DEA — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-03

• Comparison of Results of Operations for the six months ended June 30, 2026 and 2025

• The financial information presented below summarizes our results of operations for the six months ended June 30, 2026 and 2025 (amounts in thousands).

• Total revenues increased $21.1 million to $184.0 million for the six months ended June 30, 2026 compared to $162.9 million for the six months ended June 30, 2025.

• The $22.3 million increase in Rental income is primarily attributable to the four operating properties acquired since June 30, 2025, one development property placed into service since June 30, 2025 and a full period of operations from the two operating properties acquired during the six months ended…

• The $1.8 million decrease in tenant reimbursements is primarily attributable to a decrease in reimbursable tenant project activity.

Text removed vs the prior filing · source: 10-Q · 2026-04-27

• We anticipate that our cash flows from the sources listed below will provide adequate capital for the next 12 months for all anticipated uses, including all scheduled principal and interest payments on our outstanding indebtedness, current and anticipated tenant improvements, development activities …

• At March 31, 2026, the USD SOFR with a five day lookback (“SOFR”) was 3.63%. The current interest rate is not adjusted to include the amortization of deferred financing fees or debt issuance costs incurred in obtaining debt or any unamortized fair market value premiums. The spread over the applicabl…

• Our $400.0 million senior unsecured revolving credit facility had available capacity of $154.8 million at March 31, 2026, in addition to an accordion feature that provides us with additional capacity of up to $300.0 million, subject to syndication of the increase and the satisfaction of customary te…

• Our 2024 revolving credit facility, term loan facilities, notes payable, and mortgage notes payable are subject to ongoing compliance with a number of financial and other covenants. As of March 31, 2026, we were in compliance with all applicable financial covenants.

• The chart below details our debt capital structure as of March 31, 2026 (dollar amounts in thousands):

Text added vs the prior filing · source: 10-Q · 2026-08-03

• During the three months ended June 30, 2026, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) adopted, terminated or modified a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K).

Text removed vs the prior filing · source: 10-Q · 2026-04-27

• (a) On April 22, 2026, the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) approved the adoption of an Amended and Restated Executive Cash Severance Plan (the “Amended and Restated Executive Severance Plan”) under which Darrell W. Crate, our Chief Execu…

• The foregoing description of the Amended and Restated Executive Severance Plan does not purport to be complete and is subject to, and qualified in its entirety by, the full text of such plan, a copy of which is attached hereto as Exhibit 10.2 and incorporated herein by reference.

• (b) During the three months ended March 31, 2026, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) adopted, terminated or modified a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K).