VARIABLE INTEREST ENTITIES (Tables)

6 Months Ended

Jun. 30, 2017

VARIABLE INTEREST ENTITIES

Schedule of contributions and commitments

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
	(in thousands)
Alliance Minerals
Beginning cumulative commitment fulfilled	$	143,112	$	82,977	$	137,077	$	63,498
Capital contributions - Cash		—		12,096		6,035		31,176
Capital contributions - Net AllDale Minerals' distributions received by Cavalier Minerals (1)		—		524		—		923
Ending cumulative commitment fulfilled		143,112		95,597		143,112		95,597
Remaining commitment		888		48,403		888		48,403
Total committed	$	144,000	$	144,000	$	144,000	$	144,000
Bluegrass Minerals
Beginning cumulative commitment fulfilled	$	5,963	$	3,458	$	5,712	$	2,646
Capital contributions - Cash		—		504		251		1,299
Capital contributions - Net AllDale Minerals' distributions received by Cavalier Minerals (1)		—		21		—		38
Ending cumulative commitment fulfilled		5,963		3,983		5,963		3,983
Remaining commitment		37		2,017		37		2,017
Total committed	$	6,000	$	6,000	$	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				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
	(in thousands)
Alliance Minerals	$	3,521	$	—	$	8,084	$	—
Bluegrass Minerals		147		—		337		—