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INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES | 3 Months Ended
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Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract] |
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES | INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES Investments in and advances to unconsolidated affiliates consisted of the following:
| March 31, 2022 |  | December 31, 2021
| (In thousands)
MGP BREIT Venture (50.1% owned by the Operating Partnership) | $ | 818,053 |  |  | $ | 816,756 |
BetMGM (50%) | 74,065 |  |  | 41,060 |
Other | 116,026 |  |  | 109,228 |
| $ | 1,008,144 |  |  | $ | 967,044 |
The Company recorded its share of loss from unconsolidated affiliates, including adjustments for basis differences, as follows:
| Three Months Ended March 31,
| 2022 |  | 2021
| (In thousands)
Loss from unconsolidated affiliates | $ | (46,838) |  |  | $ | (25,579) |
Non-operating items from unconsolidated affiliates | (15,133) |  |  | (20,836) |
| $ | (61,971) |  |  | $ | (46,415) |
The following table summarizes information related to the Company’s share of operating loss from unconsolidated affiliates:
| Three Months Ended March 31,
| 2022 |  | 2021
| (In thousands)
CityCenter | $ | — |  |  | $ | (2,831) |
MGP BREIT Venture | 38,936 |  |  | 38,962 |
BetMGM | (91,993) |  |  | (59,236) |
Other | 6,219 |  |  | (2,474) |
| $ | (46,838) |  |  | $ | (25,579) |
Refer to Note 3 for discussion on the acquisition and consolidation of CityCenter in September 2021. MGP BREIT Venture distributions. For the three months ended March 31, 2022 and 2021, the Operating Partnership received $24 million and $15 million in distributions from MGP BREIT Venture, respectively. BetMGM contributions. For the three months ended March 31, 2022 and 2021, the Company contributed $125 million and $75 million to BetMGM, respectively.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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