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Related Party Transactions and Arrangements (Tables)
12 Months Ended
Dec. 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 unconsolidated joint ventures for the years ended December 31, 2018, 2017 and 2016 (in thousands).
 
 
Year Ended December 31,
 
 
2018 (1)
 
2017
 
2016
Offering-related fees and reimbursements
 
 
 
 
 
 
Selling commissions (2)
 
$
407

 
$
7,746

 
$
19,943

Dealer manager and distribution fees (3)
 
431

 
5,021

 
8,300

Reimbursement revenue
 
189

 
3,329

 
8,283

Offering-related fees and reimbursements
 
1,027

 
16,096

 
36,526

 
 
 
 
 
 
 
Transaction service fees and reimbursements
 
 
 
 
 
 
Acquisition fees
 
119

 
11,049

 
9,513

Financing coordination fee
 

 
100

 
220

Reimbursement revenues
 
215

 
2,780

 
2,800

Transaction service fees and reimbursements
 
334

 
13,929

 
12,533

 
 
 
 
 
 
 
Management fees and reimbursements
 
 
 
 
 
 
Asset and property management fees and leasing fees (4)
 
161

 
220

 
220

Advisory and performance fee revenue
 
5,023

 
57,765

 
51,099

Reimbursement revenues
 
1,429

 
18,449

 
17,587

Management fees and reimbursements
 
6,613

 
76,434

 
68,906

 
 
 
 
 
 
 
Interest income on Affiliate Lines of Credit
 
28

 
262

 
453

 
 
 
 
 
 
 
Total related party revenues
 
$
8,002

 
$
106,721

 
$
118,418

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(1)
Represents the revenue earned during the period from January 1, 2018 through January 31, 2018, unless otherwise noted.
(2)
The Company reallowed 100% of selling commissions to participating broker-dealers from January 1, 2018 through January 31, 2018 and during the years ended December 31, 2017 and 2016.
(3)
During the years ended December 31, 2018, 2017 and 2016, the Company reallowed $0.2 million, $2.1 million and $3.2 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.
(4)
Represents asset and property management fees and leasing fees related to properties owned through the Company’s unconsolidated joint ventures for the years ended December 31, 2018, 2017 and 2016.