3 unchanged sentences
The fixed rate debt obligations limit the risk of fluctuating interest rates.
−Removed: As of December 31, 2020 and 2019, we had $1.7 billion of fixed rate debt outstanding at a weighted average interest rate of 3.95% and 3.97%, respectively.
+Added: As of December 31, 2021 and 2020, we had $1.7 billion of fixed rate debt outstanding at a weighted average interest rate of 3.95%.
At December 31, 2021, we had $578.5 million of variable rate debt outstanding, which consisted of the Credit Facility with $228.5 million outstanding at an interest rate of 1.15% and the $350.0 million Term Loan with an interest rate of 1.15%.
−Removed: At December 31, 2019, we had $250.0 million of variable rate debt outstanding, which consisted of the $250.0 million Term Loan with an interest rate of 3.70%.
+Added: At December 31, 2020, we had $482.4 million of variable rate debt outstanding, which consisted of the Credit Facility with $232.4 million outstanding at an interest rate of 1.19% and the $250.0 million Term Loan with an interest rate of 1.34%.
Based on our average variable rate debt balances in 2021, interest incurred would have increased by $5.3 million in 2021 if these interest rates had been 1% higher.
The information presented above should be read in conjunction with note 10 of notes to consolidated financial statements included in this Annual Report on Form 10-K.
−Removed: We did not have a significant level of notes receivable at December 31, 2020.
−Removed: Table of C ontents
+Added: Financial Statements and Supplementary Data
+Added: The financial statements and financial statement schedules required under Regulation S-X are filed pursuant to Item 15 of Part IV of this report.
+Added: Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
+Added: Not applicable.
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.