12 unchanged sentences
Unhedged Floating-Rate Borrowings
−Removed: As of December 31, 2024, the interest rates for 27% of our consolidated borrowings were floating.
−Removed: As of December 31, 2024, the interest expense for our unhedged floating-rate borrowings would increase by $15.0 million per year for every one hundred basis point increase in the related benchmark interest rate.
+Added: As of December 31, 2025, the interest rates for 7% of our consolidated borrowings were floating with no caps.
+Added: As of December 31, 2025, the interest expense for our unhedged floating-rate borrowings would increase by $3.8 million per year for every one hundred basis points increase in the related benchmark interest rate.
Higher interest rates would cause an increase in our future interest expense on our floating-rate debt, which would reduce our future net income, cash flows from operations and FFO.
4 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.