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Senior Housing's COO Discusses Q3 2011 - Earnings Call Transcript

Senior Housing Properties Trust (SNH)

Q3 2011 Earnings Call

October 27, 2011 1:00 pm ET

Executives

Timothy A. Bonang – Vice President Investor Relations

David J. Hegarty – President & Chief Operating Officer

Richard A. Doyle, Jr. – Chief Financial Officer & Treasurer

Analysts

Jana Galen – Bank of America Merrill Lynch

Todd Stender – Wells Fargo Securities

Jerry Doctrow – Stifel Nicolaus

[Jarrell Golotti] – Morgan Stanley

Frank Morgan – RBC Capital Markets

Presentation

Operator

Welcome to the Senior Housing Properties Trust third quarter 2011 financial results conference call. This call is being recorded. At this time for opening remarks and introductions, I would like to turn the call over to the Vice President of Investor Relations, Mr. Tim Bonang.

Timothy A. Bonang

Joining on today’s call are David Hegarty, President and Chief Operating Officer and Rick Doyle, Chief Financial Officer. Today’s call includes a presentation by management followed by a question and answer session. I would also note that the recording and retransmission of today’s conference call is strictly prohibited without prior written consent of Senior Housing.


Before we begin today’s call I would like to state that today’s conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based on Senior Housing’s present beliefs and expectations as of today, October 27, 2011. The company undertakes no obligation to revise or publically release the results of any revisions to the forward-looking statements made in today’s conference call other through filings with the Securities & Exchange Commission or SEC regarding this reporting period.

In addition, this call may contain non-GAAP numbers including funds from operations or FFO. A reconciliation of FFO to net income and the components to calculate AFFO, CAD, or FAD are available in our supplemental operating and financial data package found on our website at www.SNHReit.com. Actual results may differ materially from those projected in any forward-looking statements.

Additional information concerning factors that could cause those differences is contained in our Form 10Q to be filed with the SEC. Investors are cautioned not to place undue reliance on any forward-looking statements. Now, I’d like to turn the call over to Dave Hegarty.

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