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Mid-America Apartment Communities, Inc. (MAA) CEO Eric Bolton on Q2 2018 Results - Earnings Call Transcript

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Mid-America Apartment Communities, Inc. (NYSE:MAA) Q2 2018 Earnings Conference Call August 2, 2018 10:00 AM ET


Tim Argo - SVP & Director, Finance

Eric Bolton - Chairman, President & CEO

Thomas Grimes - EVP & COO

Albert Campbell - EVP & CFO


Nicholas Joseph - Citigroup

Austin Wurschmidt - KeyBanc Capital Markets

Richard Anderson - Mizuho Securities

John Kim - BMO Capital Markets

Omotayo Okusanya - Jefferies

John Pawlowski - Green Street Advisors

Wesley Golladay - RBC Capital Markets


Good morning, ladies and gentlemen. Welcome to the MAA Second Quarter 2018 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded today, August 2, 2018.

I will now turn the conference over to Tim Argo, Senior Vice President, Finance for MAA.

Tim Argo

Thank you, Priscilla, and good morning, everyone. This is Tim Argo, Senior Vice President of Finance for MAA. With me are Eric Bolton, our CEO; Al Campbell, our CFO; Tom Grimes, our COO; and Rob DelPriore, our General Counsel.

Before we begin with our prepared comments this morning, I want to point out that as part of the discussion, company management will be making forward-looking statements. Actual results may differ materially from our projections. We encourage you to refer to the Forward-Looking Statements section in yesterday's earnings release and our 34-Act filings with the SEC, which describe risk factors that may impact future results.

These reports, along with a copy of today's prepared comments and an audio copy of this morning's call, will be available on our website. During this call, we will also discuss certain non-GAAP financial measures. Reconciliations to comparable GAAP measures can be found in our earnings release and supplemental financial data.

I'll now turn the call over to Eric.

Eric Bolton

Thanks, Tim, and good morning. Leasing conditions across our

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