v3.21.1
BASIS OF PRESENTATION - Covid 19 impact (Details)
$ / shares in Units, € in Millions, £ in Millions, $ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
May 05, 2021
USD ($)
shares
Apr. 27, 2021
$ / shares
shares
Feb. 15, 2021
GBP (£)
Feb. 15, 2021
EUR (€)
Jan. 01, 2021
item
Feb. 28, 2021
GBP (£)
Feb. 28, 2021
EUR (€)
Jan. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Jul. 31, 2020
USD ($)
Mar. 31, 2021
USD ($)
item
$ / shares
shares
Mar. 31, 2020
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Jun. 30, 2022
USD ($)
Jun. 30, 2022
GBP (£)
Mar. 31, 2021
GBP (£)
shares
Mar. 08, 2021
USD ($)
Feb. 28, 2021
EUR (€)
Feb. 15, 2021
EUR (€)
Jan. 25, 2021
$ / shares
shares
Dec. 11, 2020
$ / shares
shares
Apr. 30, 2020
USD ($)
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Percentage of decline in screens operated                     24.20%                      
Theatre attendance percentage needed to maintain operations by the fourth quarter 2021 through the first and second quarters 2022                     85.00%                      
Dividend decrease per share | $ / shares                       $ 0.17                    
Other fees                     $ 19.0 $ 0.1                    
Amortization of net discount (premium) on corporate borrowings to interest expense                     42.3 $ 3.1                    
Deferred rent obligations                     473.0                      
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                     $ 581.6                      
Common stock, par value (in dollars per share) | $ / shares                 $ 0.01   $ 0.01   $ 0.01                  
Number of shares authorized | shares                 524,173,073   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                     187,066,293                      
Other fees                     $ 0.4                      
Gross proceeds                     596.9                      
Sales agents fees paid                     $ 14.9                      
Common stock, par value (in dollars per share) | $ / shares                                       $ 0.01 $ 0.01  
Number of shares authorized | shares                                       50,000,000.0 178,000,000.0  
Class A common stock | At-the-market equity offerings                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of shares issued | shares               187,100,000         91,000,000.0                  
Other fees               $ 0.4                            
Gross proceeds               596.9         $ 272.8                  
Sales agents fees paid               $ 14.9         $ 6.8                  
International markets                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of theatres reopened | item         109           97                      
Percentage of theatres reopened         30.00%           27.00%                      
U.S.                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of theatres reopened | item         394           585                      
Percentage of theatres reopened         67.00%           99.00%                      
First Lien Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Proceeds from First Lien Toggle Notes due 2026                   $ 270.0                        
Second Lien Subordinated Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount                   $ 1,460.0                        
Stated interest rate (as a percent)                   10.00%                        
PIK interest rate (as a percent)                   12.00%                        
10.5 % First Lien Notes due 2026                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount                                           $ 500.0
Stated interest rate (as a percent)                   10.50%                       10.50%
Senior Subordinated Notes                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Conversion amount                   $ 2,020.0                        
Reduction in principal amount                   555.0                        
Amount of debt with extended maturities                   $ 1,700.0                        
Second Lien Notes due 2026 | Class A common stock                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Conversion amount                 $ 104.5                          
Shares issued as consideration | 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%     2.95%            
Conversion amount               $ 600.0                            
Conversion price (in dollars per share) | $ / shares               $ 13.51                            
2.95% Senior Secured Convertible Notes due 2026 | Class A common stock                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Shares issued as consideration | shares               44,422,860                            
Annual cash interest expense               $ 17.7                            
Senior Secured Credit Facility                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Amount of minimum liquidity requirements                           $ 145.0     $ 100.0          
Aggregate principal amount                           100.0                
Odean Term Loan Facility                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Amount of minimum liquidity requirements                     $ 45.0         £ 32.5            
Aggregate principal amount                           $ 45.0 £ 32.5              
Amortization of net discount (premium) on corporate borrowings to interest expense                     19.1                      
Odeon Cinemas Group Limited | 140.0 million term loan facility agreement                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Aggregate principal amount | £     £ 140.0     £ 140.0                                
Repayments | £     £ 89.7     £ 89.7                                
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     € 12.8                              
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%                  
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%                  
Covid 19                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Cash savings from dividend decrease                     $ 4.3                      
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                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of shares issued | shares 15,500,000                                          
Gross proceeds $ 153.0                                          
Sales agents fees paid $ 3.8                                          
Common stock, par value (in dollars per share) | $ / shares   $ 0.01                                        
Increase in authorized capital | shares   500,000,000                                        
Number of shares authorized | shares   1,024,173,073                                        
Subsequent Events | Class A common stock | Equity Distribution Agreement [Member]                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Common stock, par value (in dollars per share) | $ / shares   $ 0.01                                        
Number of shares authorized | shares   43,000,000                                        
Subsequent Events | Class A common stock | At-the-market equity offerings                                            
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES                                            
Number of shares authorized | shares   43,000,000