SEGMENTS OF BUSINESS (Details) (USD $)
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3 Months Ended | 6 Months Ended | |||
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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Dec. 31, 2012
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Revenues | $ 1,666,043 | $ 1,721,123 | $ 3,333,165 | $ 3,133,618 | |
Interest expense | 18,443 | 208,102 | 55,386 | 393,212 | |
Depreciation and amortization | 129,876 | 87,161 | 244,100 | 167,185 | |
Loss from continuing operations | (710,392) | (874,643) | (1,482,425) | (1,579,082) | |
Loss from discontinued operations | (24,980) | (38,660) | (15,111) | (100,523) | |
Non-controlling interest | 28,428 | 69,687 | 52,759 | 132,204 | |
Loss from continuing operations | (681,964) | (843,616) | (1,444,777) | (1,547,401) | |
Assets | 7,919,380 | 8,321,230 | 7,919,380 | 8,321,230 | |
Non-restaurant investments | 1,069,983 | 772,500 | 1,069,983 | 772,500 | |
Total Assets | 8,989,363 | 9,093,730 | 8,989,363 | 9,093,730 | 7,646,431 |
Liabilities | 4,846,798 | 1,953,682 | 4,846,798 | 1,953,682 | 2,117,878 |
Expenditures for non-current assets | 119,186 | 936,839 | |||
Management [Member]
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Revenues | 25,000 | 25,000 | 50,000 | 50,000 | |
Interest expense | 6,674 | 196,333 | 32,896 | 137,504 | |
Depreciation and amortization | 1,085 | 2,335 | 3,275 | 4,525 | |
Loss from continuing operations | (511,128) | (702,737) | (1,133,368) | (1,197,510) | |
Assets | 4,740,796 | 4,976,491 | 4,740,796 | 4,976,491 | |
Liabilities | 3,493,189 | 619,553 | 3,493,189 | 619,553 | |
Expenditures for non-current assets | 0 | 1,346 | |||
Restaurants [Member]
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Revenues | 1,641,043 | 1,696,123 | 3,283,165 | 3,083,618 | |
Interest expense | 11,769 | 11,769 | 22,490 | 255,708 | |
Depreciation and amortization | 128,791 | 84,826 | 240,825 | 162,660 | |
Loss from continuing operations | (199,264) | (171,906) | (349,057) | (381,572) | |
Assets | 3,178,584 | 3,344,739 | 3,178,584 | 3,344,739 | |
Liabilities | 1,353,609 | 1,334,129 | 1,353,609 | 1,334,129 | |
Expenditures for non-current assets | $ 119,186 | $ 935,493 |
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- Definition
Total expenditures for additions to long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets of the reportable segment; if the amount: (a) is included in the determination of segment assets reviewed by the chief operating decision maker or (b) is otherwise regularly provided to the chief operating decision maker, even if not included in the determination of segment assets. No definition available.
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- Definition
Amount of net assets (total assets less total liabilities) attributed to the reportable segment. No definition available.
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- Definition
Total investments attributed to the reportable segment, excluding equity method investees. Includes debt and equity financial instruments (securities held-to-maturity, trading securities, and securities available-for-sale) as well as other investments. No definition available.
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- 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
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- Definition
This element represents the overall income (loss) from a disposal group that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items, which is apportioned to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This item includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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