Reading International (RDI) 10-Q 15 May 23 2023 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 14, 2023
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	1-8625
Amendment Flag	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Entity Registrant Name	READING INTERNATIONAL, INC.
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	95-3885184
Entity Address, Address Line One	189 Second Avenue, Suite 2S
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10003
City Area Code	213
Local Phone Number	235-2240
Entity Central Index Key	0000716634
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Class A [Member]
Title of 12(b) Security	Class A Nonvoting Common Stock, $0.01 par value
Trading Symbol	RDI
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		20,592,834
Class B [Member]
Title of 12(b) Security	Class B Voting Common Stock, $0.01 par value
Trading Symbol	RDIB
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		1,680,590

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 14,628	$ 29,947
Restricted cash	5,749	5,032
Receivables	4,858	6,206
Inventories	1,417	1,616
Derivative financial instruments - current portion	293	907
Prepaid and other current assets	5,905	3,804
Total current assets	32,850	47,512
Operating property, net	281,886	286,952
Operating lease right-of-use assets	193,655	200,417
Investment and development property, net	8,694	8,792
Investment in unconsolidated joint ventures	4,707	4,756
Goodwill	25,272	25,504
Intangible assets, net	2,292	2,391
Deferred tax assets, net	420	447
Other assets	10,422	10,284
Total assets	560,198	587,055
Current Liabilities:
Accounts payable and accrued liabilities	40,418	42,590
Film rent payable	3,944	5,678
Debt – current portion	47,345	37,279
Subordinated debt - current portion	756	747
Taxes payable - current	649	300
Deferred revenue	9,093	10,286
Operating lease liabilities - current portion	24,016	23,971
Other current liabilities	824	813
Total current liabilities	127,045	121,664
Debt – long-term portion	136,473	148,688
Subordinated debt, net	27,005	26,950
Noncurrent tax liabilities	6,797	7,117
Operating lease liabilities - non-current portion	192,787	200,037
Other liabilities	19,119	19,320
Total liabilities	509,226	523,776
Commitments and contingencies (Note 15)
Stockholders' equity:
Nonvoting preferred shares, par value $0.01, 12,000 shares authorized and no issued or outstanding shares at March 31, 2023 and December 31, 2022
Additional paid-in capital	154,095	153,784
Retained earnings/(deficits)	(59,927)	(48,816)
Treasury shares	(40,407)	(40,407)
Accumulated other comprehensive income	(3,250)	(1,957)
Total Reading International, Inc. Stockholders' Equity	50,763	62,856
Noncontrolling Interests	209	423
Total stockholders' equity	50,972	63,279
Total Liabilities and Stockholders’ Equity	560,198	587,055
Class A [Member]
Stockholders' equity:
Common stock	235	235
Class B [Member]
Stockholders' equity:
Common stock	$ 17	$ 17

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	12,000	12,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Class A [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	33,437,260	33,348,295
Common stock, shares outstanding	20,501,150	20,412,185
Class B [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	1,680,590	1,680,590
Common stock, shares outstanding	1,680,590	1,680,590

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues
Total revenues	$ 45,807	$ 40,200
Costs and expenses
Depreciation and amortization	(4,639)	(5,524)
General and administrative	(5,179)	(5,796)
Total costs and expenses	(53,687)	(51,980)
Operating income (loss)	(7,880)	(11,780)
Interest expense, net	(4,117)	(3,205)
Other income (expense)	174	(781)
Income (loss) before income tax expense and equity earnings of unconsolidated joint ventures	(11,823)	(15,766)
Equity earnings of unconsolidated joint ventures	19	(65)
Income (loss) before income taxes	(11,804)	(15,831)
Income tax benefit (expense)	480	378
Net income (loss)	(11,324)	(15,453)
Less: net income (loss) attributable to noncontrolling interests	(213)	(99)
Net income (loss) attributable to Reading International, Inc.	$ (11,111)	$ (15,354)
Basic earnings (loss) per share	$ (0.50)	$ (0.70)
Diluted earnings (loss) per share	$ (0.50)	$ (0.70)
Weighted average number of shares outstanding-basic	22,114,927	21,955,985
Weighted average number of shares outstanding-diluted	22,897,990	22,500,658
Cinema [Member]
Revenues
Total revenues	$ 41,987	$ 37,347
Costs and expenses
Costs and expenses	(41,654)	(38,503)
Real Estate [Member]
Revenues
Total revenues	3,820	2,853
Costs and expenses
Costs and expenses	$ (2,215)	$ (2,157)

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Consolidated Statements Of Comprehensive Income [Abstract]
Net income (loss)	$ (11,324)	$ (15,453)
Foreign currency translation gain (loss)	(763)	2,677
Gain (loss) on cash flow hedges	(582)	800
Other	52	47
Comprehensive income (loss)	(12,617)	(11,929)
Less: net income (loss) attributable to noncontrolling interests	(213)	(99)
Less: comprehensive income (loss) attributable to noncontrolling interests	(1)	1
Comprehensive income (loss)	$ (12,403)	$ (11,831)

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating Activities
Net income (loss)	$ (11,324)	$ (15,453)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity earnings of unconsolidated joint ventures	(19)	65
(Gain) loss recognized on foreign currency transactions		793
Amortization of operating leases	5,523	5,846
Amortization of finance leases	8	12
Change in operating lease liabilities	(5,910)	(5,839)
Change in net deferred tax assets	11	67
Depreciation and amortization	4,639	5,524
Other amortization	400	396
Stock based compensation expense	443	416
Net changes in operating assets and liabilities:
Receivables	1,333	2,024
Prepaid and other assets	(2,142)	(2,093)
Payments for accrued pension	(171)	(171)
Accounts payable and accrued expenses	(1,656)	(397)
Film rent payable	(1,717)	(3,894)
Taxes payable	351	(230)
Deferred revenue and other liabilities	(1,321)	(1,128)
Net cash provided by (used in) operating activities	(11,552)	(14,062)
Investing Activities
Purchases of and additions to operating and investment properties	(1,527)	(1,741)
Contributions to unconsolidated joint ventures		(34)
Net cash provided by (used in) investing activities	(1,527)	(1,775)
Financing Activities
Repayment of borrowings	(1,116)	(1,540)
Repayment of finance lease principal	(8)	(12)
Capitalized borrowing costs	(154)
(Cash paid) proceeds from the settlement of employee share transactions	(131)	(32)
Noncontrolling interest distributions		(22)
Net cash provided by (used in) financing activities	(1,409)	(1,606)
Effect of exchange rate on cash and restricted cash	(114)	687
Net increase (decrease) in cash and cash equivalents and restricted cash	(14,602)	(16,756)
Cash and cash equivalents and restricted cash at the beginning of the period	34,979	88,571
Cash and cash equivalents and restricted cash at the end of the period	20,377	71,815
Cash and cash equivalents and restricted cash consists of:
Cash and cash equivalents	14,628	67,263
Restricted cash	5,749	4,552
Total	20,377	71,815
Supplemental Disclosures
Interest paid	4,374	2,732
Income taxes (refunded) paid	57	399
Non-Cash Transactions
Additions to operating and investing properties through accrued expenses	$ 3,127	$ 2,970

Description Of Business And Seg

Description Of Business And Segment Reporting	3 Months Ended
	Mar. 31, 2023
Description Of Business And Segment Reporting [Abstract]
Description Of Business And Segment Reporting	Note 1 – Description of Business and Segment Reporting Our Company Reading International, Inc., a Nevada corporation (“RDI” and collectively with our consolidated subsidiaries and corporate predecessors, the “Company,” “Reading,” and “we,” “us,” or “our”) was incorporated in 1999. Our businesses, owned and operated through our various subsidiaries, consist primarily of:  the development, ownership, and operation of cinemas in the United States, Australia, and New Zealand; and,  the development, ownership, operation and/or rental of retail, commercial and live venue real estate assets in Australia, New Zealand, and the United States. Business Segments Reported below are the operating segments of our Company for which separate financial information is available and evaluated regularly by the Chief Executive Officer, the chief operating decision-maker of our Company . As part of our real estate activities, we hold undeveloped land in urban and suburban centers in the United States and New Zealand . The table below summarizes the results of operations for each of our business segments for the quarter ended March 31, 2023, and 2022, respectively. Operating expense includes costs associated with the day-to-day operations of the cinemas and the management of rental properties, including our live theatre assets. Three Months Ended March 31, (Dollars in thousands) 2023 2022 Revenue: Cinema exhibition $ 41,987 $ 37,347 Real estate 5,065 4,162 Inter-segment elimination ( 1,245 ) ( 1,309 ) $ 45,807 $ 40,200 Segment operating income (loss): Cinema exhibition $ ( 4,612 ) $ ( 7,216 ) Real estate 1,006 104 $ ( 3,606 ) $ ( 7,112 ) A reconciliation of segment operating income to income before income taxes is as follows: Three Months Ended March 31, (Dollars in thousands) 2023 2022 Segment operating income (loss) $ ( 3,606 ) $ ( 7,112 ) Unallocated corporate expense Depreciation and amortization expense ( 179 ) ( 277 ) General and administrative expense ( 4,095 ) ( 4,391 ) Interest expense, net ( 4,117 ) ( 3,205 ) Equity earnings of unconsolidated joint ventures 19 ( 65 ) Other income (expense) 174 ( 781 ) Income (loss) before income tax expense $ ( 11,804 ) $ ( 15,831 )

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Summary Of Significant Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Basis of Consolidation The accompanying consolidated financial statements include the accounts of our Company’s wholly-owned subsidiaries as well as majority-owned subsidiaries that our Company controls, and should be read in conjunction with our Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2022 (“2022 Form 10-K”). All significant intercompany balances and transactions have been eliminated on consolidation. These consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim reporting with the instructions for Form 10-Q and Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (“SEC”). As such, they do not include all information and footnotes required by U.S. GAAP for complete financial statements. We believe that we have included all normal and recurring adjustments necessary for a fair presentation of the results for the interim period. Operating results for the quarter ended March 31, 2023, are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and footnotes thereto. Significant estimates include (i) projections we make regarding the recoverability and impairment of our assets (including goodwill and intangibles), (ii) valuations of our derivative instruments, (iii) recoverability of our deferred tax assets, (iv) estimation of breakage and redemption experience rates, which drive how we recognize breakage on our gift card and gift certificates, and revenue from our customer loyalty program, and (v) estimation of our Incremental Borrowing Rate (“IBR”) as relates to the valuation of our right-of-use assets and lease liabilities. Actual results may differ from those estimates .

Impact Of COVID-19 Pandemic And

Impact Of COVID-19 Pandemic And Liquidity	3 Months Ended
	Mar. 31, 2023
Impact Of COVID-19 Pandemic And Liquidity [Abstract]
Impact Of COVID-19 Pandemic And Liquidity	Note 3 – Impact of COVID-19 Pandemic and Liquidity Cinema Segment Ongoing Impact While the World Health Organization has declared that the COVID-19 emergency has passed, the legacy of COVID-19 continues to impact the profitability of our cinema operating segment. Attendances are improving, but they have yet to return to pre-Covid-19 levels. We are seeing an increase in the number of films being released to exhibitors, but distributors are charging higher license fees for these films. Accordingly, while our industry is recovering, it has not returned to pre-Covid-19 levels of profitability. Also due to a combination of ongoing supply chain issues, inflation, labor cost increases (resulting from a combination of government mandates and labor shortages), and increases in the cost of insurance, our variable costs of operation have increased. Our fixed costs have also increased. Rent costs are increasing under long ago negotiated fixed rent increases, exacerbated on a cash flow basis by our need to now pay certain rent deferrals due to the periods when our operations were closed or restricted due to the pandemic. As the Fed has increased interest rates, our cost of borrowing has also increased materially. These factors are largely beyond our control. Cost-reduction efforts in our cinema operating segment continue, including, but not limited to, restricting utilities and essential operating expenditures to the minimum levels necessary, reducing employment costs by limiting hours of operation and/or shifts and increasing reliance on automation, and minimizing capital outlays. We continue to work with our landlords to manage our rent obligations. We are prepared to terminate cinema leases where their long-term profitability is in sufficient doubt. Our Real Estate operating segment has been less impacted by the COVID-19 pandemic and is generating near-to-expected cash flows. The principal exception to this has been the post-Covid softness in the New York office market. Going Concern We continue to evaluate the going concern assertion required by ASC 205-40 Going Concern as it relates to our Company. The evaluation of the going concern assertion involves firstly considering whether it is probable that our Company has sufficient resources, as at the issue date of the financial statements, to meet its obligations as they fall due for twelve months following the issue date. Should it be probable that there are not sufficient resources, we must determine whether it is probable that our plans will mitigate the consequential going concern substantial doubt. Our evaluation is informed by current liquidity positions, debt obligations, cash flow estimates, known capital and other expenditure requirements and commitments and our current business plan and strategies. Our Company’s business plan - two businesses (real estate and cinema) in three countries (Australia, New Zealand and the U.S.) - has served us well since the onset of COVID-19 and is key to management’s overall evaluation of ASC 205-40 Going Concern . As at December 31, 2022, in our Form 10-K, we reported that our plans were probable of being implemented and thus they alleviated the substantial doubt about our Company’s ability to continue as a going concern. We have $ 48.1 million of debt maturing in the twelve months from the issue of this Form 10-Q. $ 22.3 million of this debt is due on July 3, 2023. As at March 31, 2023, we have cash of $ 14.6 million and negative working capital of $ 94.2 million . To alleviate doubt that our Company will be able to generate sufficient cash flows for the coming twelve-months, these loans need to be refinanced, our revenues and net income need to improve, and/or funds need to be raised through asset monetization. We believe that it is probable that these outstanding loans with current maturities will be extended on terms acceptable to us. Valley National extended its loan from April 1, 2023 to July 3, 2023 to allow additional time to complete refinancing under a term sheet from Valley National. We believe that we have sufficient time to address our Santander ($ 8.0 million) and our Westpac ($ 8.7 million) facilities, due in the fourth quarter of 2023 and the first quarter of 2024, respectively. We have begun active processes to monetize certain assets, and, based on our successes in 2021, we believe these processes will be successful. We believe that the global cinema industry will continue to recover in 2023 and 2024. This belief underpins our forecasts and cash flow projections. Our forecasts rely upon, among other things, the current industry movie release schedule, which demonstrates an increased number of movies from the major studios and other distributors and an improvement in the quality of the movie titles, and the public’s demonstrable desire to attend movies in a theatrical environment. These named factors are both out of management’s control and are material, individually and in the aggregate, to the realization of management’s forecasts and expectations. In conclusion, as of the date of issuance of these financial statements, based on our evaluation of ASC 205-40 Going Concern and the current conditions and events, considered in the aggregate, and our various plans for enhancing liquidity and the extent to which those plans are progressing, we conclude that our plans are probable of being implemented and that they alleviate the substantial doubt about our Company’s ability to continue as a going concern. Impairment Considerations Our Company considers that the events and factors described above constitute impairment indicators under ASC 360 Property, Plant and Equipment . In 2022, when considered necessary, our Company performed quantitative recoverability tests of the carrying values of all its asset groups. These tests compare the carrying values of all asset groups to the estimated undiscounted future cash flows expected to result from the use of those asset groups. As a result of this testing, we recorded $ 1.5 million of impairment charges against certain cinema asset groups in the second quarter of 2022. The charges related to cinemas whose performance had not improved commensurate with the wider group. No further impairment charges were recorded in the remainder of the year. No impairment charges were recorded in the first quarter of 2023. Actual performance against our forecasts is dependent on several variables and conditions, many of which are subject to the uncertainties associated with COVID-19 and its aftermath, with government policy related to work-place regulation, increasing interest rates, inflationary impacts and with ongoing theatrical release patterns and applicable film rent, and as a result, actual results may materially differ from management’s estimates. Our Company also considers that the events and factors described above continue to constitute impairment indicators under ASC 350 Intangibles – Goodwill and Other . Our Company performed a quantitative goodwill impairment test and determined that our goodwill was not impaired as of December 31, 2022. The test was performed at a reporting unit level by comparing each reporting unit’s carrying value, including goodwill, to its fair value. The fair value of each reporting unit was assessed using a discounted cash flow model based on the budgetary revisions performed by management in response to COVID-19 and the developing market conditions. No additional triggering events were identified in the first quarter of 2023, and therefore no goodwill impairment testing or charges were necessary. Actual performance against our forecasts is dependent on several variables and conditions, many of which are subject to the uncertainties associated with COVID-19 and its aftermath, with government policy related to work-place regulation, increasing interest rates, inflationary impacts and with ongoing theatrical release patterns and applicable film rent and as a result, actual results may materially differ from management’s estimates .

