Andrew Johns | HCP, Inc. |
Thomas M. Herzog | HCP, Inc. |
Peter A. Scott | HCP, Inc. |
Scott M. Brinker | HCP, Inc. |
Jonathan Hughes | Raymond James & Associates, Inc. |
Juan C. Sanabria | Bank of America Merrill Lynch |
Michael Bilerman | Citigroup Global Markets, Inc. (Broker) |
Jordan Sadler | KeyBanc Capital Markets, Inc. |
Richard Anderson | Mizuho Securities USA LLC |
Michael W. Mueller | JPMorgan Securities LLC |
Vikram Malhotra | Morgan Stanley & Co. LLC |
Sheila McGrath | Evercore Group LLC |
Chad Christopher Vanacore | Stifel, Nicolaus & Co., Inc. |
Omotayo Tejumade Okusanya | Jefferies LLC |
Drew T. Babin | Robert W. Baird & Co., Inc. |
Good morning and welcome to the HCP Incorporated First Quarter 2018 Financial Results Conference Call. All participants will be in a listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Andrew Johns, Vice President of Finance and Investor Relations.