12 unchanged sentences
The FTSE Nareit Equity REITs Index represents performance of all publicly-traded US Equity REITs not designated as Timber REITs or Infrastructure REITs.
−Removed: The graph covers the period from February 6, 2015 through December 31, 2019 and assumes that $100 was invested in our common stock and in each index on February 6, 2015 and that all dividends were reinvested.
+Added: The graph covers the period from December 31, 2015 through December 31, 2020 and assumes that $100 was invested in our common stock and in each index on December 31, 2015 and that all dividends were reinvested.
The information in this paragraph and the following performance graph are deemed to be furnished, not filed.
1 unchanged sentence
Recent Purchases of Equity Securities
−Removed: Selected Financial Data
−Removed: The financial information analyzed below summarizes the results of operations for Easterly for the years ended December 31, 2019, 2018, 2017 and 2016 and the combined results of operations for both Easterly (for the period subsequent to our initial public offering of February 11, 2015 through December 31, 2015) and our predecessor (as defined below) (for the period January 1, 2015 through February 10, 2015).
−Removed: In connection with our initial public offering, we engaged in certain formation transactions, which we refer to as the formation transactions, pursuant to which our operating partnership acquired (i) 15 properties previously owned by the Easterly Funds (as defined below), (ii) 14 properties previously owned by Western Devcon, Inc., a private real estate company, and a series of related entities beneficially owned by Michael P.
−Removed: Ibe, which we refer to collectively as Western Devcon, and (iii) all of the ownership interests in the management entities (as defined below).
−Removed: Our predecessor means Easterly Partners, LLC and its consolidated subsidiaries prior to our initial public offering and the formation transactions, including (i) all entities or interests in U.S.
−Removed: Government Properties Income and Growth Fund L.P., U.S.
−Removed: Government Properties Income and Growth Fund REIT, Inc.
−Removed: and the related feeder and subsidiary entities, which we refer to collectively as Easterly Fund I, (ii) all entities or interests in U.S.
−Removed: Government Properties Income and Growth Fund II, LP, USGP II REIT LP, USGP II (Parallel) Fund, LP and their related feeders and subsidiary entities, which we refer to collectively as Easterly Fund II and, together with Easterly Fund I, we refer to as the Easterly Funds, and (iii) the entities that managed the Easterly Funds, which we refer to as the management entities.
−Removed: Prior to our initial public offering on February 11, 2015, the Easterly Funds, as controlled by our predecessor, qualified as investment companies pursuant to Accounting Standards Codification 946 Financial Services – Investment Companies and, as a result, our predecessor’s consolidated financial statements accounted for the Easterly Funds using investment company accounting based on fair value.
−Removed: Subsequent to our initial public offering, as the properties contributed to us from the Easterly Funds are no longer held by funds that qualify for investment company accounting, we made a shift, in accordance with GAAP, to account for the properties contributed by the Easterly Funds and Western Devcon using historical cost accounting instead of investment company accounting, resulting in a significant change in the presentation of our consolidated financial statements following the formation transactions.
−Removed: The contribution of the investments of the Easterly Funds controlled by our predecessor to our operating partnership pursuant to the formation transactions is accounted for as transactions among entities under common control.
−Removed: The contribution of the Western Devcon properties in the formation transactions has been accounted for as a business combination using the acquisition method of accounting and recognized at the estimated fair value of acquired assets and assumed liabilities on the date of such contribution.
−Removed: Since the information presented below is only a summary, the following should be reviewed in conjunction with the information contained in “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” the consolidated financial statements and related notes thereto.
−Removed: For the years ended December 31,
−Removed: (Amounts in thousands)
−Removed: Rental income
−Removed: Tenant reimbursements
−Removed: Total revenues
−Removed: Property operating
−Removed: Real estate taxes
−Removed: Depreciation and amortization
−Removed: Acquisition costs
−Removed: Formation expenses
−Removed: Corporate general and administrative
−Removed: Fund general and administrative
−Removed: Total expenses
−Removed: Other (expenses) / income
−Removed: Interest expense
−Removed: Gain (loss) on the sale of operating property
−Removed: Net unrealized loss on investments
−Removed: Net income (loss)
−Removed: Non-controlling interest in Operating Partnership
−Removed: Net income (loss) available to Easterly Government Properties, Inc.
−Removed: Net income (loss) available to Easterly Government Properties, Inc.
−Removed: For the years ended December 31,
−Removed: (Amounts in thousands, except per share amounts)
−Removed: Real estate properties, net
−Removed: Debt obligations
−Removed: Dividends declared per share
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.