Operations In Foreign Currency

Operations In Foreign Currency	3 Months Ended
	Mar. 31, 2023
Operations In Foreign Currency [Abstract]
Operations In Foreign Currency	Note 4 – Operations in Foreign Currency We have significant assets in Australia and New Zealand. Historically, we have conducted our Australian and New Zealand operations (collectively “foreign operations”) on a self-funding basis, where we use cash flows generated by our foreign operations to pay for the expenses of those foreign operations. However, in recent periods, we have looked to our overseas operations to cover an increasing portion of our domestic general and administrative costs. Our Australian and New Zealand assets and liabilities are translated from their functional currencies of Australian dollar (“AU$”) and New Zealand dollar (“NZ$”), respectively, to the U.S. dollar based on the exchange rate as of March 31, 2023. The carrying value of the assets and liabilities of our foreign operations fluctuates as a result of changes in the exchange rates between the functional currencies of the foreign operations and the U.S. dollar. The translation adjustments are accumulated in the Accumulated Other Comprehensive Income in the Consolidated Balance Sheets. Due to the natural-hedge nature of our funding policy, we have not historically used derivative financial instruments to hedge against the risk of foreign currency exposure. We take a global view of our financial resources and are flexible in making use of resources from one jurisdiction in other jurisdictions. Presented in the table below are the currency exchange rates for Australia and New Zealand: Foreign Currency / USD As of and for the quarter ended As of and for the twelve months ended As of and for the quarter ended March 31, 2023 December 31, 2022 March 31, 2022 Spot Rate Australian Dollar 0.6704 0.6805 0.7499 New Zealand Dollar 0.6271 0.6342 0.6946 Average Rate Australian Dollar 0.6841 0.6946 0.7241 New Zealand Dollar 0.6299 0.6357 0.6763

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 5 – Earnings Per Share Basic earnings per share (“EPS”) is calculated by dividing the net income attributable to our Company by the weighted average number of common shares outstanding during the period. Diluted EPS is calculated by dividing the net income attributable to our Company by the weighted average number of common and common equivalent shares outstanding during the period and is calculated using the treasury stock method for equity-based compensation awards. The following table sets forth the computation of basic and diluted EPS and a reconciliation of the weighted average number of common and common equivalent shares outstanding: Three Months Ended March 31, (Dollars in thousands, except share data) 2023 2022 Numerator: Net income (loss) attributable to Reading International, Inc. $ ( 11,111 ) $ ( 15,354 ) Denominator: Weighted average number of common stock – basic 22,114,927 21,955,985 Weighted average dilutive impact of awards 783,063 544,673 Weighted average number of common stock – diluted 22,897,990 22,500,658 Basic earnings (loss) per share $ ( 0.50 ) $ ( 0.70 ) Diluted earnings (loss) per share $ ( 0.50 ) $ ( 0.70 ) Awards excluded from diluted earnings (loss) per share 783,063 544,673 Our weighted average number of common stock - basic increased, primarily as a result of the vesting of restricted stock units. We did no t repurchase any shares of Class A Common Stock during the first three months of 2023 and 2022. Certain shares issuable under stock options and restricted stock units were excluded from the computation of diluted net income (loss) per share in periods when their effect was anti-dilutive; either because our Company incurred a net loss for the period, or the exercise price of the options was greater than the average market price of the common stock during the period, or the effect was anti-dilutive as a result of applying the treasury stock method.

Property And Equipment

Property And Equipment	3 Months Ended
	Mar. 31, 2023
Property And Equipment [Abstract]
Property And Equipment	Note 6 – Property and Equipment Operating Property, net Property associated with our operating activities as at March 31, 2023 and December 31, 2022, is summarized as follows: March 31, December 31, (Dollars in thousands) 2023 2022 Land $ 66,977 $ 67,392 Building and improvements 212,055 213,226 Leasehold improvements 62,163 64,230 Fixtures and equipment 192,088 194,753 Construction-in-progress 7,062 6,839 Total cost 540,345 546,440 Less: accumulated depreciation ( 258,459 ) ( 259,488 ) Operating property, net $ 281,886 $ 286,952 Depreciation expense for operating property was $ 4.6 million for the three months ended March 31, 2023, and $ 5.4 million for the three months ended March 31, 2022. Investment and Development Property, net Our investment and development property as of March 31, 2023 and December 31, 2022, is summarized below: March 31, December 31, (Dollars in thousands) 2023 2022 Land $ 3,814 $ 3,857 Construction-in-progress (including capitalized interest) 4,880 4,935 Investment and development property $ 8,694 $ 8,792 Construction-in-Progress – Operating and Investment Properties Construction-in-Progress balances are included in both our operating and development properties. The balances of our major projects along with the movements for the three months ended March 31, 2023 are shown below: (Dollars in thousands) Balance, December 31, 2022 Additions during the period Completed during the period Foreign currency translation Balance, March 31, 2023 Courtenay Central development 6,380 — — ( 69 ) 6,311 Cinema developments and improvements 2,990 437 ( 444 ) ( 21 ) 2,962 Other real estate projects 2,404 343 ( 72 ) ( 6 ) 2,669 Total $ 11,774 $ 780 $ ( 516 ) $ ( 96 ) $ 11,942

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	Note 7 – Leases In all leases, whether we are the lessor or lessee, we define lease term as the non-cancellable term of the lease plus any renewals covered by renewal options that are reasonably certain of exercise based on our assessment of economic factors relevant to the lessee. The non-cancellable term of the lease commences on the date the lessor makes the underlying property in the lease available to the lessee, irrespective of when lease payments begin under the contract. As Lessee We have operating leases for certain cinemas, and finance leases for certain equipment assets. Our leases have remaining lease terms of 1 to 25 years, with certain leases having options to extend to up to a further 20 years. Lease payments for our cinema operating leases consist of fixed base rent, and for certain leases, variable lease payments consisting of contracted percentages of revenue, changes in the relevant CPI, and/or other contracted financial metrics. The components of lease expense were as follows: Three Months Ended March 31, (Dollars in thousands) 2023 2022 Lease cost Finance lease cost: Amortization of right-of-use assets $ 8 $ 12 Interest on lease liabilities — 1 Operating lease cost 8,208 8,714 Variable lease cost 271 ( 88 ) Total lease cost $ 8,487 $ 8,639 Supplemental cash flow information related to leases is as follows: Three Months Ended March 31, (Dollars in thousands) 2023 2022 Cash flows relating to lease cost Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 9 $ 13 Operating cash flows for operating leases 8,435 10,141 Right-of-use assets obtained in exchange for new operating lease liabilities — 66 Supplemental balance sheet information related to leases is as follows: March 31, December 31, (Dollars in thousands) 2023 2022 Operating leases Operating lease right-of-use assets $ 193,655 $ 200,417 Operating lease liabilities - current portion 24,016 23,971 Operating lease liabilities - non-current portion 192,787 200,037 Total operating lease liabilities $ 216,803 $ 224,008 Finance leases Property plant and equipment, gross 361 363 Accumulated depreciation ( 344 ) ( 338 ) Property plant and equipment, net $ 17 $ 25 Other current liabilities 20 28 Other long-term liabilities — — Total finance lease liabilities $ 20 $ 28 Other information Weighted-average remaining lease term - finance leases 1 1 Weighted-average remaining lease term - operating leases 11 11 Weighted-average discount rate - finance leases 5.21 % 5.21 % Weighted-average discount rate - operating leases 4.55 % 4.55 % The maturities of our leases were as follows: (Dollars in thousands) Operating leases Finance leases 2023 $ 25,120 $ 20 2024 32,128 — 2025 30,157 — 2026 28,218 — 2027 25,879 — Thereafter 136,670 — Total lease payments $ 278,172 $ 20 Less imputed interest ( 61,369 ) — Total $ 216,803 $ 20 As of March 31, 2023, we have one additional cinema operating lease that has not yet commenced operations with a right-of-use value of approximately $ 7.2 million. It is anticipated that it will commence before the end of 2023 with a lease term of 15 to 20 years. As Lessor We have entered into various leases as a lessor for our owned real estate properties. These leases vary in length between 1 and 20 years, with certain leases containing options to extend at the behest of the applicable tenants. Lease components consist of fixed base rent, and for certain leases, variable lease payments consisting of contracted percentages of revenue, changes in the relevant CPI, and/or other contracted financial metrics. None of our leases grant any right to the tenant to purchase the underlying asset. Lease income relating to operating lease payments was as follows: Three Months Ended March 31, (Dollars in thousands) 2023 2022 Components of lease income Lease payments $ 2,636 $ 2,068 Variable lease payments 187 130 Total lease income $ 2,823 $ 2,198 The book value of underlying assets under operating leases from owned assets was as follows: March 31, December 31, (Dollars in thousands) 2023 2022 Building and improvements Gross balance $ 137,220 $ 136,749 Accumulated depreciation ( 27,818 ) ( 26,148 ) Net Book Value $ 109,402 $ 110,601 The Maturity of our leases were as follows: (Dollars in thousands) Operating leases 2023 $ 9,711 2024 9,524 2025 9,026 2026 7,496 2027 6,407 Thereafter 27,455 Total $ 69,619

Goodwill And Intangible Assets

Goodwill And Intangible Assets	3 Months Ended
	Mar. 31, 2023
Goodwill And Intangible Assets [Abstract]
Goodwill And Intangible Assets	Note 8 – Goodwill and Intangible Assets The table below summarizes goodwill by business segment as of March 31, 2023, and December 31, 2022. (Dollars in thousands) Cinema Real Estate Total Balance at December 31, 2022 $ 20,280 $ 5,224 $ 25,504 Foreign currency translation adjustment ( 232 ) — ( 232 ) Balance at March 31, 2023 $ 20,048 $ 5,224 $ 25,272 Our Company is required to test goodwill and other intangible assets for impairment on an annual basis and, if current events or circumstances require, on an interim basis. Our next annual evaluation of goodwill and other intangible assets is scheduled during the fourth quarter of 2023. To test the impairment of goodwill, our Company compares the fair value of each reporting unit to its carrying amount, including the goodwill, to determine if there is potential goodwill impairment. A reporting unit is generally one level below the operating segment. As of March 31, 2023, we were not aware that any events indicating potential impairment of goodwill had occurred outside of those described at Note 3 – Impact of COVID-19 Pandemic and Liquidity . The tables below summarize intangible assets other than goodwill, as of March 31, 2023, and December 31, 2022, respectively. As of March 31, 2023 (Dollars in thousands) Beneficial Leases Trade Name Other Intangible Assets Total Gross carrying amount $ 12,191 $ 9,058 $ 4,892 $ 26,141 Less: Accumulated amortization ( 11,954 ) ( 7,878 ) ( 3,977 ) ( 23,809 ) Less: Impairments — — ( 40 ) ( 40 ) Net intangible assets other than goodwill $ 237 $ 1,180 $ 875 $ 2,292 As of December 31, 2022 (Dollars in thousands) Beneficial Leases Trade Name Other Intangible Assets Total Gross carrying amount $ 12,216 $ 9,058 $ 4,915 $ 26,189 Less: Accumulated amortization ( 11,964 ) ( 7,838 ) ( 3,956 ) ( 23,758 ) Less: Impairments — — ( 40 ) ( 40 ) Net intangible assets other than goodwill $ 252 $ 1,220 $ 919 $ 2,391 Beneficial leases obtained in business combinations where we are the landlord are amortized over the life of the relevant leases. Trade names are amortized based on the accelerated amortization method over their estimated useful life of 30 years, and other intangible assets are amortized over their estimated useful lives of up to 30 years (except for transferrable liquor licenses, which are indefinite-lived assets). The table below summarizes the amortization expense of intangible assets for the quarter ended March 31, 2023 Three Months Ended March 31, (Dollars in thousands) 2023 2022 Beneficial lease amortization $ 15 $ 22 Other amortization 54 135 Total intangible assets amortization $ 69 $ 157

Investments In Unconsolidated J

Investments In Unconsolidated Joint Ventures	3 Months Ended
	Mar. 31, 2023
Investments In Unconsolidated Joint Ventures [Abstract]
Investments In Unconsolidated Joint Ventures	Note 9 – Investments in Unconsolidated Joint Ventures Our investments in unconsolidated joint ventures are accounted for under the equity method of accounting. The table below summarizes our active investment holdings in two (2) unconsolidated joint ventures as of March 31, 2023, and December 31, 2022: March 31, December 31, (Dollars in thousands) Interest 2023 2022 Rialto Cinemas 50.0 % $ 870 $ 920 Mt. Gravatt 33.3 % 3,837 3,836 Total investments $ 4,707 $ 4,756 For the quarter ended March 31, 2023 and 2022, the recognized share of equity earnings from our investments in unconsolidated joint ventures are as follows: Three Months Ended March 31, (Dollars in thousands) 2023 2022 Rialto Cinemas $ ( 41 ) $ ( 85 ) Mt. Gravatt 60 20 Total equity earnings $ 19 $ ( 65 )

Prepaid And Other Assets

Prepaid And Other Assets	3 Months Ended
	Mar. 31, 2023
Prepaid And Other Assets [Abstract]
Prepaid And Other Assets	Note 10 – Prepaid and Other Assets Prepaid and other assets are summarized as follows: March 31, December 31, (Dollars in thousands) 2023 2022 Prepaid and other current assets Prepaid expenses $ 2,295 $ 1,859 Prepaid taxes 2,025 1,687 Income taxes receivable 61 — Prepaid rent 1,256 — Deposits 242 233 Other receivables 11 — Interest receivable — 8 Investments in marketable securities 15 17 Total prepaid and other current assets $ 5,905 $ 3,804 Other non-current assets Other non-cinema and non-rental real estate assets 1,134 1,134 Investment in Reading International Trust I 838 838 Straight-line rent asset 8,442 8,302 Long-term deposits 8 10 Total other non-current assets $ 10,422 $ 10,284

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Taxes [Abstract]
Income Taxes	Note 11 – Income Taxes The interim provision for income taxes is different from the amount determined by applying the U.S. federal statutory rate to consolidated income or loss before taxes. The differences are attributable to foreign tax rate differential, unrecognized tax benefits, and change in valuation allowance. Our effective tax rate was 4.1 % and 2.4 % for the three months ended March 31, 2023, and 2022, respectively. The difference is primarily due to the decrease in reserve for valuation allowance in 2023. The forecasted effective tax rate is updated each quarter as new information becomes available.

