Clearly, these substantial debt retirements are major step of positioning us more favorably for the future. It will improve the right side of our balance sheet significantly by reducing the leverage and recourse that substantially leaving us poised to take advantage of the opportunities that will exist in the market.We continue to focus heavily on increasing and maintaining our liquidity. And as of today, we have approximately $73 million of cash on hand and around 20 million of cash collateral posted against our swaps.
Arbor Realty Trust, Inc. Q1 2010 Earnings Call Transcript
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