Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

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Related Party Transactions
6 Months Ended
Jun. 30, 2015
Related Party Transactions [Abstract]  
Related Party Transactions

12. RELATED PARTY TRANSACTIONS

 

Due to related parties

 

The Company has received non-interest bearing loans and advances from related parties as follows:

  

    June 30, 2015     December 31, 2014  
             
Hoot SA I, LLC   $ 12,963     $ 12,196  
Hooters Australia Partner     404,430       1,087,451  
Chanticleer Investors, LLC     199,436       199,436  
    $ 616,829     $ 1,299,083  

 

At June 30, 2015 and December 31, 2014, the Company’s liabilities included amounts payable to its Australian partner in connection with Surfers Paradise and Townsville construction costs.

 

Due from related parties

 

The Company has made advances to related parties. The amounts owed to the Company are as follows:

  

    June 30, 2015     December 31, 2014  
             
Hoot SA II, III, IV LLC   $ 45,615     $ 46,015  
    $ 45,615     $ 46,015