Riviera (RVHLQ) Inactive 10-K31 Mar 152014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Registrant Name	RIVIERA HOLDINGS CORP
Entity Central Index Key	899647
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Public Float		$0
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding			10
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding			9,419,982

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
CURRENT ASSETS:
Cash and cash equivalents	$54,612	$20,738
Restricted cash	354	39,327
Accounts receivable-net of allowances of $307 and $746, respectively	1,706	2,548
Income taxes receivable	0	106
Inventories	473	377
Prepaid expenses and other current assets	1,999	2,039
Total current assets	59,144	65,135
PROPERTY AND EQUIPMENT-net	132,282	135,189
INTANGIBLE ASSETS-net	4,025	4,632
OTHER LONG-TERM ASSETS-net	1,199	1,602
TOTAL	196,650	206,558
CURRENT LIABILITIES:
Current portion of long-term debt	89,915	82,750
Accounts payable	5,071	5,184
Deferred tax liabilities	486	103
Accrued interest	4,728	2,998
Accrued expenses	7,103	7,614
Total current liabilities	107,303	98,649
LONG-TERM DEFERRED TAX LIABILITIES	21,948	22,331
Total liabilities	129,251	120,980
COMMITMENTS and CONTINGENCIES (Note 12)
STOCKHOLDERS' EQUITY:
PREFERRED STOCK - 500,000 shares authorized, none issued and outstanding at December 31, 2014 and 2013	0	0
COMMON STOCK - Class A Voting ($0.001 par value; 10 shares authorized, issued and outstanding at December 31, 2014 and 2013) and Class B Non-Voting ($0.001 par value; 10,000,001 authorized, 9,305,541 and 9,039,035 issued and outstanding at December 31, 2014 and 2013, respectively)	9	9
WARRANTS ISSUED	3,230	7,657
ADDITIONAL PAID-IN CAPITAL	153,597	149,170
ACCUMULATED DEFICIT	-89,437	-71,258
Total stockholders' equity	67,399	85,578
TOTAL	$196,650	$206,558

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Accounts receivable, allowances	$307	$746
PREFERRED STOCK, shares authorized	500,000	500,000
PREFERRED STOCK, shares issued	0	0
PREFERRED STOCK, shares outstanding	0	0
COMMON STOCK, shares authorized	10,000,011
Class A Voting [Member]
COMMON STOCK, par value per share	$0.00	$0.00
COMMON STOCK, shares authorized	10	10
COMMON STOCK, shares issued	10	10
COMMON STOCK, shares outstanding	10	10
Class B Non-Voting [Member]
COMMON STOCK, par value per share	$0.00	$0.00
COMMON STOCK, shares authorized	10,000,001	10,000,001
COMMON STOCK, shares issued	9,305,541	9,039,035
COMMON STOCK, shares outstanding	9,305,541	9,039,035

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
REVENUES:
Casino	$32,477	$27,786	$34,314
Rooms	39,706	30,743	33,400
Food and beverage	12,317	10,443	13,486
Entertainment	786	717	1,571
Other	3,197	3,160	3,507
Total revenues	88,483	72,849	86,278
Less-promotional allowances	-5,594	-6,289	-9,919
Net revenues	82,889	66,560	76,359
Direct costs and expenses of operating departments:
Casino	15,126	17,407	28,133
Rooms	23,791	19,373	20,950
Food and beverage	9,995	9,259	10,776
Entertainment	1,694	807	1,531
Other	831	946	1,127
Other operating expenses:
Other general and administrative	30,109	27,679	28,547
Goodwill impairment	0	0	24,826
Depreciation and amortization	6,751	6,624	7,806
Total costs and expenses	88,297	82,095	123,696
LOSS FROM CONTINUING OPERATIONS	-5,408	-15,535	-47,337
OTHER (EXPENSE) INCOME:
Gain on retirement of assets	9	3	28
Interest income (expense), net	-12,773	-11,285	-9,254
Total other (expense) income	-12,764	-11,282	-9,226
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX (EXPENSE) BENEFIT	-18,172	-26,817	-56,563
Income tax (expense) benefit from continuing operations	-7	106	9,697
LOSS FROM CONTINUING OPERATIONS	-18,179	-26,711	-46,866
DISCONTINUED OPERATIONS
Income from discontinued operations	0	0	26,936
Income tax expense from discontinued operations	0	0	-9,697
Income from discontinued operations	0	0	17,239
NET LOSS	-18,179	-26,711	-29,627
Other comprehensive (loss) income	0	0	0
TOTAL COMPREHENSIVE LOSS	($18,179)	($26,711)	($29,627)
Basic
Loss from continuing operations (in dollars per share)	($1.98)	($2.96)	($5.18)
Income from discontinued operations (in dollars per share)	$0	$0	$1.91
Net (Loss) Income, net (in dollars per share)	($1.98)	($2.96)	($3.27)
Diluted
Loss from continuing operations (in dollars per share)	($1.98)	($2.96)	($5.18)
Income from discontinued operations (in dollars per share)	$0	$0	$1.91
Net (Loss) Income, net (in dollars per share)	($1.98)	($2.96)	($3.27)
Basic-weighted average common shares outstanding	9,161	9,039	9,039
Diluted-weighted average common and common equivalent shares	9,161	9,039	9,039

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
OPERATING ACTIVITIES:
Net Loss	($18,179)	($26,711)	($29,627)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Goodwill impairment	0	0	24,826
Depreciation and amortization	6,751	6,624	7,806
Provision for bad debts	-439	-1,537	1,968
Income tax expense (benefit)	0	0	0
Interest paid	254	180	146
Interest expense b payment in kind	7,165	5,877	4,493
Increase in restricted cash	38,973	23,283	-60,058
Gain on sale of Black Hawk	0	0	-25,388
Gain/Loss on Disposition of Assets	-9	-3	0
Changes in operating assets and liabilities:
Accounts receivable	1,281	652	-219
Income taxes receivable	106	-106	0
Inventories	-96	94	62
Prepaid expenses and other assets	189	60	358
Accounts payable	-113	-557	84
Accrued interest	1,730	1,572	644
Accrued expenses	-511	363	-551
Net cash (used in) provided by operating activities	37,102	9,791	-75,456
INVESTING ACTIVITIES:
Capital expenditures	-3,237	-2,970	-7,410
Net proceeds from Black Hawk sale	0	0	70,217
Due from stockholder	0	0	-121
Disposal of assets	9	3	0
Restricted cash	0	0	0
Net cash provided by (used in) investing activities	-3,228	-2,967	62,686
FINANCING ACTIVITIES:
Payments on capitalized leases	0	0	-14
Net cash used in financing activities	0	0	-14
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	33,874	6,824	-12,784
Decrease (Increase) in cash from discontinued operations	0	0	5,936
CASH AND CASH EQUIVALENTS-BEGINNING OF PERIOD	20,738	13,914	20,762
CASH AND CASH EQUIVALENTS-END OF PERIOD	54,612	20,738	13,914
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES (including discontinued operations):
Property acquired with debt and accounts payable	0	0	602
Cash paid for interest	3,624	3,654	3,992
Federal and state income taxes paid, net of refunds	($99)	$0	$0

CONSOLIDATED_STATEMENTS_OF_SHA

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Total	Preferred Stock [Member]	Common Stock [Member]	Warrants [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
In Thousands, except Share data	Total	Preferred Stock [Member]	Common Stock [Member]	Warrants [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at Dec. 31, 2011	$143,014	$0	$9	$7,657	$150,268	($14,920)
Balance, shares at Dec. 31, 2011		0	9,039,045	460,966
Payments made on behalf of owners	-1,098				-1,098
Net loss	-29,627					-29,627
Balance at Dec. 31, 2012	112,289	0	9	7,657	149,170	-44,547
Balance, shares at Dec. 31, 2012		0	9,039,045	460,966
Net loss	-26,711					-26,711
Balance at Dec. 31, 2013	85,578	0	9	7,657	149,170	-71,258
Balance, shares at Dec. 31, 2013		0	9,039,045	460,966
Exercise of Class B Warrants, shares			266,506	-266,506
Exercise of Class B Warrants	0			-4,427	4,427
Net loss	-18,179					-18,179
Balance at Dec. 31, 2014	$67,399	$0	$9	$3,230	$153,597	($89,437)
Balance, shares at Dec. 31, 2014		0	9,305,551	194,460

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION

Nature of Operations

Riviera Holdings Corporation (“RHC”) and its wholly-owned subsidiary Riviera Operating Corporation (“ROC”) (RHC and ROC, together with ROC’s wholly-owned subsidiaries, the “Company”), were incorporated on January 27, 1993, in order to acquire all assets and liabilities of Riviera, Inc. Casino-Hotel Division on June 30, 1993, pursuant to a plan of reorganization. The Company operates the Riviera Hotel & Casino on the Strip in Las Vegas, Nevada.

On February 20, 2015, the Company entered into, and simultaneously closed the initial transactions contemplated by, an Asset Purchase Agreement (the “Purchase Agreement”) with Las Vegas Convention and Visitors Authority, a local governmental entity of the State of Nevada (the “Buyer”). Pursuant to the Purchase Agreement, Buyer purchased certain assets of the Company, including the real property located at 2901 Las Vegas Boulevard South, Las Vegas, Nevada 89109 and all structures and improvements located on the property (collectively, the “Property”), and certain other assets (the “Transaction”) for a total purchase price of up to $182.5 million (the “Purchase Price”).

The Purchase Agreement generally provides that the Company will terminate it business operations within 180 days of the close of the Transaction (the “Business Closure”). The Company will be responsible for the Business Closure, and the Buyer will take possession of the Property once there are only minimal assets remaining on the premises. A portion of the Purchase Price has been deposited with a third-party escrow agent under an Escrow Agreement (the “Escrow Agreement”). Part of the escrowed amounts will be released to the Company upon completion of the Business Closure, while a larger portion will be available to pay the costs of the Business Closure, as discussed more fully in the Purchase Agreement.

ASC 360-10-45-9 requires that a long-lived asset (disposal group) to be sold shall be classified as held for sale in the period in which a set of criteria have been met, including criteria that the sale of the asset (disposal group) is probable and actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. All criteria were determined to be in place on February 12, 2015. Under ASC 360-10-45-13, as the criteria under ASC 360-10-45-9 were met after December 31, 2014, but before the financial statements were issued or were available to be issued, a long-lived asset shall continue to be classified as held and used in those financial statements when issued or when available to be issued.

The Company owned and operated the Riviera Black Hawk Casino (“Riviera Black Hawk”) in Black Hawk, Colorado until its sale on April 26, 2012, which is presented as discontinued operations in the accompanying statements of operations and comprehensive loss as a result of the Stock Purchase Agreement entered into on September 29, 2011.

In 2010, the Company filed for bankruptcy and entered into a plan for reorganization. Accordingly, on April 1, 2011, the Company adopted the “fresh-start” provisions in accordance with accounting guidance on reorganizations, which require that all assets and liabilities be recorded at their reorganization values and fair values, respectively. Certain of these values differed materially from the values recorded on Predecessor’s balance sheet as of March 31, 2011.

The Company’s operations are subject to extensive regulation in the states of Nevada and Colorado (prior to RBH being sold on April 26, 2012) by the respective gaming authorities and various other state and local regulatory agencies. Our management believes that the Company’s procedures comply, in all material respects, with the applicable regulations for supervising casino operations, recording casino and other revenues, and granting credit.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of RHC and its direct wholly-owned subsidiary. With the presentation of RBH as a discontinued operation (as discussed in Note 14), the Company has one reporting segment. All inter-company accounts and transactions have been eliminated.

We have reclassified certain amounts in prior-period Notes to conform to the current period’s presentation. Specifically, the Company changed the presentation in Note 4 to separately present construction in progress, as well as changed the presentation in Note 7 to separately present certain accrued liabilities.

Liquidity

The Company had $54.6 million in cash and cash equivalents and $0.4 million in restricted cash as of December 31, 2014. Additionally, effective April 1, 2011 and until June 30, 2012, the Company had the ability to draw up to $10 million against a Working Capital Facility (as defined in Note 9). However, due to the default under the Series A Credit Agreement (as defined in Note 9) and the Series B Credit Agreement (as defined in Note 9), we did not have the ability to draw any additional funds under the Working Capital Facility beginning on June 30, 2012 and as of each subsequent quarter, including as of December 31, 2014. The terms of the Series A Credit Agreement and the Series B Credit Agreement are described in Note 9 to the consolidated financial statements.

Going Concern

The accompanying consolidated financial statements are prepared assuming that the Company will continue as a going concern and contemplates the realization of assets and satisfaction of liabilities in the ordinary course of business.

Subsequent to emergence from bankruptcy, the Company has generated net losses from continuing operations before income tax benefits of $18.2 million, $26.8 million and $56.6 million for the years ended December 31, 2014, 2013 and 2012, respectively, and has an accumulated deficit of $89.4 million at December 31, 2014. The Company has total cash and cash equivalents of $54.6 million and a net working-capital deficit of $48.2 million at December 31, 2014. The net working-capital deficit includes $50.0 million of the Company’s Series A Credit Agreement and $39.9 millionof the Company’s Series B Credit Agreement (collectively, the “Credit Agreements”), both of which are classified as currently payable due to the defaults discussed below.

In connection with the Credit Agreements, we agreed to several affirmative and negative covenants. During 2014, the Company did not comply with all of the affirmative and negative covenants, and is in default as of December 31, 2014 (see Note 9).

The conditions and events described above raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

As more fully disclosed in Note 18 to the financial statements, on February 20, 2015, the Company entered into, and simultaneously closed the initial transactions contemplated by, the Purchase Agreement. Pursuant to the Purchase Agreement, Buyer purchased certain assets of the Company, including the Property, and certain other assets. The Asset Purchase Agreement provides that the Company will terminate its operations within 180 days of the close of the transaction or June 23, 2015. The Company will be responsible for the Business Closure, and Buyer will take possession of the property once there are only minimal assets remaining on the premises. Proceeds from the sale were used to repay the Series A and Series B Credit Agreement principal amounts and accrued interest.

Discontinued Operations

On September 29, 2011, the Company entered into an agreement to sell all of the issued and outstanding shares of common stock of RBH. As a result, as discussed above, RBH is presented as a discontinued operation in the accompanying consolidated statements of operations, with the assets and liabilities of RBH presented as held for sale in the accompanying consolidated balance sheets through the sale date of April 26, 2012. Under the general accounting provisions of ASC Topic 230-10-45-24, for purposes of reporting cash flows from discontinued operations, we combine the cash flows from discontinued operations with cash flows from continuing operations within each cash flow statement category. As such, cash flows of the discontinued operation have not been segregated from the cash flows of continuing operations on the accompanying consolidated statements of cash flows for the year ended December 31, 2012.

