Investment Funds (Tables)

12 Months Ended

Dec. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Investment Funds

At December 31, 2022 and 2021, investments in equity securities were as follows:

(In thousands)	Cost		Gross Unrealized				Fair Value		Carrying Value
			Gains		Losses
December 31, 2022
Common stocks	$	855,987	$	192,165	$	(65,401)	$	982,751	$	982,751
Preferred stocks	259,341		1,053		(57,251)		203,143		203,143
Total	$	1,115,328	$	193,218	$	(122,652)	$	1,185,894	$	1,185,894
December 31, 2021
Common stocks	$	619,896	$	92,401	$	(16,894)	$	695,403	$	695,403
Preferred stocks	250,149		7,874		(12,183)		245,840		245,840
Total	$	870,045	$	100,275	$	(29,077)	$	941,243	$	941,243

Investment funds consist of the following:

	Carrying Value as of December 31,				Income (Loss) From Investment Funds For the Year Ended
(In thousands)	2022		2021		2022		2021		2020
Financial services	$	465,683	$	431,818	$	34,030	$	98,893	$	34,763
Transportation	336,753		336,688		53,180		42,424		(616)
Real estate	204,644		273,690		48,723		29,484		7,543
Energy	116,432		150,224		1,425		22,118		(11,039)
Infrastructure	115,428		12,314		4,603		1,372		1,672
Other funds	369,608		275,878		3,138		25,723		21,930
Total	$	1,608,548	$	1,480,612	$	145,099	$	220,014	$	54,253