Gladstone Commercial Corporation

Good morning, ladies and gentlemen, and welcome to the Gladstone Commercial Corporation's third quarter earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at that time. If anyone should require assistance during the conference, please press star, then zero on your touchtone phone. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. David Gladwell. Gladstone, sorry, go ahead, sir.

Okay, thank you, Stephanie. That's a nice introduction, and we are coming to you from the town that has the world-famous Washington National Baseball team that just won the World Series, in case you're wondering why we're still celebrating here. We do it for this time we have with you on the phone, and wish that we had more time like this. I'm going to start off with Michael LiCalsi, who's actually in his Washington National Baseball team uniform. So, Michael, go ahead. Thank you.

Today's report may include forward looking statements under the Securities Act of 1933 and the Securities Exchange Act of 1934, including those regarding our future performance. These forward looking statements involve certain risks and uncertainties that are based on our current plans, which we believe to be reasonable. and many factors may cause our actual results to be materially different from any future results expressed or implied by these forward-looking statements, including all risk factors in our Forms 10Q, 10K and other documents that we file with the SEC. You can find all these on our website, www.gladstonecommercial.com, specifically the Investor Relations page or on the SEC's website, which is www.sec.gov. The company undertakes no obligation to publicly update or revise any of these forward-looking statements, whether as a result of new information, future events, or otherwise, except, of course, as required by law. Today we will discuss FFO, which is Funds From Operations. FFO is a non-GAAP accounting term defined as net income excluding gains or losses from the sale of real estate and any impairment losses on property, plus depreciation and amortization of any real estate assets. We'll also discuss core FFO, which is generally FFO adjusted for certain other non-recurring revenues and expenses. And we believe this is a better indication of our operating results and allows better comparability of our period-over-period performance. And please take the opportunity to visit our website. Once again, gladstonecommercial.com. You can sign up for our email notification service online there. You can also find us on Facebook. Keyword there is the Gladstone Companies. and we even have our own Twitter handle, and that's at Gladstone Comps. And today's call is simply an overview of our results, so we ask that you review our press release and Form 10-Q, again, both issued yesterday, for more detailed information. Again, those can be found on the Investment Relations page of our website. Up in the corner, then, we have Bob Cutlip, Gladstone Commercials President. He'll take over.