RECEIVABLE FROM AND PAYABLE TO RELATED PARTIES (Tables)

6 Months Ended

Jun. 30, 2016

Receivable From And Payable To Related Parties Tables

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, 2015	$	34,313	$	—		$	34,313
Cash transfers		—		2,704			2,704
Advisory fees		—		(313	)		(313	)
Net income fee		—		(127	)		(127	)
Cost reimbursements		—		(90	)		(90	)
Expenses paid by advisor		—		(3	)		(3	)
Financing (mortgage payments)		—		—			—
Significant transaction		—		—			—
Interest income		735		—			735
Tax Sharing Expense		—		—			—
Purchase of obligation		2,171		(2,171	)		—
Related party receivable, June 30, 2016	$	37,219	$	—		$	37,219