Gladstone Commercial Corporation

Greetings. Welcome to Gladstone Commercial's first quarter earnings call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone today should require operator assistance during the conference, please press star zero from your telephone keypad. Please note this conference is being recorded. At this time, I'll turn the conference over to Mr. David Gladstone, Chief Executive Officer. Mr. Gladstone, you may begin.

Okay, thank you, Rob. Nice introduction, and thanks to all of you for calling in this morning. We enjoy this time that we have with you, and unfortunately, it's on the phone, so we just get to hear your voice when you ask a question. Now, we'll first start with Michael Lacalce. He's our general counsel and secretary to give us the legal and regulatory matters concerning this call that we're doing today. Michael, go ahead.

Thanks, David, and good morning, everybody. 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. Now, 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 the risk factors our forms 10Q, 10K, and other documents that we file with the SEC, and you can find them on the investors' page of our website, www.cladstonecommercial.com, or on the SEC's website at 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 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 core FFO, which are generally FFO adjusted for certain other non-recurring revenues and expenses. And we believe these metrics are a better indication of our operating results and allow better comparability of our period-over-period performance. We ask everybody to 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. Keyword there is the Gladstone Companies. And our Twitter handle is at Gladstone Comps. And today's call is an overview of our results. So we advise everybody to review our press release and Form 10Q issued yesterday for more detailed information. Again, go to the investors page of our website to check those out. With that, I'll hand the baton over to Gladstone Commercial's co-presidents, Bob Cutlip and Buzz Cooper. Bob?