Reading International (RDI) 10-K 29 Mar 24 2023 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 28, 2024	Jun. 30, 2023
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Entity File Number	1-8625
Amendment Flag	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
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
Entity Address, Address Line Two	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
ICFR Auditor Attestation Flag	false
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Entity Small Business	true
Entity Emerging Growth Company	false
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 55,076,350
Documents Incorporated by Reference	Documents Incorporated by Reference Certain portions of the registrant’s definitive Proxy Statement for the 2024 annual meeting of the stockholders to be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year ended December 31 , 2023 are incorporated by reference into Part III of this Annual Report on Form 10-K.
Auditor Firm ID	248
Auditor Location	Los Angeles, California
Auditor Name	GRANT THORNTON LLP
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		20,675,185
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	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 12,906	$ 29,947
Restricted cash	2,535	5,032
Receivables	7,561	6,206
Inventories	1,648	1,616
Derivative financial instruments - current portion		907
Prepaid and other current assets	2,881	3,804
Asset groups held for sale	11,179
Total current assets	38,710	47,512
Operating properties, net	262,417	286,952
Operating lease right-of-use assets	181,542	200,417
Investment and development properties, net	8,789	8,792
Investment in unconsolidated joint ventures	4,756	4,756
Goodwill	25,535	25,504
Intangible assets, net	2,038	2,391
Deferred tax assets, net	299	447
Other assets	8,965	10,284
Total assets	533,051	587,055
Current Liabilities:
Accounts payable and accrued liabilities	43,828	42,590
Film rent payable	6,038	5,678
Debt - current portion	34,484	37,279
Subordinated debt - current portion	586	747
Taxes payable	1,376	300
Deferred current revenue	10,993	10,286
Operating lease liabilities - current portion	23,047	23,971
Other current liabilities	6,731	813
Total current liabilities	127,083	121,664
Debt - long-term portion	146,605	148,688
Subordinated debt - non-current portion	27,172	26,950
Noncurrent tax liabilities	6,586	7,117
Operating lease liabilities - non-current portion	180,898	200,037
Other non-current liabilities	11,711	19,320
Total liabilities	500,055	523,776
Commitments and contingencies
Stockholders' equity:
Nonvoting preferred shares, par value $0.01, 12,000 shares authorized and no issued or outstanding shares at December 31, 2023 and 2022
Additional paid-in capital	155,402	153,784
Retained earnings (accumulated deficit)	(79,489)	(48,816)
Treasury shares, at cost	(40,407)	(40,407)
Accumulated other comprehensive income	(2,673)	(1,957)
Total Reading International, Inc. ("RDI") Stockholders’ Equity	33,087	62,856
Noncontrolling Interests	(91)	423
Total Stockholders' Equity	32,996	63,279
Total Liabilities and Stockholders’ Equity	533,051	587,055
Class A [Member]
Stockholders' equity:
Common stock	237	235
Class B [Member]
Stockholders' equity:
Common stock	$ 17	$ 17

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 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	33,602,627	33,348,295
Common stock, shares outstanding	20,666,516	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 Oper

Consolidated Statements Of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Total revenues	$ 222,744	$ 203,115	$ 139,060
Costs and expenses
Depreciation and amortization	(18,422)	(20,918)	(22,746)
General and administrative	(20,172)	(21,416)	(25,100)
Impairment of long-lived assets	0	(1,549)
Total costs and expenses	(234,775)	(231,598)	(180,853)
Operating income (loss)	(12,031)	(28,483)	(41,793)
Interest expense, net	(19,418)	(14,392)	(13,688)
Gain (loss) on sale of assets	562	(54)	92,219
Other income (expense)	(164)	6,817	3,762
Income (loss) before income tax expense and equity earnings of unconsolidated joint ventures	(31,051)	(36,112)	40,500
Equity earnings of unconsolidated joint ventures	456	271	258
Income (loss) before income taxes	(30,595)	(35,841)	40,758
Income tax benefit (expense)	(590)	(819)	(5,944)
Net income (loss)	(31,185)	(36,660)	34,814
Less: net income (loss) attributable to noncontrolling interests	(512)	(476)	2,893
Net income (loss) attributable to Reading International, Inc.	$ (30,673)	$ (36,184)	$ 31,921
Basic earnings (loss) per share	$ (1.38)	$ (1.64)	$ 1.46
Diluted earnings (loss) per share	$ (1.38)	$ (1.64)	$ 1.42
Weighted average number of shares outstanding-basic	22,222,635	22,020,921	21,801,719
Weighted average number of shares outstanding-diluted	23,347,308	22,956,245	22,406,816
Cinema [Member]
Revenues
Total revenues	$ 207,641	$ 191,321	$ 126,812
Costs and expenses
Costs and expenses	(187,418)	(178,768)	(122,901)
Real Estate [Member]
Revenues
Total revenues	15,103	11,794	12,248
Costs and expenses
Costs and expenses	$ (8,763)	$ (8,947)	$ (10,106)

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements Of Comprehensive Income [Abstract]
Net income (loss)	$ (31,185)	$ (36,660)	$ 34,814
Foreign currency translation gain (loss)	(290)	(7,543)	(8,123)
Gain (loss) on cash flow hedges	(580)	557	340
Other	153	143	164
Comprehensive income (loss)	(31,902)	(43,503)	27,195
Less: net income (loss) attributable to noncontrolling interests	(512)	(476)	2,893
Less: comprehensive income (loss) attributable to noncontrolling interests	(1)	(4)	1
Comprehensive income (loss)	$ (31,389)	$ (43,023)	$ 24,301

Consolidated Statements Of Stoc

Consolidated Statements Of Stockholders' Equity - USD ($) $ in Thousands	Common Shares [Member] Class A [Member]	Common Shares [Member] Class B [Member]	Additional Paid-In Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Treasury Shares [Member]	Accumulated Other Comprehensive Income/(Loss) [Member]	Reading International Inc. Stockholders' Equity [Member]	Noncontrolling Interests [Member]	Class A [Member]	Class B [Member]	Total
Balance at Dec. 31, 2020	$ 231	$ 17	$ 149,979	$ (44,553)		$ 12,502	$ 77,769	$ 3,404			$ 81,173
Balance, shares at Dec. 31, 2020	20,069,000	1,680,000			(40,407,000)
Net income (loss)				31,921			31,921	2,893			34,814
Other comprehensive income, net						(7,620)	(7,620)	1			(7,619)
Share-based compensation expense			2,152				2,152				2,152
Restricted Stock Units	$ 2		(150)				(148)				(148)
Restricted Stock Units, shares	191,000
Contributions from noncontrolling stockholders								3			3
Distributions to noncontrolling stockholders								(5,315)			(5,315)
Balance at Dec. 31, 2021	$ 233	$ 17	151,981	(12,632)		4,882	104,074	986			105,060
Balance, shares at Dec. 31, 2021	20,260,000	1,680,000			(40,407,000)
Net income (loss)				(36,184)			(36,184)	(476)			(36,660)
Other comprehensive income, net						(6,839)	(6,839)	(4)			(6,843)
Share-based compensation expense			1,888				1,888				1,888
Restricted Stock Units	$ 2		(85)				(83)				(83)
Restricted Stock Units, shares	150,000
Contributions from noncontrolling stockholders								4			4
Distributions to noncontrolling stockholders								(87)			(87)
Balance at Dec. 31, 2022	$ 235	$ 17	153,783	(48,816)	$ (40,407)	(1,957)	62,856	423			63,279
Balance, shares at Dec. 31, 2022	20,410,000	1,680,000							20,412,185	1,680,590
Net income (loss)				(30,673)			(30,673)	(512)			(31,185)
Other comprehensive income, net						(716)	(716)	(1)			(717)
Share-based compensation expense			1,864				1,864				1,864
Restricted Stock Units	$ 2		(245)				(243)				(243)
Restricted Stock Units, shares	254,000
Balance at Dec. 31, 2023	$ 237	$ 17	$ 155,402	$ (79,489)		$ (2,673)	$ 33,087	$ (91)			$ 32,996
Balance, shares at Dec. 31, 2023	20,664,000	1,680,000			(40,407,000)				20,666,516	1,680,590

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Activities
Net income (loss)	$ (31,185)	$ (36,660)	$ 34,814
Adjustments to reconcile net income to net cash flows from operating activities:
Equity earnings of unconsolidated joint ventures	(456)	(271)	(258)
Distributions of earnings from unconsolidated joint ventures	465	278
Gain recognized on foreign currency transactions	10	(3,338)	(2,085)
Net loss (gain) on sale of assets	(562)	54	(92,219)
Amortization of operating leases	19,020	22,769	23,357
Amortization of finance leases	25	38	49
Change in operating lease liabilities	(20,230)	(23,013)	(21,506)
Interest on hedged derivatives			(56)
Change in net deferred tax assets	149	1,647	967
Purchase of derivative instruments		(86)	(62)
Depreciation and amortization	18,422	20,918	22,746
Impairment of long-lived assets		1,549	0
Other amortization	1,696	1,644	1,368
Stock-based compensation expense	1,863	1,888	2,152
Net changes in operating assets and liabilities:
Receivables	(1,325)	978	(2,817)
Prepaid and other assets	1,272	(2,614)	2,122
Payments for accrued pension	(683)	(683)	(683)
Accounts payable and accrued expenses	1,066	806	6,313
Film rent payable	359	(1,184)	4,725
Taxes payable	1,289	(10,182)	10,943
Deferred revenue and other liabilities	(930)	(889)	(3,368)
Net cash provided by (used in) operating activities	(9,735)	(26,351)	(13,498)
Investing Activities
Proceeds from sale of assets	1,774		145,165
Purchases of and additions to operating and investment properties	(4,473)	(9,391)	(15,555)
Contributions to unconsolidated joint ventures		(95)
Net cash provided by (used in) investing activities	(2,699)	(9,486)	129,610
Financing Activities
Repayment of long-term borrowings	(9,667)	(15,980)	(88,417)
Repayment of finance lease principal	(28)	(40)	(49)
Proceeds from borrowings	4,141		45,337
Capitalized borrowing costs	(869)	(371)	(1,691)
Proceeds (payments) from stock option exercises	(244)	(83)	(148)
Noncontrolling interest contributions		4	3
Noncontrolling interest distributions		(87)	(5,315)
Net cash provided by (used in) financing activities	(6,667)	(16,557)	(50,280)
Effect of exchange rate on cash and restricted cash	(437)	(1,198)	(4,095)
Net increase (decrease) in cash and cash equivalents and restricted cash	(19,538)	(53,592)	61,737
Cash and cash equivalents and restricted cash at the beginning of the year	34,979	88,571	26,834
Cash and cash equivalents and restricted cash at the end of the year	15,441	34,979	88,571
Cash and cash equivalents and restricted cash consists of:
Cash and cash equivalents	12,906	29,947	83,251
Restricted cash	2,535	5,032	5,320
Total	15,441	34,979	88,571
Supplemental Disclosures
Interest paid	18,497	13,074	12,394
Income taxes paid (refunded), net	(639)	9,386	(6,479)
Non-Cash Transactions
Lease make-good accrual	21	(1,567)	288
Additions to operating and investing properties through accrued expenses	$ 3,768	$ 3,545	$ 3,177

Description Of Business And Seg

Description Of Business And Segment Reporting	12 Months Ended
	Dec. 31, 2023
Description Of Business And Segment Reporting [Abstract]
Description Of Business And Segment Reporting	NOTE 1 – DESCRIPTION OF BUSINESS AND SEGMENT REPORTING The 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 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 Our business is comprised of two operating segments, as follows: (i) cinema exhibition and (ii) real estate. Each of these segments has discrete and separate financial information and for which operating results are evaluated regularly by our Chief Executive Officer, the chief operating decision-maker of the Company. As part of our real estate activities, we have historically held undeveloped land in urban and suburban centers in the United States, Australia, and New Zealand. However, in 2021, and 2023, we monetized certain raw landholdings and other real estate assets as detailed at Note 5 – Real Estate Transactions . The tables below summarize the results of operations for each of our business segments. 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. 2023 2022 2021 (Dollars in thousands) Cinema Real Estate Total Cinema Real Estate Total Cinema Real Estate Total Revenue - third party $ 207,641 $ 15,103 $ 222,744 $ 191,321 $ 11,794 $ 203,115 $ 126,812 $ 12,248 $ 139,060 Inter-segment revenue (1) — 4,767 4,767 — 5,023 5,023 — 515 515 Total segment revenue 207,641 19,870 227,511 191,321 16,817 208,138 126,812 12,763 139,575 Operating expense Operating Expense - Third Party ( 187,418 ) ( 8,763 ) ( 196,181 ) ( 178,768 ) ( 8,947 ) ( 187,715 ) ( 122,901 ) ( 10,106 ) ( 133,007 ) Inter-Segment Operating Expenses (1) ( 4,767 ) — ( 4,767 ) ( 5,023 ) — ( 5,023 ) ( 515 ) — ( 515 ) Total of services and products (excluding depreciation and amortization) ( 192,185 ) ( 8,763 ) ( 200,948 ) ( 183,791 ) ( 8,947 ) ( 192,738 ) ( 123,416 ) ( 10,106 ) ( 133,522 ) Depreciation and amortization ( 11,335 ) ( 6,376 ) ( 17,711 ) ( 13,351 ) ( 6,495 ) ( 19,846 ) ( 14,422 ) ( 7,092 ) ( 21,514 ) Impairment of long-lived assets — — — ( 1,549 ) — ( 1,549 ) — — — General and administrative expense ( 3,997 ) ( 940 ) ( 4,937 ) ( 4,346 ) ( 869 ) ( 5,215 ) ( 7,611 ) ( 920 ) ( 8,531 ) Total operating expense ( 207,517 ) ( 16,079 ) ( 223,596 ) ( 203,037 ) ( 16,311 ) ( 219,348 ) ( 145,449 ) ( 18,118 ) ( 163,567 ) Segment operating income (loss) $ 124 $ 3,791 $ 3,915 $ ( 11,716 ) $ 506 $ ( 11,210 ) $ ( 18,637 ) $ ( 5,355 ) $ ( 23,992 ) (1) Inter-segment Revenues and Operating Expense relates to the internal charge between the two segments where the cinema operates within real estate owned within the group. A reconciliation of segment operating income to income before income taxes is as follows: (Dollars in thousands) 2023 2022 2021 Segment operating income (loss) $ 3,915 $ ( 11,210 ) $ ( 23,992 ) Unallocated corporate expense: Depreciation and amortization expense ( 711 ) ( 1,072 ) ( 1,232 ) General and administrative expense ( 15,235 ) ( 16,201 ) ( 16,569 ) Interest expense, net ( 19,418 ) ( 14,392 ) ( 13,688 ) Equity earnings (loss) of unconsolidated joint ventures 456 271 258 Gain (loss) on sale of assets 562 ( 54 ) 92,219 Other (expense) income ( 164 ) 6,817 3,762 Income (loss) before income taxes $ ( 30,595 ) $ ( 35,841 ) $ 40,758 Assuming cash and cash equivalents are accounted for as corporate assets, total assets by business segment and by country are presented as follows: December 31, (Dollars in thousands) 2023 2022 By segment: Cinema $ 230,337 $ 267,874 Real estate 236,213 247,247 Corporate (1) 66,501 71,934 Total assets $ 533,051 $ 587,055 By country: United States $ 291,581 $ 337,595 Australia 193,899 200,220 New Zealand 47,571 49,240 Total assets $ 533,051 $ 587,055 (1) Corporate Assets includes cash and cash equivalents of $ 12.9 million and $ 29.9 million as of December 31, 2023 and 2022, respectively. The following table sets forth our operating properties by country: December 31, (Dollars in thousands) 2023 2022 United States $ 153,545 $ 171,756 Australia 90,221 95,467 New Zealand 18,651 19,729 Total operating property $ 262,417 $ 286,952 The table below summarizes capital expenditures for the three years ended December 31, 2023: (Dollars in thousands) 2023 2022 2021 Segment capital expenditures $ 4,711 $ 9,780 $ 14,428 Corporate capital expenditures — — — Total capital expenditures $ 4,711 $ 9,780 $ 14,428

