Impairment of Long-Lived Assets
|3 Months Ended|
Mar. 31, 2021
|Impairment Or Disposal Of Tangible Assets Disclosure [Abstract]|
|Impairment of Long-Lived Assets||
The Company performed a qualitative impairment analysis on its long-lived assets as of March 31, 2021. The Company’s qualitative analysis considered economic and market conditions, industry trading multiples and the impact of recent industry developments and events on the estimated fair values as determined during its most recent quantitative assessments as of December 31, 2020. The Company’s consideration of economic and market conditions included the status of the COVID-10 pandemic and its impact on the Company’s anticipated recovery as well as future film release schedules. As a result of the qualitative assessment, no impairment of long-lived assets was recorded during the three months ended March 31, 2021.
The following table is a summary of the impairment recorded as a result of the evaluations performed during the periods presented:
The entire disclosure for the details of the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. Disclosure may also include a description of the impaired asset and facts and circumstances leading to the impairment, amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired asset is reported.
No definition available.