RCI Hospitality (RICK) 10-Q 9 Feb 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Dec. 31, 2015	Jan. 31, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Registrant Name	RCI HOSPITALITY HOLDINGS, INC.
Entity Central Index Key	935,419
Current Fiscal Year End Date	--09-30
Entity Filer Category	Accelerated Filer
Trading Symbol	RICK
Entity Common Stock, Shares Outstanding		9,948,048

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Current assets:
Cash and cash equivalents	$ 8,384	$ 8,020
Accounts receivable:
Trade, net	1,936	1,578
Other, net	812	576
Marketable securities	621	614
Inventories	2,689	2,368
Prepaid expenses and other current assets	3,681	4,010
Total current assets	18,123	17,166
Property and equipment, net	133,423	134,150
Other assets:
Goodwill	52,641	52,641
Indefinite lived intangibles, net	55,828	55,828
Definite lived intangibles, net	4,821	5,021
Other	2,273	2,224
Total other assets	115,563	115,714
Total assets	267,109	267,030
Current liabilities:
Accounts payable	1,641	2,164
Accrued liabilities	9,795	9,626
Texas patron tax liability	1,651	1,364
Current portion of long-term debt	9,195	9,700
Total current liabilities	22,282	22,854
Deferred tax liability	28,758	28,087
Other long-term liabilities	2,705	2,723
Long-term debt	85,161	84,880
Total liabilities	$ 138,906	$ 138,544
Commitments and contingencies
STOCKHOLDERS' EQUITY:
Preferred stock, $.10 par, 1,000 shares authorized; none issued and outstanding	$ 0	$ 0
Common stock, $.01 par, 20,000 shares authorized; 10,002 and 10,285 shares issued and outstanding, respectively	100	103
Additional paid-in capital	67,058	69,729
Accumulated other comprehensive income	116	109
Retained earnings	55,234	52,682
Total RCIHH stockholders’ equity	122,508	122,623
Noncontrolling interests	5,695	5,863
Total stockholders' equity	128,203	128,486
Total liabilities and stockholders’ equity	$ 267,109	$ 267,030

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares shares in Thousands	Dec. 31, 2015	Sep. 30, 2015
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	10,002	10,285
Common stock, shares outstanding	10,002	10,285

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Sales of alcoholic beverages	$ 14,597	$ 14,004
Sales of food and merchandise	4,334	4,834
Service revenues	12,641	13,528
Other	1,903	1,838
Total revenues	33,475	34,204
Operating expenses:
Cost of goods sold	5,184	5,111
Salaries and wages	8,135	8,032
Stock-based compensation	120	120
Other general and administrative:
Taxes and permits	3,227	3,110
Charge card fees	613	547
Rent	948	1,141
Legal and professional	1,105	959
Advertising and marketing	1,305	1,367
Depreciation and amortization	1,817	1,645
Insurance	874	820
Utilities	710	734
Impairment of assets	0	1,358
Settlement of lawsuits and other one-time costs	540	247
Other	3,180	2,873
Total operating expenses	27,758	28,064
Income from operations	5,717	6,140
Other income (expense):
Interest income and other	4	13
Interest expense	(1,915)	(1,619)
Gain from acquisition of controlling interest in subsidiary	0	577
Income before income taxes	3,806	5,111
Income taxes	1,367	1,846
Net income	2,439	3,265
Less: Net (income) loss attributable to noncontrolling interests	113	95
Net income attributable to RCI Hospitality Holdings, Inc.	$ 2,552	$ 3,360
Basic earnings per share attributable to RCIHH shareholders:
Net income (in dollars per share)	$ 0.25	$ 0.33
Diluted earnings per share attributable to RCIHH shareholders:
Net income (in dollars per share)	$ 0.25	$ 0.32
Weighted average number of common shares outstanding:
Basic (in shares)	10,296	10,264
Diluted (in shares)	10,635	10,929

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net income	$ 2,439	$ 3,265
Other comprehensive income:
Unrealized holding gain (loss) on securities available for sale	7	8
Comprehensive income to common stockholders	2,446	3,273
Less: Net (income) loss attributable to noncontrolling interests	113	95
Comprehensive income to common stockholders	$ 2,559	$ 3,368

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,439	$ 3,265
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	1,817	1,645
Deferred taxes	676	1,523
Impairment of assets	0	1,358
Amortization of note discount and beneficial conversion	8	22
(Gain) from acquisition of controlling interest in subsidiary	0	(577)
Deferred rents	(24)	(32)
Stock compensation expense	120	120
Changes in operating assets and liabilities:
Accounts receivable	(594)	(221)
Inventories	(321)	(426)
Prepaid expenses and other assets	278	1,049
Accounts payable and accrued liabilities	(197)	(2,634)
Cash provided by operating activities	4,202	5,092
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property and equipment	(889)	(792)
Acquisition of businesses, net of cash acquired	0	(200)
Cash used in investing activities	(889)	(992)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from long-term debt	4,556	4,957
Payments on long-term debt	(4,656)	(4,711)
Purchase of treasury stock	(2,795)	(1,085)
Distribution to noncontrolling interests	(54)	(54)
Cash used in financing activities	(2,949)	(893)
NET INCREASE IN CASH AND CASH EQUIVALENTS	364	3,207
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	8,020	9,964
CASH AND CASH EQUIVALENTS AT END OF PERIOD	8,384	13,171
CASH PAID DURING PERIOD FOR:
Interest	1,919	1,623
Income taxes	$ 97	$ 1,724

