail, entertainment and other		16.1			15.8
Gross revenues		187.7			186.2
Less promotional allowances		12.8			12.1
Net revenues		174.9			174.1

Costs and expenses:
Casino		33.1			33.5
Hotel		17.3			17.3
Food and beverage		25.7			25.6
Other operating expenses		5.7			6.2
Selling, general and administrative		57.6			55.4
Depreciation and amortization		16.9			20.7
Total costs and expenses		156.3			158.7
Income from operations	$	18.6		$	15.4

EBITDA Reconciliation:
Net loss	$	(4.2	)	$	(9.0	)
Interest expense		21.7			23.0
Depreciation and amortization		16.9			20.7
EBITDA	$	34.4		$	34.7

Our consolidated gross revenues increased 0.8% to $187.7 million for the six months ended June 30, 2012 from $186.2 million for the six months ended June 30, 2011. Our consolidated income from operations and EBITDA increased 20.8% and decreased 0.9% to $18.6 million and $34.4 million for the six months ended June 30, 2012 compared to $15.4 million and $34.7 million for the six months ended June 30, 2011, respectively. The increases in our gross revenues and income from operations are due primarily to revenue growth for our gaming and hotel divisions caused by higher slot coin-in and table games hold percentage for the casino, and for the hotel, higher average daily room rates and market factors, such as the increased visitation to Las Vegas. Income from operations for the six months ended June 30, 2012 was positively impacted by an 18.4% decrease in depreciation and amortization expenses to $16.9 million from $20.7 million and a 16.3% decrease in advertising expenses to $3.6 million from $4.3 million for the six months ended June 30, 2012, compared to the six months ended June 30, 2011, respectively. The decrease in depreciation and amortization expenses was due to certain of our property, plant and equipment assets reaching the end of their depreciable life during 2011. The decrease in advertising expenses was due to the launch of the Elevate Your Expectations advertising campaign for the Stratosphere and an advertising campaign supporting the launch of Ron’s Steakhouse at Arizona Charlie’s Decatur during the first quarter of 2011. Income from operations and EBITDA for the six months ended June 30, 2012 was negatively impacted by a 4.0% increase in selling, general and administrative expenses (see Selling, General & Administrative “SG&A” below). EBITDA for the six months ended June 30, 2012 was also negatively impacted by a $1.1 million charge for the early redemption of debt related to the voluntary redemption of 5% of the aggregate principal amount of our 11% Senior Secured Notes, of which approximately $737,000 was non-cash. Similarly, EBITDA for the six months ended June 30, 2011 was negatively impacted by a $1.4 million charge for the early redemption of debt related to the voluntary redemption of 5% of our 11% Senior Secured Notes, of which $1.0 million was non-cash.

Casino

Casino revenues consist of revenues from slot machines, table games, poker, race and sports book, bingo and keno. Casino revenues increased 0.1% to $104.1 million for the six months ended June 30, 2012, compared to $104.0 million for the six months ended June 30, 2011. Revenues for the six months ended June 30, 2012 were negatively impacted by a 38.1% decline in other casino revenues during the three months ended June 30, 2012. Our slot and table revenues increased 0.6% and 1.7%, respectively. For the six months ended June 30, 2012, slot machine revenues were 85.2% of casino revenues, and table game revenues were 11.6% of casino revenues, compared to 84.8% and 11.4% of casino revenues, respectively, for the six months ended June 30, 2011. Slot revenues increased 0.6% due to a 2.0% increase in coin-in while table revenues increased 1.7% due to a 1.1 percentage point increase in hold and 3.4% decrease in drop compared to the six months ended June 30, 2011. Other casino revenues, consisting of race and sports book, poker, bingo and keno, decreased 15.4% for the six months ended June 30, 2012 compared to the six months ended June 30, 2011. Lower race and sports book and bingo revenues were partially offset by increased poker revenues. Race and sports book revenues declined 8.3% compared to the six months ended June 30, 2011 due to a combination of a 0.3% decrease in handle and a 0.9 percentage point decrease in hold. Low hold for our sports book during the three months ended June 30, 2012, particularly for baseball and basketball were the primary cause of the decline in revenue. In addition, bingo revenues declined 55.7% due to a 9.8% decline in the number of patrons and a 5.3 percentage point decrease in hold. The decline in bingo patrons during the three months ended June 30, 2012 coupled with increased promotional activity and special game offerings by our competitors was the primary cause for the decline in revenues. Revenues for the period ended June 30, 2011 benefitted from a jackpot promotion at Arizona Charlie’s Boulder that boosted patron headcounts and revenues. Poker revenues increased 9.5% due to higher tournament revenues. Casino operating expenses decreased 1.2% to $33.1 million for the six months ended June 30, 2012, compared to $33.5 million for the six months ended June 30, 2011. The decrease in expenses was due primarily to lower slot participation expenses and repair and maintenance expenses. Participation expenses consist of fees paid to game owners for the use of their games. As a result, our casino operating margin was 68.2% for the six months ended June 30, 2012, compared to 67.8% for the six months ended June 30, 2011.

Hotel

Hotel revenues increased 4.0% to $33.4 million for the six months ended June 30, 2012 from $32.1 million for the six months ended June 30, 2011. Combined room occupancy increased to 69.5% for the six months ended June 30, 2012 compared to 68.1% for the six months ended June 30, 2011 and the average daily room rate increased 2.2% for the six months ended June 30, 2012 compared to the six months ended June 30, 2011. All properties except Arizona Charlie’s Boulder increased room revenue for the six months ended June 30, 2012 compared to the six months ended June 30, 2011. We believe our ability to increase our average daily room rate and, as a result, increase our hotel revenue is due to increased occupancy and higher room rates in Las Vegas in general and the improved room product at Stratosphere and Aquarius. Our hotel expenses were $17.3 million for both the six months ended June 30, 2012 and the six months ended June 30, 2011. Due to the increase in revenues, our hotel operating margin increased to 48.2% for the six months ended June 30, 2012 as compared to 46.1% for the six months ended June 30, 2011.

Food & Beverage

Food and beverage revenues declined 0.6% to $34.1 million for the six months ended June 30, 2012, compared to $34.3 million for the six months ended June 30, 2011. Food and beverage revenues at the Aquarius declined 1.5% for the six months ended June 30, 2012 compared to the six months ended June 30, 2011 due to closures of certain of our food venues and bars to replace plumbing, equipment and fixtures during the three months ended March 31, 2012. Overall, food covers and beverage covers decreased 3.1% and 2.2%, respectively, for the six months ended June 30, 2012, compared to the six months ended June 30, 2011. Average revenue per cover for the six months ended June 30, 2012 increased 2.5% compared to the six months ended June 30, 2011. Our food and beverage expenses were $25.7 million for the six months ended June 30, 2012 compared to $25.6 million the six months ended June 30, 2011. The increase in our food and beverage expenses was due primarily to higher labor costs and a 0.7 percentage point increase in our cost of goods sold due to rising product costs in general. Due to the decline in revenues, our food and beverage operating margin decreased to 24.6% for the six months ended June 30, 2012 as compared to 25.4% for the six months ended June 30, 2011.

Tower, Retail, Entertainment and Other

Tower, retail, entertainment and other revenues increased 1.9% to $16.1 million for the six months ended June 30, 2012 from $15.8 million for the six months ended June 30, 2011. Tower revenues decreased 0.8% for the six months ended June 30, 2012, compared to the six months ended June 30, 2011. While total guest admissions and Sky Jump revenues increased 2.7% and 4.2% respectively, overall average revenue per guest admission fell 3.4% for the six months ended June 30, 2012 compared to the six months ended June 30, 2011. Entertainment revenue declined 4.2% for the six months ended June 30, 2012, compared to the six months ended June 30, 2011, due primarily to lower average ticket prices. Retail revenue decreased 4.1% for the six months ended June 30, 2012 compared to the six months ended June 30, 2011. Other operating income increased 18.6% for the six months ended June 30, 2012 compared to the six months ended June 30, 2011. The increase in revenue was primarily due to higher ATM commission revenues. Other operating expenses decreased 8.1% to $5.7 million for the six months ended June 30, 2012 compared to $6.2 million for the six months ended June 30, 2011. This decrease was primarily due to a reduction in entertainer fees and lower property tax and repair and maintenance expenses.

Promotional Allowances

Promotional allowances are comprised of the retail value of goods and services provided to casino patrons under various marketing programs. As a percentage of casino revenues, promotional allowances increased to 12.3% for the six months ended June 30, 2012 from 11.6% for the six months ended June 30, 2011. This increase was primarily due to increased room, food and entertainment promotions. Room promotions increased due to increased direct marketing room redemptions by our guests and entertainment promotions increased due to the addition of the Frankie Moreno Live at Stratosphere show and an increase in the number of events at Aquarius.

Selling, General and Administrative (‘‘SG&A’’)

Selling, general and administrative expenses are primarily comprised of payroll, marketing, advertising, utilities and other administrative expenses. These expenses increased 4.0% to $57.6 million, or 30.7% of gross revenues, for the six months ended June 30, 2012, compared to $55.4 million, or 29.8% of gross revenues for the six months ended June 30, 2011. This increase was primarily due to higher sales tax, repair and maintenance, guest loss and damage provisions, postage and labor costs. Sales tax expenses for the three months ended June 30, 2012 includes approximately $248,000 for audit assessment related to a Nevada Department of Taxation audit and additionally, we began to accrue for sales taxes on complimentary meals provided to customers and employees resulting in an additional $306,000 in expense based on a decision by the Nevada Tax Commission. Repair and maintenance expenses include approximately $420,000 for a plumbing and drain repair project at Arizona Charlie’s Decatur and $167,000 in building repairs at the Aquarius. For the six months ended June 30, 2011 guest loss and damage expense benefited from a credit of approximately $190,000 for the reduction in liability for two major claims. The increased expenses were partially offset by reduced advertising expenses. Advertising expenses declined to approximately $3.6 million during the six months ended June 30, 2012 compared to $4.3 million during the six months ended June 30, 2011, which included the launch of the Elevate Your Expectations advertising campaign for the Stratosphere and an advertising campaign supporting the launch of Ron’s Steakhouse at Arizona Charlie’s Decatur during the six months ended June 30, 2011.

Interest Expense

Interest expense decreased 5.7% to $21.7 million for the six months ended June 30, 2012, compared to $23.0 million for the six months ended June 30, 2011. The decrease was due primarily to the redemption of 5% of the aggregate principal amount of our 11% Senior Secured Notes on May 31, 2011 and the redemption of an additional 5% of the aggregate principle amount of our 11% Senior Secured Notes on April 30, 2012.

Financial Condition

Liquidity and Capital Resources

The following liquidity and capital resources discussion contains certain forward-looking statements with respect to our business, financial condition, results of operations, dispositions, acquisitions, renovation projects and our subsidiaries, which involve risks and uncertainties that cannot be predicted or quantified, and consequently, actual results may differ materially from those expressed or implied herein. Such risks and uncertainties include, but are not limited to, financial market risks, the ability to maintain existing management, competition within the gaming industry, the cyclical nature of the hotel business and gaming business, economic conditions, regulatory matters and litigation and other risks described in our filings with the SEC. In addition, renovation projects entail significant risks, including shortages of materials or skilled labor, unforeseen regulatory problems, work stoppages, weather interference, floods, unanticipated cost increases, and disruption to business. The anticipated costs and construction periods are based on budgets, conceptual design documents and construction schedule estimates. There can be no assurance that the budgeted costs or construction period will be met. All forward-looking statements are based on our current expectations and projections about future events.

As of June 30, 2012 we had $62.5 million in unrestricted cash and cash equivalents compared to $69.3 million on June 30, 2011. Net cash provided by operating activities for the six months ended June 30, 2012 was $18.1 million compared to $10.2 million for the six months ended June 30, 2011. The increase in cash flow from operations was driven by a $1.0 million increase in net revenues and $2.3 million and $1.4 million decreases in expenses and interest expense, respectively.

During the six months ended June 30, 2012, our total capital expenditures were $10.2 million (including approximately $485,000 in non-cash items), of which approximately $1.2 million was spent on slot machine replacements and conversions, $1.3 million on a replacement fire safety system at the Stratosphere, $1.7 million for renovations to our hotel rooms, public areas and food and beverage venues, $1.0 million on information technology and $5.0 million on our facilities and operations. For the six months ended June 30, 2011, our total capital expenditures were $7.1 million, of which approximately $2.1 million was spent on slot machine replacements and conversions, $500,000 on hotel room renovations and upgrades, $1.4 million for renovations to our public areas and food and beverage venues and $3.1 million on our facilities, operations and information technology.

Our primary cash requirements for the next twelve months are expected to include (i) expenses associated with ongoing day-to-day operations, (ii) interest payments on indebtedness, (iii) payments for design and development costs of future projects, and (iv) regular maintenance and other capital expenditures. We currently anticipate that we will spend approximately $18.9 million on regular maintenance and renovation capital projects during 2012, which we will continue to evaluate throughout the year.

We may from time to time seek to retire or repurchase our outstanding 11% Senior Secured Notes through cash purchases in the open market, privately negotiated transactions or otherwise. Such repurchases, if any, will depend on prevailing market conditions, our liquidity requirements, contractual restrictions and other factors. The amounts involved may be material. On April 30, 2012, the Issuers redeemed five percent (5%) of aggregate principal amount of the 11% Senior Secured Notes. The redemption price for the 11% Senior Secured Notes was 102% of the principal amount of the 11% Senior Secured Notes redeemed, or $19.1 million, plus accrued interest to the redemption date of approximately $773,000. On May 31, 2011, the Issuers redeemed five percent (5%) of aggregate principal amount of the 11% Senior Secured Notes. The redemption price was 102% of the principal amount, or $19.1 million, plus accrued interest to the redemption date of approximately $951,000. Interest on the 11% Senior Secured Notes called for redemption ceased to accrue on and after the redemption dates. We have deferred approximately $764,000 of costs associated with the potential refinancing of our 11% Senior Secured Notes, these costs are included in debt issuance costs on our June 30, 2012 consolidated balance sheet. If the potential refinancing is terminated, the costs associated with the potential refinancing will be expensed.

We believe our cash flow from operations and our cash balances will be sufficient to fund our operations, interest payments and capital expenditures for the next 12 months. However, our ability to fund our operations, make payments on our debt and fund planned capital expenditures will depend on our ability to generate cash in the future. This is subject to general economic, financial, competitive, legislative, regulatory and other factors that are beyond our control as well as the factors described in the section entitled Risk Factors in Item 1A of our annual report on Form 10-K, filed with the SEC on March 22, 2012 (SEC File No. 000-52975).

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Market risk is the risk of loss arising from adverse changes in market rates and prices, such as interest rates, foreign currency exchange rates and commodity prices. Our primary risk exposure relates to interest rate risk. All of our long-term debt is subject to fixed rates of interest at 11% and does not mature until June 15, 2014.

The fair value of our debt is estimated based on the quoted market prices for the same or similar issues. ACEP issued the Unregistered Notes on August 14, 2009. The estimated fair value of the 11% Senior Secured Notes was approximately $356.1 million as of June 30, 2012.

For the six months ended June 30, 2012, we incurred approximately $21.7 million in interest expense.

We do not invest in derivative financial instruments, interest rate swaps or other investments that alter interest rate exposure.

Item 4. Controls and Procedures

Our principal executive officer and principal financial officer, based on their evaluation of our disclosure controls and procedures (as such terms are defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended the Exchange Act) as of the end of the period covered by this quarterly report on Form 10-Q, have concluded that our disclosure controls and procedures are effective for ensuring that information required to be disclosed by us in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms.

There were no changes in our internal control over financial reporting that occurred during the first six months of 2012 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

It should be noted that any system of controls, however well designed and operated, can provide only reasonable and not absolute assurance that the objectives of the system are met. In addition, the design of any control system is based in part upon certain assumptions about the likelihood of certain events. Because of these and other inherent limitations of control systems, there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions, regardless of how remote.

PART II-OTHER INFORMATION

You should also read, among other things, the risks and uncertainties described in the section entitled Risk Factors in Item 1A of our annual report on Form 10-K, filed with the SEC on March 22, 2012 (SEC File No. 000-52975). There were no material changes to those risk factors during the three months ended June 30, 2012.

Item 6. Exhibits

The list of exhibits required by Item 601 of Regulation S-K and filed as part of this report is set forth in the exhibits index.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

AMERICAN CASINO & ENTERTAINMENT PROPERTIES LLC

By:	/s/ EDWARD W. MARTIN, III
	Edward W. Martin, III
	Authorized Officer, Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer)
Date:	August 10, 2012

EXHIBITS INDEX

EXHIBIT NO.	DESCRIPTION
31.1	Certification of Principal Executive Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Principal Financial Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101*	The following information from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2012 formatted in XBRL (eXtensible Business Reporting Language): (i) Condensed Consolidated Balance Sheets as of June 30, 2012 (unaudited) and December 31, 2011 (audited); (ii) Unaudited Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2012 and 2011; (iii) Unaudited Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2012 and 2011; (iv) Unaudited Condensed Consolidated Statement of Members’ Equity for the six months ended June 30, 2012; and (v) Notes to the Unaudited Condensed Consolidated Financial Statements.

*Pursuant to rule 406T of Regulation S-T, the XBRL related information in this exhibit is furnished and not filed or a part of a registration statement or prospectus for the purposes of Section 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for the purposes of Section 18 of the Securities Exchange of 1934, as amended, and otherwise is not subject to liability under these sections.

EX-31.1 2 v318567_ex31-1.htm CERTIFICATION

EXHIBIT 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Frank V. Riolo, Chief Executive Officer of American Casino & Entertainment Properties LLC, certify that:

1. I have reviewed this quarterly report on Form 10-Q of American Casino & Entertainment Properties LLC (the “Registrant”) for the period ended June 30, 2012 (the “Report”);

2. Based on my knowledge, this Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Report;

3. Based on my knowledge, the financial statements, and other financial information included in this Report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this Report;

4. The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Registrant and have:

designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Report is being prepared;

designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this Report based on such evaluation; and

disclosed in this Report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

By:

/s/ Frank V. Riolo

Frank V. Riolo

Chief Executive Officer of

American Casino & Entertainment Properties LLC

Date:

August 10, 2012

EX-31.2 3 v318567_ex31-2.htm CERTIFICATION

EXHIBIT 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Edward W. Martin, III, Chief Financial Officer and Treasurer of American Casino & Entertainment Properties LLC, certify that:

1. I have reviewed this quarterly report on Form 10-Q of American Casino & Entertainment Properties LLC (the “Registrant”) for the period ended June 30, 2012 (the “Report”);

any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

By:	/s/ Edward W. Martin, III
	Edward W. Martin, III
	Chief Financial Officer and Treasurer of
	American Casino & Entertainment Properties LLC

Date:

August 10, 2012

EX-32.1 4 v318567_ex32-1.htm CERTIFICATION

EXHIBIT 32.1

Certification of Chief Executive Officer

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. Section 1350)

I, Frank V. Riolo, Chief Executive Officer of American Casino & Entertainment Properties LLC (the “Company”), hereby certify that, to the best of my knowledge, on the date hereof:

(a)

the Quarterly Report on Form 10-Q of the Company for the three months ended June 30, 2012 filed on the date hereof with the Securities and Exchange Commission (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(b)

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

By:	/s/ FRANK V. RIOLO
	Frank V. Riolo
	Chief Executive Officer of
	American Casino & Entertainment Properties LLC

Date: August 10, 2012

EX-32.2 5 v318567_ex32-2.htm CERTIFICATION

EXHIBIT 32.2

Certification of Chief Financial Officer

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. Section 1350)

I, Edward W. Martin, III, Chief Financial Officer and Treasurer of American Casino & Entertainment Properties LLC (the “Company”), hereby certify that, to the best of my knowledge, on the date hereof:

(a)

(b)

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

By:	/s/ EDWARD W. MARTIN, III
	Edward W. Martin, III
	Chief Financial Officer and Treasurer of
	American Casino & Entertainment Properties LLC

Date: August 10, 2012

EX-101.INS 6 acep-20120630.xml XBRL INSTANCE DOCUMENT 0001297735 2007-01-01 2007-12-31 0001297735 2008-02-20 0001297735 acep:HighgateMember 2008-01-01 2008-12-31 0001297735 acep:TravelTripperLlcMember 2008-01-01 2008-12-31 0001297735 acep:Nor1Member 2008-01-01 2008-12-31 0001297735 acep:SeniorSecuredNotes11Member 2009-08-14 0001297735 acep:SeniorSecuredNotes11Member 2009-01-01 2009-12-31 0001297735 2010-02-23 0001297735 us-gaap:SeniorNotesMember 2010-02-23 0001297735 us-gaap:SeniorNotesMember 2010-02-01 2010-02-28 0001297735 acep:TravelTripperLlcMember 2008-06-16 2010-07-31 0001297735 acep:TravelTripperLlcMember 2010-01-01 2010-12-30 0001297735 2010-12-30 0001297735 2011-02-01 2011-02-28 0001297735 acep:HighgateMember acep:February202011Member 2011-02-01 2011-02-28 0001297735 acep:HighgateMember acep:AfterFebruary202011Member 2011-02-01 2011-02-28 0001297735 acep:SeniorSecuredNotes11Member 2011-05-31 0001297735 2011-04-01 2011-06-30 0001297735 acep:HighgateMember 2011-04-01 2011-06-30 0001297735 acep:TravelTripperLlcMember 2011-04-01 2011-06-30 0001297735 acep:Nor1Member 2011-04-01 2011-06-30 0001297735 acep:ArchonGroupLpMember 2011-04-01 2011-06-30 0001297735 2011-01-01 2011-06-30 0001297735 acep:HighgateMember 2011-01-01 2011-06-30 0001297735 acep:TravelTripperLlcMember 2011-01-01 2011-06-30 0001297735 acep:Nor1Member 2011-01-01 2011-06-30 0001297735 acep:ArchonGroupLpMember 2011-01-01 2011-06-30 0001297735 2011-06-30 0001297735 acep:NonCompeteAgreementMember 2011-07-01 2011-12-31 0001297735 acep:SeniorSecuredNotes11Member 2011-01-01 2011-12-31 0001297735 2011-12-31 0001297735 acep:HighgateMember 2011-12-31 0001297735 acep:TravelTripperLlcMember 2011-12-31 0001297735 acep:Nor1Member 2011-12-31 0001297735 acep:ArchonGroupLpMember 2011-12-31 0001297735 acep:NonCompeteAgreementMember 2011-12-31 0001297735 acep:PlayerLoyaltyPlanMember 2011-12-31 0001297735 us-gaap:TradeNamesMember 2011-12-31 0001297735 us-gaap:CommonClassAMember 2011-12-31 0001297735 us-gaap:CommonClassBMember 2011-12-31 0001297735 2012-04-01 2012-06-30 0001297735 acep:HighgateMember 2012-04-01 2012-06-30 0001297735 acep:TravelTripperLlcMember 2012-04-01 2012-06-30 0001297735 acep:Nor1Member 2012-04-01 2012-06-30 0001297735 acep:ArchonGroupLpMember 2012-04-01 2012-06-30 0001297735 2012-01-01 2012-06-30 0001297735 acep:HighgateMember 2012-01-01 2012-06-30 0001297735 acep:TravelTripperLlcMember 2012-01-01 2012-06-30 0001297735 acep:Nor1Member 2012-01-01 2012-06-30 0001297735 acep:SeniorSecuredNotes11Member 2012-01-01 2012-06-30 0001297735 acep:ArchonGroupLpMember 2012-01-01 2012-06-30 0001297735 acep:PlayerLoyaltyPlanMember 2012-01-01 2012-06-30 0001297735 us-gaap:CommonClassAMember 2012-01-01 2012-06-30 0001297735 us-gaap:CommonClassBMember 2012-01-01 2012-06-30 0001297735 us-gaap:SeniorNotesMember acep:ProfessionalAndRegistrationFeesMember 2012-01-01 2012-06-30 0001297735 us-gaap:SeniorNotesMember acep:PotentialRefinancingOfDebtMember 2012-01-01 2012-06-30 0001297735 2012-06-30 0001297735 acep:HighgateMember 2012-06-30 0001297735 acep:TravelTripperLlcMember 2012-06-30 0001297735 acep:Nor1Member 2012-06-30 0001297735 acep:SeniorSecuredNotes11Member 2012-06-30 0001297735 acep:ArchonGroupLpMember 2012-06-30 0001297735 acep:NonCompeteAgreementMember 2012-06-30 0001297735 acep:PlayerLoyaltyPlanMember 2012-06-30 0001297735 us-gaap:TradeNamesMember 2012-06-30 0001297735 us-gaap:CommonClassAMember 2012-06-30 0001297735 us-gaap:CommonClassBMember 2012-06-30 0001297735 2010-12-31 xbrli:shares iso4217:USD xbrli:pure American Casino & Entertainment Properties LLC 0001297735 --12-31 Non-accelerated Filer 0 10-Q false 2012-06-30 Q2 2012

85311000

69265000

74201000

62538000

85311000

211000

4280000

4122000

196000

75000

11462000

11514000

90350000

78460000

1111787000

1105946000

2055000

2367000

17837000 16869000

1222029000

1203642000

4730000

5147000

16429000

17569000

13000

23000

11431000

11444000

289000

297000

32892000

34480000

342353000

326688000

1630000

1479000

343983000

328167000

376875000

362647000

845154000

840995000

845154000 840995000

1222029000

1203642000

50715000

103928000

50106000

104109000

16924000

32104000

17792000

33395000

17483000

34307000

17585000

34093000

8299000 15881000 8416000 16076000 93421000 186220000 93899000 187673000

5845000

12083000

6195000

12820000

87576000

174137000

87704000

174853000

16550000

33485000

16279000

33073000

8942000

17315000

9132000

17333000

13180000

25606000

13342000

25709000

2982000 6168000 2926000 5743000

26000000

54918000

28543000

56968000

9617000

20659000

8279000

16931000

-23000

-33000

-35000

7000

250000

569000

250000

500000

77544000

158753000

78786000

156250000

10032000

15384000

8918000

18603000

-1378000

-1112000

1000

11424000

23010000

10599000

21650000

-12801000

-24387000

-11711000

-22762000

-2769000

-9003000

-2793000

-4159000

2618000

2800000

129000

-158000

1885000

-6000

-3379000

1085000

-45000

131000

10247000

18057000

7053000

9753000

21000

65000

-7032000

-9688000

19125000

136000

143000

-19261000

-20032000

-16046000

-11663000

20474000

18931000

485000

Note 1. The Company   American Casino & Entertainment Properties LLC, or ACEP, was formed in Delaware on December 29, 2003. As used in this Quarterly Report on Form 10-Q, the terms “ACEP”, “company”, “we”, “our”, “ours”, and “us” refer to American Casino & Entertainment Properties LLC and its subsidiaries, unless the context suggests otherwise. ACEP owns and operates the Stratosphere Casino Hotel & Tower, or the Stratosphere, Arizona Charlie’s Decatur and Arizona Charlie’s Boulder in Las Vegas, Nevada, and the Aquarius Casino Resort, or the Aquarius, in Laughlin, Nevada.   On April 22, 2007, American Entertainment Properties Corp., or AEP, our former direct parent, entered into a Membership Interest Purchase Agreement, or the Agreement, with W2007/ACEP Holdings, LLC, or Holdings, an affiliate of Whitehall Street Real Estate Funds, or Whitehall, a series of real estate investment funds affiliated with Goldman, Sachs & Co., to sell all of our issued and outstanding membership interests to Holdings, for approximately $1.3 billion. Pursuant to the Assignment and Assumption Agreement, dated December 4, 2007, between Holdings and W2007/ACEP Managers Voteco, LLC, or Voteco, Holdings assigned all of its rights, obligations and interests under the Agreement to Voteco. Voteco’s acquisition of ACEP, or the Acquisition, closed at a purchase price of $1.2 billion on February 20, 2008.   On February 23, 2010, ACEP and ACEP Finance Corp., or ACEP Finance and, together with ACEP, the Issuers, completed an exchange offer registered with the Securities and Exchange Commission, or SEC, in which the Issuers issued approximately $374.9 million aggregate principal amount of their 11% Senior Secured Notes due 2014, or SEC-Registered Notes, in exchange for $374.9 million of their outstanding, 11% Senior Secured Notes due 2014, or the Unregistered Notes, issued in a transaction pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, or the Securities Act. The SEC-Registered Notes have substantially identical terms to the Unregistered Notes, except that the SEC-Registered Notes were issued in a transaction registered under the Securities Act. The SEC-Registered Notes and the Unregistered Notes are collectively referred to herein as the 11% Senior Secured Notes.

