Gladstone Commercial Corporation

Ladies and gentlemen, thank you for standing by and welcome to the Gladstone Commercial Corporation second quarter ending June 30th, 2020 earnings call and webcast. At this time, all participant lines are in a listen only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star then one on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, Please press stars and zero. I would now like to hand the conference over to your speaker today, David Gladstone. Please go ahead.

Well, thank you, Sarah. That was a nice introduction, and thank you all for calling in. It's an interesting time to talk about real estate, but we still enjoy these times we have with you on the phone and wish we had more time to talk with you and certainly enjoy the questions at the end. Now we'll hear from Michael LiCalsi. He's our General Counsel and Secretary. He'll give us legal and regulatory matters concerning all of the report that we've given in yesterday.

Michael? Thanks, David, and good morning. Today's report may include forward-looking statements under the Securities Act of 1933, 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. Many factors may cause our actual results to be materially different. For many future results expressed or implied to these focusing statements, including our risk factors listed in our Forms 10-Q and other documents we filed with the SEC, you can find them on our website, which is www.gladstonecommercial.com, or on the SEC's website at www.sec.gov. Now, the company undertakes no obligation to publicly update or revise any forward-looking statements. whether as a result of new information, future events, or otherwise, except 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 the gains or losses from the sale of real estate and any impairment losses on property plus depreciation and amortization of real estate assets. We'll also discuss FFO as adjusted for comparability and core FFO which are generally FFO-adjusted for certain other non-recurring revenue and expenses. We believe these metrics are a better indication of our operating results and allow better comparability of our period-over-period performance. Please take the opportunity to visit our website, once again, gladstonecommercial.com. Sign up for our email notification service. You can also find us on Facebook. The keyword there is the Gladstone Companies. We even have our own Twitter handle, and that's at GladstoneComps. Today's call is an overview of our results, so we ask that you review our press release. Form 10-Q, both issued yesterday, for more detailed information. Again, those can be found on the investor relations page of our website. With that, I'll turn the presentation over to Gladstone Commercial's president, Bob Kotlin. Bob? Thank you, Michael.