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OTHER INCOME
3 Months Ended
Mar. 31, 2021
Other Income and Expenses [Abstract]  
OTHER INCOME, NET OTHER (EXPENSE) INCOME
Other (expense) income consisted of the following (amounts in thousands):
Three months ended
March 31,
 20212020
Gain on sale of assets$791 $348 
Equity investment income64 605 
Building rental income316 
Gain on property insurance settlement (1)— 4,936 
Gain on sale of Wheels India Limited shares— 1,302 
Other expense(1,230)(186)
 $(368)$7,321 

(1) The gain on property insurance settlement relates to the receipt of insurance proceeds during the three months ended March 31, 2020 for a 2017 fire that occurred at a facility of TTRC, a subsidiary of the Company, located in Fort McMurray in Alberta, Canada.