Note 2. Basis of Presentation   The accompanying condensed consolidated financial statements included herein have been prepared by ACEP, without audit, in accordance with the accounting policies described in our 2011 audited consolidated financial statements and pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in financial statements, prepared in accordance with accounting principles generally accepted in the United States, have been condensed or omitted pursuant to such rules and regulations. We believe that the disclosures are adequate to make the information presented not misleading. In the opinion of management, the accompanying condensed consolidated financial statements include all adjustments (consisting only of those of a normal recurring nature), which are necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of results to be expected for any future interim period or for the entire fiscal year.   These condensed consolidated financial statements should be read in conjunction with the notes to the 2011 consolidated audited financial statements presented in our annual report on Form 10-K for the year ended December 31, 2011, filed with the SEC on March 22, 2012 (SEC File No. 000-52975). Our reports are available electronically by visiting the SEC website at http://www.sec.gov. You may also visit the investor relations section of the American Casino & Entertainment Properties LLC website at http://www.acepllc.com.   Principles of Consolidation   The condensed consolidated financial statements include the accounts of ACEP and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation.   Debt Issuance Costs   Debt issuance costs of $2.4 million and $2.1 million consist primarily of professional and registration fees directly related to the Company’s 11% Senior Secured Notes and are included on the Company’s consolidated balance sheet at June 30, 2012 and December 31, 2011, respectively. Included in the $2.4 million is approximately $764,000 of costs associated with the potential refinancing of the 11% Senior Secured Notes. If the potential refinancing is terminated, the costs associated with the potential refinancing will be expensed.   Reclassification   Certain reclassifications have been made to the three and six months periods ending June 30, 2011 consolidated financial statements to conform to the June 30, 2012 presentation. These reclassifications had no effect on net loss.

Note 3. Related Party Transactions   On February 20, 2008, we entered into a consulting agreement with Highgate Hotels, L.P., or Highgate, pursuant to which Highgate provides asset management consulting services to us. Highgate owns a less than 5% membership interest in Holdings. The agreement was amended to reduce fees payable thereunder on June 25, 2009 and Highgate converted amounts due them from ACEP to contributed capital in Holdings. The consulting agreement expires on June 20, 2013. Highgate is entitled to receive a $1.5 million per year base consulting fee for the periods through February 20, 2011 and a $1.0 million per year consulting fee for the periods after February 20, 2011, additional consulting fees up to $500,000 per year for periods after February 20, 2011 based on EBITDA results at the properties and development fees at 4% of the aggregate costs of any agreed upon development projects. We incurred Highgate fees of approximately $250,000 for both the three months ended June 30, 2012 and June 30, 2011. We incurred Highgate fees of approximately $500,000 and $569,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. As of June 30, 2012 and December 31, 2011, we owed Highgate $0. For the three months and six months ended June 30, 2012 we did not provide any IT consulting services to Highgate compared to approximately $0 and $14,000, respectively for the three and six months ended June 30, 2011. As of June 30, 2012 and December 31, 2011, Highgate owed us $0.   On June 16, 2008, we entered into an agreement with Travel Tripper LLC, or TTL, to utilize their technology for online hotel reservations. TTL is owned by an affiliate of Goldman Sachs (9%), an affiliate of Highgate (9%) and an employee of Highgate (40%). From June 16, 2008 to July 31, 2010, TTL was paid 4% of room revenues booked utilizing its system. As of August 1, 2010, the fee paid to TTL was reduced to 2%. We expensed fees of approximately $50,000 and $51,000 for the three months ended June 30, 2012 and June 30, 2011, respectively. We expensed fees of approximately $101,000 and $103,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. As of June 30, 2012 and December 31, 2011, we owed TTL approximately $18,000 and $11,000, respectively.   Archon Group, LP, or Archon, an affiliate of Goldman Sachs, provides various services to us such as cash management and insurance brokers. We expensed fees of approximately $34,000 and $2,000 for the three months ended June 30, 2012 and June 30, 2011, respectively. We expensed fees of approximately $53,000 and $22,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. In addition, we provided construction management services to Archon for hotels managed by them. We recorded revenues of approximately $223,000 for both the three and six months ended June 30, 2012 compared to approximately $92,000 and $238,000 for the three months and six months ended June 30, 2011, respectively. During April 2012, Archon prepaid for certain construction management services. We have recorded approximately $185,000 in deferred revenues as of June 30, 2012. The services will be provided by us through December 31, 2012. As of June 30, 2012 and December 31, 2011, we owed Archon $0. As of June 30, 2012 and December 31, 2011, Archon owed us approximately $75,000 and $196,000, respectively.   On October 3, 2008, we entered into a participation agreement with Nor1, Inc., or Nor1, to utilize their technology to help sell perishable suite and room inventories. Nor1 gives the guest who books on-line the opportunity to book a non-guaranteed suite or upgraded rooms at a discounted rate if such is available at check-in. If the suite or upgraded room is awarded, Nor1 is paid 25% of the upgrade fee. Goldman Sachs owns less than 5% of Nor1. We expensed fees of approximately $14,000 and $11,000 for the three months ended June 30, 2012 and June 30, 2011, respectively. We expensed fees of approximately $24,000 and $23,000 for the six months ended June 30, 2012 and June 30, 2011, respectively. As of June 30, 2012 and December 31, 2011, we owed Nor1 approximately $5,000 and $2,000, respectively.   We follow a related party transaction approval policy for reviewing related person transactions. These procedures are intended to ensure that transactions with related persons are fair to us and in our best interests. If a proposed transaction appears to or does involve a related person, the transaction is presented to our audit committee for review. The audit committee is authorized to retain and pay such independent advisors as it deems necessary to properly evaluate the proposed transaction, including, without limitation, outside legal counsel and financial advisors to determine the fair value of the transaction.

Note 4. Intangible Assets   Pursuant to authoritative guidance, indefinite-lived intangible assets are subject to an annual assessment for impairment during the fourth quarter, or more frequently if there are indications of possible impairment, by applying a fair-value-based test.   Our finite-lived acquired intangible assets include our player loyalty plan and a non-compete agreement. Our indefinite-lived acquired intangible assets include trade names. Acquired assets are recorded at fair value on the date of acquisition and finite-lived assets are amortized over the estimated period to be benefited.   As of June 30, 2012 and December 31, 2011, we had the following intangible assets.    <table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="text-indent: 0px; padding-left: 0px; font-size: 10pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-size: 10pt;" colspan="22" nowrap="nowrap">(in thousands)</td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="text-indent: 0px; padding-left: 0px; font-size: 10pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-size: 10pt;" colspan="10" nowrap="nowrap">June 30, 2012</td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-size: 10pt;" colspan="10" nowrap="nowrap">December 31, 2011</td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="text-indent: 0px; padding-left: 0px; font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Gross</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Net</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Gross</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Net</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="text-indent: 0px; padding-left: 0px; font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Asset</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Accumulated</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Accumulated</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="text-indent: 0px; padding-left: 0px; font-size: 10pt;" nowrap="nowrap">Amortizing intangible assets:</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Life</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Amortization</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Amortization</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="text-align: center; font-size: 10pt;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; text-indent: 0px; padding-left: 0.12in; width: 23%; font-size: 10pt;">Player Loyalty Plan</td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 8%; font-size: 10pt;">5 Years</td> <td style="text-align: left; width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 1%; font-size: 10pt;">$</td> <td style="text-align: right; width: 8%; font-size: 10pt;">7,450</td> <td style="text-align: left; width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 1%; font-size: 10pt;">$</td> <td style="text-align: right; width: 8%; font-size: 10pt;">(6,456</td> <td style="text-align: left; width: 1%; font-size: 10pt;">)</td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 1%; font-size: 10pt;">$</td> <td style="text-align: right; width: 8%; font-size: 10pt;">994</td> <td style="text-align: left; width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 1%; font-size: 10pt;">$</td> <td style="text-align: right; width: 8%; font-size: 10pt;">7,450</td> <td style="text-align: left; width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 1%; font-size: 10pt;">$</td> <td style="text-align: right; width: 8%; font-size: 10pt;">(5,711</td> <td style="text-align: left; width: 1%; font-size: 10pt;">)</td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="text-align: left; width: 1%; font-size: 10pt;">$</td> <td style="text-align: right; width: 8%; font-size: 10pt;">1,739</td> <td style="text-align: left; width: 1%; font-size: 10pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 1pt; text-indent: 0px; padding-left: 0.12in; font-size: 10pt;">Non-Compete Agreement</td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;">38 Months</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">1,045</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">(825</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;">)</td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">220</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">1,045</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">(660</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;">)</td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">385</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt; text-indent: 0px; padding-left: 0px; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">8,495</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">(7,281</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;">)</td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">1,214</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">8,495</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">(6,371</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;">)</td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">2,124</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-indent: 0px; padding-left: 0px; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; text-indent: 0px; padding-left: 0px; font-size: 10pt;">Non-amortizing intangible assets:</td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0px; padding-left: 0.12in; font-size: 10pt;">Trade Name</td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">15,507</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 1pt solid; text-align: right; font-size: 10pt;">15,507</td> <td style="text-align: left; padding-bottom: 1pt; font-size: 10pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt; text-indent: 0px; padding-left: 0px; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">16,721</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="text-align: left; font-size: 10pt;"> </td> <td style="text-align: right; font-size: 10pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; font-size: 10pt;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; font-size: 10pt;">17,631</td> <td style="text-align: left; padding-bottom: 2.5pt; font-size: 10pt;"> </td> </tr> </table>

Note 5. Debt   Long-term debt and capital lease obligations consist of the following:    <table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center;" colspan="2" nowrap="nowrap">As of</td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center;" colspan="2" nowrap="nowrap">As of</td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: black 1pt solid;" colspan="2" nowrap="nowrap">June 30, 2012</td> <td style="padding-bottom: 1pt; font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: black 1pt solid;" colspan="2" nowrap="nowrap">December 31, 2011</td> <td style="padding-bottom: 1pt; font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center;" colspan="6" nowrap="nowrap">(In thousands)</td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="width: 72%; font-size: 10pt; text-align: left; text-indent: 0; padding-left: 0.12in;">11% Senior Secured Notes due June 15, 2014</td> <td style="width: 2%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 10%; font-size: 10pt; text-align: right;">337,500</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> <td style="width: 2%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 10%; font-size: 10pt; text-align: right;">356,250</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; text-align: left; text-indent: 0; padding-left: 0.12in;">Unamortized discount</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">(10,812</td> <td style="font-size: 10pt; text-align: left;">)</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">(13,897</td> <td style="font-size: 10pt; text-align: left;">)</td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="font-size: 10pt; text-align: left; padding-bottom: 1pt; text-indent: 0; padding-left: 0.12in;">Capital lease obligations</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">1,776</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">1,919</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; text-align: left; padding-left: 0; text-indent: 0;">Total long-term debt and capital lease obligations</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">328,464</td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">344,272</td> <td style="font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="font-size: 10pt; text-align: left; padding-bottom: 1pt; text-indent: 0; padding-left: 0.12in;">Current portion of capital lease obligations</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">(297</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;">)</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">(289</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;">)</td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; padding-left: 0; text-indent: 0;">Total long-term debt and capital lease obligations, net</td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">328,167</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">343,983</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> </tr> </table>      11% Senior Secured Notes   On August 14, 2009, the Issuers issued the Unregistered Notes pursuant to the Indenture among the Issuers, certain subsidiary guarantors and The Bank of New York Mellon, as trustee, or the Indenture. The 11% Senior Secured Notes mature on June 15, 2014 and bear interest at a rate of 11% per annum. Interest is computed on the basis of a 360-day year composed of twelve 30-day months and is payable semi-annually on June 15 and December 15 of each year, beginning on December 15, 2009. The obligations are jointly, severally and unconditionally guaranteed by all of the subsidiaries of ACEP other than ACEP Finance and will be so guaranteed by any future domestic subsidiaries of ACEP, subject to certain exceptions. The 11% Senior Secured Notes are collateralized by substantially all fee and leasehold real property comprising the Stratosphere, the Aquarius, Arizona Charlie’s Decatur and Arizona Charlie’s Boulder.   On February 23, 2010, the Issuers completed an exchange offer registered with the SEC in which the Issuers issued approximately $374.9 million aggregate principal amount of their SEC-Registered Notes in exchange for $374.9 million of their Unregistered Notes. The SEC-Registered Notes have substantially identical terms to the Unregistered Notes, except that the SEC-Registered Notes were issued in a transaction registered under the Securities Act.   On May 31, 2011, the Issuers completed a redemption of five percent (5%) of aggregate principal amount of the 11% Senior Secured Notes pursuant to paragraph 5(b) of the 11% Senior Secured Notes and the redemption provisions of the Indenture (Section 3.07(b)). The redemption price for the 11% Senior Secured Notes was 102% of the principal amount of the 11% Senior Secured Notes redeemed, or $19.1 million, plus accrued interest to the redemption date of approximately $951,000. Interest on the 11% Senior Secured Notes called for redemption ceased to accrue on and after the redemption date. As a result of the redemption, a loss of $1.4 million was recognized. The loss is comprised of the redemption premium of $375,000 and a proportionate write-off of debt issuance and debt discount costs of $1.0 million.   On April 30, 2012, the Issuers completed a redemption of five percent (5%) of aggregate principal amount of the 11% Senior Secured Notes pursuant to paragraph 5(b) of the 11% Senior Secured Notes and the redemption provisions of the Indenture (Section 3.07(b)). The redemption price for the 11% Senior Secured Notes was 102% of the principal amount of the 11% Senior Secured Notes redeemed, or $19.1 million, plus accrued interest to the redemption date of approximately $773,000. Interest on the 11% Senior Secured Notes called for redemption ceased to accrue on and after the redemption date. As a result of the redemption, a loss of $1.1 million was recognized. The loss is comprised of the redemption premium of $375,000 and a proportionate write-off of debt issuance and debt discount costs of $737,000.   In accordance with positions established by the SEC, separate financial information with respect to the parent, co-issuer, guarantor subsidiaries and non-guarantor subsidiaries is not required as the parent and co-issuer have no independent assets or operations, the guarantees are full and unconditional and joint and several, and the total assets, stockholders’ equity, revenues, income from operations before income taxes and cash flows from operating activities of the non-guarantor subsidiaries is less than 3% of ACEP’s consolidated amounts.   The fair value of our debt is estimated based on market prices for the same or similar issues. We issued the Unregistered Notes on August 14, 2009. The estimated fair value of the 11% Senior Secured Notes was approximately $356.1 million as of June 30, 2012.   On or after June 15, 2012, the Issuers may redeem all or a part of the 11% Senior Secured Notes at the redemption prices set forth in the Indenture, plus accrued and unpaid interest to the applicable redemption date. As described above, on May 31, 2011 the Issuers redeemed 5% of the aggregate principal amount of the 11% Senior Secured Notes and on April 30, 2012 the Issuers redeemed an additional 5% of the aggregate principal amount of the 11% Senior Secured Notes.   If certain change of control events occur as specified in the Indenture, we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 101% of the principal amount of the 11% Senior Secured Notes repurchased, plus accrued and unpaid interest to the applicable repurchase date.   If ACEP or its subsidiaries sell assets under certain circumstances or experience certain events of loss, we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 100% of the principal amount of the Notes repurchased, plus accrued and unpaid interest to the date of purchase, prepayment or redemption, as the case may be.   We are bound by certain covenants contained and defined in the Indenture that requires us to file quarterly and annual reports, and among other things, restricts our ability to:    <table style="width: 100%; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 4%; font-size: 10pt;"> </td> <td style="width: 3%; font-size: 10pt; font-weight: bold;" nowrap="nowrap">•</td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="font-size: 10pt;">declare or pay dividends and distributions on our equity interests, purchase, redeem, or otherwise retire for value any equity interest, make payments on debt, or make investments;</td> </tr> <tr> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> </tr> <tr style="vertical-align: top;"> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap">•</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;">incur indebtedness or issue preferred stock;</td> </tr> <tr> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> </tr> <tr style="vertical-align: top;"> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap">•</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;">sell, create liens, or otherwise encumber our assets or equity interests; and</td> </tr> <tr> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;"> </td> </tr> <tr style="vertical-align: top;"> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap">•</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt;">enter into transactions with affiliates.</td> </tr> </table>   These covenants contained in the Indenture are subject to a number of important limitations and exceptions.   The Indenture provides for events of default, including, but not limited to, cross defaults to certain other debt of ACEP and its subsidiaries. In the case of an event of default arising from specified events of bankruptcy or insolvency, all outstanding 11% Senior Secured Notes will become due and payable immediately without further action or notice. Management believes that we are in compliance with the provisions of the Indenture as of quarter end and the date of this filing.

Note 6. Legal Proceedings   We are, from time to time, a party to various legal proceedings arising out of our businesses. We believe, however, there are no proceedings pending or threatened against us, which, if determined adversely, would have a material adverse effect upon our financial condition, results of operations or liquidity.

Principles of Consolidation The condensed consolidated financial statements include the accounts of ACEP and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation.

Reclassification   Certain reclassifications have been made to the three and six months periods ending June 30, 2011 consolidated financial statements to conform to the June 30, 2012 presentation. These reclassifications had no effect on net loss.

As of June 30, 2012 and December 31, 2011, we had the following intangible assets.    <table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center; border-bottom: black 1pt solid;" colspan="22" nowrap="nowrap">(in thousands)</td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center; border-bottom: black 1pt solid;" colspan="10" nowrap="nowrap">June 30, 2012</td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center; border-bottom: black 1pt solid;" colspan="10" nowrap="nowrap">December 31, 2011</td> <td style="padding-bottom: 1pt; font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Gross</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Net</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Gross</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Net</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Asset</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Accumulated</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Accumulated</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Carrying</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap">Amortizing intangible assets:</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Life</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Amortization</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Amortization</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; text-align: center;" colspan="2" nowrap="nowrap">Amount</td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="width: 23%; font-size: 10pt; text-align: left; text-indent: 0; padding-left: 0.12in;">Player Loyalty Plan</td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> <td style="width: 8%; font-size: 10pt; text-align: left;">5 Years</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 8%; font-size: 10pt; text-align: right;">7,450</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 8%; font-size: 10pt; text-align: right;">(6,456)</td> <td style="width: 1%; font-size: 10pt; text-align: left;"></td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 8%; font-size: 10pt; text-align: right;">994</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 8%; font-size: 10pt; text-align: right;">7,450</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 8%; font-size: 10pt; text-align: right;">(5,711)</td> <td style="width: 1%; font-size: 10pt; text-align: left;"></td> <td style="width: 1%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 8%; font-size: 10pt; text-align: right;">1,739</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; padding-bottom: 1pt; text-indent: 0; padding-left: 0.12in;">Non-Compete Agreement</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: left;">38 Months</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">1,045</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">(825)</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"></td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">220</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">1,045</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">(660)</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"></td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">385</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 0; text-indent: 0;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">8,495</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">(7,281)</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"></td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">1,214</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">8,495</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">(6,371)</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"></td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">2,124</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="font-size: 10pt; text-align: left; padding-left: 0; text-indent: 0;">Non-amortizing intangible assets:</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 0.12in; text-indent: 0;">Trade Name</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">15,507</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">15,507</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 0; text-indent: 0;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">16,721</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;"> </td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">17,631</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> </tr> </table>

Long-term debt and capital lease obligations consist of the following:    <table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center;" colspan="2" nowrap="nowrap">As of</td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center;" colspan="2" nowrap="nowrap">As of</td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: black 1pt solid;" colspan="2" nowrap="nowrap">June 30, 2012</td> <td style="padding-bottom: 1pt; font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: black 1pt solid;" colspan="2" nowrap="nowrap">December 31, 2011</td> <td style="padding-bottom: 1pt; font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> <td style="font-size: 10pt;" colspan="2" nowrap="nowrap"> </td> <td style="font-size: 10pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-size: 10pt; padding-left: 0; text-indent: 0;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="font-size: 10pt; font-weight: bold; text-align: center;" colspan="6" nowrap="nowrap">(In thousands)</td> <td style="font-size: 10pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="width: 72%; font-size: 10pt; text-align: left; text-indent: 0; padding-left: 0.12in;">11% Senior Secured Notes due June 15, 2014</td> <td style="width: 2%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 10%; font-size: 10pt; text-align: right;">337,500</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> <td style="width: 2%; font-size: 10pt;"> </td> <td style="width: 1%; font-size: 10pt; text-align: left;">$</td> <td style="width: 10%; font-size: 10pt; text-align: right;">356,250</td> <td style="width: 1%; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; text-align: left; text-indent: 0; padding-left: 0.12in;">Unamortized discount</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">(10,812</td> <td style="font-size: 10pt; text-align: left;">)</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">(13,897</td> <td style="font-size: 10pt; text-align: left;">)</td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="font-size: 10pt; text-align: left; padding-bottom: 1pt; text-indent: 0; padding-left: 0.12in;">Capital lease obligations</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">1,776</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">1,919</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; text-align: left; padding-left: 0; text-indent: 0;">Total long-term debt and capital lease obligations</td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">328,464</td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt;"> </td> <td style="font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; text-align: right;">344,272</td> <td style="font-size: 10pt; text-align: left;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ccffcc;"> <td style="font-size: 10pt; text-align: left; padding-bottom: 1pt; text-indent: 0; padding-left: 0.12in;">Current portion of capital lease obligations</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">(297</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;">)</td> <td style="font-size: 10pt; padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; font-size: 10pt; text-align: right;">(289</td> <td style="padding-bottom: 1pt; font-size: 10pt; text-align: left;">)</td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; padding-left: 0; text-indent: 0;">Total long-term debt and capital lease obligations, net</td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">328,167</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> <td style="font-size: 10pt; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; font-size: 10pt; text-align: right;">343,983</td> <td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left;"> </td> </tr> </table>

1300000000 1200000000

0.11

2014

Less than 5% 2013-06-20 1500000 1000000 500000 0.04 250000 569000 250000 500000

11000

2000

18000

5000

14000

196000

75000

TTL is owned by an affiliate of Goldman Sachs (9%), an affiliate of Highgate (9%) and an employee of Highgate (40%) 0.04 0.02

51000

11000

2000

103000

23000

22000

50000

14000

34000

101000

24000

53000

92000

238000

223000

0.25 0.05

P3Y2M

P5Y

8495000

1045000

7450000

8495000

1045000

7450000

-6371000

-660000

-5711000

-7281000

-825000

-6456000

2124000

385000

1739000

1214000

220000

994000

15507000

17631000

16721000

356250000

337500000

-13897000

-10812000

1919000

1776000

344272000

328464000

2014-06-15

Interest is computed on the basis of a 360-day year composed of twelve 30-day months and is payable semi-annually on June 15 and December 15 of each year, beginning on December 15, 2009 374900000 0.05 1.02 19100000

951000

375000

2100000

2400000

764000

less than 3%

356100000

0.05

764000

Debt Issuance Costs   Debt issuance costs of $2.4 million and $2.1 million consist primarily of professional and registration fees directly related to the Company’s 11% Senior Secured Notes and are included on the Company’s consolidated balance sheet at June 30, 2012 and December 31, 2011, respectively. Included in the $2.4 million is approximately $764,000 of costs associated with the potential refinancing of the 11% Senior Secured Notes. If the potential refinancing is terminated, the costs associated with the potential refinancing will be expensed. we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 101% of the principal amount of the 11% Senior Secured Notes repurchased, plus accrued and unpaid interest to the applicable repurchase date. we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 100% of the principal amount of the Notes repurchased, plus accrued and unpaid interest to the date of purchase, prepayment or redemption, as the case may be.

185000

1.01 1.00 0001297735acep:SeniorSecuredNotes11Member2012-04-30 0.05 1.02 19100000

773000

0.05

375000

0001297735acep:ProfessionalAndRegistrationFeesMemberus-gaap:SeniorNotesMember2011-07-012011-12-31 1000000 737000

