CAD was introduced according to the earnings PR, as a measure of distribution availability. NRF management expects CAD to increase in subsequent quarters due to recent accretive investments.
The just released presentation forecasts 2013 CAD -- I think upward to high 90 cents. This is a worthwhile presentation to show why nrf is without comparison
Distributable Cash Flow is a Gauge of "Free Cash Flow" usually applied to MLP's.
With NRF, it's the" Earnings" which apply.
Sentiment: Strong Buy
Try doing some reading before you make your next stupid statement about nrf.