INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES

3 Months Ended

Mar. 31, 2018

Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES

7. INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES

The components of the Company's investments in unconsolidated subsidiaries were as follows:



(dollars in thousands)	March 31, 2018		December 31, 2017
Investments in low income housing tax credit partnerships	$	3,494	$	3,608
Trust preferred investments	2,792		2,792
Investments in affiliates	138		634
Other	54		54
Total	$	6,478	$	7,088

The Company had $2.6 million in unfunded low income housing commitments as of March 31, 2018 compared to $2.6 million at December 31, 2017. The Company expects to fund $1.9 million in 2018 and $0.7 million in 2019.

Investments in low income housing tax credit ("LIHTC") partnerships are accounted for using the cost method. The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the three months ended March 31, 2018 and March 31, 2017:



(dollars in thousands)	Three Months Ended March 31, 2018		Three Months Ended March 31, 2017
Cost method:
Amortization expense recognized in other operating expense	$	114	$	233
Tax credits recognized in income tax expense	152		266