EX-101.SCH 7 acep-20120630.xsd XBRL TAXONOMY EXTENSION SCHEMA 001 - Document - DOCUMENT AND ENTITY INFORMATION link:presentationLink link:definitionLink link:calculationLink 002 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) link:presentationLink link:definitionLink link:calculationLink 003 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) link:presentationLink link:definitionLink link:calculationLink 004 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) link:presentationLink link:definitionLink link:calculationLink 005 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF MEMBERS' EQUITY (UNAUDITED) link:presentationLink link:definitionLink link:calculationLink 006 - Disclosure - The Company (Unaudited) link:presentationLink link:definitionLink link:calculationLink 007 - Disclosure - Basis of Presentation (Unaudited) link:presentationLink link:definitionLink link:calculationLink 008 - Disclosure - Related Party Transactions (Unaudited) link:presentationLink link:definitionLink link:calculationLink 009 - Disclosure - Intangible Assets (Unaudited) link:presentationLink link:definitionLink link:calculationLink 010 - Disclosure - Debt (Unaudited) link:presentationLink link:definitionLink link:calculationLink 011 - Disclosure - Legal Proceedings (Unaudited) link:presentationLink link:definitionLink link:calculationLink 012 - Disclosure - Basis of Presentation (policies) link:presentationLink link:definitionLink link:calculationLink 013 - Disclosure - Intangible Assets (Tables) link:presentationLink link:definitionLink link:calculationLink 014 - Disclosure - Debt (Tables) link:presentationLink link:definitionLink link:calculationLink 015 - Disclosure - The Company (Details Textual) link:presentationLink link:definitionLink link:calculationLink 016 - Disclosure - Basis of Presentation (Details Textual) link:presentationLink link:definitionLink link:calculationLink 017 - Disclosure - Related Party Transactions (Details Textual) link:presentationLink link:definitionLink link:calculationLink 018 - Disclosure - Intangible Assets (Details) link:presentationLink link:definitionLink link:calculationLink 019 - Disclosure - Debt (Details) link:presentationLink link:definitionLink link:calculationLink 020 - Disclosure - Debt (Details Textual) link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 8 acep-20120630_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 acep-20120630_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 acep-20120630_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Document and Entity Information [Abstract] Document and Entity Information [Abstract] Statement [Table] Statement [Table] Statement [Line Items] Statement [Line Items] Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Document Type Document Type Amendment Flag Amendment Flag Document Period End Date Document Period End Date Document Fiscal Period Focus Document Fiscal Period Focus Document Fiscal Year Focus Document Fiscal Year Focus Statement Of Financial Position [Abstract] Statement Of Financial Position [Abstract] Assets [Abstract] Assets Cash and Cash Equivalents, At Carrying Value Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value, Total Cash and cash equivalents - beginning of period Cash and cash equivalents - end of period Restricted Investments, Current Investments-restricted Accounts Receivable, Net, Current Accounts receivable, net Accounts Receivable, Net, Current, Total Accounts Receivable, Related Parties, Current Accounts receivable, net - related party Accounts receivable, net - related party Other Assets, Current Other current assets Other current assets Assets, Current Total Current Assets Total Current Assets Property, Plant and Equipment, Net Property and equipment, net Property, Plant and Equipment, Net, Total Property, Plant and Equipment, Net, Beginning Balance Property, Plant and Equipment, Net, Ending Balance Unamortized Debt Issuance Expense Debt issuance costs, net Intangible and Other Assets Intangible and other assets Intangible and other assets Sum of the carrying amounts of all intangible assets, excluding goodwill, and other assets as of the balance sheet date, net of accumulated amortization and impairment charges. Assets Total Assets Total Assets Liabilities and Stockholders Equity [Abstract] Liabilities and Members' Equity Accounts Payable, Current Accounts payable Accounts Payable, Current, Total Accrued Liabilities, Current Accrued expenses Accrued Liabilities, Current, Total Due To Related Parties, Current Accounts payable and accrued expenses - related party Due to Related Parties, Current, Total Employee-Related Liabilities, Current Accrued payroll and related expenses Employee-related Liabilities, Current, Total Capital Lease Obligations, Current Current portion of capital lease obligations Current portion of capital lease obligations Current portion of capital lease obligations Liabilities, Current Total Current Liabilities Total Current Liabilities Liabilities, Noncurrent [Abstract] Long-Term Liabilities: Long-Term Debt, Excluding Current Maturities Long-term debt, net of unamortized discount Long-term Debt, Excluding Current Maturities, Total Capital Lease Obligations, Noncurrent Capital lease obligations, less current portion Capital lease obligations, less current portion Liabilitiesnoncurrent Total long-term debt and capital lease obligations, net Total Long-Term Liabilities Liabilities Total Liabilities Total Liabilities Commitments and Contingencies Commitments and Contingencies Stockholders Equity Attributable To Parent [Abstract] Members' Equity: Members' Equity Members' Equity Balance Balances Members Equity Total Total Members' Equity Total Members' Equity Carrying amount of total members equity as of the reporting date. Liabilities and Stockholders Equity Total Liabilities and Members' Equity Total Liabilities and Members' Equity Income Statement [Abstract] Income Statement [Abstract] Revenues [Abstract] Revenues: Casino Revenue Casino Revenue From Owned Hotels Hotel Food and Beverage Revenue Food and beverage Tower Retail Entertainment and Other Revenue Tower, retail, entertainment and other Tower, retail and other This element represents revenues generated by or derived from a hotel's owned retail store operations, tower and other. Gross Revenue Gross revenues Gross revenues Aggregate revenue during the period from the sale of goods and services in the normal course of business, before deducting promotional allowances. Promotional Allowances Less promotional allowances Less promotional allowances Revenue From Hotels Net revenues Net revenues Costs and Expenses [Abstract] Costs And Expenses: Casino Expenses Casino Direct Costs Of Owned Hotels Hotel Food and Beverage, Cost Of Sales Food and beverage Tower Retail Entertainment and Other Costs Other operating expenses This element represents cost incurred by hotel's, owned retail store operations, tower and other. Selling, General and Administrative Expense Selling, general and administrative Depreciation, Depletion and Amortization, Nonproduction Depreciation and amortization Gain (Loss) On Sale Of Property Plant Equipment (Gain) loss on disposal of assets (Gain) loss on sale of assets (Gain) Loss on disposal of assets Management Fees, Related Party Management fee - related party Management fee - related party Management fee - related party Operating Expenses Total costs and expenses Total costs and expenses Operating Income (Loss) Income From Operations Income From Operations Nonoperating Income (Expense) [Abstract] Other Income (Expense): Gain (Loss) On Repurchase Of Debt Instrument Loss on debt redemption Loss on debt redemption Investment Income, Interest Interest income Interest Expense Interest expense Interest expense Nonoperating Income (Expense) Total other expense, net Total other expense, net Net Income (Loss) Attributable To Parent Net loss Net loss Net Loss Statement Of Cash Flows [Abstract] Statement of Cash Flows [Abstract] Net Cash Provided By (Used In) Operating Activities [Abstract] Cash Flows From Operating Activities: Adjustments To Reconcile Net Income (Loss) To Cash Provided By (Used In) Operating Activities [Abstract] Adjustments to reconcile net loss to net cash provided by operating activities: Amortization Of Financing Costs and Discounts Amortization of debt issuance and debt discount costs Amortization of debt issuance and debt discount costs Increase (Decrease) In Operating Capital [Abstract] Changes in operating assets and liabilities: Increase (Decrease) In Accounts Receivable Accounts receivable, net Accounts receivable, net Increase (Decrease) In Other Operating Assets Other assets Other assets Increase (Decrease) In Other Accounts Payable and Accrued Liabilities Accounts payable and accrued expenses Increase (Decrease) In Due To Related Parties, Current Related party activity, net Net Cash Provided By (Used In) Operating Activities Net Cash Provided by Operating Activities Net Cash Provided by Operating Activities Net Cash Provided By (Used In) Investing Activities [Abstract] Cash Flows From Investing Activities: Payments To Acquire Property, Plant, and Equipment Acquisition of property and equipment Payments to Acquire Property, Plant, and Equipment, Total Acquisition of property and equipment Proceeds From Sale Of Property, Plant, and Equipment Proceeds from sale of property and equipment Proceeds from sale of property and equipment Net Cash Provided By (Used In) Investing Activities Net Cash Used in Investing Activities Net Cash Used in Investing Activities Net Cash Provided By (Used In) Financing Activities [Abstract] Cash Flows From Financing Activities: Payments Of Financing Costs Deferred financing costs Deferred financing costs Repayments Of Debt Payments on note payable Payments on note payable Repayments Of Long-Term Capital Lease Obligations Payments on capital lease obligation Payments on capital lease obligation Payments on capital lease obligation Net Cash Provided By (Used In) Financing Activities Net Cash Used in Financing Activities Net Cash Used in Financing Activities Cash and Cash Equivalents, Period Increase (Decrease) Net decrease in cash and cash equivalents Net increase in cash and cash equivalents Supplemental Cash Flow Information [Abstract] Supplemental Disclosures of Cash Flow Information: Interest Paid, Net Cash paid during the period for interest, net of amounts capitalized Cash paid during the period for interest, net of amounts capitalized Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] Supplemental Disclosures of Non-Cash Items: Capital Expenditures Incurred But Not Yet Paid Accrued capital expenditures Accrued capital expenditures Statement Of Stockholders Equity [Abstract] Statement of Stockholders' Equity [Abstract] Class Of Stock [Axis] Class of Stock [Axis] Common Class [Member] Common Class B [Member] Organization, Consolidation and Presentation Of Financial Statements [Abstract] Organization, Consolidation and Presentation of Financial Statements [Abstract] Nature Of Operations [Text Block] Nature of Operations [Text Block] Basis Of Accounting [Text Block] Basis of Accounting [Text Block] Related Party Transactions [Abstract] Related Party Transactions [Abstract] Related Party Transactions Disclosure [Text Block] Related Party Transactions Disclosure [Text Block] Goodwill and Intangible Assets Disclosure [Abstract] Goodwill and Intangible Assets Disclosure [Abstract] Intangible Assets Disclosure [Text Block] Intangible Assets Disclosure [Text Block] Debt Disclosure [Abstract] Debt [Abstract] Debt Disclosure [Text Block] Debt Disclosure [Text Block] Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Disclosure [Abstract] Legal Matters and Contingencies [Text Block] Legal Matters and Contingencies [Text Block] Consolidation, Policy [Policy Text Block] Consolidation, Policy [Policy Text Block] Reclassification, Policy [Policy Text Block] Schedule Of Intangible Assets and Goodwill [Table Text Block] Schedule of Intangible Assets and Goodwill [Table Text Block] Schedule Of Debt [Table Text Block] Schedule of Debt [Table Text Block] Long-Term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-Term Debt, Type [Domain] Long-term Debt, Type [Domain] Senior Notes [Member] Announced Sale Agreement Price Announced sale agreement price. Agreement Purchase Price Agreement Purchase Price Purchase price of the agreement. Debt Instrument, Interest Rate, Stated Percentage Debt Instrument, Interest Rate, Stated Percentage Debt Instrument, Maturity Date, Description Debt Instrument, Maturity Date, Description Component Of Other Operating Cost and Expense [Axis] Component of Other Operating Cost and Expense [Axis] Component Of Other Operating Cost and Expense, Name [Domain] Component of Other Operating Cost and Expense, Name [Domain] Professional and Registration Fees [Member] professional and registration fees Financing [Axis] Financing [Axis] Financing [Domain] Financing [Domain] Potential Refinancing Of Debt [Member] Debt Issuance Cost Debt Issuance Cost Related Party [Axis] Related Party [Axis] Related Party [Domain] Related Party [Domain] Highgate [Member] Highgate Member Travel Tripper Llc [Member] Travel Tripper LLC Member Archon Group, Lp [Member] Archon Group, LP Member. Nor1 [Member] Nor1 Member. Products and Services [Axis] Products and Services [Axis] Products and Services [Domain] Products and Services [Domain] February 20 2011 [Member] February 20 2011 Member After February 20 2011 [Member] After February 20 2011 Member Membership Interest Percentage Membership Interest Percentage Percentage of membership interest in holdings. Consulting Agreement Expire Date Consulting Agreement Expire Date Expiration date of the consulting agreement. Consulting Fees Per Year Consulting Fees Per Year Amount of consulting fees paid for one year. Additional Consulting Fees Additional Consulting Fees Additional consulting fee for the period. Properties and Development Fees Percentage Properties and Development Fees Percentage Percentage of properties and development fees. Consulting Fees Consulting Fees Amount of consulting fees paid during the period. Due To Related Parties Due to Related Parties Technology Services Costs Technology Services Costs Due From Related Parties Due from Related Parties Ownership Percentage Description Ownership Percentage Description Description related to ownership percentage. Room Revenue Percentage Room Revenue Percentage Percentage of room revenues. Service Fee Percentage Reduced Service Fee Percentage Reduced Percentage of reduced service fee. Costs and Expenses, Related Party Costs and Expenses, Related Party Related Party Transaction, Other Revenues from Transactions with Related Party Construction Management Revenue Upgrade Fee Percentage Upgrade Fee Percentage Percentage of upgraded fee. Related Party Ownership Percentage Ownership Percentage Percentage of ownership interest of related party in another related party. Indefinite-Lived Intangible Assets By Major Class [Axis] Indefinite-lived Intangible Assets by Major Class [Axis] Indefinite-Lived Intangible Assets, Major Class Name [Domain] Indefinite-lived Intangible Assets, Major Class Name [Domain] Trade Names [Member] Finite-Lived Intangible Assets By Major Class [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name [Domain] Finite-Lived Intangible Assets, Major Class Name [Domain] Player Loyalty Plan [Member] Player Loyalty Plan Member Non Compete Agreement [Member] Non Compete Agreement Member Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract] Amortizing intangible assets: Finite-Lived Intangible Asset, Useful Life Asset Life Finite-Lived Intangible Assets, Gross Gross Carrying Amount Finite-Lived Intangible Assets, Accumulated Amortization Accumulated Amortization Finite-Lived Intangible Assets, Net Net Carrying Amount Indefinite-Lived Intangible Assets (Excluding Goodwill) [Abstract] Non-amortizing intangible assets: Indefinite-Lived Intangible Assets (Excluding Goodwill) Net Carrying Amount Intangible Assets, Net (Excluding Goodwill) Intangible Assets, Net (Excluding Goodwill) Senior Notes 11% Senior Secured Notes due June 15, 2014 Debt Instrument, Unamortized Discount Unamortized discount Capital Lease Obligations Capital lease obligations Long-Term Debt and Capital Lease Obligations Total long-term debt and capital lease obligations Senior Secured Notes 11% [Member] Senior Secured Notes 11% Member Debt Instrument, Maturity Date Debt Instrument, Maturity Date Debt Instrument Interest Computation And Frequency Of Periodic Payments Description of the method of interest calculation and description of the frequency of periodic payments. Unregistered Note Exchange Debt Instrument, Exchange of Unregistered Notes for Registered Notes Amount of the unregistered notes exchanged for SEC registered notes. Redemption Percentage Redemption Percentage Percentage of the redemption. Redemption Price Percentage Redemption Price Percentage Redemption Price Percentage Redemption Value Redemption Value Redemption Value Interest Payable Interest Payable Redemption Premium Redemption Premium Non Guarantor Subsidiaries Percentage Description Non Guarantor Subsidiaries Percentage Description Description related to percentage of non guarantor subsidiaries. Debt Instrument, Fair Value Disclosure Debt Instrument, Fair Value Disclosure Redeemed Percentage Of Principal Amount Redeemed Percentage Of Principal Amount Redeemed Percentage Of Principal Amount Repurchase Price Percentage On Principal Amount Repurchase Price Percentage On Principal Amount Repurchase Price Percentage On Principal Amount Percentage Of Redemption Price On Principal Amount After Assets Sold Percentage Of Redemption Price On Principal Amount After Assets Sold Percentage Of Redemption Price On Principal Amount After Assets Sold Redemtion Percentage On Debt Redemtion Percentage On Debt Redemtion Percentage On Debt Redemption Price Percentage On Debt Redemption price percentage on debt Redemption Price Percentage On Debt Redemption Price Description Redemption Price Description Redemption Price Description Accrued Interest To Redemtion Accrued interest to redemtion as of the balance sheet date. Accrued Interest To Redemtion Amortization Of Debt Premium Amortization of Debt Premium Amortization Of Debt Premium Class of Stock [Domain] Class of Stock [Domain] Scenario [Axis] EX-101.PRE 11 acep-20120630_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 R9.htm IDEA: XBRL DOCUMENT

Intangible Assets (Unaudited)

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

Note 4. Intangible Assets

As of June 30, 2012 and December 31, 2011, we had the following intangible assets.

			(in thousands)
			June 30, 2012							December 31, 2011
			Gross					Net		Gross					Net
	Asset		Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
Amortizing intangible assets:	Life		Amount		Amortization			Amount		Amount		Amortization			Amount
Player Loyalty Plan		5 Years	$	7,450	$	(6,456	)	$	994	$	7,450	$	(5,711	)	$	1,739
Non-Compete Agreement		38 Months		1,045		(825	)		220		1,045		(660	)		385
			$	8,495	$	(7,281	)	$	1,214	$	8,495	$	(6,371	)	$	2,124

Non-amortizing intangible assets:
Trade Name								$	15,507						$	15,507
								$	16,721						$	17,631

- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References+ Details

EXCEL 14 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\U.&1A,&0S-5]F,S=A7S1F-S=?8C$S,%]F8V9A M-3)A86(W,S$B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D-/3D1%3E-%1%]#3TY33TQ)1$%4141?4U1!5$5- M13(\+W@Z3F%M93X-"B`@("`\>#I7;W)K5]5;F%U9&ET960\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DQE M9V%L7U!R;V-E961I;F=S7U5N875D:71E9#PO>#I.86UE/@T*("`@(#QX.E=O M#I%>&-E;%=O#I.86UE/D)A#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DEN M=&%N9VEB;&5?07-S971S7U1A8FQE#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D1E8G1?5&%B;&5S/"]X.DYA;64^#0H@("`@/'@Z M5V]R:W-H965T4V]U#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O5]4#I%>&-E;%=O M#I%>&-E;%=O#I.86UE/D1E8G1?1&5T86EL#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/D1E8G1?1&5T86EL#I%>&-E;%=O#I!8W1I=F53 M:&5E=#XP/"]X.D%C=&EV95-H965T/@T*("`\>#I0#I%>&-E;%=O7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA'0^06UE M'0^9F%L'0^2G5N M(#,P+`T*"0DR,#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6%B M;&4\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E3PO=&0^#0H@("`@("`@(#QT9"!C;&%S3PO=&0^#0H@("`@ M("`@(#QT9"!C;&%S7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA3PO=&0^#0H@("`@("`@(#QT9"!C;&%S M7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2!O<&5R871I;F<@86-T M:79I=&EEF%T M:6]N(&]F(&1E8G0@:7-S=6%N8V4@86YD(&1E8G0@9&ES8V]U;G0@8V]S=',\ M+W1D/@T*("`@("`@("`\=&0@8VQA6%B;&4@86YD(&%C8W)U960@97AP96YS97,\+W1D/@T*("`@("`@("`\=&0@ M8VQA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$2!A;F0@97%U:7!M96YT/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$;G5M/B@Y+#2!A;F0@97%U:7!M96YT/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-3QS<&%N/CPO'!E;F1I='5R97,\+W1D/@T*("`@("`@("`\=&0@ M8VQA3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%\U.&1A,&0S-5]F,S=A7S1F-S=?8C$S,%]F8V9A M-3)A86(W,S$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-3AD83!D M,S5?9C,W85\T9C'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'`@6QE/3-$ M)V9O;G0Z(#$P<'0@=&EM97,@;F5W(')O;6%N+"!T:6UEF]N82!#:&%R;&EE)B,X,C$W.W,@1&5C871UF]N M82!#:&%R;&EE)B,X,C$W.W,@0F]U;&1E6QE/3-$)V9O;G0Z(#$P M<'0@=&EM97,@;F5W(')O;6%N+"!T:6UE&EM871E;'D@)#$N,R!B:6QL:6]N+B!0=7)S=6%N="!T;R!T:&4@07-S:6=N M;65N="!A;F0@07-S=6UP=&EO;B!!9W)E96UE;G0L(&1A=&5D($1E8V5M8F5R M)B,Q-C`[-"P@,C`P-RP@8F5T=V5E;B!(;VQD:6YG2`R,"P@,C`P."X\+W`^#0H\<"!S='EL93TS M1"=F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L('-E&-H86YG92!O M9F9E&EM871E;'D@)#,W-"XY(&UI;&QI;VX@86=G2!R969E'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQAF%T:6]N M+"!#;VYS;VQI9&%T:6]N(&%N9"!0'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'`@6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)V-O;&]R.B`C,C(Q93%F.R<^5&AE(&%C8V]M<&%N M>6EN9R!C;VYD96YS960@8V]N6QE/3-$ M)V-O;&]R.B!W:6YD;W=T97AT.R<^2!I;F-L=61E9"!I;B!F:6YA;F-I86P@'!E M8W1E9"!F;W(@86YY(&9U='5R92!I;G1E65A6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)V-O;&]R M.B`C,C(Q93%F.R<^5&AE65A2!B>2!V:7-I=&EN9R!T M:&4@4T5#('=E8G-I=&4@870@/"]F;VYT/FAT='`Z+R]W=W6QE/3-$)V-O;&]R.B`C,C(Q93%F.R<^+B!9;W4@;6%Y(&%L6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE M#L@9F]N M=#H@,3!P="!T:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P M="!T:6UE2!B86QA;F-E2!R96QA=&5D('1O('1H92!#;VUP86YY M)B,X,C$W.W,@,3$E(%-E;FEO&EM871E;'D@)#'!E;G-E M9"X\+W`^#0H\<"!S='EL93TS1"=M87)G:6XZ(#!P="`P<'@[(&9O;G0Z(#$P M<'0@=&EM97,@;F5W(')O;6%N+"!T:6UE"!M;VYT:',@<&5R:6]D7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA M2!4 M6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE2!46QE/3-$)VUA#L@9F]N=#H@,3!P M="!T:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE M6QE/3-$)V-O M;&]R.B!W:6YD;W=T97AT.R!F;VYT+7-I>F4Z(#$P<'0[)SY/;B!&96)R=6%R M>2`R,"P@,C`P."P@=V4@96YT97)E9"!I;G1O(&$@8V]NF4Z(#$P<'0[)SY(:6=H9V%T92!O=VYS M(&$@;&5SF4Z(#$P<'0[)SY4:&4@8V]N'0[)SX@/"]F;VYT/DAI9VAG M871E(&ES(&5N=&ET;&5D('1O(')E8V5I=F4@82`D,2XU(&UI;&QI;VX@<&5R M('EE87(@8F%S92!C;VYS=6QT:6YG(&9E92!F;W(@=&AE('!E28C,38P.S(P+"`R,#$Q(&%N9"!A("0Q+C`@;6EL;&EO M;B!P97(@>65A'0[)SY792!I;F-U&EM871E;'D@)#(U,"PP,#`@9F]R(&)O=&@@=&AE('1H&EM871E;'D@)#4P M,"PP,#`@86YD("0U-CDL,#`P(&9O6QE/3-$)VUA#L@9F]N=#H@,3!P M="!T:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE M65E(&]F($AI M9VAG871E("@T,"4I+B!&2`S,2P@ M,C`Q,"P@5%1,('=AFEN9R!I=',@'!E;G-E9"!F M965S(&]F(&%P<')O>&EM871E;'D@)#$P,2PP,#`@86YD("0Q,#,L,#`P(&9O M2X\+W`^#0H\ M<"!S='EL93TS1"=M87)G:6XZ(#!P="`P<'@[(&9O;G0Z(#$P<'0@=&EM97,@ M;F5W(')O;6%N+"!T:6UE2`D-3,L,#`P(&%N9"`D,C(L,#`P(&9O&EM M871E;'D@)#(R,RPP,#`@9F]R(&)O=&@@=&AE('1H2`D.3(L,#`P(&%N9"`D,C,X+#`P,"!F;W(@=&AE('1H&EM M871E;'D@)#2X\+W`^ M#0H\<"!S='EL93TS1"=M87)G:6XZ(#!P="`P<'@[(&9O;G0Z(#$P<'0@=&EM M97,@;F5W(')O;6%N+"!T:6UE2!T;R!B;V]K(&$@;F]N+6=U87)A;G1E960@'0[)SX@1V]L9&UA;B!386-H'!E;G-E9"!F965S(&]F(&%P<')O>&EM871E;'D@)#$T+#`P M,"!A;F0@)#$Q+#`P,"!F;W(@=&AE('1H2`D,C0L,#`P(&%N9"`D M,C,L,#`P(&9O2`D-2PP,#`@86YD("0R+#`P,"P@2!F M;W(@2!S=6-H(&EN9&5P M96YD96YT(&%D=FES;W)S(&%S(&ET(&1E96US(&YE8V5S2!T;R!P2!E=F%L=6%T92!T:&4@<')O<&]S960@=')A;G-A8W1I;VXL(&EN8VQU M9&EN9RP@=VET:&]U="!L:6UI=&%T:6]N+"!O=71S:61E(&QE9V%L(&-O=6YS M96P@86YD(&9I;F%N8VEA;"!A9'9I'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA'0@0FQO8VM= M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<"!S='EL93TS1"=M M87)G:6XZ(#!P="`P<'@[(&9O;G0Z(#$P<'0@=&EM97,@;F5W(')O;6%N+"!T M:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P M="!T:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE M2!A<'!L>6EN9R!A(&9A:7(M=F%L=64M M8F%S960@=&5S="X\9F]N="!S='EL93TS1"=C;VQO2!P;&%N(&%N9"!A M(&YO;BUC;VUP971E(&%G6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE6QE M/3-$)W1E>'0M:6YD96YT.B`P<'@[('!A9&1I;FF4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT M9"!S='EL93TS1"=P861D:6YG+6)O='1O;3H@,7!T.R!F;VYT+7-I>F4Z(#$P M<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS M1"=F;VYT+7-I>F4Z(#$P<'0[)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R M87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=P861D:6YG+6)O='1O;3H@ M,7!T.R!F;VYT+7-I>F4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[ M/"]T9#X-"CQT9"!S='EL93TS1"=P861D:6YG+6)O='1O;3H@,7!T.R!F;VYT M+7-I>F4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT M9"!S='EL93TS1"=B;W)D97(M8F]T=&]M.B!B;&%C:R`Q<'0@'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E#L@9F]N="US M:7IE.B`Q,'!T.R<@;F]W6QE/3-$)W!A9&1I;F6QE/3-$)V9O;G0M6QE M/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$ M)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ(&-E;G1EF4Z(#$P M<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS M1"=F;VYT+7-I>F4Z(#$P<'0[)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R M87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[ M)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=F M;VYT+7-I>F4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X- M"CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!C96YT97([(&9O;G0M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)W1E M>'0M86QI9VXZ(&-E;G1EF4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X- M"CQT9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[)R!N;W=R87`],T1N;W=R M87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[ M)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT M9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^ M)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[)R!N M;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=T97AT M+6%L:6=N.B!C96YT97([(&9O;G0M6QE/3-$)V9O;G0M M6QE/3-$)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ M(&-E;G1EF4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[ M/"]T9#X-"CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!C96YT97([(&9O;G0M M6EN9SPO=&0^#0H\=&0@F4Z(#$P<'0[ M)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R87`^06-C=6UU;&%T960\+W1D M/@T*/'1D('-T>6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$ M)W1E>'0M86QI9VXZ(&-E;G1E6EN9SPO=&0^#0H\=&0@F4Z(#$P<'0[)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R87`^ M06-C=6UU;&%T960\+W1D/@T*/'1D('-T>6QE/3-$)V9O;G0M6QE/3-$ M)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ(&-E;G1E6QE/3-$)W1E>'0M:6YD M96YT.B`P<'@[('!A9&1I;FF4Z(#$P<'0[ M)R!N;W=R87`],T1N;W=R87`^06UOFEN9R!I;G1A;F=I8FQE(&%S6QE/3-$)V9O;G0M6QE/3-$)W1E>'0M86QI M9VXZ(&-E;G1E6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ(&-E;G1EF4Z(#$P<'0[ M)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R87`^06UOF%T:6]N/"]T M9#X-"CQT9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[)R!N;W=R87`],T1N M;W=R87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P M<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS M1"=T97AT+6%L:6=N.B!C96YT97([(&9O;G0M6QE M/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ M(&-E;G1EF4Z(#$P<'0[)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R87`^06UO MF%T:6]N/"]T9#X-"CQT9"!S='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[ M)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=F M;VYT+7-I>F4Z(#$P<'0[)R!N;W=R87`],T1N;W=R87`^)B,Q-C`[/"]T9#X- M"CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!C96YT97([(&9O;G0M6QE/3-$)V9O;G0M#L@<&%D9&EN9RUL969T.B`P+C$R:6X[('=I9'1H.B`R,R4[(&9O;G0M M6QE/3-$)W=I9'1H.B`Q)3L@9F]N="US:7IE.B`Q,'!T.R<^)B,Q-C`[/"]T M9#X-"CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!L969T.R!W:61T:#H@,24[ M(&9O;G0MF4Z(#$P<'0[ M)SXU(%EE87)S/"]T9#X-"CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!L969T M.R!W:61T:#H@,24[(&9O;G0MF4Z(#$P<'0[)SXF(S$V M,#L\+W1D/@T*/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I9'1H M.B`Q)3L@9F]N="US:7IE.B`Q,'!T.R<^)#PO=&0^#0H\=&0@6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[ M('=I9'1H.B`Q)3L@9F]N="US:7IE.B`Q,'!T.R<^)B,Q-C`[/"]T9#X-"CQT M9"!S='EL93TS1"=W:61T:#H@,24[(&9O;G0MF4Z(#$P<'0[)SXD/"]T9#X-"CQT9"!S='EL93TS1"=T M97AT+6%L:6=N.B!R:6=H=#L@=VED=&@Z(#@E.R!F;VYT+7-I>F4Z(#$P<'0[ M)SXH-BPT-38\+W1D/@T*/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[ M('=I9'1H.B`Q)3L@9F]N="US:7IE.B`Q,'!T.R<^*3PO=&0^#0H\=&0@F4Z(#$P<'0[)SXF(S$V,#L\+W1D M/@T*/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I9'1H.B`Q)3L@ M9F]N="US:7IE.B`Q,'!T.R<^)#PO=&0^#0H\=&0@6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I9'1H.B`Q)3L@9F]N M="US:7IE.B`Q,'!T.R<^)#PO=&0^#0H\=&0@6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I9'1H.B`Q M)3L@9F]N="US:7IE.B`Q,'!T.R<^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS M1"=W:61T:#H@,24[(&9O;G0MF4Z(#$P<'0[)SXD/"]T9#X-"CQT9"!S='EL93TS1"=T97AT+6%L:6=N M.B!R:6=H=#L@=VED=&@Z(#@E.R!F;VYT+7-I>F4Z(#$P<'0[)SXH-2PW,3$\ M+W1D/@T*/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I9'1H.B`Q M)3L@9F]N="US:7IE.B`Q,'!T.R<^*3PO=&0^#0H\=&0@F4Z(#$P<'0[)SXF(S$V,#L\+W1D/@T*/'1D('-T M>6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I9'1H.B`Q)3L@9F]N="US:7IE M.B`Q,'!T.R<^)#PO=&0^#0H\=&0@6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I9'1H.B`Q)3L@9F]N M="US:7IE.B`Q,'!T.R<^)B,Q-C`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`T-3PO=&0^#0H\=&0@F4Z(#$P<'0[)SXF(S$V,#L\ M+W1D/@T*/'1D('-T>6QE/3-$)V)O'0M86QI9VXZ(')I9VAT.R!F;VYT+7-I>F4Z(#$P<'0[ M)SXH-C8P/"]T9#X-"CQT9"!S='EL93TS1"=T97AT+6%L:6=N.B!L969T.R!P M861D:6YG+6)O='1O;3H@,7!T.R!F;VYT+7-I>F4Z(#$P<'0[)SXI/"]T9#X- M"CQT9"!S='EL93TS1"=P861D:6YG+6)O='1O;3H@,7!T.R!F;VYT+7-I>F4Z M(#$P<'0[)SXF(S$V,#L\+W1D/@T*/'1D('-T>6QE/3-$)V)O'0M86QI9VXZ(')I9VAT.R!F M;VYT+7-I>F4Z(#$P<'0[)SXS.#4\+W1D/@T*/'1D('-T>6QE/3-$)W1E>'0M M86QI9VXZ(&QE9G0[('!A9&1I;F6QE/3-$)V)A8VMG M'0M M:6YD96YT.B`P<'@[('!A9&1I;FF4Z(#$P M<'0[)SXF(S$V,#L\+W1D/@T*/'1D('-T>6QE/3-$)W!A9&1I;F6QE/3-$)W1E>'0M86QI9VXZ(')I9VAT.R!F M;VYT+7-I>F4Z(#$P<'0[)SXF(S$V,#L\+W1D/@T*/'1D('-T>6QE/3-$)W1E M>'0M86QI9VXZ(&QE9G0[('!A9&1I;FF4Z(#$P<'0[)SXD/"]T M9#X-"CQT9"!S='EL93TS1"=B;W)D97(M8F]T=&]M.B!B;&%C:R`R+C5P="!D M;W5B;&4[('1E>'0M86QI9VXZ(')I9VAT.R!F;VYT+7-I>F4Z(#$P<'0[)SXX M+#0Y-3PO=&0^#0H\=&0@F4Z(#$P<'0[)SXF(S$V,#L\ M+W1D/@T*/'1D('-T>6QE/3-$)W!A9&1I;F'0M86QI9VXZ(&QE M9G0[(&9O;G0M6QE/3-$)V)O MF4Z(#$P<'0[)SXI/"]T9#X-"CQT9"!S='EL93TS1"=P861D M:6YG+6)O='1O;3H@,BXU<'0[(&9O;G0MF4Z(#$P<'0[)SXD M/"]T9#X-"CQT9"!S='EL93TS1"=B;W)D97(M8F]T=&]M.B!B;&%C:R`R+C5P M="!D;W5B;&4[('1E>'0M86QI9VXZ(')I9VAT.R!F;VYT+7-I>F4Z(#$P<'0[ M)SXQ+#(Q-#PO=&0^#0H\=&0@F4Z(#$P<'0[)SXF(S$V M,#L\+W1D/@T*/'1D('-T>6QE/3-$)W!A9&1I;F'0M86QI9VXZ M(&QE9G0[(&9O;G0M6QE/3-$ M)V)OF4Z(#$P<'0[)SXF M(S$V,#L\+W1D/@T*/'1D('-T>6QE/3-$)V)O6QE/3-$)W!A9&1I;F'0M86QI M9VXZ(&QE9G0[(&9O;G0M6QE M/3-$)V)O6QE/3-$)V)A8VMG#L@<&%D9&EN9RUL969T.B`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`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`Q,'!T.R<^)B,Q-C`[/"]T9#X-"CQT9"!S M='EL93TS1"=P861D:6YG+6)O='1O;3H@,BXU<'0[(&9O;G0MF4Z(#$P<'0[)SXF(S$V,#L\+W1D/@T*/'1D('-T>6QE/3-$)W1E>'0M86QI M9VXZ(&QE9G0[(&9O;G0MF4Z(#$P<'0[)SXF(S$V M,#L\+W1D/@T*/'1D('-T>6QE/3-$)W!A9&1I;F6QE/3-$)W1E>'0M86QI9VXZ(')I9VAT.R!F;VYT+7-I>F4Z M(#$P<'0[)SXF(S$V,#L\+W1D/@T*/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ M(&QE9G0[('!A9&1I;FF4Z(#$P<'0[)SXD/"]T9#X-"CQT9"!S M='EL93TS1"=B;W)D97(M8F]T=&]M.B!B;&%C:R`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`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<"!S M='EL93TS1"=F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L('-E M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0MF4Z(#$P<'0[(&9O;G0M=V5I9VAT.B!B;VQD.R!T97AT+6%L:6=N M.B!C96YT97([)R!C;VQS<&%N/3-$,B!N;W=R87`],T1N;W=R87`^07,@;V8\ M+W1D/@T*/'1D('-T>6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$ M)V9O;G0M6QE/3-$)W9E M'0M86QI9VXZ(&QE9G0[('1E>'0M:6YD96YT.B`P.R!P861D:6YG M+6QE9G0Z(#`N,3)I;CLG/C$Q)2!396YI;W(@4V5C=7)E9"!.;W1EF4Z(#$P<'0[)SXF(S$V,#L\+W1D/@T*/'1D('-T>6QE/3-$)W=I M9'1H.B`Q)3L@9F]N="US:7IE.B`Q,'!T.R!T97AT+6%L:6=N.B!L969T.R<^ M)#PO=&0^#0H\=&0@6QE/3-$)W=I9'1H.B`Q)3L@9F]N="US:7IE.B`Q,'!T.R!T97AT+6%L:6=N M.B!L969T.R<^)B,Q-C`[/"]T9#X-"CQT9"!S='EL93TS1"=W:61T:#H@,B4[ M(&9O;G0MF4Z(#$P<'0[('1E>'0M86QI9VXZ(&QE9G0[ M)SXD/"]T9#X-"CQT9"!S='EL93TS1"=W:61T:#H@,3`E.R!F;VYT+7-I>F4Z M(#$P<'0[('1E>'0M86QI9VXZ(')I9VAT.R<^,S4V+#(U,#PO=&0^#0H\=&0@ MF4Z(#$P<'0[('1E>'0M86QI M9VXZ(&QE9G0[)SXF(S$V,#L\+W1D/@T*/"]T6QE/3-$)V9O;G0M6QE/3-$)V9O M;G0M'0M86QI9VXZ(')I M9VAT.R<^*#$P+#@Q,CPO=&0^#0H\=&0@'0M86QI9VXZ(&QE9G0[)SXF(S$V,#L\+W1D M/@T*/'1D('-T>6QE/3-$)V9O;G0M'0M86QI9VXZ(&QE9G0[)SXI/"]T9#X-"CPO='(^#0H\='(@ M6QE/3-$)V9O;G0MF4Z(#$P<'0[('1E>'0M86QI9VXZ(')I9VAT.R<^,2PW-S8\ M+W1D/@T*/'1D('-T>6QE/3-$)W!A9&1I;FF4Z(#$P<'0[('1E>'0M M86QI9VXZ(')I9VAT.R<^,2PY,3D\+W1D/@T*/'1D('-T>6QE/3-$)W!A9&1I M;F6QE/3-$)W9E'0M:6YD96YT.B`P.R<^5&]T86P@ M;&]N9RUT97)M(&1E8G0@86YD(&-A<&ET86P@;&5A6QE/3-$)V9O;G0M'0M86QI9VXZ(')I9VAT.R<^,S(X+#0V-#PO=&0^#0H\=&0@ M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)W9E'0M86QI9VXZ M(&QE9G0[('!A9&1I;F'0M:6YD96YT.B`P.R!P M861D:6YG+6QE9G0Z(#`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`N($EN=&5R M97-T(&]N('1H92`Q,24@4V5N:6]R(%-E8W5R960@3F]T97,@8V%L;&5D(&9O MF5D+B!4 M:&4@;&]S2`D,S4V+C$@;6EL;&EO;B!A6QE/3-$)V9O;G0Z(#$P<'0@=&EM97,@;F5W(')O;6%N+"!T:6UE M6QE/3-$)V9O;G0Z(#$P<'0@=&EM97,@;F5W(')O;6%N+"!T:6UE6QE/3-$)V9O;G0Z(#$P<'0@=&EM97,@;F5W M(')O;6%N+"!T:6UE'!E6QE/3-$)V9O;G0Z(#$P<'0@ M=&EM97,@;F5W(')O;6%N+"!T:6UE2!A;F0@86YN=6%L(')E<&]R=',L(&%N9"!A M;6]N9R!O=&AE2!T;SH\ M+W`^#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@ M=&EM97,L('-E6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`Q,'!T('1I M;65S(&YE=R!R;VUA;BP@=&EM97,L('-E6QE/3-$)W=I9'1H.B`S)3L@ M9F]N="US:7IE.B`Q,'!T.R!F;VYT+7=E:6=H=#H@8F]L9#LG(&YO=W)A<#TS M1&YO=W)A<#XF(S@R,C8[/"]T9#X-"CQT9"!S='EL93TS1"=W:61T:#H@,24[ M(&9O;G0M6UE;G1S(&]N(&1E8G0L(&]R M(&UA:V4@:6YV97-T;65N=',[/"]T9#X-"CPO='(^#0H\='(^#0H\=&0@6QE M/3-$)V9O;G0M6QE/3-$ M)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)V9O M;G0M6QE/3-$)V9O;G0Z(#$P<'0@ M=&EM97,@;F5W(')O;6%N+"!T:6UE6%B;&4@:6UM961I M871E;'D@=VET:&]U="!F=7)T:&5R(&%C=&EO;B!O'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA6QE/3-$)V9O;G0Z(#$P<'0@=&EM97,@;F5W(')O;6%N+"!T:6UE6QE/3-$)V9O;G0Z(#$P<'0@=&EM97,@;F5W M(')O;6%N+"!T:6UE2X\+V9O;G0^/"]P/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAA6QE/3-$)VUA3IT:6UE3IT:6UEF4],T0R('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE M=R!R;VUA;BQT:6UE2UO=VYE9"!S=6)S:61I87)I97,N($%L;"!M871E M6QE/3-$)VUA M#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P M="!T:6UE6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE M28C.#(Q-SMS(#$Q)2!396YI;W(@4V5C=7)E9"!.;W1E2X@26YC;'5D960@:6X@=&AE("0R+C0@ M;6EL;&EO;B!I6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)VUA#L@ M9F]N=#H@,3!P="!T:6UE6QE/3-$)VUA#L@9F]N=#H@ M,3!P="!T:6UE'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6QE/3-$)V9O;G0Z(#$P<'0@=&EM97,@ M;F5W(')O;6%N+"!T:6UE6QE/3-$)V9O M;G0M6QE/3-$ M)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)W!A9&1I;F6QE/3-$)V9O;G0M6QE/3-$ M)V9O;G0MF4Z(#$P<'0[)R!N;W=R87`] M,T1N;W=R87`^)B,Q-C`[/"]T9#X-"CPO='(^#0H\='(@6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M M6QE/3-$)V9O;G0M XML 15 R8.htm IDEA: XBRL DOCUMENT

Related Party Transactions (Unaudited)

6 Months Ended

Jun. 30, 2012

Note 3. Related Party Transactions

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph b

-Article 3A

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Article 4

+ Details

XML 16 R2.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 62,538	$ 74,201
Investments-restricted	211	211
Accounts receivable, net	4,122	4,280
Accounts receivable, net - related party	75	196
Other current assets	11,514	11,462
Total Current Assets	78,460	90,350
Property and equipment, net	1,105,946	1,111,787
Debt issuance costs, net	2,367	2,055
Intangible and other assets	16,869	17,837
Total Assets	1,203,642	1,222,029
Liabilities and Members' Equity
Accounts payable	5,147	4,730
Accrued expenses	17,569	16,429
Accounts payable and accrued expenses - related party	23	13
Accrued payroll and related expenses	11,444	11,431
Current portion of capital lease obligations	297	289
Total Current Liabilities	34,480	32,892
Long-Term Liabilities:
Long-term debt, net of unamortized discount	326,688	342,353
Capital lease obligations, less current portion	1,479	1,630
Total Long-Term Liabilities	328,167	343,983
Total Liabilities	362,647	376,875
Commitments and Contingencies
Members' Equity:
Members' Equity	840,995	845,154
Total Members' Equity	840,995	845,154
Total Liabilities and Members' Equity	$ 1,203,642	$ 1,222,029

XML 17 R6.htm IDEA: XBRL DOCUMENT

The Company (Unaudited)

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Nature of Operations [Text Block]

Note 1. The Company

XML 18 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'

'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'

'+ "\n"+' '+ "\n"+'

'+ "\n"+'

'+raw+'

'+ "\n"+'

'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 19 R7.htm IDEA: XBRL DOCUMENT

Basis of Presentation (Unaudited)

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Basis of Accounting [Text Block]

Note 2. Basis of Presentation

Principles of Consolidation

Debt Issuance Costs

Reclassification

XML 20 R3.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues:
Casino	$ 50,106	$ 50,715	$ 104,109	$ 103,928
Hotel	17,792	16,924	33,395	32,104
Food and beverage	17,585	17,483	34,093	34,307
Tower, retail, entertainment and other	8,416	8,299	16,076	15,881
Gross revenues	93,899	93,421	187,673	186,220
Less promotional allowances	6,195	5,845	12,820	12,083
Net revenues	87,704	87,576	174,853	174,137
Costs And Expenses:
Casino	16,279	16,550	33,073	33,485
Hotel	9,132	8,942	17,333	17,315
Food and beverage	13,342	13,180	25,709	25,606
Other operating expenses	2,926	2,982	5,743	6,168
Selling, general and administrative	28,543	26,000	56,968	54,918
Depreciation and amortization	8,279	9,617	16,931	20,659
(Gain) Loss on disposal of assets	35	23	(7)	33
Management fee - related party	250	250	500	569
Total costs and expenses	78,786	77,544	156,250	158,753
Income From Operations	8,918	10,032	18,603	15,384
Other Income (Expense):
Loss on debt redemption	(1,112)	(1,378)	(1,112)	(1,378)
Interest income	0	1	0	1
Interest expense	(10,599)	(11,424)	(21,650)	(23,010)
Total other expense, net	(11,711)	(12,801)	(22,762)	(24,387)
Net Loss	$ (2,793)	$ (2,769)	$ (4,159)	$ (9,003)

XML 21 R17.htm IDEA: XBRL DOCUMENT

Related Party Transactions (Details Textual) (USD $)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended		1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended		25 Months Ended		3 Months Ended		6 Months Ended			3 Months Ended		6 Months Ended		12 Months Ended
Related Party Transactions (Details Textual) (USD $)	Feb. 28, 2011	Jun. 30, 2012 Highgate [Member]	Jun. 30, 2011 Highgate [Member]	Jun. 30, 2012 Highgate [Member]	Jun. 30, 2011 Highgate [Member]	Dec. 31, 2008 Highgate [Member]	Dec. 31, 2011 Highgate [Member]	Feb. 28, 2011 Highgate [Member] February 20 2011 [Member]	Feb. 28, 2011 Highgate [Member] After February 20 2011 [Member]	Jun. 30, 2012 Travel Tripper Llc [Member]	Jun. 30, 2011 Travel Tripper Llc [Member]	Jun. 30, 2012 Travel Tripper Llc [Member]	Jun. 30, 2011 Travel Tripper Llc [Member]	Dec. 30, 2010 Travel Tripper Llc [Member]	Dec. 31, 2008 Travel Tripper Llc [Member]	Jul. 31, 2010 Travel Tripper Llc [Member]	Dec. 31, 2011 Travel Tripper Llc [Member]	Jun. 30, 2012 Archon Group, Lp [Member]	Jun. 30, 2011 Archon Group, Lp [Member]	Jun. 30, 2012 Archon Group, Lp [Member]	Jun. 30, 2011 Archon Group, Lp [Member]	Dec. 31, 2011 Archon Group, Lp [Member]	Jun. 30, 2012 Nor1 [Member]	Jun. 30, 2011 Nor1 [Member]	Jun. 30, 2012 Nor1 [Member]	Jun. 30, 2011 Nor1 [Member]	Dec. 31, 2008 Nor1 [Member]	Dec. 31, 2011 Nor1 [Member]
Membership Interest Percentage						Less than 5%
Consulting Agreement Expire Date						Jun. 20, 2013
Consulting Fees Per Year								$ 1,500,000	$ 1,000,000
Additional Consulting Fees									500,000
Properties and Development Fees Percentage	4.00%
Consulting Fees		250,000	250,000	500,000	569,000
Due to Related Parties		0		0			0			18,000		18,000					11,000	0		0		0	5,000		5,000			2,000
Technology Services Costs			0		14,000
Due from Related Parties		0		0			0											75,000		75,000		196,000
Ownership Percentage Description															TTL is owned by an affiliate of Goldman Sachs (9%), an affiliate of Highgate (9%) and an employee of Highgate (40%)
Room Revenue Percentage																4.00%
Service Fee Percentage Reduced														2.00%
Deferred Revenue																		185,000		185,000
Costs and Expenses, Related Party										50,000	51,000	101,000	103,000					34,000	2,000	53,000	22,000		14,000	11,000	24,000	23,000
Construction Management Revenue																		$ 223,000	$ 92,000	$ 223,000	$ 238,000
Upgrade Fee Percentage																											25.00%
Ownership Percentage																											5.00%

XML 22 R1.htm IDEA: XBRL DOCUMENT

DOCUMENT AND ENTITY INFORMATION	6 Months Ended
DOCUMENT AND ENTITY INFORMATION	Jun. 30, 2012
Entity Registrant Name	American Casino & Entertainment Properties LLC
Entity Central Index Key	0001297735
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	0
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2012
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2012

XML 23 R18.htm IDEA: XBRL DOCUMENT

Intangible Assets (Details) (USD $) In Thousands, unless otherwise specified			6 Months Ended		6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2012 Player Loyalty Plan [Member]	Dec. 31, 2011 Player Loyalty Plan [Member]	Dec. 31, 2011 Non Compete Agreement [Member]	Jun. 30, 2012 Non Compete Agreement [Member]	Jun. 30, 2012 Trade Names [Member]	Dec. 31, 2011 Trade Names [Member]
Amortizing intangible assets:
Asset Life			5 years		3 years 2 months
Gross Carrying Amount	$ 8,495	$ 8,495	$ 7,450	$ 7,450	$ 1,045	$ 1,045
Accumulated Amortization	(7,281)	(6,371)	(6,456)	(5,711)	(660)	(825)
Net Carrying Amount	1,214	2,124	994	1,739	385	220
Non-amortizing intangible assets:
Net Carrying Amount							15,507	15,507
Intangible Assets, Net (Excluding Goodwill)	$ 16,721	$ 17,631

XML 24 R4.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash Flows From Operating Activities:
Net loss	$ (4,159)	$ (9,003)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	16,931	20,659
Amortization of debt issuance and debt discount costs	2,800	2,618
Loss on debt redemption	1,112	1,378
(Gain) Loss on disposal of assets	(7)	33
Changes in operating assets and liabilities:
Accounts receivable, net	158	(129)
Other assets	6	(1,885)
Accounts payable and accrued expenses	1,085	(3,379)
Related party activity, net	131	(45)
Net Cash Provided by Operating Activities	18,057	10,247
Cash Flows From Investing Activities:
Acquisition of property and equipment	(9,753)	(7,053)
Proceeds from sale of property and equipment	65	21
Net Cash Used in Investing Activities	(9,688)	(7,032)
Cash Flows From Financing Activities:
Deferred financing costs	(764)	0
Payments on note payable	(19,125)	(19,125)
Payments on capital lease obligation	(143)	(136)
Net Cash Used in Financing Activities	(20,032)	(19,261)
Net decrease in cash and cash equivalents	(11,663)	(16,046)
Cash and cash equivalents - beginning of period	74,201	85,311
Cash and cash equivalents - end of period	62,538	69,265
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for interest, net of amounts capitalized	18,931	20,474
Supplemental Disclosures of Non-Cash Items:
Accrued capital expenditures	$ 485	$ 0

XML 25 R12.htm IDEA: XBRL DOCUMENT

Basis of Presentation (policies)	6 Months Ended
Basis of Presentation (policies)	Jun. 30, 2012
Organization, Consolidation and Presentation Of Financial Statements [Abstract]
Consolidation, Policy [Policy Text Block]	*Principles of Consolidation* The condensed consolidated financial statements include the accounts of ACEP and its wholly-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation.
Debt Issuance Costs [Policy Text Block]	*Debt Issuance Costs* Debt issuance costs of $2.4 million and $2.1 million consist primarily of professional and registration fees directly related to the Company’s 11% Senior Secured Notes and are included on the Company’s consolidated balance sheet at June 30, 2012 and December 31, 2011, respectively. Included in the $2.4 million is approximately $764,000 of costs associated with the potential refinancing of the 11% Senior Secured Notes. If the potential refinancing is terminated, the costs associated with the potential refinancing will be expensed.
Reclassification, Policy [Policy Text Block]	*Reclassification* Certain reclassifications have been made to the three and six months periods ending June 30, 2011 consolidated financial statements to conform to the June 30, 2012 presentation. These reclassifications had no effect on net loss.

- Definition

Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 325

-SubTopic 20

-URI http://asc.fasb.org/subtopic&trid=2197087

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 18

-Paragraph 20

-Subparagraph a(2)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 2-6

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2196966

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 860

-SubTopic 40

-Section 45

-URI http://asc.fasb.org/section&trid=2197723

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 18

-Paragraph 5, 6, 16-19

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 46R

-Paragraph 4

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph k

-Article 1

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=16385135&loc=d3e33801-111570

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 46R

-Paragraph 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 46R

-Paragraph 4

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 140

-Paragraph 46

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.3A-02)

-URI http://asc.fasb.org/extlink&oid=6959686&loc=d3e355033-122828

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 96-16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02, 03

-Article 3A

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 97-2

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

XML 26 R11.htm IDEA: XBRL DOCUMENT

Legal Proceedings (Unaudited)

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

Legal Matters and Contingencies [Text Block]

Note 6. Legal Proceedings

XML 27 R19.htm IDEA: XBRL DOCUMENT

Debt (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
11% Senior Secured Notes due June 15, 2014	$ 337,500	$ 356,250
Unamortized discount	(10,812)	(13,897)
Capital lease obligations	1,776	1,919
Total long-term debt and capital lease obligations	328,464	344,272
Current portion of capital lease obligations	(297)	(289)
Total long-term debt and capital lease obligations, net	$ 328,167	$ 343,983

- Definition

Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid within one year (or one operating cycle, if longer) of the balance sheet date.

+ References+ Details

- Definition

The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized.

+ References+ Details

XML 28 R15.htm IDEA: XBRL DOCUMENT

The Company (Details Textual) (USD $)	12 Months Ended			1 Months Ended
The Company (Details Textual) (USD $)	Dec. 31, 2007	Feb. 23, 2010	Feb. 20, 2008	Feb. 28, 2010 Senior Notes [Member]	Feb. 23, 2010 Senior Notes [Member]
Announced Sale Agreement Price	$ 1,300,000,000
Agreement Purchase Price			1,200,000,000
Debt Instrument, Exchange of Unregistered Notes for Registered Notes		$ 374,900,000
Debt Instrument, Interest Rate, Stated Percentage					11.00%
Debt Instrument, Maturity Date, Description				2014

XML 29 R13.htm IDEA: XBRL DOCUMENT

Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

As of June 30, 2012 and December 31, 2011, we had the following intangible assets.

			(in thousands)
			June 30, 2012						December 31, 2011
			Gross				Net		Gross				Net
	Asset		Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
Amortizing intangible assets:	Life		Amount		Amortization		Amount		Amount		Amortization		Amount
Player Loyalty Plan		5 Years	$	7,450	$	(6,456)	$	994	$	7,450	$	(5,711)	$	1,739
Non-Compete Agreement		38 Months		1,045		(825)		220		1,045		(660)		385
			$	8,495	$	(7,281)	$	1,214	$	8,495	$	(6,371)	$	2,124

Non-amortizing intangible assets:
Trade Name							$	15,507					$	15,507
							$	16,721					$	17,631

XML 30 R14.htm IDEA: XBRL DOCUMENT

Debt (Tables)

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Long-term debt and capital lease obligations consist of the following:

	As of			As of
	June 30, 2012			December 31, 2011

	(In thousands)
11% Senior Secured Notes due June 15, 2014	$	337,500		$	356,250
Unamortized discount		(10,812	)		(13,897	)
Capital lease obligations		1,776			1,919
Total long-term debt and capital lease obligations		328,464			344,272
Current portion of capital lease obligations		(297	)		(289	)
Total long-term debt and capital lease obligations, net	$	328,167		$	343,983

XML 31 R16.htm IDEA: XBRL DOCUMENT

Basis of Presentation (Details Textual) (Senior Notes [Member], USD $)		6 Months Ended
	Feb. 23, 2010	Jun. 30, 2012 Potential Refinancing Of Debt [Member]	Jun. 30, 2012 Professional and Registration Fees [Member]	Dec. 31, 2011 Professional and Registration Fees [Member]
Debt Issuance Cost		$ 764,000	$ 2,400,000	$ 2,100,000
Debt Instrument, Interest Rate, Stated Percentage	11.00%

XML 32 R5.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED STATEMENTS OF MEMBERS' EQUITY (UNAUDITED) (USD $) In Thousands	Common Class [Member]	Common Class B [Member]	Total
Balance at Dec. 31, 2011	$ 0	$ 845,154	$ 845,154
Net loss	0	(4,159)	(4,159)
Balances at Jun. 30, 2012	$ 0	$ 840,995	$ 840,995

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 19

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

XML 33 R10.htm IDEA: XBRL DOCUMENT

Debt (Unaudited)

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

Note 5. Debt

Long-term debt and capital lease obligations consist of the following:

	As of			As of
	June 30, 2012			December 31, 2011

	(In thousands)
11% Senior Secured Notes due June 15, 2014	$	337,500		$	356,250
Unamortized discount		(10,812	)		(13,897	)
Capital lease obligations		1,776			1,919
Total long-term debt and capital lease obligations		328,464			344,272
Current portion of capital lease obligations		(297	)		(289	)
Total long-term debt and capital lease obligations, net	$	328,167		$	343,983

11% Senior Secured Notes

We are bound by certain covenants contained and defined in the Indenture that requires us to file quarterly and annual reports, and among other things, restricts our ability to:

	•		declare or pay dividends and distributions on our equity interests, purchase, redeem, or otherwise retire for value any equity interest, make payments on debt, or make investments;

	•		incur indebtedness or issue preferred stock;

	•		sell, create liens, or otherwise encumber our assets or equity interests; and

	•		enter into transactions with affiliates.

These covenants contained in the Indenture are subject to a number of important limitations and exceptions.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

