Sonnet BioTherapeutics (SONN) 10-Q 11 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 10, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	Chanticleer Holdings, Inc.
Entity Central Index Key	1,106,838
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		21,957,147
Trading Symbol	HOTR
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 983,211	$ 1,224,415
Accounts and other receivables	830,540	862,935
Inventories	499,452	569,545
Due from related parties	45,615	45,615
Prepaid expenses and other current assets	377,585	522,637
Assets of discontinued operations, current	1,673,507	593,430
TOTAL CURRENT ASSETS	4,409,909	3,818,576
Property and equipment, net	11,599,974	12,144,064
Goodwill	12,569,290	12,702,139
Intangible assets, net	6,635,823	6,776,936
Investments at fair value	11,480	31,322
Other investments	1,050,000	1,050,000
Deposits and other assets	297,482	292,870
Assets of discontinued operations		5,389,300
TOTAL ASSETS	36,573,958	42,205,207
Current liabilities:
Accounts payable and accrued expenses	5,401,930	4,740,131
Current maturities of long-term debt and notes payable, net of discount of $85,930 and $171,868, respectively	6,188,874	5,383,003
Current maturities of convertible notes payable, net of debt discount of $274,345 and $914,724, respectively	3,450,656	2,810,276
Current maturities of capital leases payable	25,087	39,303
Due to related parties	209,963	12,963
Deferred rent	117,627	683,793
Derivative liabilities	102,507	1,231,608
Liabilities of discontinued operations, current	1,832,550	1,279,955
TOTAL CURRENT LIABILITIES	17,329,194	16,181,033
Long-term debt, less current maturities, net of debt discount of $0 and $171,868, respectively	303,462	1,098,641
Capital leases payable, less current maturities	9,120	15,969
Deferred rent	2,048,671	1,740,012
Liabilities of discontinued operations		58,648
Deferred tax liabilities	1,421,612	1,353,771
TOTAL LIABILITIES	21,112,060	20,448,073
Stockholders' equity:
Preferred stock: no par value; authorized 5,000,000 shares; none issued and outstanding
Common stock: $0.0001 par value; authorized 45,000,000 shares; issued and outstanding 21,957,147 and 21,337,247 shares, respectively	2,196	2,134
Additional paid in capital	55,739,045	55,365,597
Accumulated other comprehensive loss	(1,162,535)	(987,695)
Non-controlling interest	510,445	389,810
Accumulated deficit	(39,627,252)	(33,012,712)
TOTAL STOCKHOLDERS' EQUITY	15,461,899	21,757,134
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 36,573,958	$ 42,205,207

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Debt Instrument Unamortized Discount, Current	$ 85,930	$ 171,868
Debt Instrument Unamortized Discount	274,345	914,724
Debt Instrument Unamortized Discount, Noncurrent	$ 0	$ 171,868
Preferred stock, no par value	$ 0	$ 0
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	21,957,147	21,337,247
Common stock, shares outstanding	21,957,147	21,337,247

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenue:
Restaurant sales, net	$ 10,525,629	$ 8,369,369	$ 20,330,320	$ 14,788,264
Gaming income, net	97,978	71,749	197,511	166,422
Management fee income - non-affiliates	25,000	25,000	50,000	50,000
Franchise income	103,387	134,939	285,939	150,998
Total revenue	10,751,994	8,601,057	20,863,770	15,155,684
Expenses:
Restaurant cost of sales	3,445,116	2,888,532	6,695,086	5,152,437
Restaurant operating expenses	5,737,169	4,886,651	11,252,183	8,628,027
Restaurant pre-opening and closing expenses		336,580	7,555	339,339
General and administrative expenses	1,374,835	1,803,226	3,049,714	3,512,874
Depreciation and amortization	577,942	272,306	1,148,382	619,255
Total expenses	11,135,061	10,187,295	22,152,920	18,251,932
Operating loss from continuing operations	(383,067)	(1,586,238)	(1,289,150)	(3,096,249)
Other (expense) income
Interest expense	(650,478)	(1,373,797)	(1,251,405)	(2,078,649)
Change in fair value of derivative liabilities	513,439	232,854	1,129,101	570,907
Loss on extinguishment of debt		(170,089)		(170,089)
Other income (expense)	(27,706)	265,542	(19,969)	103,146
Total other (expense) income	(164,745)	(1,045,490)	(142,273)	(1,574,685)
Loss from continuing operations before income taxes	(547,812)	(2,631,729)	(1,431,424)	(4,670,934)
Income tax benefit (expense)	(51,405)	7,784	(85,393)	43,252
Loss from continuing operations	(599,217)	(2,623,945)	(1,516,817)	(4,627,682)
Discontinued operations
Loss from operation of discontinued operations, net of tax	(556,528)	(929,503)	(1,235,909)	(929,503)
Loss on writedown of assets	(3,876,161)		(3,876,161)
Consolidated net loss	(5,031,906)	(3,553,448)	(6,628,887)	(5,557,185)
Less: Net loss (income) attributable to non-controlling interest	(21,375)	(2,463)	14,365	(14,523)
Net loss attributable to Chanticleer Holdings, Inc.	(5,053,281)	(3,555,911)	(6,614,522)	(5,571,708)
Net loss attributable to Chanticleer Holdings, Inc.:
Loss from continuing operations	(620,592)	(2,626,408)	(1,502,452)	(4,642,205)
Loss from discontinued operations	(4,432,689)	(929,503)	(5,112,070)	(929,503)
Net loss attributable to Chanticleer Holdings, Inc.	(5,053,281)	(3,555,911)	(6,614,522)	(5,571,708)
Other comprehensive loss:
Unrealized gain (loss) on available-for-sale securities	(22,381)		(24,501)
Foreign currency translation (loss) gain	(307,543)	(160,246)	(109,140)	(1,464,726)
Total other comprehensive loss	(329,924)	(160,246)	(133,641)	(1,464,726)
Comprehensive loss	$ (5,383,205)	$ (3,716,157)	$ (6,748,163)	$ (7,036,434)
Net loss attributable to Chanticleer Holdings, Inc. per common share, basic and diluted:
Continuing operations attributable to common stockholders, basic and diluted	$ (0.03)	$ (0.21)	$ (0.07)	$ (0.50)
Discontinued operations attributable to common stockholders, basic and diluted	$ (0.21)	$ (0.07)	$ (0.24)	$ (0.10)
Weighted average shares outstanding, basic and diluted	21,522,818	12,455,828	21,430,033	9,314,030

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss	$ (6,628,887)	$ (5,557,185)
Net loss from discontinued operations	1,235,909	929,503
Net loss from continuing operations	(1,516,817)	(4,627,682)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	1,148,382	619,255
Loss on disposal of property and equipment		472,770
Common stock and warrants issued for services	24,510
Common stock and warrants issued for interest	349,000	186,830
Amortization of debt discount	726,317	1,592,414
Amortization of warrants		22,375
Change in assets and liabilities:
Accounts and other receivables	32,395	78,096
Prepaid and other assets	140,440	(84,757)
Inventory	73,315	65,096
Accounts payable and accrued liabilities	502,777	161,062
Change in amounts payable to related parties	197,000	1,166
Derivative liabilities	(1,129,101)	(570,907)
Deferred income taxes	67,841	(68,664)
Deferred rent	(257,507)	(331,367)
Net cash provided by (used in) operating activities from continuing operations	358,551	(2,484,311)
Net cash used in operating activities from discontinued operations	(75,000)	(433,779)
Net cash provided by (used in) operating activities	283,551	(2,918,090)
Cash flows from investing activities:
Purchase of property and equipment	(392,829)	(664,127)
Cash paid for acquisitions, net of cash acquired	(72,215)	(4,265,429)
Proceeds from sale of investments	8,902
Net cash used in investing activities from continuing operations	(456,142)	(4,929,556)
Cash flows from financing activities:
Proceeds from sale of common stock and warrants		8,961,213
Loan proceeds	125,000	2,204,369
Loan repayments	(206,267)	(760,138)
Capital lease payments	(10,783)	(27,405)
Contribution of non-controlling interest	46,911
Net cash (used in) provided by financing activities from continuing operations	(45,139)	10,378,039
Effect of exchange rate changes on cash	(23,474)	(4,944)
Net increase (decrease) in cash	(241,204)	2,525,449
Cash, beginning of period	1,224,415	180,534
Cash, end of period	983,211	2,705,983
Supplemental cash flow information:
Interest	68,467	563,771
Income taxes
Non-cash investing and financing activities:
Purchase of equipment using capital leases		50,087
Issuance of stock in connection with business combinations		1,000,000
Debt discount for fair value of warrants and conversion feature issued in connection with debt		1,233,908
Reclassification of derivative liability		306,001
Convertible debt settled through issuance of common stock		1,750,000
Long-term debt settled through issuance of common stock		100,000
Purchases of businesses:
Current assets excluding cash	1,611	296,104
Property and equipment		2,164,023
Goodwill	70,604	663,037
Trade name/trademarks/franchise fees		2,750,000
Deposits and other assets
Liabilities assumed		(607,735)
Common stock issued		(1,000,000)
Cash acquired		11,000
Cash paid for acquisitions	$ 72,215	$ 4,276,429

