Gladstone Commercial Corporation

Greetings and welcome to the Gladstone Commercial Corporation second 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. Thank you, Mr. Gladstone. You may begin.

Well, thank you for that nice introduction, and thanks to all of you for calling in. We enjoy this time together with you guys and the analysts that call in. We have a good time on these shows and would like to have a lot of good questions this time. Now we'll hear from Michael Lacalce, our general counsel, and he's also secretary, to give a few legal regulatory matters concerned for this call. Michael?

Thanks, and good morning, everybody. Today's report may include forward-looking statements under the Securities Act of 1933 and Securities Exchange Act of 1934, including those regarding our future performance. 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 the risk factors in our 10 Qs and 10 Ks that we filed with the SEC. You can find them on our website, specifically the investors page, that's at gladstonecommercial.com, or on the SEC's website, which is www.sec.gov. Now, 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. And today, we'll 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 is generally FFO adjusted for certain other non-recurring revenues 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 visit our website. Once again, that's gladstonecommercial.com. Sign up for our email notification service. You can also find us on Facebook. Keyword there is the Gladstone Companies, and on Twitter, at Gladstone Comps. Today's call is simply an overview of our results, so we ask that you review our press release and Form 10Q, both issued yesterday, for more detailed information. Now I'll hand it over to Gladstone Commercial's President, Buzz Cooper. Buzz?