I just read the transcript of the conference call, and my take is that these guys would rather die than cut their dividends. They concede that real estate will remain rocky for the near term, especially in the U.K., but the fund is well-positioned to take advantage of opportunities as they arise. I'd urge everyone to read the transcript. It's not overly technical and you'll feel good about the prudent approach that management is taking, not only with AWP, but also AGD and AOD.