Interest and Other Income, net

3 Months Ended

Mar. 31, 2019

Interest And Other Income [Abstract]

14.	Interest and Other Income, net

The following table sets forth the details of interest and other income, net.

	For the Three Months Ended March 31,
(Amounts in thousands)	2019		2018
Preferred equity investment income⁽¹⁾	$	454	$	899
Interest income, net		1,377		1,026
Mark-to-market of investments in our deferred compensation plans ⁽²⁾		2,069		91
Total interest and other income, net	$	3,900	$	2,016

⁽¹⁾

Represents income from our preferred equity investments in PGRESS Equity Holdings LP, of which our 24.4% share is $111 and $219 for the three months ended March 31, 2019 and 2018, respectively. On March 1, 2019, our only remaining preferred equity investment was redeemed. See Note 5, Preferred Equity Investments.

⁽²⁾

The change resulting from the mark-to-market of the deferred compensation plan assets is entirely offset by the change in deferred compensation plan liabilities, which is included as a component of “general and administrative” expenses on our consolidated statements of income.