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INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2015
Investments [Abstract]  
Schedule Activity with Equity Method Investee National CineMedia
Below is a summary of activity with National CineMedia included in the Company's consolidated financial statements as of and for the years ended December 31, 2015, January 1, 2015 and December 26, 2013 (in millions):
 
 
As of the period ended
 
For the period ended
 
 
Investment
in NCM
 
Deferred
Revenue
 
Cash
Received
 
Earnings
recognized
from NCM
 
Other
NCM
Revenues
 
Gain on sale
of NCM, Inc.
common
stock
Balance as of and for the period ended December 27, 2012
 
$
73.9

 
$
(344.3
)
 
$
49.5

 
$
(34.8
)
 
$
(17.0
)
 
$
—

  Receipt of additional common units(1)
 
33.8

 
(33.8
)
 
—

 
—

 
—

 
—

  Receipt of common units due to extraordinary common unit adjustment(1)
 
61.4

 
(61.4
)
 
—

 
—

 
—

 
—

  Receipt of excess cash distributions(2)
 
(9.1
)
 
—

 
35.4

 
(26.3
)
 
—

 
—

  Receipt under tax receivable agreement(2)
 
(0.9
)
 
—

 
4.6

 
(3.7
)
 
—

 
—

  Revenues earned under ESA(3)
 
—

 
—

 
12.6

 
—

 
(12.6
)
 
—

  Amortization of deferred revenue(4)
 
—

 
7.3

 
—

 
—

 
(7.3
)
 
—

  Equity income attributable to additional common units(5)
 
7.5

 
—

 
—

 
(7.5
)
 
—

 
—

  Redemption/sale of NCM stock(6)
 
(10.0
)
 
—

 
40.9

 
—

 
—

 
(30.9
)
  Deferred gain on AC JV, LLC transaction(7)
 
1.9

 
—

 
—

 
—

 
—

 
—

Balance as of and for the period ended December 26, 2013
 
$
158.5

 
$
(432.2
)
 
$
93.5

 
$
(37.5
)
 
$
(19.9
)
 
$
(30.9
)
  Receipt of additional common units(1)
 
5.9

 
(5.9
)
 
—

 
—

 
—

 
—

  Receipt of excess cash distributions(2)
 
(10.2
)
 
—

 
27.1

 
(16.9
)
 
—

 
—

  Receipt under tax receivable agreement(2)
 
(3.9
)
 
—

 
12.0

 
(8.1
)
 
—

 
—

  Revenues earned under ESA(3)
 
—

 
—

 
14.2

 
—

 
(14.2
)
 
—

  Amortization of deferred revenue(4)
 
—

 
9.6

 
—

 
—

 
(9.6
)
 
—

  Equity income attributable to additional common units(5)
 
7.1

 
—

 
—

 
(7.1
)
 
—

 
—

Balance as of and for the period ended January 1, 2015
 
$
157.4

 
$
(428.5
)
 
$
53.3

 
$
(32.1
)
 
$
(23.8
)
 
$
—

  Receipt of additional common units(1)
 
9.0

 
(9.0
)
 
—

 
—

 
—

 
—

  Receipt of excess cash distributions(2)
 
(11.8
)
 
—

 
30.5

 
(18.7
)
 
—

 
—

  Receipt under tax receivable agreement(2)
 
(3.5
)
 
—

 
9.5

 
(6.0
)
 
—

 
—

  Revenues earned under ESA(3)
 
—

 
—

 
16.7

 
—

 
(16.7
)
 
—

  Amortization of deferred revenue(4)
 
—

 
10.8

 
—

 
—

 
(10.8
)
 
—

  Equity income attributable to additional common units(5)
 
6.3

 
—

 
—

 
(6.3
)
 
—

 
—

Balance as of and for the period ended December 31, 2015
 
$
157.4

 
$
(426.7
)
 
$
56.7

 
$
(31.0
)
 
$
(27.5
)
 
