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February 17, 2012 10:00 am ET
Al Tylis – Co-President, COO and Secretary
David Hamamoto – Chairman and CEO
Dan Gilbert - Co-President and CIO
Debra Hess – CFO
Joshua Barber - Stifel Nicolaus & Company, Inc
Good day ladies and gentlemen, thank you for standing by. Welcome to the NorthStar Realty Finance Fourth Quarter 2011 Results Conference Call. During today’s presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be opened for questions. (Operator Instructions) This conference is being recorded today Friday, February 17, 2012.
I’d now like to turn the conference over to Mr. Al Tylis Co-President and Chief Operating Officer for NorthStar Realty Finance. Please go ahead, sir.
Thank you very much. Welcome to NorthStar’s fourth quarter and full-year 2011 conference call.
Before the call begins, I’d like to remind everyone that certain statements made in the course of this call are not based on historical information and may constitute forward-looking statements. These statements are based on management’s current expectations and beliefs, and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
I refer you to the company’s filings made with the SEC for more detailed discussion of the risks and factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today. The company undertakes no duty to update any forward-looking statements that may be made in the course of this call.