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Debt Schedule of Long-term Debt Instruments (Details)
$ in Thousands
 9 Months Ended 12 Months Ended
Jan. 02, 2018
USD ($)
properties
Sep. 27, 2017
USD ($)
Sep. 30, 2017
Dec. 31, 2018
USD ($)
properties
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Apr. 16, 2018
USD ($)
Feb. 28, 2018
USD ($)
May 23, 2017
USD ($)
Apr. 24, 2015
USD ($)
Debt Instrument [Line Items]                    
Extinguishment of Debt, Amount $ 11,700                  
Number of properties securing debt | properties 1                  
Interest rate 6.19%                  
Costs associated with loan refinancing or payoff       $ 31,958 $ 1,549 $ 905        
Long-term Debt, by Maturity [Abstract]                    
2019       0            
2020       0            
2021       0            
2022       380,000            
2023       675,000            
Thereafter       1,964,995            
Deferred financing costs, net       (33,941) (32,852)          
Total       2,986,054 3,028,827          
Interest Expense, Debt [Abstract]                    
Amortization of deferred financing costs       5,797 6,167 4,787        
Credit facility and letter of credit fees       2,411 2,005 1,873        
Interest costs capitalized       (9,904) (9,879) (10,697)        
Interest expense, net       135,507 133,124 97,144        
Segment, Continuing Operations [Member]                    
Interest Expense, Debt [Abstract]                    
Interest on loans and capital lease obligation       137,570 135,023 101,181        
Amortization of deferred financing costs       5,797 6,167 4,787        
Interest income       (367) (192) $ 0        
Unsecured term loan [Member]                    
Debt Instrument [Line Items]                    
Line of credit facility, maximum borrowing capacity   $ 400,000                
Line of credit facility, basis spread on variable rate   1.10%                
Line of Credit Facility, Fair Value of Amount Outstanding       50,000            
Term loan payable, due February 27, 2023 [Member]                    
Long-term Debt, by Maturity [Abstract]                    
Total [1]       400,000 400,000          
Mortgages [Member] | Mortgage note payable, 6.19%, prepaid in full on January 2, 2018 (1)                    
Long-term Debt, by Maturity [Abstract]                    
Total [2]       $ 0 11,684          
Mortgages [Member] | Mortgage note payable, 6.19%, prepaid in full on January 2, 2018 (1) | Theatre Properties Member                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       6.19%            
Mortgages [Member] | Unsecured revolving variable rate credit facility, LIBOR 1.00%, due February 27, 2022 (3)                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       1.00%            
Long-term Debt, by Maturity [Abstract]                    
Total [3]       $ 30,000 210,000          
Mortgages [Member] | Term loan payable, due February 27, 2023 [Member] | Theatre Properties Member                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       1.10%            
Line of Credit [Member] | Unsecured Revolving Variable Rate Credit Facility, Variable Rate, Due February 27, 2022 [Member]                    
Debt Instrument [Line Items]                    
Line of credit facility, current borrowing capacity   $ 650,000   $ 1,000,000            
Line of credit facility, maximum borrowing capacity       $ 1,000,000            
Line of credit facility, basis spread on variable rate   1.00% 1.25% 1.00%            
Debt Instrument, Interest Rate, Effective Percentage       3.50%            
Line of credit facility, amount outstanding       $ 30,000            
Line of Credit Facility, Remaining Borrowing Capacity       970,000            
Line of Credit Facility, Commitment Fee Percentage   0.20% 0.25%              
Costs associated with loan refinancing or payoff         19          
Line of Credit [Member] | Combined unsecured revolving credit and term loan facility [Member]                    
Debt Instrument [Line Items]                    
Line of credit facility, current borrowing capacity   $ 1,400,000                
Line of credit facility, maximum borrowing capacity       2,400,000            
Line of Credit [Member] | Senior unsecured notes payable, 7.75%, prepaid in full on February 28, 2018 [Member]                    
Long-term Debt, by Maturity [Abstract]                    
Total [4]       $ 0 250,000          
Line of Credit [Member] | Senior unsecured notes payable, 7.75%, prepaid in full on February 28, 2018 [Member] | Theatre Properties Member                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       7.75%            
Senior unsecured notes payable [Member]                    
Debt Instrument [Line Items]                    
Debt covenant, debt to adjusted total assets ratio, maximum       0.60            
Debt covenant, secured debt to adjusted total assets ratio, maximum       0.40            
Debt covenant, debt service coverage ratio, minimum       1.5            
Debt covenant, total unencumbered assets as a percent of outstanding unsecured debt, minimum       150.00%            
Senior unsecured notes payable [Member] | Senoir Unsecured Notes Payable, 7.75 Percent, Due July 15, 2020 [Member]                    
