RCI Hospitality (RICK) 10-Q 11 May 15 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Trading Symbol	RICK
Entity Registrant Name	RCI HOSPITALITY HOLDINGS, INC.
Entity Central Index Key	935419
Entity Common Stock, Shares Outstanding		10,252,127
Current Fiscal Year End Date	-21
Entity Filer Category	Accelerated Filer

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2015	Sep. 30, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$13,661	$9,964
Accounts receivable:
Trade, net	2,635	1,060
Other, net	762	685
Marketable securities	609	596
Inventories	2,426	1,879
Deferred tax asset	7,041	5,378
Prepaid expenses and other current assets	3,342	3,789
Total current assets	30,476	23,351
Property and equipment, net	117,558	113,962
Other assets:
Goodwill	43,425	43,374
Indefinite lived intangibles	56,175	53,968
Definite lived intangibles	10,471	675
Other	2,367	3,812
Total other assets	112,438	101,829
Total assets	260,472	239,142
Current liabilities:
Accounts payable	3,189	2,198
Accrued liabilities	17,336	9,195
Texas patron tax liability	17,057	15,486
Current portion of long-term debt	8,590	12,315
Total current liabilities	46,172	39,194
Deferred tax liability	29,594	27,688
Other long-term liabilities	908	924
Long-term debt	62,952	58,037
Total liabilities	139,626	125,843
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; 10,252 and 10,067 shares issued and outstanding, respectively	103	101
Additional paid-in capital	70,391	66,727
Accumulated other comprehensive income	104	91
Retained earnings	43,888	43,370
Total RCIHH permanent stockholders’ equity	114,486	110,289
Noncontrolling interests	6,360	3,010
Total permanent stockholders’ equity	120,846	113,299
Total liabilities and stockholders’ equity	$260,472	$239,142

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Mar. 31, 2015	Sep. 30, 2014
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	10,252	10,067
Common stock, shares outstanding	10,252	10,067

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Revenues:
Sales of alcoholic beverages	$15,576	$12,985	$30,815	$24,674
Sales of food and merchandise	5,241	3,979	10,466	7,402
Service revenues	14,559	14,347	28,783	27,077
Other	2,034	1,559	3,833	3,140
Total revenues	37,410	32,870	73,897	62,293
Operating expenses:
Cost of goods sold	5,381	4,041	10,492	7,788
Salaries and wages	8,115	6,854	16,147	13,431
Stock compensation	120	151	240	154
Other general and administrative:
Taxes and permits	5,709	5,142	11,102	9,557
Charge card fees	544	449	1,091	877
Rent	1,184	1,156	2,325	2,384
Legal and professional	1,064	426	2,023	1,214
Advertising and marketing	1,312	1,406	2,679	2,691
Insurance	801	972	1,621	1,771
Utilities	708	646	1,442	1,241
Depreciation and amortization	1,886	1,513	3,531	2,906
(Gain) loss on sale of property	-18	-86	-18	-86
Impairment of assets	0	0	1,358	0
Settlement of lawsuits and other one time costs	10,303	150	10,550	270
Other	2,917	2,591	5,790	5,022
Total operating expenses	40,026	25,411	70,373	49,220
Operating income (loss)	-2,616	7,459	3,524	13,073
Other income (expense):
Interest income	26	35	39	112
Interest expense	-1,783	-1,924	-3,402	-3,936
Gain from original investment in Drink Robust, Inc.	0	0	577	0
Income (loss) before income taxes	-4,373	5,570	738	9,249
Income taxes (benefit)	-1,265	1,922	581	3,245
Net income (loss)	-3,108	3,648	157	6,004
Less: net (income) loss attributable to noncontrolling interests	267	74	362	121
Net income (loss) attributable to RCI Hospitality Holdings, Inc.	($2,841)	$3,722	$519	$6,125
Basic earnings (loss) per share attributable to RCIHH shareholders:
Net income (in dollars per share)	($0.28)	$0.39	$0.05	$0.64
Diluted earnings (loss) per share attributable to RCIHH shareholders:
Net income (in dollars per share)	($0.28)	$0.37	$0.05	$0.62
Weighted average number of common shares outstanding:
Basic (in shares)	10,275	9,661	10,269	9,604
Diluted (in shares)	10,275	10,853	10,273	10,763

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Net income (loss)	($3,108)	$3,648	$157	$6,004
Other comprehensive income:
Unrealized holding gain (loss) on securities available for sale	5	18	13	18
Comprehensive income (loss)	-3,103	3,666	170	6,022
Comprehensive (income) loss attributable to noncontrolling interests	267	74	362	121
Comprehensive income (loss) to common stockholders	($2,836)	$3,740	$532	$6,143

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$157	$6,004
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	3,531	2,906
Deferred taxes	1,461	734
Impairment of assets	1,358	0
Amortization of note discount	33	44
(Gain) from original investment in Drink Robust	-577	0
Deferred rents	-16	-16
Beneficial conversion	5	0
Stock compensation expense	240	154
Changes in operating assets and liabilities:
Accounts receivable	-2,844	-746
Inventories	-428	-300
Prepaid expenses and other assets	2,782	-2,107
Accounts payable and accrued liabilities	7,417	4,924
Cash provided by operating activities	13,119	11,597
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property and equipment	-2,869	-8,198
Acquisition of development rights in New York building	0	-5,325
Acquisition of businesses, net of cash acquired	-1,244	-500
Net cash used by investing activities	-4,113	-14,023
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on long-term debt	-8,234	-4,335
Proceeds from long-term debt	4,958	7,025
Exercise of stock options	0	844
Purchase of treasury stock	-1,925	0
Distribution to noncontrolling interests	-108	-108
Cash provided by (used in) financing activities	-5,309	3,426
NET INCREASE IN CASH	3,697	1,000
CASH AT BEGINNING OF PERIOD	9,964	10,638
CASH AT END OF PERIOD	13,661	11,638
CASH PAID DURING PERIOD FOR:
Interest	3,078	3,375
Income taxes	$1,724	$475

