4 unchanged sentences
With respect to our fixed-rate mortgage payable, increases in interest rates could make it more difficult to refinance such debt when it becomes due.
+Added: Based on our variable rate debt balance, interest expense would have increased by approximately $0.8 million for the nine months ended September 30,2024 if short-term interest rates had been 1% higher.
+Added: As of September 30, 2024, the weighted average interest rate on the $42.1 million of fixed-rate indebtedness outstanding was 4.92% per annum, with principal paydowns at various dates through December 15, 2039.
For additional information concerning our debt and management’s estimation process to arrive at a fair value of our debt as required by GAAP, please refer to the Liquidity and Capital Resources section above in Management's Discussion and Analysis of Financial Condition and Results of Operations and Note 5 – Mortgages Payable, Net in the Notes to Unaudited Condensed Financial Statements included in this Quarterly Report.
−Removed: The following table summarizes principal cash flows on our debt obligations and related weighted-average interest rates by expected maturity dates as of June 30, 2024:
−Removed: Contractual Maturity Date
−Removed: thousands except percentages
−Removed: Remaining in 2024
−Removed: Mortgages payable
−Removed: Weighted-average interest rate
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.