View Filing Data

Depreciation and amortization

$ 84,222

$ 72,413

$ 160,043

$ 141,867

Costs and expenses

Cinema

(60,306)

(52,139)

(115,254)

(103,921)

Real estate

(2,551)

(2,342)

(4,935)

(4,377)

(5,626)

(4,054)

(10,877)

(7,987)

General and administrative

(7,165)

(6,118)

(14,761)

(12,291)

Total costs and expenses

(75,648)

(64,653)

(145,827)

(128,576)

Operating income

8,574

7,760

14,216

13,291

Interest expense, net

(1,790)

(1,787)

(3,384)

(3,647)

Gain on sale of assets

9,417

Gain on insurance recoveries

9,217

Other income (expense)

(61)

(143)

848

Income before income tax expense and equity earnings of unconsolidated joint ventures

6,723

24,634

10,689

29,126

Equity earnings of unconsolidated joint ventures

331

264

588

518

Income before income taxes

7,054

24,898

11,277

29,644

Less: net income attributable to noncontrolling interests

(1,953)

(5,846)

(3,108)

(7,549)

Net Income

5,101

19,052

^[1]

8,169

22,095

102

^[1]

124

Net income attributable to Reading International, Inc. common shareholders

$ 4,999

$ 19,032

$ 8,045

$ 22,063

Basic earnings per share attributable to Reading International, Inc. shareholders

$ 0.22

$ 0.82

$ 0.35

$ 0.95

Diluted earnings per share attributable to Reading International, Inc. shareholders

$ 0.22

$ 0.81

$ 0.35

$ 0.94

Weighted average number of shares outstanding-basic

22,933,589

23,148,995

22,979,436

23,168,703

Weighted average number of shares outstanding-diluted

23,147,373

23,396,143

23,193,220

23,415,851

Cinema [Member]

Revenue

Real Estate Revenue [Member]

$ 80,183

$ 67,443

$ 152,438

$ 134,003

Revenue

Consolidated Statements Of Comprehensive Income [Abstract]

$ 4,039

$ 4,970

$ 7,605

$ 7,864

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Consolidated Statements Of Comprehensive Income - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

^[1]

Jun. 30, 2018

Jun. 30, 2017

^[1]

Foreign currency translation (loss) gain

$ 5,101

$ 19,052

$ 8,169

$ 22,095

(7,968)

2,575

(8,771)

8,401

Other

102

100

Comprehensive income

(2,815)

21,679

(500)

30,596

Less: net income attributable to noncontrolling interests

102

124

Less: comprehensive (loss) income attributable to noncontrolling interests

(7)

(10)

Comprehensive (loss) income attributable to Reading International, Inc.

$ (2,910)

$ 21,659

$ (614)

$ 30,551

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Operating Activities

Adjustments to reconcile net income to net cash provided by operating activities:

$ 8,169

$ 22,095

^[1]

Equity earnings of unconsolidated joint ventures

(588)

(518)

^[1]

Distributions of earnings from unconsolidated joint ventures

504

423

Gain recognized on foreign currency transactions

(820)

Gain on sale of assets

^[1]

(9,417)

Gain on insurance recoveries

^[1]

(9,217)

Change in net deferred tax assets

(1,165)

690

Depreciation and amortization

10,877

7,987

Other amortization

355

1,259

Stock-based compensation expense

718

460

Net changes in operating assets and liabilities:

Receivables

3,532

1,970

Prepaid and other assets

(3,841)

1,018

Payments for accrued pension

(2,529)

Accounts payable and accrued expenses

(5,859)

Film rent payable

(2,576)

(1,859)

Taxes payable

1,641

(915)

Deferred revenue and other liabilities

(1,851)

(1,309)

Net cash provided by operating activities

13,330

5,988

Investing Activities

Demolition costs of operating property

(3,160)

Insurance recoveries relating to property damage and demolition costs

18,415

Purchases of and additions to operating and investment properties

(41,180)

(24,824)

Change in restricted cash

(1,795)

Distributions of investment in unconsolidated joint ventures

124

Disposal of investment in unconsolidated joint ventures

(337)

Proceeds from sale of assets

16,606

Net cash (used by) / provided by investing activities

(42,975)

6,836

Financing Activities

Repayment of long-term borrowings

(21,839)

(38,255)

Proceeds from borrowings

51,300

22,869

Repurchase of Class A Nonvoting Common Stock

(397)

(3,400)

Proceeds from the exercise of stock options

196

150

Noncontrolling interest contributions

Noncontrolling interest distributions

(93)

(133)

Net cash provided by / (used in) financing activities

29,222

(18,720)

Effect of exchange rate changes on cash and cash equivalents

(503)

(46)

Net decrease in cash and cash equivalents

(926)

(5,942)

Cash and cash equivalents at January 1

13,668

19,017

Cash and cash equivalents at June 30

12,742

13,075

Supplemental Disclosures

Interest paid

3,649

2,870

Income taxes paid

5,061

$ 5,711

Non-Cash Transactions

Additions to operating and investing properties through accrued expenses

$ 789

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Description Of Business And Segment Reporting

6 Months Ended

Jun. 30, 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 operation, development and ownership 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 and six months ended June 30, 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.


	Quarter Ended				Six Months Ended
(Dollars in thousands)	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Revenue:
Cinema exhibition	$	80,183	$	67,443	$	152,438	$	134,003
Real estate		6,385		6,933		12,342		11,431
Inter-segment elimination		(2,346)		(1,963)		(4,737)		(3,567)
	$	84,222	$	72,413	$	160,043	$	141,867
Segment operating income:
Cinema exhibition	$	12,494	$	9,788	$	22,779	$	18,879
Real estate		1,914		2,756		3,544		4,051
	$	14,408	$	12,544	$	26,323	$	22,930

A reconciliation of segment operating income to income before income taxes is as follows:


	Quarter Ended				Six Months Ended
(Dollars in thousands)	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Segment operating income	$	14,408	$	12,544	$	26,323	$	22,930
Unallocated corporate expense
Depreciation and amortization expense		(104)		(110)		(221)		(214)
General and administrative expense		(5,730)		(4,674)		(11,886)		(9,425)
Interest expense, net		(1,790)		(1,787)		(3,384)		(3,647)
Equity earnings of unconsolidated joint ventures		331		264		588		518
Gain on sale of assets		--		9,417		--		9,417
Gain on insurance recoveries		--		9,217		--		9,217
Other income (expense)		(61)		27		(143)		848
Income before income tax expense	$	7,054	$	24,898	$	11,277	$	29,644

Summary Of Significant Accounting Policies

6 Months Ended

Jun. 30, 2018

Summary Of Significant Accounting Policies [Abstract]

Summary Of Significant Accounting Policies

Note 2 – Summary of Significant Accounting Policies

Basis of Consolidation

The accompanying consolidated financial statements include the accounts of the Company’s wholly-owned subsidiaries as well as majority-owned subsidiaries that the Company controls, and should be read in conjunction with the Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2017 (“2017 Form 10-K”). All significant intercompany balances and transactions have been eliminated on consolidation. These consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim reporting with the instructions for Form 10-Q and Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (“SEC”). As such, they do not include all information and footnotes required by U.S. GAAP for complete financial statements. We believe that we have included all normal and recurring adjustments necessary for a fair presentation of the results for the interim period.

Operating results for the quarter and six months ended June 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018.

Use of Estimates

The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and footnotes thereto. Significant estimates include (i) projections we make regarding the recoverability and impairment of our assets (including goodwill and intangibles), (ii) valuations of our derivative instruments, (iii) recoverability of our deferred tax assets, (iv) estimation of breakage and redemption experience rates, which drive how we recognize breakage on our gift card and gift certificates, and revenue from our customer loyalty program, and (v) allocation of insurance proceeds to various recoverable components. Actual results may differ from those estimates.

Reclassifications

Certain reclassifications have been made in the June 30, 2017 comparative information in our consolidated financial statements and accompanying notes to conform to the 2018 presentation. These reclassifications relate to the following immaterial balances:

(i)

net-off of interest income against interest expense in our consolidated statements of income; and

(ii)

combination of certain components in our consolidated statements of comprehensive income into one line, called “Others”.

Recently Adopted and Issued Accounting Pronouncements

Adopted:

ASU 2014-09 Revenue from Contracts with Customers: On 1 January 2018, we adopted the new accounting standard ASC 606 Revenue from Contracts with Customers using the modified retrospective method. We recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. We expect the impact of the adoption of the new standard to be immaterial to our net income and cash flows from operations on an ongoing basis.

Our cinema and food and beverage revenue continues to be recognized upon sale and completion of the provision of the movie or performance, or delivery of food and beverage items. Where necessary, revenue is deferred until these obligations are discharged. Property rentals continue to be recognized on a straight line basis, and live theatre license fees continue to be based on a percentage of weekly ticket sales. Under the new standard, rewards owed to and points accrued by Members of our customer loyalty programs are held as deferred revenue. Revenue from unredeemed gift cards and certificates (known as “breakage” in our industry) is recognized in proportion to the pattern of rights exercised by the customer, when the Company expects that it is probable that a significant revenue reversal would not occur for any estimated breakage amounts.

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of ASU 2014-09 Revenue from Contracts with Customers were as follows:


(Dollars in thousands)		Balance at December 31, 2017	Adjustments due to ASU 2014-09	Balance at January 1, 2018
Assets
Deferred income taxes	$	24,908	(161)	24,747
Liabilities
Deferred current revenue	$	9,850	(355)	9,495
Stockholders' Equity
Retained earnings	$	32,679	194	32,873

In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our consolidated income statement and balance sheet was as follows:


		Quarter to June 30, 2018				Six months to June 30, 2018
(Dollars in thousands)		As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)		As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)
Revenues
Cinema	$	80,183	80,192	(9)	$	152,438	152,187	251
Income tax expense		(1,953)	(1,955)	(2)		(3,108)	(3,039)	69
Net income	$	4,999	5,006	(7)	$	8,045	7,863	182

(Dollars in thousands)						As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)
Assets
Deferred income taxes					$	25,776	25,845	(69)
Liabilities
Deferred current revenue					$	7,341	7,592	(251)
Stockholders' Equity
Retained earnings					$	40,918	40,736	182

Refer to Note 1: - Description of the Business and Segment Reporting for a disaggregation of our revenue sources.

Cinema Segment

Sales of cinema tickets and food and beverage (“F&B”) revenue: recognized when sold and collected, either in cash or by credit card at our theatre locations and through our online selling channels. Sales of bulk or advanced tickets are deferred and recognized as revenue when the ticket is used to gain admission to a particular movie.

Gift Card/Certificate Programs: We run gift card and gift certificate programs in all three countries. Revenue from these programs is deferred and recognized when redeemed. From January 1, 2018, we recognize revenue on unredeemed cards and certificates using the proportional method, whereby breakage revenue is recognized in proportion to the pattern of rights exercised by the customer when the Company expects that it is probable that a significant revenue reversal would not occur for any estimated breakage amounts. This is based on a breakage ‘experience rate’ which is determined by historical redemption data.

Loyalty revenue: We run a customer loyalty program in every country. From January 1, 2018, a component of revenue from members of our Loyalty Programs relating to the earning of loyalty rewards is deferred until such a time as members redeem rewards, or until we believe the likelihood of redemption by the member is remote. Deferral is based on the progress made toward the next reward, the fair value of that reward, and the likelihood of redemption, determined by historical redemption data.

Advertising revenue: recognized based on contractual arrangements or relevant admissions information, as appropriate.

Real Estate

Live Theatre License Fees: We have real property interest in and license theatre space to third parties for the presentation of theatrical productions. Revenue is recognized in accordance with the license agreement, and is recorded on a weekly basis after the performance of a show has occurred.

Property Rentals: We contractually retain substantially all of the risks and benefits of ownership of our real estate properties and therefore, we account for our tenant leases as operating leases. Accordingly, rental revenue is recognized on a straight-line basis over the lease term.

On January 1, 2018, the Company adopted ASU 2016-18, Statement of Cash Flows, Topic 230: Restricted Cash, a consensus of the FASB Emerging Issues Task Force. This standard requires that amounts generally described as restricted cash and cash equivalents should be combined with unrestricted cash and cash equivalents when reconciling the beginning and end of period balances on the statement of cash flows. This standard has no material effect on our consolidated statement of cash flows.

On January 1, 2018, the Company adopted ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments). The standard applies to eight (8) specific cash flow classification issues, reducing the current and potential future diversity in the presentation of certain cash flows. Adoption of this standard has no material effect on our consolidated statement of cash flows.

On January 1, 2018, the Company adopted ASU 2017-07, Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. This standard (i) requires that an employer disaggregate the service cost component from the other components of net benefit cost, and (ii) specifies how to present the service cost component and the other components of net benefit cost in the income statement and (iii) allows only the service cost component of net benefit cost to be eligible for capitalization. The standard has no material impact on our consolidated financial statements.

On January 1, 2018, the Company adopted ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business. This ASU provides that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the asset is not a “business”, thus reducing the number of transactions that need further evaluation for business combination. The standard has no material impact on our current consolidated financial statements, and we do not expect it to be applicable to our consolidated financial statements in the near term unless we enter into a definitive business acquisition transaction.

On January 1, 2017, the Company adopted ASU 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. This standard, which became effective for fiscal years beginning after December 15, 2016, provides for the simplification of several aspects of the accounting for share-based payment transactions, including (i) accounting for tax benefits in excess of compensation cost and tax deficiencies, (ii) accounting for forfeitures, and (iii) classification on the statement of cash flows. The only significant impact of the adoption of this standard to the Company is the immediate recognition of excess tax benefits (or “windfalls”) and tax deficiencies (or “shortfalls”) in the consolidated statement of income. Previously, (i) tax windfalls were recorded in additional paid-in capital (“APIC”) in the consolidated statement of stockholders’ equity and (ii) tax shortfalls were recorded in APIC to the extent of previous windfalls and then to the consolidated statement of income.

Issued:

ASUs Effective 2019 and Beyond

New Lease Accounting Model (ASU 2016-02, Leases: Topic 842)

This standard, which becomes effective for the Company on January 1, 2019, establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. A modified retrospective transition approach is required for lessees with capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. While we are still evaluating the impact of our pending adoption of this new standard on our consolidated financial statements, we expect that upon adoption we will recognize ROU assets and lease liabilities and that the amounts could be material since a majority of our operating cinemas are leased. We have developed an implementation plan. Significant implementation matters that we are addressing include (i) assessment of lease population, (ii) determination of appropriate discount rate to use and (iii) assessment of renewal options to include in the initial lease term. While the Company is continuing to assess the effect of adoption, the Company currently believes the most significant changes relate to the recognition of new ROU assets and lease liabilities on its balance sheet for cinemas currently subject to operating leases.

Goodwill Impairment Simplification (ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment)

Issued by FASB in January 2017, this standard removes the second step of the two-step impairment test for measuring goodwill and is to be applied on a prospective basis only. The new standard is effective for the Company on January 1, 2020, including interim periods within the year of adoption. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The standard has no material impact on our consolidated financial statements.

Operations In Foreign Currency

6 Months Ended

Jun. 30, 2018

Operations In Foreign Currency [Abstract]

Operations In Foreign Currency

Note 3 – Operations in Foreign Currency

We have significant assets in Australia and New Zealand. Historically, we have conducted our Australian and New Zealand operations (collectively “foreign operations”) on a self-funding basis where we use cash flows generated by our foreign operations to pay for the expense of foreign operations. Our Australian and New Zealand assets and liabilities are translated from their functional currencies of Australian dollar (“AU$”) and New Zealand dollar (“NZ$”), respectively, to the U.S. dollar based on the exchange rate as of June 30, 2018. The carrying value of the assets and liabilities of our foreign operations fluctuates as a result of changes in the exchange rates between the functional currencies of the foreign operations and the U.S. dollar. The translation adjustments are accumulated in the Accumulated Other Comprehensive Income in the Consolidated Balance Sheets.

