Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock option activity

A summary of stock option activity for the nine months ended September 30, 2014 is as follows:

	Options	Range of Exercise Prices		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life
						(in years)
Outstanding at December 31, 2013	—	$	—	$	—	—
Granted	13,035,000	1.00		1.00		9.50
Exercised	—	—		—		—
Expired	—	—		—		—
Forfeited	—	—		—		—
Outstanding at September 30, 2014	13,035,000	$	1.00	$	1.00	9.50
Vested or expected to vest at September 30, 2014	3,258,750	$	1.00	$	1.00	9.50
Exercisable at September 30, 2014	3,258,750	$	1.00	$	1.00	9.50

Schedule of stock options valuation assumptions

The fair value of each stock option granted under the W2007/ACEP Holdings, LLC 2013 Management Incentive Plan

is estimated on the date of the grant using the Black-Scholes-Merton option-pricing model with the following weighted-average assumptions:

Assumptions:
Expected term (years)	5.5
Risk-free interest rate	1.93	%
Expected volatility	81	%
Dividend yield	NA

Schedule of restricted stock units activity

A summary of RSU activity for the nine months ended September 30, 2014 is as follows:

	RSUs	Fair Value
Outstanding at December 31, 2013	—	$	—
Granted	2,500,000	1.00
Exercised	—	—
Canceled	—	—
Vested	—	—
Outstanding at September 30, 2014	2,500,000	$	1.00