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Resource Capital Corp., Q2 2010 Earnings Call Transcript

Resource Capital Corp., (RSO)

Q2 2010 Earnings Call

August 3, 2010 8:30 a.m. ET


Jonathan Cohen – Chief Executive Officer, President, Director, and Chairman of Investment Committee

David Bryant – Chief Financial Officer, Chief Accounting Officer, Sr. Vice President, and Treasurer

David Bloom – Sr. Vice President of Real Estate Investments

Purvi Kamdar – Director of Investor Relations


Gabriel Poggi – FBR Capital Markets



Good day, ladies and gentlemen, and welcome to the Q2 2010 Resource Cap Corp. earnings conference call. My name is Michelle and I will be your operator for today. (Operator instructions.) As a reminder, this conference is being recorded for replay purposes.

I will now turn the presentation over to your host for today’s conference, Mr. Jonathan Cohen, President and CEO of Resource Capital Corp. Please proceed.

Jonathan Cohen

Thank you for joining the Resource Capital Corp conference call for the Q2 of 2010. I am Jonathan Cohen, President and CEO of Resource Capital Corp. Before I begin I would like to ask Purvi Kamdar, our Director of Investor Relations, to read the safe harbor statement.

Purvi Kamdar

Thank you, Jonathan. When used in this conference call, the words “believe,” “anticipate,” “expect,” and similar expressions are intended to identify forward looking statements. Although the company believes that these forward looking statements are based on reasonable assumptions, such statements are subject to certain risks and uncertainties, which can cause actual results to differ materially from those contained in the forward-looking statements.

These risks and uncertainties are discussed in the company’s reports filed with the SEC, including its reports on forms 8K, 10Q, and 10K, and in particular item #1 on the Form 10K report under the title “Risk Factors.” Investors are cautioned not to place undue reliance on these forward looking statements, which speak only of the date hereof. The company undertakes no obligations to update any of these forward-looking statements.

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