Related-Party Transactions (Tables)

6 Months Ended

Jun. 30, 2014

The Company also provides services to certain affiliated entities such as accounting, legal, marketing, technology, human resources and public relations services as it allows these companies to share its leased office space. During the three months ended June 30, 2014 and 2013, the total amounts allocated for services rendered and rent for office space provided on behalf of affiliated entities were $550,000 and $827,000, respectively. During the six months ended June 30, 2014 and 2013, the total amounts allocated for services rendered and rent for office space provided on behalf of affiliated entities were $1,112,000 and $1,596,000, respectively. In these cases, the Company bills affiliated companies for their actual or pro rata share of such expenses. Such amounts are generally paid within 30 days and no such amounts were outstanding at June 30, 2014 or December 31, 2013.

The activity in the Company’s “Accounts receivable from affiliates” and “Accounts payable to affiliates” in the accompanying Condensed Consolidated Balance Sheets consist of the following (in thousands):

	June 30, 2014			December 31, 2013
Accounts receivable from affiliates:
RE/MAX of Texas Advertising Fund	$	-		$	(6	)
International Advertising Fund		-			(10	)
Other		-			21
Total accounts receivable from affiliates		-			5
Accounts payable to affiliates:
RE/MAX Central Atlantic Region Advertising Fund	$	(958	)	$	(945	)
Other		(101	)		(72	)
Total accounts payable to affiliates		(1,059	)		(1,017	)
Net accounts payable to affiliates	$	(1,059	)	$	(1,012	)