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CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Details of Receivable and Payables and Fees, Dividends and Reimbursed Expenses
The following table details these receivables and payables (in thousands):
 
December 31,
 
2014
 
2013
Receivables from managed entities and related parties, net:
 
 
 
Real estate investment entities
$
23,733

 
$
21,487

Commercial finance investment entities (1) 
2,883

 
8,174

Financial fund management investment entities
663

 
1,138

Other
488

 
124

Loan to CVC Credit Partners
2,536

 
—

Receivables from managed entities and related parties
$
30,303

 
$
30,923

 
 
 
 
Payables due to managed entities and related parties, net:
 

 
 

Real estate investment entities (2) 
$
2,942

 
$
2,940

Other
73

 
170

Payables to managed entities and related parties
$
3,015

 
$
3,110

 
(1)
Net of reserves for credit losses of $17.0 million and $36.2 million, respectively, related to management fees owed from one of the commercial finance investment partnerships, respectively which, based on estimated cash distributions, are not expected to be collectible.
(2)
Reflects $2.6 million and $2.9 million, respectively, in funds provided by the real estate investment entities, which are held by the Company to self-insure the properties held by those entities.
Schedule of Fees, Dividends and Reimbursed Expenses from Several Related/Managed Entities
The following table details those activities (in thousands):
 
Years Ended December 31,
 
2014
 
2013
 
2012
Fees from unconsolidated investment entities:
 
 
 
 
 
Real estate (1) 
$
34,395

 
$
23,356

 
$
17,550

Financial fund management
3,633

 
3,115

 
3,093

Commercial finance (2) 
—

 
—

 
—

CVC Credit Partners – reimbursement of net costs and expenses
1,037

 
1,195

 
2,082

Opportunity REIT I:
 
 
 
 
 
Reimbursement of costs and expenses
2,227

 
1,633

 
844

Dividends paid
117

 
114

 
14

Opportunity REIT II:
 
 
 
 
 
Reimbursement of costs and expenses
2,342

 
—

 
—

LEAF:
 
 
 
 
 
Payment for sub-servicing the commercial finance investment
    partnerships
(293
)
 
(898
)
 
(2,149
)
Payment for rent and related expenses
—

 
(543
)
 
(763
)
Reimbursement of net costs and expenses
129

 
213

 
287

1845 Walnut Associates Ltd:
 
 
 
 
 
Payment for rent and related expenses
(767
)
 
(702
)
 
(685
)
Property management fees
205

 
122

 
—

Brandywine Construction & Management, Inc. – payment for
    property management of hotel property
(232
)
 
(226
)
 
(211
)
Atlas Energy, L.P. – reimbursement of net costs and expenses
163

 
240

 
609

Ledgewood P.C. – payment for legal services 
(180
)
 
(240
)
 
(462
)
Graphic Images, LLC – payment for printing services
(156
)
 
(179
)
 
(235
)
The Bancorp, Inc. – reimbursement of net costs and expenses
111

 
114

 
118

9 Henmar LLC – payment of broker/consulting fees 
(38
)
 
(41
)
 
(47
)
 
(1)
Reflects discounts recorded by the Company of $82,000, $179,000 and $678,000 recorded in 2014, 2013 and 2012 in connection with management fees from its real estate investment entities that it expects to receive in future periods.
(2)
During 2014, 2013 and 2012, the Company waived $683,000, $1.8 million and $3.9 million, respectively, of its fund management fees from its commercial finance investment entities.