CONSOLIDATED STATEMENTS OF CAS7

CONSOLIDATED STATEMENTS OF CASH FLOWS NON-CASH AND OTHER TRANSACTIONS - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Unrealized gain (loss) on marketable securities	$ 7,000	$ 8,000
Beneficial debt conversion feature on convertible debt		$ 1,319,778
Issue of shares of common stock for acquiring a business Number of shares		200,000
Debt Conversion, Converted Instrument, Shares Issued		130,039
Stock Repurchased and Retired During Period, Shares	282,762	109,616
Stock Repurchased and Retired During Period, Value	$ 2,793,542	$ 1,084,561

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Dec. 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, 2015 included in the Company's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. The interim unaudited consolidated financial statements should be read in conjunction with those consolidated 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 three months ended December 31, 2015 are not necessarily indicative of the results that may be expected for the year ending September 30, 2016.

RECENT ACCOUNTING STANDARDS AND

RECENT ACCOUNTING STANDARDS AND PRONOUNCEMENTS	3 Months Ended
	Dec. 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 PRONOUNCEMENTS In May 2014, the FASB issued Accounting Standards Update (“ASU”) 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). In the accompanying statements of income, the Company has reported revenues for the quarter ended December 31, 2015 and 2014 net of sales taxes and other revenue related taxes, due to a change in this accounting policy. Previously, the Company had included these taxes in revenue and expense. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements — Going Concern (Subtopic 205-40) In June 2014, the FASB issued ASU No. 2014-12, Compensation—Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (a consensus of the FASB Emerging Issues Task Force) date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The adoption of this guidance will not have a material impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs Interest - Imputation of Interest In January 2015, the FASB issued ASU No. 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. In February 2015, the FASB issued ASU No. 2015-02, which amends FASB ASU Topic 810, Consolidations In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory In September 2015, the FASB issued ASU 2015-16, Simplifying the Accounting for Measurement-Period Adjustments In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes

RECLASSIFICATIONS

RECLASSIFICATIONS	3 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reclassifications [Text Block]	RECLASSIFICATIONS In the accompanying statements of income, the Company has reported revenues for the quarter ended December 31, 2015 and 2014 net of sales taxes and other revenue related taxes, due to a change in accounting policy. Previously, the Company had included these taxes in expense. The reclassifications amounted to $ 2.3 December 31, 2015 and 2014. In the accompanying balance sheet, the Company has reported deferred tax assets and liabilities and assets as of December 31, 2015 and September 30, 2015 2.9 3.4 December 31, 2015 and September 30, 2015, respectively. In the accompanying balance sheet, the Company has reported deferred debt issue costs as a reduction of long-term debt as of December 31, 2015 and September 30, 2015 464,129 339,856 December 31, 2015 and September 30, 2015, respectively.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	4. SIGNIFICANT ACCOUNTING POLICIES Following are certain significant accounting principles and disclosures. The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. The Company determines fair value based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels. 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. We classify our 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 comprehensive income. We measure the fair value of our marketable securities based on quoted prices for identical securities in active markets, or Level 1 inputs. Gross (in thousands) Cost Unrealized Fair Available for Sale Basis Gains Value Tax-Advantaged Bond Fund $ 505 $ 115 $ 621 In accordance with GAAP, we review our 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, we write down the cost basis of the security and include the loss in current earnings as opposed to an unrealized holding loss. No losses for other than temporary impairments in our marketable securities portfolio were recognized during the quarter ended December 31, 2015. (in thousands) Carrying December 31, 2015 Amount Level 1 Level 2 Level 3 Marketable securities $ 621 $ 621 $ - $ - (in thousands) Carrying September 30, 2015 Amount Level 1 Level 2 Level 3 Marketable securities $ 614 $ 614 $ - $ - Assets and Liabilities that are Measured at Fair Value on a Nonrecurring Basis Assets and liabilities that are measured at fair value on a nonrecurring basis relate primarily to tangible fixed assets, goodwill and other intangible assets, which are remeasured when the derived fair value is below carrying value in the Consolidated Balance Sheets. For these assets, the Company does not periodically adjust carrying value to fair value except in the event of impairment. If it is determined that impairment has occurred, the carrying value of the asset is reduced to fair value and the difference is recorded within income before interest, other income (expense) and income taxes in the consolidated statements of income. Fair Value at Reporting Date Using Quoted Prices in Significant Active Markets for Significant Other Unobservable (in thousands) December 31 Identical Asset Observable Inputs Inputs Description 2015 (Level 1) (Level 2) (Level 3) Goodwill $ 52,641 $ - $ - $ 52,641 Property and equipment, net 133,423 - - 133,423 Indefinite lived intangibles 55,828 - - 55,828 Definite lived intangibles, net 4,821 - - 4,821 Fair Value at Reporting Date Using Quoted Prices in Significant Active Markets for Significant Other Unobservable (in thousands) September 30 Identical Asset Observable Inputs Inputs Description 2015 (Level 1) (Level 2) (Level 3) Goodwill $ 52,641 $ - $ - $ 52,641 Property and equipment, net 134,150 - - 134,150 Indefinite lived intangibles 55,828 - - 55,828 Definite lived intangibles, net 5,021 - - 5,021 Total Gains (Losses) (in thousands) Quarters Ended December 31, Description 2015 2014 Goodwill $ - $ Property and equipment, net - - Indefinite lived intangibles - - Definite lived intangibles, net - (1,358)

