Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.8.0.1
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]  
Rent Expense of Lease

Theatre rent expense was as follows:

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2016

 

 

2017

 

Fixed rent expense

 

$

240,057

 

 

$

242,927

 

 

$

247,908

 

Contingent rent and other facility lease expenses

 

 

79,704

 

 

 

78,367

 

 

 

80,289

 

Total facility lease expense

 

$

319,761

 

 

$

321,294

 

 

$

328,197

 

 

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, 2017 are due as follows:

 

 

 

Operating

 

 

Capital

 

 

 

Leases

 

 

Leases

 

2018

 

$

253,835

 

 

$

42,832

 

2019

 

 

233,606

 

 

 

42,363

 

2020

 

 

215,265

 

 

 

41,543

 

2021

 

 

197,779

 

 

 

34,584

 

2022

 

 

171,486

 

 

 

32,383

 

Thereafter

 

 

675,567

 

 

 

182,027

 

Total

 

$

1,747,538

 

 

 

375,732

 

Amounts representing interest payments

 

 

 

 

 

 

(99,070

)

Present value of future minimum payments

 

 

 

 

 

 

276,662

 

Current portion of capital lease obligations

 

 

 

 

 

 

(25,511

)

Capital lease obligations, less current portion

 

 

 

 

 

$

251,151

 

 

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, 2017 are due as follows:

 

 

 

Operating

 

 

Capital

 

 

 

Leases

 

 

Leases

 

2018

 

$

253,835

 

 

$

42,832

 

2019

 

 

233,606

 

 

 

42,363

 

2020

 

 

215,265

 

 

 

41,543

 

2021

 

 

197,779

 

 

 

34,584

 

2022

 

 

171,486

 

 

 

32,383

 

Thereafter

 

 

675,567

 

 

 

182,027

 

Total

 

$

1,747,538

 

 

 

375,732

 

Amounts representing interest payments

 

 

 

 

 

 

(99,070

)

Present value of future minimum payments

 

 

 

 

 

 

276,662

 

Current portion of capital lease obligations

 

 

 

 

 

 

(25,511

)

Capital lease obligations, less current portion

 

 

 

 

 

$

251,151