Q1 2019 Great Ajax Corp Earnings Call Transcript
Good afternoon, and welcome to the Great Ajax First Quarter 2019 Financial Results Conference Call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Lawrence Mendelsohn, Chief Executive Officer. Please go ahead.
Thank you, operator. Thank you, everybody, for joining us on our first quarter investor call. To start off, I'd like everybody to look at Page 2 where we have our safe harbor disclosure and forward-looking statements. And with that, we'll get into the presentation. I apologize a little bit for my voice. I'm fighting off a little of bit cold that seems to be going around Portland right now.
Overall, we had a very, very successful net asset value and intrinsic value-building quarter in pretty much most facets of our business and investment side. We bought loans at good prices and very good prices with collateral values. We added approximately $400 million in co-investment joint ventures with accredited institutional
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