CONSOLIDATED_STATEMENTS_OF_CAS1

CONSOLIDATED STATEMENTS OF CASH FLOWS NON-CASH TRANSACTIONS AND OTHER (USD $)	6 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Issue of shares of common stock for debt and interest Number of shares	177,018	113,750
Issue of shares of common stock for debt and interest Value of shares	$1.80	$1.10
Debt incurred with seller in connection with acquiring businesses and other assets	1.4	4.3
Issue of shares of common stock for acquiring a business Number of shares	200,000
Stock Repurchased and Retired During Period, Shares	192,427
Stock Repurchased and Retired During Period, Value	$1.90

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]		1	BASIS OF PRESENTATION
	The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) 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, 2014 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 six months ended March 31, 2015 are not necessarily indicative of the results that may be expected for the year ending September 30, 2015.

RECENT_ACCOUNTING_STANDARDS_AN

RECENT ACCOUNTING STANDARDS AND PRONOUNCEMENT	6 Months Ended
	Mar. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	2	RECENT ACCOUNTING STANDARDS AND PRONOUNCEMENT
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which supersedes nearly all existing revenue recognition guidance under GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing GAAP. The standard is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). The Company is currently evaluating the impact of our pending adoption of ASU 2014-09 on its consolidated financial statements and have not yet determined the method by which it will adopt the standard in fiscal year 2018.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	3	SIGNIFICANT ACCOUNTING POLICIES
	Following are certain remarkable accounting principles and disclosures.
	Fair Value Accounting
	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 holding gains and losses, net of the related income tax effect, if any, on available-for-sale securities are excluded from 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 March 31, 2015, 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	$	104	$	609
	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 holding loss. No losses were recognized during the quarter ended March 31, 2015.
	Financial assets and liabilities measured at fair value on a recurring basis are summarized below:
	(in thousands)		Carrying
	March  31, 2015		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	609	$	609	$	-	$	-
	(in thousands)		Carrying
	September 30, 2014		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	555	$	555	$	-	$	-
	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	6 Months Ended
	Mar. 31, 2015
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 March 31, 2015 and 2014 were $120,012 and $150,605, respectively, and were $240,024 and $153,527 for the six months then ended, respectively. There were 100,000 stock option exercises during the quarter ended March 31, 2014, aggregating $843,600. There were no stock option grants or exercises for the three and six months ended March 31, 2015.
	Stock Option Activity
	The following is a summary of all stock option transactions for the six months ended March 31, 2015:
	(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, 2014			10	$	8.7
	Granted			-		-
	Cancelled or expired			-		-
	Exercised			-		8.7
	Outstanding as of March 31, 2015			10	$	8.7		0.25	$	17
	Options exercisable as of March 31, 2015			10	$	8.7		0.25	$	17

GOODWILL_AND_OTHER_INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	6 Months Ended
	Mar. 31, 2015
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 six months ended March 31, 2015 and 2014:
	(in thousands)		2015						2014
			Definite-Lived Intangibles		Licenses		Goodwill		Definite-Lived Intangibles		Licenses		Goodwill
	Beginning balance		$	729	$	53,968	$	43,374	$	1,065	$	54,966	$	43,987
	Intangibles acquired			10,375		3,565		-		-		-		-
	Impairment			-		-1,358		-		-		-		-
	Other			-633				51		-171		265		-
	Ending balance		$	10,471	$	56,175	$	43,425	$	894	$	55,231	$	43,987
	During the six months ended March 31, 2015, we have recorded an impairment of $1.4 million for the indefinite-lived intangible assets at our Temptations Cabaret in Lubbock.

LONGTERM_DEBT

LONG-TERM DEBT	6 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	6	LONG-TERM DEBT
	On January 13, 2015 a Company subsidiary purchased Down in Texas Saloon gentlemen’s club in an Austin, Texas suburb. As part of the transaction, another subsidiary also purchased the club’s real estate. Total consideration of $6.8 million consisted of $3.5 million for the club business and $3.3 million for its 3.5 acres of real estate. Payment was in the form of $1 million in cash and $1.4 million in seller financing at 6% annual interest, with the balance provided by commercial bank financing at a variable interest rate equal to the prime rate plus 2%, but in no event less than 6.5%.
	In December 2014, the Company refinanced certain real estate debt amounting to $2.1 million with new bank debt of $2.0 million. The new debt is payable $13,270 per month, including interest at 5.25% and matures in ten years.
	In December 2014, the Company borrowed $1.0 million from an individual. The note is collateralized by certain real estate, is payable $13,215 per month, including interest at 10% and matures in ten years.
	In December 2014, the Company borrowed $2.0 million from a lender. The 12% note is collateralized by a certain subsidiary’s stock and is payable interest only until it matures in three years.
	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 GAAP, 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.

COMMON_STOCK

COMMON STOCK	6 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Common Stock [Text Block]	7	COMMON STOCK
	During the six months ended March 31, 2015, the Company purchased and retired 192,427 common treasury shares. The cost of these shares was $1.9 million.
	During the six months ended March 31, 2015, the Company converted debt principal and interest valued at $1.8 million into 177,018 common shares.
	During the quarter ended December 31, 2014, the Company issued 200,000 shares of common stock for the acquisition of a controlling interest in Drink Robust, Inc.

