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July 30, 2012 11:00 AM ET
Thomas W. Toomey –
President & Chief Executive Officer
Jerry A. Davis - Senior Vice President of Operations
Christopher G. Van Ens- Vice President of Investor Relations
Warren L. Troupe – Senior Executive Vice President
Harry G. Alcock – Senior Vice President, Asset Management
Jana Galan - Bank of America-Merrill Lynch
Karin Ford - KeyBanc Capital Markets
Eric Wolfe – Citigroup
David Bragg - Zelman & Associates
Swaroop Yalla - Morgan Stanley
Paula Poskon - Robert W. Baird
Michael Salinsky - RBC Capital Markets
Robert Stevenson – Macquarie
Alexander Goldfarb - Sandler O'Neill
Richard Anderson - BMO Capital Markets
Jeffrey Donnelly - Wells Fargo Securities
Good day ladies and gentlemen, thank you for standing by. Welcome to UDR's 2Q ‘12 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, Monday, July 30, of 2012.
I would now like to turn the conference over to Mr. Chris Van Ens, Vice President of Investor Relations.
Christopher G. Van Ens
Thank you for joining us for UDR's second quarter financial results conference call. Our second quarter press release and supplemental disclosure package were distributed earlier today and posted to our website, www.udr.com. In the supplement, we have reconciled all non-GAAP financial measures to the most directly comparable GAAP measure in accordance with Reg G requirements.