The following table reflects related party fees incurred, forgiven and contractually due as of and for the periods presented:



	Three Months Ended June 30,									Six Months Ended June 30,
	2017					2016				2017					2016				(Receivable) Payable as of
(In thousands)	Incurred			Forgiven		Incurred		Forgiven		Incurred			Forgiven		Incurred		Forgiven		June 30, 2017				December 31, 2016
One-time fees and reimbursements:
Related party notes receivable acquired in Merger⁽¹⁾	$	—		$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	(1,285	)		$	(5,138	)
Fees on gain from sale of investments	—			—		—		—		—			—		—		—		323			⁽⁵⁾	923			⁽⁵⁾
Financing coordination fees ⁽²⁾	—			—		—		—		—			—		—		—		—			⁽⁵⁾	16			⁽⁵⁾
Ongoing fees:
Asset management fees ⁽³⁾	5,207			—		4,500		—		10,397			—		9,000		—		233			⁽⁵⁾	447			⁽⁵⁾
Property management fees ⁽⁴⁾	1,126			620		1,022		563		2,223			1,177		1,935		1,159		352			^{(5) (8)}	252			^{(5) (8)}
Total related party operational fees and reimbursements	$	6,333	⁽⁷⁾	$	620	$	5,522	$	563	$	12,620	⁽⁷⁾	$	1,177	$	10,935	$	1,159	$	(377	)	⁽⁶⁾	$	(3,500	)	⁽⁹⁾

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⁽¹⁾	Balance included within related party notes receivable acquired in the Merger on the consolidated balance sheets as of June 30, 2017 and December 31, 2016. In addition, the $16,000 due from related parties as of June 30, 2017 and December 31, 2016 relating to RCS Advisory (as defined below) is not included in the table above.


⁽²⁾	These related party fees are recorded as deferred financing costs and amortized over the term of the respective financing arrangement.

⁽³⁾

The Advisor, in accordance with the Advisory Agreement, received asset management fees in cash equal to one quarter of the annual Minimum Base Management Fee for the three and six months ended June 30, 2017, and, the Variable Base Management Fee of $0.7 million and $1.4 million for the three and six months ended June 30, 2017, respectively. There were no Variable Base Management Fee for the three and six months ended June 30, 2016. No Incentive Compensation was earned for the three and six months ended June 30, 2017 and 2016.


⁽⁴⁾	The Advisor waived 100% of fees from U.S. assets and its allocated portion of fees from European assets.


⁽⁵⁾	Balance included within due to related parties on the consolidated balance sheets as of June 30, 2017 and December 31, 2016.


⁽⁶⁾	In addition, as of June 30, 2017, due to related parties include $0.3 million of costs accrued for Global II Advisor and transfer agent fees which were assumed through the Merger, $36,000 of costs accrued for transfer agent fees and $0.2 million of costs relating to RCS Advisory (as defined below), all accrued in 2016 and are not reflected in the table above.


⁽⁷⁾	The Company incurred general and administrative costs and other expense reimbursements of $48,000 for the three and six months ended June 30, 2017 which are recorded within general and administrative expenses on the consolidated statements of operations and are not reflected in the table above.


⁽⁸⁾	Prepaid property management fees of $0.1 million as of June 30, 2017 and December 31, 2016 are not included in the table above and are included in the prepaid expenses and other assets on the consolidated balance sheets.


⁽⁹⁾	In addition, as of December 31, 2016 due to related parties includes $0.5 million of accruals, of which $0.2 million of costs accrued for transfer agent and personnel services received from the Company's related parties including ANST and $0.3 million to Advisor and RCS.