Gladstone Land Corporation

Anyone should require operator assistance during this morning's conference, please press star zero from your telephone keypad. Please note this conference is being recorded. At this time, I'll now turn the conference over to Mr. David Gladstone, Chief Executive Officer and President. Mr. Gladstone, you may begin.

Thank you, Rob. That's a nice introduction. This is David Gladstone, and welcome to the quarterly conference call for Gladstone Land. Thank you all for calling in today. We seriously appreciate all the time you take to listen to our presentations and hope we can give you some really good news this time. Before I begin, though, we have to start with Michael Lacalce. He's our general counsel. So, Michael, take it away.

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. Now, these forward-looking statements involves 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 future results expressed or implied by these forward-looking statements, including all the risk factors in our Forms 10-K, 10-Q, and other documents we filed with the SEC. You can find them on our website, which is www.gladstoneland.com, specifically the Investors page. 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. 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 from property, plus depreciation and amortization of real estate assets. We may also discuss core FFO, which we generally define as FFO adjusted for certain non-recurring revenues and expenses, also adjusted FFO, which further adjusts core FFO for certain non-cash items, such as converting gap rents to normalized cash rents. And we believe these are better indications of our operating results and allow better comparability of our period over period performance. Please visit our website, once again, GladstoneLand.com. Sign up for our email notification service. You can also find us on Facebook. Keyword there is the Gladstone Companies, and on Twitter, we're at GladstoneComps. Today's call is an overview of our results, so we ask that you review our press release, Inform 10K, both issued yesterday, for more detailed information. Now, with that, I'll turn it back to David Gladstone.