ZIP 34 0001144204-12-044232-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001144204-12-044232-xbrl.zip M4$L#!!0````(`!(S"D'JA>;PPT$``.#7`@`1`!P`86-E<"TR,#$R,#8S,"YX M;6Q55`D``V3A)%!DX210=7@+``$$)0X```0Y`0``[%W[_O;W_XR^N_]GKHUW+VGUG4FA%:C#&Y`.Q/D]?N4T$?@1 M4`U(2N)7@A^PC[[&,D'>0?]`9TU]'H4^M!+EQZ9%IX\F9O%`23H\/#AX>'`W;!<:P#RQOSG@BJ#&J* M"CO$_3U3F#5TX/E#*"G(A^SV'70P*<[NVF16(5U8/8QNSHHN-/T@\[*B81B' M_.ZL*"5%!:%1\?#7CY>WU@B/S1YQ:6"Z5@8+68$]7YY03Y%$;56-J$12P<83 M'UN,)$OK&(>F;_F>@P\'IA7T\./$,5TS\/SI.?Q.&K*\T`W\:59M%%L'0^_^ M,+[)+=,3Q)XLSJJ%O@]D7E8OOEM0T<:DN`[<*"B.'ZU1<7EVIZ`"<>\Q#8JK M1/<**KDFL6AQ'7Z+51&S52BQBBO`C:+BP<1?4A[N%%0(:6]HFG-G&9CTCELV MOE'0BT=G!7]^O62D9D[)V'U$.6]O\`!QMA_%5%GM$X<3WYM@/R"8IKV/-Q!, M)U";DO'$F5T;^7CP9H^Y>"_Q[8-':N\=)O'IQ',#_!B@6VP%+,QDPH85WR1` M\;C@M_/?SK[)8N\46]"BH.W-2T,4(\%T_IO8[`K$-!_QOF:[EBC_Y.*?>V\% M\&7)T#2Y__HP7YDU>%@L`31!/'O^&SS:#T[!)>$2`\>,(XCS^NG[,]!VN@(8 M5!;3`I.[R96YR,.,CE8K[9A^NQI\DX3>.;YC:M-W2FU1*`PB'>@]00*(\]KS MNYOI($L<_=L-=ECPO`:33#_[IDM-SD#Z;IJ^<_Q(Z+'R'_>WH M+F8,'K+1.;E@@T@(XL0B080%V03N1^E%'!:.JG=L[RWSS*-L]UX?%DI*J3L% M:CW'T.LZAMZ68VQ`"KA]CYW//IF`Z$O'>J'D*.YF1Y)J)/GD^>(+)<:\:]\5 M&:*A5%1Z,/=A=#"^77KN,,#^^!3?!9\A!^*&O\4N\7S(:D(?VY^\`%/QF1"A MJ#NQR9=WJ@T*9-("H\=,JK2=%G36W))#&W4=VF@Y-Y;CW%@4=C8W%@6>&\O- M.\&"#E:Y`:?*A.VU'L?8,>!+2P!M_D_3.@BU'KLB&-2)7;'2]^<@5 M&QU&KW^$3F3T;OZR2_,7M2>JM7BBM3=_$>(4IR/)#I&$V;Q6&@056!HD-$^2 M*`5(T627TZ"<#EH;1<6=4D*..V+=@4AL>2!*Z6W]U=5OU[YGAU9P!3,3_YY8 M4=X"[?JAZ4\E@;7^0J-0Y778RA"*=!D+*]+H%@+>]T3:XP%DKAUSFV;N4K5^ M5_2-QVNQ]]&<1NSM5JZV,(,'>_8S27I3N8?\D2?I_PC=YY!X*'6=0&TE:^-?+<][X73BXG+Y05!7W\KNBA/JO4 MK-YZXK:4UJ5F3YJ:/7]2=*E91Y(N->O(T*5F.Y&:;9,>*PDRV[?SQY=KVVXR^.RMW&<,?5\3P,O+0OUQ$VLYI(JE;67JZDP\O@A3=4E1'DF[MJB-#M]CU M]"ZK-*S>IM?6Y+:5UJ]J2IV?,G19>:=23I4K/OG@S=$:KOG`!=;KX; MN?F.TJ/;O7S:W>XZ?RTF)YEX$ M6UED?54G0UL5A7=D+R<[9!6F:X'&^?T;=E0F^GTU8#4[YB[/QN9Z2T@)(J`_ MIK-$C=\5'_-/#>[6^GGF>,>"#AH^J],MAS_],S"[:>-N=?O[LWFW6/W,;-NM M/;\L>W9+R4_^3-,6K=T]T[1CSS3MJ.V[78&78_?NF:9=>:9IBT;O=G:^-V-V M&S4[;$SQV7SF:.V']/[:ZZ$O$(41S)A8CHU0KY=<_^$O%_\6_^?\Z_4'_(A/ M^ZJF_W:#_R!O?_UR\6]V^;<'G"\T1ZBF2J!W!O9JM3:#,$G3L5EEK3)MG#G>@C*)? MVY@A[\.= M8TR,,ACY.WG+]78<`=(2KINTA[0S[79Q7/'+.[30H,#`(^C M%C.U\Q"O>)!%G&DJ+R?B3%3D'*[1:K)^EK(R%IHIEL.X64,*^[=( MSJP9)F4V_)IT=.S:[+^S/T)R;SI0GAX')Z;O3X$$7TTG+-;DXC?]YL1C433% MNIZ\]U;ORZ((KO[ZL);HAK'.WN.Y$JMJ2&K_B;&FWJ"W$JNF,-WOB%ZE$KU* M?5G?%;VVS]<;#.,DL0(V3;V'OYDKTGC4:<+T4@[@*GE-X*IJYG5Q'5N6%\*M M&VQA4"],ZC_AH$%]*1(C7PK8*H%-`*NJ,$64I(:`I5:Z(7=K4'FBH99`+!3= M,-JJ&M7ZFX+EA[*B1:4FM2@J:M;4BW+61U%5.Z+8%Y4:*!I7@R'(_9PK;BR[ M,C5T1:TH.YX$\:5B?B8/POZ$12_PQF;8((J:KF7`K)+9!+;J'!'ZAJ*NA>V+ M:XX]<*P_LY("Z-J=L=&HRZ='DXJ0G*VHS,%65`<..5A^,'V+[DIAWQ"%-)S5@&2,/J%C< MQI@J$T;KJVM@.@WQ9Z^][$_.(%HN;'-(U:/L&I#.QA/'F^(D_6N)5:(B9V=` MI6(;PUA]>%<497V,)^:$!*9SB4V*K^X<,N3/'S0ZN=6-W.Q[E<1FL%6FGJ&M MB:T=PLF@K.P(L]IZ[5!*5I3<_+H$A><./\>G\3YYKM6@/A1)[F?#0[&PS>!4 M5HRDJKI>$\X23C6K*%'-)0>E4AN#6#E0*5JE0+#$J',&-DTQV=#E96QO"$QU M@NEB;LI1!TPC^M!4/;?HDI*PAN#*?5I-M8E7\[(7/WLP5#5L$\N MD;(F@#6XM`)`00B&^,>U/O(G(S:\FN97):@_\W*KV5W4=-RL^*&^U^6 MFNZ^#0X M:Y%.5T1U%]19ND$G:!O@?.][E#9&04-6I)1MTXU7EUB/3;K*S^-L)K(6,0Q9 M3SM:$YTLL[&NJ9J\7&1JSW_L!=';AAS'>V`;U\5K&/4R49C0Y,\6+,I9#T@] M8TM";GQL$$DM#JBBL265E$Y:=$FHAR0F3@/$T+6^ELW6D[8KRZMG?TT196TS M@?7&`$W+I<4;=K`TT5'TW&9(DGBDK>M$T M=TW9]?)*55K8L&BLWZ4S#D&3*\J>S478^^::\%M#63+9X@)JBJ[IPK*X9**U MCNQZ`[&&69%V;GY!+M_-;@UG48\719S^[[+I6V`J18EI+Z:6_-I M!5.]R`!A2=JVGLI.,O2UW`+5:DR5Y@,-113)T*7JDY`9Y3>$6(MFJJCJVX=8 MBW62(=68RK6CQ;(%6DV1UX"8,/86.PYQA\F;4EW[V!X3-WXIZOW*@[WU^,B/ MC:=]I9KDAK#6(F9?,43]Z;#68ZC>5^1=T6L9555#W52OIWCB0Z/\V`HK'QT- MYS\;6"U1Q>QD9H6T34#5&XT%M6]L`U6]B5@^4=^*JDJG#T;N[&A%5.\A3%YZ ME%ZYIX1./$I8@:O!BH/LM7C5RQVW72EN,URUJ-63MX:K%KEZL&EFP$(;]LM2AF'10U^2#K2QBY&8IZ:6!^IM2**DIWXU1A MB6<4HYB/W#=X$OK6B)V&YQ]VIY2F M@437&ENI$T4E=_(Q)Z*N]'JK'3)_(5-STNOM,@A]PVBO[Z6O_E'[E?O^R7.] M["C7&`-ZHJ3G7HNU5-KZD.J-49(BY][UT0*DNH.1)FY92V60)$G+O2&G&B0< M-)D@]P!%UHLR`NI)KD<3$"LW);D>&R3-:$QR/:,K8K\E;;?TD-*V\55Z1*F& M&M.KR%>#V1?=^-[:L6N?$AJ]EZ.!T5#-3:^JBFX);NEF5&Y1IP;P! MY5,<_7_A+KZ"K(FSB_F1OESJV^91EHXR?;UAF-DO9C:UER#JN5-CU02W`K5, MIVH[0'/OXV'[30LOGVEDTT8K8VYE.-OK56GF78T^FW>JYHMUZME&*>M$M3?M M-(RZ]&Q5?B*^'FKVFDV3CJY][Y[8V'XW_4+96TOGCF0%Y+XA+Q`%*??B@NK2 M6\-;W2=:$ M['L6QC;?>6)'^*X&+:I9RGI@#=GM02Y[XF+A>8MU("_Q@&CEJ^&8T=/R&S?5 MI;>&N2Q7,?)O/UH/\PV>Q%X0+3LW$($-40D[YY\];]*?10,FR%6QCY#*X)7:N"LO`BB,H`6@1>ODRKJ@O/]:P%/%F-OS:)O>Q%T36/ M=BI:\59++&(SZ:7I:/ZTY`KIL>OSQ6.;!"$4NXC>C&:_"X-/7O`;YM4V5TK& M4-6$M@2T[,,#"X_)U4?[R63EK@9QQE\UDK_]R0E>31`-I@Y^LS>`4D=(%"8! M"L@8@I2+'Q"D8::['UW81Q3(/7B%QJ8_).X18D6%5WL_#8-7K*4[]@?[;C/[ M<>CXY.SZWWT8%(T\/PQMA%QT2G,B1],'R./_6U%W_*3C'W$HOP!.J8HI%') M8$0H^CF$R3/VG2F"X=7S`U;M'!I#[*-/@![TS#ZQ32-8/^J2)+QB8F<_Q5?[ MZ7M6;)0EMQ_PLCM>Z*^X13/W3-=.WP_3=Y&/!]#CP$/K*98W3@**:'A'B4U, MGS#[A:Z#*>7ZB-T!"@R'F#TQX[%EH`="\0&W"/(>P&E8,]$^%XZJW;)'"#PZ M@;(X@?0!&.ZD@/&'9;AI\S7VT;%/_O1<$YV,3-\A,SV*VBO*#,WZ= M%[(W4S'K7P)KON*A"7W[A.]-VXS4RN0>_P&D("%-4-Y@"LR8P4IN[T?-A,.1 M0]RDE8/GZ817+CJ>^,1!DL0]1=N?TVT-%'\KK41F:#9(8WK^`@.FGW$>J[O^94'$HS0+PS?(6?: M!\]AGW:#KB4A87X%D)N#`7$(^W::-T"_C$B`1Z;C,%YA&*YOL.F@,\KVJ]!Y MZ-J4-S`K!BUPA4%'H;;/"N.H,)D=`D$#5F\NQXX0O@<07.^WIC6B*7Z?>*`O MT`'%`(-!@9:9V@BE(53F/I/Z0-YXKB@2*XJRZO-.@KZ1.9GXWB,,@^!+4_0? MXH&,[HCCP-!UP-3*/LX0L%I,'9G.'A;*;-\-%US",#15_!ORYM;)_D]K\CQL*Y'RF"!QR?#4<",D9I, M\:`T4P$H'>>XP3H8M7X0_Y]Q?),M,T7/`S`QT<"1\&M^;Q]9CL>&!Q/T@Y)C M80@\P^(<`N5*A'./X$+-1(?*'2-U,U^Q;(4`,T#.,DPX...D1?@0]NT.F8C9V^?R3 MG#QB\.I\+,"0MT43/@;D+*G!WTQ+*;<=(+D].^%A^6%$K%%:XLS%LLXB:\J! M@<:Q(8 MJ4M)9Y^;$SV2D8L!^18&LJU]P3_42"`%3%'T*V`+%1VE7'+>*N@:JQ(SD(S.(Q!:)> QC(E MI-I@/2V<8E"@M6F;>M@)(,HG( M19+X+*/NJZ>+&503AY?HPT#"!",=Z3"Q&E3:.71NH'.LQI)>0:,`?1*M;X'HT.<,#8=.UG!"<.V$M=]D[-OA/?,SR.QO=39.)&`1K M"%W(#&&RS:,=$^O;?%B817)SSI6)QSZ(SD(9II9/[B(?90D16Y2(VEF.DNN4 M=7Z%(AZ(:WL/C(21+E(]8^X[R:5'?NC$CNW/HB"-XS(+`@?H)$J%`2=+=:,P MRT8;6 MV<>9)T$RJ<7\2^;PBY_$@J;G)IL;'J*--R8!*Y;6`0UAU"Q4P@'ZA34"$RIH M;!9RTYUE,<^T,4R.0`O0UMC\'?-":55-(O\#L:`L&/BH@TTVS!W`3(`7]B;$ MC*Y M+!(H$YPD.A>1G(@G@>H3#G[1XP81`T%R`+0(X^3MR1)216#Z'8@-I:LC" M98:.S5WA%"O%D1:2.4Y$TIFO6OU/PE9DI$*AV:H2UM4HJ(?_0LJ:";!_OL-1 M/C+(>6050-.5&_P:[W>'H*2M=#J=5E\?#_O?MY7/D2\GEZK_R"R;.NPXACV^ MZV`4!Z(*[N&1TBO0H'BB!9_`-QS3K(R@S<+0>_WJU6*Q:`?<:#^XCV48UE;^ M=",P%V`)[<`5LTDEPT3=14!C6QYP(ZV6>];(2L"/A[_8MM$&FU4*AV,K7"[Z M@[]8!2IG);,?-S!:@^/+RK$!:^X2O8CCM+*`H:MO6:BZ`$ZGW;><7!A\85%< MH1V\GU6S/[X5705SF2.JYBQDD),N6N\!R2[JXVU9NP3%B1NSCN.0FI*=5 M)LP6IW!2LI/:[9V**B`HF`-4TC89:=9M3F(NF2<;1)2:).++3A7JF#ZISIQ< M#`EA*T;8H-.QL`BFMWNKD@G(!7RA)5_(F`HCU;F(5>`5SW>GG*HT6%$1D:4\ M4PA>F7),`:AD3*DR-37&?O(NNZ!"U;R-)1$G.)CW+8*\G'2#)T@_623C4`%H!5'&JB MC3J&GI\Q0LSJ_:_P*=P]QQD^V:WP]<\%+Z;85":TBSH%) MPZL\!0G=7=JA`5N!]1\N1BU8RY#+,I"[\_QR),HGI,\HN"Q93B(#^%_6PXR6 M`VB=&E<9VU_$BD?\BYHIGXBZ0/*6)]K'R+""**[J&>DI`=%'RQ!Y811DLH"V MDD>]$,]D/K'NKLB%>DAJ^B^+EA#1/\4+<**\G4)[5V-^! MZNES42X''4-%78F`WBV8 MD+@3#"B-2XC])"H`NRFR](GLK(L!!8HG:7QL7,'RNM'#+!'J-9@U$?_@%)WU M*7:,SJ8@'5O&5A5FFI8X-#\W5J!$'B+Y7;_3H9`FF1,G*3L!T8`BMI]_>G__ M]G95_Q+)O+=*P1%-DT/4Y8K.>8(!'NN]C$.CU4I>$K9B.D/\-P%<$!LZ4#?3TOJ`*$F/BRKA*N%'I/H6^K8><&3]* M%=C2D\:LH/B\/Q@G$.#D*<]=:NI\I'M+,Y8*D1=HEM+P?M=I8ZEJG0BYD*(( ML`56G$7I6-I6XNK[^TT&-66"YJ*\CA8_2RE)(XVB\2RF"<$*@YYU"+5*I$G9 M;93)`$FS7@4Z>DGHZ/[[LS"QBC;8Z(.=O.>%(`88`']8'AJ3N'_D_OX#]<]$ MH66#I9?+Y2$W9@[HZ8-@F.O8%DPWH]XRC!S]QW@-`]Y'RRQJ()/E6H^0;-R1 M?3LWXY??K_<1)6S#GX7%=10N;YO//M#KO/P>I!U]7(8"B,)_1R!?4AA`4!`R M=+X>-L(*.^:[+BX"R(LS)J[[%<6$,*UW4]/KM0KJ>R>)P4@4 M)6U%A3CT([&RD2)BFM:2B0@+6<9`/DAV$&-QP@[B5-?'(1.[4Q#/Z-U-\4P) M'[[%$X_U%.FZH\V\V^V(\Z1[&]$*KNQQ!3C4F""T\&Z)Q5)#UD)VT9-(1>61 MA%YKUJ!/X%L89\K6GX2D;-W@B#PLX5=<7TLX##R*5AE`WC+I>QDQ20`,R"J\ M+=^*8Y9\4;.?LH+CP9,R@^>K;\1AU&K&<%H/D#DRP)<6 ML'!20"+R'GQ&%@LF#T3CKBE/L<%O*1F?"C^#1?ADF1J>-&;<^-JRG!2 M/#P-L&`^-3L21I:,V/1^DGK*-]`_E*XA9.-.JN-DJC@P-$Y7+E;JY0.1TSI` M/>U_SQZI$9?R+CH7(!19J.M/N_[`&@_>;@@*$:^I>50A3K?`$FD>F2UZ\40" M!8[*X@OTE\E[$'SA4EJJM!S7X3T\9(+<NEF42@&!JDXN%0C$E,0=AX+&I2\U= MN,9281DEMZ^6.0\6'B9$!SU=X*I+C]KT))2*`/,IK+6D]PM)00Y%F^%#9%%+ MJDKB"_("#A)\]J,(/6)*,'$@&.IR$$VPIJK(^HYH5\/?@T`4;4&5+,@%+)\^ MFB)")T$#S0,#\8_8FDFARMQ%Z^#S?R)X%OL?IV(=0MH<,UD$Q&8#-P@(F-7H M*A5[/,^FWE'1IMDB46Z)JG,(EF6_BG^Y3J2Q%UYV'Y((,7$'7YJS3)S.4\3B MN.<(K:1GLR5X7]M=,AO\"WQTY%($1FV8\?$PM1X(1F MT73QX`(D&,XK6E7?>_CUD8#F0#WGQQ?ZQ0)]Y.&E&,:C3VP&80W,H5"SS`\* M28"4%(.R_*+95W0L)N0--:.Y40":''Q_:FQ?A7ZC"(TBG%01M$XA*!F_UM#R M(%JN102-7:FN^)=E0BX1TZH>L'"F7WQ(!Z\,\8;%E;#_Q,/GB'8CV9>,Z15( M]G/VHK6PA^J^SU$N[YCO8RGU.>)^:QC1/**%C>>(_G-F_7/&O1'[8[/^HMRQ MO">JL*[_^GK8]L&:\NTT>J98IY<<*,KP\^ MS&VVXL,*#&,Z-8P?E,I>6SZ'?EJ6Z;?Y\;:FX\DV0;JKU^ MIR'>?L2[&0#U!K5"N&WQ_FD0;3SN-?+6*.OIE;6O#K>N83?*NCZDTN*-A"JG(M$@>(QM''ZHZ4CR[N MZZDT5,UXUSQ7DB\ M31KV!*QVW&L?L%!=:%3%=*.)S4MKY[:4M.(LVS@Q4GOCPS2S8<+!3+@9JOJH M6I&E"M&JN*;G1WQ-U;5JM=5&`QHS]!29<#-0N\/&#)V'^+JJZ6L'Q\Y M%GX606]#GH8\#7D:\C3D:T":%C?D*ACSG M!NPRH+@P\AR]/K![W>^@CK-[.A?Q$YMOV^QV)6UF)UA3NZPF@X:0#2$OBY`U M-5]4KBKOTW'45_N=X1.B?2/$#2$OBY"--3AS5:=IPCJW0E[>PGM#S(:8ETG, MJ^M*T`;J4#]>2T@CT@TQ&V)>LWT8JH/N6>Q#)JQ\13=:K#X?\V*1U15.)>YB M2E_=])9/PGJN:RJ-1/9:'8F3G;ZLJ=]6$"YQ;\\D_KWP8I)]9\T&X^,-O#W! MC!]<$#N\M4LQ$66\O\5@GA4R&T23!5QQ)R"H\K(DO.?4"L+X.J_D*I?7M4.; MY4J*+%D"%3+GRF]RR2M]/DO+)W(U'LLD#,Z"HW%#(&WSN(,772]0XA!=D+\+ M1JJAV.8"Q_7J06'=Y^2L5G84OG:*0JVWFIQ<^)\&#VJ_#>79ZVMSO\"U8GK= M<$)404T@)P;%_3(B@]=>*K]Q MQW)]^,.(?+H7/(2DP(RXN/!2ZY/IWK8Y*3YK\U@'IJUCN+/(D21#NX83Y0T: MK]L=JOW.MA,BJL-8!?6KIU]_H.I;S]JKE7X':YSH6"MG:0_1L=^=U6VYIA48 M54_DW=^N'B"399E^HW74T=8`NR145>SUI9.DJX[&V];:]R;)<;U,":DOT:"Y M317N-A7:JBH4V(.FBLE49HZ'&X[,K=<[E2GZ#]''HRU;:=Z M'HD'9_9R.S,,'/?>)9VN4%]_,K:^JX_4WF!;<'Q,J"Z<-KV>J@]K"`W.EG:= MP"%&O@]/*1X&B*Z#ZTUU*,TSM,\W^M:0ZQ#S7*F4\!PI/SJ68SQ"!%R//\RU M+QS)3:J*4^D6S0W@U=J!LIKSW__:N[Q0:9[='E@;5%']#2TG1XV/C\J(BV!# MKZN.1]USL*%<+]!A_1F9V:T"@,1W]K&:0\XUY:;Z\!/%&0?8&FQ_=I3;Z"$* MPA5<6@\+Y)VQ2IU"[X,@XGZ@6/BG25_][OC\P0K`YB?5=2_R@XC!7*$KWB)/ M`>15V!S\0WHD53'`MS'+48)H$EBFQ?RE\A`Q'UYW82)T(/?P^$_,^8KAXR=` M^4_7_ZI\Y#;X&E5A@1+Z`#'GJ@)LS$S7)E(BIHB<4HH$.-G&98,Y(RP@DL7% M@Q21Y"H"@3OAS,=3,X`@`7A`^$?Q6<@1>AS8XSX\YD3S-@`J'[*P)6ON12', MY#J$Q(0%%K9[P-O=0:=ELJ6RQ('Q.3?`YZ9*N.#V([8!T,]`VG`F*`9O>FPI MVJ?XW&KA?,RVET60TPOQ4G;F!YB!,V-&\ZJ`%HB4@R>"P"!%SPLY:1.[TLUF M#"CVMPL$L908KF-:^!Q])QG/`;T)/&';<8=:(AP6)Z+I3"-BH^F"SD!<53BZBM_^S0T2 MXEA&^3>#>X250'.CH"#.U),6(K94&X>Y<9X00+$$`0#"*1?@4FPTL_0$;E;L9\VY(L M'NG:$<`V8622U-M>^XG-[+!96;UYDCVZ'@=DK$I>\G:R-@QI M:W-4.4:"^#_?@5ICA&W,BHPA\X!MWRRP$1RX^UUW MV&N/E3G((6:^[.$!QD0S`/QT#,L#+C.ZO5"*N.7C!*U?\[;42L$V!3G+C9N\ MO&Z&A8@6#CICCSPGC1;:3,PQ%(S>@]ATKP^K2BU`Q0MCPJQ/L8"_QY0!'!A8 M:>8$S*`Z0&I,R%VX,-ND06`+X.5;(VQ?K=A]!%L<=P1ME#@@@&,/[W0NPR;UN&D-VM\R[`DVL=_64\166<<4H^YR;% M`=]IX[86:XFJ>'8$F!F&+\11NETIXRE83>FH<[H\[FMJI]-)>6SII3<"`XID MPP?$.C6\@6;>Q'D%+#@,TIM-0ZD$.5C:RFU`PA)$=D*!U3,0_D#&'1!;OM/: MO<0L(#%];K@/#OH>P1)Z4$8:X%-D")'G%80+T9S&ZP[[B+0`D%R2J.(AB1:@ MJ+P%MA*?I$P?53WQOO1-O!@,$P9A#&(G!O%Z]?L6J&-AC$#1\.N]>@ MX=JE:_BP.R0Z7J=VOW>0;:YO$IX4^4&R98D\!H0",BHKF(E@7D8^.!SJ'Y!L M2OD'A%,@?R`6<\I_Q"C`7D_F$B3Y#)=%(/=U6Q0B07J5Y+S9;`1I[;A.:\// MP&S'#6'X?R(+11.SX61\47V-IQ!!G^,J6+?U.*FW/-$1U0D3CK@LBT,D69-( M9J819"MK*1M]0[D=_4TF=VIB84*J"8M)@%"A:WS%)`_QJR;Y)`!@MFRM1V%T'F%4B:,-Y\%#&E5(7M MQ+1Y$(B,LOLRS@0S&1+NG,+U`T8VGLQ6<*7"CA9CRB!U>&1V1#;1A111JCI* M.QE'$RL1HBP!8WSEH;#V06+N`P:\0%):8)JP\H'2!LG''WQ'EY6IG=Y1Q\`;"&R'^R:Y62#A9P?%@;#8]:Z2P9FV9!N8HFJR".:/#!\ M:X)C3-Q'K.UE$ZL,AG%P["^-81VS7ZE,OI\F M-;*DCD)[?WW75M"LHY,Q#"Q!@?B`*[2FEB@,Y,1GP95Y1#M3L0P#LN)SB'1A MS(#O%%:6?EC$I.!:L*+A`E[:(7%G/*RYIX`G8)&`7RV/1=D5;#RP,^,Z`V[' M?EY6=!)QL'PCFF.A"2T'O,N_@7>V.`9825E5"LCTW_^B&/:88M#9*08'\#Q. M+N)750RW/;;$>Z"53**@QJ&:@5"BB9Y6B@5C,0`:!"PI$L"G6E>(% M`8C\`@PG@Q"XCX*%=F=BV1!EPIC'VN2^:6][J1WMI]VV'KK>UITXO3KV:G2+ M]D%4VHHTTO7!GIM"#NPZ-+EAHU"#SH+Z0J+[B/5Q4P0'D/:"8$TBD91@>0?D M2R0QB44`?JV,@(@7J&I!(KJ`W!R^#"U?5$U$B(LK4[E15!"TKYC.D06AN3`^ MIY'H%\MYA,?HQYW=@\=MN;S$-TMV4VW4AAH;4FN5^YHI"&XP\JDL,(&LR\$4 MV)5Y'/HO\,#H7RE[;X2L$;+]*(@1HJH8/L<0R8;X+\C90X@((]I-3]XZJ4OE M[>H/:((;*6RD<"\*TE9K%"8WO1X=B"(MFT*T:;$D"S]K%]Y1ZGT!+XS*UR)Q M#'U2[2],<:1J3A5KCF$W+CS9UMP*XQX?"(M2S3'7F-.YFH9RN74^-2 MU"I#Q!4KF2BGH`!&B>8@*GNOZBHK<"?,^>I'7F@LR:=C\1I^,Y:JJ`5&(6;F MB,66TJIHI:*:NQF)Y9^XN\R:S[EIB8(KZA`,J$PCGS"4O1XP'M`&LO"V\I$Y M[(%3,CSAX`,@=A5)WT*('"6-XAS<4@' M`TPC`<>47*X.NMMPU`#<8^*U$4,6%8B(]`*1?8@"=6ZAAVFP)M ML#XE'E#X=(H6.?)DSKE:<$S6Y%2YDDQJD5HZ`Y!L"T(I>&JYJ;UOI1.E!#ZM M(7?)LAC,]@7^9BP/48Q$&,`BT+^)YT]$`AP['7B3]O93-K?LY>N\I-'GK,[@ M7ZC9^HLH`MIB@3"#!A%FU9&]4J1URF6`SVZ.:??Q\IZC(915P1V0'0L*=)PH M@1#4TR"4;1_97DCV/?UW3A3R@&Q6@R-(?X3#: M>F>XD^&7G\,R+1ISO$U+UO+1@HM@)["^Q.`P2O\XKHFQH;W&`F>+0RZ75_7S^QH2+7B0I2)I,N<>+M^O>GQDY<]E@>: M`V]+3G6<$R7K.6.OW(TSUT*30X_4+";DC57RD+NC$//*3S%LE.#*E$#K'/]P MWV=.R]H/Z7U>-N72S,L%U\YX@V+MV+_J=)I)T\&[4:RKPG3 M"Y3LQH,>P!HJUSQ'F;QCOK\$%C]'W&\-(YI'>/K$>JO,,T#_.;/^.>/>B/VQ M67\QKOA6G#E?6,%_?3TL^V!-^7,4U=MYU6L"GA#F*+BK!=;GA__SY?SSQ;R1 M^\GDDOW-!UR-4Q7VRVY+[RP5TR.UPJ\'&;>-2RV^NX=QR-R@_;5_[D MS-]6%SLNJ*XNIJ=&O)L!4&^P;75]#_(]=:*-QR4N MB6ODK5'6NI6UKPXUK5'62D33U&%WVZT-UWM5WX$WLGQRG=:=._=XR)7;!Y]3 M8VJ5^/>P"T#J5.^28W5'RD=JWMTR5'/#V)'FRJADI]=O>'#>NVQ&>O_@ILKJ M/J6A_`^ZOBT`:F2_L3_/@0]!^MD MX7!*$O;JTF\N%:MKEA0G1FIO7$4K&R8<@0DW0U4?;2VO',B&AOC;8C)=VU95 M;32@,4//@PDW`[4[;,S0>8BOJYI^%C-TELIQ_7'P$PAXCPG894#1D* MACP->1KRG+5,M]XQ6"HRP95K5E?7?\/VACP->1KR-.1IR'.!Y#EI76"S/\XL M!Q;VE!5ZZGL?CU'\Q.95MK9=2V/9H2MIE]Y6T!"R(>1E$;*F=HO*M>1]>HSZ M:K\S?$*T;X2X(>1E$;*Q!I=6SVG:KIYUVU5#S(:8ETG,J^M#T`;J4*]R0.TU M<*$1Z8:8ETG,Z[,/0W70/8M].-/UAZM;3/:XB:3X(A.\[NUL-Y9D8^!Q+*T? M7.`97@6$(?JB[/VIAP^>,0;E3Y4%^;M@I!J*5:X#7($>'/L"BG*L MKG+)S?&O]SBY\#\-'M1^+["O/^@^%JS]R6O-3N[6=GS M<,BA7O?AD!OO(\<[R,F%:GTRW26.92L"KKQ0'.4T*ZU3X3BK;G>H]COG.T+M MZNG7'ZCZZ8Z@.W/[5GD=^]V1'=6@7*85&%6/J;WHNN6-UE%'6P/LDE!5L=>7 M3I*N.AIO6Y+>FR07LXE@SX/Q[C85W`ZI2#_]HKS\96]_51VIOL"TX/B94%TZ;7D_5AS6$!I?3 MA56_0XQ\'YY2/`P070?7F^I0FF=HGV_TK2'7(>:Y4BGA.5)^="S'>(0(N-Y- M.U7:,*N[255Q*ETK^?R:-=#_:H,JBE^B6^/?_VJZ9BHSHM=5QZ-NO8RXT+89 MJP`@\9V]K:=FO2D&FV>8P;W7MXX#-LK@YF_,YLF)\5]\R^"%C3/O_OSYKZ[6 M>LN-EM[I#%\HD6.))W[_[>T+L"R&-6=V\..+UNC%&ZW;D?_[?Z]VS;:"*/DZ M\HT9V*7-P-P&?WV>_J5W6N_X!,$9[0!'SX-3.!5`DFHM0MJ]=X+0C_#!][@> MP(/P5Q;RWT*\B?(+]W&5@#UL`U'KM6ZC!P1Q_!=V`Z$5)J8L/7[[S0K^$I5P M60BG.KBF?:05S!1*'OR8QDE_\08B.FW%\?*POJD;0[TKF:!UMF%(J)T'L8\L MC'PK7+Z%%][RP/`MCP+?(ISNH@`LQ5_ZJ#)2;W#%8A/@&T!(1%^,$9$S"#W/E/R_0O!/I_@04%9\]CN#_P(%#"&7.4 M_DNI'MO`26`&4(+(#L&^)MKT\S?/\CDB>6R@@=C=5F<`XTB0MT)3`/,[S@-` M"N_J*B<(VO[@_O7%=\W("#^#GON/8&CH&1C7CYB_U#LX^IIJY,U8'\Q8/VW# M"G&Y2$QOIR!$>Z#;*8_N+3AZ!)'9V>>N!^/.BS<9]F["*$$9)O8P!>'8*?N6 M/W+;]5#L)7FV68]U`NRRR9V>!*OP64#<9=D,I/Z3ZQBRAK8Y+$K\W-&$ MI),*-LJ!>Q$8PL]@-.XA`@([\L$V2F"J:<2S:\3VD^N7L?SZU2)X"_F3Z_SB MNY'WP;L&J3VZB;E2#/?1R]$%B.U^V);4R_[5(GA:O;SGQLQQ;?=A*:/@X,X- MPG/&>RE\-@!'U9X]<3A-&*CU,N*W'8_X_VG1>^>[\RPC+RAB60?NS>FAKZHF MVGB0-PDUXW%B_W01T%?EPG#-+A>C05'^YX4C:EFK]'17%?"`0M4&-_KF_OZ# M8@6*"\"8RF2I,$=ATZEE6U@L[2YY[H-=Y^;W,K'@"!_CNR18VTSCAC>_VA M$,P$"6D8(9U;_?@K-R,#B+Z1T9W8W^_,WCSL!#])@ MU.U=]X@`^]G,;!NTY\*J9*2G73XF5:VD?AJ,#HB%]LDY.MV+1ZMLTG_YF%06 MN1/)W`&5S7VL7.?BL2IKY7H7CTE5D>N>"*4#ZM-[F;D3^:,#T"IKYBZ?055E MKK^?Y=X`T>=PQGT9TP:8R*2A_<,*9Y<45(RS%KX.E$Y"HE,ZP>[H.FET0JNM MYX*?JZ'1":W,L6A$^>?OW@.>YI_)/^NNA10ZB,*T6._+M+@(K%6)(C5!057C M?.!W8O!W0)B6T'<6#,D_6(_I+]T_]XTK8RH!7'SHIA:J"SA>;+2&B5:&Y2:"V M(CGLY1+$4R&9.L;P,H5M3[6^-F&KV7J=1=AN#2.:1^2];L71$6SC\DA%6]<: M=(=:69@WP'$*+$XAHZW!H#3[KH44>\EQJS_4+E6XK;7?C<:C''B9AM+W%P>2HS/9<< ML`^?83S.C!G-HBH3_F`Y#O@J?"7U&![FW!G+%;(#B;I:OW1\F"[`UXE$X"AG MX#Q+GE2Q?>-Y=]@;I_>);IHKM3!I\CFU4YK^MT56[;M3'@1T8@,\\2M9#)],&NXNEZ=% M5#XAIT``=2T7+*_A6'"043D2I)++C5([2-`K08+3$."=Y<"X>.X,_OXK M)LCBLSA]J\QNIEQ`58@+V1K0R%\BYC,G!+6))H%E6LRWT@=O5-K9M(=>OK&3 MTX*Z\6E!E:#:'`>^8Y:_TZB7XT]UHPZY;Z%6K4.7<45\SE-'4$&XXEO`>P_D M>KX[&SU)#+`#POPFV#C.^CQ-Y+KT+MCMF4.*LILF>5,/(#M2F+RZ;8$FM[/V M_[9:RCO7#1W@!MY=0EK6:B'8MN5\?3V5OWV`#\HW^BH$=O[X`F#DCLG-%_); MW\7C`6=AZ+U^]6JQ6+2_37R[[?H/KR!2[K["GU_A@R]PZ%=K8V2#J@$&%48B`5@C)W>F'A/9.U`51P^VAM M,RCQBV>,K=L&X4&$RGX0DN^,.3EGYX/DNI; MF'9-XT?)!#>-P7G8=*Z%(JB&Z9.4N!_4C7AC\$RL:+ M=V@GJ<\5L`QV9*[RR:)!$%`\JY>1V\NV\CZ>U!*39N@$22GS@`S?@"HA/*Y\!]JK@OK2J=5$6A8$KF$1.`LK MG-$8'J#EA!90S5_YX_ABU4UD`%"F6]X&4-!&PV>82J4'JP)`E>,)5[B(BT'DL$P6@=>E/SR8H^E,.%4=_`Q-2SPR;,CF,TP M_(B;))"1XS$+I4W64:3"@)@!I:G\D0(+Q;Q=G)SN)GDY9G$_9)8CWO@\_;"I MU>R"6=79R:H#^&+*O>_QJ_`FC"-OZ>9D&.CMXJ7,:?+#Q$WII:8"@"8P8I1"98 M#;C1?G`?7]V]_Q\(ZSLP[7@X[$+2D7\Y'B[@#ZBNXJ,)DWU#6VO)W!AB&/@5 MHYP?7Z37%/)HO'@C#T[8A(P`8&W\-S%@"1BOBG#VJ-*<4``2/TAH<>E`;W5Z MK6XG04_^$G^.WWN58=,;-!Y[U88/8.;Y:L/'`OI8M>%:X"TZ'>A$I>$CP0]J MO$]IN(YRR(G$ODPYI&*INS['L6>I>[-_N+2R]H5ZF^IDD;ZH%'$VNJ4#O6%! MJTS]?A!\G1_2JC@*4*LS;&&PEO\M8:NY>A3\9E=;32%^*>LT__"M$+1SFJ_) MX9G3VYIHCKGLE#V.O`2$B6G<%YMC6I9A=U@9&S77SM`"R&QG98E3C5IH^DYSOG.=VP?VP?O MPZ?[N6_=0UYE&C9D'L$@_AZ47M=G1IG]8^?7S]ZL,_MOWC\Z!GM8D; MS2$.K2LN,T'0LQ8HG%F=/_8W!!>06M]6;5F\J:-W1Z<6_SB:191Y8/FOY433 MB(56X^Q?Z[C1/+8:I^?-D_.W9];-E67;XCT^PK_&@$&+VX7916T6AL%YO;Y8 M+([NQ]0_(G1:/VXT3NH;P=I*\OR>H1WIQ+:-+WW2.7 MS.OB]_4\+=:%\2[PWH%6]D";.9@3_S3^1VA.^!S*Y@3M@"E2][)OP$_@A+K]?23 MS#MT%R"@[N8=_.,>[;O]8RU19]%\'K=FHQ#.-_H32N8R!V_>2YZ"PR+4@Y2/ M@WP8C!