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Agreements and Transactions with Related Parties (Tables)
 9 Months Ended
Sep. 30, 2017
Agreements and Transactions with Related Parties  
Schedule of base management fees and incentive fees incurred prior to the full internalization of management team and termination of the existing management agreement

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

Management Fees:

 

2017

 

2016

 

2017

 

2016

 

Base

 

$

—

 

$
3,325,000

 

$
6,673,260

 

$
8,875,000

 

Incentive

 

—

 

—

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 

Total management fee

 

$

—

 

$
3,325,000

 

$
6,673,260

 

$
8,875,000