Other Real Estate Owned

6 Months Ended

Jun. 30, 2017

FDIC Loss-Sharing Related

Other Real Estate Owned

Note 6 Other Real Estate Owned

The table below details the OREO activity during the six months ended June 30, 2017 and 2016:

	For the six months ended June 30,
	2017		2016
Beginning balance	$	15,662	$	20,814
Transfers from loan portfolio, at fair value		639		3,654
Impairments		(46)		(104)
Sales, net		(1,958)		(1,122)
Ending balance	$	14,297	$	23,242

The Company did not have any minority interest in participated other real estate owned at June 30, 2017. At December 31, 2016, OREO balances excluded $1.6 million of the Company’s minority interests in OREO, which are held by outside banks where the Company was not the lead bank and does not have a controlling interest. The Company maintains a receivable in other assets for these minority interests. Included in Sales, net are net gains of $1.8 million and $2.0 million for the six months ended June 30, 2017 and 2016, respectively.