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Equity Method Investments
9 Months Ended
Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Note 7: Equity Method Investments

We include our equity method investments within other long-term assets on our Consolidated Balance Sheets. As of September 30, 2015, our $0.9 million investment in Pursuant Health, Inc., formerly known as SoloHealth, Inc., representing approximately 10% ownership, was our only equity method investment.
Loss from Equity Method Investments

On October 19, 2014, Redbox and Verizon Ventures IV LLC, a wholly owned subsidiary of Verizon Communications Inc., entered into an agreement whereby we would withdraw from Redbox Instant™ by Verizon (the “Joint Venture”) effective October 20, 2014. Pursuant to the Withdrawal Agreement, all of Redbox’s rights under the Joint Venture’s operating agreement were extinguished for a total of $16.8 million, paid to Redbox, and no further capital contributions were required.
Loss from equity method investments within our Consolidated Statements of Comprehensive Income is composed of the following:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
Dollars in thousands
2015
 
2014
 
2015
 
2014
Proportionate share of net loss of equity method investees:
 
 
 
 
 
 
 
Joint Venture
$

 
$
(10,378
)
 
$

 
$
(28,339
)
Pursuant Health, Inc. (fka SoloHealth, Inc.)
(328
)
 
(224
)
 
(593
)
 
(672
)
Total proportionate share of net loss of equity method investees
(328
)
 
(10,602
)
 
(593
)
 
(29,011
)
Amortization of difference in carrying amount and underlying equity in Joint Venture

 
(750
)
 

 
(2,250
)
Total loss from equity method investments
$
(328
)
 
$
(11,352
)
 
$
(593
)
 
$
(31,261
)