@WD@3"`.#7K`5$TUG(?U4XA0/(0HK<$'I=?,<_B^%7(^ZD:N83)D>] MYNG8))X\W1B-D\#R+T+O1M`0P1U MAG3-%JK(7H8OUD2^-8G(?CB#5'<:3A$VGYXTA&LFWIG$Q,I$91+$[2K9WYG] M(-7'BC2@2`_?4!)`&BYO?(!#GLB()"80C-QD>'?0V",?*27.Z4(%VOM)N6Y`4N1[^AG>PF% M$N,FV^%9^5T2K'D3'+>41M#+%4O9.E4A)PNR>7-<.X(CDG>A)%&J!$,RT(>< MXPY#46<>^&0)-TNX7%U)K5L)PC1<8-[\V0(!"H'?@X#!_MA'T]@G&J0I%"O! MF`J\WG*WI'3GFF`W3\:S)5^PS01/1Y#.1;:N9W2Z@ADAM8\@&559>,W+>S+B M7XLDM6Y5^-+P@GDIT19"O>YO"!V9G29[ME1UF&J@^EOAE+%%<07G8TB9V+T* MER,2BL;3-R=2)(L-Y1T#),&\*U<"\0K')LE/X#)O^-^*3@=[PY"XOV;$]W2X M4*J:T2^EL"2=M4ICCQ;&S-#5'(KJB=*:CZ]?;?\Y=-G0<,3_ONI`+)8P-X!W$J34V^S(E5`'X/EF($W29P]/E#?2^`J!Z1K"+ MIJ(?\"$R1'BZKF"0T;`O6_2&HRR2SD\8%Y M)\M#Z/,VIU\@YC!];J[CS1%&+!2@[S0*%#4;,)G!O+XP[\"Y#0,*7;3R+;=[ M57H9_RBKO9%H58$O*>HU2>_-(>D+'Q-Z?,'1QVW$`L*0,*@_45;&R_6J0)0" M^9JJ_PQ*][H5 MS*Y8R_`G$NXR5:K$5S9N\W8X-K:I1X>D9+482:!4;V04/V+#4"L;V)4KDX4T M@S-GRVU1PY,!+6"2&#Q$?K$B]`R$_)7I??!6UB MI<_?V+JK-&2D[`2B.0S/A7?$FO#U;]=O'^' ME735K*%><5KU7*0^0C."W?B`_1&\JK]J-O#B&$YWD^;9FQ$<)ZXJ$0_4.X\J.D"?=/I*KF1<7`QIWEYR91'J&#U:;]\_1^CL8HM:=B7I1*2,H: MD_8=8>`(-(#!@[EB>T9:L980K31+^\`-K`7:-G)S45'&!3B:Q*E:>3&<*MVE M6TB0<=C[X>'_;^$/_@=02P,$%`````@`$C,*02^AVRF_%P``[G\!`!4`'`!A M8V5P+3(P,3(P-C,P7V1E9BYX;6Q55`D``V3A)%!DX210=7@+``$$)0X```0Y M`0``[5U;<^.XL7X_5><_Z#BOT=CR[&QFIC(G)=ORK.O8EB/)N]DG%4Q"$A(* MT(*D;>VO/P`EZHH;*5``IU2IRGIL--C='V[=:'3__1_OTZCQ"FF,"/YVUOIP M<=:`."`APN-O9\^#V^;GLW_\[W__U]__I]G\UU7OOG%#@G0*<=)X8&U&"(:- M-Y1,&IT_F[\B^`9IX]=%7PW6U8=/'SXWV(^#24KC$,S_VFBGXS1.&A=?_MJX MO&A=-BX^?VU]_/K3E\;30Z/9Y-^)$/[/"XAA@_&%XV]GDR29?3T_?WM[^_#^ M0J,/A([/+R\N/I[G#<\6+;^^QVBK]=O'O&WK_%\/]_U@`J>@B7"<`!RLJ7@W M(KK6ER]?SK._LJ8Q^AIG]/S@T_GBCV=<78`&E$2P!T>-Y8_/O;M],H23\Q!-SY=MSD$4L2]Q M'KXF\QG\=A:CZ2R"^>\F%(ZD(N;?YYQ_XCS_A?=V?@`W[&>(^:!IAG`$TBBQ MR-M^WY8X)5.`<#6,+KH^B,^LB^843E\@M`6^13U M?@BWF"1MJU-FV6'&4\Z0KG,0P%F3+YL7/W^\R'K)%^,V#CLX0\CBH(/`9F>9Y(INSB0O>ONXTWGL=^Y83_TN_=W-^U!Y^:J?=]^ MO.[T?^ET!OWGQ_;SS1W[K2&W17JL@OG^@/W_0^=QT._>=I\ZO?;@COW5BA2Z MKJL6Y[K=_^7VOON;?6D$/5#Q6*3&<`SV]@ M`E`4#^![DH+(E&4A[8$,78$8Q=W1$X4Q6R"R%:$4<_I^#F2T!R.0P/`)T&0^ MH`#'(.`?B4MQ:]C9@2S?,47@,7J)8#N.89+W;LBCC/K0[02^),48V:2P]_%B M@`D(,U;8>0]AQ+&[9]_=XH@U@SB$8`;3*S6TBP]8F(6PJ$"H\'V=%@ M!.*7['R0QLTQ`+-SKHUS&"5Q_IM,/\V+UM(T^,ORU\,^FT.0,\/D@G?LQSC_ M2@1>8)1]>RAO/+Q8Z,<%QP/PLAX)*FZSAL/6+I)MNLTS.Y_EO2V/:H5LGQ$E M4P-UY9\D&F8;A(:0?CMC%&G,."$SSC,?R(OCW]>`X(2-O4Z4D;&9`S@W4T3[OCD;EWUBJ,@ M'/Y<&S0T8N3@?#HR./DI#9"J)=*H=&[H>9"*A M(('A'7YE/_/!&"^](@K$5&1.'3^F0&D$\&=NM8.`I(RW'@P@&T]LI7Z$B1X@ M%9E3)Y$I0!H!;#M';0*T<2&*H,%D,NS!J3>I/&PR66S[5\LCV$TFD"X$U(.U MW]BIT\D4%R';MEVNAQ[>#*;*E@0N'5+&$V*'8]N>U/(Z?Z)D!FDR?XK`XIJ> M'5AF?!]D"ZT"`A694Z>5*2(:`6S[8\L#](S!E+!5\T\8\I"-NSA.>21VYWT& M<:PZ3ZL)W?JV3%'2RV##M;L?5<-_,]P(%\+AQM(IT+FRO5LWED[56M9MNW$/ MW1^T&\.PY=*:+[8E<%YM^VC+*_@>@1<4(7Y$8^,@NP>Y_;%-,&RYM.,+J5YMBNR+Y8WWA;%(4QAN"&N$ MEIAFV')IU]L!3"Z9/QZ9FQ0.2%$;7TXT;+FTZRW`IA;-GW6Q,YU%9`YSAT2A M2:>E';9<>@$LH&@DH3\^FVLP0PF([B&(8?,!I%/N0%GSJD).2#"\=.G%T.M;@I-4%F^._Y+%V@@J+>WPTJ4OI"QJ1F+Y M8PL(Q2RZ-`XO73I$2L\OF2C^G/@W6#3#9'A9NGU"HU2M&(\]_BV<[R3W@EN?&I`$1`*]2EH.+]V^GRF@684$7AZ]A#/Y M@)NJX>6/XUF0"NCE"P5=3I_34P53CD]/%?Q]JM"#KQ"GT.2QPF[3VCQ7$##N MS]YQ#6*$R9)%I9-EHYW3!P@B=^/MZ@9!.@,XF.OUOMO4Z9,"<]4+ MV/9GS-\2$K+#P!5CC8(QU(,@)G#Z>,`<"BGS-KQ3$NM@0-X@[66)M3IL]Z'L M![Q,@94%ULE57H3?N]PG M)A%9?+L=1>2-Q^JJ#LO"]DX#^LW7%AGO_MS:4N5C^F"&Q@A.VU=1O;7\8($$G@3PS7BKT[')`IY"N+"1SKUF[#]HOX M)R3,^W.N?"28;/.X'#,&[B,MK=M8_2(X&8GBSPERO2'WX"REP80'J(^RU!28 M\9M.U8'?)N1N(_;-\-"=5M32>>.;6B=]6XAZQVU2]AL%@C(2M]'[AZ"FDL@? M%U;.E=[>WFGI-IC_,&#V!/''LRX5K,RVY3:*_Q",E")Y=-B`B=&1;ZN=VQ#] M0H>(7;8U?@SG0:V"THZGF%93CD\QK?[&M/+LK"">/%'RBMB4N9H_QSRW[LH: M:P<)>EU$I!N8.84[JTU<;"G1_#F-E=M/G)Z02RG<9+OQ*+:V'?X[72:QYKEX MV$H1H"QC\IK=`;$W/ZOXG-,87YN#I"+E^+,&V+],!Q[AB_0?$BMYYJC3#LPFU:\Z."7T`E_LSV8S@^G690/^H0,%2' M/^Z>:J[CG69N=P2X6`_^N(J8^)2GW;F!B_]N"+S,RF-P,C3OQ&VN^*..@4)* M\>?*:Y_M_>H>A8;"/KG;L/=BN)AB*Y;2FZ.=0&@>@+D>V+J5W:P#MY'TU2`K MD].?PYJ$YYU4V-SPV,NU7!QQDU[=1O-7.`Q,A??G)+H!KT MU=+Z$[T64AZ4;&$5G;M\Q6+B"T3VI^CO+D6K"SC;A]+6(6\F-#^K.L2OE?W!#8V<$5G;M]<6-C` M-;+Y;,4].%NQR6]M%)#M-G7[-,,J M5"+1_-DY-[G+JT!(Z@H8PJ?IQ?'#C:J0-9"ZCINGE4W3[:N/:C;+S7W0HI(N.N54T!:I!NW+T8*)6$J*)4_S_O%G+?9&*5T MSH;CKR#2I635T[M]5G(XD`)Q_'GOWT]GLT4(.H@XW[<1>;O#(T*GBZ@V@^(0 M9CW4YQE*`8'\>:"?OS)[`BADFX3RRF>KI>,:$05T+;O3V1/'&_LBEXB75&(_ MKGT6.!3LV#QB,")Q2DW>CA_:M>,"%@?#;D-^?XRW08HH3Q&=\MJG"% M5VGR2)+?83;`E0/"K`NWY3"LP"8;$>8*4*\0SM\5/G0>KCJ]?N>?SW>#WT]O M"T]O"W^DMX4K<:XC$,?=45;0IOV.C$;7+DTU+P4GC)(&Z0MLLM]"'&^\A5%` MN8)'`Z-`!G].+!N\W61+NFK+V6M/X0T< M@31**L9E^9&J@5E)XP]`9#HE../UZF'K\".I@+G=V.D[2?'0EZ`A8MU'%-I% M4%@V=OJDN20*:];],6/*%:FLBU]HEVM_]%[N';_;VJ!ET\)HG]-5;KV1Z0S@ M^4V6_CH>L`Y2]NF3;7:RS>IOF_%+X@32*0\#&+"/:SR MIS4`Q`05G6Z,C3*9FLU`6H-!+!A"*RSL\XPI'*.8WR"'?/ITWMF7\5BJ7UE[[VTI'??^ MA%-O9T_);_=[3,1,SO")G0/YO;$0I.*=.$U>4L32*"22/X%_VVP_@"2E*)G? M,(YO8!Q0--,F&C.@=YI]I#R(Y M#C8W8XFG$F2$8SCK#?&1"]SI-',-+Z%BAW7G-BI#['4'!2X&$TE]6;^KE\= MJ'?BK7;5.`TKV61W^?;GC?>*,^VZN-.R(F^?\=ZWIU*-YE=<^S?HBZO>DPVG M+`;'V"F878(3!*(>5\[B\XO$&II-0D/G-KNR8#2+EG\#&;R9!9DS/HY3QB;4 M9>S9:^LV(W+A.X==UOTQHXY]W]>ZK,;'[O;*+Y/*<6"LI.!]?+HZ.ET=_7!7 M1[+!?C7?_(O&J##OI$;73(6$\N8PL,F;]E2\W]CUI5,QI>N!\^\:ZF"`/+%< MJD+J");-+V@\&;,/J^V8[59.+Y;$(UI@M^SQ7)T2&>:O,!I0-&-K[WT4J)4I M;NTT9M98J5+>JPR7I<&$X.^4I+/[F5JU@J9.`V6-]2IFO,(HV4="6VI=KELX M]6(;JW"+7W]B7Y\H"=,@Z=(^I*\HT,4CB9K7R#4M8=\?U\2205[-<\EBK#UY M2&E<>ZUEVE9B(Q3#FR.A97P\.2!:`^H()$;^$)30.>7%^QOFCU"U-:M3ULY MR`6[ADR""I]:C1)(BRA92N#67UU4TTHQ*CP^+E,\3-!LE592Y7[6TK@MF&?\ M,$@G0H4:OV:F+UNC^$U>_OZK\SY#%/)'$3*5*XGE2[:DO?\EV+3LVWB&)H_' MXG6?>!T$'-[`5QB1K.S3$F?-FFU&[;96FC$"YL+82!QOM*28K25N"Y.57$0V MZXJY3]\NKU_*Q@)/LJNM`&O8@]N*8H5NSZSW M*O73<`,JM]6YC'<6O1!KR\N^XGN$(_T*<0KU)R9A8[>ELHS5+.5]I=T*#-OE MHL:.#.MO]F"8!E"4Q5]'XG^%*A,)5OIV'WV>[37KAPWQYM618GU7D=6HX)1& MBA5.[J_$).$2V2.5Y9S.J@%OAE+\AI*)(9XVNJ]/?2I;TJ[&1P6&_?-L3$&X MO83(%DQ16__K3"E97ZFV`AM]$T;!T4.Z]:O)'!>0,CX$Z*58Z=X#NQZ.(*]< MLYR5*HMCIZ7+-X2:745B<^R*ZK0VSQT;#7B,7B+8CF.8Y,'KIZCU4]3Z#Q"U M?H>7>H;WZ)47CMT>[%?S!_!O0A?U!=2Q1P5[JE'\>G')O`F(T;"^9MPH'4&) MWER'P9?`KM0@D,A^&@A3W[(]N1T1_F6)&G"K@[.H3Q*UV]1I*'_)"2FY>MB7 MS!N`;JULSP5ZJ5'&J&)2^1-(K."[X%)];O1%)_+%?K\$,)2"ZAR"&W9<(C3,OC;+6FIC"^^+I>O[]<2CQ2G^#9:6_ M-@Z+@V36@??EV`N+XT]!;PF/U]I$$VK"VM1AUXIA(\F*I=F&P`N*$'_#;Y0* M1-B^-I?D,NXUR5J.Z&0Y5<`X^5I$OI;]$VXMG"VGZND^>5I.U=/GI^KIU7M6 M_*N>+LV_PIT)?<@.`C#,?`JZW+ERBEI41]?+X,VD.';-MWJZ6#0B^>-KV6;[ M`20I1^^=*3KN*TQ4 MVX,AG&:]F62^V6_KO3]$Q;F-Q+5ZO5(4F&04E!&XC>`OH^)]_FUDEM4J^E<0 M"5,#B9KY7Z]8QK4_R6!7Q1'`G/L*"B9:-J#VOUQ$06%LI(VU@]UWIH%[$L== MW(.SE+*=)H:+RN3KTX`"/!-R_PM/%)7&2O996WD@UZLMG*)TJ@!KKVU]@L>% MK%M)4VO1U-LL)J^S\+8+S]?*$-]EW4KV6OF#YN\IH``S@G[Z$J,0`8HVZS<8 MY,0NU$E-BEL4ELFCW+7;"^HM0%1V8M-0^%\HPT"`*I/&\F63L;CA(&.F.T4X M0#,0M:>2&"U34O]K7Q21I-H,L_EQ8LA MY'^EZ4/\!$5]6P;ZEI/5I7J&7HJ5[BLH#[/S>8-CL)RB)E4TU`*L[OTJ,$/: M04#3[`UDYMWA=;264TZF;#F%_^4P#`18*5ML3?#_':;PC10""P^,W+VA)JA) MW0,E_RMM5WOOLS.INO@ZNW?JCJX)3IC4G5?5-6GQCFH`2PGMK,(/CHP5I`D3 M?<%%=W0OSB94JINZXR323(Y2!16N%`>#\B#I>JD?1EJ]Y!`=\U+VL#5/WT_- M85*O>!58&+]1E+`/CKJC6X0!,RKQ."^GHGAD:$Q:`SB,-)`C(+&F!6\YSOF7 M7D`,V3_^'U!+`P04````"``2,PI!?K#!M;HN``#NJ`(`%0`<`&%C97`M,C`Q M,C`V,S!?;&%B+GAM;%54"0`#9.$D4&3A)%!U>`L``00E#@``!#D!``#E?6MO MY#B2[?<%]C_PUF(QW4"Z'MV[@^G&3"]L5[G6>UUEP^6>V4'CHB%+S+2FE5*. M'J[*^?5+4F_Q+2F#K+OH#^VR(Z@(Z9P@&22#?_R/+_L$/>.\B+/T3R_>O'S] M`N$TS*(XW?WIQ<\/5V=_>/$?/_WS/_WQ_YR=_??%_0UZFX75'JX?$+O_G'VYQA_QCGZ<]T6(DV]_/>7?T#DQX>G*B^BX+A!Y]6N*DKT^H<- M^N[UF^_0ZS_\^.;['__M!W3W`9V=T>"K+PX^O7GW^ M_/GEE\<\>9GENU??O7[]_:M6\$4M^>.7(AY)?_Z^E7WSZK\_W'P*G_`^.(O3 MH@S2L->BS8CTWOSPPP^OV%^):!'_6##]FRP,2O:FM'8AJ03]UUDK=D9_=?;F MN[/OW[S\4D0OZ#O(LP3?XRUBC_^Q/![PGUX4\?Z04+/9[YYRO!7;D.3Y*ZK_ M*L6[H,01;?\/9^01=?O_TOSZ!:)"/]]?=ZVP%JKB556<[8+@4#>2!(\X:9MZ M\>HG=`+K?J#>O_G]T+H;^EC>Q.FK_&'45JU$;(2P\`[G<1:]2^>9.M$&M?E3 M&>3E`JL'^D!V/V1ED,RR>*`)9.M'/._==GI0[Y1$:3SOG?::*]I:\G9:O\C^ M#=)^A/Y\0YX_L@Q_*7$:T?!7_Y9J*F)Y'0-I'\"ZIBP<-9;0SB#+QWX&(3Z< MT;[M]>^_?\T\H;_YM>TVSU-"^S(NC]?I-LOWK#,Y?RS*/`C+MB%F.FO^5W/= M5S^U3H]LS'&157F(K1RNW_O8F.#1PAC:N1)-.H3`Z=G/GU[\U`T;@C1"M2(: M:*)?6MW_]\?Z^>NY0P8WCUD'=D^\.L_'6`KRL+6-_*AQJY%X%69D)',HST8? M;)MG>UOPM*9DMJ_DE3$OAJ.,;5`\,F_:L0;ERRNI/WT)6^=T=X)/T M//B:_%B88+07=H'3H:D*!%`QQ.3<`W:YR4Z0RX%"BMXI(FP17.#PY2Y[?A7A MN`8O^6&*6?*K7^O(?H]W,0WH:?DQV(NBJE04`*\*,Z>?ONF!>SE$!:'1NKK! M$%C5@:%%J@8)I\7I)6%&'B379`3_Y?_BHQ*H4UE0I/*&2KY$XB8)"*B[L"Z MGLVP>)6`@@>L&!&G0NQEE>?D@5=Q$0;)7W&0OTNCMR2Z2T`K%0?"K<+<*0P: M453+(BI,YCX1HN(NX'LBTZ%0K`/*$,@:E)PV^E[%"8Z=B1YO( M>R#-2G@P$@%"_,0L:6J5_MT%@I?8!X5(T:<=8D_P74^%LG/RG(@^ZRH)9.%V M+`.$LZEATP_9_1U1`1=(6V8A%-:$'W@(-M'7/75,ZQ;2%5,KL2QPE)L:*@TG MM:#3"=7:-D-'0R$H1&%1A(A3([:>N]5/OB*_$RT0J.6!D2LR6(J$9F+=`(*) MNT3PVK9#(UD*%A&:94B!033-1ICCN9=V@N:AL3H\L"21)TA>QVXW*.8`(L?P M%!T.UF]OMU=Q&J1A3!B5%;%FFXZ5NHLU7K4[\B74VRWJ%%&KZ7"SCC/'G*P7 M&X!0NH*L1R`%`7\F@H!,X4SD)F%,P`/H&UKJ$L#B[SV%JO!CPX'R M,BB>SM.(_N_=WZOX.4@(:XKS\C+(\V.<[OX<))5JAYF9/B"$31WB%L6(`MO` MR'X8J&[0>8E:;<3478%^L6\A_0'WJJL[4@XVJ4-^HF#ZB3:([7I?W<$#=WH` M[FNA,_2(=W&:4B^S+:IM.9&+_:$.4`9/4=:+HX'\!C4:KF*XI1<#H;.\4W5) M#!,43?E@`"'`<7@89A5Y_CT.,:'F8X(_XE)/`Z4:Y!A=;3XW#F[$42^_043# M.1'F^I$/_$CQ^N8;#6'6_@B2X0KH=,6`%MSD1<$E[R^QPD[L4D&:S$VZ.E, M6W#*=IE31IAKE%&C[6$0L'9O$@_(&#)OG#R0-E;9V3TT4(@#!@8A*9.H<2$4"WEG.L6%H?-#N5`F,2#Z>)7,Q>2 MEW(`3RDH12]T0MR@6W;%,=W7]X18.C/9T+(U$HD3XT##YA4LA4_AZSHSIR2Z MR[,#)J.!._(BV2GUOU?Q@`O@H26T'*7?C^!=^_83GR9:Y"1UR2L M30.Q04R#B\L_I\$^(Y.9?^#H+7XLKXNBHN_TW9<#3@O5BJI&$3`V:UV80FR@ M@*@&:E50H^,J.%M[PJR/6^O#K*##/$%LAJ2$&:*FI#""TX*23M=I25Y<3*;P MA'Ĝ`X6IYJ-)-"H/YQ9=6E$7+X6S:27VF^:9GS'07TVF?#8^:_9:LFM,* MMG^J]G3QFLB@L-V-0-C'DGGD]T&2H'C@7C-[Q%_"I&+][B[+HL]QDFPXU\G_ MVI8?Z\X9%4\8ER@*RB8[2!\0$G^J.D78L+ZNP$6;B_>'(,[9MK_P*A,JJU/=@FNZ*# M'_#^D>C]KG'.)45LT3@ED244X9>P[X(C710S7[&>*#A8H.9,EBYK-I+NT^;6 MEA]J2;=;3N:_:(\VF8@!+ELF%J(;E)5YA:-!U#`BID0'EIM2PP6HH;)H(.P# M0ZWMQW5BP]7H3C"OJWP0V:[^4NA!$A9I>E M;>JR\F':N;*Q9C`A\^DV==F0V_K;E/)OXP'!]2R9,EQ+$3B*O]L?DNR(VWUC M5GVS7A>0\":.3P( M`,8E6;'UX&N660I7F[(*'1`RPZ_5*S-/LG1W]H#S_1#X/WJ"?#F8%"20(@F0#^2E MTG=*=X_UYJB((%:`9(#,9#E@J.@&O>NVXK01]$-05OEI@KXI":R<*:DS$7.F MV114#39E1G'!LFV..C![3_2?Q8-YM)HA'+M5]'`^8S9BN%[7_;Q9"3#%U+G7 M\VSV;.00-PO;D%\517="L9FX>36'/J5C'DPZ]1'!E$Z.Q\"V8U_G8U[U6#=U M3G13H^LY73+JWIOZ65)R.#M'9N>4<,3NW8#=:J#NDJQF%'5$3#4=/2"A'*4> MI7[F&.F(0`:T@1_V9OM]7-5GF\6-5LLU&#QG= MF>-'MM/*L\EN?*=)3OL-^!YMN6]>9&V%`OUC.4#`3PW4(,$5>EV;:5$60F>J M\\H.A@8Z[0&%O)GR7$2:!6?-1\VQ4:^`L#))J//E0B,E;&C[I--42C$Y4FYD M;3W!.#6#]893N)"CW][>X4 MMYR.H_/;4B[Z>3,E,0A=D<^`;C^G.$+_F94X<;;88V`S,]!IQ73)Y^?JI8N_ M/1Q.K[(L(J/I"_+X/-AA/5HE"H"8E9H\10$59).?5M1U9+6W_+$1=8EE-42F MB%;B8T&6]B'[C/-[7`9Q\BXM<4Y^2-F8N*G>)T>NE3I4/M?<'7Y^3S11K8I& MNH-RHHZ`OH9K&Y0SW0W"G'.L>*6#%/%*+IW0!Z/,\0(WGN("X:2>2N?X0$S$ M]65"S71JAU/"=WHL_?&(LAQ%.(^?R;]H.$$!>J(=\N\*E+'Q0_,V"L)]C&AU M[79_8[G)WZ;LU$4973Q26ZU%0O6=>Q@?Z["!),EZ%HI>(Z M75W@_#D.25R)4R:19OD^2%!(?"F8Z&-%9G>X(#'C$6]I&(EP5(5L^>I`FLVH MZ40A2)+L,UO5=A=+1#0=!0P!1T%O>FG?UGGWLA3C?[$\[-TN0H,%-U-T,.@% M'5[D8F3U#3U^(D:PLQM:S6]++YH-Z:VP!XM4 MUO:?#^QWNFRE`PR_DUZ)%NAEK-8,[3I6)PB^D#4P4;*2]>Y45?:LEK*T=KI? MRYI^;?%BUN13.UC-8B0Q6?@D09/15*[A:SQJ9K%[0V#,X4S4S%DW4M0R<\7-L2 M($>SOL7#YH1K7++H:Z'LR_J6+.`9K6XQ92_7MF1NU78W2QWI[G3EAU=9!Y)^ M',DJ$+W)$L5UJ0*V`-0L]VS^OUGO$?9^UK0#/(J+$]+F[CU;E4N(+>?1/DYC M.J,IXV>#^V(-&X`\HFOJ$G=6^[0:^!2-EIV=XK6#( MG>>UP2#@/2`T$4QBV'4J,&5F`I"J;0@;P)1&L]?6-Q+;Q#Y5X*[FS^'JJS` MV2'/V!+<"0J!F5X1,MNYFC<#>:=7:.@!QMVAH447'#_>DQ[P)BN*V_1M7!RR M(J96W&ZU]YRJ]0`YHG.`6XXG\N@;JO$MNDW95(Q.R=J+XQ&[.1YU]\:[8H>M M6]]0A6]10O<:$(9$3(ET,?1*8(=7K2YTH]UKL+8+XE+W*SMQ8_PM(..5$>&G M$'/$B+@'5D;<*5+FP.?EW$2Z?ABK*I=IE+8.N\"Y]"5Q! M@B`-=O5T\0K3JKK#BZN<'1$^J9];C/VX5^SK]=(NE+KV$W9U?I4PQ2_JKQ&C M`)>CVCR:P2(I+PNY*"4PE$L-=DE!UZNE)M;6U07";JN"VWO4UK08=%5-!F!N M84V"7@=Z8=BM8 M[(1V/):EQ..`#$>]CUF:C]+B`M31SA-D0.=#J>-FK?>K`Q;HY/ M]2K@U!FGN^2,,38EB"G`7.0=[_&!?/4G>O'!EEZ(3C.QU:4J2:J->W7TFTLJU+OM%O'=5<;YN;P3N&%FP2>GCGR/)Z6 M-I"5N9YQP:IBUZ'IFJ[,D]\HZ"]5`:W-)36;'URUHDU_LD&MM+OB7!;6UW^B MFT:(I-N*7&JH\"6YE#B!Q'C]8/U>CJDD***G1DJAX'@+AH6E>&U+[?J=Y9;" M\DL(4YY6(HQZ,->:,\?R8FYE.Z?R;B(ES>6QO8(MMAU>2G4*R[V8^UG/^>#I MBDNC?.18#I*6$P-%YSU'V4?)#2+K(QOG!IPTL)YNJ'`6,US99Q87#*R[$5@' MRGT1@3B^"]@#>9U04_;V=GL9%$]72?;9Y-2O4@WT2B&E^?RE0FVEXMLMH@J( M:7B0Z9SM2&;H".RM0GI0\?<*:1$%VO-1(^[R[#F.<'1Q_+G`T77:K5>^WJ%\+[%OS@'.KN#X@WW`1 M;N2KV\6'V5@6]%3S@`Q'W//H;U6=."H>LGM,7U&&@2H=SG?*J*_QT^D[BPPK^4=&^6PI,RZ*BA9,8]ZQWT1-$_7FN]Y/(T^7 M63PO';*RGPYBE^4;XN*1'0]!KUK*<5#@M[C^_R`"7@:'N`P2L]N73!N!O9#) MW#7!'CNFA+YIU;\EHY'!8*1IPH.1R"(_+Y_(O^IRL(,!`SLKQ'B8]'>#.1T\ MV.-4<.63'4A=DO`\K.,!&;K@^)EFKJWH)U!W2CRA.X:4:W51K^P/TXPT."6V#>)>O?5I@F+[OSP,2J2UH)3GG:PJH9I[Q6NF=(9-)&O;K05S^( M:3F$IB%_F&OE[/WP6'R;OC]Z.-C6(U3/2"T\?=P"L,K2OY]+_NLL]?N_OF_D MY^,1QCO3[6\.?/-SW\+R_0J^1)?ZW,M*&XQ4C;F/-FI7+:-.UYA?^P)6<7VZ MP4CDJX\;C`RP;$A8/9`!;W(+CLU.@O/P[U6J'>U&3=U<<9-?>V.ZPJ-B]QD*G49/;I6?6BK3[*:-R?S MS.P.N54^7VGZ^3:(G;9QE:V$_XJ@%^I91QGNECW;$`-Z&6:(<<0JGM$RKK?; M63'4HA78BS,MG!-MV+D^S=Z(?/4Q>V.`94/"ZH$,G[V9;KLVR-5P M*@XR,P*SI1-Y_D2$ZX2+@?5O\1:SZ\VVG>G"[?[0688537>11I#!798TD&`= M\J:(0V<*K7*GX"S2%]PL:UA+F6=7H^L/_K\NS![.H8:/=L\ MC>C_Z)+)'\SB+IIME%7'%JAG`R&+IGC"51A?.V`^#%C:H;@,)-H:[ MBBX+?:4\C)H_4QJ&K>_L!]RWZ";&K.!=G,[P#C+2S"'C--;,8")@ZN]TYL!8M1(/F M%3@!&1]8-&77-$1Q23\5&=S3H=#]IP-24'<08VP-CQB@\D5J1R[VQ<4^FZN85`ZI+R/8:B):E4/^O?EKF5CUWZG]\W1 M70UZ+"HN;=`"T0&]+I.@*!K3SK_$JK4XN8X+&@D,Y[I8*M+1AH")B+DGB;'A MF=IP)PR0P46*>@E6`$>>V7Z?I36;\>2/ZO2JEIR%B33X!;X0(ZL[[=-F65U'N%!<*06]M$ MIG*;$Y@0I6DOAGYYP%]*=$%<^30+ZS-CZT$W;TFAPFW2DN$$#M<701&3 MP7U3'S1.=PI8\[*`J!89.H4%DZ&8[J6\P+2Y[9FQ[9"(EH)D"F@90B`/>W1E M-8\/>9`6M)8H(9;!0$^K"GJL0^N&K(0JTT%#)0\&75#^P&[^-X,:O^/?"&?N M.=,O.M(XQ,+0#/J(6O&`26+G+$`X7)_WH(]Q[:!=\K..<@%W=\J,=(?`;@'O)S6%GV"/J2'V MX-A$:P)8=6L2!4#.2$WFRZ4\EGYU1W:F^]&EJ!$RQ;@2'JY@;=(QR#2<`5L5 M*3ED>Q#S3V.].Z1KP[D:,;!+\G%]]SP]!YBQU!].0^MS`E;M`"_DVS@H6N-O M].NSO<,6_.H@/'`5>JN#-71%NR!L<0O'SAN\"Y(/04GOIY^:9](OF>D#LM'4 MH2DTF1YJ%`7@]*$/<^$;)-^LP#CEF0T2(7N_P2:&._)3>#2AE5(-M&]3FL_' M]X'X!M4*Z)?F_QXP",H?V%Y*#S&^4]+B"_(VC#C+ZXH0]SBDVP7C;1S6VWZB MOU4%ZSS?XB+,XP/]I8(WUDV!WHMA[2:_$C/6,X.DFTL5YGU3_F:%61\4\*1% M^(2CBE[Y,,V?D4ZH354_T'J<)G%_3FN0IS-F.LIFF4&?05J#GAJ=!\%2'KU*Z'M+/S M)#/VQ`V+Y+"2TT6**;L<(^YP_3;;![%JHB%1<(CMSF0S=-?BWN!;;3V' M<(GU+C$^AHP.Y2.\`(YK<$KF4Q^S$A?:XY&\+.0(1F`HU]DS&<2$O#@:*7V[ M7)\N>;4F0`B()>SSOO[]]Z_9QZ6_^?4\3;.*6!G1^P?/=SEF9Z+(]+G_+H-O MK%4!^-0&9G-E6EKI^F+03AXQA6'&`_+SF[[_%@4&+W^E5Q]E8;5OS\RM_0G8 MC9Y!]PD.5.'E..NT!,^=(<3IIZ#`:BB+I<%0+#.6>WL]8AO)*71ANF%/K3;# MJZG9G;$,FG1*2(M#=HA]Z:*K,,#V.$S(@=W^![UQZ3HMRIQ]IK8JY7U08G8, M-[K#Y(N3[[=3%6>W:`1X>Y.Q:\(]0[WV!G7U86D#F_H4=X3Z-EQN@W+G)?1V M*3NHBG906>'4%0\_T*/"<7E\2ZPR6R1`9S0& MNWG1WE7!MKZZ$58R@C:#NG;8Q:ML9:MIRG%B=66'L]D.`V]DG`EHP6[&>6CV MCKT?@[T^S6O?EG_<'3FZB+H;1-MRGCM>UV\#!FO\]I#)/+AG$IE#]H*4SEV> M;7%1D!X]H(:1=_A14):0MEJ(2/J2M<2F*@QQ`VU$1459K(ADFN MS'7L,'4L'SJVQ6[*:-O#;I1\L<$<7/_6WP"@'GB.Y0#[I:F!4ZST-UJX'0HN MM1,R[@L_^C2FB[ZX`UQJ1U5321?8E(X,!E_=\3AG#5N=8%0]\A!__27CBJPD MW5H<)/=XV[9=[Y;2#"ET>F"C";T#W$"B54$#G7[_GL/%<*M/,NYNS;X'<):U M*"IB"J;#8E5OR\M"9T\GAHK3B8T0F^(X38@NMA8\QRD"@C"?R:'`Q4J=K(;5 MQ7'X%\T0TJ(1#ZJV"5U3%S-S.P`]N2,^U%V3`\ZT[)H4;6[8I!W>"H0=L4,Z M<)R`Q_%`=T6372%>/>25(F+!J/<_X]W3CK2J'N-.I*!&M)QQTZ_9"CA.=YG; M64LX&U"+O_9H^"S\U`L`1D+P,TX>\OAPP/E-$JJ!)I&&`IS4V.D'K051(XF( MJ&,(SK;\YM(U*-4(&8%3"8\EVT3S\"E+W^=9=;@YJ!$J$@7;("HTD]MGR:00 M$]N@FX-C9,XR^JX!I!Q[C0<$.T.)Z0G\X#!XB7 M`T@">REZ%HP+KO!C7@7Y\;O7Y&^:$8)0%FJL(#&46WELQ-!WKQ$5=#R"F&NU MXPF4"A6C`88"$DLF3]L2YS;(E"N`3:04)G,S$RJ+/$/J"@XX!JT6->-9E@8R M"^!;MU,\Q8?V;([R^)E>!PK$&L.G,.C%^P-7[DZ2?04>&!'1TH7^CW3'\+YW M*&X=BE/TE"51G.X*=Q-5$TZ,^&E`B`44I74FJX1N*^X.LK[[VG/#4>R>,J&KK!?MCO?,XHFLWS\8XVBO=V#%DQTNQVD@/YXM MJO&^[/`9>1-EC&EV[RU^QDEVH!^BH;=FVFBH#7C\S,P90;*V463IVH%JU]>X MG%9^C7Z9'JN;Z=AHVGD8NQD-W*1=K3N2V[%K>LC.G%JK#6_-QK6.!K3Z0:$' M`U@'1LX8L-J/5*,JI[_PH>LTZ#!G=Y,KG9"I\$,VV-U*6'Q9Y3GY1H3,'XF+ M]3\4*[:F+4">IC%VBCNU4F'TD*'A5N48GJSK^%%J_0`]@6,'-.YV>VM@-W"$EX-$$,^E"%DP1[C]G-9K M8?W$0UU/T40+:@ZA-7Z*@DYA,#UV63#Q*_'":!9B[<;@KRAO6$F&8%GGW:%K MR-V$Q(P?HPF*$3D64/8^HV'@&:<5UJ?QQ,)0!)69RIUTS%AD9H*N,W*^V6Q$ M/E.CQ\FUG+J0UVH.4VE*0(^HI4+S`D8U8\4K/&CU'D=5B",9KU0J4.Q2F\W? M'<*D:9YJV&\T"DZHYK4#1KRS\V#"OEH.%8U?6^RPGS.@P(B)>OQ#EC\MV`[V MIH!C,3Q[KIAS*=5`BYHJS>=3SD5S]*!5V(PF-4=W14I/ZP=LT5$]I/CZHEH\ M.2^&PPJ?-CUH0>>3PZHC?XG+)T/NK-*\^P(ZMJ]#7:%CH+QI*NRV;=>YAV'K MZ#-I7@;X_C8GY9LYG:-S8X-H?:S,*_8<]"%(22_!UFX;4WRI9;+T31G6]9E# MCP7#VI\/NSR(QGVT;#PKE(4:R$H,G8*I$9L,`)V,7/VRV&BH:FCR>(Q:U4J1 MV\&I"LBC4:D"Q4L2+@-6"I([TM2+1@TL":,U7]VMB=*-;C(SUHZH3;?M8VW` M,(>V:BKV>='N_`V;1-:?ZL`^59R2`77&1AZC/SC,[9B]KG&6QX@X<&/IZS2B MY5GC$M_$SSBZ)E:DN_@QP>=%@^ MA3/6!.K;0'4CZ.*(6#.(M>.XNL6J'B<2CQ]-/(8<]LX$\W2$.P_)WG"VM\[H M4IPYK?G#78FS]OS=C+#LQ8R.[NGS]7>Y MU;%@.'+U%0V^ M3NJI=X.N&:`5W"'B[6!+89OE0,NV)3^X:3C*4*/6P\&51RY[PE:;`=4\+"\Y M\)D$1YS?9,<@*8_D'ZGF,B").-B13JFY7"*,2:)&%%%9UY<&+K+=<3DK#4[& M9Q65(%E4-CBE%W+B$G>E/715A&4*<$6%Y2;S-7Q3U`@/ZLJX+CJ\U'['P-5B M9E*B6`T8+\9'5U59Y?A\G^5E_`_V]9KM(^>/].+-4'60<%&S?HR<3-RW'5-\ MQ.4 OL+S6^BHLP2%AM&3+T((^.V45"S;-\'&?->4&--#W3&_>O)V#M_>CI MP,J8!Q:C+%,2^!`(?B[PMDINXJUH.=E*W0MBC]RQ(O`&U;J(*OM'2*5C3$)H MN!