Public Storage (PSA) Q2 2012 Earnings Call August 03, 2012 1:00 pm ET Executives Clemente Teng - Vice President of Investor Services Edward John Reyes - Chief Financial Officer, Principal Accounting Officer and Senior Vice President Ronald L. Havner - Chairman, Chief Executive Officer and President Analysts Christy McElroy - UBS Investment Bank, Research Division Michael Bilerman - Citigroup Inc, Research Division Todd M. Thomas - KeyBanc Capital Markets Inc., Research Division Michael Knott - Green Street Advisors, Inc., Research Division Gaurav Mehta - Cantor Fitzgerald & Co., Research Division Michael W. Mueller - JP Morgan Chase & Co, Research Division Neil Malkin - RBC Capital Markets, LLC, Research Division Todd Stender - Wells Fargo Securities, LLC, Research Division Paula J. Poskon - Robert W. Baird & Co. Incorporated, Research Division David Harris - Imperial Capital, LLC, Research Division Jordan Sadler - KeyBanc Capital Markets Inc., Research Division Ross T. Nussbaum - UBS Investment Bank, Research Division PresentationOperator
Good afternoon. My name is Maria, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Public Storage Second Quarter 2012 Earnings Conference Call. [Operator Instructions] After the speakers' remarks, there will be a question-and-answer session. Thank you. I would now like to turn the call over to Mr. Clem Teng to begin. Please go ahead, sir. Clemente Teng Good morning, and thank you for joining us for our second quarter earnings call. Here with me today are Ron Havner and John Reyes. All statements other than statements of historical facts included in this conference call are forward-looking statements, subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected in these statements. These risks and other factors that could adversely affect our business and future results are described in today's earnings press release and in our reports filed with the SEC.