Certain executives of APUC are shareholders of Algonquin Power Management Inc. (“APMI”), the  former manager of the Company. A member of the Board of Directors of APUC is an executive at  Emera.  APUC has leased its head office facilities since 2001 from an entity owned by the shareholders of  APMI on a triple net basis. Base lease costs for the year ended December 31, 2012 were $333  (2011 - $327).  APUC utilizes chartered aircraft, including the use of an aircraft owned by an affiliate of APMI,  Algonquin Airlink Inc. In 2004, APUC remitted $1,300 to the affiliate as an advance against expense  reimbursements (including engine utilization reserves) for APUC’s business use of the aircraft.  During the year ended December 31, 2012, APUC incurred costs in connection with the use of the  aircraft of $598 (2011 - $453) and amortization expense related to the advance against expense  reimbursements of $279 (2011 - $274). At December 31, 2012, the remaining amount of the  advance was $nil (December 31, 2011 - $279).  Affiliates of APMI hold 60% of the outstanding Class B limited partnership units issued by the St.  Leon LP, a subsidiary of APUC and the legal owner of the St. Leon facility. The related holders of  the Class B units received cash distributions of $292 for the year ended December 31, 2012  (2011 - $314). Subsequent to year-end, on January 1, 2013, the Company issued 100  redeemable Series C preferred shares and exchanged such shares for the Class B units (notes  13 and 14 (b)).  APUC provided supervisory management services on a cost recovery basis to a hydroelectric  generating facility not owned by APUC where Senior Executives hold an equity interest. Rattle Brook is a hydroelectric generating facility in which APUC owns a 45% interest and Senior  Executives hold an equity interest in. Rattle Brook is operated on a cost recovery basis by an  entity which is partially owned by Senior Executives.  APMI is one of the two original developers of Red Lily I and both developers are entitled to a  royalty fee based on a percentage of operating revenue and a development fee from the equity  owner of Red Lily I. In 2011, APUC acquired APMI’s interest in this royalty for an amount of  $600. As part of the project to re-power the Sanger facility, APUC entered into an agreement with APMI  to undertake certain construction management services on the project for a performance based  contingency fee. An amount of U.S. $550 has been accrued as an estimate of the final fee owed  to APMI. During 2007, APUC allowed its offer to acquire Clean Power Income Fund to expire and earned a  termination fee of $1,800. As part of its role in the process, APUC has agreed to pay APMI a fee  of U.S. $100 which has been accrued as an estimate of the final fee owed to APMI. 2012 Annual Report 122 Transactions with APMI and Senior Executives  19. Related party transactions Algonquin Power & Utilities Corp. – Consolidated Financial Statements ALGONQUIN POWER & UTILITIES CORP.  Notes to the Consolidated Financial Statements  December 31, 2012 and 2011   (in thousands of Canadian dollars except as noted and amounts per share) 