Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Summary Of Significant Accounting Policies [Abstract]

Schedule Of Estimated Useful Lives Of Assets

Building and improvements	15 – 60 years
Leasehold improvements	Shorter of the lease term or useful life of the improvement
Theater equipment	7 years
Furniture and fixtures	3 – 10 years

Summary Of Currency Exchange Rates

	As of and for the year ended December 31, 2018	As of and for the year ended December 31, 2017	As of and for the year ended December 31, 2016
Spot Rate
Australian Dollar	0.7046	0.7815	0.7230
New Zealand Dollar	0.6711	0.7100	0.6958
Average Rate
Australian Dollar	0.7479	0.7670	0.7440
New Zealand Dollar	0.6930	0.7111	0.6973

Effect of the Adoption of ASC 2014-09 and 606 on Financial Statements

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of ASU 2014-09 Revenue from Contracts with Customers were as follows:

(Dollars in thousands)	Balance at December 31, 2017		Adjustments due to ASU 2014-09		Balance at January 1, 2018
Assets
Deferred income taxes	$	24,746	$	(161)	$	24,585
Liabilities
Deferred current revenue	$	9,850	$	(355)	$	9,495
Stockholders' Equity
Retained earnings	$	33,056	$	194	$	33,250

In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our consolidated income statement and balance sheet was as follows:

	Year Ended December 31, 2018
(Dollars in thousands)	As Reported, December 31, 2018		Balances Without Adoption of ASC 606		Effect of change Higher / (Lower)
Revenues
Cinema	$	294,177	$	293,970	$	207
Income tax expense		(3,420)		(3,356)		64
Net income	$	14,498	$	14,641	$	143

(Dollars in thousands)	As Reported, December 31, 2018		Balances Without Adoption of ASC 606		Effect of change Higher / (Lower)
Assets
Deferred income taxes	$	26,235	$	26,299	$	(64)
Liabilities
Deferred current revenue	$	9,264	$	9,471	$	(207)
Stockholders' Equity
Retained earnings	$	47,616	$	47,473	$	143

Accounting Changes To Financial Statements

Consolidated Statements of Income:

	Year Ended December 31, 2017						Year Ended December 31, 2016
(Dollars in thousands)	As Reported		Adjustment		As Revised		As Reported		Adjustment		As Revised
Real estate revenue	$	16,270		145		16,415	$	13,551		393		13,944
Total revenue		279,734		145		279,879		270,473		393		270,866
Operating income		20,561		145		20,706		20,311		393		20,704
Income before income taxes		34,347		145		34,492		13,437		393		13,830
Income tax expense		(3,337)		(43)		(3,380)		(4,020)		(118)		(4,138)
Net income		31,010		102		31,112		9,417		275		9,692
Net income attributable to Reading International, Inc. common shareholders		30,999		102		31,101		9,403		275		9,678
Basic earnings per share	$	1.35		—		1.35	$	0.40		0.02		0.42
Diluted earnings per share		1.33		0.01		1.34		0.40		0.01		0.41

Consolidated Balance Sheets:

	Summary of Equity
(Dollars in thousands)	As Reported		Adjustment		As Revised
Equity at January 1, 2016	$	138,951		—		138,951
Net income		9,403		275		9,678
Equity at December 31, 2016		146,615		275		146,890
Equity at January 1, 2017		146,615		275		146,890
Net income		30,999		102		31,101
Equity at December 31, 2017		181,241		377		181,618

	As at December 31, 2017
(Dollars in thousands)	As Reported		Adjustment		As Revised
Deferred tax assets	$	24,908		(162)		24,746
Other assets		4,543		539		5,082
Total assets		423,026		377		423,403
Retained earnings	$	32,679		377		33,056
Total stockholders' equity		181,241		377		181,618

Consolidated Statements of Cash Flows:

	Year Ended December 31, 2017						Year Ended December 31, 2016
(Dollars in thousands)	As Reported		Adjustment		As Revised		As Reported		Adjustment		As Revised
Net income	$	31,010		102		31,112	$	9,417		275		9,692
Change in net deferred tax assets		4,073		44		4,117		(5,060)		118		(4,942)
Prepaid and other assets		496		(146)		350		(599)		(393)		(992)
Net cash provided by operating activities		23,851		—		23,851		30,188		—		30,188