Our current investment portfolio is comprised predominantly of real estate located in the Mid-Atlantic region of the United States from New York City to Washington, DC and points in between, including Philadelphia. Real estate, and in particular, multi-family work-force housing located in urban and near-urban geographies, represents one of the best risk-adjusted investment classes we have encountered since approximately 2010. We also currently have investments in several operating companies, both in the United States and abroad, and in certain financial instruments.
