XML 77 R65.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt (Summary Of Notes Payable) (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 26, 2017
Dec. 29, 2016
Dec. 13, 2016
Mar. 03, 2016
Jun. 30, 2018
Dec. 31, 2017
Debt Instrument [Line Items]            
Contractual facility         $ 270,746,000 $ 271,732,000
Balance Gross         161,763,000 134,501,000
Balance Net         158,267,000 [1] 130,525,000 [2]
Deferred financing costs, net         $ 3,500,000 $ 4,000,000
Trust Preferred Securities [Member]            
Debt Instrument [Line Items]            
Maturity date         Apr. 30, 2027 Apr. 30, 2027
Contractual facility         $ 27,913,000 $ 27,913,000
Balance Gross         27,913,000 27,913,000
Balance Net         $ 27,574,000 [1] $ 27,554,000 [2]
Stated interest rate         6.36% 5.38%
Effective interest rate         6.36% [3] 5.38% [4]
US Bank Of America Credit Facility [Member]            
Debt Instrument [Line Items]            
Maturity date         Nov. 28, 2019 Nov. 28, 2019
Contractual facility       $ 55,000,000 $ 55,000,000 $ 55,000,000
Balance Gross         31,000,000 31,000,000
Balance Net         $ 31,000,000 [1] $ 31,000,000 [2]
Stated interest rate         5.09% 4.57%
Effective interest rate         5.09% [3] 4.57% [4]
US Bank Of America Line Of Credit [Member]            
Debt Instrument [Line Items]            
Maturity date         Oct. 31, 2019 Oct. 31, 2019
Contractual facility         $ 5,000,000 $ 5,000,000
Stated interest rate         5.08% 4.57%
Effective interest rate         5.08% [3] 4.57% [4]
US Bank Of America Digital Projector Loan [Member]            
Debt Instrument [Line Items]            
Maturity date         Dec. 28, 2019  
Contractual facility         $ 3,830,000  
Balance Gross         3,830,000  
Balance Net [1]         $ 3,830,000  
Stated interest rate         5.00%  
Effective interest rate [3]         5.00%  
US Cinema 1, 2, 3 Term Loan [Member]            
Debt Instrument [Line Items]            
Maturity date         Sep. 01, 2019 [5] Sep. 01, 2019 [6]
Contractual facility         $ 19,294,000 [5] $ 19,500,000 [6]
Balance Gross         19,294,000 [5] 19,500,000 [6]
Balance Net         $ 18,975,000 [1],[5] $ 19,105,000 [2],[6]
Stated interest rate         3.25% [5] 3.25% [6]
Effective interest rate         3.25% [3],[5] 3.25% [4],[6]
Minetta And Orpheum Theatres Loan [Member]            
Debt Instrument [Line Items]            
Maturity date         Nov. 01, 2018 [5] Jun. 01, 2018 [6]
Contractual facility         $ 7,500,000 [5] $ 7,500,000 [6]
Balance Gross         7,500,000 [5] 7,500,000 [6]
Balance Net         $ 7,476,000 [1],[5] $ 7,470,000 [2],[6]
Stated interest rate         4.75% [5] 4.13% [6]
Effective interest rate         4.75% [3],[5] 4.13% [4],[6]
U.S. Corporate Office Term Loan [Member]            
Debt Instrument [Line Items]            
Maturity date         Jan. 01, 2027 [5] Jan. 01, 2027 [6]
Contractual facility     $ 8,400,000   $ 9,609,000 [5] $ 9,719,000 [6]
Balance Gross         9,609,000 [5] 9,719,000 [6]
Balance Net         $ 9,479,000 [1],[5] $ 9,582,000 [2],[6]
Effective interest rate         4.61% [3],[5] 4.61% [4],[6]
Debt increase $ 1,500,000          
Additional amount borrowed           $ 0
Union Square Construction Financing [Member]            
Debt Instrument [Line Items]            
Maturity date         Dec. 29, 2019 [5] Dec. 29, 2019 [6]
Contractual facility   $ 57,500,000     $ 57,500,000 [5] $ 57,500,000 [6]
Balance Gross         19,888,000 [5] 8,000,000 [6]
Balance Net         $ 17,263,000 [1],[5] $ 5,033,000 [2],[6]
Stated interest rate [6]           5.81%
Effective interest rate         8.52% [3],[5] 5.81% [4],[6]
Additional amount borrowed         $ 11,900,000  
NAB Corporate Term Loan [Member]            
Debt Instrument [Line Items]            
Maturity date [7]         Dec. 31, 2019  
Contractual facility [7]         $ 49,203,000  
Balance Gross [7]         42,729,000  
Balance Net [1],[7]         $ 42,670,000  
Stated interest rate [7]         3.02%  
Effective interest rate [3],[7]         3.02%  
NAB Corporate Loan Facility [Member]            
Debt Instrument [Line Items]            
Maturity date [8]           Jun. 30, 2019
Contractual facility [8]           $ 51,970,000
Balance Gross [8]           30,869,000
Balance Net [2],[8]           $ 30,781,000
Stated interest rate [8]           3.66%
Effective interest rate [4],[8]           3.66%
Westpac Bank Corporate (General/Non-construction) Credit Facility [Member]            
Debt Instrument [Line Items]            
Maturity date         Dec. 31, 2019 [7] Dec. 31, 2019 [8]
Contractual facility         $ 23,706,000 [7] $ 24,850,000 [8]
Stated interest rate         3.70% [7] 3.70% [8]
Effective interest rate         3.70% [3],[7] 3.70% [4],[8]
Westpac Bank Corporate (Construction) Credit Facility [Member]            
Debt Instrument [Line Items]            
Maturity date         Dec. 31, 2018 [7] Dec. 31, 2018 [8]
Contractual facility         $ 12,191,000 [7] $ 12,780,000 [8]
Stated interest rate         3.70% [7] 3.70% [8]
Effective interest rate         3.70% [3],[7] 3.70% [4],[8]
Minimum [Member] | U.S. Corporate Office Term Loan [Member]            
Debt Instrument [Line Items]            
Stated interest rate         4.44% 4.44%
Minimum [Member] | Union Square Construction Financing [Member]            
Debt Instrument [Line Items]            
Stated interest rate         6.06%  
Maximum [Member] | U.S. Corporate Office Term Loan [Member]            
Debt Instrument [Line Items]            
Stated interest rate         4.64% 4.64%
Maximum [Member] | Union Square Construction Financing [Member]            
Debt Instrument [Line Items]            
Stated interest rate         12.10%  
[1] Net of deferred financing costs amounting to $3.5 million.
[2] Net of deferred financing costs amounting to $4.0 million.
[3] Both interest rate derivatives associated with the Trust Preferred Securities and Bank of America Credit Facility expired in October 2017 so the effective interest rate no longer applies as of June 30, 2018.
[4] Both interest rate derivatives associated with the Trust Preferred Securities and Bank of America Credit Facility expired in October 2017 so the effective interest rate no longer applies as of December 31, 2017.
[5] The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance Inc. The loan for our Minetta and Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of June 30, 2018 an additional $11.9 million had been advanced.
[6] The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.
[7] The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of June 30, 2018.
[8] The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2017.