Whitestone REIT (NYSE:WSR) Q2 2023 Results Conference Call August 2, 2023 8:00 AM ET

Company Participants

David Mordy - Director of Investor Relations

Dave Holeman - Chief Executive Officer

Christine Mastandrea - Chief Operating Officer

Scott Hogan - Chief Financial Officer

Conference Call Participants

Mitch Germain - JMP Securities

Craig Kucera - B. Riley Securities

Operator

Greetings, and welcome to the Whitestone REIT Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce our host, David Mordy. Thank you. You may begin, sir.

David Mordy

Good morning and thank you for joining Whitestone REIT's second quarter 2023 earnings conference call. On today's call are Dave Holeman, Chief Executive Officer; Christine Mastandrea, Chief Operating Officer; and Scott Hogan, Chief Financial Officer.

Please note that, some statements made during this call are not historical and may be deemed forward-looking statements. Actual results may differ materially from those forward-looking statements, due to a number of risks, uncertainties and other factors. Please refer to the Company's earnings news release and filings with the SEC, including Whitestone's most recent Form 10-Q and 10-K for a detailed discussion of these factors.

Acknowledging the fact that, this call may be webcast for a period of time, it's also important to note that, this call includes time sensitive information that may be accurate only as of today's date, August 02, 2023. The Company undertakes no obligation to update this information. Whitestone's third quarter earnings news release and supplemental operating and financial data package have been filed with the SEC and are available on our website in the Investor Relations section. We published second quarter 2023 slides on our website yesterday afternoon, which will highlight the topics to be discussed today.

I will now turn the call over to Dave Holeman, our Chief Executive Officer.

Dave Holeman

Thank you, David. Good morning and thank you for joining Whitestone's second quarter 2023 earnings conference call. Operations delivered another very strong quarter in second quarter of 2023. Legal expenses related to our termination for cause of our former CEO and our associated joint venture investment, detracted from what would otherwise be a strong headline number. But we expect these to be short-term impacts to earnings this year and not ongoing.