MANAGEMENT FEES AND RELATED PARTY ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2013

As no fees were paid to us during the year ended December 31, 2013, a summary of the various fees earned by us during the years ended December 31, 2012 and 2011 follows (in thousands):



Description of Fee	2012		2011
1.75% of cost basis of SWI Fund assets divided by 12 months, payable monthly, reduced by 50% of origination fees earned	$	88	$	208
2% of acquisition price of each investment, reduced by origination fees earned	53		215
Origination fees are negotiated with the borrower and vary by loan	42		55