Farmland Partners Inc. (NYSE:FPI) Q3 2022 Earnings Conference Call October 25, 2022 1:00 PM ET

Company Participants

Christine Garrison - General Counsel & Secretary

Paul Pittman - Executive Chairman & Chief Executive Officer

Luca Fabbri - President

James Gilligan - Chief Financial Officer

Conference Call Participants

Rob Stevenson - Janney

Gerry Sweeney - Roth Capital

Dave Rodgers - Baird

Craig Kucera - B. Riley Securities

Operator

Ladies and gentlemen, thank you for your patience and thank you for attending today's Farmland Partners Inc. Third Quarter 2022 Earnings Call. My name is Amber and I will be your operator for today's call. [Operator Instructions]

It is now my pleasure to hand the conference over to our host, Paul Pittman, Chairman and CEO of Farmland. Paul, please proceed.

Paul Pittman

Thank you, Amber. Good morning and welcome to Farmland Partners third quarter 2022 earnings conference call and webcast. Thank you for taking the time to hear these further insights about our business beyond those expressed in the public filings and press releases.

I will now turn the call over to our General Counsel, Christine Garrison, for some customary preliminary remarks. Christine?

Christine Garrison

Thank you, Paul and thank you to everyone on the call. The press release announcing our third quarter earnings was distributed earlier today. The supplemental package has been posted to the Investor Relations section of our website under the sub header Presentations and Other Materials. For those who listen to the recording of this presentation, we remind you that the remarks made herein are as of today, October 25, 2022 and will not be updated subsequent to this call.

During this call, we will make forward-looking statements, including statements related to the future performance of our portfolio, our identified and potential acquisitions and dispositions, impact of acquisitions, dispositions and financing activities, business development opportunities as well as comments on our outlook for our business, rents and the broader agricultural markets. We will also discuss certain non-GAAP financial measures, including net operating income, FFO, adjusted FFO, EBITDAre and adjusted EBITDAre. Definitions of these non-GAAP measures as well as reconciliations to the most comparable GAAP measures are included in the company's press release announcing third quarter earnings which is available on our website, farmlandpartners.com and is furnished as an exhibit to our current report on Form 8-K dated October 24, 2022. Listeners are cautioned that these statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond our control. These risks and uncertainties can cause actual results to differ materially from our current expectations and we advise listeners to review the risk factors discussed in our press release distributed today and in documents we have filed with, or furnished to the SEC.