\LXT%FSB8.83ZPIGB?9\7,/%^MZ@5;.C=LNSJFYQ])I/ZPWZ/+(,^/K.`B MJTOA)U?&T++H=8:X\H(CYR&9&U1L2\6P+YS'&EEC?O!([JHMLP8MC<:2'I+- MW&E3ISQAH`:X%IQ4H]8+EI)9RSQ&4D4_V%>[,&.ZYB&IQ+Z0WWXEO=<`3A8\ MZ;'DS4Z==U_"I*(EQM]G6?0Y3A*#Q,CL)OW9LZ-R>\;&NV^Z]E#;X+<>)#Y6 M?`D?L_0L\#7QL13CEGMU=`#WE]PKDMIG,J]'XJ^%N?YWIG.ANI2;#CC)=?IV M/#10!^6>D3L\WT0C4<\X!NT9+-_,8M"5BLT<(0O-_98 MHEYI@P9JJ-5S5L9PAD-#^R.)_:#E#$W1Q94V-(068$69X!"707*#@P+?/B;Q MCJ4+56%=I@%91T9J-%>5H99$3!0-9)V5CK$V/6&F9W+30:O%J.'"%8I18@4. MY3=9NGO`^9[R[SR-[$%OV``@!XQ=FN***IY13<3Z"5J6R#N6S';N(6.4H2Z6 MU,6H=3'TD4UVL)R2RPJ3BVH&TG%<,Q9EPSG=5<(*#;B*@0JC)9."\7";CL/= M[F)=QP?'.UGUZ)E4V]-`Q]4<(`@0M".7CMMM+@>G>\:H.1:0?N MK+2T6:A.8;G[&N#U-V`/&D6D5=0UBVZWJ&T8M2WSE7K`XO-*D!@%\>5X@.QF M3X&*OMY[U00R^(:U%S:)[\<@R; M)?7STASOXH(:QCK==U_")^*0O(:>3!ZLCI[<8#YYU(NR81%JA1?6Q]*]M!F= MH;9?:Y]!\<`Y5K![0>\GO[3JP$_AHZ[X5W]G&X5\-?0J95[AYJ'U3<.?WEVB MJ8C#@GV:%S0NVJ>FS:+"?1'>L]!A4JU/(`M7HD]H*%^7KQ5S7XK/(X/-;D@P MLWA<)3'H$VQY0Z^)-NP.-P-G!-O`ZAEUH^9P%]L)K`?>J68* M)L%&-4,D05X-TO=9>!]7>P43>%G02SMX0Y5#"";D"N?K6`M[`X8$"/QU%F(4 M+"O_\[X*\B`E"I^JQR*.XB"/<6%U#:E=(X!E@JQ<$Y7>Z1I`PQ9\NK7TZ_?2 MM&;2(C1FF&E/QQU[V+8O`8=RF'602=UE^R9J>K=>RK(,YETRR=AK,5 M[*'1VAPY%:XG#FRS:Y(55>[),O;Z?KA;R^:`I%[(GJ)H8;X`[W'4T^MV>Y?' M:1@?@J1>35#E$'2JD'D%O1NB@175&O8==$FY592<+P-+07P]'AEG*\!<`DUL M&#*(2W:8T6<1O0_D4SX%!9YD&F]38Y8;MP!'=@NG>#BURESV&-VFOG#_*W;0 M,!2X\Q`P,MB2;Q(@+)FWI`CT(`A-5B>XIYUO2YS7)R@_98GTKO,E38(5DU[D MMF(5F'10W#*5`)J(-=J>U*?-.HDW_PM>@UE];N_?`URU[^4!85P1?'$T6+HH M.M[><)O2*95R>52H`+I0*C%9F!^>;)>A\*+B#M>/'W!,;#+K6JX,XO MNBJP?HH=0`;L4Z@YWPVDAH-X:XH'A)SKRH&Y,DP^I^PPH%_;G-;\*.[W#>D( MJZ7'>K0U6%)3:#@BJWI]A8.$\Q4C?\V?06$4OX.:@%?;NE7:Y\1Y1& M`8R="I,E]\#49^ENMW5EBU/MDC+CYESKLQ-;;\2]$[UZ..;IX#XFG@;K@-68 MZ$6)M]M/91;^IKU!5"`,68-)9"I7PXA==TD@S<2DL.`*+LDP M`5@D'9^DXU)M7J&J)@.=TSML4&3>'=?\Q#$GH)^J9^#Z(,0 M>Y)=SWA*/W2']OL=B;2K9&76XM:[D#P;155."S#3*65=N,+=!E_3]\+7,-&# M[20IR]OTDM4%N-U>9FE)_'SWC!7E=^P;FDF4V18O88XJ]49SX?6#Z=2C>32J MG[V(2B?U5,87QRS)FWFEF%7_)XY*TNKW=7L5ID(9Q MNF,IA/-4=?^,L>I,AEE8M814[#&$-%M*G.Y)3\#@\RX?EV8&N.-:KO4SX.4M(^T$> M)T>F2`_9N:.=Q`;4QL``%+:`0`5`!P`86-E<"TR,#$R,#8S,%]P&UL550)``-D MX2109.$D4'5X"P`!!"4.```$.0$``.U=;7/B.+;^?JON?\C-?MUT`CW3T^G: MWBV2D)[4)B$;2,_.)Y=C"Z(=(S.RG83]]5H[> MCG1T_O:/]W%P](IHA$/R];CUX>SX"!$O]#$9?3U^&ER??#[^Q]__]W_^]G\G M)_^^>+P]N@J]9(Q(?'3'R@PQ\H_>,WA`]^CZKZXA5]>'G#Y^/ MV(^#EX1&OCO]ZU$G&251?'1V_M>C]EFK?73V^4OKXY>?SH\>[HY.3OCW!)C\ M\>Q&Z(CI1:*OQR]Q//ER>OKV]O;A_9D&'T(Z.FV?G7T\S0H>STI^>8]PKO3; MQZQLZ_3?=[=][P6-W1-,HM@EWE**5R.2:YV?GY^F?V5%(_PE2N5O0\^-TY;2 MZG4D+<%_.\F*G?"/3EKMDX^M#^^1?\S;@(8!>D3#H_3KO\33"?IZ'.'Q).!J MIY^]4#3\>NQZ:'+"V_'LT\G_.^GRBI.MU/OLG=_U;WO=Z_8#_W>[T&4XGKAD^D3< MQ,9DM%;A%(S=XH*&' M$%]]6+>,7+Y\TW\(`^QA%!6W_$4-)=O3P&4_FNHE$2[!DJS46!'8=AZ8C7I7 M*'9Q$`W0>YRX@>DH+Y0MWW8**:>O9T<#:"%M#2LKV?3GM1>T_4RZ!..W4V15 MHKPOMR-,(&BEBFBO$U`ZJYRP@9E9`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`K+',.%J6=5D7VNU8,Y-3/VO]EW-TA4 M`ZN1/+"C<),Y,<.F6!I!_"-BS8&]&/DWY)7]S'M!-'?6*?A6B0%[)$UIUD"0 MNX7K1&_'\\*$X7I$'F*6S&:E>Q3KZ56)`7L^3>G50)`[G>M-[\HE-8P,.K)A M#<#NU>*DR]#(7>!UXK\7OR`Z:QP]U9N%@3VXIJP*%9<[R>M$H"EW>?2PGF'C MSKBFL]SS;LE8O'HI;K]\/=!P@F@\?0CJ&4O+R!9P6K./(;BKDVLJ/ M)^HS"=YB]QD'F"^HF?VEUQA>PH#!BOB<$$\-W'^F53BMZE\N*X*I6=Z%!W?* M]UKFN\V\@-."]1A9$:?>>&X":X27D,&C"5-TV5!&7(MEG!:L!ZDVAJ:T`RA`&GD`()[=..,W#4,28S)"Q%/3JI!RVK7W MJ6G0->-%%@*&VI6XWED'#\V>($VOG8).^5%.+2 M"LHV`[!(2]T3XWNVT1O"U$6+BP0&\[U$XA!8:=AUY.TG78,<8BD/L915X^\1 MO2*2()-HRO6B-8JG%*C>"/8NW0B3<(Y.Z6]=*0<<(2GB0N9,S6O=",IZGI=, M7.)-]:RM%P6.>30G3J!X,WS>UV'HLU7N!8-%W1'24R@6`(YN-"=2JC[T123) MEGL0OB'ZF+[&WB4QHNP',G^L-KW!+B?,1APX3E%/GR48Z*M$$C*_T3"*-(RM ME@$.-#2D94WCTB[QP,:KC<.9UIT@"-]X,(]J&R`L#QQO:#XFRK0O[<).)?8# M!OL`Z)A"<\I6-2[M:@WHR5Z4GE_-(^9,-F\R$>B809M=G`I#,]:7LQU/AD^[ MHU6`31K=Y+BT('6)8@,!-`,WH@FM;'HZN-^R[@;([ MRH6@8PL+,*L&4].=GZP_F@M#!Q!:,&D'"GK[5])!!`I8G:-OB#"K#1C(CC_& M)$U^$>-7@[<5S"J`CBLLT)_-@34CHN0*,64]/&.&H9V]-3%/Y"VE7R$%'598 M@',-FF;L5;^Q$>TVC*(>N<+19/ZH;6^H?=9!*0<=/UB`;"V>[?>\XAR2^W9- M"%.C9@UUS9IR-6/J;SA^6151>C2VJADZVK"`R92`&/J-GI(V;!/$IT$R,MAT M;Y2%#CXLLFT382CMVC.@3VP!;'8QAX^')E0N2T/'%=IXPB3J-R'XY#XD81[= MW%(-G)Q:6>A00AN.C<`T8^^V7,`\HDE"O1<>/3=,WX8C#&N:A<-H/2<7APXH M-&-3M[Y3XVN$!W7Y3O:LF6ZX[X)]HKS**A:!#B[L_,6DGH M:,/M:-V`LOVD787-F;11BDS7T(&&VS"L!%7:=`VY0$.QT1([5PXZAM!JX;6N M^,[NZ%0B>N6RT__U^K;W6R7RA?%\*-=!^&9RI4$E=@ACL<\/)FI$V9'"(9;E M$,M2.?YX[A5FPP\T?,5LC+R8/D4\[\["6=+Q8OPZBU0T\"585U:C>)A"X)IB M(P56+\#[R$)LF2QNRHNI8=L:L'>#_?\D\\Q:_.E4+R0>3A,Q+8$.PO(&AEU\ M'7!D3YD&MJ/F:8;/H_RK"#$;GLU(,,&:88S=S<7JX`3R@&9B[@EMG<$ M5\%.6--1_M+I%9K]N])8\X=0S1ZB,:P$.N!LOR9DUR[-N+J[B7DSV:J5*6V* M0P>\6=)J:AMBH%NOB2LZRO#XA66GTDU+9A5`!]'MR#!D4+=?YE;8-M8R9?'- MXD8R)7N#,:D5.I)OEU9DBA\Z1&Q7IE4H6Y5--=#!@CLR'C7@9EQA-'>AEG+F M!!V,6/*1A`7J1MQQ%B.>W?DKZ:!241ET#&,))Y4:=,WPX;%Y=K[9['A_)I@B M:79TA7F85P(=YEB0:K'=V,%NQ#Z)(?00\M/@+1ZNWQL6LA?S6J!#)HEB0AD(Q8@CVBR@,A/1A6$KQ>%#LPLE6@1N&:X6U>19>DM M)2D/#MKDKNS#`W8R[!.8M6,IB`3KF+A-6HSSK'CG&X/.\>^X?O MIE[9/HN?)R"*0W_=;ZPP!YMJH*-%K1XXM<35C$-_,>H.ZQN43EDW^.X&NN06 M>GGHD-+MS4``J+1GO":IB3$=:=QH&ZA/$*HQH-+>LY[90)<`K1/ZR602I*WC M!EDDX@T9AG0\H\D@'M2L!OB4E^968`&I&<]Q9>\C/+C89\LCY;EZKB1XPDP+ MIF3GYAN`&A'2D+4&SY/.?ESZ1XDO6.GRF_A!&"74Y+VG;:N&3K^YO=&4T0+- M.,J8;Z33QS9\'#.,$5LR\VLF_D42WX?Q[RCM6DIS,JO"^0CKE2R%=)D]F3?! M[D:G2KR+<=>]N^@^]KO_>KH9_%Z%MS$*IG4WD#^\EF'_6H:R-67+N68_FW$9 MN%$T;YG..S9Z/6-=IFZ/:`CT;P2IE^%X')(476>6VETU<6X4KLI;&")Z)#.? M"$-95`;0'%[8<#@O#/SJQ78<+C&4MKP%(G$%_54X=K'JI8#-PL`O2Q0A482A MM)L1,"1N^[)417S7]B]+->4J[FPTF2_T%-SER@&_L""F0TS=NMYE37S@!PO% MWGNJG(=8=0LQI_>/W-V`/<"%NUN)MT-%ASC[\*8,7A!;?$U<,GTB;N+CF`GO M.P$$';ED_L3+94BB,,!^]E30PPK:Q?4[-UA09G)AM93Z`3PM]RYWX_6&\W@J M]=6LS<+`'I>R6ETV?(KPUMNQ>>%&..+1"\M:#WVR8GURSM$\H!J3D0+C1MEF M]T@1W'IW2$FNK0BL5\H4,NAP.E&`OB13:7GN-6"<73`-_B@`3%`+PPUKO3W;"JR`CS9RK2)T_`.MNW,/3?<,#SKJ[K9'77P:H>@&XH5\JD^QE( M`W<[V_:7]$$SH/7N>SSF!:R_\2^WZEAB`8`>E%?$I-=()(![BK1!)5U"CJ+> MW>`6C=Q@'E;.UK%P4Q`_%L.S=POYE>(P758CMC*WO6YG4P]`!TH;_,Z-^5OT MZPJ:=">#.9F:DC,UZ:HJL6;[ M1S3(FW'^\T!Q2&=Q;X_(XQ<"\!![LU9PE)LJP*^@+9CZRG0 M&J7%G=I>O>##>6H@9Y\^GJ7FP3])EXLW490P\"A]/T$_:IC)-9!VPP:3GCZ" MN6O2FR9[GZ1_%%]-WWM!?L+?N%I7CVF<*9]28#(7%ZBM&;Z<8L#KO:3F@PE, MYZRO8V=I)XO6L^M7FV(U<_%HH-2[2\POOERAV,5!NGM.F.J'_64E]I?UC#/: M\2Z@F7%(_$FE&-%Q.L2P+].$((F*UR3Z2*)Z(UG4QCR(!8`#D&0,F?&Y@-`( M1ON(X)#>AS&*M%%(&V6!@Y#DS$A&5H'^]0XBVS9TI2+Q1_:A*_`Y9R4.L`XA M84(\Y/-GJCLCBE+%'RCV1.L;G4A58HMR#2_P8JDA0/4Q&44+_>:I(M7L"$M7 M+WI(0HQ,^XIVGR="T0A'_+$=GP_4W7>F-1E)V9&5KUZ0D)@?A?[->&\ZGX0U M>T;ID35/VD;^`Z(>)TA(L7TEU0LS4B3,M@#5C#Q,>/G MC2%!_!&Z?')G?KF'YRGCCS=&Z!LB[/-`,^;:5U83CUXA8-`NB[T:R+T[UH_E MUG4!^Q.+T;Z5">6P`\\/$I_7`PV'*(I239CBCZE#:/;@P3523`+FPL#>RD)4 M"9QEIECK/8,L7PE63PZY6K[T^Y6 MJTD'`*O1#CIG_VI9IU41=U.>&(5G?UW[1O@G]GVBU_I8E7?EC7FW`+;#32WD M\TFPISO->D.IGF6;V!S)<"/H(1MZY@P[BA=<6N:3+S>D7!@.+) M!-';P%-S("X-?!QBS(54>[#\&+*[L]1["?QE12EJ%**JY7KM&SS1QZ;1]QOZF&1Q%9:%= M_YX[4R3JLBN2+SC2_H:3H4T(L1"6'\NGH2I`FBLU"][OL$4\2# M0&2,*86<5D520VHIT\*H:"=;ZLVO'3$S^QVYTJE,6-AI5>2>I@5':^I#'TC+ MEAJ^CV=ZY#67KC0DY9U6Y4*O)0RI$.PP;&S+&X\31&.,^#KJ"KVB()QPK',3 MT\Q79M).JW(AVA("S?%D=/Y<+3K->MJZ=5;$M6$Y`G*],QH^U=JO<96@0;CB MF&/V=YE0WG;,#.]#XLU^45WB,*O!:54N*'N3Z@*8,C/XI=9F,$#>"PF#<#3- M-K2ZBUD2":==N;AK.4M6]^7-\DZ[>C>O5#U7C"`C M]+Q:LV;OC+M,>1&]HI(@O1K56%A MIUT7IXI4_04Y%7.GS$=SME);ZON(_,1;7FI]`FW2. M7@:,1:O'RHJY327FM&O@B3$%LJ`9:K^_TZN2:>S@?#2*^%2_>@'M-QR_&)I# M&=4[[1JXA\H&O#"OBOD?GB8CZOKYP4\VVHO*.NVZN(IDVB^8@7))R-9**Q8D M6/%)5TUJ,:==%]^1`9`%=?5V(US--9V/)ZJ=YEK)RC,IA9@QMWD$`I::9QYW M<\C-#U%5.A^\#B%BMQ>L@]3.`>_0+WS.?8ZB;GO8AS2>/[^^_QLS,#9M$VUT(%B M8K:M9UDCG(W8B\D;X2E"PR2XQ4.5/\]$'#HV;6N>;,D[2L[[55BQF+9+*H$/Q]F\_BH9H_,+F'A5CAZZ[UZ0^)B,%L=Z^J5NT2HK&*9N@[$9$Y1M"Y1H M,-#ADEN17XX]K<9;UMR,-@97.]/1BT,'9^[$7,Q@U_S!7_Z^,=`EH_2K;6X3 MB04.UX8,.XFT^7ZH^T$+5'T/$9?B4'.L*RQ?D[L^,MWK?5R?@7DBT01Y>(B1 MKSV,E:A3D<`N^T.=GQJR65E)_:AB;EFJ*I=@GV*R"JCQ;;,"X,:!F M^)8E^"ZU;_VH!:MR1Z9X%U\"V?[-M/,9T03Q]`H^4$_'[C,.,'\#Q>@M)V'Y M"MYRD7=D&8`=/IJV9X<;4#:M@]_MX'>#6:K$\XEYP+Y,XW83%:^)UTVB>B-9 MU#K>Q`+`7C<90V9\5B6H3?ID$G=6]!&;,I&?^BQTK_/+)8#=:O*6SS.E1_%C M.T.\Z0[#40 MT!XYR70J-E`>6Y7,VYKXUQ3]F2#B37M#9J\X]+'WX$YY>>GKV5M66SV/W`;I M)<$$2QHG>YR,4#3"$0>2KC*Z[]Z+2Q0/E$G*5\_%)F90H7]%LQ$\(A^-4TU, M7B;;+%M!+YF8&IGR%4TKL*(NQ9[)8[LR`>C(K"(,;2*`3CN@I>F[&PA??A,5 M@XZ&*D#)0N]F//R_2)/E3OD^RS+W@X$T=,"2S4K3$$XS<@-\BFH-Q&'#D&RX=X4#W0>@7+(7YUBT!@G8P73&V4K&`\DI56H M/'A2@1)=`E&4N,1#NG0M&V6A8W6L/0#KRE"2F+V?IM;?O<(\9DFM90 MP71G,DYM(%4UQ\.J1:YY239PI$G79U&8_7#9AAO/\!6OLH*)T<3D;XFQNGDE M&)2\([-'^+2C]#Z)!"J8,4WAAY(A`$\B8>O"-6!++E;!_&F6[MPEC@5S4"XE M,^8,-BYRB0JF43/B:PW"@JJ*)9+L>!Y-TD<,4A!F2F'UU]U5U=<.^HEJ06J!],J8W_7:[90O1V,5DID5O>"M^Q[%0-?5G2M0V M&4^;V_M=K@B+TZ2KI8XL:5LF(TF2?6Q7)&TQ\NGKJ3U1ZG%O\]!I:ZI^HSAF M7SCL#:\Q<=EVGHRR++&*R'QCT5H08M0&&0>;.V1Y*-\I_ZYG-T+LE_\'4$L# M!!0````(`!(S"D$;E-?V1PH``%A9```1`!P`86-E<"TR,#$R,#8S,"YXW^ MH_YU2RVUW7SX\G=<Z&/F;*N0.>.<&>\TC4TNG\7O]"\",6SI=(EP.JSMZ>O7?@G%2Y"J9SSJQ^?WFRAG=.?6Z'D>Z2^PC1R&QP&J` M?"P#Y.*;VE*IX+K1>'Q\/(/[@%+WS.5^0VLY?W>IK:98V]7EPF_C.0JINJE] M"Q$U1M8<@,GDM18MHKO*KAN`4-V*V1"J4]05"&V_/D9P9B9A@W%T_;]8OFXF(RT.F MQ&K;,Q*[9PO^T(B)-K%0")BS>7(QU2+H86*7`8*%'3^Y2SN_IE@$"'O`4ME% M(II%B"'B2KN,(6F1YK:()*Y=``@6=@B`6@586D-C*!:SI`I$SB!`L8SBX4!@ M=\_$0<(U.7%7'3P%%#"DN5EVX7SN$,Q;Z=B6>$@UM<0.8ZL"%!7'7OC!Q0$A,VY?JS7P;4V<0H"CKZX'_=R,XC!DF3(%O,Z3!&U MZH$NX1O=-8>`.PHYUJ-Z>$X8,19!UG'JF]0+E\/;^[O.8.JT!FT'_O>FOSB] M07\/!AT960Z(TE-@;LH_F&N(C09T95J>26"IFL4EL%);C=Q%U0YH_ M0&/+O<_T]^UPT.X,)ITV7$R&_5Z[->VT/[7ZK<%M9_*YTYE.[@>M^W8/GD;N M/T3`'HT+",$$'(?C<*PU.FF53JS3B90Z_UJK_?=?`9I,X:^>PI-A=SCJC,V\ M+16I?9+VD%V6"]E&N3/L.AOU?P4O+P2WK=/Y[#_O'H>'+$;:'\.US0AB/\$\G&N-DXSA=XEON!XBM M[AD*/6(.V3I&-H+=_^_TF8%(EW(9"@PW(.K$LN#71/JT_/H)22*'\U$*3<;! MA1QV3_\GZVFCP^%S)ZWE9'T^QE27!",DU&HJ$)-PT(]N/[)Z MM'F>]:@6.EDG]O$"T9'@+L;ZI61VNN:3[Y\L3/LVV)"M#M]IQRT[(NQ MAM/RL=[6MOR:?F#WY4Z=%VV-I^Z^K0QA>6YUYD5.B?=_MN[U']WX,,9SQW04 M7.O/KC!A.3K!?B@1,5 M\9?FXHX'4,(#+!14(HW$^%KC!?"`PP_%LQVC2J&A:'8H&A#!M')`8%X?"B2S M%%X63B/I/("K33\"$``)%\IAUGZHO$:?J)6JSUVCID!$W]43N;I^5&]>U"^; M9T_2BPP[8/PUH@/'3^0.&]_>/%5RY$1`#_FVQ&"%+4PY8YKQK((-3)5,GM0W MJLJB+N@D*K+%(A9?'V&#K3FKC!%IN>3F&#-LO5ZE[$@+KN^.L&2G(ZR,%6LA ME1D^D=$7QPR=;4E*)\'FNV,L*)D*4Z.K8TCY##C"ELZR\R*1$9? M'+8:B_L-2[DA*W5$8.Q=DH<9P=G@.784MY8^?\\TNJPQB?O`C2W%K9:MF53" M3$M=N^F3X:_EV*/CI>FXOH9GA"UZ"ONZ]*DY*.:ZJ2D1ZL.GX8+C'N'>U,AY MH8A[01FA5+]93GAE",)$A9KZD^!AD`Q"0#V@'?8GV$A.]]"",44SL,T M!@W4_.[ MP066RZUU6)+_^T%_L579@M(T!)7>!$%260ALB"/8&](1 M+>0J1EEL4B'F'`?M<8+>."PXUT:'PEU":;H#,8>A^HEU)/@<2_T[+41A`H[Q M@FBCM((NQC)*K2FD)?DCX-$/-JX][L,4_[-VQL]DL=1'Z1TH64*%;)X*](#I M5)``1NA3=\?V/(8*86C!2HAY^\$.`"NU0M8/N&CN&)U^6"%;NW@F0L@L%^>Z M7-VQVDZND/VM.>R">T`4\%0(27P279*@IW=V+-4("U=_C%C@W0-K#ENYHJ+$ MMG\\GEO.9$@5F+#>X:`()P*W(6^F`.WA2R/RX$D%\.C-"IS^"T;"BF.+_AJ. M8IYG/A$ANHTAO81R65X!OM'Z2PF<.MI0'E`>F%]Y1W':76-E!>+L`:DCB)Y6 M9'+FSLI7$:[A(XL2W,;5;2Q=.*]$XZZQ[6.L4#(<<^['A:EUQN70JS/!)E@\ M0%D"DVACWQA[H9NT4!L8A5S5`7,?+`3RMLU,H;"3JV-^NH7,L@;2TVH?9P&H MEZR?2U7*(XI64)#P%:)J!3=LMX#,XZC0,6[`F6Y,Q6KSNL)2"^3R5`C)!#/" MQ02[H<#>@"LL+6?K(J8*88$DA'VS+>2L$QOYN!6_?OWRHM;K=T/[(&1Y*HCC M"Z*AW?J8\@K>P<,J_@DJ2A@$%@!($X\@0=(G1/NQY4"Y*IUB($IP[VTLU1WE MA+DD0+3EZ\Z+3$SW45JJXPQC^G;F'S+=2)O-3G:>B@&Q;0!V.$66TWY>MIE7[14L!4_2]"L-J%(K\;EPWG>C*-!/9)Z*<1YO.\@I<3VMZ>E*%6 M:SZVFM^NKG2O_2?*W=_2;2![6;<.R"IY_H>58*77VI#=+A'3B?Z6,R4X[3R` MF"RU!'-EBU9FA8!'W]@CHX?S/I>E8=LD*PLZO0DN,-BO?\\O\$B>Y0%5^!OH>XPA[+*C$O< M$5KYF:E[M*;JI*R?!:@=SN?#>3<)H-E7]4<:(MU,;5:*^X4G^$NT$'UH1`VM MJ%YO##00``X-<"`!$`&````````0```*2! M`````&%C97`M,C`Q,C`V,S`N>&UL550%``-DX210=7@+``$$)0X```0Y`0`` M4$L!`AX#%`````@`$C,*0;EBH58,"```'6<``!4`&````````0```*2!#D(` M`&%C97`M,C`Q,C`V,S!?8V%L+GAM;%54!0`#9.$D4'5X"P`!!"4.```$.0$` M`%!+`0(>`Q0````(`!(S"D$OH=LIOQ<``.Y_`0`5`!@```````$```"D@6E* M``!A8V5P+3(P,3(P-C,P7V1E9BYX;6Q55`4``V3A)%!U>`L``00E#@``!#D! M``!02P$"'@,4````"``2,PI!?K#!M;HN``#NJ`(`%0`8```````!````I(%W M8@``86-E<"TR,#$R,#8S,%]L86(N>&UL550%``-DX210=7@+``$$)0X```0Y M`0``4$L!`AX#%`````@`$C,*00BUX!M3&P``4MH!`!4`&````````0```*2! M@)$``&%C97`M,C`Q,C`V,S!?<')E+GAM;%54!0`#9.$D4'5X"P`!!"4.```$ M.0$``%!+`0(>`Q0````(`!(S"D$;E-?V1PH``%A9```1`!@```````$```"D M@2*M``!A8V5P+3(P,3(P-C,P+GAS9%54!0`#9.$D4'5X"P`!!"4.```$.0$` 7`%!+!08`````!@`&`!H"``"TMP`````` ` end XML 35 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 70 131 1 false 15 0 false 3 false false R1.htm 001 - Document - DOCUMENT AND ENTITY INFORMATION Sheet http://www.acepllc.com/role/DocumentAndEntityInformation DOCUMENT AND ENTITY INFORMATION true false R2.htm 002 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) Sheet http://www.acepllc.com/role/CONDENSEDCONSOLIDATEDBALANCESHEETSUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) false false R3.htm 003 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Sheet http://www.acepllc.com/role/CONDENSEDCONSOLIDATEDSTATEMENTSOFOPERATIONSUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) false false R4.htm 004 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) Sheet http://www.acepllc.com/role/CONDENSEDCONSOLIDATEDSTATEMENTSOFCASHFLOWSUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) false false R5.htm 005 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF MEMBERS' EQUITY (UNAUDITED) Sheet http://www.acepllc.com/role/CONDENSEDCONSOLIDATEDSTATEMENTSOFMEMBERSEQUITYUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF MEMBERS' EQUITY (UNAUDITED) false false R6.htm 006 - Disclosure - The Company (Unaudited) Sheet http://www.acepllc.com/role/TheCompanyUnaudited The Company (Unaudited) false false R7.htm 007 - Disclosure - Basis of Presentation (Unaudited) Sheet http://www.acepllc.com/role/BasisOfPresentationUnaudited Basis of Presentation (Unaudited) false false R8.htm 008 - Disclosure - Related Party Transactions (Unaudited) Sheet http://www.acepllc.com/role/RelatedPartyTransactionsUnaudited Related Party Transactions (Unaudited) false false R9.htm 009 - Disclosure - Intangible Assets (Unaudited) Sheet http://www.acepllc.com/role/IntangibleAssetsUnaudited Intangible Assets (Unaudited) false false R10.htm 010 - Disclosure - Debt (Unaudited) Sheet http://www.acepllc.com/role/DebtUnaudited Debt (Unaudited) false false R11.htm 011 - Disclosure - Legal Proceedings (Unaudited) Sheet http://www.acepllc.com/role/LegalProceedingsUnaudited Legal Proceedings (Unaudited) false false R12.htm 012 - Disclosure - Basis of Presentation (policies) Sheet http://www.acepllc.com/role/BasisOfPresentationPolicies Basis of Presentation (policies) false false R13.htm 013 - Disclosure - Intangible Assets (Tables) Sheet http://www.acepllc.com/role/IntangibleAssetsTables Intangible Assets (Tables) false false R14.htm 014 - Disclosure - Debt (Tables) Sheet http://www.acepllc.com/role/DebtTables Debt (Tables) false false R15.htm 015 - Disclosure - The Company (Details Textual) Sheet http://www.acepllc.com/role/CompanyDetailsTextual The Company (Details Textual) false false R16.htm 016 - Disclosure - Basis of Presentation (Details Textual) Sheet http://www.acepllc.com/role/BasisOfPresentationDetailsTextual Basis of Presentation (Details Textual) false false R17.htm 017 - Disclosure - Related Party Transactions (Details Textual) Sheet http://www.acepllc.com/role/RelatedPartyTransactionsDetailsTextual Related Party Transactions (Details Textual) false false R18.htm 018 - Disclosure - Intangible Assets (Details) Sheet http://www.acepllc.com/role/IntangibleAssetsDetails Intangible Assets (Details) false false R19.htm 019 - Disclosure - Debt (Details) Sheet http://www.acepllc.com/role/DebtDetails Debt (Details) false false R20.htm 020 - Disclosure - Debt (Details Textual) Sheet http://www.acepllc.com/role/DebtDetailsTextual Debt (Details Textual) false false All Reports Book All Reports Element acep_RedemptionValue had a mix of decimals attribute values: -5 0. Element us-gaap_DebtIssuanceCosts had a mix of decimals attribute values: -5 0. 'Monetary' elements on report '015 - Disclosure - The Company (Details Textual)' had a mix of different decimal attribute values. 'Monetary' elements on report '017 - Disclosure - Related Party Transactions (Details Textual)' had a mix of different decimal attribute values. 'Monetary' elements on report '020 - Disclosure - Debt (Details Textual)' had a mix of different decimal attribute values. Process Flow-Through: 002 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) Process Flow-Through: Removing column 'Jun. 30, 2011' Process Flow-Through: Removing column 'Dec. 31, 2010' Process Flow-Through: Removing column 'Dec. 30, 2010' Process Flow-Through: 003 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Process Flow-Through: 004 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) Process Flow-Through: Removing column '3 Months Ended Jun. 30, 2012' Process Flow-Through: Removing column '3 Months Ended Jun. 30, 2011' acep-20120630.xml acep-20120630.xsd acep-20120630_cal.xml acep-20120630_def.xml acep-20120630_lab.xml acep-20120630_pre.xml true true XML 36 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6

