21 unchanged sentences
It also does not include a variety of other potential factors that could affect our business as a result of changes in interest rates.
−Removed: A hypothetical 100-basis point increase/decrease in interest rates on our leases subject to variable rental rates would increase/decrease the minimum contracted rentals in our portfolio as of June 30, 2020 by $4.0 million and $1.5 million , respectively, over the next twelve months.
−Removed: As of June 30, 2020 , a hypothetical 100-basis point increase/decrease in interest rates on our variable rate borrowings would result in an interest expense increase/decrease of $10.0 million and $3.3 million , respectively, net of amounts received from our interest rate derivatives, over the next twelve months.
+Added: A hypothetical 100-basis point increase/decrease in interest rates on our leases subject to variable rental rates would increase/decrease the minimum contracted rentals in our portfolio as of November 30, 2020 by $3.5 million and $0.9 million, respectively, over the next twelve months.
+Added: As of November 30, 2020, a hypothetical 100-basis point increase/decrease in interest rates on our variable rate borrowings would result in an interest expense increase/decrease of $5.2 million and $1.2 million, respectively, net of amounts received from our interest rate derivatives, over the next twelve months.
We have an interest rate cap to hedge a portion of our floating rate interest exposure which is set at 2% and has a current notional balance of $230.0 million and reduces over time to $215.0 million.
1 unchanged sentence
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.