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INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The following table presents the ownership interests and carrying values of our investments:
Carrying Value
InvestmentOwnership PercentageJune 30, 2020December 31, 2019
Advanced Engine Repair JVEquity method25%$23,467  $24,652  
Intermodal Finance I, Ltd.Equity method51%233  501  
Long Ridge Terminal LLCEquity method50%152,172  155,397  
Investments$175,872  $180,550  
The following table presents our proportionate share of equity in income (losses):
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
Advanced Engine Repair JV$(594) $(242) $(1,185) $(443) 
JGP Energy Partners LLC—  92  —  (128) 
Intermodal Finance I, Ltd.(33) (19) (83) 18  
Long Ridge Terminal LLC(2,582) —  (1,676) —  
Total$(3,209) $(169) $(2,944) $(553) 
The following table presents a summarized statement of operations:
Three Months Ended June 30, 2020Six Months Ended June 30, 2020
Total revenue$5,169  $9,907  
Total expenses(8,483) (14,858) 
Other (loss) income(1,840) 1,605  
Net loss$(5,154) $(3,346) 
The following table presents a summarized statement of operations:
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
Total revenue$—  $—  $—  $—  
Total expenses(2,374) (1,047) (4,738) (1,851) 
Net loss$(2,374) $(1,047) $(4,738) $(1,851)