Due to the natural-hedge nature of our funding policy, we have not historically used derivative financial instruments to hedge against the risk of foreign currency exposure. However, in certain circumstances, we move funds between jurisdictions where circumstances encouraged us to do so from an overall economic standpoint. Going forward, particularly in light of recent tax law changes, we intend to take a more global view of our financial resources, and to be more flexible in making use of resources from one jurisdiction in other jurisdictions.

As of December 31, 2016, we determined that certain historically long-term intercompany loans from our parent company (Reading International, Inc.), to our Australian subsidiary were short-term in nature. Subsequently, on September 1, 2017, we determined that the remaining AU$21.1 million intercompany loans originally classified as long-term should be considered as short-term as well. These loans were paid in full on December 21, 2017. We recognized a foreign exchange gain on these intercompany advances based on the relative strengthening of the Australian dollar to the U.S. dollar in the amount of $825,000 for the six months ended June 30, 2017 in our Consolidated Statements of Income. No further foreign exchange gains or losses were recognized in the first six months of 2018 in relation to these loans.

Presented in the table below are the currency exchange rates for Australia and New Zealand:


	Foreign Currency / USD
	As of and for the quarter ended	As of and for the six months ended	As of and for the twelve months ended	As of and for the quarter ended	As of and for the six months ended
	June 30, 2018		December 31, 2017	June 30, 2017
Spot Rate
Australian Dollar	0.7399		0.7815	0.7676
New Zealand Dollar	0.6773		0.7100	0.7322
Average Rate
Australian Dollar	0.7569	0.7715	0.7670	0.7511	0.7547
New Zealand Dollar	0.7046	0.7161	0.7111	0.7049	0.7086

Earnings Per Share

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Earnings Per Share

Note 4 – Earnings Per Share

Basic earnings per share (“EPS”) is calculated by dividing the net income attributable to the Company’s common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is calculated by dividing the net income attributable to the Company’s common stockholders by the weighted average number of common and common equivalent shares outstanding during the period and is calculated using the treasury stock method for equity-based compensation awards.

The following table sets forth the computation of basic and diluted EPS and a reconciliation of the weighted average number of common and common equivalent shares outstanding:


	Quarter Ended				Six Months Ended
(Dollars in thousands, except share data)	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Numerator:
Net income attributable to RDI common stockholders	$	4,999	$	19,032	$	8,045	$	22,063
Denominator:
Weighted average number of common stock – basic	22,933,589		23,148,995		22,979,436		23,168,703
Weighted average dilutive impact of awards	213,784		247,148		213,784		247,148
Weighted average number of common stock – diluted	23,147,373		23,396,143		23,193,220		23,415,851
Basic EPS attributable to RDI common stockholders	$	0.22	$	0.82	$	0.35	$	0.95
Diluted EPS attributable to RDI common stockholders	$	0.22	$	0.81	$	0.35	$	0.94
Awards excluded from diluted EPS	126,840		149,841			126,840		149,841

Our weighted average number of common stock - basic decreased primarily as a result of the repurchase of shares of Class A Non-Voting Common Stock “Class A Common Stock”) during the 12 months ended June 30, 2018, pursuant to our current stock repurchase program offset by the issuance of shares due to the exercise of share options and vesting of restricted stock units.

Property And Equipment

6 Months Ended

Jun. 30, 2018

Property And Equipment [Abstract]

Property And Equipment

Note 5 – Property and Equipment

Operating Property, net

As of June 30, 2018 and December 31, 2017, property associated with our operating activities is summarized as follows:


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Land	$	77,420	$	76,457
Building and improvements		151,196		153,232
Leasehold improvements		55,457		48,481
Fixtures and equipment		159,752		145,033
Construction-in-progress		10,494		26,000
Total cost		454,319		449,203
Less: accumulated depreciation		(188,733)		(184,479)
Operating property, net	$	265,586	$	264,724

Depreciation expense for operating property was $5.4 million and $10.2 million for the quarter and six months ended June 30, 2018 and $3.5 million and $7.3 million for the quarter and six months ended June 30, 2017, respectively.

Investment and Development Property, net

As of June 30, 2018 and December 31, 2017, our investment and development property is summarized below:


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Land	$	24,272	$	25,025
Building		1,900		1,900
Construction-in-progress (including capitalized interest)		47,870		34,329
Investment and development property	$	74,042	$	61,254

Construction-in-Progress – Operating and Investing Properties

Construction-in-Progress balances are included in both our operating and development properties. The balances of our major projects along with the movements for the six months ended June 30, 2018 are shown below:


(Dollars in thousands)		Balance, December 31, 2017		Additions during the period(1)		Completed during the period		Foreign currency translation		Balance, June 30, 2018
Union Square development	$	29,223	$	13,884	$	--	$	--	$	43,107
Newmarket Property development		370		545		(637)		(22)		256
Courtenay Central development		4,676		38		--		(217)		4,497
Cinema developments and improvements		19,015		8,206		(21,304)		(81)		5,836
Other real estate projects		7,045		2,544		(4,581)		(340)		4,668

Total	$	60,329	$	25,217	$	(26,522)	$	(660)	$	58,364

(1)

Includes capitalized interest of $800,000 and $1.1 million for the quarter and six months ended June 30, 2018, respectively.

Real Estate Transactions

Sale of Landholding in Burwood, Australia

On December 14, 2017, we received $28.1 million (AU$36.6 million) representing the final payment with respect to the $50.6 million (AU$65.0 million) sale price of our property in Burwood, Victoria, Australia. Previously, partial payments of $16.6 million (AU$21.8 million) and $5.9 million (AU$6.5 million) were received on June 19, 2017 and May 23, 2014.

Purchase of Land at Cannon Park, Australia

On June 13, 2018, we acquired a 163,000 square foot (15,150 square meter) parcel of land at our Cannon Park ETC, in connection with the restructuring of our relationship with the adjacent land owner. Prior to the restructuring, this parcel was commonly owned by us and the adjoining land owner. In the restructuring, the adjoining land owner conveyed to us its interest in the parcel for AU$1. We granted the adjoining land owner certain access rights with respect to that parcel.

Purchase of Property in Auburn, Australia

On June 29, 2018, we purchased a property for $3.5 million (AU$ 4.5 million) in Auburn (Sydney area), Australia. The property which borders our Redyard ETC in Auburn on three sides to the east, west and south and consists of an approximately 16,830 square foot building located on an estimated 20,870 square foot lot, is subject to a lease to Telstra Corporation through September 2022. This will allow us time to plan for the efficient integration into our ETC. Including this acquisition, our Redyard ETC represents approximately 519,992 square feet (48,309 square meters) of land, with approximately 1,620 feet (498 meters) of uninterrupted frontage to Parramatta Road, a major Sydney arterial motorway.

Investments In Unconsolidated Joint Ventures

6 Months Ended

Jun. 30, 2018

Investments In Unconsolidated Joint Ventures [Abstract]

Investments In Unconsolidated Joint Ventures

Note 6 – Investments in Unconsolidated Joint Ventures

Our investments in unconsolidated joint ventures are accounted for under the equity method of accounting.

The table below summarizes our active investment holdings in two (2) unconsolidated joint ventures as of June 30, 2018 and December 31, 2017:


		June 30,		December 31,
(Dollars in thousands)	Interest	2018		2017
Rialto Cinemas	50.0%	$	1,209	$	1,186
Mt. Gravatt	33.3%		3,903		4,118
Total investments		$	5,112	$	5,304

For the quarter and six months ended June 30, 2018 and 2017, the recognized share of equity earnings from our investments in unconsolidated joint ventures are as follows:


	Quarter Ended				Six Months Ended
		June 30,		June 30,		June 30,		June 30,
(Dollars in thousands)		2018		2017		2018		2017
Rialto Cinemas	$	83	$	22	$	153	$	61
Mt. Gravatt		248		242		435		457
Total equity earnings	$	331	$	264	$	588	$	518

Goodwill And Intangible Assets

6 Months Ended

Jun. 30, 2018

Goodwill And Intangible Assets [Abstract]

Goodwill And Intangible Assets

Note 7 – Goodwill and Intangible Assets

The table below summarizes goodwill by business segment as of June 30, 2018 and December 31, 2017.


(Dollars in thousands)	Cinema		Real Estate		Total
Balance at December 31, 2017	$	15,052	$	5,224	$	20,276
Foreign currency translation adjustment		(590)		--		(590)
Balance at June 30, 2018	$	14,462	$	5,224	$	19,686

The 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 2018. To test the impairment of goodwill, the 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 June 30, 2018, we were not aware that any events indicating potential impairment of goodwill had occurred.

The tables below summarize intangible assets other than goodwill as of June 30, 2018 and December 31, 2017, respectively.


	As of June 30, 2018
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	28,702	$	7,255	$	1,137	$	37,094
Less: Accumulated amortization		(23,728)		(5,072)		(489)		(29,289)
Net intangible assets other than goodwill	$	4,974	$	2,183	$	648	$	7,805


	As of December 31, 2017
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	28,860	$	7,254	$	1,139	$	37,253
Less: Accumulated amortization		(23,292)		(4,936)		(483)		(28,711)
Net intangible assets other than goodwill	$	5,568	$	2,318	$	656	$	8,542

Beneficial leases are amortized over the life of the lease up to 30 years, trade names are amortized based on the accelerated amortization method over their estimated useful life of 45 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 and six months ended June 30, 2018.


	Quarter Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
(Dollars in thousands)	2018		2017		2018		2017
Beneficial lease amortization	$	292	$	353	$	499	$	657
Other amortization		94		105		189		207
Total intangible assets amortization	$	386	$	458	$	688	$	864

Accumulated Other Comprehensive Income [Abstract]

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Prepaid And Other Assets

6 Months Ended

Jun. 30, 2018

Prepaid And Other Assets [Abstract]

Prepaid And Other Assets

Note 8 – Prepaid and Other Assets

Prepaid and other assets are summarized as follows:


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Prepaid and other current assets
Prepaid expenses	$	2,186	$	1,625
Prepaid rent		989		1,055
Prepaid taxes		2,252		653
Income taxes receivable		2,187		1,686
Deposits		243		243
Investment in marketable securities		43		46
Restricted cash		16		17
Total prepaid and other current assets	$	7,916	$	5,325
Other non-current assets
Straight-line rent		3,484		2,564
Other non-cinema and non-rental real estate assets		1,134		1,134
Investment in Reading International Trust I		838		838
Long-term deposits		--		7
Long-term restricted cash		1,802		--
Total other non-current assets	$	7,258	$	4,543

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2018
Income Taxes [Abstract]
Income Taxes	Note 9 – Income Taxes On December 22, 2017, the U.S. Tax Cuts and Jobs Act of 2017 (the “Tax Act”) was signed into law. The Tax Act significantly changed the U.S. corporate income tax law by lowering the statutory corporate tax rate from 35% to 21%, imposing a one-time mandatory repatriation tax on earnings of foreign subsidiaries, and changing how foreign earnings are subject to U.S. tax. Due to the timing of the enactment and the complexity involved in applying the provisions of the Tax Act, we made reasonable estimates of the effects and recorded provisional amounts in our financial statements as of December 31, 2017, pursuant to the guidance of the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 118. We recorded income tax expense in 2017 for the impact of the Tax Act of approximately $13.0 million. This 2017 net amount is primarily comprised of $8.3 million from re-measurement of federal net deferred tax assets resulting from the reduction in the U.S. statutory corporate tax rate and a provisional amount of $4.7 million from the one-time mandatory repatriation tax on deferred earnings of our foreign subsidiaries. As we complete our analysis of the Tax Act, collect and prepare necessary data, and interpret any additional guidance issued by the U.S. Treasury Department and the IRS, we may make adjustments to the provisional amount. Those adjustments may materially impact our provision for income taxes in the period in which the adjustments are made. The accounting for the tax effects of the Tax Act will be completed in 2018. The interim provision for income taxes is different from the amount determined by applying the U.S. federal statutory rate to consolidated income before taxes. The differences are attributable to foreign tax rate differential, unrecognized tax benefits, and foreign tax credit. Our effective tax rate was 27.6% and 25.5% for the six months ended June 30, 2018 and 2017, respectively. The change between 2018 and 2017 is primarily related to the reduction of U.S. statutory corporate tax rate as the result of the Tax Act, foreign tax credit, partially offset by a change in the foreign tax rate differential and non-taxable insurance proceeds received in 2017.

Debt

6 Months Ended

Jun. 30, 2018

Debt [Abstract]

Debt

Note 10 – Debt

The Company’s borrowings at June 30, 2018 and December 31, 2017, net of deferred financing costs and including the impact of interest rate derivatives on effective interest rates, are summarized below:


		As of June 30, 2018
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,574	6.36%	6.36%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		31,000		31,000	5.09%	5.09%
	Bank of America Line of Credit (USA)	October 31, 2019		5,000		--		--	5.08%	5.08%
	Bank of America digital projector loan (USA)	December 28, 2019		3,830		3,830		3,830	5.00%	5.00%
	Cinema 1, 2, 3 Term Loan (USA)(4)	September 1, 2019		19,294		19,294		18,975	3.25%	3.25%
	Minetta & Orpheum Theatres Loan (USA)(4)	November 1, 2018		7,500		7,500		7,476	4.75%	4.75%
	U.S. Corporate Office Term Loan (USA)(4)	January 1, 2027		9,609		9,609		9,479	4.64% / 4.44%	4.61%
	Union Square Construction Financing (USA)(4)	December 29, 2019		57,500		19,888		17,263	6.06% / 12.10%	8.52%
Denominated in foreign currency ("FC") (2)
	NAB Corporate Term Loan (AU)	December 31, 2019		49,203		42,729		42,670	3.02%	3.02%
	Westpac Bank Corporate (general/non-construction) Credit Facility (NZ)	December 31, 2019		23,706		--		-	3.70%	3.70%
	Westpac Bank Corporate (construction) Credit Facility (NZ)	December 31, 2018		12,191		--		--	3.70%	3.70%
			$	270,746	$	161,763	$	158,267

(1)

Both interest rate derivatives associated with the Trust Preferred Securities and Bank of America Credit Facility expired in October 2017 so the effective interest rate no longer applies as of June 30, 2018.

(2)

The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of June 30, 2018.

(3)

Net of deferred financing costs amounting to $3.5 million.

(4)

The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance Inc. The loan for our Minetta and Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of June 30, 2018 an additional $11.9 million had been advanced.


		As of December 31, 2017
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,554	5.38%	5.38%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		31,000		31,000	4.57%	4.57%
	Bank of America Line of Credit (USA)	October 31, 2019		5,000		--		--	4.57%	4.57%
	Cinema 1, 2, 3 Term Loan (USA)(4)	September 1, 2019		19,500		19,500		19,105	3.25%	3.25%
	Minetta & Orpheum Theatres Loan (USA)(4)	June 1, 2018		7,500		7,500		7,470	4.13%	4.13%
	U.S. Corporate Office Term Loan (USA)(4)	January 1, 2027		9,719		9,719		9,582	4.64% / 4.44%	4.61%
	Union Square Construction Financing (USA)(4)	December 29, 2019		57,500		8,000		5,033	5.81%	5.81%
Denominated in FC (2)
	NAB Corporate Loan Facility (AU)	June 30, 2019		51,970		30,869		30,781	3.66%	3.66%
	Westpac Bank Corporate (general/non-construction) Credit Facility (NZ)	December 31, 2019		24,850		--		--	3.70%	3.70%
	Westpac Bank Corporate (construction) Credit Facility (NZ)	December 31, 2018		12,780		--		--	3.70%	3.70%
			$	271,732	$	134,501	$	130,525

(1)

(2)

The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2017.

(3)

Net of deferred financing costs amounting to $4.0 million.

(4)

The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.

Our loan arrangements are presented, net of the deferred financing costs, on the face of our consolidated balance sheet as follows:


	Dollars in thousands
Balance Sheet Caption	June 30, 2018		December 31, 2017
Debt - current portion	$	10,747	$	8,109
Debt - long-term portion		119,946		94,862
Subordinated debt		27,574		27,554
Total borrowings	$	158,267	$	130,525

Bank of America Credit Facility

On March 3, 2016, we amended our $55.0 million credit facility with Bank of America to permit real property acquisition loans. This amendment reduces the applicable consolidated leverage ratio covenant by 0.25% and modifies the term of the facility based on the earlier of the eighteen months from the date of such borrowing or the maturity date of the credit agreement. Such modification was not considered substantial in accordance with U.S. GAAP.

