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Related-Party Transactions (Tables) | 6 Months Ended
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Jun. 30, 2020
Related Party Transactions [Abstract] |
Summary of Management Fees, Incentive Fees and Associated Credits and Administration Fees | The following table summarizes related-party fees paid or accrued for and reflected in our accompanying condensed consolidated financial statements (dollars in thousands):
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Base management fee(1)(2) | $ | 1,047 |  |  | $ | 974 |  |  | $ | 2,081 |  |  | $ | 1,879 |
Incentive fee(1)(2) | — |  |  | — |  |  | 1,334 |  |  | — |
Credits from non-contractual, unconditional, and irrevocable waiver granted by Adviser’s board of directors(2) | — |  |  | (974 | ) |  | — |  |  | (1,543 | )
Total fees to our Adviser, net | $ | 1,047 |  |  | $ | — |  |  | $ | 3,415 |  |  | $ | 336 |
Administration fee(1)(2) | $ | 357 |  |  | $ | 250 |  |  | $ | 740 |  |  | $ | 556 |
Selling Commissions and Dealer-Manager Fees(1)(3) | $ | 286 |  |  | $ | 1,659 |  |  | $ | 2,770 |  |  | $ | 3,313 |
Financing fees(1)(4) | 28 |  |  | 26 |  |  | 28 |  |  | 28 |
Total fees to Gladstone Securities | $ | 314 |  |  | $ | 1,685 |  |  | $ | 2,798 |  |  | $ | 3,341 |
(1) | Pursuant to the agreements with the respective related-party entities, as discussed above.
(2) | Reflected as a line item on our accompanying Condensed Consolidated Statements of Operations and Comprehensive Income.
(3) | Included within Additional paid-in capital on the accompanying Condensed Consolidated Balance Sheets. Includes selling commissions and dealer-manager fees related to both the Series B Preferred Stock and the Series C Preferred Stock.
(4) | Included within Notes and bonds payable, net on the Condensed Consolidated Balance Sheets and amortized into Interest expense on the Condensed Consolidated Statements of Operations and Comprehensive Income.
Details of Amounts Due to Related Parties on Our Accompanying Condensed Consolidated Balance Sheets | Amounts due to related parties on our accompanying Condensed Consolidated Balance Sheets as of June 30, 2020, and December 31, 2019, were as follows (dollars in thousands):
| June 30, 2020 |  | December 31, 2019
Base management fee | $ | 1,047 |  |  | $ | 881 |
Incentive fee | — |  |  | 847 |
Other(1) | 3 |  |  | 25 |
Total due to Adviser | 1,050 |  |  | 1,753 |
Administration fee | 357 |  |  | 341 |
Cumulative accrued but unpaid portion of prior Administration Fees(2) | 246 |  |  | 75 |
Total due to Administrator | 603 |  |  | 416 |
Total due to related parties(3) | $ | 1,653 |  |  | $ | 2,169 |
(1) | Other amounts due to or from our Adviser primarily relate to miscellaneous general and administrative expenses either paid by our Adviser on our behalf or by us on our Adviser’s behalf.
(2) | Represents the cumulative accrued but unpaid portion of prior Administration fees that are scheduled to be paid during the three months ending September 30, 2020, which is the quarter following our Administrator’s fiscal year end.
(3) Reflected as a line item on our accompanying Condensed Consolidated Balance Sheet.

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- Definition Schedule of related party transaction fees. + References No definition available. + Details
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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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