INVESTMENT IN JOINT VENTURE (Tables)

12 Months Ended

Dec. 31, 2011

Investment Activity in Joint Venture in IP Services Operating Segment

include our investment activity in the joint venture in the IP services operating segment as summarized below (in thousands):

	Year Ended December 31,
	2011		2010
Investment balance, January 1	$	2,265	$	1,804
Proportional share of net income		476		396
Unrealized foreign currency translation gain, net		195		65
Investment balance, December 31	$	2,936	$	2,265

Audited Summarized Financial Information for Internap Japan

Audited summarized financial information for Internap Japan is as follows (in thousands):

	Year Ended December 31,
	2011		2010(1)		2009
Current assets	$	6,462	$	5,372	$	3,908
Long-term assets		712		658		638
Current liabilities		1,355		1,288		1,126
Long-term liabilities		26		—		—
Net sales		11,636		10,357		9,794
Operating income		850		836		176
Net income		787		813		247

(1) We have reclassified certain prior year assets from long-term to current to conform to the current year presentation.