Director of Investor Relations - Catherine Gerkis Chief Executive Officer and President - Arthur Cooper Operator: Greetings, and welcome to the Gladstone Commercial Corporation Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded. I would now like to turn the conference over to Chairman, David Gladstone. David Gladstone: Well, thank you, [ Kristen ].
That was a nice introduction, and thank all of you for calling in today. We really do enjoy this time with you guys, and I hope you have a lot of questions for us today. Now we'll hear from Catherine Gerkis.
She's our Director of Investor Relations, and she's got a brief disclosure to read to you regarding certain regulatory matters concerning all of these calls and things that we're doing today. Catherine Gerkis: Thanks, David, and good morning, all. Today's call may include forward-looking statements, which are based on management's estimates, assumptions and projections.
There are no guarantees of future performance, and actual results may differ materially from those expressed or implied in these statements due to various uncertainties, including the risk factors set forth in our SEC filings, which you can find on the Investors page of our website, gladstonecommercial.com. We assume no obligation to update any of these statements unless required by law. Please visit our website for a copy of our Form 10-Q and earnings press release for more detailed information.
You can also t our Investor Relations department. We are also on X @GladstoneComps as well as Facebook and LinkedIn. The keyword for both is The Gladstone Companies.
Today, we'll discuss FFO, which is funds from operations, 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 depreciation and amortization of real estate assets. We may also discuss core FFO, which is generally FFO adjusted for certain other nonrecurring revenues and expenses. We believe these metrics can be a better indication of our operating results and allow better comparability of our period-over-period performance.
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