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Equity-Method Investments
 9 Months Ended
Sep. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Equity-Method Investments Equity-Method Investments
During the third quarter of 2019, the Company sold 100% of its equity interest in its China JV, as defined in our Annual Report on Form 10-K for the year ended December 31, 2018, to an affiliate of its joint venture partner for total cash consideration of $15.0 million. This investment in the joint venture was previously accounted for under the equity method of accounting. Prior to the sale, the Company had a 49% equity interest in the China JV. The resulting gain on the sale of the China JV totaled $4.3 million and is included in the “Gain from sale of partially owned entities” line item of the Condensed Consolidated Statements of Operations. The gain recorded includes $2.6 million related to cumulative foreign currency translation historically recorded through Other Comprehensive Income which stemmed from the remeasurement of the foreign denominated investment in the China JV. The following tables summarize the financial information of the Company’s China JV for the interim periods presented, prior to disposition.
 
Three Months Ended September 30, 2019
Condensed consolidated results of operations
CMAL
 
CMAH
 
Total
 
(In thousands)
Revenues
$
9,675

 
$
3,825

 
$
13,500

Operating (loss) income
(112
)
 
618

 
506

Net (loss) income
(213
)
 
385

 
172

Company’s (loss) income from investments in partially owned entities

$
(229
)
 
$
64

 
$
(165
)
 
Three Months Ended September 30, 2018
Condensed consolidated results of operations
CMAL
 
CMAH
 
Total
 
(In thousands)
Revenues
$
9,561

 
$
3,777

 
$
13,338

Operating (loss) income
(891
)
 
615

 
(276
)
Net (loss) income
(1,062
)
 
245

 
(817
)
Company’s (loss) income from investments in partially owned entities

$
(538
)
 
$
101

 
$
(437
)
 
Nine Months Ended September 30, 2019
Condensed consolidated results of operations
CMAL
 
CMAH
 
Total
 
(In thousands)
Revenues
$
28,334

 
$
10,907

 
$
39,241

Operating (loss) income
(348
)
 
1,920

 
1,572

Net (loss) income
(507
)
 
1,018

 
511

Company’s (loss) income from investments in partially owned entities

$
(429
)
 
$
318

 
$
(111
)
 
Nine Months Ended September 30, 2018
Condensed consolidated results of operations
CMAL
 
CMAH
 
Total
 
(In thousands)
Revenues
$
28,886

 
$
9,985

 
$
38,871

Operating (loss) income
(1,066
)
 
1,447

 
381

Net (loss) income
(1,327
)
 
1,377

 
50

Company’s (loss) income from investments in partially owned entities

$
(824
)
 
$
500

 
$
(324
)
In addition to the China JV, the Company had an investment in a joint venture accounted for under the equity-method, for which a complete return of capital totaling $2.0 million was received during the first quarter of 2019, eliminating the Company’s involvement in the joint venture.