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Summary Of Significant Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICI ES Significant Accounting Policies Basis of Consolidation Our consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). These consolidated financial statements include the accounts of our wholly owned subsidiaries, which are RDGE, CRG, and CDL. We have also consolidated the following entities that are not wholly owned for which we have control:  Australia Country Cinemas Pty, Limited, a company in which we own a 75 % interest and whose only assets are our leasehold cinema at Dubbo, Australia and our owned cinema at Townsville, Australia;  Sutton Hill Properties, LLC (“SHP”), a company based in New York in which we own a 75 % interest and whose only asset is the fee interest in the Cinemas 123; and,  Shadow View Land and Farming, LLC in which we own a 50 % controlling membership interest and whose only asset was a 202 -acre land parcel in Coachella, California which was sold in March 2021. The company is now in the process of winding up. Our investment interests in certain joint venture arrangements, for which we own between 20 % to 50 % and for which we have no control over the operations, are accounted for as unconsolidated joint ventures, and hence, recorded in the consolidated financial statements under the equity method. These investment interests include our:  33.3 % undivided interest in the unincorporated joint venture that owns the Mt. Gravatt cinema in a suburb of Brisbane, Australia;  50 % undivided interest in the unincorporated joint venture that owns Rialto Cinemas in New Zealand. We consider that we have control over our partially owned subsidiaries and joint venture interests (collectively “investee”) when these conditions exist: (i) we own a majority of the voting rights or interests of the investee (typically above 50%), or (ii) in the case when we own less than the majority voting rights or interests, we have the power over the investee when the voting rights or interests are sufficient to give it the practical ability to direct the relevant activities of the investee unilaterally. The Company considers all relevant facts and circumstances in assessing whether or not our voting rights in the investee are sufficient to give it power, including: (i) the size of our voting rights and interests relative to the size and dispersion of holdings of other vote holders; (ii) potential voting rights and interests held by us; (iii) rights and interests arising from other contractual arrangements; and, (iv) any additional other relevant facts. All intercompany balances and transactions have been eliminated on the consolidation. 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. Hence, actual results may differ from those estimates. Significant estimates and assumptions include, but are not limited to: (i) projections we make regarding the recoverability and impairment of our assets (including goodwill and intangibles); (ii) valuations of our derivative instruments; (iii) allocation of insurance proceeds to various recoverable components; (iv) recoverability of our deferred tax; (v) estimation of our Incremental Borrowing Rate (“IBR”) as relates to the valuation of our right-of-use assets and lease liabilities; and, (vi) estimation of gift card and gift certificate breakage where we have concluded that the likelihood of redemption is remote. Revenue Recognition (i) Cinema Exhibition Segment (all net of related taxes):  Sales of Cinema tickets (excluding bulk and advanced ticket sales) and food and beverage (“F&B”) sales – recognized when sold and collected, either in cash or credit card at our theatre locations and through our online selling channels;  Sales of Bulk and Advanced Cinema Ticket Sales – deferred and recognized as revenue when the promised performance or movie that the ticket has been purchased for is shown;  Gift Cards and Gift Certificate Sales – deferred and recognized as revenue when redeemed, except for the breakage portion, as described below;  Breakage Income – recognized for unredeemed cards and certificates using the proportional method, whereby breakage revenue is recognized in proportion to the pattern of rights exercised by the customer when the Company expects that it is probable that a significant revenue reversal would not occur for any estimated breakage amounts. This is based on a breakage ‘experience rate’ which is determined by historical redemption data;  Loyalty Income - a component of revenue from members of our loyalty programs relating to the earning of loyalty rewards is deferred until such a time as members redeem rewards, or until we believe the likelihood of redemption by the member is remote. Deferral is based on the progress made toward the next reward, the fair value of that reward, and the likelihood of redemption, determined by historical redemption data, a nd;  Advertising Revenues – recognized based on contractual arrangements or relevant admissions information, as appropriate, when the related performance obligation is satisfied. (ii) Real Estate Segment:  Property Rentals –we contractually retain substantially all of the risks and benefits of ownership of our real estate properties and therefore, we account for our tenant leases as operating leases. Accordingly, rental revenue is recognized on a straight-line basis over the lease term; and,  Live Theatre License Fees – w e have real property interest in, and license theatre space to third parties for, the presentation of theatrical productions. Revenue is recognized in accordance with the license agreement and is typically recorded on a weekly basis after the performance of a show has occurred . Cash and Cash Equivalents We consider all highly liquid investments with original maturities of three months or less at the time of purchase as cash equivalents for which cost approximates fair value. Receivables Our receivables balance is composed primarily of credit card and booking agent receivables, representing the purchase price of tickets, food & beverage items, or coupon books sold at our various businesses. Sales charged on customer credit cards are collected when the credit card transactions are processed. The remaining receivables balance is primarily made up of the net Goods and Service Tax (“GST”) receivable from our Australian taxing authorities, rents receivable from our third-party tenants, and the management fee receivable from the managed cinemas. We have no history of significant bad debt losses but we have established an allowance for accounts that we deem uncollectible. Inventory Inventory is composed of food and beverage items in our theater operations and books and associated stationery items at our State Cinema bookstore, and is stated at the lower of cost (first-in, first-out method) or net realizable value. Restricted Cash Restricted cash includes those cash accounts for which the use of funds is restricted by any contract or bank covenant. At December 31, 2023 and 2022, our restricted cash balance was $ 2.5 million and $ 5.0 million, respectively. Derivative Financial Instruments From time to time, we purchase interest rate derivative instruments to hedge the interest rate risk that results from the variability of certain of our floating-rate borrowings. Our use of derivative transactions is intended to reduce long-term fluctuations in cash flows caused by market movements. Derivative instruments are recorded on the balance sheet at fair value with changes in fair value through interest expense in the Consolidated Statements of Operations or, in the case of accounting hedges, in Other Comprehensive Income and then reclassified into interest expense in the same period(s) during which the hedged transactions affect earnings. The cash flows from interest rate derivatives are classified as cashflows provided by operating activities in the Consolidated Cashflow Statement, as are the hedged transactions. As of December 31, 2023 we had no derivative positions designated as accounting hedges. As of December 31, 2022, we had favorable derivative positions designated as accounting hedges of $ 907,000 With regards to accounting hedges, the Company has elected, by reference to certain practical expedients contained within ASC 848 Reference Rate Reform , to continue the method of assessing effectiveness as documented in the original hedge, so that the reference rate on the hypothetical derivative matches the reference rate on the hedging instrument. In addition, the Company has elected the expedient permitting the assertion of probability of the hedged interest payments regardless of any expected modification in the terms related to reference rate reform. Operating Properties, net Our Operating Properties consist of land, buildings and improvements, leasehold improvements, fixtures and equipment, which we use to derive operating income associated with our two business segments, cinema exhibition and real estate. Buildings and improvements, leasehold improvements, fixtures and equipment are initially recorded at the lower of cost or fair market value and depreciated over the useful lives of the related assets. Land is not depreciated. Expenditures relating to renovations, betterments or improvements to existing assets are capitalized if they improve or extend the lives of the respective assets and/or provide long-term future net cash inflows, including the potential for cost savings. Depreciation and amortization are provided using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are generally as follows: Building and improvements 15 – 60 years Leasehold improvements Shorter of the lease term or useful life of the improvement Theater equipment 7 years Furniture and fixtures 3 – 10 years Investment and Development Properties, net Investment and Development Properties consist of land, buildings and improvements under development, and their associated capitalized interest and other development costs that we are either holding for development, currently developing, or holding for investment appreciation purposes. These properties are initially recorded at the lower of cost or fair market value. Within this category are building and improvement costs directly associated with the development of potential cinemas (whether for sale or lease), the development of entertainment-themed centers (“ETCs”), or other improvements to real property. In the case of investments in land and the redevelopment of existing improvements, where we have a confirmed capital project we capitalize cost associated with title work, land use matters, and design, engineering and architectural work. As incurred, we expense start-up costs (such as pre-opening cinema advertising and training expense) and other costs not directly related to the acquisition and development of long-term assets. We cease cost capitalization (including interest) on a development property when the property is complete and ready for its intended use, or if activities necessary to get the property ready for its intended use have been substantially curtailed. However, we do not suspend cost capitalization for brief interruptions and interruptions that are externally imposed, such as mandates from governmental authorities. Impairment of Long-Lived Assets We review long-lived assets, including goodwill and intangibles, for impairment as part of our annual budgeting process, at the beginning of the fourth quarter, and whenever events or changes in circumstances indicate that the carrying amount of the asset may not be fully recoverable. We review internal management reports on a monthly basis as well as monitor current and potential future competition in film markets for indications of potential impairment. (i) Impairment of Long-lived Assets (other than Goodwill and Intangible Assets with indefinite lives) – we evaluate our long-lived assets and finite-lived intangible assets using historical and projected data of cash flows as our primary indicator of potential impairment and we take into consideration the seasonality of our business. If the sum of the estimated, undiscounted future cash flows is less than the carrying amount of the asset, then an impairment is recognized for the amount by which the carrying value of the asset exceeds its estimated fair value based on an appraisal or a discounted cash flow calculation. We include all relevant right-of-use assets in our impairment assessments and exclude the related lease liabilities and payments. For certain non-income producing properties or for those assets with no consistent historical or projected cash flows, we obtain appraisals or other evidence to evaluate whether there are impairment indicators for these assets. No impairment losses were recorded for long-lived and finite-lived intangible assets for the year ended December 31, 2023, based on historical information and projected cash flow. We recorded $ 1.5 million of impairment losses against long-lived and finite-lived intangible assets in 2022. This impairment was recorded against cinemas whose performance had not improved commensurate to the rest of our portfolio. No impairment losses were recorded in 2021. (ii) Impairment of Goodwill and Intangible Assets with indefinite lives – goodwill and intangible assets with indefinite useful lives are not amortized, but instead, tested for impairment at least annually on a reporting unit basis. The impairment evaluation is based on the present value of estimated future cash flows of the reporting unit plus the expected terminal value. There are significant assumptions and estimates used in determining the future cash flows and terminal value. The most significant assumptions include our cost of debt and cost of equity assumptions that comprise the weighted average cost of capital for each reporting unit. Accordingly, actual results could vary materially from such estimates. No impairment losses were recorded for goodwill and indefinite-lived intangible assets for the three years ended December 31, 2023. For a detailed discussion of our impairment assessments, refer to Note 3 . Variable Interest Entity The Company enters into relationships or investments with other entities that may be a variable interest entity (“VIE”). A VIE is consolidated in the financial statements if the Company has the power to direct activities that most significantly impact the economic performance of the VIE and has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. Reading International Trust I is a VIE. It is not consolidated in our financial statements because we are not the primary beneficiary. We carry our investment in the Reading International Trust I, recorded under “ Other Assets” , using the equity method of accounting because we have the ability to exercise significant influence (but not control) over operating and financial policies of the entity. We eliminate transactions with an equity method entity to the extent of our ownership in such an entity. Accordingly, our share of net income/(loss) of this equity method entity is included in consolidated net income/(loss). We have no implicit or explicit obligation to further fund our investment in Reading International Trust I. Land and Property Held for Sale When a property is classified as held for sale, we present the respective assets and liabilities related to the property held for sale separately on the balance sheet and cease to record depreciation and amortization expense. Properties held for sale are reported at the lower of their carrying value or their estimated fair value less the estimated costs to sell. Refer to Note 5 – Real Estate Transactions for details. Deferred Leasing/Financing Costs Direct costs incurred in connection with obtaining tenants and or financing are amortized over the respective term of the loan utilizing the effective interest method, or straight-line method if the result is not materially different. In addition, interest on loans with increasing interest rates and scheduled principal pre-payments are also recognized using the effective interest method. Net deferred financing costs are presented as a reduction in the associated debt account (see Note 12 – Borrowings ). Film Rental Costs Film rental costs are accrued based on the applicable box office receipts and estimates of the final settlement to the film licensors. Advertising Expense We expense our advertising as incurred. The amount of our advertising expense was $ 1.6 million, $ 1.4 million, and $ 0.7 million in 2023, 2022, and 2021, respectively. Operating Leases As Lessee We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities, current and non-current, in our consolidated balance sheets. Finance leases are included in operating properties , other current liabilities , and other long-term liabilities in our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. The operating lease ROU asset also includes any prepaid lease payments made and excludes lease incentives received. Our lease terms may include options to extend or not to terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. We have lease agreements with lease and non-lease components, which we do not separate. For certain equipment leases, such as cinema equipment, we account for the lease and non-lease components as a single lease component. As a result of the impacts of COVID-19, we have obtained certain concessions from our landlords. Where we have obtained rent concessions from our landlords, or provided concessions to our tenants, we have elected not to perform the standard Topic 842 modification evaluation where the concession does not result in the total consideration required by the contract being substantially more than the total consideration originally required by the contract. We have elected to account for these concessions as if there have been no changes to the underlying contracts, thereby recognizing abatements secured as variable lease expenses, and increasing payables for lease payment deferrals. As Lessor As part of our real estate operations, we own certain real estate property in the U.S., Australia and New Zealand which we lease to third parties. We recognize lease payments for operating leases as property revenue on a straight-line basis over the lease term. Lease incentive payments we make to lessees are amortized as a reduction in property revenue over the lease term. The lease term includes all non-cancellable periods contracted for within the lease and excludes any option periods which a tenant may hold. As a result of the impacts of COVID-19, we have provided certain concessions to specific tenants. W here we have provided deferrals of rent, we have recorded the deferrals as receivables, and where we have provided abatements, we have recorded these as variable rents in the consolidated statements of income. Share-based Compensation The determination of the compensation cost for our share-based awards (primarily in the form of stock options or restricted stock units) is made at the grant date based on the estimated fair value of the award, and such cost is recognized over the grantee’s requisite service period (which typically equates to our vesting term). Previously recognized compensation cost shall be reversed for any forfeited award to the extent unvested at the time of forfeiture. Refer to Note 16 – Share-based Compensation and Repurchase Plans for further details. Treasury Shares In recent years, we repurchased our own Class A common shares as part of a publicly announced stock repurchase plan. We account for these repurchases using the cost method and present these as a separate line within the Stockholders’ Equity section in our consolidated balance sheets. Refer to Note 16 – Share-based Compensation and Repurchase Plans for further details of our stock repurchase plan. Insurance Recoveries and Other Contingency Matters (i) Loss contingencies – we record any loss contingencies if there is a “probable” likelihood that the liability had been incurred, and the amount of the loss can be reasonably estimated. (ii) Gain contingencies:  Insurance recoveries – in the event we incur a loss attributable to an impairment of an asset or incurrence of a liability that is recoverable, in whole or in part, through an insurance claim, we record an insurance recoverable (not to exceed the amount of the total losses incurred) only when the collectability of such claim is probable. To evaluate the probable collectability of an insurance claim, we consider communications with third parties (such as with our insurance company), in addition to advice from legal counsel.  Others – other gain contingencies typically result from legal settlements and we record those settlements in income when cash or other forms of payments are received. Legal costs relating to our litigation matters, whether we are the plaintiff or the defendant, are recorded when incurred. For the years ended December 31, 2023, 2022, and 2021, we recorded gains/(losses) relating to litigation settlement of ($ 265,000 ), $ 40,000 and ($ 3.2 ) million, respectively. Currency Translation Policy The financial statements and transactions of our Australian and New Zealand cinema and real estate operations are recorded in their functional currencies, namely Australian and New Zealand dollars, respectively, and are then translated into U.S. dollars. Assets and liabilities of these operations are denominated in their functional currencies and are then translated at exchange rates in effect at the balance sheet date. Revenue and expenses are translated at the average exchange rate for the reporting period. Translation adjustments are reported in “Accumulated Other Comprehensive Income,” a component of Stockholders’ Equity. The carrying values of our Australian and New Zealand assets fluctuate due to changes in the exchange rate between the U.S. dollar and the Australian and New Zealand dollars. Presented in the table below are the currency exchange rates for Australia and New Zealand as of and for the three years ended December 31, 2023: As of and for the year ended December 31, 2023 As of and for the year ended December 31, 2022 As of and for the year ended December 31, 2021 Spot Rate Australian Dollar 0.6828 0.6805 0.7260 New Zealand Dollar 0.6340 0.6342 0.6839 Average Rate Australian Dollar 0.6647 0.6946 0.7517 New Zealand Dollar 0.6145 0.6357 0.7077 Income Taxes We account for income taxes under an asset and liability approach. Under the asset and liability method, deferred tax assets and liabilities are recognized for the expected future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and the respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled and are classified as noncurrent on the balance sheets in accordance with current U.S. GAAP. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. Income tax expense (benefit) is the tax payable (refundable) for the period and the change during the period in deferred tax assets and liabilities. The effect of a change in tax rates or law on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. We recognize deferred tax assets to the extent that we believe that these assets are more likely than not to be realized. In evaluating our ability to recover our deferred tax assets within the jurisdiction from which they arise, we consider all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, tax planning strategies and recent financial operations. A tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. We recognize tax liabilities for uncertain tax positions and adjust these liabilities when our judgment changes as a result of the evaluation of new information not previously available. We record interest and penalties related to income tax matters as part of income tax expense and record the related liabilities in income tax related balance sheet accounts. Due to the complexity of some of these uncertainties, the ultimate resolution may result in a payment that is materially different from our current estimate of the tax liabilities. These differences will be reflected as increases or decreases to income tax expense in the period in which it is determined a change in recognition or measurement is appropriate. The U.S. Tax Cuts and Jobs Act of 2017 (the “Tax Act”) creates a new requirement for U.S. corporations to include in U.S. taxable income certain earnings of their foreign subsidiaries, effective beginning tax year 2018. The Global Intangible Low Taxed Income (“GILTI”) framework introduces a new tax on foreign earnings of U.S. based consolidated groups. We record taxes related to GILTI as a current-period expense when incurred. Earnings (Loss) Per Share The Company presents both basic and diluted earnings (loss) per share amounts. Basic earnings (loss) per share is calculated by dividing net income (loss) attributable to the Company by the weighted average number of common shares outstanding during the year. Diluted earnings (loss) per share is based upon the weighted average number of common and common equivalent shares outstanding during the year, which is calculated using the treasury-stock method for equity-based awards. Common equivalent shares are excluded from the computation of diluted earnings (loss) per share in periods for which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price over the period are anti-dilutive and, accordingly, are excluded from the calculation. Government Grants During COVID-19, we received certain wage subsidies from the Australian and New Zealand governments. The aim of these subsidies was to protect as many jobs as possible during the COVID-19 pandemic. The subsidies were not loans from the respective governments. The impact of these subsidies is included within ‘other operating expenses’ and ‘general and administrative expenses’ in our cinema and real estate segments. We received no subsidies in the year ended December 31, 2023, or the year ended December 31, 2022. In the year ended December 31, 2021, we received subsidies totaling $ 2.6 million (AU$ 3.5 million) in Australia and $ 366,000 (NZ$ 518,000 ) in New Zealand, respectively. Business Acquisition Valuation and Purchase Price Allocation For acquisitions meeting the definition of a “business” in accordance with ASC 805, Business Combinations , the assets acquired, and the liabilities assumed are recorded at their fair values as of the acquisition date. To accomplish this, we typically obtain third-party valuations to allocate the purchase price to the assets acquired and liabilities assumed, including both tangible and intangible components. The determination of the fair values of the acquisition components and its related determination of the estimated lives of depreciable tangible assets and amortizing intangible assets/liabilities require significant judgment and several considerations, described as follows: (i) Tangible assets – we allocate the purchase price to the tangible assets of an acquired property (which typically includes land, building and site/tenant improvements) based on the estimated fair values of those tangible assets assuming the building was vacant. Estimates of fair value for land are based on factors such as comparisons to other properties sold in the same geographic area adjusted for unique characteristics. Estimates of fair values of buildings, and site/tenant improvements are based on present values determined based upon the application of hypothetical leases with market rates and terms. Estimates of plant and equipment, leasehold improvements and any cinema related equipment are based on their current market values with relation to their age and condition. Building and site improvements are depreciated over their remaining economic lives, while tenant improvements are depreciated over the remaining non-cancelable terms of the respective leases. Plant and equipment, leasehold improvements and any cinema related equipment are depreciated over the shorter of their useful economic lives and the underlying cinema lease. (ii) Intangible assets and liabilities – the valuation of the intangible assets and liabilities in a typical real estate acquisition is described below:  Above-market and below-market leases – where we are the lessor, we record above-market and below-market in-place lease values for acquired properties based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining non-cancelable term of the lease. We amortize any capitalized above-market lease values (an intangible asset) and capitalized below-market lease values (an intangible liability) over the remaining non-cancelable terms of the respective leases. Where we are the lessee, lease arrangements entered into are assessed under ASC 842 Leases.  Benefit of avoided costs due to existing tenancies – this typically includes (i) in-place leases (the value of avoided lease-up costs) and (ii) leasing commissions and legal/marketing costs avoided with the leases in place. We measure the fair values of the in-place leases based on the difference between (i) the property valued with existing in-place leases adjusted to market rental rates and (ii) the property valued as if vacant. Factors considered in the fair value determination include an estimate of carrying costs during hypothetical expected lease-up periods considering current market conditions, and costs to execute similar leases. We also consider information obtained about each property as a result of our pre-acquisition due diligence, marketing, and leasing activities in estimating the fair value of the intangible assets acquired. In estimating carrying costs, management includes real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods. Management also estimates costs to execute similar leases including leasing commissions, legal, and other related expenses to the extent that such costs are not already incurred in connection with a new lease origination as part of the transaction. We amortize the value of in-place leases and unamortized leasing origination costs to expense over the remaining term of the respective leases. Should a tenant terminate its lease, the unamortized portion of the in-place lease values and leasing origination costs will be charged to expense. Intangible assets acquired in cinema business combination typically relate to the brand of the underlying business being acquired. These assessments have a direct impact on revenue and net income, particularly on the depreciable base of the

Impacts On Our Business Due To

Impacts On Our Business Due To The Covid-19 Pandemic, The 2023 Hollywood Strikes, The Dramatic Interest Rate Rise And Increased Operating Costs, Together With Our Company’s Resources	12 Months Ended
	Dec. 31, 2023
Impacts On Our Business Due To The Covid-19 Pandemic, The 2023 Hollywood Strikes, The Dramatic Interest Rate Rise And Increased Operating Costs, Together With Our Company’s Resources [Abstract]
Impacts On Our Business Due To The Covid-19 Pandemic, The 2023 Hollywood Strikes, The Dramatic Interest Rate Rise And Increased Operating Costs, Together With Our Company’s Resources	NOTE 3 – IMPACTS ON OUR BUSINESS DUE TO THE COVID-19 PANDEMIC, THE 2023 HOLLYWOOD STRIKES, THE DRAMATIC INTEREST RATE RISE AND INCREASED OPERATING COSTS, TOGETHER WITH OUR COMPANY’S RESOURCES General COVID-19 has materially impacted our business since the declaration of a global pandemic in March 2020. Having navigated mandated global closures during the pandemic, our cinema operations were, again, materially disrupted and materially adversely impacted by the 2023 strikes by the Writers Guild of America (WGA) and the American actors’ union SAG-AFTRA (Screen Actors Guild-American Federation of Television and Radio Artists) (SAG) over labor disputes with the Alliance of Motion Picture and Television Producers (AMPTP), described in greater detail below (the “2023 Hollywood Strikes”). Also, between March 2022 and July 2023, the Federal Reserve increased the Federal Funds rate from 0.25% to 5.5%, which represented the fastest interest rate tightening in U.S. history. Due to these and other factors, we are experiencing, among other things, increasing costs related to inventory, labor and utilities, and many of our U.S. cinemas are obligated to repay rent deferrals to our landlords as negotiated in 2020-2022. In addition, some of our cinemas are facing automatic rent increases. Cost-reduction efforts in our cinema operating segment continue, including, but not limited to, restricting essential operating expenditures to the minimum levels necessary, reducing employment and utilities costs, and minimizing capital outlays. We continue to work with our landlords to manage our rent obligations. Our Real Estate operating segment has been less impacted by the COVID-19 pandemic and is generating the expected cash flows. 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 . We have $ 85.5 million of debt due in the twelve months from the issue of this Form 10-K. As at December 31, 2023, we have cash of $ 12.9 million and negative working capital of $ 88.4 million. In order 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 and our revenues and net income need to improve. We believe that is probable that these loans will be extended on terms acceptable to us. Prior to the issuance of the Form 10-K, we extended our Bank of America facility to August 18, 2025. We believe that we have sufficient time to address our Santander ($ 8.0 million) and our Westpac ($ 8.8 million) facilities due in the second quarter of 2024 and the first quarter of 2025, respectively, and intend to execute an option on our Union Square financing facility. We have an indicative Term Sheet from NAB increasing and extending that facility to July 31, 2026. We believe that the global cinema industry will continue to recover in 2024 and 2025. This belief underpins our forecasts and cash flow projections. Our forecasts rely upon, among other things, the market reception to current films such as Dune II, Kung Fu Panda 4 and Ghost Busters: Frozen Empire , 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 the event that our forecasts and cash flow estimates, and our reasonable refinancing expectations, do not come to fruition to the extent needed to provide sufficient funding, we are willing and able to pursue additional asset monetizations. Since 2021, we have demonstrated our ability to complete such real estate transactions. 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 continue to constitute impairment indicators under ASC 360 Property, Plant and Equipment . At December 31, 2023, our Company performed a quantitative recoverability test of the carrying values of all its asset groups. Our Company estimated the undiscounted future cash flows expected to result from the use of these asset groups and found that no impairment charge was necessary. This was due to our improved financial performance at the asset group level, and our more favorable expectations for future trading. We recorded impairment charges of $ 1.5 million in 2022 against certain cinemas whose performance had not improved commensurate with the wider group. No impairment charges were recorded in the 2021 year. 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 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, 2023. 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. 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 as a result, actual results may materially differ from management’s estimates.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	12 Months Ended
	Dec. 31, 2023
Earnings (Loss) Per Share [Abstract]
Earnings (Loss) Per Share	NOTE 4 – EARNINGS (LOSS) PER SHA RE The following table sets forth the computation of basic and diluted earnings (loss) per share and a reconciliation of the weighted average number of common and common equivalent shares outstanding for the three years ended December 31, 2023: (Dollars in thousands, except share and per share data) 2023 2022 2021 Numerator: Net income (loss) attributable to Reading International, Inc. $ ( 30,673 ) $ ( 36,184 ) $ 31,921 Denominator: Weighted average shares of common stock – basic 22,222,635 22,020,921 21,801,719 Weighted average dilutive impact of stock-based awards 1,124,673 935,324 605,097 Weighted average shares of common stock – diluted 23,347,308 22,956,245 22,406,816 Basic earnings (loss) per share $ ( 1.38 ) $ ( 1.64 ) $ 1.46 Diluted earnings (loss) per share $ ( 1.38 ) $ ( 1.64 ) $ 1.42 Awards excluded from diluted earnings (loss) per share 205,122 327,498 517,344 Outstanding awards of 205,122 shares for the year ended December 31, 2023 and 327,498 shares for the year ended December 31, 2022, were excluded from the computation of dilutive shares, as they were anti-dilutive because of the net loss from continuing operations.

Real Estate Transactions

Real Estate Transactions	12 Months Ended
	Dec. 31, 2023
Real Estate Transactions [Abstract]
Real Estate Transactions	NOTE 5 – REAL ESTATE TRANSACTIO NS Discussed below are the real estate transactions affecting the presentation in our consolidated balance sheets as of December 31, 2023 and 2022, and the profitability determination in our consolidated statements of income for the three years ended December 31, 2023, 2022 and 2021. Real Estate Monetizations Beginning in 2020, we have on an ongoing basis reviewed our various real estate holdings in light of the fact that our cash flow from cinema operations has been adversely affected initially by the governmentally mandated cinema closings ordered in response to the COVID-19 pandemic and then by the lengthy 2023 Hollywood Strikes, and that our overall cash flow continues to be adversely affected by unprecedented increases in interest rates and the impact of inflation and government mandates on our cost of goods sold and cost of operations. Until cinema revenues return to normal and interest rates abate, other sources of cash would be needed to support our operations and only very limited funds would be available for capital investment in our properties. Between the fourth quarter of 2020 and the fourth quarter of 2023, we classified as assets held for sale disposal groups and thereafter monetized the following real estate assets: The Auburn/Redyard Entertainment Themed Center (“ETC”), Manukau (land), Coachella (land), the Royal George Theatre, our property in Maitland, New South Wales, our Invercargill, New Zealand, cinema and associated ancillary land, and our office building in Culver City (sold in February 2024). A ‘disposal group’ represents assets to be disposed of in a single transaction. A disposal group may represent a single asset, or multiple assets. Each of these transactions is discussed separately below. As of December 31, 2023, we classify as assets held for sale our approximately 26.6 acre parcel of industrial land in Williamsport Pennsylvania and our Culver City office building. Auburn/Redyard, New South Wales In January 2021, we classified our Auburn / Redyard ETC as held for sale, reflecting the fact that approximately 2.6 acres of this property was non-income producing land. This disposal group, which consisted of land, the ETC building and related property, plant and equipment, was transferred to Land and Property Held for Sale at its book value of $ 30.2 million (AU$ 39.1 million), being the lower of cost and fair value less costs to sell. No adjustments to the book value of the assets contained within this disposal group were required. The sale of Auburn/Redyard was completed on June 9, 2021, for $ 69.6 million (AU$ 90.0 million). As part of the transaction, we entered into a lease with the purchaser for the cinema portion of the Auburn/Redyard site. The gain on sale of this property is calculated as follows: June 30 (Dollars in thousands) 2021 Sales price $ 69,579 Net book value ( 30,231 ) Gain on sale, gross of direct costs 39,348 Direct sale costs incurred ( 622 ) Gain on sale, net of direct costs $ 38,726 Manukau, New Zealand In December 2020, we classified our non-income producing land at Manukau, New Zealand, as held for sale. This disposal group, which consisted of land and certain improvements to that land, was transferred to Land Held for Sale at its book value of $ 13.6 million, being the lower of cost and fair value less costs to sell. No adjustments to the book value of this asset were required. The sale of this land was completed on March 4, 2021, for $ 56.1 million (NZ$ 77.2 million), of which NZ$ 1.0 million was received on February 23, 2021, and the balance of funds was received on March 4, 2021. The gain on sale of this property is calculated as follows: March 31, (Dollars in thousands) 2021 Sales price $ 56,058 Net book value ( 13,618 ) Gain on sale, gross of direct costs 42,440 Direct sale costs incurred ( 1,514 ) Gain on sale, net of direct costs $ 40,926 Coachella, California In December 2020, we classified the non-income producing land at Coachella (held through Shadow View Land and Farming LLC) as held for sale. This disposal group, which consisted of land and certain improvements to that land, was transferred to Land and Property Held for Sale at its book value of $ 4.4 million, being the lower of cost and fair value less costs to sell. No adjustments to the book value of this asset were required. The sale of this land was completed on March 5, 2021 for $ 11.0 million. As a 50 % member in Shadow View Land and Farming LLC, our Company received the benefit of 50 % of the sale proceeds, being $ 5.3 million. As the other 50 % member was Estate of James J. Cotter, Sr., t hese actions were approved by our Audit and Conflicts Committee. The gain on sale of this property, including both our interests and those of the other 50 % owner of Shadow View Land and Farming, LLC, is calculated as follows: March 31, (Dollars in thousands) 2021 Sales price $ 11,000 Net book value ( 4,351 ) Gain on sale, gross of direct costs 6,649 Direct sale costs incurred ( 301 ) Gain on sale, net of direct costs $ 6,348 Royal George Theatre, Chicago In February 2021, we classified our Royal George Theatre as held for sale as part of our strategy to monetize certain real estate assets. This disposal group, which consisted of the Royal George Theatre building and the associated property, plant and equipment, was transferred to Land and Property Held for Sale at its book value of $ 1.8 million, being the lower of cost and fair value less costs to sell. No adjustments to the book value of the assets contained within this disposal group were required. On June 30, 2021, we received net sale proceeds of $ 6.8 million (net of closing costs). The gain on sale of this property is calculated as follows: June 30 (Dollars in thousands) 2021 Sales price $ 7,075 Net book value ( 1,824 ) Gain on sale, gross of direct costs 5,251 Direct sale costs incurred ( 295 ) Gain on sale, net of direct costs $ 4,956 Invercargill, New Zealand On August 30, 2021, we monetized our cinema building and land in Invercargill for $ 3.8 million (NZ$ 5.4 million) to the owner of the adjacent property. This property, not then classified as held for sale, was monetized in a transaction whereby the purchaser leased back the Reading Cinema to our company. The gain on sale on this property is calculated as follows: September 30 (Dollars in thousands) 2021 Sales price $ 3,803 Net book value ( 1,425 ) Gain on sale, gross of direct costs 2,378 Direct sale costs incurred ( 6 ) Gain on sale, net of direct costs $ 2,372 Maitland, New South Wales On October 25, 2023, we monetized our property in Maitland, NSW, Australia, for $ 1.8 million (AU$ 2.8 million). The property consisted of a cinema building and associated land. The purchaser leased back the Reading Cinema to our company. The gain on sale of this property is calculated as follows: December 31 (Dollars in thousands) 2023 Sales price $ 1,774 Net book value ( 835 ) Gain on sale, gross of direct costs 939 Direct sale costs incurred ( 139 ) Gain on sale, net of direct costs $ 800 Asset Groups Held for Sale Culver City, Los Angeles In May 2023, we classified our Culver City administrative building, commonly known as 5995 Sepulveda Blvd., as held for sale. Our book value (as opposed to fair value) of the property is $ 10.7 million, being the lower of cost and fair value less costs to sell. No adjustments to the book value of the assets contained within this disposal group were required. The disposal group consists of land, a building and various leasehold improvements. On February 23, 2024, we sold this property for $ 10.0 million resulting in a book loss of $ 700,000 . The proceeds were used to discharge the $ 8.3 million first mortgage which the property was encumbered with and which became due on sale, brokerage fees of $ 210,000 and associated costs of sale and transfer and recording taxes of $ 140,000 . This price was less than we had anticipated based on discussions with our advisors prior to December 31, 2023. Accordingly, the loss on this sale will be recorded in 2024, rather than 2023. 2483 Trenton Avenue, Williamsport, Pennsylvania In June 2023, we classified our approximately 26.6 -acre property at 2483 Trenton Avenue, Williamsport, Pennsylvania, as held for sale at the lower of cost and fair value less costs to sell. The current book value (as opposed to fair value) of the property is $ 460,000 . The property is part of our historic railroad operations, consisting of land and an 18,000 square foot industrial building and various rail road improvements. No adjustments to the book value of the assets contained within this disposal group were required. We expect to complete the sale within the next 12 months. The property is unencumbered. We have retained CBRE as our exclusive agent for the marketing of this property. Real Estate Acquisitions Exercise of Option to Acquire Ground Lessee’s Interest in Ground Lease and Improvements Constituting the Village East Cinema On August 28, 2019, we exercised our option to acquire the ground lessee’s interest in the 13 -year ground lease underlying and the real property assets constituent with our Village East Cinema in Manhattan. The purchase price under the option is $ 5.9 million. The transaction is expected to close on July 1, 2024. Further information is at Note 20 – Related Parties .

Properties And Equipment

Properties And Equipment	12 Months Ended
	Dec. 31, 2023
Properties And Equipment [Abstract]
Properties And Equipment	NOTE 6 – PROPERTIES AND EQUIPME NT Operating Property, Net Property associated with our operating activities is summarized as follows: December 31, (Dollars in thousands) 2023 2022 Land $ 61,095 $ 67,392 Building and improvements 205,821 213,226 Leasehold improvements 53,984 64,230 Fixtures and equipment 155,156 194,753 Construction-in-progress 4,290 6,839 Total cost 480,346 546,440 Less: accumulated depreciation ( 217,929 ) ( 259,488 ) Operating Properties, net $ 262,417 $ 286,952 Of our total operating properties as disclosed above, the gross and carrying amounts of the portion of our properties currently on lease or held for leasing as of December 31, 2023 and 2022 are as follows: December 31, (Dollars in thousands) 2023 2022 Building and improvements Gross balance $ 127,222 $ 136,749 Less: Accumulated depreciation ( 23,270 ) ( 26,148 ) Net Book Value $ 103,952 $ 110,601 Depreciation expense for operating property was $ 18.3 million, $ 20.6 million, and $ 22.0 million for the year ended December 31, 2023, 2022 and 2021, respectively. Investment and Development Property Investment and development property is summarized as follows: December 31, (Dollars in thousands) 2023 2022 Land $ 3,856 $ 3,857 Construction-in-progress (including capitalized interest) 4,933 4,935 Investment and development property, net $ 8,789 $ 8,792 We did no t capitalize any interest charges for the years ended December 31, 2023 or December 31, 2022, pertaining to our on-going development projects.

