23 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisement Professional services firm KPMG LLP has built “one of the largest Web sites ever” in support of NetAid, the major fundraising initiative to help end extreme poverty around the world.It was built in under 90 days, and is designed to handle 60 million hits an hour. Read the PR Newswire news release and read UK Fundraising’s coverage of NetAid. Tagged with: Digital KPMG underpins NetAid by building major e-commerce site Howard Lake | 16 August 1999 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
Follow the news on Iraq Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan News to go further December 16, 2020 Find out more Help by sharing this information “We thank all those throughout the world, particularly the major Arabic media, who campaigned for the release of this young journalist. Our campaign will not be over until the three Iraqi reporters, Rim Zeid, Marwan Khazaal and Ali Abdullah Fayad have been released in their turn”, Reporters without borders said. IraqMiddle East – North Africa Organisation News Receive email alerts Reporters Without Borders hailed the news of the release of US hostage in Iraq, Jill Carroll, as a “huge relief”, saying that the campaign on her behalf had not been in vain.The international press freedom organisation also praised the “exemplary” courage and determination of her family.“We thank all those throughout the world, particularly the major Arabic media, who campaigned for the release of this young journalist,” the organisation said.But it added, “Our campaign will not be over until the three Iraqi reporters, Rim Zeid, Marwan Khazaal and Ali Abdullah Fayad have been released in their turn”. Reporters Without Borders expressed its extreme anxiety about a surge in kidnapping and murders of journalists in Iraq. “To date, at least 86 journalists and media assistants have been killed and 39 others have been kidnapped in the country since the start of the conflict, on 20 March 2003. This targeted brutality is repugnant and threatens the existence of independent news and information in Iraq,” the organisation added.Head of the Islamic Party in Iraq, Tariq al Hashimi, told Agence France-Presse (AFP) on 30 March 2006 that Jill Carroll had been released in the morning. A few hours later a source at the Iraqi interior ministry said that the journalist was in good health and had been taken to Baghdad’s heavily-defended “Green Zone”. Jill Carroll’s family and her newspaper, the Christian Science Monitor, confirmed her release.Carroll, who worked for the US daily as well as for Italian and Jordanian media, was abducted on 7 January 2006 in the Adel district, west of Baghdad. Her interpreter, Allan Enwiyah was shot dead during the kidnapping.Yesterday, the journalist’s twin sister, Katie Carroll, made an appeal to the kidnappers on Arabic television channels. In the past weeks, several Sunni religious figures in Iraq and elsewhere in the world had called for her release.Journalists Rim Zeid and Marwan Khazaal of the TV channel al-Sumariya were kidnapped in Baghdad, on 1st February 2006. Ali Abdullah Fayad, journalist on the tri-weekly al-Safir was abducted in Kut, south-east of the capital on 21 March 2006. February 15, 2021 Find out more Three jailed reporters charged with “undermining national security” News News RSF_en December 28, 2020 Find out more RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” March 30, 2006 – Updated on January 20, 2016 Release of Jill Carroll : A “huge relief” IraqMiddle East – North Africa
Follow the news on Zambia December 13, 2013 – Updated on January 20, 2016 Two journalists arrested after article questions police recruitment methods Help by sharing this information Coronavirus infects press freedom in Africa News News Reporter Without Borders condemns the arrest and detention of Richard Sakala and Simon Mwanza, respectively managing editor and production editor of the only opposition newspaper The Daily Nation, often critical of the government.The arrest of the two journalists on 10 December was linked to the publication of an interview with MacDonald Chipenzi, a former journalist and director of the Foundation for Democratic Process (FODEP), in which he questions the reasons for a change in the police recruitment process in Zambia.“The arrest and imprisonment of these journalists is entirely unjustified,” the press freedom organization said. “If the police wish to take issue with the allegations published by the Daily Nation, other means of redress exist and they have already taken the step of publishing a denial.”