Nature of Business

Nature of Business	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	1. Nature of Business Organization Chanticleer Holdings, Inc. and its subsidiaries (together, the “Company”) are in the business of owning, operating and franchising fast casual dining concepts domestically and internationally. The consolidated financial statements include the accounts of Chanticleer Holdings, Inc. and its subsidiaries. All significant inter-company balances and transactions have been eliminated in consolidation. The Company operates on a calendar year-end. The accounts of two subsidiaries, Just Fresh and Hooters Nottingham (“WEW”), are consolidated based on a 13 and 26 week periods ending on the Sunday closest to each June 30. No events occurred related to the difference between the Company’s reporting calendar period-end and the Company’s two subsidiaries period ends that materially affected the company’s financial position, results of operations, or cash flows. GENERAL The accompanying condensed consolidated financial statements included in this report have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim reporting and include all adjustments (consisting only of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation. These condensed consolidated financial statements have not been audited. The results of operations for the three and six month periods ended June 30, 2016 are not necessarily indicative of the operating results for the full year. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations for interim reporting. The Company believes that the disclosures contained herein are adequate to make the information presented not misleading. However, these financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 filed with the SEC on March 31, 2016 and amended on April 26, 2016. Certain amounts for the prior year have been reclassified to conform to the current year presentation. LIQUIDITY AND CAPITAL RESOURCES As of June 30, 2016, our cash balance was $1.0 million. At June 30, 2016, the Company had current assets of $4.4 million, current liabilities of $17.3 million, and a working capital deficit of $12.9 million. The Company has $9.6 million in notes and convertible debt obligations which could potentially be called for payment within the next twelve months. The Company incurred a loss from continuing operations of $1.5 million during the six months ended June 30, 2016. The level of additional cash needed to fund operations and our ability to conduct business for the next twelve months will be influenced primarily by the following factors: ● the pace of growth in our restaurant businesses and related investments in opening new stores; ● the level of investment in acquisition of new restaurant businesses and entering new markets; ● our ability to manage our operating expenses and maintain gross margins and reduce operating losses as we grow; ● our ability to access the capital and debt markets, including our ability to refinance or extend the maturities of our current obligations; ● popularity of and demand for our fast casual dining concepts; and ● general economic conditions and changes in consumer discretionary income. Our operating plans for the next twelve months contemplate moderate organic growth, opening 6-10 new stores within our current markets and restaurant concepts. We have typically funded our operating costs, acquisition activities, working capital investments and capital expenditures with proceeds from the issuances of our common stock and other financing arrangements, including convertible debt, lines of credit, notes payable and capital leases. During 2015, we completed two rights offering providing net proceeds of approximately $13.1 million, completed a private placement transaction providing net proceeds of approximately $1.9 million and issued $2.2 million in convertible notes to fund the acquisitions of BGR: The Burger Joint, BT’s Burger Joint, Little Big Burger and for other general corporate purposes. During 2016, we entered into a letter of intent with a US investor to finance the opening of up to 10 Little Big Burger restaurants in the Seattle, Washington area. We also entered into a letter of intent with potential investors to finance the opening of additional Little Big Burger restaurants pursuant to the US governments EB-5 program. We are also investigating several alternatives to refinance the Company’s current debt obligations and to provide additional working capital needed to operate and grow the business; however, there can be no assurances that the Company will be successful in completing any such debt financings. In the event that such capital is not available, we may then need to scale back or freeze our organic growth plans, reduce general and administrative expenses, and/or curtail future acquisition plans to manage our liquidity and capital resources. In addition, we may not be able to payoff or otherwise extend the maturities of our current obligations, or continue to operate as a going concern, which could have an adverse impact on the Company and its shareholders.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Significant Accounting Policies	2. SIGNIFICANT ACCOUNTING POLICIES There have been no material changes to our significant accounting policies previously disclosed in the Annual Report on Form 10-K for the fiscal year ended December 31, 2015. USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates include the valuation of the investments in portfolio companies, deferred tax asset valuation allowances, valuing options and warrants using the Binomial Lattice and Black Scholes models, intangible asset valuations and useful lives, depreciation and uncollectible accounts and reserves. Actual results could differ from those estimates. REVENUE RECOGNITION Restaurant Net Sales and Food and Beverage Costs The Company records revenue from restaurant sales at the time of sale, net of discounts, coupons, employee meals, and complimentary meals and gift cards. Sales, value added tax (“VAT”) and goods and services tax (“GST”) collected from customers and remitted to governmental authorities are presented on a net basis within sales in our condensed consolidated statements of operations. Restaurant cost of sales primarily includes the cost of food, beverages, and merchandise and disposable paper and plastic goods used in preparing and selling our menu items, and exclude depreciation and amortization. Vendor allowances received in connection with the purchase of a vendor’s products are recognized as a reduction of the related food and beverage costs as earned. Management Fee Income The Company receives revenue from management fees from certain non-affiliated companies, including from managing its investment in Hooters of America. Such fees are recognized as revenue as they are earned. Gaming Income The Company receives revenue from operating a gaming facility adjacent to its Hooters restaurant in Jantzen Beach, Oregon. Revenue from gaming is recognized as earned from gaming activities, net of taxes and other government fees. Franchise Income The Company accounts for initial franchisee fees in accordance with FASB ASC 952, Franchisors. The Company grants franchises to operators in exchange for initial franchise license fees and continuing royalty payments. Franchise license fees are deferred when received and recognized as revenue when the Company has performed substantially all initial services required by the franchise or license agreement, which is generally upon the opening of a store. Continuing royalty fees, which are based upon a percentage of franchisee revenues, are recognized on the accrual basis as those sales occur. LOSS PER COMMON SHARE The Company is required to report both basic earnings per share, which is based on the weighted-average number of shares outstanding, and diluted earnings per share, which is based on the weighted-average number of common shares outstanding plus all potentially diluted shares outstanding. The following table summarizes the number of common shares potentially issuable upon the exercise of certain warrants, convertible notes payable and convertible interest as of June 30, 2016 and June 30, 2015 that have been excluded from the calculation of diluted net loss per common share since the effect would be antidilutive. June 30, 2016 June 30, 2015 Warrants -W eighted avg exercise price $4.93 9,506,304 9,556,304 Convertible notes - Weighted avg conversion price $1.05 3,900,735 1,795,961 Accrued interest on convertible notes 233,270 60,622 Total 13,640,309 11,412,887 Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09 “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting”. The amendments in this update simplify several aspects of the accounting for employee share-based payment transactions, including the accounting for income taxes, forfeitures and statutory tax withholding requirements, as well as classification in the statement of cash flows. This update will be effective for the Company in fiscal year 2017, but early adoption is permitted. The Company is currently evaluating the effect of this update on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 “Leases,” which supersedes ASC 840 “Leases” and creates a new topic, ASC 842 “Leases.” This update requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. This update is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with earlier adoption permitted. This update will be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The Company is currently evaluating the effect of this update on its consolidated financial statements.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisitions	3. ACQUISITIONS 2016 Acquisition The Company completed one acquisition during the Six Months ended June 30, 2016, which was the acquisition of a restaurant location in the Harris YMCA in Charlotte, N.C. to expand our Just Fresh business. The Company allocated the purchase price as of the date of acquisition based on the estimated fair value of the acquired assets and assumed liabilities. In consideration of the purchased assets, the Company paid a purchase price totaling $72,215 in cash, of which $1,611 was allocated to acquired inventory and $70,604 to goodwill. The equipment and other assets used in the operation of the business are property of the YMCA and no other tangible or identifiable intangible assets other than inventory were acquired, with the balance being allocated to goodwill. 2015 Acquisitions During the year ended December 31, 2015, the Company acquired three businesses to complement and expand its current operations in the Better Burger fast casual restaurant category. In connection with these acquisitions, the Company acquired strategic opportunities to expand its scale and presence in the Better Burger category. Acquisition of BGR: The Burger Joint The Company completed the acquisition of BGR: The Burger Joint effective March 15, 2015. The Company allocated the purchase price as of the date of acquisition based on appraisals and estimated the fair value of the acquired assets and assumed liabilities. In consideration of the purchased assets, the Company paid a purchase price consisting of $4,000,000 in cash, 500,000 shares of the Company’s common stock valued at $1.0 million, and a contractual working capital adjustment of $276,429. The fair value of the shares was the closing stock market price on the date the deal acquisition was consummated. No warrants were issued in connection with the acquisition. Acquisition of BT’s Burger Joint On July 1, 2015, the Company completed the acquisition with BT’s Burgerjoint Management, LLC, a limited liability company organized under the laws of North Carolina (“BT’s”), including the ownership interests of four operating restaurant subsidiaries engaged in the fast casual hamburger restaurant business under the name “BT’s Burger Joint”. In consideration of the purchased assets, the Company paid a purchase price consisting of $1.4 million in cash and 424,080 shares of the Company’s common stock valued at $1.0 million. The fair value of the shares was the closing stock market price on, the date the deal acquisition was consummated. No warrants were issued in connection with the acquisition. Acquisition of Little Big Burger On September 30, 2015, the Company completed the acquisition of various entities operating eight Little Big Burger restaurants in Oregon. In consideration of the purchased assets, the Company paid a purchase price consisting of $3,600,000 in cash and 1,874,063 shares of the Company’s common stock valued at $2.1 million. The fair value of the shares was the closing stock market price on, the date the deal acquisition was consummated. No warrants were issued in connection with the acquisition. The acquisitions were accounted for using the purchase method of accounting in accordance with ASC 805 “Business Combinations” and, accordingly, the condensed consolidated statements of operations include the results of these operations from the dates of acquisition. The assets acquired and the liabilities assumed were recorded at estimated fair values based on information currently available and based on certain assumptions as to future operations as follows: 2015 Acquisitions BGR: The Burger Joint BT’s Burger Joint Little Big Burger Total Consideration paid: Common stock $ 1,000,000 $ 1,000,848 $ 2,061,469 $ 4,062,317 Cash 4,276,429 1,400,000 3,600,000 9,276,429 Total consideration paid $ 5,276,429 $ 2,400,848 $ 5,661,469 $ 13,338,746 Cash acquired 11,000 8,000 234,638 253,638 Property and equipment 2,164,023 1,511,270 1,711,990 5,387,283 Goodwill 663,037 1,040,542 2,938,279 4,641,858 Trademark/trade name/franchise fee 2,750,000 - 1,550,000 4,300,000 Inventory, deposits and other assets 296,104 103,451 73,780 473,334 Amounts held in escrow to satisfy acquired liabilities - - 675,000 675,000 Total assets acquired, less cash 5,884,164 2,663,263 7,183,686 15,731,113 Liabilities assumed (607,735 ) (262,415 ) (949,857 ) (1,820,007 ) Deferred tax liabilities - - (572,360 ) (572,360 ) Total consideration paid $ 5,276,429 $ 2,400,848 $ 5,661,470 $ 13,338,746 Unaudited pro forma results of operations for the three and six month periods ended June 30, 2016, as if the Company had acquired majority ownership of all operations acquired during 2016 on January 1, 2016 is as follows. The pro forma results include estimates and assumptions which management believes are reasonable. However, pro forma results are not necessarily indicative of the results that would have occurred if the business combination had been in effect on the dates indicated, or which may result in the future. Three Months Ended Six Months Ended June 30, 2016 June 30, 2016 Total revenues $ 10,751,994 $ 20,901,270 Loss from continuing operations (599,217 ) (1,513,067 ) Net loss from continuing operations per share, basic and diluted $ (0.03 ) $ (0.07 ) Weighted average shares outstanding, basic and diluted 21,522,818 21,430,033

