Jay Kornreich : I guess I just want to start with a follow-up on the Fontainebleau Las Vegas that will be a great asset. And I guess providing construction loans is a riskier and higher return investment option that you had typically endeavor in. So just I’m curious if you saw this as more of a one-off opportunity? Or if you see providing casino and hotel construction loans as more of a path towards growth in the future?
David Kieske : Yes, Jay, it’s David. I mean with our capital, we always want to find what makes sense at the right point in time with ideally a path to real estate ownership. And as I mentioned earlier, we do not have a direct path to real estate ownership with the Fontainebleau, but we developed a phenomenal relationship with Koch and Soffer that could lead to other opportunities. But as we’ve talked about with our Partner Property Growth Funds with other — we talked with other gaming operators and non-gaming operators above ground-up development. We are doing that with Canyon Ranch. We’re doing that with — in a forum with Cabot in the golf opportunities. So the nice thing about our capital, it is flexible. It can come into different parts of the capital stack, so to speak. But again, ideally, we have a path to real estate ownership over the long term where we can continue to generate the types of returns and growth that we’ve done in our first 5 years.
Jay Kornreich : All right. And then I guess just on the non-gaming side with some of those partners that you just mentioned, that are quickly growing and they’re looking for capital kind of fund that expansion. Do you have a sense of just how large that potential pipeline is in the U.S. for these types of quickly expanding non-gaming the platforms that you feel comfortable investing in?
Edward Pitoniak : Yes, it category by category, Jay — and Elliot, this is just a heads up. This will have to be the last question. These categories, there are so many of them and so many of them run into the many, many tens of millions of dollars of growth opportunities, some larger, some smaller. But it is a landscape — an experiential landscape that we feel represents decades of growth ahead for VICI.
Edward Pitoniak : And Jay, thank you for that question, Elliot. I think we will close things out now. And I’ll just — for those of you who haven’t heard enough about VICI today, as just flash across the screen on CNBC, I will on Mad Money in the night, in case you haven’t heard enough. And with that, thank you all for your time today and really appreciate your attention to VICI and we’re very excited about the value creation opportunities we have ahead of us. That’s it for now. Thank you.
Operator: This call is now concluded. Thank you for your participation. You may now disconnect your lines.
