Other Assets

The following table summarizes our other assets as of June 30, 2017 and December 31, 2016.



$ in thousands	June 30, 2017	December 31, 2016
FHLBI stock	74,250	74,250
Investments in unconsolidated ventures	23,311	33,301
Investment in exchange-traded fund	3,979	500
Prepaid expenses and other assets	888	1,246
Total	102,428	109,297

IAS Services LLC, our wholly-owned subsidiary, is required to purchase and hold FHLBI stock as a condition of membership in the Federal Home Loan Bank of Indianapolis ("FHLBI"). The stock is recorded at cost.

We have invested in unconsolidated ventures that are managed by an affiliate of our Manager. The unconsolidated ventures invest in our target assets. Refer to Note 16 - "Commitments and Contingencies" for additional details regarding our commitments to these unconsolidated ventures.

We have invested in an exchange-traded fund that is managed by an affiliate of our Manager. The exchange-traded fund invests in our target assets.