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Colonial Properties Trust's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Colonial Properties Trust (CLP)

Q2 2012 Earnings Call

July 26, 2012 2:00 PM ET


Jerry Brewer – IR

Tom Lowder – Chairman and CEO

Reynolds Thompson – President and CFO


Jana Galan – Bank of America/Merrill Lynch

Derek Bower – UBS

Rich Anderson – BMO Capital

Eric Wolfe – Citi

Andy McCulloch – Green Street Advisors



Ladies and gentlemen, thank you for standing by. Welcome to the Colonial Properties Trust Second Quarter 2012 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, July 26, 2012.

I would now like to turn the conference over to Jerry Brewer, Executive Vice President-Finance with Colonial Properties Trust. Please go ahead, sir.

Jerry Brewer

Thank you, 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.

Let me remind you that much of the information we discuss on this call, including answers we give in response to your questions, may include forward-looking statements regarding our beliefs and current expectations with respect to various matters. These estimates are based on a number of assumptions, any of which, unrealized, could adversely affect their accuracy. Please see our latest SEC filings for the detail of explanation of risk. Any non-GAAP financial measures we discuss are reconciled to the closest GAAP measures in filings that can be found on our website.

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