Gramercy Property Trust Inc. (GPT)

[Country Lawyer]

Also took quick gander. Revenue is revenue, it's the earnings that I am not real happy about. And also still no divy news. I understand that the accountants work their magic to lower income, but quick question--or maybe I am missing something, but if you have a large loss, why the large provisions for taxes? Further, I have to look again to see if the ~$49m left is with or without making provisions for the perf divs. If without, that only leaves mid-teens millions to deploy which can be done in one deal . . . then what? Sigh.