Cinema 1,2,3 Term Loan

On August 31, 2016, Sutton Hill Properties LLC (“SHP”), a 75% subsidiary of RDI, refinanced its $15.0 million Santander Bank term loan with a different lender, Valley National Bank. This new $20.0 million loan is collateralized by our Cinema 1,2,3 property and bears an interest rate of 3.25% per annum, with principal instalments and accruing interest paid monthly. The new loan matures on September 1, 2019, with a one-time option to extend the maturity date for another year.

Bank of America Line of Credit

In October 2016, the term of this line of credit was extended to October 31, 2019. Such modification was not considered to be substantial under US GAAP.

U.S. Corporate Office Term Loan

On December 13, 2016, we obtained a ten-year $8.4 million mortgage loan on our new Los Angeles Corporate Headquarters at a fixed annual interest rate of 4.64%. This loan provided for a second loan upon completion of certain improvements. On June 26, 2017, we obtained a further $1.5 million under this provision at a fixed annual interest rate of 4.44%.

Union Square Construction Financing

On December 29, 2016, we closed on our new construction finance facilities totaling $57.5 million to fund the non-equity portion of the anticipated construction costs of the redevelopment of our property at 44 Union Square in New York City. The combined facilities consist of $50.0 million in aggregate loans (comprised of three loan tranches) from Bank of the Ozarks and a $7.5 million mezzanine loan from Tammany Mezz Investor, LLC, an affiliate of Fisher Brothers. At December 29, 2016, Bank of the Ozarks advanced $8.0 million to repay the then existing $8.0 million loan with East West Bank. As of June 30, 2018, an additional $4.4 million had been advanced under the senior loan facility, along with the full $7.5 million available under the mezzanine loan facility.

Presented in the table below is the breakdown of the Union Square construction financing as of June 30, 2018:


(Dollars in thousands)		Facility Limits and Advances
Financing Component	Lender	Facility Limit		Advanced-to- Date		Remaining Facility		Interest Rate(1)	Maturity Date(2)
Mezzanine loan	Tammany Mezz Investor LLC	$	7,500	$	7,500	$	--	Greater of (i) 10.50% and (ii) Adjusted LIBOR + 10%	December 29, 2019
Senior loan, including building and project loan	Bank of the Ozarks		50,000		12,388		37,612	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Total Union Square Financing		$	57,500	$	19,888	$	37,612

(1)

Not to exceed the New York State maximum lawful borrowing rate, which typically is 16%.

(2)

Allowable for up to two (2) extension request options, one (1) year for each extension request.

Westpac Bank Corporate Credit Facility

On December 15, 2017, we extended the maturity of the 1st tranche (general/non-construction credit line) of our Westpac Corporate Credit Facility to December 31, 2019. Prior to this on April 26, 2017, we extended the maturity of our entire Westpac Corporate Credit Facility of $35.9 million (NZ$53.0 million) to December 31, 2018, from March 31, 2018. We are currently working on a longer-term renewal of our Westpac Corporate Credit Facility which will replace the existing facility.

Bank of America Digital Projector Loan

On February 5, 2018, we purchased our U.S. digital cinema projectors, which had previously been held on operating leases, using a $4.6 million loan from Bank of America. We made further U.S. digital cinema projector purchases in March and April 2018, increasing this loan to $4.9 million. This loan carries an interest rate of 5%.

NAB Corporate Term Loan (AU)

On May 9, 2018, we extended the term of NAB Corporate Term Loan to December 31, 2019. Such modification was not considered to be substantial under US GAAP.

Other Liabilities

6 Months Ended

Jun. 30, 2018

Other Liabilities [Abstract]

Other Liabilities

Note 11 – Other Liabilities

Other liabilities are summarized as follows:


(Dollars in thousands)	June 30, 2018		December 31, 2017
Current liabilities
Lease liability	$	5,900	$	5,900
Liability for demolition costs		2,654		2,781
Accrued pension		684		2,907
Security deposit payable		75		91
Other		29		--
Other current liabilities	$	9,342	$	11,679
Other liabilities
Straight-line rent liability	$	15,570	$	13,444
Lease make-good provision		5,612		5,648
Accrued pension		4,921		5,228
Environmental reserve		1,656		1,656
Deferred revenue - real estate		9		18
Acquired leases		137		186
Other		441		469
Other liabilities	$	28,346	$	26,649

On August 29, 2014, the Supplemental Executive Retirement Plan (“SERP”) that has been effective since March 1, 2007, was ended and replaced in accordance with the terms of a pension annuity. As a result of the termination of the SERP program, the accrued pension liability of $7.6 million was reversed and replaced with this pension annuity liability of $7.5 million. The valuation of the liability is based on the present value of $10.2 million discounted at a rate of 4.25% over a 15- year term, resulting in a monthly payment of $57,000. The discount rate of 4.25% has been applied since 2014 to determine the net periodic benefit cost and plan benefit obligation and is expected to be used in future years. The discounted value of $2.7 million (which is the difference between the estimated payout of $10.2 million and the present value of $7.5 million) as of August 29, 2014 will be amortized and expensed based on the 15-year term. In addition, the accumulated actuarial loss of $3.1 million recorded, as part of other comprehensive income will also be amortized based on the 15-year term.

In February 2018 we made a payment of $2.4 million relating to the annuity representing payments for the 42 months outstanding at the time. Monthly ongoing payments of $57,000 are now being made.

As a result of the above, included in our current and non-current liabilities are accrued pension costs of $5.6 million at June 30, 2018. The benefits of our pension plan are fully vested and therefore no service costs were recognized for the quarter and six months ended June 30, 2018 and 2017. Our pension plan is unfunded.

During the quarter and six months ended June 30, 2018, the interest cost was $45,000 and $90,000 respectively, and actuarial loss was $52,000 and $104,000 respectively. During the quarter and six months ended June 30, 2017, the interest cost was $45,000 and $90,000 respectively, and actuarial loss was $51,000 and $103,000.

Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2018

Accumulated Other Comprehensive Income

Note 12 – Accumulated Other Comprehensive Income

The following table summarizes the changes in each component of accumulated other comprehensive income attributable to RDI:


(Dollars in thousands)	Foreign Currency Items		Unrealized Gain (Losses) on Available-for-Sale Investments		Accrued Pension Service Costs		Total
Balance at January 1, 2018	$	23,575	$	8	$	(2,592)	$	20,991
Net current-period other comprehensive (loss) income		(8,761)		(2)		104		(8,659)
Balance at June 30, 2018	$	14,814	$	6	$	(2,488)	$	12,332

Commitments And Contingencies

6 Months Ended

Jun. 30, 2018

Commitments And Contingencies [Abstract]

Commitments And Contingencies

Note 13 – Commitments and Contingencies

Litigation General

We are currently involved in certain legal proceedings and, as required, have accrued estimates of probable and estimable losses for the resolution of these claims, including legal costs.

Where we are the plaintiffs, we accrue legal fees as incurred on an on-going basis and make no provision for any potential settlement amounts until received. In Australia, the prevailing party is usually entitled to recover its attorneys’ fees, which recoveries typically work out to be approximately 60% of the amounts actually spent where first-class legal counsel is engaged at customary rates. Where we are a plaintiff, we have likewise made no provision for the liability for the defendant’s attorneys' fees in the event we are determined not to be the prevailing party.

Where we are the defendants, we accrue for probable damages that insurance may not cover as they become known and can be reasonably estimated. In our opinion, any claims and litigation in which we are currently involved are not reasonably likely to have a material adverse effect on our business, results of operations, financial position, or liquidity. It is possible, however, that future results of the operations for any particular quarterly or annual period could be materially affected by the ultimate outcome of the legal proceedings. From time-to-time, we are involved with claims and lawsuits arising in the ordinary course of our business that may include contractual obligations, insurance claims, tax claims, employment matters, and anti-trust issues, among other matters.

All of these matters require significant judgments based on the facts known to us. These judgments are inherently uncertain and can change significantly when additional facts become known. We provide accruals for matters that have probable likelihood of occurrence and can be properly estimated as to their expected negative outcome. We do not record expected gains until the proceeds are received by us. However, we typically make no accruals for potential costs of defense, as such amounts are inherently uncertain and dependent upon the scope, extent and aggressiveness of the activities of the applicable plaintiff.

Environmental and Asbestos Claims on Reading Legacy Operations

Certain of our subsidiaries were historically involved in railroad operations, coal mining, and manufacturing. Also, certain of these subsidiaries appear in the chain-of-title of properties that may suffer from pollution. Accordingly, certain of these subsidiaries have, from time-to-time, been named in and may in the future be named in various actions brought under applicable environmental laws. Also, we are in the real estate development business and may encounter from time-to-time unanticipated environmental conditions at properties that we have acquired for development. These environmental conditions can increase the cost of such projects and adversely affect the value and potential for profit of such projects. We do not currently believe that our exposure under applicable environmental laws is material in amount.

From time to time, there are claims brought against us relating to the exposure of former employees of our railroad operations to asbestos and coal dust. These are generally covered by an insurance settlement reached in September 1990 with our insurance providers. However, this insurance settlement does not cover litigation by people who were not our employees and who may claim second-hand exposure to asbestos, coal dust and/or other chemicals or elements now recognized as potentially causing cancer in humans. Our known exposure to these types of claims, asserted or probable of being asserted, is not material.

Cotter Jr. Related Litigation Matters

The following table provides a list of legal matters and current status relating to James J. Cotter, Jr’s (“Cotter, Jr.”) employment termination, Mr. Cotter, Jr.’s subsequent derivative action brought against the Company and our Directors alleging, among other things, that such termination violated the fiduciary duties of such Directors, and Mr. Cotter, Jr.’s efforts to cause a change of control of the Company, with detailed discussions following:


Description	Plaintiff/ Claimant	Filed with	Current Status
James J. Cotter, Jr. Legal Cases
 Cotter, Jr. Derivative Litigation against all Directors	Cotter, Jr.	Nevada District Court	The Nevada District Court dismissed with prejudice all claims asserted against Directors Guy Adams, Ellen Cotter and Margaret Cotter by James J. Cotter, Jr, in his purported derivative litigation in the case of Cotter v. Cotter, et al, Case No. A-15-719860-B (District Court of the State of Nevada for Clark County). The District Court granted the summary judgment motions from the bench on June 19, 2018, and a final order is now being prepared. All claims against Directors Judy Codding, William Gould, Edward L. Kane, Douglas McEachern and Michael Wrotniak were previously dismissed with prejudice by the District Court's order dated December 28, 2017. The June dismissal with prejudice of claims against the Company's Directors was entered by the District Court over the protests of Mr. Cotter, Jr., and it is anticipated that Mr. Cotter, Jr. will likely appeal the District Court's decision. Mr. Cotter, Jr. has already appealed the District Court's December 28, 2017 decision.
 Employment Arbitration	RDI	American Arbitration Association	While the Company is the named claimant, the matter relates to Mr. Cotter, Jr’s claims for compensation related to his termination. In Discovery Phase: hearing anticipated in October, 2018.
 Direct Case against the Company seeking reimbursement and advancement of attorney’s fees incurred with respect to the Employment Arbitration	Cotter, Jr.	Nevada District Court	Summary judgment entered in favor of the Company on October 3, 2016.
 Cotter Trust Litigation: Determination of Status of Cotter, Jr., as Trustee	Ellen and Margaret Cotter	California Superior Court	The Superior Court has ruled that Cotter, Jr., is not a trustee of either the Cotter Living Trust or the Cotter Voting Trust. Accordingly, Cotter, Jr., has neither dispositive power nor voting power over any of the Voting Stock currently held by the Cotter Estate or the Cotter Living Trust, or which it is anticipated will be held by the Cotter Voting Trust (the “Cotter Voting Stock”).
 Cotter Trust Litigation: Ex Parte motion seeking appointment of a Trustee Ad Litem to Solicit Offers to Purchase Cotter Voting Stock	Cotter, Jr.	California Superior Court	In response to the ex parte petition of Cotter, Jr., the Superior Court on March 23, 2018 directed that an as-of-yet unnamed trustee ad litem be appointed to solicit offers to purchase the Cotter Voting Stock. Responding to the writ application of Ellen Cotter and Margaret Cotter, as Trustees of the Cotter Living Trust, and Margaret Cotter, as Trustee of the Cotter Voting Trust, the California Court of Appeals on April 12, 2018 stayed the Superior Court’s order and issued its own order to show cause why the Superior Court’s direction should not be vacated and a new and different order denying the appointment of such a trustee ad litem be issued. It is currently anticipated that a hearing on this matter will not be held prior to September 2018.

James J. Cotter, Jr., Litigation Matters.

The James J. Cotter, Jr. Derivative Litigation: On June 12, 2015, the Board of Directors terminated James J. Cotter, Jr. as the President and Chief Executive Officer of our Company. That same day, Mr. Cotter, Jr. filed a lawsuit, styled as both an individual and a derivative action, and titled “James J. Cotter, Jr., individually and derivatively on behalf of Reading International, Inc. vs. Margaret Cotter, et al.” Case No,: A-15-719860-V, Dept. XI, against our Company and each of our then sitting Directors (Ellen Cotter, Margaret Cotter, Guy Adams, William Gould, Edward Kane, Douglas McEachern, and Tim Storey) in the Eighth Judicial District Court of the State of Nevada for Clark County (the “Nevada District Court”). Since that date, our Company has been engaged in ongoing litigation with Mr. Cotter, Jr. with respect to his claims against our Directors. Mr. Cotter, Jr. twice amended his complaint, removing his individual claims and withdrawing his claims against Tim Storey (but reserving the right to reinstitute such claims), adding claims relating to actions taken by our Board since the filing of his original complaint, and adding as defendants two of our directors who were not on our Board at the time of his termination: Judy Codding and Michael Wrotniak. Mr. Cotter, Jr.’s lawsuit, as amended from time to time, is referred to herein as the “Cotter Jr. Derivative Action” and his complaint, as amended from time to time, is referred to herein as the “Cotter Jr. Derivative Complaint.” The defendant directors named in the Cotter Jr. Derivative Complaint, from time to time, are referred to herein as the “Defendant Directors”.

All claims brought by Mr. Cotter, Jr., against Defendant Directors Judy Codding, William Gould, Edward L. Kane, Douglas McEachern and Michael Wrotniak were dismissed with prejudice by the District Court's order dated December 28, 2017, memorializing the Court’s finding that Mr. Cotter, Jr., had failed to raise any genuine issue of material fact relating to the lack of independence or disinterestedness of these directors. Thereafter, on June 19, 2018, the Nevada District Court dismissed with prejudice all claims asserted by Mr. Cotter, Jr., against the remaining Defendant Directors, Guy Adams, Ellen Cotter and Margaret Cotter. The District Court granted the summary judgment motions in favor of these remaining Defendant Directors from the bench on June 19, 2018, and a final order is now being prepared. The previously announced July 9, 2018 trial date has been vacated. The June 19, 2018 dismissal with prejudice of claims against the Company's Directors was entered by the District Court over the protests of Mr. Cotter, Jr., and it is anticipated that Mr. Cotter, Jr. will likely appeal the District Court's decision. Mr. Cotter, Jr. has already appealed the District Court's December 28, 2017 decision.

