v3.20.4
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES - Covid 19 impact (Details)
$ / shares in Units, € in Millions, £ in Millions, $ in Millions
1 Months Ended 12 Months Ended
Feb. 15, 2021
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Feb. 15, 2021
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Jan. 25, 2021
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Jul. 31, 2020
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Jan. 31, 2021
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Dec. 31, 2020
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Jul. 31, 2020
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Dec. 31, 2020
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Dec. 31, 2019
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Dec. 31, 2018
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Apr. 01, 2022
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Apr. 01, 2022
EUR (€)
Mar. 08, 2021
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Feb. 15, 2021
USD ($)
Feb. 15, 2021
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Feb. 15, 2021
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Dec. 11, 2020
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Nov. 10, 2020
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Oct. 20, 2020
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Sep. 24, 2020
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Apr. 30, 2020
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Mar. 31, 2020
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THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Theatre attendance percentage needed to maintain operations by the fourth quarter 2020 through the first quarter 2022               90.00%                            
Dividend decrease per share | $ / shares                                           $ 0.17
Payment of deferred financing costs               $ 15.4 $ 11.9 $ 15.5                        
Debt exchange amount       $ 1,700.0     $ 1,700.0                              
Amortization of net discount (premium) on corporate borrowings to interest expense               (22.0) 11.3 0.2                        
Payment of accrued and unpaid interest               15.4 $ 11.9 $ 15.5                        
Deferred rent obligations           $ 450.0   450.0                            
Debt Agreement with Mudrick Capital Management, LP [Member]                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount           $ 100.0   100.0                            
Class A common stock                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Gross proceeds               $ 264.7                            
Number of shares authorized | shares           524,173,073   524,173,073 524,173,073                          
Class A common stock | Equity Distribution Agreement [Member]                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of shares issued | shares               90,955,685                            
Gross proceeds               $ 272.8                            
Sales agents fees paid               $ 8.1                            
Number of shares authorized | shares                                 178,000,000.0 20,000,000 15,000,000 15,000,000    
Class A common stock | At-the-market equity offerings                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of shares issued | shares         187,000,000.0     91,000,000.0                            
Gross proceeds         $ 596.9     $ 272.8                            
Sales agents fees paid         $ 14.9     $ 6.8                            
Odeon Revolving Credit Facility Due 2022 - 2.5785%                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Stated interest rate (as a percent)           2.5785%   2.5785%                            
10.5 % First Lien Notes due 2025                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount                                         $ 500.0  
Stated interest rate (as a percent)                                         10.50%  
Proceeds from issuance of First Lien Notes               $ 490.0                            
First Lien Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Proceeds from issuance of First Lien Notes             270.0                              
Second Lien Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount       $ 1,460.0     $ 1,460.0                              
10.5 % First Lien Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Stated interest rate (as a percent)       10.50%     10.50%                              
Proceeds from issuance of First Lien Notes               270.0                            
Senior Subordinated Notes                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount       $ 1,782.5   $ 235.0 $ 1,782.5 $ 235.0                            
Amount exchanged             2,020.0                              
Reduction in principal amount       555.0     555.0                              
Amount of debt with extended maturities       $ 1,700.0     $ 1,700.0                              
Second Lien Notes due 2026 | Class A common stock                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Amount exchanged           $ 104.5                                
Shares issued on conversion | shares           21,978,022                                
2.95% Senior Secured Convertible Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Stated interest rate (as a percent)         2.95% 2.95%   2.95% 2.95%                          
Amount exchanged         $ 600.0                                  
2.95% Senior Secured Convertible Notes due 2026 | Class A common stock                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Shares issued on conversion | shares         44,422,860                                  
Conversion rate (in dollars per share) | $ / shares         $ 13.51                                  
Annual cash interest expense         $ 17.7                                  
Senior Secured Credit Facility                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Amount of minimum liquidity requirements                     $ 145.0                      
Aggregate principal amount                     100.0                      
Odean Term Loan Facility                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount                     $ 45.0 € 32.5                    
Minimum | Debt Agreement with Mudrick Capital Management, LP [Member]                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Stated interest rate (as a percent)           15.00%   15.00%                            
Minimum | Second Lien Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Stated interest rate (as a percent)       10.00%     10.00%                              
Minimum | Senior Subordinated Notes                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Cash savings due to interest paid in cash or in-kind       $ 120.0                                    
Maximum | Debt Agreement with Mudrick Capital Management, LP [Member]                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Stated interest rate (as a percent)           17.00%   17.00%                            
Maximum | Second Lien Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Stated interest rate (as a percent)       12.00%     12.00%                              
Maximum | Senior Subordinated Notes                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Cash savings due to interest paid in cash or in-kind       $ 180.0                                    
Covid 19                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Cash savings from dividend decrease           $ 77.6   $ 77.6                            
Covid 19 | Minimum                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Salary reduction percentage               20.00%                            
Covid 19 | Maximum                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Salary reduction percentage               100.00%                            
Subsequent Events | Class A common stock | Equity Distribution Agreement [Member]                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of shares issued | shares     50,000,000   187,066,293                                  
Gross proceeds     $ 582.0   $ 596.9                                  
Sales agents fees paid         $ 14.9                                  
Subsequent Events | Senior Secured Credit Facility                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Amount of minimum liquidity requirements                         $ 100.0                  
Subsequent Events | Odeon Cinemas Group Limited | 140.0 million term loan facility agreement                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount                           $ 140.0 £ 140.0 € 140.0            
Repayments £ 89.7 € 89.7                                        
Subsequent Events | Odeon Cinemas Group Limited | 296.0 million term loan facility agreement                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount                           296.0   296.0            
Repayments | €   € 12.8                                        
Subsequent Events | Odeon Cinemas Group Limited | Odean Term Loan Facility                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount                           $ 45.0   € 32.5            
Stated interest rate (as a percent)                           10.75% 10.75% 10.75%            
Subsequent Events | Maximum | Class A common stock | Equity Distribution Agreement [Member]                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of shares authorized | shares     50,000,000