“Once again, the Zambian government has taken heavy-handed action. It is using the argument of national security to muzzle the only opposition newspaper. We urge that the journalists be released and the allegations against them dropped.” Chipenzi and the two journalists have been accused of publishing false news and causing alarm. They appeared in court after two days in custody and were granted bail of 10,000 kwacha (just over 1,300 euros). Their release was conditional on them finding two people employed by the government or a para- governmental organization to act as guarantors. Since they were unable to meet this condition, the three remain in prison. Their trial is due to open on 26 January.The Zambian police are categorized by Transparency International as the most corrupt department of the government.Zambia is 72nd of 179 countries in the 2013 World Press Freedom Index compiled by Reporters Without Borders. ZambiaAfrica to go further The 2020 pandemic has challenged press freedom in Africa Zambia : Outspoken Zambian TV channel suspended for 30 days Organisation ZambiaAfrica November 27, 2020 Find out more RSF_en Photo : Richard Sakala News March 29, 2020 Find out more Receive email alerts Reports March 12, 2019 Find out more
Business News More Cool Stuff HerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeautyYou’ll Want To Get Married Twice Or Even More Just To Put Them OnHerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeauty Your email address will not be published. Required fields are marked * Community News Make a comment Community News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy First Heatwave Expected Next Week Name (required) Mail (required) (not be published) Website Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena Museum of History brought its celebration of 2014 as a year of significant anniversaries within the City to a festive finale on Friday, September 19 at the Langham Huntington Hotel.Â The elegant, century-old hotel was both the event site and an honoree at the Museumâ€™s 2014 Contemporary History Maker Awards Dinner, whichÂ shone the spotlight on three of the Cityâ€™s brightest stars.The 2014 Contemporary History Makers joined an elite roster of individuals and organizations honored with this designation since PMH inaugurated the award in the year 2000.Â A Contemporary History Maker is defined as an individual, business, or corporation whose civic passion, innovative design, or charitable interests continue to shape Pasadena’s unique and rich heritage.This yearâ€™s honorees are:â€¢ Pasadena Tournament of RosesÂ® – Host of the Rose ParadeÂ® for 125 years and Rose Bowl GameÂ® for 100 yearsâ€¢ Rose Bowl Operating Company – Steward of the Iconic Stadium that is a Treasure for Pasadenaâ€¢ The Langham Huntington, Pasadena – Provider of 100 Years of Enchanting Hospitality in the Crown CityThe Festivities:The evening began at 6:30 p.m. with a lively al fresco cocktail reception and silent auction that featured an exclusive selection of dazzling opportunities.Following the reception and auction, guests moved inside the elegant hotel for fine dining at a three course seated dinner and program with Master of Ceremonies and 2013 Contemporary History Maker honoree Nat B. Read. Jazz musicians from the Pasadena Conservatory of Music enhanced the cocktail hour and pianist/composer/recording artist Gerry Bryant provided the dinnertime entertainment.Wells Fargo was Platinum Sponsor of this black tie event benefitting Pasadena Museum of Historyâ€™s educational programs.Â Party-goers enjoyed wines selected by Guest Sommelier Matt Nathanson, General Manager and Wine Director of The Royce Steakhouse at the Langham, in collaboration with the eveningâ€™s Sommelier Sponsor, Lagerlof, Senecal, Gosney & Kruse LLP.For more informationÂ about the Pasadena Musuem of History and their programs call (626) 577-1660 or visit www.pasadenahistory.org. Top of the News Benefits Pasadena Museum of History Honors 2014 Contemporary History Makers Pasadena Tournament of Roses, Rose Bowl Operating Company and Langham Huntington Pasadena, Feted at September 19 Gala STAFF REPORTS Published on Wednesday, September 24, 2014 | 2:42 pm EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes 16 recommended0 commentsShareShareTweetSharePin it Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena
“DISAPPOINTED and shocked,” was Minister Alan Shatter’s reaction to a critical report on conditions at Limerick Prison.The report, which identifies a gang culture, shared slop-out pots, overcrowding, dirty cells and low level intimidation, was published by the Inspector of Prisons, Judge Michael Reilly.Equally disturbed is the Irish Prison Service, whose director, general, Michael Donnellan, confirmed that they are putting an action plan in place immediately.Sign up for the weekly Limerick Post newsletter Sign Up Minister Shatter says the main focus of ongoing concern is the number of deficiencies previously identified by the inspector and not addressed by prison management.Hygiene and overcrowding must be dealt with immediately, according to the Irish Penal Reform.The report identifies 55 cells without sanitation, which, he says, pose a serious hygienic risk, and he points out that dirty conditions are exacerbated by the smell of sewage.