$
—

_______________________________________________________________________________
(1)
On March 17, 2015, March 13, 2014, and March 14, 2013, we received from National CineMedia approximately 0.6 million, 0.4 million and 2.2 million, respectively, newly issued common units of National CineMedia in accordance with the annual adjustment provisions of the Common Unit Adjustment Agreement. In addition, on November 19, 2013, we received from National CineMedia approximately 3.4 million newly issued common units of National CineMedia in accordance with the adjustment provisions of the Common Unit Adjustment Agreement in connection with our acquisition of Hollywood Theaters. The Company recorded the additional common units (Additional Investments Tranche) at fair value using the available closing stock prices of NCM, Inc. as of the dates on which the units were issued. As a result of these adjustments, the Company recorded increases to its investment in National CineMedia (along with corresponding increases to deferred revenue) of $9.0 million, $5.9 million and $95.2 million during the years ended December 31, 2015, January 1, 2015 and December 26, 2013, respectively. Such deferred revenue amounts are being amortized to advertising revenue over the remaining term of the ESA between RCI and National CineMedia following the units of revenue method as described in (4) below. These transactions, together with the transaction described in (6) below, caused a proportionate net increase in the Company's Additional Investments Tranche and increased our ownership share in National CineMedia to 26.4 million common units. As a result, on a fully diluted basis, we own a 19.5% interest in NCM, Inc. as of December 31, 2015.
(2)
During the years ended December 31, 2015, January 1, 2015 and December 26, 2013, the Company received $40.0 million, $39.1 million, $40.0 million, respectively, in cash distributions from National CineMedia, exclusive of receipts for services performed under the ESA (including payments of $9.5 million, $12.0 million, and $4.6 million received under the tax receivable agreement). Approximately $15.3 million, $14.1 million and $10.0 million of these cash distributions received during the years ended December 31, 2015, January 1, 2015 and December 26, 2013, respectively, were attributable to the Additional Investments Tranche and were recognized as a reduction in our investment in National CineMedia. The remaining amounts were recognized in equity earnings during each of these periods and have been included as components of "Earnings recognized from NCM" in the accompanying consolidated financial statements.
(3)
The Company recorded other revenues, excluding the amortization of deferred revenue, of approximately $16.7 million, $14.2 million and $12.6 million for the years ended December 31, 2015, January 1, 2015 and December 26, 2013, respectively, pertaining to our agreements with National CineMedia, including per patron and per digital screen theatre access fees (net of payments $11.8 million, $14.0 million and $15.5 million for the years ended December 31, 2015, January 1, 2015 and December 26, 2013, respectively) for on-screen advertising time provided to our beverage concessionaire and other NCM revenues. These advertising revenues are presented as a component of "Other operating revenues" in the Company's consolidated financial statements.
(4)
Amounts represent amortization of ESA modification fees received from NCM to advertising revenue utilizing the units of revenue amortization method. These advertising revenues are presented as a component of "Other operating revenues" in the Company's consolidated financial statements.
(5)
Amounts represent the Company's share in the net income of National CineMedia with respect to the Additional Investments Tranche. Such amounts have been included as a component of "Earnings recognized from NCM" in the consolidated financial statements. On May 5, 2014, NCM, Inc. announced that it had entered into a merger agreement to acquire Screenvision, LLC ("Screenvision") for $375 million, consisting of cash and NCM, Inc. common stock. On November 3, 2014, the U.S. Department of Justice ("DOJ") filed an antitrust lawsuit seeking to enjoin the proposed merger between NCM, Inc. and Screenvision.  On March 16, 2015, NCM, Inc. announced that it had agreed with Screenvision to terminate the merger agreement. The termination of the merger agreement was effective upon NCM Inc.’s payment of a $26.8 million termination payment to Screenvision. National CineMedia indemnified NCM, Inc. for the termination fee.  Accordingly, each founding member bore a pro rata portion of this fee (along with approximately $14.1 million of associated merger costs) based upon their respective ownership percentage in National CineMedia. The Company recorded the impact of its pro rata portion of this fee and associated merger costs as a $3.3 million reduction of equity earnings in NCM during the year ended December 31, 2015.
(6)
During the year ended December 26, 2013, the Company redeemed 2.3 million of its National CineMedia common units for a like number of shares of NCM, Inc. common stock, which the Company sold in an underwritten public offering (including underwriter over-allotments) for $17.79 per share, reducing our investment in National CineMedia by approximately $10.0 million, the average carrying amount of the shares sold. The Company received approximately $40.9 million in proceeds, resulting in a gain on sale of approximately $30.9 million. We accounted for this transaction as a proportionate decrease in the Company's Initial Investment Tranche and Additional Investments Tranche and decreased our ownership share in National CineMedia.
(7)
As described further below under "Investment in AC JV, LLC," in connection with the sale of its Fathom Events business to AC JV, LLC, National CineMedia recorded a gain of approximately $25.4 million in connection with the sale. The Company's proportionate share of such gain (approximately $1.9 million) was excluded from equity earnings in National CineMedia and recorded as a reduction in the Company's investment in AC JV.
Summary of unaudited consolidated statement of operations information of National CineMedia
Summarized consolidated statements of income information for National CineMedia for the years ended January 1, 2015, December 26, 2013 and December 27, 2012 is as follows (in millions):
 
 
Year Ended
January 1, 2015
 
Year Ended
December 26, 2013
 
Year Ended
December 27, 2012
Revenues
 
$
394.0

 
$
462.8

 
$
448.8

Income from operations
 
159.2

 
202.0

 
191.8

Net income
 
96.3

 
162.9

 
101.0

Summarized consolidated statements of operations information for Open Road Films for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 is as follows (in millions):
 
 
Year Ended
December 31, 2015
 
Year Ended
December 31, 2014
 
Year Ended
December 31, 2013
Revenues
 
$
119.2

 
$
175.4

 
$
140.4

Income (loss) from operations
 
(27.6
)
 
(13.3
)
 
12.3

Net income (loss)
 
(29.8
)
 
(15.2
)
 
9.7

Summarized consolidated statements of operations information for DCIP for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 is as follows (in millions):
 
