Extra Space Storage, Inc. ( EXR) Q3 2010 Earnings Call October 29, 2010 1:00 pm ET Executives Clint Halverson - Senior Director, Corporate Communication & Investor Relations Spencer Kirk - Chairman and CEO Kent Christensen - CFO Karl Haas - COO AnalystsChristy McElroy - UBSMark Metendan - Citi Todd Thompson - KeyBank Capital Markets David Toti - FBR Smedes Rose - KBW Michael Knott - Green Street Advisors Michael Salinsky - RBC Capital Markets Todd Stender - Wells Fargo Paul Adornato - BMO Capital Markets Mike Bilerman - Citi Ross Nussbaum - UBS PresentationOperator
Greetings and welcome to the Extra Space Storage Third Quarter 2010 Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Clint Halverson. Thank you Mr. Halverson, you may begin. Clint Halverson Thank you, Tanya. Welcome to Extra Space Storage’s third quarter 2010 conference call. In addition to our press release we’ve also furnished unaudited supplemental financial information on our website. Please remember that managements’ prepared remarks and answers to your questions contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters which are subject to risks and uncertainties that may cause actual results to differ from those discussed today. Examples of forward-looking statements include those related to Extra Space Storage’s development and acquisition program, revenues and operating income, including FFO and guidance. We encourage all of our listeners to review a more detailed discussion related to these forward-looking statements contained in the Company’s filings with the SEC. Forward-looking statements represent management’s estimates as of today, Friday October 29, 2010.