Net operating income increased 21.2%. Funds from operation core was $0.34 per share compared to our dividend of $0.285 per share, which is an 81% coverage. Rental rates on new and renewal leases signed during the quarter increased 12.8%. During the presentation all participants will be in a listen only mode. Afterwards we will conduct a question and answer session. As a reminder, this conference is being recorded, Thursday, May 4, 2017.
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