American Assets Trust, Inc.

Ladies and gentlemen, thank you for standing by, and welcome to the Q3 2019 American Assets Trust, Inc. earnings conference call. At this time, all participants' lines are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 1 on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star then 0. I would now like to hand the conference over to your speaker today, Mr. Adam Weil. Thank you. Please go ahead.

Thank you. Good morning, everyone. Welcome to American Asset Trust's third quarter 2019 earnings call. Yesterday afternoon, our earnings release and supplemental information were filed on a Form 8K with the Securities and Exchange Commission. Both are now available on the Investors section of our website, AmericanAssetsTrust.com. An audio webcast of this call will also be available for replay by phone over the next week, as well as on the Investors section of our website. During this call, we will discuss non-GAAP financial measures, which are reconciled to our GAAP financial results and earnings release and supplemental information. We will also be making forward-looking statements based on our current expectations. These statements are subject to risks and uncertainties discussed in our SEC filings. Your caution not to place undue reliance on these forward-looking statements. Actual events could cause our results to differ materially from these forward-looking statements, which we undertake no duty to update. And with that, I'll turn the call over to Ernest Rady to begin the discussion of our third quarter results. Ernest? Thank you.

Good morning, everyone, and thank you all for joining American Assets Trust's third quarter 2019 earnings call. We are making great progress on all fronts as we continue to focus our efforts on earnings growth combined with growth in net asset value for our shareholders. The company's board of directors has declared a dividend on its common stock of $0.30 per share for the quarterly earnings period ending December 31, 2019, which is a $0.02 per share increase and an approximately 7% increase over the prior quarterly dividend. The dividend will be paid on December 26, 2019 to stockholders of record on December 12, 2019, and we are all delighted to share financially some of the success that we've enjoyed over the last years. I am also pleased to announce that the board is named Adam Weil as our Executive Vice President and Chief Operating Officer. Adam is and has been a valuable member of our management team, and this title better describes the breadth of responsibility he has successfully taken on and will continue to manage since our IPO, as well as the confidence our board has in him. And there is no change in reporting function, and he has been a very important part of our management team. And we appreciate what he's done and look forward to working with him in the future. We are fortunate to have such a great management team and a group of employees at AT, all of whom work together as we continue as a best-in-class real estate investment trust. I'm going to keep my introductory comments short since Bob is going to introduce our 2020 guidance, which will focus on the growth and resilience strength of our high-quality coastal West Coast high barrier to entry portfolio. Again, on behalf of all of us at American Bus, we thank you for your confidence in allowing us to manage your company, and we look forward to your continued support. I will now turn it over to Bob Barton. our Executive Vice President and CF. Okay, Bob, take it from here.