I think we’ve done a nice job in terms of pushing maturities out. What will that look like going forward? I know a lot of people have different opinions on when the Fed might change and start to cut but we’re not running the business on banking on when they’re going to do that, we’re running a long-term business and trying to match fund the long-term debt with that. So I think we’re well positioned to see an acceleration of growth going forward. Obviously, this year is an acceleration of growth from last year and we continue to believe that if we execute, we should see the building blocks continue to improve going forward.
Operator: We have a follow-up from Linda Tsai with Jefferies.
Linda Tsai: What was the rationale behind selling that last bit of Albertson shares post 4Q? And then also the rationale in a provision for taxes rather than a special dividend?
Glenn Cohen: Sure. I mean it’s always been part of our capital plan and our strategy to monetize Albertsons. It’s part of our overall capital plan and we feel we can obviously redeploy those proceeds better than what that current dividend is. So that’s part of it. And really, for us, we’d rather retain the capital. We think we can make good use of $225 million, again towards additional investment and a combination of additional investment and debt reduction.
Operator: And we have a follow-up from Caitlin Burrows from Goldman Sachs.
Caitlin Burrows: Again, I feel like occupancy has been asked about a number of times but just 1 other way to ask. You guys show that at year-end economic occupancy for your portfolio was 92.7%. And in an earlier question, when you were talking about the occupancy trend for this year, you pointed out there could be post-holiday fallout and then there’s also bringing in RPT portfolio. So I was wondering that 92.7 that you showed that just Kimco, if you knew what that would have been had the RPT properties been included, if that makes sense?
Glenn Cohen: Yes, it would have been lower by 10 basis points in total, when you include the RPT. When you include RPT, the overall impact of RPT on occupancy starting the year is about negative 10 basis points.
Conor Flynn: Caitlin, as you know, Q1 is typically when you get the holiday hangover, you get some spaces back and then you start to build occupancy back throughout the year. So we anticipate the seasonality to continue. Clearly, we’re off to a good start here and that’s why we’re cautiously optimistic about the year ahead, continuing to build on the momentum from Q4 because that was a record quarter for us. And obviously, if we can stack quarter on top of quarter like that, we’ll be in very good shape to hopefully meet and exceed expectations for the year.
Operator: This concludes our question-and-answer session. I would like to turn the conference back over to David Bujnicki for any closing remarks.
David Bujnicki: We’d just like to thank everybody that participated on the call today. We hope you enjoy the rest of your day. Thanks so much.
Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.
