Healthcare Trust of America, Inc. (NYSE:HTA) Q4 2019 Earnings Conference Call - Final Transcript
Feb 14, 2020 • 12:00 pm ET
Good day and welcome to Healthcare Trust of America Fourth Quarter 2019 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to David Gershenson. Please go ahead.
Thank you, and welcome to Healthcare Trust of America's year-end 2019 earnings call. We filed our earnings release and our financial supplement yesterday after the close. These documents can be found on the Investor Relations section of our website or with the SEC.
Please note that this call is being webcast and will be available for replay for the next 90 days. We'll be happy to take your questions at the conclusion of our prepared remarks.
During the course of the call, we will make forward-looking statements. These forward-looking statements are based on the current beliefs of management and information currently available to us. Our actual results will be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although, we believe that our assumptions are reasonable, they are not guarantees of future performance. Therefore, our actual future results could materially differ from our current expectations. For a detailed description on potential risks, please refer to our SEC filings which can be found in the Investor Relations section of our website.
I will now turn the call over to Scott Peters, Chairman and CEO of Healthcare Trust of America. Scott?
Scott D. Peters
Good morning and thank you for joining us today for Healthcare Trust of America's fourth quarter and full year 2019 earnings conference call.
Joining me on the call today are Robert Milligan, our Chief Financial Officer; Amanda Houghton, our Executive Vice President of Asset Management; and Caroline Chiodo, our Senior Vice President of Acquisitions and Development.
As we begin 2020, HTA has positioned itself to be the sector leader in the ownership, leasing and operation of medical office buildings. We have a key market focused portfolio that is irreplaceable with almost 25 million square feet. Our portfolio is comprised of a fully integrated full-service operating platform and HTA has positioned itself with a fortress investment grade balance sheet that positions us to uniquely pursue investments and deliver earnings growth and shareholder returns over the next three to five years.
As Healthcare enters the new decade, it continues to move towards an integrated outpatient experience that is cost effective and convenient for patients. This delivery will take place in three settings. One, on-campus, where HTA is the largest owner of MOBs in the country; two, off campus, in the community locations where all leading health care providers are focusing and growing their presence; and three, in academic university locations, where academic and healthcare combinations are critical.
Over the last 13 years, we have built a portfolio of MOBs that reflects these trends, where they focus on finding core critical real estate in great markets that will deliver high levels of tenant retention and rental growth opportunities over