20. Related Parties

HC2

In January 2015, the Company entered into a services agreement (the “Services Agreement”) with Harbinger Capital Partners, a related party of the Company, with respect to the provision of services that may include providing office space and operational support and each party making available their respective employees to provide services as reasonably requested by the other party, subject to any limitations contained in applicable employment agreements and the terms of the Services Agreement. The Company recognized $3.1 million and $1.8 million of expenses under the Services Agreement for the year ended December 31, 2016 and 2015, respectively.

In April 2015, the Company purchased a $16.1 million convertible debenture of Gaming Nation, Inc. ("Gaming Nation"). On February 22, 2016, Gaming Nation purchased 41,204 shares of the common stock of DMi, which at the time was a wholly-owned subsidiary of the Company. The purchase price paid by Gaming Nation for the shares was $4.0 million. As part of the investment, Gaming Nation was given the right to designate one member of the DMi board of directors, and the number of directors was increased to five in connection with the investment.

GMSL

The parent company of GMSL, Global Marine Holdings, LLC, incurred management fees of $0.7 million and $0.7 million for the years ended December 31, 2016 and 2015, respectively.

GMSL also has investments in various entities for which it exercises significant influence. A summary of transactions with such entities and balances outstanding are as follows (in thousands):



	Years Ended December 31,
	2016		2015
Net revenue	$	28,127	$	23,457
Operating expenses	7,272		2,888
Interest expense	1,498		1,590
Dividends received	2,200		12,357



	December 31,
	2016		2015
Accounts receivable	$	2,644	$	5,058
Long-term obligations	34,766		$	37,627
Accounts payable	2,760		$	9