MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2022

The following table summarizes the management fees and incentive allocations included in these consolidated financial statements:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Management fees	$	539		2,116	$	4,692		7,027
Income incentive allocation		—		—		—		—
Capital gains incentive allocation		—		—		—		—
Total	$	539	$	2,116	$	4,692	$	7,027

A portion of these reimbursable expenses that the Parent paid to the Manager and are attributable to FTAI Aviation Ltd. are included in the consolidated financial statements as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Classification in the Consolidated Statements of Operations:
General and administrative expenses	$	1,466	$	1,195	$	4,160	$	3,584
Acquisition and transaction expenses		1,025		273		1,677		820
Total	$	2,491	$	1,468	$	5,837	$	4,404

In addition to the above, the following corporate expenses, which were allocated from the Parent, are also included in the consolidated financial statements:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Classification in the Consolidated Statements of Operations:
General and administrative expenses	$	1,888	$	1,667	$	4,965	$	3,582

The following table summarizes amounts due to the Parent, which are included within Management fees payable to affiliate in the Consolidated Balance Sheets:

		September 30, 2022				December 31, 2021
Management fees payable to affiliate		$	46,095			$	43,477