Investments in Equity Securities (Tables)

9 Months Ended

Sep. 30, 2020

Equity securities

Debt Securities, Available-for-sale [Line Items]

Schedule of Investments in Equity Securities

At September 30, 2020 and December 31, 2019, investments in equity securities were as follows:

(In thousands)	Cost		Gross Unrealized				Fair Value		Carrying Value
			Gains		Losses
September 30, 2020
Common stocks	$	184,196	$	8,042	$	(31,380)	$	160,858	$	160,858
Preferred stocks	177,444		100,004		(3,003)		274,445		274,445
Total	$	361,640	$	108,046	$	(34,383)	$	435,303	$	435,303
December 31, 2019
Common stocks	$	175,928	$	16,967	$	(26,090)	$	166,805	$	166,805
Preferred stocks	169,171		148,243		(3,599)		313,815		313,815
Total	$	345,099	$	165,210	$	(29,689)	$	480,620	$	480,620