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Other Non-Operating Income
 3 Months Ended
Mar. 31, 2020
Other Nonoperating Income (Expense) [Abstract]  
Other Non-Operating Income OTHER NON-OPERATING INCOME
A summary of non-operating income is as follows:
 
Three Months Ended 
 March 31
(in thousands)
2020
 
2019
Foreign currency gain, net
$
4,290

 
$
514

Impairment of cost method investments
(2,577
)
 
—

Gain on sale of a cost method investment
518

 
—

Gain on sales of businesses
107

 
189

(Loss) gain on sale of an equity affiliate
(103
)
 
28,994

Gain on cost method investments
—

 
1,411

Other gain (loss), net
453

 
(1,757
)
Total Other Non-Operating Income
$
2,688

 
$
29,351


For the three months ended March 31, 2020, the Company recorded impairment losses of $2.6 million to equity securities that are accounted for as cost method investments.
For the three months ended March 31, 2019, the Company recorded a $1.4 million gain resulting from observable price changes in the fair value of equity securities accounted for under the cost method.
For the three months ended March 31, 2019, the Company recorded a $29.0 million gain on the sale of the Company’s interest in Gimlet Media.