STOCK OPTIONS AND STOCK-BASED E

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION	3 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	5. 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 not less than The compensation costs recognized for each of the three month periods ended December 31, 2015 and 2014 were $ 120,012 Stock Option Activity There were no stock options outstanding at December 31, 2015, and there were no stock option transactions nor expense for the three months ended December 31, 2015 and 2014.

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	3 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	6. GOODWILL AND OTHER INTANGIBLES (in thousands) 2015 2014 Definite- Definite- Lived Lived Intangibles Licenses Goodwill Intangibles Licenses Goodwill Beginning balance $ 5,021 $ 55,828 $ 52,641 $ 675 $ 53,968 $ 43,374 Intangibles acquired - - - 10,275 - - Impairment - - - - (1,358) - Amortization and other (200) - - (243) - 51 Ending balance $ 4,821 $ 55,828 $ 52,641 $ 10,707 $ 52,610 $ 43,425 During the quarter ended December 31, 2014, we have recorded an impairment of $ 1.4

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	7. LONG-TERM DEBT In October 2015, the Company refinanced certain real estate debt amounting to $ 2.3 4.6 2.0 30,244 5.0 ten In October 2015, the Company entered into a $ 4.7 31,988 5.25 1 twenty In December 2014, the Company refinanced certain real estate debt amounting to $ 2.1 2.0 13,270 5.25 ten In December 2014, the Company borrowed $ 1.0 13,215 10 ten In December 2014, the Company borrowed $ 2.0 12 three On October 15, 2013, the Company sold to certain investors (i) 9 4,525,000 72,400 three 12.50 9 April 15, 2014 452,500 16.25 12.50 October 15, 2016 16.25 4,525,000 271,500 105,318 GAAP Volatility 28.4 % Expected life 1.5 years Expected dividend yield - Risk free rate .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.

COMMON STOCK

COMMON STOCK	3 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Common Stock [Text Block]	8. COMMON STOCK During the quarter ended December 31, 2015, the Company purchased and retired 282,762 2,793,542 During the quarter ended December 31, 2014, the Company issued 130,039 1,319,778 During the quarter ended December 31, 2014, the Company purchased and retired 109,616 1,084,561 During the quarter ended December 31, 2014, the Company issued 200,000

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)	3 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	9. EARNINGS PER SHARE (EPS) The Company computes earnings per share in accordance with GAAP. 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”). (in thousands, except per share data) FOR THE QUARTER ENDED DECEMBER 31, 2015 2014 Basic earnings per share: Net income attributable to RCIHH shareholders $ 2,552 $ 3,360 Average number of common shares outstanding 10,296 10,264 Basic earnings (loss) per share: Net income (loss) attributable to RCIHH shareholders $ 0.25 $ 0.33 Diluted earnings per share: Net income attributable to Rick's shareholders $ 2,552 $ 3,360 Adjustment. to net earnings from assumed conversion of debentures (1) 85 172 Adjusted net income (loss) attributable to RCIHH shareholders $ 2,637 $ 3,532 Average number of common shares outstanding: Common shares outstanding 10,296 10,264 Potential dilutive shares resulting from exercise of warrants and options (2) - 5 Potential dilutive shares resulting from conversion of debentures (1) 339 660 Total average number of common shares outstanding used for dilution 10,635 10,929 Diluted earnings (loss) per share: Net income (loss) attributable to Rick's shareholders $ 0.25 $ 0.32 (1) All outstanding warrants and options were considered for the EPS computation. Potential dilutive options and warrants of 172,400 zero (2) 3.9 7.4 10.00 10.25 12.50 *EPS may not foot due to rounding.

