Colonial Properties Trust's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Colonial Properties Trust ( CLP)

Q4 2011 Earnings Call

January 26, 2012 2:00 PM ET


Jerry Brewer – EVP, Finance

Tom Lowder – Chairman and CEO

Reynolds Thompson – President and CFO

Paul Earle – COO


Nick Joseph – Citi

Derek Bower – UBS

Alexander Goldfarb – Sandler O’Neill

Michael Salinsky – RBC Capital Markets

Andrew McCulloch – Green Street Advisors

Richard Anderson – BMO Capital Markets

Taylor Schimkat – KBW

Michael Aryan – Sun Life Financial



Ladies and gentlemen, thank you for standing by. Welcome to the Colonial Properties Trust Fourth Quarter 2011 Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. (Operator Instructions) As a reminder, this conference is being recorded Thursday, January 26, 2012.

I would now like to turn the conference over to Jerry Brewer, Executive Vice President of Finance with Colonial Properties Trust. Please go ahead, sir.

Jerry Brewer

Thank you, Lyann, and welcome to everyone joining us today. We released our earnings this morning via Business Wire. A copy of this earnings release may be found on our website. We’re also webcasting this call for your convenience. A replay will be available for your convenience on our website after the call.

Tom Lowder, our Chairman and Chief Executive Officer and Reynolds Thompson, President and Chief Financial Officer will lead today’s call. On the call, they will discuss our business developments, financial results for the fourth quarter and our guidance for 2012. After their comments, we’ll open up the call to take your questions. Paul Earle, our Chief Operating Officer, is also here to field the questions.

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