| Document and Entity Information | 9 Months Ended | |
| Sep. 30, 2013 | Nov. 01, 2013 | |
| Document And Entity Information | ' | ' |
| Entity Registrant Name | 'NOBLE ROMANS INC | ' |
| Entity Central Index Key | '0000709005 | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 30-Sep-13 | ' |
| Amendment Flag | 'false | ' |
| Current Fiscal Year End Date | '--12-31 | ' |
| Is Entity a Well-known Seasoned Issuer? | 'No | ' |
| Is Entity a Voluntary Filer? | 'No | ' |
| Is Entity's Reporting Status Current? | 'Yes | ' |
| Entity Filer Category | 'Smaller Reporting Company | ' |
| Entity Common Stock, Shares Outstanding | ' | 19,570,089 |
| Document Fiscal Period Focus | 'Q3 | ' |
| Document Fiscal Year Focus | '2013 | ' |
| Condensed Consolidated Balance Sheets (Unaudited) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
| Assets | ' | ' |
| Cash | $122,241 | $144,354 |
| Accounts and note receivable - net | 1,664,664 | 1,080,362 |
| Inventories | 472,613 | 460,839 |
| Assets held for resale | 0 | 259,579 |
| Prepaid expenses | 602,280 | 379,669 |
| Deferred tax asset - current portion | 1,400,000 | 1,400,000 |
| Total current assets | 4,261,798 | 3,724,803 |
| Equipment | 1,337,959 | 1,166,103 |
| Leasehold improvements | 88,718 | 12,283 |
| Total | 1,426,677 | 1,178,386 |
| Less accumulated depreciation and amortization | 944,008 | 905,376 |
| Net property and equipment | 482,669 | 273,010 |
| Deferred tax asset (net of current portion) | 8,387,752 | 9,238,536 |
| Other assets including long-term portion of receivables-net | 4,209,576 | 3,924,404 |
| Total assets | 17,341,795 | 17,160,753 |
| Liabilities and Stockholders' Equity | ' | ' |
| Current portion of long-term note payable to bank | 1,250,000 | 1,250,000 |
| Accounts payable and accrued expenses | 296,785 | 510,710 |
| Total current liabilities | 1,546,785 | 1,760,710 |
| Note payable to bank - net of current portion | 2,083,333 | 3,020,833 |
| Total long-term liabilities | 2,083,333 | 3,020,833 |
| Stockholders' equity: | ' | ' |
| Common stock - no par value (25,000,000 shares authorized, 19,516,589 issued and outstanding as of December 31, 2012 and 19,560,089 issued and outstanding as of September 30, 2013) | 23,471,503 | 23,366,058 |
| Preferred stock - no par value (5,000,000 shares authorized and 20,625 issued and outstanding as of December 31, 2012 and September 30, 2013) | 800,250 | 800,250 |
| Accumulated deficit | -10,560,076 | -11,787,098 |
| Total stockholders' equity | 13,711,677 | 12,379,210 |
| Total liabilities and stockholders' equity | $17,341,795 | $17,160,753 |
| Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
| Stockholders' equity: | ' | ' |
| Preferred stock, par value | $0 | $0 |
| Preferred stock, authorized shares | 5,000,000 | 5,000,000 |
| Preferred stock, issued shares | 20,625 | 20,625 |
| Preferred stock, outstanding shares | 20,625 | 20,625 |
| Common stock, par value | $0 | $0 |
| Common stock, authorized shares | 25,000,000 | 25,000,000 |
| Common stock, issued shares | 19,560,089 | 19,516,589 |
| Common stock, outstanding shares | 19,560,089 | 19,516,589 |
| Condensed Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
| Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
| Income Statement [Abstract] | ' | ' | ' | ' |
| Royalties and fees | $1,818,625 | $1,728,207 | $5,458,434 | $5,199,187 |
| Administrative fees and other | 5,393 | 5,202 | 14,268 | 17,944 |
| Restaurant revenue | 108,789 | 111,259 | 338,220 | 358,788 |
| Total revenue | 1,932,807 | 1,844,668 | 5,810,922 | 5,575,919 |
| Operating expenses: | ' | ' | ' | ' |
| Salaries and wages | 268,530 | 250,216 | 780,560 | 747,199 |
| Trade show expense | 130,617 | 128,357 | 390,157 | 372,481 |
| Travel expense | 54,030 | 46,234 | 153,585 | 140,607 |
| Other operating expenses | 195,430 | 170,488 | 559,750 | 520,697 |
| Restaurant expenses | 89,336 | 100,514 | 304,186 | 332,789 |
| Depreciation and amortization | 28,346 | 28,561 | 85,034 | 87,786 |
| General and administrative | 414,640 | 394,122 | 1,235,188 | 1,182,508 |
