Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2015 |
Jun. 30, 2014 |
|
| Revenue: | ||||
| Restaurant sales, net | $ 10,480,370 | $ 6,443,489 | $ 18,902,212 | $ 11,711,957 |
| Gaming income, net | 99,823 | 75,724 | 231,850 | 131,235 |
| Management fee income - non-affiliates | 77,903 | $ 25,151 | 179,124 | $ 50,151 |
| Franchise income | 134,939 | 150,998 | ||
| Total revenue | 10,793,035 | $ 6,544,364 | 19,464,184 | $ 11,893,343 |
| Expenses: | ||||
| Restaurant cost of sales | 3,616,930 | 2,292,745 | 6,578,588 | 4,169,671 |
| Restaurant operating expenses | 6,384,905 | 3,766,452 | 11,453,044 | 6,869,978 |
| Restaurant pre-opening and closing expenses | 391,442 | 260,981 | 598,189 | 260,981 |
| General and administrative expenses | 2,081,583 | 1,236,160 | 3,979,936 | 2,844,743 |
| Depreciation and amortization | 408,311 | 382,072 | 846,948 | 777,375 |
| Total expenses | 12,883,171 | 7,938,410 | 23,456,705 | 14,872,056 |
| Loss from operations | (2,090,136) | (1,394,046) | (3,992,521) | (2,978,713) |
| Other (expense) income | ||||
| Interest expense | (1,373,797) | (350,760) | (2,078,649) | (687,541) |
| Change in fair value of derivative liabilities | $ 232,854 | $ 272,100 | 570,907 | $ 704,200 |
| Loss on extinguishment of debt | $ (170,089) | |||
| Realized gains on securities | $ 4,127 | $ 101,472 | ||
| Equity in losses of investments | (40,694) | |||
| Other income | $ 76,859 | $ 4,552 | $ 75,326 | 7,838 |
| Total other (expense) income | (1,064,084) | (69,981) | (1,602,505) | 85,275 |
| Loss from continuing operations before income taxes | (3,154,220) | (1,464,027) | (5,595,026) | (2,893,438) |
| Income tax (benefit) provision | (4,734) | 1,379 | (37,654) | (7,509) |
| Loss from continuing operations | (3,149,486) | (1,465,406) | (5,557,372) | (2,885,929) |
| Gain (loss) from discontinued operations, net of taxes | 2,088 | (72,300) | 189 | (104,973) |
| Consolidated net loss | (3,147,398) | (1,537,706) | (5,557,183) | (2,990,902) |
| Less: Net loss attributable to non-controlling interest | 201,184 | 126,642 | 342,968 | 129,528 |
| Net loss attributable to Chanticleer Holdings, Inc. | (2,946,214) | (1,411,064) | (5,214,215) | (2,861,374) |
| Net loss attributable to Chanticleer Holdings, Inc.: | ||||
| Loss from continuing operations | (2,948,302) | (1,338,764) | (5,214,404) | (2,756,401) |
| Gain (loss) from discontinued operations | 2,088 | (72,300) | 189 | (104,973) |
| Net loss attributable to Chanticleer Holdings, Inc. | $ (2,946,214) | (1,411,064) | $ (5,214,215) | (2,861,374) |
| Other comprehensive loss: | ||||
| Unrealized loss on available-for-sale securities (none applies to non-controlling interest) | (3,809) | (15,527) | ||
| Foreign currency translation (loss) gain | $ (160,426) | 15,419 | $ (1,464,726) | 51,165 |
| Other comprehensive loss | $ (3,106,640) | $ (1,399,454) | $ (6,678,941) | $ (2,825,736) |
| Net loss attributable to Chanticleer Holdings, Inc. per common share, basic and diluted: | ||||
| Continuing operations attributable to common shareholders, basic and diluted | $ (0.24) | $ (0.21) | $ (0.56) | $ (0.45) |
| Discontinued operations attributable to common shareholders, basic and diluted | $ 0 | $ (0.01) | $ 0 | $ (0.02) |
| Weighted average shares outstanding, basic and diluted | 12,455,828 | 6,329,406 | 9,314,030 | 6,152,931 |
| X | ||||||||||
- Definition The amount revenue generated from gaming during the reporting period. No definition available.
|
| X | ||||||||||
- Definition Restaurant cost of sales. No definition available.
|
| X | ||||||||||
- Definition Restaurant sales, net. No definition available.
|
| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations attributable to the noncontrolling interest. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business). No definition available.
|
| X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition This item represents the total realized gain (loss) included in earnings for the period as a result of selling marketable securities categorized as trading, available-for-sale, or held-to-maturity. Additionally, this item would include any losses recognized for other than temporary impairments (OTTI) of the subject investments in debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
- Definition Amount before tax, after reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities, attributable to parent entity. Excludes amounts related to other than temporary impairment (OTTI) loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Expenditures associated with opening new locations which are noncapital in nature and expensed as incurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
|