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CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2013
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,
 
2013
 
2012
Receivables from managed entities and related parties, net:
 
 
 
Real estate investment entities
$
21,487

 
$
18,060

Commercial finance investment entities (1) 
8,174

 
10,644

Financial fund management investment entities
1,138

 
1,736

Other
124

 
178

Receivables from managed entities and related parties
$
30,923

 
$
30,618

 
 
 
 
Payables due to managed entities and related parties, net:
 

 
 

Real estate investment entities (2) 
$
2,940

 
$
3,300

Other
170

 
236

Payables to managed entities and related parties
$
3,110

 
$
3,536

 
(1)
Net of reserves for credit losses of $36.2 million and $29.6 million, respectively, related to management fees owed from three commercial finance investment entities that, based on estimated cash distributions, are not expected to be collectible.
(2)
Reflects $2.9 million and $3.2 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,
 
2013
 
2012
 
2011
Fees from unconsolidated investment entities:
 
 
 
 
 
Real estate (1) 
$
23,356

 
$
17,550

 
$
13,555

Financial fund management
3,115

 
3,093

 
3,647

Commercial finance (2) 
—

 
—

 
—

CVC Credit Partners – reimbursement of net costs and expenses
1,195

 
2,082

 
—

RRE Opportunity REIT I:
 
 
 
 
 
Reimbursement of costs and expenses
1,633

 
844

 
1,515

Dividends paid
114

 
14

 
—

LEAF:
 
 
 
 
 
Payment for sub-servicing the commercial finance investment
    partnerships
(898
)
 
(2,149
)
 
(405
)
Payment for rent and related expenses
(543
)
 
(763
)
 
(120
)
Reimbursement of net costs and expenses
213

 
287

 
60

1845 Walnut Associates Ltd:
 
 
 
 
 
Payment for rent and related expenses
(702
)
 
(685
)
 
(651
)
Property management fees
122

 
—

 
—

Brandywine Construction & Management, Inc. – payment for
    property management of hotel property
(226
)
 
(211
)
 
(215
)
Atlas Energy, L.P. – reimbursement of net costs and expenses
240

 
609

 
1,049

Ledgewood P.C. – payment for legal services 
(240
)
 
(462
)
 
(669
)
Graphic Images, LLC – payment for printing services
(179
)
 
(235
)
 
(119
)
The Bancorp, Inc. – reimbursement of net costs and expenses
114

 
118

 
79

9 Henmar LLC – payment of broker/consulting fees 
(41
)
 
(47
)
 
(47
)
 
(1)
Reflects discounts recorded by the Company of $179,000, $678,000 and $475,000 recorded in 2013, 2012 and 2011 in connection with management fees from its real estate investment entities that it expects to receive in future periods.
(2)
During 2013, 2012 and 2011, the Company waived $1.8 million, $3.9 million and $7.2 million, respectively, of its fund management fees from its commercial finance investment entities.