Question-and-Answer Session
Operator
Thank you. (Operator Instructions). And we'll go to line of Andrew Wessel with JPMorgan. Please go ahead.
Andrew Wessel - JPMorgan
Hey guys, good morning.
Stewart Zimmerman
Good morning Andrew.
Andrew Wessel - JPMorgan
Just, I guess a couple of questions. One little housekeeping just on G&A. Pretty big drop in the quarter is that, I image that isn't going to be a run rate, but could you just kind of give us some help there?
Bill Gorin
You're right. That's not the run rate. It was a reversal of bonus accruals in the fourth quarter.
Andrew Wessel - JPMorgan
Okay, great. And then the other question I have and I think its broader one is, really looking at the amount of issuance that's going out right now and seeing at least the people with on that are applying to get into fixed rate products. What are your thoughts 6 to 12 months down the road, in terms of availability for hybrid on products, to continue to execute the strategy? Do you see either, its advantageous right now to take on 15 or 30-year fixed products or do you think that that's going to be kind of force your hand due to the availability of products. Any color would be helpful there?
Stewart Zimmerman
Andrew, actually I was going to (inaudible) in the week they asked me a similar question. And the answer is we really have not seen a problem in looking at hybrid assets. Sometimes and all these new originations they maybe in fact in secondary market, but there certainly is no shortage of assets to look at.
Obviously it makes more sense today for a borrower to get a fixed rate rise in the data, that you know, a 3-1, 5-1, 7-1 to 10-1 for the most part, but its still a viable market and again based on what is being produced, and based on what's available in the secondary market but doesn't seem that we're going to have any problem buying assets.
Andrew Wessel - JPMorgan
Great, thank you very much.
Stewart Zimmerman
Thank you.
Operator
And next we'll go to the line of Jason Arnold with RBC Capital Markets. Please go ahead.
Jason Arnold - RBC Capital Markets
Hi. Good morning guys. Just wondering if you can share your thoughts on prepayments speed from a big picture perspective and then perhaps with respect to your portfolio in particular?
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