Gladstone Land Corporation

Greetings and welcome to the Gladstone Land Corporation third quarter earnings conference 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, Mr. David Gladstone, Chief Executive Officer. Please proceed, sir.

quarterly conference call for Gladstone Land. Thank you all for calling in today. We appreciate the time you take to listen to our presentation. Before I begin the presentation, we're going to hear from Michael Lacalce. He's our general counsel and is head of administration. Michael?

Thanks, David. Good morning, everybody. 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 that we believe to be reasonable. 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 Forms 10-Q, 10-K, and other documents that we file with the SEC. You can find them on our website, the Investors page at gladstoneland.com, and on the SEC's website, which is www.sec.gov. Then 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. 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 from property, plus depreciation and amortization of real estate assets. We also discussed core FFO, which we generally define as FFO adjusted for certain non-recurring revenues and expenses, and then adjusted FFO, which further adjusts core FFO for certain non-cash items, such as converting gap rents to normalized cash rents. We believe these are better indications of our operating results and allow better comparability for our period-over-period performance. Once again, please visit our website, gladstoneland.com, and sign up for our email notification service. You can also find us on Facebook. Keyword there is the Gladstone Companies. And on Twitter, that's at Gladstone Comps. Today's call is an overview of our results, so we ask that you review our press release and 10Q, both issued yesterday, for more detailed information. And with that, I'll turn it back to David Gladstone.