Our headquarters is located in Southfield, Michigan, in an office building we purchased in 1993, which includes approximately 136,000 square feet of space.
−Removed: In August 2018, we purchased a second office building in Southfield, which includes approximately 297,000 square feet of space, that was used to consolidate operations from our current and previous Southfield leased locations and that we intend to use to accommodate future growth.
+Added: We also own a second office building in Southfield that we purchased in 2018, which includes approximately 297,000 square feet of space.
We have a mortgage loan from a commercial bank that is secured by a first mortgage lien on the second office property.
−Removed: We lease approximately 54,000 square feet of office space in Southfield and approximately 31,000 square feet of office space in Henderson, Nevada.
−Removed: The lease for the Southfield space expires in July 2021.
−Removed: The lease for the Henderson space expires in December 2022.
−Removed: We have renewal options on both of our office space leases.
+Added: We lease approximately 31,000 square feet of office space in Henderson, Nevada.
+Added: The lease, which includes a renewal option, expires in December 2022.
Additionally, there currently is a significant amount of unoccupied office space available for lease in the markets where we operate.
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.