8.	Other Investments

Below is a summary of activity for each of the Company’s other investments for the six months ended June 30, 2018:

	DCIP			AC JV, LLC		DCDC			FE Concepts			Other		Total
Balance at January 1, 2018	$	106,215		$	5,916	$	3,598		$	104		$	4,212	$	120,045
Cash contributions made		739			—		—			20,000					20,739
Cash distributions received		(5,201	)		—		—			—			—		(5,201	)
Equity in income (loss)		9,727			408		481			(77	)		—		10,539
Equity in other comprehensive income		20			—		—			—			—		20
Other		—			—		(1,168	)		(104	)		211		(1,061	)
Balance at June 30, 2018	$	111,500		$	6,324	$	2,911		$	19,923		$	4,423	$	145,081

Digital Cinema Implementation Partners LLC (“DCIP”)

On February 12, 2007, the Company, AMC and Regal entered into a joint venture known as DCIP to facilitate the implementation of digital cinema in the Company’s theatres and to establish agreements with major motion picture studios for the financing of digital cinema. As of June 30, 2018, the Company had a 33% voting interest in DCIP and a 24.3% economic interest in DCIP. The Company accounts for its investment in DCIP and its subsidiaries under the equity method of accounting.

Below is summary financial information for DCIP for the periods indicated:

	Three Months Ended				Six Months Ended
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Gross revenues	$	42,521	$	47,095	$	83,554	$	92,574
Operating income	$	25,049	$	29,393	$	48,494	$	57,872
Net income	$	22,169	$	25,616	$	43,703	$	49,757

	As of
	June 30, 2018		December 31, 2017
Current assets	$	51,546	$	56,296
Noncurrent assets	$	725,399	$	772,438
Current liabilities	$	63,982	$	59,153
Noncurrent liabilities	$	213,795	$	296,889
Members' equity	$	499,168	$	472,692

As of June 30, 2018, the Company had 3,818 digital projection systems being leased under the master equipment lease agreement with Kasima LLC, which is an indirect subsidiary of DCIP and a related party to the Company. The Company had the following transactions with DCIP, reflected in utilities and other costs on the condensed consolidated statements of income, during the three and six months ended June 30, 2018 and 2017:

	Three Months Ended						Six Months Ended
	June 30, 2018			June 30, 2017			June 30, 2018			June 30, 2017
Equipment lease payments	$	1,243		$	1,511		$	2,460		$	2,881
Warranty reimbursements from DCIP	$	(2,617	)	$	(2,023	)	$	(5,118	)	$	(3,907	)
Management service fees	$	184		$	206		$	378		$	412

AC JV, LLC

During December 2013, the Company, Regal, AMC (the “AC Founding Members”) and NCM entered into a series of agreements that resulted in the formation of AC JV, LLC (“AC”), a joint venture that owns “Fathom Events” formerly operated by NCM. The Fathom Events business focuses on the marketing and distribution of live and pre-recorded entertainment programming to various theatre operators, including concerts, opera and symphony, DVD product releases and marketing events, theatrical premieres, Broadway plays, live sporting events and other special events. The Company paid event fees to AC of $5,588 and $6,763 for the six months ended June 30, 2018 and 2017, respectively, which are included in film rentals and advertising costs on the condensed consolidated statements of income. Additionally, the remaining outstanding balance of a note payable from the Company to NCM, related to the formation of AC, was $2,778 as of June 30, 2018.

Digital Cinema Distribution Coalition

Digital Cinema Distribution Coalition (“DCDC”) is a joint venture among the Company, Universal, Warner Bros., AMC and Regal. DCDC operates a satellite distribution network that distributes all digital content to U.S. theatres via satellite. The Company has an approximate 14.6% ownership in DCDC. The Company paid approximately $461 and $446 to DCDC during the six months ended June 30, 2018 and 2017, respectively, related to content delivery services provided by DCDC. These fees are included in film rentals and advertising costs on the condensed consolidated statements of income.

FE Concepts, LLC

During April 2018, the Company, through its wholly-owned indirect subsidiary CNMK Texas Properties, LLC (“CNMK”), formed a joint venture, FE Concepts, LLC (“FE Concepts”) with AWSR Investments, LLC (“AWSR”), an entity owned by Lee Roy Mitchell and Tandy Mitchell. FE Concepts will develop and operate a family entertainment center that offers bowling, gaming, movies and other amenities. The Company and AWSR each invested approximately $20,000 and each have a 50% voting interest in FE Concepts. The Company accounts for its investment in FE Concepts under the equity method of accounting.