Ventas, Inc. (VTR) Q2 2010 Earnings Conference Call July 29, 2010 09:00 am ET Executives David Smith - IR Debra Cafaro - Chairman, President and CEO Ray Lewis - EVP and CIO Rick Schweinhart - EVP and CFO Analysts Michael Bilerman - Citi Jeff Spector - Bank of America/Merrill Lynch Jerry Doctrow - Stifel Nicolaus Karin Ford - Keybanc Ross Nussbaum - UBS Todd Stender - Wells Fargo Securities Rob Mains - Morgan Keegan Tayo Okusanya - Jefferies and Company PresentationOperator
Good day, ladies and gentlemen and welcome to the Ventas Second Quarter Earnings Conference Call. My name is Tom and I will be your coordinator for today. At this time all participants are in listen-only mode. We will be facilitating a question-and-answer session towards the end of this conference. (Operator Instructions) As a reminder this conference is being recorded for replay purposes. I would now like to turn the presentation over to David Smith. Please proceed. David Smith Good morning and welcome to the Ventas conference call to review the company's announcement today regarding its results for the quarter ended June 30, 2010. As we start, let me express that all projections and predictions and certain other statements to be made during this conference call maybe considered forward looking statements within the meaning of the Federal Securities laws. These projections, predictions and statements are based on management's current beliefs as well as on a number of assumptions concerning future events. The forward looking statements are subject to many risks, uncertainties and contingencies to stockholders and others should recognize that actual results may differ materially from the company's expectations and whether expressed or implied. We refer you to the company's reports filed with the Securities and Exchange Commission including the company's Annual Report on Form 10-K for the year-ended December 31, 2009, and the company's other reports filed periodically with the SEC for a discussion of these forward looking statements and other factors that could affect these forward looking statements.