The James J. Cotter, Jr., Employment Arbitration: Our Company continues to be in arbitration with Mr. Cotter, Jr. (Reading International, Inc. v. James J. Cotter, AAA Case No. 01-15-0004-2384, filed July 2015) (the “Cotter Jr. Employment Arbitration”) seeking declaratory relief and defending claims asserted by Mr. Cotter, Jr. On January 20, 2017, Mr. Cotter Jr. filed a First Amended Counter-Complaint which includes claims of breach of contract, contractual indemnification, retaliation, wrongful termination in violation of California Labor Code § 1102.5, wrongful discharge, and violations of California Code of Procedure § 1060 based on allegations of unlawful and unfair conduct. Mr. Cotter, Jr. seeks compensatory damages estimated by his counsel at more than $1.2 million, plus unquantified special and punitive damages, penalties, interest and attorney’s fees. On April 9, 2017, the Arbitrator granted without leave to amend the Company’s motion to dismiss Mr. Cotter, Jr.’s claims for retaliation, violation of labor code §1102.5 and wrongful discharge in violation of public policy. The Cotter Jr. Employment Arbitration is in the discovery phase. It is currently anticipated that the matter will be heard in October, 2018.

The James J. Cotter, Jr., Fee Reimbursement Litigation: Mr. Cotter, Jr. also brought a direct action in the Nevada District Court (James J. Cotter, Jr. v. Reading International, Inc., a Nevada corporation; Does 1-100 and Roe Entities, 1-100, inclusive, Case No. A-16-735305-B) seeking advancement of attorney’s fees incurred in the Cotter Jr. Employment Arbitration. Summary judgment was entered against Mr. Cotter, Jr. with respect to that direct action on October 3, 2016.

The T2 Derivative Litigation: For a period of approximately 12 months, between August 6, 2015 and August 4, 2016, our Company and our directors other than Mr. Cotter, Jr. were subject to a derivative lawsuit filed in the Nevada District Court captioned T2 Partners Management, LP, a Delaware limited partnership, doing business as Kase Capital Management; T2 Accredited Fund, LP, a Delaware limited partnership, doing business as Kase Fund; T2 Qualified Fund, LP, a Delaware limited partnership, doing business as Kase Qualified Fund; Tilson Offshore Fund, Ltd, a Cayman Islands exempted company; T2 Partners Management I, LLC, a Delaware limited liability company, doing business as Kase Management; T2 Partners Management Group, LLC, a Delaware limited liability company, doing business as Kase Group; JMG Capital Management, LLC, a Delaware limited liability company, Pacific Capital Management, LLC, a Delaware limited liability company (the “T2 Plaintiffs”), derivatively on behalf of Reading International, Inc. vs. Margaret Cotter, Ellen Cotter, Guy Adams, Edward Kane, Douglas McEachern, Timothy Storey, William Gould and Does 1 through 100, inclusive, as defendants, and, Reading International, Inc., a Nevada corporation, as Nominal Defendant. That complaint was subsequently amended (as amended the “T2 Derivative Complaint”) to add as defendants Directors Judy Codding and Michael Wrotniak (collectively with the directors initially named the “T2 Defendant Directors”) and S. Craig Tompkins, our Company’s legal counsel (collectively with the T2 Defendant Directors, the “T2 Defendants”). The T2 Derivative Action was settled pursuant to a Settlement Agreement between the parties dated August 4, 2016, which as modified was approved by the Nevada District Court on October 6, 2016. The District Court’s Order provided for the dismissal with prejudice of all claims contained in the T2 Plaintiffs’ First Amended Complaint and provide that each side would be responsible for its own attorneys’ fees.

In the joint press release issued by our Company and the T2 Plaintiffs on July 13, 2016, representatives of the T2 Plaintiffs stated as follows: "We are pleased with the conclusions reached by our investigations as Plaintiff Stockholders and now firmly believe that the Reading Board of Directors has and will continue to protect stockholder interests and will continue to work to maximize shareholder value over the long-term. We appreciate the Company's willingness to engage in open dialogue and are excited about the Company's prospects. Our questions about the termination of James Cotter, Jr., and various transactions between Reading and members of the Cotter family-or entities they control-have been definitively addressed and put to rest. We are impressed by measures the Reading Board has made over the past year to further strengthen corporate governance. We fully support the Reading Board and management team and their strategy to create stockholder value.”

The T2 Plaintiffs alleged in their T2 Derivative Complaint various violations of fiduciary duty, abuse of control, gross mismanagement and corporate waste by the T2 Defendant Directors. More specifically the T2 Derivative Complaint sought the reinstatement of James J. Cotter, Jr. as President and Chief Executive Officer, an order setting aside the election results from the 2015 Annual Meeting of Stockholders, based on an allegation that Ellen Cotter and Margaret Cotter were not entitled to vote the shares of Class B Common Stock held by the Cotter Estate and the Cotter Trust, and certain monetary damages, as well as equitable injunctive relief, attorney fees and costs of suit. In May 2016, the T2 Plaintiffs unsuccessfully sought a preliminary injunction (i) enjoining the Inspector of Elections from counting at our 2016 Annual Meeting of Stockholders any proxies purporting to vote either the 327,808 Class B shares held of record by the Cotter Estate or the 696,080 Class B shares held of record by the Cotter Trust, and (ii) enjoining Ellen Cotter, Margaret Cotter and James J. Cotter, Jr. from voting the above referenced shares at the 2016 Annual Meeting of Stockholders. This request for preliminary injunctive relief was denied by the Nevada District Court after a hearing on May 26, 2016.

The Cotter Trust Litigation: Up until his death on September 13, 2014, James J. Cotter, Sr., the father of Ellen Cotter, James J. Cotter, Jr. and Margaret Cotter, was our controlling stockholder, having the sole power to vote approximately 66.9% of the outstanding Class B voting common stock (the “Class B Stock”) of the Company. Under applicable Nevada Law, a stockholder holding more than 2/3rds of the Company’s voting stock has the power at any time, with or without cause, to remove any one or more directors (up to and including the entire board of directors) by written consent taken without a meeting of the stockholders.

Following the death of Mr. Cotter, Sr., disputes arose among Ellen Cotter, James J. Cotter, Jr. and Margaret Cotter concerning the voting control and disposition of those shares. These disputes initially resulted in an action brought by Ellen Cotter and Margaret Cotter on February 5, 2015 in the Superior Court of the State of California, County of Los Angeles (the “California Superior Court”), in the case captioned In re James J. Cotter Living Trust dated August 1, 2000 (Case No. BP159755) (the “Trust Case”), to determine which of two trust documents controlled the living trust created by their father (the “Cotter Living Trust”). On March 23, 2018, the California Superior Court ruled that the trust document advocated by Mr. Cotter, Jr., was invalid. That ruling has become final and non-appealable. Accordingly, it has now been judicially established that Ellen Cotter and Margaret Cotter are the Co-Trustees of the Cotter Living Trust, and Margaret Cotter is the sole Trustee of the voting sub-trust to be formed under the Cotter Living Trust to eventually hold Class B Voting Stock representing approximately 66.9% of the outstanding voting stock of our Company (the “Cotter Voting Trust”).

Prior to this ruling, Mr. Cotter Jr. on or about February 8, 2017, brought an ex parte motion in the Trust Case seeking the appointment of a trustee ad litem to market and potentially sell the voting stock to be held by the Cotter Voting Trust. In light of our Board’s determination that it would be in the best interests of our Company and our stockholders generally to continue to pursue our Company’s business plan, and not to sell the Company at this time, the potential disruption to the achievement of that business plan and to the business and affairs of our Company generally if there were to be a change of control transaction at this time, the commitment of Ellen Cotter and Margaret Cotter to the pursuit and fulfilment of that business plan, our Company has made filings in the California Superior Court opposing such an appointment of a trustee ad litem.

On March 23, 2018, the California Superior Court ruled that it would appoint a temporary trustee ad litem (the “TTAL”) “with the narrow and specific authority to obtain offers to purchase the RDI stock in the voting trust, but not to exercise any other powers without court approval, specifically the sale of the company or any other powers possessed by the trustees.” No TTAL has been appointed to date.

On April 12, 2018, following the application for a writ by Ellen Cotter and Margaret Cotter as the Trustees of the Cotter Living Trust, and Margaret Cotter as the Trustee of the Cotter Voting Trust, the California Court of Appeals stayed all trial court proceedings and issued an Order to Show Cause as to why it should not vacate the California Superior Court’s Order that a TTAL be appointed to market the above referenced RDI stock and enter a different order denying Mr. Cotter, Jr’s ex parte petition seeking a TTAL. It is not currently anticipated that a hearing will be held on this Order to Show Cause prior to September, 2018.

As of June 30, 2018, according to the books of the Company, the Cotter Living Trust held of record 696,080 shares of our Class B Stock constituting approximately 41.4% of the voting power of our outstanding capital stock. According to the books of the Company, the Estate of James J. Cotter (the “Cotter Estate”) as of that date held of record an additional 427,808 shares of Class B Stock, constituting approximately 25.5% of the voting power of our outstanding capital stock. We are advised, based upon public filings made by one or more of Ellen Cotter, Margaret Cotter and James J. Cotter, Jr. (the “Cotter Filings”) that the Class B Stock currently held of record by the Cotter Estate will eventually pour over into the Cotter Living Trust where it will then be placed in the Cotter Voting Trust. At the present time, however, such Class B Stock is held of record by the Cotter Living Trust and the Cotter Estate, respectively. Ellen Cotter and Margaret Cotter are also the Co-Executors of the Cotter Estate.

The California Superior Court, in the Trust Case, has jurisdiction over the Cotter Living Trust, which as described in more detail above, currently owns 41.4% of our Class B Stock, and, at such time as the Cotter Estate is probated, may receive up to an additional 25.5% of our Class B Stock, has jurisdiction over a potentially controlling block of our voting power. Should the California Superior Court order the sale of the Cotter Living Trust’s Class B Stock and such sale be completed, then there may be a change of control of our Company, depending on, among other things, who the ultimate purchaser(s) of such shares might be, the number of shares of Class B Stock distributed by the Cotter Estate to the Cotter Living Trust, and whether the California Superior Court orders a sale of all or only some portion to the Class B Stock held by the Cotter Living Trust.

Costs of Litigation/Arbitration: Our Company was legally obligated to cover the costs and expenses incurred by our Defendant Directors in defending the Cotter Jr. Derivative Action and the T2 Derivative Action. Furthermore, although in a derivative action the stockholder plaintiff seeks only damages or other relief for the benefit of our Company, and not for the stockholder plaintiff’s individual benefit and, accordingly, although our Company is, at least in theory, only a nominal defendant, as a practical matter our Company had a direct interest in defending against Mr. Cotter, Jr.’s claims and opposing the remedies he was seeking. Mr. Cotter, Jr. was, among other things, (a) seeking an order that our Board’s termination of Mr. Cotter, Jr. was ineffective and demanding, as a remedy, that he be reinstated as the President and Chief Executive Officer of our Company, (b) seeking an order limiting the use of our Board’s Executive Committee, and (c) asserting that our Company has made materially misleading statements in certain press releases and filings with the SEC. Accordingly, our Company also incurred, on its own account, significant cost and expense defending the decision to terminate Mr. Cotter, Jr. as President and Chief Executive Officer, its board committee structure, and the adequacy of those press releases and filings, in addition to its costs incurred in responding to discovery demands and satisfying indemnity obligations to the Defendant Directors. Likewise, in connection with the T2 Derivative Action, our Company incurred substantial costs defending claims related to the defense of claims relating to the termination of Mr. Cotter, Jr., opposing his reinstatement, and defending the conduct of its annual meetings. Cost incurred in the Cotter Jr. Employment Arbitration and in the defense of the Cotter Jr. Attorney’s fees case were direct costs of our Company.

The Directors and Officer’s Insurance Policy, in the amount of $10 million, was used to cover a portion of the costs of defending the Cotter Jr. Derivative Action, but has been exhausted. We are now covering the defense costs of the Defendant Directors, in addition to our own costs incurred in connection with the Cotter Jr. Derivative Action. In 2017, these out-of-pocket costs totaled approximately $4.0 million. Costs of the litigation for the six months ended June 30, 2018, ended were $2.6 million, compared to $1.2 million for the same period in 2017. This increase in expense was principally due to the need to prepare for the July 9, 2018 trial date ordered by the Nevada District Court and to prepare various dispositive motions setting forth defenses made available by the Nevada Court’s Dismissal in December, 2017, of the claims against Defendant Directors Codding, Gould, Kane, McEachern and Wrotniak. Those motions were successful and no trial was ultimately held. While the Nevada District Court has now dismissed with prejudice on summary judgment all of Mr. Cotter, Jr’s claims against all of the Defendant Directors, it is anticipated that we will incur further costs defending Mr. Cotter, Jr’s appeal of the Nevada District Court’s dismissal of his claims.

Our Company has also incurred legal expense representing the interests of our Company in the Trust Case, opposing Mr. Cotter, Jr.’s Ex Parte Motion to seek a trustee ad litem to market stock potentially representing a controlling interest in our Company without the involvement of our Board of Directors and without any safeguards to protect the interests of non-controlling stockholders.

The Special Independent Committee: On August 7, 2017, our Board appointed a Special Independent Committee to, among other things, review, consider, deliberate, investigate, analyze, explore, evaluate, monitor and exercise general oversight of any and all activities of the Company directly or indirectly involving, responding to or relating to the Cotter Jr. Derivative Action, the Cotter Jr. Employment Arbitration, the Cotter Trust Litigation, and any other litigation or arbitration matters involving any one or more of Ellen Cotter, Margaret Cotter, James J. Cotter, Jr., the Cotter Estate and/or the Cotter Living Trust.

The STOMP Arbitration

In April 2015, Liberty Theatres, LLC (“Liberty”), a wholly owned subsidiary of the Company, commenced an American Arbitration Association arbitration proceeding against The Stomp Company Limited Partnership (“Stomp”), the producer of the show STOMP, in response to Stomp’s purported termination of their license agreement with Liberty relating to such show. STOMP has been playing at our Orpheum Theatre in New York City for 23 years and still continues to play to date. Liberty sought specific performance, injunctive and declaratory relief and damages. Stomp counterclaimed for unspecified damages, alleging that Liberty has interfered with the Stomp’s endeavors to move the show to another Off-Broadway theater. Stomp based its purported termination of the license agreement upon the alleged deficient condition of the Orpheum Theater.

On December 18, 2015, the Arbitrator issued his Partial Final Award of Arbitration, providing for, among other things (i) the issuance of a permanent injunction prohibiting Stomp from “transferring or taking actions to market, promote, or otherwise facilitate any transfer of, STOMP to another theatre in New York City having fewer than 500 seats without Liberty’s prior written consent”, (ii) the Stomp’s Notice of Termination purportedly terminating the parties’ license agreement was invalid, null and void and the License Agreement remains in full force and effect, and (iii) the award to Liberty of its reasonable attorneys’ fees in an amount to be determined by the Arbitrator.

In explaining his decision to award Liberty its reasonable attorneys’ fees, the Arbitrator stated as follows: “Liberty is entitled to such an award [of attorneys’ fees] not only because it is the prevailing party in this proceeding, but because [the Producer] unfairly disparaged the Orpheum and caused Liberty to incur attorneys’ fees in order to address and resolve [the Producer’s] groundless and frivolous allegations with respect to the Orpheum’s condition, Liberty’s performance under the License Agreement, and Stomp’s reasons for seeking to transfer STOMP to a larger theatre.”

In April 2016, we were awarded $2.3 million in attorney’s fees and costs. This amount, plus interest has now been paid in full, final payment being received on March 5, 2018. STOMP continues to play at our Orpheum Theater.

Non-controlling Interests

6 Months Ended

Jun. 30, 2018

Non-controlling Interests [Abstract]

Non-controlling Interests

Note 14 – Non-controlling Interests

These are composed of the following enterprises:

Australia Country Cinemas Pty Ltd. -- 25% noncontrolling interest owned by Panorama Cinemas for 21st Century Pty Ltd.;

Shadow View Land and Farming, LLC -- 50% noncontrolling membership interest owned by either the estate of Mr. James J. Cotter, Sr. (the “Cotter Estate”) and/or the James J. Cotter, Sr. Living Trust (the “Cotter Trust”); and,

Sutton Hill Properties, LLC -- 25% noncontrolling interest owned by Sutton Hill Capital, LLC (which in turn is 50% owned by the Cotter Estate and/or the Cotter Trust).

