Commitments and Contingencies

9 Months Ended

Sep. 30, 2012

Commitments and Contingencies [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 7—COMMITMENTS AND CONTINGENCIES

Contingencies

The Company, in the normal course of business, is involved in routine litigation and legal proceedings, such as personal injury claims, employment matters, contractual disputes and claims alleging Americans with Disabilities Act violations. Currently, there is no pending litigation or proceedings that the Company believes will have a material adverse effect, either individually or in the aggregate, on its business or its financial position, results of operations or cash flow.

On September 28, 2012, the Company entered into a definitive purchase agreement to acquire all of the membership units of Rave Reviews Cinemas, L.L.C. (“Rave”) (see Note 11 – Theatre Acquisitions). The Company expects the transaction to close during the fourth quarter of 2012. Upon closing, the Company expects to pay approximately $1.2 million for certain acquisition-related expenses.