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Investments is Low Income Housing Tax Credits Investments in Qualified Affordable Housing Projects - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Investments in Affordable Housing Projects [Abstract]    
Original investment value $ 124,302 $ 96,275
Amortization Method Qualified Affordable Housing Project Investments 94,097 72,510
Capital commitment relating to low income housing project investments 47,408 34,967
Tax credits and benefits 10,671 [1] 7,342
Amortization of investments 8,676 [2] 5,645
Net income tax benefit $ 1,995 [3] $ 1,696
[1] (1) This amount reflects anticipated tax credits and tax benefits for the full year ended December 31, 2020.
[2] (2) The amortization amount reduces the tax credits and benefits anticipated for the full year ended December 31, 2020.
[3] (3) This amount represents the net tax benefit expected to be realized for the full year ended December 31, 2020 in determining the Company's effective tax rate.