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2016
Discontinued operations
Discontinued Operations	4. DISCONTINUED OPERATIONS In June 2016, the Company approved a plan to exit the Australia and Eastern Europe markets, authorizing management to sell or close its five Hooters stores in Australia and its one store in Budapest. Management expects to complete negotiation of terms during the third quarter of 2016, and complete disposal of the operations by the end of 2016. If the Company is unable to come to acceptable terms for the sale of the stores, management intends to close the Australia and Budapest operations. Carrying amount of major classes of assets and liabilities included as part of discontinued operations: June 30, 2016 December 31, 2015 Cash $ 177,404 $ 303,471 Accounts receivable 21,600 19,328 Inventory 111,899 157,079 Property, plant and equipment 4,162,347 4,497,168 Goodwill and intangible assets 480,182 370,138 Other Assets 460,763 500,546 Valuation allowance (3,740,688 ) - Total 1,673,507 5,982,730 Accounts payable and accrued liabilities 1,363,232 889,177 Due to affiliates 414,595 390,779 Deferred rent 54,724 58,647 Total 1,832,550 1,338,603 Net assets (liabilities) of discontinued operations $ (159,043 ) $ 4,644,126 Major line items constituting pre-tax loss of discontinued operations: Six Months Ended June 30, 2016 June 30, 2015 Revenue $ 2,970,401 $ 4,308,500 Restaurant cost of sales 1,042,543 1,426,151 Restaurant operating expenses 2,450,557 2,825,018 Restaurant pre-opening and closing expenses - 258,850 General and administrative expenses 254,174 467,062 Depreciation and amortization 436,144 227,693 Other 22,893 33,229 Loss of discontinued operations (1,235,909 ) (929,503 ) Loss on classification as held for sale (3,876,161 ) - Total pretax loss of discontinued operations $ (5,112,070 ) $ (929,503 ) Income tax - - Loss on discontinued operations $ (5,112,070 ) $ (929,503 )

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	5. PROPERTY AND EQUIPMENT Property and equipment consists of the following: June 30, 2016 December 31, 2015 Leasehold improvements $ 10,202,863 $ 10,094,130 Restaurant furniture and equipment 6,498,400 6,243,196 Construction in progress 64,441 - Office and computer equipment 8,025 5,470 Land and buildings 757,560 708,020 Office furniture and fixtures 108,030 104,406 17,639,319 17,155,222 Accumulated depreciation and amortization (6,039,345 ) (5,011,158 ) $ 11,599,974 $ 12,144,064 Restaurant furnishings and equipment includes assets under capital leases from our South African restaurants totaling $158,681 and $196,100 at cost and $32,901 and $53,497 net book value as of June 30, 2016 and December 31, 2015, respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets, Net	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets, Net	6. GOODWILL AND OTHER INTANGIBLE ASSETS, NET Goodwill is summarized by location as follows: June 30, 2016 December 31, 2015 American Burger Company $ 2,806,990 $ 2,806,990 BGR: The Burger Joint 663,037 663,037 Little Big Burger 2,938,279 2,938,279 BT’s Burger Joint 1,040,542 978,350 Just Fresh 495,755 425,151 Hooters South Africa 215,228 206,503 West End Wings UK 2,458,631 2,733,001 Hooters Pacific NW 1,950,828 1,950,828 Total $ 12,569,290 $ 12,702,139 The changes in the carrying amount of goodwill are summarized as follows: Six Months Ended June 30, 2016 June 30, 2015 Beginning Balance $ 12,702,139 $ 15,617,308 Acquisitions 70,604 663,037 Adjustments 62,192 - Foreign currency translation (loss) gain (265,645 ) (468,085 ) Ending Balance $ 12,569,290 $ 15,812,260 Other intangible assets, consisting of franchise costs, trademarks and tradenames, is summarized by location as follows: Estimated Useful Life June 30, 2016 December 31, 2015 Trademark, Tradenames: Just Fresh 10 years $ 1,010,000 $ 1,010,000 American Roadside Burger 10 years 1,786,930 1,786,930 BGR: The Burger Joint Indefinite 1,430,000 1,430,000 Little Big Burger Indefinite 1,550,000 1,550,000 5,776,930 5,776,930 Franchise fees: South Africa 20 years 298,847 286,732 Hooters Pacific NW 20 years 88,826 90,000 BGR: The Burger Joint Indefinite 1,320,000 1,320,000 1,707,673 1,696,732 Total Intangibles at cost 7,484,603 7,473,662 Accumulated amortization (848,780 ) (696,726 ) Intangible assets, net $ 6,635,823 $ 6,776,936 Six Months Ended June 30, 2016 June 30 2015 Amortization expense $ 152,054 $ 84,504

Long-Term Debt and Notes Payabl

Long-Term Debt and Notes Payable	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-Term Debt and Notes Payable	7. LONG-TERM DEBT AND NOTES PAYABLE Long-term debt and notes payable are summarized as follows. June 30, 2016 December 31, 2015 Note Payable, due January 2017, net of discount of $85,930 and $171,868, respectively $ 4,914,070 $ 4,828,132 Note Payable, due January 2017 814,440 942,918 Note Payable, due October 2018 109,601 132,596 Mortgage Note, South Africa, due July 2024 208,246 208,131 Bank overdraft facilities, South Africa, annual renewal 158,357 180,377 Equipment financing arrangements, South Africa 166,193 189,490 2016 Credit facility, due January 2017 121,429 - Total long-term debt $ 6,492,336 $ 6,481,644 Current portion of long-term debt 6,188,874 5,383,003 Long-term debt, less current portion $ 303,462 $ 1,098,641 The Company entered into a Receivables Financing Agreement with a lender on June 22, 2016. In consideration for proceeds to the Company of $125,000, the Company agreed to remit $156,250 from the merchant accounts of two of its restaurant locations directly to the lender. The daily amounts to be remitted to the lender, and the resulting term under which the borrowings will ultimately be outstanding, are based on remitting approximately 5% of the total daily credit card receipts of the two restaurant locations. It is expected that the $156,250 will be remitted in full within approximately nine months from the date of the advance. The Company granted a security interest in the credit card receivables of the two restaurants, which would be effective in the event of a default. For the six months ended June 30, 2016 and 2015 amortization of debt discount was $85,938 and $85,933, respectively.

Convertible Notes Payable

Convertible Notes Payable	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Convertible Notes Payable	8. cONVERTIBLE NOTEs PAYABLE Convertible notes payable are summarized as follows. June 30, 2016 December 31, 2015 6% Convertible notes payable issued in August 2013 $ 3,000,000 $ 3,000,000 Discounts on above convertible note (83,343 ) (583,341 ) Discounts on above convertible note - - 8% Convertible notes payable issued in Nov/Dec 2014 100,000 100,000 Discounts on above convertible note - - 8% Convertible notes payable issued in January 2015 150,000 150,000 Discounts on above convertible note (70,079 ) (93,231 ) 8% Convertible notes payable issued in January 2015 475,000 475,000 Discounts on above convertible note (120,922 ) (238,152 ) Total Convertible notes payable 3,450,656 2,810,276 Current portion of convertible notes payable (3,450,656 ) (2,810,276 ) Convertible notes payable, less current portion $ - $ - The convertible notes were classified as current liabilities on the accompanying Condensed Consolidated Balance Sheets as of June 30, 2016 and December 31, 2015 due to certain technical defaults pursuant to the convertible note agreements. For the six months ended June 30, 2016 and 2015 amortization of debt discount was $640,379 and $1,506,481, respectively.

Capital Leases Payable

Capital Leases Payable	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Capital Leases Payable	9. CAPITAL LEASES PAYABLE Capital leases payable are summarized as follows.: June 30, 2016 December 31, 2015 Capital lease payable, bearing interest at 11.5%, through August 2017 $ 3,924 $ 5,231 Capital lease payable, bearing interest at 11.5%, through December 2017 21,592 26,869 Capital lease payable, bearing interest at 11.5%, through July 2016 1,192 7,786 Capital lease payable, bearing interest at 11.5%, through November 2016 7,499 15,386 Total capital leases payable 34,207 55,272 Current maturities 25,087 39,303 Capital leases payable, less current maturities $ 9,120 $ 15,969

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	6 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	10. accounts payable and accrued expenses Accounts payable and accrued expenses are summarized as follows: June 30, 2016 December 31, 2015 Accounts payable and accrued expenses $ 4,114,942 $ 3,547,174 Accrued taxes (VAT, GST, Sales Payroll) 713,615 784,842 Accrued income taxes 85,880 27,709 Accrued interest 487,493 380,406 $ 5,401,930 $ 4,740,131

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stockholders' Equity	11. Stockholders’ Equity The Company had 45,000,000 shares of its $0.0001 par value common stock authorized at both June 30, 2016 and December 31, 2015. The Company had 21,957,147 and 21,337,247 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively. The Company has 5,000,000 shares of its no par value preferred stock authorized at both June 30, 2016 and December 31, 2015. No preferred shares have been issued or are outstanding to date. Options and Warrants The Company’s shareholders have approved the Chanticleer Holdings, Inc. 2014 Stock Incentive Plan (the “2014 Plan”), authorizing the issuance of options, stock appreciation rights, restricted stock awards and units, performance shares and units, phantom stock and other stock-based and dividend equivalent awards. Pursuant to the approved 2014 Plan, 4,000,000 shares have been approved for grant. As of June 30, 2016, the Company had issued 175,340 restricted and unrestricted shares on a cumulative basis under the plan pursuant to compensatory arrangements with employees, board members and outside consultants. No employee stock options have been issued or are outstanding as of June 30, 2016 and December 31, 2015. The Company also has issued warrants to investors in connection with financing transactions in prior periods. A summary of the warrants outstanding and related activity is presented below: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Life Outstanding January 1, 2016 9,506,304 $ 4.93 1.5 Granted - - Exercised - - Forfeited - - Outstanding June 30, 2016 9,506,304 $ 4.93 - Exercisable June 30, 2016 9,506,304 $ 4.93 1.5 Exercise Price Outstanding Number of Warrants Weighted Average Remaining Life in Years Exercisable Number of Warrants >$5.00 7,439,631 1.4 7,439,631 $3.00-$3.99 799,901 2.1 799,901 $2.00-$2.99 954,272 3.1 954,272 $1.00-$1.99 312,500 3.5 312,500 9,506,304 9,506,304 Fair value of any warrant issuances is valued utilizing the Black-Scholes Model. The model includes subjective input assumptions that can materially affect the fair value estimates. The Company determined the fair value based on the Binomial Lattice Model and the Black-Scholes Valuation Model to be materially the same. The expected stock price volatility for the Company’s warrants was determined by the average of historical volatilities for industry peers and Company-specific history. See Note 15 for fair values of warrants requiring liability accounting.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	12. RELATED PARTY TRANSACTIONS Due to related parties The Company has received advances from related parties as follows: June 30, 2016 December 31, 2015 Hoot SA I, LLC $ 12,963 $ 12,963 Chanticleer Investors, LLC 197,000 - $ 209,963 $ 12,963 Due from related parties The Company has made advances to related parties. The amounts owed to the Company are as follows: June 30, 2016 December 31, 2015 Hoot SA II, III, IV LLC $ 45,615 $ 45,615 $ 45,615 $ 45,615

