(15) ASSET IMPAIRMENT AND ESTIMATED LEASE TERMINATION AND OTHER CLOSING COSTS

12 Months Ended

Dec. 29, 2013

Asset Impairment And Estimated Lease Terminations And Other Closing Costs [Abstract]

Asset Impairment And Estimated Lease Terminations And Other Closing Costs Disclosure [Text Block]

(15)       ASSET IMPAIRMENT AND ESTIMATED LEASE TERMINATION AND OTHER CLOSING COSTS

Restaurant sites that are operating, but have been previously impaired, are reported at the lower of their carrying amount or fair value less estimated costs to sell. The following is a summary of impairment for fiscal 2013, fiscal 2012, and fiscal 2011.

2013 Asset Impairment and Estimated Lease Termination and Other Closing Costs (in thousands):
Restaurants		Reason		Amount
Salisbury, MD		Asset impairment(1)	$	943
Oakton, VA		Lease termination fee(2)		200
Gaithersburg, MD		Costs for closed restaurants(3)		38
	Total for 2013		$	1,181
(1)Based on the Company's assessment of expected cash flows, an asset impairment charge was recorded for this restaurant. The remaining asset balance can be transferred to other restaurants.
(2)Lease costs associated with terminating, and then entering into a new lease for this restaurant.
(3)The Company incurred various costs for this restaurant which closed at the end of its natural lease term.

2012 Asset Impairment and Estimated Lease Termination and Other Closing Costs (in thousands):
Restaurants		Reason		Amount
Various		Costs for closed restaurants(1)	$	289
Vernon Hills, IL		Lease reserve(2)		77
Various		Other		4
	Total for 2012		$	370
(1)The Company incurred various costs for closed restaurants primarily related to its Tulsa, OK, Vernon Hills, IL, and Yorktown, IL restaurants which closed in 2012.
(2)The lease reserve equals the net present value of the remaining lease obligations for the Vernon Hills, IL restaurant, net of expected sublease income, equal to zero.

2011 Asset Impairment and Estimated Lease Termination and Other Closing Costs (in thousands):
Restaurant		Reason		Amount
Various		Costs for closed restaurants(1)	$	17
Gaithersburg, MD		Asset impairment(2)		148
Calhoun, MN		Asset impairment(3)		144
Tulsa, OK		Asset impairment(4)		198
Various		Other		6
	Total for 2011		$	513
(1)The Company incurred various costs for previously closed restaurants, net of a recapture of accrued expenses for approximately $30,000, in Palatine, IL and Carpentersville, IL.
(2)Based on the Company’s assessment of expected cash flows, an asset impairment charge was recorded for this restaurant which, we relocated to Germantown, MD in the third quarter of 2013.
(3)Based on the Company’s assessment of expected cash flows for this restaurant over the remainder of its respective lease term, an asset impairment charge was recorded.
(4)In fiscal 2011, the Company entered into a purchase agreement for the sale of its Tulsa, OK restaurant for approximately $1.2 million. These assets had a net book value of approximately $1.4 million and were accounted for as held for sale and an impairment charge was recorded since the net book value of the assets exceeded the sale price. On March 2, 2012, these assets were sold.

Below reflects the change in our reserve for lease termination costs for fiscal 2013 and 2012:

(in thousands)		Balance at Beginning of Period	Additions Charged to Costs and Expenses	Deductions Credits to Costs and Expenses and Other Accounts		Balance at End of Period
Year ended December 30, 2012
Reserve for lease termination costs	$	0.0	85.7	(85.7)	$	0.0
Year ended December 29, 2013
Reserve for lease termination costs	$	0.0	0.0	0.0	$	0.0

These amounts were recorded in other current liabilities or other liabilities depending on when we expected the amounts to be paid.