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Description Of Business And Segment Reporting | 3 Months Ended
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Mar. 31, 2018
Description Of Business And Segment Reporting [Abstract] |
Description Of Business And Segment Reporting | Note 1 – Description of Business and Segment Reporting The Company Reading International, Inc., a Nevada corporation (“RDI” and collectively with our consolidated subsidiaries and corporate predecessors, the “Company,” “Reading” and “we,” “us,” or “our”), was incorporated in 1999. Our businesses consist primarily of:
| · |  | the development, lease or ownership, and operation of multiplex cinemas in the United States, Australia, and New Zealand; and,
| · |  | the development, ownership, and operation of retail and commercial real estate in Australia, New Zealand, and the United States.
﻿ Business Segments Reported below are the operating segments of the Company for which separate financial information is available and evaluated regularly by the Chief Executive Officer, the chief operating decision-maker of the Company. As part of our real estate activities, we hold undeveloped land in urban and suburban centers in New Zealand and the United States. ﻿ The table below summarizes the results of operations for each of our business segments for the quarter ended March 31, 2018 and 2017, respectively. Operating expense includes costs associated with the day-to-day operations of the cinemas and the management of rental properties, including our live theater assets. ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  | Three Months Ended
﻿(Dollars in thousands) |  | March 31, 2018 |  | March 31, 2017
﻿Revenue: |  |  |  |  |  |
﻿ Cinema exhibition |  | $ | 72,255 |  | $ | 66,560
﻿ Real estate |  |  | 5,958 |  |  | 4,497
﻿ Inter-segment elimination |  |  | (2,391) |  |  | (1,603)
﻿ |  | $ | 75,822 |  | $ | 69,454
﻿Segment operating income: |  |  |  |  |  |
﻿ Cinema exhibition |  | $ | 10,285 |  | $ | 9,093
﻿ Real estate |  |  | 1,631 |  |  | 1,294
﻿ |  | $ | 11,916 |  | $ | 10,387
﻿ A reconciliation of segment operating income to income before income taxes is as follows: ﻿
﻿ |  |  |  |  |  |
﻿ |  | Three Months Ended
﻿(Dollars in thousands) |  | March 31, 2018 |  | March 31, 2017
﻿Segment operating income |  | $ | 11,916 |  | $ | 10,387
﻿Unallocated corporate expense |  |  |  |  |  |
﻿ Depreciation and amortization expense |  |  | (117) |  |  | (106)
﻿ General and administrative expense |  |  | (6,156) |  |  | (4,753)
﻿ Interest expense, net |  |  | (1,594) |  |  | (1,860)
﻿Equity earnings of unconsolidated joint ventures |  |  | 257 |  |  | 255
﻿Other income (expense) |  |  | (82) |  |  | 821
﻿Income before income tax expense |  | $ | 4,224 |  | $ | 4,744

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- Definition Description Of Business And Segment Reporting + References No definition available. + Details
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- Definition The disclosure of the nature of an entity's business and the reporting segments. + References No definition available. + Details
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