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	13. SEGMENT INFORMATION The Company is in the business of operating restaurants and its operations are organized by geographic region and by brand within each region. Further each restaurant location produces monthly financial statements at the individual store level. The Company’s chief operating decision maker reviews revenues and profitability at the at the group level comprise of: Full Service Hooters, Better Burger Fast Casual and Just Fresh Fast Casual, and Corporate. The following are revenues and operating income (loss) from continuing operations by segment as of and for the periods ended: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Revenue: Hooters Full Service $ 3,338,259 $ 3,653,985 $ 6,512,171 $ 7,419,385 Better Burgers Fast Casual 5,898,316 3,455,838 11,449,966 4,914,878 Just Fresh Fast Casual 1,490,419 1,466,234 2,851,632 2,771,421 Corporate and Other 25,000 25,000 50,000 50,000 $ 10,751,994 $ 8,601,057 $ 20,863,770 $ 15,155,684 Operating Income (Loss): Hooters Full Service $ 54,196 $ (66,400 ) $ 43,745 $ (90,006 ) Better Burgers Fast Casual 7,524 (520,602 ) (60,514 ) (833,264 ) Just Fresh Fast Casual 45,753 (5,507 ) (27,455 ) 37,294 Corporate and Other (490,540 ) (993,729 ) (1,244,925 ) (2,210,273 ) $ (383,067 ) $ (1,586,238 ) $ (1,289,150 ) $ (3,096,249 ) Depreciation and Amortization Hooters Full Service $ 132,650 $ 136,931 $ 261,926 $ 275,596 Better Burgers Fast Casual 365,092 70,023 730,224 215,738 Just Fresh Fast Casual 79,247 64,193 154,370 125,662 Corporate and Other 953 1,159 1,862 2,259 $ 577,942 $ 272,306 $ 1,148,382 $ 619,255 The following are revenues and operating income (loss) from continuing operations for the periods ended June 30, 2016 and 2015 and long-lived assets by geographic area as of June 30, 2016 and December 31, 2015: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Revenue: United States $ 8,675,755 $ 6,230,214 $ 16,904,900 $ 10,327,757 South Africa 1,307,517 1,567,847 2,521,573 3,245,429 Europe 768,723 802,996 1,437,297 1,582,498 $ 10,751,994 $ 8,601,057 $ 20,863,770 $ 15,155,684 Operating Income (Loss): United States $ (406,168 ) $ (1,671,346 ) $ (1,271,982 ) $ (3,162,476 ) South Africa (57,571 ) 29,368 (117,629 ) (24,260 ) Europe 80,673 55,740 100,460 90,487 $ (383,067 ) $ (1,586,238 ) $ (1,289,150 ) $ (3,096,249 ) Non-current Assets: June 30, 2016 December 31, 2015 United States $ 27,218,192 $ 27,348,207 South Africa 2,442,520 2,393,147 Europe 2,503,337 3,255,977 $ 32,164,049 $ 32,997,331

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	14. COMMITMENTS AND CONTINGENCIES On March 26, 2013, our South African operations received Notice of Motion filed in the Kwazulu-Natal High Court, Durban, Republic of South Africa, filed against Rolalor (PTY) LTD (“Rolalor”) and Labyrinth Trading 18 (PTY) LTD (“Labyrinth”) by Jennifer Catherine Mary Shaw (“Shaw”). Rolalor and Labyrinth were the original entities formed to operate the Johannesburg and Durban locations, respectively. On September 9, 2011, the assets and the then-disclosed liabilities of these entities were transferred to Tundraspex (PTY) LTD (“Tundraspex”) and Dimaflo (PTY) LTD (“Dimaflo”), respectively. The current entities, Tundraspex and Dimaflo are not parties in the lawsuit. Shaw is requesting that the Respondents, Rolalor and Labyrinth, be wound up in satisfaction of an alleged debt owed in the total amount of R4,082,636 (approximately $480,000). The two Notices were defended and argued in the High Court of South Africa (Durban) on January 31, 2014. Madam Justice Steryi dismissed the action with costs on May 5, 2014. Ms. Shaw has appealed this decision. There has been no activity on this matter since 2014 and no amounts have been reflected in the accompanying consolidated balance sheets as of June 30, 2016 and December 31, 2015. On January 28, 2016, our Just Fresh subsidiary was notified that it had been served with a copyright infringement complaint, Kevin Chelko Photography, Inc. v. JF Restaurants, LLC, Case No. 3:13-CV-60-GCM (W.D. N.C.). The claim was filed in the United States District Court for the Western District of North Carolina Charlotte Division and seeks unspecified damages related to the use of certain photographic assets allegedly in violation of the United States copyright laws. The Company has full insurance coverage and has asserted numerous defenses in answer to the complaint, intends to defend itself fully and vigorously and no liability has been reflected in the accompanying consolidated balance sheets as of June 30, 2016 and December 31, 2015. Prior to the Company’s acquisition of Little Big Burger, a class action lawsuit was filed in Oregon by certain current and former employees of Little Big Burger asserting that the former owners of Little Big Burger failed to compensate employees for overtime hours and also that an employee had been wrongfully terminated. The plaintiffs and defendants agreed to enter into a settlement agreement pursuant to which the former owners of Little Big Burger will pay a gross settlement of up to $675,000, inclusive of plaintiffs’ attorney’s fees of $225,000. This settlement was preliminarily approved by the court on February 2, 2016 and it is expected that all settlement payments will be distributed by the sellers and this matter closed prior to September 30, 2016. In connection with our acquisition of Little Big Burger, the sellers agreed that the 1,619,646 shares of the Company’s common stock certain of the sellers received from the Company and an additional $200,000 in cash would be held in escrow until such time as the litigation was fully resolved. The Company does not expect that it will be required to expend any funds related to the settlement as certain of the Sellers have agreed to retain the obligations and have set aside sufficient funds to cover the settlement. However, as the Company assumed all liabilities of Little Big Burger in the acquisition and would be required to fulfill the settlement if the sellers were unable or otherwise failed to fully fund the settlement, the Company has reflected the $675,000 settlement amount in accrued liabilities, with an offsetting asset in other current assets, in the accompanying consolidated balance sheets as of June 30, 2016 and December 31, 2015. From time to time, the Company may be involved in legal proceedings and claims that have arisen in the ordinary course of business.

Disclosures about Fair Value

Disclosures about Fair Value	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Disclosures about Fair Value	15. DISCLOSURES ABOUT FAIR VALUE Assets and liabilities measured at fair value on a recurring basis are summarized in the following tables according to FASB ASC 820 pricing levels. Fair Value Measurement Using Quoted prices in active Significant markets of other Significant identical observable Unobservable Recorded assets inputs Inputs value (Level 1) (Level 2) (Level 3) June 30, 2016 Assets: Available-for-sale securities $ 11,480 $ 11,480 $ - $ - Liabilities: Embedded conversion feature 72,000 - - 72,000 Warrants 30,507 30,507 December 31, 2015 Assets: Available-for-sale securities $ 31,322 $ 31,322 $ - $ - Liabilities: Embedded conversion feature 1,094,300 - - 1,094,300 Warrants 137,308 137,308 The Company’s available-for-sale equity securities were valued using Level 1 inputs as summarized above. Level 1 inputs are based on unadjusted prices for identical assets in active markets that the Company can access. Level 2 inputs are based on quoted prices for similar assets other than quoted prices in Level 1, quoted prices in markets that are not yet active, or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets. The derivative liabilities are measured at fair value using quoted market prices and estimated volatility factors based on historical quoted market prices for the Company’s common stock and are classified within Level 3 of the valuation hierarchy.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	16. SUBSEQUENT EVENTS Management has evaluated all events and transactions that occurred from July 1, 2016 through the date these condensed consolidated financial statements were issued for subsequent events requiring recognition or disclosure in the condensed consolidated financial statements.