EARNINGS_PER_SHARE_EPS

EARNINGS PER SHARE (EPS)	6 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	8	EARNINGS PER SHARE (EPS)
	The Company computes earnings per share in accordance with GAAP, which 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 SIX MONTHS
			ENDED MARCH 31,				ENDED MARCH 31,
			2015		2014		2015		2014
	Basic earnings per share:
	Net income (loss) attributable to RCIHH’s shareholders		$	-2,841	$	3,722	$	519	$	6,125
	Average number of common shares outstanding			10,275		9,661		10,269		9,604
	Basic earnings (loss) per share - net income attributable to RCIHH’s shareholders		$	-0.28	$	0.39	$	0.05	$	0.64
	Diluted earnings per share:
	Net income (loss) attributable to RCIHH’s shareholders		$	-2,841	$	3,722	$	519	$	6,125
	Adustment. to net earnings from assumed conversion of debentures (1)			-		250		-		490
	Adjusted net income (loss) attributable to RCIHH’s shareholders		$	-2,841	$	3,972	$	519	$	6,615
	Average number of common shares outstanding:
	Common shares outstanding			10,275		9,661		10,269		9,604
	Potential dilutive shares resulting from exercise of warrants and options (2)			-		176		4		173
	Potential dilutive shares resulting from conversion of debentures (3)			-		1,016		-		986
	Total average number of common shares outstanding used for dilution			10,275		10,853		10,273		10,763
	Diluted earnings (loss) per share - net income attributable to RCIHH’s shareholders		$	-0.28	$	0.37	$	0.05	$	0.62
	(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 March 31, 2015 and 2014 totaling $6.0 million and $11.3 million, respectively, were convertible into common stock at a price of $10.00 to $12.50 per share each year. No potential dilutive shares for each of the three and six month periods ended March 31, 2014 have been excluded from earnings per share due to being anti-dilutive. During the three and six month periods ended March 31, 2015, 524,194 shares have been excluded from earnings per share due to being anti-dilutive each period.
	* EPS may not foot due to rounding.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Mar. 31, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	9	ACQUISITIONS
	2015
	On October 30, 2014, a 51% owned subsidiary of the Company (“Robust”) acquired certain assets and liabilities of Robust Energy LLC for $200,000 in cash and 200,000 shares of its restricted common stock for a total purchase price of $5.0 million. The Company has also agreed to issue 50,000 shares of RCIHH common stock to the two principals of Robust Energy LLC if Robust has net income of at least $1 million during the 2015 calendar year. The principals entered into a Lock-Up Agreement with the Company in connection with the issuance by the Company of its shares of common stock as explained above, which will provide that none of the shares will be sold for a period of one year after the date of issuance and, thereafter, neither principal will sell more than 1/6th of their respective shares per month that they receive in connection herewith. Robust is an energy drink distributor, targeting the on premises bar and mixer market.
	The following information summarizes the allocation of fair values assigned to the assets and liabilities at the purchase date.
	(in thousands)
	Inventory and accounts receivable		$	501
	Equipment, furniture and fixture			356
	Definite-lived intangible			10,275
	Accounts payable			-1,196
	Notes payable			-963
	Noncontrolling interest			-3,888
	Net assets		$	5,085
	In accordance with GAAP, the Company recorded a gain of approximately $577,000 on the value of its earlier 15% investment in this company.
	On January 13, 2015 a Company subsidiary purchased Down in Texas Saloon gentlemen’s club in an Austin, Texas suburb. As part of the transaction, another subsidiary also purchased the club’s real estate. Total consideration of $6.8 million consisted of $3.5 million for the club business and $3.3 million for its 3.5 acres of real estate. Payment was in the form of $1 million in cash and $1.4 million in seller financing at 6% annual interest, with the balance provided by commercial bank financing at a variable interest rate equal to the prime rate plus 2%, but in no event less than 6.5%.
	The following information summarizes the allocation of fair values assigned to the assets at the purchase date.
	(in thousands)
	Buildings and land		$	3,130
	Furniture and fixtures			20
	Inventory			4
	SOB license			3,566
	Noncompete			100
	Net assets		$	6,820