Cash and Cash Equivalents

Amounts classified as cash and cash equivalents included cash held in our bank accounts and cash on-hand for operating purposes.

Restricted Cash

As of December 31, 2014 and 2013, a security deposit in the amount of $354,000 and $441,600 , respectively, remains held for the benefit of the State of Nevada Workers’ Compensation Division as a requirement of our being self-insured for workers’ compensation.

As of December 31, 2013, $38.9 million of the purchase price proceeds in the sale of RBH was being held in a segregated deposit account. On April 28, 2014, the Company requested and received approval from the Required Lenders, as defined in each of the Series A Credit Agreement and the Series B Credit Agreement, to withdraw the full amount, $38.9 million, held in the Company’s segregated cash account for working capital purposes.

Accounts Receivable and Credit Risk

Financial instruments that subject the Company to credit risk consist of cash equivalents and accounts receivable.

The Company's policy is to limit the amount of credit exposure to any one financial institution, and place investments with financial institutions evaluated as being creditworthy, or in short-term money market and tax-free bond funds which are exposed to minimal interest rate and credit risk. The Company has bank deposits and overnight repurchase agreements that exceed federally-insured limits.

Concentration of credit risk, with respect to casino receivables, is limited through the Company's credit evaluation process. The Company issues markers to approved casino customers only following credit checks and investigations of creditworthiness.

Accounts receivable are written off when management determines that an account is uncollectible. Recoveries of accounts previously written off are recorded when received. An allowance for doubtful accounts is determined to reduce the Company's receivables to their carrying value, which approximates fair value. The allowance is estimated based on historical collection experience, specific review of individual customer accounts, and current economic and business conditions.

Inventories

Inventories consist primarily of food, beverage, retail and promotional merchandise and are stated at the lower of cost (determined on a first-in, first-out basis) or market.

Property and Equipment

Property and equipment are stated at cost, and capitalized lease assets are stated at the present value of future minimum lease payments at the date of lease inception. Depreciation is computed by the straight-line method over the shorter of the estimated useful life or lease term, if applicable, of the related asset with lives ranging from:

Buildings and improvements

7 to 40 years

Land improvements

15 to 20 years

Furniture, fixtures and equipment

3 to 7 years

For assets to be disposed of, we recognize the asset to be sold at the lower of carrying value or fair market value less costs of disposal. Fair market value for assets to be disposed of is generally estimated based on comparable asset sales, solicited offers or a discounted cash flow model. For assets to be held and used, we periodically assess the recoverability of property and equipment and evaluate such assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. As an indicator of impairment existed as of October 1, 2014, we compared the estimated future cash flows of the asset, on an undiscounted basis, to the carrying value of the asset. The undiscounted cash flows exceeded the carrying value, and an impairment charge was not required. There were no asset impairment charges in 2014, 2013 and 2012.

Other Long Term Assets

Other long term assets include deferred loan offering costs, which are amortized over the estimated life of the debt using the straight line method which approximates the effective interest rate method. Such amortized costs are included in interest expense. Other long term assets also includes base stocks of china, glassware, kitchenware and utensils, with subsequently purchased items expensed at the time of purchase and placed in service, as well as other miscellaneous deposits.

Goodwill and Intangible Assets

Goodwill represents the excess of total acquisition costs over the fair market value of net assets acquired and liabilities assumed in a business combination. The Company recorded goodwill of $24.8 million upon the application of fresh-start reporting in 2011. For the year ended December 31, 2012, management concluded indicators of goodwill impairment existed and, as required by ASC Topic 350, recorded a $24.8 million impairment charge to write off the entire goodwill balance.

In connection with the adoption of fresh-start reporting in 2011, the Company recognized $2.4 million in a trade name related to the Riviera name, which is being amortized on a straight-line basis over fifteen years. Customer lists were valued at $1.4 million, representing the value associated with our customers under our customer loyalty programs and is being amortized on a straight-line basis over five years. Other intangibles of $2.5 million include the value of software which is being amortized on a straight-line basis over fifteen years.

Income Taxes

The Company is subject to income taxes in the United States. Authoritative guidance for accounting for income taxes requires that we account for income taxes by recognizing deferred tax assets, net of applicable reserves, and deferred tax liabilities for the estimated future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases, operating losses and tax credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on the income tax provision and deferred tax assets and liabilities is recognized in the results of operations in the period that includes the enactment date. Authoritative guidance for accounting for income taxes also requires that we perform an assessment of positive and negative evidence regarding the realization of the deferred tax assets. This assessment includes the evaluation of the future reversal of temporary tax differences, the nature and frequency of current and cumulative losses, forecasts of future taxable income and implementation of tax planning strategies. The Company reduces the carrying amounts of deferred tax assets by a valuation allowance if it is determined that, more likely than not, the Company will be unable to realize such assets. Such assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, the Company’s forecasts of future profitability, the duration of statutory carryforward periods, and experience with the utilization of operating loss and tax credit carryforwards before expiration.

Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. Authoritative guidance regarding uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more-likely-than-not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits, of being sustained on examination. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes

Long-Term Debt

The Company’s debt instruments have been classified as current obligations as further discussed in Note 9.

Fair Value Measurement

The carrying values of our cash and cash equivalents, restricted cash, receivables and accounts payable approximate fair value because of the short term maturities of these instruments. The estimated fair value of the Company's long-term debt is based on quoted market prices from various banks for similar instruments, which is considered a Level 2 input under the fair value measurement hierarchy, as discussed further in Note 8.

Casino Revenues

Casino revenues are measured by the aggregate net difference between gaming wins and losses, with liabilities recognized for funds deposited by customers before gaming play occurs and for chips in the customers’ possession. Hotel, food and beverage, entertainment and other operating revenues are recognized when services are performed. Advance deposits on rooms and advance ticket sales are recorded as customer deposits until services are provided to the customer.

Room, Food, Beverage, Entertainment and Other Revenues

The Company recognizes room, food, beverage, entertainment and other revenue at the time that goods or services are provided. Advance deposits on rooms, conventions and banquets are recorded as accrued liabilities until services are provided to the customer.

Promotional Allowances

Revenues include the estimated retail value of rooms, food, beverage and entertainment provided to customers on a complimentary basis. Such amounts are then deducted as promotional allowances. The estimated cost of providing these promotional allowances is reclassified to the casino department for the years ended December 31, as follows (in thousands):

Year Ended

December 31, 2014

December 31, 2013

December 31, 2012

Rooms

1,347

2,171

3,568

Food and Beverage

3,908

3,722

5,310

Retail

—

Entertainment

180

965

Total

5,262

6,086

9,843

Self-Insurance Reserves

The Company is self-insured for various levels of general liability and workers’ compensation insurance. Insurance claims and reserves include accruals of estimated settlements for known claims as well as accrued estimates of incurred but not reported claims. In estimating these costs, the Company considers its historical claims experience and makes judgments about the expected levels of costs per claim. Changes in health care costs, accident frequency and severity and other factors can materially affect the estimate for these liabilities.

Loyalty Club Program

We provide our guests the opportunity to earn points redeemable for slot freeplay, complimentaries or promotions based on their level of slot gaming activities while at our properties. An accrual is recorded as points are earned based upon expected redemption rates.

Advertising

The costs of advertising are expensed as incurred. Advertising expense, which is generally included in other general and administrative expenses, was $1.5 million, $1.5 million and $2.3 million for the years ended December 31, 2014, 2013 and 2012, respectively.

Recently Issued Accounting Standards

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers”, which is effective for fiscal years, and interim periods within those years, beginning on or after December 15, 2016. The update outlines a new, single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including revenue recognition guidance specific to the gaming industry. This new revenue recognition model provides a five-step analysis in determining when and how revenue is recognized. Additionally, the new model will require revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration a company expects to receive in exchange for those goods or services. In addition, interim and annual disclosures will be substantially revised. The Company will adopt this standard effective January 1, 2017. The Company is currently assessing the impact that adoption of this new accounting guidance will have on its consolidated financial statements and footnote disclosures.

In August 2014, the FASB issued Accounting Standards Update No. 2014-15, “Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”, which is effective in the annual period ending after December 15, 2016, with early application permitted. The update is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. Additionally, management's evaluation is to be performed when preparing financial statements for each annual and interim reporting period and based on relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued. The Company will adopt this standard effective January 1, 2017. The Company is currently assessing the impact that adoption of this new accounting guidance will have on its consolidated financial statements and footnote disclosures.

Certain Risks and Uncertainties

The Company's operations are dependent on its continued licensing by state gaming authorities. The loss of a license could have a material adverse effect on future results of operations.

The Company is dependent on the economy of the United States in general, and any deterioration in the national economic, energy, credit and capital markets could have a material adverse effect on future results of operations.

A significant portion of the Company’s labor force is covered by collective bargaining agreements, and a dispute with covered employees or new labor agreements may lower our revenues and increase our costs. A prolonged dispute with the covered employees could have an adverse impact on our operations. In addition, wage and/or benefit increases resulting from new labor agreements may be significant and could also have an adverse impact on our results of operations.

Loss per Share

Basic net loss per share includes no dilution and is computed by dividing net loss by the weighted-average number of common shares outstanding for the period. Diluted net loss per share is computed by dividing net income by the weighted number of common and common-equivalent shares outstanding for the period. Due to the net loss in the periods presented, the calculation of diluted per share amounts would create an anti-dilutive result and therefore is presented as the same amounts as basic net loss per share.

Estimates and Assumptions

The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates used by the Company include estimated useful lives for depreciable and amortizable assets, certain accrued liabilities and the estimated allowances for receivables and deferred tax assets. Actual results may differ from estimates.

ACCOUNTS_RECEIVABLENET

ACCOUNTS RECEIVABLE-NET	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
ACCOUNTS RECEIVABLE-NET	ACCOUNTS RECEIVABLE-NET

	Accounts receivable-net consist of the following at December 31 (in thousands):



		2014			2013
	Casino	$	139		$	489

	Hotel	1,874			2,805

	Total	2,013			3,294

	Less - collection allowances	(307		)	(746		)
	Accounts receivable - net	$	1,706		$	2,548



	Collection allowances activity for the years ending December 31 consist of the following (in thousands):



		2014			2013
	Beginning balance	$	746		$	2,283

	Write-offs	(374		)	(1,645		)
	Recoveries	(44		)	3

	Provision for doubtful collection	(21		)	105

	Ending balance	$	307		$	746


	The Company manages its credit risk by evaluating customers’ credit worthiness before extending credit. The maximum credit losses that might be sustained are limited to the recorded receivables less any amounts reserved.

PREPAID_EXPENSES_AND_OTHER_CUR

PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	PREPAID EXPENSES AND OTHER CURRENT ASSETS

	Prepaid expenses and other current assets consist of the following at December 31 (in thousands):



		2014		2013
	Prepaid gaming taxes	$	959	$	823

	Prepaid insurance	641		634

	Other	399		582

	Total	$	1,999	$	2,039

PROPERTY_AND_EQUIPMENTNET

PROPERTY AND EQUIPMENT-NET	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT-NET	PROPERTY AND EQUIPMENT-NET

	Property and equipment-net consist of the following at December 31 (in thousands):



		2014			2013
	Land and improvements	$	86,025		$	86,025

	Buildings and improvements	38,875			31,599

	Equipment, furniture, and fixtures	27,217			32,059

	Construction in progress	2,151			2,288



	Total cost	154,268			151,971

	Less - Accumulated depreciation and amortization	(21,986		)	(16,782		)

	Property and equipment - net	$	132,282		$	135,189


	The gross amount of assets recorded under our capital leases as of December 31, 2014 and 2013 is $0.6 million and $0.6 million, respectively. Accumulated depreciation of assets recorded under our capital leases as of December 31, 2014 and 2013 is $0.3 million and $0.2 million, respectively.

	In accordance with its policy, the Company reviews the estimated lives of its fixed assets on an ongoing basis. Substantially all of the Company’s property and equipment are pledged as collateral to secure debt (see Note 9).

GOODWILL_AND_INTANGIBLE_ASSETS

GOODWILL AND INTANGIBLE ASSETS-NET	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS-NET	GOODWILL AND INTANGIBLE ASSETS-NET

	Goodwill represents the excess of total acquisition costs over the fair market value of net assets acquired and liabilities assumed in a business combination. The Company recorded goodwill of $24.8 million upon the application of fresh-start reporting in 2011. For the year ended December 31, 2012, management concluded indicators of goodwill impairment existed and, as required by ASC Topic 350, recorded a $24.8 million impairment charge to write off the entire goodwill balance.

	Intangible assets consist of the following at December 31 (in thousands):



		Estimated	2014
		life
		(years)
	Trade name	15	$	2,400

	Customer lists	5	1,400

	Software	15	2,500

	Total intangible assets		6,300

	Less accumulated amortization:

	Trade name		(600		)
	Customer lists		(1,050		)
	Software		(625		)
	Total accumulated amortization		(2,275		)
	Intangible assets, net		$	4,025


	In connection with the adoption of fresh-start reporting in 2011, the Company recognized $2.4 million in a trade name related to the Riviera name, which is being amortized on a straight-line basis over fifteen years. Customer lists were valued at $1.4 million, representing the value associated with our customers under our customer loyalty programs and is being amortized on a straight-line basis over five years. Other intangibles of $2.5 million include the value of software which is being amortized on a straight-line basis over fifteen years.

	Intangible assets were valued using income and cost based methods as appropriate. The Riviera trade name was valued based on the relief from royalty method which is a function of projected revenue, the royalty rate that would hypothetically be charged by a licensor of an asset to unrelated licensee and a discount rate. The royalty rate was based on factors such as age, market competition, absolute and relative profitability, market share and prevailing rates for similar assets to reach a 1% royalty rate. The discount rate applied was 16%, based on the weighted average cost of capital of the properties benefiting from the trade name. The value assigned to customer lists is based on the present value of future earnings using the replacement cost method based on internally developed estimates.

	Amortization expense for the year ended December 31, 2014 for those assets amortized was $607,000. Estimated annual amortization expense for the intangible assets of the Company for the year ended December 31, 2015 is anticipated to be $0.6 million, $0.4 million for 2016, and $0.3 million for 2017, 2018 and 2019.

