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8.00% Series A Convertible Preferred Stock
3 Months Ended
Mar. 31, 2020
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 three months ended March 31, 2020 (in millions, except per share data):
Preferred Stock
Shares Issued and OutstandingCarrying Value
Balance at December 31, 2019266,529  $229.1  
Dividends paid/accrued dividends5,330  5.4  
Balance at March 31, 2020271,859  $234.5