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Qualified Affordable Housing Project Investments (Tables)
12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Investment in LIHTC Projects
The following table presents the Company's original investment in the LIHTC funds, the current recorded investment balance, and the unfunded liability balance of each investment at December 31, 2017 and 2016. In addition, the table reflects the tax credits and tax benefits recorded by the Company during 2017 and 2016, the amortization of the investment and the net impact to the Company's income tax provision for 2017 and 2016.

Qualified Affordable Housing Funds at
December 31, 2017
 
Original Investment Value
 
Current Recorded Investment
 
Unfunded Liability Obligation
 
Tax Credits and Tax Deductions (1)
 
Amortization of Investments (2)
 
Net Income Tax Benefit
 
 
 
 
 
 
 
 
 
 
 
 
 
WNC Institutional Tax Credit
Fund X, CA Series 11 L.P.
 
$
5,000

 
$
2,750

 
$
85

 
$
455

 
$
500

 
$
(663
)
WNC Institutional Tax Credit
Fund X, CA Series 12, L.P.
 
5,000

 
3,250

 
288

 
482

 
500

 
(690
)
Sycamore Court
 
6,181

 
5,582

 
927

 
1,577

 
599

 
(782
)
        Total - Investments in
Qualified Affordable
Housing Projects
 
$
16,181

 
$
11,582

 
$
1,300

 
$
2,514

 
$
1,599

 
$
(2,135
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Qualified Affordable Housing Funds at
December 31, 2016
 
Original Investment Value
 
Current Recorded Investment
 
Unfunded Liability Obligation
 
Tax Credits and Tax Deductions (1)
 
Amortization of Investments (2)
 
Net Income Tax Benefit
 
 
 
 
 
 
 
 
 
 
 
 
 
WNC Institutional Tax Credit
Fund X, CA Series 11 L.P.
 
$
5,000

 
$
3,250

 
$
223

 
$
488

 
$
542

 
$
(596
)
WNC Institutional Tax Credit
Fund X, CA Series 12, L.P.
 
5,000

 
3,750

 
526

 
473

 
782

 
(637
)
        Total - Investments in
Qualified Affordable
Housing Projects
 
$
10,000

 
$
7,000

 
$
749

 
$
961

 
$
1,324

 
$
(1,233
)
(1) The amounts reflected in this column represent both the tax credits, as well as the tax benefits generated by the Qualified Affordable Housing Projects operating loss for the year, which are included in the calculation of income tax expense.
(2) This amount represents the amortization of the investment cost of the LIHTC.