Kathy MacDonald | SVP of IR |
Cindy Baier | President, CEO & Director |
Steve Swain | Executive VP & CFO |
Josh Raskin | Nephron |
Steven Valiquette | Barclays |
Frank Morgan | RBC Capital Markets |
Joanna Gajuk | Bank of America |
Brian Tanquilut | Jefferies |
A.J. | Credit Suisse |
Good morning, ladies and gentlemen. My name is Paul, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Brookdale Senior Living's fourth quarter earnings release call. [Operator Instructions] As a reminder, this conference will be recorded for replay purposes. I would now like to turn the call over to Ms.