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Related Party Transactions and Arrangements (Tables)
3 Months Ended
Mar. 31, 2018
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The table below reflects the revenue earned from the Cole REITs (including closed programs, as applicable) and joint ventures for the three months ended March 31, 2018 and 2017 (in thousands).
 
 
Three Months Ended March 31,
 
 
2018 (1)
 
2017
Offering-related fees and reimbursements
 
 
 
 
Selling commissions (2)
 
$
407

 
$
2,177

Dealer manager and distribution fees (3)
 
431

 
1,253

Reimbursement revenue
 
189

 
886

Offering-related fees and reimbursements
 
1,027

 
4,316

 
 
 
 
 
Transaction service fees and reimbursements
 
 
 
 
Acquisition fees
 
119

 
3,272

Reimbursement revenues
 
215

 
734

Transaction service fees and reimbursements
 
334

 
4,006

 
 
 
 
 
Management fees and reimbursements
 
 
 
 
Asset and property management fees and leasing fees
 
52

 
53

Advisory and performance fee revenue
 
5,023

 
13,624

Reimbursement revenues
 
1,429

 
4,767

Management fees and reimbursements
 
6,504

 
18,444

 
 
 
 
 
Interest income on Affiliate Lines of Credit
 
28

 
124

 
 
 
 
 
Total related party revenues
 
$
7,893

 
$
26,890

___________________________________
(1)
Represents the revenue earned during the period from January 1, 2018 through January 31, 2018.
(2)
The Company reallowed 100% of selling commissions to participating broker-dealers from January 1, 2018 through January 31, 2018 and during the three months ended March 31, 2017.
(3)
During the three months ended March 31, 2018 and 2017, the Company reallowed $0.2 million and $0.5 million, respectively, of dealer manager fees and/or distribution and stockholder servicing fees to participating broker-dealers as a marketing and due diligence expense reimbursement.