3 unchanged sentences
(Amounts in thousands, except per share amounts)
−Removed: March 31, Balance Weighted
+Added: June 30, Balance Weighted
Interest Rate Effect of 1%
10 unchanged sentences
The fair value of our mortgages payable is calculated by discounting the future contractual cash flows of these instruments using current risk-adjusted rates available to borrowers with similar credit ratings, which are provided by a third-party specialist.
−Removed: As of March 31, 2021 and December 31, 2020, the estimated fair value of our mortgages payable was $1,129,000,000 and $1,130,000,000, respectively.
+Added: As of June 30, 2021 and December 31, 2020, the estimated fair value of our mortgages payable was $1,124,000,000 and $1,130,000,000, respectively.
Our fair value estimates, which are made at the end of the reporting period, may be different from the amounts that may ultimately be realized upon the disposition of our financial instruments.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.