| Schedule of Segment Information |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
2016 |
|
2015 |
|
2016 |
|
2015 |
Revenues: |
|
|
|
|
|
|
|
|
|
STKs |
$ |
16,317,636 |
|
|
$ |
13,304,698 |
|
|
$ |
45,280,770 |
|
|
$ |
35,425,710 |
|
F&B |
2,061,964 |
|
|
1,939,376 |
|
|
6,019,967 |
|
|
6,112,629 |
|
Other |
— |
|
|
9,809 |
|
|
699,500 |
|
|
393,023 |
|
|
|
|
|
|
|
|
|
|
$ |
18,379,600 |
|
|
$ |
15,253,883 |
|
|
$ |
52,000,237 |
|
|
$ |
41,931,362 |
|
|
|
|
|
|
|
|
|
Segment Profits (loss): |
|
|
|
|
|
|
|
|
STKs |
$ |
1,349,879 |
|
|
$ |
1,207,645 |
|
|
$ |
4,412,029 |
|
|
$ |
3,007,330 |
|
F&B |
2,061,964 |
|
|
1,939,376 |
|
|
6,019,967 |
|
|
6,112,629 |
|
Other |
52,476 |
|
|
(40,753 |
) |
|
477,593 |
|
|
34,748 |
|
|
|
|
|
|
|
|
|
Total segment profit |
3,464,319 |
|
|
3,106,268 |
|
|
10,909,589 |
|
|
9,154,707 |
|
|
|
|
|
|
|
|
|
General and administrative |
2,634,585 |
|
|
2,642,743 |
|
|
8,178,840 |
|
|
7,777,058 |
|
Depreciation and amortization |
758,282 |
|
|
630,249 |
|
|
1,828,359 |
|
|
1,620,009 |
|
Interest expense, net of interest income |
79,768 |
|
|
1,210 |
|
|
277,251 |
|
|
(3,980 |
) |
Other |
2,360,226 |
|
|
798,411 |
|
|
4,521,014 |
|
|
(95,564 |
) |
|
|
|
|
|
|
|
|
Loss from continuing operations before provision for income taxes |
$ |
(2,368,542 |
) |
|
$ |
(966,345 |
) |
|
$ |
(3,895,875 |
) |
|
$ |
(142,816 |
) |
|
|
|
|
|
|
|
|
|
|
September 30,
2016 |
|
December 31,
2015 |
|
|
|
|
Property & equipment, net: |
|
|
|
STKs |
$ |
35,248,877 |
|
|
$ |
27,678,010 |
|
F&B |
411,239 |
|
|
217,942 |
|
Other |
56,374 |
|
|
56,375 |
|
Total |
$ |
35,716,490 |
|
|
$ |
27,952,327 |
|
|