Below is a summary of activity for each of the Company’s other investments for the six months ended June 30, 2019:

	DCIP			AC JV, LLC			DCDC		FE Concepts			Other			Total
Balance at January 1, 2019	$	125,252		$	5,266		$	2,255	$	19,918		$	4,075		$	156,766
Cash distributions received		(5,218	)		(1,000	)		—		—			—			(6,218	)
Equity in income		11,167			2,150			532		(18	)		—			13,831
Equity in other comprehensive loss		(93	)		—			—		—			—			(93	)
Other		—			—			—		—			(110	)		(110	)
Balance at June 30, 2019	$	131,108		$	6,416		$	2,787	$	19,900		$	3,965		$	164,176

On February 12, 2007, the Company, AMC and Regal (the “Exhibitors”) 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. On March 10, 2010, DCIP and its subsidiaries completed an initial financing transaction to enable the purchase, deployment and leasing of digital projection systems to the Exhibitors under equipment lease and installation agreements. On March 31, 2011, DCIP obtained incremental financing necessary to complete the deployment of digital projection systems. DCIP also entered into long-term Digital Cinema Deployment Agreements (“DCDAs”) with six major motion picture studios pursuant to which Kasima LLC, one of DCIP’s subsidiaries, receives a virtual print fee ("VPF") each time the studio books a film or certain other content on the leased digital projection systems. Other content distributors entered into similar DCDAs that provide for the payment of VPFs for bookings of the distributor's content on a leased digital projection system. The DCDAs end on the earlier to occur of (i) the tenth anniversary of the "mean deployment date" for all digital projection systems scheduled to be deployed over a period of up to five years, or (ii) the date DCIP achieves "cost recoupment", each as defined in the DCDAs. Cost recoupment occurs when revenues attributable to the digital projection systems exceed the financing, deployment, administration and other costs associated with the purchase of the digital projection systems. DCIP expects cost recoupment to occur during late 2020. Pursuant to the operating agreement between the Exhibitors and DCIP, DCIP will begin to distribute excess cash to the Exhibitors once its outstanding debt is paid off, which is expected to occur during 2019.

As of June 30, 2019, 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.

	Three Months Ended				Six Months Ended
	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Gross revenues	$	48,007	$	42,521	$	85,671	$	83,554
Operating income	$	30,573	$	25,049	$	50,781	$	48,494
Net income	$	28,475	$	22,169	$	46,960	$	43,703

	As of
	June 30, 2019		December 31, 2018
Current assets	$	65,824	$	57,907
Noncurrent assets	$	634,805	$	684,545
Current liabilities	$	67,479	$	67,408
Noncurrent liabilities	$	57,157	$	125,596
Members' equity	$	575,993	$	549,448

As of June 30, 2019, the Company had 3,866 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, 2019 and 2018:

	Three Months Ended						Six Months Ended
	June 30, 2019			June 30, 2018			June 30, 2019			June 30, 2018
Equipment lease payments	$	1,131		$	1,243		$	2,252		$	2,460
Warranty reimbursements from DCIP	$	(2,951	)	$	(2,617	)	$	(5,889	)	$	(5,118	)
Management service fees	$	152		$	184		$	310		$	378

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 $8,475 and $6,763 for the six months ended June 30, 2019 and 2018, 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 $1,389 as of June 30, 2019.

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 $508 and $461 to DCDC during the six months ended June 30, 2019 and 2018, 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.

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.