Investments (Tables)

9 Months Ended

Sep. 30, 2017

Investment [Line Items]

Schedule of Investments

Investments consisted of the following (in thousands):

	September 30, 2017		December 31, 2016
Equity method investments	$	1,247,914	$	1,642,117
Cost method investments	25,943		26,748
Marketable equity securities	—		6,018
Total investments	$	1,273,857	$	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						Nine Months Ended
	September 30, 2017			September 30, 2016			September 30, 2017			September 30, 2016
Income from equity investments, net, before amortization of basis difference	$	33,609		$	45,381		$	139,808		$	155,254
Amortization of basis difference	(12,551		)	(13,644		)	(40,952		)	(40,959		)
Income from equity investments, net	$	21,058		$	31,737		$	98,856		$	114,295

Distributions from Equity Investments

	Three Months Ended				Nine Months Ended
	September 30, 2017		September 30, 2016		September 30, 2017		September 30, 2016
Cash distributions from equity investments	$	32,911	$	17,953	$	182,561	$	143,557

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				Nine Months Ended
	September 30, 2017		September 30, 2016		September 30, 2017		September 30, 2016
Revenues, net	$	274,754	$	275,758	$	880,868	$	851,209
Operating income	$	157,207	$	150,471	$	547,363	$	520,848
Net income	$	123,009	$	116,431	$	447,348	$	421,961

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					Nine Months Ended
	September 30, 2017			September 30, 2016		September 30, 2017			September 30, 2016
Revenues, net	$	165,961		$	182,339	$	505,383		$	537,347
Operating (loss) income	$	(9,661	)	$	26,482	$	373		$	70,671
Net (loss) income	$	(14,090	)	$	26,396	$	(842	)	$	70,758