The components of noncontrolling interests are as follows:


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Australian Country Cinemas, Pty Ltd	$	168	$	138
Shadow View Land and Farming, LLC		2,156		2,127
Sutton Hill Properties, LLC		2,081		2,066
Noncontrolling interests in consolidated subsidiaries	$	4,405	$	4,331

The components of income attributable to noncontrolling interests are as follows:


	Quarter Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
(Dollars in thousands)	2018		2017		2018		2017
Australian Country Cinemas, Pty Ltd	$	93	$	68	$	133	$	113
Shadow View Land and Farming, LLC		(13)		(11)		(25)		(27)
Sutton Hill Properties, LLC		22		(37)		16		(54)
Net income attributable to noncontrolling interests	$	102	$	20	$	124	$	32

Summary of Controlling and Noncontrolling Stockholders’ Equity

A summary of the changes in controlling and noncontrolling stockholders’ equity is as follows:


(Dollars in thousands)		Controlling Stockholders’ Equity		Noncontrolling Stockholders’ Equity		Total Stockholders’ Equity
Equity at January 1, 2018	$	176,910	$	4,331	$	181,241
Adjustments to opening retained earnings on adoption of ASC 606		194		(2)		192
Net income		8,045		124		8,169
Increase in additional paid in capital		670		--		670
Treasury stock purchased		(397)		--		(397)
Contributions from noncontrolling stockholders		--		55		55
Distributions to noncontrolling stockholders		--		(93)		(93)
Sale of noncontrolling interest		--		--		--
Accumulated other comprehensive income		(8,659)		(10)		(8,669)
Equity at June 30, 2018	$	176,763	$	4,405	$	181,168

(Dollars in thousands)		Controlling Stockholders’ Equity		Noncontrolling Stockholders’ Equity		Total Stockholders’ Equity
Equity at January 1, 2017	$	142,197	$	4,418	$	146,615
Net income		22,063		32		22,095
Increase in additional paid in capital		610		--		610
Treasury stock purchased		(3,400)		--		(3,400)
Contributions from noncontrolling stockholders		--		49		49
Distributions to noncontrolling stockholders		--		(131)		(131)
Accumulated other comprehensive loss		8,489		13		8,502
Equity at June 30, 2017	$	169,959	$	4,381	$	174,340

Stock-Based Compensation And Stock Repurchases

6 Months Ended

Jun. 30, 2018

Stock-Based Compensation And Stock Repurchases [Abstract]

Stock-Based Compensation And Stock Repurchases

Note 15 – Stock-Based Compensation and Stock Repurchases

Employee and Director Stock Option Plan

The Company may grant stock options and other share-based payment awards of our Common Stock to eligible employees, directors, and consultants under the 2010 Stock Incentive Plan (the “Plan”). The aggregate total number of shares of the Common Stock authorized for issuance under the Plan is 2,197,460.

During the Company’s 2017 Annual Stockholders’ Meeting held on November 7, 2017, the Company's stockholders, upon recommendation of the Board of Directors, approved an amendment to the Company's 2010 Plan to increase the number of shares of common stock issuable under such plan by an additional 947,460 shares. The effect of the increase is to restore the amount of shares of Common Stock available under the 2010 Stock Incentive Plan from the 302,540 shares available as of September 30, 2017, back up to its original reserve of 1,250,000 shares. As of June 30, 2018, we had 1,176,342 shares remaining for future issuances.

Since the adoption of the Plan in 2010, the Company has granted awards primarily in the form of stock options. In the 1st quarter of 2016, the Company started to award restricted stock units (“RSUs”) to directors and certain members of management. Stock options are generally granted at exercise prices equal to the grant-date market prices and typically expire no later than five years from the grant date. In contrast to a stock option where the grantee buys the Company’s share at an exercise price determined on grant date, an RSU entitles the grantee to receive one share for every RSU based on a vesting plan. At the discretion of our Compensation and Stock Options Committee, the vesting period of stock options and RSUs granted to employees ranges from zero to four years. Grants to directors and certain executive officers are subject to Board approval. At the time the options are exercised or RSUs vest, at the discretion of management, we will issue treasury shares or make a new issuance of shares to the option or RSU holder.

Stock Options

We estimate the grant-date fair value of our stock options using the Black-Scholes option-valuation model, which takes into account assumptions such as the dividend yield, the risk-free interest rate, the expected stock price volatility, and the expected life of the options. We expense the estimated grant-date fair values of options over the vesting period on a straight-line basis. Based on our historical experience, the “deemed exercise” of expiring in-the-money options and the relative market price to strike price of the options, we have not hereto estimated any forfeitures of vested or unvested options.

There were no share options issued in the quarter ended June 30, 2018. The weighted average assumptions used in the option-valuation model were as follows:


	Six Months Ended June 30
	2018			2017
Stock option exercise price	$	16.40	$	15.97
Risk-free interest rate		2.56%		1.68%
Expected dividend yield		--		--
Expected option life in years		3.75		3.75
Expected volatility		24.99%		24.92%
Weighted average fair value	$	3.80	$	3.46

For the quarter ended June 30, 2018 and 2017, we recorded compensation expense of $112,000 and $84,000, respectively. For the six months ended June 30, 2018 and 2017, we recorded compensation expense of $197,000 and $139,000, respectively. At June 30, 2018, the total unrecognized estimated compensation expense related to non-vested stock options was $1.1 million, which we expect to recognize over a weighted average vesting period of 1.77 years. The intrinsic, unrealized value of all options outstanding, vested and expected to vest, at June 30, 2018 was $2.2 million, of which 82.6% are currently exercisable.

The following table summarizes the information of options outstanding and exercisable as of June 30, 2018 and December 31, 2017:


	Outstanding Stock Options - Class A Shares
	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Years of Contractual Life	Aggregate Intrinsic Value
	Class A	Class A		Class A	Class A
Balance - December 31, 2016	535,077	$	9.84	2.61	$	3,615,191
Granted	169,762		15.94	--		--
Exercised	(177,750)		7.85	--		702,840
Forfeited	(2,500)		6.23	--		--
Balance - December 31, 2017	524,589	$	12.50	3.15	$	3,054,325
Granted	126,840		16.40	--		--
Exercised	(35,000)		5.79	--		321,749
Forfeited	--		--	--		--
Balance - June 30, 2018	616,429	$	13.68	3.25	$	2,193,858

Restricted Stock Units

We estimate the grant-date fair values of our RSUs using the Company’s stock price at grant-date and record such fair values as compensation expense over the vesting period on a straight-line basis. The following table summarizes the status of the RSUs granted to-date as of June 30, 2018:


	Outstanding Restricted Stock Units
	RSU Grants (in units)		Total	Vested,	Unvested,
Grant Date	Directors	Management	Grants	June 30, 2018	June 30, 2018
March 10, 2016	35,147	27,381	62,528	48,837	13,691
April 11, 2016	--	5,625	5,625	1,406	4,219
March 23, 2017	30,681	32,463	63,144	46,912	16,232
August 29, 2017	--	7,394	7,394	--	7,394
January 2, 2018	29,393	--	29,393	--	29,393
April 12, 2018	--	29,596	29,596	--	29,596
April 13, 2018	--	14,669	14,669	--	14,669

Total	95,221	117,128	212,349	97,155	115,194

These RSU awards vest 25% at the end of each year for 4 years (in the case of members of management) and vest 100% on the date of grant which is early January of the year following in which such RSUs were granted (in the case of directors). For the quarter ended June 30, 2018 and 2017, we recorded compensation expense of $227,000 and $180,000, respectively. For the six months ended June 30, 2018 and 2017, we recorded compensation expense of $521,000 and $299,000, respectively. The total unrecognized compensation expense related to the non-vested RSUs was $1.5 million as of June 30, 2018, which we expect to recognize over a weighted average vesting period of 1.1 years.

Stock Repurchase Program

On March 2, 2017, the Company's Board of Directors authorized management, at its discretion, to spend up to an aggregate of $25.0 million to acquire shares of Reading’s Class A Stock. The previously approved stock repurchase program, which allowed management to spend up to an aggregate of $10.0 million to acquire shares of Reading’s Class A Common Stock, was completed as of December 31, 2016.

The repurchase program allows Reading to repurchase its shares in accordance with the requirements of the SEC on the open market, in block trades and in privately negotiated transactions, depending on market conditions and other factors. All purchases are subject to the availability of shares at prices that are acceptable to Reading, and accordingly, no assurances can be given as to the timing or number of shares that may ultimately be acquired pursuant to this authorization.

Under the stock repurchase program, as of June 30, 2018, the Company has reacquired 433,361 shares of Class A Stock for $6.9 million at an average price of $15.97 per share (excluding transaction costs) to-date, of which 23,638 were purchased for $397,000 at an average price of $16.80 during 2018. 5,000 shares were purchased during the quarter ended June 30, 2018. This leaves $18.1 million available under the March 2, 2017 program for repurchase as of June 30, 2018. The Board authorization for the stock repurchase program is currently set to expire on March 2, 2019.

Derivative Instruments	6 Months Ended
Derivative Instruments	Jun. 30, 2018
Derivative Instruments [Abstract]
Derivative Instruments	Note 16 – Derivative Instruments From time to time, we purchase interest rate derivative instruments to hedge the interest rate risk that results from the variability of our floating-rate borrowings. Our use of derivative transactions is intended to reduce long-term fluctuations in cash flows caused by market movements. All derivative instruments are recorded on the balance sheet at fair value with changes in fair value through interest expense in the Consolidated Statement of Income. As of June 30, 2018, we do not have material derivative positions nor have designated any of these derivatives as accounting hedges.

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41641-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 8
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Fair Value Measurements

6 Months Ended

Jun. 30, 2018

Fair Value Measurements [Abstract]

Fair Value Measurements

Note 17 – Fair Value Measurements

ASC 820, Fair Value Measurement establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The statement requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories:

Level 1: Quoted market prices in active markets for identical assets or liabilities;

Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and,

Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

As of June 30, 2018 and December 31, 2017 material financial assets and financial liabilities were carried and measured at fair value on a recurring basis.

The following tables summarize our financial liabilities that are carried at cost and measured at fair value on a non-recurring basis as of June 30, 2018 and December 31, 2017, by level within the fair value hierarchy.


			Fair Value Measurement at June 30, 2018
(Dollars in thousands)	Carrying Value(1)		Level 1		Level 2		Level 3		Total
Notes payable	$	133,850	$	--	$	--	$	133,585	$	133,585
Subordinated debt		27,913		--		--		17,695		17,695
	$	161,763	$	--	$	--	$	151,280	$	151,280


			Fair Value Measurement at December 31, 2017
(Dollars in thousands)	Carrying Value(1)		Level 1		Level 2		Level 3		Total
Notes payable	$	106,588	$	--	$	--	$	106,894	$	106,894
Subordinated debt		27,913		--		--		16,088		16,088
	$	134,501	$	--	$	--	$	122,982	$	122,982

(1)

These balances are presented before any deduction for deferred financing costs.

Following is a description of the valuation methodologies used to estimate the fair value of our financial assets and liabilities. There have been no changes in the methodologies used at June 30, 2018 and December 31, 2017.

Level 1 investments in marketable securities primarily consist of investments associated with the ownership of marketable securities in U.S. and New Zealand. These investments are valued based on observable market quotes on the last trading date of the reporting period.

Level 2 derivative financial instruments are valued based on discounted cash flow models that incorporate observable inputs such as interest rates and yield curves from the derivative counterparties. The credit valuation adjustments associated with our non-performance risk and counterparty credit risk are incorporated in the fair value estimates of our derivatives. As of June 30, 2018 and December 31, 2017, we concluded that the credit valuation adjustments were not significant to the overall valuation of our derivatives.

Level 3 borrowings include our secured and unsecured notes payable, trust preferred securities and other debt instruments. The borrowings are valued based on discounted cash flow models that incorporate appropriate market discount rates. We calculated the market discount rate by obtaining period-end treasury rates for fixed-rate debt, or LIBOR for variable-rate debt, for maturities that correspond to the maturities of our debt, adding appropriate credit spreads derived from information obtained from third-party financial institutions. These credit spreads take into account factors such as our credit rate, debt maturity, types of borrowings, and the loan-to-value ratios of the debt.

The Company’s financial instruments also include cash, cash equivalents, receivables and accounts payable. The carrying values of these financial instruments approximate the fair values due to their short maturities. Additionally, there were no transfers of assets and liabilities between levels 1, 2, or 3 during the quarter and six months ended June 30, 2018 and June 30, 2017.

Summary Of Significant Accounting Policies [Abstract]

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Summary Of Significant Accounting Policies (Policy)

6 Months Ended

Jun. 30, 2018

Basis Of Consolidation

Basis of Consolidation

Operating results for the quarter and six months ended June 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018.

Use Of Estimates

Use of Estimates

Reclassifications

(i)

net-off of interest income against interest expense in our consolidated statements of income; and

(ii)

combination of certain components in our consolidated statements of comprehensive income into one line, called “Others”.

Recently Adopted And Issued Accounting Pronouncements

Recently Adopted and Issued Accounting Pronouncements

Adopted:

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of ASU 2014-09 Revenue from Contracts with Customers were as follows:


(Dollars in thousands)		Balance at December 31, 2017	Adjustments due to ASU 2014-09	Balance at January 1, 2018
Assets
Deferred income taxes	$	24,908	(161)	24,747
Liabilities
Deferred current revenue	$	9,850	(355)	9,495
Stockholders' Equity
Retained earnings	$	32,679	194	32,873

In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our consolidated income statement and balance sheet was as follows:


		Quarter to June 30, 2018				Six months to June 30, 2018
(Dollars in thousands)		As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)		As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)
Revenues
Cinema	$	80,183	80,192	(9)	$	152,438	152,187	251
Income tax expense		(1,953)	(1,955)	(2)		(3,108)	(3,039)	69
Net income	$	4,999	5,006	(7)	$	8,045	7,863	182

(Dollars in thousands)						As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)
Assets
Deferred income taxes					$	25,776	25,845	(69)
Liabilities
Deferred current revenue					$	7,341	7,592	(251)
Stockholders' Equity
Retained earnings					$	40,918	40,736	182

Refer to Note 1: - Description of the Business and Segment Reporting for a disaggregation of our revenue sources.

Cinema Segment

Advertising revenue: recognized based on contractual arrangements or relevant admissions information, as appropriate.

