American Assets Trust, Inc.

Ladies and gentlemen, thank you for standing by, and welcome to the fourth quarter and year-end 2019 American Assets Trust, Inc. Earnings Conference Call. At this time, all participant 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 then 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, Adam Weil, EVP, COO. Please go ahead.

Thank you, Operator. Good morning, everyone. Welcome to American Assets Trust's fourth quarter and year-end 2019 earnings call. Yesterday afternoon, our earnings release and supplemental information were furnished to the Securities and Exchange Commission on Form 8K. Both are now available on the Investors section of our website, AmericanAssetsTrust.com. A telephonic replay and on-demand webcast will also be available for this call over the next week. During this call, we will discuss non-GAAP financial measures which are reconciled to our GAAP financial results and our 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 filing. 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 if we undertake no duty to update. And with that, I'll turn the call over to Ernest Rady, our chairman and CEO, to begin the discussion on our fourth quarter and year-end 2019 results. Ernest?

Thanks, Adam, and good morning, everybody, and thanks for joining us. As I look back at the past several years and reflect on our financial and operational successes, and in particular, Our performance has ranked us among the best in class in REITs. I take comfort knowing that maintaining our discipline strategy was instrumental in our creating shareholder wealth. And I've asked Adam Weil, who's been with us 15 years and has done a great job and is our recently appointed and well-qualified Chief Operating Officer, to provide the four primary elements that have been driving to our discipline strategy. I believe that Adam, together with Bob and our top-notch management team, have been crucial to our execution of this strategy. I'll turn the call back over to Adam now, and I'll certainly be available for question and answer at the end of our prepared remarks. Adam, please.