GTY — what changed in the latest 10-Q
A section-by-section comparison of GTY's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-23 vs the prior 10-Q · 2026-04-23
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +23 | −6 | ~42 | 71 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 2 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | Text added/removed | 0 | −2 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-23
The decrease in property operating expenses was primarily due to a decrease in reimbursable real estate taxes as we transitioned certain tenants to paying real estate taxes directly to the applicable taxing authorities, as well as lower rent expense and other non-reimbursable expenses.
The increase in general and administrative expenses was primarily due to increases in employee-related expenses and professional fees.
Six months ended June 30, 2026, compared to the six months ended June 30, 2025.
The following table presents select data and comparative results from our consolidated statements of operations for the six months ended June 30, 2026, as compared to the six months ended June 30, 2025 (in thousands):
The following table presents the results for revenues from rental properties for the six months ended June 30, 2026, as compared to the six months ended June 30, 2025 (in thousands):
Text removed vs the prior filing · source: 10-Q · 2026-04-23
The decrease in property operating expenses was primarily due to lower rent expense. The increase in leasing and redevelopment expenses was primarily due to an increase in professional fees related to leasing activities.
The increase in general and administrative expenses was primarily due to net non-recurring costs of $2.1 million related to the retirement of our former Chief Operating Officer, partially offset by decreases in professional fees and certain transaction related costs.
The decrease in net cash flow used in financing activities was primarily due to an $8.9 million increase in net proceeds from the issuance of common stock under the ATM Program and a $2.8 million decrease in payment of debt issuance costs, partially offset by an increase of $3.3 million in payments …
Unamortized debt issuance costs related to the Credit Facility were $3.2 million and $3.5 million as of March 31, 2026 and December 31, 2025, respectively, and are included in prepaid expenses and other assets on our consolidated balance sheets.
In February 2026, we completed a follow-on public offering of 4.0 million shares of common stock in connection with forward sales agreements. We expect to settle the forward sales agreements, typically within 12 months, via physical delivery of the outstanding shares of common stock in exchange for …
Legal proceedings
Text removed vs the prior filing · source: 10-Q · 2026-04-23
As more fully described in our Annual Report on Form 10-K for the year ended December 31, 2025, the State of Maryland, by and through the Attorney General on behalf of the Maryland Department of Environment and the Maryland Department of Health, filed a complaint on December 17, 2017 naming the Comp…
The Company and the State of Maryland have entered into a settlement agreement to resolve all claims in this matter for $0.5 million, which amount was funded by the Company on April 1, 2026. The amount of the settlement payment was previously accrued as a litigation reserve. Pursuant to the terms of…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice