RCI Hospitality (RICK) 10-Q 11 Aug 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Jun. 30, 2014	Jul. 31, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'RICK	'
Entity Common Stock, Shares Outstanding	'	10,138,777
Entity Registrant Name	'RCI HOSPITALITY HOLDINGS, INC.	'
Entity Central Index Key	'0000935419	'
Current Fiscal Year End Date	'--09-30	'
Entity Filer Category	'Accelerated Filer	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$11,102	$10,638
Accounts receivable:	'	'
Trade, net	1,501	1,382
Other, net	741	328
Marketable securities	586	555
Inventories	1,797	1,472
Assets held for sale	3,177	0
Deferred tax asset	5,325	4,618
Prepaid expenses and other current assets	2,895	1,668
Total current assets	27,124	20,661
Property and equipment, net	112,697	98,629
Other assets:	'	'
Goodwill	43,987	43,987
Other indefinite lived intangibles	55,231	54,966
Definite lived intangibles	811	1,065
Other	3,859	3,792
Total other assets	103,888	103,810
Total assets	243,709	223,100
Current liabilities:	'	'
Accounts payable	1,485	1,816
Accrued liabilities	7,358	5,232
Texas patron tax liability	15,405	13,035
Current portion of long-term debt	13,079	8,830
Total current liabilities	37,327	28,913
Deferred tax liability	26,884	26,354
Other long-term liabilities	1,034	956
Long-term debt	69,304	69,762
Total liabilities	134,549	125,985
Commitments and contingencies	'	'
PERMANENT STOCKHOLDERS' EQUITY:	'	'
Preferred stock, $.10 par, 1,000 shares authorized; none issued and outstanding	0	0
Common stock, $.01 par, 20,000 shares authorized; 10,085 and 9,504 shares issued and outstanding, respectively	101	95
Additional paid-in capital	66,907	61,506
Accumulated other comprehensive loss	81	50
Retained earnings	38,946	32,130
Total RCIH’s permanent stockholders’ equity	106,035	93,781
Noncontrolling interests	3,125	3,334
Total permanent stockholders’ equity	109,160	97,115
Total liabilities and stockholders’ equity	$243,709	$223,100

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Jun. 30, 2014	Sep. 30, 2013
In Thousands, except Per Share data, unless otherwise specified
Preferred stock, par value (in dollars per share)	$0.10	$0.10
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	20,000	20,000
Common stock, shares issued	10,085	9,504
Common stock, shares outstanding	10,085	9,504

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues:	'	'	'	'
Sales of alcoholic beverages	$13,626	$11,105	$38,300	$32,554
Sales of food and merchandise	4,076	3,288	11,478	8,744
Service revenues	14,035	12,382	41,112	38,089
Other	1,606	1,533	4,746	4,790
Total revenues	33,343	28,308	95,636	84,177
Operating expenses:	'	'	'	'
Cost of goods sold	4,295	3,680	12,083	10,561
Salaries and wages	7,219	6,413	20,650	18,600
Stock compensation	2	282	156	845
Other general and administrative:	'	'	'	'
Taxes and permits	5,150	4,302	14,707	13,069
Charge card fees	479	409	1,356	1,126
Rent	1,315	846	3,699	2,199
Legal and professional	1,206	797	2,420	2,454
Advertising and marketing	1,420	1,187	4,111	3,452
Insurance	1,014	573	2,785	1,642
Utilities	650	523	1,891	1,564
Depreciation and amortization	1,532	1,341	4,438	3,987
Loss on sale of property	334	0	248	0
Settlement of lawsuits and other one-time costs	3,233	160	3,503	160
Other	2,602	2,335	7,624	6,973
Total operating expenses	30,451	22,848	79,671	66,632
Operating income	2,892	5,460	15,965	17,545
Other income (expense):	'	'	'	'
Interest income	0	-2	112	6
Interest expense	-2,060	-1,868	-5,996	-5,274
Gain on change in fair value of derivative instruments	0	1	0	2
Income before income taxes	832	3,591	10,081	12,279
Income taxes	203	1,343	3,448	4,533
Net income	629	2,248	6,633	7,746
Less: net (income) loss attributable to noncontrolling interests	62	-53	183	-159
Net income attributable to RCI Hospitality Holdings, Inc.	$691	$2,195	$6,816	$7,587
Basic earnings per share attributable to RCIH’s shareholders:	'	'	'	'
Net income (in dollars per share)	$0.07	$0.23	$0.70	$0.80
Diluted earnings per share attributable to RCIH’s shareholders:	'	'	'	'
Net income (in dollars per share)	$0.07	$0.23	$0.69	$0.79
Weighted average number of common shares outstanding:	'	'	'	'
Basic (in shares)	9,883	9,479	9,695	9,523
Diluted (in shares)	9,968	9,647	9,922	9,871

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net income	$629	$2,248	$6,633	$7,746
Other comprehensive income:	'	'	'	'
Unrealized holding gain (loss) on securities available for sale	13	-10	31	-13
Comprehensive income	642	2,238	6,664	7,733
Less: net (income) loss attributable to noncontrolling interests	62	-53	183	-159
Comprehensive income to common stockholders	$704	$2,185	$6,847	$7,574

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net income	$6,633	$7,746
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	4,438	3,988
Deferred taxes	225	-103
Amortization of note discount	65	143
Gain on change in fair value of derivative instruments	0	-2
Deferred rents	-17	-42
Stock compensation expense	156	845
Loss on sale of assets	248	0
Changes in operating assets and liabilities:	'	'
Accounts receivable	-532	-319
Inventories	-324	-208
Prepaid expenses and other assets	-1,286	-3,496
Accounts payable and accrued liabilities	4,192	5,593
Cash provided by operating activities	13,798	14,145
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Additions to property and equipment	-11,822	-5,497
Proceeds from sale of marketable securities	0	500
Proceeds from sale of assets	223	0
Acquisition of development rights in New York building	-5,325	0
Acquisition of businesses, net of cash acquired	-500	-3,645
Net cash used by investing activities	-17,424	-8,642
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Purchase of put options and payments on derivative instrument	0	-139
Payments on long-term debt	-5,899	-7,219
Proceeds from long-term debt	7,025	7,000
Exercise of stock options	3,126	0
Purchase of treasury stock	0	-1,478
Distribution to minority interests	-162	-162
Cash provided by (used in) financing activities	4,090	-1,998
NET INCREASE IN CASH	464	3,505
CASH AT BEGINNING OF PERIOD	10,638	5,523
CASH AT END OF PERIOD	11,102	9,028
CASH PAID DURING PERIOD FOR:	'	'
Interest	5,618	4,753
Income taxes	$2,553	$3,389

CONSOLIDATED_STATEMENTS_OF_CAS1

CONSOLIDATED STATEMENTS OF CASH FLOWS NON CASH TRANSACTIONS (USD $)	9 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Debt incurred with seller in connection with acquiring businesses and real estate	$4,900,000	$13,600,000
Issue of shares of common stock for debt and interest Value of shares	2,100,000	'
Issue of shares of common stock for debt and interest Number of shares	211,443	'
Purchase and retirement of treasury shares: Number of shares	'	176,255
Purchase and retirement of treasury shares: Cost of shares	'	1,478,482
Warrants Issued During Period Value Issued For Debt	'	$38,256

BASIS_OF_PRESENTATION_AND_NAME

BASIS OF PRESENTATION AND NAME CHANGE	9 Months Ended
	Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1. BASIS OF PRESENTATION AND NAME CHANGE
	The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q of Regulation S-X. They do not include all information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. However, except as disclosed herein, there has been no material change in the information disclosed in the notes to the consolidated financial statements for the year ended September 30, 2013 included in the Company's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. The interim unaudited financial statements should be read in conjunction with those financial statements included in the Form 10-K. In the opinion of management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the nine months ended June 30, 2014 are not necessarily indicative of the results that may be expected for the year ending September 30, 2014.
	At the Company’s Annual Meeting of Stockholders on August 6, 2014, stockholders approved changing its name to RCI Hospitality Holdings, Inc . (“RCIH”).

