The following tables present a summary of fees we paid, expenses we reimbursed and distributions we made to our Advisor, the Subadvisor and other affiliates, as described below, in accordance with the terms of those agreements (in thousands):



	Years Ended December 31,
	2019		2018		2017
Amounts Included in the Consolidated Statements of Operations
Asset management fees	$	10,734	$	10,400	$	8,670
Available Cash Distributions	6,262		5,467		5,078
Personnel and overhead reimbursements	4,170		4,069		3,514
Acquisition fees	—		—		4,415
Interest expense	—		—		332
Accretion of interest on annual distribution and shareholder servicing fee ^(a)	—		—		198
	$	21,166	$	19,936	$	22,207

Other Transaction Fees Incurred
Watermark commitment agreement	$	2,850	$	—	$	—
Capitalized loan refinancing fees	225		245		280
Selling commissions and dealer manager fees	—		—		13,199
Annual distribution and shareholder servicing fee ^(a)	—		—		8,439
Capitalized acquisition fees for equity method investment ^(b)	—		—		6,195
Organization and offering costs	—		—		1,453
	$	3,075	$	245	$	29,566

___________


(a)	Starting with the payment of the third quarter 2017 distribution and shareholder servicing fee (which was paid in October 2017), we began making payments directly to selected dealers rather than through Carey Financial, LLC (“Carey Financial”), a subsidiary of WPC and the former dealer manager of our offering; therefore, this activity is no longer considered a related party transaction.


(b)	Our Advisor elected to receive 50% of the acquisition fee related to our investment in the Ritz-Carlton Bacara, Santa Barbara Venture in shares of our Class A common stock and 50% in cash.

The following table presents a summary of amounts included in Due to related parties and affiliates in the consolidated financial statements (in thousands):



	December 31,
	2019		2018
Amounts Due to Related Parties and Affiliates
Reimbursable costs due to our Advisor	$	956	$	1,100
Asset management fees and other due to our Advisor	894		884
Watermark commitment agreement	800		—
Due to other related parties and affiliates	136		—
	$	2,786	$	1,984