From a cash perspective, we earned 130% of what we distributed as our dividend. Our Adjusted Funds From Operations or AFFO was $0.26 per share diluted and GAAP net income was $0.26 per share diluted, an increase of 10% for both over the first quarter. Both GAAP net income and AFFO increased over 13% from the first quarter. We paid a sizable and sustainable dividend of $0.20 for the quarter and our book value per share increased to $5.44 per share from $5.38 per share as of December 31, 2011.Our liquidity remains excellent and we had approximately $110 million of cash, including $32 million of unrestricted cash as of June 30 even after making considerable investments during the quarter.
Resource Capital Corporation's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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