RECENT_ACCOUNTING_STANDARDS_AN

RECENT ACCOUNTING STANDARDS AND PRONOUNCEMENTS	9 Months Ended
	Jun. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	'
	2. RECENT ACCOUNTING STANDARDS AND PRONOUNCEMENTS
	The FASB has issued Accounting Standards Update (ASU) No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The amendments in the ASU change the criteria for reporting discontinued operations while enhancing disclosures in this area. It also addresses sources of confusion and inconsistent application related to financial reporting of discontinued operations guidance in U.S. GAAP. Under the new guidance, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. Examples include a disposal of a major geographic area, a major line of business, or a major equity method investment. In addition, the new guidance requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations. The new guidance also requires disclosure of the pre-tax income attributable to a disposal of a significant part of an organization that does not qualify for discontinued operations reporting. This disclosure will provide users with information about the ongoing trends in a reporting organization’s results from continuing operations. The amendments in the ASU are effective in the first quarter of 2015 for public organizations with calendar year ends. Early adoption is permitted. The Company has adopted this guidance beginning with the quarter ended March 31, 2014.
	In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606). The guidance in this update supersedes the revenue recognition requirements in Topic 605, Revenue Recognition. Under the new guidance, an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The amendments in ASU No, 2014-09 are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. We are currently evaluating the impact of adopting the guidance on our financial statements.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	3. SIGNIFICANT ACCOUNTING POLICIES
	Following are certain remarkable accounting principles and disclosures.
	Marketable Securities
	Marketable securities at June 30, 2014 consist of bond funds. ASC 320, Investments in Debt and Equity Securities, requires certain investments be recorded at fair value or amortized cost. The appropriate classification of the investments in marketable equity is determined at the time of purchase and re-evaluated at each balance sheet date. As of June 30, 2014, the Company’s marketable securities were classified as available-for-sale, which are carried at fair value, with unrealized gains and losses reported as other comprehensive income within the stockholders’ equity section of the accompanying consolidated balance sheets. The cost of marketable securities sold is determined on a specific identification basis. The fair value of marketable securities is based on quoted market prices based on Level 1 inputs — quoted prices (unadjusted) for identical assets or liabilities in active markets.
	There have been no realized gains or losses related to marketable securities for the nine month periods ended June 30, 2014 or 2013.  Marketable securities held at June 30, 2014 have a cost basis of approximately $505,000.
	Fair Value Accounting
	ASC 820 clarifies the definition of fair value, describes methods used to appropriately measure fair value, and expands fair value disclosure requirements, but does not change existing guidance as to whether or not an instrument is carried at fair value.
	US GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:
		·	Level 1 – Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active     markets.
		·	Level 2 – Include other inputs that are directly or indirectly observable in the marketplace.
		·	Level 3 – Unobservable inputs which are supported by little or no market activity.
	The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
	The Company classifies its marketable securities as available-for-sale, which are reported at fair value. Unrealized gains and losses, net of the related income tax effect, if any, on available-for-sale securities are included in comprehensive income and are reported as accumulated other comprehensive income in stockholders’ equity. Realized gains and losses from securities classified as available for-sale are included in income. The Company measures the fair value of its marketable securities based on quoted prices for identical securities in active markets, or Level 1 inputs. As of June 30, 2014, available-for-sale securities consisted of the following:
					Gross
	(in thousands)		Cost		Unrealized		Fair
	Available for Sale		Basis		Gains		Value
	Tax-Advantaged Bond Fund		$	505	$	81	$	586
	In accordance with ASC Topic 320, Investments — Debt and Equity Securities , the Company reviews its marketable securities to determine whether a decline in fair value of a security below the cost basis is other than temporary. Should the decline be considered other than temporary, the Company writes down the cost basis of the security and include the loss in current earnings as opposed to an unrealized loss in comprehensive income.No losses for other than temporary impairments in the Company’s marketable securities portfolio were recognized during the quarter ended June 30, 2014.
	Financial assets and liabilities measured at fair value on a recurring basis are summarized below:
	(in thousands)		Carrying
	June 30, 2014		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	586	$	586	$	-	$	-
	(in thousands)		Carrying
	September 30, 2013		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	555	$	555	$	-	$	-
	Discontinued Operations
	In prior consolidated financial statements, the Company has disclosed certain discontinued operations – nightclubs that the Company has closed or sold. Those discontinued operations have now become immaterial; therefore, the Company has eliminated the disclosure in the accompanying consolidated financial statements.
	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current year presentation.

STOCK_OPTIONS_AND_STOCKBASED_E

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION	9 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	4. STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION
	Employee and Director Stock Option Plans
	In 1995, the Company adopted the 1995 Stock Option Plan (the “1995 Plan”) for employees and directors. In August 1999, the Company adopted the 1999 Stock Option Plan (the “1999 Plan”) and in 2010, the Company’s Board of Directors approved the 2010 Stock Option Plan (the “2010 Plan”) (collectively, “the Plans”).  The 2010 Plan was approved by the shareholders of the Company at the 2011 Annual Meeting of Shareholders. The options granted under the Plans may be either incentive stock options, or non-qualified options. The Plans are administered by the Board of Directors or by a compensation committee of the Board of Directors. The Board of Directors has the exclusive power to select individuals to receive grants, to establish the terms of the options granted to each participant, provided that all options granted shall be granted at an exercise price equal to at least 85% of the fair market value of the common stock covered by the option on the grant date and to make all determinations necessary or advisable under the Plans.
	The compensation costs recognized for the three months ended June 30, 2014 and 2013 were $2,922 and $281,745, respectively, and were $156,449 and $845,325 for the nine months then ended, respectively. There were 269,665 and 369,665 stock option exercises aggregating $2.3 million and $3.1 million, respectively, during the three and nine months ended June 30, 2014. There were no stock option exercises for the three and nine months ended  June 30, 2013. There were no stock option grants for the three and nine months ended June 30, 2014.
	Stock Option Activity
	The following is a summary of all stock option transactions for the nine months ended June 30, 2014:
	(in thousands, except for per share	Shares		Weighted		Weighted		Aggregate
	and year information)			Average		Average		Intrinsic
				Exercise Price		Remaining		Value
						Contractual
						Term
						(years)
	Outstanding as of September 30, 2013		765	$	8.41
	Granted		-		-
	Cancelled or expired		-22		8.54
	Exercised		-370		8.45
	Outstanding as of June 30, 2014		373	$	8.36		0.16	$	690
	Options exercisable as of June 30, 2014		373	$	8.36		0.16	$	690
	The 362,835 options exercisable as of June 30, 2014 expired on July 2, 2014.

