HCP (HCP) Q4 2011 Earnings Call February 14, 2012 12:00 pm ET Executives John Lu - Vice President of Investment Management James F. Flaherty - Chairman and Chief Executive Officer Timothy M. Schoen - Chief Financial officer and Executive Vice President Paul F. Gallagher - Chief Investment Officer and Executive Vice President Analysts Adam T. Feinstein - Barclays Capital, Research Division Bryan Sekino - Barclays Capital, Research Division Dan Bernstein - Stifel, Nicolaus & Co., Inc., Research Division Paul Morgan - Morgan Stanley, Research Division Jeff Theiler - Green Street Advisors, Inc., Research Division Ross T. Nussbaum - UBS Investment Bank, Research Division Quentin Velleley - Citigroup Inc, Research Division Michael Bilerman - Citigroup Inc, Research Division James Milam - Sandler O'Neill + Partners, L.P., Research Division Richard C. Anderson - BMO Capital Markets U.S. Todd Stender - Wells Fargo Securities, LLC, Research Division Omotayo T. Okusanya - Jefferies & Company, Inc., Research Division Michael W. Mueller - JP Morgan Chase & Co, Research Division Nicholas Yulico - Macquarie Research PresentationOperator
Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2011 HCP Earnings Conference Call. My name is Zenita and I will be your coordinator today. [Operator Instructions] Now I would like to turn the presentation over to your host for today's conference call, John Lu, Senior Vice President. You may go ahead, sir. John Lu Thank you, Zenita. Good afternoon, and good morning. Some of the statements to be made during today’s conference call will contain forward-looking statements, including the statements about our guidance. These statements are made as of today’s date and reflect the company’s good faith, beliefs and best judgment based upon currently available information. The statements are subject to the risks, uncertainties and assumptions that are described from time to time in the company’s press releases and SEC filings.