INCOME_TAXES

INCOME TAXES	6 Months Ended
	Mar. 31, 2015
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 and six months ended March 31, as a result of the following:
			For the Three Months				For the Six Months
			Ended March 31,				Ended March 31,
			2015		2014		2015		2014
	Computed expected tax expense		$	-1,487	$	1,894	$	251	$	3,145
	State income taxes			74		69		148		105
	Permanent differences			-148		-41		182		-5
	Income tax expense		$	-1,265	$	1,922	$	581	$	3,245
	Included in the Company’s deferred tax liabilities at March 31, 2015 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	6 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	11	COMMITMENTS AND CONTINGENCIES
	Legal Matters
	Texas Patron Tax
	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 arecompleted.  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 issued 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. The Texas Supreme Court denied TEA’s petition for review on November 21, 2014. On February 5, 2015, TEA filed a petition for writ of certiorari with the United States Supreme Court. On March 23, 2015, the Supreme Court denied TEA’s writ of certiorari.
	The Company has not made any payments of these taxes since the first quarter of 2009, except as set forth below. However, based on the Court ruling, the Company will continue to accrue and expense the potential tax liability on its financial statements.
	We also believe that, in the event of loss of the Patron Tax issue, the State of Texas would waive any penalties and allow us to pay out any liability over a reasonable amount of time. We have made plans for the payment of the lawsuit settlement and we believe that, in the event of a loss in the Patron Tax matter, we will be able to pay the remaining liabilities over time.
	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 March 31, 2015, the Company has approximately $17.1 million in accrued liabilities for this tax.  Patron tax expense amounted to approximately $805,000 and $866,000 for the quarters ended March 31, 2015 and 2014, 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 has employed special state tax counsel in Austin to negotiate settlement of the Patron Taxes. In connection with the negotiations, the Company has filed and paid the Patron Taxes for the quarter ended March 31, 2015. If settled, the lawsuit mentioned above will be dismissed.
	New York Settlement
	On April 1, 2015, we and our subsidiaries, RCI Entertainment (New York), Inc. and Peregrine Enterprises, Inc., entered into an agreement to settle in full a New York based federal wage and hour class action case filed in the United States District Court for the Southern District of New York. The settlement has been filed with the court for preliminary approval. Trial was scheduled to begin April 27, 2015. Under terms of the agreement, RCI Entertainment (New York), Inc. and Peregrine Enterprises, Inc. will make up to $15 million available to class members and their attorneys. The actual amount paid will be determined based on the number of class members responding by the end of a three-month notice period, with final court approval expected sometime after that. Any unclaimed checks or payments will revert back to our subsidiaries. Based on the current schedule, an initial payment of $1,833,333 will be made in approximately five months, with two subsequent payments of $1,833,333 each being made in equal annual installments. As part of the settlement, we were required to guarantee the obligations of RCI Entertainment (New York), Inc. and Peregrine Enterprises, Inc. under the settlement.
	Filed in 2009, the case claimed Rick’s Cabaret New York misclassified entertainers as independent contractors. Plaintiffs sought minimum wage for the hours they danced and return of certain fees. RCI Entertainment (New York), Inc. and Peregrine Enterprises, Inc. maintained the dancers were properly classified, and alternatively, amounts earned were well in excess of the minimum wage and should satisfy any obligations.
	In accordance with GAAP, the Company has accrued $10.3 million as of March 31, 2015 as the estimated liability for its obligations under the settlement.
	Indemnity Insurance
	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, 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 in her capacity as receiver (“Receiver”).  The order empowered the Receiver 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. Since the expiration of the order the lawsuits have resumed. We are funding 100% of the costs of litigation and will seek reimbursement from the bankruptcy receiver.
	On April 10, 2014, the Court of Chancery of the State of Delaware entered a Liquidation and Injunction Order With Bar Date, which ordered the liquidation of IIC and terminated all insurance policies or contracts of insurance issued by IIC.  The 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 evaluate and defend against these claims and lawsuits. It is unknown at this time what effect this liability exposure will have on the Company.  The Company filed the appropriate claims against IIC with the Receiver before the January 16, 2015 deadline. There can be no assurance, however, of any recovery from these claims. The Company’s new general liability coverage obtained from another insurer will cover any claims arising from actions after October 25, 2013.
	Settlement of lawsuits and other one-time costs include no settlements during the quarters ended December 31, 2014 and 2013 in settlements with claimants which were unpaid by our general liability insurance carrier.

SEGMENT_INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	12	SEGMENT INFORMATION
	The Company is engaged in adult nightclubs and Bombshells Restaurants and Bars. The Company has identified such segments based on management responsibility and the nature of the Company’s products, services and costs. There are no major distinctions in geographical areas served as all operations are in the United States. The Company measures segment profit (loss) as income (loss) from operations. Total assets are those assets controlled by each reportable segment. The other category below includes our media, Robust and internet divisions.
	Below is the financial information related to the Company’s segments:
			Three Months Ended				Six Months Ended
			March 31,				March 31,
			2015		2014		2015		2014
	Business segment sales:
	Night clubs		$	31,933	$	31,196	$	62,995	$	59,550
	Bombshells			4,813		1,379		9,721		2,083
	Other			664		295		1,181		660
			$	37,410	$	32,870	$	73,897	$	62,293
	Business segment operating income:
	Night clubs		$	114	$	9,644	$	8,671	$	17,618
	Bombshells			571		-12		1,111		-317
	Other			-797		-87		-1,344		-257
	General corporate			-2,504		-2,086		-4,914		-3,971
			$	-2,616	$	7,459	$	3,524	$	13,073
	Business segment capital expenditures:
	Night clubs		$	710	$	813	$	675	$	4,365
	Bombshells			676		1,735		1,553		3,151
	Other			430		-		444		-
	General Corporate			91		37		197		682
			$	1,907	$	2,585	$	2,869	$	8,198
	Business segment depreciation and amortization:
	Night clubs		$	763	$	848	$	1,584	$	1,648
	Bombshells			221		41		274		53
	Other			305		4		510		10
	General corporate			597		620		1,163		1,195
			$	1,886	$	1,513	$	3,531	$	2,906
	General corporate expenses include corporate salaries, health insurance and social security taxes for officers, legal, accounting and information technology employees, corporate taxes and insurance, legal and accounting fees, depreciation and other corporate costs such as automobile and travel costs. Management considers these to be non-allocable costs for segment purposes

RESTRICTED_STOCK_ISSUANCE

RESTRICTED STOCK ISSUANCE	6 Months Ended
	Mar. 31, 2015
Restricted Assets Disclosure [Abstract]
Restricted Assets Disclosure [Text Block]	13. RESTRICTED STOCK ISSUANCE
	In July 2014, the Company granted to an executive officer and an officer of a subsidiary an aggregate total of 96,325 shares of restricted stock. The total grant date fair value of all of these awards was $938,478 and vest in two years. Restricted stock awards are awards of common stock that are subject to restrictions on transfer and to a risk of forfeiture if the awardee terminates employment with the Company prior to the lapse of the restrictions. The fair value of such stock was determined using the closing price on the grant date and compensation expense is recorded over the applicable vesting periods. Forfeitures are recognized as a reversal of expense of any unvested amounts in the period incurred. Unamortized expense amounted to $620,519 at March 31, 2015. The compensation cost recognized for the six months ended March 31, 2015 was $240,024.

WARRANTS_ISSUED

WARRANTS ISSUED	6 Months Ended
	Mar. 31, 2015
Stockholders Equity Note [Abstract]
Stockholders Equity Note Disclosure [Text Block]	14. WARRANTS ISSUED
	In February 2014, the Company issued warrants to acquire 100,000 shares of the Company’s common stock to a financial adviser. The exercise price of the warrants is $11.77. 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 GAAP, 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	%

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	15. SUBSEQUENT EVENTS
	On May 4, 2015 a Company subsidiary purchased The Seville gentlemen’s club in Minneapolis Minnesota. As part of the transaction, another subsidiary also purchased the club’s real estate. Total consideration of $8.5 million consisted of $4.5 million for the assets of the club business and $4.0 million for the real estate. Payment was made through bank financing of $5.7 million at 5.5% interest, seller financing of $1.8 million at 6% and cash of $1.1 million. At this time, the Company has not allocated the purchase price to the acquired assets.

