Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2020

Related Party Transactions [Abstract]

Summary of Components of Due to Affiliates

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

	June 30, 2020		December 31, 2019
Accrued stockholder servicing fee(1)	$	558,132	$	478,539
Accrued management fee		18,207		13,873
Accrued affiliate service provider expenses		11,629		6,037
Advanced organization and offering costs		5,113		6,136
Performance participation allocation		—		141,396
Other		19,974		44,162
Total	$	613,055	$	690,143

⁽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.

Schedule of Related Party Expenses Incurred and Portfolio Company Incentive Compensation Awards and Capitalized Transaction Costs

The following tables detail the amounts incurred for affiliate service providers during the three and six months ended June 30, 2020 and 2019 ($ in thousands):

	Affiliate Service				Affiliate Service Provider				Capitalized Transaction
	Provider Expenses				Incentive Compensation Awards				Support Services
	Three Months Ended June 30,				Three Months Ended June 30,				Three Months Ended June 30,
	2020		2019		2020		2019		2020		2019
Link Industrial Properties L.L.C.	$	13,691	$	3,112	$	260	$	285	$	39	$	1,000
LivCor, L.L.C.		6,689		4,398		77		13		701		563
BRE Hotels and Resorts LLC		4,326		1,087		156		194		—		—
ShopCore Properties TRS Management LLC		1,356		299		7		8		—		—
Revantage Corporate Services, L.L.C.		469		274		—		—		—		—
Equity Office Management, L.L.C.		150		—		—		—		—		—
Gateway Industrial Properties L.L.C.		—		429		—		—		—		—
Total	$	26,681	$	9,599	$	500	$	500	$	740	$	1,563
	Affiliate Service				Affiliate Service Provider				Capitalized Transaction
	Provider Expenses				Incentive Compensation Awards				Support Services
	Six Months Ended June 30,				Six Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019		2020		2019
Link Industrial Properties L.L.C.	$	26,022	$	3,112	$	521	$	285	$	553	$	1,000
LivCor, L.L.C.		12,324		8,426		154		154		1,761		921
BRE Hotels and Resorts LLC		7,649		1,741		312		312		—		—
ShopCore Properties TRS Management LLC		2,121		701		13		13		315		15
Revantage Corporate Services, L.L.C.		957		533		—		—		—		—
Equity Office Management, L.L.C.		295		—		—		—		—		—
Gateway Industrial Properties L.L.C.		—		2,524		—		236		—		27
Total	$	49,368	$	17,037	$	1,000	$	1,000	$	2,629	$	1,963