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Other Assets and Receivables
12 Months Ended
Dec. 31, 2017
Other Assets and Receivables.  
Other Assets and Receivables

Note 8: Other Assets and Receivables

The following items are included in other assets and receivables in the consolidated balance sheets.

Investment in Qualified Affordable Housing Limited Partnerships

The Company invests in qualified affordable housing limited partnerships. At December 31, 2017 and 2016, the balance of the investments for qualified affordable housing limited partnerships was $15.6 million and $12.9 million, respectively. The Company expects to contribute an additional $4.1 million related to the partnerships outstanding at December 31, 2017; however, the Company is not obligated to contribute additional capital, as such payments are based on certain development, operational and/or tax credit benchmarks. During the years ended December 31, 2017 and 2016, the Company did not record amortization expense, tax credits or other benefits related to these investments. The Company expects to receive tax credits and other benefits beginning in 2018 and will begin amortization based on the proportional amortization method.

Other Receivables

At December 31, 2017 and 2016, the Company had short‑term receivables of $2.6 million and $14.1 million, respectively. These receivables primarily represented prepaid trading and settlement fees paid to non-affiliated originator that were collected at the time of applicable GNMA security settlements with the remaining amounts collected in the normal course of business.

Other items included in other assets and receivables on the balance sheet are not significant.