Related Party Transactions

12 Months Ended

Dec. 31, 2018

18. Related Party Transactions

The Company’s revenues are derived primarily from investment advisory agreements with related parties. Under these agreements, the Company has licensed to related parties the use of certain of its own indexes for the U.S. and Canadian WisdomTree ETFs and WisdomTree UCITS ETFs. The Board of Trustees and Board of Directors (including certain officers of the Company) of the related parties are primarily responsible for overseeing the management and affairs of the entities for the benefit of their stakeholders and have contracted with the Company to provide for general management and administration services. The Company is also responsible for certain expenses of the related parties, including the cost of transfer agency, custody, fund administration and accounting, legal, audit, and other non-distribution services, excluding extraordinary expenses, taxes and certain other expenses, which is included in fund management and administration on the Company’s Consolidated Statements of Operations. In exchange, the Company receives fees based on a percentage of the

ETFs’

average daily net assets. The advisory agreements may be terminated by the related parties upon notice.

The following table summarizes accounts receivable from related parties which are included as a component of accounts receivable on the Company’s Consolidated Balance Sheets:

	December 31,
	2018		2017
Receivable from WTT	$	14,678	$	19,433
Receivable from ETFS Issuers		8,779		—
Receivable from BI and WTI		951		979
Receivable from WTAMC		167		87
Receivable from WTCS		95		97
Total	$	24,670	$	20,596

The following table summarizes revenues from advisory services provided to related parties:

	Year Ended December 31,
	2018		2017		2016
Advisory services provided to WTT	$	203,031	$	215,513	$	209,199
Advisory services provided to ETFS Issuers		54,601		—		—
Advisory services provided to BI and WTI		10,448		9,205		7,003
Advisory services provided to WTAMC		1,757		466		148
Advisory services provided to WTCS		1,267		1,508		1,867
Total	$	271,104	$	226,692	$	218,217

The Company also has investments in certain WisdomTree ETFs of approximately $7,117 and $1,691 at December 31, 2018 and December 31, 2017, respectively. Gains and losses related to these ETFs for the years ended December 31, 2018, 2017 and 2016 were a loss of ($406), a gain of $26 and a loss of ($12), respectively, from these investments which are recorded in other losses, net on the Consolidated Statements of Operations. Amounts reported herein are exclusive of any offsetting economic hedging activities.