Non-controlling Interests

12 Months Ended

Dec. 31, 2018

Non-controlling Interests [Abstract]

Non-controlling Interests

NOTE 13 – NON-CONTROLLING INTERESTS

As of December 31, 2018, 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:

	December 31,
(Dollars in thousands)	2018		2017
Australian Country Cinemas, Pty Ltd	$	89	$	138
Shadow View Land and Farming, LLC		2,153		2,127
Sutton Hill Properties, LLC		2,095		2,066
Non-controlling interests in consolidated subsidiaries	$	4,337	$	4,331

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

(Dollars in thousands)	2018		2017		2016
Australian Country Cinemas, Pty Ltd	$	157	$	164	$	140
Shadow View Land and Farming, LLC		(56)		(45)		(58)
Sutton Hill Properties, LLC		31		(108)		(68)
Net income attributable to non-controlling interests in consolidated subsidiaries	$	132	$	11	$	14

Shadow View Land and Farming, LLC

Our Coachella Valley 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.