Debt Instrument [Line Items]                    
Debt initial balance               $ 250,000    
Senior unsecured notes, interest rate       7.75%       7.75%    
Costs associated with loan refinancing or payoff       $ 3,300            
Debt Instrument, Unamortized Premium               $ 28,600    
Debt Instrument, Increase, Accrued Interest       $ 2,300            
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 5.75%, due August 15, 2022 (4)                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       5.75%            
Long-term Debt, by Maturity [Abstract]                    
Total [5]       $ 350,000 350,000          
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 5.25%, due July 15, 2023 (4)                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       5.25%            
Long-term Debt, by Maturity [Abstract]                    
Total [5]       $ 275,000 275,000          
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 5.25%, due July 15, 2023 (4) | Theatre Properties Member                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       5.25%            
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 4.35%, due August 22, 2024 (6)                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       4.35%            
Long-term Debt, by Maturity [Abstract]                    
Total [6]       $ 148,000 148,000          
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 4.35%, due August 22, 2024 (6) | Theatre Properties Member                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       4.35%            
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 4.50%, due April 1, 2025 (4)                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       4.50%            
Long-term Debt, by Maturity [Abstract]                    
Total [5]       $ 300,000 300,000          
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 4.56%, due August 22, 2026 (6)                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       4.56%            
Long-term Debt, by Maturity [Abstract]                    
Total [6]       $ 192,000 192,000          
Senior unsecured notes payable [Member] | Senior unsecured notes payable, 4.75%, due December 15, 2026 (4)                    
Debt Instrument [Line Items]                    
Senior unsecured notes, interest rate       4.75%            
Long-term Debt, by Maturity [Abstract]                    
Total [5]       $ 450,000 450,000          
Senior unsecured notes payable [Member] | Senior Unsecured Notes Payable, 4.50 Percent, Due June 1, 2027 [Member]                    
Debt Instrument [Line Items]                    
Debt initial balance                 $ 450,000  
Senior unsecured notes, interest rate       4.50%         4.50%  
Senior unsecured notes, percent of principal amount issued                 0.99393  
Long-term Debt, by Maturity [Abstract]                    
Total [5],[7]       $ 450,000 450,000          
Senior unsecured notes payable [Member] | Senior Unsecured Notes Payable, 4.95 Percent, Due April 15, 2028 [Member]                    
Debt Instrument [Line Items]                    
Debt initial balance             $ 400,000      
Senior unsecured notes, interest rate       4.95%     4.95%      
Senior unsecured notes, percent of principal amount issued             0.98883      
Long-term Debt, by Maturity [Abstract]                    
Total [5],[8]       $ 400,000 0          
Unsecured term loan [Member] | Unsecured revolving variable rate credit facility, LIBOR 1.00%, due February 27, 2022 (3)                    
Debt Instrument [Line Items]                    
Line of credit facility, basis spread on variable rate       1.40%            
Costs associated with loan refinancing or payoff       $ 1,500            
Unsecured term loan [Member] | Term loan payable, due February 27, 2023 [Member]                    
Debt Instrument [Line Items]                    
Line of credit facility, current borrowing capacity       $ 400,000           $ 350,000
Line of credit facility, basis spread on variable rate       1.10%            
Debt Instrument, Interest Rate, Effective Percentage       3.48%            
Bond payable, variable rate [Member] | Bonds payable, variable rate, due August 1, 2047 (9)                    
Debt Instrument [Line Items]                    
Net book value of property       $ 20,500            
Debt Instrument, Interest Rate, Effective Percentage       2.50%            
Long-term Debt, by Maturity [Abstract]                    
Total [9]       $ 24,995 $ 24,995          
Bond payable, variable rate [Member] | Bonds payable, variable rate, due August 1, 2047 (9) | Theatre Properties Member                    
Debt Instrument [Line Items]                    
Number of properties securing debt | properties       3            
Maximum [Member] | Interest Rate Swap [Member]                    
Debt Instrument [Line Items]                    
Derivative, Notional Amount       $ 350,000            
interest rate swap 2.64percent [Member] [Member] | Maximum [Member] | Interest Rate Swap [Member]                    
Debt Instrument [Line Items]                    
