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Other Investments

12 Months Ended

Dec. 31, 2019

19. Other Investments

At December 31, 2019, the Company held $15.8 million in investments in certain limited partnerships that invest in various innovative companies in the health care and education-related technology fields. The Company has commitments to invest up to an additional $2.2 million across these partnerships through 2027. The Company’s investments range from 3%-5% of any partnership’s interest and are accounted for under the equity method.

The following table illustrates changes in the Company’s limited partnership investments for the years ended December 31, 2018 and 2019 (in thousands):


	2018		2019
Limited partnership investments, beginning of period	$	—	$	13,449
Additions from merger		12,803		—
Capital contributions		737		1,035
Pro-rata share in the net income of limited partnerships		(91)		2,337
Distributions		—		(1,026)
Limited partnership investments, end of period	$	13,449	$	15,795