Real Estate

Issued:

ASUs Effective 2019 and Beyond

New Lease Accounting Model (ASU 2016-02, Leases: Topic 842)

Goodwill Impairment Simplification (ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment)

Description Of Business And Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2018

Description Of Business And Segment Reporting [Abstract]

Summary Of Results Of Operations For Principal Business Segments


	Quarter Ended				Six Months Ended
(Dollars in thousands)	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Revenue:
Cinema exhibition	$	80,183	$	67,443	$	152,438	$	134,003
Real estate		6,385		6,933		12,342		11,431
Inter-segment elimination		(2,346)		(1,963)		(4,737)		(3,567)
	$	84,222	$	72,413	$	160,043	$	141,867
Segment operating income:
Cinema exhibition	$	12,494	$	9,788	$	22,779	$	18,879
Real estate		1,914		2,756		3,544		4,051
	$	14,408	$	12,544	$	26,323	$	22,930

Reconciliation To Net Income Attributable To Common Shareholders


	Quarter Ended				Six Months Ended
(Dollars in thousands)	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Segment operating income	$	14,408	$	12,544	$	26,323	$	22,930
Unallocated corporate expense
Depreciation and amortization expense		(104)		(110)		(221)		(214)
General and administrative expense		(5,730)		(4,674)		(11,886)		(9,425)
Interest expense, net		(1,790)		(1,787)		(3,384)		(3,647)
Equity earnings of unconsolidated joint ventures		331		264		588		518
Gain on sale of assets		--		9,417		--		9,417
Gain on insurance recoveries		--		9,217		--		9,217
Other income (expense)		(61)		27		(143)		848
Income before income tax expense	$	7,054	$	24,898	$	11,277	$	29,644

Summary Of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Summary Of Significant Accounting Policies [Abstract]

Effect of the Adoption of ASC 2014-09 and 606 on Financial Statements

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of ASU 2014-09 Revenue from Contracts with Customers were as follows:


(Dollars in thousands)		Balance at December 31, 2017	Adjustments due to ASU 2014-09	Balance at January 1, 2018
Assets
Deferred income taxes	$	24,908	(161)	24,747
Liabilities
Deferred current revenue	$	9,850	(355)	9,495
Stockholders' Equity
Retained earnings	$	32,679	194	32,873

In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our consolidated income statement and balance sheet was as follows:


		Quarter to June 30, 2018				Six months to June 30, 2018
(Dollars in thousands)		As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)		As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)
Revenues
Cinema	$	80,183	80,192	(9)	$	152,438	152,187	251
Income tax expense		(1,953)	(1,955)	(2)		(3,108)	(3,039)	69
Net income	$	4,999	5,006	(7)	$	8,045	7,863	182

(Dollars in thousands)						As Reported, June 30, 2018	Balances Without Adoption of ASC 606	Effect of change Higher / (Lower)
Assets
Deferred income taxes					$	25,776	25,845	(69)
Liabilities
Deferred current revenue					$	7,341	7,592	(251)
Stockholders' Equity
Retained earnings					$	40,918	40,736	182

Operations In Foreign Currency (Tables)

6 Months Ended

Jun. 30, 2018

Operations In Foreign Currency [Abstract]

Summary Of Currency Exchange Rates


	Foreign Currency / USD
	As of and for the quarter ended	As of and for the six months ended	As of and for the twelve months ended	As of and for the quarter ended	As of and for the six months ended
	June 30, 2018		December 31, 2017	June 30, 2017
Spot Rate
Australian Dollar	0.7399		0.7815	0.7676
New Zealand Dollar	0.6773		0.7100	0.7322
Average Rate
Australian Dollar	0.7569	0.7715	0.7670	0.7511	0.7547
New Zealand Dollar	0.7046	0.7161	0.7111	0.7049	0.7086

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings Per Share


	Quarter Ended				Six Months Ended
(Dollars in thousands, except share data)	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Numerator:
Net income attributable to RDI common stockholders	$	4,999	$	19,032	$	8,045	$	22,063
Denominator:
Weighted average number of common stock – basic	22,933,589		23,148,995		22,979,436		23,168,703
Weighted average dilutive impact of awards	213,784		247,148		213,784		247,148
Weighted average number of common stock – diluted	23,147,373		23,396,143		23,193,220		23,415,851
Basic EPS attributable to RDI common stockholders	$	0.22	$	0.82	$	0.35	$	0.95
Diluted EPS attributable to RDI common stockholders	$	0.22	$	0.81	$	0.35	$	0.94
Awards excluded from diluted EPS	126,840		149,841			126,840		149,841

Property And Equipment (Tables)

6 Months Ended

Jun. 30, 2018

Property And Equipment [Abstract]

Schedule Of Property And Equipment


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Land	$	77,420	$	76,457
Building and improvements		151,196		153,232
Leasehold improvements		55,457		48,481
Fixtures and equipment		159,752		145,033
Construction-in-progress		10,494		26,000
Total cost		454,319		449,203
Less: accumulated depreciation		(188,733)		(184,479)
Operating property, net	$	265,586	$	264,724

Summary Of Investment And Development Property


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Land	$	24,272	$	25,025
Building		1,900		1,900
Construction-in-progress (including capitalized interest)		47,870		34,329
Investment and development property	$	74,042	$	61,254

Construction-In-Progress Balance


(Dollars in thousands)		Balance, December 31, 2017		Additions during the period(1)		Completed during the period		Foreign currency translation		Balance, June 30, 2018
Union Square development	$	29,223	$	13,884	$	--	$	--	$	43,107
Newmarket Property development		370		545		(637)		(22)		256
Courtenay Central development		4,676		38		--		(217)		4,497
Cinema developments and improvements		19,015		8,206		(21,304)		(81)		5,836
Other real estate projects		7,045		2,544		(4,581)		(340)		4,668

Total	$	60,329	$	25,217	$	(26,522)	$	(660)	$	58,364

(1)

Includes capitalized interest of $800,000 and $1.1 million for the quarter and six months ended June 30, 2018, respectively.

Investments In Unconsolidated Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2018

Investments In Unconsolidated Joint Ventures [Abstract]

Summary Of The Investments In Unconsolidated Joint Ventures And Entities


		June 30,		December 31,
(Dollars in thousands)	Interest	2018		2017
Rialto Cinemas	50.0%	$	1,209	$	1,186
Mt. Gravatt	33.3%		3,903		4,118
Total investments		$	5,112	$	5,304

Summary Of Equity Earnings From Investments In Unconsolidated Joint Ventures And Entities


	Quarter Ended				Six Months Ended
		June 30,		June 30,		June 30,		June 30,
(Dollars in thousands)		2018		2017		2018		2017
Rialto Cinemas	$	83	$	22	$	153	$	61
Mt. Gravatt		248		242		435		457
Total equity earnings	$	331	$	264	$	588	$	518

Goodwill And Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill And Intangible Assets [Abstract]

Summary Of Goodwill


(Dollars in thousands)	Cinema		Real Estate		Total
Balance at December 31, 2017	$	15,052	$	5,224	$	20,276
Foreign currency translation adjustment		(590)		--		(590)
Balance at June 30, 2018	$	14,462	$	5,224	$	19,686

Summary Of Intangible Assets Other Than Goodwill


	As of June 30, 2018
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	28,702	$	7,255	$	1,137	$	37,094
Less: Accumulated amortization		(23,728)		(5,072)		(489)		(29,289)
Net intangible assets other than goodwill	$	4,974	$	2,183	$	648	$	7,805


	As of December 31, 2017
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	28,860	$	7,254	$	1,139	$	37,253
Less: Accumulated amortization		(23,292)		(4,936)		(483)		(28,711)
Net intangible assets other than goodwill	$	5,568	$	2,318	$	656	$	8,542

Summary Of Amortization Expense


	Quarter Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
(Dollars in thousands)	2018		2017		2018		2017
Beneficial lease amortization	$	292	$	353	$	499	$	657
Other amortization		94		105		189		207
Total intangible assets amortization	$	386	$	458	$	688	$	864

Prepaid And Other Assets (Tables)

6 Months Ended

Jun. 30, 2018

Prepaid And Other Assets [Abstract]

Summary Of Prepaid And Other Assets


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Prepaid and other current assets
Prepaid expenses	$	2,186	$	1,625
Prepaid rent		989		1,055
Prepaid taxes		2,252		653
Income taxes receivable		2,187		1,686
Deposits		243		243
Investment in marketable securities		43		46
Restricted cash		16		17
Total prepaid and other current assets	$	7,916	$	5,325
Other non-current assets
Straight-line rent		3,484		2,564
Other non-cinema and non-rental real estate assets		1,134		1,134
Investment in Reading International Trust I		838		838
Long-term deposits		--		7
Long-term restricted cash		1,802		--
Total other non-current assets	$	7,258	$	4,543

Debt (Tables)

6 Months Ended

Jun. 30, 2018

Debt [Abstract]

Summary Of Notes Payable


		As of June 30, 2018
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,574	6.36%	6.36%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		31,000		31,000	5.09%	5.09%
	Bank of America Line of Credit (USA)	October 31, 2019		5,000		--		--	5.08%	5.08%
	Bank of America digital projector loan (USA)	December 28, 2019		3,830		3,830		3,830	5.00%	5.00%
	Cinema 1, 2, 3 Term Loan (USA)(4)	September 1, 2019		19,294		19,294		18,975	3.25%	3.25%
	Minetta & Orpheum Theatres Loan (USA)(4)	November 1, 2018		7,500		7,500		7,476	4.75%	4.75%
	U.S. Corporate Office Term Loan (USA)(4)	January 1, 2027		9,609		9,609		9,479	4.64% / 4.44%	4.61%
	Union Square Construction Financing (USA)(4)	December 29, 2019		57,500		19,888		17,263	6.06% / 12.10%	8.52%
Denominated in foreign currency ("FC") (2)
	NAB Corporate Term Loan (AU)	December 31, 2019		49,203		42,729		42,670	3.02%	3.02%
	Westpac Bank Corporate (general/non-construction) Credit Facility (NZ)	December 31, 2019		23,706		--		-	3.70%	3.70%
	Westpac Bank Corporate (construction) Credit Facility (NZ)	December 31, 2018		12,191		--		--	3.70%	3.70%
			$	270,746	$	161,763	$	158,267

(1)

(2)

The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of June 30, 2018.

(3)

Net of deferred financing costs amounting to $3.5 million.

(4)


		As of December 31, 2017
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,554	5.38%	5.38%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		31,000		31,000	4.57%	4.57%
	Bank of America Line of Credit (USA)	October 31, 2019		5,000		--		--	4.57%	4.57%
	Cinema 1, 2, 3 Term Loan (USA)(4)	September 1, 2019		19,500		19,500		19,105	3.25%	3.25%
	Minetta & Orpheum Theatres Loan (USA)(4)	June 1, 2018		7,500		7,500		7,470	4.13%	4.13%
	U.S. Corporate Office Term Loan (USA)(4)	January 1, 2027		9,719		9,719		9,582	4.64% / 4.44%	4.61%
	Union Square Construction Financing (USA)(4)	December 29, 2019		57,500		8,000		5,033	5.81%	5.81%
Denominated in FC (2)
	NAB Corporate Loan Facility (AU)	June 30, 2019		51,970		30,869		30,781	3.66%	3.66%
	Westpac Bank Corporate (general/non-construction) Credit Facility (NZ)	December 31, 2019		24,850		--		--	3.70%	3.70%
	Westpac Bank Corporate (construction) Credit Facility (NZ)	December 31, 2018		12,780		--		--	3.70%	3.70%
			$	271,732	$	134,501	$	130,525

(1)

(2)

The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2017.

(3)

Net of deferred financing costs amounting to $4.0 million.

(4)

The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.

Schedule Of Long-term Debt Instruments, Net Of The Deferred Financing Costs


	Dollars in thousands
Balance Sheet Caption	June 30, 2018		December 31, 2017
Debt - current portion	$	10,747	$	8,109
Debt - long-term portion		119,946		94,862
Subordinated debt		27,574		27,554
Total borrowings	$	158,267	$	130,525

Schedule Of Construction Financing


(Dollars in thousands)		Facility Limits and Advances
Financing Component	Lender	Facility Limit		Advanced-to- Date		Remaining Facility		Interest Rate(1)	Maturity Date(2)
Mezzanine loan	Tammany Mezz Investor LLC	$	7,500	$	7,500	$	--	Greater of (i) 10.50% and (ii) Adjusted LIBOR + 10%	December 29, 2019
Senior loan, including building and project loan	Bank of the Ozarks		50,000		12,388		37,612	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Total Union Square Financing		$	57,500	$	19,888	$	37,612

(1)

Not to exceed the New York State maximum lawful borrowing rate, which typically is 16%.

(2)

Allowable for up to two (2) extension request options, one (1) year for each extension request.

Summary Of Other Liabilities Including Pension

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2018

Other Liabilities [Abstract]


(Dollars in thousands)	June 30, 2018		December 31, 2017
Current liabilities
Lease liability	$	5,900	$	5,900
Liability for demolition costs		2,654		2,781
Accrued pension		684		2,907
Security deposit payable		75		91
Other		29		--
Other current liabilities	$	9,342	$	11,679
Other liabilities
Straight-line rent liability	$	15,570	$	13,444
Lease make-good provision		5,612		5,648
Accrued pension		4,921		5,228
Environmental reserve		1,656		1,656
Deferred revenue - real estate		9		18
Acquired leases		137		186
Other		441		469
Other liabilities	$	28,346	$	26,649

Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2018

Accumulated Other Comprehensive Income [Abstract]

Summary Of Accumulated Other Comprehensive Income


(Dollars in thousands)	Foreign Currency Items		Unrealized Gain (Losses) on Available-for-Sale Investments		Accrued Pension Service Costs		Total
Balance at January 1, 2018	$	23,575	$	8	$	(2,592)	$	20,991
Net current-period other comprehensive (loss) income		(8,761)		(2)		104		(8,659)
Balance at June 30, 2018	$	14,814	$	6	$	(2,488)	$	12,332

Non-controlling Interests (Tables)

6 Months Ended

Jun. 30, 2018

Non-controlling Interests [Abstract]

Components Of Non-controlling Interests


	June 30,		December 31,
(Dollars in thousands)	2018		2017
Australian Country Cinemas, Pty Ltd	$	168	$	138
Shadow View Land and Farming, LLC		2,156		2,127
Sutton Hill Properties, LLC		2,081		2,066
Noncontrolling interests in consolidated subsidiaries	$	4,405	$	4,331

Components Of Income/(Loss) Attributable To Non-controlling Interest


	Quarter Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
(Dollars in thousands)	2018		2017		2018		2017
Australian Country Cinemas, Pty Ltd	$	93	$	68	$	133	$	113
Shadow View Land and Farming, LLC		(13)		(11)		(25)		(27)
Sutton Hill Properties, LLC		22		(37)		16		(54)
Net income attributable to noncontrolling interests	$	102	$	20	$	124	$	32

Summary Of Changes In Controlling And Non-controlling Stockholders’ Equity


(Dollars in thousands)		Controlling Stockholders’ Equity		Noncontrolling Stockholders’ Equity		Total Stockholders’ Equity
Equity at January 1, 2018	$	176,910	$	4,331	$	181,241
Adjustments to opening retained earnings on adoption of ASC 606		194		(2)		192
Net income		8,045		124		8,169
Increase in additional paid in capital		670		--		670
Treasury stock purchased		(397)		--		(397)
Contributions from noncontrolling stockholders		--		55		55
Distributions to noncontrolling stockholders		--		(93)		(93)
Sale of noncontrolling interest		--		--		--
Accumulated other comprehensive income		(8,659)		(10)		(8,669)
Equity at June 30, 2018	$	176,763	$	4,405	$	181,168

(Dollars in thousands)		Controlling Stockholders’ Equity		Noncontrolling Stockholders’ Equity		Total Stockholders’ Equity
Equity at January 1, 2017	$	142,197	$	4,418	$	146,615
Net income		22,063		32		22,095
Increase in additional paid in capital		610		--		610
Treasury stock purchased		(3,400)		--		(3,400)
Contributions from noncontrolling stockholders		--		49		49
Distributions to noncontrolling stockholders		--		(131)		(131)
Accumulated other comprehensive loss		8,489		13		8,502
Equity at June 30, 2017	$	169,959	$	4,381	$	174,340

Stock-Based Compensation And Stock Repurchases (Tables)

6 Months Ended

Jun. 30, 2018

Stock-Based Compensation And Stock Repurchases [Abstract]

Schedule Of Fair Value Of Options, Weighted Average Assumptions


	Six Months Ended June 30
	2018			2017
Stock option exercise price	$	16.40	$	15.97
Risk-free interest rate		2.56%		1.68%
Expected dividend yield		--		--
Expected option life in years		3.75		3.75
Expected volatility		24.99%		24.92%
Weighted average fair value	$	3.80	$	3.46

Schedule Of Stock Options Outstanding And Exercisable


	Outstanding Stock Options - Class A Shares
	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Years of Contractual Life	Aggregate Intrinsic Value
	Class A	Class A		Class A	Class A
Balance - December 31, 2016	535,077	$	9.84	2.61	$	3,615,191
Granted	169,762		15.94	--		--
Exercised	(177,750)		7.85	--		702,840
Forfeited	(2,500)		6.23	--		--
Balance - December 31, 2017	524,589	$	12.50	3.15	$	3,054,325
Granted	126,840		16.40	--		--
Exercised	(35,000)		5.79	--		321,749
Forfeited	--		--	--		--
Balance - June 30, 2018	616,429	$	13.68	3.25	$	2,193,858

Schedule Of Restricted Stock Units Issued And Vested


	Outstanding Restricted Stock Units
	RSU Grants (in units)		Total	Vested,	Unvested,
Grant Date	Directors	Management	Grants	June 30, 2018	June 30, 2018
March 10, 2016	35,147	27,381	62,528	48,837	13,691
April 11, 2016	--	5,625	5,625	1,406	4,219
March 23, 2017	30,681	32,463	63,144	46,912	16,232
August 29, 2017	--	7,394	7,394	--	7,394
January 2, 2018	29,393	--	29,393	--	29,393
April 12, 2018	--	29,596	29,596	--	29,596
April 13, 2018	--	14,669	14,669	--	14,669

Total	95,221	117,128	212,349	97,155	115,194

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2018

Fair Value Measurements [Abstract]

Schedule Of Fair Value Carried At Cost And Measured On A Nonrecurring Basis


			Fair Value Measurement at June 30, 2018
(Dollars in thousands)	Carrying Value(1)		Level 1		Level 2		Level 3		Total
Notes payable	$	133,850	$	--	$	--	$	133,585	$	133,585
Subordinated debt		27,913		--		--		17,695		17,695
	$	161,763	$	--	$	--	$	151,280	$	151,280


			Fair Value Measurement at December 31, 2017
(Dollars in thousands)	Carrying Value(1)		Level 1		Level 2		Level 3		Total
Notes payable	$	106,588	$	--	$	--	$	106,894	$	106,894
Subordinated debt		27,913		--		--		16,088		16,088
	$	134,501	$	--	$	--	$	122,982	$	122,982

(1)

These balances are presented before any deduction for deferred financing costs.