Derivative, Fixed Interest Rate       2.71%            
interest rate swap 3.15percent [Member] | Maximum [Member] | Interest Rate Swap [Member]                    
Debt Instrument [Line Items]                    
Derivative, Notional Amount       $ 350,000            
interest rate swap 3.15percent [Member] | Minimum [Member] | Interest Rate Swap [Member]                    
Debt Instrument [Line Items]                    
Derivative, Notional Amount       $ 50,000            
Derivative, Fixed Interest Rate       3.15%            
[1] The Company's unsecured term loan payable bears interest at LIBOR plus 1.10%, which was 3.48% on December 31, 2018. Interest is payable monthly. On September 27, 2017, the Company amended its facility and its unsecured term loan facility. The amendments to the unsecured term loan portion of the combined facility, among other things, (i) increase the initial amount from $350.0 million to $400.0 million, (ii) extend the maturity date from April 24, 2020 to February 27, 2023 and (iii) lower the interest rate on a grid related to the Company's senior unsecured credit ratings which at closing was LIBOR plus 1.10% versus LIBOR plus 1.40% under previous terms. In connection with the amendment, $1.5 million of deferred financing costs (net of accumulated depreciation) were written off during the year ended December 31, 2017 and are included in costs associated with loan refinancing. At closing, the Company borrowed the remaining $50.0 million available on the $400.0 million term loan portion of the combined facility, which was used to pay down a portion of the facility. In addition, there is a $1.0 billion accordion feature on the combined facility that increases the maximum borrowing amount available, subject to lender approval, from $1.4 billion to $2.4 billion. If the Company exercises all or any portion of the accordion feature, the resulting increase in the combined facility may have a shorter or longer maturity date and different pricing terms. The combined facility contains financial covenants or restrictions that limit the Company's levels of consolidated debt, secured debt, investment levels outside certain categories and dividend distributions, and require the Company to maintain a minimum consolidated tangible net worth and meet certain coverage levels for fixed charges and debt service.
[2] On January 2, 2018, the Company prepaid in full this mortgage note payable totaling $11.7 million with an annual interest rate of 6.19%, which was secured by one theatre property.
[3] The Company's unsecured revolving credit facility (the facility) bears interest at LIBOR plus 1.00%, which was 3.50% on December 31, 2018. Interest is payable monthly. On September 27, 2017, the Company amended its facility and its unsecured term loan facility. The amendments to the unsecured revolving portion of the credit facility, among other things, (i) increase the initial maximum available amount from $650.0 million to $1.0 billion, (ii) extend the maturity date from April 24, 2019, to February 27, 2022 (with the Company having the right to extend the loan for an additional seven months) and (iii) lower the interest rate and facility fee pricing based on a grid related to the Company's senior unsecured credit ratings which at closing was LIBOR plus 1.00% and 0.20%, versus LIBOR plus 1.25% and 0.25%, respectively, under the previous terms. In connection with the amendment, $19 thousand of deferred financing costs (net of accumulated amortization) were written off during the year ended December 31, 2017 and are included in costs associated with loan refinancing. As of December 31, 2018, the Company had $30.0 million outstanding under the facility and total availability under the facility was $970.0 million. In addition, there is a $1.0 billion accordion feature on the combined unsecured revolving credit and term loan facility (the combined facility) that increases the maximum borrowing amount available under the combined facility, subject to lender approval, from $1.4 billion to $2.4 billion. If the Company exercises all or any portion of the accordion feature, the resulting increase in the combined facility may have a shorter or longer maturity date and different pricing terms. The combined facility contains financial covenants or restrictions that limit the Company's levels of consolidated debt, secured debt, investment levels outside certain categories and dividend distributions, and require the Company to maintain a minimum consolidated tangible net worth and meet certain coverage levels for fixed charges and debt service. In connection with the amendment to the unsecured consolidated credit agreement, the obligations of the Company’s subsidiaries that were co-borrowers under the Company’s prior senior unsecured revolving credit and term loan facility were released. As a result, simultaneously with the amendment, the guarantees by the Company’s subsidiaries that were guarantors with respect to the Company’s outstanding 4.50% Senior Notes due 2027, 4.75% Senior Notes due 2026, 4.50% Senior Notes due 2025, 5.25% Senior Notes due 2023, 5.75% Senior Notes due 2022, and 7.75% Senior Notes due 2020 were released in accordance with the terms of the applicable indentures governing such notes.