Significant Accounting Polici22

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Use of Estimates	USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates include the valuation of the investments in portfolio companies, deferred tax asset valuation allowances, valuing options and warrants using the Binomial Lattice and Black Scholes models, intangible asset valuations and useful lives, depreciation and uncollectible accounts and reserves. Actual results could differ from those estimates.
Revenue Recognition	REVENUE RECOGNITION Restaurant Net Sales and Food and Beverage Costs The Company records revenue from restaurant sales at the time of sale, net of discounts, coupons, employee meals, and complimentary meals and gift cards. Sales, value added tax (“VAT”) and goods and services tax (“GST”) collected from customers and remitted to governmental authorities are presented on a net basis within sales in our condensed consolidated statements of operations. Restaurant cost of sales primarily includes the cost of food, beverages, and merchandise and disposable paper and plastic goods used in preparing and selling our menu items, and exclude depreciation and amortization. Vendor allowances received in connection with the purchase of a vendor’s products are recognized as a reduction of the related food and beverage costs as earned. Management Fee Income The Company receives revenue from management fees from certain non-affiliated companies, including from managing its investment in Hooters of America. Such fees are recognized as revenue as they are earned. Gaming Income The Company receives revenue from operating a gaming facility adjacent to its Hooters restaurant in Jantzen Beach, Oregon. Revenue from gaming is recognized as earned from gaming activities, net of taxes and other government fees. Franchise Income The Company accounts for initial franchisee fees in accordance with FASB ASC 952, Franchisors. The Company grants franchises to operators in exchange for initial franchise license fees and continuing royalty payments. Franchise license fees are deferred when received and recognized as revenue when the Company has performed substantially all initial services required by the franchise or license agreement, which is generally upon the opening of a store. Continuing royalty fees, which are based upon a percentage of franchisee revenues, are recognized on the accrual basis as those sales occur.
Loss Per Common Share	LOSS PER COMMON SHARE The Company is required to report both basic earnings per share, which is based on the weighted-average number of shares outstanding, and diluted earnings per share, which is based on the weighted-average number of common shares outstanding plus all potentially diluted shares outstanding. The following table summarizes the number of common shares potentially issuable upon the exercise of certain warrants, convertible notes payable and convertible interest as of June 30, 2016 and June 30, 2015 that have been excluded from the calculation of diluted net loss per common share since the effect would be antidilutive. June 30, 2016 June 30, 2015 Warrants -W eighted avg exercise price $4.93 9,506,304 9,556,304 Convertible notes - Weighted avg conversion price $1.05 3,900,735 1,795,961 Accrued interest on convertible notes 233,270 60,622 Total 13,640,309 11,412,887
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09 “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting”. The amendments in this update simplify several aspects of the accounting for employee share-based payment transactions, including the accounting for income taxes, forfeitures and statutory tax withholding requirements, as well as classification in the statement of cash flows. This update will be effective for the Company in fiscal year 2017, but early adoption is permitted. The Company is currently evaluating the effect of this update on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 “Leases,” which supersedes ASC 840 “Leases” and creates a new topic, ASC 842 “Leases.” This update requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. This update is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with earlier adoption permitted. This update will be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The Company is currently evaluating the effect of this update on its consolidated financial statements.

Significant Accounting Polici23

Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table summarizes the number of common shares potentially issuable upon the exercise of certain warrants, convertible notes payable and convertible interest as of June 30, 2016 and June 30, 2015 that have been excluded from the calculation of diluted net loss per common share since the effect would be antidilutive. June 30, 2016 June 30, 2015 Warrants -W eighted avg exercise price $4.93 9,506,304 9,556,304 Convertible notes - Weighted avg conversion price $1.05 3,900,735 1,795,961 Accrued interest on convertible notes 233,270 60,622 Total 13,640,309 11,412,887

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Schedule of Assets Acquired and Liabilities Assumed Recorded at Estimated Fair Values	The acquisitions were accounted for using the purchase method of accounting in accordance with ASC 805 “Business Combinations” and, accordingly, the condensed consolidated statements of operations include the results of these operations from the dates of acquisition. The assets acquired and the liabilities assumed were recorded at estimated fair values based on information currently available and based on certain assumptions as to future operations as follows: 2015 Acquisitions BGR: The Burger Joint BT’s Burger Joint Little Big Burger Total Consideration paid: Common stock $ 1,000,000 $ 1,000,848 $ 2,061,469 $ 4,062,317 Cash 4,276,429 1,400,000 3,600,000 9,276,429 Total consideration paid $ 5,276,429 $ 2,400,848 $ 5,661,469 $ 13,338,746 Cash acquired 11,000 8,000 234,638 253,638 Property and equipment 2,164,023 1,511,270 1,711,990 5,387,283 Goodwill 663,037 1,040,542 2,938,279 4,641,858 Trademark/trade name/franchise fee 2,750,000 - 1,550,000 4,300,000 Inventory, deposits and other assets 296,104 103,451 73,780 473,334 Amounts held in escrow to satisfy acquired liabilities - - 675,000 675,000 Total assets acquired, less cash 5,884,164 2,663,263 7,183,686 15,731,113 Liabilities assumed (607,735 ) (262,415 ) (949,857 ) (1,820,007 ) Deferred tax liabilities - - (572,360 ) (572,360 ) Total consideration paid $ 5,276,429 $ 2,400,848 $ 5,661,470 $ 13,338,746
Schedule of Business Combination Pro Forma Information	The pro forma results include estimates and assumptions which management believes are reasonable. However, pro forma results are not necessarily indicative of the results that would have occurred if the business combination had been in effect on the dates indicated, or which may result in the future. Three Months Ended Six Months Ended June 30, 2016 June 30, 2016 Total revenues $ 10,751,994 $ 20,901,270 Loss from continuing operations (599,217 ) (1,513,067 ) Net loss from continuing operations per share, basic and diluted $ (0.03 ) $ (0.07 ) Weighted average shares outstanding, basic and diluted 21,522,818 21,430,033

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2016
Discontinued operations
Schedule of Operating Results From Discontinued Assets and Liabilities	Carrying amount of major classes of assets and liabilities included as part of discontinued operations: June 30, 2016 December 31, 2015 Cash $ 177,404 $ 303,471 Accounts receivable 21,600 19,328 Inventory 111,899 157,079 Property, plant and equipment 4,162,347 4,497,168 Goodwill and intangible assets 480,182 370,138 Other Assets 460,763 500,546 Valuation allowance (3,740,688 ) - Total 1,673,507 5,982,730 Accounts payable and accrued liabilities 1,363,232 889,177 Due to affiliates 414,595 390,779 Deferred rent 54,724 58,647 Total 1,832,550 1,338,603 Net assets (liabilities) of discontinued operations $ (159,043 ) $ 4,644,126
Schedule of Operating Results From Discontinued Operations Pre-Tax Loss	Major line items constituting pre-tax loss of discontinued operations: Six Months Ended June 30, 2016 June 30, 2015 Revenue $ 2,970,401 $ 4,308,500 Restaurant cost of sales 1,042,543 1,426,151 Restaurant operating expenses 2,450,557 2,825,018 Restaurant pre-opening and closing expenses - 258,850 General and administrative expenses 254,174 467,062 Depreciation and amortization 436,144 227,693 Other 22,893 33,229 Loss of discontinued operations (1,235,909 ) (929,503 ) Loss on classification as held for sale (3,876,161 ) - Total pretax loss of discontinued operations $ (5,112,070 ) $ (929,503 ) Income tax - - Loss on discontinued operations $ (5,112,070 ) $ (929,503 )

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property and equipment consists of the following: June 30, 2016 December 31, 2015 Leasehold improvements $ 10,202,863 $ 10,094,130 Restaurant furniture and equipment 6,498,400 6,243,196 Construction in progress 64,441 - Office and computer equipment 8,025 5,470 Land and buildings 757,560 708,020 Office furniture and fixtures 108,030 104,406 17,639,319 17,155,222 Accumulated depreciation and amortization (6,039,345 ) (5,011,158 ) $ 11,599,974 $ 12,144,064

Goodwill and Other Intangible27

Goodwill and Other Intangible Assets, Net (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Goodwill is summarized by location as follows: June 30, 2016 December 31, 2015 American Burger Company $ 2,806,990 $ 2,806,990 BGR: The Burger Joint 663,037 663,037 Little Big Burger 2,938,279 2,938,279 BT’s Burger Joint 1,040,542 978,350 Just Fresh 495,755 425,151 Hooters South Africa 215,228 206,503 West End Wings UK 2,458,631 2,733,001 Hooters Pacific NW 1,950,828 1,950,828 Total $ 12,569,290 $ 12,702,139
Summary of Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill are summarized as follows: Six Months Ended June 30, 2016 June 30, 2015 Beginning Balance $ 12,702,139 $ 15,617,308 Acquisitions 70,604 663,037 Adjustments 62,192 - Foreign currency translation (loss) gain (265,645 ) (468,085 ) Ending Balance $ 12,569,290 $ 15,812,260
Schedule of Other Intangible Assets	Other intangible assets, consisting of franchise costs, trademarks and tradenames, is summarized by location as follows: Estimated Useful Life June 30, 2016 December 31, 2015 Trademark, Tradenames: Just Fresh 10 years $ 1,010,000 $ 1,010,000 American Roadside Burger 10 years 1,786,930 1,786,930 BGR: The Burger Joint Indefinite 1,430,000 1,430,000 Little Big Burger Indefinite 1,550,000 1,550,000 5,776,930 5,776,930 Franchise fees: South Africa 20 years 298,847 286,732 Hooters Pacific NW 20 years 88,826 90,000 BGR: The Burger Joint Indefinite 1,320,000 1,320,000 1,707,673 1,696,732 Total Intangibles at cost 7,484,603 7,473,662 Accumulated amortization (848,780 ) (696,726 ) Intangible assets, net $ 6,635,823 $ 6,776,936 Six Months Ended June 30, 2016 June 30 2015 Amortization expense $ 152,054 $ 84,504

Long-Term Debt and Notes Paya28

Long-Term Debt and Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Summary of Long-Term Debt and Notes Payable	Long-term debt and notes payable are summarized as follows. June 30, 2016 December 31, 2015 Note Payable, due January 2017, net of discount of $85,930 and $171,868, respectively $ 4,914,070 $ 4,828,132 Note Payable, due January 2017 814,440 942,918 Note Payable, due October 2018 109,601 132,596 Mortgage Note, South Africa, due July 2024 208,246 208,131 Bank overdraft facilities, South Africa, annual renewal 158,357 180,377 Equipment financing arrangements, South Africa 166,193 189,490 2016 Credit facility, due January 2017 121,429 - Total long-term debt $ 6,492,336 $ 6,481,644 Current portion of long-term debt 6,188,874 5,383,003 Long-term debt, less current portion $ 303,462 $ 1,098,641

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2016
Convertible Notes Payable [Abstract]
Schedule of Convertible Notes Payable	Convertible notes payable are summarized as follows. June 30, 2016 December 31, 2015 6% Convertible notes payable issued in August 2013 $ 3,000,000 $ 3,000,000 Discounts on above convertible note (83,343 ) (583,341 ) Discounts on above convertible note - - 8% Convertible notes payable issued in Nov/Dec 2014 100,000 100,000 Discounts on above convertible note - - 8% Convertible notes payable issued in January 2015 150,000 150,000 Discounts on above convertible note (70,079 ) (93,231 ) 8% Convertible notes payable issued in January 2015 475,000 475,000 Discounts on above convertible note (120,922 ) (238,152 ) Total Convertible notes payable 3,450,656 2,810,276 Current portion of convertible notes payable (3,450,656 ) (2,810,276 ) Convertible notes payable, less current portion $ - $ -

Capital Leases Payable (Tables)

