Non-controlling Interests

12 Months Ended

Dec. 31, 2016

Non-controlling Interests [Abstract]

Non-controlling Interests

NOTE 13 – Non-controlling interests

As of December 31, 2016, the non-controlling interests in our consolidated subsidiaries are comprised of the following:

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

· Shadow View Land and Farming, LLC -- 50% non-controlling membership interest owned by either the estate of Mr. James J. Cotter, Sr. (the “Cotter Estate”) or the James J. Cotter Sr. Living Trust (the “Cotter Trust”); and,

· Sutton Hill Properties, LLC -- 25% non-controlling interest owned by Sutton Hill Capital, LLC (which in turn is 50% owned by the Cotter Estate and/or the Cotter Trust).

The components of non-controlling interest are as follows:

(Dollars in thousands)	December 31, 2016		December 31, 2015
Australian Country Cinemas, Pty Ltd		264		318
Shadow View Land and Farming, LLC		1,980		1,940
Sutton Hill Properties, LLC		2,174		2,073
Non-controlling interests in consolidated subsidiaries	$	4,418	$	4,331

The components of income/(loss) attributable to non-controlling interests are as follows:

(Dollars in thousands)	2016		2015		2014
Australian Country Cinemas, Pty Ltd		140		126		143
Shadow View Land and Farming, LLC		(58)		(77)		(64)
Sutton Hill Properties, LLC		(68)		(128)		(136)
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$	14	$	(79)	$	(57)

Shadow View Land and Farming, LLC

This land is held in Shadow View Land and Farming, LLC, in which the Cotter Estate or the Cotter Trust now owns a 50% interest.  We are the managing member of Shadow View Land and Farming, LLC. We consolidate the Cotter Estate’s and/or the Cotter Trust’s interest in the property and its expenses with that of our interest and showtheir interest as a non-controlling interest.