Jeff Norman | Vice President-Investor Relations |
Joseph Margolis | Chief Executive Officer |
Scott Stubbs | Executive Vice President & Chief Financial Officer |
Jonathan Hughes | Raymond James |
Wes Golladay | RBC Capital Markets |
Jeremy Metz | BMO Capital Markets |
Todd Stender | Wells Fargo Securities |
Ki Bin Kim | SunTrust Robinson Humphrey Inc |
Robert Simone | Evercore Group LLC |
Smedes Rose | Citigroup |
Todd Thomas | KeyBanc Capital Markets Inc. |
Vikram Malhotra | Morgan Stanley |
Trent Trujillo | UBS |
George Hoglund | Jefferies |
Good day, ladies and gentlemen, and welcome to the Extra Space Storage Inc. Fourth Quarter 2017 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions] As a reminder, this conference call is being recorded.