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Other Income
12 Months Ended
Dec. 31, 2020
Other income  
Other Income

8.     Other income

Other income primarily includes interest income, equity investment income, rental and storage income. For the year ended December 31, 2020, the Company recognized $1,700,000 of other income related to the contingent consideration received on the disposition of one of the Company’s equity accounted for investments upon achievement of certain financial targets.

In 2018, the Company included in other income a gain of $4,935,000 on the disposition of one of the Company’s equity accounted for investments. The Company received net proceeds of $6,147,000 on closing and is entitled to receive up to $1,020,000 upon the satisfaction of certain escrow release conditions over a period of five years. The first and second escrow tranches were released during the periods ended December 31, 2019 and 2020, respectively.