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	10. ACQUISITIONS Quarter Ended December 31, 2014 On October 30, 2014, a 51 200,000 200,000 3.6 50,000 1 (in thousands) Inventory and accounts receivable $ 500 Equipment, furniture and fixtures 356 Definite-lived intangibles 4,931 Goodwill 5,326 Accounts payable (1,482) Notes payable (963) Deferred tax liability (1,726) Noncontrolling interest (3,392) Net assets $ 3,550 In accordance with GAAP, the Company recorded a gain of approximately $ 577,000 15

INCOME TAXES

INCOME TAXES	3 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	11. INCOME TAXES 34 (in thousands) 2015 2014 Computed expected tax expense $ 1,295 $ 1,730 State income taxes 63 74 Stock option disqualifying dispositions and other permanent differences 9 42 Total income tax expense $ 1,367 $ 1,846 Included in the Company’s deferred tax liabilities at December 31, 2015 is approximately $ 16.4 The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. During the quarters ended December 31, 2015 and 2014, the Company recognized no interest and penalties for unrecognized tax benefits. The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, and various states. The last three years remain open to tax examination.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	12. COMMITMENTS AND CONTINGENCIES Legal Matters Texas Patron Tax The Company has reached a settlement with the State of Texas over payment of the state’s Patron Tax on adult club customers. To resolve the issue of taxes owed, the Company agreed to pay $ 10.0 119,000 84 5 9.6 7.2 8.2 6.8 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 and collective action filed in the United States District Court for the Southern District of New York. Trial was scheduled to begin April 27, 2015. On September 22, 2015, the Court granted final approval of the settlement. Under the terms of the agreement, Peregrine Enterprises, Inc. was to make up to $ 15 1,833,333 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 expensed $ 11.1 5.6 5.5 3.6 1.8 1.8 Indemnity Insurance Corporation 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. Since the expiration of the order the lawsuits have resumed. We are funding 100 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 filed the appropriate claims against IIC with the Receiver before 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. General The Company is involved in various suits and claims arising in the normal course of business. The ultimate outcome of these items will not have a material adverse effect on the Company’s consolidated statements of income or financial position. In April 2015, the Company was sued by a landlord in the 33rd Judicial District Court of Harris County Settlements of lawsuits for the quarters ended December 31, 2015 and 2014 totaled $ 540,000 247,000

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	13. 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. Three Months Ended December 31, (in thousands) 2015 2014 Business segment revenues: Nightclubs $ 28,170 $ 29,167 Bombshells 4,379 4,534 Other 926 503 $ 33,475 $ 34,204 Business segment operating income (loss): Nightclubs $ 8,508 $ 8,284 Bombshells 487 539 Other (648) (546) General corporate (2,630) (2,137) $ 5,717 $ 6,140 Business segment capital expenditures: Nightclubs $ 391 $ 245 Bombshells 40 877 Other 2 14 General corporate 456 106 Disposition - (280) $ 889 $ 962 Business segment depreciation and amortization: Nightclubs $ 1,142 $ 1,202 Bombshells 231 53 Other 171 204 General corporate 273 186 $ 1,817 $ 1,645 Business segment assets: Nightclubs $ 197,343 $ 186,111 Bombshells 9,592 10,554 Other 9,837 12,167 General corporate 50,337 36,140 $ 267,109 $ 244,972 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	3 Months Ended
	Dec. 31, 2015
Restricted Assets Disclosure [Abstract]
Restricted Assets Disclosure [Text Block]	14. RESTRICTED STOCK ISSUANCE In July 2014, the Company granted to an executive officer and an officer of a subsidiary an aggregate total of 96,325 938,478 two 240,024 120,012

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	15. SUBSEQUENT EVENTS. On January 13, 2016, a subsidiary of the Company acquired the land and building in Manhattan where Rick’s Cabaret New York is located. Total consideration was $ 10.0 14,000 5.0 25

SIGNIFICANT ACCOUNTING POLICI23

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Accounting The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. The Company determines fair value based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels. 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. We classify our 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 comprehensive income. We measure the fair value of our marketable securities based on quoted prices for identical securities in active markets, or Level 1 inputs. Gross (in thousands) Cost Unrealized Fair Available for Sale Basis Gains Value Tax-Advantaged Bond Fund $ 505 $ 115 $ 621 In accordance with GAAP, we review our 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, we write down the cost basis of the security and include the loss in current earnings as opposed to an unrealized holding loss. No losses for other than temporary impairments in our marketable securities portfolio were recognized during the quarter ended December 31, 2015.
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Policy Text Block]	Assets and Liabilities that are Measured at Fair Value on a Nonrecurring Basis – continued (in thousands) Carrying December 31, 2015 Amount Level 1 Level 2 Level 3 Marketable securities $ 621 $ 621 $ - $ - (in thousands) Carrying September 30, 2015 Amount Level 1 Level 2 Level 3 Marketable securities $ 614 $ 614 $ - $ - Assets and Liabilities that are Measured at Fair Value on a Nonrecurring Basis Assets and liabilities that are measured at fair value on a nonrecurring basis relate primarily to tangible fixed assets, goodwill and other intangible assets, which are remeasured when the derived fair value is below carrying value in the Consolidated Balance Sheets. For these assets, the Company does not periodically adjust carrying value to fair value except in the event of impairment. If it is determined that impairment has occurred, the carrying value of the asset is reduced to fair value and the difference is recorded within income before interest, other income (expense) and income taxes in the consolidated statements of income. Fair Value at Reporting Date Using Quoted Prices in Significant Active Markets for Significant Other Unobservable (in thousands) December 31 Identical Asset Observable Inputs Inputs Description 2015 (Level 1) (Level 2) (Level 3) Goodwill $ 52,641 $ - $ - $ 52,641 Property and equipment, net 133,423 - - 133,423 Indefinite lived intangibles 55,828 - - 55,828 Definite lived intangibles, net 4,821 - - 4,821 Fair Value at Reporting Date Using Quoted Prices in Significant Active Markets for Significant Other Unobservable (in thousands) September 30 Identical Asset Observable Inputs Inputs Description 2015 (Level 1) (Level 2) (Level 3) Goodwill $ 52,641 $ - $ - $ 52,641 Property and equipment, net 134,150 - - 134,150 Indefinite lived intangibles 55,828 - - 55,828 Definite lived intangibles, net 5,021 - - 5,021 Total Gains (Losses) (in thousands) Quarters Ended December 31, Description 2015 2014 Goodwill $ - $ Property and equipment, net - - Indefinite lived intangibles - - Definite lived intangibles, net - (1,358)

