v2.4.1.9

Equity investments and other investments | 12 Months Ended
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Dec. 31, 2014
Investments Debt And Equity Securities [Abstract] |
Equity investments and other investments |
8. | Equity investments and other investments
Equity investments in non-consolidated businesses were $65,637 and $40,686 at December 31, 2014 and 2013, respectively. During 2014, 2013 and 2012, the Company recognized income of $23,234, $34,558 and $16,377, respectively, relating to equity investments in non-consolidated businesses under the equity method of accounting. In 2014 and 2013, the Company’s equity method investment income included $9,480 and $22,758, respectively, of equity income from HCP’s equity investments. During 2013, the Company purchased $5,000 of preferred stock in a privately held company that is accounted for under the cost method as this investment does not have a readily determinable fair value.

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