Quarterly report pursuant to Section 13 or 15(d)

Other Investments (Tables)

v3.19.3
Other Investments (Tables)
9 Months Ended
Sep. 30, 2019
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 nine months ended September 30, 2019:

 

 

 

DCIP

 

AC JV,

LLC

 

DCDC

 

FE Concepts

 

Other

 

Total

 

Balance at January 1, 2019

 

$

125,252

 

$

5,266

 

$

2,255

 

$

19,918

 

$

4,075

 

$

156,766

 

Cash distributions received

 

 

(7,912

)

 

(1,800

)

 

 

 

 

 

 

 

(9,712

)

Equity in income

 

 

17,024

 

 

2,185

 

 

777

 

 

(66

)

 

 

 

19,920

 

Equity in other comprehensive loss

 

 

(142

)

 

 

 

 

 

 

 

 

 

(142

)

Other

 

 

 

 

 

 

 

 

 

 

(799

)

 

(799

)

Balance at September 30, 2019

 

$

134,222

 

$

5,651

 

$

3,032

 

$

19,852

 

$

3,276

 

$

166,033

 

Digital Cinema Implementation Partners  
Summary Financial Information

Below is summary financial information for DCIP for the periods indicated:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2019

 

 

September 30, 2018

 

 

September 30, 2019

 

 

September 30, 2018

 

Gross revenues

 

$

40,200

 

 

$

43,403

 

 

$

125,869

 

 

$

126,957

 

Operating income

 

$

22,617

 

 

$

25,816

 

 

$

73,396

 

 

$

74,310

 

Net income

 

$

22,362

 

 

$

24,311

 

 

$

69,323

 

 

$

68,014

 

 

 

 

As of

 

 

 

September 30, 2019

 

 

December 31, 2018

 

Current assets

 

$

64,019

 

 

$

57,907

 

Noncurrent assets

 

$

603,209

 

 

$

684,545

 

Current liabilities

 

$

66,942

 

 

$

67,408

 

Noncurrent liabilities

 

$

11,985

 

 

$

125,596

 

Members' equity

 

$

588,301

 

 

$

549,448

 

Transactions with DCIP The Company had the following transactions with DCIP, reflected in utilities and other costs on the condensed consolidated statements of income, during the three and nine months ended September 30, 2019 and 2018:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2019

 

 

September 30, 2018

 

 

September 30, 2019

 

 

September 30, 2018

 

Equipment lease payments

 

$

1,105

 

 

$

1,229

 

 

$

3,357

 

 

$

3,689

 

Warranty reimbursements from DCIP

 

$

(2,953

)

 

$

(2,791

)

 

$

(8,842

)

 

$

(7,909

)

Management service fees

 

$

128

 

 

$

180

 

 

$

438

 

 

$

558