VARIABLE INTEREST ENTITIES (Tables)

3 Months Ended

Mar. 31, 2017

VARIABLE INTEREST ENTITIES

Schedule of contributions and commitments

	Three Months Ended
	March 31,
	2017		2016
	(in thousands)
Alliance Minerals
Beginning cumulative commitment fulfilled	$	137,077	$	63,498
Capital contributions - Cash		6,035		19,080
Capital contributions - Net AllDale Minerals' distributions received by Cavalier Minerals (1)		—		399
Ending cumulative commitment fulfilled		143,112		82,977
Remaining commitment		888		61,023
Total committed	$	144,000	$	144,000
Bluegrass Minerals
Beginning cumulative commitment fulfilled	$	5,712	$	2,646
Capital contributions - Cash		251		795
Capital contributions - Net AllDale Minerals' distributions received by Cavalier Minerals (1)		—		17
Ending cumulative commitment fulfilled		5,963		3,458
Remaining commitment		37		2,542
Total committed	$	6,000	$	6,000

(1) Represents distributions received from AllDale Minerals net of distributions reinvested and payments to Bluegrass Minerals for administration expense.

Schedule of distributions

	Three Months Ended
	March 31,
	2017		2016
	(in thousands)
Alliance Minerals	$	4,563	$	—
Bluegrass Minerals		190		—