Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.6.0.2
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2016
Rent Expense of Lease

Theatre rent expense was as follows:

 

     Year Ended December 31,  
     2014      2015      2016  

Fixed rent expense

   $ 237,891      $ 240,057      $ 242,927  

Contingent rent and other facility lease expenses

     79,205        79,704        78,367  
  

 

 

    

 

 

    

 

 

 

Total facility lease expense

   $ 317,096      $ 319,761      $ 321,294  
  

 

 

    

 

 

    

 

 

 
Estimated Future Minimum Lease Payments (Net of Noncancelable Sublease Rentals) Under 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, 2016 are due as follows:

 

     Operating
Leases
     Capital
Leases
 

2017

   $ 253,824      $ 38,375  

2018

     231,489        39,104  

2019

     204,231        38,519  

2020

     185,508        37,647  

2021

     163,938        30,636  

Thereafter

     641,069        169,425  
  

 

 

    

 

 

 

Total

   $ 1,680,059        353,706  
  

 

 

    

Amounts representing interest payments

        (98,286
     

 

 

 

Present value of future minimum payments

        255,420  

Current portion of capital lease obligations

        (21,139
     

 

 

 

Capital lease obligations, less current portion

      $ 234,281  
     

 

 

 
Estimated Future Minimum Lease Payments (Net of Noncancelable Sublease Rentals) Under Operating 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, 2016 are due as follows:

 

     Operating
Leases
     Capital
Leases
 

2017

   $ 253,824      $ 38,375  

2018

     231,489        39,104  

2019

     204,231        38,519  

2020

     185,508        37,647  

2021

     163,938        30,636  

Thereafter

     641,069        169,425  
  

 

 

    

 

 

 

Total

   $ 1,680,059        353,706  
  

 

 

    

Amounts representing interest payments

        (98,286
     

 

 

 

Present value of future minimum payments

        255,420  

Current portion of capital lease obligations

        (21,139
     

 

 

 

Capital lease obligations, less current portion

      $ 234,281