| Total expenses | 1,180,929 | 1,118,492 | 3,508,460 | 3,384,067 |
| Operating income | 751,878 | 726,176 | 2,302,462 | 2,191,852 |
| Interest and other expense | 47,206 | 61,211 | 150,610 | 355,831 |
| Income before income taxes | 704,672 | 664,965 | 2,151,852 | 1,836,021 |
| Income tax expense | 277,556 | 263,393 | 850,783 | 727,247 |
| Net income | 427,116 | 401,572 | 1,301,069 | 1,108,774 |
| Cumulative preferred dividends | 24,682 | 24,682 | 74,047 | 74,318 |
| Net income available to common stockholders | $402,434 | $376,890 | $1,227,022 | $1,034,456 |
| Earnings per share - basic: | ' | ' | ' | ' |
| Net income | $0.02 | $0.02 | $0.07 | $0.06 |
| Net income available to common stockholders | $0.02 | $0.02 | $0.06 | $0.05 |
| Weighted average number of common shares outstanding | 19,524,594 | 19,506,886 | 19,519,287 | 19,491,274 |
| Diluted earnings per share: | ' | ' | ' | ' |
| Net income | $0.02 | $0.02 | $0.06 | $0.06 |
| Net income available to common stockholders | $0.02 | $0.02 | $0.06 | $0.05 |
| Weighted average number of common shares outstanding | 20,264,150 | 20,070,990 | 20,258,842 | 20,055,378 |
| Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (USD $) | Preferred Stock | Common Stock | Accumulated Deficit | Total |
| Beginning Balance, Amount at Dec. 31, 2012 | $800,250 | $23,366,058 | ($11,787,098) | $12,379,210 |
| Beginning Balance, Shares at Dec. 31, 2012 | ' | 19,516,589 | ' | ' |
| Cumulative preferred dividends | ' | ' | -74,047 | -74,047 |
| Amortization of value of employee stock options | ' | 88,020 | ' | 88,020 |
| Net income for nine months ended September 30, 2013 | ' | ' | 1,301,069 | 1,301,069 |
| Exercise of employee stock options, Amount | ' | 17,425 | ' | 17,425 |
| Exercise of employee stock options, Shares | ' | 43,500 | ' | ' |
| Ending Balance, Amount at Sep. 30, 2013 | $800,250 | $23,471,503 | ($10,560,076) | $13,711,677 |
| Ending Balance, Shares at Sep. 30, 2013 | ' | 19,560,089 | ' | ' |
| Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
| Sep. 30, 2013 | Sep. 30, 2012 | |
| OPERATING ACTIVITIES | ' | ' |
| Net income | $1,301,069 | $1,108,774 |
| Depreciation and amortization | 126,653 | 150,734 |
| Deferred income taxes | 850,783 | 727,248 |
| Changes in operating assets and liabilities: | ' | ' |
| Accounts and notes receivable | -584,302 | -327,304 |
| Inventories | -11,773 | -85,690 |
| Prepaid expenses | -222,612 | -228,566 |
| Other assets | -267,172 | -381,558 |
| Accounts payable and accrued expenses | -22,831 | -86,254 |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 1,169,815 | 877,384 |
| INVESTING ACTIVITIES | ' | ' |
| Purchase of property and equipment | -6,712 | -13,715 |
| NET CASH USED IN INVESTING ACTIVITIES | -6,712 | -13,715 |
| FINANCING ACTIVITIES | ' | ' |
| Payment of cumulative preferred dividends | -74,047 | -74,318 |
| Payment of principal outstanding under prior bank loan | 0 | -3,575,000 |
| Payment of principal outstanding of officer loan | 0 | -1,255,821 |
| Net proceeds from new bank loan | 0 | 4,812,457 |
| Payment of principal outstanding under new bank loan | -937,500 | -416,667 |
| Payment of alternative minimum tax | 0 | -34,515 |
| Proceeds from the exercise of employee stock options | 17,425 | 18,200 |
| NET CASH USED IN FINANCING ACTIVITIES | -994,122 | -525,664 |
| DISCONTINUED OPERATIONS | ' | ' |
| Payment of obligations from discontinued operations | -191,094 | -408,533 |
| Decrease in cash | -22,113 | -70,528 |
| Cash at beginning of period | 144,354 | 233,296 |
| Cash at end of period | 122,241 | 162,768 |
| None. | ' | ' |
| Cash paid for interest | $123,209 | $207,123 |
| 1. Basis of Presentation | 9 Months Ended |
| Sep. 30, 2013 | |
| Notes to Financial Statements | ' |
| 1. Basis of Presentation | ' |
