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Daniel B. Hurwitz - Chief Executive Officer, President, Member of Board of Directors, Chairman of Dividend Declaration Committee, Chairman of Pricing Committee, Chairman of Other Committee, Member of Executive Committee, Member of Management Committee and Member of Investment Committee
Paul W. Freddo - Senior Executive Vice President of Leasing & Development
David John Oakes - Chief Financial Officer and Senior Executive Vice President
Paul Morgan - Morgan Stanley, Research Division
Alexander David Goldfarb - Sandler O'Neill + Partners, L.P., Research Division
Vincent Chao - Deutsche Bank AG, Research Division
Cedrik Lachance - Green Street Advisors, Inc., Research Division
Thomas C. Truxillo - BofA Merrill Lynch, Research Division
Craig R. Schmidt - BofA Merrill Lynch, Research Division
Quentin Velleley - Citigroup Inc, Research Division
Jeffrey J. Donnelly - Wells Fargo Securities, LLC, Research Division
Richard C. Moore - RBC Capital Markets, LLC, Research Division
Steve Sakwa - ISI Group Inc., Research Division
Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 DDR Earnings Conference Call. My name is Chanel, and I'll be your operator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.
I would now like to turn the conference over to Samir Khanal, Senior Director of Investor Relations. Please proceed.
Good morning, and thank you for joining us. On today's call, you will hear from President and CEO Dan Hurwitz; Senior Executive Vice President of Leasing and Development, Paul Freddo; and Chief Financial Officer, David Oakes. Please be aware that certain of our statements today may be forward-looking. Although we believe such statements are based upon reasonable assumptions, you should understand that those statements are subject to risks and uncertainties, and actual results may differ materially from the forward-looking statements. Additional information about such factors and uncertainties that could cause actual results to differ may be found in the press release issued yesterday and filed with the SEC on Form 8-K and in our Form 10-K for the year ended December 31, 2011 and filed with the SEC.