−Removed: While the Company generally leases its pawnshop locations, the Company also purchases real estate for its pawnshop locations as opportunities arise at attractive prices, whether through store acquisitions or through purchases from its landlords at existing stores.
−Removed: As of December 31, 2020, the Company owned the real estate and buildings for 202 of its pawn stores and its Company’s corporate headquarters building in Fort Worth, Texas.
−Removed: As of December 31, 2020, the Company leased 2,592 store locations that were open or were in the process of opening.
+Added: While the Company generally leases its pawnshop locations, the Company also purchases real estate for its pawnshop locations as opportunities arise at prices that the Company believes are attractive, whether through store acquisitions or through purchases from its landlords at existing stores.
+Added: As of December 31, 2021, the Company owned the real estate and buildings for 254 of its pawn stores, its Company’s corporate headquarters building in Fort Worth, Texas and an office building in Dallas, Texas.
+Added: As of December 31, 2021, the Company leased 2,590 pawn store locations that were open or were in the process of opening.
Leased facilities are generally leased for a term of three to five years with one or more options to renew.
3 unchanged sentences
For more information about the Company’s pawn store locations, see “Item 1.
−Removed: Business—Locations and Operations.”
+Added: Business—Pawn Store Locations.”
The following table details material corporate locations leased by the Company (dollars in thousands):
Description Location Square Footage Lease Expiration Date Monthly Rental Payment
+Added: Administrative offices Dallas, Texas 37,000 September 30, 2022 $ 45
Administrative offices Monterrey, Mexico 15,000 December 31, 2024 18
Administrative offices Mexico City, Mexico 8,000 March 31, 2024 18
−Removed: Administrative operations Fort Worth, Texas 24,000 July 31, 2021 10
Most leases require the Company to maintain the property and pay the cost of insurance and property taxes.
2 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.