Non-controlling Interests

12 Months Ended

Dec. 31, 2019

Non-controlling Interests [Abstract]

Non-controlling Interests

NOTE 13 – NON-CONTROLLING INTERESTS

As of December 31, 2019, the non-controlling interests in our consolidated subsidiaries are comprised of the following:

· Australia Country Cinemas Pty Ltd. -- 25% non-controlling interest owned by Panorama Group International Pty.;

· Shadow View Land and Farming, LLC -- 50% non-controlling membership interest owned by either the estate of Mr. James J. Cotter, Sr. (the “Cotter Estate”) or the James J. Cotter Sr. Living Trust (the “Cotter Trust”); and,

· Sutton Hill Properties, LLC -- 25% non-controlling interest owned by Sutton Hill Capital, LLC (which in turn is 50% owned by the Cotter Estate and/or the Cotter Trust).

The components of non-controlling interest are as follows:

	December 31,
(Dollars in thousands)	2019		2018
Australian Country Cinemas, Pty Ltd	$	119	$	89
Shadow View Land and Farming, LLC		2,145		2,153
Sutton Hill Properties, LLC		2,003		2,095
Non-controlling interests in consolidated subsidiaries	$	4,267	$	4,337

The components of income/(loss) attributable to non-controlling interests are as follows:

(Dollars in thousands)	2019		2018		2017
Australian Country Cinemas, Pty Ltd	$	117	$	157	$	164
Shadow View Land and Farming, LLC		(99)		(56)		(45)
Sutton Hill Properties, LLC		(92)		31		(108)
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$	(74)	$	132	$	11

Shadow View Land and Farming, LLC

Our Coachella Valley land is held in Shadow View Land and Farming, LLC, in which the Cotter Estate or the Cotter Trust now owns a 50% interest.  We are the managing member of Shadow View Land and Farming, LLC. We consolidate the Cotter Estate’s and/or the Cotter Trust’s interest in the property and its expenses with that of our interest and show their interest as a non-controlling interest.