| The accompanying unaudited interim condensed consolidated financial statements, included herein, have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. These condensed consolidated statements have been prepared in accordance with the Company’s accounting policies described in the Annual Report on Form 10-K for the year ended December 31, 2012 and should be read in conjunction with the audited consolidated financial statements and the notes thereto included in that report. Unless the context indicates otherwise, references to the “Company” mean Noble Roman’s, Inc. and its subsidiaries. | |
| In the opinion of the management of the Company, the information contained herein reflects all adjustments necessary for a fair presentation of the results of operations and cash flows for the interim periods presented and the financial condition as of the dates indicated, which adjustments are of a normal recurring nature. The results for the nine-month period ended September 30, 2013 are not necessarily indicative of the results to be expected for the full year ending December 31, 2013. |
| 2. Royalties and Fees | 9 Months Ended |
| Sep. 30, 2013 | |
| Notes to Financial Statements | ' |
| 2. Royalties and Fees | ' |
| Royalties and fees included initial franchise fees of $131,000 and $256,000 for the three-month and nine-month periods ended September 30, 2012, and $340,000 and $675,000 for the three-month and nine-month periods ended September 30, 2013, respectively. Royalties and fees included equipment commissions of $32,000 and $55,000 for the three-month and nine-month periods ended September 30, 2012, and $31,000 and $61,000 for the three-month and nine-month periods ended September 30, 2013, respectively. Royalties and fees, less initial franchise fees and equipment commissions were $1.6 million and $4.9 million for the respective three-month and nine-month periods ended September 30, 2012, however those amounts included $100,000 and $400,000, respectively, to increase the estimated net realizable value of receivables in the Heyser case related to units no longer in operation. Without those adjustments, royalties and fees, less initial franchise fees and equipment commissions were $1.5 million and $4.5 million for the three-month and nine-month periods ended September 30, 2012 and $1.5 million and $4.7 million for the respective three-month and nine-month periods ended September 30, 2013. Most of the cost for the services required to be performed by the Company are incurred prior to the franchise fee income being recorded, which is based on a contractual liability of the franchisee. For the most part, the Company’s royalty income is paid by the Company initiating a draft on the franchisee’s account by electronic withdrawal. The Company has no material amount of past due royalties. | |
| There were 1,847 franchises/licenses in operation on December 31, 2012 and 1,992 franchises/licenses in operation on September 30, 2013. During the nine-month period ended September 30, 2013 there were 169 new outlets opened and 24 outlets closed. In the ordinary course, grocery stores from time to time add products, remove them and subsequently re-offer them. Therefore, it is unknown how many licensed grocery store units have left the system. |
| 3. Earnings per Share | 9 Months Ended | ||||||||||||
| Sep. 30, 2013 | |||||||||||||
| Notes to Financial Statements | ' | ||||||||||||
| 3. Earnings per Share | ' | ||||||||||||
| The following table sets forth the calculation of basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2013: | |||||||||||||
| Three Months Ended September 30, 2013 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 427,116 | 19,524,594 | $ | 0.02 | ||||||||
| Less preferred stock dividends | 24,682 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 402,434 | 0.02 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 739,556 | ||||||||||||
| Convertible preferred stock | 24,682 | ||||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 427,116 | 20,264,150 | $ | 0.02 | ||||||||
| Nine Months Ended September 30, 2013 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 1,301,069 | 19,519,287 | $ | 0.07 | ||||||||
| Less preferred stock dividends | 74,047 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 1,227,022 | 0.06 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 739,556 | ||||||||||||