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Leases	NOTE 7 – LEAS ES 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 corporate offices, and finance leases for certain equipment assets. Our leases have remaining lease terms of 1 to 20 years, with certain leases having options to extend to up to a further 45 years. Contracts are analyzed in accordance with the criteria set out in ASC 842 to determine if there is a lease present. For contracts that contain an operating lease, we account for the lease component and the non-lease component together as a single component. For contracts that contain a finance lease we account for the lease component and the non-lease component separately in accordance with ASC 842. In leases where we are the lessee, we recognize a right of use asset and lease liability at lease commencement, which is measured by discounting lease payments using an incremental borrowing rate applicable to the relevant country and term of the lease as the discount rate. Subsequent amortization of the right of use asset and accretion of the lease liability for an operating lease is recognized as a single lease cost, on a straight-line basis, over the term of the lease. Lease term includes option periods where we determine that we are reasonably certain to be exercising those options. A finance lease right-of-use asset is depreciated on a straight-line basis over the lesser of the useful life of the leased asset or the lease term. Interest on each finance lease liability is determined as the amount that results in a constant periodic discount rate on the remaining balance of the liability. Property taxes and other non-lease costs are accounted for on an accrual basis. 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. As a result of the impacts of COVID-19, we have obtained certain concessions from our landlords. We have elected to account for these concessions as if there have been no changes to the underlying contracts, thereby recognizing abatements secured as variable lease expenses, and increasing payables for lease payment deferrals. The components of lease expense are as follows: December 31, (Dollars in thousands) 2023 2022 Lease cost Finance lease cost: Amortization of right-of-use assets $ 25 $ 38 Interest on lease liabilities 1 2 Operating lease cost 32,877 33,422 Variable lease cost 1,501 619 Total lease cost $ 34,404 $ 34,081 Supplemental cash flow information related to leases is as follows: December 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 $ 31 $ 42 Operating cash flows for operating leases 33,611 34,685 Right-of-use assets obtained in exchange for new operating lease liabilities $ 3,094 $ 6,710 Supplemental balance sheet information related to leases is as follows: December 31, (Dollars in thousands) 2023 2022 Operating leases Operating lease right-of-use assets $ 181,542 $ 200,417 Operating lease liabilities - current portion 23,047 23,971 Operating lease liabilities - non-current portion 180,898 200,037 Total operating lease liabilities $ 203,945 $ 224,008 Finance leases — Property plant and equipment, gross $ 232 $ 363 Accumulated depreciation ( 177 ) ( 338 ) Property plant and equipment, net $ 55 $ 25 Other current liabilities 40 28 Other long-term liabilities 43 — Total finance lease liabilities $ 83 $ 28 Other information Weighted-average remaining lease term - finance leases 2 1 Weighted-average remaining lease term - operating leases 11 11 Weighted-average discount rate - finance leases 7.07 % 5.21 % Weighted-average discount rate - operating leases 4.62 % 4.55 % The Maturities of our leases were as follows: (Dollars in thousands) Operating leases Finance leases 2024 $ 32,008 $ 45 2025 29,885 44 2026 28,084 — 2027 25,738 — 2028 22,222 — Thereafter 123,959 — Total lease payments $ 261,896 $ 89 Less imputed interest ( 57,951 ) ( 6 ) Total $ 203,945 $ 83 As of December 31, 2023, we have no commitments for leases that are yet to commence. 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. We recognize lease payments for operating leases as property revenue on a straight-line basis over the lease term. Lease incentive payments we make to lessees are amortized as a reduction in property revenue over the lease term. As a result of the impacts of COVID-19, we have provided certain concessions to specific tenants. We have elected to account for these concessions as if there have been no changes to the underlying contracts, thereby recognizing abatements granted as variable lease payments through revenue and increasing receivables for lease payment deferrals. Lease income relating to operating lease payments was as follows: December 31, (Dollars in thousands) 2023 2022 Components of lease income Lease payments $ 11,096 $ 8,076 Variable lease payments 783 737 Total lease income $ 11,879 $ 8,813 The book value of underlying assets under operating leases from owned assets was as follows: December 31, December 31, (Dollars in thousands) 2023 2022 Building and improvements Gross balance $ 127,222 $ 136,749 Accumulated depreciation ( 23,270 ) ( 26,148 ) Net Book Value $ 103,952 $ 110,601 The Maturity of our leases were as follows: (Dollars in thousands) Operating leases 2024 $ 9,793 2025 9,433 2026 7,735 2027 6,904 2028 6,784 Thereafter 22,024 Total $ 62,673

Investments In Unconsolidated J

Investments In Unconsolidated Joint Ventures	12 Months Ended
	Dec. 31, 2023
Investments In Unconsolidated Joint Ventures [Abstract]
Investments In Unconsolidated Joint Ventures	NOTE 8 – INVESTMENTS IN UNCONSOLIDATED JOINT VENTUR ES 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 unconsolidated joint ventures: December 31, (Dollars in thousands) Interest 2023 2022 Mt. Gravatt 33.3 % $ 3,908 $ 3,836 Rialto Cinemas 50.0 % 848 920 Total Joint Ventures $ 4,756 $ 4,756 Our recorded share of equity earnings (losses) from our investments in unconsolidated joint ventures are as follows: (Dollars in thousands) 2023 2022 2021 Mt. Gravatt $ 526 $ 392 $ 254 Rialto Cinemas ( 70 ) ( 121 ) 4 Total equity earnings $ 456 $ 271 $ 258 Mt. Gravatt We own an undivided 33.3 % interest in Mt. Gravatt, an unincorporated joint venture that owns and operates a sixteen -screen multiplex cinema in Australia. Rialto Cinemas We own an undivided 50.0 % interest in the assets and liabilities of the Rialto Entertainment joint venture that owns and operates two (2) movie theaters, with 13 screens in New Zealand.

Goodwill And Intangible Assets

Goodwill And Intangible Assets	12 Months Ended
	Dec. 31, 2023
Goodwill And Intangible Assets [Abstract]
Goodwill And Intangible Assets	NOTE 9 – GOODWILL AND INTANGIBLE ASSE TS The table below summarizes goodwill by business segment: (Dollars in thousands) Cinema Real Estate Total Balance at January 1, 2022 $ 21,534 $ 5,224 $ 26,758 Foreign currency translation adjustment ( 1,254 ) — ( 1,254 ) Balance at December 31, 2022 $ 20,280 $ 5,224 $ 25,504 Foreign currency translation adjustment 31 — 31 Balance at December 31, 2023 $ 20,311 $ 5,224 $ 25,535 The 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. To test the impairment of goodwill, the 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. The most recent annual assessment occurred in the fourth quarter of 2023. The assessment results, as described at Note 3 , indicated that there is no impairment to our goodwill as of December 31, 2023. The tables below summarize intangible assets other than goodwill: December 31, 2023 (Dollars in thousands) Beneficial Leases Trade Name Other Intangible Assets Total Gross carrying amount $ 11,283 $ 9,024 $ 4,400 $ 24,707 Less: accumulated amortization ( 11,089 ) ( 7,961 ) ( 3,611 ) ( 22,661 ) Less: impairment charges — — ( 8 ) ( 8 ) Net intangible assets other than goodwill $ 194 $ 1,063 $ 781 $ 2,038 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: impairment charges — — ( 40 ) ( 40 ) Net intangible assets other than goodwill $ 252 $ 1,220 $ 919 $ 2,391 Beneficial leases relate to our operations as lessor. Trade names are amortized using an accelerated amortization method over an estimated useful life of 30 years, and other intangible assets over their estimated useful life of up to 30 years (except for transferrable liquor licenses, which are indefinite-lived assets, with a balance of $ 741,000 and $ 741,000 as of December 31, 2023 and 2022). For the years ended December 31, 2023, 2022, and 2021, our amortization expense was $ 0.3 million, $ 0.6 million, and $ 0.7 million, respectively. As of December 31, 2023, the estimated amortization expense for our amortizable intangibles, in the five succeeding years and thereafter is as follows: (Dollars in thousands) Estimated Future Amortization Expense 2024 $ 249 2025 140 2026 127 2027 116 2028 106 Thereafter 559 Total future amortization expense $ 1,297

Prepaid And Other Assets

Prepaid And Other Assets	12 Months Ended
	Dec. 31, 2023
Prepaid And Other Assets [Abstract]
Prepaid And Other Assets	NOTE 10 – PREPAID AND OTHER ASSE TS Prepaid and other assets are summarized as follows: December 31, (Dollars in thousands) 2023 2022 Prepaid and other current assets Prepaid expenses $ 1,813 $ 1,859 Prepaid taxes 802 1,687 Deposits 249 233 Interest receivable — 8 Investments in marketable securities 17 17 Total prepaid and other current assets $ 2,881 $ 3,804 Other non-current assets Other non-cinema and non-rental real estate assets $ 674 $ 1,134 Investment in Reading International Trust I 838 838 Straight-line rent asset 7,445 8,302 Long-term deposits 8 10 Total non-current assets $ 8,965 $ 10,284

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Taxes [Abstract]
Income Taxes	NOTE 11 - INCOME TAX ES Income before income taxes includes the following: (Dollars in thousands) 2023 2022 2021 United States $ ( 29,986 ) $ ( 40,087 ) $ ( 35,835 ) Foreign ( 1,065 ) 3,975 76,335 Income (loss) before income taxes and equity earnings of unconsolidated joint ventures $ ( 31,051 ) $ ( 36,112 ) $ 40,500 Equity earnings of unconsolidated joint ventures : United States — — — Foreign 456 271 258 Income (loss) before income taxes $ ( 30,595 ) $ ( 35,841 ) $ 40,758 Significant components of the provision for income taxes are as follows: (Dollars in thousands) 2023 2022 2021 Current income tax expense (benefit) Federal $ ( 800 ) $ ( 97 ) $ ( 5,727 ) State 49 19 ( 6,426 ) Foreign 927 ( 487 ) 17,217 Total 176 ( 565 ) 5,064 Deferred income tax expense (benefit) Federal 2 2 ( 119 ) State ( 2 ) 2 ( 32 ) Foreign 414 1,380 1,031 Total 414 1,384 880 Total income tax expense (benefit) $ 590 $ 819 $ 5,944 Deferred income taxes reflect the “temporary differences” between the financial statement carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes, adjusted by the relevant tax rate. The components of the deferred tax assets and liabilities are as follows: December 31, (Dollars in thousands) 2023 2022 Deferred Tax Assets: Net operating loss carry-forwards $ 31,820 $ 26,237 Foreign Tax Credit 3,743 3,743 Compensation and employee benefits 2,972 3,252 Deferred revenue 2,912 2,713 Accrued expenses 18,221 12,206 Lease obligations 47,666 56,119 Land and property 2,412 1,620 Total Deferred Tax Assets 109,746 105,890 Deferred Tax Liabilities: Lease liabilities ( 48,927 ) ( 52,747 ) Accrued taxes ( 632 ) ( 532 ) Intangibles ( 442 ) ( 444 ) Other ( 359 ) ( 942 ) Total Deferred Tax Liabilities ( 50,360 ) ( 54,665 ) Net deferred tax assets before valuation allowance 59,386 51,225 Valuation allowance ( 59,087 ) ( 50,778 ) Net deferred tax asset $ 299 $ 447 We record net deferred tax assets to the extent we believe these assets will more-likely-than-not be realized. In making such determination, we considered all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, tax planning strategies and recent financial performance. As of December 31, 2023, based on all available evidence, we believe the U.S. and state deferred tax assets do not support a conclusion of being more-likely-than-not to be realized. Accordingly, we recorded an increase to valuation allowance of $ 8.3 million. We reassess the valuation allowance quarterly and a tax benefit is recorded if future evidence allows for a partial or full release of the valuation allowance. As of December 31, 2023, we had the following carry-forwards:  approximately $ 88.6 million in Federal loss carry-forwards with no expiration date;  approximately $ 58.8 million in California loss carry-forwards expiring in 2043;  approximately $ 34.2 million in Hawaii loss carry-forwards expiring in 2043;  approximately $ 3.3 million in New Jersey state loss carry-forwards expiring in 2043;  approximately $ 53.9 million in New York state loss carry-forwards expiring in 2043;  approximately $ 52.0 million in New York city loss carry-forwards expiring in 2043; and, We expect no substantial limitations on the future use of U.S. loss carry-forwards. The provision for income taxes is different from amounts computed by applying U.S. statutory rates to consolidated losses before taxes. The significant reason for these differences is as follows: (Dollars in thousands) 2023 2022 2021 Expected tax provision $ ( 6,425 ) $ ( 7,526 ) $ 8,559 Increase (decrease) in tax expense resulting from: Foreign tax rate differential 30 384 6,473 Change in valuation allowance 6,781 8,071 ( 6,339 ) State and local tax provision 48 21 ( 6,458 ) Prior year adjustment 472 ( 405 ) ( 211 ) Unrecognized tax benefits ( 398 ) 75 ( 3,937 ) GILTI — — 7,858 Other 82 199 ( 1 ) Total income tax expense (benefit) $ 590 $ 819 $ 5,944 The undistributed earnings of the Company's Australian subsidiaries are not indefinitely reinvested. Due to the enactment of the Tax Act, future repatriations of foreign earnings will generally not be subject to U.S. federal taxation but may incur minimal state taxes. The following table is a summary of the activity related to unrecognized tax benefits, excluding interest and penalties, for the years ended December 31, 2023, 2022, 2021: (Dollars in thousands) 2023 2022 2021 Unrecognized tax benefits – gross beginning balance $ 11,454 $ 11,536 $ 2,086 Gross increase (decrease) - prior year tax positions ( 340 ) ( 82 ) ( 1,664 ) Gross increase (decrease) - current year tax positions — — 11,114 Settlements — — — Unrecognized tax benefits – gross ending balance $ 11,114 $ 11,454 $ 11,536 As of December 31, 2023 and 2022, if recognized, $ 11.1 million and $ 11.5 million respectively, of the unrecognized tax benefits would impact the Company’s effective tax rate. During the year ended December 31, 2023, we recorded a decrease to tax interest of $ 151,000 , resulting in a total $ 491,000 in interest. During the year ended December 31, 2022, we recorded a decrease to tax interest of $ 257,000 , resulting in a total $ 641,000 in interest. It is difficult to predict the timing and resolution of uncertain tax positions. Based upon the Company’s assessment of many factors, including past experience and judgments about future events, it is probable that within the next 12 months the reserve for uncertain tax positions will increase within a range of $ 500,000 to $ 1.5 million. The reasons for such change include but are not limited to tax positions expected to be taken during 2023, revaluation of current uncertain tax positions, and expiring statutes of limitations. As of December 31, 2023, federal income tax returns for 2020 and after are open for examination. California worldwide unitary income tax returns for 2019 and after are open for examination. The Company’s net operating loss carry-forwards are subject to examination until they are fully utilized or expired. Some of the tax years which the losses originated from are currently closed. Australia income tax returns for calendar years 2019 and after are open for examination. Generally, New Zealand returns for calendar years 2018 and after remain open for examination.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2023
Borrowings [Abstract]
Borrowings	NOTE 12 – BORROWIN GS The Company’s borrowings at December 31, 2023 and 2022, net of deferred financing costs and incorporating the impact of interest rate swaps on our effective interest rates, are summarized below: As of December 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 $ 27,172 9.65 % 9.65 % Bank of America Credit Facility (US) (3 ) September 4, 2024 20,200 20,200 20,080 11.00 % 11.00 % Cinemas 1, 2, 3 Term Loan (US) October 1, 2024 21,008 21,008 20,780 8.84 % 8.84 % Minetta & Orpheum Theatres Loan (US) June 1, 2024 8,000 8,000 8,000 8.34 % 8.34 % U.S. Corporate Office Term Loan (US) January 1, 2027 8,401 8,401 8,356 4.64 % / 4.44 % 4.64% / 4.44% Union Square Financing (US) May 6, 2024 55,000 47,141 46,925 12.53 % 12.53 % Purchase Money Promissory Note (US) September 18, 2024 586 586 586 5.00 % 5.00 % Denominated in foreign currency ("FC") (2) NAB Corporate Term Loan (AU) July 31, 2025 68,276 68,276 68,173 6.11 % 6.11 % Westpac Bank Corporate (NZ) January 1, 2025 8,775 8,775 8,775 8.20 % 8.20 % Total $ 218,159 $ 210,300 $ 208,847 (1) Net of deferred financing costs amounting to $ 1.5 million. (2) The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on exchange rates as of December 31, 2023. (3) This piece of debt was extended after December 31, 2023. See the relevant heading below for discussion regarding this extension. 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 6.00 %. (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 FC-denominated borrowings were translated into U.S. dollars based on exchange rates as of December 31, 2022. (5) These two pieces of debt were extended after December 31, 2022. See the relevant heading below for discussion regarding extensions. Our loan arrangements are presented, net of the deferred financing costs, on the face of our consolidated balance sheet as follows: (Dollars in thousands) December 31, Balance Sheet Caption 2023 2022 Debt - current portion $ 34,484 $ 37,279 Debt - long-term portion 146,605 148,688 Subordinated debt - current portion 586 747 Subordinated debt - long-term portion 27,172 26,950 Total borrowings $ 208,847 $ 213,664 Impact of COVID-19 To address the impact of COVID-19 on our business, we sought and obtained certain modifications to our loan agreements with the Bank of America, National Australia Bank, and Westpac. These loan modifications included changes to some of the covenant compliance terms and waivers of certain covenant testing periods. We are currently in compliance with our loan covenants as so modified. To date it has not been necessary for us to seek modifications or waivers with respect to our other loan agreements, as we continue to be in compliance with the terms of such loan agreements without the need for any such modifications or waivers. Debt denominated in USD Bank of America Credit Facility As at December 31, 2023, our Bank of America facility matured 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. On March 27, 2024, our Bank of America facility was amended to provide, among other terms and conditions, (i) extend the Maturity Date to August 18, 2025 , (ii) require a $ 275,000 principal paydown, (iii) eliminate the minimum liquidity covenant, (iv) reduce the principal amortization amounts and provide a principal holiday period, and (v) require certain paydowns on the sale of certain real estate assets. Minetta and Orpheum Theatres Loan On November 1, 2023, our $ 8.0 million loan with Santander Bank, which is secured by our Minetta and Orpheum Theatres, matured. On January 26, 2024, we have extended this loan for a further six months to June 1, 2024 , while a full refinancing is pursued. 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. Following the phase out of LIBOR, the facility bears a variable interest rate of TERM SOFR plus 6.9 % 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. As these options are within our control, we continue to keep the loan classified as long-term. U.S. Corporate Office Term Loan On December 13, 2016, we obtained a ten-year $ 8.4 million mortgage loan on our new Los Angeles property at a fixed annual interest rate of 4.64 %. On June 26, 2017, we obtained a further $ 1.5 million under this provision at a fixed annual interest rate of 4.44 %. In February 2024 this loan was fully discharged using a portion of the proceeds from the sale of our 5995 Sepulveda office building. Cinemas 1,2,3 Term Loan and Line of Credit Our Cinemas 1,2,3 Term Loan is held by Sutton Hill Properties LLC (“SHP”), a 75 % owned subsidiary of RDI. On September 29, 2023, we extended the maturity of this loan from October 3, 2023, to October 1, 2024. The loan is with Valley National Bank, carries an interest rate of 3.50 % above monthly SOFR, with a floor of 7.50 %, and includes provisions for a prepaid interest reserve. The related party aspect of this loan is discussed at Note 20 – Related Parties . Purchase Money Promissory Note On September 18, 2019, we purchased 407,000 Company shares in a privately negotiated transaction under our Share Repurchase Program for $ 5.5 million. 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 . Trust Preferred Securities (“TPS”) On February 5, 2007, we issued $ 51.5 million in 20 -year fully subordinated notes to a trust over which we have significant influence, which in turn issued $ 51.5 million in securities. Of the $ 51.5 million, $ 50.0 million in TPS were issued to unrelated investors in a private placement and $ 1.5 million of common trust securities were issued by the trust to Reading called “Investment in Reading International Trust I” on our balance sheets. Effective May 1, 2012, the interest rate on our Trust Preferred Securities changed from a fixed rate of 9.22 %, which was in effect for five years , to a variable rate of three month LIBOR plus 4.00 %, which will reset each quarter through the end of the loan unless we exercise our right to re-fix the rate at the current market rate at that time. There are no principal payments due until maturity in 2027 when the notes and the trust securities are scheduled to be paid in full. We may pay off the debt after the first five years at 100 % of the principal amount without any penalty. The trust is essentially a pass through, and the transaction is accounted for on our books as the issuance of fully subordinated notes. The credit facility includes a number of affirmative and negative covenants designed to monitor our ability to service the debt. The most restrictive covenant of the facility requires that we must maintain a fixed charge coverage ratio at a certain level. However, on December 31, 2008, we secured a waiver of all financial covenants with respect to our TPS for a period of nine years (through December 31, 2017), in consideration of the payment of $ 1.6 million, consisting of an initial payment of $ 1.1 million, a payment of $ 270,000 made in December 2011, and a payment of $ 270,000 in December 2014. The covenant waiver expired January 1, 2018, after which a further covenant waiver was secured on October 11, 2018 for the remaining term of the loan, in consideration of payments totaling $ 1.6 million, consisting of an initial payment of $ 1.1 million paid on October 31, 2018, and a further payment made of $ 270,000 in October 2021 and $ 225,000 payable in October 2025. During the first quarter of 2009, we took advantage of the then current market illiquidity for securities such as our TPS to repurchase $ 22.9 million in face value of those securities through an exchange of $ 11.5 million worth of marketable securities purchased during the period for the express purpose of executing this exchange transaction with the third-party holder of these TPS. During the twelve months ended 2009, we amortized $ 106,000 of discount to interest income associated with the holding of these securities prior to their extinguishment. On April 30, 2009, we extinguished $ 22.9 million of these TPS, which resulted in a gain on retirement of subordinated debt (TPS) of $ 10.7 million net of loss on the associated write-off of deferred loan costs of $ 749,000 and a reduction in our Investment in Reading International Trust I from $ 1.5 million to $ 838,000 . During the three years ended December 31, 2023, we paid $ 1.1 million in 2021, $ 1.4 million in 2022 and $ 2.5 million in 2023 in preferred dividends to unrelated investors that are included in interest expense. At December 31, 2023 and 2022, we had preferred dividends payable of $ 443,000 and $ 387,000 , respectively. Interest payments for this loan are required every three months . Debt denominated in foreign currencies Australian NAB Corporate Loan Facility Our Revolving Corporate Markets Loan Facility with National Australia Bank (“NAB”) matures on July 31, 2025 . 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 and (ii) a Bank Guarantee Facility of AU$ 5.0 million at a rate of 1.9 % per annum. New Zealand Westpac Bank Corporate Credit Facility Our Westpac Corporate Credit Facility for NZ$ 13.8 million matures on January 1, 2025 . 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 quarter ending December 31, 2023. Aggregate amount of future principal debt payments As of December 31, 2023, our aggregate amount of future principal debt payments is estimated as follows: (Dollars in thousands) Future Principal Debt Payments 2024 $ 82,471 2025 92,102 2026 314 2027 35,413 2028 -- Thereafter -- Total future principal debt payments $ 210,300 The estimated amount of future principal payments in U.S. dollars is subject to change because the payments in U.S. dollars on the debt denominated in foreign currencies, which represent a significant portion of our total outstanding debt balance, will fluctuate based on the applicable foreign currency exchange rates.

Pension And Other Liabilities

Pension And Other Liabilities	12 Months Ended
	Dec. 31, 2023
Pension And Other Liabilities [Abstract]
Pension And Other Liabilities	NOTE 13 – PENSION AND OTHER LIABILITI ES Other liabilities including pension are summarized as follows: December 31, (Dollars in thousands) 2023 2022 Current liabilities Lease liability (2) 5,900 — Accrued pension (1) 684 684 Security deposit payable 74 68 Finance lease liabilities 40 28 Other 33 33 Other current liabilities $ 6,731 $ 813 Other liabilities Accrued pension (1) 2,646 3,138 Lease make-good provision 6,050 6,131 Deferred rent liability 1,314 2,484 Environmental reserve 1,656 1,656 Lease liability (2) — 5,900 Acquired leases 2 11 Finance lease liabilities 43 — Other non-current liabilities $ 11,711 $ 19,320 (1) Represents the pension liability associated with the Supplemental Executive Retirement Plan explained below. (2) Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See Note 20 – Related Parties for more information. Pension Liability – Supplemental Executive Retirement Plan On August 29, 2014, the Supplemental Executive Retirement Plan (“SERP”) that was effective since March 1, 2007, was ended and replaced with a new pension annuity. As a result of the termination of the SERP program, the accrued pension liability of $ 7.6 million was reversed and replaced with a new pension annuity liability of $ 7.5 million. The valuation of the liability is based on the present value of $ 10.2 million discounted at 4.25 % over a 15 -year term, resulting in a monthly payment of $ 57,000 payable to the estate of Mr. James J. Cotter, Sr. The discounted value of $ 2.7 million (which is the difference between the estimated payout of $ 10.2 million and the present value of $ 7.5 million) will be amortized and expensed based on the 15 -year term. In addition, the accumulated actuarial loss of $ 3.1 million recorded, as part of other comprehensive income, will also be amortized based on the 15 - year term. As a result of the above, included in our other current and non-current liabilities are accrued pension costs of $ 3.3 million and $ 3.8 million as of December 31, 2023 and 2022, respectively. The benefits of our pension plans are fully vested and therefore no service costs were recognized in 2023 and 2022. Our pension plans are unfunded. The change in the SERP pension benefit obligation and the funded status are as follows: December 31, (Dollars in thousands) 2023 2022 Benefit obligation at January 1 $ 3,822 $ 4,289 Service cost Interest cost 191 216 Payments made ( 683 ) ( 683 ) Benefit obligation at December 31 $ 3,330 $ 3,822 Unfunded status at December 31 $ ( 3,330 ) $ ( 3,822 ) Amounts recognized in the balance sheet consists of: December 31, (Dollars in thousands) 2023 2022 Current liabilities $ 519 $ 684 Other liabilities - Non current 2,811 3,138 Total pension liability $ 3,330 $ 3,822 The components of the net periodic benefit cost and other amounts recognized in other comprehensive income are as follows: December 31, (Dollars in thousands) 2023 2022 Net periodic benefit cost Interest cost $ 191 $ 216 Amortization of prior service costs — — Amortization of net actuarial gain 153 147 Net periodic benefit cost $ 344 $ 363 Items recognized in other comprehensive income Net loss $ — $ — Amortization of net loss ( 153 ) ( 147 ) Total recognized in other comprehensive income $ ( 153 ) $ ( 147 ) Total recognized in net periodic benefit cost and other comprehensive income $ 191 $ 216 Items not yet recognized as a component of net periodic pension cost consist of the following: December 31, (Dollars in thousands) 2023 2022 Unamortized actuarial loss $ 1,669 $ 1,822 Accumulated other comprehensive income $ 1,669 $ 1,822 The estimated unamortized actuarial loss for the defined benefit pension plan that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the next fiscal year will be $ 207,000 (gross of any tax effects). The following table presents estimated future benefit payments for the next five years and thereafter as of December 31, 2023: (Dollars in thousands) Estimated Future Pension Payments 2024 $ 519 2025 547 2026 576 2027 607 2028 638 Thereafter 443 Total pension payments $ 3,330 Lease Make-Good Provision We recognize obligations for future leasehold restoration costs relating to properties that we use mostly on our cinema operations under operating lease arrangements. Each lease is unique to the negotiated conditions with the lessor, but in general most leases require for the removal of cinema-related assets and improvements. There are no assets specifically restricted to settle this obligation. A reconciliation of the beginning and ending carrying amounts of the lease make-good provision is presented in the following table: (Dollars in thousands) As of and for the year ended December 31, 2023 As of and for the year ended December 31, 2022 Lease make-good provision, at January 1 $ 6,131 $ 7,766 Liabilities incurred during the year 45 — Liabilities settled during the year ( 408 ) ( 67 ) Liabilities remeasured during the year ( 24 ) ( 1,567 ) Accretion expense 292 293 Effect of changes in foreign currency 14 ( 294 ) Lease make-good provision, at December 31 $ 6,050 $ 6,131

Commitments And Contingencies

Commitments And Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments And Contingencies [Abstract]
Commitments And Contingencies	NOTE 14 – COMMITMENTS AND CONTINGENCI ES 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. 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.

