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Other Investments
9 Months Ended
Sep. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
OTHER INVESTMENTS OTHER INVESTMENTS
The following table presents the components of Other investments, net:
As of
September 30,
2020
December 31,
2019
Other investments, net:
Equity method investments$151,899 $166,209 
Other equity investments34,104 66,627 
Other debt investments, net98,235 92,569 
Total other investments, net$284,238 $325,405 
Equity Method Investments

Dish Mexico
 
We own 49% of Dish Mexico and its subsidiaries, a joint venture that we entered into in 2008 to provide direct-to-home satellite services in Mexico. Historically, we provided certain satellite services to Dish Mexico. However, following the consummation of the BSS Transaction, we no longer provide these services.

Deluxe/EchoStar LLC

We own 50% of Deluxe/EchoStar LLC (“Deluxe”), a joint venture that we entered into in 2010 to build an advanced digital cinema satellite distribution network targeting delivery to digitally equipped theaters in the U.S. and Canada.

Broadband Connectivity Solutions (Restricted) Limited

In August 2018, we entered into an agreement with Yahsat to establish a new entity, Broadband Connectivity Solutions (Restricted) Limited (together with its subsidiaries, “BCS”), to provide commercial Ka-band satellite broadband services across Africa, the Middle East and southwest Asia operating over Yahsat’s Al Yah 2 and Al Yah 3 Ka-band satellites. The transaction was consummated in December 2018 when we invested $100.0 million in cash in exchange for a 20% interest in BCS. Under the terms of the agreement, we may also acquire, for further cash investments, additional ownership interests in BCS in the future provided certain conditions are met. We supply network operations and management services and equipment to BCS.

Financial Information for Our Equity Method Investments

The following table presents revenue recognized:
For the three months ended September 30,For the nine months ended September 30,
2020201920202019
Deluxe
$1,067 $878 $3,340 $2,632 
BCS$2,190 $1,690 $6,643 $6,236 

The following table presents trade accounts receivable:
As of
September 30,
2020
December 31,
2019
Deluxe$750 $631 
BCS$6,981 $5,171 
Other Equity Investments

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 September 30,For the nine months ended September 30,
2020201920202019
Loss (gain) on investments, net$— $— $29,833 $28,653 
Other Debt Investments, Net

The following table presents our other debt investments, net:
As of
September 30,
2020
December 31,
2019
Other debt investments, net:
Cost basis$110,893 $102,878 
Discount(10,243)(10,309)
Allowance for credit losses(2,415)— 
Total other debt investments, net$98,235 $92,569 

The following table presents the activity in our allowance for credit losses for these investments:
For the nine months ended September 30, 2020
Balance at beginning of period$— 
Credit losses(1)
2,415 
Deductions— 
Balance at end of period$2,415 

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

The following table presents the interest income, net related to our other debt investments, net:
For the three months ended September 30, 2020For the nine months ended September 30, 2020
Interest income, net
Interest income$3,764 $10,668 
Credit losses(93)(269)
Total interest income, net$3,671 $10,399 

We did not recognize any interest income, net related to our other debt investments, net for the three and nine months ended September 30, 2019.