RELATED PARTY TRANSACTIONS (Tables)

3 Months Ended

Mar. 31, 2022

Related Party Transactions [Abstract]

Summary of related-party costs incurred by the Company and amounts payable to the Manager

The following table summarizes the related party costs incurred by the Company for the three months ended March 31, 2022 and 2021 and amounts payable to the Company’s Manager as of March 31, 2022 and December 31, 2021 ($ in thousands):

	Incurred				Payable
	For the three months ended March 31,				As of
	2022		2021		March 31, 2022		December 31, 2021
Affiliate Payments
Management fees	$	2,616	$	1,909	$	2,616	$	2,613
Incentive fees	358		658		358		830
General and administrative expenses	834		752		834		703
Direct costs (1)	29		—		15		10
Total	$	3,837	$	3,319	$	3,823	$	4,156

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(1)    For the three months ended March 31, 2022 and 2021, direct costs incurred are included within general and administrative expenses in the Company’s consolidated statements of operations.