5 unchanged sentences
While these agreements are intended to lessen the impact of rising interest rates, they also expose us to the risks that the other parties to the agreements will not perform, we could incur significant costs associated with the settlement of the agreements, the agreements will be unenforceable and the underlying transactions will fail to qualify as highly effective cash flow hedges under guidance included in ASC 815 "Derivatives and Hedging."
−Removed: The table below provides information about financial instruments that are sensitive to changes in interest rates, including notes, term loans, bonds and lines of credit.
+Added: The table below provides information about financial instruments that are sensitive to changes in interest rates, including senior notes, term loans, mortgage loans and credit facilities.
For debt obligations, the table presents scheduled maturities, including annual amortization of principal, and related weighted-average interest rates for the debt maturing in each specified period (dollars in thousands).
1 unchanged sentence
Fixed rate debt (1)
+Added: $ 1,887 $ 49,588 $ 2,084 $ 4,602 $ 752,318 $ 50,894 $ 861,373
Average interest rate 5.07 % 4.71 % 5.07 % 5.00 % 1.76 % 5.07 % 2.16 %
Variable rate debt (1)
−Removed: Average interest rate (1)
$ 60,237 $ 588,831 $ 945,500 $ — $ — $ — $ 1,594,568
+Added: Average interest rate 2.52 % 3.37 % 2.85 % — % — % — % 3.03 %
Total $ 62,124 $ 638,419 $ 947,584 $ 4,602 $ 752,318 $ 50,894 $ 2,455,941
−Removed: (1) See discussion of our debt under Liquidity and Capital Resources and Derivative Instruments.
+Added: ______________________
+Added: (1) Scheduled maturities assume we exercise all extension options available in our debt agreements.
+Added: For a discussion of our debt, see Note 5 , Debt , to our consolidated financial statements included in Part IV, Item 15 of this Annual Report on Form 10-K.
This table reflects indebtedness outstanding as of December 31, 2021 and does not reflect indebtedness, if any, incurred after that date.
3 unchanged sentences
If interest rates on our unhedged variable rate debt increase or decrease by 0.1 percent, our annual interest expense will increase or decrease by approximately $0.3 million, respectively.
−Removed: Consolidated Financial Statements and Supplementary Data.
+Added: Financial Statements and Supplementary Data.
See Financial Statements and index beginning on page F-1.
1 unchanged sentence
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.