The following table presents the components of other assets.

Other Assets (dollars in millions)



	December 31, 2017		December 31, 2016
Tax credit investments and investments in unconsolidated subsidiaries⁽¹⁾	$	247.6	$	220.2
Counterparty receivables	241.3		437.3
Current and deferred federal and state tax assets	205.2		201.3
Property, furniture and fixtures	173.9		191.1
Indemnification assets	142.4		341.4
Intangible assets	113.0		140.7
Other⁽²⁾⁽³⁾	472.1		585.0
Total other assets	$	1,595.5	$	2,117.0

⁽¹⁾

Included in this balance are LIHTC of $182.8 million and $151.3 million as of December 31, 2017, and December 31, 2016, respectively, that provide tax benefits to investors in the form of tax deductions from operating losses and tax credits. As a limited partner, the Company has no significant influence over the operations. During 2017, the Company recorded a cumulative earnings adjustment due to its accounting policy change for LIHTC from the equity method to the proportional amortization method as the preferable method. Refer to Note 1 - Business and Summary of Significant Accounting Policy for additional information. The Company had recognized a pre-tax loss of $12.1 million and no post-tax amortization expense during 2016. In addition, during 2017 and 2016, the Company recognized total tax benefits of $29.6 million and $20.6 million, respectively, which included tax credits of $22.6 million and $15.9 million recorded in income taxes. During 2017, the Company recorded $50.8 million in tax provision under the proportional amortization method. The Company is periodically required to provide additional financial support during the investment period. The Company's liability for these unfunded commitments was $66.6 million and $62.3 million at December 31, 2017, and December 31, 2016, respectively. See Note 10 — Borrowings.


⁽²⁾	Other includes executive retirement plan and deferred compensation, other deferred charges, prepaid expenses, accrued interest and dividends, and other miscellaneous assets.


⁽³⁾	Other also includes servicing advances. As of December 31, 2017 and December 31, 2016, the loans serviced for others total $34.1 million and $55.1 million for single family mortgage loans, respectively.