Q4 2021 Diversified Healthcare Trust Earnings Call
Good day and welcome to D. H C fourth quarter 2021 earnings conference call.
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I'd now like to turn the conference over to Michael Codecs Director of Investor Relations. Please go ahead.
Good morning, and welcome to diversified Health care Trust call covering the fourth quarter of 2021 results.
Joining me on today's call are Jennifer Francis President and Chief Executive Officer, and Rick <unk>, Chief Financial Officer and Treasurer.
Today's call includes a presentation by management, followed by a question and answer session.
I would like to note that the transcription recording and retransmission of today's conference call are strictly prohibited without the prior written consent of diversified health care Trust or DHT.
Today's conference call contains forward looking statements within the meaning of the private Securities Litigation Reform Act of 1995 and other securities laws.
These forward looking statements are based upon dht's present beliefs and expectations as of today Thursday February 24 2022.
The company undertakes no obligation to revise or publicly release the results of any revision to the forward looking statements made in today's conference call other than through filings with the Securities and Exchange Commission or SEC.
In addition, this call may contain non-GAAP numbers, including normalized funds from operations or normalized <unk> EBITDA net operating income or NOI and cash basis, net operating income or cash basis NOI.
Reconciliations of net income or loss attributable to common shareholders to these non-GAAP figures and the components to calculate <unk> CAD or fad are available in our supplemental operating and financial data package found on our website at www Dot <unk> dot com actual results may differ materially from those projected in any forward looking statements.
Information concerning factors that could cause those differences is contained in our filings with the SEC.
You are cautioned not to place undue reliance upon any forward looking statements now I'd like to turn the call over to Jennifer. Thank you Michael Good morning, and thank you for joining us on today's call.
I'd like to begin today's call by reflecting on the year, where we focused on the foundational work necessary for D. C to emerge from the COVID-19 pandemic in a position of strength.
I would classify 2020 as a year of defensive measures taken to withstand the effects of COVID-19, 2021 was a year defined by a proactive steps taken to best position the company in terms of liquidity and future profitability.
At vaccine acceptance and easing.