5 unchanged sentences
The fair value of our long-term debt obligations is affected by changes in market interest rates, however our scheduled maturities are well laddered from 2027 to 2041, which minimizes the market risk until the debt matures.
−Removed: As of December 31, 2024, we had $87.6 million of secured debt maturing in 2025.
+Added: As of December 31,
+Added: 2025, we have no secured debt maturing in 2026.
In addition, 17.5% of our outstanding debt is fully amortizing, further reducing the risk related to increased interest rates.
3 unchanged sentences
The variable rate on our unsecured $200.0 million term loan is fixed through the utilization of an interest rate swap through maturity of the term loan, so interest expense and cash flows would not be affected by fluctuations in interest rates.
+Added: The variable rate on our unsecured $240.0 million term loan is fixed through the utilization of interest rate swaps.
Our line of credit bears interest at a rate of SOFR plus 0.10% plus 1.25% to 1.65%.
34 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.