XML 29 R14.htm IDEA: XBRL DOCUMENT
v3.21.1

Goodwill And Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2021
Goodwill And Intangible Assets [Abstract] |
Goodwill And Intangible Assets | Note 8 – Goodwill and Intangible Assets The table below summarizes goodwill by business segment as of March 31, 2021 and December 31, 2020.
(Dollars in thousands) |  | Cinema |  | Real Estate |  | Total
Balance at December 31, 2020 |  | $ | 22,892 |  | $ | 5,224 |  | $ | 28,116
Foreign currency translation adjustment |  |  | (667) |  |  | — |  |  | (667)
Balance at March 31, 2021 |  | $ | 22,225 |  | $ | 5,224 |  | $ | 27,449
Our Company is required to test goodwill and other intangible assets for impairment on an annual basis and, if current events or circumstances require, on an interim basis. Our next annual evaluation of goodwill and other intangible assets is scheduled during the fourth quarter of 2021. To test the impairment of goodwill, our Company compares the fair value of each reporting unit to its carrying amount, including the goodwill, to determine if there is potential goodwill impairment. A reporting unit is generally one level below the operating segment. As of March 31, 2021, we were not aware that any events indicating potential impairment of goodwill had occurred outside of those described at Note 3 – Impact of COVID-19 Pandemic and Liquidity. The tables below summarize intangible assets other than goodwill, as of March 31, 2021 and December 31, 2020, respectively.
|  | As of March 31, 2021
(Dollars in thousands) |  | Beneficial ‎Leases |  | Trade ‎Name |  | Other ‎Intangible ‎Assets |  | Total
Gross carrying amount |  | $ | 12,426 |  | $ | 9,058 |  | $ | 5,027 |  | $ | 26,511
Less: Accumulated amortization |  |  | (10,393) |  |  | (7,448) |  |  | (4,656) |  |  | (22,497)
Less: Impairments |  |  | — |  |  | — |  |  | (17) |  |  | (17)
Net intangible assets other than goodwill |  | $ | 2,033 |  | $ | 1,610 |  | $ | 354 |  | $ | 3,997
|  | As of December 31, 2020
(Dollars in thousands) |  | Beneficial ‎Leases |  | Trade ‎Name |  | Other ‎Intangible ‎Assets |  | Total
Gross carrying amount |  | $ | 12,451 |  | $ | 9,058 |  | $ | 4,764 |  | $ | 26,273
Less: Accumulated amortization |  |  | (10,375) |  |  | (7,377) |  |  | (4,533) |  |  | (22,285)
Less: Impairments |  |  | — |  |  | — |  |  | (17) |  |  | (17)
Net intangible assets other than goodwill |  | $ | 2,076 |  | $ | 1,681 |  | $ | 214 |  | $ | 3,971
Beneficial leases obtained in business combinations where we are the landlord are amortized over the life of the relevant leases. Trade names are amortized based on the accelerated amortization method over their estimated useful life of 30 years, and other intangible assets are amortized over their estimated useful lives of up to 30 years (except for transferrable liquor licenses, which are indefinite-lived assets). The table below summarizes the amortization expense of intangible assets for the quarter ended March 31, 2021
|  | Three Months Ended
|  | March 31,
(Dollars in thousands) |  | 2021 |  | 2020
Beneficial lease amortization |  | $ | 29 |  | $ | 25
Other amortization |  |  | 166 |  |  | 76
Total intangible assets amortization |  | $ | 195 |  | $ | 101

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

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration