Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
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New words:
corroborated, fbo, inactive, input, multiple, observable, quoted
Removed:
agreed, anticipate, area, ASU, Authority, bankruptcy, broker, commenced, court, divide, FASB, footage, guarantor, guidance, life, listed, maintaining, measure, medical, methodology, motion, parent, Plasma, portfolio, possession, recognition, reject, remodel, reorganization, replace, replacement, responsible, returned, roof, separate, share, space, square, store, Topic, TSA, Update, USA, vacancy, vacant
Financial report summary
?Management Discussion
- For the three months ended March 31, 2024 and 2023, the Company recognized rental income of $422,584 and $400,144, respectively. Rental income increased due to multiple rent increases of various properties, as well as the purchase of an additional property in August 2023. This increase was partially offset by the sale of one property in February 2023 and one property in January 2024. Based on the scheduled rent for the properties owned as of April 30, 2024, the Company expects to recognize rental income of approximately $1,662,000 in 2024.