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Investments (Tables)
3 Months Ended
Mar. 31, 2016
Investments [Abstract]  
Schedule of Investments
Investments consisted of the following (in thousands):
 
March 31, 2016
 
December 31, 2015
Equity method investments
$
1,617,449

 
$
1,668,316

Cost method investments
20,898

 
20,868

Marketable equity securities
2,944

 
3,516

Total investments
$
1,641,291

 
$
1,692,700

Equity Method Investments Information
Income from equity investments, net reported in the Company’s unaudited Condensed Consolidated Statements of Operations consisted of the following (in thousands):
 
Three Months Ended
 
March 31, 2016
 
March 29, 2015
Income from equity investments, net, before amortization of basis difference
$
51,923

 
$
50,496

Amortization of basis difference
(13,671
)
 
(13,562
)
Income from equity investments, net
$
38,252

 
$
36,934


Cash distributions from the Company’s equity method investments were as follows (in thousands):
 
Three Months Ended
 
March 31, 2016
 
March 29, 2015
Cash distributions from equity investments
$
89,346

 
$
94,906


Summary of Financial Information of Equity Investments
Summarized Financial Information—Summarized financial information for TV Food Network is as follows (in thousands):

Three Months Ended

March 31, 2016

March 29, 2015
Revenues, net
$
277,176

 
$
261,223

Operating income
$
181,996

 
$
130,202

Net income
$
148,317

 
$
133,643


Summarized financial information for CareerBuilder is as follows (in thousands):
 
Three Months Ended
 
March 31, 2016
 
March 29, 2015
Revenues, net
$
171,158

 
$
175,154

Operating income
$
19,239

 
$
30,326

Net income
$
20,312

 
$
28,351