Q4 2018 Capital Senior Living Corp Earnings Call Transcript
Good day, and welcome to the Capital Senior Living Fourth Quarter and Full Year 2018 Earnings Release Conference Call. Today's conference is being recorded. The forward-looking statements in this release are subject to certain risks and uncertainties that could cause the company's actual results and financial conditions to differ materially, including, but not limited to, the company's ability to generate sufficient cash flow to satisfy its debt and lease obligations and to fund the company's capital improvement projects to expand, redevelop, and/or reposition its senior living communities; the company's ability to obtain additional capital on terms acceptable to it; the company's ability to extend or refinance its existing debt as such debt matures; the company's compliance with its debt and lease agreements; the company's ability to complete acquisitions and dispositions upon favorable terms to all; the risk of oversupply and increased competition in the markets, which the company operates; the risk of increased competition for skilled workers due to wage pressure and changes in regulatory requirements
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