Investments (Tables)

6 Months Ended

Jun. 30, 2019

Investment [Line Items]

Schedule of Investments

Investments consisted of the following (in thousands):

	June 30, 2019		December 31, 2018
Equity method investments	$	1,149,197	$	1,238,457
Other equity investments	5,503		25,980
Total investments	$	1,154,700	$	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						Six Months Ended
	June 30, 2019			June 30, 2018			June 30, 2019			June 30, 2018
Income on equity investments, net, before amortization of basis difference	$	58,996		$	65,037		$	117,150		$	116,643
Amortization of basis difference	(12,469		)	(12,469		)	(24,938		)	(24,938		)
Income on equity investments, net	$	46,527		$	52,568		$	92,212		$	91,705

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, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Cash distributions from equity investments	$	28,379	$	43,789	$	181,461	$	158,926

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				Six Months Ended
	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Revenues, net	$	336,200	$	322,154	$	655,915	$	630,099
Operating income	$	190,888	$	171,788	$	368,920	$	334,544
Net income	$	190,604	$	176,289	$	378,054	$	341,878