Good morning, and welcome to the TICC Capital Corp’s Third Quarter 2015 earnings conference call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Jonathan Cohen, Chief Executive Officer. Please go ahead, sir.

Thank you. Good morning, and welcome everyone to the TICC Capital Corp’s third quarter 2015 earnings conference call. I'm joined today by Saul Rosenthal, our President and Chief Operating Officer, and Bruce Rubin, our Chief Financial Officer and Treasurer. Bruce, could you open the call today with a discussion regarding forward-looking statements?

Sure Jonathan. Today's call is being recorded. An audio replay of the conference call will be available for 30 days. Replay information is included in our press release that was released earlier this morning. Please note that this call is the property of TICC Capital Corp. Any unauthorized rebroadcast of this call in any form is strictly prohibited. I would also like to call your attention to the customary disclosure in our press release this morning regarding forward-looking information. Today's conference call includes forward-looking statements and projections, and we ask that you refer to our most recent filings at the SEC, for important factors that can cause actual results to differ materially from those projections. We do not undertake to update our forward-looking statements unless required to do so by law. To obtain copies of our latest SEC filings, please visit our website at www.ticc.com. Please note, that we will not be conducting a Q&A at the end of this call. With that, I'll turn the call back over to Jonathan.

Thanks Bruce. For the third quarter of 2015, TICC reported GAAP total investment income of approximately $23.1 million, representing a decrease of approximately $600,000 from the second quarter's $23.7 million figure. Third quarter GAAP income from our portfolio was distributed as follows, approximately $14.1 million from our debt investments, approximately $8.6 million from our CLO equity investments, and approximately $400,000 from all other income. Income from our debt investments was up $1.2 million for the quarter, income from our CLO equity investments was down by $1.0 million, and all other income was down by approximately $900,000 from the prior quarter. We also reported GAAP net investment income of approximately $10.9 million, or $0.18 per share for the third quarter of 2015, roughly flat with the second quarter's $0.18 per share on a GAAP NII basis. Our taxable income, which we estimate approximates our cash income is generally higher, generally substantially higher than GAAP NII, due to the accounting for CLO equity investments under GAAP, and for the quarter equated to $10.5 million, or $0.34 per share. This Core NII represents that portion of our estimated annual taxable income available for distribution to common shareholders that we estimate to be attributable to the quarter. The company's Board of Directors has declared a distribution of $0.29 per share for the fourth quarter of this year, payable on December 31, 2015 to shareholders of record as of December 16th. For the quarter ended September 30, 2015, we also recorded net realized capital gains of approximately $400,000, and net unrealized depreciation of approximately $41.0 million. Our CLO positions suffered significant price declines during the quarter. As a result of those realized gains and unrealized losses, we had a net decrease in net assets resulting from operations of approximately $29.7 million, or $0.50 per share…