Risk Factors Update Summary
- Company incurred $168.8 million in impairment charges in 2023, impacting financial results significantly.
- High interest rates could lead to construction costs exceeding estimates, affecting returns on investments.
- Potential non-REIT taxes enacted by the Inflation Reduction Act of 2022 could impact the company.
- Failure to qualify as a REIT could result in adverse tax consequences for the company.
- Company plans to heavily invest in Qualified Opportunity Zones, potentially impacting future financial performance.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=790816&owner=exclude
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