8 unchanged sentences
These prepayment rights may afford us opportunities to mitigate the risk of refinancing our debts at maturity at higher rates by refinancing prior to maturity.
−Removed: We have a Credit Facility with Truist of up to $600.0 million in aggregate principal amount.
−Removed: We have no outstanding borrowings under our Credit Facility as of September 30, 2024 and through the filing date of this report.
+Added: We have a Credit Facility with Truist of up to $600.0 million in aggregate principal.
+Added: We have no outstanding borrowings under our Credit Facility as of March 31, 2025 and through the filing date of this report.
In addition, we have outstanding indebtedness under mortgage loans insured with HUD and a promissory note payable to a third party of $147.4 million, all of which are at fixed interest rates.
−Removed: Our cash and cash equivalents as of September 30, 2024 consisted of bank term deposits, money market funds and U.S.
+Added: Our cash and cash equivalents as of March 31, 2025 consisted of bank term deposits, money market funds and U.S.
Treasury bill related investments.
−Removed: In addition, as of September 30, 2024, we held investments of approximately $154.5 million.
−Removed: We believe our investments that were in an unrealized loss position as of September 30, 2024 do not require an allowance for expected credit losses, nor has any event occurred subsequent to that date that would indicate so.
+Added: In addition, as of March 31, 2025, we held investments of approximately $219.1 million.
+Added: We believe our investments that were in an unrealized loss position as of March 31, 2025 do not require an allowance for expected credit losses, nor has any event occurred subsequent to that date that would indicate so.
Our market risk exposure is interest rate sensitivity, which is affected by changes in the general level of U.S.
1 unchanged sentence
The primary objective of our investment activities is to preserve principal, while at the same time maximizing the income we receive from our investments without significantly increasing risk.
−Removed: Due to the low risk profile of our investment portfolio, an immediate 10.0% change in interest rates would not have a material effect on the fair market value of our portfolio.
+Added: We invest in marketable securities with the positive intent and ability to hold to maturity.
Accordingly, we would not expect our operating results or cash flows to be affected to any significant degree by the effect of a sudden change in market interest rates on our securities portfolio.
−Removed: The above only incorporates those exposures that exist as of September 30, 2024 and does not consider those exposures or positions which could arise after that date.
+Added: The above only incorporates those exposures that exist as of March 31, 2025 and does not consider those exposures or positions which could arise after that date.
If we diversify our investment portfolio into securities and other investment alternatives, we may face increased risk and exposures as a result of interest risk and the securities markets in general.
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.