Well.....we opened a TAC case on this one. We got a runaround at first about how PTR works overall but quickly got TAC to focus on the real issue: The management/log server.
TAC had us go through DNS cache clears on the smartconsole machine but no changes.
Last night, we rebooted both of our management and log servers per TAC's request (and only after referencing this thread).
Today.......all is resolving correctly 🙂
So.....now we are pushing TAC on 'why' this occurred and 'how' this can be prevented going forward.