2019 BBNC Annual Report - Page 61

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