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Commitments And Contingencies
3 Months Ended
Mar. 31, 2013
Commitments And Contingencies [Abstract]  
Commitments And Contingencies

Note 13 – Commitments and Contingencies

 

Unconsolidated Debt

 

             Total debt of unconsolidated joint ventures and entities was $694,000 and $703,000 as of March 31, 2013 and December 31, 2012.  Our share of unconsolidated debt, based on our ownership percentage, was $231,000 and $234,000 as of March 31, 2013 and December 31, 2012.  This debt is guaranteed by one of our subsidiaries to the extent of our ownership percentage.

 

Digital Projection

 

We have a $15.5 million operating lease which we used to finance the implementation of digital projection in our U.S. cinema circuit during 2012.  For our Australia and New Zealand circuits, we anticipate that we will purchase the digital projection equipment for approximately $8.0 million and $2.0 million, respectively, with our cash on hand during 2013.