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RECEIVABLE FROM AND PAYABLE TO RELATED PARTIES (Tables)
 3 Months Ended
Mar. 31, 2021
Related Party Transactions [Abstract]  
Schedule of reconciliation of accounts receivable from related parties

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

 

    Quarter Ended March 31,  
    2021     2020  
Fees:            
Advisory   $ 197     $ 190  
Net income     139       86  
    $ 336     $ 275  
Other Expense:                
Cost reimbursements   $ 107     $ 72  
                 
Revenue:                
Interest received   $ 1,218     $ 1,479  
Schedule of reconciliation of accounts receivable from related parties

The table below reflects the various transactions between IOR, Pillar, and TCI (dollars in thousands):

 

    TCI  
    2021     2020  
Balance, December 31,   $ 90,526     $ 86,221  
Cash transfers     3,725       815  
Advisory fees     (197 )     (190 )
Net income fee     (139 )     (86 )
Cost reimbursements     (107 )     (72 )
Interest income     858       1,032  
Income Tax     (359 )     (224 )
Balance, March 31,   $ 94,307     $ 87,496