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SUBSEQUENT EVENTS
9 Months Ended
Jun. 30, 2011
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
13.  SUBSEQUENT EVENTS

New Acquisition

Pursuant to the Asset Purchase Agreement, as amended, on July 28, 2011, The Company acquired substantially all of the assets associated or used in connection with the operation of Schiek’s Palace Royale for the purchase price of $2,875,000.

In connection with the Asset Purchase Agreement, on March 22, 2011, our wholly owned subsidiary, RCI Holdings, Inc. (“RCI Holdings”), entered into a Real Estate Purchase Agreement with 4th Street Partnership LLLP, a Minnesota limited liability limited partnership (“4th Street”), which owned the real property where Schiek’s Palace Royale is located.  The parties amended the Real Estate Purchase Agreement on May 31, 2011 and on July 26, 2011.  Pursuant to the terms of the Real Estate Purchase Agreement, as amended, on July 28, 2011, RCI Holdings acquired the real property where Schiek’s Palace Royale is located for a purchase price of $3,250,000.