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Investments (Tables)
6 Months Ended
Jun. 30, 2016
Investments [Abstract]  
Schedule of Investments
Investments consisted of the following (in thousands):
 
June 30, 2016
 
December 31, 2015
Equity method investments
$
1,622,546

 
$
1,668,316

Cost method investments
24,247

 
20,868

Marketable equity securities
6,161

 
3,516

Total investments
$
1,652,954

 
$
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
 
Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
Income from equity investments, net, before amortization of basis difference
$
57,950

 
$
59,475

 
$
109,873

 
$
109,971

Amortization of basis difference
(13,644
)
 
(13,562
)
 
(27,315
)
 
(27,124
)
Income from equity investments, net
$
44,306

 
$
45,913

 
$
82,558

 
$
82,847


Cash distributions from the Company’s equity method investments were as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
Cash distributions from equity investments
$
36,258

 
$
34,242

 
$
125,604

 
$
129,148


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

Six Months Ended

June 30, 2016

June 30, 2015

June 30, 2016

June 30, 2015
Revenues, net
$
298,275

 
$
278,410

 
$
575,451

 
$
539,633

Operating income
$
188,381

 
$
151,728

 
$
370,377

 
$
282,026

Net income
$
157,213

 
$
155,770

 
$
305,530

 
$
289,925


Summarized financial information for CareerBuilder is as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
Revenues, net
$
180,748

 
$
176,034

 
$
351,906

 
$
351,188

Operating income
$
29,598

 
$
33,614

 
$
48,927

 
$
63,940

Net income
$
28,842

 
$
33,063

 
$
49,154

 
$
61,414