GOODWILL_AND_OTHER_INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	9 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure [Text Block]	'
	5. GOODWILL AND OTHER INTANGIBLES
	Following are the changes in the carrying amounts of goodwill and licenses for the nine months ended June 30, 2014 and 2013:
	(in thousands)	2014				2013
		Licenses		Goodwill		Licenses		Goodwill
	Beginning balance	$	54,966	$	43,987	$	50,608	$	43,421
	Intangibles acquired		-		-		4,358		997
	Other		265		-		-		-431
	Ending balance	$	55,231	$	43,987	$	54,966	$	43,987

LONGTERM_DEBT

LONG-TERM DEBT	9 Months Ended
	Jun. 30, 2014
Debt Disclosure [Abstract]	'
Long-term Debt [Text Block]	'
	6	LONG-TERM DEBT
	On October 15, 2013, the Company sold to certain investors (i) 9% Convertible Debentures with an aggregate principal amount of $4,525,000 (the “Debentures”), under the terms and conditions set forth in the Debentures, and (ii) warrants to purchase a total of 72,400 shares of the Company’s common stock (the “Warrants”), under the terms and conditions set forth in the Warrants. Each of the Debentures has a term of three years, is convertible into shares of our common stock at a conversion price of $12.50 per share (subject to adjustment), and has an annual interest rate of 9%, with one initial payment of interest only due April 15, 2014. Thereafter, the principal amount is payable in 10 equal quarterly principal payments, which amounts to a total of $452,500, plus accrued and unpaid interest. Six months after the issue date of the Debentures, we have the right to redeem the Debentures if the Company’s common stock has a closing price of $16.25 (subject to adjustment) for 20 consecutive trading days. The Warrants have an exercise price of $12.50 per share (subject to adjustment) and expire on October 15, 2016. In the event there is an effective registration statement registering the shares of common stock underlying the Warrants, we have the right to require exercise of the Warrants if our common stock has a closing price of $16.25 (subject to adjustment) for 20 consecutive trading days. The Company sold the Debentures and Warrants to the investors in a private transaction and received consideration of $4,525,000. An adviser to the Company received compensation in the amount of $271,500 in connection with advising the Company regarding the sale of the Debentures and Warrants.
	The fair value of the warrants was estimated to be $105,318 in accordance with FASB ASC 820, Fair Value Measurements, using a Black-Scholes option-pricing model using the following weighted average assumptions:
	Volatility		28.4	%
	Expected life		1.5 years
	Expected dividend yield		-
	Risk free rate		0.33	%
	The cost of the warrants has been recognized as a discount on the related debt and was amortized over the life of the debt.
	In October 2013 the Company borrowed $ 2.5 million from an individual. The note is collateralized by a second lien on the Company’s Miami nightclub, bears interest at 13% and interest only is payable monthly until the principal matures in 36 months.
	In December 2013 the Company purchased an aircraft for $4.3 million which was partially financed by a $3.6 million note to a bank. The note is payable $40,654 monthly, including interest at 7.45% until February 2017 when the entire principal balance becomes due.
	In May 2014, the Company acquired certain real estate in Houston, Texas for the purpose of constructing a corporate headquarters building. The cost of the land was $707,000 and was partially financed with a $531,000 note, payable $18,151 per quarter until May 2019, including interest at 6.5%.
	In October 2013, the Company acquired certain real estate in Beaumont, Texas. The cost of the property was $850,000 and was partially financed with a $700,000 note, payable $10,565 per month until October 2020. This property is now under contract for sale and is a portion of the assets held for sale in the accompanying consolidated balance sheet.

COMMON_STOCK

COMMON STOCK	9 Months Ended
	Jun. 30, 2014
Equity [Abstract]	'
Common Stock [Text Block]	'
	7	COMMON STOCK
	During the nine months ended June 30, 2013, the Company purchased and retired 176,255 common treasury shares. The cost of these shares was $1,478,482. These shares have been retired.
	During the nine months ended June 30, 2014, the Company converted debt principal and interest valued at $2.1 million into 211,443 common shares.

EARNINGS_PER_SHARE_EPS

EARNINGS PER SHARE ("EPS")	9 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	8	EARNINGS PER SHARE (“EPS”)
	The Company computes earnings per share in accordance with FASB ASC 260, Earnings Per Share. ASC 260 provides for the calculation of basic and diluted earnings per share. Basic earnings per share includes no dilution and is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of the Company.
	Potential common stock shares consist of shares that may arise from outstanding dilutive common stock warrants and options (the number of which is computed using the “treasury stock method”) and from outstanding convertible debentures (the number of which is computed using the “if converted method”).
	Diluted EPS considers the potential dilution that could occur if the Company’s outstanding common stock options, warrants and convertible debentures were converted into common stock that then shared in the Company’s earnings (as adjusted for interest expense that would no longer occur if the debentures were converted).
			FOR THE QUARTER				FOR THE NINE MONTHS
			ENDED JUNE 30,				ENDED JUNE 30,
			2014		2013		2014		2013
	Basic earnings per share:
	Net income attributable to RCIH's shareholders		$	691	$	2,195	$	6,816	$	7,587
	Average number of common shares outstanding			9,883		9,479		9,695		9,523
	Basic earnings per share - net income attributable to RCIH's shareholders		$	0.07	$	0.23	$	0.7	$	0.8
	Diluted earnings per share:
	Net income attributable to RCIH's shareholders		$	691	$	2,195	$	6,816	$	7,587
	Adustment. to net earnings from assumed conversion of debentures (1)			-		23		60		221
	Adjusted net income attributable to RCIH's shareholders		$	691	$	2,218	$	6,876	$	7,808
	Average number of common shares outstanding:
	Common shares outstanding			9,883		9,479		9,695		9,523
	Potential dilutive shares resulting from exercise of warrants and options (2)			85		22		96		22
	Potential dilutive shares resulting from conversion of debentures (3)			-		146		131		326
	Total average number of common shares outstanding used for dilution			9,968		9,647		9,922		9,871
	Diluted earnings per share - net income attributable to RCIH's shareholders		$	0.07	$	0.23	$	0.69	$	0.79
	(1) Represents interest expense on dilutive convertible debentures that would not occur if they were assumed converted.
	(2) All outstanding warrants and options were considered for the EPS computation.
	(3) Convertible debentures (principal and accrued interest) outstanding at June 30, 2014 and 2013 totaling $10.5 million and $5.3 million, respectively, were convertible into common stock at a price of $10.00 to $12.50 per share in 2014 and $10.00 to $10.25 per share in 2013. Potential dilutive shares amounting to $1.5 million and $1.4 million for the three and nine month periods ended June 30, 2014, respectively, have been excluded from earnings per share due to being anti-dilutive. Potential dilutive shares of 375,000 and zero for each of the three and nine month periods ended June 30, 2013, have been excluded from earnings per share due to being anti-dilutive.
	* EPS may not foot due to rounding.