OTHER_LONG_TERM_ASSETSNET

OTHER LONG TERM ASSETS-NET	12 Months Ended
	Dec. 31, 2014
Other Assets, Noncurrent Disclosure [Abstract]
OTHER LONG TERM ASSETS-NET	OTHER LONG TERM ASSETS-NET

	Other long term assets-net consist of the following at December 31 (in thousands):



		2014		2013
	Deposits	$	142	$	338

	Deferred loan fees	56		135

	Base stock	1,001		1,129

	Total	$	1,199	$	1,602

ACCOUNTS_PAYABLE_AND_ACCRUED_E

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	ACCOUNTS PAYABLE AND ACCRUED EXPENSES

	Accounts payable consists of the following at December 31 (in thousands):



		2014		2013
	Accounts payable vendors	$	3,306	$	3,881

	Customer deposits, non-gaming	919		797

	Other	846		506

	Total	$	5,071	$	5,184


	Accrued expenses consist of the following at December 31 (in thousands):



		2014		2013
	Outstanding chip and token liability	$	218	$	349

	Customer loyalty liabilities	278		318

	Progressive jackpot liabilities	538		515

	Other gaming related accruals	5		4

	Payroll and related taxes and benefits	4,561		5,174

	Property and gaming taxes	751		640

	Professional fees and customer deposits	752		600

	Advance sales/deferred income	—		14

	Total	$	7,103	$	7,614

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	FAIR VALUE MEASUREMENTS

	Fair Value of Cash and Cash Equivalents, Restricted Cash, Accounts Receivable and Accounts Payable

	The fair values of cash and cash equivalents, restricted cash, accounts receivable and accounts payable approximate carrying values due to the short maturity of these items.

	Fair value is defined in the authoritative guidance as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance also establishes a framework for measuring fair value and expands disclosures about fair value measurements. The fair value framework requires the categorization of assets and liabilities into three levels based upon assumptions (inputs) used to price the assets and liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment. The three levels are defined as follows:

	•Level 1: Quoted market prices in active markets for identical assets or liabilities.
	•Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data.
	•Level 3: Unobservable inputs that are not corroborated by market data.

	Fair Value of Long-Term Debt

	The following table presents information about the estimated fair value of the Company’s long-term debt compared with
	its carrying value (amounts in thousands):



		31-Dec-14		December 31, 2013


	Aggregate carrying amount, Series A Term Loan	$	50,000	$	50,000

	Aggregate carrying amount, Series B Term Loan	39,915		32,750

	Total aggregate carrying amount	$	89,915	$	82,750



	Aggregate fair value, Series A Term Loan	$	46,500	$	46,000

	Aggregate fair value, Series B Term Loan	33,927		27,510

	Total aggregate fair value	$	80,427	$	73,510


	The estimated fair value of the Company’s long-term debt is based on quoted market prices from various banks for similar instruments, which is considered a Level 2 input under the fair value measurement hierarchy.

LONG_TERM_DEBT

LONG TERM DEBT	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT

	Long-term debt consists of the following at December 31 (in thousands):



		2014			2013

	Series A Term Loan, due April 1, 2016, interest at LIBOR plus 5%, 7% at December 31, 2014	$	50,000		$	50,000


	Series B Term Loan, due April 1, 2019, interest at LIBOR plus 18% PIK, 20% at December 31, 2014	39,915			32,750


	Total debt	89,915			82,750

	Less current portion of long term debt	(89,915		)	(82,750		)
	Total long-term debt, net	$	—		$	—



	Series A Credit Agreement

	On April 1, 2011, pursuant to the Company's second Amended Joint Plan of Reorganization (as amended and supplemented, the “Plan”) entered into in connection with the Company's reorganization proceedings under the United States Bankruptcy Code that were consummated on April 1, 2011 (the “Substantial Consummation Date”), RHC entered into a first lien credit agreement (the “Series A Credit Agreement”) with ROC and RBH, as guarantors, Cantor Fitzgerald Securities, as administrative agent, and the lenders from time to time party thereto. The Series A Credit Agreement provides for initial aggregate lender commitments of $60 million, including a $50 million term loan facility (the “Series A Term Loan”) and a $10 million revolving loan (the “Working Capital Facility”). The Working Capital Facility provides for a letter of credit facility and a swingline loan facility with sublimits of $5 million and $2 million, respectively. The Series A Credit Agreement has a maturity date of April 1, 2016. Availability of the revolving loans under the Working Capital Facility is subject to certain conditions provided for in the Series A Credit Agreement. The proceeds of extensions of credit under the Series A Credit Agreement can be used by RHC for working capital and other general corporate purposes.

	Interest accrues at a LIBOR Rate (as defined in the Series A Credit Agreement) for a specified interest period (with a floor of 2.0%) plus a margin rate of 5.0% per annum or the Alternate Base Rate (as defined below) plus a margin rate of 4.0% per annum. Alternate base rate (“Alternate Base Rate”) interest is an alternate base rate equal to the highest of (i) the prime rate, as defined in the Series A Credit Agreement, (ii) the Federal Funds Effective rate (as defined in the Series A Credit Agreement) in effect on such day plus 1/2 of 1.0% and (iii) the LIBOR Rate that would be payable on such day for LIBOR Rate Loan (as defined in the Series A Credit Agreement) with one month interest period plus 1.0%.

	RHC is required to pay a quarterly unused commitment fee and customary fees to the administrative agent. For the years ended December 31, 2014 and 2013, the unused commitment fee was $0.1 million and $0.1 million, respectively. RHC is also required to pay quarterly participation and fronting fees based on the amount of the letter of credit exposure of the applicable lenders and letter of credit issuers, respectively.

	The obligations under the Series A Credit Agreement are guaranteed by RHC's Domestic Subsidiaries (as defined in the Series A Credit Agreement) pursuant to the terms of the Series A Credit Agreement and are secured by a first priority security interest on substantially all of RHC's and its Domestic Subsidiaries’ assets, other than a deposit account into which the proceeds of the Series B Term Loan (as defined below) was deposited on the Substantial Consummation Date (the “Series B Term Loan Controlled Account”). Proceeds deposited in the Series B Term Loan Controlled Account are earmarked primarily for capital improvements.

	The Series A Credit Agreement subjects RHC to certain customary affirmative covenants, including the delivery of financial statements and annual operating budgets. In addition, the Series A Credit Agreement contains customary restrictive covenants, including, but not limited to, restrictions on RHC's ability to incur additional indebtedness, create liens, make investments, pay dividends, and merge. Beginning on June 30, 2012 and as of each subsequent quarter, including as of December 31, 2014, the Company was not in compliance with the financial covenants in, and in default under, the Series A Credit Agreement. The Required Lenders (as defined in the Series A Credit Agreement) temporarily waived such default with respect to the June 30, 2012 default and this waiver expired on July 31, 2012. On April 29, 2014, we entered into a forbearance agreement with the Required Lenders pursuant to which the Required Lenders agreed to forbear from exercising their remedies under the Series A Credit Agreement arising out of the default for a period up to and including July 31, 2014 (the "Series A Forbearance Agreement"). The parties have amended the Series A Forbearance Agreement on each of July 31, 2014, August 30, 2014, September 30, 2014, October 31, 2014 and November 25, 2014 to extend the forbearance period through August 31, 2014, September 30, 2014, October 31, 2014, November 30, 2014 and March 31, 2015, respectively. The lenders and administrative agent under the Series A Credit Agreement have not taken any action to exercise any remedies under the Series A Credit Agreement.

	In addition, the Series A Credit Agreement contains provisions concerning customary events of default, including, without limitation, payment defaults, breaches of representations and warranties, covenant defaults, cross-defaults, certain events of bankruptcy and insolvency, judgment defaults, failure of any guarantee of the loan obligations or any loan document to be in full force and effect, the occurrence of a Change of Control (as defined in the Series A Credit Agreement), certain ERISA defaults and failure to keep any necessary casino licenses in full force and effect. If an event of default occurs and is continuing, amounts due under the Series A Credit Agreement may be accelerated, and the rights and remedies of the lenders under the Series A Credit Agreement may be exercised, including rights with respect to the collateral securing obligations under the Series A Credit Agreement. As such, the balances of the Series A Term Loan, as of December 31, 2014 and 2013, have been classified as a current obligation.

	Upon the occurrence of the event of default described above, and for so long as such event of default is continuing, the Required Lenders have the ability to increase the interest accruing on amounts owed under the Series A Credit Agreement. Different default interest rates would apply to the principal of the loans, the accrued but unpaid interest on the loans and any other amounts owed under the Series A Credit Agreement. With respect to the principal of the loans made pursuant to the Series A Credit Agreement, the default interest rate is equal to the current interest rate plus 2.0%. Although the Required Lenders under the Series A Credit Agreement have not taken any action to increase the interest rate under the Series A Credit Agreement, the Company is accruing for the additional 2% default interest.

	Promptly after the closing of the Transaction described in Note 18, the Company repaid all outstanding indebtedness owed under the Series A Credit Agreement and the Series B Credit Agreement.

	Series B Credit Agreement

	On April 1, 2011, pursuant to the Plan, RHC also entered into a second lien credit agreement (the “Series B Credit Agreement”) with ROC and RBH, as guarantors, Cantor Fitzgerald Securities, as administrative agent, and the lenders from time to time party thereto. The Series B Credit Agreement provides for, and governs the terms of, a $20 million term loan facility (the “Series B Term Loan”).

	The Series B Term Loan bears interest at a per annum rate equal to the sum of the LIBOR Rate (as defined in the Series B Credit Agreement) plus 3.0%, payable in cash, and the LIBOR Rate plus 13.0%, payable in kind (PIK) in interest that will be recapitalized as principal. The Series B Credit Agreement has a maturity date of April 1, 2019. Upon completion of the sale of RBH on April 26, 2012, the cash portion of interest converted to PIK.

	RHC is required to pay a customary fee to the administrative agent. The obligations under the Series B Credit Agreement are guaranteed by RHC's Domestic Subsidiaries (as defined in the Series B Credit Agreement) pursuant to the terms of the Series B Credit Agreement and are secured by (i) a first priority security interest on the Series B Term Loan Controlled Account and (ii) a second priority security interest on substantially all of RHC's and its Domestic Subsidiaries’ other assets.

	The Series B Credit Agreement subjects RHC to certain customary affirmative covenants, including the delivery of financial statements and annual operating budgets. In addition, the Series B Credit Agreement contains customary restrictive covenants, including, but not limited to, restrictions on RHC's ability to incur additional indebtedness, create liens, make investments, pay dividends, and merge. Beginning on June 30, 2012 and as of each subsequent quarter, including as of December 31, 2014, the Company was not in compliance with the financial covenants in, and in default under, the Series B Credit Agreement. The Required Lenders (as defined in the Series B Credit Agreement) temporarily waived such default with respect to the June 30, 2012 default and this waiver expired on July 31, 2012. On April 29, 2014, we entered into a forbearance agreement with the Required Lenders pursuant to which the Required Lenders agreed to forbear from exercising their remedies under the Series B Credit Agreement arising out of the default for a period up to and including July 31, 2014 ("Series B Forbearance Agreement", collectively with the Series A Forbearance Agreement, and as amended, the "Forbearance Agreement"). The parties have amended the Series B Forbearance Agreement on each of July 31, 2014, August 30, 2014, September 30, 2014, October 31, 2014 and November 25, 2014 to extend the forbearance period through August 31, 2014, September 30, 2014, October 31, 2014, November 30, 2014 and March 31, 2015, respectively. The lenders and administrative agent under the Series B Credit Agreement have not taken any action to exercise any remedies under the Series B Credit Agreement.

	In addition, the Series B Credit Agreement contains provisions concerning customary events of default, including, without limitation, payment defaults, breaches of representations and warranties, covenant defaults, cross-defaults, certain events of bankruptcy and insolvency, judgment defaults, failure of any guarantee of the loan obligations or any loan document to be in full force and effect, the occurrence of a Change of Control (as defined in the Series B Credit Agreement), certain ERISA defaults and failure to keep any necessary casino licenses in full force and effect. If an event of default occurs and is continuing, amounts due under the Series B Credit Agreement may be accelerated and the rights and remedies of the lenders under the Series B Credit Agreement may be exercised, including rights with respect to the collateral securing obligations under the Series B Credit Agreement. As such, the balances of the Series B Term Loan, as of December 31, 2014 and 2013, have been classified as a current obligation.

	Upon the occurrence of the event of default described above, and for so long as such event of default is continuing, the Required Lenders have the ability to increase the interest accruing on amounts owed under the Series B Credit Agreement. Different default interest rates would apply to the principal of the loan, the accrued but unpaid interest on the loan and any other amounts owed under the Series B Credit Agreement. With respect to the principal of the loan made pursuant to the Series B Credit Agreement, the default interest rate is equal to the current interest rate plus 2.0%. Although the Required Lenders under the Series A Credit Agreement have not taken any action to increase the interest rate under the Series A Credit Agreement, the Company is accruing for the additional 2% default interest.

	Promptly after the closing of the Transaction described in Note 18, the Company repaid all outstanding indebtedness owed under the Series A Credit Agreement and the Series B Credit Agreement.

LEASING_ACTIVITIES

LEASING ACTIVITIES	12 Months Ended
LEASING ACTIVITIES	Dec. 31, 2014
Leases [Abstract]
LEASING ACTIVITIES	LEASING ACTIVITIES

	The Company leases various equipment under operating and, to a lesser extent, capital lease arrangements. At December 31, 2014, the Company was obligated under cancellable and noncancellable operating and capital leases. Certain lease arrangements contain a buyout/liquidated damages provision. This provision provides that in the event of a major renovation or certain other events, the Company has the right, according to an agreed-upon formula, to buy out any remaining term of the lease by providing the tenant twelve months written notice.

	In conjunction with the Purchase Agreement and the subsequent Business Closure discussed in Note 18, the Company has implemented a process to terminate all contracts, including any agreement, contract, lease, sublease, license, sublicense, or concession agreement, and pay any associated termination fees, and in connection therewith, use commercially reasonable efforts to obtain a release from each counterparty thereto. As such, future minimum lease payments under our operating and capital leases for the year ended December 31, 2015 are expected to be $15,670 and $49,879, respectively.

	In order to provide the Company access to the Property and time to complete the Business Closure, at the close of the Transaction, ROC and the Buyer entered into a Lease Agreement (the “Lease”), pursuant to which ROC leases the Property from Buyer for the sole purpose of winding down operations. The Lease will be in effect for the duration of the Business Closure and will expire automatically when the Business Closure is complete. In addition, the Company has guaranteed the payment and performance of ROC’s obligations under the Lease by executing a Lease Guaranty concurrently with ROC’s execution of the Lease and the closing of the Transaction.

	The current and long term obligations under capital leases are included in “Accrued expenses”. Rental expense for equipment under operating leases for the years ended December 31, 2014, 2013 and 2012 was $363,675, $514,651 and $742,423, respectively. All leases are cancelable within one year.

	As of December 31, 2014, the Company leases retail space to third parties (primarily retail shops and fast food vendors) under terms of non-cancelable operating leases that expire in various years through 2017, and have options to extend at the tenant’s option. Rental income, which is included in other revenue, for the years ended December 31, 2014, 2013 and 2012 was $1,855,926, $1,934,700 and $2,006,760, respectively.