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Accounting
	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 holding gains and losses, net of the related income tax effect, if any, on available-for-sale securities are excluded from 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 March 31, 2015, 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	$	104	$	609
	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 holding loss. No losses were recognized during the quarter ended March 31, 2015.
	Financial assets and liabilities measured at fair value on a recurring basis are summarized below:
	(in thousands)		Carrying
	March  31, 2015		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	609	$	609	$	-	$	-
	(in thousands)		Carrying
	September 30, 2014		Amount		Level 1		Level 2		Level 3
	Marketable securities		$	555	$	555	$	-	$	-
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)	6 Months Ended
	Mar. 31, 2015
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 March 31, 2015, 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	$	104	$	609
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
	March  31, 2015	Amount		Level 1		Level 2		Level 3
	Marketable securities	$	609	$	609	$	-	$	-
	(in thousands)	Carrying
	September 30, 2014	Amount		Level 1		Level 2		Level 3
	Marketable securities	$	555	$	555	$	-	$	-

STOCK_OPTIONS_AND_STOCKBASED_E1

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Tables)	6 Months Ended
	Mar. 31, 2015
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 six months ended March 31, 2015:
	(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, 2014		10	$	8.7
	Granted		-		-
	Cancelled or expired		-		-
	Exercised		-		8.7
	Outstanding as of March 31, 2015		10	$	8.7		0.25	$	17
	Options exercisable as of March 31, 2015		10	$	8.7		0.25	$	17

GOODWILL_AND_OTHER_INTANGIBLES1

GOODWILL AND OTHER INTANGIBLES (Tables)	6 Months Ended
	Mar. 31, 2015
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 six months ended March 31, 2015 and 2014:
	(in thousands)	2015						2014
		Definite-Lived Intangibles		Licenses		Goodwill		Definite-Lived Intangibles		Licenses		Goodwill
	Beginning balance	$	729	$	53,968	$	43,374	$	1,065	$	54,966	$	43,987
	Intangibles acquired		10,375		3,565		-		-		-		-
	Impairment		-		-1,358		-		-		-		-
	Other		-633				51		-171		265		-
	Ending balance	$	10,471	$	56,175	$	43,425	$	894	$	55,231	$	43,987

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	6 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule Of Warrants Valuation Assumptions [Table Text Block]	The fair value of the warrants was estimated to be $105,318 in accordance with GAAP, 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)	6 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	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 SIX MONTHS
		ENDED MARCH 31,				ENDED MARCH 31,
		2015		2014		2015		2014
	Basic earnings per share:
	Net income (loss) attributable to RCIHH’s shareholders	$	-2,841	$	3,722	$	519	$	6,125
	Average number of common shares outstanding		10,275		9,661		10,269		9,604
	Basic earnings (loss) per share - net income attributable to RCIHH’s shareholders	$	-0.28	$	0.39	$	0.05	$	0.64
	Diluted earnings per share:
	Net income (loss) attributable to RCIHH’s shareholders	$	-2,841	$	3,722	$	519	$	6,125
	Adustment. to net earnings from assumed conversion of debentures (1)		-		250		-		490
	Adjusted net income (loss) attributable to RCIHH’s shareholders	$	-2,841	$	3,972	$	519	$	6,615
	Average number of common shares outstanding:
	Common shares outstanding		10,275		9,661		10,269		9,604
	Potential dilutive shares resulting from exercise of warrants and options (2)		-		176		4		173
	Potential dilutive shares resulting from conversion of debentures (3)		-		1,016		-		986
	Total average number of common shares outstanding used for dilution		10,275		10,853		10,273		10,763
	Diluted earnings (loss) per share - net income attributable to RCIHH’s shareholders	$	-0.28	$	0.37	$	0.05	$	0.62
	(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 March 31, 2015 and 2014 totaling $6.0 million and $11.3 million, respectively, were convertible into common stock at a price of $10.00 to $12.50 per share each year. No potential dilutive shares for each of the three and six month periods ended March 31, 2014 have been excluded from earnings per share due to being anti-dilutive. During the three and six month periods ended March 31, 2015, 524,194 shares have been excluded from earnings per share due to being anti-dilutive each period.

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	6 Months Ended
	Mar. 31, 2015
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 and liabilities at the purchase date.
	(in thousands)
	Inventory and accounts receivable	$	501
	Equipment, furniture and fixture		356
	Definite-lived intangible		10,275
	Accounts payable		-1,196
	Notes payable		-963
	Noncontrolling interest		-3,888
	Net assets	$	5,085
Robust [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)
	Buildings and land	$	3,130
	Furniture and fixtures		20
	Inventory		4
	SOB license		3,566
	Noncompete		100
	Net assets	$	6,820

INCOME_TAXES_Tables

INCOME TAXES (Tables)	6 Months Ended
	Mar. 31, 2015
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 and six months ended March 31, as a result of the following:
		For the Three Months				For the Six Months
		Ended March 31,				Ended March 31,
		2015		2014		2015		2014
	Computed expected tax expense	$	-1,487	$	1,894	$	251	$	3,145
	State income taxes		74		69		148		105
	Permanent differences		-148		-41		182		-5
	Income tax expense	$	-1,265	$	1,922	$	581	$	3,245

