We are exposed to various market risk exposures, including interest rate risk. The following discussion regarding our risk management activities includes forward-looking statements that involve risk and uncertainties. Estimates of future performance and economic conditions are reflected assuming certain changes in interest rates. Caution should be used in evaluating our overall market risk from the information presented below, as actual results may differ. Interest Rate Risk As discussed in greater detail in Note 8 of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, the Company uses interest rate swaps to manage its interest rate risk. Based on our proportionate share of consolidated and unconsolidated variable-rate debt at June 30, 2026, a 0.5% increase or decrease in interest rates on variable-rate debt would increase or decrease annual interest expense by approximately $1.4 million. Based on our proportionate share of total consolidated, unconsolidated and other debt at June 30, 2026, a 0.5% increase in interest rates would decrease the fair value of debt by approximately $30.8 million, while a 0.5% decrease in interest rates would increase the fair value of debt by approximately $31.5 million.