	At December 31, 2014, the Company had future minimum annual rental income due under non-cancelable operating leases of $582,388.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES

	Components of our benefit for income taxes from continued operations are as follows:



	(In Thousands)	Year Ended				Year Ended				Year Ended
		December 31, 2014				December 31, 2013				December 31, 2012
	Federal	$	(7	)		$	106			$	—

	State	—				—				—

	Total current	(7		)		106				—

	Federal	—				—				9,697

	State	—				—				—

	Total deferred	—				—				9,697

	Benefit for income taxes	$	(7	)		$	106			$	9,697



	The Company recognized a tax expense of $7,361 in 2014 related to a reduction in an AMT credit refund requested during 2014.

	The effective income tax rate from continuing operations differs from the statutory US federal income tax rate as follows:



		Year Ended			Year Ended			Year Ended
		December 31, 2014			December 31, 2013			December 31, 2012
	Taxes at federal statutory rate	35	%		35	%		35	%
	State income tax, net	—	%		—	%		(0.9	)%
	Discontinued Operations	—	%		—	%		0.3	%
	FICA credit	0.4	%		(1.3	)%		0.2	%
	AMT credit	—	%		(1.9	)%		—	%
	Other, net	(0.2	)%		(2.0	)%		(0.3	)%
	Goodwill Impairment	—	%		—	%		(15.4	)%
	Non-deductible interest	(12.0	)%		(6.8	)%		(2.2	)%
	Valuation allowance	(23.3	)%		(22.6	)%		0.4	%
	Benefit for income taxes	(0.1	)%		0.4	%		17.1	%


	Under the accounting guidance, deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s net deferred income tax asset consisted of the following:



	(In Thousands)	2014				2013				2012
	Deferred Tax Assets

	Reserves and accruals	$	748			$	1,149			$	1,556

	Federal net operating loss carry forwards	38,712				29,992				24,181

	AMT and other tax credits	2,284				1,733				2,664

	Deferred interest	1,264				675				381

	Other	3				18				136

	Total before valuation allowance	43,011				33,567				28,918

	Valuation allowance	(29,849		)		(19,559		)		(13,481		)
Total Deferred Tax Asset	13,162				14,008				15,437

Deferred Tax Liabilities

Prepaid expenses	(595		)		(583		)		(621		)
Property and equipment	(33,592		)		(34,238		)		(35,417		)
Intangibles	(1,409		)		(1,621		)		(1,833		)
Total Deferred Tax Liability	(35,596		)		(36,442		)		(37,871		)
Net Deferred Tax Liability	$	(22,434	)		$	(22,434	)		$	(22,434	)


We had U.S. net operating loss carry forwards in the amount of $140.9 million at December 31, 2014 and $130.9 million at December 31, 2013 that will expire in tax years ending 2019 through 2034. Our AMT credits of $1.7 million have no expiration date. Our other general business tax credits of $1.8 million at December 31, 2014 and $1.7 million at December 31, 2013 will expire in tax years ending 2023 through 2034. Due to certain significant changes in ownership in prior years, the net operating losses and general business credits for December 31, 2012 have been adjusted on the balance sheet to reflect the amount that will be available for use under Internal Revenue Code of 1986, as amended, Sections 382 and 383.

We have performed an assessment of positive and negative evidence regarding the realization of the deferred tax assets in accordance with accounting guidance. This assessment included the evaluation of the reversal of temporary differences. As a result, we have concluded that it is more likely than not that the net deferred tax assets, excluding the deferred tax liability related to the step up in land recorded in fresh-start reporting, will not be realized and thus have provided an allowance for the net deferred tax asset balance. The net change in our deferred income tax valuation allowance for the years ended December 31, 2014, 2013 and 2012 is as follows:



(In Thousands)	Year Ended				Year Ended				Year Ended
	December 31, 2014				December 31, 2013				December 31, 2012
Balance - Beginning of Period	$	(19,559	)		$	(13,481	)		$	(13,682	)
Increase	(10,290		)		(6,078		)		—

Decrease	—				—				201

Balance - End of Period	$	(29,849	)		$	(19,559	)		$	(13,481	)


The Company is subject to the accounting guidance for uncertain income tax positions as of January 1, 2007. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company's financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to the accounting guidance. In addition, the Company did not record a cumulative effect adjustment related to the adoption of the accounting guidance for uncertain income tax positions.

The Company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense. The Company had no unrecognized tax benefits accrued at December 31, 2014, 2013 or 2012.

The Company files income tax returns in the U.S. federal jurisdiction, and the state of Colorado for the year ended December 31, 2012. As of 2013, the Company filed only in the U.S. federal jurisdiction. As of December 31, 2014, the Company is no longer subject to examination of its U.S. consolidated federal income tax returns filed for years ended prior to 2012. The IRS completed its examination of the consolidated federal income tax return for the 2011 tax year during 2014 and no tax adjustments were proposed.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES

	Litigation

	The Company is party to routine lawsuits arising from the normal operations of a casino or hotel. We do not believe that the outcome of such litigation, in the aggregate, will have a material adverse effect on the financial position, results of operations, or cash flows of the Company. As of December 31, 2014, the Company had no commitments or contingencies that are not already accounted for in the consolidated financial statements or disclosed in the accompanying Notes.

	Concentrations of Labor Subject to Collective Bargaining Agreements

	As of December 31, 2014, Riviera Hotel & Casino had an aggregate of 1,063 employees and had collective bargaining contracts with eight unions covering 699 employees, including food and beverage employees, rooms department employees, carpenters, engineers, stagehands, electricians and painters. Our agreements with the Painters’ Union, Carpenters’ Union and Teamsters Union, which cover both front of house and back of house employees, have expiration dates in 2018. Our Electrician Union agreement, which was renewed in 2012 has an expiration date in 2015. An agreement with the Southern Nevada Culinary and Bartenders Union for a new collective bargaining agreement, which covers the majority of our unionized employees, was reached in 2014 that has an expiration date in 2018. Our agreement with the Stagehands Union was renewed in 2013 and extended until May of 2014. Our Operating Engineers Union agreement was renewed in 2009 and expired in 2011. We are currently operating under the terms of the expired agreements with both the Stagehands and Operating Engineers Unions. Our collective bargaining agreement with the Musicians Union expired in 1999. During 2011, we eliminated all musician positions as we had no shows requiring them. We entered into an agreement with the Musicians Union whereby the Musicians Union was eliminated and the Musicians Union agreement terminated on January 1, 2015. Due to the Business Closure, we are engaged in Effect Bargaining negotiations with our unions. The Riviera Hotel & Casino considers its employee relations to be satisfactory. There can be no assurance, however, that new agreements will be reached without union action or on terms satisfactory to Riviera Hotel & Casino.

	Environmental Contingencies

	In 2002, Riviera Hotel & Casino experienced a diesel leak. Our continuing efforts to monitor the effects of this leak have been affected by construction at neighboring projects. We are continuing to monitor this matter. In order to come to final resolution regarding this issue with the Nevada Department of Environmental Protection, we may be required to take remediation steps including the excavation of the affected area, losses from which would not be recoverable through insurance, indemnification arrangements, or other sources. We are unable to estimate the cost of remediation at the present time. The Purchase Agreement provides that the environmental liabilities associated with the diesel leak are the responsibility of the Buyer at the time Buyer takes possession of the Property.

STOCKHOLDERS_EQUITY

STOCKHOLDERS EQUITY	12 Months Ended
STOCKHOLDERS EQUITY	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
STOCKHOLDERS EQUITY	STOCKHOLDERS EQUITY

	Common Stock

	The Company is authorized to issue up to 10,000,011 shares of common stock, consisting of (i) 10 Class A Shares, par value $0.001 per share (the “Class A Voting Common Stock”), and (ii) 10,000,001 Class B Shares, par value $0.001 per share (the “Class B Non-Voting Common Stock”), of which 10 shares of Class A Voting Common Stock, and 9,305,541 shares of Class B Non-Voting Common Stock were issued and outstanding as of December 31, 2014.

	The Company, Riviera Voteco, L.L.C., the stockholder holding 100% of the Class A Voting Common Stock, and certain stockholders holding a majority of the Class B Non-Voting Common Stock entered into a Stockholders Agreement on April 1, 2011 (the “Stockholders Agreement”). The Stockholders Agreement, among other things, contemplates an agreed composition of the Company’s Board of Directors and prohibits the transfer of the Class A Voting Common Stock and Class B Non-Voting Common Stock unless Riviera Voteco, L.L.C. determines that such transfer is not to a person who is a competitor of, or otherwise adverse to, the Company, and the Company is reasonably satisfied that such transfer will comply with certain requirements relating to securities, regulatory and other specified laws. Any purported transfer of the Class A Voting Common Stock and Class B Non-Voting Common Stock will be null and void if not made in compliance with all applicable gaming laws and following receipt of all required gaming approvals. The Stockholders Agreement also subjects transfers of Class B Non-Voting Common Stock, other than to certain affiliated transferees, to specified tag-along rights, drag-along rights, and a right of first offer. In addition, the Stockholders Agreement contains agreements among the parties with respect to certain governance matters, including director appointment and board observer rights, restrictions on the issuance of shares of Class A Voting Common Stock, Class B Non-Voting Common Stock and other equity securities of the Company or other rights convertible into or to acquire such securities, restrictions on distributions, repurchases and pledges of Class B Non-Voting Common Stock, registration rights with respect to holders of Class B Non-Voting Common Stock, rights to indemnification and contribution and provisions related to conflicts of interests and transactions with affiliates.

	Preferred Stock

	We are authorized to issue up to 500,000 shares of preferred stock, $0.01 par value per share, of which none were issued as of December 31, 2014. Our Board of Directors, without further action by the holders of common stock, may issue shares of preferred stock in one or more classes or series and to fix for each such class or series such voting powers, preferences and relative participating, optional or other special rights, and such qualifications, limitations or restrictions thereof. Our Board of Directors, without further stockholder approval, may issue shares of preferred stock with rights that could adversely affect the rights of the holders of common stock.

	Warrants

	Creditors under our $245 million Credit Agreement, dated June 8, 2007 that ceased to be in effect on April 1, 2011 upon consummation of the Plan, who elected to participate in the designated new money investment and Working Capital Facility received warrants exercisable into Class B Non-Voting Common Stock (the “Class B Warrants”) to purchase an aggregate of 950,001 shares of our Class B Non-Voting Common Stock. The Class B Warrants do not have a stated term; the stated exercise price is $0.01 per exercise. The Company evaluated the Class B Warrants under current accounting pronouncements and determined they were properly classified as equity on the accompanying consolidated balance sheet. The Company valued the shares of Class B Non-Voting Common Stock with attached Class B Warrants using the Chaffee option valuation model assuming a life of 1 and 1.5 years, volatility factors of 48.5% and 53.18%, risk free rates of 0.27% and 0.54% and implied discounts for lack of marketability of 20% and 25%, respectively. The resulting value of the Class B Non-Voting Common Stock (with attached Class B Warrants) for future holders of, or current stockholders viewed as having an indirect interest in, Class A Voting Common Stock held by Riviera Voteco, L.L.C. for accounting purposes is $17.72 per share. The resulting value of the Class B Non-Voting Common Stock (with attached Class B Warrants) for holders of warrants exercisable into membership interests in Riviera Voteco, L.L.C. is $16.61 per share.

	On May 23, 2014, one holder of our Class B Warrants exercised its Class B Warrant in full at the individual warrant exercise price of $0.01 (total stated aggregate exercise price of $0.01) and we issued to the holder 96,283 shares of Class B Non-Voting Common Stock. On August 19, 2014, two holders of our Class B Warrants exercised their Class B Warrants in full at the individual warrant exercise price of $0.01 (total stated aggregate exercise price of $0.05) and we issued to the holders an aggregate of 170,223 shares of Class B Non-Voting Common Stock.

	As of December 31, 2014 and 2013, warrants exercisable into 194,460 shares and 460,965 shares of Class B Non-Voting Common Stock with a total value of $3.2 million and $7.7 million remained unexercised, respectively.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS

	On September 29, 2011, RHC, ROC and Riviera Black Hawk, Inc. (“RBH”), entered into a Stock Purchase Agreement with Monarch Casino and Resorts, Inc., a Nevada corporation, and its wholly-owned subsidiary Monarch Growth Inc., a Nevada corporation (collectively, the “Buyer”), pursuant to which the Buyer agreed to purchase the Company’s casino in Black Hawk, Colorado by acquiring all of the issued and outstanding shares of common stock of RBH. This transaction was completed on April 26, 2012. The Buyer paid $76 million for the stock, subject to certain post-closing working capital adjustments. At the closing, the ROC paid or satisfied substantially all of RBH’s indebtedness and was required to leave at least $2.1 million of working capital, including at least $2.1 million of “cage cash” (as defined in the Stock Purchase Agreement). RBH is presented as a discontinued operation in the accompanying statement of operations through the date the transaction was completed. The sale of RBH closed on April 26, 2012.

	Operating results of discontinued operations are summarized as follows (in thousands):


		Year Ended
		December 31, 2012
	Net revenues	$	12,686

	Operating costs and expenses	11,137

	Income from operations	1,549

	Gain on Disposal	25,387

	Income tax expense	(9,697		)
	Net income	$	17,239

EMPLOYEE_BENEFIT_PLANS

EMPLOYEE BENEFIT PLANS

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

EMPLOYMENT BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

Pension Plan Contributions — the Company contributes to multi-employer pension plans under various union agreements in Las Vegas to which the Company is a party. Contributions, based on wages paid to covered employees for the years ended December 31, 2014, 2013 and 2012 was approximately $2,032,000, $1,533,000 and $1,582,000, respectively.

The status of pension plan funding for each of our collective bargaining unit employees is outlined in the table below:

Funding Improvement

Company Contributions

Plan (FP)/

(in thousands)

Employer

Pension Protection

Rehabilitation

Year

Act Zone Status

Plan (RP)

Ended

Plan

Identification

Expiration

Plan Year

Pending/Implemented

December 31,

Pension Plan Legal Name

Number

Date

2014

2013

(Yes or No)

2014

2013

2012

Southern Nevada Culinary Workers and Bartenders Pension Plan Trust

88-6016617

5/31/18

Green

1,045

684

794

Nevada Resort Association — I.A.T.S.E. Local 720 Pension Trust

51-0144767

5/31/12

Green

Western Conference of Teamsters Pension Trust

91-0681009

3/31/18

Green

401

332

340

Central Pension Fund of the International Union of Operating Engineers and Participating Employers

36-6052390

5/31/11

Green

Yellow

234

239

238

Southwest Carpenters Joint Trust Fund

95-6042875

7/31/18

Green

150

108

National Electrical Benefit Fund

88-6023284

7/31/15

Green

International Painters and Allied Trades Industry Pension Fund

52-0853800

5/31/18

Yellow

Implemented-FP

115

114

Total Contributions

2,032

1,533

1,582

Self insurance

The Company is self insured for workers’ compensation for its union and nonunion employees, with a loss limit of $0.5 million per individual claim. The workers’ compensation liability for claims filed and estimates of claims incurred but not reported was $192,173 and $372,773 as of December 31, 2014 and 2013, respectively. The liability is included in accrued expenses.

