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11/7/2023
Greetings and welcome to the Gladstone Commercial Corporation third 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 the 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.
Well, thank you so much for that nice introduction, and thanks to all of you for calling in. We enjoy this time we have with you on the phone and wish I had more time to talk with you. Now, we'll first hear from Michael LaCousy. He's our general counsel and secretary and gives us good legal and regulatory information. So, Michael, go ahead.
Thanks, David. Good morning, everybody. Today's report may include forward-looking statements on 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. The 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 There are forms 10Q, 10K, and other documents we file with the SEC. You can find those on the investor's page of our website, gladstonecommercial.com, or on 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'll discuss FFO, which is funds from operations, It 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 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 go to our website, once again, gladstonecommercial.com. Sign up for our email notification service. You can also find us on Facebook, keyword the Gladstone Companies, and Twitter, and that's at Gladstone Comms. 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. With that, I'll hand it over to Gladstone Commercials President, Buzz Cooper.
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