Non-controlling Interests

Non-controlling Interests	12 Months Ended
	Dec. 31, 2023
Non-controlling Interests [Abstract]
Non-controlling Interests	NOTE 15 – NON-CONTROLLING INTERES TS As of December 31, 2023, the non-controlling interests in our consolidated subsidiaries are comprised of the following:  Australia Country Cinemas Pty Ltd. – 25 % non-controlling interest owned by Panorama Group International Pty.;  Shadow View Land and Farming, LLC – 50 % non-controlling membership interest owned by either the estate of Mr. James J. Cotter, Sr. (the “Cotter Estate”) or the James J. Cotter Sr. Living Trust (the “Cotter Trust”); and,  Sutton Hill Properties, LLC – 25 % non-controlling interest owned by Sutton Hill Capital, LLC (which in turn is 50 % owned by the Cotter Estate and/or the Cotter Trust). The components of non-controlling interest are as follows: December 31, (Dollars in thousands) 2023 2022 Australian Country Cinemas, Pty Ltd $ 76 $ 26 Shadow View Land and Farming, LLC ( 2 ) ( 3 ) Sutton Hill Properties, LLC ( 165 ) 400 Non-controlling interests in consolidated subsidiaries $ ( 91 ) $ 423 The components of income/(loss) attributable to non-controlling interests are as follows: (Dollars in thousands) 2023 2022 2021 Australian Country Cinemas, Pty Ltd $ 51 $ 70 $ 111 Shadow View Land and Farming, LLC 1 ( 4 ) 3,163 Sutton Hill Properties, LLC ( 564 ) ( 542 ) ( 381 ) Net income (loss) attributable to non-controlling interests in consolidated subsidiaries $ ( 512 ) $ ( 476 ) $ 2,893 Shadow View Land and Farming, LLC On March 5, 2021, Shadow View Land and Farming, LLC, sold its only asset, being certain land holdings in Coachella, California, for $ 11.0 million and is currently in the process of winding up and liquidating. See Note 5 Real Estate Transactions.

Share-Based Compensation And Sh

Share-Based Compensation And Share Repurchase Plans	12 Months Ended
	Dec. 31, 2023
Share-Based Compensation and Stock Repurchase Plans [Abstract]
Share-Based Compensation and Share Repurchase Plans	NOTE 16 – SHARE-BASED COMPENSATION AND SHARE REPURCHASE PLA NS 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 number of permitted authorized shares for issuance was 1,250,000 (the “2020 Authorized Amount”). Added to the 2020 Authorized Amount would be any awards outstanding under the 2010 Plan and 2020 Plan that were subsequently forfeited (for instance, through a then outstanding out of the money option) or if the related shares are repurchased, a corresponding number of shares would automatically become available for issuance under the 2020 Plan, thus resulting in a potential increase from the 2020 Authorized Amount available for issuance under the 2020 Plan. On December 7, 2023, the Company’s stockholders, upon recommendation of the Company’s board of directors, approved the First Amendment to the 2020 Stock Incentive Plan, increasing the number of Class A Common Stock reserved for issuance under the 2020 Plan by an additional 971,807 shares. 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. At December 31, 2023, there were 1,295,241 shares of Class A Common Stock available for issuance under the 2020 Plan, which includes shares from the 2010 Plan that become available for issuance due to the forfeiture of then outstanding out of the money stock options. 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 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. 207,657 stock options were issued to the Board of Directors in the year ended December 31, 2023. No stock options were issued in the years ended December 31, 2022 or December 31, 2021. The weighted average assumptions used in the option-valuation model for the years 2023, 2022 and 2021 were as follows: 2023 2022 2021 Stock option exercise price $ 1.92 $ — $ — Risk-free interest rate 4.12 % 0.00 % 0.00 % Expected dividend yield — — — Expected option life in years 5.50 — — Expected volatility 53.20 % 0.00 % 0.00 % Weighted average fair value $ 1.01 $ — $ — We recorded stock-based compensation expense of $ 50,000 , $ 212,000 , and $ 402,000 for 2023, 2022, and 2021, respectively. At December 31, 2023, the total unrecognized estimated compensation cost related to non-vested stock options was $ 196,000 which is expected to be recognized over a weighted average vesting period of 9.94 years. No cash was received from option exercises in 2023, 2022 or 2021. The following is a summary of the status of RDI’s outstanding stock options for the three years ended December 31, 2023: Outstanding Stock Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Years of Contractual Life Aggregate Intrinsic Value Class A Class B Class A Class B Class A&B Class A&B Outstanding - January 1, 2021 713,479 — $ 14.64 $ — 2.18 $ 13,969 Granted — — — — Exercised ( 38,803 ) — 4.66 — 63,831 Expired ( 157,332 ) — 11.87 — Outstanding - December 31, 2021 517,344 — $ 15.42 $ — 1.66 $ — Granted — — — — Exercised — — — — — Expired ( 189,846 ) — 14.63 — Outstanding - December 31, 2022 327,498 — $ 15.87 $ — 1.24 $ — Granted 207,657 — 1.92 — Exercised — — — — — Expired ( 122,376 ) — — — Outstanding - December 31, 2023 412,779 — $ 14.19 $ — 1.79 $ — The following is a summary of the status of RDI’s vested and unvested stock options as of December 31, 2023, 2022 and 2021: Vested and Unvested Stock Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Years of Contractual Life Aggregate Intrinsic Value Class A Class B Class A Class B Class A&B Class A&B Vested December 31, 2023 205,122 — $ 15.92 $ — 0.56 $ — December 31, 2022 276,218 — 15.81 — 1.17 — December 31, 2021 384,189 — 15.38 — 1.42 — Unvested December 31, 2023 207,657 — $ 4.54 $ — 1.79 $ — December 31, 2022 51,281 — 16.15 — 1.24 — December 31, 2021 133,155 — 15.65 — 2.29 — Restricted Stock Units Time vested RSU awards to management vest 25 % on the anniversary of the grant date and the remainder 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 vesting 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. On April 11 and April 21, 2023, the Board of Directors determined that our Company was not in a position to pay cash bonuses that would otherwise have been earned by certain members of management under our Company’s Incentive Compensation Plan for 2022, and authorized the issuance in lieu of such cash bonuses 85,139 RSUs, vesting on April 11, 2024 and 52,360 RSUs, vesting on April 21, 2024. During the years ended December 31, 2023 and December 31, 2022, we recognized compensation expense related to RSUs of $ 1.8 million and $ 1.7 million respectively. The total unrecognized compensation expense related to these unvested RSUs was $ 3.6 million as of December 31, 2023. Below is a table that shows the restricted stock units that have been issued and vested during the years ending December 31, 2023 along with the dollar value of these awards: Number of RSUs $ value of RSUs Granted Vested Forfeited Unvested Granted Vested Forfeited Unvested 2016 68,153 67,372 781 — $ 815,160 $ 805,759 $ 9,400 $ — 2017 70,538 70,006 532 — 1,124,348 1,115,852 8,496 — 2018 97,600 94,426 3,174 — 1,581,512 1,529,648 51,864 — 2019 59,258 56,154 3,104 — 944,070 894,065 50,005 — 2020 401,966 354,950 28,258 18,758 2,281,899 1,996,354 170,840 114,705 2021 361,593 177,510 35,657 148,426 2,185,222 1,002,259 229,250 953,712 2022 502,582 149,404 70,676 282,502 1,998,505 525,753 294,720 1,178,033 2023 671,682 — 55,857 615,825 2,173,049 — 180,451 1,992,598 Total 2,233,372 969,822 198,039 1,065,511 $ 13,103,765 $ 7,869,691 $ 995,025 $ 4,239,049 Stock Repurchase Plan At December 31, 2023, we had available $ 26.0 million in our Board approved Stock Repurchase Program. That program expired on March 10, 2024. No stock has been repurchased by our Company since March 10, 2020.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	NOTE 17 – ACCUMULATED OTHER COMPREHENSIVE INCO ME The following table summarizes the changes in each component of accumulated other comprehensive income attributable to RDI: (Dollars in thousands) Foreign Currency Items (1) Unrealized Gain (Losses) on Available- for-Sale Investments Accrued Pension Service Costs (2) 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 — — — ( 1 ) ( 1 ) Amounts reclassified from accumulated other comprehensive income — — — ( 579 ) ( 579 ) Net change related to derivatives — — — ( 580 ) ( 580 ) Net current-period other comprehensive income ( 289 ) — 153 ( 580 ) ( 716 ) Balance at December 31, 2023 $ ( 986 ) $ ( 18 ) $ ( 1,669 ) $ — $ ( 2,673 ) (1) Net of income tax benefit of $ 8,000 . (2) Net of income tax expense of $ 54,000 .

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2023
Fair Value Measurements [Abstract]
Fair Value Measurements	NOTE 18 – FAIR VALUE MEASUREMEN TS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. If quoted prices in an active market are available, fair value is determined by reference to these prices. If quoted prices are not available, fair value is determined by valuation models that primarily use, as inputs, market-based or independently sourced parameters, including but not limited to interest rates, volatilities, and credit curves. Additionally, we may reference prices for similar instruments, quoted prices or recent transactions in less active markets. We use prices and inputs that are current as of the measurement date. Assets and liabilities that are carried at fair value (either recurring or non-recurring basis) are classified and disclosed in one of the following categories:  Level 1: Quoted (unadjusted) prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. This consist primarily of investments in marketable securities which are our 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: Quoted prices in active markets for similar assets and liabilities, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes our derivative financial instruments which 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 December 31, 2023 and 2022, we concluded that the credit valuation adjustments were not significant to the overall valuation of our derivatives.  Level 3: Unobservable inputs that are supported by little or no market activity may require significant judgment in order to determine the fair value of the assets and liabilities. This category includes: i. Debt – includes 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. ii. Goodwill, Other Intangibles and Other Long-lived Assets – refer to the “ Impairment of Long-Lived Assets” section in Note 2 – Summary of Significant Accounting Policies for a description of valuation methodology used for fair value measurements of goodwill, intangible assets and long-lived assets. Given this category represents several lines in our Consolidated Balance Sheet and since the recorded values agree to fair values, we did not include this in the subsequent tables presented. Also, our Level 1 financial instruments include cash and cash equivalents, receivables, and accounts payable and accrued liabilities. The carrying values of these financial instruments approximate the fair values due to their short maturities. There have been no changes in the methodologies used at December 31, 2023 and 2022. Additionally, there were no transfers of assets and liabilities between Levels 1, 2, or 3 during the three years ended December 31, 2023. Recurring Fair Value Measurements As of December 31, 2023 we had no derivative financial instruments. As of December 31, 2022, we had derivative financial assets carried and measured at fair value on a recurring basis of $ 907,000 and no derivative financial liabilities in a liability position. Nonrecurring Fair Value Measurements The following tables provide information about financial assets and liabilities not carried at fair value on a nonrecurring basis in our consolidated balance sheets: Carrying Fair Value Measurements at December 31, 2023 (Dollars in thousands) Balance Sheet Location Value (1) Level 1 Level 2 Level 3 Total Financial liabilities Notes payable Debt - current and long-term portion $ 182,387 $ — $ — $ 148,325 $ 148,325 Subordinated debt Subordinated debt - current and long-term portion 27,913 — — 27,832 27,832 Total $ 210,300 $ — $ — $ 176,157 $ 176,157 Carrying Fair Value Measurements at December 31, 2022 (Dollars in thousands) Balance Sheet Location Value (1) Level 1 Level 2 Level 3 Total Financial liabilities Notes payable Debt - current and long-term portion $ 187,720 $ — $ — $ 172,230 $ 172,230 Subordinated debt Subordinated debt 27,913 — — 25,025 25,025 Total $ 215,633 $ — $ — $ 197,255 $ 197,255 (1) These balances are presented gross of deferred financing costs.

Hedge Accounting

Hedge Accounting	12 Months Ended
	Dec. 31, 2023
Hedge Accounting [Abstract]
Hedge Accounting	NOTE 19 – HEDGE ACCO UNTI NG As of December 31, 2023 the Company held no interest rate derivatives. As of December 31, 2022, the Company held interest rate derivatives in the total notional amount $ 51.0 million. The derivatives are recorded on the balance sheet at fair value and are included in the following line items: Asset Derivatives 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 $ 907 Derivative financial instruments - non-current portion — Derivative financial instruments - non-current portion — Total derivatives designated as hedging instruments $ — $ 907 Total derivatives $ — $ 907 Liability Derivatives 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 2023 and 2022, the derivative instruments affected Comprehensive Income as follows: (Dollars in thousands) Location of Loss Recognized in Income on Derivatives Amount of Loss Recognized in Income on Derivatives 2023 2022 Interest rate contracts Interest expense, net $ ( 821 ) $ ( 672 ) Total $ ( 821 ) $ ( 672 ) Loss Recognized in OCI on Derivatives (Effective Portion) Loss Reclassified from OCI into Income (Effective Portion) Loss Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing) (Dollars in thousands) Amount Line Item Amount Line Item Amount 2023 2022 2023 2022 2023 2022 Interest rate contracts $ 2 $ ( 1,520 ) Interest expense, net $ 821 $ 672 Interest expense, net $ — $ — Total $ 2 $ ( 1,520 ) $ 821 $ 672 $ — $ — As of December 31, 2023, we have no derivative instruments.

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2023
Related Parties [Abstract]
Related Parties	NOTE 20 – RELATED PARTI ES The following table identifies our related parties as of December 31, 2023, in accordance with ASC 850, Related Party Transactions : Categories Related Parties Discussion Notes  Principal Owners and immediate families  Cotter Family’s Estate and Living Trust (controlling family)  Mark Cuban (above 10% voting ownership)  Key Executive Officers and immediate families  Ellen M. Cotter  Margaret Cotter  Gilbert Avanes  Andrzej J. Matyczynski  S Craig Tompkins  Robert F. Smerling  Mark Douglas  President and Chief Executive Officer  EVP Real Estate Development and Management (NY)  EVP Chief Financial Officer and Treasurer  EVP Global Operations  EVP General Counsel  President – U.S. Cinemas  Managing Director, Australia and New Zealand  Investments in Joint Ventures accounted for under equity method  Rialto Cinemas  Mt. Gravatt Refer to Note 8 – Investment in Joint Ventures  Other Affiliates  Entities under common control  All subsidiaries of RDI Refer to Exhibit 21 of this 2023 Form 10-K filing for the complete list of subsidiaries. Refer below for further discussions on certain key transactions with related parties, including those with minority interests. Sutton Hill Capital In 2001, we entered into a transaction with Sutton Hill Capital, LLC (“SHC”) regarding the master leasing, with an option to purchase, of certain cinemas located in Manhattan including our Village East and Cinemas 1,2,3 theaters. In connection with that transaction, we also agreed (i) to lend certain amounts to SHC, to provide liquidity in its investment, pending our determination whether or not to exercise our option to purchase and (ii) to manage the 86 th Street Cinema on a fee basis. SHC is a limited liability company owned in equal shares by the Cotter Estate and a third party. As previously reported, over the years, two of the cinemas subject to the master leasing agreement have been redeveloped and one (the Cinemas 1,2,3 discussed below) has been acquired. The Village East is the only cinema that remains subject to this master lease. Village East On June 29, 2010, we agreed to extend our existing lease from SHC of the Village East Cinema by 10 years, with a new termination date of June 30, 2020. This amendment was reviewed and approved by our Audit and Conflicts Committee. The Village East lease includes a sub-lease of the ground underlying the cinema that is subject to a longer-term ground lease between SHC and an unrelated third party that expires in June 2031 (the “cinema ground lease”). The extended lease provides for a call option pursuant to which Reading may purchase the cinema ground lease for $ 5.9 million at the end of the lease term. Additionally, the lease has a put option pursuant to which SHC may require our Company to purchase all or a portion of SHC’s interest in the existing cinema lease and the cinema ground lease at any time between July 1, 2013 and December 4, 2019. Because our late Chairman, Chief Executive Officer, and controlling stockholder, Mr. James J. Cotter, Sr. was also the managing member of SHC, RDI and SHC are considered entities under common control. As a result, we have recorded the Village East Cinema building as a property asset of $ 4.7 million on our balance sheet based on the cost carry-over basis from an entity under common control with a corresponding lease liability of $ 0.0 million presented under other liabilities which accreted up to the $ 5.9 million liability through July 1, 2013. On August 28, 2019, we exercised our option to acquire the ground lessee’s interest. It was initially agreed that the transaction would close on or about May 31, 2021. We have at various times extended the close of the option to its current date of on or before July 1, 2024. In each of the years 2021 to 2023 we were charged rent of $ 590,000 for this cinema. In 2021 we paid $ 1.0 million to SHC, representing our 2021 obligation and $ 442,000 of deferred obligation from 2020. We paid $ 590,000 in full in 2022. In 2023, we paid $ 442,000 and deferred the balance. Cinemas 1, 2, 3 In 2005, we acquired (i) from a third party the fee interest underlying the Cinemas 1,2,3 and (ii) from SHC its interest in the ground lease estate underlying and the improvements constituting the Cinemas 1,2,3. The ground lease estate and the improvements acquired from SHC were originally a part of the master lease transaction, discussed above. In connection with that transaction, we granted to SHC an option to acquire at cost a 25 % interest in the special purpose entity (Sutton Hill Properties, LLC) formed to acquire these fee, leasehold and improvements interests. On June 28, 2007, SHC exercised this option, paying $ 3.0 million and assuming a proportionate share of SHP’s liabilities. At the time of the option exercise and the closing of the acquisition of the 25 % interest, SHP had debt of $ 26.9 million, including a $ 2.9 million, non-interest-bearing intercompany loan from the Company. Since the acquisition by SHC of its 25 % interest, SHP has covered its operating costs and debt service through cash flow from the Cinema 1,2,3, (ii) borrowings from third parties, and (iii) pro-rata contributions from the members. In February 2015, we and SHP amended the management agreement dated as of June 27, 2007 relating to our management of the Cinemas 1,2,3. The amendment, which was retroactive to December 1, 2014, memorialized our undertaking to SHP to fund up to $ 750,000 (the “Renovation Funding Amount”) of renovations to Cinemas 1,2,3. In consideration of our funding of the renovations, our annual management fee was increased commencing January 1, 2015 by an amount equivalent to 100 % of any incremental positive cash flow of Cinemas 1,2,3 over the average annual positive cash flow of the Cinemas 1,2,3 over the three year period ended December 31, 2014 (not to exceed a cumulative aggregate amount equal to the Renovation Funding Amount), plus a 15 % annual cash-on-cash return on the balance outstanding from time to time of the Renovation Funding Amount, payable at the time of the payment of the annual management fee (the “Improvements Fee”). Under the amended management agreement, we retained ownership of (and any right to depreciate) any furniture, fixtures and equipment purchased by us in connection with such renovation and had the right (but not the obligation) to remove all such furniture, fixtures and equipment (at our own cost and expense) from the Cinemas 1,2,3 upon the termination of the management agreement. The amendment also provided that, during the term of the management agreement, SHP would be responsible for the cost of repair and maintenance of the renovations. This amendment was approved by SHC and by the Audit and Conflicts Committee of our Board of Directors. On November 6, 2020, we and SHP further amended the management agreement to terminate the Investments Fee in consideration of a one time payment to us of $ 112,500 and the reimbursement in full of the Renovation Funding Amount, and transferred to SHC all of our ownership rights in the renovation assets. This amendment was approved by SHC and by the Audit and Conflicts Committee of our Board of Directors. On August 31, 2016, we refinanced the debt of Cinemas 1,2,3, pursuant to a $ 20.0 million loan from Valley National Bank. Refer to Note 12 – Borrowings for further details on this loan transaction and its maturity. The proceeds from the loan were used to retire an existing $ 15.0 million first mortgage loan and the above-referenced $ 2.9 million intercompany loan, with the remainder to be used for working capital and to cover cash flow shortfalls. Since the cash flow from the Cinemas 1,2,3 is not sufficient to service this loan, it is anticipated that the members of SHP (our Company and SHC) will ultimately need to make periodic contributions to the capital of SHP in order to avoid dilution of their respective interests in SHP. In 2016, our Company and SHC funded capital calls of $ 506,000 and $ 169,000 , respectively. No capital contributions were called or made in 2021, 2022 or 2023. The Valley National Loan has been guaranteed by our Company and an environmental indemnity has been provided by our Company. SHC has agreed to indemnify our Company to the extent of 25 % of any loss incurred by our Company with respect to any such guarantee and/or indemnity (a percentage reflecting SHC’s membership interest in SHP). The refinancing transaction, including the guarantee and indemnity, were reviewed and approved by the Audit and Conflicts Committee of our Board of Directors. On October 1, 2020, SHP made a distribution of $ 1.0 million, paying $ 750,000 to our Company and $ 250,000 to SHC. In 2022, we extended a working capital loan to SHP, the balance of which was $ 5.1 million at December 31, 2023. Interest is charged at the rate we receive on our Bank of America facility. The loan was approved by the Audit and Conflicts Committee of our Board of Directors. Live Theatre Play Investment From time to time, our Officers and Directors may invest in plays that lease our live theatres. The play STOMP played in our Orpheum Theatre since prior to the time we acquired the theatre in 2001, until its final show on January 8, 2023. The Cotter Estate and a third party own an approximately 5 % interest in that play, an interest that they have held since prior to our acquisition of the theatre. Shadow View Land and Farming LLC During 2012, Mr. James J. Cotter, Sr., our then Chairman, Chief Executive Officer and controlling stockholder, contributed $ 2.5 million cash and $ 255,000 of his 2011 bonus as his 50 % share of the purchase price of a land parcel in Coachella, California and to cover his 50 % share of certain costs associated with that acquisition. The property was held in Shadow View Land and Farming, LLC, in which the Cotter Estate owns a 50 % interest and was held debt free and operating and holding costs were covered by member contributions. The Audit and Conflicts Committee of the Board of Directors was charged with responsibility for oversight of our management of Shadow View. As discussed at Note 5 – Real Estate Transactions , the land held by Shadow View Land and Farming LLC was sold on March 5, 2021.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	NOTE 21 – SUBSEQUENT EVEN TS On January 26, 2024, we extended our Santander loan for six months to June 1, 2024, while a full refinancing is pursued. See Note 12 – Borrowings . On February 23, 2024, we sold our Culver City property for $ 10 .0 million. See Note 5 – Real Estate Transactions . On March 27, 2024, we obtained a waiver and amendment for our Bank of America facility. See Note 12 – Borrowings .

