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The LLCs are managed by an affiliate of the Company's largest shareholder and the Company's Chairman and Chief Executive Officer has invested in certain of these LLCs. The equity method is used to account for the Company's LLC investments. Income for the LLCs primarily reflects adjustments to the carrying values of investments in renewable energy projects to their determined fair values. The fair value adjustments are included in revenues for the LLCs. Expenses for the LLCs are not significant and are comprised of administrative and interest expenses. The Company received cash distributions from these investments totaling $1.5 million and $951,000 in the six months ended June 30, 2016 and 2015, respectively. The Company has held investments in bridge loans for renewable energy projects. The notes, all with affiliates of the Company's largest shareholder, generally matured in less than one year and carried primarily variable rates of interest ranging from 7.3% to 15.0%. Original discounts and commitment fees received were recognized over the terms of the notes under the effective interest method. During the six months ended June 30, 2016, the outstanding balance of a $6.5 million note was fully repaid. In the six months ended June 30, 2015, the Company invested $26.5 million in these notes and received repayments of $6.3 million. The Company owns investments in limited partnerships that invest in concentrated portfolios of high yield bonds of companies undergoing financial stress, publicly-traded small cap equities, loans of middle market private equity sponsored companies, and equity tranches of collateralized loan obligations (CLOs). Income from the partnerships is recognized under the equity method of accounting. The Company's Corporate and Other segment held investments in limited partnerships of $2.4 million at June 30, 2016 and recognized investment income of $235,000 and investment losses of $74,000 for the six months ended June 30, 2016 and 2015, respectively. The Chairman and Chief Executive Officer of the Company is an investor in one limited partnership held by the Corporate and Other segment. The Company's Excess and Surplus Lines segment holds investments in limited partnerships of $17.4 million at June 30, 2016. Investment income of $1.6 million was recognized on the investments for the six months ended June 30, 2016. At June 30, 2016 the Company's Excess and Surplus lines segment has an outstanding commitment to invest another $2.6 million in a limited partnership that invests in loans of middle market private equity sponsored companies. The Company holds $4.5 million of subordinated notes issued by a bank holding company. 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