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2023
Borrowings [Abstract]
Borrowings	Note 12 – Borrowings Our Company’s borrowings at March 31, 2023 and December 31, 2022, net of deferred financing costs and including the impact of interest rate derivatives on effective interest rates, are summarized below: As of March 31, 2023 (Dollars in thousands) Maturity Date Contractual Facility Balance, Gross Balance, Net (1) Stated Interest Rate Effective Interest Rate Denominated in USD Trust Preferred Securities (US) April 30, 2027 $ 27,913 $ 27,913 $ 27,005 8.80 % 8.80 % Bank of America Credit Facility (US) September 4, 2024 26,000 26,000 25,823 10.50 % 10.50 % Cinemas 1, 2, 3 Term Loan (US) July 3, 2023 22,341 22,341 22,167 6.63 % 6.63 % Minetta & Orpheum Theatres Loan (US) (2) November 1, 2023 8,000 8,000 7,982 6.00 % 5.15 % U.S. Corporate Office Term Loan (US) January 1, 2027 8,607 8,607 8,550 4.64 % / 4.44 % 4.61 % Union Square Financing (US) (3) May 6, 2024 55,000 43,000 42,571 11.68 % 7.40 % Purchase Money Promissory Note (US) September 18, 2024 1,149 1,149 1,149 5.00 % 5.00 % Denominated in foreign currency ("FC") (4) NAB Corporate Term Loan (AU) June 30, 2024 67,712 67,712 67,653 5.43 % 5.43 % Westpac Bank Corporate (NZ) January 1, 2024 8,679 8,679 8,679 7.45 % 7.45 % $ 225,401 $ 213,401 $ 211,579 (1) Net of deferred financing costs amounting to $ 1.8 million. (2) The interest rate derivative associated with the Minetta & Orpheum loan provides for an effective fixed rate of 5.15 %. (3) The interest rate derivative associated with the Union Square loan provides for a maximum effective rate of 7.40 %. (4) The contractual facilities and outstanding balances of the foreign currency denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of March 31, 2023. As of December 31, 2022 (Dollars in thousands) Maturity Date Contractual Facility Balance, Gross Balance, Net (1) Stated Interest Rate Effective Interest Rate Denominated in USD Trust Preferred Securities (US) April 30, 2027 $ 27,913 $ 27,913 $ 26,950 8.41 % 8.41 % Bank of America Credit Facility (US)(5) March 1, 2024 26,750 26,750 26,663 10.00 % 10.00 % Cinemas 1, 2, 3 Term Loan (US)(5) April 1, 2023 22,455 22,455 22,208 6.63 % 6.63 % Minetta & Orpheum Theatres Loan (US)(2) November 1, 2023 8,000 8,000 7,974 7.12 % 6.00 % U.S. Corporate Office Term Loan (US) January 1, 2027 8,674 8,674 8,613 4.64 % / 4.44 % 4.64 % Union Square Financing (US) (3) May 6, 2024 55,000 43,000 42,484 11.25 % 7.40 % Purchase Money Promissory Note (US) September 18, 2024 1,333 1,333 1,333 5.00 % 5.00 % Denominated in foreign currency ("FC")(4) NAB Corporate Term Loan (AU) June 30, 2024 68,731 68,731 68,662 4.82 % 4.82 % Westpac Bank Corporate (NZ) January 1, 2024 8,777 8,777 8,777 6.95 % 6.95 % Total $ 227,633 $ 215,633 $ 213,664 (1) Net of deferred financing costs amounting to $ 2.0 million. (2) The interest rate derivative associated with the Minetta & Orpheum loan provides for an effective fixed rate of 5.15 %. (3) The interest rate derivative associated with the Union Square loan provides for an effective fixed rate of 7.40 %. (4) The contractual facilities and outstanding balances of the foreign currency denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2022. (5) This financing facility was extended after December 31, 2022. Our loan arrangements are presented, net of the deferred financing costs, on the face of our consolidated balance sheet as follows: March 31, December 31, Balance Sheet Caption (Dollars in thousands) 2023 2022 Debt - current portion $ 47,345 $ 37,279 Debt - long-term portion 136,473 148,688 Subordinated debt - current portion 756 747 Subordinated debt - long-term portion 27,005 26,950 Total borrowings $ 211,579 $ 213,664 Bank of America Credit Facility Our $ 55.0 million Bank of America facility now matures on September 4, 2024 , following a Q1 2023 loan modification, which, among other things, extended the maturity date from March 1, 2024. The current facility requires monthly repayments of $ 725,000 commencing in May 2023, with a balloon payment upon maturity. Interest is charged at a fixed rate of 3.0 % above the Bank of America Prime rate, which itself has a floor of 1.0 %. Payment-in-kind interest of 0.5 % accrues from January 1, 2024, but will be waived in the event of repayment of the entire debt prior to April 1, 2024. Minetta and Orpheum Theatres Loan On October 12, 2018, we refinanced our $ 7.5 million loan with Santander Bank, which is secured by our Minetta and Orpheum Theatres, with a loan for a five year term of $ 8.0 million. Such modification was not considered to be substantial under U.S. GAAP. U.S. Corporate Office Term Loan On December 13, 2016, we obtained a ten year $ 8.4 million mortgage loan on our Culver City building at a fixed annual interest rate of 4.64 %. On June 26, 2017, we obtained a further $ 1.5 million at a fixed annual interest rate of 4.44 %. Cinemas 1,2,3 Term Loan Our Cinemas 1,2,3 Term Loan, held by Sutton Hill Properties LLC (“SHP”), a 75 % owned subsidiary of RDI, matures on July 3, 2023, following a modification in Q1 of 2023 to extend the maturity date from April 1, 2023. The term loan is with Valley National Bank and carries an interest rate of 4.25 %. Union Square Financing On May 7, 2021, we closed on a new three-year $ 55.0 million loan facility with Emerald Creek Capital secured by our 44 Union Square property and certain limited guarantees. The facility bears a variable interest rate of one month LIBOR plus 6.9 % with a floor of 7.0 % and includes provisions for a prepaid interest and property tax reserve fund. The loan has two 12-month options to extend, and may be repaid at any time, without the payment of any premium. Purchase Money Promissory Note On September 18, 2019, we purchased for $ 5.5 million 407,000 shares of our Class A Common Stock in a privately negotiated transaction under our Share Repurchase Program. Of this amount, $ 3.5 million was paid by the issuance of a Purchase Money Promissory Note, which bears an interest rate of 5.0 % per annum, payable in equal quarterly payments of principal plus accrued interest. The Purchase Money Promissory Note matures on September 18, 2024 . Westpac Bank Corporate Credit Facility (NZ) Our Westpac Corporate Credit Facility for NZ$ 13.8 million matures on January 1, 2024 . The facility currently carries an interest rate and line of credit charge of 2.40 % above the Bank Bill Bid Rate and 1.65 % respectively. Westpac has waived the requirement to test certain covenants for each quarter since the third quarter of 2020, including the current quarter. Australian NAB Corporate Term Loan (AU) Our Revolving Corporate Markets Loan Facility with National Australia Bank (“NAB”) matures on June 30, 2024. It currently consists of (i) a AU$ 100.0 million Corporate Loan facility at 1.75 % above BBSY, of which AU$ 60.0 million is revolving and AU$ 40.0 million is core, (ii) a Bank Guarantee Facility of AU$ 5.0 million at a rate of 1.85 % per annum and (iii) a further AU$ 3.0 million of core debt added in December 2020, relating to the funding of our cinema at Jindalee, Queensland, which is repayable in semi-annual installments of AU$ 500,000 , the first installment being April 30, 2021, until fully repaid on October 31, 2023.

Other Liabilities

Other Liabilities	3 Months Ended
	Mar. 31, 2023
Other Liabilities [Abstract]
Other Liabilities	Note 13 – Other Liabilities Other liabilities are summarized as follows: March 31, December 31, (Dollars in thousands) 2023 2022 Current liabilities Accrued pension 684 684 Security deposit payable 88 68 Finance lease liabilities 20 28 Other 32 33 Other current liabilities $ 824 $ 813 Other liabilities Lease make-good provision 6,124 6,131 Accrued pension 3,017 3,138 Deferred rent liability 2,412 2,484 Environmental reserve 1,656 1,656 Lease liability 5,900 5,900 Acquired leases 10 11 Other non-current liabilities $ 19,119 $ 19,320 Pension Liability – Supplemental Executive Retirement Plan Details of our Supplemental Executive Retirement Plan are disclosed in Note 13 – Pension and Other Liabilities in our 2022 Form 10-K Included in our current and non-current liabilities are accrued pension costs of $ 3.7 million at March 31, 2023. The benefits of our pension plan are fully vested and therefore no service costs were recognized for the three months ended March 31, 2023, and 2022. Our pension plan is unfunded. During the quarter ended March 31, 2023, the interest cost was $ 50,000 , and the actuarial loss was $ 52,000 . During the quarter ended March 31, 2022, the interest cost was $ 56,000 , and the actuarial loss was $ 52,000 .

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	Note 14 – Accumulated Other Comprehensive Income The following table summarizes the changes in each component of accumulated other comprehensive income attributable to RDI: (Dollars in thousands) Foreign Currency Items Unrealized Gain (Losses) on Available- for-Sale Investments Accrued Pension Service Costs Hedge Accounting Reserve Total Balance at January 1, 2023 $ ( 697 ) $ ( 18 ) $ ( 1,822 ) $ 580 $ ( 1,957 ) Change related to derivatives Total change in hedge fair value recorded in Other Comprehensive Income — — — ( 18 ) ( 18 ) Amounts reclassified from accumulated other comprehensive income — — — ( 564 ) ( 564 ) Net change related to derivatives — — — ( 582 ) ( 582 ) Net current-period other comprehensive income (loss) ( 763 ) — 52 ( 582 ) ( 1,293 ) Balance at March 31, 2023 $ ( 1,460 ) $ ( 18 ) $ ( 1,770 ) $ ( 2 ) $ ( 3,250 )

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments And Contingencies [Abstract]
Commitments And Contingencies	Note 15 – Commitments and Contingencies Litigation General Insofar as our Company is aware, there are no claims, arbitration proceedings, or litigation proceedings that constitute material contingent liabilities of our Company. Such matters require significant judgments based on the facts known to us. These judgments are inherently uncertain and can change significantly when additional facts become known. We provide accruals for matters that have probable likelihood of occurrence and can be properly estimated as to their expected negative outcome. We do not record expected gains until the proceeds are received by us. However, we typically make no accruals for potential costs of defense, as such amounts are inherently uncertain and dependent upon the scope, extent and aggressiveness of the activities of the applicable plaintiff. Discussed below are certain litigation matters which, however, have been significant to our Company. Litigation Matters We are currently involved in certain legal proceedings and, as required, have accrued estimates of probable and estimable losses for the resolution of these claims, including legal costs.  Where we are the plaintiffs , we accrue legal fees as incurred on an on-going basis and make no provision for any potential settlement amounts until received. In Australia, the prevailing party is usually entitled to recover its attorneys’ fees, which recoveries typically work out to be approximately 60% of the amounts actually spent where first-class legal counsel is engaged at customary rates. Where we are a plaintiff, we have likewise made no provision for the liability for the defendant’s attorneys’ fees in the event we are determined not to be the prevailing party.  Where we are the defendants , we accrue for probable damages that insurance may not cover as they become known and can be reasonably estimated, as permitted under ASC 450-20 Loss Contingencies . In our opinion, any claims and litigation in which we are currently involved are not reasonably likely to have a material adverse effect on our business, results of operations, financial position, or liquidity. I t is possible, however, that future results of the operations for any particular quarterly or annual period could be materially affected by the ultimate outcome of the legal proceedings. From time to time, we are involved with claims and lawsuits arising in the ordinary course of our business that may include contractual obligations, insurance claims, tax claims, employment matters, and anti-trust issues, among other matters. Environmental and Asbestos Claims on Reading Legacy Operations Certain of our subsidiaries were historically involved in railroad operations, coal mining, and manufacturing. Also, certain of these subsidiaries appear in the chain-of-title of properties that may suffer from pollution. Accordingly, certain of these subsidiaries have, from time to time, been named in and may in the future be named in various actions brought under applicable environmental laws. Also, we are in the real estate development business and may encounter from time to time environmental conditions at properties that we have acquired for development and which will need to be addressed in the future as part of the development process. These environmental conditions can increase the cost of such projects and adversely affect the value and potential for profit of such projects. We do not currently believe that our exposure under applicable environmental laws is material in amount. From time to time, there are claims brought against us relating to the exposure of former employees to asbestos and/or coal dust. These are generally covered by an insurance settlement reached in September 1990 with our insurance providers. However, this insurance settlement does not cover litigation by people who were not employees of our historic railroad operations and who may claim direct or second-hand exposure to asbestos, coal dust and/or other chemicals or elements now recognized as potentially causing cancer in humans. Our known exposure to these types of claims, asserted or probable of being asserted, is not material. California Employment Litigation On April 18, 2023, final judgement (the “Final Judgement”) was entered by the Superior Court of California on our settlement of certain California employment matters which include substantially overlapping wage and hour claims relating to our California cinema operations as described below. Taylor Brown, individually, and on behalf of other members of the general public similarly situated vs. Reading Cinemas et al. Superior Court of the State of California for the County of Kern, Case No. BCV-19-1000390 (“Brown v. RC,” and the “Brown Class Action Complaint”) was initially filed in December 2018, as an individual action and refiled as a putative class action in February 2019, but not served until June 24, 2019. Peter M. Wagner, Jr., an individual, vs. Consolidated Entertainment, Inc. et al., Superior Court of the State of California for the County of San Diego, Case NO. 37-2019-00030695-CU-WT-CTL (“Wagner v. CEI,” and the “Wagner Individual Complaint”) was filed as a discrimination and retaliation lawsuit in June 2019. The following month, in July 2019, a notice was served on us by separate counsel for Mr. Wagner under the California Private Attorney General Act of 2004 (Cal. Labor Code Section 2698, et seq) (the “Wagner PAGA Claim”) purportedly asserting in a representational capacity claims under the PAGA statute, overlapping, in substantial part, the allegations set forth in the Brown Class Action Complaint. On March 6, 2020, Wagner filed a purported class action in the Superior Court of California, County of San Diego, again covering basically the same allegations as set forth in the Brown Class Action Complaint, and titled Peter M. Wagner, an individual, on behalf of himself and all others similarly situated vs. Reading International, Inc., Consolidated Entertainment, Inc. and Does 1 through 25, Case No. 37-2020-000127-CU-OE-CTL (the “Wagner Class Action” and the “Wagner Class Action Complaint”). Following mediation, the Wagner Individual Complaint was settled, and final judgment entered on February 10, 2021, at what we believe to have been its nuisance value. On July 13, 2021, following a mediation, the parties agreed to settle the claims set forth in the remaining lawsuits (specifically, the Brown Class Action Complaint, the Wagner PAGA Claim and the Wagner Class Action Complaint) for the Company’s payment of $ 4.0 million (the “Settlement Amount”). Under the terms of the Final Judgment, the Settlement Amount is to be paid as follows: (i) $ 1,351,000 on May 18, 2023, (ii) $ 1,351,000 on February 19, 2024, and (iii) the balance on December 2, 2024. We accrued the Settlement Amount in 2021 as a cinema segment administrative expense. General Distributors Limited v. Reading Wellington Properties Arbitration On June 18, 2021, General Distributors Limited (“GDL”), an owner and operator of supermarkets in New Zealand, filed an arbitration statement of claim (the “Statement of Claim”) in Auckland, New Zealand, against our wholly owned subsidiary, Reading Wellington Properties, Limited (“RWPL”), relating to the enforceability of an Agreement to Lease (the “ATL”) entered into between the parties in February 2013, contemplating the construction by RWPL and the lease by GDL of a supermarket in Wellington, New Zealand on property owned by RWPL. This matter was settled on August 26, 2022, pursuant to the parties’ written settlement agreement to the effect that the ATL has terminated and is at an end and that any and all rights or claims arising under or in respect of the ATL have lapsed or are, by such settlement, waived and abandoned, including any and all right or claims against any of our Company’s properties in Wellington, New Zealand. No amounts in settlement were paid by either party, and each party bore its own legal costs and expenses. The costs of the arbitrator were shared equally by the parties. The matter is now at an end.

