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CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Tables)
 6 Months Ended
Jun. 30, 2016
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,
2016
 
December 31,
2015
Receivables from managed entities and related parties, net:
 
 
 
Real estate investment entities
$
17,222

 
$
21,146

Commercial finance investment entity (1)
—

 
1,289

Financial fund management investment entities
1,714

 
1,582

Other
178

 
319

RSO
2,126

 
2,331

Loan to CVC Credit Partners
2,730

 
—

Receivables from managed entities and related parties, net
$
23,970

 
$
26,667

 
 
 
 
Payables due to managed entities and related parties:
 

 
 

Real estate investment entities (2) 
$
4,330

 
$
3,110

Other
35

 
35

Payables to managed entities and related parties
$
4,365

 
$
3,145

 
(1)
Reflects the liquidation of the remaining LEAF Financial commercial lease investment partnership in May 2016 and the corresponding assumption of the fund's net assets, including the portfolio of leases and loans, in settlement of the receivable due from the fund.
(2)
Includes $4.2 million and $3.0 million in self-insurance funds provided by the Company's real estate investment entities as of June 30, 2016 and December 31, 2015, respectively, which are held in escrow by the Company to cover claims.
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,
 
2016
 
2015
 
2016
 
2015
Fees from unconsolidated investment entities:
 
 
 
 
 
 
 
Real estate (1) 
$
1,365

 
$
1,774

 
$
4,521

 
$
3,891

Financial fund management
654

 
785

 
1,428

 
1,567

RSO:
 
 
 
 
 
 
 
  Management, incentive and servicing fees
2,808

 
3,188

 
6,553

 
6,420

     Dividends paid
300

 
458

 
600

 
916

     Reimbursement of costs and expenses
1,599

 
1,642

 
2,636

 
2,713

CVC Credit Partners:
 
 
 
 
 
 
 
Reimbursement of net costs and expenses
127

 
246

 
346

 
475

Opportunity REIT I:
 
 
 
 
 
 
 
Fees
4,636

 
8,667

 
9,253

 
14,972

Reimbursement of costs and expenses
1,155

 
934

 
2,430

 
1,822

Dividends paid
44

 
29

 
88

 
44

Opportunity REIT II:
 
 
 
 
 
 
 
Fees
6,992

 
1,732

 
11,782

 
2,744

Reimbursement of costs and expenses
779

 
762

 
1,357

 
1,499

Dividends paid
21

 
13

 
41

 
20

Innovation Office REIT:
 
 
 
 
 
 
 
     Reimbursement of costs and expenses
431

 
—

 
1,052

 
—

LEAF:
 
 
 
 
 
 
 
Payment for sub-servicing the commercial finance investment partnerships (2)
—

 
(18
)
 
—

 
(41
)
Reimbursement of net costs and expenses
51

 
41

 
87

 
77

1845 Walnut Associates Ltd:
 
 
 
 
 
 
 
Payment for rent and related expenses
(214
)
 
(209
)
 
(428
)
 
(416
)
Property management fees
66

 
38

 
113

 
76

Brandywine Construction & Management, Inc.:
 
 
 
 
 
 
 
Payment for property management of hotel property
(89
)
 
(81
)
 
(141
)
 
(133
)
Atlas Energy, L.P.:
 
 
 
 
 
 
 
Reimbursement of net costs and expenses
24

 
11

 
53

 
24

Ledgewood P.C.:
 
 
 
 
 
 
 
Payment for legal services 
(33
)
 
(55
)
 
(68
)
 
(89
)
Graphic Images, LLC:
 
 
 
 
 
 
 
Payment for printing services
(88
)
 
(36
)
 
(114
)
 
(84
)
9 Henmar LLC:
 
 
 
 
 
 
 
Payment of broker/consulting fees 
(13
)
 
(14
)
 
(16
)
 
(17
)
 
(1)
Includes the reduction of discounts previously recorded of $136,000 and $130,000 for the three and six months ended June 30, 2016 and $3,000 and $210,000 and three and six June 30, 2015, respectively, in connection with management fees from the Company's real estate investment entities that have been received or are expected to be received sooner than originally projected.
(2)
The Company waived management fees from its commercial finance investment entities of $0 and $7,000 during the three and six months ended June 30, 2016 and $31,000 and $80,000 during the three and six months ended June 30, 2015.