Lawrence Cohen | Vice Chairman & CEO |
Brett Lee | EVP & COO |
Carey Hendrickson | CFO & Senior VP |
Chad Vanacore | Stifel, Nicolaus & Company |
Joanna Gajuk | Bank of America Merrill Lynch |
Brian Hollenden | Sidoti & Company |
Dana Hambly | Stephens Inc. |
Good day, and welcome to the Capital Senior Living Fourth Quarter 2017 Earnings Release Conference Call. Today's conference is being recorded. The forward-looking statements in this release are subject to certain risks and uncertainties that could cause results to differ materially, including, but not without limitation to, the company's ability to find suitable acquisition properties at favorable terms; financing; licensing; business conditions; risk of downturns in economic conditions, generally; satisfaction of closing conditions, such as those pertaining to licensure; availability of insurance at commercially reasonable rates; and changes in accounting principles and interpretations, among others; and other risks and factors identified from time to time in our reports filed with the Securities and Exchange Commission. At this time I'd like to turn the call over to Mr. Larry Cohen.