UDR, Inc. (UDR) Q2 2012 Earnings Conference Call July 30, 2012 11:00 AM ET Executives Thomas W. Toomey – President & Chief Executive Officer Jerry A. Davis - Senior Vice President of Operations Christopher G. Van Ens- Vice President of Investor Relations Warren L. Troupe – Senior Executive Vice President Harry G. Alcock – Senior Vice President, Asset Management Analysts Jana Galan - Bank of America-Merrill Lynch Karin Ford - KeyBanc Capital Markets Eric Wolfe – Citigroup David Bragg - Zelman & Associates Swaroop Yalla - Morgan Stanley Paula Poskon - Robert W. Baird Michael Salinsky - RBC Capital Markets Robert Stevenson – Macquarie Alexander Goldfarb - Sandler O'Neill Richard Anderson - BMO Capital Markets Jeffrey Donnelly - Wells Fargo Securities PresentationOperator
Good day ladies and gentlemen, thank you for standing by. Welcome to UDR's 2Q ‘12 Conference Call. During today's presentation, all parties will be in a listen-only-mode. Following the presentation, the conference will be opened for questions. (Operator instructions). This conference is being recorded today, Monday, July 30, of 2012. I would now like to turn the conference over to Mr. Chris Van Ens, Vice President of Investor Relations. Christopher G. Van Ens Thank you for joining us for UDR's second quarter financial results conference call. Our second quarter press release and supplemental disclosure package were distributed earlier today and posted to our website, www.udr.com. In the supplement, we have reconciled all non-GAAP financial measures to the most directly comparable GAAP measure in accordance with Reg G requirements.