Colonial Properties Trust (
Q4 2011 Earnings Call
January 26, 2012 2:00 PM ET
Jerry Brewer – EVP, Finance
Tom Lowder – Chairman and CEO
Reynolds Thompson – President and CFO
Paul Earle – COO
Nick Joseph – Citi
Derek Bower – UBS
Alexander Goldfarb – Sandler O’Neill
Michael Salinsky – RBC Capital Markets
Andrew McCulloch – Green Street Advisors
Richard Anderson – BMO Capital Markets
Taylor Schimkat – KBW
Michael Aryan – Sun Life Financial
Ladies and gentlemen, thank you for standing by. Welcome to the Colonial Properties Trust Fourth Quarter 2011 Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. (Operator Instructions) As a reminder, this conference is being recorded Thursday, January 26, 2012.
I would now like to turn the conference over to Jerry Brewer, Executive Vice President of Finance with Colonial Properties Trust. Please go ahead, sir.
Thank you, Lyann, and welcome to everyone joining us today. We released our earnings this morning via Business Wire. A copy of this earnings release may be found on our website. We’re also webcasting this call for your convenience. A replay will be available for your convenience on our website after the call.
Tom Lowder, our Chairman and Chief Executive Officer and Reynolds Thompson, President and Chief Financial Officer will lead today’s call. On the call, they will discuss our business developments, financial results for the fourth quarter and our guidance for 2012. After their comments, we’ll open up the call to take your questions. Paul Earle, our Chief Operating Officer, is also here to field the questions.