“Slop- out pots have to be shared by some prisoners, and despite that the windows in most cells are broken, the air quality is still inadequate as prisoners tried to block the windows in winter.”Conditions for prisoners held in B division of the prison, on 23-hour lock-down, were referred to by Judge Reilly as “inhuman and degrading”.Goading of prisoners, threats of transfer and referencing ethnic backgrounds were also noted in the report regarding the low-level abuse and intimidation by a small number of prison officers.With immediate effect, the report recommended escorting prisoners in cells with no sanitation to toilets, the repair and cleaning of toilets and urinals, cleaning and repair of equipment in A and B divisions and painting of cells.Other recommendations include: Medical needs of new prisoners to be identified: high support unit for vulnerable prisoners and drug free support unit for prisoners who want to come off drugs.Judge Reilly is also calling for the reopening of workshops and the provision of recreation areas for prisoners in A and B divisions. At the time of going to press, the governor of Limerick prison was unavailable to comment on the report. Twitter Facebook NewsLocal NewsDamning report on Limerick prisonBy admin – January 19, 2012 552 WhatsApp Advertisement Print Email Linkedin Previous articleNine told to move on for anti-social carry on in cityNext articleUp to 85 ‘elderly’ beds for chop admin
% 70,223 ) FFOAA available to common shareholders of EPR Properties % (1) Represents pre-COVID contractual cash revenue plus pre-COVID percentage rent, both of which have been annualized. Effect of dilutive Series C preferred shares 1,045 $ $ $ 2019 (2) $ 2019 (2) $ 15,246 Less: accumulated amortization on intangible assets (Loss) income from discontinued operations 28,208 $ WhatsApp $ 2,132 Net (loss) income available to common shareholders (21,433 57,630 $ 989,254 $ 28,208 $ 78,485 1,768 — ) ) Other financial information: Funds From Operations as adjusted (FFOAA) (a non-GAAP financial measure) 338,623 $ 7,756 Liabilities and Equity Adjusted Funds From Operations (AFFO) (a non-GAAP financial measure) 0.18 Diluted 1.43 $ 76,782 361 75,994 74,615 2.32 — 6,704,185 Three Months Ended December 31, Add: Preferred dividends for Series E preferred shares (0.15 (1) The operating results for the three months and year ended December 31, 2020, include $2.4 million and $65.1 million of straight-line and other receivable write-offs, or $0.03 per share and $0.86 per share, respectively, related primarily to customers moved to cash basis for revenue recognition purposes during the year ended December 31, 2020. These write-offs are reflected in all metrics in these columns except that AFFO per diluted share for the three months and year ended December 31, 2020 excludes the impact of the straight-line portion of these write-offs totaling $1.0 million and $38.0 million, respectively. (2) The operating results of the Company’s public charter school portfolio for the three months and year ended December 31, 2019, include $1.2 million and $24.1 million in termination fees, respectively, and are included in all metrics in these columns except for total revenue from continuing operations. The remaining public charter school portfolio was sold during the fourth quarter of 2019. Fourth Quarter Company HeadlinesQuarterly Collections Continue to Ramp Up – Cash collections from customers continue to improve and were approximately 46% of pre-COVID contractual cash revenue for the fourth quarter. January and February 2021 cash collections increased to approximately 66% and 64% of pre-COVID contractual cash revenue, respectively.Significant Capital Recycling – During the fourth quarter, the Company received $224.0 million in net proceeds and recognized a net gain of $49.9 million from property dispositions including the exercise of a tenant purchase option on six private schools and four early childhood education centers.Strong Liquidity Position – The Company had cash on hand in excess of $1.0 billion at year-end. Subsequent to year-end, due to stronger collections, proceeds from dispositions and significant liquidity, the Company used a portion of its cash on hand to reduce borrowings under its unsecured revolving credit facility by $500.0 million, resulting in a remaining balance of $90.0 million on this $1.0 billion facility.Extension of Covenant Waivers – Waivers of certain covenants related to the Company’s bank credit facilities and private placement notes have been extended through December 31, 2021, subject to certain conditions as previously disclosed, providing additional flexibility to work through issues with customers as needed. CEO Comments “We have continued to successfully focus on several key areas in light of the ongoing impact of the pandemic, including improving cash collections, maintaining strong liquidity and remaining in compliance with our debt agreements,” stated Greg Silvers, Company President and CEO. “With 94% of our non-theatre tenants open and operating, we are encouraged by the resilience displayed by many of our tenants and anticipate that theatres will follow a similar pattern when they open more