Investments in Affiliates Accounted for Using the Equity Method (Tables)

6 Months Ended

Jun. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments and Summarized Financial Information

	June 30, 2020							December 31, 2019
	Percentage			Market		Carrying		Carrying
	ownership			value		amount		amount
	dollars in thousands
LendingTree (a)		26.4	%	$	997,138	$	166,308	166,465
Other		various			NA		813	1,178
						$	167,121	167,643

(a) Both the Company's ownership interest in LendingTree and the Company's share of LendingTree's earnings (losses) are reported on a three month lag. The market value disclosed is as of June 30, 2020.

	June 30,		December 31,
	2020		2019
	amounts in thousands
Current assets	$	19,706	52,133
Investment in Charter, accounted for using the equity method		12,306,593	12,194,674
Other assets		9,100	9,535
Total assets		12,335,399	12,256,342
Long-term debt		573,593	572,944
Deferred income tax liabilities		1,017,921	999,757
Other liabilities		23,151	15,695
Equity		10,720,734	10,667,946
Total liabilities and shareholders' equity	$	12,335,399	12,256,342

	Three months ended			Six months ended
	June 30,			June 30,
	2020		2019	2020		2019
	amounts in thousands
Revenue	$	4,114	3,747		8,218	7,205
Operating expenses, net		(13,946)	(10,913)		(25,325)	(20,572)
Operating income (loss)		(9,832)	(7,166)		(17,107)	(13,367)
Share of earnings (losses) of affiliates		158,128	45,400		219,810	80,249
Gain (loss) on dilution of investment in affiliate		(46,001)	(16,322)		(105,326)	(57,725)
Other income (expense), net		(5,103)	(5,936)		(10,801)	(12,056)
Income tax benefit (expense)		(24,978)	(3,924)		(22,204)	650
Net earnings (loss)	$	72,214	12,052		64,372	(2,249)

(1)

(2)