Michael O'Hara | Chief Financial Officer |
Louis Haddad | Chief Executive Officer |
Eric Smith | Chief Investment Officer |
David Rodgers | Robert W. Baird |
Jim Lykins | D.A. Davidson |
Rob Stevenson | Janney Montgomery Scott |
Craig Kucera | B. Riley FBR |
John Guinee | Stifel |
Laura Engel | Stonegate Capital Partners |
William Crow | Raymond James |
Welcome to Armada Hoffler's fourth quarter 2017 earnings conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, you will be invited to participate in a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded today Tuesday, February 6, 2018. I will now turn the conference over to Michael O'Hara, Chief Financial Officer at Armada Hoffler.