widely and key titles are consistently released. We are also pleased with the capital recycling we completed during the quarter, which allowed us to further enhance our balance sheet and progress in our evolution towards an experientially focused portfolio. While it will take time for a full post-vaccine rebound, we are optimistic as we are seeing stabilization, and believe that we remain solidly positioned with improving cash collections and strong liquidity.” COVID-19 Response and Update Collections and Property Openings Approximately 94% of the Company’s non-theatre and 60% of the Company’s theatre locations were open for business as of February 23, 2021. Cash collections from tenants and borrowers continued to improve and were 46% of pre-COVID contractual cash revenue for the fourth quarter vs. 29% and 43% in the second and third quarter, respectively. Such cash collections further increased to 66% and 64% in January and February of 2021, respectively. Pre-COVID contractual cash revenue is an operational measure and represents aggregate cash payments for which the Company was entitled under existing contracts prior to the COVID-19 pandemic, excluding percentage rent (rents received over base amounts) and cash payments for subsequently disposed properties, net. Customers representing approximately 95% of our pre-COVID contractual cash revenue are either paying their pre-COVID-19 contract rent or interest or have a deferral agreement in place. In those deferral agreements, we have granted approximately 5% of permanent rent and interest payment reductions. However, there can be no assurance that additional permanent rent or interest payment reductions or other term modifications will not occur in future periods in light of the continued adverse impact of the pandemic, particularly ongoing uncertainty in the theatre industry. Theatre Update Theatre operators are facing several challenges as they diligently try to reopen. As a result of the impact of the COVID-19 pandemic, some of the Company’s theatre locations remain closed due to state and local restrictions, including key markets in New York and California. Other theatres are closed by operator choice as movie studios have delayed the release of blockbuster movies in hopes that larger audiences will be available as additional markets open. The delay of these movie releases has had a significant negative impact on current and expected box office performance. Due to the challenges facing theatres and the continued uncertainty caused by the pandemic during 2020, the Company determined it was appropriate to begin recognizing revenue from AMC and Regal as well as certain other customers on a cash basis. Accordingly, the Company recorded write-offs of accounts receivable of approximately $2.4 million, or $0.03 per share, and $65.1 million, or $0.86 per share, for the three months and year ended December 31, 2020, respectively, related to tenants moved to cash-basis for revenue recognition purposes. The write-offs were recorded primarily as a reduction in rental revenue and consisted of $1.0 million and $38.0 million in straight line rent receivables and $1.4 million and $27.1 million of other receivables for the three months and year ended December 31, 2020, respectively. In addition, contractual and other rent abatements totaled $6.8 million and $13.6 million for the three months and year ended December 31, 2020, respectively. Below provides an update of classification of customers as of December 31, 2020: ) ($ in millions) 357,391 AFFO per common share: (10,909 814 (49,877 % Rental revenue Depreciation and amortization (12,693 181 Consolidated Statements of (Loss) Income 0.23 Total Investments: Transaction costs Costs associated with loan refinancing or payoff $ 5 13,088 15,009 1,939 74,615 (10,909 FFO per common share: Net (loss) income 80,577 $ 5.44 231 624 $ — $ ) 2,630,585 100 (809 Total equity 5.51 20,312 Operating lease right-of-use assets $ 33,027 2019 FFO available to common shareholders of EPR Properties ) 233 — 151,521 34,317 372,176 $ $ Capital Recycling On December 29, 2020, pursuant to a tenant purchase option, the Company completed the sale of six private schools and four early childhood education centers for net proceeds of $201.2 million and recognized a gain on sale of $39.7 million. The Company realized an unlevered internal rate of return of 13% over the life of its ownership of these assets. Additionally, during the quarter ended December 31, 2020, the Company completed the sale of four experiential properties and two land parcels for net proceeds totaling $22.8 million and recognized a combined gain on sale of $10.2 million. Strong Liquidity Position The Company remains focused on maintaining strong liquidity and financial flexibility through the pandemic. The Company’s cash provided by operations (which includes interest payments) was $5.8 million during the quarter. The Company has no scheduled debt maturities until 2022 and had over $1.0 billion of cash on hand at year-end. As previously