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Other Assets
3 Months Ended
Mar. 31, 2018
Schedule of Investments [Abstract]  
Other Assets
Other Assets
The following table summarizes our other assets as of March 31, 2018 and December 31, 2017.
$ in thousands
March 31, 2018
 
December 31, 2017
FHLBI stock
74,250

 
74,250

Investments in unconsolidated ventures
28,168

 
25,972

Investment in exchange-traded fund
3,966

 
3,979

Prepaid expenses and other assets
988

 
1,379

Total
107,372

 
105,580


IAS Services LLC, our wholly-owned subsidiary, is required to purchase and hold FHLBI stock as a condition of membership in the FHLBI. The stock is recorded at cost.
We have invested in unconsolidated ventures that are managed by an affiliate of our Manager. The unconsolidated ventures invest in our target assets. Refer to Note 16 - "Commitments and Contingencies" for additional details regarding our commitments to these unconsolidated ventures.
We have invested in an exchange-traded fund that is managed by an affiliate of our Manager. The exchange-traded fund invests in our target assets.