American Campus Communities, Inc. (ACC) Q2 2010 Earnings Conference Call July 28, 2010 11:00 AM ET Executives Gina Cowart – VP, IR Bill Bayless – CEO Greg Dowell – COO William Talbot – SVP, Investments James Wilhelm – EVP, Public-Private Transactions John Graf – EVP and CFO Daniel Perry – SVP, Capital Markets Analysts Alexander Goldfarb – Sandler O’Neill Eric Wolfe (ph) – Citi Dave Brag – ISI Group Karin Ford – Keybanc Michelle Ko – Bank of America Paula Poskon – Robert W. Baird Ross Nussbaum – UBS Andrew McCulloch – Green Street Advisors PresentationOperator
Good day ladies and gentlemen and welcome to the second quarter 2010 American Campus Communities Inc. earnings conference call. At this time all participants are in listen-only mode. (Operators Instructions) I would now like to turn the conference over to your host for today Ms. Gina Cowart, Vice President of Investor Relations. Please proceed. Gina Cowart Good morning and thank you for joining the American Campus Communities 2010 second quarter conference call. The press release is furnished on Form 8-K to provide access to the widest possible audience. In the release the company has reconciled the non-GAAP financial measures to those directly comparable GAAP measures, in accordance with Reg D requirements. If you do not have a copy of the release, it’s available on the company’s website at www.americancampus.com in the Investor Relations section under Press Releases. Also posted on the company website in the Investor Relations section, you will find a supplemental financial package. We are also hosting a live webcast for today’s call which you can access on the website with the replay available for one month.