| Convertible preferred stock | 74,047 | ||||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 1,301,069 | 20,258,842 | $ | 0.06 | ||||||||
| The following table sets forth the calculation of basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2012: | |||||||||||||
| Three Months Ended September 30, 2012 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 401,572 | 19,506,886 | $ | 0.02 | ||||||||
| Less preferred stock dividends | 24,682 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 376,890 | 0.02 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 197,438 | ||||||||||||
| Convertible preferred stock | 24,682 | 366,666 | |||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 401,572 | 20,070,990 | $ | 0.02 | ||||||||
| Nine Months Ended September 30, 2012 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 1,108,774 | 19,491,274 | $ | 0.06 | ||||||||
| Less preferred stock dividends | 74,318 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 1,034,456 | 0.05 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 197,438 | ||||||||||||
| Convertible preferred stock | 74,318 | 366,666 | |||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 1,108,774 | 20,055,378 | $ | 0.06 | ||||||||
| 4. Subsequent Events | 9 Months Ended |
| Sep. 30, 2013 | |
| Notes to Financial Statements | ' |
| 4. Subsequent Events | ' |
| On October 31, 2013, the Company announced it intends to repurchase all outstanding shares of its Series B Preferred Stock (the “Series B Shares”) pursuant to a call provision contained in the terms of the Series B Shares. In accordance with the call provision, the Company may repurchase the Series B Shares at a price of $40 per share, or an aggregate of $825,000 for the 20,625 Series B Shares currently outstanding. The holders of the Series B Shares have been receiving a 12% dividend. Each Series B Share is convertible into the Company’s common stock at a conversion price of $2.25 per share. The outstanding Series B Shares are convertible into a total of 366,666 shares of common stock. The repurchase of the Series B Shares will therefore eliminate future dilution to the common shareholders by the amount of the shares of common stock that would have been issued upon conversion. | |
| To finance the repurchase of the Series B Shares, the Company amended its existing term loan (the “Credit Agreement Amendment”) with BMO Harris Bank, N.A. (the “Bank”). The Credit Agreement Amendment extends the term of the Company’s existing $3.2 million loan to provide for repayment over 40 months in equal monthly payments of principal plus interest at the then current rate of LIBOR plus 4.00% per annum (currently 4.17%). The principal amount of the loan was increased by $825,000 for the purpose of repurchasing the Series B Shares. The additional principal amount is payable over 40 months in equal monthly payments of principal plus interest at a variable rate equal to the then current rate of LIBOR plus 6.08% per annum (currently 6.25%). The Credit Agreement Amendment reduces the Company’s monthly debt payments. In addition, the Bank agreed to terminate a provision in the loan requiring the Company to make additional principal payments based on excess cash flow. | |
| There are no other subsequent events that require recognition or disclosure beyond what is disclosed in this report. | |
| 3. Earnings per Share (Tables) | 9 Months Ended | ||||||||||||
| Sep. 30, 2013 | |||||||||||||
| Earnings Per Share Tables | ' | ||||||||||||
| Earnings Per Share | ' | ||||||||||||
| The following table sets forth the calculation of basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2013: | |||||||||||||
| Three Months Ended September 30, 2013 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 427,116 | 19,524,594 | $ | 0.02 | ||||||||
| Less preferred stock dividends | 24,682 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 402,434 | 0.02 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 739,556 | ||||||||||||