SIGNIFICANT ACCOUNTING POLICI24

SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Available-for-sale Securities [Table Text Block]	As of December 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 $ 115 $ 621
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 December 31, 2015 Amount Level 1 Level 2 Level 3 Marketable securities $ 621 $ 621 $ - $ - (in thousands) Carrying September 30, 2015 Amount Level 1 Level 2 Level 3 Marketable securities $ 614 $ 614 $ - $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value at Reporting Date Using Quoted Prices in Significant Active Markets for Significant Other Unobservable (in thousands) December 31 Identical Asset Observable Inputs Inputs Description 2015 (Level 1) (Level 2) (Level 3) Goodwill $ 52,641 $ - $ - $ 52,641 Property and equipment, net 133,423 - - 133,423 Indefinite lived intangibles 55,828 - - 55,828 Definite lived intangibles, net 4,821 - - 4,821 Fair Value at Reporting Date Using Quoted Prices in Significant Active Markets for Significant Other Unobservable (in thousands) September 30 Identical Asset Observable Inputs Inputs Description 2015 (Level 1) (Level 2) (Level 3) Goodwill $ 52,641 $ - $ - $ 52,641 Property and equipment, net 134,150 - - 134,150 Indefinite lived intangibles 55,828 - - 55,828 Definite lived intangibles, net 5,021 - - 5,021 Total Gains (Losses) (in thousands) Quarters Ended December 31, Description 2015 2014 Goodwill $ - $ Property and equipment, net - - Indefinite lived intangibles - - Definite lived intangibles, net - (1,358)

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES (Tables)	3 Months Ended
	Dec. 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 definite-lived intangibles, goodwill and licenses for the three months ended December 31, 2015 and 2014: (in thousands) 2015 2014 Definite- Definite- Lived Lived Intangibles Licenses Goodwill Intangibles Licenses Goodwill Beginning balance $ 5,021 $ 55,828 $ 52,641 $ 675 $ 53,968 $ 43,374 Intangibles acquired - - - 10,275 - - Impairment - - - - (1,358) - Amortization and other (200) - - (243) - 51 Ending balance $ 4,821 $ 55,828 $ 52,641 $ 10,707 $ 52,610 $ 43,425

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Dec. 31, 2015
Debt Instrument [Line Items]
Schedule Of Warrants Valuation Assumptions [Table Text Block]	The fair value of the warrants was estimated to be $ 105,318 GAAP Volatility 28.4 % Expected life 1.5 years Expected dividend yield - Risk free rate .33 %

EARNINGS PER SHARE (EPS) (Table

EARNINGS PER SHARE (EPS) (Tables)	3 Months Ended
	Dec. 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). (in thousands, except per share data) FOR THE QUARTER ENDED DECEMBER 31, 2015 2014 Basic earnings per share: Net income attributable to RCIHH shareholders $ 2,552 $ 3,360 Average number of common shares outstanding 10,296 10,264 Basic earnings (loss) per share: Net income (loss) attributable to RCIHH shareholders $ 0.25 $ 0.33 Diluted earnings per share: Net income attributable to Rick's shareholders $ 2,552 $ 3,360 Adjustment. to net earnings from assumed conversion of debentures (1) 85 172 Adjusted net income (loss) attributable to RCIHH shareholders $ 2,637 $ 3,532 Average number of common shares outstanding: Common shares outstanding 10,296 10,264 Potential dilutive shares resulting from exercise of warrants and options (2) - 5 Potential dilutive shares resulting from conversion of debentures (1) 339 660 Total average number of common shares outstanding used for dilution 10,635 10,929 Diluted earnings (loss) per share: Net income (loss) attributable to Rick's shareholders $ 0.25 $ 0.32 (1) All outstanding warrants and options were considered for the EPS computation. Potential dilutive options and warrants of 172,400 zero (2) 3.9 7.4 10.00 10.25 12.50 *EPS may not foot due to rounding.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	3 Months Ended
	Dec. 31, 2015
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 and liabilities at the purchase date. (in thousands) Inventory and accounts receivable $ 500 Equipment, furniture and fixtures 356 Definite-lived intangibles 4,931 Goodwill 5,326 Accounts payable (1,482) Notes payable (963) Deferred tax liability (1,726) Noncontrolling interest (3,392) Net assets $ 3,550

