RECEIVABLE FROM AND PAYABLE TO RELATED PARTIES (Table)

9 Months Ended

Sep. 30, 2015

Receivable From And Payable To Related Parties Table

Schedule of transactions between IOT, Pillar, and TCI

The table below reflects the various transactions between IOT, Pillar, and TCI (dollars in thousands):

	TCI		Pillar			Total
Related party receivable, December 31, 2014	$	40,460	$	—		$	40,460
Cash transfers		—		7,649			7,649
Advisory fees		—		(526	)		(526)
Net income fee		—		(142	)		(142)
Cost reimbursements		—		(171	)		(171)
Expenses paid by advisor		—		(1,359	)		(1,359)
Financing (mortgage payments)		—		(979	)		(979)
Interest income		1,203		—			1,203
Purchase of obligation		4,472		(4,472	)		—
Related party receivable, September 30, 2015	$	46,135	$	—		$	46,135