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CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Tables)
 6 Months Ended
Jun. 30, 2015
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):
 
June 30,
2015
 
December 31,
2014
Receivables from managed entities and related parties, net:
 
 
 
Real estate investment entities (1)
$
20,191

 
$
23,733

Commercial finance investment entities (2)
2,453

 
2,883

Financial fund management investment entities
1,172

 
663

Other
326

 
488

Loan receivable from CVC Credit Partners
2,378

 
2,536

Receivables from managed entities and related parties
$
26,520

 
$
30,303

 
 
 
 
Payables due to managed entities and related parties, net:
 

 
 

Real estate investment entities (3) 
$
4,665

 
$
2,942

Other
83

 
73

Payables to managed entities and related parties
$
4,748

 
$
3,015

 
(1)
Includes a $307,000 reserve for credit losses for management fees due from one of the Company's real estate investment entities: there was no reserve at December 31, 2014.
(2)
Amounts shown are net of reserves for credit losses of $17.4 million and $17.0 million as of June 30, 2015 and December 31, 2014, respectively, related to management fees due from one of the Company's commercial finance investment entities that, based on estimated cash distributions, are not expected to be collectible.
(3)
Reflects $4.3 million and $2.6 million in self-insurance funds provided by the Company's real estate investment entities as of June 30, 2015 and December 31, 2014, respectively, which are held in escrow by the Company
Schedule of Fees, Dividends and Reimbursed Expenses from Several Related/Managed Entities
The following table details those activities (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Fees from unconsolidated investment entities:
 
 
 
 
 
 
 
Real estate (1) 
$
12,173

 
$
8,519

 
$
21,607

 
$
17,444

Financial fund management
785

 
1,265

 
1,567

 
2,067

Commercial finance (2)
—

 
—

 
—

 
—

CVC Credit Partners – reimbursement of net costs and expenses
246

 
444

 
475

 
625

RRE Opportunity REIT I:
 
 
 
 
 
 
 
Reimbursement of costs and expenses
934

 
564

 
1,822

 
915

Dividends paid
29

 
29

 
44

 
58

RRE Opportunity REIT II:
 
 
 
 
 
 
 
Reimbursement of costs and expenses
762

 
446

 
1,499

 
948

Dividends paid
13

 
—

 
20

 
—

LEAF:
 
 
 
 
 
 
 
Payment for sub-servicing the commercial finance
   investment partnerships
(18
)
 
(74
)
 
(41
)
 
(201
)
Reimbursement of net costs and expenses
41

 
28

 
77

 
64

1845 Walnut Associates Ltd:
 
 
 
 
 
 
 
Payment for rent and related expenses
(209
)
 
(203
)
 
(416
)
 
(407
)
Property management fees
38

 
77

 
76

 
93

Brandywine Construction & Management, Inc. –
  payment for property management of hotel property
(81
)
 
(72
)
 
(133
)
 
(112
)
Atlas Energy, L.P. – reimbursement of net costs and expenses
11

 
42

 
24

 
72

Ledgewood P.C. – payment for legal services 
(55
)
 
(43
)
 
(89
)
 
(67
)
Graphic Images, LLC – payment for printing services
(36
)
 
(29
)
 
(84
)
 
(89
)
The Bancorp, Inc. – reimbursement of net costs and expenses
—

 
28

 
—

 
55

9 Henmar LLC – payment of broker/consulting fees 
(14
)
 
(15
)
 
(17
)
 
(18
)
 
(1)
Reflects the reversal of discounts of $3,000 and $210,000 for the three and six months ended June 30, 2015, respectively, and $41,000 and $74,000 for the three and six months ended June 30, 2014, respectively, in connection with management fees from the Company's real estate investment entities that it expects to receive in future periods.
(2)
The Company waived management fees from its commercial finance investment entities of $31,000 and $80,000 during the three and six months ended June 30, 2015, respectively, and $276,000 and $500,000 during the three and six months ended June 30, 2014, respectively .