Equity Method Investments (Tables)

6 Months Ended

Jun. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Rollforward of equity method investment

The following table includes a rollforward of the equity method investment in FOXO (in thousands):

	Three Months Ended June 30, 2020		Six Months Ended June 30, 2020
Beginning balance	$	5,648	$	1,761
Contributions	3,750		9,167
Loss on equity method investment	(1,318)		(2,848)
Other	(307)		(307)
Ending balance	$	7,773	$	7,773

Schedule of financial information pertaining to Company

Pre-consolidation financial information pertaining to Beneficient is summarized in the table below (in thousands):

	Three Months Ended March 31, 2019			Six Months Ended March 31, 2019
Total revenues	$	15,805		$	41,111
Net loss	(4,397)			(46,041)
Net gain (loss) attributable to Ben LP common unitholders	673			(12,519)
GWG portion of net earnings (loss)	600		(1)	(1,327)		(2)

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1.Our portion of Beneficient’s net earnings (loss) from January 1, 2019 to March 31, 2019. This amount was recognized during the three months ended June 30, 2019.

2.Our portion of Beneficient's net earnings (loss) from October 1, 2018 to March 31, 2019. This amount was recognized during the six months ended June 30, 2019.

Schedule of other ownership interests

Our historical ownership percentage of our investment in Common Units is as follows:

Date	Percentage of Outstanding Common Units	Reason
August 10, 2018	13.9%	Purchase of units
December 28, 2018	89.9%	Purchase of units
March 31, 2019	88.1%	Change in investee outstanding units
June 12, 2019	90.2%	Purchase of units
December 31, 2019	95.5%	Purchase of units
May 26, 2020	95.6%	Purchase of units