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	9. ACQUISITIONS
	Quarter Ended December 31, 2013
	In October 2013, the Company purchased 49 percent of a corporation that operates the Dallas club “PT’s Platinum” and also acquired the building and personal property. Total cost of the transaction was $500,000. This subsidiary is being consolidated in the Company’s consolidated financial statements, effective as of the date of the purchase.
	The following information summarizes the allocation of fair values assigned to the assets at the purchase date.
	Buildings and land	$	350
	Property and equipment		20
	SOB license		265
	Minority interest		-135
	Net assets	$	500
	2013
	In connection with the acquisition of the Foster Clubs, as explained in Note M in the Company’s Form 10-K for the year ended September 30, 2012, the Company’s wholly owned subsidiary, Jaguars Holdings, Inc. (“JHI”), entered into a Commercial Contract (the “Real Estate Agreement”), which agreement provided for JHI to purchase the real estate where the Foster Clubs are located. The transactions contemplated by the Real Estate Agreement closed on October 16, 2012. The purchase price of the real estate was $10.1 million (discounted to $9.6 million as explained below) and was paid with $350,000 in cash, $9.1 million in mortgage notes, including the assumption of approximately $4.2 million in notes, and an agreement to make a one-time payment of $650,000 in twelve years that bears no interest. The note bears interest at the rate of 9.5%, is payable in 143 equal monthly installments and is secured by the real estate properties. The Company has recorded a debt discount of $431,252 related to the one-time payment of $650,000. The Company reduced previously recognized goodwill because the purchase of the Foster Clubs operations and the real estate were considered to be one purchase transaction with multiple closings and were included in the same purchase agreement.
	The following information summarizes the allocation of fair values assigned to the assets at the purchase date.
	Buildings and land	$	10,066
	Goodwill		-431
	Net assets	$	9,635
	On March 4, 2013, the Company completed the acquisition of a second adult business in midtown Manhattan. The Company then opened a new gentlemen's club at the 61 West 37th Street location, just east of Sixth Avenue. The Company  paid $3 million for the business, with $1.5 million paid in cash and the remaining $1.5 million in six percent promissory notes convertible into shares of Company  common stock. The notes call for monthly payments of $16,653, including principal and interest, and mature in 120 months. At the option of the noteholders, the principal amount of the notes and the accrued but unpaid interest thereon may be converted into shares of the Company’s common stock at $10.25 per share. The notes are redeemable by the Company at any time if the closing price of its common stock for 20 consecutive trading days is at least $13.47 per share.
	The following information summarizes the allocation of fair values assigned to the assets and liabilities at the purchase date.
	(in thousands)
	Noncompete	$	150
	Goodwill		997
	SOB licenses		2,850
	Deferred taxes		-997
	Net assets	$	3,000
	The Company incurred approximately $34,000 in legal costs associated with the acquisition, which are included in legal and professional expense in the accompanying consolidated statement of income.
	Goodwill in the acquisition represents the offset to the deferred tax liability recorded as a result of the difference in the basis of the net assets for tax and financial purposes.  The goodwill is not deductible for income tax purposes.  The results of operations of this company are included in the Company’s consolidated results of operations since March 5, 2012. This acquisition was made to further the Company’s growth objective of acquiring nightclubs that will quickly contribute to the Company’s earnings per share.  Proforma results of operations have not been provided, as the amounts were not deemed material to the consolidated financial statements.
	On May 29, 2013, our wholly owned subsidiary, RCI Entertainment (Delamo), Inc., completed the acquisition of the remaining 50 % of 1957 Delamo, LLC, which owns a new adult cabaret in Los Angeles County, California. We issued 100,000 restricted shares of our common stock to an individual in consideration for outstanding membership interests of 1957 Delamo, LLC. These shares were valued at $863,000. The Company had previously paid $600,000 in cash for the initial 50 % investment.
	The following information summarizes the allocation of fair values assigned to the assets at the purchase date. (in thousands)
	Furniture and equipment	$	200
	SOB licenses		1,263
	Net assets	$	1,463
	The Company incurred approximately $ 7,000 in legal costs associated with the acquisition, which are included in legal and professional expense in the accompanying consolidated statement of income.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	10. INCOME TAXES
	Income tax expense on continuing operations for the periods presented differs from the “expected” federal income tax expense computed by applying the U.S. federal statutory rate of 34% to earnings before income taxes for the three months ended December 31, as a result of the following:
		For the Three Months				For the Nine Months
		Ended June 30,				Ended June 30,
		2014		2013		2014		2013
	Computed expected tax expense	$	283	$	1,221	$	3,428	$	4,175
	State income taxes		76		72		181		110
	Stock option disqualifying dispositions
	and other permanent differences		-156		50		-161		248
	Total income tax expense	$	203	$	1,343	$	3,448	$	4,533
	Included in the Company’s deferred tax liabilities at June 30, 2014 is approximately $17.2 million representing the tax effect of indefinite lived intangible assets from club acquisitions which are not deductible for tax purposes. These deferred tax liabilities will remain in the Company’s balance sheet until the related clubs are sold.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	11. COMMITMENTS AND CONTINGENCIES
	Legal Matters
	Beginning January 1, 2008, the Company’s Texas clubs became subject to a new state law requiring each club to collect and pay a $5 surcharge for every club visitor.  A lawsuit was filed by the Texas Entertainment Association (“TEA”), an organization to which the Company is a member, alleging the fee amounts to be an unconstitutional tax.  On March 28, 2008, a State District Court Judge in Travis County, Texas ruled that the new state law violates the First Amendment to the United States Constitution and is therefore invalid.  The judge’s order enjoined the State from collecting or assessing the tax.  The State appealed the Court’s ruling.  In Texas, when cities or the State give notice of appeal, it supersedes and suspends the judgment, including the injunction.  Therefore, the judgment of the District Court cannot be enforced until the appeals are completed.  Given the suspension of the judgment, the State gave notice of its right to collect the tax pending the outcome of its appeal but took no affirmative action to enforce that right.  On June 5, 2009, the Court of Appeals for the Third District (Austin) affirmed the District Court’s judgment that the Sexually Oriented Business (“S.O.B.”) Fee violated the First Amendment to the U.S. Constitution but on August 26, 2011, the Texas Supreme Court reversed the judgment of the Court of Appeals, ruling that the SOB Fee does not violate the First Amendment to the U.S. Constitution, and remanded the case to the District Court to determine whether the fee violates the Texas Constitution.
	TEA appealed the Texas Supreme Court's decision to the U.S. Supreme Court (regarding the constitutionality of the fee under the First Amendment of the U.S. Constitution), but the U.S. Supreme Court denied the appeal on January 23, 2012. Subsequently, the case was remanded to the District Court for consideration of the remaining issues raised by TEA.  On June 28, 2012, the District Court in Travis County held a hearing on TEA’s Texas Constitutional claims and on July 9, 2012 entered an order finding that the tax was a constitutional Occupations Tax.  The Court denied the remainder of TEA’s constitutional claims.  TEA appealed the trial court’s ruling to the Third Court of Appeals and on May 9, 2014, the Third Court of Appeals issues a ruling adverse to TEA and in favor of the State.  TEA filed a petition for review to the Texas Supreme Court on July 17, 2014, and is awaiting a decision by the court.
	The Company has not made any payments of these taxes since the first quarter of 2009 and plans not to make any such payments while the case is pending in the courts. However, the Company will continue to accrue and expense the potential tax liability on its financial statements, so any ultimate negative ruling will not have any effect on its consolidated income statement and will only affect the consolidated balance sheet. If the final decision of the courts is ultimately in the Company’s favor, as it believes it will be, then the Company will record a one-time gain of the entire amount previously expensed.
	Since the inception of the tax, the Company has paid more than $2 million to the State of Texas under protest for all four quarters of 2008 and the first quarter of 2009, expensing it in the consolidated financial statements (except for two locations in Dallas where the taxes have not been paid, but the Company is accruing and expensing the liability).  For all subsequent quarters, as a result of the Third Court’s 2009 decision, the Company has accrued the tax, but not paid the State.  Accordingly, as of June 30, 2014, the Company has approximately $15.4 million in accrued liabilities for this tax.  Patron tax expense amounted to approximately $765,000 and $746,000 for the quarters ended June 30, 2014 and 2013, respectively. The Company’s Texas clubs have filed a separate lawsuit against the State in which the Company raises additional challenges to the statute imposing the fee or tax, demanding repayment of the taxes the Company has paid under this statute.  The courts have not yet addressed these additional claims.  If the Company is successful in the remaining litigation, the amount the Company has paid under protest should be repaid or applied to any future, constitutional admission tax or other Texas state tax liabilities.
	The Company’s subsidiary that operated the club in Las Vegas has recently been audited by the Department of Taxation of the State of Nevada for sales and other taxes.  The audit period was from the date of opening in September 2008 through July 31, 2010.  As a result of the audit, the Department of Taxation contends that the Company’s Las Vegas subsidiary owes approximately $2.1 million, including penalties and interest, for Las Vegas Live Entertainment Taxes.  The Company does not believe it was subject to the Live Entertainment Tax, but to avoid further litigation, agreed to settle this contingency during July 2014 for $775,000. This amount has been accrued as a liability and expensed in settlement of lawsuits and other one-time costs in the accompanying consolidated financial statements as of June 30, 2014.
	The Company and subsidiaries RCI Entertainment (New York), Inc. (“RCI NY”) and Peregrine Enterprises, Inc. (“Peregrine”) have been defendants in a federal court action, pending since March 30, 2009, in the Southern District of New York relating to claims under the Fair Labor Standards Act and New York’s wage and hour laws. While Plaintiffs do not specifically allege the amount of monetary relief sought in their Complaint, Plaintiffs have alleged that they are seeking judgment equal to any unpaid wages, liquidated damages, interest, costs and attorneys’ fees pursuant to the FLSA and New York Labor Law. The Company, RCI NY and Peregrine deny liability in this matter, are vigorously defending the allegations and have asserted counterclaims and affirmative defenses for offset and unjust enrichment. Discovery is now complete and on September 10, 2013, the court ruled on the parties’ motions for summary judgment. The court granted summary judgment in favor of the Plaintiffs on their causes of action for minimum wage and held that entertainers at RCI NY are employees, that Peregrine was an employer of the Plaintiffs and that under federal law, RCI NY’s statutory duty to pay minimum wages was not satisfied by the performance fees Plaintiffs’ received.  The court has not yet ruled on whether performance fees can offset minimum wages under New York state law. The court denied the Plaintiffs’ attempt to hold the Company or RCI NY liable as joint employers with Peregrine and the issue of whether the Company and RCI NY are also employers will be determined at a trial.  Ultimately, the Company, RCI NY and Peregrine intend to appeal the summary judgment ruling.  The Company has moved to decertify the Rule 23 class and the FLSA collective, which motion is presently pending before the court.
	As previously reported, the Company and its subsidiaries were insured under a liability policy issued by Indemnity Insurance Corporation, RRG (“IIC”) through October 25, 2013.  The Company and its subsidiaries changed insurance companies on that date.
	On November 7, 2013, the Court of Chancery of the State of Delaware entered a Rehabilitation and Injunction Order (“Rehabilitation Order”), which declared IIC impaired, insolvent and in an unsafe condition and placed IIC under the supervision of the Insurance Commissioner of the State of Delaware (“Commissioner”) in her capacity as receiver (“Receiver”).  The Rehabilitation Order empowered the Commissioner to rehabilitate IIC through a variety of means, including gathering assets and marshaling those assets as necessary.  Further, the order stayed or abated pending lawsuits involving IIC as the insurer until May 6, 2014.
	On April 10, 2014, the Court of Chancery of the State of Delaware entered a Liquidation and Injunction Order With Bar Date (“Liquidation Order”), which ordered the liquidation of IIC and terminated all insurance policies or contracts of insurance issued by IIC.  The Liquidation Order further ordered that all claims against IIC must be filed with the Receiver before the close of business on January 16, 2015 and that all pending lawsuits involving IIC as the insurer are further stayed or abated until October 7, 2014.  As a result, the Company and its subsidiaries no longer have insurance coverage under the liability policy with IIC.  Currently, there are multiple civil lawsuits pending or threatened against the Company and its subsidiaries; and other potential lawsuits for incidents that occurred before October 25, 2013 could still be filed.  The Company has retained counsel to defend against and evaluate these claims and lawsuits.  The Company also plans to file the appropriate claims against IIC with the Receiver by the January 16, 2015 deadline; however, there are no assurances of any recovery from these claims. It is unknown at this time what effect this uncertainty will have on the Company.  As previously stated, the Company has obtained general liability coverage from another insurer, effective October 25, 2013, which will cover any claims arising from actions after that date.
	Settlement of lawsuits and other one-time costs include a $2 million settlement with a claimant which was unpaid by our general liability insurance carrier. We will be filing a claim with the insurance company’s estate and with the state’s insurance fund for this settlement.

