XML 84 R70.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisitions and Dispositions (Details Narrative)
 1 Months Ended 3 Months Ended 12 Months Ended
Jun. 06, 2017
USD ($)
May 08, 2017
USD ($)
Jan. 13, 2017
USD ($)
May 04, 2015
USD ($)
Jan. 13, 2015
USD ($)
a
Jan. 13, 2015
USD ($)
a
Oct. 30, 2014
USD ($)
shares
Sep. 30, 2016
USD ($)
Oct. 31, 2015
USD ($)
Sep. 30, 2017
USD ($)
Jun. 30, 2017
USD ($)
Mar. 31, 2017
USD ($)
 [1]
Dec. 31, 2016
USD ($)
 [1]
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
 [3]
Mar. 31, 2016
USD ($)
 [3]
Dec. 31, 2015
USD ($)
 [3]
Sep. 30, 2015
USD ($)
 [4]
Jun. 30, 2015
USD ($)
 [4]
Mar. 31, 2015
USD ($)
 [4]
Dec. 31, 2014
USD ($)
 [4]
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Apr. 30, 2017
Apr. 26, 2017
USD ($)
Jan. 04, 2017
Oct. 05, 2016
Sep. 29, 2016
Aug. 31, 2016
USD ($)
Oct. 31, 2014
Jan. 31, 2012
USD ($)
Aug. 31, 2011
Business Acquisition [Line Items]                                                                  
Noncontrolling interest, ownership percentage by parent                                                         20.00%   51.00%    
Net income (loss) attributable to RCIHH shareholders                   $ (2,239,000) [1],[2] $ 3,841,000 [1] $ 3,759,000 $ 2,898,000 $ 508,000 [3] $ 2,653,000 $ 5,505,000 $ 2,552,000 $ 428,000 $ 8,267,000 $ (2,841,000) $ 3,360,000 $ 8,259,000 $ 11,218,000 $ 9,214,000                  
Sale of stock, consideration received on transaction                 $ 2,000,000                                                
Debt instrument, interest rate, stated percentage                 2.00%                               4.99%   6.00% 12.00%   5.95%     10.00%
Ownership interest rate percentage                   51.00%                       51.00%             31.00%        
Loss on sale of impairment charge                                           $ 164,000 641,000                    
Notes payable                                                           $ 9,000,000   $ 1,500,000  
Goodwill               $ 98,613,000   $ 118,290,000       98,613,000               118,290,000 98,613,000                    
Revenues                                           5,600,000                      
Cash               2,200,000           2,200,000                 2,200,000                    
Loss on sales $ 900,000                                           116,000                    
Repayment of notes payables     $ 1,500,000                                                            
Percentage for related parties     0.11                                                            
Prepayment penalty to pay off the debt     $ 75,000                                                            
Assets held for sale 1,500,000             $ 7,671,000   5,759,000       $ 7,671,000               5,759,000 $ 7,671,000                    
Exchange for property reduction in notes payable $ 1,500,000                                                                
Notes Payable Two [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Debt instrument, interest rate, stated percentage               7.00%     7.00%     7.00%                 7.00%                    
Texas Saloon Gentlemen's Club [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred         $ 6,800,000                                                        
Area of land | a         3.5 3.5                                                      
Sale of stock, consideration received on transaction         $ 1,000,000                                                        
Sale of stock, consideration received per transaction         $ 1,400,000                                                        
Debt instrument, interest rate, stated percentage         6.00% 6.00%                                                      
Percentage of commercial bank financing prime rate         2.00% 2.00%                                                      
Debt instrument, interest rate, effective percentage         6.50% 6.50%                                                      
Texas Saloon Gentlemen's Club [Member] | Club Business [Member ]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred           $ 3,500,000                                                      
Texas Saloon Gentlemen's Club [Member] | Real Estate [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred           $ 3,300,000                                                      
Area of land | a         3.5 3.5                                                      
Seville Club of Minneapolis [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred       $ 8,500,000                                                          
Debt instrument, interest rate, stated percentage       5.50%                                                          
Payment was made through bank financing       $ 5,700,000                                                          
Payment was made through seller financing       1,800,000                                                          
Business acquisitions cost of acquired entity cash paid       $ 1,100,000                                                          
Seville Club of Minneapolis [Member] | Seller Financing [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Debt instrument, interest rate, stated percentage       6.00%                                                          
Seville Club of Minneapolis [Member] | Club Business [Member ]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred       $ 4,500,000                                                          
Seville Club of Minneapolis [Member] | Real Estate [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred       $ 4,000,000                                                          
Scarlett's Cabaret Miami [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred   $ 26,000,000                                                              
Sale of stock, consideration received on transaction   $ 15,600,000                                                              
Debt instrument, interest rate, stated percentage   5.00%                                                              
Percentage for amortizing   0.08                                                              
Scarlett's Cabaret Miami [Member] | Notes Payable [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred   $ 5,400,000                                                              
