Gladstone Commercial Corporation (GOOD) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

As a reminder, this conference is being recorded. It is now my pleasure to introduce Mr. David Gladstone, Chief Executive Officer. Thank you, sir. You may begin. Well, thank you, LaTanya. That was a nice introduction, and thank all of you for calling in and listening to our pitch. We enjoy this time that we get with you, and we're on the phone, and I wish we had more time to talk to you, but I only do this once a quarter. And now we'll hear from Michael LaCousie. He's our General Counsel and Secretary-General to give the legal and regulatory matters concerning this report. Michael, go ahead. Thanks, David. Good morning, everybody. Today's report may include forward-looking statements on the Securities Act of 1933 and the Securities Exchange Act of 1934, including those regarding future performance. These forward-looking statements involve certain risks and uncertainties that are based on our current plans, which we believe to be reasonable. Many factors may cause our actual results to be materially different from any future results expressed or implied by these forward-looking statements, including all the risk factors in our Forms 10-Q, 10-K, and other documents that we filed with the SEC. These can be found on our website, which is GladstoneCommercial.com, specifically look on the Investors page, or on the SEC's website, which is www.sec.gov. And we undertake no obligation to publicly update or revise any of these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. And today we will discuss FFO, which is funds from operations. Now, FFO is a non-GAAP accounting term defined as net income, excluding the gains or losses from the sale of real estate and any impairment losses on property, plus depre...