FRP Holdings, Inc. (FRPH) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.214 everyone and welcome to today's FRP 00:00:03.214 -- 00:00:06.057 Holdings Inc 2025 3Q 00:00:06.057 -- 00:00:11.142 earnings call. At this time all participants are in a listen only mode. 00:00:11.142 -- 00:00:16.267 Later you will have the opportunity to ask questions during the question and answer session. 00:00:16.267 -- 00:00:21.972 You may register to ask a question at any time by pressing star 1 on your telephone keypad. 00:00:21.972 -- 00:00:26.396 Please note this call is being recorded. I will be standing by if you should need any 00:00:26.396 -- 00:00:27.824 assistance. 00:00:27.824 -- 00:00:32.190 It is now my pleasure to turn the conference over to Matt McNulty, Chief Financial Officer 00:00:32.190 -- 00:00:36.033 of FRP. Please go ahead. 00:00:36.697 -- 00:00:40.242 Thank you. Good morning, and thank you for joining us on the call today. 00:00:40.242 -- 00:00:45.269 I am Matt McNulty, Chief Financial Officer of FRP Holdings, Inc., and with me today 00:00:45.269 -- 00:00:50.537 are John Baker III, our CEO, John Baker II, our Chairman, David 00:00:50.537 -- 00:00:54.983 DeVilliers III, our President and Chief Operating Officer, David Devillier, Jr., our 00:00:54.983 -- 00:01:00.010 vice chairman, John Milton, our executive vice president, Mark Levy, who will serve as 00:01:00.010 -- 00:01:04.856 our new chief investment officer, and John Klopfenstein, our chief accounting officer. 00:01:04.856 -- 00:01:09.082 Mark Levy came to us through our recent acquisition of Altman Logistics Properties, where 00:01:09.082 -- 00:01:11.525 he served as its president. 00:01:11.525 -- 00:01:15.271 First, let me run you through a brief disclosure regarding forward-looking statements 00:01:15.271 -- 00:01:17.794 and non-GAAP measurements u...