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General Partners and Other Related Parties (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Schedule of Formation Loan Activity

Formation loan transactions are presented in the following table ($ in thousands).

 

 

 

2022

 

 

2021

 

Balance, January 1

 

$

3,361

 

 

$

3,983

 

Payments received from RMC

 

 

(659

)

 

 

(466

)

Early withdrawal penalties applied(1)

 

 

 

 

 

(156

)

Balance, December 31

 

$

2,702

 

 

$

3,361

 

 

(1)
Beginning in 2022, RMC discontinued the specific allocation of early withdrawal penalties it received to the formation loan. The change has no net effect on the amounts paid by RMC to RMI VIII. RMC's scheduled payments total $650 thousand annually so that the formation loan is paid in full by December 31, 2026.
Schedule of Withdrawals of Limited Partner Capital

The table below sets forth withdrawals of limited partners' capital ($ in thousands).

Withdrawals

 

2022

 

 

2021

 

Without penalty

 

$

11,192

 

 

$

13,221

 

With penalty

 

 

1,250

 

 

 

1,562

 

Total

 

$

12,442

 

 

$

14,783

 

 

 

 

 

 

 

 

Scheduled, at December 31,

 

$

13,870

 

 

$

22,472

 

Scheduled Withdrawals of Limited Partner Capital Account

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

 

2023

 

$

7,019

 

2024

 

 

3,973

 

2025

 

 

1,830

 

2026

 

 

836

 

2027

 

 

196

 

Thereafter

 

 

16

 

Total

 

$

13,870