Question-and-Answer Session
Operator
Thank you, ladies and gentlemen. (Operator Instructions). And your first question comes from the line of David Fick of Stifel Nicolaus. Please proceed.
David Fick - Stifel Nicolaus
Good morning. Can you tell us what constituted the big fee jump and other income quarter-over-quarter?
Scott Schaeffer
Sure we've doing a lot of work in restructuring our debt portfolio David and which gives us the opportunity to charge advisory fees to restructure those debt instruments and that is continuing three months throughout the first six months of 2009.
David Fick - Stifel Nicolaus
So, that would be within the CDOs and the managed structures that we are able to charge fees to those structures?
Scott Schaeffer
Yeah, to the issues on those...
David Fick - Stifel Nicolaus
The issues okay. What was the -- can you remind us what the sale price was on the Taberna CDO interests and what the interest specifically we saw was it only the equity of junior branches or whether senior branches in there also?
Scott Schaeffer
We held for the consolidated CDOs, a majority of the equity and BB class of instruments such as reconsolidated those CDOs previously. We have sold all of our preferred shares and significant portion of the BB and other levels of debt instruments sufficient to be consolidated interests. We still have some of the BBB and higher rated securities but they're of the cost in various deals and we basically sell the controlling interest in Taberna III and IV, VI and VII during the quarter for us, a nominal amount.
David Fick - Stifel Nicolaus
Okay. That what's the REITs centered and really is not any value that are -- along those lines, does it make sense to sort of go back to the quarter, old business where you had some strength and sort of try of silo off the structural history and just get rid of all of your non-cash loans CDOs, shrink the balance sheet and go back to straight commercial lending at a time that it looks like there's some attractive opportunities out there?
Jack Salmon
Well, David I think that's what you see us doing. We de-consolidated the majority of the Taberna CDOs. We're focusing our efforts on the commercial real estate platform. We have maintained are, all of our capabilities in commercial real estate through this period. You know from our history that was in it and it continues to be an integrated platform where we sourced, serviced, underwritten, provided due diligence, closed transaction, all in house. We continue to have that platform and we're leveraging that ability but to take advantage of opportunities in the market say.
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