Liberty Property Trust (LRY)
2012 Earnings Guidance Call
December 13, 2011 11:00 a.m. ET
Jeanne Leonard - VP, Corporate Communications
William Hankowsky - Chairman, President and CEO
George Alburger - EVP, CFO and Treasurer
Michael Hagan - SVP, Acquisitions and CIO
Robert Fenza – EVP and COO
Ki Bin Kim - Macquarie Equities
Josh Attie - Citigroup
Michael Bilerman - Citigroup
Brendan Maiorana - Wells Fargo Securities
Sloan Bohlen - Goldman Sachs
John Stewart - Green Street Advisors
Dan Donlan - Janney Montgomery Scott
Good afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Liberty 2012 Earnings Guidance Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions). I would now like to turn the call to Ms. Jeanne Leonard. You may begin your conference.
Thank you, Sarah. And thank you everyone for tuning in today. You are going to hear prepared remarks from Chief Executive Officer, Bill Hankowsky; Chief Financial Officer, George Alburger and Chief Investment Officer, Mike Hagan. And our Chief Operating Officer, Rob Fenza is also here should you have any market or operations questions.
Liberty issued a press release detailing our 2012 guidance this morning. You can access this in the investors section of Liberty’s website. In this document, you will also find a reconciliation of non-GAAP financial measures to GAAP measures.