Capital Leases Payable (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Lease Payments for Capital Leases	Capital leases payable are summarized as follows.: June 30, 2016 December 31, 2015 Capital lease payable, bearing interest at 11.5%, through August 2017 $ 3,924 $ 5,231 Capital lease payable, bearing interest at 11.5%, through December 2017 21,592 26,869 Capital lease payable, bearing interest at 11.5%, through July 2016 1,192 7,786 Capital lease payable, bearing interest at 11.5%, through November 2016 7,499 15,386 Total capital leases payable 34,207 55,272 Current maturities 25,087 39,303 Capital leases payable, less current maturities $ 9,120 $ 15,969

Accounts Payable and Accrued 31

Accounts Payable and Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses are summarized as follows: June 30, 2016 December 31, 2015 Accounts payable and accrued expenses $ 4,114,942 $ 3,547,174 Accrued taxes (VAT, GST, Sales Payroll) 713,615 784,842 Accrued income taxes 85,880 27,709 Accrued interest 487,493 380,406 $ 5,401,930 $ 4,740,131

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of Warrants Activity	The Company also has issued warrants to investors in connection with financing transactions in prior periods. A summary of the warrants outstanding and related activity is presented below: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Life Outstanding January 1, 2016 9,506,304 $ 4.93 1.5 Granted - - Exercised - - Forfeited - - Outstanding June 30, 2016 9,506,304 $ 4.93 - Exercisable June 30, 2016 9,506,304 $ 4.93 1.5
Schedule of Warrants Outstanding	Exercise Price Outstanding Number of Warrants Weighted Average Remaining Life in Years Exercisable Number of Warrants >$5.00 7,439,631 1.4 7,439,631 $3.00-$3.99 799,901 2.1 799,901 $2.00-$2.99 954,272 3.1 954,272 $1.00-$1.99 312,500 3.5 312,500 9,506,304 9,506,304

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Schedule of Non-Interest Bearing Loans and Advances from Related Parties	The Company has received advances from related parties as follows: June 30, 2016 December 31, 2015 Hoot SA I, LLC $ 12,963 $ 12,963 Chanticleer Investors, LLC 197,000 - $ 209,963 $ 12,963
Schedule of Earned Income and Made Advance to Related Parties	The Company has made advances to related parties. The amounts owed to the Company are as follows: June 30, 2016 December 31, 2015 Hoot SA II, III, IV LLC $ 45,615 $ 45,615 $ 45,615 $ 45,615

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of Revenues and Operating Income (loss) by Segment	The following are revenues and operating income (loss) from continuing operations by segment as of and for the periods ended: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Revenue: Hooters Full Service $ 3,338,259 $ 3,653,985 $ 6,512,171 $ 7,419,385 Better Burgers Fast Casual 5,898,316 3,455,838 11,449,966 4,914,878 Just Fresh Fast Casual 1,490,419 1,466,234 2,851,632 2,771,421 Corporate and Other 25,000 25,000 50,000 50,000 $ 10,751,994 $ 8,601,057 $ 20,863,770 $ 15,155,684 Operating Income (Loss): Hooters Full Service $ 54,196 $ (66,400 ) $ 43,745 $ (90,006 ) Better Burgers Fast Casual 7,524 (520,602 ) (60,514 ) (833,264 ) Just Fresh Fast Casual 45,753 (5,507 ) (27,455 ) 37,294 Corporate and Other (490,540 ) (993,729 ) (1,244,925 ) (2,210,273 ) $ (383,067 ) $ (1,586,238 ) $ (1,289,150 ) $ (3,096,249 ) Depreciation and Amortization Hooters Full Service $ 132,650 $ 136,931 $ 261,926 $ 275,596 Better Burgers Fast Casual 365,092 70,023 730,224 215,738 Just Fresh Fast Casual 79,247 64,193 154,370 125,662 Corporate and Other 953 1,159 1,862 2,259 $ 577,942 $ 272,306 $ 1,148,382 $ 619,255
Summary of Revenues, Operating Loss, Long-Lived Assets By Geographic Area	The following are revenues and operating income (loss) from continuing operations for the periods ended June 30, 2016 and 2015 and long-lived assets by geographic area as of June 30, 2016 and December 31, 2015: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Revenue: United States $ 8,675,755 $ 6,230,214 $ 16,904,900 $ 10,327,757 South Africa 1,307,517 1,567,847 2,521,573 3,245,429 Europe 768,723 802,996 1,437,297 1,582,498 $ 10,751,994 $ 8,601,057 $ 20,863,770 $ 15,155,684 Operating Income (Loss): United States $ (406,168 ) $ (1,671,346 ) $ (1,271,982 ) $ (3,162,476 ) South Africa (57,571 ) 29,368 (117,629 ) (24,260 ) Europe 80,673 55,740 100,460 90,487 $ (383,067 ) $ (1,586,238 ) $ (1,289,150 ) $ (3,096,249 ) Non-current Assets: June 30, 2016 December 31, 2015 United States $ 27,218,192 $ 27,348,207 South Africa 2,442,520 2,393,147 Europe 2,503,337 3,255,977 $ 32,164,049 $ 32,997,331

Disclosure About Fair Value (Ta

Disclosure About Fair Value (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value of Measured Assets and Liabilities	Assets and liabilities measured at fair value on a recurring basis are summarized in the following tables according to FASB ASC 820 pricing levels. Fair Value Measurement Using Quoted prices in active Significant markets of other Significant identical observable Unobservable Recorded assets inputs Inputs value (Level 1) (Level 2) (Level 3) June 30, 2016 Assets: Available-for-sale securities $ 11,480 $ 11,480 $ - $ - Liabilities: Embedded conversion feature 72,000 - - 72,000 Warrants 30,507 30,507 December 31, 2015 Assets: Available-for-sale securities $ 31,322 $ 31,322 $ - $ - Liabilities: Embedded conversion feature 1,094,300 - - 1,094,300 Warrants 137,308 137,308

Nature of Business (Details Nar

Nature of Business (Details Narrative)	6 Months Ended
	Jun. 30, 2016USD ($)Stores	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Cash	$ 983,211	$ 2,705,983	$ 1,224,415	$ 180,534
Current assets	4,409,909		3,818,576
Current liabilities	17,329,194		$ 16,181,033
Working capital deficit	12,900,000
Loss from continuing operations	$ (1,502,452)
BGR The Burger Joint [Member]
Proceeds from debt		13,100,000
Convertible debt		2,200,000
BT's Burger Joint [Member]
Proceeds from debt		$ 1,900,000
Minimum [Member]
Number of stores | Stores	6
Maximum [Member]
Number of stores | Stores	10

Significant Accounting Polici37

Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	13,640,309	11,412,887
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	9,506,304	9,556,304
Convertible Notes Payable [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	3,900,735	1,795,961
Convertible Interest [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	233,270	60,622

Significant Accounting Polici38

Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) (Parenthetical) - $ / shares	Jun. 30, 2016	Jun. 30, 2015
Warrant [Member]
Weighted avg exercise price		$ 4.93
Convertible Notes Payable [Member]
Weighted avg conversion price	$ 1.05	$ 1.05
Warrant [Member]
Weighted avg exercise price	$ 4.93

Acquisions (Details Narrative)

Acquisions (Details Narrative) - USD ($)	Sep. 30, 2015	Jul. 02, 2015	Mar. 15, 2015	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill				$ 12,569,290	$ 12,702,139	$ 15,812,260	$ 15,617,308
Just Fresh Business [Member]
Business Acquisition [Line Items]
Payments to acquire business in cash				72,215
Payment to allocated to acquire inventory				1,611
Goodwill				$ 70,604
The Burger Joint [Member]
Business Acquisition [Line Items]
Payments to acquire business in cash			$ 4,000,000
Acquistion date				Mar. 15, 2015
Number of common stock shares acquired during the period			500,000
Number of common stock acquired during the period			$ 1,000,000
Business acquisition purchase of contractual working capital adjustment			$ 276,429
BT's Burger Joint [Member]
Business Acquisition [Line Items]
Payments to acquire business in cash		$ 1,400,000
Goodwill				$ 1,040,542	978,350
Acquistion date				Jul. 1, 2015
Number of common stock shares acquired during the period		424,080
Number of common stock acquired during the period		$ 1,000,000
Little Big Burger [Member]
Business Acquisition [Line Items]
Payments to acquire business in cash	$ 3,600,000
Goodwill				$ 2,938,279	$ 2,938,279
Acquistion date				Sep. 30, 2015
Number of common stock shares acquired during the period	1,874,063
Number of common stock acquired during the period	$ 2,100,000

Acquisitions - Schedule of Asse

Acquisitions - Schedule of Assets Acquired and Liabilities Assumed Recorded at Estimated Fair Values (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Business Acquisition [Line Items]
Common stock	$ 4,062,317
Cash	9,276,429
Cash acquired	253,638
Property and equipment	5,387,283
Goodwill	4,641,858
Trademark/trade name/franchise fee	4,300,000
Inventory, deposits and other assets	473,334
Amounts held in escrow to satisfy acquired liabilities	675,000
Total assets acquired, less cash	15,731,113
Liabilities assumed	(1,820,007)
Deferred tax liabilities	(572,360)
Total consideration paid	13,338,746
The Burger Joint [Member]
Business Acquisition [Line Items]
Common stock	1,000,000
Cash	4,276,429
Cash acquired	11,000
Property and equipment	2,164,023
Goodwill	663,037
Trademark/trade name/franchise fee	2,750,000
Inventory, deposits and other assets	296,104
Amounts held in escrow to satisfy acquired liabilities
Total assets acquired, less cash	5,884,164
Liabilities assumed	(607,735)
Deferred tax liabilities
Total consideration paid	5,276,429
BT's Burger Joint [Member]
Business Acquisition [Line Items]
Common stock	1,000,848
Cash	1,400,000
Cash acquired	8,000
Property and equipment	1,511,270
Goodwill	1,040,542
Trademark/trade name/franchise fee
Inventory, deposits and other assets	103,451
Amounts held in escrow to satisfy acquired liabilities
Total assets acquired, less cash	2,663,263
Liabilities assumed	(262,415)
Deferred tax liabilities
Total consideration paid	2,400,848
Little Big Burger [Member]
Business Acquisition [Line Items]
Common stock	2,061,469
Cash	3,600,000
Cash acquired	234,638
Property and equipment	1,711,990
Goodwill	2,938,279
Trademark/trade name/franchise fee	1,550,000
Inventory, deposits and other assets	73,780
Amounts held in escrow to satisfy acquired liabilities	675,000
Total assets acquired, less cash	7,183,686
Liabilities assumed	(949,857)
Deferred tax liabilities	(572,360)
Total consideration paid	$ 5,661,470

