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RELATED PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2015
RELATED PARTY TRANSACTIONS AND FEES  
RELATED PARTY TRANSACTIONS AND FEES

NOTE 6. RELATED PARTY TRANSACTIONS

The following table reconciles the beginning and ending balances of accounts receivable from and (accounts payable) to related parties as of June 30, 2015 (dollars in thousands):

   Pillar
Related party receivable, December 31, 2014  $21,414 
Cash transfers   41,516 
Advisory fees   (4,600)
Net income fee   (335)
Fees and commissions   (2,391)
Cost reimbursements   (1,829)
Interest income   408 
Expenses paid by Advisor   (5,448)
Financing (mortgage payments)   (1,370)
Sales/purchases transactions   (10,005)
Related party receivable, June 30, 2015  $37,360 

During the ordinary course of business, we have related party transactions that include, but are not limited to, rent income, interest income, interest expense, general and administrative costs, commissions, management fees and property expenses. In addition, we have assets and liabilities that include related party amounts. The related party amounts included in assets and liabilities, and the related party revenues and expenses received/paid are shown on the face of the Consolidated Financial Statements.