Arbor Realty Trust, Inc. (ABR) Q4 2010 Earnings Call March 4, 2011 10:00 AM ET Executives Paul Elenio – CFO Ivan Kaufman – CEO Analysts Lee Cooperman – Omega Advisors Eric Berkley – Barclays Capital PresentationOperator
Good day ladies and gentlemen, and welcome to the Fourth Quarter 2010 Arbor Realty Trust Earnings Conference call. My name is Veronica and I will be your coordinator for today. At this time, all participants are in listen-only mode. We will be conducting a question-and-answer session towards the end of today’s conference. (Operator Instructions) I would now like to turn the conference over to your host for today’s call, Mr. Paul Elenio, Chief Financial Officer. Please proceed. Paul Elenio Okay. Thank you, Veronica, and good morning everyone, and welcome to the quarterly earnings call for Arbor Realty Trust. This morning, we will discuss the results for the quarter and year ended December 31, 2010. With me on the call today is Ivan Kaufman, our President and Chief Executive Officer. Before we begin, I need to inform you that statements made in this earnings call may be deemed forward-looking statements that are subject to risks and uncertainties including information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. These statements are based on our beliefs, assumptions and expectations of our future performance, taking into account the information currently available to us. Factors that could cause actual results to differ materially from Arbor’s expectations in these forward-looking statements are detailed in our SEC reports. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today. Arbor undertakes no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances as of today, or the occurrences of unanticipated events.