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February 9, 2012 09:30 a.m. ET
Scott F. Schaeffer – CEO
Jack E. Salmon – CFO & Treasurer
Andres Viroslav – Director of Corporate Communications
Gabe Poggi – FBR
Amy DeBone – Compass Point Research & Trading
Brian Gonick – Senvest
Good day ladies and gentlemen and welcome to the Fourth Quarter 2011 RAIT Financial Trust Earnings Conference Call. My name is Jasmine and I will be your coordinator for today. At this time, all participants are in a listen-only mode. We will be facilitating a question-and-answer session towards the end of today’s conference. (Operator Instructions) As reminder, this conference is being recorded for replay purposes.
I would now like to turn the presentation over to your host for today’s conference to Mr. Andres Viroslav, Director of Corporate Communications, you may proceed.
Thank you, Jasmine and good morning to everyone. Thank you for joining us today to review RAIT Financial Trust’s fourth quarter and fiscal 2011 financial results. On the call with me today are Scott Schaeffer, Chief Executive Officer; and Jack Salmon, RAIT’s Chief Financial Officer.
This morning’s call is being webcast on our website at www.raitft.com. There will be a replay of the call available via webcast on our website and telephonically beginning at approximately 11:30 AM Eastern Time today. The dial-in for the replay is 888-286-8010, with a confirmation code of 88426369.