v3.26.1
Manager and Other Related Parties (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable

Formation loan transactions for the six months ended June 30 are presented in the following table ($ in thousands).

 

 

 

2026

 

 

2025

 

Balance, January 1

 

$

2,590

 

 

$

2,694

 

Payments received from RMC

 

 

(208

)

 

 

(104

)

Balance, June 30

 

$

2,382

 

 

$

2,590

 

Summary of Organization and Offering Expenses

Unallocated O&O transactions for the six months ended June 30 are summarized in the following table ($ in thousands).

 

 

2026

 

 

2025

 

Balance, January 1

 

$

230

 

 

$

471

 

O&O expenses allocated

 

 

(68

)

 

 

(113

)

O&O expenses paid by RMC(1)

 

 

(5

)

 

 

(11

)

Balance, June 30

 

$

157

 

 

$

347

 

 

(1)
RMC is obligated per the Operating Agreement to repay RMI IX for the amount of unallocated O&O expenses attributed to a member’s capital account if the member redeems prior to the 40 quarterly allocations. RMC estimated its future obligation to repay unallocated O&O expenses on scheduled redemptions as of June 30, 2026, to be approximately $3 thousand.