Description Of Business And Segment Reporting (Summary Of Results Of Operations For Principal Business Segments) (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

$ 84,222

$ 72,413

$ 160,043

$ 141,867

^[1]

Operating Segments [Member]

8,574

7,760

14,216

13,291

^[1]

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Inter-segment Elimination [Member]

14,408

12,544

26,323

22,930

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Cinema Exhibition [Member] | Operating Segments [Member]

(2,346)

(1,963)

(4,737)

(3,567)

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

80,183

67,443

152,438

134,003

Real Estate [Member] | Operating Segments [Member]

12,494

9,788

22,779

18,879

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

6,385

6,933

12,342

11,431

Segment Reporting Information [Line Items]

$ 1,914

$ 2,756

$ 3,544

$ 4,051

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Description Of Business And Segment Reporting (Reconciliation To Net Income Attributable To Common Shareholders) (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

Operating income

$ 8,574

$ 7,760

$ 14,216

$ 13,291

^[1]

Depreciation and amortization expense

(5,626)

(4,054)

(10,877)

(7,987)

^[1]

General and administrative expense

(7,165)

(6,118)

(14,761)

(12,291)

^[1]

Interest expense, net

(1,790)

(1,787)

(3,384)

(3,647)

^[1]

Income tax benefit (expense)

(1,953)

(5,846)

(3,108)

(7,549)

^[1]

Equity earnings of unconsolidated joint ventures

331

264

588

518

^[1]

Gain on sale of assets

9,417

^[1]

Gain on insurance recoveries

9,217

^[1]

Other income (expense)

(61)

(143)

848

^[1]

Income before income taxes

7,054

24,898

11,277

29,644

^[1]

Operating Segments [Member]

Segment Reporting Information [Line Items]

Operating income

14,408

12,544

26,323

22,930

Corporate, Non-segment [Member]

Segment Reporting Information [Line Items]

Depreciation and amortization expense

(104)

(110)

(221)

(214)

General and administrative expense

(5,730)

(4,674)

(11,886)

(9,425)

Interest expense, net

$ (1,790)

$ (1,787)

$ (3,384)

$ (3,647)

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Summary Of Significant Accounting Policies (Effect Of The Adoption Of ASC 2014-09 On Financial Statements) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income taxes	$ 25,776	$ 24,747	$ 24,908
Deferred current revenue	7,341	9,495	9,850
Retained earnings	$ 40,918	$ 32,873	32,679
Previously Reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income taxes			24,908
Deferred current revenue			9,850
Retained earnings			32,679
Adjustments Due To ASU 2014-09 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income taxes			(161)
Deferred current revenue			(355)
Retained earnings			$ 194

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

+ References + Details

Summary Of Significant Accounting Policies (Effect oO The Adoption Of ASC 606 On Financial Statements) (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

^[1]

Jan. 01, 2018

Dec. 31, 2017

$ 84,222

$ 72,413

$ 160,043

$ 141,867

(1,953)

(5,846)

(3,108)

(7,549)

Balances Without Adoption of ASC 606 [Member]

4,999

19,032

8,045

22,063

Deferred income taxes

25,776

$ 24,747

$ 24,908

Deferred current revenue

7,341

9,495

9,850

Retained earnings

40,918

$ 32,873

$ 32,679

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

(1,955)

(3,039)

Effect Of Change Higher/(Lower) [Member]

5,006

7,863

Deferred income taxes

25,845

Deferred current revenue

7,592

Retained earnings

40,736

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

(2)

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

(7)

182

Deferred income taxes

(69)

Deferred current revenue

(251)

Retained earnings

182

Cinema [Member]

Cinema [Member] | Balances Without Adoption of ASC 606 [Member]

80,183

$ 67,443

152,438

$ 134,003

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

Cinema [Member] | Effect Of Change Higher/(Lower) [Member]

80,192

152,187

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

Net income attributable to RDI common stockholders

$ (9)

$ 251

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Operations In Foreign Currency (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017 USD ($)	Sep. 01, 2017 AUD ($)
Operations In Foreign Currency [Abstract]
Short-term intercompany loan	$ 825,000	$ 21.1
Gain recognized on foreign currency transactions	$ 820,000

Operations In Foreign Currency (Summary Of Currency Exchange Rates) (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Australian Dollar [Member] \| Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.7399	0.7399	0.7676	0.7676	0.7815
Australian Dollar [Member] \| Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.7569	0.7511	0.7715	0.7547	0.7670
New Zealand Dollar [Member] \| Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6773	0.6773	0.7322	0.7322	0.7100
New Zealand Dollar [Member] \| Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.7046	0.7049	0.7161	0.7086	0.7111

Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

Earnings Per Share [Abstract]

$ 4,999

$ 19,032

$ 8,045

$ 22,063

^[1]

Weighted average number of common stock – basic

22,933,589

23,148,995

22,979,436

23,168,703

^[1]

Weighted average dilutive impact of awards

213,784

247,148

213,784

247,148

Weighted average number of common stock – diluted

23,147,373

23,396,143

23,193,220

23,415,851

^[1]

Basic EPS attributable to RDI common stockholders

$ 0.22

$ 0.82

$ 0.35

$ 0.95

^[1]

Diluted EPS attributable to RDI common stockholders

$ 0.22

$ 0.81

$ 0.35

$ 0.94

^[1]

Awards excluded from diluted EPS

126,840

149,841

126,840

149,841

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Property And Equipment (Narrative) (Details) $ in Millions								3 Months Ended		6 Months Ended
Property And Equipment (Narrative) (Details) $ in Millions	Jun. 13, 2018 AUD ($) m²	Dec. 14, 2017 AUD ($)	Dec. 14, 2017 USD ($)	Jun. 19, 2017 AUD ($)	Jun. 19, 2017 USD ($)	May 23, 2014 AUD ($)	May 23, 2014 USD ($)	Jun. 30, 2018 USD ($)	Jun. 30, 2017 USD ($)	Jun. 30, 2018 USD ($)	Jun. 30, 2017 USD ($)	Jun. 29, 2018 m²	Jun. 29, 2018 ft²	Jun. 29, 2018 m	Jun. 29, 2018 ft	Jun. 29, 2018 AUD ($)	Jun. 29, 2018 USD ($)	Jun. 13, 2018 ft²	Dec. 31, 2017 AUD ($)	Dec. 31, 2017 USD ($)
Property, Plant and Equipment [Line Items]
Depreciation expense for operating property \| $								$ 5.4	$ 3.5	$ 10.2	$ 7.3
Land At Cannon Park, Australia [Member]
Property, Plant and Equipment [Line Items]
Payment to acquire property \| $	$ 1
Area of property	15,150																	163,000
Property In Auburn, Australia [Member]
Property, Plant and Equipment [Line Items]
Sale price																$ 4,500,000	$ 3.5
Building [Member] \| Property In Auburn, Australia [Member]
Property, Plant and Equipment [Line Items]
Area of property \| ft²													16,830
Land [Member] \| Property In Auburn, Australia [Member]
Property, Plant and Equipment [Line Items]
Area of property \| ft²													20,870
Redyard ETC [Member] \| Land [Member] \| Property In Auburn, Australia [Member]
Property, Plant and Equipment [Line Items]
Area of property												48,309	519,992
Length of frontage														498	1,620
Disposal Group, Not Discontinued Operations [Member] \| Burwood [Member]
Property, Plant and Equipment [Line Items]
Proceeds from the sale property		$ 36,600,000	$ 28.1	$ 21,800,000	$ 16.6	$ 6,500,000	$ 5.9
Sale price																			$ 65,000,000	$ 50.6

Property And Equipment (Schedule Of Property And Equipment) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Property And Equipment [Abstract]
Land	$ 77,420	$ 76,457
Building and improvements	151,196	153,232
Leasehold improvements	55,457	48,481
Fixtures and equipment	159,752	145,033
Construction-in-progress	10,494	26,000
Total cost	454,319	449,203
Less: accumulated depreciation	(188,733)	(184,479)
Operating properties, net	$ 265,586	$ 264,724

Property And Equipment (Summary Of Investment And Development Property) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Investment and development property	$ 74,042	$ 61,254
Land [Member]
Property, Plant and Equipment [Line Items]
Investment and development property	24,272	25,025
Building [Member]
Property, Plant and Equipment [Line Items]
Investment and development property	1,900	1,900
Construction-In-Progress (including capitalized interest) [Member]
Property, Plant and Equipment [Line Items]
Investment and development property	$ 47,870	$ 34,329

Property And Equipment (Construction-In-Progress Balance) (Details) - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2018

$ 26,000,000

Capitalized interest charges

$ 10,494,000

10,494,000

800,000

1,100,000

Operating And Investing Properties [Member]

60,329,000

^[1]

25,217,000

(26,522,000)

(660,000)

Operating And Investing Properties [Member] | Union Square Development [Member]

58,364,000

29,223,000

^[1]

13,884,000

Operating And Investing Properties [Member] | Newmarket Property Development [Member]

43,107,000

370,000

^[1]

545,000

(637,000)

(22,000)

Operating And Investing Properties [Member] | Courtenay Central Development [Member]

256,000

4,676,000

^[1]

38,000

(217,000)

Operating And Investing Properties [Member] | Cinema Developments And Improvements [Member]

4,497,000

19,015,000

^[1]

8,206,000

(21,304,000)

(81,000)

Operating And Investing Properties [Member] | Other Real Estate Projects [Member]

5,836,000

7,045,000

^[1]

2,544,000

(4,581,000)

(340,000)

Schedule of Equity Method Investments [Line Items]

$ 4,668,000

[1]	Includes capitalized interest of $800,000 and $1.1 million for the quarter and six months ended June 30, 2018, respectively.

Investments In Unconsolidated Joint Ventures (Summary Of The Investments In Unconsolidated Joint Ventures And Entities) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]
Total investments	$ 5,112	$ 5,304
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Interest	50.00%
Total investments	$ 1,209	1,186
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Interest	33.30%
Total investments	$ 3,903	$ 4,118

Investments In Unconsolidated Joint Ventures (Summary Of Equity Earnings From Investments In Unconsolidated Joint Ventures And Entities) (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

Total equity earnings

$ 331

$ 264

$ 588

$ 518

^[1]

Rialto Cinemas [Member]

Schedule of Equity Method Investments [Line Items]

Total equity earnings

153

Mt. Gravatt [Member]

Schedule of Equity Method Investments [Line Items]

Total equity earnings

$ 248

$ 242

$ 435

$ 457

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Goodwill And Intangible Assets (Narrative) (Details)	6 Months Ended
Goodwill And Intangible Assets (Narrative) (Details)	Jun. 30, 2018
Beneficial Leases [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful life	30 years
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful life	45 years
Other Amortization [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful life	30 years

Goodwill And Intangible Assets (Summary Of Goodwill) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018 USD ($)
Goodwill [Line Items]
Beginning balance	$ 20,276
Foreign currency translation adjustment	(590)
Ending balance	19,686
Cinema [Member]
Goodwill [Line Items]
Beginning balance	15,052
Foreign currency translation adjustment	(590)
Ending balance	14,462
Real Estate [Member]
Goodwill [Line Items]
Beginning balance	5,224
Foreign currency translation adjustment
Ending balance	$ 5,224

Goodwill And Intangible Assets (Summary Of Intangible Assets Other Than Goodwill) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 37,094	$ 37,253
Less: Accumulated amortization	(29,289)	(28,711)
Net intangible assets other than goodwill	7,805	8,542
Beneficial Leases [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	28,702	28,860
Less: Accumulated amortization	(23,728)	(23,292)
Net intangible assets other than goodwill	4,974	5,568
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	7,255	7,254
Less: Accumulated amortization	(5,072)	(4,936)
Net intangible assets other than goodwill	2,183	2,318
Other Amortization [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,137	1,139
Less: Accumulated amortization	(489)	(483)
Net intangible assets other than goodwill	$ 648	$ 656

Goodwill And Intangible Assets (Summary Of Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization	$ 386	$ 458	$ 688	$ 864
Beneficial Lease Amortization [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization	292	353	499	657
Other Amortization [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization	$ 94	$ 105	$ 189	$ 207

Prepaid And Other Assets (Summary Of Prepaid And Other Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Prepaid And Other Assets [Abstract]
Prepaid expenses	$ 2,186	$ 1,625
Prepaid rent	989	1,055
Prepaid taxes	2,252	653
Income taxes receivable	2,187	1,686
Deposits	243	243
Investment in marketable securities	43	46
Restricted cash	16	17
Total prepaid and other current assets	7,916	5,325
Straight-line rent	3,484	2,564
Other non-cinema and non-rental real estate assets	1,134	1,134
Investment in Reading International Trust I	838	838
Long-term deposits		7
Long-term restricted cash	1,802
Total other non-current assets	$ 7,258	$ 4,543

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Income Taxes [Abstract]
Federal tax rate	21.00%		35.00%
Provisional tax expense	$ 13.0
Net deferred tax assets	8.3
One-time mandatory repatriation tax	$ 4.7
Effective tax rate	27.60%	25.50%

Debt (Cinemas 1, 2, 3 Term Loan And Line Of Credit) (Narrative) (Details) - USD ($)
$ in Thousands

6 Months Ended

12 Months Ended

Aug. 31, 2016

Jun. 30, 2018

Dec. 31, 2017

US Cinema 1, 2, 3 Term Loan [Member]

$ 270,746

$ 271,732

$ 19,294

^[1]

$ 19,500

^[2]

US Cinema 1, 2, 3 Term Loan [Member] | Sutton Hill Properties, LLC [Member]

Sep. 01, 2019

^[1]

Sep. 01, 2019

^[2]

Line of credit facility, maximum borrowing capacity

75.00%

$ 15,000

Sep. 01, 2019

3.25%

$ 20,000

[1]

[2]

The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.

Debt (Bank Of America Credit Facility) (Narrative) (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
	Mar. 03, 2016	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Contractual facility		$ 270,746	$ 271,732
US Bank Of America Credit Facility [Member]
Debt Instrument [Line Items]
Contractual facility	$ 55,000	$ 55,000	$ 55,000
Reduced leverage ratio	0.25%
Earliest period subjected to repayment of borrowings		18 months

Debt (Bank Of America Line Of Credit) (Narrative) (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
US Bank Of America Line Of Credit [Member]
Debt Instrument [Line Items]
Maturity date	Oct. 31, 2019	Oct. 31, 2019

Debt (U.S. Corporate Office Term Loan) (Narrative) (Details) - USD ($)
$ in Thousands

6 Months Ended

12 Months Ended

Jun. 26, 2017

Dec. 13, 2016

Jun. 30, 2018

Dec. 31, 2017

U.S. Corporate Office Term Loan [Member]

$ 270,746

$ 271,732

Debt instrument term

10 years

$ 8,400

$ 9,609

^[1]

$ 9,719

^[2]

4.44%

4.64%

Debt increase

$ 1,500

[1]

[2]

The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.

