RELATED PARTY TRANSACTIONS (Tables)

3 Months Ended

Mar. 31, 2016

Related Party Transactions [Abstract]

Schedule of accounts receivable from and accounts payable to related parties

The following table reconciles the beginning and ending balances of accounts receivable from and (accounts payable) to related parties as of March 31, 2016 (dollars in thousands):

	Pillar
Related party receivable, December 31, 2015	$	28,147
Cash transfers		9,986
Advisory fees		(2,738	)
Net income fee		(72	)
Fees and commissions		(266	)
Cost reimbursements		(876	)
Interest income		442
Expenses paid by Advisor		(3,481	)
Financing (mortgage payments)		1,255
Related party receivable, March 31, 2016	$	32,397