Investments (Tables)

9 Months Ended

Sep. 30, 2016

Investments consisted of the following (in thousands):



	September 30, 2016		December 31, 2015
Equity method investments	$	1,636,068	$	1,668,316
Cost method investments	24,248		20,868
Marketable equity securities	7,095		3,516
Total investments	$	1,667,411	$	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						Nine Months Ended
	September 30, 2016			September 30, 2015			September 30, 2016			September 30, 2015
Income from equity investments, net, before amortization of basis difference	$	45,381		$	50,549		$	155,254		$	160,520
Amortization of basis difference	(13,644		)	(13,562		)	(40,959		)	(40,686		)
Income from equity investments, net	$	31,737		$	36,987		$	114,295		$	119,834

Cash distributions from the Company’s equity method investments were as follows (in thousands):



	Three Months Ended				Nine Months Ended
	September 30, 2016		September 30, 2015		September 30, 2016		September 30, 2015
Cash distributions from equity investments	$	17,953	$	31,954	$	143,557	$	161,102

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				Nine Months Ended
	September 30, 2016		September 30, 2015		September 30, 2016		September 30, 2015
Revenues, net	$	275,758	$	264,997	$	851,209	$	804,630
Operating income	$	150,471	$	123,579	$	520,848	$	405,605
Net income	$	116,431	$	124,347	$	421,961	$	414,272

Summarized financial information for CareerBuilder is as follows (in thousands):



	Three Months Ended				Nine Months Ended
	September 30, 2016		September 30, 2015		September 30, 2016		September 30, 2015
Revenues, net	$	180,917	$	175,540	$	532,823	$	526,728
Operating income	$	28,506	$	37,353	$	77,433	$	101,293
Net income	$	28,446	$	36,470	$	77,600	$	97,884