Thank you for your comments. I have been able to work around the colormap issue and the images will color balance fine. I experimented with a work around by simply creating a colormap on the individual image files and then turning around and deleting the new colormap. A strange work-around but resulted in the desired effect.
I have had some luck with the mosaic dataset work but am now running into an issue exporting the final mosaic dataset product as a TIFF. I have tried all ways to export, i.e. the "export as different raster type", simply right clicking on the image in TOC and exporting that way, etc.
The export will produce an image of the same extent as the mosaic but displays "choppy", that is that there will only be strips or slivers of the image and most of the center is blank. I am exporting these as TIFFs and have tried the rendering option for an 8-bit unsigned. Most of the mosaics are ten images or more but I've tried mosaicing four or five to see if that works. These do export appropriately but I do not like the product of exporting parts of my aerial coverage and then mosaicing those exports together. The histogram matching does not work properly in this case.
I personally have never seen this issue occur while exporting where only slivers of the image export but it is a major problem. Thanks in advance for any advice.