Q1 2020 Great Ajax Corp Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Great Ajax Corp's First Quarter 2020 Earnings Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)
I would now like to hand the conference over to your speaker today, Lawrence Mendelsohn, CEO. Thank you. Please go ahead.
Thank you very much. Thank you, everybody, for joining us on our first quarter 2020 earnings conference call. I want to point you to, on Page 2, the Safe Harbor disclosure and discussion of forward-looking statements. And with that, we can move on to Page 3 and the business overview.
Before I get into too much of the presentation, I want to do a brief introduction. First quarter of 2020 was a noisy one, predominantly because of fixed income market conditions and the economic environment in the month of March. January and February were good net asset value-building months. In March, we navigated through the volatility, closed on joint
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