−Removed: AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
+Added: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Market risk represents the risk of loss that may impact our financial position because of adverse changes in financial market prices and rates.
1 unchanged sentence
Interest Rate Risk
−Removed: Our cash and cash equivalents as of June 30, 2021 consisted of $810.7 million in cash and cash equivalents.
+Added: Our cash and cash equivalents as of September 30, 2021 consisted of $791.4 million in cash and cash equivalents.
Certain of our cash and cash equivalents are interest-earning instruments that carry a degree of interest rate risk.
7 unchanged sentences
Our Concierge Facility bears interest equal to the adjusted LIBOR rate plus a margin of 1.85% or an alternate rate of interest upon the occurrence of certain changes in LIBOR.
−Removed: As of June 30, 2021, we had a total outstanding balance of $11.1 million under these debt facilities.
+Added: As of September 30, 2021, we had a total outstanding balance of $18.7 million under these debt facilities.
Based on the amounts outstanding, a 100-basis
3 unchanged sentences
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.