NOTE 6—THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS

A rollforward of reserves for theatre and other closure and disposition of assets is as follows:

	Nine Months Ended

(In thousands)	Nine Months Ended September 30, 2013			From Inception August 31, 2012 through September 27, 2012			December 30, 2011 through August 30, 2012
	(Successor)			(Successor)			(Predecessor)
Beginning balance	$	61,344		$	62,935		$	66,497
Theatre and other closure expense—continuing operations		4,489			434			5,953
Theatre and other closure expense—discontinued operations		—			—			7,562
Transfer of assets and liabilities		(55	)		—			(456	)
Foreign currency translation adjustment		(322	)		648			683
Cash payments		(8,947	)		(871	)		(17,304	)

Ending balance	$	56,509		$	63,146		$	62,935

Theatre and other closure expense was primarily due to accretion on previously closed properties with remaining lease obligations during the nine month Successor period ended September 30, 2013 and the period of August 31, 2012 through September 27, 2012. During the Predecessor period of December 30, 2011 through August 30, 2012, theatre and other closure expense of $5,953,000 was primarily due to accretion on previously closed properties with remaining lease obligations and an early termination of a lease agreement. In addition, the Company closed one theatre with 20 screens located in Canada and paid the landlord $7,562,000 to terminate the lease agreement during the Predecessor period. During the three months ended September 30, 2013, the period August 31, 2012 through September 27, 2012, and the period June 29, 2012 through August 30, 2012, the Company recognized theatre and other closure expense of $1,469,000, $434,000, and $764,000, respectively. During the nine months ended September 30, 2013, the period August 31, 2012 through September 27, 2012, and the period December 30, 2011 through August 30, 2012, the Company recognized theatre and other closure expense from continuing operations of $4,489,000, $434,000, and $5,953,000, respectively.

Theatre and other closure reserves for leases that have not been terminated are recorded at the present value of the future contractual commitments for the base rents, taxes and maintenance.