Non-controlling Interests

Non-controlling Interests	3 Months Ended
	Mar. 31, 2023
Non-controlling Interests [Abstract]
Non-controlling Interests	Note 16 – Non-controlling Interests These are composed of the following enterprises:  Australia Country Cinemas Pty Ltd. - 25 % noncontrolling interest owned by Panorama Group International Pty Ltd.:  Shadow View Land and Farming, LLC - 50 % noncontrolling membership interest owned by the estate of Mr. James J. Cotter, Sr. (the “Cotter Estate”); and,  Sutton Hill Properties, LLC - 25 % noncontrolling interest owned by Sutton Hill Capital, LLC (which in turn is 50 % owned by the Cotter Estate). The components of noncontrolling interests are as follows: March 31, December 31, (Dollars in thousands) 2023 2022 Australian Country Cinemas, Pty Ltd $ 36 $ 26 Shadow View Land and Farming, LLC ( 3 ) ( 3 ) Sutton Hill Properties, LLC 176 400 Noncontrolling interests in consolidated subsidiaries $ 209 $ 423 The components of income attributable to noncontrolling interests are as follows: Three Months Ended March 31, (Dollars in thousands) 2023 2022 Australian Country Cinemas, Pty Ltd $ 10 $ ( 11 ) Shadow View Land and Farming, LLC — ( 1 ) Sutton Hill Properties, LLC ( 223 ) ( 87 ) Net income (loss) attributable to noncontrolling interests $ ( 213 ) $ ( 99 ) Summary of Controlling and Noncontrolling Stockholders’ Equity A summary of the changes in controlling and noncontrolling stockholders’ equity is as follows: Common Stock Retained Accumulated Reading Class A Class A Class B Class B Additional Earnings Other International Inc. Total Non-Voting Par Voting Par Paid-In (Accumulated Treasury Comprehensive Stockholders’ Noncontrolling Stockholders’ (Dollars in thousands, except shares) Shares Value Shares Value Capital Deficit) Shares Income (Loss) Equity Interests Equity At January 1, 2023 20,410 $ 235 1,680 $ 17 $ 153,784 $ ( 48,816 ) $ ( 40,407 ) $ ( 1,957 ) $ 62,856 $ 423 $ 63,279 Net income (loss) — — — — — ( 11,111 ) — — ( 11,111 ) ( 213 ) ( 11,324 ) Other comprehensive income, net — — — — — — — ( 1,293 ) ( 1,293 ) ( 1 ) ( 1,294 ) Share-based compensation expense — — — — 443 — — — 443 — 443 Restricted Stock Units 89 — — — ( 132 ) — — — ( 132 ) — ( 132 ) At March 31, 2023 20,499 $ 235 1,680 $ 17 $ 154,095 $ ( 59,927 ) $ ( 40,407 ) $ ( 3,250 ) $ 50,763 $ 209 $ 50,972 Common Stock Retained Accumulated Reading Class A Class A Class B Class B Additional Earnings Other International Inc. Total Non-Voting Par Voting Par Paid-In (Accumulated Treasury Comprehensive Stockholders’ Noncontrolling Stockholders’ (Dollars in thousands, except shares) Shares Value Shares Value Capital Deficit) Shares Income (Loss) Equity Interests Equity At January 1, 2022 20,260 $ 233 1,680 $ 17 $ 151,981 $ ( 12,632 ) $ ( 40,407 ) $ 4,882 $ 104,074 $ 986 $ 105,060 Net income (loss) — — — — — ( 15,354 ) — — ( 15,354 ) ( 99 ) ( 15,453 ) Other comprehensive income, net — — — — — — — 3,524 3,524 1 3,525 Share-based compensation expense — — — — 415 — — — 415 — 415 Restricted Stock Units 52 1 — — ( 32 ) — — — ( 31 ) — ( 31 ) Distributions to noncontrolling stockholders — — — — — — — — — ( 22 ) ( 22 ) At March 31, 2022 20,312 $ 234 1,680 $ 17 $ 152,364 $ ( 27,986 ) $ ( 40,407 ) $ 8,406 $ 92,628 $ 866 $ 93,494

Stock-Based Compensation and St

Stock-Based Compensation and Stock Repurchases	3 Months Ended
	Mar. 31, 2023
Share-Based Compensation and Stock Repurchases [Abstract]
Stock-Based Compensation and Stock Repurchases	Note 17 – Stock-Based Compensation and Stock Repurchases Employee and Director Stock Incentive Plan 2020 Stock Incentive Plan On November 4, 2020, the Company enacted the 2020 Stock Incentive Plan, which was also approved by the Company’s stockholders on December 8, 2020 (the “2020 Plan”). Under the 2020 Plan, the Company may grant stock options and other share-based payment awards of our Class A Common Stock to eligible employees, directors and consultants. The aggregate total number of shares of Class A Common Stock authorized for issuance under the 2020 Plan at March 31, 2023, was 1,250,000 , of which 234,955 remain available for future issuance. In addition, if any awards that were outstanding under the 2010 Plan are subsequently forfeited or if the related shares are repurchased, a corresponding number of shares will automatically become available for issuance under the 2020 Plan, thus resulting in a potential increase in the number of shares available for issuance under the 2020 Plan. At March 31, 2023, this potential increase in the number of shares eligible for issuance under the 2020 Plan was 316,902 Class A Common Stock. Stock options are granted at exercise prices equal to the grant-date market prices and typically expire no later than five years from the grant date. In contrast to a stock option where the grantee buys our Company’s share at an exercise price determined on the grant date, a restricted stock unit (“RSU”) entitles the grantee to receive one share for every RSU based on a vesting plan, typically between one year and four years from grant. As discussed further below, a performance component has been added to certain of the RSUs granted to management. At the time the options are exercised or RSUs vest and are settled, at the discretion of management, we will issue treasury shares or make a new issuance of shares to the option or RSU holder. Stock Options We have estimated the grant-date fair value of our stock options using the Black-Scholes option-valuation model, which takes into account assumptions such as the dividend yield, the risk-free interest rate, the expected stock price volatility, and the expected life of the options. We expensed the estimated grant-date fair values of options over the vesting period on a straight-line basis. Based on our historical experience, the “deemed exercise” of expiring in-the-money options and the relative market price to strike price of the options, we have not estimated any forfeitures of vested or unvested options. No stock options were issued in the three months ended March 31, 2023. For the quarters ended March 31, 2023, and 2022, we recorded compensation expense of $ 9,000 and $ 53,000 , respectively, with respect to our prior stock option grants. At March 31, 2023, the total unrecognized estimated compensation expense related to non-vested stock options was $ 27,000 , which we expect to recognize over a weighted average vesting period of 0.75 years. The intrinsic, unrealized value of all options outstanding vested and expected to vest, at March 31, 2023, was $nil , as the closing price of our Common Stock on that date was $ 3.25 . The following table summarizes the number of options outstanding and exercisable as of March 31, 2023, and December 31, 2022: Outstanding Stock Options - Class A Shares Number of Options Weighted Average Exercise Price Weighted Average Remaining Years of Contractual Life Aggregate Intrinsic Value Class A Class A Class A Class A Balance - December 31, 2021 517,344 $ 15.42 1.66 $ — Granted — — — — Exercised — — — — Forfeited ( 189,846 ) 14.63 — — Balance - December 31, 2022 327,498 $ 15.87 1.24 $ — Granted — — — — Exercised — — — — Forfeited — — — — Balance - March 31, 2023 327,498 $ 15.51 0.71 $ — Restricted Stock Units The following table summarizes the status of RSUs granted to date as of March 31, 2023: Outstanding Restricted Stock Units RSU Grants (in units) Vested, Unvested, Forfeited, Grant Date Directors Management Total Grants March 31, 2023 March 31, 2023 March 31, 2023 Opening balance 129,796 165,753 295,549 287,958 — 7,591 March 10, 2020 — 287,163 287,163 211,679 48,402 27,082 December 14, 2020 — 43,260 43,260 42,084 — 1,176 December 16, 2020 60,084 11,459 71,543 71,543 — — April 5, 2021 — 262,830 262,830 45,403 217,427 — April 19, 2021 — 22,888 22,888 5,536 15,855 1,497 August 11, 2021 26,924 — 26,924 26,924 — — December 8, 2021 48,951 — 48,951 48,951 — — April 18, 2022 — 428,899 428,899 — 427,696 1,203 December 15, 2022 73,683 — 73,683 — 73,683 — Total 339,438 1,222,252 1,561,690 740,078 783,063 38,549 RSU awards to management vest 25 % on the anniversary of the grant date over a period of four years . Beginning in 2020, a performance component has been added to certain of the RSUs granted to management, which vest on the third anniversary of their grant date based on the achievement of certain performance metrics . From 2021 onwards, RSUs have two structures, which include time vesting and performance vesting. The majority of RSUs vest 75 % evenly over a period of four years , with the remaining 25 % contingent upon the achievement of certain performance metrics, vesting in full on the third anniversary of the date of the grant. In the case of our Chief Executive Officer, RSUs vest 50 % evenly over a period of four years with the remaining 50 %, contingent upon the achievement of certain performance metrics, vesting in full on the third anniversary of the grant date. RSUs issued to non-employee directors vest on the first to occur of (i) 5:00 pm, Los Angeles, CA time on the last business day prior to the one-year anniversary of the Grant Date or (ii) the date on which the Recipient has served such Recipient’s full term as a Director. For the quarters ended March 31, 2023, and 2022, we recorded compensation expense of $ 434,000 and $ 363,000 , respectively. The total unrecognized compensation expense related to the non-vested RSUs was $ 2.8 million as of March 31, 2023, which we expect to recognize over a weighted average vesting period of 1.56 years. Stock Repurchase Program On March 10, 2020, our Board of Directors authorized a $ 25.0 million increase to our 2017 stock repurchase program, bringing our total authorized repurchase amount remaining to $ 26.0 million, and extended the program to March 2, 2024. Through March 31, 2023, we have repurchased 1,792,819 shares of Class A Common Stock at an average price of $ 13.39 per share (excluding transaction costs). The last share repurchase made by our Company was made on March 5, 2020, at which time 25,000 shares were purchased at an average cost per share of $ 7.30 .

Hedge Accounting

Hedge Accounting	3 Months Ended
	Mar. 31, 2023
Hedge Accounting [Abstract]
Hedge Accounting	Note 18 – Hedge Accounting As of March 31, 2023, and December 31, 2022, our Company held interest rate derivatives in the total notional amount of $ 51.0 million. The derivatives are recorded on the balance sheet at fair value and are included in the following line items: Asset Derivatives March 31, December 31, 2023 2022 (Dollars in thousands) Balance sheet location Fair value Balance sheet location Fair value Interest rate contracts Derivative financial instruments - current portion $ 293 Derivative financial instruments - current portion $ 907 Derivative financial instruments - non-current portion — Derivative financial instruments - non-current portion — Total derivatives designated as hedging instruments $ 293 $ 907 Total derivatives $ 293 $ 907 Liability Derivatives March 31, December 31, 2023 2022 (Dollars in thousands) Balance sheet location Fair value Balance sheet location Fair value Interest rate contracts Derivative financial instruments - current portion $ — Derivative financial instruments - current portion $ — Derivative financial instruments - non-current portion — Derivative financial instruments - non-current portion — Total derivatives designated as hedging instruments $ — $ — Total derivatives $ — $ — The changes in fair value are recorded in Other Comprehensive Income and released into interest expense in the same period(s) in which the hedged transactions affect earnings. In the quarter ended March 31, 2023 and March 31, 2022, respectively, the derivative instruments affected Comprehensive Income as follows: (Dollars in thousands) Location of Loss Recognized in Income on Derivatives Three Months Ended March 31 2023 2022 Interest rate contracts Interest expense $ ( 564 ) $ 69 Total $ ( 564 ) $ 69 (Dollars in thousands) Amount Three Months Ended March 31 2023 2022 Interest rate contracts $ 18 $ ( 731 ) Total $ 18 $ ( 731 ) Line Item Amount Three Months Ended March 31 2023 2022 Interest expense $ ( 564 ) $ 69 Total $ ( 564 ) $ 69 The derivatives have no ineffective portion, and consequently no losses have been recognized directly in income.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 19 – Fair Value Measurements ASC 820, Fair Value Measurement establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The statement requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories:  Level 1: Quoted market prices in active markets for identical assets or liabilities;  Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and,  Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. As of March 31, 2023, and December 31, 2022, we had derivative financial assets carried and measured at fair value on a recurring basis of $ 293,000 and $ 907,000 , respectfully. As of March 31, 2023, and December 31, 2022, we had no derivatives in a liability position. The following tables summarize our financial liabilities that are carried at cost and measured at fair value on a non-recurring basis as of March 31, 2023, and December 31, 2022, by level within the fair value hierarchy. Fair Value Measurement at March 31, 2023 (Dollars in thousands) Carrying Value (1) Level 1 Level 2 Level 3 Total Notes payable $ 184,339 $ — $ — $ 169,305 $ 169,305 Subordinated debt 29,062 — — 25,203 25,203 $ 213,401 $ — $ — $ 194,508 $ 194,508 Fair Value Measurement at December 31, 2022 (Dollars in thousands) Carrying Value (1) Level 1 Level 2 Level 3 Total Notes payable $ 186,387 $ — $ — $ 172,230 $ 172,230 Subordinated debt 29,246 — — 25,025 25,025 $ 215,633 $ — $ — $ 197,255 $ 197,255 (1) These balances are presented before any deduction for deferred financing costs. Following is a description of the valuation methodologies used to estimate the fair value of our financial assets and liabilities. There have been no changes in the methodologies used as of March 31, 2023, and December 31, 2022.  Level 1 investments in marketable securities primarily consist of investments associated with the ownership of marketable securities in U.S. and New Zealand. These investments are valued based on observable market quotes on the last trading date of the reporting period.  Level 2 derivative financial instruments are valued based on discounted cash flow models that incorporate observable inputs such as interest rates and yield curves from the derivative counterparties. The credit valuation adjustments associated with our non-performance risk and counterparty credit risk are incorporated in the fair value estimates of our derivatives. As of March 31, 2023, and December 31, 2022, we concluded that the credit valuation adjustments were not significant to the overall valuation of our derivatives.  Level 3 borrowings include our secured and unsecured notes payable, trust preferred securities and other debt instruments. The borrowings are valued based on discounted cash flow models that incorporate appropriate market discount rates. We calculated the market discount rate by obtaining period-end treasury rates for fixed-rate debt, or LIBOR for variable-rate debt, for maturities that correspond to the maturities of our debt, adding appropriate credit spreads derived from information obtained from third-party financial institutions. These credit spreads take into account factors such as our credit rate, debt maturity, types of borrowings, and the loan-to-value ratios of the debt. Our Company’s financial instruments also include cash, cash equivalents, receivables and accounts payable. The carrying values of these financial instruments approximate the fair values due to their short maturities. Additionally, there were no transfers of assets and liabilities between levels 1, 2, or 3 during the quarter ended March 31, 2023, and March 31, 2022.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 20 – Subsequent Events On May 12, 2023, we listed our office building located at 5995 Sepulveda Blvd., Culver City, CA for sale.

