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Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities (Tables)
9 Months Ended
Sep. 30, 2021
Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities [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 September 30, 2021 and December 31, 2020:
($ in thousands)September 30, 2021December 31, 2020
Investments in qualified affordable housing partnerships, net$297,367 $213,555 
Accrued expenses and other liabilities — Unfunded commitments$148,171 $77,444 
Schedule of additional information related to investments in qualified affordable housing partnerships, net
The following table presents additional information related to the Company’s investments in qualified affordable housing partnerships, net, for the three and nine months ended September 30, 2021 and 2020:
($ in thousands)Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Tax credits and other tax benefits recognized$7,503 $11,402 $28,583 $34,205 
Amortization expense included in income tax expense
$9,147 $8,975 $25,595 $26,507 
Schedule of investment in tax credit and other investments, net and related unfunded commitments
The following table presents the Company’s investments in tax credit and other investments, net, and related unfunded commitments as of September 30, 2021 and December 31, 2020:
($ in thousands)September 30, 2021December 31, 2020
Investments in tax credit and other investments, net$367,428 $266,525 
Accrued expenses and other liabilities — Unfunded commitments$194,796 $105,282 
Schedule of Amortization of Tax Credit and Other Investments
The following table presents additional information related to the Company’s investments in tax credit and other investments, net, for the three and nine months ended September 30, 2021 and 2020:
($ in thousands)Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Amortization of tax credit and other investments38,008 17,209 90,657 57,819