Table:
|  | As of |  |
| --- | --- | --- |
| (In thousands) | December 29, 2019 | December 30, 2018 |
| Equity investments with readily determinable fair value: |  |  |
| Enphase Energy, Inc | $173,908 | $36,225 |
| Total equity investments with readily determinable fair value | 173,908 | 36,225 |
| Equity investments without readily determinable fair value: |  |  |
| Project entities | 2,677 | 2,951 |
| Other equity investments without readily determinable fair value | 5,859 | 5,859 |
| Total equity investments without readily determinable fair value | 8,536 | 8,810 |
| Equity investments with fair value option: |  |  |
| SunStrong Capital Holdings, LLC | 8,000 | 8,831 |
| SunStrong Partners, LLC | 9,500 | — |
| 8point3 Solar Investco 3 Holdings, LLC | — | — |
| Total equity investment with fair value option | 17,500 | 8,831 |
| Equity method investments |  |  |
| Huansheng Corporation | 26,533 | 32,784 |
| Project entities | 125 | 2,044 |
| Total equity method investments | 26,658 | 34,828 |
| Total equity investments | $226,602 | $88,694 |
Paragraphs:
Note 10. EQUITY INVESTMENTS
Our equity investments consist of equity investments with readily determinable fair value, investments without readily determinable fair value, equity investments accounted for using the fair value option, and equity method investments.
Our share of earnings (losses) from equity investments accounted for under the equity method is reflected as ‘‘Equity in earnings (losses) of unconsolidated investees’’ in our consolidated statements of operations. Mark-to-market gains and losses on equity investments with readily determinable fair value are reflected as ‘‘other, net’’ under other income (expense), net in our consolidated statements of operations. The carrying value of our equity investments, classified as ‘‘other long-term assets’’ on our consolidated balance sheets, are as follows:
Question:
What does the company's equity investments consist of?
Answer: Consist of equity investments with readily determinable fair value, investments without readily determinable fair value, equity investments accounted for using the fair value option, and equity method investments.