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FOREIGN CURRENCY TRANSLATION | 12 Months Ended
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Dec. 31, 2012
FOREIGN CURRENCY TRANSLATION |
16. | FOREIGN CURRENCY TRANSLATION
The accumulated other comprehensive loss account in stockholders’ equity of $23,682 and $37,698 at December 31, 2011 and 2012, respectively, includes the cumulative foreign currency losses of $11,325 and $31,330, respectively, from translating the financial statements of the Company’s international subsidiaries, the change in fair values of the Company’s interest rate swap agreements that are designated as hedges and the change in fair value of the Company’s available-for-sale securities. All foreign countries where the Company has operations are non-highly inflationary and the local currency is the same as the functional currency in all of the locations. Thus, any fluctuation in the currency results in a cumulative foreign currency translation adjustment recorded to accumulated other comprehensive loss. Below is a summary of the impact of translating the December 31, 2012 financial statements of certain of the Company’s international subsidiaries:
Country |  | Exchange Rate as of |  |  | Total Assets at December 31, 2012 |  |  | Other Comprehensive Income (Loss) For Year Ended December 31, 2012 |
| December 31, 2012 |  |  | December 31, 2011 |  |  |
Brazil |  |  | 2.05 |  |  |  | 1.87 |  |  | $ | 348,405 |  |  | $ | (21,690 | )
Mexico |  |  | 13.02 |  |  |  | 14.00 |  |  | $ | 137,705 |  |  |  | 6,601 |
Argentina |  |  | 4.91 |  |  |  | 4.31 |  |  | $ | 133,152 |  |  |  | (12,926 | )
Colombia |  |  | 1,768.23 |  |  |  | 1,950.0 |  |  | $ | 46,898 |  |  |  | 2,790 |
Chile |  |  | 479.8 |  |  |  | 520.7 |  |  | $ | 49,749 |  |  |  | 2,958 |
All other |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,262 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (20,005 | )
Below is a summary of the impact of translating the December 31, 2011 financial statements of certain of the Company’s international subsidiaries:
|  | Exchange Rate as of |  |  | Total Assets at December 31, 2011 |  |  | Other Comprehensive Income (Loss) For Year Ended December 31, 2011 |
Country |  | December 31, 2011 |  |  | December 31, 2010 |  |  |
Brazil |  |  | 1.87 |  |  |  | 1.67 |  |  | $ | 327,679 |  |  | $ | (28,000 | )
Mexico |  |  | 14.00 |  |  |  | 12.39 |  |  | $ | 121,935 |  |  |  | (11,818 | )
Argentina |  |  | 4.31 |  |  |  | 3.98 |  |  | $ | 128,524 |  |  |  | (4,196 | )
Colombia |  |  | 1,950.0 |  |  |  | 1,950.0 |  |  | $ | 34,568 |  |  |  | 153 |
Chile |  |  | 520.7 |  |  |  | 473.2 |  |  | $ | 40,084 |  |  |  | (3,324 | )
All other |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,127 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (46,058 | )
During May 2011, the Company’s ownership in its Chilean subsidiary increased from 97.4% to 100% as a result of the Company’s purchase of the noncontrolling interests’ shares of Cinemark Chile. As part of this transaction, the Company recorded the amount of accumulated other comprehensive loss previously allocated to the noncontrolling interest of $485, related to the translation of the Chilean financial statements into U.S. dollars, as an increase to accumulated other comprehensive loss with an offsetting decrease to additional paid-in-capital. See Note 9.

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- Definition The entire disclosure for foreign currency transactions and translation. This may include description of foreign currency transactions, foreign currency gains and losses, explanation of change in cumulative translation adjustment, description of effect of subsequent foreign currency exchange rate change, cumulative translation adjustment movement, foreign currency translation adjustment by component movement, translation adjustment for net investment hedge movement, adjustment for long-term intercompany transactions, schedule of long-term intercompany balances and any other foreign currency transactions and translation related items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32618-110901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6450222&loc=d3e30857-110895 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450189&loc=d3e30690-110894 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32157-110900 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 52 -Paragraph 30, 31, 32 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6450189&loc=d3e30700-110894 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450222&loc=d3e30840-110895 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32211-110900 + Details
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