Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Components of Due to Affiliates

The following table details the components of due to affiliates ($ in thousands):

	March 31, 2019		December 31, 2018
Accrued stockholder servicing fee⁽¹⁾	$	275,432	$	238,496
Performance participation allocation		20,163		37,484
Advanced organization and offering costs		7,670		8,181
Accrued management fee		6,069		5,124
Accrued affiliate service provider expenses		2,187		3,115
Accrued affiliate incentive compensation awards		—		4,714
Other		6,449		4,467
Total	$	317,970	$	301,581

⁽¹⁾

The Company accrues the full amount of the future stockholder servicing fees payable to the Dealer Manager for Class S, Class T, and Class D shares up to the 8.75% of gross proceeds limit at the time such shares are sold. The Dealer Manager has entered into agreements with the selected dealers distributing the Company’s shares in the Offering, which provide, among other things, for the re-allowance of the full amount of the selling commissions and dealer manager fee and all or a portion of the stockholder servicing fees received by the Dealer Manager to such selected dealers.

The following table details the amounts incurred for such providers during the three months ended March 31, 2019 and 2018 ($ in thousands). Affiliate service provider expenses and portfolio company incentive compensation awards are included as a component of Rental Property Operating and Hotel Operating expense, as applicable, in the Company’s Condensed Consolidated Statements of Operations. Transaction support fees were capitalized to Investments in Real Estate on the Company’s Condensed Consolidated Balance Sheets.


	Affiliate Service Provider Expenses				Affiliate Service Provider Incentive Compensation Awards				Capitalized Transaction Support Services
	For the Three Months Ended March 31,				For the Three Months Ended March 31,				For the Three Months Ended March 31,
	2019		2018		2019		2018		2019		2018
LivCor, L.L.C.	$	4,028	$	1,143	$	141	$	—	$	358	$	—
Gateway Industrial Properties L.L.C.⁽¹⁾		2,095		405		236		—		27		179
ShopCore Properties TRS Management LLC		402		240		5		—		15		—
BRE Hotels and Resorts LLC		654		147		118		—		—		—
Revantage Corporate Services, L.L.C.		259		—		—		—		—		—
Total	$	7,438	$	1,935	$	500	$	—	$	400	$	179