Paul Elenio | Chief Financial Officer |
Ivan Kaufman | President, Chief Executive Officer |
Steve DeLaney | JMP Securities |
Ryan Tomasello | KBW |
Henry Coffey | Wedbush |
Ladies and gentlemen, thank you for standing by and welcome to the fourth quarter 2019 Arbor Realty Trust earnings conference call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session [Operator Instructions]. Please be advised that today's conference is being recorded [Operator Instructions].
Now, it's my pleasure to turn the call over, the conference over to your Chief Financial Officer, Paul Elenio.