Schedule II - Valuation And Qua

Schedule II - Valuation And Qualifying Accounts	12 Months Ended
	Dec. 31, 2023
Schedule II - Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation And Qualifying Accounts	Schedule II – Valuation and Qualifying Accou nts Balance at January 1 Increase Decrease Balance at December 31 Allowance for doubtful accounts 2023 $ 1,042 $ 97 787 $ 352 2022 $ 1,169 $ 107 234 $ 1,042 2021 $ 1,382 $ 50 263 $ 1,169 Tax valuation allowance 2023 $ 50,778 $ 8,309 — $ 59,087 2022 $ 40,894 $ 9,884 — $ 50,778 2021 $ 47,056 $ — 6,162 $ 40,894

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2023
Summary Of Significant Accounting Policies [Abstract]
Basis Of Consolidation	Basis of Consolidation Our consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). These consolidated financial statements include the accounts of our wholly owned subsidiaries, which are RDGE, CRG, and CDL. We have also consolidated the following entities that are not wholly owned for which we have control:  Australia Country Cinemas Pty, Limited, a company in which we own a 75 % interest and whose only assets are our leasehold cinema at Dubbo, Australia and our owned cinema at Townsville, Australia;  Sutton Hill Properties, LLC (“SHP”), a company based in New York in which we own a 75 % interest and whose only asset is the fee interest in the Cinemas 123; and,  Shadow View Land and Farming, LLC in which we own a 50 % controlling membership interest and whose only asset was a 202 -acre land parcel in Coachella, California which was sold in March 2021. The company is now in the process of winding up. Our investment interests in certain joint venture arrangements, for which we own between 20 % to 50 % and for which we have no control over the operations, are accounted for as unconsolidated joint ventures, and hence, recorded in the consolidated financial statements under the equity method. These investment interests include our:  33.3 % undivided interest in the unincorporated joint venture that owns the Mt. Gravatt cinema in a suburb of Brisbane, Australia;  50 % undivided interest in the unincorporated joint venture that owns Rialto Cinemas in New Zealand. We consider that we have control over our partially owned subsidiaries and joint venture interests (collectively “investee”) when these conditions exist: (i) we own a majority of the voting rights or interests of the investee (typically above 50%), or (ii) in the case when we own less than the majority voting rights or interests, we have the power over the investee when the voting rights or interests are sufficient to give it the practical ability to direct the relevant activities of the investee unilaterally. The Company considers all relevant facts and circumstances in assessing whether or not our voting rights in the investee are sufficient to give it power, including: (i) the size of our voting rights and interests relative to the size and dispersion of holdings of other vote holders; (ii) potential voting rights and interests held by us; (iii) rights and interests arising from other contractual arrangements; and, (iv) any additional other relevant facts. All intercompany balances and transactions have been eliminated on the consolidation.
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. Hence, actual results may differ from those estimates. Significant estimates and assumptions include, but are not limited to: (i) projections we make regarding the recoverability and impairment of our assets (including goodwill and intangibles); (ii) valuations of our derivative instruments; (iii) allocation of insurance proceeds to various recoverable components; (iv) recoverability of our deferred tax; (v) estimation of our Incremental Borrowing Rate (“IBR”) as relates to the valuation of our right-of-use assets and lease liabilities; and, (vi) estimation of gift card and gift certificate breakage where we have concluded that the likelihood of redemption is remote.
Revenue Recognition	Revenue Recognition (i) Cinema Exhibition Segment (all net of related taxes):  Sales of Cinema tickets (excluding bulk and advanced ticket sales) and food and beverage (“F&B”) sales – recognized when sold and collected, either in cash or credit card at our theatre locations and through our online selling channels;  Sales of Bulk and Advanced Cinema Ticket Sales – deferred and recognized as revenue when the promised performance or movie that the ticket has been purchased for is shown;  Gift Cards and Gift Certificate Sales – deferred and recognized as revenue when redeemed, except for the breakage portion, as described below;  Breakage Income – recognized for unredeemed cards and certificates using the proportional method, whereby breakage revenue is recognized in proportion to the pattern of rights exercised by the customer when the Company expects that it is probable that a significant revenue reversal would not occur for any estimated breakage amounts. This is based on a breakage ‘experience rate’ which is determined by historical redemption data;  Loyalty Income - a component of revenue from members of our loyalty programs relating to the earning of loyalty rewards is deferred until such a time as members redeem rewards, or until we believe the likelihood of redemption by the member is remote. Deferral is based on the progress made toward the next reward, the fair value of that reward, and the likelihood of redemption, determined by historical redemption data, a nd;  Advertising Revenues – recognized based on contractual arrangements or relevant admissions information, as appropriate, when the related performance obligation is satisfied. (ii) Real Estate Segment:  Property Rentals –we contractually retain substantially all of the risks and benefits of ownership of our real estate properties and therefore, we account for our tenant leases as operating leases. Accordingly, rental revenue is recognized on a straight-line basis over the lease term; and,  Live Theatre License Fees – w e have real property interest in, and license theatre space to third parties for, the presentation of theatrical productions. Revenue is recognized in accordance with the license agreement and is typically recorded on a weekly basis after the performance of a show has occurred .
Cash And Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid investments with original maturities of three months or less at the time of purchase as cash equivalents for which cost approximates fair value.
Receivables	Receivables Our receivables balance is composed primarily of credit card and booking agent receivables, representing the purchase price of tickets, food & beverage items, or coupon books sold at our various businesses. Sales charged on customer credit cards are collected when the credit card transactions are processed. The remaining receivables balance is primarily made up of the net Goods and Service Tax (“GST”) receivable from our Australian taxing authorities, rents receivable from our third-party tenants, and the management fee receivable from the managed cinemas. We have no history of significant bad debt losses but we have established an allowance for accounts that we deem uncollectible.
Inventory	Inventory Inventory is composed of food and beverage items in our theater operations and books and associated stationery items at our State Cinema bookstore, and is stated at the lower of cost (first-in, first-out method) or net realizable value.
Restricted Cash	Restricted Cash Restricted cash includes those cash accounts for which the use of funds is restricted by any contract or bank covenant. At December 31, 2023 and 2022, our restricted cash balance was $ 2.5 million and $ 5.0 million, respectively.
Derivative Financial Instruments	Derivative Financial Instruments From time to time, we purchase interest rate derivative instruments to hedge the interest rate risk that results from the variability of certain of our floating-rate borrowings. Our use of derivative transactions is intended to reduce long-term fluctuations in cash flows caused by market movements. Derivative instruments are recorded on the balance sheet at fair value with changes in fair value through interest expense in the Consolidated Statements of Operations or, in the case of accounting hedges, in Other Comprehensive Income and then reclassified into interest expense in the same period(s) during which the hedged transactions affect earnings. The cash flows from interest rate derivatives are classified as cashflows provided by operating activities in the Consolidated Cashflow Statement, as are the hedged transactions. As of December 31, 2023 we had no derivative positions designated as accounting hedges. As of December 31, 2022, we had favorable derivative positions designated as accounting hedges of $ 907,000 With regards to accounting hedges, the Company has elected, by reference to certain practical expedients contained within ASC 848 Reference Rate Reform , to continue the method of assessing effectiveness as documented in the original hedge, so that the reference rate on the hypothetical derivative matches the reference rate on the hedging instrument. In addition, the Company has elected the expedient permitting the assertion of probability of the hedged interest payments regardless of any expected modification in the terms related to reference rate reform.
Operating Properties, Net	Operating Properties, net Our Operating Properties consist of land, buildings and improvements, leasehold improvements, fixtures and equipment, which we use to derive operating income associated with our two business segments, cinema exhibition and real estate. Buildings and improvements, leasehold improvements, fixtures and equipment are initially recorded at the lower of cost or fair market value and depreciated over the useful lives of the related assets. Land is not depreciated. Expenditures relating to renovations, betterments or improvements to existing assets are capitalized if they improve or extend the lives of the respective assets and/or provide long-term future net cash inflows, including the potential for cost savings. Depreciation and amortization are provided using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are generally as follows: Building and improvements 15 – 60 years Leasehold improvements Shorter of the lease term or useful life of the improvement Theater equipment 7 years Furniture and fixtures 3 – 10 years
Investment And Development Properties, Net	Investment and Development Properties, net Investment and Development Properties consist of land, buildings and improvements under development, and their associated capitalized interest and other development costs that we are either holding for development, currently developing, or holding for investment appreciation purposes. These properties are initially recorded at the lower of cost or fair market value. Within this category are building and improvement costs directly associated with the development of potential cinemas (whether for sale or lease), the development of entertainment-themed centers (“ETCs”), or other improvements to real property. In the case of investments in land and the redevelopment of existing improvements, where we have a confirmed capital project we capitalize cost associated with title work, land use matters, and design, engineering and architectural work. As incurred, we expense start-up costs (such as pre-opening cinema advertising and training expense) and other costs not directly related to the acquisition and development of long-term assets. We cease cost capitalization (including interest) on a development property when the property is complete and ready for its intended use, or if activities necessary to get the property ready for its intended use have been substantially curtailed. However, we do not suspend cost capitalization for brief interruptions and interruptions that are externally imposed, such as mandates from governmental authorities.
Impairment Of Long-Lived Assets	Impairment of Long-Lived Assets We review long-lived assets, including goodwill and intangibles, for impairment as part of our annual budgeting process, at the beginning of the fourth quarter, and whenever events or changes in circumstances indicate that the carrying amount of the asset may not be fully recoverable. We review internal management reports on a monthly basis as well as monitor current and potential future competition in film markets for indications of potential impairment. (i) Impairment of Long-lived Assets (other than Goodwill and Intangible Assets with indefinite lives) – we evaluate our long-lived assets and finite-lived intangible assets using historical and projected data of cash flows as our primary indicator of potential impairment and we take into consideration the seasonality of our business. If the sum of the estimated, undiscounted future cash flows is less than the carrying amount of the asset, then an impairment is recognized for the amount by which the carrying value of the asset exceeds its estimated fair value based on an appraisal or a discounted cash flow calculation. We include all relevant right-of-use assets in our impairment assessments and exclude the related lease liabilities and payments. For certain non-income producing properties or for those assets with no consistent historical or projected cash flows, we obtain appraisals or other evidence to evaluate whether there are impairment indicators for these assets. No impairment losses were recorded for long-lived and finite-lived intangible assets for the year ended December 31, 2023, based on historical information and projected cash flow. We recorded $ 1.5 million of impairment losses against long-lived and finite-lived intangible assets in 2022. This impairment was recorded against cinemas whose performance had not improved commensurate to the rest of our portfolio. No impairment losses were recorded in 2021. (ii) Impairment of Goodwill and Intangible Assets with indefinite lives – goodwill and intangible assets with indefinite useful lives are not amortized, but instead, tested for impairment at least annually on a reporting unit basis. The impairment evaluation is based on the present value of estimated future cash flows of the reporting unit plus the expected terminal value. There are significant assumptions and estimates used in determining the future cash flows and terminal value. The most significant assumptions include our cost of debt and cost of equity assumptions that comprise the weighted average cost of capital for each reporting unit. Accordingly, actual results could vary materially from such estimates. No impairment losses were recorded for goodwill and indefinite-lived intangible assets for the three years ended December 31, 2023. For a detailed discussion of our impairment assessments, refer to Note 3 .
Variable Interest Entity	Variable Interest Entity The Company enters into relationships or investments with other entities that may be a variable interest entity (“VIE”). A VIE is consolidated in the financial statements if the Company has the power to direct activities that most significantly impact the economic performance of the VIE and has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. Reading International Trust I is a VIE. It is not consolidated in our financial statements because we are not the primary beneficiary. We carry our investment in the Reading International Trust I, recorded under “ Other Assets” , using the equity method of accounting because we have the ability to exercise significant influence (but not control) over operating and financial policies of the entity. We eliminate transactions with an equity method entity to the extent of our ownership in such an entity. Accordingly, our share of net income/(loss) of this equity method entity is included in consolidated net income/(loss). We have no implicit or explicit obligation to further fund our investment in Reading International Trust I.
Land And Property Held For Sale	Land and Property Held for Sale When a property is classified as held for sale, we present the respective assets and liabilities related to the property held for sale separately on the balance sheet and cease to record depreciation and amortization expense. Properties held for sale are reported at the lower of their carrying value or their estimated fair value less the estimated costs to sell. Refer to Note 5 – Real Estate Transactions for details.
Deferred Leasing/Financing Costs	Deferred Leasing/Financing Costs Direct costs incurred in connection with obtaining tenants and or financing are amortized over the respective term of the loan utilizing the effective interest method, or straight-line method if the result is not materially different. In addition, interest on loans with increasing interest rates and scheduled principal pre-payments are also recognized using the effective interest method. Net deferred financing costs are presented as a reduction in the associated debt account (see Note 12 – Borrowings ).
Film Rental Costs	Film Rental Costs Film rental costs are accrued based on the applicable box office receipts and estimates of the final settlement to the film licensors.
Advertising Expense	Advertising Expense We expense our advertising as incurred. The amount of our advertising expense was $ 1.6 million, $ 1.4 million, and $ 0.7 million in 2023, 2022, and 2021, respectively.
Operating Leases	Operating Leases As Lessee We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities, current and non-current, in our consolidated balance sheets. Finance leases are included in operating properties , other current liabilities , and other long-term liabilities in our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. The operating lease ROU asset also includes any prepaid lease payments made and excludes lease incentives received. Our lease terms may include options to extend or not to terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. We have lease agreements with lease and non-lease components, which we do not separate. For certain equipment leases, such as cinema equipment, we account for the lease and non-lease components as a single lease component. As a result of the impacts of COVID-19, we have obtained certain concessions from our landlords. Where we have obtained rent concessions from our landlords, or provided concessions to our tenants, we have elected not to perform the standard Topic 842 modification evaluation where the concession does not result in the total consideration required by the contract being substantially more than the total consideration originally required by the contract. We have elected to account for these concessions as if there have been no changes to the underlying contracts, thereby recognizing abatements secured as variable lease expenses, and increasing payables for lease payment deferrals. As Lessor As part of our real estate operations, we own certain real estate property in the U.S., Australia and New Zealand which we lease to third parties. We recognize lease payments for operating leases as property revenue on a straight-line basis over the lease term. Lease incentive payments we make to lessees are amortized as a reduction in property revenue over the lease term. The lease term includes all non-cancellable periods contracted for within the lease and excludes any option periods which a tenant may hold. As a result of the impacts of COVID-19, we have provided certain concessions to specific tenants. W here we have provided deferrals of rent, we have recorded the deferrals as receivables, and where we have provided abatements, we have recorded these as variable rents in the consolidated statements of income.
Share-Based Compensation	Share-based Compensation The determination of the compensation cost for our share-based awards (primarily in the form of stock options or restricted stock units) is made at the grant date based on the estimated fair value of the award, and such cost is recognized over the grantee’s requisite service period (which typically equates to our vesting term). Previously recognized compensation cost shall be reversed for any forfeited award to the extent unvested at the time of forfeiture. Refer to Note 16 – Share-based Compensation and Repurchase Plans for further details.
Treasury Shares	Treasury Shares In recent years, we repurchased our own Class A common shares as part of a publicly announced stock repurchase plan. We account for these repurchases using the cost method and present these as a separate line within the Stockholders’ Equity section in our consolidated balance sheets. Refer to Note 16 – Share-based Compensation and Repurchase Plans for further details of our stock repurchase plan.
Insurance Recoveries And Other Contingency Matters	Insurance Recoveries and Other Contingency Matters (i) Loss contingencies – we record any loss contingencies if there is a “probable” likelihood that the liability had been incurred, and the amount of the loss can be reasonably estimated. (ii) Gain contingencies:  Insurance recoveries – in the event we incur a loss attributable to an impairment of an asset or incurrence of a liability that is recoverable, in whole or in part, through an insurance claim, we record an insurance recoverable (not to exceed the amount of the total losses incurred) only when the collectability of such claim is probable. To evaluate the probable collectability of an insurance claim, we consider communications with third parties (such as with our insurance company), in addition to advice from legal counsel.  Others – other gain contingencies typically result from legal settlements and we record those settlements in income when cash or other forms of payments are received. Legal costs relating to our litigation matters, whether we are the plaintiff or the defendant, are recorded when incurred. For the years ended December 31, 2023, 2022, and 2021, we recorded gains/(losses) relating to litigation settlement of ($ 265,000 ), $ 40,000 and ($ 3.2 ) million, respectively.
Currency Translation Policy	Currency Translation Policy The financial statements and transactions of our Australian and New Zealand cinema and real estate operations are recorded in their functional currencies, namely Australian and New Zealand dollars, respectively, and are then translated into U.S. dollars. Assets and liabilities of these operations are denominated in their functional currencies and are then translated at exchange rates in effect at the balance sheet date. Revenue and expenses are translated at the average exchange rate for the reporting period. Translation adjustments are reported in “Accumulated Other Comprehensive Income,” a component of Stockholders’ Equity. The carrying values of our Australian and New Zealand assets fluctuate due to changes in the exchange rate between the U.S. dollar and the Australian and New Zealand dollars. Presented in the table below are the currency exchange rates for Australia and New Zealand as of and for the three years ended December 31, 2023: As of and for the year ended December 31, 2023 As of and for the year ended December 31, 2022 As of and for the year ended December 31, 2021 Spot Rate Australian Dollar 0.6828 0.6805 0.7260 New Zealand Dollar 0.6340 0.6342 0.6839 Average Rate Australian Dollar 0.6647 0.6946 0.7517 New Zealand Dollar 0.6145 0.6357 0.7077
Income Taxes	Income Taxes We account for income taxes under an asset and liability approach. Under the asset and liability method, deferred tax assets and liabilities are recognized for the expected future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and the respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled and are classified as noncurrent on the balance sheets in accordance with current U.S. GAAP. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. Income tax expense (benefit) is the tax payable (refundable) for the period and the change during the period in deferred tax assets and liabilities. The effect of a change in tax rates or law on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. We recognize deferred tax assets to the extent that we believe that these assets are more likely than not to be realized. In evaluating our ability to recover our deferred tax assets within the jurisdiction from which they arise, we consider all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, tax planning strategies and recent financial operations. A tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. We recognize tax liabilities for uncertain tax positions and adjust these liabilities when our judgment changes as a result of the evaluation of new information not previously available. We record interest and penalties related to income tax matters as part of income tax expense and record the related liabilities in income tax related balance sheet accounts. Due to the complexity of some of these uncertainties, the ultimate resolution may result in a payment that is materially different from our current estimate of the tax liabilities. These differences will be reflected as increases or decreases to income tax expense in the period in which it is determined a change in recognition or measurement is appropriate. The U.S. Tax Cuts and Jobs Act of 2017 (the “Tax Act”) creates a new requirement for U.S. corporations to include in U.S. taxable income certain earnings of their foreign subsidiaries, effective beginning tax year 2018. The Global Intangible Low Taxed Income (“GILTI”) framework introduces a new tax on foreign earnings of U.S. based consolidated groups. We record taxes related to GILTI as a current-period expense when incurred.
Earnings (Loss) Per Share	Earnings (Loss) Per Share The Company presents both basic and diluted earnings (loss) per share amounts. Basic earnings (loss) per share is calculated by dividing net income (loss) attributable to the Company by the weighted average number of common shares outstanding during the year. Diluted earnings (loss) per share is based upon the weighted average number of common and common equivalent shares outstanding during the year, which is calculated using the treasury-stock method for equity-based awards. Common equivalent shares are excluded from the computation of diluted earnings (loss) per share in periods for which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price over the period are anti-dilutive and, accordingly, are excluded from the calculation.
Government Grants	Government Grants During COVID-19, we received certain wage subsidies from the Australian and New Zealand governments. The aim of these subsidies was to protect as many jobs as possible during the COVID-19 pandemic. The subsidies were not loans from the respective governments. The impact of these subsidies is included within ‘other operating expenses’ and ‘general and administrative expenses’ in our cinema and real estate segments. We received no subsidies in the year ended December 31, 2023, or the year ended December 31, 2022. In the year ended December 31, 2021, we received subsidies totaling $ 2.6 million (AU$ 3.5 million) in Australia and $ 366,000 (NZ$ 518,000 ) in New Zealand, respectively.
Business Acquisition Valuation And Purchase Price Allocation	Business Acquisition Valuation and Purchase Price Allocation For acquisitions meeting the definition of a “business” in accordance with ASC 805, Business Combinations , the assets acquired, and the liabilities assumed are recorded at their fair values as of the acquisition date. To accomplish this, we typically obtain third-party valuations to allocate the purchase price to the assets acquired and liabilities assumed, including both tangible and intangible components. The determination of the fair values of the acquisition components and its related determination of the estimated lives of depreciable tangible assets and amortizing intangible assets/liabilities require significant judgment and several considerations, described as follows: (i) Tangible assets – we allocate the purchase price to the tangible assets of an acquired property (which typically includes land, building and site/tenant improvements) based on the estimated fair values of those tangible assets assuming the building was vacant. Estimates of fair value for land are based on factors such as comparisons to other properties sold in the same geographic area adjusted for unique characteristics. Estimates of fair values of buildings, and site/tenant improvements are based on present values determined based upon the application of hypothetical leases with market rates and terms. Estimates of plant and equipment, leasehold improvements and any cinema related equipment are based on their current market values with relation to their age and condition. Building and site improvements are depreciated over their remaining economic lives, while tenant improvements are depreciated over the remaining non-cancelable terms of the respective leases. Plant and equipment, leasehold improvements and any cinema related equipment are depreciated over the shorter of their useful economic lives and the underlying cinema lease. (ii) Intangible assets and liabilities – the valuation of the intangible assets and liabilities in a typical real estate acquisition is described below:  Above-market and below-market leases – where we are the lessor, we record above-market and below-market in-place lease values for acquired properties based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining non-cancelable term of the lease. We amortize any capitalized above-market lease values (an intangible asset) and capitalized below-market lease values (an intangible liability) over the remaining non-cancelable terms of the respective leases. Where we are the lessee, lease arrangements entered into are assessed under ASC 842 Leases.  Benefit of avoided costs due to existing tenancies – this typically includes (i) in-place leases (the value of avoided lease-up costs) and (ii) leasing commissions and legal/marketing costs avoided with the leases in place. We measure the fair values of the in-place leases based on the difference between (i) the property valued with existing in-place leases adjusted to market rental rates and (ii) the property valued as if vacant. Factors considered in the fair value determination include an estimate of carrying costs during hypothetical expected lease-up periods considering current market conditions, and costs to execute similar leases. We also consider information obtained about each property as a result of our pre-acquisition due diligence, marketing, and leasing activities in estimating the fair value of the intangible assets acquired. In estimating carrying costs, management includes real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods. Management also estimates costs to execute similar leases including leasing commissions, legal, and other related expenses to the extent that such costs are not already incurred in connection with a new lease origination as part of the transaction. We amortize the value of in-place leases and unamortized leasing origination costs to expense over the remaining term of the respective leases. Should a tenant terminate its lease, the unamortized portion of the in-place lease values and leasing origination costs will be charged to expense. Intangible assets acquired in cinema business combination typically relate to the brand of the underlying business being acquired. These assessments have a direct impact on revenue and net income, particularly on the depreciable base of the allocated assets which will impact the timing of expense allocation. In accordance with our adoption of ASU 2015-16 , we record the changes in depreciation and amortization in the period we finalized our purchase price allocation.
New Accounting Standards And Accounting Changes	New Accounting Standards and Accounting Changes Recently Adopted and Issued Accounting Pronouncements Adopted: ASU 2021-10 Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance / IAS 20 – Accounting for Government Grants and Disclosure of Government Assistance On December 15, 2021, we early adopted ASU 2021-10, Government Assistance: Disclosures by Business Entities about Government Assistance (Topic 832). This ASU applies to transactions with a government that are accounted for by analogizing to accounting standards such as International Accounting Standard 20 - Accounting for Government Grants and Disclosure of Government Assistance (“IAS 20”) , which we adopted in the second quarter of 2020 in order to account for the receipt of certain government grants in Australia and New Zealand. The early adoption of the ASU has no material effect on our consolidated financial statements.

Description Of Business And S_2

Description Of Business And Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2023
Description Of Business And Segment Reporting [Abstract]
Summary Of Results Of Operations For Principal Business Segments	2023 2022 2021 (Dollars in thousands) Cinema Real Estate Total Cinema Real Estate Total Cinema Real Estate Total Revenue - third party $ 207,641 $ 15,103 $ 222,744 $ 191,321 $ 11,794 $ 203,115 $ 126,812 $ 12,248 $ 139,060 Inter-segment revenue (1) — 4,767 4,767 — 5,023 5,023 — 515 515 Total segment revenue 207,641 19,870 227,511 191,321 16,817 208,138 126,812 12,763 139,575 Operating expense Operating Expense - Third Party ( 187,418 ) ( 8,763 ) ( 196,181 ) ( 178,768 ) ( 8,947 ) ( 187,715 ) ( 122,901 ) ( 10,106 ) ( 133,007 ) Inter-Segment Operating Expenses (1) ( 4,767 ) — ( 4,767 ) ( 5,023 ) — ( 5,023 ) ( 515 ) — ( 515 ) Total of services and products (excluding depreciation and amortization) ( 192,185 ) ( 8,763 ) ( 200,948 ) ( 183,791 ) ( 8,947 ) ( 192,738 ) ( 123,416 ) ( 10,106 ) ( 133,522 ) Depreciation and amortization ( 11,335 ) ( 6,376 ) ( 17,711 ) ( 13,351 ) ( 6,495 ) ( 19,846 ) ( 14,422 ) ( 7,092 ) ( 21,514 ) Impairment of long-lived assets — — — ( 1,549 ) — ( 1,549 ) — — — General and administrative expense ( 3,997 ) ( 940 ) ( 4,937 ) ( 4,346 ) ( 869 ) ( 5,215 ) ( 7,611 ) ( 920 ) ( 8,531 ) Total operating expense ( 207,517 ) ( 16,079 ) ( 223,596 ) ( 203,037 ) ( 16,311 ) ( 219,348 ) ( 145,449 ) ( 18,118 ) ( 163,567 ) Segment operating income (loss) $ 124 $ 3,791 $ 3,915 $ ( 11,716 ) $ 506 $ ( 11,210 ) $ ( 18,637 ) $ ( 5,355 ) $ ( 23,992 ) (1) Inter-segment Revenues and Operating Expense relates to the internal charge between the two segments where the cinema operates within real estate owned within the group.
Reconciliation To Net Income Attributable To Common Shareholders	(Dollars in thousands) 2023 2022 2021 Segment operating income (loss) $ 3,915 $ ( 11,210 ) $ ( 23,992 ) Unallocated corporate expense: Depreciation and amortization expense ( 711 ) ( 1,072 ) ( 1,232 ) General and administrative expense ( 15,235 ) ( 16,201 ) ( 16,569 ) Interest expense, net ( 19,418 ) ( 14,392 ) ( 13,688 ) Equity earnings (loss) of unconsolidated joint ventures 456 271 258 Gain (loss) on sale of assets 562 ( 54 ) 92,219 Other (expense) income ( 164 ) 6,817 3,762 Income (loss) before income taxes $ ( 30,595 ) $ ( 35,841 ) $ 40,758
Summary Of Assets	December 31, (Dollars in thousands) 2023 2022 By segment: Cinema $ 230,337 $ 267,874 Real estate 236,213 247,247 Corporate (1) 66,501 71,934 Total assets $ 533,051 $ 587,055 By country: United States $ 291,581 $ 337,595 Australia 193,899 200,220 New Zealand 47,571 49,240 Total assets $ 533,051 $ 587,055 (1) Corporate Assets includes cash and cash equivalents of $ 12.9 million and $ 29.9 million as of December 31, 2023 and 2022, respectively.
Schedule Of Operating Property By Country	December 31, (Dollars in thousands) 2023 2022 United States $ 153,545 $ 171,756 Australia 90,221 95,467 New Zealand 18,651 19,729 Total operating property $ 262,417 $ 286,952
Summary Of Capital Expenditures	(Dollars in thousands) 2023 2022 2021 Segment capital expenditures $ 4,711 $ 9,780 $ 14,428 Corporate capital expenditures — — — Total capital expenditures $ 4,711 $ 9,780 $ 14,428

Summary Of Significant Accoun_3

Summary Of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Summary Of Significant Accounting Policies [Abstract]
Schedule Of Estimated Useful Lives Of Assets	Building and improvements 15 – 60 years Leasehold improvements Shorter of the lease term or useful life of the improvement Theater equipment 7 years Furniture and fixtures 3 – 10 years
Summary Of Currency Exchange Rates	As of and for the year ended December 31, 2023 As of and for the year ended December 31, 2022 As of and for the year ended December 31, 2021 Spot Rate Australian Dollar 0.6828 0.6805 0.7260 New Zealand Dollar 0.6340 0.6342 0.6839 Average Rate Australian Dollar 0.6647 0.6946 0.7517 New Zealand Dollar 0.6145 0.6357 0.7077

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings (Loss) Per Share [Abstract]
Computation Of Basic And Diluted Earnings (Loss) Per Share	(Dollars in thousands, except share and per share data) 2023 2022 2021 Numerator: Net income (loss) attributable to Reading International, Inc. $ ( 30,673 ) $ ( 36,184 ) $ 31,921 Denominator: Weighted average shares of common stock – basic 22,222,635 22,020,921 21,801,719 Weighted average dilutive impact of stock-based awards 1,124,673 935,324 605,097 Weighted average shares of common stock – diluted 23,347,308 22,956,245 22,406,816 Basic earnings (loss) per share $ ( 1.38 ) $ ( 1.64 ) $ 1.46 Diluted earnings (loss) per share $ ( 1.38 ) $ ( 1.64 ) $ 1.42 Awards excluded from diluted earnings (loss) per share 205,122 327,498 517,344

