OTHER CONSOLIDATED BALANCE SHEET COMPONENTS (NON-CURRENT) (Tables)

9 Months Ended

Sep. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

The following table presents the detail of other non-current assets (in thousands):



	September 30, 2019		December 31, 2018
Marketable equity investment (i)	$	28,875	$	45,342
Non-current lease prepayments	34,199		—
Other	18,252		13,051
Total	$	81,326	$	58,393

⁽ⁱ⁾ This balance represents the Company's investment in Class B common shares of Eventbrite, Inc. (Eventbrite). The investment is carried at fair value with changes in fair value being recorded on the consolidated statement of operations. During the three and nine months ended September 30, 2019, the Company recorded a gain of $2.5 million and a loss of $16.5 million,

respectively, to other expense (income), net on the consolidated statements of operations arising from revaluation of this investment.

Schedule of Other Non-Current Liabilities

The following table presents the detail of other non-current liabilities (in thousands):



	September 30, 2019		December 31, 2018
Statutory liabilities (i)	$	51,623	$	54,748
Deferred rent, non-current (ii)	—		23,003
Deferred revenue, non-current	6,238		4,977
Other	12,622		10,558
Total	$	70,483	$	93,286

⁽ⁱ⁾Statutory liabilities represent loss contingencies that may arise from the Company's interpretation and application of certain guidelines and rules issued by various federal, state, local, and foreign regulatory authorities.

⁽ⁱⁱ⁾The adoption of ASC 842 on January 1, 2019 resulted in the reclassification of deferred rent as an offset to right-of-use lease assets.