Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2019

Related Party Transactions [Abstract]

Fees Earned/Expenses Incurred and Amounts Payable to Related Parties

The fees earned/expenses incurred and the amounts payable to such related parties are summarized in the following tables (in thousands):

	December 31, 2019		December 31, 2018
Due from related parties:
RAI - self-insurance funds held		33		57
Operating expense reimbursements		264		-
	$	297	$	57
Due to related parties:
Advisor
Operating expense reimbursements		6		133
Manager
Property management fees		328		329
Operating expense reimbursements		96		97
RAI
Internal audit fees		-		25
Properties
Meridian		2		-
	$	432	$	584

	Years Ended
	December 31,
	2019		2018
Fees earned / expenses incurred:
Advisor
Asset management fees (1)	$	9,374	$	9,840
Debt financing fees (2)	$	39	$	78
Operating expense reimbursements (3)	$	3,462	$	3,708
Manager
Property management fees (1)	$	3,834	$	3,888
Construction management fees (4)	$	255	$	859
Construction payroll reimbursements (4)	$	63	$	121
Operating expense reimbursements (3)	$	70	$	201

(1) Included in Management fees on the consolidated statements of operations and comprehensive loss.

(2) Included in Mortgage notes payable, net on the consolidated balance sheets.

(3) Included in General and administrative on the consolidated statements of operations and comprehensive loss.

(4) Capitalized and included in Rental properties, net on the consolidated balance sheets.