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policy)	3 Months Ended
	Mar. 31, 2023
Summary Of Significant Accounting Policies [Abstract]
Basis Of Consolidation	Basis of Consolidation The accompanying consolidated financial statements include the accounts of our Company’s wholly-owned subsidiaries as well as majority-owned subsidiaries that our Company controls, and should be read in conjunction with our Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2022 (“2022 Form 10-K”). All significant intercompany balances and transactions have been eliminated on consolidation. These consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim reporting with the instructions for Form 10-Q and Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (“SEC”). As such, they do not include all information and footnotes required by U.S. GAAP for complete financial statements. We believe that we have included all normal and recurring adjustments necessary for a fair presentation of the results for the interim period. Operating results for the quarter ended March 31, 2023, are not necessarily indicative of the results that may be expected for the year ending December 31, 2023.
Use Of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and footnotes thereto. Significant estimates include (i) projections we make regarding the recoverability and impairment of our assets (including goodwill and intangibles), (ii) valuations of our derivative instruments, (iii) recoverability of our deferred tax assets, (iv) estimation of breakage and redemption experience rates, which drive how we recognize breakage on our gift card and gift certificates, and revenue from our customer loyalty program, and (v) estimation of our Incremental Borrowing Rate (“IBR”) as relates to the valuation of our right-of-use assets and lease liabilities. Actual results may differ from those estimates

Description Of Business And S_2

Description Of Business And Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2023
Description Of Business And Segment Reporting [Abstract]
Summary Of Results Of Operations For Principal Business Segments	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Revenue: Cinema exhibition $ 41,987 $ 37,347 Real estate 5,065 4,162 Inter-segment elimination ( 1,245 ) ( 1,309 ) $ 45,807 $ 40,200 Segment operating income (loss): Cinema exhibition $ ( 4,612 ) $ ( 7,216 ) Real estate 1,006 104 $ ( 3,606 ) $ ( 7,112 )
Reconciliation To Net Income Attributable To Common Shareholders	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Segment operating income (loss) $ ( 3,606 ) $ ( 7,112 ) Unallocated corporate expense Depreciation and amortization expense ( 179 ) ( 277 ) General and administrative expense ( 4,095 ) ( 4,391 ) Interest expense, net ( 4,117 ) ( 3,205 ) Equity earnings of unconsolidated joint ventures 19 ( 65 ) Other income (expense) 174 ( 781 ) Income (loss) before income tax expense $ ( 11,804 ) $ ( 15,831 )

Operations In Foreign Currency

Operations In Foreign Currency (Tables)	3 Months Ended
	Mar. 31, 2023
Operations In Foreign Currency [Abstract]
Summary Of Currency Exchange Rates	Foreign Currency / USD As of and for the quarter ended As of and for the twelve months ended As of and for the quarter ended March 31, 2023 December 31, 2022 March 31, 2022 Spot Rate Australian Dollar 0.6704 0.6805 0.7499 New Zealand Dollar 0.6271 0.6342 0.6946 Average Rate Australian Dollar 0.6841 0.6946 0.7241 New Zealand Dollar 0.6299 0.6357 0.6763

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Computation Of Basic And Diluted Earnings (Loss) Per Share	Three Months Ended March 31, (Dollars in thousands, except share data) 2023 2022 Numerator: Net income (loss) attributable to Reading International, Inc. $ ( 11,111 ) $ ( 15,354 ) Denominator: Weighted average number of common stock – basic 22,114,927 21,955,985 Weighted average dilutive impact of awards 783,063 544,673 Weighted average number of common stock – diluted 22,897,990 22,500,658 Basic earnings (loss) per share $ ( 0.50 ) $ ( 0.70 ) Diluted earnings (loss) per share $ ( 0.50 ) $ ( 0.70 ) Awards excluded from diluted earnings (loss) per share 783,063 544,673

Property And Equipment (Tables)

Property And Equipment (Tables)	3 Months Ended
	Mar. 31, 2023
Property And Equipment [Abstract]
Schedule Of Property And Equipment	March 31, December 31, (Dollars in thousands) 2023 2022 Land $ 66,977 $ 67,392 Building and improvements 212,055 213,226 Leasehold improvements 62,163 64,230 Fixtures and equipment 192,088 194,753 Construction-in-progress 7,062 6,839 Total cost 540,345 546,440 Less: accumulated depreciation ( 258,459 ) ( 259,488 ) Operating property, net $ 281,886 $ 286,952
Summary Of Investment And Development Property	March 31, December 31, (Dollars in thousands) 2023 2022 Land $ 3,814 $ 3,857 Construction-in-progress (including capitalized interest) 4,880 4,935 Investment and development property $ 8,694 $ 8,792
Construction-In-Progress Balance	(Dollars in thousands) Balance, December 31, 2022 Additions during the period Completed during the period Foreign currency translation Balance, March 31, 2023 Courtenay Central development 6,380 — — ( 69 ) 6,311 Cinema developments and improvements 2,990 437 ( 444 ) ( 21 ) 2,962 Other real estate projects 2,404 343 ( 72 ) ( 6 ) 2,669 Total $ 11,774 $ 780 $ ( 516 ) $ ( 96 ) $ 11,942

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Components Of Lease Expense	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Lease cost Finance lease cost: Amortization of right-of-use assets $ 8 $ 12 Interest on lease liabilities — 1 Operating lease cost 8,208 8,714 Variable lease cost 271 ( 88 ) Total lease cost $ 8,487 $ 8,639
Supplemental Cash Flow Information Related To Leases	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Cash flows relating to lease cost Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases $ 9 $ 13 Operating cash flows for operating leases 8,435 10,141 Right-of-use assets obtained in exchange for new operating lease liabilities — 66
Supplemental Balance Sheet Information Related To Leases	March 31, December 31, (Dollars in thousands) 2023 2022 Operating leases Operating lease right-of-use assets $ 193,655 $ 200,417 Operating lease liabilities - current portion 24,016 23,971 Operating lease liabilities - non-current portion 192,787 200,037 Total operating lease liabilities $ 216,803 $ 224,008 Finance leases Property plant and equipment, gross 361 363 Accumulated depreciation ( 344 ) ( 338 ) Property plant and equipment, net $ 17 $ 25 Other current liabilities 20 28 Other long-term liabilities — — Total finance lease liabilities $ 20 $ 28 Other information Weighted-average remaining lease term - finance leases 1 1 Weighted-average remaining lease term - operating leases 11 11 Weighted-average discount rate - finance leases 5.21 % 5.21 % Weighted-average discount rate - operating leases 4.55 % 4.55 %
Maturity Of Leases As Lessee	(Dollars in thousands) Operating leases Finance leases 2023 $ 25,120 $ 20 2024 32,128 — 2025 30,157 — 2026 28,218 — 2027 25,879 — Thereafter 136,670 — Total lease payments $ 278,172 $ 20 Less imputed interest ( 61,369 ) — Total $ 216,803 $ 20
Components Of Lease Income	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Components of lease income Lease payments $ 2,636 $ 2,068 Variable lease payments 187 130 Total lease income $ 2,823 $ 2,198
Book Value Of Assets Under Operating Leases From Owned Assets	March 31, December 31, (Dollars in thousands) 2023 2022 Building and improvements Gross balance $ 137,220 $ 136,749 Accumulated depreciation ( 27,818 ) ( 26,148 ) Net Book Value $ 109,402 $ 110,601
Maturity Of Leases As Lessor	(Dollars in thousands) Operating leases 2023 $ 9,711 2024 9,524 2025 9,026 2026 7,496 2027 6,407 Thereafter 27,455 Total $ 69,619

Goodwill And Intangible Assets

Goodwill And Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill And Intangible Assets [Abstract]
Summary Of Goodwill	(Dollars in thousands) Cinema Real Estate Total Balance at December 31, 2022 $ 20,280 $ 5,224 $ 25,504 Foreign currency translation adjustment ( 232 ) — ( 232 ) Balance at March 31, 2023 $ 20,048 $ 5,224 $ 25,272
Summary Of Intangible Assets Other Than Goodwill	As of March 31, 2023 (Dollars in thousands) Beneficial Leases Trade Name Other Intangible Assets Total Gross carrying amount $ 12,191 $ 9,058 $ 4,892 $ 26,141 Less: Accumulated amortization ( 11,954 ) ( 7,878 ) ( 3,977 ) ( 23,809 ) Less: Impairments — — ( 40 ) ( 40 ) Net intangible assets other than goodwill $ 237 $ 1,180 $ 875 $ 2,292 As of December 31, 2022 (Dollars in thousands) Beneficial Leases Trade Name Other Intangible Assets Total Gross carrying amount $ 12,216 $ 9,058 $ 4,915 $ 26,189 Less: Accumulated amortization ( 11,964 ) ( 7,838 ) ( 3,956 ) ( 23,758 ) Less: Impairments — — ( 40 ) ( 40 ) Net intangible assets other than goodwill $ 252 $ 1,220 $ 919 $ 2,391
Summary Of Amortization Expense	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Beneficial lease amortization $ 15 $ 22 Other amortization 54 135 Total intangible assets amortization $ 69 $ 157

Investments In Unconsolidated_2

Investments In Unconsolidated Joint Ventures (Tables)	3 Months Ended
	Mar. 31, 2023
Investments In Unconsolidated Joint Ventures [Abstract]
Summary Of The Investments In Unconsolidated Joint Ventures And Entities	March 31, December 31, (Dollars in thousands) Interest 2023 2022 Rialto Cinemas 50.0 % $ 870 $ 920 Mt. Gravatt 33.3 % 3,837 3,836 Total investments $ 4,707 $ 4,756
Summary Of Equity Earnings (Losses) From Investments In Unconsolidated Joint Ventures	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Rialto Cinemas $ ( 41 ) $ ( 85 ) Mt. Gravatt 60 20 Total equity earnings $ 19 $ ( 65 )

Prepaid And Other Assets (Table

Prepaid And Other Assets (Tables)	3 Months Ended
	Mar. 31, 2023
Prepaid And Other Assets [Abstract]
Summary Of Prepaid And Other Assets	March 31, December 31, (Dollars in thousands) 2023 2022 Prepaid and other current assets Prepaid expenses $ 2,295 $ 1,859 Prepaid taxes 2,025 1,687 Income taxes receivable 61 — Prepaid rent 1,256 — Deposits 242 233 Other receivables 11 — Interest receivable — 8 Investments in marketable securities 15 17 Total prepaid and other current assets $ 5,905 $ 3,804 Other non-current assets Other non-cinema and non-rental real estate assets 1,134 1,134 Investment in Reading International Trust I 838 838 Straight-line rent asset 8,442 8,302 Long-term deposits 8 10 Total other non-current assets $ 10,422 $ 10,284

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2023
Borrowings [Abstract]
Summary Of Borrowings	As of March 31, 2023 (Dollars in thousands) Maturity Date Contractual Facility Balance, Gross Balance, Net (1) Stated Interest Rate Effective Interest Rate Denominated in USD Trust Preferred Securities (US) April 30, 2027 $ 27,913 $ 27,913 $ 27,005 8.80 % 8.80 % Bank of America Credit Facility (US) September 4, 2024 26,000 26,000 25,823 10.50 % 10.50 % Cinemas 1, 2, 3 Term Loan (US) July 3, 2023 22,341 22,341 22,167 6.63 % 6.63 % Minetta & Orpheum Theatres Loan (US) (2) November 1, 2023 8,000 8,000 7,982 6.00 % 5.15 % U.S. Corporate Office Term Loan (US) January 1, 2027 8,607 8,607 8,550 4.64 % / 4.44 % 4.61 % Union Square Financing (US) (3) May 6, 2024 55,000 43,000 42,571 11.68 % 7.40 % Purchase Money Promissory Note (US) September 18, 2024 1,149 1,149 1,149 5.00 % 5.00 % Denominated in foreign currency ("FC") (4) NAB Corporate Term Loan (AU) June 30, 2024 67,712 67,712 67,653 5.43 % 5.43 % Westpac Bank Corporate (NZ) January 1, 2024 8,679 8,679 8,679 7.45 % 7.45 % $ 225,401 $ 213,401 $ 211,579 (1) Net of deferred financing costs amounting to $ 1.8 million. (2) The interest rate derivative associated with the Minetta & Orpheum loan provides for an effective fixed rate of 5.15 %. (3) The interest rate derivative associated with the Union Square loan provides for a maximum effective rate of 7.40 %. (4) The contractual facilities and outstanding balances of the foreign currency denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of March 31, 2023. As of December 31, 2022 (Dollars in thousands) Maturity Date Contractual Facility Balance, Gross Balance, Net (1) Stated Interest Rate Effective Interest Rate Denominated in USD Trust Preferred Securities (US) April 30, 2027 $ 27,913 $ 27,913 $ 26,950 8.41 % 8.41 % Bank of America Credit Facility (US)(5) March 1, 2024 26,750 26,750 26,663 10.00 % 10.00 % Cinemas 1, 2, 3 Term Loan (US)(5) April 1, 2023 22,455 22,455 22,208 6.63 % 6.63 % Minetta & Orpheum Theatres Loan (US)(2) November 1, 2023 8,000 8,000 7,974 7.12 % 6.00 % U.S. Corporate Office Term Loan (US) January 1, 2027 8,674 8,674 8,613 4.64 % / 4.44 % 4.64 % Union Square Financing (US) (3) May 6, 2024 55,000 43,000 42,484 11.25 % 7.40 % Purchase Money Promissory Note (US) September 18, 2024 1,333 1,333 1,333 5.00 % 5.00 % Denominated in foreign currency ("FC")(4) NAB Corporate Term Loan (AU) June 30, 2024 68,731 68,731 68,662 4.82 % 4.82 % Westpac Bank Corporate (NZ) January 1, 2024 8,777 8,777 8,777 6.95 % 6.95 % Total $ 227,633 $ 215,633 $ 213,664 (1) Net of deferred financing costs amounting to $ 2.0 million. (2) The interest rate derivative associated with the Minetta & Orpheum loan provides for an effective fixed rate of 5.15 %. (3) The interest rate derivative associated with the Union Square loan provides for an effective fixed rate of 7.40 %. (4) The contractual facilities and outstanding balances of the foreign currency denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2022. (5) This financing facility was extended after December 31, 2022.
Schedule Of Long-term Debt Instruments, Net Of The Deferred Financing Costs	March 31, December 31, Balance Sheet Caption (Dollars in thousands) 2023 2022 Debt - current portion $ 47,345 $ 37,279 Debt - long-term portion 136,473 148,688 Subordinated debt - current portion 756 747 Subordinated debt - long-term portion 27,005 26,950 Total borrowings $ 211,579 $ 213,664

