A summary of Loans to and investments in associated companies accounted for under the equity method of accounting during the three months ended March 31, 2017 and 2016 is as follows (in thousands):



	Loans to and investments in associated companies as of January 1,		Income (losses) related to associated companies			Income (losses) related to associated companies classified as other revenues			Contributions to (distributions from) associated companies, net			Other, including foreign exchange and unrealized gains (losses)		Loans to and investments in associated companies as of March 31,

2017
Jefferies Finance	$	490,464	$	—		$	24,965		$	—		$	—	$	515,429
Jefferies LoanCore	154,731		—			2,332			(7,760		)	—		149,303
Berkadia	184,443		16,954			—			(1,924		)	102		199,575
FXCM	336,258		(149,900		)	—			—			349		186,707
Garcadia Companies	185,815		13,294			—			(12,588		)	—		186,521
Linkem	154,000		(8,148		)	—			31,996			3,520		181,368
HomeFed	302,231		336			—			31,316			—		333,883
Golden Queen (1)	111,302		(1,297		)	—			—			—		110,005
54 Madison (2)	161,400		(608		)	—			25,807			—		186,599
Other	44,454		795			(1,034		)	28,873			1		73,089
Total	$	2,125,098	$	(128,574	)	$	26,263		$	95,720		$	3,972	$	2,122,479

2016
Jefferies Finance	$	528,575	$	—		$	(22,806	)	$	(19,300	)	$	—	$	486,469
Jefferies LoanCore	288,741		—			(187		)	(27,073		)	—		261,481
Berkadia	190,986		13,054			—			(5,400		)	215		198,855
Garcadia Companies	172,660		15,327			—			(14,352		)	—		173,635
Linkem	150,149		(8,200		)	—			33,297			8,648		183,894
HomeFed	275,378		(1,288		)	—			—			—		274,090
Golden Queen	114,323		(355		)	—			—			—		113,968
54 Madison	—		1,227			—			107,679			3,642		112,548
Other	36,557		287			(423		)	2,109			—		38,530
Total	$	1,757,369	$	20,052		$	(23,416	)	$	76,960		$	12,505	$	1,843,470


(1)	At March 31, 2017 and December 31, 2016, the balance reflects $32.4 million and $32.8 million, respectively, related to a noncontrolling interest.


(2)	At March 31, 2017 and December 31, 2016, the balance reflects $109.3 million and $95.3 million, respectively, related to noncontrolling interests.

Income (losses) related to associated companies includes the following for the three months ended March 31, 2017 and 2016 (in thousands):



	For the Three Months Ended March 31,
	2017			2016
Berkadia	$	16,954		$	13,054
FXCM	(149,900		)	—
Garcadia companies	13,294			15,327
Linkem	(8,148		)	(8,200		)
HomeFed	336			(1,288		)
Golden Queen	(1,297		)	(355		)
54 Madison	(608		)	1,227
Other	795			287
Total	$	(128,574	)	$	20,052

Income (losses) related to associated companies classified as Other revenues includes the following for the three months ended March 31, 2017 and 2016 (in thousands):



	For the Three Months Ended March 31,
	2017			2016
Jefferies Finance	$	24,965		$	(22,806	)
Jefferies LoanCore	2,332			(187		)
Other	(1,034		)	(423		)
Total	$	26,263		$	(23,416	)