Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.3.1.900
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2015
Rent Expense of Lease

Theatre rent expense was as follows:

 

     Year Ended December 31,  
     2013      2014      2015  

Fixed rent expense

   $ 224,056       $ 237,891       $ 240,057   

Contingent rent and other facility lease expenses

     83,795         79,205         79,704   
  

 

 

    

 

 

    

 

 

 

Total facility lease expense

   $ 307,851       $ 317,096       $ 319,761   
  

 

 

    

 

 

    

 

 

 
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, 2015 are due as follows:

 

     Operating
Leases
     Capital
Leases
 

2016

   $ 248,498       $ 35,156   

2017

     236,630         33,640   

2018

     210,089         34,050   

2019

     181,967         33,394   

2020

     161,279         32,441   

Thereafter

     661,398         155,164   
  

 

 

    

 

 

 

Total

   $ 1,699,861         323,845   
  

 

 

    

Amounts representing interest payments

        (96,113
     

 

 

 

Present value of future minimum payments

        227,732   

Current portion of capital lease obligations

        (18,780
     

 

 

 

Capital lease obligations, less current portion

      $ 208,952