Profit Sharing and 401(k) Plans

The Company maintains profit sharing and 401(k) plans for employees of Riviera Hotel & Casino who are at least 21 years of age and who are not covered by a collective bargaining agreement; employees are eligible to participate in these plans after 90 days of service.

Effective January 1, 2009, the Company suspended the Company match to the 401(k) plan. As a result, the Company made no matching contributions for the years ended December 31, 2014, 2013 and 2012 or any periods therein.

Due to the Business Closure, the Company plans to terminate its 401(k) plan effective May 4, 2015.

In March 2014, as a result of an SEC Administrative Proceeding against a former investment fund option in our 401(k) plan, the Company received and disbursed $67,963 to current 401(k) participants.

GUARANTOR_INFORMATION

GUARANTOR INFORMATION	12 Months Ended
GUARANTOR INFORMATION	Dec. 31, 2014
Guarantees [Abstract]
GUARANTOR INFORMATION	GUARANTOR INFORMATION

	As of December 31, 2014, the obligations under the Series A Credit Agreement and the Series B Credit Agreement are guaranteed by ROC. These guaranties are full, unconditional, and joint and several.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2014
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS

	The Company had no related party transactions during 2014 or 2013.

	In the second quarter of 2012, the Company paid $120,000 of stockholder expense as a return of capital recorded through equity. Additionally, we reclassified $977,000 that was previously recorded as a receivable from a stockholder as a return of capital recorded through equity.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS

	Sale of Substantially All Assets and Termination of Business

	On February 20, 2015, the Company entered into, and simultaneously closed, the Purchase Agreement with Las Vegas Convention and Visitors Authority, a local governmental entity of the State of Nevada. Pursuant to the Purchase Agreement, Buyer purchased certain assets of the Company, including the real property located at 2901 Las Vegas Boulevard South, Las Vegas, Nevada 89109 and all structures and improvements located on the property, and certain other assets for a total purchase price of up to $182.5 million.

	The Purchase Agreement generally provides that the Company will terminate its business operations within 180 days of the close of the Transaction. The Company will be responsible for the Business Closure, and the Buyer will take possession of the Property once there are only minimal assets remaining on the premises. A portion of the Purchase Price has been deposited with a third-party escrow agent under an Escrow Agreement. Part of the escrowed amounts will be released to the Company upon completion of the Business Closure, while a larger portion will be available to pay the costs of the Business Closure, as discussed more fully in the Purchase Agreement.

	In order to provide the Company with access to the Property and time to complete the Business Closure, at the close of the Transaction, ROC and the Buyer entered into a Lease Agreement, pursuant to which ROC leases the Property from the Buyer for the sole purpose of winding down operations. The Lease will be in effect for the duration of the Business Closure and will expire automatically when the Business Closure is complete. In addition, the Company has guaranteed the payment and performance of ROC’s obligations under the Lease by executing a Lease Guaranty concurrently with ROC’s execution of the Lease and the closing of the Transaction.

	The Company entered into a Business Closure Agreement with Paragon Riviera LLC, a Nevada limited liability company, on February 20, 2015. Paragon previously managed the operations of the Company pursuant to the Management Agreement (defined below). Pursuant to the Closure Agreement, Paragon will conduct operations for and on behalf of ROC and will effect the Business Closure. Paragon will receive a monthly fee in connection with the Closure Agreement. The Company and Paragon were previously parties to the Resort Management Agreement, dated as of June 21, 2013, pursuant to which Paragon provided oversight of the executive level management at the Company and provided financial, marketing, business and organizational strategy services. The term of the Management Agreement was two years from the date of execution, unless earlier terminated in accordance with its terms and conditions. The Management Agreement was terminated prior to its expiration date upon the closing of the Transaction and the execution of the Closure Agreement. Paragon will receive certain fees in connection with the termination of the Management Agreement.

	Promptly after the closing of the Transaction, the Company repaid all outstanding indebtedness owed under (i) the Series A Credit Agreement, dated as of April 1, 2011, by and among the Company, as borrower, certain subsidiaries of the Company, as guarantors, Cantor Fitzgerald Securities, as administrative agent, and the lenders party thereto, and (ii) the Series B Credit Agreement, dated as of April 1, 2011, by and among the Company, as borrower, certain subsidiaries of the Company, as guarantors, Cantor Fitzgerald Securities, as administrative agent, and the lenders party thereto. The terms of the Series A Credit Agreement and the Series B Credit Agreement are described in Note 9 to the consolidated financial statements.

	On March 11, 2015, the Company announced the expected closure date of the Riviera Hotel & Casino as May 4, 2015 at noon.

	Assets Held For Sale

	ASC 360-10-45-9 requires that a long-lived asset (disposal group) to be sold shall be classified as held for sale in the period in which a set of criteria have been met, including criteria that the sale of the asset (disposal group) is probable and actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. As there were substantive outstanding issues under negotiation among the parties to the Purchase Agreement near the closing date, all criteria were determined to be in place on February 12, 2015. Under ASC 360-10-45-13, as the criteria under ASC 360-10-45-9 were met after December 31, 2014, but before the financial statements were issued or were available to be issued, a long-lived asset shall continue to be classified as held and used in those financial statements when issued or when available to be issued.

	Warrants

	On February 12, 2015, three holders of our Class B Warrants exercised their Class B Warrants in full at the individual warrant exercise price of $0.01 (total stated aggregate exercise price of $0.03) and we issued to the holders an aggregate of 71,291 shares of Class B Non-Voting Common Stock as a result.

	On February 13, 2015, one holder of our Class B Warrants exercised its Class B Warrant at the individual warrant exercise price of $0.01 (total stated aggregate exercise price of $0.01) and we issued to the holder 43,150 shares of Class B Non-Voting Common Stock as a result.

	Liquidating Dividends

	On February 23, 2015, after the closing of the Transaction, the Company paid liquidating dividends to its Class B Non-Voting Common Stock stockholders holding an aggregate of 9,419,982 shares in the aggregate amount of $90,997,026.

SELECTED_QUARTERLY_FINANCIAL_I

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

	The following table shows financial data for the periods indicated (In thousands except for per share data):



		Quarter Ended
		31-Mar			30-Jun		30-Sep		31-Dec
	2014
	Net Revenues	$	21,729		20,830		20,647		19,683

	Operating Income (Loss)	$	709		(1,369	)	(3,028	)	(1,720	)

	Net Loss	$	(2,282	)	(4,499	)	(6,281	)	(5,117	)

	Basic loss per share	$	(0.25	)	(0.50	)	(0.68	)	(0.55	)

	Diluted loss per share	$	(0.25	)	(0.50	)	(0.68	)	(0.55	)


	2013

	Net Revenues	$	14,886		15,714		18,802		17,158

	Operating Loss	$	(4,884	)	(4,604	)	(2,785	)	(3,262	)

	Net Loss	$	(7,549	)	(7,376	)	(5,664	)	(6,122	)

	Basic loss per share	$	(0.84	)	(0.82	)	(0.63	)	(0.67	)

	Diluted loss per share	$	(0.84	)	(0.82	)	(0.63	)	(0.67	)

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Policy)	12 Months Ended
	Dec. 31, 2014
Nature of Operations	Nature of Operations

	Riviera Holdings Corporation (“RHC”) and its wholly-owned subsidiary Riviera Operating Corporation (“ROC”) (RHC and ROC, together with ROC’s wholly-owned subsidiaries, the “Company”), were incorporated on January 27, 1993, in order to acquire all assets and liabilities of Riviera, Inc. Casino-Hotel Division on June 30, 1993, pursuant to a plan of reorganization. The Company operates the Riviera Hotel & Casino on the Strip in Las Vegas, Nevada.

	On February 20, 2015, the Company entered into, and simultaneously closed the initial transactions contemplated by, an Asset Purchase Agreement (the “Purchase Agreement”) with Las Vegas Convention and Visitors Authority, a local governmental entity of the State of Nevada (the “Buyer”). Pursuant to the Purchase Agreement, Buyer purchased certain assets of the Company, including the real property located at 2901 Las Vegas Boulevard South, Las Vegas, Nevada 89109 and all structures and improvements located on the property (collectively, the “Property”), and certain other assets (the “Transaction”) for a total purchase price of up to $182.5 million (the “Purchase Price”).

	The Purchase Agreement generally provides that the Company will terminate it business operations within 180 days of the close of the Transaction (the “Business Closure”). The Company will be responsible for the Business Closure, and the Buyer will take possession of the Property once there are only minimal assets remaining on the premises. A portion of the Purchase Price has been deposited with a third-party escrow agent under an Escrow Agreement (the “Escrow Agreement”). Part of the escrowed amounts will be released to the Company upon completion of the Business Closure, while a larger portion will be available to pay the costs of the Business Closure, as discussed more fully in the Purchase Agreement.

	ASC 360-10-45-9 requires that a long-lived asset (disposal group) to be sold shall be classified as held for sale in the period in which a set of criteria have been met, including criteria that the sale of the asset (disposal group) is probable and actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. All criteria were determined to be in place on February 12, 2015. Under ASC 360-10-45-13, as the criteria under ASC 360-10-45-9 were met after December 31, 2014, but before the financial statements were issued or were available to be issued, a long-lived asset shall continue to be classified as held and used in those financial statements when issued or when available to be issued.

	The Company owned and operated the Riviera Black Hawk Casino (“Riviera Black Hawk”) in Black Hawk, Colorado until its sale on April 26, 2012, which is presented as discontinued operations in the accompanying statements of operations and comprehensive loss as a result of the Stock Purchase Agreement entered into on September 29, 2011.

	In 2010, the Company filed for bankruptcy and entered into a plan for reorganization. Accordingly, on April 1, 2011, the Company adopted the “fresh-start” provisions in accordance with accounting guidance on reorganizations, which require that all assets and liabilities be recorded at their reorganization values and fair values, respectively. Certain of these values differed materially from the values recorded on Predecessor’s balance sheet as of March 31, 2011.

	The Company’s operations are subject to extensive regulation in the states of Nevada and Colorado (prior to RBH being sold on April 26, 2012) by the respective gaming authorities and various other state and local regulatory agencies. Our management believes that the Company’s procedures comply, in all material respects, with the applicable regulations for supervising casino operations, recording casino and other revenues, and granting credit.
Principles of Consolidation	Principles of Consolidation

	The accompanying consolidated financial statements include the accounts of RHC and its direct wholly-owned subsidiary. With the presentation of RBH as a discontinued operation (as discussed in Note 14), the Company has one reporting segment. All inter-company accounts and transactions have been eliminated.

	We have reclassified certain amounts in prior-period Notes to conform to the current period’s presentation. Specifically, the Company changed the presentation in Note 4 to separately present construction in progress, as well as changed the presentation in Note 7 to separately present certain accrued liabilities
Liquidity	Liquidity

	The Company had $54.6 million in cash and cash equivalents and $0.4 million in restricted cash as of December 31, 2014. Additionally, effective April 1, 2011 and until June 30, 2012, the Company had the ability to draw up to $10 million against a Working Capital Facility (as defined in Note 9). However, due to the default under the Series A Credit Agreement (as defined in Note 9) and the Series B Credit Agreement (as defined in Note 9), we did not have the ability to draw any additional funds under the Working Capital Facility beginning on June 30, 2012 and as of each subsequent quarter, including as of December 31, 2014. The terms of the Series A Credit Agreement and the Series B Credit Agreement are described in Note 9 to the consolidated financial statements.
Going Concern	Going Concern

	The accompanying consolidated financial statements are prepared assuming that the Company will continue as a going concern and contemplates the realization of assets and satisfaction of liabilities in the ordinary course of business.

	Subsequent to emergence from bankruptcy, the Company has generated net losses from continuing operations before income tax benefits of $18.2 million, $26.8 million and $56.6 million for the years ended December 31, 2014, 2013 and 2012, respectively, and has an accumulated deficit of $89.4 million at December 31, 2014. The Company has total cash and cash equivalents of $54.6 million and a net working-capital deficit of $48.2 million at December 31, 2014. The net working-capital deficit includes $50.0 million of the Company’s Series A Credit Agreement and $39.9 millionof the Company’s Series B Credit Agreement (collectively, the “Credit Agreements”), both of which are classified as currently payable due to the defaults discussed below.

	In connection with the Credit Agreements, we agreed to several affirmative and negative covenants. During 2014, the Company did not comply with all of the affirmative and negative covenants, and is in default as of December 31, 2014 (see Note 9).

	The conditions and events described above raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

	As more fully disclosed in Note 18 to the financial statements, on February 20, 2015, the Company entered into, and simultaneously closed the initial transactions contemplated by, the Purchase Agreement. Pursuant to the Purchase Agreement, Buyer purchased certain assets of the Company, including the Property, and certain other assets. The Asset Purchase Agreement provides that the Company will terminate its operations within 180 days of the close of the transaction or June 23, 2015. The Company will be responsible for the Business Closure, and Buyer will take possession of the property once there are only minimal assets remaining on the premises. Proceeds from the sale were used to repay the Series A and Series B Credit Agreement principal amounts and accrued interest.
Discontinued Operations	Discontinued Operations

	On September 29, 2011, the Company entered into an agreement to sell all of the issued and outstanding shares of common stock of RBH. As a result, as discussed above, RBH is presented as a discontinued operation in the accompanying consolidated statements of operations, with the assets and liabilities of RBH presented as held for sale in the accompanying consolidated balance sheets through the sale date of April 26, 2012. Under the general accounting provisions of ASC Topic 230-10-45-24, for purposes of reporting cash flows from discontinued operations, we combine the cash flows from discontinued operations with cash flows from continuing operations within each cash flow statement category. As such, cash flows of the discontinued operation have not been segregated from the cash flows of continuing operations on the accompanying consolidated statements of cash flows for the year ended December 31, 2012.
Cash and Cash Equivalents	Cash and Cash Equivalents

	Amounts classified as cash and cash equivalents included cash held in our bank accounts and cash on-hand for operating purposes.
Restricted Cash	Restricted Cash

	As of December 31, 2014 and 2013, a security deposit in the amount of $354,000 and $441,600 , respectively, remains held for the benefit of the State of Nevada Workers’ Compensation Division as a requirement of our being self-insured for workers’ compensation.

