Operator: Good day, ladies and gentlemen and welcome to the Third Quarter 2012 Ventas Earnings Conference Call. My name is Juniata and I'll be your operator for today. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. As a reminder this conference is being recorded for replay purposes. I would now like to turn the conference over to Ms. Lori Wittman, Vice President, Capital Markets. Please proceed.
Lori Wittman - VP, Capital Markets: Thank you very much. Good morning, and welcome to the Ventas conference call to review the Company's announcement today regarding its results for the quarter ended September 30, 2012.
As we start, let me express that all projections and predictions and certain other statements to be made during this conference call may be considered forward-looking statements within the meaning of the Federal Securities laws. These projections, predictions and statements are based on the management's current beliefs as well as on a number of assumptions concerning future events. The forward-looking statements are subject to many risks, uncertainties and contingencies, and stockholders and others should recognize that actual results may differ materially from the Company's expectations, whether expressed or implied.
We refer you to the Company's reports filed with the Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2011, and the Company's other reports filed periodically with the SEC for a discussion of these forward-looking statements and other factors that could affect these forward-looking statements. Many of these factors are beyond the control of the Company and its management. The information being provided today is as of this date only, and Ventas expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any changes in expectations.
Please note that the quantitative reconciliations between each non-GAAP financial measure contained in this presentation and its most directly comparable GAAP measure as well as the Company's supplemental disclosure schedule are available in the Investor Relations section of our website at www.ventasreit.com.
I will now turn the call over to Debra A. Cafaro, Chairman and CEO of the company.
Debra A. Cafaro - Chairman and CEO: Thanks, Lori, and good morning to all of our shareholders and other participants, and welcome to Ventas' third quarter 2012 earnings call. Today I'm pleased to share an overview of our excellent results, investment activities, and outlook for the balance of the year. Ray Lewis will discuss our portfolio performance, and Rich Schweinhart will review our financial results. We'll be delighted to answer your questions following our remarks.
The Ventas business continues to strive, demonstrating our ability to grow because of our high performing diverse portfolio driven by demographic demand and our robust disciplined investment activities. We are executing on our three pillars of excellence; capital raising, capital allocation, and asset management, which are producing consistent superior results. Quarter-after-quarter, year-after-year, we have put great numbers on the board with minimal volatility.