Debt (Union Square Construction Financing) (Narrative) (Details)
$ in Thousands

6 Months Ended

12 Months Ended

Dec. 29, 2016

USD ($)

loan

Jun. 30, 2018

USD ($)

Dec. 31, 2017

USD ($)

Union Square Construction Financing [Member]

$ 270,746

$ 271,732

$ 57,500

57,500

^[1]

$ 57,500

^[2]

19,888

Union Square Construction Financing [Member] | Non-Mezzanine Loan [Member]

57,500

Union Square Construction Financing [Member] | Senior Loan [Member]

4,400

Union Square Construction Financing [Member] | Bank Of The Ozarks [Member]

7,500

Number of loan tranches | loan

$ 50,000

$ 8,000

Union Square Construction Financing [Member] | Tammany Mezz Investor, LLC [Member] | Mezzanine Loan [Member]

8,000

$ 7,500

7,500

$ 7,500

[1]

[2]

The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.

Debt (Westpac Bank Corporate Credit Facility) (Narrative) (Details) $ in Thousands, $ in Millions				6 Months Ended	12 Months Ended
	Apr. 26, 2017 NZD ($)	Apr. 26, 2017 USD ($)	Apr. 25, 2017	Jun. 30, 2018 USD ($)	Dec. 31, 2017 USD ($)
Debt Instrument [Line Items]
Contractual facility				$ 270,746	$ 271,732
Westpac Bank Corporate Credit Facility, Tranch 1 [Member]
Debt Instrument [Line Items]
Contractual facility	$ 53.0	$ 35,900
Maturity date	Dec. 31, 2018	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2019

Debt (Bank of America Digital Projector Loan) (Narrative) (Details) - USD ($) $ in Thousands		2 Months Ended	6 Months Ended	12 Months Ended
	Feb. 05, 2018	Apr. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Contractual facility			$ 270,746	$ 271,732
Bank Of America Digital Projector Loan [Member]
Debt Instrument [Line Items]
Contractual facility	$ 4,600	$ 4,900
Interest rate	5.00%

Debt (Summary Of Notes Payable) (Details) - USD ($)

6 Months Ended

12 Months Ended

Jun. 26, 2017

Dec. 29, 2016

Dec. 13, 2016

Mar. 03, 2016

Jun. 30, 2018

Dec. 31, 2017

$ 270,746,000

$ 271,732,000

161,763,000

134,501,000

Deferred financing costs, net

158,267,000

^[1]

130,525,000

^[2]

$ 3,500,000

$ 4,000,000

Trust Preferred Securities [Member]

Apr. 30, 2027

$ 27,913,000

27,913,000

$ 27,574,000

^[1]

$ 27,554,000

^[2]

6.36%

5.38%

US Bank Of America Credit Facility [Member]

6.36%

^[3]

5.38%

^[4]

Nov. 28, 2019

$ 55,000,000

31,000,000

$ 31,000,000

^[1]

$ 31,000,000

^[2]

5.09%

4.57%

US Bank Of America Line Of Credit [Member]

5.09%

^[3]

4.57%

^[4]

Oct. 31, 2019

$ 5,000,000

5.08%

4.57%

US Bank Of America Digital Projector Loan [Member]

5.08%

^[3]

4.57%

^[4]

Dec. 28, 2019

$ 3,830,000

3,830,000

^[1]

$ 3,830,000

5.00%

US Cinema 1, 2, 3 Term Loan [Member]

^[3]

5.00%

Sep. 01, 2019

^[5]

Sep. 01, 2019

^[6]

$ 19,294,000

^[5]

$ 19,500,000

^[6]

19,294,000

^[5]

19,500,000

^[6]

$ 18,975,000

^[1],[5]

$ 19,105,000

^[2],[6]

3.25%

^[5]

3.25%

^[6]

Minetta And Orpheum Theatres Loan [Member]

3.25%

^[3],[5]

3.25%

^[4],[6]

Nov. 01, 2018

^[5]

Jun. 01, 2018

^[6]

$ 7,500,000

^[5]

$ 7,500,000

^[6]

7,500,000

^[5]

7,500,000

^[6]

$ 7,476,000

^[1],[5]

$ 7,470,000

^[2],[6]

4.75%

^[5]

4.13%

^[6]

U.S. Corporate Office Term Loan [Member]

4.75%

^[3],[5]

4.13%

^[4],[6]

Jan. 01, 2027

^[5]

Jan. 01, 2027

^[6]

$ 8,400,000

$ 9,609,000

^[5]

$ 9,719,000

^[6]

9,609,000

^[5]

9,719,000

^[6]

$ 9,479,000

^[1],[5]

$ 9,582,000

^[2],[6]

Additional amount borrowed

4.61%

^[3],[5]

4.61%

^[4],[6]

Debt increase

$ 1,500,000

$ 0

Union Square Construction Financing [Member]

Dec. 29, 2019

^[5]

Dec. 29, 2019

^[6]

$ 57,500,000

^[5]

$ 57,500,000

^[6]

19,888,000

^[5]

8,000,000

^[6]

$ 17,263,000

^[1],[5]

$ 5,033,000

^[2],[6]

^[6]

5.81%

Additional amount borrowed

8.52%

^[3],[5]

5.81%

^[4],[6]

$ 11,900,000

NAB Corporate Term Loan [Member]

^[7]

Dec. 31, 2019

^[7]

$ 49,203,000

^[7]

42,729,000

^[1],[7]

$ 42,670,000

^[7]

3.02%

NAB Corporate Loan Facility [Member]

^[3],[7]

3.02%

^[8]

Jun. 30, 2019

^[8]

$ 51,970,000

^[8]

30,869,000

^[2],[8]

$ 30,781,000

^[8]

3.66%

Westpac Bank Corporate (General/Non-construction) Credit Facility [Member]

^[4],[8]

3.66%

Dec. 31, 2019

^[7]

Dec. 31, 2019

^[8]

$ 23,706,000

^[7]

$ 24,850,000

^[8]

3.70%

^[7]

3.70%

^[8]

Westpac Bank Corporate (Construction) Credit Facility [Member]

3.70%

^[3],[7]

3.70%

^[4],[8]

Dec. 31, 2018

^[7]

Dec. 31, 2018

^[8]

$ 12,191,000

^[7]

$ 12,780,000

^[8]

3.70%

^[7]

3.70%

^[8]

Minimum [Member] | U.S. Corporate Office Term Loan [Member]

3.70%

^[3],[7]

3.70%

^[4],[8]

Minimum [Member] | Union Square Construction Financing [Member]

4.44%

Maximum [Member] | U.S. Corporate Office Term Loan [Member]

6.06%

Maximum [Member] | Union Square Construction Financing [Member]

4.64%

12.10%

[1]	Net of deferred financing costs amounting to $3.5 million.
[2]	Net of deferred financing costs amounting to $4.0 million.
[3]	Both interest rate derivatives associated with the Trust Preferred Securities and Bank of America Credit Facility expired in October 2017 so the effective interest rate no longer applies as of June 30, 2018.
[4]	Both interest rate derivatives associated with the Trust Preferred Securities and Bank of America Credit Facility expired in October 2017 so the effective interest rate no longer applies as of December 31, 2017.
[5]	The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance Inc. The loan for our Minetta and Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of June 30, 2018 an additional $11.9 million had been advanced.
[6]	The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.
[7]	The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of June 30, 2018.
[8]	The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2017.

Debt (Schedule Of Long-term Debt Instruments, Net Of The Deferred Financing Costs) (Details) - USD ($)
$ in Thousands

Jun. 30, 2018

Dec. 31, 2017

Debt [Abstract]

Debt – current portion

$ 10,747

$ 8,109

Debt – long-term portion

119,946

94,862

Subordinated debt

27,574

27,554

Total borrowings

$ 158,267

^[1]

$ 130,525

^[2]

[1]	Net of deferred financing costs amounting to $3.5 million.
[2]	Net of deferred financing costs amounting to $4.0 million.

Debt (Schedule of Construction Financing) (Details) - Union Square Construction Financing [Member]
$ in Thousands

6 Months Ended

12 Months Ended

Jun. 30, 2018

USD ($)

item

Dec. 31, 2017

^[2]

Dec. 29, 2016

USD ($)

Number of extension options | item

$ 57,500

19,888

$ 37,612

Dec. 29, 2019

^[1]

Dec. 29, 2019

Extension period

1 year

Senior Loan [Member]

Tammany Mezz Investor, LLC [Member] | Mezzanine Loan [Member]

$ 7,500

Bank Of The Ozarks [Member]

7,500

$ 7,500

10.00%

^[3]

Dec. 29, 2019

$ 8,000

Bank Of The Ozarks [Member] | Senior Loan [Member]

$ 8,000

Bank Of The Ozarks [Member] | Senior Loans, Including Building And Project Loan [Member]

Spread over LIBOR

4.25%

Minimum [Member] | Tammany Mezz Investor, LLC [Member] | Mezzanine Loan [Member]

$ 50,000

12,388

$ 37,612

^[3]

Dec. 29, 2019

Minimum [Member] | Bank Of The Ozarks [Member] | Senior Loan [Member]

10.50%

Maximum [Member] | New York State [Member]

4.75%

16.00%

[1]	The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance Inc. The loan for our Minetta and Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of June 30, 2018 an additional $11.9 million had been advanced.
[2]	The term loan for our Cinema 1,2,3 Theatre was refinanced during the third quarter of 2016 with Valley National Bank. The term loan, which is collateralized by our new U.S Corporate Headquarters office building, was obtained with Citizens Asset Finance, Inc.. The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. In December 2016, we completed the negotiation of the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million on December 29, 2016. As of December 31, 2017 no further advances had been made under this financing agreement.
[3]	Allowable for up to two (2) extension request options, one (1) year for each extension request.

Other Liabilities (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
Other Liabilities (Narrative) (Details) - USD ($)	Feb. 28, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Aug. 29, 2014
Other Liabilities [Line Items]
Accrued pension costs		$ 4,921,000		$ 4,921,000		$ 5,228,000	$ 7,500,000
Service cost		0	$ 0	0	$ 0
Interest cost		45,000	45,000	90,000	90,000
Actuarial loss (gain)		52,000	$ 51,000	104,000	$ 103,000
Benefit obligation		$ 10,200,000		$ 10,200,000
Discount rate		4.25%		4.25%
Discount term				15 years
Monthly estate payment amount		$ 57,000		$ 57,000
Discounted value		2,700,000		2,700,000
Accumulated prior service cost		3,100,000		$ 3,100,000
Accumulated prior service cost amortization period				15 years
Accrued pension costs included in other liabilities		$ 5,600,000		$ 5,600,000
Payment related to annuity	$ 2,400,000
Payment period				42 months
Supplemental Executive Retirement Plans [Member]
Other Liabilities [Line Items]
Accrued pension costs							$ 7,600,000

Other Liabilities (Summary Of Other Liabilities Including Pension) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Aug. 29, 2014
Other Liabilities [Abstract]
Lease liability	$ 5,900	$ 5,900
Liability for demolition costs	2,654	2,781
Accrued pension	684	2,907
Security deposit payable	75	91
Other	29
Other current liabilities	9,342	11,679
Straight-line rent liability	15,570	13,444
Lease make-good provision	5,612	5,648
Accrued pension	4,921	5,228	$ 7,500
Environmental reserve	1,656	1,656
Deferred revenue - real estate	9	18
Acquired leases	137	186
Other	441	469
Other liabilities	$ 28,346	$ 26,649

Accumulated Other Comprehensive Income (Summary Of Accumulated Other Comprehensive Income) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018 USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ 20,991
Net current-period other comprehensive (loss)	(8,659)
Balance	12,332
Foreign Currency Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	23,575
Net current-period other comprehensive (loss)	(8,761)
Balance	14,814
Unrealized Gain (Losses) On Available-For-Sale Investments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	8
Net current-period other comprehensive (loss)	(2)
Balance	6
Accrued Pension Service Costs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(2,592)
Net current-period other comprehensive (loss)	104
Balance	$ (2,488)

Commitments And Contingencies (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	6 Months Ended		12 Months Ended
	Apr. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	May 31, 2016
Cotter, Jr. Related Litigation Matters [Member]
Commitments And Contingencies [Line Items]
Litigation expense		$ 2.6	$ 1.2	$ 4.0
Coverage limit		$ 10.0
The STOMP Arbitration [Member]
Commitments And Contingencies [Line Items]
Settlement awarded	$ 2.3
Class B [Member] \| Cotter Estate [Member] \| Cotter, Jr. Related Litigation Matters [Member]
Commitments And Contingencies [Line Items]
Shares held by estate		427,808			327,808
Class B [Member] \| Cotter Estate [Member] \| Cotter, Jr. Related Litigation Matters [Member] \| Maximum [Member]
Commitments And Contingencies [Line Items]
Additional voting stock that may be awarded		25.50%
Class B [Member] \| Cotter Trust [Member] \| Cotter, Jr. Related Litigation Matters [Member]
Commitments And Contingencies [Line Items]
Shares held by estate		696,080			696,080
Voting stock percent		41.40%
Class B [Member] \| Cotter Voting Trust [Member] \| Cotter, Jr. Related Litigation Matters [Member]
Commitments And Contingencies [Line Items]
Voting stock percent		66.90%

Non-controlling Interests (Narrative) (Details)	Jun. 30, 2018
Australian Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	25.00%
Sutton Hill Properties, LLC [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	25.00%
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	50.00%
Sutton Hill Capital, LLC [Member]
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling interest	50.00%

Non-controlling Interests (Components Of Non-controlling Interests) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	$ 4,405	$ 4,331
Australian Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	168	138
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	2,156	2,127
Sutton Hill Properties, LLC [Member]
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	$ 2,081	$ 2,066

Non-controlling Interests (Components Of Income/(Loss) Attributable To Non-controlling Interest) (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

Net income attributable to noncontrolling interests

$ 102

$ 20

^[1]

$ 124

$ 32

^[1]

Australian Country Cinemas, Pty Ltd [Member]

Net income attributable to noncontrolling interests

133

113

Shadow View Land And Farming, LLC [Member]

Net income attributable to noncontrolling interests

(13)

(11)

(25)

(27)

Sutton Hill Properties, LLC [Member]

Net income attributable to noncontrolling interests

$ 22

$ (37)

$ 16

$ (54)

[1]	Certain prior year balances have been reclassified to conform to the 2018 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).

Noncontrolling Interests (Summary Of Changes In Controlling And Non-controlling Stockholders’ Equity) (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

$ 181,241

$ 5,101

$ 19,052

^[1]

8,169

$ 22,095

^[1]

(93)

(133)

(13)

^[1]

Controlling Stockholders' Equity [Member]

181,168

Adjustments to opening retained earnings on adoption of ASC 606

176,910

142,197

194

Increase in additional paid in capital

8,045

22,063

670

610

Treasury stock purchased

(397)

(3,400)

Contributions from noncontrolling stockholders

Sale of noncontrolling interest

(8,659)

8,489

Noncontrolling Stockholders' Equity [Member]

176,763

169,959

176,763

169,959

Adjustments to opening retained earnings on adoption of ASC 606

4,331

4,418

(2)

Increase in additional paid in capital

124

Treasury stock purchased

Contributions from noncontrolling stockholders

Sale of noncontrolling interest

(93)

(131)

(10)

Total Stockholders' Equity [Member]

4,405

4,381

4,405

4,381

Adjustments to opening retained earnings on adoption of ASC 606

181,241

146,615

192

Increase in additional paid in capital

8,169

22,095

670

610

Treasury stock purchased

(397)

(3,400)

Contributions from noncontrolling stockholders

(93)

(131)

(8,669)

8,502