	As of December 31, 2013, $38.9 million of the purchase price proceeds in the sale of RBH was being held in a segregated deposit account. On April 28, 2014, the Company requested and received approval from the Required Lenders, as defined in each of the Series A Credit Agreement and the Series B Credit Agreement, to withdraw the full amount, $38.9 million, held in the Company’s segregated cash account for working capital purposes.
Accounts Receivable and Credit Risk	Accounts Receivable and Credit Risk

	Financial instruments that subject the Company to credit risk consist of cash equivalents and accounts receivable.

	The Company's policy is to limit the amount of credit exposure to any one financial institution, and place investments with financial institutions evaluated as being creditworthy, or in short-term money market and tax-free bond funds which are exposed to minimal interest rate and credit risk. The Company has bank deposits and overnight repurchase agreements that exceed federally-insured limits.

	Concentration of credit risk, with respect to casino receivables, is limited through the Company's credit evaluation process. The Company issues markers to approved casino customers only following credit checks and investigations of creditworthiness.

	Accounts receivable are written off when management determines that an account is uncollectible. Recoveries of accounts previously written off are recorded when received. An allowance for doubtful accounts is determined to reduce the Company's receivables to their carrying value, which approximates fair value. The allowance is estimated based on historical collection experience, specific review of individual customer accounts, and current economic and business conditions.
Inventories	Inventories

	Inventories consist primarily of food, beverage, retail and promotional merchandise and are stated at the lower of cost (determined on a first-in, first-out basis) or market.
Property and Equipment	Property and Equipment

	Property and equipment are stated at cost, and capitalized lease assets are stated at the present value of future minimum lease payments at the date of lease inception. Depreciation is computed by the straight-line method over the shorter of the estimated useful life or lease term, if applicable, of the related asset with lives ranging from:


	Buildings and improvements	7 to 40 years
	Land improvements	15 to 20 years
	Furniture, fixtures and equipment	3 to 7 years

	For assets to be disposed of, we recognize the asset to be sold at the lower of carrying value or fair market value less costs of disposal. Fair market value for assets to be disposed of is generally estimated based on comparable asset sales, solicited offers or a discounted cash flow model. For assets to be held and used, we periodically assess the recoverability of property and equipment and evaluate such assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. As an indicator of impairment existed as of October 1, 2014, we compared the estimated future cash flows of the asset, on an undiscounted basis, to the carrying value of the asset. The undiscounted cash flows exceeded the carrying value, and an impairment charge was not required. There were no asset impairment charges in 2014, 2013 and 2012.
Other Long Term Assets	Other Long Term Assets

	Other long term assets include deferred loan offering costs, which are amortized over the estimated life of the debt using the straight line method which approximates the effective interest rate method. Such amortized costs are included in interest expense. Other long term assets also includes base stocks of china, glassware, kitchenware and utensils, with subsequently purchased items expensed at the time of purchase and placed in service, as well as other miscellaneous deposits.
Goodwill and Intangible Assets	Goodwill and Intangible Assets

	Goodwill represents the excess of total acquisition costs over the fair market value of net assets acquired and liabilities assumed in a business combination. The Company recorded goodwill of $24.8 million upon the application of fresh-start reporting in 2011. For the year ended December 31, 2012, management concluded indicators of goodwill impairment existed and, as required by ASC Topic 350, recorded a $24.8 million impairment charge to write off the entire goodwill balance.

	In connection with the adoption of fresh-start reporting in 2011, the Company recognized $2.4 million in a trade name related to the Riviera name, which is being amortized on a straight-line basis over fifteen years. Customer lists were valued at $1.4 million, representing the value associated with our customers under our customer loyalty programs and is being amortized on a straight-line basis over five years. Other intangibles of $2.5 million include the value of software which is being amortized on a straight-line basis over fifteen years.
Income Taxes	Income Taxes

	The Company is subject to income taxes in the United States. Authoritative guidance for accounting for income taxes requires that we account for income taxes by recognizing deferred tax assets, net of applicable reserves, and deferred tax liabilities for the estimated future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases, operating losses and tax credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on the income tax provision and deferred tax assets and liabilities is recognized in the results of operations in the period that includes the enactment date. Authoritative guidance for accounting for income taxes also requires that we perform an assessment of positive and negative evidence regarding the realization of the deferred tax assets. This assessment includes the evaluation of the future reversal of temporary tax differences, the nature and frequency of current and cumulative losses, forecasts of future taxable income and implementation of tax planning strategies. The Company reduces the carrying amounts of deferred tax assets by a valuation allowance if it is determined that, more likely than not, the Company will be unable to realize such assets. Such assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, the Company’s forecasts of future profitability, the duration of statutory carryforward periods, and experience with the utilization of operating loss and tax credit carryforwards before expiration.

	Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. Authoritative guidance regarding uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more-likely-than-not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits, of being sustained on examination. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes
Long-Term Debt	Long-Term Debt

	The Company’s debt instruments have been classified as current obligations as further discussed in Note 9.
Fair Value Measurement	Fair Value Measurement

	The carrying values of our cash and cash equivalents, restricted cash, receivables and accounts payable approximate fair value because of the short term maturities of these instruments. The estimated fair value of the Company's long-term debt is based on quoted market prices from various banks for similar instruments, which is considered a Level 2 input under the fair value measurement hierarchy, as discussed further in Note 8.
Promotional Allowances	Promotional Allowances

	Revenues include the estimated retail value of rooms, food, beverage and entertainment provided to customers on a complimentary basis. Such amounts are then deducted as promotional allowances.
Self-Insurance Reserves	Self-Insurance Reserves

	The Company is self-insured for various levels of general liability and workers’ compensation insurance. Insurance claims and reserves include accruals of estimated settlements for known claims as well as accrued estimates of incurred but not reported claims. In estimating these costs, the Company considers its historical claims experience and makes judgments about the expected levels of costs per claim. Changes in health care costs, accident frequency and severity and other factors can materially affect the estimate for these liabilities.
Loyalty Club Program	Loyalty Club Program

	We provide our guests the opportunity to earn points redeemable for slot freeplay, complimentaries or promotions based on their level of slot gaming activities while at our properties. An accrual is recorded as points are earned based upon expected redemption rates.
Advertising	Advertising

	The costs of advertising are expensed as incurred. Advertising expense, which is generally included in other general and administrative expenses, was $1.5 million, $1.5 million and $2.3 million for the years ended December 31, 2014, 2013 and 2012, respectively.
Recently Issued Accounting Standards	Recently Issued Accounting Standards

	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers”, which is effective for fiscal years, and interim periods within those years, beginning on or after December 15, 2016. The update outlines a new, single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including revenue recognition guidance specific to the gaming industry. This new revenue recognition model provides a five-step analysis in determining when and how revenue is recognized. Additionally, the new model will require revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration a company expects to receive in exchange for those goods or services. In addition, interim and annual disclosures will be substantially revised. The Company will adopt this standard effective January 1, 2017. The Company is currently assessing the impact that adoption of this new accounting guidance will have on its consolidated financial statements and footnote disclosures.
	In August 2014, the FASB issued Accounting Standards Update No. 2014-15, “Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”, which is effective in the annual period ending after December 15, 2016, with early application permitted. The update is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. Additionally, management's evaluation is to be performed when preparing financial statements for each annual and interim reporting period and based on relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued. The Company will adopt this standard effective January 1, 2017. The Company is currently assessing the impact that adoption of this new accounting guidance will have on its consolidated financial statements and footnote disclosures.
Certain Risks and Uncertainties	Certain Risks and Uncertainties

	The Company's operations are dependent on its continued licensing by state gaming authorities. The loss of a license could have a material adverse effect on future results of operations.

	The Company is dependent on the economy of the United States in general, and any deterioration in the national economic, energy, credit and capital markets could have a material adverse effect on future results of operations.

	A significant portion of the Company’s labor force is covered by collective bargaining agreements, and a dispute with covered employees or new labor agreements may lower our revenues and increase our costs. A prolonged dispute with the covered employees could have an adverse impact on our operations. In addition, wage and/or benefit increases resulting from new labor agreements may be significant and could also have an adverse impact on our results of operations.
Loss Per Share	Loss per Share

	Basic net loss per share includes no dilution and is computed by dividing net loss by the weighted-average number of common shares outstanding for the period. Diluted net loss per share is computed by dividing net income by the weighted number of common and common-equivalent shares outstanding for the period. Due to the net loss in the periods presented, the calculation of diluted per share amounts would create an anti-dilutive result and therefore is presented as the same amounts as basic net loss per share.
Estimates and Assumptions	Estimates and Assumptions

	The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates used by the Company include estimated useful lives for depreciable and amortizable assets, certain accrued liabilities and the estimated allowances for receivables and deferred tax assets. Actual results may differ from estimates.
Casino [Member]
Revenues	Casino Revenues

	Casino revenues are measured by the aggregate net difference between gaming wins and losses, with liabilities recognized for funds deposited by customers before gaming play occurs and for chips in the customers’ possession. Hotel, food and beverage, entertainment and other operating revenues are recognized when services are performed. Advance deposits on rooms and advance ticket sales are recorded as customer deposits until services are provided to the customer.
Room, Food, Beverage, Entertainment and Other [Member]
Revenues	Room, Food, Beverage, Entertainment and Other Revenues

	The Company recognizes room, food, beverage, entertainment and other revenue at the time that goods or services are provided. Advance deposits on rooms, conventions and banquets are recorded as accrued liabilities until services are provided to the customer.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of Promotional Allowances	The estimated cost of providing these promotional allowances is reclassified to the casino department for the years ended December 31, as follows (in thousands):



		Year Ended		Year Ended		Year Ended
		December 31, 2014		December 31, 2013		December 31, 2012
	Rooms	$	1,347	$	2,171	$	3,568

	Food and Beverage	3,908		3,722		5,310

	Retail	—		13		—

	Entertainment	7		180		965

	Total	$	5,262	$	6,086	$	9,843

ACCOUNTS_RECEIVABLENET_Tables

ACCOUNTS RECEIVABLE-NET (Tables)	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Schedule of Accounts Receivable	Accounts receivable-net consist of the following at December 31 (in thousands):



		2014			2013
	Casino	$	139		$	489

	Hotel	1,874			2,805

	Total	2,013			3,294

	Less - collection allowances	(307		)	(746		)
	Accounts receivable - net	$	1,706		$	2,548

Schedule of Collection Allowances Activity	Collection allowances activity for the years ending December 31 consist of the following (in thousands):



		2014			2013
	Beginning balance	$	746		$	2,283

	Write-offs	(374		)	(1,645		)
	Recoveries	(44		)	3

	Provision for doubtful collection	(21		)	105

	Ending balance	$	307		$	746

PREPAID_EXPENSES_AND_OTHER_CUR1

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Prepaid Expenses	Prepaid expenses and other current assets consist of the following at December 31 (in thousands):



		2014		2013
	Prepaid gaming taxes	$	959	$	823

	Prepaid insurance	641		634

	Other	399		582

	Total	$	1,999	$	2,039

PROPERTY_AND_EQUIPMENTNET_Tabl

PROPERTY AND EQUIPMENT-NET (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment-net consist of the following at December 31 (in thousands):



		2014			2013
	Land and improvements	$	86,025		$	86,025

	Buildings and improvements	38,875			31,599

	Equipment, furniture, and fixtures	27,217			32,059

	Construction in progress	2,151			2,288



	Total cost	154,268			151,971

	Less - Accumulated depreciation and amortization	(21,986		)	(16,782		)

	Property and equipment - net	$	132,282		$	135,189

GOODWILL_AND_INTANGIBLE_ASSETS1

GOODWILL AND INTANGIBLE ASSETS-NET (Tables)	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets consist of the following at December 31 (in thousands):



		Estimated	2014
		life
		(years)
	Trade name	15	$	2,400

	Customer lists	5	1,400

	Software	15	2,500

	Total intangible assets		6,300

	Less accumulated amortization:

	Trade name		(600		)
	Customer lists		(1,050		)
	Software		(625		)
	Total accumulated amortization		(2,275		)
	Intangible assets, net		$	4,025

OTHER_LONG_TERM_ASSETSNET_Tabl

OTHER LONG TERM ASSETS-NET (Tables)	12 Months Ended
	Dec. 31, 2014
Other Assets, Noncurrent Disclosure [Abstract]
Schedule of Other Assets	Other long term assets-net consist of the following at December 31 (in thousands):



		2014		2013
	Deposits	$	142	$	338

	Deferred loan fees	56		135

	Base stock	1,001		1,129

	Total	$	1,199	$	1,602

ACCOUNTS_PAYABLE_AND_ACCRUED_E1

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable consists of the following at December 31 (in thousands):



		2014		2013
	Accounts payable vendors	$	3,306	$	3,881

	Customer deposits, non-gaming	919		797

	Other	846		506

	Total	$	5,071	$	5,184


	Accrued expenses consist of the following at December 31 (in thousands):



		2014		2013
	Outstanding chip and token liability	$	218	$	349

	Customer loyalty liabilities	278		318

	Progressive jackpot liabilities	538		515

	Other gaming related accruals	5		4

	Payroll and related taxes and benefits	4,561		5,174

	Property and gaming taxes	751		640

	Professional fees and customer deposits	752		600

	Advance sales/deferred income	—		14

	Total	$	7,103	$	7,614

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value of Long-term Debt	The following table presents information about the estimated fair value of the Company’s long-term debt compared with
	its carrying value (amounts in thousands):



		31-Dec-14		December 31, 2013


	Aggregate carrying amount, Series A Term Loan	$	50,000	$	50,000

	Aggregate carrying amount, Series B Term Loan	39,915		32,750

	Total aggregate carrying amount	$	89,915	$	82,750



	Aggregate fair value, Series A Term Loan	$	46,500	$	46,000

	Aggregate fair value, Series B Term Loan	33,927		27,510

	Total aggregate fair value	$	80,427	$	73,510

LONG_TERM_DEBT_Tables

LONG TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of Long Term Debt	Long-term debt consists of the following at December 31 (in thousands):



		2014			2013

	Series A Term Loan, due April 1, 2016, interest at LIBOR plus 5%, 7% at December 31, 2014	$	50,000		$	50,000


	Series B Term Loan, due April 1, 2019, interest at LIBOR plus 18% PIK, 20% at December 31, 2014	39,915			32,750


	Total debt	89,915			82,750

	Less current portion of long term debt	(89,915		)	(82,750		)
	Total long-term debt, net	$	—		$	—

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of Income Tax Benefit	Components of our benefit for income taxes from continued operations are as follows:



	(In Thousands)	Year Ended				Year Ended				Year Ended
		December 31, 2014				December 31, 2013				December 31, 2012
	Federal	$	(7	)		$	106			$	—

	State	—				—				—

	Total current	(7		)		106				—

	Federal	—				—				9,697

	State	—				—				—

	Total deferred	—				—				9,697

	Benefit for income taxes	$	(7	)		$	106			$	9,697

Reconciliation of Effective Income Tax Rate from Continuing Operations to Statutory US Federal Income Tax Rate	The effective income tax rate from continuing operations differs from the statutory US federal income tax rate as follows:



