Farmland Partners Inc. (FPI) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.053 Ladies and gentlemen, thank you for standing by. 00:00:02.053 -- 00:00:07.259 Hello and welcome to FarmLine Partners Incorporated fourth quarter 00:00:07.259 -- 00:00:09.922 and fiscal year 2025 earnings 00:00:09.922 -- 00:00:15.369 conference call. All lines have been placed on you to prevent any background noise. 00:00:15.369 -- 00:00:20.635 Thank you. I would now like to turn the conference over to our president and CEO, 00:00:20.635 -- 00:00:24.157 Luca Fabri. Please go ahead. 00:00:24.279 -- 00:00:28.043 Thank you, Dustin. Good morning, everybody, and welcome to Farmland Partners' fourth 00:00:28.043 -- 00:00:31.671 quarter and full year 2025 earnings conference call and webcast. 00:00:31.671 -- 00:00:35.518 We truly appreciate your taking the time to join us for these calls because we see them 00:00:35.518 -- 00:00:39.486 as a very important opportunity to share with you our thinking and our strategy in a 00:00:39.486 -- 00:00:43.602 format less formal and more interactive than public filings and press releases. 00:00:43.602 -- 00:00:47.846 I will now turn over the call to our general counsel, Christine Garrison, for some customary 00:00:47.846 -- 00:00:49.968 preliminary remarks. Christine? 00:00:49.968 -- 00:00:52.571 Thank you, Luca, and thank you to everyone on the call. 00:00:52.571 -- 00:00:56.375 The press release announcing our fourth quarter earnings was distributed after market 00:00:56.375 -- 00:01:00.399 closed yesterday. The supplemental package has been posted to the investor relations 00:01:00.399 -- 00:01:03.982 section of our website under the subheader events and presentations. 00:01:03.982 -- 00:01:07.406 For those who listened to the recording of this presentation, we remind you that the 00:01:07.406 -- 00...