4 unchanged sentences
To manage the volatility related to the exposure to changes in interest rates, we have entered into a derivative financial instrument.
−Removed: Our objective is to reduce, where it is deemed appropriate to do so, fluctuations in earnings and cash flows
−Removed: associated with changes in interest rates.
+Added: Our objective is to reduce, where it is deemed appropriate to do so, fluctuations in earnings and cash flows associated with changes in interest rates.
Our policies and practices are to use derivative financial instruments only to the extent necessary to manage exposures.
1 unchanged sentence
Amounts reported in accumulated other comprehensive income (loss) related to our derivative will be reclassified to interest expense as interest is accrued on our variable-rate debt.
−Removed: The fair value of our derivative was a liability of $4.5 million at June 30, 2021.
−Removed: Based upon projected forward rates, we estimate as of June 30, 2021 that $3.2 million may be reclassified as an increase to interest expense over the next twelve months.
+Added: The fair value of our derivative was a liability of $3.6 million at September 30, 2021.
+Added: Based upon projected forward rates, we estimate as of September 30, 2021 that $3.2 million may be reclassified as an increase to interest expense over the next twelve months.
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.