9 unchanged sentences
The Company continues to believe the pursuit of entitlements will maximize the value of our properties and the estimated distributions.
−Removed: Following the Merger, effective September 1, 2015, the Company adopted the liquidation basis of accounting and therefore reports the land and buildings on the Consolidated Statement of Net Assets at net realizable value.
+Added: Following the Merger, effective September 1, 2015, the Company adopted the liquidation basis of accounting and therefore reports the land and buildings on the Consolidated Statement of Net Assets at net realizable value. 
The net realizable value on December 31, 2021 is estimated to be $42,545,000.
4 unchanged sentences
The grounds feature landscaping, are neatly groomed and well maintained.
−Removed: Approximately 5 acres of the 68 acres at Flowerfield, are non-contiguous to the Flowerfield industrial park and zoned residential.
−Removed: In May 2020, the Company’s wholly owned subsidiary, GSD Flowerfield, LLC, entered into a purchase and sale agreement for the sale of the 5-acre lot (See “ Properties Under Contract ” above).
There are four buildings in the Flowerfield Industrial Park with rental unit sizes ranging from 130 to 26,573 square feet.
15 unchanged sentences
In June 2017, the Company filed a subdivision application for the Flowerfield property along with the previously sold catering facility totaling approximately 74 acres with the Town of Smithtown.
−Removed: The Company has an additional 5.2 acres bordering the industrial park that is currently zoned residential and is not part of the application.
−Removed: Additionally, the Company filed an application with the Town of Cortlandt Manor on the development of that property on March 31, 2017 (see, “—Property Value Enhancement”, above).
+Added: Additionally, the Company filed an application with the Town of Cortlandt Manor on the development of that property on March 31, 2017 (see, “—Property Value Enhancement”, above).
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.