30 unchanged sentences
Missouri 4 152,278 112,096 25 99,110 75,367 29 251,388 187,463
−Removed: Nevada 3 53,852 31,457 6 159,965 108,227 9 213,817 139,684
Nebraska — — — 5 25,549 14,820 5 25,549 14,820
+Added: Nevada 3 54,242 29,997 6 144,209 104,168 9 198,451 134,165
New Hampshire — — — 1 5,955 3,350 1 5,955 3,350
19 unchanged sentences
216 5,248,042 3,339,052 761 3,897,934 2,946,124 977 9,145,973 6,285,173
−Removed: Washington, DC 1 144,521 135,563 — — — 1 144,521 135,563
+Added: Washington, D.C.
+Added: 1 144,852 132,678 — — — 1 144,852 132,678
Ontario, Canada 2 53,778 30,374 — — — 2 53,778 30,374
6 unchanged sentences
Held For Sale:
−Removed: Alabama 3 22,521 18,146 — — — 3 22,521 18,146
−Removed: Arkansas — — — 1 117 117 1 117 117
−Removed: Arizona 1 8,927 4,268 1 2,285 2,285 2 11,212 6,553
−Removed: Delaware 1 11,027 8,680 — — — 1 11,027 8,680
−Removed: Florida 1 13,120 10,614 — — — 1 13,120 10,614
Georgia 1 $ 5,666 $ 4,976 — $ — $ — 1 $ 5,666 $ 4,976
−Removed: Iowa 1 6,468 4,923 5 670 670 6 7,138 5,593
Illinois — — — 2 729 729 2 729 729
−Removed: Indiana 1 4,356 3,796 — — — 1 4,356 3,796
−Removed: Kansas 3 16,727 9,863 1 329 329 4 17,056 10,192
−Removed: Kentucky — — — 1 202 202 1 202 202
−Removed: Massachusetts 4 51,981 30,249 — — — 4 51,981 30,249
Maryland 1 4,220 4,220 — — — 1 4,220 4,220
−Removed: Michigan 2 20,873 16,846 1 538 538 3 21,411 17,384
−Removed: Minnesota 1 12,353 9,541 — — — 1 12,353 9,541
−Removed: Missouri 3 22,595 16,846 — — — 3 22,595 16,846
−Removed: North Carolina 1 5,096 4,108 — — — 1 5,096 4,108
−Removed: Nebraska 1 8,178 5,964 — — — 1 8,178 5,964
+Added: Massachusetts 1 7,746 6,678 — — — 1 7,746 6,678
New Jersey 1 11,451 11,451 — — — 1 11,451 11,451
New York 3 22,064 18,511 — — — 3 22,064 18,511
+Added: North Carolina 2 12,381 10,418 — — — 2 12,381 10,418
Ohio — — — 2 648 648 2 648 648
1 unchanged sentence
Pennsylvania 3 23,370 20,113 — — — 3 23,370 20,113
−Removed: Rhode Island 1 11,030 9,411 — — — 1 11,030 9,411
South Carolina 1 5,295 4,749 — — — 1 5,295 4,749
−Removed: Tennessee 2 14,752 12,562 2 416 416 4 15,168 12,978
Texas 1 5,692 5,064 — — — 1 5,692 5,064
−Removed: Vermont 1 8,814 6,503 — — — 1 8,814 6,503
−Removed: Washington 1 18,859 15,545 — — — 1 18,859 15,545
−Removed: Wisconsin — — — 1 753 753 1 753 753
−Removed: Wyoming — — — 1 500 500 1 500 500
−Removed: 67 714,375 501,964 22 12,570 12,335 89 726,945 514,299
+Added: Virginia 3 19,735 17,569 — — — 3 19,735 17,569
+Added: Total 18 124,968 110,220 4 1,377 1,377 22 126,345 111,597
238 $ 5,787,902 $ 3,754,835 765 $ 3,899,311 $ 2,947,497 1,003 $ 9,687,214 $ 6,702,332
1 unchanged sentence
The average remaining term of the ground leases (including renewal options) is approximately 33 years (range of 12 to 65 years).
−Removed: Ground rent payable under nine of the ground leases is generally calculated as a percentage of hotel revenues.
+Added: Ground rent payable under eight of the ground leases is generally calculated as a percentage of hotel revenues.
Twelve of the 13 ground leases require annual minimum rents averaging $256 per year;
4 unchanged sentences
At December 31, 2022, 15 of our net lease properties were on land we leased partially or entirely from unrelated third parties.
−Removed: The average remaining term of the ground leases (including renewal options) is approximately 10 years (range of 1 year to 20 years).
+Added: The average remaining term of the ground leases (including renewal options) is approximately 9 years (range of 1 to 19 years).
Ground rent payable under the ground leases is generally a fixed amount, averaging $435 per year.
14 unchanged sentences
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.