RELATED-PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2015

RELATED-PARTY TRANSACTIONS

Schedule of calculation of asset management fees payable to related party as a percentage of the daily average gross fair value of investments

Daily Average Adjusted Fair Value of
CIM Urban's Investments				Quarterly Fee
From Greater of		To and Including		Percentage
(in thousands)
$	—	$	500,000	0.2500	%
	500,000		1,000,000	0.2375	%
	1,000,000		1,500,000	0.2250	%
	1,500,000		4,000,000	0.2125	%
	4,000,000		20,000,000	0.1000	%