Quarterly report pursuant to Section 13 or 15(d)

Segment reporting

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Segment reporting
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment reporting
Segment reporting:
 The Company operates in three segments: owned STK units ("STKs"), F&B hospitality management agreements ("F&B") and Other concepts ("Other"). We believe STKs, F&B and Other to be our reportable segments as they do not have similar economic or other characteristics to be aggregated into a single reportable segment. Our STKs segment consists of leased restaurant locations and competes in the full service dining industry. Our F&B segment consists of management agreements in which the Company operates the food and beverage services in hotels or casinos and could include an STK, which we refer to as managed STK units. We refer to owned STK units and managed STK units together as “STK units.” These management agreements generate management and incentive fees on net revenue at each location. Our Other segment includes owned non-STK leased locations.
  

 
Three Months Ended March 31,
 
2016
 
2015
Revenues:
 
 
 
STKs
$
13,680,430

 
$
8,535,358

F&B
2,014,051

 
2,051,276

Other
699,500

 
1,189,943

 
 
 
 
 
$
16,393,981

 
$
11,776,577

 
 
 
 
Segment Profits (loss):
 
 
 
STKs
$
1,188,663

 
$
325,318

F&B
2,014,051

 
2,051,276

Other
414,859

 
(106,396
)
 
 
 
 
Total segment profit
3,617,573

 
2,270,198

 
 
 
 
General and administrative
2,683,696

 
2,444,526

Depreciation and amortization
522,639

 
420,123

Interest expense, net of interest income
98,169

 
(5,229
)
Other
942,635

 
1,215,494

 
 
 
 
Income from continuing operations before provision for income taxes
$
(629,566
)
 
$
(1,804,716
)

 
 
March 31, 
 2016
 
December 31, 
 2015
 
 
 
 
Property & equipment, net:
 
 
 
STKs
$
31,008,733

 
$
27,678,010

F&B
346,864

 
217,942

Other
56,375

 
56,375

Total
$
31,411,972

 
$
27,952,327