Fat Brands, Inc - 10-Q filing on 2020-05-29

Preferred Stock (Details Narrative)							3 Months Ended
Preferred Stock (Details Narrative)	Oct. 04, 2019 USD ($) PerUnit $ / shares shares	Oct. 03, 2019 USD ($) PerUnit $ / shares shares	Jul. 03, 2018 $ / shares shares	Jun. 27, 2018 USD ($) $ / shares shares	Jun. 08, 2018 $ / shares shares	Jun. 07, 2018 USD ($) $ / shares shares	Mar. 29, 2020 USD ($) $ / shares shares	Mar. 31, 2019 USD ($)	Oct. 20, 2017 USD ($)
Preferred stock, shares outstanding \| shares							57,140
Interest expense							$ 452,000	$ 431,000
Fog Cutter Capital Group Inc [Member]
Amount of related party debt				$ 950,000
Related party debt prior to conversion				10,222,000
Subscription Agreement [Member]
Number of stock sold value						$ 10,000
Sale of units in transactions \| shares						800
Issuance of public offering						$ 8,000,000
Subscription Agreement [Member] \| Warrant [Member]
Number of shares eligible for warrants \| shares						102,125
Subscription Agreement [Member] \| Series A Warrants [Member]
Warrants price per share \| $ / shares						$ 7.83
Number of shares eligible for warrants \| shares						127
Note Exchange Agreement [Member]
Debt face amount									$ 30,000,000
Converted to preferred stock				$ 2,000,000
Number of shares converted \| shares				200
Note Exchange Agreement [Member] \| Fog Cutter Capital Group Inc [Member]
Amount of related party debt				$ 9,272,053
Note Exchange Agreement [Member] \| Warrant [Member]
Warrants price per share \| $ / shares				$ 7.83
Number of shares eligible for warrants \| shares				25,530
Series B Preferred Stock [Member]
Comprised of one share percentage	8.25%	8.25%
Liquidation preference shares \| $ / shares							$ 25.00
Preferred stock, carrying value							$ 1,090,000
Debt discount							15,000
Unamortized debt offering costs							$ 324,000
Effective interest rate							17.70%
Series B Preferred Stock [Member] \| First Anniversary and on Prior to the Second Anniversary [Member]
Redemption price per share \| $ / shares							$ 27.50
Accrued and unpaid dividends redemption price per share \| $ / shares							22.00
Series B Preferred Stock [Member] \| Second Anniversary and on Prior to the Third Anniversary [Member]
Redemption price per share \| $ / shares							26.125
Accrued and unpaid dividends redemption price per share \| $ / shares							22.50
Series B Preferred Stock [Member] \| After the Third Anniversary [Member]
Redemption price per share \| $ / shares							25.00
Series B Preferred Stock [Member] \| After the Third Anniversary and On Prior to the Fourth Anniversary [Member]
Accrued and unpaid dividends redemption price per share \| $ / shares							23.00
Series B Preferred Stock [Member] \| After the Fourth Anniversary [Member]
Accrued and unpaid dividends redemption price per share \| $ / shares							$ 25.00
Series B Warrant [Member]
Warrants to purchase common stock per unit \| PerUnit	0.60	0.60
Warrants price per share \| $ / shares	$ 8.50	$ 8.50
Exercisable period	5 years	5 years
Series A Preferred Stock [Member]
Liquidation preference shares \| $ / shares					$ 100.00
Redemption price per share \| $ / shares					$ 100.00
Preferred stock, shares outstanding \| shares							100,000
Preferred stock, carrying value							$ 9,919,000
Debt discount							71,000
Unamortized debt offering costs							10,000
Interest expense							355,000	354,000
Accretion expense							6,000	5,000
Amortization of debt offering costs							$ 1,000	$ 1,000
Effective interest rate							14.30%	14.20%
Number of shares designated \| shares					100,000
Cash dividend rate					9.90%
Deferred dividend rate					4.00%
Series A Preferred Stock [Member] \| Subscription Agreement [Member]
Number of shares issued \| shares						80,000
Series A Preferred Stock [Member] \| On Or Prior to June 30, 2021 [Member]
Redemption price per share \| $ / shares							$ 115.00
Series A Preferred Stock [Member] \| After June 30, 2021 and On Or Prior to June 30, 2022 [Member]
Redemption price per share \| $ / shares							110.00
Series A Preferred Stock [Member] \| After June 30, 2022 [Member]
Redemption price per share \| $ / shares							100.00
Series A Fixed Rate Cumulative Preferred Stock [Member] \| Subscription Agreement [Member]
Number of shares designated \| shares						100
Series A Fixed Rate Cumulative Preferred Stock [Member] \| Note Exchange Agreement [Member]
Number of shares converted \| shares				20,000
Conversion price per share \| $ / shares				$ 100
Exchange Shares [Member] \| Note Exchange Agreement [Member] \| Common Stock [Member]
Amount of related party debt				$ 7,272,053
Number of shares converted \| shares				1,010,420
Conversion price per share \| $ / shares				$ 7.20
Series A-1 Preferred Stock [Member]
Liquidation preference shares \| $ / shares			$ 100.00
Redemption price per share \| $ / shares							100.00
Accrued and unpaid dividends redemption price per share \| $ / shares							$ 100.00
Preferred stock, shares outstanding \| shares							45,000
Preferred stock, carrying value							$ 4,415,000
Debt discount							62,000
Unamortized debt offering costs							23,000
Interest expense							50,000	$ 77,000
Accretion expense							19,000	8,000
Amortization of debt offering costs							$ 2,000	$ 2,000
Effective interest rate							4.60%	6.90%
Number of shares designated \| shares			200,000
Cash dividend rate			6.00%
Preferred stock, shares issued \| shares							45,000
Share price \| $ / shares							$ 11.75
Maximum [Member]
Sale of units in transactions \| shares							1,200,000
Number of warrants exercisable to purchase common shares offered in the Series B Preferred offering \| shares							720,000
Annual cumulative dividend per share \| $ / shares							$ 2.0625
Equivalent preferred stock percentage							8.25%
Interest expense							$ 48,000
Accretion expense							1,000
Amortization of debt offering costs							$ 19,000
Series B Preferred Offering [Member] \| Series B Unit [Member]
Price per unit \| $ / shares	$ 25.00	$ 25.00
Sale of units in transactions \| shares	43,080	43,080
Series B Preferred Offering [Member] \| Maximum [Member] \| Series B Unit [Member]
Number of stock sold value	$ 30,000,000	$ 30,000,000