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Investment in and Advances to Affiliate
6 Months Ended
Jun. 30, 2020
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.  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

 

 

Six Months

 

 

Ended June 30,

 

 

Ended June 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Revenue from contracts with RVI:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset and property management fees

$

4.8

 

 

$

5.8

 

 

$

9.7

 

 

$

11.6

 

Leasing commissions

 

0.5

 

 

 

0.7

 

 

 

1.7

 

 

 

1.4

 

Disposition fees

 

0.2

 

 

 

1.5

 

 

 

1.8

 

 

 

2.6

 

Credit facility guaranty and refinancing fees

 

 

 

 

 

 

 

 

 

 

1.8

 

Total revenue from contracts with RVI

$

5.5

 

 

$

8.0

 

 

$

13.2

 

 

$

17.4