| Convertible preferred stock | 24,682 | ||||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 427,116 | 20,264,150 | $ | 0.02 | ||||||||
| Nine Months Ended September 30, 2013 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 1,301,069 | 19,519,287 | $ | 0.07 | ||||||||
| Less preferred stock dividends | 74,047 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 1,227,022 | 0.06 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 739,556 | ||||||||||||
| Convertible preferred stock | 74,047 | ||||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 1,301,069 | 20,258,842 | $ | 0.06 | ||||||||
| The following table sets forth the calculation of basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2012: | |||||||||||||
| Three Months Ended September 30, 2012 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 401,572 | 19,506,886 | $ | 0.02 | ||||||||
| Less preferred stock dividends | 24,682 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 376,890 | 0.02 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 197,438 | ||||||||||||
| Convertible preferred stock | 24,682 | 366,666 | |||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 401,572 | 20,070,990 | $ | 0.02 | ||||||||
| Nine Months Ended September 30, 2012 | |||||||||||||
| Income | Shares | Per-Share | |||||||||||
| (Numerator) | (Denominator) | Amount | |||||||||||
| Net income | $ | 1,108,774 | 19,491,274 | $ | 0.06 | ||||||||
| Less preferred stock dividends | 74,318 | ||||||||||||
| Earnings per share - basic | |||||||||||||
| Income available to common stockholders | 1,034,456 | 0.05 | |||||||||||
| Effect of dilutive securities | |||||||||||||
| Options | 197,438 | ||||||||||||
| Convertible preferred stock | 74,318 | 366,666 | |||||||||||
| Dilutive earnings per share | |||||||||||||
| Income available to common stockholders and assumed conversions | $ | 1,108,774 | 20,055,378 | $ | 0.06 | ||||||||
| 2. Royalties and Fees (Details Narrative) (USD $) | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | |||||
| Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
| Integer | Integer | Initial Franchisee Fees [Member] | Initial Franchisee Fees [Member] | Initial Franchisee Fees [Member] | Initial Franchisee Fees [Member] | Equipment Commission [Member] | Equipment Commission [Member] | Equipment Commission [Member] | Equipment Commission [Member] | |
| Royalties and Fees | ' | ' | $340,000 | $131,000 | $675,000 | $256,000 | $31,000 | $32,000 | $61,000 | $55,000 |
| Number of Franchisee | 1,992 | 1,847 | ' | ' | ' | ' | ' | ' | ' | ' |
| Outlets opened | 169 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Outlets closed | 24 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| 3. Earnings Per Share (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
| Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
| Net Income | ' | ' | ' | ' |
| Income (Numerator) | $427,116 | $401,572 | $1,301,069 | $1,108,774 |
| Shares (Denominator) | 19,524,594 | 19,506,886 | 19,519,287 | 19,491,274 |
| Per-Share (Amount) | $0.02 | $0.02 | $0.07 | $0.06 |
| Less Preferred Stock Dividend | ' | ' | ' | ' |
| Income (Numerator) | 24,682 | 24,682 | 74,047 | 74,318 |
| Earnings Per Share Basic-Income Available To Common Stockholders | ' | ' | ' | ' |
| Income (Numerator) | 402,434 | 376,890 | 1,227,022 | 1,034,456 |
| Per-Share (Amount) | $0.02 | $0.02 | $0.06 | $0.05 |
| Effects Of Dilutive Securities-Options | ' | ' | ' | ' |
| Shares (Denominator) | 739,556 | 197,438 | 739,556 | 197,438 |
| Effects Of Dilutive Securities-Convertible Preferred Stock | ' | ' | ' | ' |
| Income (Numerator) | 24,682 | 24,682 | 74,047 | 74,318 |
| Shares (Denominator) | ' | 366,666 | ' | 366,666 |
| Diluted Earnings Per Share-Income Available To Common Stockholders And Assumed Conversions | ' | ' | ' | ' |
| Income (Numerator) | $427,116 | $401,572 | $1,301,069 | $1,108,774 |
| Shares (Denominator) | 20,264,150 | 20,070,990 | 20,258,842 | 20,055,378 |
| Per-Share (Amount) | $0.02 | $0.02 | $0.06 | $0.06 |
