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Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2021
Related Party Transactions [Abstract]  
Summary of Management Fees and Incentive Management Fees Incurred and Paid Pursuant to Management Agreement

For the three and nine months ended September 30, 2021 and 2020, the Company incurred and paid the following management fees and incentive management fees pursuant to the Management Agreement (dollars in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Incurred

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Management fees

 

$

5,473

 

 

$

5,293

 

 

$

15,910

 

 

$

15,408

 

Incentive management fee

 

 

 

 

 

 

 

 

 

 

 

 

Total management and incentive fees incurred

 

$

5,473

 

 

$

5,293

 

 

$

15,910

 

 

$

15,408

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Paid

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Management fees

 

 

5,344

 

 

 

5,115

 

 

 

15,796

 

 

 

12,367

 

Incentive management fee

 

 

 

 

 

 

 

 

 

 

 

 

Total management and incentive fees paid

 

$

5,344

 

 

$

5,115

 

 

$

15,796

 

 

$

12,367