Risk Factors Update Summary
- Interest rates were raised in 2022. The company's major tenants' failure to pay rent could have a material adverse effect.
- The company's exposure to bankruptcy filings by tenants could impact financial stability.
- The Chairman took a medical leave of absence, affecting the company's leadership stability.
- The loss of senior management could affect operations, earnings, and cash flow.
- The number of leases expiring in 2023 increased from 49 to 69, affecting revenue.
- The company appointed an Interim CEO due to the Chairman's absence, impacting operations.
- The company may fail to successfully operate acquired properties, impacting growth opportunities.
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=1631569&owner=exclude
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