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Dec. 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 (in thousands) 2015 2014 Computed expected tax expense $ 1,295 $ 1,730 State income taxes 63 74 Stock option disqualifying dispositions and other permanent differences 9 42 Total income tax expense $ 1,367 $ 1,846

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Dec. 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 December 31, (in thousands) 2015 2014 Business segment revenues: Nightclubs $ 28,170 $ 29,167 Bombshells 4,379 4,534 Other 926 503 $ 33,475 $ 34,204 Business segment operating income (loss): Nightclubs $ 8,508 $ 8,284 Bombshells 487 539 Other (648) (546) General corporate (2,630) (2,137) $ 5,717 $ 6,140 Business segment capital expenditures: Nightclubs $ 391 $ 245 Bombshells 40 877 Other 2 14 General corporate 456 106 Disposition - (280) $ 889 $ 962 Business segment depreciation and amortization: Nightclubs $ 1,142 $ 1,202 Bombshells 231 53 Other 171 204 General corporate 273 186 $ 1,817 $ 1,645 Business segment assets: Nightclubs $ 197,343 $ 186,111 Bombshells 9,592 10,554 Other 9,837 12,167 General corporate 50,337 36,140 $ 267,109 $ 244,972

RECLASSIFICATIONS (Details Text

RECLASSIFICATIONS (Details Textual) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenues, Total	$ 33,475,000	$ 34,204,000
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenues, Total	2,300,000	$ 2,300,000
Deferred Tax Assets, Net, Total	2,900,000		$ 3,400,000
Deferred Costs, Total	$ 464,129		$ 339,856

SIGNIFICANT ACCOUNTING POLICI32

SIGNIFICANT ACCOUNTING POLICIES (Details) - Tax Advantaged Bond Fund [Member] - Fair Value, Inputs, Level 1 [Member] $ in Thousands	Dec. 31, 2015USD ($)
Significant Accounting Policies [Line Items]
Available for Sale, Cost Basis	$ 505
Available for Sale, Gross Unrealized Gains	115
Available for Sale, Fair Value	$ 621

SIGNIFICANT ACCOUNTING POLICI33

SIGNIFICANT ACCOUNTING POLICIES (Details 1) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Significant Accounting Policies [Line Items]
Marketable securities	$ 621	$ 614
Fair Value, Inputs, Level 1 [Member]
Significant Accounting Policies [Line Items]
Marketable securities	621	614
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 POLICI34

SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Significant Accounting Policies [Line Items]
Goodwill	$ 52,641	$ 52,641	$ 43,425	$ 43,374
Property and equipment, net	133,423	134,150
Indefinite lived intangibles	55,828	55,828
Definite lived intangibles, net	4,821	5,021	10,707	$ 675
Fair Value, Measurements, Nonrecurring [Member]
Significant Accounting Policies [Line Items]
Goodwill	0		0
Property and equipment, net	0		0
Indefinite lived intangibles	0		0
Definite lived intangibles, net	0		$ (1,358)
Quoted Prices in Active Markets for Identical Asset (Level 1) [Member]
Significant Accounting Policies [Line Items]
Goodwill	0	0
Property and equipment, net	0	0
Indefinite lived intangibles	0	0
Definite lived intangibles, net	0	0
Significant Other Observable Inputs (Level 2) [Member]
Significant Accounting Policies [Line Items]
Goodwill	0	0
Property and equipment, net	0	0
Indefinite lived intangibles	0	0
Definite lived intangibles, net	0	0
Significant Unobservable Inputs (Level 3) [Member]
Significant Accounting Policies [Line Items]
Goodwill	52,641	52,641
Property and equipment, net	133,423	134,150
Indefinite lived intangibles	55,828	55,828
Definite lived intangibles, net	$ 4,821	$ 5,021

STOCK OPTIONS AND STOCK-BASED35

STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Details Textual) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 120,012	$ 120,012
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross	0	0
Share-based Compensation, Total	$ 120,000	$ 120,000
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation, Total	$ 0

GOODWILL AND OTHER INTANGIBLE36

GOODWILL AND OTHER INTANGIBLES (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Definite-lived Intangible Assets [Line Items]
Definite- Lived Intangibles, Beginning balance	$ 5,021	$ 675
Definite- Lived Intangibles, Intangibles acquired	0	10,275
Definite- Lived Intangibles, Impairment	0	0
Definite- Lived Intangibles, Amortization and other	(200)	(243)
Definite- Lived Intangibles, Ending balance	4,821	10,707
Licenses, Beginning balance	55,828	53,968
Licenses, Intangibles acquired	0	0
Licenses, Impairment	0	(1,358)
Licenses, Amortization and other	0	0
Licenses, Ending balance	55,828	52,610
Goodwill, Beginning balance	52,641	43,374
Goodwill, Intangibles acquired	0	0
Goodwill, Imapairment	0	0
Goodwill, Amortization and other	0	51
Goodwill, Ending balance	$ 52,641	$ 43,425