Real Estate Transactions (Table

Real Estate Transactions (Tables)	12 Months Ended
	Dec. 31, 2023
Auburn/Redyard [Member]
Property, Plant and Equipment [Line Items]
Schedule Of The Total Transaction Gain	June 30 (Dollars in thousands) 2021 Sales price $ 69,579 Net book value ( 30,231 ) Gain on sale, gross of direct costs 39,348 Direct sale costs incurred ( 622 ) Gain on sale, net of direct costs $ 38,726
Manukau [Member]
Property, Plant and Equipment [Line Items]
Schedule Of The Total Transaction Gain	March 31, (Dollars in thousands) 2021 Sales price $ 56,058 Net book value ( 13,618 ) Gain on sale, gross of direct costs 42,440 Direct sale costs incurred ( 1,514 ) Gain on sale, net of direct costs $ 40,926
Coachella [Member]
Property, Plant and Equipment [Line Items]
Schedule Of The Total Transaction Gain	March 31, (Dollars in thousands) 2021 Sales price $ 11,000 Net book value ( 4,351 ) Gain on sale, gross of direct costs 6,649 Direct sale costs incurred ( 301 ) Gain on sale, net of direct costs $ 6,348
Royal George Theatre [Member]
Property, Plant and Equipment [Line Items]
Schedule Of The Total Transaction Gain	June 30 (Dollars in thousands) 2021 Sales price $ 7,075 Net book value ( 1,824 ) Gain on sale, gross of direct costs 5,251 Direct sale costs incurred ( 295 ) Gain on sale, net of direct costs $ 4,956
Invercargill [Member]
Property, Plant and Equipment [Line Items]
Schedule Of The Total Transaction Gain	September 30 (Dollars in thousands) 2021 Sales price $ 3,803 Net book value ( 1,425 ) Gain on sale, gross of direct costs 2,378 Direct sale costs incurred ( 6 ) Gain on sale, net of direct costs $ 2,372
Maitland [Member]
Property, Plant and Equipment [Line Items]
Schedule Of The Total Transaction Gain	December 31 (Dollars in thousands) 2023 Sales price $ 1,774 Net book value ( 835 ) Gain on sale, gross of direct costs 939 Direct sale costs incurred ( 139 ) Gain on sale, net of direct costs $ 800

Properties And Equipment (Table

Properties And Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Properties And Equipment [Abstract]
Schedule Of Property And Equipment	December 31, (Dollars in thousands) 2023 2022 Land $ 61,095 $ 67,392 Building and improvements 205,821 213,226 Leasehold improvements 53,984 64,230 Fixtures and equipment 155,156 194,753 Construction-in-progress 4,290 6,839 Total cost 480,346 546,440 Less: accumulated depreciation ( 217,929 ) ( 259,488 ) Operating Properties, net $ 262,417 $ 286,952
Schedule Of The Gross And Carrying Amounts Of The Properties Leased Of Held-For-Leasing	December 31, (Dollars in thousands) 2023 2022 Building and improvements Gross balance $ 127,222 $ 136,749 Less: Accumulated depreciation ( 23,270 ) ( 26,148 ) Net Book Value $ 103,952 $ 110,601
Summary Of Investment And Development Property	December 31, (Dollars in thousands) 2023 2022 Land $ 3,856 $ 3,857 Construction-in-progress (including capitalized interest) 4,933 4,935 Investment and development property, net $ 8,789 $ 8,792

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Components Of Lease Expense	December 31, (Dollars in thousands) 2023 2022 Lease cost Finance lease cost: Amortization of right-of-use assets $ 25 $ 38 Interest on lease liabilities 1 2 Operating lease cost 32,877 33,422 Variable lease cost 1,501 619 Total lease cost $ 34,404 $ 34,081
Supplemental Cash Flow Information Related To Leases	December 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 $ 31 $ 42 Operating cash flows for operating leases 33,611 34,685 Right-of-use assets obtained in exchange for new operating lease liabilities $ 3,094 $ 6,710
Supplemental Balance Sheet Information Related To Leases	December 31, (Dollars in thousands) 2023 2022 Operating leases Operating lease right-of-use assets $ 181,542 $ 200,417 Operating lease liabilities - current portion 23,047 23,971 Operating lease liabilities - non-current portion 180,898 200,037 Total operating lease liabilities $ 203,945 $ 224,008 Finance leases — Property plant and equipment, gross $ 232 $ 363 Accumulated depreciation ( 177 ) ( 338 ) Property plant and equipment, net $ 55 $ 25 Other current liabilities 40 28 Other long-term liabilities 43 — Total finance lease liabilities $ 83 $ 28 Other information Weighted-average remaining lease term - finance leases 2 1 Weighted-average remaining lease term - operating leases 11 11 Weighted-average discount rate - finance leases 7.07 % 5.21 % Weighted-average discount rate - operating leases 4.62 % 4.55 %
Maturity Of Leases As Lessee	(Dollars in thousands) Operating leases Finance leases 2024 $ 32,008 $ 45 2025 29,885 44 2026 28,084 — 2027 25,738 — 2028 22,222 — Thereafter 123,959 — Total lease payments $ 261,896 $ 89 Less imputed interest ( 57,951 ) ( 6 ) Total $ 203,945 $ 83
Components Of Lease Income	December 31, (Dollars in thousands) 2023 2022 Components of lease income Lease payments $ 11,096 $ 8,076 Variable lease payments 783 737 Total lease income $ 11,879 $ 8,813
Book Value Of Assets Under Operating Leases From Owned Assets	December 31, December 31, (Dollars in thousands) 2023 2022 Building and improvements Gross balance $ 127,222 $ 136,749 Accumulated depreciation ( 23,270 ) ( 26,148 ) Net Book Value $ 103,952 $ 110,601
Maturity Of Leases As Lessor	(Dollars in thousands) Operating leases 2024 $ 9,793 2025 9,433 2026 7,735 2027 6,904 2028 6,784 Thereafter 22,024 Total $ 62,673

Investments In Unconsolidated_2

Investments In Unconsolidated Joint Ventures (Tables)	12 Months Ended
	Dec. 31, 2023
Investments In Unconsolidated Joint Ventures [Abstract]
Summary Of The Investments In Unconsolidated Joint Ventures And Entities	December 31, (Dollars in thousands) Interest 2023 2022 Mt. Gravatt 33.3 % $ 3,908 $ 3,836 Rialto Cinemas 50.0 % 848 920 Total Joint Ventures $ 4,756 $ 4,756
Summary Of Equity Earnings (Losses) From Investments In Unconsolidated Joint Ventures	(Dollars in thousands) 2023 2022 2021 Mt. Gravatt $ 526 $ 392 $ 254 Rialto Cinemas ( 70 ) ( 121 ) 4 Total equity earnings $ 456 $ 271 $ 258

Goodwill And Intangible Assets

Goodwill And Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill And Intangible Assets [Abstract]
Summary Of Goodwill	(Dollars in thousands) Cinema Real Estate Total Balance at January 1, 2022 $ 21,534 $ 5,224 $ 26,758 Foreign currency translation adjustment ( 1,254 ) — ( 1,254 ) Balance at December 31, 2022 $ 20,280 $ 5,224 $ 25,504 Foreign currency translation adjustment 31 — 31 Balance at December 31, 2023 $ 20,311 $ 5,224 $ 25,535
Summary Of Intangible Assets Other Than Goodwill	December 31, 2023 (Dollars in thousands) Beneficial Leases Trade Name Other Intangible Assets Total Gross carrying amount $ 11,283 $ 9,024 $ 4,400 $ 24,707 Less: accumulated amortization ( 11,089 ) ( 7,961 ) ( 3,611 ) ( 22,661 ) Less: impairment charges — — ( 8 ) ( 8 ) Net intangible assets other than goodwill $ 194 $ 1,063 $ 781 $ 2,038 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: impairment charges — — ( 40 ) ( 40 ) Net intangible assets other than goodwill $ 252 $ 1,220 $ 919 $ 2,391
Schedule Of Estimated Amortization Expense	(Dollars in thousands) Estimated Future Amortization Expense 2024 $ 249 2025 140 2026 127 2027 116 2028 106 Thereafter 559 Total future amortization expense $ 1,297

Prepaid And Other Assets (Table

Prepaid And Other Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Prepaid And Other Assets [Abstract]
Summary Of Prepaid And Other Assets	December 31, (Dollars in thousands) 2023 2022 Prepaid and other current assets Prepaid expenses $ 1,813 $ 1,859 Prepaid taxes 802 1,687 Deposits 249 233 Interest receivable — 8 Investments in marketable securities 17 17 Total prepaid and other current assets $ 2,881 $ 3,804 Other non-current assets Other non-cinema and non-rental real estate assets $ 674 $ 1,134 Investment in Reading International Trust I 838 838 Straight-line rent asset 7,445 8,302 Long-term deposits 8 10 Total non-current assets $ 8,965 $ 10,284

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Taxes [Abstract]
Schedule Of Income (Loss) Before Income Tax Expense	(Dollars in thousands) 2023 2022 2021 United States $ ( 29,986 ) $ ( 40,087 ) $ ( 35,835 ) Foreign ( 1,065 ) 3,975 76,335 Income (loss) before income taxes and equity earnings of unconsolidated joint ventures $ ( 31,051 ) $ ( 36,112 ) $ 40,500 Equity earnings of unconsolidated joint ventures : United States — — — Foreign 456 271 258 Income (loss) before income taxes $ ( 30,595 ) $ ( 35,841 ) $ 40,758
Schedule Of Significant Components Of The Provision For Income Taxes	(Dollars in thousands) 2023 2022 2021 Current income tax expense (benefit) Federal $ ( 800 ) $ ( 97 ) $ ( 5,727 ) State 49 19 ( 6,426 ) Foreign 927 ( 487 ) 17,217 Total 176 ( 565 ) 5,064 Deferred income tax expense (benefit) Federal 2 2 ( 119 ) State ( 2 ) 2 ( 32 ) Foreign 414 1,380 1,031 Total 414 1,384 880 Total income tax expense (benefit) $ 590 $ 819 $ 5,944
Schedule Of Components Of Deferred Tax Assets And Liabilities	December 31, (Dollars in thousands) 2023 2022 Deferred Tax Assets: Net operating loss carry-forwards $ 31,820 $ 26,237 Foreign Tax Credit 3,743 3,743 Compensation and employee benefits 2,972 3,252 Deferred revenue 2,912 2,713 Accrued expenses 18,221 12,206 Lease obligations 47,666 56,119 Land and property 2,412 1,620 Total Deferred Tax Assets 109,746 105,890 Deferred Tax Liabilities: Lease liabilities ( 48,927 ) ( 52,747 ) Accrued taxes ( 632 ) ( 532 ) Intangibles ( 442 ) ( 444 ) Other ( 359 ) ( 942 ) Total Deferred Tax Liabilities ( 50,360 ) ( 54,665 ) Net deferred tax assets before valuation allowance 59,386 51,225 Valuation allowance ( 59,087 ) ( 50,778 ) Net deferred tax asset $ 299 $ 447
Schedule Of Income Tax Reconciliation Items	(Dollars in thousands) 2023 2022 2021 Expected tax provision $ ( 6,425 ) $ ( 7,526 ) $ 8,559 Increase (decrease) in tax expense resulting from: Foreign tax rate differential 30 384 6,473 Change in valuation allowance 6,781 8,071 ( 6,339 ) State and local tax provision 48 21 ( 6,458 ) Prior year adjustment 472 ( 405 ) ( 211 ) Unrecognized tax benefits ( 398 ) 75 ( 3,937 ) GILTI — — 7,858 Other 82 199 ( 1 ) Total income tax expense (benefit) $ 590 $ 819 $ 5,944
Summary Of The Activity Related To Unrecognized Tax Benefits	(Dollars in thousands) 2023 2022 2021 Unrecognized tax benefits – gross beginning balance $ 11,454 $ 11,536 $ 2,086 Gross increase (decrease) - prior year tax positions ( 340 ) ( 82 ) ( 1,664 ) Gross increase (decrease) - current year tax positions — — 11,114 Settlements — — — Unrecognized tax benefits – gross ending balance $ 11,114 $ 11,454 $ 11,536

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2023
Borrowings [Abstract]
Summary Of Borrowings	As of December 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 $ 27,172 9.65 % 9.65 % Bank of America Credit Facility (US) (3 ) September 4, 2024 20,200 20,200 20,080 11.00 % 11.00 % Cinemas 1, 2, 3 Term Loan (US) October 1, 2024 21,008 21,008 20,780 8.84 % 8.84 % Minetta & Orpheum Theatres Loan (US) June 1, 2024 8,000 8,000 8,000 8.34 % 8.34 % U.S. Corporate Office Term Loan (US) January 1, 2027 8,401 8,401 8,356 4.64 % / 4.44 % 4.64% / 4.44% Union Square Financing (US) May 6, 2024 55,000 47,141 46,925 12.53 % 12.53 % Purchase Money Promissory Note (US) September 18, 2024 586 586 586 5.00 % 5.00 % Denominated in foreign currency ("FC") (2) NAB Corporate Term Loan (AU) July 31, 2025 68,276 68,276 68,173 6.11 % 6.11 % Westpac Bank Corporate (NZ) January 1, 2025 8,775 8,775 8,775 8.20 % 8.20 % Total $ 218,159 $ 210,300 $ 208,847 (1) Net of deferred financing costs amounting to $ 1.5 million. (2) The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on exchange rates as of December 31, 2023. (3) This piece of debt was extended after December 31, 2023. See the relevant heading below for discussion regarding this extension. 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 6.00 %. (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 FC-denominated borrowings were translated into U.S. dollars based on exchange rates as of December 31, 2022. (5) These two pieces of debt were extended after December 31, 2022. See the relevant heading below for discussion regarding extensions.
Schedule Of Long-term Debt Instruments, Net Of The Deferred Financing Costs	(Dollars in thousands) December 31, Balance Sheet Caption 2023 2022 Debt - current portion $ 34,484 $ 37,279 Debt - long-term portion 146,605 148,688 Subordinated debt - current portion 586 747 Subordinated debt - long-term portion 27,172 26,950 Total borrowings $ 208,847 $ 213,664
Schedule Of Future Principal Loan Payments	(Dollars in thousands) Future Principal Debt Payments 2024 $ 82,471 2025 92,102 2026 314 2027 35,413 2028 -- Thereafter -- Total future principal debt payments $ 210,300

Pension And Other Liabilities (

Pension And Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Pension And Other Liabilities [Abstract]
Summary Of Other Liabilities Including Pension	December 31, (Dollars in thousands) 2023 2022 Current liabilities Lease liability (2) 5,900 — Accrued pension (1) 684 684 Security deposit payable 74 68 Finance lease liabilities 40 28 Other 33 33 Other current liabilities $ 6,731 $ 813 Other liabilities Accrued pension (1) 2,646 3,138 Lease make-good provision 6,050 6,131 Deferred rent liability 1,314 2,484 Environmental reserve 1,656 1,656 Lease liability (2) — 5,900 Acquired leases 2 11 Finance lease liabilities 43 — Other non-current liabilities $ 11,711 $ 19,320 (1) Represents the pension liability associated with the Supplemental Executive Retirement Plan explained below. (2) Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See Note 20 – Related Parties for more information.
Schedule Of Change In Pension Benefit Obligation And Funded Status	December 31, (Dollars in thousands) 2023 2022 Benefit obligation at January 1 $ 3,822 $ 4,289 Service cost Interest cost 191 216 Payments made ( 683 ) ( 683 ) Benefit obligation at December 31 $ 3,330 $ 3,822 Unfunded status at December 31 $ ( 3,330 ) $ ( 3,822 )
Schedule Of Pension Benefit Obligation Recognized In Balance Sheets	December 31, (Dollars in thousands) 2023 2022 Current liabilities $ 519 $ 684 Other liabilities - Non current 2,811 3,138 Total pension liability $ 3,330 $ 3,822
Schedule Of The Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income	December 31, (Dollars in thousands) 2023 2022 Net periodic benefit cost Interest cost $ 191 $ 216 Amortization of prior service costs — — Amortization of net actuarial gain 153 147 Net periodic benefit cost $ 344 $ 363 Items recognized in other comprehensive income Net loss $ — $ — Amortization of net loss ( 153 ) ( 147 ) Total recognized in other comprehensive income $ ( 153 ) $ ( 147 ) Total recognized in net periodic benefit cost and other comprehensive income $ 191 $ 216
Schedule Of Items Not Recognized As A Component Of Net Periodic Pension Cost	December 31, (Dollars in thousands) 2023 2022 Unamortized actuarial loss $ 1,669 $ 1,822 Accumulated other comprehensive income $ 1,669 $ 1,822
Schedule Of Expected Benefit Payments	(Dollars in thousands) Estimated Future Pension Payments 2024 $ 519 2025 547 2026 576 2027 607 2028 638 Thereafter 443 Total pension payments $ 3,330
Schedule Of Reconciliation Of The Lease Make-Good Provision	(Dollars in thousands) As of and for the year ended December 31, 2023 As of and for the year ended December 31, 2022 Lease make-good provision, at January 1 $ 6,131 $ 7,766 Liabilities incurred during the year 45 — Liabilities settled during the year ( 408 ) ( 67 ) Liabilities remeasured during the year ( 24 ) ( 1,567 ) Accretion expense 292 293 Effect of changes in foreign currency 14 ( 294 ) Lease make-good provision, at December 31 $ 6,050 $ 6,131

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	12 Months Ended
	Dec. 31, 2023
Non-controlling Interests [Abstract]
Components Of Non-controlling Interests	December 31, (Dollars in thousands) 2023 2022 Australian Country Cinemas, Pty Ltd $ 76 $ 26 Shadow View Land and Farming, LLC ( 2 ) ( 3 ) Sutton Hill Properties, LLC ( 165 ) 400 Non-controlling interests in consolidated subsidiaries $ ( 91 ) $ 423
Components Of Income/(Loss) Attributable To Non-controlling Interest	(Dollars in thousands) 2023 2022 2021 Australian Country Cinemas, Pty Ltd $ 51 $ 70 $ 111 Shadow View Land and Farming, LLC 1 ( 4 ) 3,163 Sutton Hill Properties, LLC ( 564 ) ( 542 ) ( 381 ) Net income (loss) attributable to non-controlling interests in consolidated subsidiaries $ ( 512 ) $ ( 476 ) $ 2,893

Share-Based Compensation and _2

Share-Based Compensation and Share Repurchase Plans (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Compensation and Stock Repurchase Plans [Abstract]
Schedule Of Fair Value Of Options, Weighted Average Assumptions	2023 2022 2021 Stock option exercise price $ 1.92 $ — $ — Risk-free interest rate 4.12 % 0.00 % 0.00 % Expected dividend yield — — — Expected option life in years 5.50 — — Expected volatility 53.20 % 0.00 % 0.00 % Weighted average fair value $ 1.01 $ — $ —
Schedule Of Stock Options Outstanding And Exercisable	Outstanding Stock Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Years of Contractual Life Aggregate Intrinsic Value Class A Class B Class A Class B Class A&B Class A&B Outstanding - January 1, 2021 713,479 — $ 14.64 $ — 2.18 $ 13,969 Granted — — — — Exercised ( 38,803 ) — 4.66 — 63,831 Expired ( 157,332 ) — 11.87 — Outstanding - December 31, 2021 517,344 — $ 15.42 $ — 1.66 $ — Granted — — — — Exercised — — — — — Expired ( 189,846 ) — 14.63 — Outstanding - December 31, 2022 327,498 — $ 15.87 $ — 1.24 $ — Granted 207,657 — 1.92 — Exercised — — — — — Expired ( 122,376 ) — — — Outstanding - December 31, 2023 412,779 — $ 14.19 $ — 1.79 $ —
Summary Of Vested and Unvested Stock Options	Vested and Unvested Stock Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Years of Contractual Life Aggregate Intrinsic Value Class A Class B Class A Class B Class A&B Class A&B Vested December 31, 2023 205,122 — $ 15.92 $ — 0.56 $ — December 31, 2022 276,218 — 15.81 — 1.17 — December 31, 2021 384,189 — 15.38 — 1.42 — Unvested December 31, 2023 207,657 — $ 4.54 $ — 1.79 $ — December 31, 2022 51,281 — 16.15 — 1.24 — December 31, 2021 133,155 — 15.65 — 2.29 —
Schedule Of Restricted Stock Units Issued And Vested	Number of RSUs $ value of RSUs Granted Vested Forfeited Unvested Granted Vested Forfeited Unvested 2016 68,153 67,372 781 — $ 815,160 $ 805,759 $ 9,400 $ — 2017 70,538 70,006 532 — 1,124,348 1,115,852 8,496 — 2018 97,600 94,426 3,174 — 1,581,512 1,529,648 51,864 — 2019 59,258 56,154 3,104 — 944,070 894,065 50,005 — 2020 401,966 354,950 28,258 18,758 2,281,899 1,996,354 170,840 114,705 2021 361,593 177,510 35,657 148,426 2,185,222 1,002,259 229,250 953,712 2022 502,582 149,404 70,676 282,502 1,998,505 525,753 294,720 1,178,033 2023 671,682 — 55,857 615,825 2,173,049 — 180,451 1,992,598 Total 2,233,372 969,822 198,039 1,065,511 $ 13,103,765 $ 7,869,691 $ 995,025 $ 4,239,049

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Income [Abstract]
Summary Of Accumulated Other Comprehensive Income	(Dollars in thousands) Foreign Currency Items (1) Unrealized Gain (Losses) on Available- for-Sale Investments Accrued Pension Service Costs (2) 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 — — — ( 1 ) ( 1 ) Amounts reclassified from accumulated other comprehensive income — — — ( 579 ) ( 579 ) Net change related to derivatives — — — ( 580 ) ( 580 ) Net current-period other comprehensive income ( 289 ) — 153 ( 580 ) ( 716 ) Balance at December 31, 2023 $ ( 986 ) $ ( 18 ) $ ( 1,669 ) $ — $ ( 2,673 ) (1) Net of income tax benefit of $ 8,000 . (2) Net of income tax expense of $ 54,000 .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Measurements [Abstract]
Schedule Of Fair Value Carried At Cost And Measured On A Nonrecurring Basis	Carrying Fair Value Measurements at December 31, 2023 (Dollars in thousands) Balance Sheet Location Value (1) Level 1 Level 2 Level 3 Total Financial liabilities Notes payable Debt - current and long-term portion $ 182,387 $ — $ — $ 148,325 $ 148,325 Subordinated debt Subordinated debt - current and long-term portion 27,913 — — 27,832 27,832 Total $ 210,300 $ — $ — $ 176,157 $ 176,157 Carrying Fair Value Measurements at December 31, 2022 (Dollars in thousands) Balance Sheet Location Value (1) Level 1 Level 2 Level 3 Total Financial liabilities Notes payable Debt - current and long-term portion $ 187,720 $ — $ — $ 172,230 $ 172,230 Subordinated debt Subordinated debt 27,913 — — 25,025 25,025 Total $ 215,633 $ — $ — $ 197,255 $ 197,255 (1) These balances are presented gross of deferred financing costs.

Hedge Accounting (Tables)

Hedge Accounting (Tables)	12 Months Ended
	Dec. 31, 2023
Hedge Accounting [Abstract]
Schedule Of Derivative Instruments On The Balance Sheet At Fair Value	Asset Derivatives 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 $ 907 Derivative financial instruments - non-current portion — Derivative financial instruments - non-current portion — Total derivatives designated as hedging instruments $ — $ 907 Total derivatives $ — $ 907 Liability Derivatives 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 Amount of Loss Recognized in Income on Derivatives 2023 2022 Interest rate contracts Interest expense, net $ ( 821 ) $ ( 672 ) Total $ ( 821 ) $ ( 672 )
Summary Of Hedged Transactions That Affect Earnings	Loss Recognized in OCI on Derivatives (Effective Portion) Loss Reclassified from OCI into Income (Effective Portion) Loss Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing) (Dollars in thousands) Amount Line Item Amount Line Item Amount 2023 2022 2023 2022 2023 2022 Interest rate contracts $ 2 $ ( 1,520 ) Interest expense, net $ 821 $ 672 Interest expense, net $ — $ — Total $ 2 $ ( 1,520 ) $ 821 $ 672 $ — $ —

Description Of Business And S_3

Description Of Business And Segment Reporting (Narrative) (Details)	12 Months Ended
	Dec. 31, 2023 segment
Description Of Business And Segment Reporting [Abstract]
Number of operating segments	2

Description Of Business And S_4

Description Of Business And Segment Reporting (Summary Of Results Of Operations For Principal Business Segment) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 222,744	$ 203,115	$ 139,060
Depreciation and amortization	(18,422)	(20,918)	(22,746)
General and administrative expense	(20,172)	(21,416)	(25,100)
Impairment of long-lived assets	0	(1,549)
Total costs and expenses	(234,775)	(231,598)	(180,853)
Segment operating income (loss)	$ (12,031)	(28,483)	(41,793)
Number of operating segments | segment	2
Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 227,511	208,138	139,575
Costs and expenses	(200,948)	(192,738)	(133,522)
Depreciation and amortization	(17,711)	(19,846)	(21,514)
Total costs and expenses	(223,596)	(219,348)	(163,567)
Segment operating income (loss)	3,915	(11,210)	(23,992)
Intersegment Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	(4,767)	(5,023)	(515)
Costs and expenses	(4,767)	(5,023)	(515)
Cinema Exhibition [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Impairment of long-lived assets		(1,549)
Cinema Exhibition [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	207,641	191,321	126,812
Costs and expenses	(192,185)	(183,791)	(123,416)
Depreciation and amortization	(11,335)	(13,351)	(14,422)
Total costs and expenses	(207,517)	(203,037)	(145,449)
Segment operating income (loss)	124	(11,716)	(18,637)
Cinema Exhibition [Member] | Intersegment Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Costs and expenses	(4,767)	(5,023)	(515)
Real Estate [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	19,870	16,817	12,763
Costs and expenses	(8,763)	(8,947)	(10,106)
Depreciation and amortization	(6,376)	(6,495)	(7,092)
Total costs and expenses	(16,079)	(16,311)	(18,118)
Segment operating income (loss)	3,791	506	(5,355)
Real Estate [Member] | Intersegment Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	(4,767)	(5,023)	(515)
Segment [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
General and administrative expense	(4,937)	(5,215)	(8,531)
Segment [Member] | Cinema Exhibition [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
General and administrative expense	(3,997)	(4,346)	(7,611)
Segment [Member] | Real Estate [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
General and administrative expense	(940)	(869)	(920)
Third Party [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	222,744	203,115	139,060
Costs and expenses	(196,181)	(187,715)	(133,007)
Third Party [Member] | Cinema Exhibition [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	207,641	191,321	126,812
Costs and expenses	(187,418)	(178,768)	(122,901)
Third Party [Member] | Real Estate [Member] | Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	15,103	11,794	12,248
Costs and expenses	$ (8,763)	$ (8,947)	$ (10,106)

