v3.3.1.900

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS |
Schedule of activity of goodwill |
(In thousands) |  | Total |
Balance as of December 31, 2013 |  | $ | 2,291,943 |
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Balance as of December 31, 2014 |  |  | 2,291,943 |
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Acquisition of Starplex Cinemas |  |  | 116,891 |
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Balance as of December 31, 2015 |  | $ | 2,408,834 |
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Schedule of detail of other intangible assets |
|  |  |  | December 31, 2015 |  | December 31, 2014 |
(In thousands) |  | Remaining Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Favorable leases |  | 3 to 43 years |  | $ | 122,831 |  | $ | (20,592 | ) | $ | 112,251 |  | $ | (13,781 | )
Management contracts |  | 2 to 5 years |  |  | 4,540 |  |  | (2,399 | ) |  | 4,540 |  |  | (1,676 | )
Non-compete agreement |  | 5 year |  |  | 2,300 |  |  | — |  |  | 3,800 |  |  | (2,951 | )
NCM tax receivable agreement |  | 21 years |  |  | 20,900 |  |  | (2,804 | ) |  | 20,900 |  |  | (1,968 | )
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Total, amortizable |  |  |  | $ | 150,571 |  | $ | (25,795 | ) | $ | 141,491 |  | $ | (20,376 | )
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Unamortized Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
AMC trademark |  |  |  | $ | 104,400 |  |  |  |  | $ | 104,400 |  |  |  |
Starplex trade name |  |  |  |  | 8,200 |  |  |  |  |  | — |  |  |  |
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Total, unamortizable |  |  |  | $ | 112,600 |  |  |  |  | $ | 104,400 |  |  |  |
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Schedule of amortization expense associated with the intangible assets |
(In thousands) |  | 12 Months Ended December 31, 2015 |  | 12 Months Ended December 31, 2014 |  | 12 Months Ended December 31, 2013 |
Recorded amortization |  | $ | 8,380 |  | $ | 8,804 |  | $ | 9,011 |
Schedule of estimated annual amortization for the next five fiscal years for intangible assets |
(In thousands) |  | 2016 |  | 2017 |  | 2018 |  | 2019 |  | 2020 |
Projected annual amortization |  | $ | 8,738 |  | $ | 8,621 |  | $ | 8,352 |  | $ | 7,177 |  | $ | 7,000 |
Schedule of additional information for starplex cinemas intangible assets acquired |
(In thousands) |  | Weighted Average Amortization Period |  | Gross Carrying Amount |
Acquired Intangible Assets: |  |  |  |  |  |
Amortizable Intangible Assets: |  |  |  |  |  |
Favorable leases |  | 18 years |  | $ | 10,580 |
Non-compete agreement |  | 5 years |  |  | 2,300 |
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Total, amortizable |  | 15.7 years |  | $ | 12,880 |
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Unamortizable Intangible Assets: |  |  |  |  |  |
Starplex Cinemas trade name |  |  |  | $ | 8,200 |
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