Acquisitions - Schedule of Busi

Acquisitions - Schedule of Business Combination Pro Forma Information (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Business Combinations [Abstract]
Total revenues	$ 10,751,994	$ 20,901,270
Loss from continuing operations	$ (599,217)	$ (1,513,067)
Net loss from continuing operations per share, basic and diluted	$ (0.03)	$ (0.07)
Weighted average shares outstanding, basic and diluted	21,522,818	21,430,033

Discontinued Operations - Sched

Discontinued Operations - Schedule of Operating Results From Discontinued Assets and Liabilities (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Discontinued Operations - Schedule Of Operating Results From Discontinued Assets And Liabilities Details
Cash	$ 177,404	$ 303,471
Accounts receivable	21,600	19,328
Inventory	111,899	157,079
Property, plant and equipment	4,162,347	4,497,168
Goodwill and intangible assets	480,182	370,138
Other Assets	460,763	500,546
Valuation allowance	(3,740,688)
Total		5,389,300
Accounts payable and accrued liabilites	1,363,232	889,177
Due to affiliates	414,595	390,779
Deferred rent	54,724	58,647
Total		58,648
Net assets (liabilities) of discontinued operations	$ (159,043)	$ 4,644,126

Discontinued Operations - Sch43

Discontinued Operations - Schedule of Operating Results From Discontinued Operations Pre-Tax Loss (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Discontinued operations
Revenue			$ 2,970,401	$ 4,308,500
Restaurant cost of sales			1,042,543	1,426,151
Restaurant operating expenses			2,450,557	2,825,018
Restaurant pre-opening and closing expenses				258,850
General and administrative expenses			254,174	467,062
Depreciation and amortization			436,144	227,693
Other			22,893	33,229
Loss of discontinued operations			(1,235,909)	(929,503)
Loss on classification as held for sale	$ (3,876,161)		(3,876,161)
Total pretax loss of discontinued operations			(5,112,070)	(929,503)
Income tax
Loss on discontinued operations	$ (4,432,689)	$ (929,503)	$ (5,112,070)	$ (929,503)

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Assets under capital leases net book value	$ 32,901	$ 53,497
South African Restaurants [Member]
Property, Plant and Equipment [Line Items]
Assets under capital leases at cost	$ 158,681	$ 196,100

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 17,639,319	$ 17,155,222
Accumulated depreciation and amortization	(6,039,345)	(5,011,158)
Property and equipment, net	11,599,974	12,144,064
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	10,202,863	10,094,130
Restaurant Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	6,498,400	6,243,196
Construction In Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	64,441
Office and Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	8,025	5,470
Land and Buildings [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	757,560	708,020
Office Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 108,030	$ 104,406

Goodwill and Other Intangible46

Goodwill and Other Intangible Assets, Net - Schedule of Goodwill (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Goodwill [Line Items]
Goodwill	$ 12,569,290	$ 12,702,139	$ 15,812,260	$ 15,617,308
American Burger Company [Member]
Goodwill [Line Items]
Goodwill	2,806,990	2,806,990
BGR The Burger Joint [Member]
Goodwill [Line Items]
Goodwill	663,037	663,037
Little Big Burger [Member]
Goodwill [Line Items]
Goodwill	2,938,279	2,938,279
BT's Burger Joint [Member]
Goodwill [Line Items]
Goodwill	1,040,542	978,350
Just Fresh [Member]
Goodwill [Line Items]
Goodwill	495,755	425,151
Hooters South Africa [Member]
Goodwill [Line Items]
Goodwill	215,228	206,503
West End Wings UK [Member]
Goodwill [Line Items]
Goodwill	2,458,631	2,733,001
Hooters Pacific NW [Member]
Goodwill [Line Items]
Goodwill	$ 1,950,828	$ 1,950,828

Goodwill and Other Intangible47

Goodwill and Other Intangible Assets, Net - Summary of Changes in Carrying Amount of Goodwill (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Beginning Balance	$ 12,702,139	$ 15,617,308
Acquisitions	70,604	663,037
Adjustments	62,192
Foreign currency translation (loss) gain	(265,645)	(468,085)
Ending Balance	$ 12,569,290	$ 15,812,260

Goodwill and Other Intangible48

Goodwill and Other Intangible Assets, Net - Schedule of Other Intangible Assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 7,484,603		$ 7,473,662
Accumulated amortization	(848,780)		(696,726)
Intangible assets, net	6,635,823		6,776,936
Amortization expense	152,054	$ 84,504
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	5,776,930		5,776,930
Trademarks and Trade Names [Member] | Just Fresh [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 1,010,000		1,010,000
Estimated useful Life	10 years
Trademarks and Trade Names [Member] | American Roadside Burgers [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 1,786,930		1,786,930
Estimated useful Life	10 years
Trademarks and Trade Names [Member] | BGR The Burger Joint [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 1,430,000		1,430,000
Estimated useful Life description	Indefinite
Trademarks and Trade Names [Member] | Little Big Burger [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 1,550,000		1,550,000
Estimated useful Life description	Indefinite
Franchise Fees [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 1,707,673		1,696,732
Franchise Fees [Member] | South Africa [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 298,847		286,732
Estimated useful Life	20 years
Franchise Fees [Member] | Hooters Pacific NW [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 88,826		90,000
Estimated useful Life	20 years
Franchise Fees [Member] | BGR The Burger Joint [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible cost	$ 1,320,000		$ 1,320,000
Estimated useful Life description	Indefinite

Long-Term Debt and Notes Paya49

Long-Term Debt and Notes Payable (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Loan proceeds	$ 125,000	$ 2,204,369
Amortization of debt discount	726,317	1,592,414
Long Terrm Debt And Notes Payable [Member]
Amortization of debt discount	85,938	$ 85,933
Merchant Accounts [Member]
Payments for lender	$ 156,250
Percentage of daily credit and recipts	5.00%

Long-Term Debt and Notes Paya50

Long-Term Debt and Notes Payable - Summary of Long-Term Debt and Notes Payable (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Total Long-term Debt	$ 6,492,336	$ 6,481,644
Current portion of long-term debt	6,188,874	5,383,003
Long-term debt, less current portion	303,462	1,098,641
Note Payable, Due January 2017, Net of Discount of $85,930 and $171,868, Respectively [Member]
Short-term Debt [Line Items]
Total Long-term Debt	4,914,070	4,828,132
Note Payable, due January 2017 [Member]
Short-term Debt [Line Items]
Total Long-term Debt	814,440	942,918
Note Payable, due October 2018 [Member]
Short-term Debt [Line Items]
Total Long-term Debt	109,601	132,596
Mortgage Note, South Africa, due July 2024 [Member]
Short-term Debt [Line Items]
Total Long-term Debt	208,246	208,131
Bank overdraft facilities, South Africa, annual renewal [Member]
Short-term Debt [Line Items]
Total Long-term Debt	158,357	180,377
Equipment financing arrangements, South Africa [Member]
Short-term Debt [Line Items]
Total Long-term Debt	166,193	189,490
2016 Credit Facility, Due January 2017 [Member]
Short-term Debt [Line Items]
Total Long-term Debt	$ 121,429

Long-Term Debt and Notes Paya51

Long-Term Debt and Notes Payable - Summary of Long-Term Debt and Notes Payable (Details) (Parenthetical) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Note payable, net of discount	$ 274,345	$ 914,724
Note Payable, Due January 2017, Net of Discount of $85,930 and $171,868, Respectively [Member]
Note payable, net of discount	$ 85,930	$ 171,868
Note payable, due date	January 2,017	January 2,017
Note Payable, due January 2017 [Member]
Note payable, due date	January 2,017	January 2,017
Note Payable, due October 2018 [Member]
Note payable, due date	October 2,018	October 2,018
Mortgage Note, South Africa, due July 2024 [Member]
Note payable, due date	July 2,024	July 2,024

Convertible Notes Payable (Deta

Convertible Notes Payable (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Amortization of debt discount	$ 726,317	$ 1,592,414
Convertible Notes Payable [Member]
Amortization of debt discount	$ 640,379	$ 1,506,481

Convertible Notes Payable - Sch

Convertible Notes Payable - Schedule of Convertible Notes Payable (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Convertible Notes Payable [Line Items]
Total Long-term Debt	$ 6,492,336	$ 6,481,644
Current portion of long-term debt	6,188,874	5,383,003
Long-term debt, less current portion	303,462	1,098,641
6% Convertible Notes Payable Issued in August 2013 [Member]
Convertible Notes Payable [Line Items]
Total Long-term Debt	3,000,000	3,000,000
Convertible notes discount	(83,343)	(583,341)
8% Convertible Notes Payable Issued in Nov/Dec 2014
Convertible Notes Payable [Line Items]
Total Long-term Debt	100,000	100,000
Convertible notes discount
8% Convertible Notes Payable Issued in January 2015 [Member]
Convertible Notes Payable [Line Items]
Total Long-term Debt	150,000	150,000
Convertible notes discount	(70,079)	(93,231)
8% Convertible Notes Payable Issued in January 2015 [Member]
Convertible Notes Payable [Line Items]
Total Long-term Debt	475,000	475,000
Convertible notes discount	(120,922)	(238,152)
Convertible Notes Payable [Member]
Convertible Notes Payable [Line Items]
Total Long-term Debt	3,450,656	2,810,276
Current portion of long-term debt	(3,450,656)	(2,810,276)
Long-term debt, less current portion

Convertible Notes Payable - S54

Convertible Notes Payable - Schedule of Convertible Notes Payable (Details) (Parenthetical)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
6% Convertible Notes Payable Issued in August 2013 [Member]
Note payable, due date	August 2,013	August 2,013
8% Convertible Notes Payable Issued in Nov/Dec 2014
Note payable, due date	Nov/Dec 2014	Nov/Dec 2014
8% Convertible Notes Payable Issued in January 2015 [Member]
Note payable, due date	January 2,015	January 2,015
8% Convertible Notes Payable Issued in January 2015 [Member]
Note payable, due date	January 2,015	January 2,015

Capital Leases Payable - Schedu

Capital Leases Payable - Schedule of Lease Payments for Capital Leases (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Capital Leases Payable [Line Items]
Total capital leases payable	$ 34,207	$ 55,272
Current maturities	25,087	39,303
Capital leases payable, less current maturities	9,120	15,969
Capital lease payable, bearing interest at 11.5%, through August 2017 [Member]
Capital Leases Payable [Line Items]
Total capital leases payable	3,924	5,231
Capital lease payable, bearing interest at 11.5%, through December 2017 [Member]
Capital Leases Payable [Line Items]
Total capital leases payable	21,592	26,869
Capital lease payable, bearing interest at 11.5%, through July 2016 [Member]
Capital Leases Payable [Line Items]
Total capital leases payable	1,192	7,786
Capital lease payable, bearing interest at 11.5%, through November 2016 [Member]
Capital Leases Payable [Line Items]
Total capital leases payable	$ 7,499	$ 15,386

Capital Leases Payable - Sche56

Capital Leases Payable - Schedule of Lease Payments for Capital Leases (Details) (Parenthetical)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Capital lease payable, bearing interest at 11.5%, through August 2017 [Member]
Capital lease interest rate	11.50%	11.50%
Capital lease description	through August 2017	through August 2017
Capital lease payable, bearing interest at 11.5%, through December 2017 [Member]
Capital lease interest rate	11.50%	11.50%
Capital lease description	through December 2017	through December 2017
Capital lease payable, bearing interest at 11.5%, through July 2016 [Member]
Capital lease interest rate	11.50%	11.50%
Capital lease description	through July 2016	through July 2016
Capital lease payable, bearing interest at 11.5%, through November 2016 [Member]
Capital lease interest rate	11.50%	11.50%
Capital lease description	through November 2016	through November 2016

Accounts Payable and Accrued 57

Accounts Payable and Accrued Expenses - Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Accounts payable and accrued expenses	$ 4,114,942	$ 3,547,174
Accrued taxes (VAT, GST, Sales Payroll)	713,615	784,842
Accrued income taxes	85,880	27,709
Accrued interest	487,493	380,406
Accounts payable and accrued expenses	$ 5,401,930	$ 4,740,131

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - $ / shares	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Stockholder's Equity [Line Items]
Common stock, shares authorized	45,000,000	45,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares outstanding	21,957,147	21,337,247
Common stock, shares issued	21,957,147	21,337,247
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, par value	$ 0	$ 0
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Stock issued during period, shares, new issues	175,340
2014 Stock Incentive Plan [Member]
Stockholder's Equity [Line Items]
Number of shares available for future issuance	4,000,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Warrants Activity (Details)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Equity [Abstract]
Number of Warrants Outstanding beginning balance, shares | shares	9,506,304
Granted, shares | shares
Exercised, shares | shares
Forfeited, shares | shares
Number of Warrants Outstanding ending balance, shares | shares	9,506,304
Exercisable, shares | shares	9,506,304
Weighted-average exercise price, Outstanding beginning balance | $ / shares	$ 4.93
Weighted-average exercise price, Granted | $ / shares
Weighted-average exercise price, Exercised | $ / shares
Weighted-average exercise price, Forfeited | $ / shares
Weighted-average exercise price, Outstanding ending balance | $ / shares	4.93
Exercisable, Weighted-average exercise price | $ / shares	$ 4.93
Weighted Average Remaining Life In Years, Outstanding	1 year 6 months
Weighted Average Remaining Life In Years, Exercisable	1 year 6 months

Stockholders' Equity - Schedu60

Stockholders' Equity - Schedule of Warrants Outstanding (Details)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Warrants outstanding, Weighted-average remaining contractual life ( in years)	1 year 6 months
Warrant [Member]
Number of warrants, outstanding	9,506,304
Number of warrants exercisable	9,506,304
Range 1 [Member] | Warrant [Member]
Range of exercise prices, upper limit | $ / shares	$ 5
Number of warrants, outstanding	7,439,631
Warrants outstanding, Weighted-average remaining contractual life ( in years)	1 year 4 months 24 days
Number of warrants exercisable	7,439,631
Range 2 [Member] | Warrant [Member]
Range of exercise prices, lower limit | $ / shares	$ 3
Range of exercise prices, upper limit | $ / shares	$ 3.99
Number of warrants, outstanding	799,901
Warrants outstanding, Weighted-average remaining contractual life ( in years)	2 years 1 month 6 days
Number of warrants exercisable	799,901
Range 3 [Member] | Warrant [Member]
Range of exercise prices, lower limit | $ / shares	$ 2
Range of exercise prices, upper limit | $ / shares	$ 2.99
Number of warrants, outstanding	954,272
Warrants outstanding, Weighted-average remaining contractual life ( in years)	3 years 1 month 6 days
Number of warrants exercisable	954,272
Range 4 [Member] | Warrant [Member]
Range of exercise prices, lower limit | $ / shares	$ 1
Range of exercise prices, upper limit | $ / shares	$ 2.99
Number of warrants, outstanding	312,500
Warrants outstanding, Weighted-average remaining contractual life ( in years)	3 years 6 months
Number of warrants exercisable	312,500

Related Party Transactions - Sc

Related Party Transactions - Schedule of Non-Interest Bearing Loans and Advances from Related Parties (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Due to related parties	$ 209,963	$ 12,963
Chanticleer Investors LLC [Member]
Related Party Transaction [Line Items]
Due to related parties	197,000
Hoot SA I, LLC [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 12,963	12,963
Chanticleer Investors LLC [Member]
Related Party Transaction [Line Items]
Due to related parties

Related Party Transactions - 62

Related Party Transactions - Schedule of Earned Income and Made Advance to Related Parties (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Due from related parties	$ 45,615	$ 45,615
Hoot Sa II, III, IV LLC [Member]
Related Party Transaction [Line Items]
Due from related parties	$ 45,615	$ 45,615

Segment Information - Schedule

Segment Information - Schedule of Revenues and Operating Income (loss) by Segment (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenue:	$ 10,751,994	$ 8,601,057	$ 20,863,770	$ 15,155,684
Operating Income (Loss):	(383,067)	(1,586,238)	(1,289,150)	(3,096,249)
Depreciation and Amortization	577,942	272,306	1,148,382	619,255
Operating Segments [Member]
Revenue:	10,751,994	8,601,057	20,863,770	15,155,684
Operating Income (Loss):	(383,067)	(1,586,238)	(1,289,150)	(3,096,249)
Depreciation and Amortization	577,942	272,306	1,148,382	619,255
Operating Segments [Member] | Hooters Full Service [Member]
Revenue:	3,338,259	3,653,985	6,512,171	7,419,385
Operating Income (Loss):	54,196	(66,400)	43,745	(90,006)
Depreciation and Amortization	132,650	136,931	261,926	275,596
Operating Segments [Member] | Better Burgers Fast Casual [Member]
Revenue:	5,898,316	3,455,838	11,449,966	4,914,878
Operating Income (Loss):	7,524	(520,602)	(60,514)	(833,264)
Depreciation and Amortization	365,092	70,023	730,224	215,738
Operating Segments [Member] | Just Fresh Fast Casual [Member]
Revenue:	1,490,419	1,466,234	2,851,632	2,771,421
Operating Income (Loss):	45,753	(5,507)	(27,455)	37,294
Depreciation and Amortization	79,247	64,193	154,370	125,662
Operating Segments [Member] | Corporate and Other [Member]
Revenue:	25,000	25,000	50,000	50,000
Operating Income (Loss):	(490,540)	(993,729)	(1,244,925)	(2,210,273)
Depreciation and Amortization	$ 953	$ 1,159	$ 1,862	$ 2,259

Segment Information - Summary o

Segment Information - Summary of Revenues, Operating Loss, Long-Lived Assets By Geographic Area (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenue:	$ 10,751,994	$ 8,601,057	$ 20,863,770	$ 15,155,684
Operating Income (Loss):	(383,067)	(1,586,238)	(1,289,150)	(3,096,249)
Non-current Assets:	32,164,049		32,164,049		$ 32,997,331
United States [Member]
Segment Reporting Information [Line Items]
Revenue:	8,675,755	6,230,214	16,904,900	10,327,757
Operating Income (Loss):	(406,168)	(1,671,346)	(1,271,982)	(3,162,476)
Non-current Assets:	27,218,192		27,218,192		27,348,207
South Africa [Member]
Segment Reporting Information [Line Items]
Revenue:	1,307,517	1,567,847	2,521,573	3,245,429
Operating Income (Loss):	(57,571)	29,368	(117,629)	(24,260)
Non-current Assets:	2,442,520		2,442,520		2,393,147
Europe [Member]
Segment Reporting Information [Line Items]
Revenue:	768,723	802,996	1,437,297	1,582,498
Operating Income (Loss):	80,673	$ 55,740	100,460	$ 90,487
Non-current Assets:	$ 2,503,337		$ 2,503,337		$ 3,255,977

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	6 Months Ended
	Jun. 30, 2016USD ($)shares
Commitments and Contingencies Disclosure [Line Items]
Debt owned amount	$ 480,000
Loss contingency, estimated recovery from third party	Rolalor and Labyrinth, be wound up in satisfaction of an alleged debt owed in the total amount of R4,082,636 (approximately $480,000).
Maximum gross settlement	$ 675,000
Attorney's fees	$ 225,000
Acquisition of shares issued | shares	1,619,646
Cash held in escrow	$ 200,000
Accrued liabilities settlement amount	675,000
South Africa, Rand [Member]
Commitments and Contingencies Disclosure [Line Items]
Debt owned amount	$ 4,082,636

Disclosures About Fair Value -

Disclosures About Fair Value - Schedule of Fair Value of Measured Assets and Liabilities (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fair Value Disclosure [Line Items]
Available-for-sale securities	$ 11,480	$ 31,322
Embedded conversion feature	72,000	1,094,300
Warrants	30,507	137,308
Quoted Prices In Active Markets of Identical Assets (Level 1) [Member]
Fair Value Disclosure [Line Items]
Available-for-sale securities	11,480	31,322
Embedded conversion feature
Warrants
Significant Other Observable Inputs (Level 2) [Member]
Fair Value Disclosure [Line Items]
Available-for-sale securities
Embedded conversion feature
Warrants
Significant Unobservable Inputs (Level 3) [Member]
Fair Value Disclosure [Line Items]
Available-for-sale securities
Embedded conversion feature	72,000	1,094,300
Warrants	$ 30,507	$ 137,308