ASSETS_HELD_FOR_SALE

ASSETS HELD FOR SALE	9 Months Ended
	Jun. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment Disclosure [Text Block]	'
	12. ASSETS HELD FOR SALE
	Assets held for sale represent two items at June 30, 2014: Land and building in Beaumont, Texas and an aircraft. Each of these assets is under contract for sale as of June 30, 2014. These assets are carried at the lower of their carrying value or fair value, less cost to sell.

WARRANTS_ISSUED

WARRANTS ISSUED	9 Months Ended
	Jun. 30, 2014
Stockholders Equity Note [Abstract]	'
Stockholders Equity Note Disclosure [Text Block]	'
	13. WARRANTS ISSUED
	In February 2014, the Company issued warrants to acquire 100,000 shares of Company common shares to a financial adviser. The exercise price of the warrants was $11.77, the market price of the shares at the time. The warrants were exercisable immediately and expire in two years. The fair value of the warrants, which was entirely charged to expense upon issuance, was estimated to be $147,683 in accordance with FASB ASC 820, Fair Value Measurements, using a Black-Scholes option-pricing model using the following weighted average assumptions:
	Volatility	31.5	%
	Expected life	1.0 years
	Expected dividend yield	-
	Risk free rate	0.12	%

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Marketable Securities, Policy [Policy Text Block]	'
	Marketable Securities
	Marketable securities at June 30, 2014 consist of bond funds. ASC 320, Investments in Debt and Equity Securities, requires certain investments be recorded at fair value or amortized cost. The appropriate classification of the investments in marketable equity is determined at the time of purchase and re-evaluated at each balance sheet date. As of June 30, 2014, the Company’s marketable securities were classified as available-for-sale, which are carried at fair value, with unrealized gains and losses reported as other comprehensive income within the stockholders’ equity section of the accompanying consolidated balance sheets. The cost of marketable securities sold is determined on a specific identification basis. The fair value of marketable securities is based on quoted market prices based on Level 1 inputs — quoted prices (unadjusted) for identical assets or liabilities in active markets.
	There have been no realized gains or losses related to marketable securities for the nine month periods ended June 30, 2014 or 2013.  Marketable securities held at June 30, 2014 have a cost basis of approximately $505,000.
Fair Value Measurement, Policy [Policy Text Block]	'
	Fair Value Accounting
	ASC 820 clarifies the definition of fair value, describes methods used to appropriately measure fair value, and expands fair value disclosure requirements, but does not change existing guidance as to whether or not an instrument is carried at fair value.
	US GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:
		⋅	Level 1 – Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active     markets.
		⋅	Level 2 – Include other inputs that are directly or indirectly observable in the marketplace.
		⋅	Level 3 – Unobservable inputs which are supported by little or no market activity.
	The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
	The Company classifies its marketable securities as available-for-sale, which are reported at fair value. Unrealized gains and losses, net of the related income tax effect, if any, on available-for-sale securities are included in comprehensive income and are reported as accumulated other comprehensive income in stockholders’ equity. Realized gains and losses from securities classified as available for-sale are included in income. The Company measures the fair value of its marketable securities based on quoted prices for identical securities in active markets, or Level 1 inputs. As of June 30, 2014, available-for-sale securities consisted of the following:
					Gross
	(in thousands)		Cost		Unrealized		Fair
	Available for Sale		Basis		Gains		Value
	Tax-Advantaged Bond Fund		$	505	$	81	$	586
	In accordance with ASC Topic 320, Investments — Debt and Equity Securities , the Company reviews its marketable securities to determine whether a decline in fair value of a security below the cost basis is other than temporary. Should the decline be considered other than temporary, the Company writes down the cost basis of the security and include the loss in current earnings as opposed to an unrealized loss in comprehensive income.No losses for other than temporary impairments in the Company’s marketable securities portfolio were recognized during the quarter ended June 30, 2014.
	Financial assets and liabilities measured at fair value on a recurring basis are summarized below:
	(in thousands)		Carrying
	June 30, 2014		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	586	$	586	$	-	$	-
	(in thousands)		Carrying
	September 30, 2013		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	555	$	555	$	-	$	-
Discontinued Operations, Policy [Policy Text Block]	'
	Discontinued Operations
	In prior consolidated financial statements, the Company has disclosed certain discontinued operations – nightclubs that the Company has closed or sold. Those discontinued operations have now become immaterial; therefore, the Company has eliminated the disclosure in the accompanying consolidated financial statements.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current year presentation.

