Investments (Tables)

6 Months Ended

Jun. 30, 2018

Investments consisted of the following (in thousands):



	June 30, 2018		December 31, 2017
Equity method investments	$	1,187,260	$	1,254,198
Other equity investments	25,980		27,593
Total investments	$	1,213,240	$	1,281,791

Equity Method Investments Information

Income on 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, 2018			June 30, 2017			June 30, 2018			June 30, 2017
Income on equity investments, net, before amortization of basis difference	$	65,037		$	53,311		$	116,643		$	106,199
Amortization of basis difference	(12,469		)	(12,550		)	(24,938		)	(28,401		)
Income on equity investments, net	$	52,568		$	40,761		$	91,705		$	77,798

Distributions from Equity Investments

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



	Three Months Ended				Six Months Ended
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Cash distributions from equity investments	$	43,789	$	38,141	$	158,926	$	149,650

Television Food Network, G.P.

Investment [Line Items]

Equity Method Investments Information

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



	Three Months Ended				Six Months Ended
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Revenues, net	$	322,154	$	308,758	$	630,099	$	606,114
Operating income	$	171,788	$	197,474	$	334,544	$	390,156
Net income	$	176,289	$	164,878	$	341,878	$	324,339

CareerBuilder, LLC and Dose Media, LLC

Investment [Line Items]

Equity Method Investments Information

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



	Three Months Ended				Six Months Ended
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Revenues, net	$	152,358	$	169,403	$	312,828	$	339,422
Operating income	$	9,731	$	3,180	$	16,061	$	10,034
Net income	$	100,833	$	5,508	$	98,657	$	13,248