Non-controlling Interests

12 Months Ended

Dec. 31, 2017

Non-controlling Interests [Abstract]

Non-controlling Interests

NOTE 13 – NON-CONTROLLING INTERESTS

As of December 31, 2017, 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, 2017		December 31, 2016
Australian Country Cinemas, Pty Ltd	$	138	$	264
Shadow View Land and Farming, LLC		2,127		1,980
Sutton Hill Properties, LLC		2,066		2,174
Non-controlling interests in consolidated subsidiaries	$	4,331	$	4,418

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

(Dollars in thousands)	2017		2016		2015
Australian Country Cinemas, Pty Ltd	$	164	$	140	$	126
Shadow View Land and Farming, LLC		(45)		(58)		(77)
Sutton Hill Properties, LLC		(108)		(68)		(128)
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$	11	$	14	$	(79)

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 show their interest as a non-controlling interest.