GOODWILL AND OTHER INTANGIBLE37

GOODWILL AND OTHER INTANGIBLES (Details Textual) $ in Millions	3 Months Ended
	Dec. 31, 2014USD ($)
Temptations Cabaret [Member]
Goodwill And Intangible Assets [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ 1.4

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details)	3 Months Ended
	Dec. 31, 2015
Debt Instrument [Line Items]
Volatility	28.40%
Expected life	1 year 6 months
Expected dividend yield	0.00%
Risk free rate	0.33%

LONG-TERM DEBT (Details Textual

LONG-TERM DEBT (Details Textual) - USD ($)	Oct. 15, 2013	Oct. 31, 2015	Dec. 31, 2014	Dec. 31, 2015
Debt Instrument [Line Items]
Class Of Warrant Or Right Fair Value				$ 105,318
Warrant Expiration Date	Oct. 15, 2016
Debt Conversion, Original Debt, Interest Rate of Debt	9.00%
Debt Conversion, Converted Instrument, Expiration or Due Date	Apr. 15, 2014
Shares Issued, Price Per Share	$ 16.25
Construction Loans [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		5.25%
Debt Instrument, Periodic Payment		$ 31,988
Debt Instrument, Term		20 years
Loans Payable		$ 4,700,000
Construction Loans [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		1.00%
Convertible Debenture [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	9.00%
Debt Instrument, Periodic Payment	$ 452,500
Loan Origination Cost	271,500
Proceeds From Sale Of Debenture And Warrant	4,525,000
Convertible Debt	$ 4,525,000
Debt Instrument, Convertible, Conversion Price	$ 12.50
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 12.50
Debt Instrument, Term	3 years
Warrants To Purchase Common Stock	72,400
Shares Issued, Price Per Share	$ 16.25
Individual Counterparty [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			10.00%
Debt Instrument, Periodic Payment			$ 13,215
Debt Instrument, Term			10 years
Long-term Debt, Gross			$ 1,000,000
Real Estate [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		5.00%	5.25%
Debt Instrument, Periodic Payment		$ 30,244	$ 13,270
Debt Instrument, Term		10 years	10 years
Long-term Debt, Gross		$ 2,300,000	$ 2,100,000
Loans Payable to Bank, Noncurrent		4,600,000	$ 2,000,000
Sale of Stock, Consideration Received on Transaction		$ 2,000,000
Lender [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			12.00%
Debt Instrument, Term			3 years
Long-term Debt, Gross			$ 2,000,000

COMMON STOCK (Details Textual)

COMMON STOCK (Details Textual) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Stock Repurchased and Retired During Period, Shares	282,762	109,616
Stock Repurchased and Retired During Period, Value	$ 2,793,542	$ 1,084,561
Debt Conversion, Converted Instrument, Amount		$ 1,319,778
Debt Conversion, Converted Instrument, Shares Issued		130,039
Stock Issued During Period, Shares, Acquisitions		200,000

EARNINGS PER SHARE (EPS) (Detai

EARNINGS PER SHARE (EPS) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended
		Dec. 31, 2015		Dec. 31, 2014
Basic earnings per share:
Net income attributable to RCIHH shareholders		$ 2,552		$ 3,360
Average number of common shares outstanding		10,296		10,264
Basic earnings (loss) per share: Net income (loss) attributable to RCIHH shareholders		$ 0.25		$ 0.33
Diluted earnings per share:
Net income attributable to Rick's shareholders		$ 2,552		$ 3,360
Adustment to net earnings from assumed conversion of debentures		85	[1]	172
Adjusted net income (loss) attributable to RCIHH shareholders		$ 2,637		$ 3,532
Average number of common shares outstanding:
Common shares outstanding		10,296		10,264
Potential dilutive shares resulting from exercise of warrants and options	[2]	0		5
Potential dilutive shares resulting from conversion of debentures		339	[1]	660
Total average number of common shares outstanding used for dilution		10,635		10,929
Net income (loss) attributable to Rick's shareholders		$ 0.25		$ 0.32
[1]	All outstanding warrants and options were considered for the EPS computation. Potential dilutive options and warrants of 172,400 and zero for each of the three months ended December 31, 2015 and 2014 have been excluded from earnings per share due to being anti-dilutive.
[2]	Convertible debentures (principal and accrued interest) outstanding at December 31, 2015 and 2014 totaling $3.9 million and $7.4 million, respectively, were convertible into common stock at a price of $10.00, $10.25 and $ 12.50 per share in each year.

