Ryan Dennison | SVP of Capital Markets & IR |
Bill Bayless | CEO |
Jim Hopke | President |
William Talbot | CIO |
Daniel Perry | CFO |
Jamie Wilhelm | EVP, Public-Private Partnerships |
Nick Joseph | Citi |
Juan Sanabria | Bank of America Merrill Lynch |
David Corak | B.Riley FBR |
Austin Wurschmidt | KeyBanc Capital Markets |
Drew Babin | Robert W. Baird |
Alexander Goldfarb | Sandler O'Neill |
Good morning, and welcome to the American Campus Communities 2017 Fourth Quarter Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. At this time, I'd like to turn the conference over to Ryan Dennison. Please go ahead.
Thank you.