Related Party Transactions

6 Months Ended

Jun. 30, 2019

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:


	June 30, 2019		December 31, 2018
Receivable from WTT	$	13,920	$	14,678
Receivable from ETFS Issuers		8,573		8,779
Receivable from BI and WTI		853		951
Receivable from WTAMC		196		167
Receivable from WTCS		80		95

Total	$	23,622	$	24,670

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


	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Advisory services provided to WTT	$	42,817	$	52,591	$	85,040	$	107,792
Advisory services provided to ETFS Issuers		19,367		17,720		38,640		17,720
Advisory services provided to BI and WTI		2,583		2,724		5,087		5,351
Advisory services provided to WTAMC		607		403		1,153		715
Advisory services provided to WTCS		253		340		547		656

Total	$	65,627	$	73,778	$	130,467	$	132,234

The Company also has investments in certain WisdomTree ETFs of approximately $3,193 and $7,117 at June 30, 2019 and December 31, 2018, respectively. Gains and losses related to these ETFs during the three months ended June 30, 2019 and 2018 were ($205) and ($67), respectively, and during the six months ended June 30, 2019 and 2018 were $148 and ($

), respectively.