Investment in and Advances to Affiliate

6 Months Ended

Jun. 30, 2019

Investments In And Advances To Affiliates [Abstract]

Investment in and Advances to Affiliate

4. Investment in and Advances to Affiliate

The Company has a preferred investment in Retail Value Inc. (“RVI”) of $190.0 million and receivables from RVI of $33.8 million at June 30, 2019, primarily consisting of restricted cash and insurance premiums owed by RVI pursuant to the terms of the agreement governing the separation of RVI from the Company, which occurred on July 1, 2018.  

Revenue from contracts with RVI is included in Fee and Other Income on the consolidated statements of operations and was composed of the following (in millions):

	Three Months Ended		Six Months Ended
	June 30, 2019		June 30, 2019
Asset and property management fees	$	5.8	$	11.6
Leasing commissions		0.7		1.4
Disposition fees		1.5		2.6
Credit facility guaranty and refinancing fees		—		1.8
Total revenue from contracts with RVI	$	8.0	$	17.4