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TheStreet Open House

Liberty Property Trust's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Liberty Property Trust (LRY)

Q4 2011 Earnings Call

February 7, 2012 1:00 pm ET

Executives

Jeanne A. Leonard – Investor Relations

William P. Hankowsky – Chairman, President & Chief Executive Officer

George J. Alburger, Jr. – Executive Vice President & Chief Financial Officer

Michael T. Hagan – Executive Vice President and Chief Investment Officer

Robert E. Fenza – Executive Vice President & Chief Operating Officer

Analysts

Craig Mailman – KeyBanc Capital Markets

Joshua H. Attie – Citigroup

Alexander Goldfarb – Sandler O'Neill

Ki Bin Kim – Macquarie Research Equities

Brendan Maiorana – Wells Fargo Securities, LLC.

John Guinee – Stifel Nicolaus & Company, Inc.

John Steward – Green Street Advisor

Presentation

Operator

Good afternoon. My name is Melissa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fourth Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. (Operator Instructions)

Thank you. Ms. Jeanne Leonard. You may begin your conference.

Jeanne A. Leonard

Thank you, Melissa, and thank you everyone for tuning in today. You are going to hear prepared remarks from Chief Executive Office, Bill Hankowsky; Chief Financial Officer, George Alburger; Chief Investment Officer, Mike Hagan; and Chief Operating Officer, Rob Fenza.

Liberty issued a press release detailing our fourth quarter results this morning as well as the supplemental financial information package. You can access these in the Investor section of Liberty’s website at www.libertyproperty.com. In both documents, you will find a reconciliation of non-GAAP financial measures we referenced today to GAAP measures.

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