Thank you, Mr. Chairman. The write-off is a debt that we have deemed to be unlikely of collection. So from an accounting perspective, we don't want to report it as an asset, as an accounts receivable, because we don't expect that it will be paid and realized. So we write it off. We take it off of our financial statements as an asset. That doesn't relieve the debtor of the obligation. We still vigorously pursue collection of the debt, but it would be inappropriate to report it as an asset because, in our view, it has little realizable value. That's a write-off. For the forgiveness, of course, is different than that. Forgiveness is where for various reasons, we are actually taking the debt off of our books and won't pursue it. Usually that's because a debtor has gotten released through the courts in a bankruptcy or there's been a negotiated settlement on the debt and we no longer have recourse to collect or there is some other valid reason or interest to do it. Sometimes debts that are owed by volunteer organizations or things like that where the organization no longer exists and there's no practicality in pursuing the debt are put forward for forgiveness as well.

The difference is, on forgiveness that's it, it's off our books, we don't pursue it anymore. The debt is forgiven.