The Operating Partnership is structured as a partnership with no publicly-traded equity. We also owned two development projects under construction as of this date. Maintaining a strong balance sheet continues to be one of our top priorities. The excise tax is based on the number of full-time employees. Our telephone number is (317) 577-5600. We focus on leadership development at every level of the organization. We may be unable to re-lease vacated space at attractive rents or at all. These risks could have an adverse effect on our cash flow and operating results. It may also limit our ability to recover all of our operating expenses. 3) Our declaration of trust and bylaws contain other possible anti-takeover provisions. This means that our shareholders will have limited control over changes in our policies. There is a risk that the tax laws applicable to REITs may change. In addition, two of our retail properties contain stand-alone office components. MINE SAFETY DISCLOSURES Not applicable.39PART II ITEM 5. Depreciation and amortization are suspended during the held-for-sale period. Any below-market renewal options are also considered in the in-place lease values. We did not acquire any properties in 2018. See additional discussion in Note 8 to the consolidated financial statements. Interest expense decreased $8.9 million or 15.0%. We also had $43.6 million in cash and cash equivalents as of December 31, 2020. Our Principal Liquidity Needs Short-Term Liquidity Needs Near-Term Debt Maturities. We do not have any fixed rate debt scheduled to mature during 2021. All internal control systems, no matter how well designed, have inherent limitations. We believe that our audits provide a reasonable basis for our opinion. A shortening of the anticipated holding period could indicate a potential impairment. 2016-02, Leases (Topic 842), and the related amendments. Actual results could differ from these estimates. The Operating Partnership guarantees the debt of these VIEs. This adjustment is reflected in our shareholders' and Parent Company\'s equity. As of December 31, 2020, we were in compliance with all such covenants. Therefore, we do not believe we have had any undistributed non-REIT earnings and profits. Ownership of Interests in Qualified REIT Subsidiaries. Income from Prohibited Transactions. We generally must make dividend distributions in the taxable year to which they relate. Thus, we may be able to avoid being taxed on amounts distributed as deficiency dividends. Failure to comply could result in monetary fines. If so, we might incur a tax liability without any related cash distributions. Qualifying income is generally real property rents and other types of passive income. See "-Requirements for Qualification as a REIT" and "-Annual Distribution Requirements." Rather, the distribution will reduce the adjusted basis of these shares. Passive Activity Losses and Investment Interest Limitations. Taxation of Holders of Our Warrants and RightsWarrants. Backup withholding is not an additional tax. Prospective holders should consult their own tax advisors regarding these possibilities. LJNG?^FC6*X#_@@U_P %YOV3_P!C#_@E!\\*? 1110 4444 %%%% M!1110 4444 %%%% ! H!10 5\\ _\\$\\?^4ZW_!13_NFW_J/3U]_44 ? 3!?Z=#H^JC5M.A MFUB)[A-+72[74=3M)$M+?[1\'%#J-Q((X?)-OT;\\=?\\ !! M1-4T?;J\\?\\$8?@E\\\' M?^":OPHAM? AO-(_P#DC_AT_\\ LL_]&T_ #_PW MFD?_ " 7G_QK_;*;\'2[J:W9W19EBGE M1FC+QR*& P3&XSD\' ! MW[4_P=\\/_$#X?^(-/\\5#?%5JMYIFIV;MY4\\2K JP#I(CJT?( I/?_##XK^%?CCX$L
