Noncontrolling Interests

6 Months Ended

Jun. 30, 2015

Note 14 – Non-controlling interests

These are composed of the following enterprises:

Australia Country Cinemas Pty Ltd. -- 25% noncontrolling interest owned by Panorama Cinemas for the 21st Century Pty Ltd.;

Shadow View Land and Farming, LLC -- 50% noncontrolling membership interest owned by the estate of Mr. James J. Cotter, Sr.; and

Sutton Hill Properties, LLC -- 25% noncontrolling interest owned by Sutton Hill Capital, LLC.

The components of noncontrolling interests are as follows (dollars in thousands):



		June 30,		December 31,
		2015		2014
Australian Country Cinemas, Pty Ltd	$	422	$	410
Shadow View Land and Farming, LLC		1,960		2,000
Sutton Hill Properties, LLC		2,122		2,202
Noncontrolling interests in consolidated subsidiaries	$	4,504	$	4,612

The components of income (loss) attributable to noncontrolling interests are as follows (dollars in thousands):



		Quarter Ended				Six Months Ended
		June 30,		June 30,		June 30,		June 30,
		2015		2014		2015		2014
Australian Country Cinemas, Pty Ltd	$	112	$	66	$	130	$	72
Shadow View Land and Farming, LLC		(45)		(9)		(57)		(28)
Sutton Hill Properties, LLC		(58)		(42)		(80)		(67)
Net income (loss) attributable to noncontrolling interest	$	9	$	15	$	(7)	$	(23)

Summary of Controlling and Noncontrolling Stockholders’ Equity

A summary of the changes in controlling and noncontrolling stockholders’ equity is as follows (dollars in thousands):



		Controlling Stockholders’ Equity		Noncontrolling Stockholders’ Equity		Total Stockholders’ Equity
Equity at – January 1, 2015	$	127,686	$	4,612	$	132,298
Net income (loss)		19,115		(7)		19,108
Increase in additional paid in capital		1,153		--		1,153
Treasury stock purchased		(3,795)		--		(3,795)
Contributions from noncontrolling stockholders - SHP		--		17		17
Distributions to noncontrolling stockholders		--		(96)		(96)
Sale of noncontrolling interest		--		--		--
Accumulated other comprehensive loss		(13,944)		(22)		(13,966)
Equity at – June 30, 2015	$	130,215	$	4,504	$	134,719


		Controlling Stockholders’ Equity		Noncontrolling Stockholders’ Equity		Total Stockholders’ Equity
Equity at – January 1, 2014	$	117,140	$	4,607	$	121,747
Net income (loss)		4,542		(23)		4,519
Increase in additional paid in capital		565		--		565
Treasury stock purchased		(1,795)		--		(1,795)
Contributions from noncontrolling stockholders - SHP		--		125		125
Distributions to noncontrolling stockholders		--		(101)		(101)
Accumulated other comprehensive income		10,557		28		10,585
Equity at – June 30, 2014	$	131,009	$	4,636	$	135,645