Encumbrances

Breakdown

Segment	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
St Petersburg, FL	$56.22M	$56.25M	$56.29M	$56.16M	$55.13M
Corpus Christi, TX	—	—	$45.14M	$45.12M	$45.13M
Louisville, KY	$43.13M	$43.16M	$42.38M	$41.58M	$40.73M
Collierville, TN	$32.51M	$39.51M	$39.57M	$39.27M	$38.75M
San Antonio, TX	$24.03M	$24.05M	$24.07M	$35.40M	$34.83M
Chicago, IL	$0.00	$0.00	$34.13M	$32.27M	$30.72M
Dallas, TX	$27.74M	$27.23M	$26.66M	$26.06M	$25.43M
Little Rock, AR	$19.49M	$25.37M	$25.42M	$25.36M	$24.99M
Houston, TX	$0.00	$0.00	$22.87M	$22.89M	$22.91M
Montgomery, AL	—	$20.90M	$20.92M	$20.78M	$20.41M
Baltimore, MD	$0.00	$0.00	$21.17M	$18.02M	$16.68M
Tampa, FL	$49.31M	$52.16M	$53.33M	$55.15M	$1.12M
Pittsburgh, PA	—	$0.00	$3.33M	$482.00K	$189.00K
Monroe, GA	—	—	—	—	$0.00
Indianapolis, IN	—	—	—	$0.00	$0.00
Total	—	—	—	—	—

Collierville, TNView metric

Corpus Christi, TXView metric

Little Rock, ARView metric

Louisville, KYView metric

Montgomery, ALView metric

San Antonio, TXView metric

Baltimore, MDView metric

Pittsburgh, PAView metric

Indianapolis, INView metric

St Petersburg, FLView metric

Segment	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
St Petersburg, FL	$56.22M	$56.25M	$56.29M	$56.16M	$55.13M
Corpus Christi, TX	—	—	$45.14M	$45.12M	$45.13M
Louisville, KY	$43.13M	$43.16M	$42.38M	$41.58M	$40.73M
Collierville, TN	$32.51M	$39.51M	$39.57M	$39.27M	$38.75M
San Antonio, TX	$24.03M	$24.05M	$24.07M	$35.40M	$34.83M
Chicago, IL	$0.00	$0.00	$34.13M	$32.27M	$30.72M
Dallas, TX	$27.74M	$27.23M	$26.66M	$26.06M	$25.43M
Little Rock, AR	$19.49M	$25.37M	$25.42M	$25.36M	$24.99M
Houston, TX	$0.00	$0.00	$22.87M	$22.89M	$22.91M
Montgomery, AL	—	$20.90M	$20.92M	$20.78M	$20.41M
Baltimore, MD	$0.00	$0.00	$21.17M	$18.02M	$16.68M
Tampa, FL	$49.31M	$52.16M	$53.33M	$55.15M	$1.12M
Pittsburgh, PA	—	$0.00	$3.33M	$482.00K	$189.00K
Monroe, GA	—	—	—	—	$0.00
Indianapolis, IN	—	—	—	$0.00	$0.00
Total	—	—	—	—	—