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	6 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Below is the financial information related to the Company’s segments:
		Three Months Ended				Six Months Ended
		March 31,				March 31,
		2015		2014		2015		2014
	Business segment sales:
	Night clubs	$	31,933	$	31,196	$	62,995	$	59,550
	Bombshells		4,813		1,379		9,721		2,083
	Other		664		295		1,181		660
		$	37,410	$	32,870	$	73,897	$	62,293
	Business segment operating income:
	Night clubs	$	114	$	9,644	$	8,671	$	17,618
	Bombshells		571		-12		1,111		-317
	Other		-797		-87		-1,344		-257
	General corporate		-2,504		-2,086		-4,914		-3,971
		$	-2,616	$	7,459	$	3,524	$	13,073
	Business segment capital expenditures:
	Night clubs	$	710	$	813	$	675	$	4,365
	Bombshells		676		1,735		1,553		3,151
	Other		430		-		444		-
	General Corporate		91		37		197		682
		$	1,907	$	2,585	$	2,869	$	8,198
	Business segment depreciation and amortization:
	Night clubs	$	763	$	848	$	1,584	$	1,648
	Bombshells		221		41		274		53
	Other		305		4		510		10
	General corporate		597		620		1,163		1,195
		$	1,886	$	1,513	$	3,531	$	2,906

WARRANTS_ISSUED_Tables

WARRANTS ISSUED (Tables)	6 Months Ended
	Mar. 31, 2015
Stockholders Equity Note [Abstract]
Schedule of Stockholders Equity Note, Warrants or Rights [Table Text Block]	The fair value of the warrants, which was entirely charged to expense upon issuance, was estimated to be $147,683 in accordance GAAP, 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 $)	6 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
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 Gains	104
Available for Sale, Fair Value	$609

SIGNIFICANT_ACCOUNTING_POLICIE4

SIGNIFICANT ACCOUNTING POLICIES (Details 1) (Fair Value, Measurements, Recurring [Member], USD $)	Mar. 31, 2015	Sep. 30, 2014
In Thousands, unless otherwise specified
Significant Accounting Policies [Line Items]
Marketable securities	$609	$555
Fair Value, Inputs, Level 1 [Member]
Significant Accounting Policies [Line Items]
Marketable securities	609	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 $)	6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Significant Accounting Policies [Line Items]
Marketable Securities, Realized Gain (Loss)	$0	$0

STOCK_OPTIONS_AND_STOCKBASED_E2

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Details) (USD $)	6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding beginning	10
Shares, Granted	0
Shares, cancelled or Expired	0
Shares, Exercised	0
Shares, Outstanding ending	10
Shares, Options exercisable as of March 31, 2015	10
Weighted Average Exercise Price, Outstanding beginning	$8.70
Weighted Average Exercise Price, Granted	$0
Weighted Average Exercise Price, cancelled or Expired	$0
Weighted Average Exercise Price, Exercised	$8.70
Weighted Average Exercise Price, Outstanding ending	$8.70
Weighted Average Exercise Price, Options exercisable as of March 31, 2015	$8.70
Weighted Average Remaining Contractual Term, Outstanding (in years)	3 months
Weighted Average Remaining Contractual Term, Options exercisable (in years)	3 months
Aggregate Intrinsic Value , Outstanding	$17
Options exercisable, Aggregate Intrinsic Value as of March 31, 2015	$17

STOCK_OPTIONS_AND_STOCKBASED_E3

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
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	$120,012	$150,605	$240,024	$153,527
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross			0
Share-based Compensation, Total	120,000	151,000	240,000	154,000
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Fair Value		843,600
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross		100,000
Share-based Compensation, Total	$0		$0

GOODWILL_AND_OTHER_INTANGIBLES2

GOODWILL AND OTHER INTANGIBLES (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Definite-lived Intangible Assets [Line Items]
Definite- Lived Intangibles, Beginning balance	$675	$1,065
Definite- Lived Intangibles, Intangibles acquired	10,375	0
Definite- Lived Intangibles, Impairment	0	0
Definite- Lived Intangibles, Other	-633	-171
Definite- Lived Intangibles, Ending balance	10,471	894
Licenses, Beginning balance	53,968	54,966
Licenses, Intangibles acquired	3,565	0
Licenses, Impairment	-1,358	0
Licenses, Other		265
Licenses, Ending balance	56,175	55,231
Goodwill, Beginning balance	43,374	43,987
Goodwill, Intangibles acquired	0	0
Goodwill, Imapairment	0	0
Goodwill, Other	51	0
Goodwill, Ending balance	$43,425	$43,987

GOODWILL_AND_OTHER_INTANGIBLES3

GOODWILL AND OTHER INTANGIBLES (Details Textual) (Temptations Cabaret [Member], USD $)	6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015
Temptations Cabaret [Member]
Goodwill And Intangible Assets [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$1.40

