speaker
Conference Operator
Operator

Greetings and welcome to the Gladstone Commercial Corporation first quarter earnings call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during a conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, David Gladstone, Chief Executive Officer. Please proceed, sir.

speaker
David Gladstone
Chief Executive Officer

Well, thank you, LaTanya. This is a nice introduction that you do each time and Thanks to all of you for calling in this morning. It's a chilly day here in McLean, Virginia, just outside of Washington, D.C., and we'll warm you up with some good news in a minute. We enjoy this time we have with you on the phone and wish we had more time to talk with you. Now we hear from Michael Lacalce, our General Counsel and Secretary, to give us legal and regulatory matters concerning our reports. Thanks, David. Good morning, everybody.

speaker
Michael Lacalce
General Counsel and Secretary

Today's report may include forward-looking statements under the Securities Act 1933 and the Securities Exchange Act of 1934, including those regarding our future performance. Now, 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 at the SEC. You'll find these on our website, gladstonecommercial.com, specifically the investors page, or the SEC's website, which is www.sec.gov. And we undertake 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 done from operations. Now, 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 is 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 everyone 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 GladstoneComps. Today's call is an overview of our results, so we ask that you review our press release and Form 10-Q, both issued yesterday, for more detailed information. Again, we'd like to find them. Now I'll hand the baton over to Gladstone Commercial's President, Buzz Cooper.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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