XML 41 R30.htm IDEA: XBRL DOCUMENT v3.4.0.3
Related Party Transactions and Arrangements (Tables)
3 Months Ended
Mar. 31, 2016
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table details revenues from related parties at the Viceroy Hotel. The Company did not have any receivables from related parties as of March 31, 2016 or December 31, 2015.
 
 
Three Months Ended March 31,
(In thousands)
 
2016
 
2015
Hotel revenues
 
$
13

 
$
22

Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services
The following table details amounts incurred, waived and contractually due in connection with the operations related services described above as of and for the periods presented:
 
 
Three Months Ended March 31,
 
Payable (Receivable) as of
 
 
2016
 
2015
 
March 31,
 
December 31,
(In thousands)
 
Incurred
 
Waived
 
Incurred
 
Waived
 
2016
 
2015
Asset management fees
 
$
3,074

 
$
—

 
$
3,144

 
$
—

 
$
(1
)
 
$
(7
)
Transfer agent and other professional fees
 
693

 
—

 
184

 
—

 
201

 
99

Property management fees
 
—

 
485

 
—

 
536

 
—

 
—

Total related party operational fees and reimbursements
 
$
3,767

 
$
485

 
$
3,328

 
$
536

 
$
200

 
$
92