SIGNIFICANT_ACCOUNTING_POLICIE2

SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Available-for-sale Securities [Table Text Block]	'
	The Company measures the fair value of its marketable securities based on quoted prices for identical securities in active markets, or Level 1 inputs. As of June 30, 2014, available-for-sale securities consisted of the following:
				Gross
	(in thousands)	Cost		Unrealized		Fair
	Available for Sale	Basis		Gains		Value
	Tax-Advantaged Bond Fund	$	505	$	81	$	586
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	'
	Financial assets and liabilities measured at fair value on a recurring basis are summarized below:
	(in thousands)	Carrying
	June 30, 2014	Amount		Level 1		Level 2		Level 3
	Marketable securities	$	586	$	586	$	-	$	-
	(in thousands)	Carrying
	September 30, 2013	Amount		Level 1		Level 2		Level 3
	Marketable securities	$	555	$	555	$	-	$	-

STOCK_OPTIONS_AND_STOCKBASED_E1

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Tables)	9 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
	The following is a summary of all stock option transactions for the nine months ended June 30, 2014:
	(in thousands, except for per share	Shares		Weighted		Weighted		Aggregate
	and year information)			Average		Average		Intrinsic
				Exercise Price		Remaining		Value
						Contractual
						Term
						(years)
	Outstanding as of September 30, 2013		765	$	8.41
	Granted		-		-
	Cancelled or expired		-22		8.54
	Exercised		-370		8.45
	Outstanding as of June 30, 2014		373	$	8.36		0.16	$	690
	Options exercisable as of June 30, 2014		373	$	8.36		0.16	$	690

GOODWILL_AND_OTHER_INTANGIBLES1

GOODWILL AND OTHER INTANGIBLES (Tables)	9 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Intangible Assets and Goodwill [Table Text Block]	'
	Following are the changes in the carrying amounts of goodwill and licenses for the nine months ended June 30, 2014 and 2013:
	(in thousands)	2014				2013
		Licenses		Goodwill		Licenses		Goodwill
	Beginning balance	$	54,966	$	43,987	$	50,608	$	43,421
	Intangibles acquired		-		-		4,358		997
	Other		265		-		-		-431
	Ending balance	$	55,231	$	43,987	$	54,966	$	43,987

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables) (Warrants Outstanding 105,318 [Member])	9 Months Ended
	Jun. 30, 2014
Warrants Outstanding 105,318 [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	'
	The fair value of the warrants was estimated to be $105,318 in accordance with FASB ASC 820, Fair Value Measurements, using a Black-Scholes option-pricing model using the following weighted average assumptions:
	Volatility	28.4	%
	Expected life	1.5 years
	Expected dividend yield	-
	Risk free rate	0.33	%

EARNINGS_PER_SHARE_EPS_Tables

EARNINGS PER SHARE ("EPS") (Tables)	9 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		FOR THE QUARTER				FOR THE NINE MONTHS
		ENDED JUNE 30,				ENDED JUNE 30,
		2014		2013		2014		2013
	Basic earnings per share:
	Net income attributable to RCIH's shareholders	$	691	$	2,195	$	6,816	$	7,587
	Average number of common shares outstanding		9,883		9,479		9,695		9,523
	Basic earnings per share - net income attributable to RCIH's shareholders	$	0.07	$	0.23	$	0.7	$	0.8
	Diluted earnings per share:
	Net income attributable to RCIH's shareholders	$	691	$	2,195	$	6,816	$	7,587
	Adustment. to net earnings from assumed conversion of debentures (1)		-		23		60		221
	Adjusted net income attributable to RCIH's shareholders	$	691	$	2,218	$	6,876	$	7,808
	Average number of common shares outstanding:
	Common shares outstanding		9,883		9,479		9,695		9,523
	Potential dilutive shares resulting from exercise of warrants and options (2)		85		22		96		22
	Potential dilutive shares resulting from conversion of debentures (3)		-		146		131		326
	Total average number of common shares outstanding used for dilution		9,968		9,647		9,922		9,871
	Diluted earnings per share - net income attributable to RCIH's shareholders	$	0.07	$	0.23	$	0.69	$	0.79
	(1) Represents interest expense on dilutive convertible debentures that would not occur if they were assumed converted.
	(2) All outstanding warrants and options were considered for the EPS computation.
	(3) Convertible debentures (principal and accrued interest) outstanding at June 30, 2014 and 2013 totaling $10.5 million and $5.3 million, respectively, were convertible into common stock at a price of $10.00 to $12.50 per share in 2014 and $10.00 to $10.25 per share in 2013. Potential dilutive shares amounting to $1.5 million and $1.4 million for the three and nine month periods ended June 30, 2014, respectively, have been excluded from earnings per share due to being anti-dilutive. Potential dilutive shares of 375,000 and zero for each of the three and nine month periods ended June 30, 2013, have been excluded from earnings per share due to being anti-dilutive.
	* EPS may not foot due to rounding.

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	9 Months Ended
	Jun. 30, 2014
Dallas Club [Member]	'
Business Acquisition [Line Items]	'
Business Acquisition Fair Values Assets and Liabilities [Table Text Block]	'
	The following information summarizes the allocation of fair values assigned to the assets at the purchase date.
	Buildings and land	$	350
	Property and equipment		20
	SOB license		265
	Minority interest		-135
	Net assets	$	500
Foster Clubs [Member]	'
Business Acquisition [Line Items]	'
Business Acquisition Fair Values Assets and Liabilities [Table Text Block]	'
	The following information summarizes the allocation of fair values assigned to the assets at the purchase date.
	Buildings and land	$	10,066
	Goodwill		-431
	Net assets	$	9,635
New Gentlemen's Club [Member]	'
Business Acquisition [Line Items]	'
Business Acquisition Fair Values Assets and Liabilities [Table Text Block]	'
	The following information summarizes the allocation of fair values assigned to the assets and liabilities at the purchase date.
	(in thousands)
	Noncompete	$	150
	Goodwill		997
	SOB licenses		2,850
	Deferred taxes		-997
	Net assets	$	3,000
RCI Entertainment Delamo, Inc [Member]	'
Business Acquisition [Line Items]	'
Business Acquisition Fair Values Assets and Liabilities [Table Text Block]	'
	The following information summarizes the allocation of fair values assigned to the assets at the purchase date. (in thousands)
	Furniture and equipment	$	200
	SOB licenses		1,263
	Net assets	$	1,463

INCOME_TAXES_Tables

INCOME TAXES (Tables)	9 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	'
	Income tax expense on continuing operations for the periods presented differs from the “expected” federal income tax expense computed by applying the U.S. federal statutory rate of 34% to earnings before income taxes for the three months ended December 31, as a result of the following:
		For the Three Months				For the Nine Months
		Ended June 30,				Ended June 30,
		2014		2013		2014		2013
	Computed expected tax expense	$	283	$	1,221	$	3,428	$	4,175
	State income taxes		76		72		181		110
	Stock option disqualifying dispositions
	and other permanent differences		-156		50		-161		248
	Total income tax expense	$	203	$	1,343	$	3,448	$	4,533

WARRANTS_ISSUED_Tables

WARRANTS ISSUED (Tables)	9 Months Ended
	Jun. 30, 2014
Stockholders Equity Note [Abstract]	'
Schedule of Stockholders Equity Note, Warrants or Rights [Table Text Block]	'
	Fair Value Measurements, using a Black-Scholes option-pricing model using the following weighted average assumptions:
	Volatility	31.5	%
	Expected life	1.0 years
	Expected dividend yield	-
	Risk free rate	0.12	%

SIGNIFICANT_ACCOUNTING_POLICIE3

SIGNIFICANT ACCOUNTING POLICIES (Details) (Tax Advantaged Bond Fund [Member], Fair Value, Inputs, Level 1 [Member], USD $)	9 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014
Tax Advantaged Bond Fund [Member] | Fair Value, Inputs, Level 1 [Member]	'
Significant Accounting Policies [Line Items]	'
Available for Sale, Cost Basis	$505
Available for Sale, Gross Unrealized Gain	81
Available for Sale, Fair Value	$586

