| Business Summary | | Citadel
Holding
Corporation
is
engaged
primarily
in
the
business
of
owning
and
managing
its
real
estate-intensive
businesses
and
in
the
offering
of
various
real
estate
consulting
services
to
its
affiliate,
Reading
Entertainment,
Inc.
The
Company
currently
owns
Liberty
Theaters,
Inc.,
which
owns
and
operates
four
"Off
Broadway"-style
live
theater
properties;
Citadel
Cinemas,
Inc.,
which
operates
a
chain
of
cinemas;
Citadel
Realty,
Inc.,
which
owns
an
office
building
and
holds
options
to
acquire
the
fee
interests
underlying
certain
of
the
Company's
cinemas
in
New
York
City;
Citadel
Agriculture,
Inc.,
which
owns
a
40%
partnership
interest
in
each
of
three
general
partnerships
(the
Agricultural
Partnerships),
which
collectively
own
approximately
1,600
acres
of
agricultural
real
estate
located
in
the
Central
Valley
of
California,
commonly
known
as
the
Big
4
Ranch;
and
an
80%
equity
interest
in
Big
4
Farming,
LLC,
which
is
a
farm
operating
company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Citadel
Holding
Corp.
is
engaged
in
the
ownership
and
management
of
real
estate
intensive
assets
and
in
the
offering
of
various
real
estate
consulting
services
to
its
affiliates.
For
the
three
months
ended
3/31/01,
revenues
totaled
$4.6
million,
up
from
$602
thousand.
Net
loss
totaled
$872
thousand
vs.
an
income
of
$231
thousand.
Revenues
reflect
the
inclusion
of
theater
revenues.
Net
loss
reflects
increased
S/G/A
expenses
due
to
higher
beneficial
lease
payments. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
6,115;
after
tax
earnings
were
-429. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| James Cotter, 62 Chairman,
CEO | $45K | S. Craig Tompkins, 49 Vice
Chairman, Sec., Treasurer | -- | Andrzej Matyczynski CFO | -- | Brett Marsh VP
of Real Estate | 162K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|