disclosed, during the fourth quarter, the Company amended the agreements governing its bank credit facilities and private placement notes to, among other things, extend the waiver of the Company’s obligations to comply with certain covenants through the earlier of December 31, 2021, or when the Company provides notice that it elects to terminate the covenant relief period, subject to certain conditions. In January 2021, due to stronger collections, proceeds from dispositions and significant liquidity, the Company used $500.0 million of its cash on hand to reduce the balance outstanding on its $1.0 billion unsecured revolving credit facility from $590.0 million to $90.0 million. Other Charges As a result of the ongoing impact of the COVID-19 pandemic, the Company reassessed the expected holding period of four theatre properties during the fourth quarter, and determined that the estimated cash flows were not sufficient to recover the carrying value. Accordingly, during the three months ended December 31, 2020, the Company recognized non-cash impairment charges on real estate investments of $22.8 million for these properties. Also during the fourth quarter, the Company recognized credit loss expense totaling $20.3 million that primarily related to fully reserving the outstanding principal balance of $6.1 million and the unfunded commitment to fund $12.9 million related to notes receivable from one borrower, as a result of recent changes in the borrower’s financial status due to the COVID-19 pandemic. Additionally, during the fourth quarter, the Company recognized $2.9 million in severance expense. Portfolio Update The Company’s total investments (a non-GAAP financial measure) were approximately $6.5 billion at December 31, 2020 with Experiential totaling $5.9 billion, or 91%, and Education totaling $0.6 billion, or 9%. The Company’s Experiential portfolio (excluding property under development) consisted of the following property types (owned or financed) at December 31, 2020:178 theatre properties;55 eat & play properties (including seven theatres located in entertainment districts);18 attraction properties;13 ski properties;six experiential lodging properties;one gaming property;three cultural properties; andseven fitness & wellness properties. As of December 31, 2020, the Company’s owned Experiential portfolio consisted of approximately 19.3 million square feet, which was 93.8% leased and included $57.6 million in property under development and $20.2 million in undeveloped land inventory. The Company’s Education portfolio consisted of the following property types (owned or financed) at December 31, 2020:65 early childhood education center properties; and10 private school properties. As of December 31, 2020, the Company’s owned Education portfolio consisted of approximately 1.4 million square feet, which was 100% leased and included $3.0 million in undeveloped land inventory. The combined owned portfolio consisted of 20.7 million square feet and was 94.2% leased. Investment Update The Company’s investment spending for the three months ended December 31, 2020 totaled $22.8 million (bringing the year-to-date investment spending to $85.1 million), and included spending on Experiential build-to-suit development and redevelopment projects. Dividend Information The monthly cash dividend to common shareholders was suspended following the common share dividend paid on May 15, 2020 to shareholders of record as of April 30, 2020. The Company is restricted from paying dividends on its common shares during the covenant relief period, subject to certain limited exceptions, and there can be no assurances as to the Company’s ability to reinstitute cash dividend payments to common shareholders or the timing thereof. The Board declared its regular quarterly dividends to preferred shareholders of $0.359375 per share on its 5.75% Series C cumulative convertible preferred shares, $0.5625 per share on its 9.00% Series E cumulative convertible preferred shares and $0.359375 per share on its 5.75% Series G cumulative redeemable preferred shares. Conference Call Information Management will host a conference call to discuss the Company’s financial results on February 25, 2021 at 8:30 a.m. Eastern Time. The call may also include discussion of Company developments, and forward-looking and other material information about business and financial matters. The conference will be webcast and can be accessed via the Webcasts page in the Investor Center on the Company’s website located at https://investors.eprkc.com/webcasts. To access the call, audio only, dial (866) 587-2930 and when prompted, provide the passcode 5899833. You may watch a replay of the webcast by visiting the Webcasts page at https://investors.eprkc.com/webcasts. Quarterly and Year-end Supplemental The Company’s supplemental information package for the fourth quarter and year ended December 31, 2020 is available in the Investor Center on the Company’s website located at https://investors.eprkc.com/earnings-supplementals. 