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INVESTMENTS
 12 Months Ended
Dec. 31, 2022
Schedule of Investments [Abstract]  
INVESTMENTS INVESTMENTS
The following table summarizes the Company's investments in nonconsolidated affiliates and other securities:
(In thousands)Available-for-Sale Debt SecuritiesEquity Method InvestmentsOther InvestmentsMarketable Equity SecuritiesTotal Investments
Balance at December 31, 2020$31,456 $11,065 $26,624 $1,429 $70,574 
Purchases of investments7,263 690 15,368 — 23,321 
Equity in loss— (1,138)— — (1,138)
Disposals (426)— (1,172)— (1,598)
Gain (loss) on investments(62)— (8,680)2,801 (5,941)
Other(4,363)— 5,070 — 707 
Balance at December 31, 2021$33,868 $10,617 $37,210 $4,230 $85,925 
Purchases of investments13,458 2,813 25,102 — 41,373 
Equity in income— (11)— — (11)
Disposals(239)— — (326)(565)
Gain (loss) on investments, net(6,520)— 11,332 (6,433)(1,621)
Other(1,454)— (1,407)2,981 120 
Balance at December 31, 2022$39,113 $13,419 $72,237 $452 $125,221 
Equity method investments in the table above are not consolidated, but are accounted for under the equity method of accounting. The Company records its investments in these entities on the balance sheet within “Other assets.” The Company's interests in the operations of equity method investments are recorded in the statement of comprehensive loss as “Equity in loss of nonconsolidated affiliates.” Other investments includes various investments in companies for which there is no readily determinable market value.
During 2022, the Company recorded $41.4 million for investments made in eleven companies in exchange for advertising services and cash. One of these investments is being accounted for under the equity method of accounting, eight of these investments are being accounted for under the measurement alternative and five of these investments are notes receivable that are convertible into cash or equity.
During 2021, the Company recorded $17.5 million for investments made in seven companies in exchange for advertising services and cash. One of these investments is being accounted for under the equity method of accounting, three of these investments are being accounted for under the measurement alternative and three of these investments are notes receivable that are convertible into cash or equity.
The Company recognized barter revenue of $40.7 million and $16.3 million in the year ended December 31, 2022 and 2021, respectively. The Company recognized non-cash investment impairments totaling $8.7 million on our investments for the year ended December 31, 2021, which was recorded in “Gain (loss) on investments, net.” There were no impairments recorded for the year ended December 31, 2022.