What Changed
Risk factors · Oct 24, 2024 → Oct 23, 20253 added · 3 removed between the two most recent 10-Ks. The risks a company starts — or stops — disclosing are often the story.
Newly disclosed
- The controlling shareholder group includes a corporation that owns a significant percentage of the Company’s common stock and which does business with the Company, as further described in the Notes to the Consolidated Financial Statements contained in the 2025 Annual Report to Shareholders.
- This risk may be counter-balanced to a degree by the actions of the Company’s Board of Directors (the “Board”) which is made up of a majority of independent directors.
- We try to lease our properties to tenants with adequate finances.
No longer disclosed
- This risk may be counter-balanced to a degree by the actions of the Company’s Board of Directors (the “Board”) which is made up of a majority of independent directors. 1 Table of Contents The controlling shareholder group includes a corporation that owns a significant percentage of the Company’s common stock and which does business with the Company, as further described in the Notes to the Consolidated Financial Statements.
- Since 2020, the demand for commercial real estate rental space has declined.
- We also may be subject to environmental liability as an owner or operator of properties.