XML 60 R22.htm IDEA: XBRL DOCUMENT v3.20.1
RELATED PARTY TRANSACTIONS AND FEES (Tables)
 12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Schedule of advisory fees and cost reimbursements

The advisory fees and cost reimbursements paid to Pillar, TCI and related parties are detailed below (dollars in thousands):  

 

    Years Ended December 31,  
Fees:   2019     2018     2017  
Advisory     737       685       660  
Net income     357       631       250  
    $ 1,094     $ 1,316     $ 910  
                         
Other Expense:                        
Cost reimbursements     260       284       234  
                         
Revenue:                        
Interest received   $ 4,780     $ 3,086     $ 1,903  
      4,780       3,086       1,903  

 
Schedule of reconciliation of accounts receivable from related parties

The following table reconciles the beginning and ending balances of amounts receivable from related parties as of December 31, 2019 and 2018 (dollars in thousands): 

 

    TCI  
    2019     2018  
Balance, January 1   $ 82,089     $ 49,631  
Cash transfers     2,959       1,603  
Advisory fees     (737 )     (685 )
Net income fee     (357 )     (631 )
Cost reimbursements     (260 )     (284 )
Expenses paid by advisor     85       887  
TIF reallocation     (1,260 )     —  
Transfer additional real estate land     0       7,323  
Proceeds from sale of land     0       22,550  
Interest income     4,780       3,086  
Income tax     (1,078 )     (2,183 )
AMT credit receivable     0       792  
Balance, December 31   $ 86,221     $ 82,089