Investments In Equity Securities (Tables)

12 Months Ended

Dec. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments in Equity Securities

At December 31, 2023 and 2022, investments in equity securities were as follows:

(In thousands)	Cost		Gross Unrealized				Fair Value		Carrying Value
			Gains		Losses
December 31, 2023
Common stocks	$	664,997	$	191,806	$	(18,749)	$	838,054	$	838,054
Preferred stocks	284,335		3,075		(35,117)		252,293		252,293
Total	$	949,332	$	194,881	$	(53,866)	$	1,090,347	$	1,090,347
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

Investment funds consist of the following:

	Carrying Value as of December 31,				Income (Loss) From Investment Funds For the Year Ended
(In thousands)	2023		2022		2023		2022		2021
Financial services	$	433,407	$	465,683	$	(10,911)	$	34,030	$	98,893
Transportation	344,278		336,753		40,607		53,180		42,424
Real estate	201,625		204,644		(6,676)		48,723		29,484
Energy	114,794		116,432		5,058		1,425		22,118
Infrastructure	130,589		115,428		13,049		4,603		1,372
Other funds	396,962		369,608		(24,384)		3,138		25,723
Total	$	1,621,655	$	1,608,548	$	16,743	$	145,099	$	220,014