Partners Real Estate Investment Trust announced consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported Net income was $2.0 million, an improvement of $2.0 million when compared to the fourth quarter of 2016. Revenues from income producing properties of $12.9 million, a reduction of $1.5 million when compared to the fourth quarter of 2016. This reduction in revenue is primarily the result of properties sold during December 2016 and June 2017. Same property NOI for the quarter of $7.9 million, an improvement of $0.2 million when compared with the fourth quarter of 2016, due to higher minimum rent and recovery of bad debt. All property NOI of $7.9 million, a reduction of $0.7 million when compared with the fourth quarter of 2016 due to properties sold during December 2016 and June 2017, partially offset by increases to same property NOI. FFO and AFFO per unit of $0.08 and $0.07, compared to $0.10 and $0.07, respectively, for the fourth quarter of 2016. Funds from operations were $3,858,612 against $3,229,425 a year ago. AFFO was $3,858,612 against $2,378,667 a year ago. ACFO was $2,957,679 against $2,196,135 a year ago. For the full year 2017, net income was $5.3 million, a reduction of $3.8 million when compared to 2016. This reduction was due to an increase in non-cash fair value loss adjustments. Revenues from income producing properties of $52.9 million, a reduction of $3.9 million when compared to 2016. This reduction in revenue is primarily the result of properties sold during December 2016 and June 2017. Same property NOI for the year of $31.5 million, an improvement of $1.2 million when compared to 2016, due to higher minimum rent, recovery of bad debt and savings from internalization of property management at the REIT's non-Quebec properties. All property NOI of $32.9 million, a reduction of $0.9 million when compared with 2016 due to properties sold during December 2016 and June 2017, partially offset by increases to same property NOI. FFO and AFFO per unit of $0.34 and $0.26, compared to $0.34 and $0.23, respectively, for the 2016. Funds from operations were $13,544,809 against $11,615,728 a year ago. AFFO was $10,290,518 against $7,828,676 a year ago. ACFO was $10,443,764 against $7,163,819 a year ago.