VARIABLE INTEREST ENTITIES (Tables)

3 Months Ended

Mar. 30, 2013

Schedule of Variable Interest Entities [Table Text Block]

The assets and liabilities associated with the Company’s consolidation of VIEs are as follows:

	March 30, 2013		September 29, 2012
	(in thousands)
Cash and cash equivalents	$	309	$	714
Accounts receivable		212		1,776
Inventories		11		28
Prepaid income taxes		164		235
Prepaid expenses and other current assets		7		13
Due from Ark Restaurants Corp. and affiliates (1)		427		288
Fixed assets, net		133		3,189
Other long-term assets		71		71
Total assets	$	1,334	$	6,314
Accounts payable	$	57	$	153
Accrued expenses and other liabilities		886		1,950
Total liabilities		943		2,103
Equity of variable interest entities		391		4,211
Total liabilities and equity	$	1,334	$	6,314

(1) Amounts Due from Ark Restaurants Corp. and affiliates are eliminated upon consolidation.