−Removed: principal offices are located at 4400 Route 9 South, Freehold, NJ 07728.
−Removed: The office building is owned by our subsidiary, Avalon
−Removed: RT 9 Properties, LLC, which is in business of owning and operating an income-producing real property.
−Removed: Our property is well maintained,
−Removed: adequately meets our needs, and is being utilized for its intended purpose.
−Removed: lease additional office space for operations.
−Removed: Office location is not crucial to our operations, and we anticipate no difficulty
−Removed: in extending these leases or obtaining comparable office space.
−Removed: are obligated under various lease agreements providing for office space that expire at various dates through the year 2021.
−Removed: rent expense under these lease agreements was approximately $91,000 and $103,000 for the years ended December 31, 2019 and 2018,
−Removed: respectively.
−Removed: believe that our current office space is adequate for our current and immediately foreseeable operating needs.
+Added: Our principal offices are
+Added: located at 4400 Route 9 South, Freehold, NJ 07728.
+Added: The office building is owned by our subsidiary, Avalon RT 9 Properties, LLC,
+Added: which is in business of owning and operating an income-producing real property.
+Added: Our property is well maintained, adequately meets
+Added: our needs, and is being utilized for its intended purpose.
+Added: We lease additional office
+Added: space for operations.
+Added: Office location is not crucial to our operations, and we anticipate no difficulty in extending these leases
+Added: or obtaining comparable office space.
+Added: We are obligated under
+Added: various lease agreements providing for office space that expire at various dates through the year 2022.
+Added: Total rent expense under
+Added: these lease agreements was approximately $164,000 and $91,000 for the years ended December 31, 2020 and 2019, respectively.
+Added: We believe that our current
+Added: office space is adequate for our current and immediately foreseeable operating needs.
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.