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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2012
Fair value measurement of assets and liabilities on recurring basis

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2012:

 

     Carrying
Value
    Fair Value  

Description

     Level 1      Level 2      Level 3  

Interest rate swap liabilities — current (see Note 14)

   $ (5,503   $ —         $ —         $ (5,503

Interest rate swap liabilities — long term (see Note 14)

   $ (8,689   $ —         $ —         $ (8,689

Investment in RealD (see Note 8)

   $ 13,707      $ 13,707       $ —         $ —     

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2011:

 

     Carrying
Value
    Fair Value  

Description

     Level 1      Level 2      Level 3  

Interest rate swap liabilities — current (see Note 14)

   $ (9,979   $ —         $ —         $ (9,979

Interest rate swap liabilities — long term (see Note 14)

   $ (6,597   $ —         $ —         $ (6,597

Investment in RealD (see Note 8)

   $ 9,709      $ 9,709       $ —         $ —     
Reconciliation of beginning and ending balance for assets and liabilities measured at fair value

Below is a reconciliation of the beginning and ending balance for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

 

     Liabilities     Assets  
     2012     2011     2012      2011  

Beginning balances — January 1

   $ 16,576      $ 15,970      $ —         $ 8,955   

Total gain (loss) included in accumulated other comprehensive loss

     (1,576     1,736        —           (8,955

Total gain included in earnings

     (808     (1,130     —           —     
  

 

 

   

 

 

   

 

 

    

 

 

 

Ending balances — December 31

   $ 14,192      $ 16,576      $ —         $ —