Investment earnings (losses) consist of the following (in thousands) for the:
YEARS ENDED MARCH 31
Dividends
$
2019 2018 2017
5,033 4,805 3,331
Interest 1,079 1,689 1,047
Gain on sale of marketable securities, and other investments, net 6,242 26,074 2,776
(4,615) (9,784) 13,558
7,739 22,784 20,712
Unrealized (depreciation) appreciation of marketable securities
$
(6) INVESTMENTS IN UNCONSOLIDATED AFFILIATES
The Corporation has interests in various affiliates and joint ventures. The companies, the business in which they are
engaged, percentage of ownership at March 31, 2019, and investment amount were as follows at March 31 (in thousands):
BUSINESS PERCENTAGE
OF OWNERSHIP
Varies Varies
JL-BBNC, LLC Real Estate JL-Palms, LLC 2019 2018
1,947 1,868
16.67 % 3,255 3,590
Real Estate 37.67 4 581
Energy 20.00 778 1,273
CenterPoint West, LLC Real Estate 10.00 2,077 2,214
International Office Building, LLC Real Estate 20.00 2,002 2,130
JL Office Tower, LLC Real Estate 5.00 2,266 2,104
Energy 45.00 — 1,178
Real Estate 20.00 483 483
Marine 19.00 87 81
Vista Chenhall Tek JV, LLC Contracting 49.00 23 34
MECX-BTS JV, LLC Contracting 49.00 6 5
Three Star MedPro Tech JV, LLC Contracting 49.00 5 (11)
EA-SCF, JV Contracting 49.00 1 1
Bristol Industries, LLC Contracting 49.00 1,383 —
Woodbine Legacy Investment Partners, LLC Real Estate 3.26 — 4,792
JL-Triton, LLC Real Estate 21.44 1,843 1,813
JL-Keahotel Investor, LLC Real Estate 38.49 2,444 2,368
JL-Anchorage Hotels, LLC Real Estate 33.87 4,897 4,829
JL-Pebble Creek Utah Real Estate 38.00 4,507 —
Cost method investments
$
EQUIT Y METHOD INVESTMENTS:
JL-LFGTE, LLC
FACP-Natural Gas Storage, LLC
JL Orlando Hotel 4, LLC
ADESCO, LLC
M anagement ' s D iscussion and A nalysis
59