Scarlett's Cabaret Miami [Member] | Short Term Note [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred   5,000,000                                                              
Nightclubs Segment [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Goodwill   $ 1,200,000                                                              
Robust Energy LLC [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Noncontrolling interest, ownership percentage by parent             51.00%                                                    
Payments to acquire businesses, gross             $ 200,000                                                    
Business combination, consideration transferred             3,600,000                                                    
Net income (loss) attributable to RCIHH shareholders             1,000,000                                                    
Gain (loss) on investments             $ 229,000                                                    
Percentage on investment             15.00%                                                    
Investment owned, at cost             $ 750,000 $ 2,000,000           $ 2,000,000                 $ 2,000,000                    
Sold percentage of business acquisition               31.00%                                                  
Ownership interest rate percentage               20.00%           20.00%                 20.00%                    
Loss on sale of impairment charge               $ 184,000                                                  
Fair value of note received               2,000,000           $ 2,000,000                 $ 2,000,000                    
Fair value of retained non-controlling interest               $ 1,200,000           1,200,000                 1,200,000                    
Remaining interest of investment               20.00%                                                  
Fair value of remaining investment               $ 1,200,000   $ 0       1,200,000               $ 0 1,200,000                    
Deferred tax liabilities               2,500,000           2,500,000                 2,500,000                    
Robust Energy LLC [Member] | Common Stock [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred, equity interests issued | shares             50,000                                                    
Robust Energy LLC [Member] | Restricted Stock [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Business combination, consideration transferred, equity interests issued | shares             200,000                                                    
Bombshells [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Discontinued operations, sales price               6,300,000           6,300,000                 6,300,000                    
Discontinued operations, cash received               3,500,000           3,500,000                 3,500,000                    
Discontinued operations, notes receivable               2,800,000           2,800,000                 2,800,000                    
Discontinued operations, gain loss on sale               (550,000)                                                  
Discontinued operations, deferred gain on sale               $ 399,000           $ 399,000                 $ 399,000                    
Bombshells [Member] | Notes Payable One [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Debt instrument, interest rate, stated percentage               6.00%           6.00%                 6.00%                    
Notes payable               $ 1,800,000           $ 1,800,000                 $ 1,800,000                    
Notes payable, period                                             240 months                    
Bombshells [Member] | Notes Payable Two [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Debt instrument, interest rate, stated percentage               9.00%           9.00%                 9.00%                    
Notes payable               $ 1,000,000           $ 1,000,000                 $ 1,000,000                    
Notes payable, period                                             120 months                    
Adult Club [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Discontinued operations, gain loss on sale               $ 1,100,000                                                  
Hollywood Showclub [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Payments to Acquire Assets                                                   $ 141,000              
Goodwill                                                   1,500,000              
Hollywood Showclub [Member] | Greater St. Louis Area [Member]                                                                  
Business Acquisition [Line Items]                                                                  
Payments to Acquire Assets                                                   $ 4,200,000              
[1] Fiscal year 2017 income from operations and net income attributable to RCIHH shareholders included $5.4 million in asset impairment ($1.4 million in the third quarter and $3.9 in the fourth quarter) and $1.5 million additional income tax expense due to change in deferred tax liability rate in the fourth quarter. Quarterly effective income tax expense rate was 33.3%, 33.7%, 32.9% and 185.2% from first to fourth quarter, respectively.
[2] The fourth quarter of each prior fiscal year presented above includes the impact of the revisions discussed in Note 3.
[3] Fiscal year 2016 income from operations and net income attributable to RCIHH shareholders included $4.3 million in asset impairment in the fourth quarter; and $1.9 million in settlement of lawsuits (significant of which were $540,000 in the first quarter and $1.1 million in the fourth quarter). Quarterly effective income tax expense (benefit) rate was 35.9%, 5.2%, 43.0% and (93.6%) from first to fourth quarter, respectively.
[4] Fiscal year 2015 income (loss) from operations and net income (loss) attributable to RCIHH shareholders included $1.7 million in asset impairments ($1.4 million in the first quarter and $347,000 in the fourth quarter; $11.7 million in settlement of lawsuits (significant of which were $10.3 million in the second quarter and $1.1 million in the fourth quarter; and $8.2 million in gain on settlement of patron tax in the third quarter. Quarterly effective income tax expense (benefit) rate was 36.1%, (28.9%), 35.5% and 11.9% from first to fourth quarter, respectively.