Other Investments (Tables)

6 Months Ended

Jun. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Components of other investments

The following table presents the components of Other investments, net:

	As of
	June 30, 2020		December 31, 2019
Other investments, net:
Equity method investments	$	146,232	$	166,209
Other equity investments	35,057		66,627
Other debt investments, net	94,584		92,569
Total other investments, net	$	275,873	$	325,405

The following table presents revenue recognized:

	For the three months ended June 30,				For the six months ended June 30,
	2020		2019		2020		2019
Deluxe	$	1,026	$	877	$	2,281	$	1,754
BCS	$	2,784	$	2,262	$	4,453	$	4,546

The following table presents trade accounts receivable:

	As of
	June 30, 2020		December 31, 2019
Deluxe	$	680	$	631
BCS	$	5,725	$	5,171

The following table presents reductions to the carrying amount of our investments based on circumstances that indicated the fair value of the investments was less than their carrying amount:

	For the three months ended June 30,				For the six months ended June 30,
	2020		2019		2020		2019
Loss (gain) on investments, net	$	8,486	$	—	$	29,833	$	28,653

The following table presents our other debt investments, net:

	As of
	June 30, 2020		December 31, 2019
Other debt investments, net:
Cost basis	$	107,259	$	102,878
Discount	(10,353)		(10,309)
Allowance for credit losses	(2,322)		—
Total other debt investments, net	$	94,584	$	92,569

Allowance for credit loss

The following table presents the activity in our allowance for credit losses for these investments:

	For the six months ended June 30, 2020
Balance at beginning of period	$	—
Credit losses(1)	2,322
Deductions	—
Balance at end of period	$	2,322

⁽¹⁾ The impact of adopting ASC 326 on January 1, 2020 was a $2.1 million adjustment to Accumulated earnings (losses).

Interest income

The following table presents the interest income, net related to our other debt investments, net:

	For the three months ended June 30, 2020		For the six months ended June 30, 2020
Interest income, net
Interest income	$	3,564	$	6,904
Credit losses	(89)		(176)
Total interest income, net	3,475		6,728