v3.26.1
Non-controlling Interests
 12 Months Ended
Dec. 31, 2025
Non-controlling Interests [Abstract]  
Non-controlling Interests NOTE 16 – NON-CONTROLLING INTERESTS

As of December 31, 2025, the non-controlling interests in our consolidated subsidiaries are comprised of the following:

Australia Country Cinemas Pty Ltd. – 25% non-controlling interest owned by Panorama Group International Pty.;

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

The components of non-controlling interest are as follows:

December 31,

(Dollars in thousands)

2025

2024

Australian Country Cinemas, Pty Ltd

$

143

$

128

Shadow View Land and Farming, LLC

(2)

(2)

Sutton Hill Properties, LLC

—

(552)

Non-controlling interests in consolidated subsidiaries

$

141

$

(426)

The components of income/(loss) attributable to non-controlling interests are as follows:

(Dollars in thousands)

2025

2024

2023

Australian Country Cinemas, Pty Ltd

$

62

$

61

$

51

Shadow View Land and Farming, LLC

—

—

1

Sutton Hill Properties, LLC

(574)

(658)

(564)

Net income (loss) attributable to non-controlling interests in consolidated subsidiaries

$

(512)

$

(597)

$

(512)

Sutton Hill Properties, LLC

In December 2025, we acquired the 25% interest in Sutton Hill Properties that we did not already own via the acquisition of Sutton Hill Associates. See Note 21 – Related Parties.

Shadow View Land and Farming, LLC

On March 5, 2021, Shadow View Land and Farming, LLC, sold its only asset, being certain land holdings in Coachella, California, for $11.0 million and is currently in the process of winding up and liquidating.