Investments (Tables)

3 Months Ended

Mar. 31, 2017

Investment [Line Items]

Schedule of Investments

Investments consisted of the following (in thousands):

	March 31, 2017		December 31, 2016
Equity method investments	$	1,445,901	$	1,642,117
Cost method investments	26,748		26,748
Marketable equity securities	861		6,018
Total investments	$	1,473,510	$	1,674,883

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, 2017			March 31, 2016
Income from equity investments, net, before amortization of basis difference	$	52,888		$	51,923
Amortization of basis difference	(15,851		)	(13,671		)
Income from equity investments, net	$	37,037		$	38,252

Distributions from Equity Investments

	Three Months Ended
	March 31, 2017		March 31, 2016
Cash distributions from equity investments	$	111,509	$	89,346

Television Food Network, G.P.

Investment [Line Items]

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, 2017		March 31, 2016
Revenues, net	$	297,356	$	277,176
Operating income	$	192,682	$	181,996
Net income	$	159,461	$	148,317

CareerBuilder, LLC and Dose Media, LLC

Investment [Line Items]

Summary of Financial Information of Equity Investments

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

	Three Months Ended
	March 31, 2017		March 31, 2016
Revenues, net	$	170,019	$	172,733
Operating income	$	6,854	$	16,932
Net income	$	7,740	$	17,885