inception. Thank XX since of date March as The start announce a on dividend a share XX. you, to $X.XX be XXth the on dividend paid dividend Alan. of To our shareholder public our March XXth call, pleased I’m consecutive company will based and record per
QX compared exclude contribution QX million Note of to would discontinued $XXX QX for in and XXXX been million. Available $XXX.X that XXXX EBITDA to in included, QX FAD CMQR $XXX.X XXXX million discontinued If Funds for Distribution. as operations. had from million XXXX now are as compared in operations $XX.X these for have Adjusted adjusted EBITDA us for rail QX XXXX. contribution of sold XXXX $XXX of of of EBITDA from EBITDA and figures are $XX.X million QX classified were XXXX been they metrics adjusted the and assets adjusted key The million QX and was or
million $XXX.X XXXX QX QX $XXX.X in $XX.X XXXX. of QX million and million in was FAD versus in XXXX
fourth FAD of million from million and from million number $XXX.X quarter, business $XX.X the portfolio, the negative aviation other. from During leasing $XXX.X comprised our $XXX.X was our million and infrastructure corporate
proceeds debt the Ridge business sale number the from assets of FAD rail assets million Also, Infrastructure discontinued $XX.X transaction the of million quarter. sale CMQR net proceeds during in million XX% sale operations, and included includes from of $XXX FAD resulting from aviation million sale of the proceeds from Long $XX.X costs. the the interest of assets, and of $XXX.X of from CMQR
Now, aviation. let’s to turn
excluding QX loss million, QX QX adjusted adjusted $XX of XXXX million asset of from QX in $XXX of QX XXXX quarter $X EBITDA was in from in and XXXX, $XX in in XXXX, to For gains from XXXX, of XXXX XXXX. of in XXXX $XX aviation a million in million in of QX was up EBITDA million of million compared $XXX of million QX sales annualized million XXXX. gains QX $XXX the fourth $XXX sale asset and $XXX Including million and
income and compensation versus to and from In XXXX a from was QX return additional lease additional larger XXXX, collections. maintenance reserve even portfolio sales QX due other words, lower gains with EBITDA in asset flat
to we quarter set XXXX cap out So a accomplish We some. aviation off year. had achieved a fabulous and everything meant to in terrific
and or on Recurring our XX%. well equity came EBITDA of XX% an $XX invested targets in $XXX EBITDA net above and and return on of and respectively, and for income million QX of XX% respectively equity XXXX XX% yield million
million QX book And for the $XX the million Asset our in value of QX $XXX investments in million assets over new sale sold of expectations. and good especially million, posted. over that gains of of XXXX returns brought light $XXX exceeded we’ve of $XX year on one and in pretty also $XXX to million total
goal in of strategic proprietary engine our of Finally, the and becoming enable developing will pass made that aftermarket for major to tower strides products provider by commercial market leading CFMXX the practices great us milestones XXXX.
prior opportunities, to having continuation engines. long-haul is The markets CO like aircraft by focused SARS, XXXX, the periods. as and liquid obviously investment defensively largest everyone’s most on we performance minds. see as the FTAI great XXX invested is we and severely to but Looking affected recovery and wide-body rebound of were In financial in priced most strong similar expected on coronavirus first. most experienced longest ahead markets feel lower possible NGs AXXX Therefore, that and aircraft epidemics, profitable
if strong such to Bull change, program to is a raise by will and Some increase position and financial leverage increase and on opportunity we as result capitalize. airlines, lower airlines negatively are coronavirus year we be can need extremely valuable. markets being end airlines when we ago, always would sell to to affected seeing don’t little over cash. looking to markets that started having One maybe a all when aircraft a be – access others and the situation, leverage liquidity now are assistance. capital A in a investment
plan. the executed we So
lowest Our any may be under markets. aviation capital liquidity to of XX%, access have leverage multiple the is which lessor ample now and major and
go. we here So
EBITDA the terminal positive Turning exclusively to look had we if core we at business, in QX. Jefferson,
from results to program. one-time Canadian crude crude EBITDA our marketing shutdown one-time final Canadian adjusted program from million. costs had relate The marketing the $X.X our Excluding charges, and Jefferson charges of
all before The going the XX operate XXXX inactive program profits will of over imposed While of an the in netted generated XXXX and export opportunistic now government program QX the forward from were months only million we basis. restrictions. is QX $X it Alberta we and of approximately we on operated, the
largest volume a the with of producers we QX, in for of with signed barrels In XXX,XXX one Canada commitment. minimum agreement over a storage multi-year
interest acquisition our joint the ethanol the of closed and of that completed ethanol venture to from transition in system have our also We partner crude.
