Quarterly report pursuant to Section 13 or 15(d)

Other Investments (Tables)

v3.7.0.1
Other Investments (Tables)
6 Months Ended
Jun. 30, 2017
Summary of Activity for Each of Company's Other Investments

Below is a summary of activity for each of the Company’s other investments for the six months ended June 30, 2017:

 

 

 

DCIP

 

 

AC JV,

LLC

 

 

DCDC

 

 

Other

 

 

Total

 

Balance at January 1, 2017

 

$

87,819

 

 

$

5,980

 

 

$

2,750

 

 

$

1,768

 

 

$

98,317

 

Cash contributions

 

 

466

 

 

 

 

 

 

 

 

 

 

 

 

466

 

Cash distributions

 

 

(5,212

)

 

 

 

 

 

 

 

 

 

 

 

(5,212

)

Equity in income

 

 

10,763

 

 

 

1,238

 

 

 

799

 

 

 

 

 

 

12,800

 

Equity in other comprehensive income

 

 

103

 

 

 

 

 

 

 

 

 

 

 

 

103

 

Other

 

 

 

 

 

 

 

 

 

 

 

(129

)

 

 

(129

)

Balance at June 30, 2017

 

$

93,939

 

 

$

7,218

 

 

$

3,549

 

 

$

1,639

 

 

$

106,345

 

 

Digital Cinema Implementation Partners  
Summary Financial Information

Below is summary financial information for DCIP for the three and six months ended June 30, 2017 and 2016.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2017

 

 

June 30, 2016

 

 

June 30, 2017

 

 

June 30, 2016

 

Gross revenues

 

$

47,095

 

 

$

44,757

 

 

$

92,574

 

 

$

85,401

 

Operating income

 

$

29,393

 

 

$

27,788

 

 

$

57,872

 

 

$

51,189

 

Net income

 

$

25,616

 

 

$

22,276

 

 

$

49,757

 

 

$

40,778

 

 

Transactions with DCIP

The Company had the following transactions, reflected in utilities and other costs on the condensed consolidated income statement, with DCIP during the three and six months ended June 30, 2017 and 2016:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Equipment lease payments

 

$

1,511

 

 

$

1,406

 

 

$

2,881

 

 

$

2,531

 

Warranty reimbursements from DCIP

 

$

(2,023

)

 

$

(1,435

)

 

$

(3,907

)

 

$

(2,759

)

Management service fees

 

$

206

 

 

$

206

 

 

$

412

 

 

$

412