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Note 18 - Related Party Transactions
9 Months Ended
Sep. 30, 2014
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

18.              Related Party Transactions


Management Agreements


On April 5, 2011, the Company entered into a management agreement with RiverBanc, pursuant to which RiverBanc provides investment management services to the Company. On March 13, 2013, the Company entered into an amended and restated management agreement with RiverBanc (as amended, the “RiverBanc Management Agreement”). The RiverBanc Management Agreement replaces the prior management agreement between RiverBanc and the Company, dated as of April 5, 2011. The amended and restated agreement has an effective date of January 1, 2013 and has a term that will expire on December 31, 2014, subject to automatic annual one-year renewals thereof.


As of September 30, 2014 and December 31, 2013, the Company owned a 20% membership interest in RiverBanc. For the three and nine months ended September 30, 2014, the Company recognized approximately $1.1 million and $1.4 million in income related to its investment in RiverBanc, respectively. For the three and nine months ended September 30, 2013, the Company recognized approximately $0.1 million and $0.2 million in income related to its investment in RiverBanc, respectively.


 For the three and nine months ended September 30, 2014, the Company expensed $5.7 million and $8.0 million in fees to RiverBanc, respectively.   For the three and nine months ended September 30, 2013, the Company expensed $0.7 million and $2.1 million in fees to RiverBanc, respectively. As of September 30, 2014 and December 31, 2013, the Company had fees payable to RiverBanc of $5.3 million and $1.0 million, respectively, included in accrued expenses and other liabilities.