Other Liabilities (Tables)

Other Liabilities (Tables)	3 Months Ended
	Mar. 31, 2023
Other Liabilities [Abstract]
Summary Of Other Liabilities Including Pension	March 31, December 31, (Dollars in thousands) 2023 2022 Current liabilities Accrued pension 684 684 Security deposit payable 88 68 Finance lease liabilities 20 28 Other 32 33 Other current liabilities $ 824 $ 813 Other liabilities Lease make-good provision 6,124 6,131 Accrued pension 3,017 3,138 Deferred rent liability 2,412 2,484 Environmental reserve 1,656 1,656 Lease liability 5,900 5,900 Acquired leases 10 11 Other non-current liabilities $ 19,119 $ 19,320

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income [Abstract]
Summary Of Accumulated Other Comprehensive Income	(Dollars in thousands) Foreign Currency Items Unrealized Gain (Losses) on Available- for-Sale Investments Accrued Pension Service Costs Hedge Accounting Reserve Total Balance at January 1, 2023 $ ( 697 ) $ ( 18 ) $ ( 1,822 ) $ 580 $ ( 1,957 ) Change related to derivatives Total change in hedge fair value recorded in Other Comprehensive Income — — — ( 18 ) ( 18 ) Amounts reclassified from accumulated other comprehensive income — — — ( 564 ) ( 564 ) Net change related to derivatives — — — ( 582 ) ( 582 ) Net current-period other comprehensive income (loss) ( 763 ) — 52 ( 582 ) ( 1,293 ) Balance at March 31, 2023 $ ( 1,460 ) $ ( 18 ) $ ( 1,770 ) $ ( 2 ) $ ( 3,250 )

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	3 Months Ended
	Mar. 31, 2023
Non-controlling Interests [Abstract]
Components Of Non-controlling Interests	March 31, December 31, (Dollars in thousands) 2023 2022 Australian Country Cinemas, Pty Ltd $ 36 $ 26 Shadow View Land and Farming, LLC ( 3 ) ( 3 ) Sutton Hill Properties, LLC 176 400 Noncontrolling interests in consolidated subsidiaries $ 209 $ 423
Components Of Income Attributable To Non-controlling Interest	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Australian Country Cinemas, Pty Ltd $ 10 $ ( 11 ) Shadow View Land and Farming, LLC — ( 1 ) Sutton Hill Properties, LLC ( 223 ) ( 87 ) Net income (loss) attributable to noncontrolling interests $ ( 213 ) $ ( 99 )
Summary Of Changes In Controlling And Non-controlling Stockholders’ Equity	Common Stock Retained Accumulated Reading Class A Class A Class B Class B Additional Earnings Other International Inc. Total Non-Voting Par Voting Par Paid-In (Accumulated Treasury Comprehensive Stockholders’ Noncontrolling Stockholders’ (Dollars in thousands, except shares) Shares Value Shares Value Capital Deficit) Shares Income (Loss) Equity Interests Equity At January 1, 2023 20,410 $ 235 1,680 $ 17 $ 153,784 $ ( 48,816 ) $ ( 40,407 ) $ ( 1,957 ) $ 62,856 $ 423 $ 63,279 Net income (loss) — — — — — ( 11,111 ) — — ( 11,111 ) ( 213 ) ( 11,324 ) Other comprehensive income, net — — — — — — — ( 1,293 ) ( 1,293 ) ( 1 ) ( 1,294 ) Share-based compensation expense — — — — 443 — — — 443 — 443 Restricted Stock Units 89 — — — ( 132 ) — — — ( 132 ) — ( 132 ) At March 31, 2023 20,499 $ 235 1,680 $ 17 $ 154,095 $ ( 59,927 ) $ ( 40,407 ) $ ( 3,250 ) $ 50,763 $ 209 $ 50,972 Common Stock Retained Accumulated Reading Class A Class A Class B Class B Additional Earnings Other International Inc. Total Non-Voting Par Voting Par Paid-In (Accumulated Treasury Comprehensive Stockholders’ Noncontrolling Stockholders’ (Dollars in thousands, except shares) Shares Value Shares Value Capital Deficit) Shares Income (Loss) Equity Interests Equity At January 1, 2022 20,260 $ 233 1,680 $ 17 $ 151,981 $ ( 12,632 ) $ ( 40,407 ) $ 4,882 $ 104,074 $ 986 $ 105,060 Net income (loss) — — — — — ( 15,354 ) — — ( 15,354 ) ( 99 ) ( 15,453 ) Other comprehensive income, net — — — — — — — 3,524 3,524 1 3,525 Share-based compensation expense — — — — 415 — — — 415 — 415 Restricted Stock Units 52 1 — — ( 32 ) — — — ( 31 ) — ( 31 ) Distributions to noncontrolling stockholders — — — — — — — — — ( 22 ) ( 22 ) At March 31, 2022 20,312 $ 234 1,680 $ 17 $ 152,364 $ ( 27,986 ) $ ( 40,407 ) $ 8,406 $ 92,628 $ 866 $ 93,494

Stock-Based Compensation and _2

Stock-Based Compensation and Stock Repurchases (Tables)	3 Months Ended
	Mar. 31, 2023
Share-Based Compensation and Stock Repurchases [Abstract]
Summary Of Stock Options Outstanding And Exercisable	Outstanding Stock Options - Class A Shares Number of Options Weighted Average Exercise Price Weighted Average Remaining Years of Contractual Life Aggregate Intrinsic Value Class A Class A Class A Class A Balance - December 31, 2021 517,344 $ 15.42 1.66 $ — Granted — — — — Exercised — — — — Forfeited ( 189,846 ) 14.63 — — Balance - December 31, 2022 327,498 $ 15.87 1.24 $ — Granted — — — — Exercised — — — — Forfeited — — — — Balance - March 31, 2023 327,498 $ 15.51 0.71 $ —
Schedule Of Restricted Stock Units Issued And Vested	Outstanding Restricted Stock Units RSU Grants (in units) Vested, Unvested, Forfeited, Grant Date Directors Management Total Grants March 31, 2023 March 31, 2023 March 31, 2023 Opening balance 129,796 165,753 295,549 287,958 — 7,591 March 10, 2020 — 287,163 287,163 211,679 48,402 27,082 December 14, 2020 — 43,260 43,260 42,084 — 1,176 December 16, 2020 60,084 11,459 71,543 71,543 — — April 5, 2021 — 262,830 262,830 45,403 217,427 — April 19, 2021 — 22,888 22,888 5,536 15,855 1,497 August 11, 2021 26,924 — 26,924 26,924 — — December 8, 2021 48,951 — 48,951 48,951 — — April 18, 2022 — 428,899 428,899 — 427,696 1,203 December 15, 2022 73,683 — 73,683 — 73,683 — Total 339,438 1,222,252 1,561,690 740,078 783,063 38,549

Hedge Accounting (Tables)

Hedge Accounting (Tables)	3 Months Ended
	Mar. 31, 2023
Hedge Accounting [Abstract]
Schedule Of Derivative Instruments On The Balance Sheet At Fair Value	Asset Derivatives March 31, December 31, 2023 2022 (Dollars in thousands) Balance sheet location Fair value Balance sheet location Fair value Interest rate contracts Derivative financial instruments - current portion $ 293 Derivative financial instruments - current portion $ 907 Derivative financial instruments - non-current portion — Derivative financial instruments - non-current portion — Total derivatives designated as hedging instruments $ 293 $ 907 Total derivatives $ 293 $ 907 Liability Derivatives March 31, December 31, 2023 2022 (Dollars in thousands) Balance sheet location Fair value Balance sheet location Fair value Interest rate contracts Derivative financial instruments - current portion $ — Derivative financial instruments - current portion $ — Derivative financial instruments - non-current portion — Derivative financial instruments - non-current portion — Total derivatives designated as hedging instruments $ — $ — Total derivatives $ — $ —
Schedule Of Changes in Fair value	(Dollars in thousands) Location of Loss Recognized in Income on Derivatives Three Months Ended March 31 2023 2022 Interest rate contracts Interest expense $ ( 564 ) $ 69 Total $ ( 564 ) $ 69
Summary Of Hedged Transactions That Affect Earnings	(Dollars in thousands) Amount Three Months Ended March 31 2023 2022 Interest rate contracts $ 18 $ ( 731 ) Total $ 18 $ ( 731 ) Line Item Amount Three Months Ended March 31 2023 2022 Interest expense $ ( 564 ) $ 69 Total $ ( 564 ) $ 69

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Measurements [Abstract]
Schedule Of Fair Value Carried At Cost And Measured On A Nonrecurring Basis	Fair Value Measurement at March 31, 2023 (Dollars in thousands) Carrying Value (1) Level 1 Level 2 Level 3 Total Notes payable $ 184,339 $ — $ — $ 169,305 $ 169,305 Subordinated debt 29,062 — — 25,203 25,203 $ 213,401 $ — $ — $ 194,508 $ 194,508 Fair Value Measurement at December 31, 2022 (Dollars in thousands) Carrying Value (1) Level 1 Level 2 Level 3 Total Notes payable $ 186,387 $ — $ — $ 172,230 $ 172,230 Subordinated debt 29,246 — — 25,025 25,025 $ 215,633 $ — $ — $ 197,255 $ 197,255 (1) These balances are presented before any deduction for deferred financing costs.

Description Of Business And S_3

Description Of Business And Segment Reporting (Summary Of Results Of Operations For Principal Business Segments) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 45,807	$ 40,200
Segment operating income (loss)	(7,880)	(11,780)
Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	45,807	40,200
Segment operating income (loss)	(3,606)	(7,112)
Intersegment Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	(1,245)	(1,309)
Cinema Exhibition [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	41,987	37,347
Segment operating income (loss)	(4,612)	(7,216)
Real Estate [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	5,065	4,162
Segment operating income (loss)	$ 1,006	$ 104

Description Of Business And S_4

Description Of Business And Segment Reporting (Reconciliation To Net Income Attributable To Common Shareholders) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Segment operating income (loss)	$ (7,880)	$ (11,780)
Depreciation and amortization expense	(4,639)	(5,524)
General and administrative expense	(5,179)	(5,796)
Equity earnings of unconsolidated joint ventures	19	(65)
Other income (expense)	174	(781)
Income (loss) before income taxes	(11,804)	(15,831)
Operating Segments [Member]
Segment Reporting Information [Line Items]
Segment operating income (loss)	(3,606)	(7,112)
Unallocated Corporate Expense [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization expense	(179)	(277)
General and administrative expense	(4,095)	(4,391)
Interest expense, net	$ (4,117)	$ (3,205)

Impact Of COVID-19 Pandemic A_2

Impact Of COVID-19 Pandemic And Liquidity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jul. 03, 2023	Dec. 31, 2022
Impact Of Covid [Line Items]
Revenue	$ 45,807		$ 40,200
Debt, Current	48,100
Cash and cash equivalents	14,628		$ 67,263		$ 29,947
Working capital	94,200
Impairment charges against sites		$ 1,500
Scenario, Forecast [Member]
Impact Of Covid [Line Items]
Debt Current, Due At Date				$ 22,300
Westpac Bank Corporate Credit Facility [Member]
Impact Of Covid [Line Items]
Debt, Current	8,700
Santander Bank [Member]
Impact Of Covid [Line Items]
Debt, Current	$ 8,000

Operations In Foreign Currenc_2

Operations In Foreign Currency (Summary Of Currency Exchange Rates) (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6271	0.6946
Australian Dollar [Member] | Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6704	0.7499	0.6805
Australian Dollar [Member] | Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6841	0.7241	0.6946
New Zealand Dollar [Member] | Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate			0.6342
New Zealand Dollar [Member] | Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6299	0.6763	0.6357

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Class A [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares repurchased plan, shares	0	0

Earnings Per Share (Computation

Earnings Per Share (Computation Of Basic And Diluted Earnings (Loss) Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net income (loss) attributable to Reading International, Inc.	$ (11,111)	$ (15,354)
Weighted average number of common stock – basic	22,114,927	21,955,985
Weighted average dilutive impact of awards	783,063	544,673
Weighted average number of common stock – diluted	22,897,990	22,500,658
Basic earnings (loss) per share	$ (0.50)	$ (0.70)
Diluted earnings (loss) per share	$ (0.50)	$ (0.70)
Awards excluded from diluted earnings (loss) per share	783,063	544,673

Properties And Equipment (Narra

Properties And Equipment (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Property And Equipment [Abstract]
Depreciation expense for operating property	$ 4.6	$ 5.4

Properties And Equipment (Sched

Properties And Equipment (Schedule Of Property And Equipment) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total cost	$ 540,345	$ 546,440
Less: accumulated depreciation	(258,459)	(259,488)
Operating property, net	281,886	286,952
Land [Member]
Property, Plant and Equipment [Line Items]
Total cost	66,977	67,392
Building And Improvements [Member]
Property, Plant and Equipment [Line Items]
Total cost	212,055	213,226
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total cost	62,163	64,230
Fixtures And Equipment [Member]
Property, Plant and Equipment [Line Items]
Total cost	192,088	194,753
Construction-In-Progress [Member]
Property, Plant and Equipment [Line Items]
Total cost	$ 7,062	$ 6,839

Properties And Equipment (Summa

Properties And Equipment (Summary Of Investment And Development Property) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Investment and development property	$ 8,694	$ 8,792
Land [Member]
Property, Plant and Equipment [Line Items]
Investment and development property	3,814	3,857
Construction-In-Progress (Including Capitalized Interest) [Member]
Property, Plant and Equipment [Line Items]
Investment and development property	$ 4,880	$ 4,935

Property And Equipment (Constru

Property And Equipment (Construction-In-Progress Balance) (Details) - Operating And Investing Properties [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Property, Plant and Equipment [Line Items]
Balance	$ 11,774
Additions during the period	780
Completed during the period	(516)
Foreign currency translation	(96)
Balance	11,942
Courtenay Central Development [Member]
Property, Plant and Equipment [Line Items]
Balance	6,380
Foreign currency translation	(69)
Balance	6,311
Cinema Developments And Improvements [Member]
Property, Plant and Equipment [Line Items]
Balance	2,990
Additions during the period	437
Completed during the period	(444)
Foreign currency translation	(21)
Balance	2,962
Other Real Estate Projects [Member]
Property, Plant and Equipment [Line Items]
Balance	2,404
Additions during the period	343
Completed during the period	(72)
Foreign currency translation	(6)
Balance	$ 2,669

