Revenues and Promotional Allowances We recognize, as casino revenues, the net win from gaming activities which is the difference between gaming wins and losses. All other revenues are recognized as the service is provided. Effective November 1, 2012, the Casino implemented its own player loyalty program, the Aliante Players Club, which allows participants to redeem points earned from their gaming activity at the Casino for complimentary slot play, food, beverages, hotel rooms, movie passes, entertainment tickets or merchandise from the gift shop. Under the player loyalty program, participants may accumulate points over time that can be redeemed at their discretion under the terms of the Aliante Players Club. At the time points are redeemed for complimentaries, the retail value is recorded as revenue with a corresponding offsetting amount included in promotional allowances. Prior to November 1, 2012, the Casino participated in Station s Boarding Pass player rewards program with similar offerings. The estimated departmental costs of providing such promotional allowances are included in casino costs and expenses on the accompanying statements of operations and consist of the following (in thousands): Successor Predecessor Year Ended December 31, 2012 Period from November 1, 2011 through December 31, 2011 Period from January 1, 2011 through October 31, 2011 Year Ended December 31, 2010 Food and beverage $ 5,162 $ 866 $ 4,277 $ 5,053 Room 320 46 265 342 Other 45 10 69 83 Total $ 5,527 $ 922 $ 4,611 $ 5,478 We record a liability for the estimated cost of the outstanding points under the player loyalty program that we believe will ultimately be redeemed. The estimated cost of the outstanding points under the player loyalty program is calculated based on the total number of points earned but not yet achieving necessary redemption levels, converted to a redemption value times the average cost. The redemption value is estimated based on the average number of points needed to redeem for rewards. The average cost is the incr