[4] On February 28, 2018, the Company redeemed all of its outstanding 7.75% Senior Notes due July 15, 2020. The notes were redeemed at a price equal to the principal amount of $250.0 million plus a premium calculated pursuant to the terms of the indenture of $28.6 million, together with accrued and unpaid interest up to, but not including the redemption date of $2.3 million. In connection with the redemption, the Company recorded a non-cash write off of $3.3 million in deferred financing costs. The premium and non-cash write off were recognized as costs associated with loan refinancing or payoff in the accompanying consolidated statements of income for the year ended December 31, 2018.
[5] These notes contain various covenants, including: (i) a limitation on incurrence of any debt which would cause the ratio of the Company’s debt to adjusted total assets to exceed 60%; (ii) a limitation on incurrence of any secured debt which would cause the ratio of the Company’s secured debt to adjusted total assets to exceed 40%; (iii) a limitation on incurrence of any debt which would cause the Company’s debt service coverage ratio to be less than 1.5 times; and (iv) the maintenance at all times of the Company's total unencumbered assets such that they are not less than 150% of the Company’s outstanding unsecured debt.
[6] In connection with the amendment to the unsecured consolidated credit agreement on September 27, 2017, the guarantees by the Company’s subsidiaries that were guarantors of the Company’s outstanding 4.35% Series A Guaranteed Senior Notes due August 22, 2024 and 4.56% Series B Guaranteed Senior Notes due August 22, 2026 (referred to herein as the "private placement notes") were also released. The foregoing release was affected by the Company entering into an amendment to the Note Purchase Agreement, dated as of September 27, 2017. The amendment to the private placement notes releases the Company’s subsidiary guarantors as described above and among other things: (i) amends certain financial and other covenants and provisions in the Note Purchase Agreement to conform generally to the corresponding covenants and provisions contained in the amended unsecured consolidated credit agreement; (ii) provides the investors thereunder certain additional guaranty and lien rights, in the event that certain subsequent events occur; (iii) expands the scope of the “most favored lender” covenant contained in the Note Purchase Agreement; and (iv) imposes restrictions on debt that can be incurred by certain subsidiaries of the Company.
[7] On May 23, 2017, the Company issued $450.0 million in aggregate principal amount of senior notes due on June 1, 2027 pursuant to an underwritten public offering. The notes bear interest at an annual rate of 4.50%. Interest is payable on June 1 and December 1 of each year beginning on December 1, 2017 until the stated maturity date of June 1, 2027. The notes were issued at 99.393% of their face value.
[8] On April 16, 2018, the Company issued $400.0 million in aggregate principal amount of senior notes due April 15, 2028, pursuant to an underwritten public offering. The notes bear interest at an annual rate of 4.95%. Interest is payable on April 15 and October 15 of each year beginning on October 15, 2018 until the stated maturity date of April 15, 2028. The notes were issued at 98.883% of their face value and are unsecured. Net proceeds from the note offering of $391.8 million were used to pay down the facility.
[9] On August 30, 2017, the Company refinanced its variable-rate bonds payable. The maturity date was extended from October 1, 2037 to August 1, 2047 and the outstanding principal balance and interest rate were not changed. These bonds are secured by three theatres, which had a net book value of approximately $20.5 million at December 31, 2018, and bear interest at a variable rate which resets on a weekly basis and was 2.50% at December 31, 2018. The bonds require monthly interest only payments with principal due at maturity.