XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.23.2

LEASES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
LEASES |
Schedule of components of lease revenues | The components of lease revenues are as follows (amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Fixed lease revenues | ​ | $ | 18,929 | ​ | $ | 18,405 | ​ | $ | 38,287 | ​ | $ | 36,746
Variable lease revenues | ​ | ​ | 3,248 | ​ | ​ | 2,860 | ​ | ​ | 6,618 | ​ | ​ | 5,861
Lease revenues (a) | ​ | $ | 22,177 | ​ | $ | 21,265 | ​ | $ | 44,905 | ​ | $ | 42,607
(a) | Excludes $230 and $454 of amortization related to lease intangible assets and liabilities for the three and six months ended June 30, 2023, respectively, and $207 and $396 for the three and six months ended June 30, 2022, respectively.
Schedule of minimum future contractual rents to be received | As of June 30, 2023, the minimum future contractual rents to be received on non-cancellable operating leases are included in the table below (amounts in thousands). The minimum future contractual rents include $8,248,000 of rent related to Regal Cinemas (based on modified leases that became effective July 31, 2023) and does not include (i) straight-line rent or amortization of lease intangibles or incentives and (ii) variable lease payments as described above.
​ | ​ | ​ | ​
From July 1 – December 31, 2023 | ​ | $ | 36,149
For the year ending December 31, | ​ | ​ | ​
2024 | ​ | ​ | 67,157
2025 | ​ | ​ | 63,027
2026 | ​ | ​ | 58,967
2027 | ​ | ​ | 50,584
2028 | ​ | ​ | 40,517
Thereafter | ​ | ​ | 129,304
Total | ​ | $ | 445,705
​
Schedule of minimum future lease payments | As of June 30, 2023, the minimum future lease payments related to these operating leases are as follows (amounts in thousands):
​ | ​ | ​ | ​
From July 1 – December 31, 2023 | ​ | $ | 254
For the year ending December 31, | ​ | ​ | ​
2024 | ​ | ​ | 557
2025 | ​ | ​ | 626
2026 | ​ |  | 627
2027 | ​ |  | 629
2028 | ​ |  | 630
Thereafter | ​ |  | 4,960
Total undiscounted cash flows | ​ | $ | 8,283
Present value discount | ​ |  | (1,508)
Lease liability | ​ | $ | 6,775

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-12 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482964/270-10-50-6A + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration