Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v2.4.1.9
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2014
Rent Expense of Lease

Theatre rent expense was as follows:

 

     Year Ended December 31,  
     2012      2013      2014  

Fixed rent expense

   $ 205,770       $ 224,056       $ 237,891   

Contingent rent and other facility lease expenses

     75,845         83,795         79,205   
  

 

 

    

 

 

    

 

 

 

Total facility lease expense

   $ 281,615       $ 307,851       $ 317,096   
  

 

 

    

 

 

    

 

 

 
Estimated Future Minimum Lease Payments (Net of Noncancelable Sublease Rentals) Under Operating and Capital Leases

Future minimum lease payments under noncancelable operating and capital leases that have initial or remaining terms in excess of one year at December 31, 2014 are due as follows:

 

     Operating
Leases
     Capital
Leases
 

2015

   $ 256,206       $ 33,227   

2016

     248,369         33,185   

2017

     225,900         31,580   

2018

     195,930         31,923   

2019

     162,816         31,542   

Thereafter

     725,046         158,071   
  

 

 

    

 

 

 

Total

   $ 1,814,267         319,528   
  

 

 

    

Amounts representing interest payments

        (101,056
     

 

 

 

Present value of future minimum payments

        218,472   

Current portion of capital lease obligations

        (16,494
     

 

 

 

Capital lease obligations, less current portion

      $ 201,978