Description Of Business And S_5

Description Of Business And Segment Reporting (Reconciliation To Net Income Attributable To Common Shareholders) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Segment operating income (loss)	$ (12,031)	$ (28,483)	$ (41,793)
Depreciation and amortization expense	(18,422)	(20,918)	(22,746)
General and administrative expense	(20,172)	(21,416)	(25,100)
Equity earnings of unconsolidated joint ventures	456	271	258
Gain (loss) on sale of assets	562	(54)	92,219
Other income (expense)	(164)	6,817	3,762
Income (loss) before income taxes	(30,595)	(35,841)	40,758
Operating Segments [Member]
Segment Reporting Information [Line Items]
Segment operating income (loss)	3,915	(11,210)	(23,992)
Depreciation and amortization expense	(17,711)	(19,846)	(21,514)
Unallocated Corporate Expense [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization expense	(711)	(1,072)	(1,232)
General and administrative expense	(15,235)	(16,201)	(16,569)
Interest expense, net	(19,418)	(14,392)	(13,688)
Equity earnings of unconsolidated joint ventures	456	271	258
Gain (loss) on sale of assets	562	(54)	92,219
Other income (expense)	(164)	6,817	3,762
Income (loss) before income taxes	$ (30,595)	$ (35,841)	$ 40,758

Description Of Business And S_6

Description Of Business And Segment Reporting (Summary Of Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total Assets	$ 533,051	$ 587,055
Cash and cash equivalents	12,906	29,947	$ 83,251
United States [Member]
Segment Reporting Information [Line Items]
Total Assets	291,581	337,595
Australia [Member]
Segment Reporting Information [Line Items]
Total Assets	193,899	200,220
New Zealand [Member]
Segment Reporting Information [Line Items]
Total Assets	47,571	49,240
Country [Member]
Segment Reporting Information [Line Items]
Total Assets	533,051	587,055
Cinema Exhibition [Member]
Segment Reporting Information [Line Items]
Total Assets	230,337	267,874
Real Estate [Member]
Segment Reporting Information [Line Items]
Total Assets	236,213	247,247
Corporate [Member]
Segment Reporting Information [Line Items]
Total Assets	$ 66,501	$ 71,934

Description Of Business And S_7

Description Of Business And Segment Reporting (Schedule Of Operating Property By Country) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Total operating property	$ 262,417	$ 286,952
United States [Member]
Segment Reporting Information [Line Items]
Total operating property	153,545	171,756
Australia [Member]
Segment Reporting Information [Line Items]
Total operating property	90,221	95,467
New Zealand [Member]
Segment Reporting Information [Line Items]
Total operating property	$ 18,651	$ 19,729

Description Of Business And S_8

Description Of Business And Segment Reporting (Summary Of Capital Expenditures) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total capital expenditures	$ 4,711	$ 9,780	$ 14,428
Segment [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	$ 4,711	$ 9,780	$ 14,428

Summary Of Significant Accoun_4

Summary Of Significant Accounting Policies (Narrative) (Details) $ in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) a segment	Dec. 31, 2023 AUD ($) segment	Dec. 31, 2023 NZD ($) segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Summary Of Significant Accounting Policies [Line Items]
Cash position	$ 15,441,000			$ 34,979,000	$ 88,571,000
Restricted cash, Current	$ 2,535,000			5,032,000	5,320,000
Number of operating segments | segment	2	2	2
Impairment of long-lived assets	$ 0			1,549,000
Advertising expense	1,600,000			1,400,000	700,000
Gains/(losses) on the settlement of litigation	$ (265,000)			40,000	$ (3,200,000)
Favorable [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative position				$ 907,000
Mt. Gravatt [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	33.30%
Rialto Cinemas [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	50%
Australia [Member]
Summary Of Significant Accounting Policies [Line Items]
Subsidies received	$ 2,600,000	$ 3.5
New Zealand [Member]
Summary Of Significant Accounting Policies [Line Items]
Subsidies received	$ 366,000		$ 518
Australian Country Cinemas, Pty Ltd [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage by parent	75%
Sutton Hill Properties, LLC [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage by parent	75%
Shadow View Land And Farming, LLC [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage by parent	50%
Area of property | a	202
Minimum [Member] | Unconsolidated Joint ventures [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	20%
Maximum [Member] | Unconsolidated Joint ventures [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	50%

Summary Of Significant Accoun_5

Summary Of Significant Accounting Policies (Schedule Of Estimated Useful Lives Of Assets) (Details)	Dec. 31, 2023
Building And Improvements [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	15 years
Building And Improvements [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	60 years
Theater Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	7 years
Fixtures And Equipment [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	3 years
Fixtures And Equipment [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	10 years

Summary Of Significant Accoun_6

Summary Of Significant Accounting Policies (Summary Of Currency Exchange Rates) (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Australian Dollar [Member] | Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6828	0.6805	0.7260
Australian Dollar [Member] | Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6647	0.6946	0.7517
New Zealand Dollar [Member] | Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6340	0.6342	0.6839
New Zealand Dollar [Member] | Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6145	0.6357	0.7077

Impacts On Our Business Due T_2

Impacts On Our Business Due To The Covid-19 Pandemic, The 2023 Hollywood Strikes, The Dramatic Interest Rate Rise And Increased Operating Costs, Together With Our Company’s Resources (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2023
Impact Of Covid [Line Items]
Debt current			$ 85,500
Cash and cash equivalents	$ 29,947	$ 83,251	12,906
Working capital			(88,400)
Impairment charges against sites	$ 1,549	$ 0
Minetta And Orpheum Theatres Loan [Member]
Impact Of Covid [Line Items]
Debt current			8,000
Westpac Bank Corporate Credit Facility [Member]
Impact Of Covid [Line Items]
Debt current			$ 8,800

Earnings (Loss) Per Share (Comp

Earnings (Loss) Per Share (Computation Of Basic And Diluted Earnings (Loss) Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings (Loss) Per Share [Abstract]
Net income (loss) attributable to Reading International, Inc.	$ (30,673)	$ (36,184)	$ 31,921
Weighted average shares of common stock – basic	22,222,635	22,020,921	21,801,719
Weighted average dilutive impact of stock-based awards	1,124,673	935,324	605,097
Weighted average shares of common stock – diluted	23,347,308	22,956,245	22,406,816
Basic earnings (loss) per share	$ (1.38)	$ (1.64)	$ 1.46
Diluted earnings (loss) per share	$ (1.38)	$ (1.64)	$ 1.42
Awards excluded from diluted earnings (loss) per share	205,122	327,498	517,344

Real Estate Transactions (Narra

Real Estate Transactions (Narrative) (Details) $ in Millions, $ in Millions

1 Months Ended

3 Months Ended

12 Months Ended

Feb. 23, 2024 USD ($)

Jun. 30, 2021 USD ($)

Mar. 05, 2021 USD ($)

Jun. 30, 2023 USD ($) a ft²

May 31, 2023 USD ($)

Feb. 28, 2021 USD ($)

Jan. 31, 2021 USD ($) a

Dec. 31, 2020 USD ($)

Mar. 31, 2021 USD ($)

Dec. 31, 2023 USD ($) a

Oct. 25, 2023 USD ($)

Oct. 25, 2023 AUD ($)

Sep. 30, 2021 USD ($)

Aug. 30, 2021 USD ($)

Aug. 30, 2021 NZD ($)

Jun. 09, 2021 USD ($)

Jun. 09, 2021 AUD ($)

Mar. 04, 2021 USD ($)

Mar. 04, 2021 NZD ($)

Feb. 23, 2021 NZD ($)

Jan. 31, 2021 AUD ($)

Aug. 28, 2019 USD ($)

Auburn/Redyard [Member]

Property, Plant and Equipment [Line Items]

Selling price

$ 69,579,000

$ 69,600,000

$ 90

Loss on book value

38,726,000

Auburn/Redyard [Member] | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations [Member]

Property, Plant and Equipment [Line Items]

Acres of land announced to be sold | a

2,600,000

Reclassified the current carrying value of property

$ 30,200,000

$ 39.1

Adjustment to sale price

$ 0

Manukau [Member]

Property, Plant and Equipment [Line Items]

Selling price

$ 56,058,000

$ 56,100,000

$ 77.2

$ 1

Loss on book value

40,926,000

Manukau [Member] | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations [Member]

Property, Plant and Equipment [Line Items]

Reclassified the current carrying value of property

$ 13,600,000

Adjustment to sale price

0

Coachella [Member]

Property, Plant and Equipment [Line Items]

Selling price

11,000,000

Proceeds from the sale property

$ 5,300,000

Loss on book value

$ 6,348,000

Coachella [Member] | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations [Member]

Property, Plant and Equipment [Line Items]

Reclassified the current carrying value of property

4,400,000

Adjustment to sale price

$ 0

Royal George Theatre [Member]

Property, Plant and Equipment [Line Items]

Selling price

7,075,000

Proceeds from the sale property

6,800,000

Loss on book value

$ 4,956,000

Royal George Theatre [Member] | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations [Member]

Property, Plant and Equipment [Line Items]

Reclassified the current carrying value of property

$ 1,800,000

Adjustment to sale price

$ 0

Invercargill [Member]

Property, Plant and Equipment [Line Items]

Selling price

$ 3,803,000

$ 3,800,000

$ 5.4

Loss on book value

$ 2,372,000

Maitland [Member]

Property, Plant and Equipment [Line Items]

Selling price

$ 1,774,000

$ 1,800,000

$ 2.8

Loss on book value

$ 800,000

Culver City Los Angeles [Member] | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations [Member]

Property, Plant and Equipment [Line Items]

Adjustment to sale price

$ 0

Book value

$ 10,700,000

Culver City Los Angeles [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Subsequent Event [Member]

Property, Plant and Equipment [Line Items]

Selling price

$ 8,300,000

Proceeds from the sale property

10,000,000

Loss on book value

(700,000)

Brokerage fees

210,000

Taxes on purchase

$ 140,000

2483 Trenton Avenue Williamsport Pennsylvania [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]

Property, Plant and Equipment [Line Items]

Acres of land announced to be sold | a

26.6

26.6

Book value

$ 460,000

Village East Cinema [Member]

Property, Plant and Equipment [Line Items]

Selling price

$ 5,900,000

Lease term

13 years

Land [Member] | 2483 Trenton Avenue Williamsport Pennsylvania [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]

Property, Plant and Equipment [Line Items]

Area of Land | ft²

18,000

Shadow View Land And Farming, LLC [Member]

Property, Plant and Equipment [Line Items]

Noncontrolling interests

50%

Shadow View Land And Farming, LLC [Member] | Coachella [Member]

Property, Plant and Equipment [Line Items]

Percentage of share of the 5-screen Elsternwick Classic cinema

50%

50%

Selling price

$ 11,000,000

Estate of James J. Cotter, Sr. [Member] | Coachella [Member]

Property, Plant and Equipment [Line Items]

Percentage of share of the 5-screen Elsternwick Classic cinema

50%

Real Estate Transactions (Sched

Real Estate Transactions (Schedule Of The Total Transaction Gain) (Details) $ in Thousands, $ in Millions, $ in Millions	Dec. 31, 2023 USD ($)	Oct. 25, 2023 USD ($)	Oct. 25, 2023 AUD ($)	Sep. 30, 2021 USD ($)	Aug. 30, 2021 USD ($)	Aug. 30, 2021 NZD ($)	Jun. 30, 2021 USD ($)	Jun. 09, 2021 USD ($)	Jun. 09, 2021 AUD ($)	Mar. 31, 2021 USD ($)	Mar. 04, 2021 USD ($)	Mar. 04, 2021 NZD ($)	Feb. 23, 2021 NZD ($)
Auburn/Redyard [Member]
Property, Plant and Equipment [Line Items]
Selling price							$ 69,579	$ 69,600	$ 90
Less: Property book value							(30,231)
Total transaction gain, gross							39,348
Less: Direct costs incurred							(622)
Total transaction gain, net							38,726
Manukau [Member]
Property, Plant and Equipment [Line Items]
Selling price										$ 56,058	$ 56,100	$ 77.2	$ 1
Less: Property book value										(13,618)
Total transaction gain, gross										42,440
Less: Direct costs incurred										(1,514)
Total transaction gain, net										40,926
Coachella [Member]
Property, Plant and Equipment [Line Items]
Selling price										11,000
Less: Property book value										(4,351)
Total transaction gain, gross										6,649
Less: Direct costs incurred										(301)
Total transaction gain, net										$ 6,348
Royal George Theatre [Member]
Property, Plant and Equipment [Line Items]
Selling price							7,075
Less: Property book value							(1,824)
Total transaction gain, gross							5,251
Less: Direct costs incurred							(295)
Total transaction gain, net							$ 4,956
Invercargill [Member]
Property, Plant and Equipment [Line Items]
Selling price				$ 3,803	$ 3,800	$ 5.4
Less: Property book value				(1,425)
Total transaction gain, gross				2,378
Less: Direct costs incurred				(6)
Total transaction gain, net				$ 2,372
Maitland [Member]
Property, Plant and Equipment [Line Items]
Selling price	$ 1,774	$ 1,800	$ 2.8
Less: Property book value	(835)
Total transaction gain, gross	939
Less: Direct costs incurred	(139)
Total transaction gain, net	$ 800

Properties and Equipment (Narra

Properties and Equipment (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Properties And Equipment [Abstract]
Depreciation expense for operating property	$ 18,300,000	$ 20,600,000	$ 22,000,000
Capitalized interest	$ 0	$ 0	$ 0

Properties and Equipment (Sched

Properties and Equipment (Schedule Of Property And Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total cost	$ 480,346	$ 546,440
Less: accumulated depreciation	(217,929)	(259,488)
Operating properties, net	262,417	286,952
Land [Member]
Property, Plant and Equipment [Line Items]
Total cost	61,095	67,392
Building And Improvements [Member]
Property, Plant and Equipment [Line Items]
Total cost	205,821	213,226
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total cost	53,984	64,230
Fixtures And Equipment [Member]
Property, Plant and Equipment [Line Items]
Total cost	155,156	194,753
Construction-In-Progress [Member]
Property, Plant and Equipment [Line Items]
Total cost	$ 4,290	$ 6,839

Properties And Equipment (Sch_2

Properties And Equipment (Schedule Of The Gross And Carrying Amounts Of The Properties Leased Of Held-For-Leasing) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Properties And Equipment [Abstract]
Gross balance	$ 127,222	$ 136,749
Less: Accumulated depreciation	(23,270)	(26,148)
Net Book Value	$ 103,952	$ 110,601

Properties and Equipment (Summa

Properties and Equipment (Summary Of Investment And Development Property) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Investment and development property	$ 8,789	$ 8,792
Land [Member]
Property, Plant and Equipment [Line Items]
Investment and development property	3,856	3,857
Construction-In-Progress (Including Capitalized Interest) [Member]
Property, Plant and Equipment [Line Items]
Investment and development property	$ 4,933	$ 4,935

Leases (Narrative) (Details)

Leases (Narrative) (Details)	Dec. 31, 2023
Minimum [Member]
Operating Leased Assets [Line Items]
Remaining lease term	1 year
Maximum [Member]
Operating Leased Assets [Line Items]
Remaining lease term	20 years
Renewal term	45 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

Leases (Components Of Lease Exp

Leases (Components Of Lease Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Amortization of right-of-use assets	$ 25	$ 38	$ 49
Interest on lease liabilities	1	2
Operating lease cost	32,877	33,422
Variable lease cost	1,501	619
Total lease cost	$ 34,404	$ 34,081

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Information Related To Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating cash flows for finance leases	$ 31	$ 42
Operating cash flows for operating leases	33,611	34,685
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 3,094	$ 6,710

Leases (Supplemental Balance Sh

Leases (Supplemental Balance Sheet Information Related To Leases) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease right-of-use assets	$ 181,542	$ 200,417
Operating lease liabilities - current portion	23,047	23,971
Operating lease liabilities - non-current portion	180,898	200,037
Total operating lease liabilities	203,945	224,008
Property plant and equipment, gross	232	363
Accumulated depreciation	(177)	(338)
Property plant and equipment, net	$ 55	$ 25
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Total property and equipment	Total property and equipment
Other current liabilities	$ 40	$ 28
Other long-term liabilities	43
Total finance lease liabilities	$ 83	$ 28
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current	Other Liabilities, Current
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Weighted-average remaining lease term - finance leases	2 years	1 year
Weighted-average remaining lease term - operating leases	11 years	11 years
Weighted-average discount rate - finance leases	7.07%	5.21%
Weighted-average discount rate - operating leases	4.62%	4.55%

Leases (Maturity Of Leases As L

Leases (Maturity Of Leases As Lessee) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating leases, 2024	$ 32,008
Operating leases, 2025	29,885
Operating leases, 2026	28,084
Operating leases, 2027	25,738
Operating leases, 2028	22,222
Operating leases, Thereafter	123,959
Operating leases, Total lease payments	261,896
Operating leases, Less imputed interest	(57,951)
Total operating lease liabilities	203,945	$ 224,008
Finance leases, 2024	45
Finance leases, 2025	44
Finance leases, Total lease payments	89
Finance leases, Less imputed interest	(6)
Total finance lease liabilities	$ 83	$ 28

Leases (Components Of Lease Inc

Leases (Components Of Lease Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Lease payments	$ 11,096	$ 8,076
Variable lease payments	783	737
Total lease income	$ 11,879	$ 8,813
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Revenue

Leases (Book Value Of Assets Un

Leases (Book Value Of Assets Under Operating Leases From Owned Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property Subject to or Available for Operating Lease [Line Items]
Gross balance	$ 480,346	$ 546,440
Accumulated depreciation	(217,929)	(259,488)
Operating properties, net	262,417	286,952
Building And Improvements [Member]
Property Subject to or Available for Operating Lease [Line Items]
Gross balance	127,222	136,749
Accumulated depreciation	(23,270)	(26,148)
Operating properties, net	$ 103,952	$ 110,601

Leases (Maturity Of Leases As_2

Leases (Maturity Of Leases As Lessor) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Leases [Abstract]
2024	$ 9,793
2025	9,433
2026	7,735
2027	6,904
2028	6,784
Thereafter	22,024
Total	$ 62,673

Investments In Unconsolidated_3

Investments In Unconsolidated Joint Ventures (Narrative) (Details)	12 Months Ended
	Dec. 31, 2023 item
Schedule of Equity Method Investments [Line Items]
Number of joint venture investments	2
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Number of screens on property	16
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Number of movie theatre	2
Number of screens on property	13

Investments In Unconsolidated_4

Investments In Unconsolidated Joint Ventures (Summary Of The Investments In Unconsolidated Joint Ventures And Entities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]
Total Joint Ventures	$ 4,756	$ 4,756
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Interest	33.30%
Total Joint Ventures	$ 3,908	3,836
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Interest	50%
Total Joint Ventures	$ 848	$ 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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Total equity earnings	$ 456	$ 271	$ 258
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Total equity earnings	526	392	254
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Total equity earnings	$ (70)	$ (121)	$ 4

Goodwill And Intangible Asset_2

Goodwill And Intangible Assets (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment	$ 0	$ 0	$ 0
Intangible assets, net	2,038,000	2,391,000
Amortization expense of intangibles assets	300,000	600,000	$ 700,000
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 1,063,000	1,220,000
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful life	30 years
Intangible assets, net	$ 781,000	919,000
Maximum [Member] | Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful life	30 years
Liquor Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 741,000	$ 741,000

Goodwill And Intangible Asset_3

Goodwill And Intangible Assets (Summary Of Goodwill) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Line Items]
Beginning balance	$ 25,504	$ 26,758
Foreign currency translation adjustment	31	(1,254)
Ending balance	25,535	25,504
Cinema [Member]
Goodwill [Line Items]
Beginning balance	20,280	21,534
Foreign currency translation adjustment	31	(1,254)
Ending balance	20,311	20,280
Real Estate [Member]
Goodwill [Line Items]
Beginning balance	5,224	5,224
Ending balance	$ 5,224	$ 5,224

Goodwill And Intangible Asset_4

Goodwill And Intangible Assets (Summary Of Intangible Assets Other Than Goodwill) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 24,707	$ 26,189
Less: accumulated amortization	(22,661)	(23,758)
Less: impairment charges	(8)	(40)
Net intangible assets other than goodwill	2,038	2,391
Beneficial Leases [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	11,283	12,216
Less: accumulated amortization	(11,089)	(11,964)
Net intangible assets other than goodwill	194	252
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	9,024	9,058
Less: accumulated amortization	(7,961)	(7,838)
Net intangible assets other than goodwill	1,063	1,220
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	4,400	4,915
Less: accumulated amortization	(3,611)	(3,956)
Less: impairment charges	(8)	(40)
Net intangible assets other than goodwill	$ 781	$ 919

Goodwill And Intangible Asset_5

Goodwill And Intangible Assets (Schedule Of Estimated Amortization Expense) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Goodwill And Intangible Assets [Abstract]
2023	$ 249
2024	140
2025	127
2026	116
2028	106
Thereafter	559
Total future amortization expense	$ 1,297

Prepaid And Other Assets (Detai

Prepaid And Other Assets (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2009	Feb. 05, 2007
Prepaid And Other Assets [Abstract]
Prepaid expenses	$ 1,813,000	$ 1,859,000
Prepaid taxes	802,000	1,687,000
Deposits	249,000	233,000
Interest receivable		8,000
Investments in marketable securities	17,000	17,000
Total prepaid and other current assets	2,881,000	3,804,000
Other non-cinema and non-rental real estate assets	674,000	1,134,000
Investment in Reading International Trust I	838,000	838,000	$ 838,000	$ 1,500,000
Straight-line rent asset	7,445,000	8,302,000
Long-term deposits	8,000	10,000
Total non-current assets	$ 8,965,000	$ 10,284,000

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Line Items]
Increase (decrease) to unrecognized tax interest	$ (151,000)	$ (257,000)
Unrecognized tax interest	491,000	641,000
Impact of effective tax rate if recognized	11,100,000	11,500,000
Change in valuation allowance on net deferred tax assets	8,300,000
Valuation allowance	59,087,000	$ 50,778,000
Domestic Tax Authority [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	88,600,000
California [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	58,800,000
Hawaii [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	34,200,000
New York [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	53,900,000
New Jersey [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	3,300,000
New York City [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	52,000,000
Minimum [Member]
Income Tax Disclosure [Line Items]
Uncertain tax position probable changes in next 12 months	500,000
Maximum [Member]
Income Tax Disclosure [Line Items]
Uncertain tax position probable changes in next 12 months	$ 1,500,000

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income (Loss) Before Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Line Items]
Income (loss) before income taxes and equity earnings of unconsolidated joint ventures	$ (31,051)	$ (36,112)	$ 40,500
Equity earnings of unconsolidated joint ventures	456	271	258
Income (loss) before income taxes	(30,595)	(35,841)	40,758
United States [Member]
Income Tax Disclosure [Line Items]
Income (loss) before income taxes and equity earnings of unconsolidated joint ventures	(29,986)	(40,087)	(35,835)
Equity earnings of unconsolidated joint ventures
Foreign [Member]
Income Tax Disclosure [Line Items]
Income (loss) before income taxes and equity earnings of unconsolidated joint ventures	(1,065)	3,975	76,335
Equity earnings of unconsolidated joint ventures	$ 456	$ 271	$ 258

Income Taxes (Schedule Of Signi

Income Taxes (Schedule Of Significant Components Of The Provision For Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Taxes [Abstract]
Current income tax expense (benefit), Federal	$ (800)	$ (97)	$ (5,727)
Current income tax expense (benefit), State	49	19	(6,426)
Current income tax expense (benefit), Foreign	927	(487)	17,217
Total current income tax expense (benefit)	176	(565)	5,064
Deferred income tax expense (benefit), Federal	2	2	(119)
Deferred income tax expense (benefit), State	(2)	2	(32)
Deferred income tax expense (benefit), Foreign	414	1,380	1,031
Total deferred income tax expense (benefit)	414	1,384	880
Total income tax expense (benefit)	$ 590	$ 819	$ 5,944

Income Taxes (Schedule Of Compo

Income Taxes (Schedule Of Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Income Taxes [Abstract]
Net operating loss carry-forwards	$ 31,820	$ 26,237
Foreign Tax Credit	3,743	3,743
Compensation and employee benefits	2,972	3,252
Deferred revenue	2,912	2,713
Accrued expenses	18,221	12,206
Lease Obligations	47,666	56,119
Land and property	2,412	1,620
Total Deferred Tax Assets	109,746	105,890
Lease liabilities	(48,927)	(52,747)
Accrued taxes	(632)	(532)
Intangibles	(442)	(444)
Other	(359)	(942)
Total Deferred Tax Liabilities	(50,360)	(54,665)
Net deferred tax assets before valuation allowance	59,386	51,225
Valuation allowance	(59,087)	(50,778)
Net deferred tax asset	$ 299	$ 447

Income Taxes (Schedule Of Inc_2

Income Taxes (Schedule Of Income Tax Reconciliation Items) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Taxes [Abstract]
Expected tax provision	$ (6,425)	$ (7,526)	$ 8,559
Foreign tax rate differential	30	384	6,473
Change in valuation allowance	6,781	8,071	(6,339)
State and local tax provision	48	21	(6,458)
Prior year adjustments	472	(405)	(211)
Unrecognized tax benefits	(398)	75	(3,937)
GILTI			7,858
Other	82	199	(1)
Total income tax expense (benefit)	$ 590	$ 819	$ 5,944

Income Taxes (Summary Of The Ac

Income Taxes (Summary Of The Activity Related To Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Taxes [Abstract]
Unrecognized tax benefits – gross beginning balance	$ 11,454	$ 11,536	$ 2,086
Gross increase (decrease) - prior year tax positions	(340)	(82)	(1,664)
Gross increase (decrease) – current period tax positions			11,114
Unrecognized tax benefits – gross ending balance	$ 11,114	$ 11,454	$ 11,536

Borrowings (Bank Of America Cre

Borrowings (Bank Of America Credit Facility) (Narrative) (Details) - Bank Of America Credit Facility [Member] - USD ($)		1 Months Ended	12 Months Ended
	Mar. 27, 2024	May 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment		$ 725,000
Payment in kind interest rate			0.50%
Maturity date			Sep. 04, 2024	Mar. 01, 2024
Floor Rate [Member]
Debt Instrument [Line Items]
Spread on variable rate			1%
Prime Rate [Member]
Debt Instrument [Line Items]
Spread on variable rate			3%
Subsequent Event [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment, Principal	$ 275,000
Maturity date	Aug. 18, 2025

Borrowings (Minetta And Orpheum

Borrowings (Minetta And Orpheum Theatres Loan) (Narrative) (Details) - Minetta And Orpheum Theatres Loan [Member] - USD ($) $ in Millions		12 Months Ended
	Jan. 26, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Debt, face amount		$ 8
Maturity date		Jun. 01, 2024	Nov. 01, 2023
Subsequent Event [Member]
Debt Instrument [Line Items]
Maturity date	Jun. 01, 2024

