Non-controlling Interests

12 Months Ended

Dec. 31, 2025

Non-controlling Interests [Abstract]

Non-controlling Interests

NOTE 16 – NON-CONTROLLING INTERESTS

As of December 31, 2025, 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 Group International Pty.;

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,

The components of non-controlling interest are as follows:

	December 31,
(Dollars in thousands)	2025		2024
Australian Country Cinemas, Pty Ltd	$	143	$	128
Shadow View Land and Farming, LLC		(2)		(2)
Sutton Hill Properties, LLC		—		(552)
Non-controlling interests in consolidated subsidiaries	$	141	$	(426)

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

(Dollars in thousands)	2025		2024		2023
Australian Country Cinemas, Pty Ltd	$	62	$	61	$	51
Shadow View Land and Farming, LLC		—		—		1
Sutton Hill Properties, LLC		(574)		(658)		(564)
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$	(512)	$	(597)	$	(512)

Sutton Hill Properties, LLC

In December 2025, we acquired the 25% interest in Sutton Hill Properties that we did not already own via the acquisition of Sutton Hill Associates. See Note 21 – Related Parties.

Shadow View Land and Farming, LLC

On March 5, 2021, Shadow View Land and Farming, LLC, sold its only asset, being certain land holdings in Coachella, California, for $11.0 million and is currently in the process of winding up and liquidating.