Description Of Business And Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

Description Of Business And Segment Reporting [Abstract]

Summary Of Results Of Operations For Principal Business Segments

	2023						2022						2021
(Dollars in thousands)	Cinema		Real ‎Estate		Total		Cinema		Real ‎Estate		Total		Cinema		Real ‎Estate		Total
Revenue - third party	$	207,641	$	15,103	$	222,744	$	191,321	$	11,794	$	203,115	$	126,812	$	12,248	$	139,060
Inter-segment revenue (1)		—		4,767		4,767		—		5,023		5,023		—		515		515
Total segment revenue		207,641		19,870		227,511		191,321		16,817		208,138		126,812		12,763		139,575
Operating expense
Operating Expense - Third Party		(187,418)		(8,763)		(196,181)		(178,768)		(8,947)		(187,715)		(122,901)		(10,106)		(133,007)
Inter-Segment Operating Expenses (1)		(4,767)		—		(4,767)		(5,023)		—		(5,023)		(515)		—		(515)
Total of services and products (excluding depreciation and amortization)		(192,185)		(8,763)		(200,948)		(183,791)		(8,947)		(192,738)		(123,416)		(10,106)		(133,522)
Depreciation and amortization		(11,335)		(6,376)		(17,711)		(13,351)		(6,495)		(19,846)		(14,422)		(7,092)		(21,514)
Impairment of long-lived assets		—		—		—		(1,549)		—		(1,549)		—		—		—
General and administrative expense		(3,997)		(940)		(4,937)		(4,346)		(869)		(5,215)		(7,611)		(920)		(8,531)
Total operating expense		(207,517)		(16,079)		(223,596)		(203,037)		(16,311)		(219,348)		(145,449)		(18,118)		(163,567)
Segment operating income (loss)	$	124	$	3,791	$	3,915	$	(11,716)	$	506	$	(11,210)	$	(18,637)	$	(5,355)	$	(23,992)

(1)Inter-segment Revenues and Operating Expense relates to the internal charge between the two segments where the cinema operates within real estate owned within the group.

Reconciliation To Net Income Attributable To Common Shareholders

(Dollars in thousands)	2023		2022		2021
Segment operating income (loss)	$	3,915	$	(11,210)	$	(23,992)
Unallocated corporate expense:
Depreciation and amortization expense		(711)		(1,072)		(1,232)
General and administrative expense		(15,235)		(16,201)		(16,569)
Interest expense, net		(19,418)		(14,392)		(13,688)
Equity earnings (loss) of unconsolidated joint ventures		456		271		258
Gain (loss) on sale of assets		562		(54)		92,219
Other (expense) income		(164)		6,817		3,762
Income (loss) before income taxes	$	(30,595)	$	(35,841)	$	40,758

Summary Of Assets

	December 31,
(Dollars in thousands)	2023		2022
By segment:
Cinema	$	230,337	$	267,874
Real estate		236,213		247,247
Corporate (1)		66,501		71,934
Total assets	$	533,051	$	587,055
By country:
United States	$	291,581	$	337,595
Australia		193,899		200,220
New Zealand		47,571		49,240
Total assets	$	533,051	$	587,055

(1)Corporate Assets includes cash and cash equivalents of $12.9 million and $29.9 million as of December 31, 2023 and 2022, respectively.

Schedule Of Operating Property By Country

	December 31,
(Dollars in thousands)	2023		2022
United States	$	153,545	$	171,756
Australia		90,221		95,467
New Zealand		18,651		19,729
Total operating property	$	262,417	$	286,952

Summary Of Capital Expenditures

(Dollars in thousands)	2023		2022		2021
Segment capital expenditures	$	4,711	$	9,780	$	14,428
Corporate capital expenditures		—		—		—
Total capital expenditures	$	4,711	$	9,780	$	14,428