RELATED PARTY TRANSACTIONS AND FEES (Tables)

6 Months Ended

Jun. 30, 2017

Related Party Transactions [Abstract]

Schedule of accounts receivable from and (accounts payable) to related parties

The following table reflects the reconciliation of the beginning and ending balances of accounts receivable from and (accounts payable) to related parties as of June 30, 2017 (dollars in thousands):

	Pillar			ARL			Total
Related party receivable, December 31, 2016	$	(7,103	)	$	108,752		$	101,649
Cash transfers		18,544			—			18,544
Advisory fees		(4,806	)		—			(4,806	)
Net income fee		(137	)		—			(137	)
Fees and commissions		(1,147	)		—			(1,147	)
Cost reimbursements		(981	)		—			(981	)
Interest income		—			2,292			2,292
Notes receivable purchased		(447	)					(447	)
Expenses paid by advisor		(2,256	)		—			(2,256	)
Financing (mortgage payments)		(16,043	)		—			(16,043	)
Sales/Purchases transactions		(9,819	)		—			(9,819	)
Series K preferred stock acquisition		—			—			—
Income tax expense		—			—			—
Purchase of obligations		17,092			(17,092	)		—
Related party receivable, June 30, 2017	$	(7,103	)	$	93,952		$	86,849