VARIABLE INTEREST ENTITIES (Tables)

3 Months Ended

Dec. 31, 2016

Variable Interest Entities [Abstract]

Schedule of Variable Interest Entities [Table Text Block]

Following are the required disclosures associated with the Company’s consolidated VIEs:

	December 31, 2016		October 1, 2016
	(in thousands)
Cash and cash equivalents	$	511	$	889
Accounts receivable		476		429
Inventories		18		23
Prepaid expenses and other current assets		226		228
Due from Ark Restaurants Corp. and affiliates (1)		38		-
Fixed assets - net		18		22
Other assets		71		71
Total assets	$	1,358	$	1,662
Accounts payable - trade	$	55	$	114
Accrued expenses and other current liabilities		299		238
Due to Ark Restaurants Corp. and affiliates (1)		-		173
Operating lease deferred credit		67		73
Total liabilities		421		598
Equity of variable interest entities		937		1,064
Total liabilities and equity	$	1,358	$	1,662

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