SIGNIFICANT_ACCOUNTING_POLICIE4

SIGNIFICANT ACCOUNTING POLICIES (Details 1) (Fair Value, Measurements, Recurring [Member], USD $)	Jun. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified
Significant Accounting Policies [Line Items]	'	'
Marketable securities	$586	$555
Fair Value, Inputs, Level 1 [Member]	'	'
Significant Accounting Policies [Line Items]	'	'
Marketable securities	586	555
Fair Value, Inputs, Level 2 [Member]	'	'
Significant Accounting Policies [Line Items]	'	'
Marketable securities	0	0
Fair Value, Inputs, Level 3 [Member]	'	'
Significant Accounting Policies [Line Items]	'	'
Marketable securities	$0	$0

SIGNIFICANT_ACCOUNTING_POLICIE5

SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	Jun. 30, 2014
Significant Accounting Policies [Line Items]	'
Available-for-sale Securities, Amortized Cost Basis	$505,000

STOCK_OPTIONS_AND_STOCKBASED_E2

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Details) (USD $)	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Shares, Outstanding as of September 30, 2013	765
Shares, Granted	0
Shares, Cancelled or expired	-22
Shares, Exercised	-370
Shares, Outstanding as of June 30, 2014	373
Shares, Options exercisable as of June 30, 2014	373
Weighted Average Exercise Price, Outstanding as of September 30, 2013	$8.41
Weighted Average Exercise Price, Granted	$0
Weighted Average Exercise Price, Cancelled or expired	$8.54
Weighted Average Exercise Price, Exercised	$8.45
Weighted Average Exercise Price, Outstanding as of June 30, 2014	$8.36
Weighted Average Exercise Price, Options exercisable as of June 30, 2014	$8.36
Weighted Average Remaining Contractual Term, Outstanding (in years)	'1 month 28 days
Weighted Average Remaining Contractual Term, Options exercisable (in years)	'1 month 28 days
Aggregate Intrinsic Value , Outstanding	$690
Options exercisable, Aggregate Intrinsic Value as of June 30, 2014	$690

STOCK_OPTIONS_AND_STOCKBASED_E3

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Details Textual) (USD $)	3 Months Ended		9 Months Ended
Share data in Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price, Percentage	'	'	85.00%	'
Allocated Share-based Compensation Expense	$2,922	$281,745	$156,449	$845,325
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercises In Period	'	'	370	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	$3,100,000	'
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercisable, Number	373	'	373	'
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	'	'	2-Jul-14	'

GOODWILL_AND_OTHER_INTANGIBLES2

GOODWILL AND OTHER INTANGIBLES (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Indefinite-lived Intangible Assets [Line Items]	'	'
Licenses, Beginning balance	$54,966	$50,608
Licenses, Intangibles acquired	0	4,358
Licenses, Other	265	0
Licenses, Ending balance	55,231	54,966
Goodwill, Beginning balance	43,987	43,421
Goodwill, Intangibles acquired	0	997
Goodwill, Other	0	-431
Goodwill, Ending balance	$43,987	$43,987

LONGTERM_DEBT_Details

LONG-TERM DEBT (Details) (Warrants Outstanding 105,318 [Member])	9 Months Ended
	Jun. 30, 2014
Warrants Outstanding 105,318 [Member]	'
Debt Instrument [Line Items]	'
Volatility	28.40%
Expected life	'1 year 6 months
Expected dividend yield	0.00%
Risk free rate	0.33%

LONGTERM_DEBT_Details_Textual

LONG-TERM DEBT (Details Textual) (USD $)	0 Months Ended	9 Months Ended			3 Months Ended	1 Months Ended
	Oct. 15, 2013	Jun. 30, 2014	Jun. 30, 2013	Feb. 28, 2014	Dec. 31, 2013	Oct. 31, 2013	Oct. 31, 2013	31-May-14	Oct. 15, 2013
					Aircraft [Member]	Individual Counterparty [Member]	Beaumont [Member]	Houston [Member]	Adviser [Member]
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'	'
Debt Instrument, Face Amount	$4,525,000	'	'	'	'	'	$700,000	$531,000	'
Debt Instrument, Interest Rate, Stated Percentage	9.00%	'	'	'	7.45%	13.00%	'	6.50%	'
Debt Instrument, Payment Terms	'Each of the Debentures has a term of three years, is convertible into shares of our common stock at a conversion price of $12.50 per share (subject to adjustment), and has an annual interest rate of 9%, with one initial payment of interest only due April 15, 2014. Thereafter, the principal amount is payable in 10 equal quarterly principal payments, which amounts to a total of $452,500, plus accrued and unpaid interest. Six months after the issue date of the Debentures, we have the right to redeem the Debentures if the Companys common stock has a closing price of $16.25 (subject to adjustment) for 20 consecutive trading days. The Warrants have an exercise price of $12.50 per share (subject to adjustment) and expire on October 15, 2016.	'	'	'	'	'	'	'	'
Proceeds from Issuance of Unsecured Debt	'	'	'	'	'	2,500,000	'	'	'
Debt Instrument, Periodic Payment	'	'	'	'	40,654	'	10,565	18,151	'
Loan Origination Cost	'	'	'	'	'	'	'	'	271,500
Debt Instrument, Maturity Date, Description	'	'	'	'	'	'36 months	'2020	'2019	'
Class Of Warrant Or Right Fair Value	'	105,318	'	147,683	'	'	'	'	'
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	72,400	'	'	'	'	'	'	'	'
Investment Warrants, Exercise Price	$12.50	'	'	'	'	'	'	'	'
Proceeds from Convertible Debt	4,525,000	'	'	'	'	'	'	'	'
Closing Price Of Common Stock	$16.25	'	'	'	'	'	'	'	'
Repayments of Debt	452,500	'	'	'	'	'	'	'	'
Property, Plant and Equipment, Additions	'	'	'	'	4,300,000	'	'	'	'
Proceeds from Bank Debt	'	'	'	'	3,600,000	'	'	'	'
Debt Instrument, Frequency of Periodic Payment	'	'	'	'	'monthly	'monthly	'per month	'per quarter	'
Payments to Acquire Property, Plant, and Equipment, Total	'	$11,822,000	$5,497,000	'	'	'	$850,000	$707,000	'

COMMON_STOCK_Details_Textual

COMMON STOCK (Details Textual) (USD $)	9 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Class of Stock [Line Items]	'	'
Treasury Stock, Shares, Acquired	'	176,255
Treasury Stock, Value, Acquired, Cost Method	'	$1,478,482
Debt Conversion, Converted Instrument, Amount	$2,100,000	'
Debt Conversion, Converted Instrument, Shares Issued	211,443	'

EARNINGS_PER_SHARE_EPS_Details

EARNINGS PER SHARE ("EPS") (Details) (USD $)	3 Months Ended				9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Basic earnings per share:	'		'		'		'
Net income attributable to RCIH's shareholders	$691		$2,195		$6,816		$7,587
Average number of common shares outstanding	9,883		9,479		9,695		9,523
Basic earnings per share - net income attributable to RCIH's shareholders	$0.07		$0.23		$0.70		$0.80
Diluted earnings per share:	'		'		'		'
Net income attributable to RCIH's shareholders	691		2,195		6,816		7,587
Adustment. to net earnings from assumed conversion of debentures	0	[1]	23	[1]	60	[1]	221	[1]
Adjusted net income attributable to RCIH's shareholders	$691		$2,218		$6,876		$7,808
Average number of common shares outstanding:	'		'		'		'
Common shares outstanding	9,883		9,479		9,695		9,523
Potential dilutive shares resulting from exercise of warrants and options	85	[2]	22	[2]	96	[2]	22	[2]
Potential dilutive shares resulting from conversion of debentures	0	[3]	146	[3]	131	[3]	326	[3]
Total average number of common shares outstanding used for dilution	9,968		9,647		9,922		9,871
Diluted earnings per share - net income attributable to RCIH's shareholders	$0.07		$0.23		$0.69		$0.79
[1]	Represents interest expense on dilutive convertible debentures that would not occur if they were assumed converted.
[2]	All outstanding warrants and options were considered for the EPS computation.
[3]	Convertible debentures (principal and accrued interest) outstanding at June 30, 2014 and 2013 totaling $10.5 million and $6.2 million, respectively, were convertible into common stock at a price of $10.00 to $12.50 per share in 2014 and $10.00 to $10.25 per share in 2013. Potential dilutive shares amounting to 937,000 and 918,000 for the three and nine month periods ended June 30, 2014, respectively, have been excluded from earnings per share due to being anti-dilutive. Zero potential dilutive shares for each of the three and nine month periods ended June 30, 2013, have been excluded from earnings per share due to being anti-dilutive.

