General Partners and Other Related Parties (Tables)

3 Months Ended

Mar. 31, 2022

The formation loan transactions for the three months ended March 31, 2022 and 2021 are presented in the following table ($ in thousands).


	2022			2021
Balance, January 1	$	3,361		$	3,983
Payments received from RMC		(125	)		(113	)
Early withdrawal penalties applied(1)		—			(38	)
Balance, March 31	$	3,236		$	3,832

(1)

Beginning in 2022, RMC discontinued the specific allocation of early withdrawal penalties it received to the formation loan. The change in 2022 has no net effect on the amounts paid by RMC to RMI VIII. RMC is making quarterly payments of $162,500 ($650,000 annually), including a catch-up payment of $37,500 made in April 2022 for the first quarter of 2022, such that the formation loan is paid in full by December 31, 2026.

Schedule of Withdrawals of Limited Partner Capital

Withdrawals of limited partners’ capital for the three months ended March 31, 2022 and 2021 are presented in the following table ($ in thousands).


Withdrawals	2022		2021
Without penalty	$	2,890	$	3,428
With penalty		355		378
Total	$	3,245	$	3,806

Scheduled, at March 31,	$	20,487	$	31,362

Scheduled Withdrawals of Limited Partner Capital Account

Scheduled withdrawals of limited partners’ capital in periods as of and after March 31, 2022 are presented in the following table ($ in thousands).


2022	$	7,722
2023		6,711
2024		3,822
2025		1,626
2026		566
Thereafter		40
Total	$	20,487