Debt (Details Textual) (USD $)
3 Months Ended 6 Months Ended 6 Months Ended 12 Months Ended

Jun. 30, 2012

Jun. 30, 2011

Jun. 30, 2012

Jun. 30, 2011

Feb. 23, 2010

Jun. 30, 2012

Senior Secured Notes 11% [Member]

Dec. 31, 2011

Senior Secured Notes 11% [Member]

Dec. 31, 2009

Senior Secured Notes 11% [Member]

Apr. 30, 2012

Senior Secured Notes 11% [Member]

May 31, 2011

Senior Secured Notes 11% [Member]

Aug. 14, 2009

Senior Secured Notes 11% [Member]

Debt Instrument, Interest Rate, Stated Percentage 11.00%

Debt Instrument, Maturity Date Jun. 15, 2014

Debt Instrument Interest Computation And Frequency Of Periodic Payments Interest is computed on the basis of a 360-day year composed of twelve 30-day months and is payable semi-annually on June 15 and December 15 of each year, beginning on December 15, 2009

Debt Instrument, Exchange of Unregistered Notes for Registered Notes $ 374,900,000

Redemption Percentage 5.00% 5.00%

Redemption Price Percentage 102.00% 102.00%

Redemption Value 19,100,000 19,100,000

Interest Payable 773,000 951,000

Loss on debt redemption (1,112,000) (1,378,000) (1,112,000) (1,378,000)

Redemption Premium 375,000 375,000

Non Guarantor Subsidiaries Percentage Description less than 3%

Debt Instrument, Fair Value Disclosure 356,100,000

Redeemed Percentage Of Principal Amount 5.00% 5.00%

Redemption Price Percentage On Change Of Control Events 101.00%

Redemption Price Description On Change Of Control Events we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 101% of the principal amount of the 11% Senior Secured Notes repurchased, plus accrued and unpaid interest to the applicable repurchase date.

Redemption Price Percentage On Certain Events Of Loss 100.00%

Redemption Price Description On Certain Events Of Loss we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 100% of the principal amount of the Notes repurchased, plus accrued and unpaid interest to the date of purchase, prepayment or redemption, as the case may be.

Write Off Of Financing Costs And Discount $ 737,000 $ 1,000,000

X

- Definition

Description of the method of interest calculation and description of the frequency of periodic payments.

+ References

No definition available.

+ Details

Name: acep_DebtInstrumentInterestComputationAndFrequencyOfPeriodicPayments

Namespace Prefix: acep_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Description related to percentage of non guarantor subsidiaries.

+ References

No definition available.

+ Details

Name: acep_NonGuarantorSubsidiariesPercentageDescription

Namespace Prefix: acep_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Redeemed Percentage Of Principal Amount

+ References

No definition available.

+ Details

Name: acep_RedeemedPercentageOfPrincipalAmount

Namespace Prefix: acep_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

X

- Definition

Percentage of the redemption.

+ References

No definition available.

+ Details

Name: acep_RedemptionPercentage

Namespace Prefix: acep_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

X

- Definition

Redemption price description on certain events of loss.

+ References

No definition available.

+ Details

Name: acep_RedemptionPriceDescriptionOnCertainEventsOfLoss

Namespace Prefix: acep_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Redemption price description on change of control events.

+ References

No definition available.

+ Details

Name: acep_RedemptionPriceDescriptionOnChangeOfControlEvents

Namespace Prefix: acep_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Redemption Price Percentage

+ References

No definition available.

+ Details

Name: acep_RedemptionPricePercentage

Namespace Prefix: acep_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

X

- Definition

Redemption price percentage on certain events of loss.

+ References

No definition available.

+ Details

Name: acep_RedemptionPricePercentageOnCertainEventsOfLoss

Namespace Prefix: acep_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition

Redemption price percentage on change of control events.

+ References

No definition available.

+ Details

Name: acep_RedemptionPricePercentageOnChangeOfControlEvents

Namespace Prefix: acep_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition

Redemption Value

+ References

No definition available.

+ Details

Name: acep_RedemptionValue

Namespace Prefix: acep_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount of the unregistered notes exchanged for SEC registered notes.

+ References

No definition available.

+ Details

Name: acep_UnregisteredNoteExchange

Namespace Prefix: acep_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount of noncash expense included in loss on debt redemption related to the proportion of debt voluntarily redeemed.

+ References

No definition available.

+ Details

Name: acep_WriteOffOfFinancingCostsAndDiscount

Namespace Prefix: acep_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

+ Details

Name: us-gaap_DebtInstrumentFairValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Interest rate stated in the contractual debt agreement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22(a)(1))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_DebtInstrumentInterestRateStatedPercentage

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

X

- Definition

Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22(a)(2))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_DebtInstrumentMaturityDate

Namespace Prefix: us-gaap_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of gain (loss) from the difference between the repurchase price of a debt instrument initially issued by the entity and the net carrying amount of the debt at the time of its repurchase.

+ References

No definition available.

+ Details

Name: us-gaap_GainLossOnRepurchaseOfDebtInstrument

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 15

-Subparagraph 5

-Article 9

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.15(5))

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.15(a))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 15

-Subparagraph a

-Article 7

+ Details

Name: us-gaap_InterestPayableCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The excess of the (1) fair value of consideration transferred to the holders of a security in excess of (2) the carrying amount of the security reported on the registrant's balance sheet, which will be deducted from net earnings to derive net earnings available to common shareholders. This amount is generally an adjustment considered in the computation of earnings per share.

+ References

No definition available.

+ Details

Name: us-gaap_RedemptionPremium

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

Debt (Details Textual) (USD $)	3 Months Ended		6 Months Ended			6 Months Ended	12 Months Ended
Debt (Details Textual) (USD $)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Feb. 23, 2010	Jun. 30, 2012 Senior Secured Notes 11% [Member]	Dec. 31, 2011 Senior Secured Notes 11% [Member]	Dec. 31, 2009 Senior Secured Notes 11% [Member]	Apr. 30, 2012 Senior Secured Notes 11% [Member]	May 31, 2011 Senior Secured Notes 11% [Member]	Aug. 14, 2009 Senior Secured Notes 11% [Member]
Debt Instrument, Interest Rate, Stated Percentage											11.00%
Debt Instrument, Maturity Date								Jun. 15, 2014
Debt Instrument Interest Computation And Frequency Of Periodic Payments								Interest is computed on the basis of a 360-day year composed of twelve 30-day months and is payable semi-annually on June 15 and December 15 of each year, beginning on December 15, 2009
Debt Instrument, Exchange of Unregistered Notes for Registered Notes					$ 374,900,000
Redemption Percentage									5.00%	5.00%
Redemption Price Percentage									102.00%	102.00%
Redemption Value									19,100,000	19,100,000
Interest Payable									773,000	951,000
Loss on debt redemption	(1,112,000)	(1,378,000)	(1,112,000)	(1,378,000)
Redemption Premium						375,000	375,000
Non Guarantor Subsidiaries Percentage Description							less than 3%
Debt Instrument, Fair Value Disclosure						356,100,000
Redeemed Percentage Of Principal Amount									5.00%	5.00%
Redemption Price Percentage On Change Of Control Events						101.00%
Redemption Price Description On Change Of Control Events						we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 101% of the principal amount of the 11% Senior Secured Notes repurchased, plus accrued and unpaid interest to the applicable repurchase date.
Redemption Price Percentage On Certain Events Of Loss						100.00%
Redemption Price Description On Certain Events Of Loss						we must offer to repurchase the 11% Senior Secured Notes at a repurchase price equal to 100% of the principal amount of the Notes repurchased, plus accrued and unpaid interest to the date of purchase, prepayment or redemption, as the case may be.
Write Off Of Financing Costs And Discount						$ 737,000	$ 1,000,000