		Year Ended			Year Ended			Year Ended
		December 31, 2014			December 31, 2013			December 31, 2012
	Taxes at federal statutory rate	35	%		35	%		35	%
	State income tax, net	—	%		—	%		(0.9	)%
	Discontinued Operations	—	%		—	%		0.3	%
	FICA credit	0.4	%		(1.3	)%		0.2	%
	AMT credit	—	%		(1.9	)%		—	%
	Other, net	(0.2	)%		(2.0	)%		(0.3	)%
	Goodwill Impairment	—	%		—	%		(15.4	)%
	Non-deductible interest	(12.0	)%		(6.8	)%		(2.2	)%
	Valuation allowance	(23.3	)%		(22.6	)%		0.4	%
	Benefit for income taxes	(0.1	)%		0.4	%		17.1	%
Schedule of Net Deferred Income Tax Asset	Significant components of the Company’s net deferred income tax asset consisted of the following:



	(In Thousands)	2014				2013				2012
	Deferred Tax Assets

	Reserves and accruals	$	748			$	1,149			$	1,556

	Federal net operating loss carry forwards	38,712				29,992				24,181

	AMT and other tax credits	2,284				1,733				2,664

	Deferred interest	1,264				675				381

	Other	3				18				136

	Total before valuation allowance	43,011				33,567				28,918

	Valuation allowance	(29,849		)		(19,559		)		(13,481		)
	Total Deferred Tax Asset	13,162				14,008				15,437

	Deferred Tax Liabilities

	Prepaid expenses	(595		)		(583		)		(621		)
	Property and equipment	(33,592		)		(34,238		)		(35,417		)
	Intangibles	(1,409		)		(1,621		)		(1,833		)
	Total Deferred Tax Liability	(35,596		)		(36,442		)		(37,871		)
	Net Deferred Tax Liability	$	(22,434	)		$	(22,434	)		$	(22,434	)
Summary of Valuation Allowance	The net change in our deferred income tax valuation allowance for the years ended December 31, 2014, 2013 and 2012 is as follows:



	(In Thousands)	Year Ended				Year Ended				Year Ended
		December 31, 2014				December 31, 2013				December 31, 2012
	Balance - Beginning of Period	$	(19,559	)		$	(13,481	)		$	(13,682	)
	Increase	(10,290		)		(6,078		)		—

	Decrease	—				—				201

	Balance - End of Period	$	(29,849	)		$	(19,559	)		$	(13,481	)

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	Operating results of discontinued operations are summarized as follows (in thousands):


		Year Ended
		December 31, 2012
	Net revenues	$	12,686

	Operating costs and expenses	11,137

	Income from operations	1,549

	Gain on Disposal	25,387

	Income tax expense	(9,697		)
	Net income	$	17,239

EMPLOYEE_BENEFIT_PLANS_Tables

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Schedule of Status of Pension Plan Funding	The status of pension plan funding for each of our collective bargaining unit employees is outlined in the table below:



							Funding Improvement	Company Contributions
							Plan (FP)/	(in thousands)
			Employer		Pension Protection		Rehabilitation	Year		Year		Year
					Act Zone Status		Plan (RP)	Ended		Ended		Ended
		Plan	Identification	Expiration	Plan Year	Plan Year	Pending/Implemented	December 31,		December 31,		December 31,
	Pension Plan Legal Name	Number	Number	Date	2014	2013	(Yes or No)	2014		2013		2012
	Southern Nevada Culinary Workers and Bartenders Pension Plan Trust	1	88-6016617	5/31/18	Green	Green	No	$	1,045	$	684	$	794

	Nevada Resort Association — I.A.T.S.E. Local 720 Pension Trust	1	51-0144767	5/31/12	Green	Green	No	72		41		83

	Western Conference of Teamsters Pension Trust	1	91-0681009	3/31/18	Green	Green	No	401		332		340

	Central Pension Fund of the International Union of Operating Engineers and Participating Employers	1	36-6052390	5/31/11	Green	Yellow	No	234		239		238

	Southwest Carpenters Joint Trust Fund	1	95-6042875	7/31/18	Green	Green	No	150		108		51

	National Electrical Benefit Fund	1	88-6023284	7/31/15	Green	Green	No	15		15		13

	International Painters and Allied Trades Industry Pension Fund	1	52-0853800	5/31/18	Yellow	Yellow	Implemented-FP	115		114		63

	Total Contributions							$	2,032	$	1,533	$	1,582

SELECTED_QUARTERLY_FINANCIAL_I1

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	The following table shows financial data for the periods indicated (In thousands except for per share data):



		Quarter Ended
		31-Mar			30-Jun		30-Sep		31-Dec
	2014
	Net Revenues	$	21,729		20,830		20,647		19,683

	Operating Income (Loss)	$	709		(1,369	)	(3,028	)	(1,720	)

	Net Loss	$	(2,282	)	(4,499	)	(6,281	)	(5,117	)

	Basic loss per share	$	(0.25	)	(0.50	)	(0.68	)	(0.55	)

	Diluted loss per share	$	(0.25	)	(0.50	)	(0.68	)	(0.55	)


	2013

	Net Revenues	$	14,886		15,714		18,802		17,158

	Operating Loss	$	(4,884	)	(4,604	)	(2,785	)	(3,262	)

	Net Loss	$	(7,549	)	(7,376	)	(5,664	)	(6,122	)

	Basic loss per share	$	(0.84	)	(0.82	)	(0.63	)	(0.67	)

	Diluted loss per share	$	(0.84	)	(0.82	)	(0.63	)	(0.67	)

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Nature of Operations) (Details) (USD $)	12 Months Ended	0 Months Ended
	Dec. 31, 2014	Feb. 20, 2015	Mar. 31, 2011
Long Lived Assets Held-for-sale [Line Items]
Entity incorporation date with wholly-owned subsidiary	27-Jan-93
Acquisition of all assets and liabilities of Riviera, Inc. Casino-Hotel Division	30-Jun-93
Goodwill			$24,800,000
Goodwill impairment	24,800,000
Intangible assets	6,300,000
Subsequent Event [Member]
Long Lived Assets Held-for-sale [Line Items]
Purchase price of property at 2901 Las Vegas Boulevard South		182,500,000
Purchase agreement, business termination period		180 days
Trade Name [Member]
Long Lived Assets Held-for-sale [Line Items]
Estimated useful lives of intangible assets	15 years
Intangible assets	2,400,000		2,400,000
Customer Lists [Member]
Long Lived Assets Held-for-sale [Line Items]
Estimated useful lives of intangible assets	5 years
Intangible assets	1,400,000		1,400,000
Software [Member]
Long Lived Assets Held-for-sale [Line Items]
Estimated useful lives of intangible assets	15 years
Intangible assets	$2,500,000		$2,500,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Basis of Presentation) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Apr. 01, 2011
Nature of Operations, Principles of Consolidation, and Accounting for Reorganization
Cash and cash equivalents including restricted	$54,600,000
Restricted cash and cash equivalents	400,000
Advertising
Advertising expense	1,500,000	1,500,000	2,300,000
Working Capital Facility [Member]
Nature of Operations, Principles of Consolidation, and Accounting for Reorganization
Line of credit facility borrowing capacity	$10,000,000			$10,000,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION - Going Concern (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Net loss from continuing operations before income tax benefit	($18,172,000)	($26,817,000)	($56,563,000)
Accumulated deficit	-89,437,000	-71,258,000
Cash and cash equivalents	54,612,000	20,738,000	13,914,000	20,762,000
Net working-capital deficit	48,200,000
Long-term debt	89,915,000	82,750,000
Series A Term Loan [Member]
Debt Instrument [Line Items]
Long-term debt	50,000,000	50,000,000
Series B Term Loan [Member]
Debt Instrument [Line Items]
Long-term debt	$39,915,000	$32,750,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Additional Information) (Details) (USD $)	0 Months Ended	12 Months Ended
	Apr. 28, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Apr. 28, 2014	financial_institution	Dec. 31, 2013	Dec. 31, 2012
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash		$354,000	$39,327,000
Withdrawal of restricted cash for working capital purposes	-38,900,000	-38,973,000	-23,283,000	60,058,000
Credit exposure limit, number of financial institutions		1
Held for Benefit of State of Nevada Workers Compensation Division [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash		354,000	441,600
Escrow Account Deposit for Indemnification Obligation [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash			$38,900,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Property and Equipment) (Details)	12 Months Ended
	Dec. 31, 2014
Building and improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years
Building and improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	40 years
Land Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	15 years
Land Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	20 years
Equipment, furniture, and fixtures [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Equipment, furniture, and fixtures [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years

SUMMARY_OF_SIGNIFICANT_ACCOUNT8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Schedule of Promotional Allowances) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Product Information [Line Items]
Promotional Allowances	$5,594	$6,289	$9,919
Casino Department [Member]
Product Information [Line Items]
Promotional Allowances	5,262	6,086	9,843
Rooms [Member]
Product Information [Line Items]
Promotional Allowances	1,347	2,171	3,568
Food and Beverage [Member]
Product Information [Line Items]
Promotional Allowances	3,908	3,722	5,310
Retail [Member]
Product Information [Line Items]
Promotional Allowances	0	13	0
Entertainment [Member]
Product Information [Line Items]
Promotional Allowances	$7	$180	$965

ACCOUNTS_RECEIVABLENET_Details

ACCOUNTS RECEIVABLE-NET (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Accounts receivable:
Total	$2,013	$3,294
Less - collection allowances	-307	-746
Accounts receivable - net	1,706	2,548
Collection allowances activity:
Beginning balance	746	2,283
Write-offs	-374	-1,645
Recoveries	-44	3
Provision for doubtful collection	-21	105
Ending balance	307	746
Casino [Member]
Accounts receivable:
Total	139	489
Hotel [Member]
Accounts receivable:
Total	$1,874	$2,805

PREPAID_EXPENSES_AND_OTHER_CUR2

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid gaming taxes	$959	$823
Prepaid insurance	641	634
Other	399	582
Total	$1,999	$2,039

PROPERTY_AND_EQUIPMENTNET_Deta

PROPERTY AND EQUIPMENT-NET (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Total cost	$154,268,000	$151,971,000
Less - Accumulated depreciation and amortization	-21,986,000	-16,782,000
Property and equipment - net	132,282,000	135,189,000
Assets recorded under capital leases	600,000	600,000
Accumulated depreciation of assets recorded under capital leases	300,000	200,000
Land and improvements [Member]
Property, Plant and Equipment [Line Items]
Total cost	86,025,000	86,025,000
Building and improvements [Member]
Property, Plant and Equipment [Line Items]
Total cost	38,875,000	31,599,000
Equipment, furniture, and fixtures [Member]
Property, Plant and Equipment [Line Items]
Total cost	27,217,000	32,059,000
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Total cost	$2,151,000	$2,288,000

GOODWILL_AND_INTANGIBLE_ASSETS2

GOODWILL AND INTANGIBLE ASSETS-NET (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2011
Finite-Lived Intangible Assets [Line Items]
Goodwill		$24,800,000
Goodwill impairment	24,800,000
Royalty rate	1.00%
Discount rate	16.00%
Amortization expense	607,000
Estimated annual amortization expense for intangible assets, 2015	600,000
Estimated annual amortization expense for intangible assets, 2016	400,000
Estimated annual amortization expense for intangible assets, 2017	300,000
Estimated annual amortization expense for intangible assets, 2018	300,000
Estimated annual amortization expense for intangible assets, 2019	$300,000
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of intangible assets	15 years
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of intangible assets	5 years
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of intangible assets	15 years

GOODWILL_AND_INTANGIBLE_ASSETS3

GOODWILL AND INTANGIBLE ASSETS-NET (Schedule of Intangible Assets) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Mar. 31, 2011
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$6,300
Less accumulated amortization	-2,275
Intangible assets, net	4,025
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of intangible assets	15 years
Intangible assets	2,400	2,400
Less accumulated amortization	-600
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of intangible assets	5 years
Intangible assets	1,400	1,400
Less accumulated amortization	-1,050
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of intangible assets	15 years
Intangible assets	2,500	2,500
Less accumulated amortization	($625)

OTHER_LONG_TERM_ASSETSNET_Deta

OTHER LONG TERM ASSETS-NET (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Other Assets, Noncurrent Disclosure [Abstract]
Deposits	$142	$338
Deferred loan fees	56	135
Base stock	1,001	1,129
Total	$1,199	$1,602

ACCOUNTS_PAYABLE_AND_ACCRUED_E2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Accounts payable:
Accounts payable vendors	$3,306	$3,881
Customer deposits, non-gaming	919	797
Other	846	506
Total	5,071	5,184
Accrued expenses:
Outstanding chip and token liability	218	349
Customer loyalty liabilities	278	318
Progressive jackpot liabilities	538	515
Other gaming related accruals	5	4
Payroll and related taxes and benefits	4,561	5,174
Property and gaming taxes	751	640
Professional fees and customer deposits	752	600
Advance sales/deferred income	0	14
Total	$7,103	$7,614

FAIR_VALUE_MEASUREMENTS_Loans_

FAIR VALUE MEASUREMENTS Loans (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Aggregate carrying amount [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	$89,915	$82,750
Aggregate carrying amount [Member] \| Series A Term Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	50,000	50,000
Aggregate carrying amount [Member] \| Series B Term Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	39,915	32,750
Level 2 [Member] \| Aggregate fair value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	80,427	73,510
Level 2 [Member] \| Aggregate fair value [Member] \| Series A Term Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	46,500	46,000
Level 2 [Member] \| Aggregate fair value [Member] \| Series B Term Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	$33,927	$27,510

LONG_TERM_DEBT_Schedule_of_Lon

LONG TERM DEBT (Schedule of Long Term Debt) (Details) (USD $)	0 Months Ended
In Thousands, unless otherwise specified	Apr. 01, 2011	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Total debt		$89,915	$82,750
Less current portion of long term debt		-89,915	-82,750
Total long-term debt, net		0	0
Series A Term Loan [Member]
Debt Instrument [Line Items]
Total debt		50,000	50,000
Debt instrument, interest rate at end of period		7.00%
Debt instrument maturity date	1-Apr-16
Series B Term Loan [Member]
Debt Instrument [Line Items]
Total debt		$39,915	$32,750
Debt instrument, interest rate at end of period		20.00%
Debt instrument maturity date	1-Apr-19