Borrowings (U.S. Corporate Offi

Borrowings (U.S. Corporate Office Term Loan) (Narrative) (Details) - USD ($) $ in Thousands			12 Months Ended
	Jun. 26, 2017	Dec. 13, 2016	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Contractual facility			$ 218,159	$ 227,633
U.S. Corporate Office Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument term		10 years
Contractual facility		$ 8,400	$ 8,401	$ 8,674
Interest rate	4.44%	4.64%
Debt increase	$ 1,500

Borrowings (Cinema 1, 2, 3 Term

Borrowings (Cinema 1, 2, 3 Term Loan) (Narrative) (Details)	Dec. 31, 2023
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]
Debt Instrument Floor Interest Rate	7.50
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | US Cinema 1, 2, 3 Term Loan [Member]
Debt Instrument [Line Items]
Interest rate	3.50%

Borrowings (Union Square Constr

Borrowings (Union Square Construction Financing) (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Emerald Creek Capital [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 55
Union Square Construction Financing [Member]
Debt Instrument [Line Items]
Line of credit facility, term	3 years
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Emerald Creek Capital [Member]
Debt Instrument [Line Items]
Spread on variable rate	6.90%

Borrowings (Purchase Money Prom

Borrowings (Purchase Money Promissory Note) (Narrative) (Details) - USD ($) $ in Millions		12 Months Ended
	Sep. 18, 2019	Dec. 31, 2023	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
Share Repurchased Program [Member]
Debt Instrument [Line Items]
Shares repurchased plan, shares	407,000
Payment to repurchase shares	$ 5.5

Borrowings (Trust Preferred Sec

Borrowings (Trust Preferred Securities) (Narrative) (Details) - USD ($)

1 Months Ended

12 Months Ended

Oct. 11, 2018

May 01, 2012

Apr. 30, 2009

Dec. 31, 2008

Feb. 05, 2007

Dec. 31, 2011

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2009

Dec. 31, 2008

Oct. 31, 2018

Dec. 31, 2014

Mar. 31, 2009

Debt Instrument [Line Items]

Investment in common trust securities

$ 1,500,000

$ 838,000

$ 838,000

$ 838,000

Preferred stock dividends payable

443,000

387,000

Marketable securities

$ 11,500,000

Loan amount

218,159,000

227,633,000

Trust Preferred Securities [Member]

Debt Instrument [Line Items]

Trust preferred securities

$ 51,500,000

$ 22,900,000

Debt instrument term

20 years

Trust preferred securities issued

$ 51,500,000

Trust preferred securities issued to third party

50,000,000

Trust preferred securities issued to parent

$ 1,500,000

Initial interest rate

9.22%

Period of initial interest rate

5 years

LIBOR period

3 months

Spread on variable rate

4%

Principal payment

$ 0

Initial period of payoff restriction

5 years

Percentage of principal that may be paid without penalty after initial restriction period

100%

Period of waiver on all financial covenants

9 years

Financial covenant waiver payment due

$ 1,600,000

$ 1,600,000

$ 270,000

Financial covenant waiver payment

$ 1,100,000

$ 270,000

Trust preferred dividends paid

$ 2,500,000

1,400,000

$ 1,100,000

Frequency of interest payment

3 months

Extinguishment of debt

$ 22,900,000

Amortization of debt discount

$ 106,000

Gain on retirement of subordinated debt

10,700,000

Write-off of deferred loan costs

$ 749,000

Loan amount

$ 1,600,000

$ 27,913,000

$ 27,913,000

Initial payment

$ 1,100,000

Contractual obligation due in October 2021

270,000

Contractual obligation due in October 2025

$ 225,000

Borrowings (Westpac Bank Corpor

Borrowings (Westpac Bank Corporate Credit Facility (NZ)) (Narrative) (Details) $ in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 NZD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Contractual facility	$ 218,159		$ 227,633
Westpac Bank Corporate Credit Facility [Member]
Debt Instrument [Line Items]
Contractual facility	$ 8,775	$ 13.8	$ 8,777
Maturity date	Jan. 01, 2025	Jan. 01, 2025	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 (Australian NAB Corp

Borrowings (Australian NAB Corporate Term Loan (AU)) (Narrative) (Details) - 12 months ended Dec. 31, 2023 $ in Millions, $ in Millions	USD ($)	AUD ($)
Australian NAB Corporate Loan Facility Tier 3 [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 100
Spread on variable interest rate	1.75%
Australian NAB Corporate Loan Facility Tier 3 [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 60
Australian NAB Corporate Loan Facility Tier 3 [Member] | Core Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 40
Australian NAB Bank Guarantee Facility Tier 3 [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 5
Spread on variable interest rate	1.90%
Maturity date	Jul. 31, 2025

Borrowings (Summary Of Borrowin

Borrowings (Summary Of Borrowings) (Details) $ in Thousands, $ in Millions					12 Months Ended
	Sep. 18, 2019	Oct. 11, 2018 USD ($)	Dec. 13, 2016 USD ($)	Aug. 31, 2016 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 NZD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Contractual Facility					$ 218,159		$ 227,633
Balance Gross					210,300		215,633
Balance Net					208,847		213,664
Deferred financing costs, net					$ 1,500		$ 2,000
Trust Preferred Securities [Member]
Debt Instrument [Line Items]
Maturity Date					Apr. 30, 2027	Apr. 30, 2027	Apr. 30, 2027
Contractual Facility		$ 1,600			$ 27,913		$ 27,913
Balance Gross					27,913		27,913
Balance Net					$ 27,172		$ 26,950
Stated Interest Rate					9.65%	9.65%	8.41%
Effective Interest Rate					9.65%		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					$ 20,200		$ 26,750
Balance Gross					20,200		26,750
Balance Net					$ 20,080		$ 26,663
Stated Interest Rate					11%	11%	10%
Effective Interest Rate					11%		10%
US Cinema 1, 2, 3 Term Loan [Member]
Debt Instrument [Line Items]
Maturity Date					Oct. 01, 2024	Oct. 01, 2024	Apr. 01, 2023
Contractual Facility				$ 20,000	$ 21,008		$ 22,455
Balance Gross					21,008		22,455
Balance Net					$ 20,780		$ 22,208
Stated Interest Rate					8.84%	8.84%	6.63%
Effective Interest Rate					8.84%		6.63%
Minetta And Orpheum Theatres Loan [Member]
Debt Instrument [Line Items]
Maturity Date					Jun. 01, 2024	Jun. 01, 2024	Nov. 01, 2023
Contractual Facility					$ 8,000		$ 8,000
Balance Gross					8,000		8,000
Balance Net					$ 8,000		$ 7,974
Stated Interest Rate					8.34%	8.34%	7.12%
Effective Interest Rate					8.34%		6%
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		$ 8,401		$ 8,674
Balance Gross					8,401		8,674
Balance Net					$ 8,356		$ 8,613
Effective Interest Rate							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					47,141		43,000
Balance Net					$ 46,925		$ 42,484
Stated Interest Rate					12.53%	12.53%	11.25%
Effective Interest Rate					12.53%		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					$ 586		$ 1,333
Balance Gross					586		1,333
Balance Net					$ 586		$ 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					Jul. 31, 2025	Jul. 31, 2025	Jun. 30, 2024
Contractual Facility					$ 68,276		$ 68,731
Balance Gross					68,276		68,731
Balance Net					$ 68,173		$ 68,662
Stated Interest Rate					6.11%	6.11%	4.82%
Effective Interest Rate					6.11%		4.82%
Westpac Bank Corporate Credit Facility [Member]
Debt Instrument [Line Items]
Maturity Date					Jan. 01, 2025	Jan. 01, 2025	Jan. 01, 2024
Contractual Facility					$ 8,775	$ 13.8	$ 8,777
Balance Gross					8,775		8,777
Balance Net					$ 8,775		$ 8,777
Stated Interest Rate					8.20%	8.20%	6.95%
Effective Interest Rate					8.20%		6.95%
Minetta and Orpheum Loan [Member]
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate							6%
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	Dec. 31, 2023	Dec. 31, 2022
Borrowings [Abstract]
Debt - current portion	$ 34,484	$ 37,279
Debt - long-term portion	146,605	148,688
Subordinated debt - current portion	586	747
Subordinated debt - long-term portion	27,172	26,950
Total borrowings	$ 208,847	$ 213,664

Borrowings (Schedule Of Future

Borrowings (Schedule Of Future Principal Loan Payments) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Borrowings [Abstract]
2024	$ 82,471
2025	92,102
2026	314
2027	35,413
Total future principle debt payments	$ 210,300

Pension And Other Liabilities_2

Pension And Other Liabilities (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Aug. 29, 2014
Defined Benefit Plan Disclosure [Line Items]
Total operating property	$ 262,417,000	$ 286,952,000
Operating lease liabilities - current	23,047,000	23,971,000
Accrued pension liability	2,646,000	3,138,000	$ 7,500,000
Benefit obligation, gross	$ 10,200,000
Discount rate	4.25%
Discount term	15 years
Monthly estate payment amount	$ 57,000
Discounted value	2,700,000
Accumulated prior service cost	$ 3,100,000
Accumulated prior service cost amortization period	15 years
Accrued pension costs included in other liabilities	$ 3,300,000	3,800,000
Service cost	0	0
Lease liability		$ 5,900,000
Chief Executive Officer [Member]
Defined Benefit Plan Disclosure [Line Items]
Estimated amortization of prior service cost next fiscal year	207,000
Supplemental Executive Retirement Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Accrued pension liability			$ 7,600,000
Village East Cinema [Member]
Defined Benefit Plan Disclosure [Line Items]
Operating lease liabilities - current	0
Village East Cinema [Member] | Sutton Hill Capital, LLC [Member]
Defined Benefit Plan Disclosure [Line Items]
Purchase option	5,900,000
Total operating property	4,700,000
Operating lease liabilities - current	$ 5,900,000
Lease term	10 years

Pension And Other Liabilities_3

Pension And Other Liabilities (Summary Of Other Liabilities Including Pension) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Aug. 29, 2014
Pension And Other Liabilities [Abstract]
Lease liability	$ 5,900
Accrued pension	684	$ 684
Security deposit payable	74	68
Finance lease liabilities	40	28
Other	33	33
Other current liabilities	6,731	813
Accrued pension	2,646	3,138		$ 7,500
Lease make-good provision	6,050	6,131	$ 7,766
Deferred rent liability	1,314	2,484
Environmental reserve	1,656	1,656
Lease liability		5,900
Acquired leases	2	11
Finance lease liabilities	43
Other non-current liabilities	$ 11,711	$ 19,320

Pension And Other Liabilities_4

Pension And Other Liabilities (Schedule Of Change In Pension Benefit Obligation And Funded Status) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pension And Other Liabilities [Abstract]
Benefit obligation at beginning of period	$ 3,822,000	$ 4,289,000
Service cost	0	0
Interest cost	191,000	216,000
Payments made	(683,000)	(683,000)
Benefit obligation at end of period	3,330,000	3,822,000
Unfunded status at end of period	$ (3,330,000)	$ (3,822,000)

Pension And Other Liabilities_5

Pension And Other Liabilities (Schedule Of Pension Benefit Obligation Recognized In Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Pension And Other Liabilities [Abstract]
Current liabilities	$ 519	$ 684
Other liabilities - Non current	2,811	3,138
Total pension liability	$ 3,330	$ 3,822

Pension And Other Liabilities_6

Pension And Other Liabilities (Schedule Of The Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pension And Other Liabilities [Abstract]
Interest cost	$ 191	$ 216
Amortization of prior service costs
Amortization of net actuarial gain	153	147
Net periodic benefit cost	344	363
Amortization of net loss	(153)	(147)
Total recognized in other comprehensive income	(153)	(147)
Total recognized in net periodic benefit cost and other comprehensive income	$ 191	$ 216
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Net of Tax	Other Comprehensive Income (Loss), Net of Tax

Pension And Other Liabilities_7

Pension And Other Liabilities (Schedule Of Items Not Recognized As A Component Of Net Periodic Pension Cost) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Pension And Other Liabilities [Abstract]
Unamortized actuarial loss	$ 1,669	$ 1,822
Accumulated other comprehensive income	$ 1,669	$ 1,822

Pension And Other Liabilities_8

Pension And Other Liabilities (Schedule Of Expected Benefit Payments) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Pension And Other Liabilities [Abstract]
2024	$ 519
2025	547
2026	576
2027	607
2028	638
Thereafter	443
Total pension payments	$ 3,330

Pension And Other Liabilities_9

Pension And Other Liabilities (Schedule Of Reconciliation Of The Lease Make-Good Provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pension And Other Liabilities [Abstract]
Lease make-good provision, Beginning balance	$ 6,131	$ 7,766
Liabilities incurred during the year	45
Liabilities settled during the year	(408)	(67)
Liabilities remeasured during the year	(24)	(1,567)
Accretion expense	292	293
Effect of changes in foreign currency	14	(294)
Lease make-good provision, Ending balance	$ 6,050	$ 6,131

Non-controlling Interests (Narr

Non-controlling Interests (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2023	Mar. 05, 2021
Noncontrolling Interest [Line Items]
Proceeds from sale of subsidiary's share to our joint venture partner		$ 11
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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$ (91)	$ 423
Australian Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	76	26
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	(2)	(3)
Sutton Hill Properties, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$ (165)	$ 400

Non-controlling Interests (Co_2

Non-controlling Interests (Components Of Income Attributable To Non-controlling Interest) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries	$ (512)	$ (476)	$ 2,893
Australian Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries	51	70	111
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries	1	(4)	3,163
Sutton Hill Properties, LLC [Member]
Noncontrolling Interest [Line Items]
Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries	$ (564)	$ (542)	$ (381)

Share-Based Compensation And _3

Share-Based Compensation And Share Repurchase Plans (Narrative) (Details) - USD ($)		1 Months Ended	12 Months Ended
	Dec. 07, 2023	Apr. 30, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Repurchase value			$ 0
Repurchase program, amount authorized			$ 26,000,000
Share conversion ratio			1
Number of Stock Options, Granted				0	0
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense			$ 50,000	$ 212,000	$ 402,000
Unrecognized estimated compensation cost related to non-vested stock options granted			$ 196,000
Recognition period of unrecognized compensation cost			9 years 11 months 8 days
Proceeds from stock option exercises			$ 0	0	$ 0
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 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Granted			207,657
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
Additional shares authorized	971,807		1,295,241
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense			$ 1,800,000	$ 1,700,000
Unrecognized estimated compensation cost related to non-vested stock options granted			$ 3,600,000
Number of options, Granted			2,233,372
Restricted Stock Units (RSUs) [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted			85,139
Restricted Stock Units (RSUs) [Member] | Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted			52,360
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]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Granted			207,657
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%
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 _4

Share-Based Compensation And Share Repurchase Plans (Schedule Of Fair Value Of Options, Weighted Average Assumptions) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation and Stock Repurchase Plans [Abstract]
Stock option exercise price	$ 1.92
Risk-free interest rate	4.12%	0%	0%
Expected option life in years	5 years 6 months
Expected volatility	53.20%	0%	0%
Weighted average fair value	$ 1.01

Share-Based Compensation And St

Share-Based Compensation And Stock Repurchase Plans (Summary Of Stock Options Outstanding And Exercisable) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Granted		0	0
Weighted Average Exercise Price of Options Outstanding, Granted	$ 1.92
Weighted Average Remaining Years of Contractual Life	1 year 9 months 14 days	1 year 2 months 26 days	1 year 7 months 28 days	2 years 2 months 4 days
Aggregate Intrinsic Value, Beginning balance			$ 13,969
Aggregate Intrinsic Value, Exercised			$ 63,831
Aggregate Intrinsic Value, Ending balance				$ 13,969
Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Beginning balance	327,498	517,344	713,479
Number of Stock Options, Granted	207,657
Number of Stock Options, Exercised			(38,803)
Number of Stock Options, Expired	(122,376)	(189,846)	(157,332)
Number of Stock Options Outstanding, Ending balance	412,779	327,498	517,344	713,479
Weighted Average Exercise Price of Options Outstanding, Beginning price	$ 15.87	$ 15.42	$ 14.64
Weighted Average Exercise Price of Options Outstanding, Granted	1.92
Weighted Average Exercise Price of Options Outstanding, Exercised			4.66
Weighted Average Exercise Price of Options Outstanding, Expired		14.63	11.87
Weighted Average Exercise Price of Options Outstanding, Ending price	$ 14.19	$ 15.87	$ 15.42	$ 14.64

Share-Based Compensation And _5

Share-Based Compensation And Share Repurchase Plans (Summary Of Vested And Unvested Stock Options) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining years of contractual life, Vested	6 months 21 days	1 year 2 months 1 day	1 year 5 months 1 day
Weighted average remaining years of contractual life, Nonvested	1 year 9 months 14 days	1 year 2 months 26 days	2 years 3 months 14 days
Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested	205,122	276,218	384,189
Weighted average exercise price, Vested	$ 15.92	$ 15.81	$ 15.38
Unvested	207,657	51,281	133,155
Weighted average exercise price, Nonvested	$ 4.54	$ 16.15	$ 15.65

Share-Based Compensation And _6

Share-Based Compensation And Stock Repurchase Plans (Schedule Of Restricted Stock Units Issued And Vested) (Details) - Restricted Stock Units (RSUs) [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	2,233,372
Number of options, Vesting | shares	969,822
Number of options, Unvested | shares	1,065,511
Number of options, Forfeited | shares	198,039
Value of options, Granted | $	$ 13,103,765
Value of options, Vesting | $	7,869,691
Value of options, Forfeited | $	995,025
Value of options, Unvested | $	$ 4,239,049
Award Date 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	68,153
Number of options, Vesting | shares	67,372
Number of options, Forfeited | shares	781
Value of options, Granted | $	$ 815,160
Value of options, Vesting | $	805,759
Value of options, Forfeited | $	$ 9,400
Award Date 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	70,538
Number of options, Vesting | shares	70,006
Number of options, Forfeited | shares	532
Value of options, Granted | $	$ 1,124,348
Value of options, Vesting | $	1,115,852
Value of options, Forfeited | $	$ 8,496
Award Date 3 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	97,600
Number of options, Vesting | shares	94,426
Number of options, Forfeited | shares	3,174
Value of options, Granted | $	$ 1,581,512
Value of options, Vesting | $	1,529,648
Value of options, Forfeited | $	$ 51,864
Award Date 4 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	59,258
Number of options, Vesting | shares	56,154
Number of options, Forfeited | shares	3,104
Value of options, Granted | $	$ 944,070
Value of options, Vesting | $	894,065
Value of options, Forfeited | $	$ 50,005
Award Date 5 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	401,966
Number of options, Vesting | shares	354,950
Number of options, Unvested | shares	18,758
Number of options, Forfeited | shares	28,258
Value of options, Granted | $	$ 2,281,899
Value of options, Vesting | $	1,996,354
Value of options, Forfeited | $	170,840
Value of options, Unvested | $	$ 114,705
Award Date 6 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	361,593
Number of options, Vesting | shares	177,510
Number of options, Unvested | shares	148,426
Number of options, Forfeited | shares	35,657
Value of options, Granted | $	$ 2,185,222
Value of options, Vesting | $	1,002,259
Value of options, Forfeited | $	229,250
Value of options, Unvested | $	$ 953,712
Award Date 7 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	502,582
Number of options, Vesting | shares	149,404
Number of options, Unvested | shares	282,502
Number of options, Forfeited | shares	70,676
Value of options, Granted | $	$ 1,998,505
Value of options, Vesting | $	525,753
Value of options, Forfeited | $	294,720
Value of options, Unvested | $	$ 1,178,033
Award Date 8 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Granted | shares	671,682
Number of options, Unvested | shares	615,825
Number of options, Forfeited | shares	55,857
Value of options, Granted | $	$ 2,173,049
Value of options, Forfeited | $	180,451
Value of options, Unvested | $	$ 1,992,598

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ 63,279,000	$ 105,060,000	$ 81,173,000
Net change related to derivatives	(580,000)	557,000	340,000
Net current-period other comprehensive income (loss)	(717,000)	(6,843,000)	(7,619,000)
Balance	32,996,000	63,279,000	105,060,000
Foreign Currency Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(697,000)
Total change in hedge fair value recorded in Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive income
Net change related to derivatives
Net current-period other comprehensive income (loss)	(289,000)
Net of income tax expense (benefit)	(8,000)
Balance	(986,000)	(697,000)
Unrealized Gain (Losses) On Available-For-Sale Investments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(18,000)
Total change in hedge fair value recorded in Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive income
Net change related to derivatives
Net current-period other comprehensive income (loss)
Balance	(18,000)	(18,000)
Accrued Pension Service Costs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(1,822,000)
Total change in hedge fair value recorded in Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive income
Net change related to derivatives
Net current-period other comprehensive income (loss)	153,000
Net of income tax expense (benefit)	54,000
Balance	(1,669,000)	(1,822,000)
Hedge Accounting Reserve [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	580,000
Total change in hedge fair value recorded in Other Comprehensive Income	(1,000)
Amounts reclassified from accumulated other comprehensive income	(579,000)
Net change related to derivatives	(580,000)
Net current-period other comprehensive income (loss)	(580,000)
Balance		580,000
Accumulated Other Comprehensive Income/(Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(1,957,000)	4,882,000	12,502,000
Total change in hedge fair value recorded in Other Comprehensive Income	(1,000)
Amounts reclassified from accumulated other comprehensive income	(579,000)
Net change related to derivatives	(580,000)
Net current-period other comprehensive income (loss)	(716,000)	(6,839,000)	(7,620,000)
Balance	$ (2,673,000)	$ (1,957,000)	$ 4,882,000

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
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	$ 0
Derivative Asset		$ 907,000
Derivative Asset, Statement of Financial Position [Extensible Enumeration]		Derivative Instruments and Hedges, Assets
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset		$ 907,000
Financial liabilities		$ 0

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	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable	$ 148,325	$ 172,230
Subordinated debt	27,832	25,025
Financial liabilities total	176,157	197,255
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable	148,325	172,230
Subordinated debt	27,832	25,025
Financial liabilities total	176,157	197,255
Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable	182,387	187,720
Subordinated debt	27,913	27,913
Financial liabilities total	$ 210,300	$ 215,633

Hedge Accounting (Narrative) (D

Hedge Accounting (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 0	$ 51

Hedge Accounting (Schedule Of D

Hedge Accounting (Schedule Of Derivative Instruments On The Balance Sheet At Fair Value) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Derivatives, Fair Value [Line Items]
Total derivatives designated as hedging instruments	$ 907
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments - current portion	907
Total derivatives designated as hedging instruments	$ 907

Hedge Accounting (Schedule Of C

Hedge Accounting (Schedule Of Changes in Fair value) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Income on Derivatives	$ (821)	$ (672)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest Expense	Interest Expense
Interest Rate Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Income on Derivatives	$ (821)	$ (672)

Hedge Accounting (Summary Of He

Hedge Accounting (Summary Of Hedged Transactions That Affect Earnings) (Details) - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Income on Derivatives (Effective Portion)	$ 2	$ (1,520)
Loss Reclassified from OCI into Income (Effective Portion)	$ 821	$ 672
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest Expense	Interest Expense

Related Parties (Details)

Related Parties (Details) - USD ($)						12 Months Ended
	Nov. 06, 2020	Oct. 01, 2020	Aug. 31, 2016	Jan. 01, 2015	Jun. 28, 2007	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2016	Dec. 31, 2012	Feb. 28, 2015
Related Party Transaction [Line Items]
Total operating property						$ 262,417,000	$ 286,952,000
Operating lease liabilities - current						23,047,000	23,971,000
Contributions from noncontrolling stockholders							4,000	$ 3,000
Capital call						0	0	0	$ 506,000
Contractual facility						218,159,000	227,633,000
Rent charge						261,896,000
Proceeds from contributions		$ 750,000
US Cinema 1, 2, 3 Term Loan [Member]
Related Party Transaction [Line Items]
Contractual facility			$ 20,000,000			$ 21,008,000	$ 22,455,000
Maturity date						Oct. 01, 2024	Apr. 01, 2023
Shadow View Land And Farming, LLC [Member]
Related Party Transaction [Line Items]
Noncontrolling interests						50%
Sutton Hill Properties, LLC [Member]
Related Party Transaction [Line Items]
Payments of distributions		1,000,000
Sutton Hill Properties, LLC [Member] | US Cinema 1, 2, 3 Term Loan [Member]
Related Party Transaction [Line Items]
Contractual facility			$ 15,000,000
Cinemas 1, 2, 3 [Member]
Related Party Transaction [Line Items]
Incremental positive cash flow percentage				100%
Average annual positive cash flow period				3 years
Annual cash-on-cash return percent				15%
Sutton Hill Capital, LLC [Member]
Related Party Transaction [Line Items]
Payment to acquire interest in special purpose entity					$ 3,000,000
Management fee	$ 112,500
Debt amount					26,900,000
Due from related party					$ 2,900,000
Renovation amount											$ 750,000
Capital call									$ 169,000
Guarantee and indemnity percentage						25%
Sutton Hill Capital, LLC [Member] | Sutton Hill Properties, LLC [Member]
Related Party Transaction [Line Items]
Payments of distributions		$ 250,000
Sutton Hill Capital's Interest In Sutton Hill Properties [Member]
Related Party Transaction [Line Items]
Special purpose entity purchase option, percentage						25%
James Cotter And Michael Forman [Member]
Related Party Transaction [Line Items]
Ownership percentage in live theater play investment						5%
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Contributions from noncontrolling stockholders										$ 2,500,000
Bonus contributed to acquire land										$ 255,000
Chief Executive Officer [Member] | Shadow View Land And Farming, LLC [Member]
Related Party Transaction [Line Items]
Noncontrolling interests										50%
Percentage of costs associated with acquisition										50%
Village East Cinema [Member]
Related Party Transaction [Line Items]
Operating lease liabilities - current						$ 0
Due from related party						5,100,000
Rent charge							$ 590,000
Lease payment						$ 442,000	590,000	$ 1,000,000
Village East Cinema [Member] | Sutton Hill Capital, LLC [Member]
Related Party Transaction [Line Items]
Lease term						10 years
Purchase option						$ 5,900,000
Total operating property						4,700,000
Operating lease liabilities - current						$ 5,900,000
Deferred Rent 2020 [Member] | Village East Cinema [Member]
Related Party Transaction [Line Items]
Lease payment							$ 442,000

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	Feb. 23, 2024 USD ($)
Subsequent Event [Member]
Subsequent Event [Line Items]
Sale of property	$ 10

Valuation And Qualifying Accoun

Valuation And Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Allowance For Doubtful Accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of year	$ 1,042	$ 1,169	$ 1,382
Increase	97	107	50
Decrease	787	234	263
Balance at end of year	352	1,042	1,169
Tax Valuation Allowance [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of year	50,778	40,894	47,056
Increase	8,309	9,884
Decrease			6,162
Balance at end of year	$ 59,087	$ 50,778	$ 40,894

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false