Quarterly report pursuant to sections 13 or 15(d)

Property and equipment, net

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Property and equipment, net
 3 Months Ended
Mar. 31, 2014
Property and equipment, net [Abstract]  
Property and equipment, net

Note 5 - Property and equipment, net:

Property and equipment, net consisted of the following:

 

    At March 31,     At December 31,  
    2014     2013  
Furniture, fixtures and equipment   $ 7,248,866     $ 6,382,710  
Leasehold improvements     17,913,991       17,897,561  
Construction in progress     1,493,904       826,065  
Restaurant supplies     721,061       602,261  
      27,377,822       25,708,597  
Less accumulated depreciation and amortization     12,621,608       12,263,184  
                 
Totals   $ 14,756,214     $ 13,445,413  

 

Depreciation and amortization related to property and equipment included in continuing operations amounted to $315,448 and $467,671 in the three months ended March 31, 2014 and 2013, respectively.