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Investments in and Advances to Unconsolidated Affiliates
 3 Months Ended
Mar. 31, 2019
Equity Method Investments And Joint Ventures [Abstract]  
Investments in and Advances to Unconsolidated Affiliates

NOTE 4 — INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES

 

Investments in and advances to unconsolidated affiliates consisted of the following:  

 

 

March 31,

 

 

December 31,

 

 

2019

 

 

2018

 

 

(In thousands)

 

CityCenter Holdings, LLC – CityCenter (50%)

$

575,686

 

 

$

589,965

 

Las Vegas Arena Company, LLC (42.5%)

 

74,607

 

 

 

73,540

 

Other

 

80,703

 

 

 

69,362

 

 

$

730,996

 

 

$

732,867

 

 

The Company recorded its share of net income from unconsolidated affiliates, including adjustments for basis differences, as follows:  

 

 

Three Months Ended

 

 

March 31,

 

 

2019

 

 

2018

 

 

(In thousands)

 

Income from unconsolidated affiliates

$

38,749

 

 

$

31,766

 

Preopening and start-up expenses

 

—

 

 

 

(3,321

)

Non-operating items from unconsolidated affiliates

 

(18,165

)

 

 

(9,010

)

 

$

20,584

 

 

$

19,435

 

 

CityCenter distributions. In March 2019, CityCenter paid a $64 million dividend, of which the Company received its 50% share, or approximately $32 million.