15 unchanged sentences
We will furnish annually to each of our stockholders a statement setting forth distributions paid during the preceding year and their characterization as ordinary income, return of capital, qualified dividend income or capital gain.
−Removed: There were no unregistered sales of equity securities during the quarter ended December 31, 2020.
Information about our equity compensation plans and other related stockholder matters is incorporated by reference in Item 12 of Part III of this annual report on Form 10-K.
Stock Performance Graph
−Removed: The following graph shows a comparison from December 1, 2016 (the date that our common stock first began trading on the NYSE) to December 31, 2020 of cumulative total stockholder return, calculated on a dividends reinvested basis, for Innovative Industrial Properties, Inc., the S&P 500 Stock Index, or the S&P 500, and the FTSE NAREIT All Equity REITs Index, which includes all tax-qualified equity REITs listed in the United States.
+Added: The following graph shows a comparison from January 1, 2017 to December 31, 2021 of cumulative total stockholder return, calculated on a dividends reinvested basis, for Innovative Industrial Properties, Inc., the S&P 500 Stock Index, or the S&P 500, and the MSCI US REIT Index, which includes all tax-qualified equity REITs listed in the United States.
Note that historic stock price performance is not necessarily indicative of future stock price performance.
1 unchanged sentence
SNL Financial
−Removed: SELECTED FINANCIAL DATA
−Removed: The following tables set forth our selected consolidated financial and operating data on a historical basis.
−Removed: The following data should be read in conjunction with our financial statements and notes thereto and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations”.
−Removed: As of and for
−Removed: from June 15,
−Removed: 2016 (date of
−Removed: incorporation)
−Removed: As of and for the years ended December 31,
−Removed: (dollars in thousands, except per share data)
−Removed: Statements of Operations:
−Removed: Total revenues
−Removed: Income / (loss) from operations
−Removed: Net income / (loss)
−Removed: Preferred stock dividends
−Removed: Net income / (loss) attributable to common stockholders
−Removed: Net income / (loss) attributable to common stockholders per share - basic
−Removed: Net income / (loss) attributable to common stockholders per share - diluted
−Removed: Cash dividends declared per common share
−Removed: Cash dividends declared per preferred share
−Removed: Balance Sheet Data (at period end):
−Removed: Exchangeable senior notes, net
−Removed: Total liabilities
−Removed: Cash flows provided by / (used in):
−Removed: Operating activities
−Removed: Investing activities
−Removed: Financing activities
+Added: Recent Sales of Unregistered Securities
+Added: In December 2021, in connection with the Exchange Transactions, our Operating Partnership delivered and paid an aggregate of (a) 1,684,237 shares of the Company’s Common Stock and (b) approximately $2.3 million in cash, collectively, in exchange for approximately $110.4 million principal amount of the Exchangeable Senior Notes.
+Added: The Exchange Transactions were conducted as a private placement and the shares of Common Stock issued in the Exchange Transactions were issued under the exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act and were offered only to persons reasonably believed to be institutional “accredited investors” within the meaning of Rule 501(a)(1), (2), (3) or (7) of Regulation D promulgated under the Securities Act that are also “qualified institutional buyers” within the meaning of Rule 144A promulgated under the Securities Act.
+Added: The Company relied on this exemption from registration based on the representations made by the holders of the Exchangeable Senior Notes participating in the Exchange Transactions.
+Added: For information regarding our outstanding indebtedness, which includes our Notes due 2026 and our Exchangeable Senior Notes, see Note 7 in the notes to our consolidated financial statements.
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.