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, 2013
Property and equipment, net [Abstract]  
Property and equipment, net

Note 4 - Property and equipment, net:

Property and equipment, net consist of the following:

 

    At December 31,  
    2013     2012  
Furniture, fixtures and equipment   $ 6,382,710     $ 6,033,422  
Leasehold improvements     17,897,561       23,767,148  
Construction in progress     826,065       11,653  
Restaurant supplies     602,261       592,583  
      25,708,597       30,404,806  
Less accumulated depreciation and amortization     12,263,184       16,769,324  
                 
Totals   $ 13,445,413     $ 13,635,482  

 

Depreciation and amortization related to property and equipment included in continuing operations amounted to $1,598,080 and $7,329,860 in the years ended December 31, 2013 and 2012, respectively.