Gladstone Land Corporation

Greetings. Welcome to Gladstone Land Corporation's third quarter earnings call. At this time, all participants are in a listen-only mode. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce David Gladstone, Chief Executive Officer and President. Thank you, Mr. Gladstone. You may begin.

Well, thank you, Sherry, and that was 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 certainly appreciate you taking time out of your busy day to listen to our presentations. Before I begin, we'll start with Michael LaCalce. He's our general counsel. Michael?

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 the risk factors listed on our Forms 10-K, 10-Q, and other documents that we file with the SEC. You can find them on our website. That's GladstoneLand.com. Specifically, go to the Investors page. you can always go to 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 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. And we may also discuss core FFO, which we generally define as FFO adjusted for certain non-recurring revenues and expenses, as well as 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, that's GladstoneLand.com. Sign up for our email notification service. You can also find us on Facebook. Keyword there is the Gladstone Companies, and on X, formerly known as Twitter, and the handle there is at GladstoneCops. 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 turn it back to David.