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Investment in and Advances to Affiliate
9 Months Ended
Sep. 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

 

 

Nine Months

 

 

Ended September 30,

 

 

Ended September 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Revenue from contracts with RVI:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset and property management fees

$

4.4

 

 

$

5.1

 

 

$

14.1

 

 

$

16.6

 

Leasing commissions

 

0.3

 

 

 

0.4

 

 

 

2.0

 

 

 

1.8

 

Disposition fees

 

0.8

 

 

 

0.5

 

 

 

2.6

 

 

 

3.2

 

Credit facility guaranty and refinancing fees

 

0.1

 

 

 

0.1

 

 

 

0.1

 

 

 

1.9

 

Total revenue from contracts with RVI

$

5.6

 

 

$

6.1

 

 

$

18.8

 

 

$

23.5