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INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES
9 Months Ended
Sep. 30, 2023
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:

 September 30,
2023
December 31,
2022
 (In thousands)
BetMGM (50%)
$— $31,760 
Other231,998 141,279 
 $231,998 $173,039 

The Company’s share of losses of BetMGM in excess of its equity method investment balance is $7 million as of September 30, 2023.

The Company recorded its share of income (loss) from unconsolidated affiliates as follows:

 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2023202220232022
 (In thousands)
Income (loss) from unconsolidated affiliates$22,507 $(17,467)$(68,681)$(119,888)
Non-operating items from unconsolidated affiliates438 (995)(1,187)(22,248)
 $22,945 $(18,462)$(69,868)$(142,136)
The following table summarizes information related to the Company’s share of operating income (loss) from unconsolidated affiliates:
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2023202220232022
 (In thousands)
MGP BREIT Venture (through April 29, 2022)$— $— $— $51,051 
BetMGM12,629 (23,582)(91,743)(186,804)
Other9,878 6,115 23,062 15,865 
 $22,507 $(17,467)$(68,681)$(119,888)

In connection with the VICI Transaction in April 2022, the Company deconsolidated MGP and, accordingly, derecognized the assets and liabilities of MGP, which included MGP OP’s investment in MGP BREIT Venture.

MGP BREIT Venture distributions. During the nine months ended September 30, 2022, MGP OP received $32 million in distributions from MGP BREIT Venture.

BetMGM contributions. During the nine months ended September 30, 2023, the Company contributed $50 million to BetMGM. During the three and nine months ended September 30, 2022, the Company contributed $50 million and $200 million to BetMGM, respectively.