XML 51 R20.htm IDEA: XBRL DOCUMENT v3.20.1
Other Investments
3 Months Ended
Mar. 31, 2020
Other Investments [Abstract]  
Other Investments Other Investments
At March 31, 2020, the Company held $15.8 million in investments in certain limited partnerships that invest in various innovative companies in the health care and education-related technology fields. The Company has commitments to invest up to an additional $2.1 million across these partnerships through 2027. The Company's investments range from 3%-5% of any partnership’s interest and are accounted for under the equity method. At December 31, 2019, the Company's investment in limited partnerships was $15.8 million.
The following table illustrates changes in the Company’s limited partnership investments for the three months ended March 31, 2019 and 2020 (in thousands):
 
For the three months ended
March 31,
 
2019
 
2020
Limited partnership investments, beginning of period
$
13,449

 
$
15,795

Capital contributions
268

 
118

Pro-rata share in the net income of limited partnerships
957

 
232

Distributions
(851
)
 
(340
)
Limited partnership investments, end of period
$
13,823

 
$
15,805