LONGTERM_DEBT_Details

LONG-TERM DEBT (Details) (Warrants Outstanding 105,318 [Member])	6 Months Ended
	Mar. 31, 2015
Warrants Outstanding 105,318 [Member]
Debt Instrument [Line Items]
Volatility	28.40%
Expected life (in years)	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		1 Months Ended			6 Months Ended
	Jan. 13, 2015	Oct. 15, 2013	Dec. 31, 2013	Dec. 31, 2014	Oct. 31, 2013	Mar. 31, 2015	Feb. 28, 2014	4-May-15
Debt Instrument [Line Items]
Class Of Warrant Or Right Fair Value						105,318	$147,683
Debt Instrument, Convertible, Conversion Price		$12.50
Class of Warrant or Right, Exercise Price of Warrants or Rights		$12.50					$11.77
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		72,400
Repayments of Debt		4,525,000
Business Combination, Consideration Transferred	6,800,000
Sale of Stock, Consideration Received on Transaction	1,000,000
Sale of Stock, Consideration Received Per Transaction	1,400,000
Sale of Stock, Nature of Consideration Received Per Transaction	seller financing at 6% annual interest, with the balance provided by commercial bank financing at a variable interest rate equal to the prime rate plus 2%, but in no event less than 6.5%
Warrant Expiration Date		15-Oct-16
Debt Conversion, Original Debt, Interest Rate of Debt		9.00%
Debt Conversion, Converted Instrument, Expiration or Due Date		15-Apr-14
Debt Instrument, Annual Principal Payment		452,500
Shares Issued, Price Per Share		$16.25
Convertible Debenture [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		9.00%
Debt Instrument, Term		3 years
Proceeds from Convertible Debt		4,525,000
Subsequent Event [Member]
Debt Instrument [Line Items]
Loans Payable								1,100,000
Aircraft [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			7.45%
Debt Instrument, Periodic Payment			40,654
Closing Price Of Common Stock		$16.25
Notes Issued			3,600,000
Fair Value of Assets Acquired			4,300,000
Individual Counterparty [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					13.00%
Proceeds from Issuance of Unsecured Debt					2,500,000
Debt Instrument, Periodic Payment				13,215
Debt Instrument, Term				10 years	36 months
Loans Payable				1,000,000
Debt Instrument, Interest Rate During Period				10.00%
Real Estate [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				5.25%
Debt Instrument, Periodic Payment				13,270
Debt Instrument, Term				10 years
Long-term Debt, Gross				2,100,000
Loans Payable to Bank, Noncurrent				2,000,000
Business Combination, Consideration Transferred	3,300,000
Area of Land	3.5
Club Business [Member]
Debt Instrument [Line Items]
Business Combination, Consideration Transferred	3,500,000
Lender [Member]
Debt Instrument [Line Items]
Loans Payable				2,000,000
Debt Instrument, Interest Rate During Period						12.00%
Adviser [Member]
Debt Instrument [Line Items]
Loan Origination Cost		$271,500

COMMON_STOCK_Details_Textual

COMMON STOCK (Details Textual) (USD $)	6 Months Ended		3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Class of Stock [Line Items]
Debt Conversion, Converted Instrument, Shares Issued	177,018	113,750
Stock Repurchased and Retired During Period, Shares	192,427
Stock Repurchased and Retired During Period, Value	$1.90
Debt Conversion, Original Debt, Amount	$1.80
Drink Robust, Inc [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Acquisitions			200,000

EARNINGS_PER_SHARE_EPS_Details

EARNINGS PER SHARE (EPS) (Details) (USD $)	3 Months Ended				6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014		Mar. 31, 2015		Mar. 31, 2014
Basic earnings per share:
Net income (loss) attributable to RCIHH’s shareholders	($2,841)		$3,722		$519		$6,125
Average number of common shares outstanding	10,275		9,661		10,269		9,604
Basic earnings (loss) per share - net income attributable to RCIHH’s shareholders	($0.28)		$0.39		$0.05		$0.64
Diluted earnings per share:
Net income (loss) attributable to RCIHH’s shareholders	-2,841		3,722		519		6,125
Adjustment. to net earnings from assumed conversion of debentures	0	[1]	250	[1]	0	[1]	490	[1]
Adjusted net income (loss) attributable to RCIHH’s shareholders	($2,841)		$3,972		$519		$6,615
Average number of common shares outstanding:
Common shares outstanding	10,275		9,661		10,269		9,604
Potential dilutive shares resulting from exercise of warrants and options	0	[2]	176	[2]	4	[2]	173	[2]
Potential dilutive shares resulting from conversion of debentures	0	[3]	1,016	[3]	0	[3]	986	[3]
Total average number of common shares outstanding used for dilution	10,275		10,853		10,273		10,763
Diluted earnings (loss) per share - net income attributable to RCIHH’s shareholders	($0.28)		$0.37		$0.05		$0.62
[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 March 31, 2015 and 2014 totaling $5.9 million and $11.3 million, respectively, were convertible into common stock at a price of $10.00 to $12.50 per share each year. No potential dilutive shares for each of the three and six month periods ended March 31, 2014 have been excluded from earnings per share due to being anti-dilutive. During the three and six month periods ended March 31, 2015, 524,124 shares have been excluded from earnings per share due to being anti-dilutive each period.

EARNINGS_PER_SHARE_EPS_Details1

EARNINGS PER SHARE (EPS) (Details Textual) (USD $)	3 Months Ended	6 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2015	Oct. 15, 2013	Mar. 31, 2014
Earnings Per Share [Line Items]
Debt Instrument, Convertible, Conversion Price			$12.50
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	524,194	524,194
Convertible Debenture [Member]
Earnings Per Share [Line Items]
Convertible Debt	6	6		$11.30
Maximum [Member] | Convertible Debenture [Member]
Earnings Per Share [Line Items]
Debt Instrument, Convertible, Conversion Price	12.5	12.5
Minimum [Member] | Convertible Debenture [Member]
Earnings Per Share [Line Items]
Debt Instrument, Convertible, Conversion Price	10	10

ACQUISITIONS_Details

ACQUISITIONS (Details) (Robust [Member], USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Robust [Member]
Restructuring Cost and Reserve [Line Items]
Inventory and accounts receivable	$501
Equipment, furniture and fixture	356
Definite-lived intangible	10,275
Accounts payable	-1,196
Notes payable	-963
Noncontrolling interest	-3,888
Net assets	$5,085

ACQUISITIONS_Details_1

ACQUISITIONS (Details 1) (Texas Saloon Gentlemen’s Club [Member], USD $)	Jan. 13, 2015
In Thousands, unless otherwise specified
Texas Saloon Gentlemen’s Club [Member]
Business Acquisition [Line Items]
Buildings and land	$3,130
Furniture and fixtures	20
Inventory	4
SOB license	3,566
Noncompete	100
Net assets	$6,820

