2 unchanged sentences
There is inherent roll-over risk for borrowings as they mature and are renewed at current market rates.
−Removed: The extent of this risk is not quantifiable or predictable because of the variability of future interest rates and our future financing requirements.
−Removed: We are not subject to foreign exchange rates or commodity price risk, and all of our financial instruments were entered into for other than trading purposes.
+Added: The extent of this risk is not quantifiable or predictable because of the variability of
+Added: future interest rates and our future financing requirements.
+Added: We are not subject to foreign exchange rates or commodity price risk, and all our financial instruments were entered into for other than trading purposes.
Our interest rate risk is monitored using a variety of techniques.
The table below ($ in thousands) presents the principal payments and the weighted average interest rates on outstanding debt, by year of expected maturity, to evaluate the expected cash flows and sensitivity to interest rate changes.
−Removed: A negligible amount of fair value adjustments and unamortized deferred financing costs, net, are excluded.
+Added: Fair value adjustments and unamortized deferred financing costs, net, of approximately $(7.8) million are excluded.
Mortgage Notes Payable
6 unchanged sentences
As a result, our ultimate realized gain or loss with respect to interest rate fluctuations will depend on the exposures that arise during the period and interest rates.
−Removed: As of December 31, 2023, we had interest rate caps and swaps, which are not accounted for as hedges, that we primarily use as part of our interest rate risk management strategy.
+Added: At December 31, 2024, we had interest rate caps and swaps, which are not accounted for as hedges, that we primarily use as part of our interest rate risk management strategy.
Our interest rate caps and swaps effectively limit our exposure to interest rate risk by providing a ceiling on the underlying interest rate for $155.6 million of our debt.
1 unchanged sentence
Financial Statements and Supplementary Data
−Removed: The information required by this Item 8 is hereby included in our Combined Consolidated Financial Statements beginning on page F-1 of the Annual Report on Form 10-K.
+Added: The information required by this Item 8 is hereby included in our Consolidated Financial Statements beginning on page F-1 of the Annual Report on Form 10-K.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
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.