EARNINGS PER SHARE (EPS) (Det42

EARNINGS PER SHARE (EPS) (Details Textual) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Line Items]
Amount Of Antidilutive Securities Excluded From Computation Of Earnings Per Share	$ 172,400	$ 0
Convertible Debenture [Member]
Earnings Per Share [Line Items]
Convertible Debt	$ 3,900,000	$ 7,400,000
Debt Instrument, Convertible, Conversion Price	$ 10	$ 10.25	$ 12.50

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Restructuring Cost and Reserve [Line Items]
Goodwill	$ 52,641	$ 52,641	$ 43,425	$ 43,374
Robust [Member]
Restructuring Cost and Reserve [Line Items]
Inventory and accounts receivable	500
Equipment, furniture and fixtures	356
Definite-lived intangibles	4,931
Goodwill	5,326
Accounts payable	(1,482)
Notes payable	(963)
Deferred tax liability	(1,726)
Noncontrolling interest	(3,392)
Net assets	$ 3,550

ACQUISITIONS (Details Textual)

ACQUISITIONS (Details Textual) - USD ($)	1 Months Ended	3 Months Ended
	Oct. 30, 2014	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Net Income (Loss) Attributable to Parent, Total		$ 2,552,000	$ 3,360,000
Texas Saloon Gentlemen’s Club [Member]
Business Acquisition [Line Items]
Net Income (Loss) Attributable to Parent, Total	$ 1,000,000
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	$ 3,600,000
Percentage On Investment	15.00%
Gain (Loss) on Investments	$ 577,000
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 ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
Computed expected tax expense	$ 1,295	$ 1,730
State income taxes	63	74
Stock option disqualifying dispositions and other permanent differences	9	42
Total income tax expense	$ 1,367	$ 1,846

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) $ in Millions	3 Months Ended
	Dec. 31, 2015USD ($)
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%
Deferred Tax Liabilities, Net	$ 16.4

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	1 Months Ended	3 Months Ended
	Apr. 20, 2015	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014	Apr. 01, 2015
Commitments And Contingencies [Line Items]
Payments for Legal Settlements		$ 540,000		$ 247,000
Texas patron tax [Member]
Commitments And Contingencies [Line Items]
Loss Contingency, Damages Sought, Value		10,000,000
Monthly Installment Of Settlement Loss		$ 119,000
Number Of Installments For Settlement		84 months
Patron Tax Rate Per Customer		5
Settlement With Imputed Interest Discount		9.60%
Net Present Value For The Settlement		$ 7,200,000
Pre Tax Gain For Previously Accrued For Tax			$ 8,200,000
Long-term Debt		6,800,000
New York Settlement [Member]
Commitments And Contingencies [Line Items]
Accrued Liabilities		1,800,000
Loss Contingency, Range of Possible Loss, Maximum					$ 15,000,000
Loss Contingency Accrual, Payments	$ 1,833,333
Loss Contingency Expense		11,100,000
Accrued Entertainers Fees		5,600,000
Accrued Liabilities and Other Liabilities, Total		3,600,000
Other Liabilities		1,800,000
Accrued Professional Fees		$ 5,500,000
Indemnity Insurance Corporation [Member]
Commitments And Contingencies [Line Items]
Percentage of Costs of Litigation		100.00%

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Segment information line items [Line Items]
Revenues	$ 33,475	$ 34,204
Operating income (loss)	5,717	6,140
Capital Expenditures	889	962
Depreciation and Amortization	1,817	1,645
Assets	267,109	244,972	$ 267,030
Business Segment [Member]
Segment information line items [Line Items]
Disposition	0	(280)
Nightclubs [Member] | Business Segment [Member]
Segment information line items [Line Items]
Revenues	28,170	29,167
Operating income (loss)	8,508	8,284
Capital Expenditures	391	245
Depreciation and Amortization	1,142	1,202
Assets	197,343	186,111
Bombshells [Member] | Business Segment [Member]
Segment information line items [Line Items]
Revenues	4,379	4,534
Operating income (loss)	487	539
Capital Expenditures	40	877
Depreciation and Amortization	231	53
Assets	9,592	10,554
Other [Member] | Business Segment [Member]
Segment information line items [Line Items]
Revenues	926	503
Operating income (loss)	(648)	(546)
Capital Expenditures	2	14
Depreciation and Amortization	171	204
Assets	9,837	12,167
General Corporate [Member] | Business Segment [Member]
Segment information line items [Line Items]
Operating income (loss)	(2,630)	(2,137)
Capital Expenditures	456	106
Depreciation and Amortization	273	186
Assets	$ 50,337	$ 36,140

RESTRICTED STOCK ISSUANCE (Deta

RESTRICTED STOCK ISSUANCE (Details Textual) - USD ($)	1 Months Ended	3 Months Ended
	Jul. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
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		$ 240,024
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount		$ 120,012	$ 120,012
Restricted Stock [Member]
Restricted Assets Disclosure [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	2 years

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual) - Subsequent Event [Member] $ in Millions	Jan. 13, 2016USD ($)ft²
Subsequent Event [Line Items]
Business Combination, Consideration Transferred | $	$ 10
Area of Land | ft²	14,000
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Finite-Lived Intangible Assets, Remaining Amortization Period	25 years