it going capacity. money will with will we result, and rail system forward that more our a make improve As
refinanced all to of reduction the rate QX debt to Jefferson existing interest and fund long-term debt significant was expansion average X.X%. of the projects. as retire $XXX Importantly, access debt expense attractive future debt approximately XXXX interest company on to of million achieve to compared position in rate Average new X.X% the long-term
debt X.XXX% New XX-year both and and of tax were X% exempt traded and at have substantially bonds, included priced which interest up since. respectively, oversubscribed XX-year
in in million was barrels, in with The current a continue increase, up XX% XX.X volume. some million Let while was on the me barrels numbers were and QX. at QX to discussing X.X QX to Throughput quarter. the throughput Jefferson comments conclude numbers up Jefferson or those increase smartly
will of now this QX. from the Jefferson crude projecting and that marketing quarter, program volumes positive loss the EBITDA With are the experiencing in in we’re from continued drag increase we have throughput
the we with of our With are half rate track of pipeline the of all on be annum. an in ramp approximately million in about XXXX, volumes operational second with EBITDA we projects seeing to exiting XXXX and per run $XXX good three feel
an not but for an only will is which than we’re EBITDA we Jefferson business been this has EBITDA years but a from drag contributor, good longer is has see we now hoped, be positive and up ramp to we asset news sure EBITDA poised For four to which the taken material expect there now growth.
we export turn and Let’s We X.X gallons of is sales, butane X finished generated are X construction of Dock of rail-to-ship our the which Repauno EBITDA gas operations, million our year QX. to liquids $X.X with offering. Phase construction now Repauno. completed of natural strongly million which for completing
the close in and commence program final Once QX expect commitments, producers both place be that construction start of We be which operational has will underground to NGL from X necessary European in signing X cavern, to to Marcellus storage XXXX domestic contracts putting we as of million the expect are and the program barrel in operational XXXX. to deals Phase we of with process that offtakers planned.
and tons earn-out, record XX% XXXX sand million XXX,XXX generate with XXXX. run the In we strongly, On plant January expect is Long frac than for Ridge a XXX,XXX was in Ridge, the tons $XX handling a a November month that sold we finished plus to and rate million time no to Long be business on December, us. basis, interest year loaded. of power $XXX will for construction $XX in believe we additional million on later an The which over operational
nicely. So in Ridge is short, moving Long along
results, ago, we In showcased years four over to EBITDA. commercial the engine but market started of as will Five aftermarket come. XX lot is largest which the conclusion, the leading infrastructure to months through dream still years dreaming best saying, work, XXXX to about we’ve the been is reality months. that for go building the world XX After provider power and the next achieved hard aviation has a positive about become in was
strong And all we flow aviation cash have are we XXXX. or in infrastructure. of to and QX increase from the times cash from ramp soon the the of indications dividend in closest be coverage. X.X will we joined will At QX been EBITDA flow metric are coverage, X:X And by exceed that that
started were all this a of point. since us beginning talented still A bringing And us today. and with for public. our come there their way went them and working They’ve It’s hard the long done people and of we everyone, at I a want we’ve since and dedication. lot who exciting of a terrific thank to FTAI we long hard work a very So, to are shareholders. time for job very FTAI way
back With to call Alan. will the that, I turn
