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8.00% Series A Convertible Preferred Stock
6 Months Ended
Jun. 30, 2019
Temporary Equity Disclosure [Abstract]  
8.00% Series A Convertible Preferred Stock 8.00% Series A Convertible Preferred Stock
The preferred stock is held by a related party, TCP-ASC ACHI Series LLLP, a limited liability limited partnership jointly owned by Ascension Health Alliance and investment funds affiliated with TowerBrook (the "Investor").

The following summarizes the preferred stock activity for the six months ended June 30, 2019 (in millions, except per share data):
 
 
Preferred Stock
 
 
Shares Issued and Outstanding
 
Carrying Value
Balance at December 31, 2018
 
246,233

 
$
208.4

Dividends paid/accrued dividends
 
9,947

 
10.1

Balance at June 30, 2019
 
256,180

 
$
218.5