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Investments (Tables)
3 Months Ended
Mar. 31, 2019
Investment [Line Items]  
Schedule of Investments
Investments consisted of the following (in thousands):
 
March 31, 2019
 
December 31, 2018
Equity method investments
$
1,131,050

 
$
1,238,457

Other equity investments
5,503

 
25,980

Total investments
$
1,136,553

 
$
1,264,437

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
 
March 31, 2019
 
March 31, 2018
Income on equity investments, net, before amortization of basis difference
$
58,154

 
$
51,606

Amortization of basis difference
(12,469
)
 
(12,469
)
Income on equity investments, net
$
45,685

 
$
39,137

Distributions from Equity Investments
Cash distributions from the Company’s equity method investments were as follows (in thousands):
 
Three Months Ended
 
March 31, 2019
 
March 31, 2018
Cash distributions from equity investments
$
153,082

 
$
115,137

Television Food Network, G.P.  
Investment [Line Items]  
Equity Method Investments Information
Summarized financial information for TV Food Network is as follows (in thousands):
 
Three Months Ended
 
March 31, 2019
 
March 31, 2018
Revenues, net
$
319,715

 
$
307,945

Operating income
$
178,032

 
$
162,756

Net income
$
187,450

 
$
165,589