Variable Interest Entities and Other Investments (Tables)

3 Months Ended

Mar. 31, 2019

Variable Interest Entities And Other Investments [Abstract]

Summary of Investment in Limited Partnerships Subsequent to Adoption of ASU 2016-01

The following table presents a summary of the Company’s investments in limited partnerships subsequent to the adoption of ASU 2016-01 and as of March 31, 2019 and December 31, 2018:

(In thousands)	March 31, 2019		December 31, 2018
Affordable housing projects (amortized cost)	$	25,167	$	7,803
Limited partnerships accounted for under the fair value practical expedient of NAV		11,601		11,191
Limited partnerships without readily determinable fair values that do not qualify for the practical expedient of NAV accounted for under the cost method		10,208		8,714
Limited partnerships required to be accounted for under the equity method		9,209		9,209
Total investments in limited partnerships	$	56,185	$	36,917

Summary of Carrying Amount of Equity Investments Measured Under Measurement Alternative from Observable Transactions

The carrying amount of equity investments measured under the measurement alternative from observable transactions are as follows:

(In thousands)	Carrying Amount
Carrying value, December 31, 2018	$	8,714
Reclassifications		800
Distributions		(42	)
Contributions		736
Carrying value, March 31, 2019	$	10,208