Agree Realty Corporation (ADC) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.016 Good morning and welcome to the Agri Realty fourth quarter 2025 conference call. 00:00:05.016 -- 00:00:07.820 All participants will be in listen-only mode. 00:00:07.820 -- 00:00:11.764 Should you need assistance, please signal conference specialists by pressing the star 00:00:11.764 -- 00:00:16.849 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:16.849 -- 00:00:22.316 questions. To ask a question, you may press star then one on your touchtone phone. 00:00:22.316 -- 00:00:26.520 To withdraw your question, please press star one a second time. 00:00:26.520 -- 00:00:29.478 Please limit yourself to two questions during this call. 00:00:29.478 -- 00:00:34.203 Note, this event is being recorded. I would now like to turn the conference over to Ruben 00:00:34.203 -- 00:00:37.087 Treatman, Senior Director of Corporate Finance. 00:00:37.087 -- 00:00:39.707 Please go ahead, Ruben. 00:00:40.070 -- 00:00:44.696 Thank you. Good morning, everyone, and thank you for joining us for AgriRealty's fourth 00:00:44.696 -- 00:00:49.701 quarter 2025 earnings call. Before turning the call over to Joey and Peter to 00:00:49.701 -- 00:00:54.146 discuss our results for the quarter, let me first run through the cautionary language. 00:00:54.146 -- 00:00:58.071 Please note that during this call, we'll make certain statements that may be considered 00:00:58.071 -- 00:01:03.146 forward-looking under federal securities law, including statements related to our 2026 00:01:03.146 -- 00:01:08.253 guidance. Our actual results may differ significantly from the matters discussed in 00:01:08.253 -- 00:01:11.578 any forward-looking statements for a number of reasons. 00:01:11.578 -- 00:01:16.645 Please see yesterday's earnings rel...