XML 76 R42.htm IDEA: XBRL DOCUMENT v3.24.1
Pension And Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2023
Pension And Other Liabilities [Abstract]  
Summary Of Other Liabilities Including Pension

December 31,

(Dollars in thousands)

2023

2022

Current liabilities

Lease liability(2)

5,900

Accrued pension(1)

684

684

Security deposit payable

74

68

Finance lease liabilities

40

28

Other

33

33

Other current liabilities

$

6,731

$

813

Other liabilities

Accrued pension(1)

2,646

3,138

Lease make-good provision

6,050

6,131

Deferred rent liability

1,314

2,484

Environmental reserve

1,656

1,656

Lease liability(2)

5,900

Acquired leases

2

11

Finance lease liabilities

43

Other non-current liabilities

$

11,711

$

19,320

(1)Represents the pension liability associated with the Supplemental Executive Retirement Plan explained below.

(2)Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See Note 20 – Related Parties for more information.

Schedule Of Change In Pension Benefit Obligation And Funded Status

December 31,

(Dollars in thousands)

2023

2022

Benefit obligation at January 1

$

3,822

$

4,289

Service cost

Interest cost

191

216

Payments made

(683)

(683)

Benefit obligation at December 31

$

3,330

$

3,822

Unfunded status at December 31

$

(3,330)

$

(3,822)

Schedule Of Pension Benefit Obligation Recognized In Balance Sheets

December 31,

(Dollars in thousands)

2023

2022

Current liabilities

$

519

$

684

Other liabilities - Non current

2,811

3,138

Total pension liability

$

3,330

$

3,822

Schedule Of The Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income

December 31,

(Dollars in thousands)

2023

2022

Net periodic benefit cost

Interest cost

$

191

$

216

Amortization of prior service costs

Amortization of net actuarial gain

153

147

Net periodic benefit cost

$

344

$

363

Items recognized in other comprehensive income

Net loss

$

$

Amortization of net loss

(153)

(147)

Total recognized in other comprehensive income

$

(153)

$

(147)

Total recognized in net periodic benefit cost and other comprehensive income

$

191

$

216

Schedule Of Items Not Recognized As A Component Of Net Periodic Pension Cost

December 31,

(Dollars in thousands)

2023

2022

Unamortized actuarial loss

$

1,669

$

1,822

Accumulated other comprehensive income

$

1,669

$

1,822

Schedule Of Expected Benefit Payments

(Dollars in thousands)

Estimated
Future
Pension
Payments

2024

$

519

2025

547

2026

576

2027

607

2028

638

Thereafter

443

Total pension payments

$

3,330

Schedule Of Reconciliation Of The Lease Make-Good Provision

(Dollars in thousands)

As of and for

the year ended

December 31,

2023

As of and for

the year ended

December 31,

2022

Lease make-good provision, at January 1

$

6,131

$

7,766

Liabilities incurred during the year

45

Liabilities settled during the year

(408)

(67)

Liabilities remeasured during the year

(24)

(1,567)

Accretion expense

292

293

Effect of changes in foreign currency

14

(294)

Lease make-good provision, at December 31

$

6,050

$

6,131