Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.10.0.1
Property and Equipment
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment

5. PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following:

 

    September 30, 2018     December 31, 2017  
Leasehold improvements   $ 10,882,067     $ 9,941,223  
Restaurant furniture and equipment     6,346,556       5,952,934  
Construction in progress     1,063,462       176,939  
Office furntiture and equipment     148,451       148,451  
      18,440,536       16,219,547  
Accumulated depreciation and amortization     (8,908,169 )     (7,670,955 )
    $ 9,532,367     $ 8,548,592  

 

Depreciation and amortization expense was $0.4 million and $1.2 million for the three and nine months ended September 30, 2018 and $0.6 million and $1.6 million for the three and nine months ended September 30, 2017, respectively.