 
Year Ended
December 31, 2015
 
Year Ended
December 31, 2014
 
Year Ended
December 31, 2013
Net revenues
 
$
172.3

 
$
170.7

 
$
182.7

Income from operations
 
103.4

 
102.0

 
116.2

Net income
 
79.3

 
61.3

 
49.0
Summary of unaudited consolidated balance sheet information for National CineMedia
Summarized consolidated balance sheet information for DCIP as of December 31, 2015 and 2014 is as follows (in millions):
 
 
December 31, 2015
 
December 31, 2014
Current assets
 
$
48.8

 
$
53.2

Noncurrent assets
 
956.0

 
1,044.4

Total assets
 
1,004.8

 
1,097.6

Current liabilities
 
32.5

 
24.0

Noncurrent liabilities
 
642.7

 
821.3

Total liabilities
 
675.2

 
845.3

Members' equity
 
329.6

 
252.3

Liabilities and members' equity
 
1,004.8

 
1,097.6


Summarized consolidated balance sheet information for National CineMedia as of January 1, 2015 and December 26, 2013 is as follows (in millions):
 
 
January 1, 2015
 
December 26, 2013
Current assets
 
$
134.9

 
$
141.6

Noncurrent assets
 
546.2

 
557.6

Total assets
 
681.1

 
699.2

Current liabilities
 
106.5

 
122.4

Noncurrent liabilities
 
892.0

 
876.0

Total liabilities
 
998.5

 
998.4

Members' deficit
 
(317.4
)
 
(299.2
)
Liabilities and members' deficit
 
681.1

 
699.2

Summarized consolidated balance sheet information for Open Road Films as of December 31, 2015 and 2014 is as follows (in millions):
 
 
December 31, 2015
 
December 31, 2014
Current assets
 
$
49.0

 
$
44.5

Noncurrent assets
 
52.3

 
12.3

Total assets
 
101.3

 
56.8

Current liabilities
 
65.1

 
41.1

Noncurrent liabilities
 
95.9

 
45.6

Total liabilities
 
161.0

 
86.7

Members' deficit
 
(59.7
)
 
(29.9
)
Liabilities and members' deficit
 
101.3

 
56.8
Schedule of changes in the carrying amount of investment in Digital Cinema Implementation Partners
The changes in the carrying amount of our investment in AC JV for the years ended December 31, 2015, January 1, 2015 and December 26, 2013 are as follows (in millions):

Balance as of December 27, 2012
$
—

     Issuance of promissory note to National CineMedia
8.3

     Equity contributions
0.3

     Adjustment for gain recognized by National CineMedia
(1.9
)
Balance as of December 26, 2013
6.7

     Equity in earnings attributable to AC JV, LLC(1)
1.4

Balance as of January 1, 2015
8.1

     Receipt of cash distributions(2)
(1.6
)
     Equity in earnings attributable to AC JV, LLC(1)
1.0

Balance as of December 31, 2015
$
7.5

________________________________
(1)
Represents the Company’s recorded share of the net income of AC JV, LLC. Such amount is presented as a component of “Equity in income of non-consolidated entities and other, net” in the accompanying consolidated statements of income.
(2)
Represents cash distributions from AC JV as a return on its investment.
The Company's investment in Open Road Films is included as a component of "Other Non-Current Liabilities" in the consolidated balance sheets. The changes in the carrying amount of our investment in Open Road Films for the years ended December 31, 2015, January 1, 2015 and December 26, 2013 are as follows (in millions):
Balance as of December 27, 2012
$
(10.0
)
Equity in earnings attributable to Open Road Films(1)
2.9

Balance as of December 26, 2013
(7.1
)
Equity in loss attributable to Open Road Films(1)
(2.9
)
Balance as of January 1, 2015
(10.0
)
Equity in earnings attributable to Open Road Films(1)
—

Balance as of December 31, 2015
$
(10.0
)
__________________________________________________________________
(1)
Represents the Company’s recorded share of the net income (loss) of Open Road Films. Such amount is presented as a component of “Equity in income of non-consolidated entities and other, net” in the accompanying consolidated statements of income.
The changes in the carrying amount of our investment in DCIP for the years ended December 31, 2015, January 1, 2015, and December 26, 2013 are as follows (in millions):
Balance as of December 27, 2012
$
72.8

Equity contributions
3.5

Equity in earnings of DCIP(1)
22.9

Change in fair value of equity method investee interest rate swap transactions
2.4

Balance as of December 26, 2013
101.6

Equity contributions
3.6

Equity in earnings of DCIP(1)
28.6

Receipt of cash distributions(2)
(6.3
)
Change in fair value of equity method investee interest rate swap transactions
(1.2
)
Balance as of January 1, 2015
126.3

Equity contributions
0.4

Equity in earnings of DCIP(1)
37.0

Receipt of cash distributions(2)
(2.0
)
Change in fair value of equity method investee interest rate swap transactions
(1.0
)
Balance as of December 31, 2015
$
160.7


_______________________________________________________________________________
(1)
Represents the Company's share of the net income of DCIP. Such amount is presented as a component of "Equity in income of non-consolidated entities and other, net" in the accompanying consolidated statements of income.
(2)
Represents cash distributions from DCIP as a return on its investment.