EARNINGS_PER_SHARE_EPS_Details1

EARNINGS PER SHARE ("EPS") (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Line Items]	'	'	'	'
Convertible Debt	$10,500,000	$5,300,000	$10,500,000	$5,300,000
Amount of Antidilutive Securities Excluded from Computation of Earnings Per Share	$1,500,000	$375,000	$1,400,000	$0
Minimum [Member]	'	'	'	'
Earnings Per Share [Line Items]	'	'	'	'
Debt Instrument, Convertible, Conversion Price	$10	$10	$10	$10
Maximum [Member]	'	'	'	'
Earnings Per Share [Line Items]	'	'	'	'
Debt Instrument, Convertible, Conversion Price	$12.50	$10.25	$12.50	$10.25

ACQUISITIONS_Details

ACQUISITIONS (Details) (USD $)	Jun. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
In Thousands, unless otherwise specified			Dallas Club [Member]
Business Acquisition [Line Items]	'	'	'
Buildings and land	'	'	$350
Property and equipment	'	'	20
SOB license	'	'	265
Minority interest	-3,125	-3,334	-135
Net assets	'	'	$500

ACQUISITIONS_Details_1

ACQUISITIONS (Details 1) (USD $)	Jun. 30, 2014	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified
Business Acquisition [Line Items]	'	'	'	'
Goodwill	$43,987	$43,987	$43,987	$43,421
Foster Clubs [Member]	'	'	'	'
Business Acquisition [Line Items]	'	'	'	'
Buildings and land	'	'	'	10,066
Goodwill	'	'	'	-431
Net assets	'	'	'	$9,635

ACQUISITIONS_Details_2

ACQUISITIONS (Details 2) (USD $)	Jun. 30, 2014	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Mar. 04, 2013
In Thousands, unless otherwise specified					Second Adult Business In Midtown Manhattan [Member]
Business Acquisition [Line Items]	'	'	'	'	'
Noncompete	'	'	'	'	$150
Goodwill	43,987	43,987	43,987	43,421	997
SOB licenses	'	'	'	'	2,850
Deferred taxes	'	'	'	'	-997
Net assets	'	'	'	'	$3,000

ACQUISITIONS_Details_3

ACQUISITIONS (Details 3) (RCI Entertainment Delamo, Inc [Member], USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
RCI Entertainment Delamo, Inc [Member]	'
Business Acquisition [Line Items]	'
Furniture and equipment	$200
SOB licenses	1,263
Net assets	$1,463

ACQUISITIONS_Details_Textual

ACQUISITIONS (Details Textual) (USD $)

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

1 Months Ended

12 Months Ended

Jun. 30, 2014

Dec. 31, 2013

Oct. 15, 2013

29-May-13

Mar. 04, 2013

Jun. 30, 2013

Mar. 04, 2013

Mar. 29, 2013

Oct. 31, 2013

Oct. 31, 2013

Sep. 30, 2012

Sep. 30, 2012

Second Adult Business in Midtown Manhattan [Member]

Second Adult Business in Midtown Manhattan [Member]

Second Adult Business in Midtown Manhattan [Member]

Delamo Inc [Member]

Beaumont [Member]

Dallas Club [Member]

Jaguars [Member]

Jaguars [Member]

Promissory Notes [Member]

Real Estate Agreement [Member]

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Business Acquisition, Purchase Price

'

'

'

'

$3,000,000

'

'

'

'

'

'

$10,100,000

Business Acquisition, Cost of Acquired Entity, Discounted Price

'

'

'

'

'

'

'

'

'

'

'

9,600,000

Payments to Acquire Businesses, Gross

'

'

'

'

1,500,000

'

'

'

'

'

'

350,000

Business Acquisitions, Purchase Price Allocation Notes Payable And Long Term Debt

'

'

'

'

'

'

'

'

'

'

4,200,000

9,100,000

Business Acquisition, Purchase Price Allocation One Time Payment In Twelve Years

'

'

'

'

'

'

'

'

'

'

'

650,000

Debt Instrument, Interest Rate, Stated Percentage

'

'

9.00%

'

'

'

'

'

'

'

'

9.50%

Debt Instrument, Unamortized Discount

'

'

'

'

'

'

'

'

'

'

'

431,252

Business Combination, Consideration Transferred, Other

7,000

'

'

'

'

34,000

1,500,000

'

'

'

'

'

Debt Instrument, Convertible, Conversion Price

'

'

'

'

$10.25

'

'

'

'

'

'

'

Debt Instrument, Periodic Payment

'

'

'

'

'

'

16,653

'

10,565

'

'

'

Stock Redemption Price

'

'

'

'

'

'

$13.47

'

'

'

'

'

Debt Instrument, Term

'

'

'

'

'

'

'120 months

'

'

'

'

'

Business Acquisition, Percentage of Voting Interests Acquired

'

'

'

50.00%

'

'

'

'

'

49.00%

'

'

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

'

'

'

'

'

'

'

100,000

'

'

'

'

Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures

'

'

'

'

'

'

'

863,000

'

'

'

'

Payments for Previous Acquisition

'

'

'

'

'

'

'

600,000

'

'

'

'

Business Acquisition, Transaction Costs

'

$500,000

'

'

'

'

'

'

'

'

'

'

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Taxes [Line Items]	'	'	'	'
Computed expected tax expense	$283	$1,221	$3,428	$4,175
State income taxes	76	72	181	110
Stock option disqualifying dispositions and other permanent differences	-156	50	-161	248
Total income tax expense	$203	$1,343	$3,448	$4,533

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Jun. 30, 2014
Income Taxes [Line Items]	'	'
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%	'
Deferred Tax Liabilities, Net	'	$17.20

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)	1 Months Ended	3 Months Ended		15 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	Mar. 31, 2009	Jan. 01, 2008
Commitments And Contingencies [Line Items]	'	'	'	'	'
Club Surcharges	'	'	'	'	$5
Patron Tax Paid in Excess	'	'	'	$2,000,000	'
Contingent Liability for Live Entertainment Tax	2,100,000	2,100,000	'	'	'
Accrued Liabilities	15,400,000	15,400,000	'	'	'
Patron Tax Expense	'	765,000	746,000	'	'
Loss Contingency Accrual, Provision	775,000	'	'	'	'
Insurance Settlements Receivable, Current	$2,000,000	$2,000,000	'	'	'

WARRANTS_ISSUED_Details

WARRANTS ISSUED (Details) (Warrants Outstanding 147,683 [Member])	9 Months Ended
	Jun. 30, 2014
Warrants Outstanding 147,683 [Member]	'
Class of Warrant or Right [Line Items]	'
Volatility	31.50%
Expected life	'1 year
Expected dividend yield	0.00%
Risk free rate	0.12%

WARRANTS_ISSUED_Details_Textua

WARRANTS ISSUED (Details Textual) (USD $)	1 Months Ended
	Feb. 28, 2014	Jun. 30, 2014
Class of Warrant or Right [Line Items]	'	'
Warrants Issued	100,000	'
Class of Warrant or Right, Exercise Price of Warrants or Rights	$11.77	'
Warrants Expired Description	'two years	'
Class Of Warrant Or Right Fair Value	$147,683	$105,318