Business Segments And Geographic Area Information

12 Months Ended

Dec. 31, 2013

Business Segments And Geographic Area Information [Abstract]

Business Segments And Geographic Area Information

Note 22 – Business Segments and Geographic Area Information

The table below sets forth certain information concerning our cinema operations and our real estate operations (which includes information relating to both our real estate development, retail rental and live theater rental activities) for the three years ended December 31, 2013 (dollars in thousands): 

Year Ended December 31, 2013	Cinema Exhibition		Real Estate		Intersegment Eliminations		Total
Revenue	$	239,418	$	26,456	$	(7,653)	$	258,221
Operating expense		200,859		10,830		(7,653)		204,036
Depreciation and amortization		10,741		4,023		--		14,764
General and administrative expense		3,273		644		--		3,917
Segment operating income	$	24,545	$	10,959	$	--	$	35,504

Year Ended December 31, 2012	Cinema Exhibition		Real Estate		Intersegment Eliminations		Total
Revenue	$	234,703	$	27,256	$	(7,529)	$	254,430
Operating expense		198,040		11,163		(7,529)		201,674
Depreciation and amortization		11,154		4,441		--		15,595
General and administrative expense		2,598		718		--		3,316
Impairment expense		--		1,463		--		1,463
Segment operating income	$	22,911	$	9,471	$	--	$	32,382

Year Ended December 31, 2011	Cinema Exhibition		Real Estate		Intersegment Eliminations		Total
Revenue	$	225,849	$	26,562	$	(7,432)	$	244,979
Operating expense		189,647		10,190		(7,432)		192,405
Depreciation and amortization		11,842		4,444		--		16,286
General and administrative expense		2,740		646		--		3,386
Impairment expense		--		369		--		369
Segment operating income	$	21,620	$	10,913	$	--	$	32,533

Reconciliation to net income attributable
to Reading International, Inc. shareholders:		2013		2012		2011
Total segment operating income	$	35,504	$	32,382	$	32,533
Non-segment:
Depreciation and amortization expense		433		454		309
General and administrative expense		14,136		12,801		14,046
Operating income		20,935		19,127		18,178
Interest expense, net		(10,037)		(16,426)		(21,038)
Other income (loss)		1,876		(563)		1,157
Gain (loss) on sale of assets		(56)		144		(67)
Income tax benefit (expense)		(4,942)		(4,904)		12,330
Equity earnings (loss) of unconsolidated joint ventures and entities		1,369		1,621		(1,552)
Income (loss) from discontinued operations		--		(85)		232
Gain (loss) on sale of discontinued operation		--		(320)		1,656
Net income (loss)	$	9,145	$	(1,406)	$	10,896
Net (income) loss attributable to noncontrolling interests		(104)		492		(940)
Net income (loss) attributable to Reading International, Inc. common shareholders	$	9,041	$	(914)	$	9,956

		December 31,
Summary of assets:		2013		2012		2011
Segment  assets	$	347,637	$	408,667	$	414,608
Corporate assets		39,170		19,921		16,156
Total Assets	$	386,807	$	428,588	$	430,764

		December 31,
Summary of capital expenditures:		2013		2012		2011
Segment capital expenditures	$	19,910	$	13,390	$	8,419
Corporate capital expenditures		172		333		957
Total capital expenditures	$	20,082	$	13,723	$	9,376

The cinema results shown above include revenue and operating expense directly linked to our cinema assets.  The real estate results include rental income from our properties and live theater venues and operating expense directly linked to our property assets. 

The following table sets forth the book value of our operating property by geographical area (dollars in thousands):

		December 31,
		2013		2012
Australia	$	97,240	$	106,020
New Zealand		36,319		35,456
United States		58,101		61,302
Total operating property	$	191,660	$	202,778

The following table sets forth our revenue by geographical area (dollars in thousands):

		December 31,
		2013		2012		2011
Australia	$	100,399	$	108,320	$	110,742
New Zealand		26,310		24,608		22,247
United States		131,512		121,502		111,990
Total revenue	$	258,221	$	254,430	$	244,979