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Other Non-Operating Income
 12 Months Ended
Dec. 31, 2023
Other Nonoperating Income (Expense) [Abstract]  
Other Non-Operating Income OTHER NON-OPERATING INCOME
A summary of non-operating income is as follows:
Year Ended December 31
(in thousands)202320222021
Net gain on sale of businesses$15,618 $22,679 $3,789 
Net gain on cost method investments3,104 6,883 11,756 
Foreign currency loss, net(1,141)(2,023)(179)
Gain on sale of cost method investments958 3,294 9,355 
Impairment of cost method investments(500)(1,305)— 
Gain on sale of investment in affiliates15 604 — 
Other, net1,040 3,368 7,833 
Total Other Non-Operating Income$19,094 $33,500 $32,554 
The gain on cost method investments result from observable price changes in the fair value of the underlying equity securities accounted for under the cost method (see Notes 4 and 12).
For the years ended December 31, 2023, 2022 and 2021, the Company recorded contingent consideration gains of $5.6 million, $4.3 million and $3.9 million, respectively, related to the disposition of Kaplan University (KU) in 2018.
In the second quarter of 2023, the Company recorded a $10.0 million gain related to the Pinna transaction (see Notes 3 and 4). The Company used a market approach to determine the fair value of the noncontrolling financial interest received in Realm in exchange for the Pinna business.
In the fourth quarter of 2022, the Company recorded an $18.4 million gain related to the CyberVista transaction (see Notes 3 and 4). The Company used a market approach to determine the fair value of the noncontrolling financial interest retained in CyberVista through its interest in N2K Networks.