Annual report pursuant to Section 13 and 15(d)

Property and equipment, net (Tables)

v3.3.1.900
Property and equipment, net (Tables)
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment are stated at cost and depreciated using the straight-line method over estimated useful lives as follows:
 
Computer and equipment
5-7 years
Furniture and fixtures
5-7 years
Property and equipment, net consist of the following:
 
 
At December 31,
 
2015
 
2014
Furniture, fixtures and equipment
$
8,053,787

 
$
7,336,956

Leasehold improvements
26,175,472

 
20,719,230

Less accumulated depreciation and amortization
15,476,430

 
13,833,271

 
18,752,829

 
14,222,915

Construction in progress
7,967,181

 
3,871,670

Restaurant supplies
1,232,317

 
721,040

Totals
$
27,952,327

 
$
18,815,625