RELATED PARTY TRANSACTIONS AND FEES (Tables)

12 Months Ended

Dec. 31, 2016

Related Party Transactions [Abstract]

Schedule of fees and cost reimbursements

The fees and cost reimbursements paid to Pillar, TCI and related parties are detailed below (dollars in thousands):

Fees:	2016		2015		2014
Advisory	$	639	$	704	$	692
Net income		257		187		203
Tax sharing agreement		—		—		946
	$	896	$	891	$	1,841
Other Expense:
Cost reimbursements	$	213	$	240	$	237
Revenue:
Interest received	$	1,484	$	1,636	$	1,692

Schedule of transactions between IOT, Pillar, and TCI

The following table reconciles the beginning and ending balances of amounts receivable from related parties as of December 31, 2016 (dollars in thousands):

	TCI		Pillar			Total
Balance, December 31, 2015	$	34,313	$	—		$	34,313
Cash transfers		—		4,209			4,209
Advisory fees		—		(639	)		(639	)
Net income fee		—		(257	)		(257	)
Cost reimbursements		—		(213	)		(213	)
Expenses paid by advisor		—		(33	)		(33	)
Interest income		1,484		—			1,484
Income tax expense		—		(1,096	)		(1,096	)
Purchase of obligation		1,971		(1,971	)		—
Balance, December 31, 2016	$	37,768	$	—		$	37,768