Apartment Investment & Management (AIV)
Q4 2011 Earnings Call
February 08, 2012 1:00 pm ET
Lisa R. Cohn - Executive Vice President, General Counsel and Secretary
Terry Considine - Founder, Executive Chairman, and Chief Executive Officer
Keith Kimmel - Executive Vice President of Property Operations
Ernest M. Freedman - Chief Financial Officer and Executive Vice President
John Bezzant - Executive Vice President of Transactions
Daniel S. Matula - Executive Vice President of Redevelopment and Construction Services
Eric Wolfe - Citigroup Inc, Research Division
Karin A. Ford - KeyBanc Capital Markets Inc., Research Division
Richard C. Anderson - BMO Capital Markets U.S.
Swaroop Yalla - Morgan Stanley, Research Division
David Bragg - Zelman & Associates, Research Division
Jana Galan - BofA Merrill Lynch, Research Division
Robert Stevenson - Macquarie Research
Michael J. Salinsky - RBC Capital Markets, LLC, Research Division
Buck Horne - Raymond James & Associates, Inc., Research Division
Michael Bilerman - Citigroup Inc, Research Division
Andrew McCulloch - Green Street Advisors, Inc., Research Division
Good afternoon, and welcome to the Fourth Quarter 2011 Apartment Investment & Management Company Earnings Conference Call. [Operator Instructions] Please also note that today's event is being recorded. I would now like to turn the conference call over to your presenter, Ms. Lisa Cohn, Executive Vice President and General Counsel. Ms. Cohn, please go ahead.
Lisa R. Cohn
Thank you, Jamie. Good day. During this conference call, the forward-looking statements we make are based on management's judgments, including projections related to 2012 results. These statements are subject to certain risks and uncertainties, a description of which can be found in our SEC filings. Actual results may differ materially from what may be discussed today. Also we will discuss certain non-GAAP financial measures such as funds from operations. These are defined and are reconciled to the most comparable GAAP measures in the supplemental information that is part of the full earnings release published on Aimco's website.