LONG_TERM_DEBT_Narrative_Detai

LONG TERM DEBT (Narrative) (Details) (USD $)	12 Months Ended		0 Months Ended
LONG TERM DEBT (Narrative) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Apr. 01, 2011
Working Capital Facility [Member]
Debt Instrument [Line Items]
Line of credit facility borrowing capacity	$10,000,000		$10,000,000
Series A Credit Agreement [Member]
Debt Instrument [Line Items]
Line of credit facility borrowing capacity			60,000,000
Line of credit facility, commitment fee amount	100,000	100,000
Series A Credit Agreement [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate			2.00%
Series A Term Loan [Member]
Debt Instrument [Line Items]
Line of credit facility borrowing capacity			50,000,000
Debt instrument maturity date			1-Apr-16
Letter of Credit [Member]
Debt Instrument [Line Items]
Line of credit facility borrowing capacity			5,000,000
Swingline Loan Facility [Member]
Debt Instrument [Line Items]
Line of credit facility borrowing capacity			2,000,000
Series B Term Loan [Member]
Debt Instrument [Line Items]
Line of credit facility borrowing capacity			$20,000,000
Debt instrument maturity date			1-Apr-19
Default Rate [Member] \| Series A Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin	2.00%
Default Rate [Member] \| Series B Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin	2.00%
London Interbank Offered Rate (LIBOR) [Member] \| Series A Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin			5.00%
London Interbank Offered Rate (LIBOR) [Member] \| Series A Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin	5.00%
London Interbank Offered Rate (LIBOR) [Member] \| Series B Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin	18.00%
London Interbank Offered Rate (LIBOR) [Member] \| Series B Term Loan [Member] \| Interest Payable In Kind [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin			13.00%
London Interbank Offered Rate (LIBOR) [Member] \| Series B Term Loan [Member] \| Interest Payable in Cash [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin			3.00%
Federal Funds Effective Rate [Member] \| Series A Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin			0.50%
LIBOR Rate Loan, One Month Period [Member] \| Series A Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin			1.00%
Alternate Base Rate [Member] \| Series A Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, margin			4.00%

LEASING_ACTIVITIES_Details

LEASING ACTIVITIES (Details) (USD $)	12 Months Ended
LEASING ACTIVITIES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Leases [Abstract]
Future minimum lease payments under operating leases	$15,670
Future minimum lease payments under capital leases	49,879
Rental expense for equipment	363,675	514,651	742,423
Rental income	1,855,926	1,934,700	2,006,760
Future minimum annual rental income due under noncancelable operating leases	$582,388

INCOME_TAXES_Tabular_Data_Deta

INCOME TAXES (Tabular Data) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Components of benefit for income taxes from continued operations:
Federal	($7)	$106	$0
State	0	0	0
Total current	-7	106	0
Federal	0	0	9,697
State	0	0	0
Total deferred	0	0	9,697
Benefit for income taxes	-7	106	9,697
Reconciliation of effective income tax rate from continuing operations to statutory US federal income tax rate:
Taxes at federal statutory rate	35.00%	35.00%	35.00%
State income tax, net	0.00%	0.00%	-0.90%
Discontinued Operations	0.00%	0.00%	0.30%
FICA credit	0.40%	-1.30%	0.20%
AMT credit	0.00%	-1.90%	0.00%
Other, net	-0.20%	-2.00%	-0.30%
Goodwill Impairment	0.00%	0.00%	-15.40%
Non-deductible interest	-12.00%	-6.80%	-2.20%
Valuation allowance	-23.30%	-22.60%	0.40%
Benefit for income taxes	-0.10%	0.40%	17.10%
Deferred Tax Assets
Reserves and accruals	748	1,149	1,556
Federal net operating loss carry forwards	38,712	29,992	24,181
AMT and other tax credits	2,284	1,733	2,664
Deferred Interest	1,264	675	381
Other	3	18	136
Total before valuation allowance	43,011	33,567	28,918
Valuation allowance	-29,849	-19,559	-13,481	-13,682
Total Deferred Tax Asset	13,162	14,008	15,437
Deferred Tax Liabilities
Prepaid expenses	-595	-583	-621
Property and equipment	-33,592	-34,238	-35,417
Intangibles	-1,409	-1,621	-1,833
Total Deferred Tax Liability	-35,596	-36,442	-37,871
Net Deferred Tax Liability	($22,434)	($22,434)	($22,434)

INCOME_TAXES_Narrative_Details

INCOME TAXES (Narrative) (Details) (USD $)	12 Months Ended
INCOME TAXES (Narrative) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Tax Credit Carryforward [Line Items]
Income tax expense, related to a reduction in an AMT credit refund receivable	($7,361)
Net operating loss carry forwards	140,900,000	130,900,000
Alternative Minimum Tax Credit Carryforwards [Member]
Tax Credit Carryforward [Line Items]
Tax credit carryforwards	1,700,000
General Business Tax Credit Carryforward [Member]
Tax Credit Carryforward [Line Items]
Tax credit carryforwards	$1,800,000	$1,700,000

INCOME_TAXES_Deferred_Tax_Valu

INCOME TAXES (Deferred Tax Valuation Allowance) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Valuation Allowance, Deferred Tax Asset [Roll Forward]
Balance - Beginning of Period	($19,559)	($13,481)	($13,682)
Increase	-10,290	-6,078	0
Decrease	0	0	201
Balance - End of Period	($29,849)	($19,559)	($13,481)

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details)	Dec. 31, 2014
	union
	employee
Commitments and Contingencies Disclosure [Abstract]
Number of employees	1,063
Number of unions involved in collective bargaining	8
Number of employees covered by collective bargaining agreements	699

STOCKHOLDERS_EQUITY_Common_and

STOCKHOLDERS EQUITY (Common and Preferred Stock) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Class of Stock [Line Items]
COMMON STOCK, shares authorized	10,000,011
PREFERRED STOCK, shares authorized	500,000	500,000
PREFERRED STOCK, par or stated value per share	$0.01
Common Class A [Member]
Class of Stock [Line Items]
COMMON STOCK, shares authorized	10	10
COMMON STOCK, shares issued	10	10
COMMON STOCK, shares outstanding	10	10
COMMON STOCK, par value per share	$0.00	0.001
Percentage of ownership interest	100.00%
Common Class B [Member]
Class of Stock [Line Items]
COMMON STOCK, shares authorized	10,000,001	10,000,001
COMMON STOCK, shares issued	9,305,541	9,039,035
COMMON STOCK, shares outstanding	9,305,541	9,039,035
COMMON STOCK, par value per share	$0.00	0.001

STOCKHOLDERS_EQUITY_Warrants_D

STOCKHOLDERS EQUITY (Warrants) (Details) (USD $)	0 Months Ended		12 Months Ended
STOCKHOLDERS EQUITY (Warrants) (Details) (USD $)	Aug. 19, 2014	23-May-14	Dec. 31, 2014	Dec. 31, 2013	Jun. 08, 2007
Class of Warrant or Right [Line Items]
Value of unexercised warrants			$3,230,000	$7,657,000
Class B Warrant [Member]
Class of Warrant or Right [Line Items]
Class B warrant to purchase Class B Non-Voting Common Stock			194,460	460,965	950,001
Stated exercise price of warrants	$0.01	$0.01	$0.01
Aggregate exercise price of warrants	0.05	0.01
Stock issued upon exercise of Class B Warrants (shares)	170,223	96,283
Number of holders who exercised warrants	2	1
Predecessor [Member]
Class of Warrant or Right [Line Items]
Creditors agreement amount					245,000,000
Minimum [Member] \| Class B Warrant [Member]
Class of Warrant or Right [Line Items]
Assumed life of class of warrants for Class B Non-Voting Common Stock			1 year
Warrants exercisable assumption, expected volatility			48.50%
Warrants exercisable assumption, expected risk free interest rates			0.27%
Discounts rate for lack of marketability of common stocks			20.00%
Value of common stock up on exercise of warrants, per share			$17.72
Value of warrants attached with shares of Class A Voting common stock			$16.61
Maximum [Member] \| Class B Warrant [Member]
Class of Warrant or Right [Line Items]
Assumed life of class of warrants for Class B Non-Voting Common Stock			1 year 6 months
Warrants exercisable assumption, expected volatility			53.18%
Warrants exercisable assumption, expected risk free interest rates			0.54%
Discounts rate for lack of marketability of common stocks			25.00%

DISCONTINUED_OPERATIONS_Schedu

DISCONTINUED OPERATIONS (Schedule of Operating Results) (Details) (USD $)	1 Months Ended	12 Months Ended
	Apr. 26, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Discontinued Operations and Disposal Groups [Abstract]
Payment received from sales of stocks subject to certain post-closing working capital adjustments	$76,000,000
Minimum amount of working capital required to be left for RBH	2,100,000
Cage cash included in working capital	2,100,000
Net revenues				12,686,000
Operating costs and expenses				11,137,000
Income from operations				1,549,000
Gain on Disposal				25,387,000
Income tax expense		0	0	-9,697,000
Income from discontinued operations		$0	$0	$17,239,000

EMPLOYEE_BENEFIT_PLANS_Details

EMPLOYEE BENEFIT PLANS (Details) (USD $)	1 Months Ended	12 Months Ended
EMPLOYEE BENEFIT PLANS (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Multiemployer Plans [Line Items]
Contributions by Employer		$2,032,000	$1,533,000	$1,582,000
Workers compensation, self insurance loss limit per claim		500,000
Workers' compensation liability for claims filed and estimates of claims incurred but not reported		192,173	372,773
Company Contributions		2,032,000	1,533,000	1,582,000
Eligibility in profit sharing and 401(k) plans, days of service		90 days
Minimum age for eligibility in profit sharing plan and 401(k) plans		21 years
Amount received from SEC Administrative Proceeding and disbursed to plan participants	67,963
Southern Nevada Culinary Workers and Bartenders Pension Plan Trust [Member]
Multiemployer Plans [Line Items]
Plan Number		1
Employer Identification Number		886016617
Expiration Date		31-May-18
Pension Protection Act Zone Status		Green	Green
Funding Improvement Plan (FP)/ Rehabilitation Plan (RP) Pending/Implemented (Yes or No)		No
Company Contributions		1,045,000	684,000	794,000
Nevada Resort Association - I.A.T.S.E. Local 720 Pension Trust [Member]
Multiemployer Plans [Line Items]
Plan Number		1
Employer Identification Number		510144767
Expiration Date		31-May-12
Pension Protection Act Zone Status		Green	Green
Funding Improvement Plan (FP)/ Rehabilitation Plan (RP) Pending/Implemented (Yes or No)		No
Company Contributions		72,000	41,000	83,000
Western Conference of Teamsters Pension Trust [Member]
Multiemployer Plans [Line Items]
Plan Number		1
Employer Identification Number		910681009
Expiration Date		31-Mar-18
Pension Protection Act Zone Status		Green	Green
Funding Improvement Plan (FP)/ Rehabilitation Plan (RP) Pending/Implemented (Yes or No)		No
Company Contributions		401,000	332,000	340,000
Central Pension Fund of the International Union of Operating Engineers and Participating Employers [Member]
Multiemployer Plans [Line Items]
Plan Number		1
Employer Identification Number		366052390
Expiration Date		31-May-11
Pension Protection Act Zone Status		Green	Yellow
Funding Improvement Plan (FP)/ Rehabilitation Plan (RP) Pending/Implemented (Yes or No)		No
Company Contributions		234,000	239,000	238,000
Southwest Carpenters Joint Trust Fund [Member]
Multiemployer Plans [Line Items]
Plan Number		1
Employer Identification Number		956042875
Expiration Date		31-Jul-18
Pension Protection Act Zone Status		Green	Green
Funding Improvement Plan (FP)/ Rehabilitation Plan (RP) Pending/Implemented (Yes or No)		No
Company Contributions		150,000	108,000	51,000
National Electrical Benefit Fund [Member]
Multiemployer Plans [Line Items]
Plan Number		1
Employer Identification Number		886023284
Expiration Date		31-Jul-15
Pension Protection Act Zone Status		Green	Green
Funding Improvement Plan (FP)/ Rehabilitation Plan (RP) Pending/Implemented (Yes or No)		No
Company Contributions		15,000	15,000	13,000
International Painters and Allied Trades Industry Pension Fund [Member]
Multiemployer Plans [Line Items]
Plan Number		1
Employer Identification Number		520853800
Expiration Date		31-May-18
Pension Protection Act Zone Status		Yellow	Yellow
Funding Improvement Plan (FP)/ Rehabilitation Plan (RP) Pending/Implemented (Yes or No)		Implemented
Company Contributions		$115,000	$114,000	$63,000

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	3 Months Ended	12 Months Ended
Related Party Transactions (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2013
Related Party Transactions [Abstract]
Payment to stockholder as return of capital	$120,000
Reclassification of receivable from stockholder as a return of capital		$977,000

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	0 Months Ended
SUBSEQUENT EVENTS (Details) (USD $)	Feb. 20, 2015	Aug. 19, 2014	23-May-14	Feb. 13, 2015	Feb. 12, 2015	Feb. 23, 2015	Dec. 31, 2014	Dec. 31, 2013
Subsequent Event [Member]
Subsequent Event [Line Items]
Purchase price of property at 2901 Las Vegas Boulevard South	$182,500,000
Purchase agreement, business termination period	180 days
Class B Warrant [Member]
Subsequent Event [Line Items]
Number of holders who exercised warrants		2	1
Stated exercise price of warrants		$0.01	$0.01				$0.01
Aggregate exercise price of warrants		0.05	0.01
Stock issued upon exercise of Class B Warrants (shares)		170,223	96,283
Class B Warrant [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Number of holders who exercised warrants				1	3
Stated exercise price of warrants				$0.01	$0.01
Aggregate exercise price of warrants				0.01	0.03
Stock issued upon exercise of Class B Warrants (shares)				43,150	71,291
Common Class B [Member]
Subsequent Event [Line Items]
Number of shares held by stockholders receiving liquidating dividends							9,305,541	9,039,035
Common Class B [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Number of shares held by stockholders receiving liquidating dividends						9,419,982
Liquidating Dividends Paid						$90,997,026

SELECTED_QUARTERLY_FINANCIAL_I2

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Net Revenues	$19,683	$20,647	$20,830	$21,729	$17,158	$18,802	$15,714	$14,886	$82,889	$66,560	$76,359
Operating Income (Loss)	-1,720	-3,028	-1,369	709	-3,262	-2,785	-4,604	-4,884	-5,408	-15,535	-47,337
Net Loss	($5,117)	($6,281)	($4,499)	($2,282)	($6,122)	($5,664)	($7,376)	($7,549)	($18,179)	($26,711)	($46,866)
Basic loss per share (in dollars per share)	($0.55)	($0.68)	($0.50)	($0.25)	($0.67)	($0.63)	($0.82)	($0.84)	($1.98)	($2.96)	($3.27)
Diluted loss per share (in dollars per share)	($0.55)	($0.68)	($0.50)	($0.25)	($0.67)	($0.63)	($0.82)	($0.84)	($1.98)	($2.96)	($3.27)