Content analysis
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H.S. sophomore Bad
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New words:
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Removed:
advanced, Application, Authority, Baird, benchmark, BNY, BofA, BTIG, CA, clear, cleared, closed, Concurrently, Conduct, conform, convened, Corporation, Creek, Deferral, establishment, expand, expanding, Facilitation, Fargo, funded, Incorporated, Interbank, June, LIBOR, line, lingering, LLC, London, Mellon, modify, offer, optional, partnership, past, penalty, practical, Ramirez, Raymond, recommended, reference, reform, repaid, replacing, Reserve, restated, Robert, Sacramento, Samuel, Size, Speed, sunset, TD, transition, Tulloch, USA, working, written, York
Financial report summary
?Management Discussion
- •PNOI increased by $13,293,000 ($0.28 per diluted share), or 13.6%, for the three months ended March 31, 2024, as compared to the same period in 2023. PNOI increased $5,516,000 from newly developed and value-add properties, $4,843,000 from same property operations, and $3,397,000 from 2023 and 2024 acquisitions; PNOI decreased $493,000 from operating properties sold in 2023 and 2024. Lease termination fee income was $147,000 and $55,000 for the three month periods ended March 31, 2024 and 2023, respectively. The Company recorded net reserves for uncollectible rent of $775,000 and $369,000 for the three months ended March 31, 2024 and 2023, respectively. Straight-lining of rent increased Income from real estate operations by $2,483,000 and $3,442,000 for the three months ended March 31, 2024 and 2023, respectively.