It displays "OWN" status to the checking faction, not the faction which relations are being displayed. It display "FRIEND" status to the faction in question.
http://i.imgur.com/n4R44T2.png - my faction is "Imaginary Numbers", my enemy is "SM1 Scavengers"
http://i.imgur.com/Uz0qy36.png - I am checking "SM1 Scavengers" faction