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Equity Method Investments (Tables)
3 Months Ended
Mar. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
Condensed financial information related to the Company’s non-consolidated equity method investment in ICP is shown below.
 
 
Quarter Ended
 
 
March 31,
2015
 
March 31,
2014
ICP’s Operating results:
 
 
 
 
Net sales (a)
 
$
39,598

 
$
58,849

Cost of sales and expenses (b)
 
35,169

 
48,027

Net income
 
$
4,429

 
$
10,822


(a) 
Includes related party sales to MGPI of $8,754 and $6,345 for the quarters ended March 31, 2015 and 2014, respectively.
(b) 
Includes depreciation and amortization of $662 and $671 for the quarters ended March 31, 2015 and 2014, respectively.

The Company’s investment in joint ventures is as follows:


March 31,
2015

December 31,
2014
ICP (30% interest)

$
13,252


$
11,924

DMI (50% interest)

421


449



$
13,673


$
12,373

The Company's Equity in Earnings (Loss) of Joint Ventures
The Company’s equity method investment earnings from joint ventures, based on unaudited financial statements, is as follows:
 
 
Quarter Ended
 
 
March 31,
2015
 
March 31,
2014
ICP (30% interest)
 
$
1,329

 
$
3,246

DMI (50% interest)
 
23

 
88

 
 
$
1,352

 
$
3,334