Leases (Narrative) (Details)

Leases (Narrative) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Operating Leased Assets [Line Items]
Operating leases not yet commenced	$ 7.2
Minimum [Member]
Operating Leased Assets [Line Items]
Remaining lease term	1 year
Maximum [Member]
Operating Leased Assets [Line Items]
Remaining lease term	25 years
Renewal term	20 years
Real Estate [Member] | Minimum [Member]
Operating Leased Assets [Line Items]
Lease term of contract	1 year
Real Estate [Member] | Maximum [Member]
Operating Leased Assets [Line Items]
Lease term of contract	20 years
Cinema [Member] | Minimum [Member]
Operating Leased Assets [Line Items]
Lease term	15 years
Cinema [Member] | Maximum [Member]
Operating Leased Assets [Line Items]
Lease term	20 years

Leases (Components Of Lease Exp

Leases (Components Of Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Amortization of right-of-use assets	$ 8	$ 12
Interest on lease liabilities		1
Operating lease cost	8,208	8,714
Variable lease cost	271	(88)
Total lease cost	$ 8,487	$ 8,639

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Information Related To Leases) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Operating cash flows for finance leases	$ 9	$ 13
Operating cash flows for operating leases	$ 8,435	10,141
Right-of-use assets obtained in exchange for new operating lease liabilities		$ 66

Leases (Supplemental Balance Sh

Leases (Supplemental Balance Sheet Information Related To Leases) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease right-of-use assets	$ 193,655	$ 200,417
Operating lease liabilities - current portion	24,016	23,971
Operating lease liabilities - non-current portion	192,787	200,037
Total operating lease liabilities	216,803	224,008
Property plant and equipment, gross	361	363
Accumulated depreciation	(344)	(338)
Property plant and equipment, net	17	25
Other current liabilities	20	28
Total finance lease liabilities	$ 20	$ 28
Weighted-average remaining lease term - finance leases	1 year	1 year
Weighted-average remaining lease term - operating leases	11 years	11 years
Weighted-average discount rate - finance leases	5.21%	5.21%
Weighted-average discount rate - operating leases	4.55%	4.55%

Leases (Maturity Of Leases As L

Leases (Maturity Of Leases As Lessee) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating leases, 2023	$ 25,120
Operating leases, 2024	32,128
Operating leases, 2025	30,157
Operating leases, 2026	28,218
Operating leases, 2027	25,879
Operating leases, Thereafter	136,670
Operating leases, Total lease payments	278,172
Operating leases, Less imputed interest	(61,369)
Total operating lease liabilities	216,803	$ 224,008
Finance leases, 2023	20
Finance leases, Total lease payments	20
Total finance lease liabilities	$ 20	$ 28

Leases (Components Of Lease Inc

Leases (Components Of Lease Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Lease payments	$ 2,636	$ 2,068
Variable lease payments	187	130
Total lease income	$ 2,823	$ 2,198

Leases (Book Value Of Assets Un

Leases (Book Value Of Assets Under Operating Leases From Owned Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property Subject to or Available for Operating Lease [Line Items]
Gross balance	$ 540,345	$ 546,440
Accumulated depreciation	(258,459)	(259,488)
Operating property, net	281,886	286,952
Building And Improvements [Member]
Property Subject to or Available for Operating Lease [Line Items]
Gross balance	137,220	136,749
Accumulated depreciation	(27,818)	(26,148)
Operating property, net	$ 109,402	$ 110,601

Leases (Maturity Of Leases As_2

Leases (Maturity Of Leases As Lessor) (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Leases [Abstract]
2023	$ 9,711
2024	9,524
2025	9,026
2026	7,496
2027	6,407
Thereafter	27,455
Total	$ 69,619

Goodwill And Intangible Asset_2

Goodwill And Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Net (Excluding Goodwill)	$ 2,292		$ 2,391
Finite-Lived Intangible Assets, Amortization Expense	69	$ 157
Beneficial Leases [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Net (Excluding Goodwill)	$ 237		252
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful life	30 years
Intangible Assets, Net (Excluding Goodwill)	$ 1,180		1,220
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful life	30 years
Intangible Assets, Net (Excluding Goodwill)	$ 875		$ 919
Finite-Lived Intangible Assets, Amortization Expense	$ 54	$ 135

Goodwill And Intangible Asset_3

Goodwill And Intangible Assets (Summary Of Goodwill) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Goodwill [Line Items]
Beginning balance	$ 25,504
Foreign currency translation adjustment	(232)
Ending balance	25,272
Cinema [Member]
Goodwill [Line Items]
Beginning balance	20,280
Foreign currency translation adjustment	(232)
Ending balance	20,048
Real Estate [Member]
Goodwill [Line Items]
Beginning balance	5,224
Ending balance	$ 5,224

Goodwill And Intangible Asset_4

Goodwill And Intangible Assets (Summary Of Intangible Assets Other Than Goodwill) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 26,141	$ 26,189
Less: Accumulated amortization	(23,809)	(23,758)
Less: Impairments	(40)	(40)
Net intangible assets other than goodwill	2,292	2,391
Beneficial Leases [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	12,191	12,216
Less: Accumulated amortization	(11,954)	(11,964)
Net intangible assets other than goodwill	237	252
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	9,058	9,058
Less: Accumulated amortization	(7,878)	(7,838)
Net intangible assets other than goodwill	1,180	1,220
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	4,892	4,915
Less: Accumulated amortization	(3,977)	(3,956)
Less: Impairments	(40)	(40)
Net intangible assets other than goodwill	$ 875	$ 919

Goodwill And Intangible Asset_5

Goodwill And Intangible Assets (Summary Of Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization	$ 69	$ 157
Beneficial Lease Amortization [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization	15	22
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization	$ 54	$ 135

Investments In Unconsolidated_3

Investments In Unconsolidated Joint Ventures (Narrative) (Details) - item	Mar. 31, 2023	Dec. 31, 2022
Investments In Unconsolidated Joint Ventures [Abstract]
Number of joint venture investments	2	2

Investments In Unconsolidated_4

Investments In Unconsolidated Joint Ventures (Summary Of The Investments In Unconsolidated Joint Ventures And Entities) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]
Total Joint Ventures	$ 4,707	$ 4,756
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Interest	33.30%
Total Joint Ventures	$ 3,837	3,836
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Interest	50%
Total Joint Ventures	$ 870	$ 920

Investments In Unconsolidated_5

Investments In Unconsolidated Joint Ventures (Summary Of Equity Earnings (Losses) From Investments In Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Schedule of Equity Method Investments [Line Items]
Total equity earnings	$ 19	$ (65)
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Total equity earnings	60	20
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Total equity earnings	$ (41)	$ (85)

Prepaid And Other Assets (Detai

Prepaid And Other Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Prepaid And Other Assets [Abstract]
Prepaid expenses	$ 2,295	$ 1,859
Prepaid taxes	2,025	1,687
Income taxes receivable	61
Prepaid rent	1,256
Deposits	242	233
Other receivables	11
Interest receivable		8
Investment in marketable securities	15	17
Total prepaid and other current assets	5,905	3,804
Other non-cinema and non-rental real estate assets	1,134	1,134
Investment in Reading International Trust I	838	838
Straight-line rent asset	8,442	8,302
Long-term deposits	8	10
Total other non-current assets	$ 10,422	$ 10,284

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Taxes [Abstract]
Effective tax rate	4.10%	2.40%

Borrowings (Bank Of America Cre

Borrowings (Bank Of America Credit Facility) (Narrative) (Details) - Bank Of America Credit Facility [Member] - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	May 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 55,000,000
Payment in kind interest rate		0.50%
Maturity date		Sep. 04, 2024	Mar. 01, 2024
Scenario, Forecast [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment	$ 725,000
Floor Rate [Member]
Debt Instrument [Line Items]
Spread on variable rate		1%
Prime Rate [Member]
Debt Instrument [Line Items]
Spread on variable rate		3%

Borrowings (Bank Of America Lin

Borrowings (Bank Of America Line Of Credit) (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Contractual facility	$ 225,401	$ 227,633

Borrowings (Minetta And Orpheum

Borrowings (Minetta And Orpheum Theatres Loan) (Narrative) (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Oct. 12, 2018	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Loan amount		$ 225,401	$ 227,633
Minetta And Orpheum Theatres Loan [Member]
Debt Instrument [Line Items]
Loan amount	$ 7,500	$ 8,000	$ 8,000
Minetta And Orpheum Theatres Loan [Member] | Santander Bank [Member]
Debt Instrument [Line Items]
Loan amount	$ 8,000
Debt instrument term		5 years

Borrowings (U.S. Corporate Offi

Borrowings (U.S. Corporate Office Term Loan) (Narrative) (Details) - USD ($) $ in Thousands			3 Months Ended	12 Months Ended
	Jun. 26, 2017	Dec. 13, 2016	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Contractual facility			$ 225,401	$ 227,633
U.S. Corporate Office Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument term		10 years
Contractual facility		$ 8,400	$ 8,607	$ 8,674
Interest rate	4.44%	4.64%
Debt increase	$ 1,500

Borrowings (Union Square Constr

Borrowings (Union Square Construction Financing) (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Emerald Creek Capital [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 55
Union Square Construction Financing [Member]
Debt Instrument [Line Items]
Maturity date	May 06, 2024	May 06, 2024
Floor Rate [Member] | Emerald Creek Capital [Member]
Debt Instrument [Line Items]
Spread on variable rate	7%
London Interbank Offered Rate (LIBOR) [Member] | Emerald Creek Capital [Member]
Debt Instrument [Line Items]
Spread on variable rate	6.90%

Borrowings (Cinema 1, 2, 3 Term

Borrowings (Cinema 1, 2, 3 Term Loan) (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Mar. 13, 2020
Debt Instrument [Line Items]
Contractual facility	$ 225,401	$ 227,633
Sutton Hill Properties, LLC [Member]
Debt Instrument [Line Items]
Ownership percentage by parent	75%
US Cinema 1, 2, 3 Term Loan [Member]
Debt Instrument [Line Items]
Contractual facility	$ 22,341	$ 22,455
Interest rate			4.25%
Maturity date	Jul. 03, 2023	Apr. 01, 2023

Borrowings (Purchase Money Prom

Borrowings (Purchase Money Promissory Note) (Narrative) (Details) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
	Sep. 18, 2019	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Purchase Money Promissory Note [Member]
Debt Instrument [Line Items]
Maturity date	Sep. 18, 2024	Sep. 18, 2024		Sep. 18, 2024
Interest rate	5%
Payment to repurchase shares	$ 3.5
Class A [Member]
Debt Instrument [Line Items]
Shares repurchased plan, shares		0	0
Class A [Member] | Purchase Money Promissory Note [Member]
Debt Instrument [Line Items]
Shares repurchased plan, shares	407,000
Payment to repurchase shares	$ 5.5

Borrowings (Australian NAB Corp

Borrowings (Australian NAB Corporate Term Loan (AU)) (Narrative) (Details) - AUD ($)			3 Months Ended
	Dec. 29, 2020	Mar. 15, 2019	Mar. 31, 2023
Australian NAB Corporate Loan Facility Tier 3 [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 100,000,000
Spread on variable interest rate			1.75%
Australian NAB Corporate Loan Facility Tier 3 [Member] | Bank Guarantee Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 5,000,000
Spread on variable interest rate		1.85%
Australian NAB Corporate Loan Facility Tier 3 [Member] | Core Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 40,000,000
Australian NAB Corporate Loan Facility Tier 3 [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 60,000,000
Jindalee, Queensland [Member] | NAB Australian Corporate Term Loan And Revolver Tier 1, 2, 3 [Member]
Debt Instrument [Line Items]
Semi-Annual principal payment			$ 500,000
Increased amount of credit line	$ 3,000,000

Borrowings (Westpac Bank Corpor

Borrowings (Westpac Bank Corporate Credit Facility (NZ)) (Narrative) (Details) $ in Thousands, $ in Millions	3 Months Ended			12 Months Ended
	Mar. 31, 2023 USD ($)	Mar. 31, 2023 NZD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Contractual facility	$ 225,401			$ 227,633
Repayment of long-term borrowings	1,116		$ 1,540
Westpac Bank Corporate Credit Facility [Member]
Debt Instrument [Line Items]
Contractual facility	$ 8,679	$ 13.8		$ 8,777
Maturity date	Jan. 01, 2024	Jan. 01, 2024		Jan. 01, 2024
Interest rate	2.40%	2.40%
Westpac Bank Corporate Credit Facility [Member] | Bank Bill Swap Bid Rate [Member]
Debt Instrument [Line Items]
Interest rate	1.65%	1.65%

