Noncontrolling Interests

9 Months Ended

Sep. 30, 2015

Note 13 – 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:


	September 30,		December 31,
(Dollars in thousands)	2015		2014
Australian Country Cinemas, Pty Ltd	$	344	$	410
Shadow View Land and Farming, LLC		1,952		2,000
Sutton Hill Properties, LLC		2,075		2,202
Noncontrolling interests in consolidated subsidiaries	$	4,371	$	4,612

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


	Quarter Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
(Dollars in thousands)	2015		2014		2015		2014
Australian Country Cinemas, Pty Ltd	$	1	$	56	$	131	$	128
Shadow View Land and Farming, LLC		(9)		(22)		(66)		(49)
Sutton Hill Properties, LLC		(46)		(34)		(125)		(102)
Net income (loss) attributable to noncontrolling interest	$	(54)	$	--	$	(60)	$	(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)		19,496		(60)		19,436
Increase in additional paid in capital		2,242		--		2,242
Treasury stock purchased		(4,942)		--		(4,942)
Contributions from noncontrolling stockholders - SHP		--		17		17
Distributions to noncontrolling stockholders		--		(139)		(139)
Accumulated other comprehensive loss		(27,675)		(59)		(27,734)
Equity at – September 30, 2015	$	116,807	$	4,371	$	121,178


(Dollars in thousands)		Controlling Stockholders’ Equity		Noncontrolling Stockholders’ Equity		Total Stockholders’ Equity
Equity at – January 1, 2014	$	117,140	$	4,607	$	121,747
Net income (loss)		8,481		(23)		8,458
Increase in additional paid in capital		1,062		--		1,062
Treasury stock purchased		(2,342)		--		(2,342)
Contributions from noncontrolling stockholders - SHP		--		327		327
Distributions to noncontrolling stockholders		--		(101)		(101)
Accumulated other comprehensive loss		(3,957)		(14)		(3,971)
Equity at – September 30, 2014	$	120,385	$	4,796	$	125,180