Tanger Factory Outlet Centers Inc. (SKT) Q2 2010 Earnings Call July 28, 2010; 10:00 am ET Executives Steven Tanger - President & Chief Executive Officer Frank Marchisello - Executive Vice President & Chief Financial Officer Mona Walsh - Assistant Vice President of Corporate Communications Analysts Quinton Falelli - Citibank Todd Thomas - KeyBanc Capital Markets Lindsay Schroll - Bank of America/Merrill Lynch Steve Sakwa - ISI Group Carol Campbell - Hilliard Lyons Ben Yang - Keefe, Bruyette & Woods Ltd. Dabid Leibowitz - Horizon Asset Management Wes Golladay - RBC Capital Markets Sarah King - JP Morgan PresentationOperator Good morning and welcome to the Tanger Factory Outlet Centers’ second quarter 2010 conference call. I will now turn the call over to Ms. Mona Walsh, Assistant Vice President of Corporate Communications. Mona Walsh
Thank you Amanda. Good morning and welcome to the Tanger Factory Outlet Centers’ second quarter 2010 conference call. On the call today will be Steven Tanger, President and Chief Executive Officer; and Frank Marchisello, Executive Vice President and Chief Financial Officer. Please note that during this call some of management's comments will be forward-looking statements regarding the company's property, operations, leasing, tenant sales trends, development, acquisition, expansion and disposition activities, as well as their comments regarding the company's funds from operations, funds available for distribution and dividends. These forward-looking statements are subject to numerous risks and uncertainties. Actual results could differ materially from those projected due to factors including, but not limited to changes in economic and real estate conditions, the availability and cost of capital, the company's ongoing ability to lease, develop and acquire properties, as well as potential tenant bankruptcies and competition. We direct you to the company's filings with the Securities and Exchange Commission for a detailed discussion of the risks and uncertainties.