Borrowings (Summary Of Borrowin

Borrowings (Summary Of Borrowings) (Details) $ in Thousands, $ in Millions				3 Months Ended		12 Months Ended
	Sep. 18, 2019	Oct. 12, 2018 USD ($)	Dec. 13, 2016 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2023 NZD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Contractual Facility				$ 225,401		$ 227,633
Balance Gross				213,401		215,633
Balance Net				211,579		213,664
Deferred financing costs, net				$ 1,800		$ 2,000
Trust Preferred Securities [Member]
Debt Instrument [Line Items]
Maturity Date				Apr. 30, 2027	Apr. 30, 2027	Apr. 30, 2027
Contractual Facility				$ 27,913		$ 27,913
Balance Gross				27,913		27,913
Balance Net				$ 27,005		$ 26,950
Stated Interest Rate				8.80%	8.80%	8.41%
Effective Interest Rate				8.80%		8.41%
Bank Of America Credit Facility [Member]
Debt Instrument [Line Items]
Maturity Date				Sep. 04, 2024	Sep. 04, 2024	Mar. 01, 2024
Contractual Facility				$ 26,000		$ 26,750
Balance Gross				26,000		26,750
Balance Net				$ 25,823		$ 26,663
Stated Interest Rate				10.50%	10.50%	10%
Effective Interest Rate				10.50%		10%
US Cinema 1, 2, 3 Term Loan [Member]
Debt Instrument [Line Items]
Maturity Date				Jul. 03, 2023	Jul. 03, 2023	Apr. 01, 2023
Contractual Facility				$ 22,341		$ 22,455
Balance Gross				22,341		22,455
Balance Net				$ 22,167		$ 22,208
Stated Interest Rate				6.63%	6.63%	6.63%
Effective Interest Rate				6.63%		6.63%
Minetta And Orpheum Theatres Loan [Member]
Debt Instrument [Line Items]
Maturity Date				Nov. 01, 2023	Nov. 01, 2023	Nov. 01, 2023
Contractual Facility		$ 7,500		$ 8,000		$ 8,000
Balance Gross				8,000		8,000
Balance Net				$ 7,982		$ 7,974
Stated Interest Rate				6%	6%	7.12%
Effective Interest Rate				5.15%		6%
Derivative, Fixed Interest Rate						5.15%
U.S. Corporate Office Term Loan [Member]
Debt Instrument [Line Items]
Maturity Date				Jan. 01, 2027	Jan. 01, 2027	Jan. 01, 2027
Contractual Facility			$ 8,400	$ 8,607		$ 8,674
Balance Gross				8,607		8,674
Balance Net				$ 8,550		$ 8,613
Effective Interest Rate				4.61%		4.64%
Union Square Construction Financing [Member]
Debt Instrument [Line Items]
Maturity Date				May 06, 2024	May 06, 2024	May 06, 2024
Contractual Facility				$ 55,000		$ 55,000
Balance Gross				43,000		43,000
Balance Net				$ 42,571		$ 42,484
Stated Interest Rate				11.68%	11.68%	11.25%
Effective Interest Rate				7.40%		7.40%
Derivative, Fixed Interest Rate						7.40%
Purchase Money Promissory Note [Member]
Debt Instrument [Line Items]
Maturity Date	Sep. 18, 2024			Sep. 18, 2024	Sep. 18, 2024	Sep. 18, 2024
Contractual Facility				$ 1,149		$ 1,333
Balance Gross				1,149		1,333
Balance Net				$ 1,149		$ 1,333
Stated Interest Rate				5%	5%	5%
Effective Interest Rate				5%		5%
NAB Australian Corporate Term Loan [Member]
Debt Instrument [Line Items]
Maturity Date				Jun. 30, 2024	Jun. 30, 2024	Jun. 30, 2024
Contractual Facility				$ 67,712		$ 68,731
Balance Gross				67,712		68,731
Balance Net				$ 67,653		$ 68,662
Stated Interest Rate				5.43%	5.43%	4.82%
Effective Interest Rate				5.43%		4.82%
Westpac Bank Corporate Credit Facility [Member]
Debt Instrument [Line Items]
Maturity Date				Jan. 01, 2024	Jan. 01, 2024	Jan. 01, 2024
Contractual Facility				$ 8,679	$ 13.8	$ 8,777
Balance Gross				8,679		8,777
Balance Net				$ 8,679		$ 8,777
Stated Interest Rate				7.45%	7.45%	6.95%
Effective Interest Rate				7.45%		6.95%
Minimum [Member] | U.S. Corporate Office Term Loan [Member]
Debt Instrument [Line Items]
Stated Interest Rate				4.44%	4.44%	4.44%
Maximum [Member] | U.S. Corporate Office Term Loan [Member]
Debt Instrument [Line Items]
Stated Interest Rate				4.64%	4.64%	4.64%

Borrowings (Schedule Of Long-te

Borrowings (Schedule Of Long-term Debt Instruments, Net Of The Deferred Financing Costs) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Borrowings [Abstract]
Debt – current portion	$ 47,345	$ 37,279
Debt – long-term portion	136,473	148,688
Subordinated debt - current portion	756	747
Subordinated debt - long-term portion	27,005	26,950
Total borrowings	$ 211,579	$ 213,664

Other Liabilities (Narrative) (

Other Liabilities (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Other Liabilities [Abstract]
Service cost	$ 0	$ 0
Interest cost	50,000	56,000
Actuarial loss (gain)	52,000	$ 52,000
Accrued pension costs included in other liabilities	$ 3,700,000

Other Liabilities (Summary Of O

Other Liabilities (Summary Of Other Liabilities Including Pension) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Other Liabilities [Abstract]
Accrued pension	$ 684	$ 684
Security deposit payable	88	68
Finance lease liabilities	20	28
Other	32	33
Other current liabilities	824	813
Lease make-good provision	6,124	6,131
Accrued pension	3,017	3,138
Deferred rent liability	2,412	2,484
Environmental reserve	1,656	1,656
Lease liability	5,900	5,900
Acquired leases	10	11
Other non-current liabilities	$ 19,119	$ 19,320

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ 63,279	$ 105,060
Net change related to derivatives	(582)	800
Net current-period other comprehensive income	(1,294)	3,525
Balance	50,972	93,494
Foreign Currency Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(697)
Net current-period other comprehensive income	(763)
Balance	(1,460)
Unrealized Gain (Losses) On Available-For-Sale Investments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(18)
Balance	(18)
Accrued Pension Service Costs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(1,822)
Net current-period other comprehensive income	52
Balance	(1,770)
Hedge Accounting Reserve [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	580
Total change in hedge fair value recorded in Other Comprehensive Income	(18)
Amounts reclassified from accumulated other comprehensive income	(564)
Net change related to derivatives	(582)
Net current-period other comprehensive income	(582)
Balance	(2)
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(1,957)	4,882
Total change in hedge fair value recorded in Other Comprehensive Income	(18)
Amounts reclassified from accumulated other comprehensive income	(564)
Net change related to derivatives	(582)
Net current-period other comprehensive income	(1,293)	3,524
Balance	$ (3,250)	$ 8,406

Commitments And Contingencies (

Commitments And Contingencies (Details) - California Employment Litigation [Member] - USD ($)	Feb. 19, 2024	May 18, 2023	Jul. 13, 2021
Commitments And Contingencies [Line Items]
Settlement awarded			$ 4,000,000
Scenario, Forecast [Member]
Commitments And Contingencies [Line Items]
Settlement awarded	$ 1,351,000	$ 1,351,000

Non-controlling Interests (Narr

Non-controlling Interests (Narrative) (Details)	Mar. 31, 2023
Australian Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	25%
Sutton Hill Properties, LLC [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	25%
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	50%
Sutton Hill Capital, LLC [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	50%

Non-controlling Interests (Comp

Non-controlling Interests (Components Of Non-controlling Interests) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$ 209	$ 423
Australian Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	36	26
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	(3)	(3)
Sutton Hill Properties, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$ 176	$ 400

Non-controlling Interests (Co_2

Non-controlling Interests (Components Of Income Attributable To Non-controlling Interest) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries	$ (213)	$ (99)
Australian Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries	10	(11)
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries		(1)
Sutton Hill Properties, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries	$ (223)	$ (87)

Non-controlling Interests (Summ

Non-controlling Interests (Summary Of Changes In Controlling And Non-controlling Stockholders’ Equity) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Balance	$ (40,407)
Balance	63,279	$ 105,060
Net income (loss)	(11,324)	(15,453)
Other comprehensive income, net	(1,294)	3,525
Share-based compensation expense	443	415
Restricted Stock Units	(132)	(31)
Distributions to noncontrolling stockholders		(22)
Balance	50,972	93,494
Balance	(40,407)
Additional Paid-In Capital [Member]
Balance	153,784	151,981
Share-based compensation expense	443	415
Restricted Stock Units	(132)	(32)
Balance	154,095	152,364
Retained Earnings (Accumulated Deficit) [Member]
Balance	(48,816)	(12,632)
Net income (loss)	(11,111)	(15,354)
Balance	(59,927)	(27,986)
Treasury Shares [Member]
Balance	(40,407)	(40,407)
Balance	(40,407)	(40,407)
Accumulated Other Comprehensive Income (Loss) [Member]
Balance	(1,957)	4,882
Other comprehensive income, net	(1,293)	3,524
Balance	(3,250)	8,406
Reading International Inc. Stockholders' Equity [Member]
Balance	62,856	104,074
Net income (loss)	(11,111)	(15,354)
Other comprehensive income, net	(1,293)	3,524
Share-based compensation expense	443	415
Restricted Stock Units	(132)	(31)
Balance	50,763	92,628
Noncontrolling Interests [Member]
Balance	423	986
Net income (loss)	(213)	(99)
Other comprehensive income, net	(1)	1
Distributions to noncontrolling stockholders		(22)
Balance	$ 209	866
Class A [Member]
Balance, shares	20,412,185
Balance, shares	20,501,150
Class A [Member] | Common Stock Shares Outstanding [Member]
Balance	$ 235	$ 233
Balance, shares	20,410	20,260
Restricted Stock Units		$ 1
Restricted Stock Units, shares	89	52
Balance	$ 235	$ 234
Balance, shares	20,499	20,312
Class B [Member]
Balance, shares	1,680,590
Balance, shares	1,680,590
Class B [Member] | Common Stock Shares Outstanding [Member]
Balance	$ 17	$ 17
Balance, shares	1,680	1,680
Balance	$ 17	$ 17
Balance, shares	1,680	1,680

Share-Based Compensation and St

Share-Based Compensation and Stock Repurchases (Narrative) (Details) - USD ($)		1 Months Ended	3 Months Ended		12 Months Ended	75 Months Ended
	Mar. 05, 2020	Apr. 30, 2021	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Mar. 31, 2023	Mar. 10, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Repurchase program, amount authorized			$ 26,000,000			$ 26,000,000
Number of Stock Options, Granted			0
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense			$ 9,000	$ 53,000
Unrecognized estimated compensation cost related to non-vested stock options granted			$ 27,000			27,000
Recognition period of unrecognized compensation cost			9 months
Share price			$ 3.25
Intrinsic unrealized value of all options outstanding, vested and expected to vest
Minimum [Member] | 2020 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock options and RSU			1 year
Maximum [Member] | 2020 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock options and RSU			4 years
Stock option expiry period			5 years
Class A Nonvoting Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share price						$ 13.39
Shares repurchased plan, shares						1,792,819
Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares repurchased plan, shares			0	0
Class A [Member] | 2020 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock authorized for issuance			1,250,000			1,250,000
Common Stock shares remaining for future issuances			234,955			234,955
Class A [Member] | Maximum [Member] | 2020 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional shares authorized			316,902
$25 Million Stock Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Repurchase program, amount authorized							$ 25,000,000
$25 Million Stock Repurchase Program [Member] | Class A Nonvoting Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share price	$ 7.30
Shares repurchased plan, shares	25,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense			$ 434,000	$ 363,000
Unrecognized estimated compensation cost related to non-vested stock options granted			$ 2,800,000			$ 2,800,000
Vesting period of stock options and RSU			1 year 6 months 21 days
Number of options, Granted			1,561,690		295,549
Executive Officer [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock options and RSU			4 years
Executive Officer [Member] | Restricted Stock Units (RSUs) [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage		75%
Executive Officer [Member] | Restricted Stock Units (RSUs) [Member] | Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage		25%
Directors [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted			339,438		129,796
Management [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock options and RSU			4 years
Percentage of shares vested			25%
Number of options, Granted			1,222,252		165,753
Non-employee Director [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock options and RSU			1 year
Chief Executive Officer [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock options and RSU			4 years
Chief Executive Officer [Member] | Restricted Stock Units (RSUs) [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage		50%
Chief Executive Officer [Member] | Restricted Stock Units (RSUs) [Member] | Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage		50%

Share-Based Compensation And _2

Share-Based Compensation And Stock Repurchase Plans (Summary Of Stock Options Outstanding And Exercisable) (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Granted	0
Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Beginning balance	327,498	517,344
Number of Stock Options, Forfeited		(189,846)
Number of Stock Options Outstanding, Ending balance	327,498	327,498	517,344
Weighted Average Exercise Price of Options Outstanding, Beginning price	$ 15.87	$ 15.42
Weighted Average Exercise Price of Options Outstanding, Forfeited		14.63
Weighted Average Exercise Price of Options Outstanding, Ending price	$ 15.51	$ 15.87	$ 15.42
Weighted Average Remaining Years of Contractual Life	8 months 15 days	1 year 2 months 26 days	1 year 7 months 28 days

Share-Based Compensation And _3

Share-Based Compensation And Stock Repurchase Plans (Schedule Of Restricted Stock Units Issued And Vested) (Details) - Restricted Stock Units (RSUs) [Member] - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	1,561,690	295,549
Number of options, Vesting	740,078	287,958
Number of options, Unvested	783,063
Number of options, Forfeited	38,549	7,591
Award Date 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	287,163
Number of options, Vesting	211,679
Number of options, Unvested	48,402
Number of options, Forfeited	27,082
Award Date 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	43,260
Number of options, Vesting	42,084
Number of options, Forfeited	1,176
Award Date 3 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	71,543
Number of options, Vesting	71,543
Award Date 4 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	262,830
Number of options, Vesting	45,403
Number of options, Unvested	217,427
Award Date 5 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	22,888
Number of options, Vesting	5,536
Number of options, Unvested	15,855
Number of options, Forfeited	1,497
Award Date 6 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	26,924
Number of options, Vesting	26,924
Award Date 7 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	48,951
Number of options, Vesting	48,951
Award Date 8 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	428,899
Number of options, Unvested	427,696
Number of options, Forfeited	1,203
Award Date 9 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	73,683
Number of options, Unvested	73,683
Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	339,438	129,796
Directors [Member] | Award Date 3 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	60,084
Directors [Member] | Award Date 6 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	26,924
Directors [Member] | Award Date 7 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	48,951
Directors [Member] | Award Date 9 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	73,683
Management [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	1,222,252	165,753
Management [Member] | Award Date 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	287,163
Management [Member] | Award Date 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	43,260
Management [Member] | Award Date 3 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	11,459
Management [Member] | Award Date 4 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	262,830
Management [Member] | Award Date 5 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	22,888
Management [Member] | Award Date 8 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted	428,899

Hedge Accounting (Narrative) (D

Hedge Accounting (Narrative) (Details) - Designated as Hedging Instrument [Member] - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 51,000,000	$ 51,000,000
Derivative ineffective portion	0
Derivative loss	$ 0

Hedge Accounting (Schedule Of D

Hedge Accounting (Schedule Of Derivative Instruments On The Balance Sheet At Fair Value) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Derivatives, Fair Value [Line Items]
Total derivatives designated as hedging instruments
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration]	Derivative Instruments and Hedges, Assets	Derivative Instruments and Hedges, Assets
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments - current portion	$ 293	$ 907
Derivative financial instruments - non-current portion
Total derivatives designated as hedging instruments	293	907
Derivative financial instruments - non-current portion
Total derivatives designated as hedging instruments
Interest Rate Contracts [Member] | Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments - current portion

Hedge Accounting (Schedule Of C

Hedge Accounting (Schedule Of Changes in Fair value) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Income on Derivatives	$ (564)	$ 69
Interest Rate Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Income on Derivatives	$ (564)	$ 69
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest Expense
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]		Interest Expense

Hedge Accounting (Summary Of He

Hedge Accounting (Summary Of Hedged Transactions That Affect Earnings) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest Expense	Interest Expense
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Income on Derivatives (Effective Portion)	$ 18	$ (731)
Loss Reclassified from OCI into Income (Effective Portion)	(564)	69
Designated as Hedging Instrument [Member] | Interest Rate Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Income on Derivatives (Effective Portion)	$ 18	$ (731)

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers of assets and liabilities between level 1, 2, 3	$ 0	$ 0
Derivative Liability
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	$ 293,000	$ 907,000

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule Of Fair Value Carried At Cost And Measured On A Nonrecurring Basis) (Details) - Nonrecurring [Member] - USD ($) $ in Thousands		Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable		$ 169,305	$ 172,230
Subordinated debt		25,203	25,025
Financial liabilities total		194,508	197,255
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable		169,305	172,230
Subordinated debt		25,203	25,025
Financial liabilities total		194,508	197,255
Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable	[1]	184,339	186,387
Subordinated debt	[1]	29,062	29,246
Financial liabilities total	[1]	$ 213,401	$ 215,633
[1] These balances are presented before any deduction for deferred financing costs.