Investment in and Advances to Affiliate

9 Months Ended

Sep. 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 had receivables from RVI of $16.7 million and $34.0 million at September 30, 2019 and December 31, 2018, respectively, 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				Nine Months
	Ended September 30,				Ended September 30,
	2019		2018		2019		2018
Asset and property management fees	$	5.1	$	6.5	$	16.6	$	6.5
Leasing commissions		0.4		0.7		1.8		0.7
Disposition fees		0.5		1.6		3.2		1.6
Credit facility guaranty and refinancing fees		0.1		0.1		1.9		0.1
Total revenue from contracts with RVI		6.1		8.9		23.5		8.9