Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities (Tables)

6 Months Ended

Jun. 30, 2019

Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net [Abstract]

Schedule of investments in qualified affordable housing partnerships, net and related unfunded commitments

The following table presents the Company’s investments in qualified affordable housing partnerships, net, and related unfunded commitments as of June 30, 2019 and December 31, 2018:

($ in thousands)	June 30, 2019		December 31, 2018
Investments in qualified affordable housing partnerships, net	$	198,466	$	184,873
Accrued expenses and other liabilities — Unfunded commitments	$	83,785	$	80,764

Schedule of additional information related to investments in qualified affordable housing partnerships, net

The following table presents additional information related to the Company’s investments in qualified affordable housing partnerships, net, for the three and six months ended June 30, 2019 and 2018:

($ in thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Tax credits and other tax benefits recognized	$	11,506	$	8,940	$	23,332	$	18,095
Amortization expense included in income tax expense	$	9,657	$	6,700	$	18,554	$	13,773

Schedule of tax credits and other investments, net and accrued expenses for unfunded commitments

The following table presents the Company’s investments in tax credit and other investments, net, and related unfunded commitments as of June 30, 2019 and December 31, 2018:

($ in thousands)	June 30, 2019		December 31, 2018
Investments in tax credit and other investments, net	$	210,387	$	231,635
Accrued expenses and other liabilities — Unfunded commitments	$	73,369	$	80,228