Good day, ladies and gentlemen, and welcome to the Q2 2012 Earnings Conference Call. (Operator instructions) As a reminder, this conference call is being recorded. I would like to now turn the conference over to Mr. Hoyer. Mr. Hoyer, you may begin. Thomas Hoyer Thank you. Hello, everyone, and welcome to The St. Joe earnings call for the period ending June 30, 2012. My name is Tom Hoyer, I'm the Chief Financial Officer at St. Joe and I'll be the sole representative from the company conducting the call today. Some of the information we will discuss in this call is forward looking. This information includes statements that are preceded by or include the words believe, expect, intend, anticipate, will, may, could, or similar expressions. These forward-looking statements may be affected by the risks and certainties in our business and actual results may differ materially from the forward-looking statements. Everything we say here today is qualified in its entirety by cautionary statements and risk factors set forth in this afternoon's press release and our SEC filings, including our annual report on Form 10-K filed with the SEC on February 27, 2012, which the documents are publicly available. Our statements are as of today, August 2, 2012, and we have no obligation to update the forward-looking statements that we may make.