Annual report pursuant to Section 13 and 15(d)

Property and equipment, net

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Property and equipment, net
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and equipment, net
Property and equipment, net.

Property and equipment, net consist of the following:
 
 
At December 31,
 
2016
 
2015
Furniture, fixtures and equipment
$
9,543,573

 
$
7,576,125

Leasehold improvements
36,147,135

 
24,365,576

Less accumulated depreciation and amortization
15,809,101

 
13,188,872

 
29,881,607

 
18,752,829

Construction in progress
5,579,510

 
7,967,181

Restaurant supplies
1,354,122

 
1,232,317

Totals
$
36,815,239

 
$
27,952,327


 
Depreciation and amortization related to property and equipment included in continuing operations amounted to $2,647,333 and $2,191,450 in the years ended December 31, 2016 and 2015, respectively.

Furniture, fixtures and equipment includes $684,983 and $300,734, respectively at December 31, 2016 and 2015, of assets not yet put into service at our locations under construction.

In 2016, the Company liquidated STK Edinburgh and accordingly, wrote-off $1,117,131 in capital assets and the related liabilities of $1,021,358, resulting in an impairment charge of $95,773.

At December 31, 2015, the Company took an impairment charge on the assets of our STK in Washington DC and the remaining assets of the shuttered STKOUT Midtown and BBCLV and wrote off gross assets of $3,452,206 and accumulated depreciation of $476,462.