5. Additional Balance Sheet Information

	December 29, 2016		December 31, 2015
	(in thousands)
Trade receivables, net of allowances of $204 and $259, respectively	$	6,349	$	5,898
Other receivables		8,412		7,468
	$	14,761	$	13,366

The composition of property and equipment, which is stated at cost, is as follows:

	December 29, 2016		December 31, 2015
	(in thousands)
Land and improvements	$	134,306	$	104,379
Buildings and improvements		699,828		618,004
Leasehold improvements		80,522		78,855
Furniture, fixtures and equipment		312,334		285,578
Construction in progress		19,698		10,363
		1,246,688		1,097,179
Less accumulated depreciation and amortization		457,490		426,477
	$	789,198	$	670,702

The composition of other assets is as follows:

	December 29, 2016		December 31, 2015
	(in thousands)
Favorable lease right	$	9,486	$	9,820
Split dollar life insurance policies		10,131		13,584
Other assets		16,477		13,822
	$	36,094	$	37,226

The Company’s $13,353,000 favorable lease right is being amortized over the expected term of the underlying lease of 40 years and is expected to result in amortization of $334,000 in each of the five succeeding fiscal years. Accumulated amortization of the favorable lease right was $3,867,000 and $3,533,000 as of December 29, 2016 and December 31, 2015, respectively.

Included in other assets as of December 29, 2016 is approximately $2,468,000 of intangible assets related to the Wehrenberg theatre acquisition (see Note 3), recorded based on the preliminary estimated fair value as of the acquisition date. The intangible assets include an acquired loyalty program and customer list and an acquired trademark, each of which will be amortized over their estimated useful lives.