ACQUISITIONS_Details_Textual

ACQUISITIONS (Details Textual) (USD $)	0 Months Ended	3 Months Ended		6 Months Ended		1 Months Ended
	Jan. 13, 2015	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014	Oct. 30, 2014
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	$6,800,000
Sale of Stock, Consideration Received on Transaction	1,000,000
Sale of Stock, Consideration Received Per Transaction	1,400,000
Sale of Stock, Nature of Consideration Received Per Transaction	seller financing at 6% annual interest, with the balance provided by commercial bank financing at a variable interest rate equal to the prime rate plus 2%, but in no event less than 6.5%
Net Income (Loss) Attributable to Parent, Total		-2,841,000	3,722,000	519,000	6,125,000
Real Estate [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	3,300,000
Area of Land	3.5
Club Business [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	3,500,000
Robust [Member]
Business Acquisition [Line Items]
Business Combination, Bargain Purchase, Gain Recognized, Amount				577,000
Percentage On Investment				15.00%
Robust Energy LLC [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross						200,000
Noncontrolling Interest, Ownership Percentage by Parent						51.00%
Business Combination, Consideration Transferred						5,000,000
Net Income (Loss) Attributable to Parent, Total				1,000,000
Robust Energy LLC [Member] | Common Stock [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable						50,000
Robust Energy LLC [Member] | Restricted Stock [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable						$200,000

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Income Taxes [Line Items]
Computed expected tax expense	($1,487)	$1,894	$251	$3,145
State income taxes	74	69	148	105
Permanent differences	-148	-41	182	-5
Income tax expense	($1,265)	$1,922	$581	$3,245

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2015
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%	34.00%
Deferred Tax Liabilities, Net	$17.20	$17.20

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)	6 Months Ended			15 Months Ended
	Apr. 01, 2015	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2009	Jan. 01, 2008
Commitments And Contingencies [Line Items]
Club Surcharges					$5
Patron Tax Paid in Excess				$2,000,000
Accrued Liabilities		17,100,000
Patron Tax Expense		805,000	866,000
Loss Contingency, Range of Possible Loss, Maximum	15,000,000
Loss Contingency Accrual, Payments	1,833,333
Loss Contingency Accrual		$10,300,000
Percentage of Costs of Litigation		100.00%

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Segment information line items [Line Items]
Sales	$37,410	$32,870	$73,897	$62,293
Operating income	-2,616	7,459	3,524	13,073
Depreciation and Amortization	1,886	1,513	3,531	2,906
Business Segment [Member]
Segment information line items [Line Items]
Sales	37,410	32,870	73,897	62,293
Operating income	-2,616	7,459	3,524	13,073
Capital Expenditures	1,907	2,585	2,869	8,198
Depreciation and Amortization	1,886	1,513	3,531	2,906
Nightclubs [Member] | Business Segment [Member]
Segment information line items [Line Items]
Sales	31,933	31,196	62,995	59,550
Operating income	114	9,644	8,671	17,618
Capital Expenditures	710	813	675	4,365
Depreciation and Amortization	763	848	1,584	1,648
Bombshells [Member] | Business Segment [Member]
Segment information line items [Line Items]
Sales	4,813	1,379	9,721	2,083
Operating income	571	-12	1,111	-317
Capital Expenditures	676	1,735	1,553	3,151
Depreciation and Amortization	221	41	274	53
Other [Member] | Business Segment [Member]
Segment information line items [Line Items]
Sales	664	295	1,181	660
Operating income	-797	-87	-1,344	-257
Capital Expenditures	430	0	444	0
Depreciation and Amortization	305	4	510	10
General Corporate [Member] | Business Segment [Member]
Segment information line items [Line Items]
Operating income	-2,504	-2,086	-4,914	-3,971
Capital Expenditures	91	37	197	682
Depreciation and Amortization	$597	$620	$1,163	$1,195

RESTRICTED_STOCK_ISSUANCE_Deta

RESTRICTED STOCK ISSUANCE (Details Textual) (USD $)	1 Months Ended	6 Months Ended
	Jul. 31, 2014	Mar. 31, 2015
Restricted Assets Disclosure [Line Items]
Restricted Stock, Shares Issued Net of Shares for Tax Withholdings	96,325
Restricted Stock, Value, Shares Issued Net of Tax Withholdings	$938,478
Unamortized Restricted Stock Issuance Cost		620,519
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount		$240,024
Restricted Stock [Member]
Restricted Assets Disclosure [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	2 years

WARRANTS_ISSUED_Details

WARRANTS ISSUED (Details) (Warrants Outstanding 147,683 [Member])	1 Months Ended
	Feb. 28, 2014
Warrants Outstanding 147,683 [Member]
Class of Warrant or Right [Line Items]
Volatility	31.50%
Expected life (in years)	1 year
Expected dividend yield	0.00%
Risk free rate	0.12%

WARRANTS_ISSUED_Details_Textua

WARRANTS ISSUED (Details Textual) (USD $)	Mar. 31, 2015	Feb. 28, 2014	Oct. 15, 2013
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights		$11.77	$12.50
Class Of Warrant Or Right Fair Value	$105,318	$147,683
Warrants Issued		100,000

SUBSEQUENT_EVENTS_Details_Text

SUBSEQUENT EVENTS (Details Textual) (USD $)	0 Months Ended
In Millions, unless otherwise specified	Jan. 13, 2015	4-May-15
Subsequent Event [Line Items]
Business Combination, Consideration Transferred	$6.80
Club Business [Member]
Subsequent Event [Line Items]
Business Combination, Consideration Transferred	3.5
Subsequent Event [Member]
Subsequent Event [Line Items]
Loans Payable		1.1
Subsequent Event [Member] | Seville Club of Minneapolis [Member]
Subsequent Event [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents		4.5
Business Combination, Consideration Transferred		8.5
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		4
Subsequent Event [Member] | Seville Club of Minneapolis [Member] | Bank Financing [Member]
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		5.50%
Business Combination, Consideration Transferred, Liabilities Incurred		5.7
Subsequent Event [Member] | Seville Club of Minneapolis [Member] | Seller Financing [Member]
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		6.00%
Business Combination, Consideration Transferred, Liabilities Incurred		$1.80