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OTHER INCOME (Tables)
9 Months Ended
Sep. 30, 2021
Other Income and Expenses [Abstract]  
Other Income [Table Text Block]
Other income (expense) consisted of the following (amounts in thousands):
Three months endedNine months ended
September 30,September 30,
 2021202020212020
Equity investment income$273 $227 $397 $596 
Gain (loss) sale of assets132 (58)297 834 
Government subsidies— 892 — 1,402 
Gain on property insurance settlement (1)— — — 4,936 
Loss on sale of Wheels India shares— — — (703)
Gain on legal settlement (2)— — 1,750 — 
Other income (expense) (3)243 1,222 (932)2,046 
 $648 $2,283 $1,512 $9,111 

(1) The gain on property insurance settlement relates to the receipt of insurance proceeds during the three months ended March 31, 2020 for a 2017 fire that occurred at a facility of TTRC, a subsidiary of the Company, located in Fort McMurray in Alberta, Canada.
(2) The gain on legal settlement relates to proceeds received from a steel supplier during the three months ended June 30, 2021.
(3) Other income (expense) includes rental income for our Brownsville, Texas facility of $0.5 million and $1.2 million for the three and nine months ended September 30, 2020, respectively.