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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)
9 Months Ended
Sep. 30, 2017
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]  
Schedule of investment in unconsolidated subsidiaries
The components of the Company's investments in unconsolidated subsidiaries were as follows:
 
(dollars in thousands)
September 30, 2017
 
December 31, 2016
Investments in low income housing tax credit partnerships
$
3,726

 
$
3,353

Trust preferred investments
2,792

 
2,792

Investments in affiliates
529

 
690

Other
54

 
54

Total
$
7,101

 
$
6,889

The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the three and nine months ended September 30, 2017 and September 30, 2016:

(dollars in thousands)
Three Months Ended
September 30, 2017
 
Three Months Ended
September 30, 2016
 
Nine Months Ended
September 30, 2017
 
Nine Months Ended
September 30, 2016
Cost method:
 
 
 
 
 
 
 
Amortization expense recognized in other operating expense
$
174

 
$
259

 
$
630

 
$
774

Tax credits recognized in income tax expense
218

 
292

 
744

 
877