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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, 2022
Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net and Variable Interest Entities [Abstract]  
Schedule of Investment in Affordable Housing and Tax Credit and Other Investments, Net and Related Unfunded Commitments
The following table presents investments and unfunded commitments of the Company’s qualified affordable housing partnerships, tax credit, and other investments as of September 30, 2022 and December 31, 2021:
September 30, 2022December 31, 2021
($ in thousands)Assets
Liabilities - Unfunded Commitments (1)
Assets
Liabilities - Unfunded Commitments (1)
Investments in qualified affordable housing partnerships, net$400,871 $254,700 $289,741 $146,152 
Investments in tax credit and other investments, net324,383 153,840 338,522 163,464 
Total$725,254 $408,540 $628,263 $309,616 
(1)Included in Accrued expenses and other liabilities on the Consolidated Balance Sheet.
Schedule of Amortization of Affordable Housing and Tax Credit and Other Investments
The following table presents additional information related to the investments in qualified affordable housing partnerships, tax credit and other investments for the three and nine months ended September 30, 2022 and 2021:
($ in thousands)Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Investments in qualified housing partnerships, net
Tax credits and other tax benefits recognized$13,180 $11,361 $38,764 $34,083 
Amortization expense included in income tax expense$10,431 $9,147 $30,498 $25,595 
Investments in tax credit and other investments, net
Amortization of tax credit and other investments$19,874 $38,008 $48,753 $90,657 
Unrealized losses on equity securities with readily determinable values$(1,014)$(88)$(2,958)$(515)
Impairment recoveries (1)
$— $— $— $1,250 
(1)For the nine months ended September 30, 2021, impairment recoveries were related to one historic tax credit and two energy tax credits.