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OTHER INCOME
 3 Months Ended
Mar. 31, 2020
Other Income and Expenses [Abstract]  
OTHER INCOME, NET OTHER INCOME

Other income consisted of the following (amounts in thousands):
 
Three months ended
 
March 31,
 
2020
 
2019
Gain on property insurance settlement (1)
$
4,936

 
$
—

Gain on Wheels India Limited share sale
1,302

 
—

Equity investment income
605

 
875

Gain on sale of assets
348

 
370

Building rental income
316

 
255

Interest income
115

 
340

Other (expense)
(186
)
 
(844
)
 
$
7,436

 
$
996



(1) The gain on property insurance settlement relates to the receipt of insurance proceeds during the three months ended March 31, 2020 for a 2017 fire that occurred at a facility of Titan Tire Reclamation Corporation (TTRC), a subsidiary of the Company, located in Fort McMurray in Alberta, Canada.