Below is a summary of activity for each of the Company’s other investments for the three months ended March 31, 2019:

	DCIP			AC JV, LLC		DCDC		FE Concepts		Other			Total
Balance at January 1, 2019	$	125,252		$	5,266	$	2,255	$	19,918	$	4,075		$	156,766
Cash distributions received		(5,218	)		—		—		—		—			(5,218	)
Equity in income		4,329			1,678		—		3		—			6,010
Equity in other comprehensive loss		(71	)		—		—		—		—			(71	)
Other		—			—		—		—		(29	)		(29	)
Balance at March 31, 2019	$	124,292		$	6,944	$	2,255	$	19,921	$	4,046		$	157,458

On February 12, 2007, the Company, AMC and Regal entered into a joint venture known as DCIP to facilitate the implementation of digital cinema in the Company’s theatres and to establish agreements with major motion picture studios for the financing of digital cinema. As of March 31, 2019, the Company had a 33% voting interest in DCIP and a 24.3% economic interest in DCIP. The Company accounts for its investment in DCIP and its subsidiaries under the equity method of accounting.

	Three Months Ended
	March 31, 2019		March 31, 2018
Gross revenues	$	44,774	$	41,033
Operating income	$	20,208	$	23,445
Net income	$	18,485	$	21,534

	As of
	March 31, 2019		December 31, 2018
Current assets	$	49,937	$	52,531
Noncurrent assets	$	660,018	$	750,571
Current liabilities	$	68,372	$	62,251
Noncurrent liabilities	$	93,913	$	265,475
Members' equity	$	547,670	$	475,376

As of March 31, 2019, the Company had 3,866 digital projection systems being leased under the master equipment lease agreement with Kasima LLC, which is an indirect subsidiary of DCIP and a related party to the Company. The Company had the following transactions with DCIP, reflected in utilities and other costs on the condensed consolidated statements of income, during the three months ended March 31, 2019 and 2018:

	Three Months Ended
	March 31, 2019			March 31, 2018
Equipment lease payments	$	1,121		$	1,217
Warranty reimbursements from DCIP	$	(2,938	)	$	(2,501	)
Management service fees	$	158		$	194

During December 2013, the Company, Regal, AMC (the “AC Founding Members”) and NCM entered into a series of agreements that resulted in the formation of AC JV, LLC (“AC”), a joint venture that owns “Fathom Events” formerly operated by NCM. The Fathom Events business focuses on the marketing and distribution of live and pre-recorded entertainment programming to various theatre operators, including concerts, opera and symphony, DVD product releases and marketing events, theatrical premieres, Broadway plays, live sporting events and other special events. The Company paid event fees to AC of $5,317 and $2,571 for the three months ended March 31, 2019 and 2018, respectively, which are included in film rentals and advertising costs on the condensed consolidated statements of income. Additionally, the remaining outstanding balance of a note payable from the Company to NCM, related to the formation of AC, was $1,389 as of March 31, 2019.

Digital Cinema Distribution Coalition (“DCDC”) is a joint venture among the Company, Universal, Warner Bros., AMC and Regal. DCDC operates a satellite distribution network that distributes all digital content to U.S. theatres via satellite. The Company has an approximate 14.6% ownership in DCDC. The Company paid approximately $263 and $234 to DCDC during the three months ended March 31, 2019 and 2018, respectively, related to content delivery services provided by DCDC. These fees are included in film rentals and advertising costs on the condensed consolidated statements of income.

During April 2018, the Company, through its wholly-owned indirect subsidiary CNMK Texas Properties, LLC (“CNMK”), formed a joint venture, FE Concepts, LLC (“FE Concepts”) with AWSR Investments, LLC (“AWSR”), an entity owned by Lee Roy Mitchell and Tandy Mitchell. FE Concepts will develop and operate a family entertainment center that offers bowling, gaming, movies and other amenities. The Company and AWSR each invested approximately $20,000 and each have a 50% voting interest in FE Concepts. The Company accounts for its investment in FE Concepts under the equity method of accounting.