1,217 8,386 122,939 Impairment of real estate investments, net ) Deferred financing fees amortization 2019 ) (Unaudited, dollars in thousands except per share data) ) 2019 170,346 414,661 1.89 Accounts receivable write-offs from prior periods Depreciation and amortization 0.57 $ $ ) (1,364 Accumulated depreciation Mortgage and other financing income 23,225 General and administrative expense 11,142 Costs associated with loan refinancing or payoff Intangible assets, gross (1) 2,184 $ Real estate investments, net of accumulated depreciation 2020 ) ) (Unaudited, dollars in thousands) 812 Effect of dilutive Series E preferred shares 14,284 Net (loss) income Interest expense, net $ (250 Diluted FFO available to common shareholders of EPR Properties — ) (26,011 $ Total assets 23,789 $ 108,733 ) (131,728 Impairment on public charter school portfolio sale Impairment charges 0.39 0.18 WhatsApp Operating lease liabilities 2,206 365,628 86,858 170,333 Deferred financing costs, net (Loss) income before equity in loss from joint ventures, other items and discontinued operations 2,704,418 Gain on sale of real estate 47,520 (157,292 ) 94,174 651,969 $ $ $ (16,330 (4,552 749 ) ) ) Straight-line rental revenue 74,615 6,577,511 (0.35 46,371 AFFO available to common shareholders of EPR Properties FFO: Tenant reimbursements 2,868 ) Three Months Ended December 31, (19,575 Discontinued operations Year Ended December 31, 2019 ) (12,693 Allocated share of joint venture depreciation — 1,462 211,187 Land held for development 35,456 57,962 (Loss) income from continuing operations ) $ $ $ 735 ) (131,728 Diluted (21,433 $ 0.51 Rental revenue 6,577,511 Three Months Ended December 31, $ $ 178,107 Weighted average shares outstanding-diluted EPS 3,035 ) (528,763 68,633 402 ) — (1) Included in other income in the accompanying consolidated statements of income. Other income includes the following: $ — 5,784 Prepaid expenses and other current assets 99,160 — 870 $ 70,648 (19,977 ) 36,297 30,263 FFOAA available to common shareholders of EPR Properties 202,243 16,097 2020 ) $ 3,571,706 ) ) 103,036 0.39 (2.05 Adjusted EBITDAre Straight-lined ground sublease expense $ $ — 2020 (155,864 163,766 1.26 Income tax expense (benefit) Net (loss) income available to common shareholders of EPR Properties per share: 528,763 1.26 (809 4 Add: Preferred dividends for Series C preferred shares 76,782 (2) Includes leases for tenants accounted for on a cash basis and/or leases for tenants that have been or are expected to be restructured. This category includes AMC and Regal. 7,754 76,746 Interest expense, net Accounts payable and accrued liabilities 2,206 157,675 38,656 6,453,342 Equity in loss from joint ventures 1.26 2020 (1) — 1,062,087 Amounts above include the impact of discontinued operations, which are separately classified in the consolidated statements of (loss) income and comprehensive (loss) income. 84,011 Share-based compensation expense to management and trustees $ Gain on sale of real estate from discontinued operations 34,907 4,174 $ ) 6,577,511 ) EPR Properties Property operating expense ) 651,969 37 Dividends per common share $ — Discontinued operations Gain on insurance recovery (included in other income) (0.18 2020 $ 0.62 ) Rental revenue % 1,640 17,352 Restricted cash $ $ Impairment charges on joint ventures Credit loss expense 2.32 422,726 Basic 1.70 — 530 $ (3,516 Operating lease right-of-use assets 78,485 December 31, By Digital AIM Web Support – February 24, 2021 $ Property operating expense 7,195 December 31, ) December 31, 2019 $ 5,784 (11,377 $ 75,994 5,197,308 Shares used for computation (in thousands): 116,193 38,269 Pinterest 1,632 36,756 93,047 5,784 422,726 28,080 ) $ Investment in joint ventures Three Months EndedDecember 31, 814 Net Debt: 42,596 $ 25 2,433 2,677 $ $ — 2020 139,529 Debt 551 (14,565 50,119 (3,247 44,242 $ — $ 5.51 1.1250 Sold Properties $ Straight-line receivable write-offs from prior periods (2) 7,300 134,524 1.70 (114,972 $ 74,829 0.23 235,650 (10,909 Total liabilities 99,160 6,714,517 Debt 25,920 Property under development $ 75,994 30,695 FFO available to common shareholders of EPR Properties Basic (2.05 30 Costs associated with loan refinancing or payoff 5,436 1.25 33,346 2,677 170,717 42,398 (351 Mortgage and other financing income 21,291 ) 17,352 4,831 — 36,756 65,485 Total Assets 573 % 43 43 78,456 (7 154,765 1,823 ) 872 (0.35 (847 Income from discontinued operations before other items Net (loss) income available to common shareholders per diluted common share 13,088 $ 6,704,185 7,038,002 (21,433 Continuing operations (36,053 58,587 Allocated share of joint venture depreciation 6,070 $ (13,552 — 34,914 47,687 Non-GAAP Financial Measures Funds From Operations (FFO), Funds From Operations As Adjusted (FFOAA) and Adjusted Funds From Operations (AFFO) The National Association of Real Estate Investment Trusts (“NAREIT”) developed FFO as a relative non-GAAP financial measure of performance of an equity REIT in order to recognize that income-producing real estate historically has not depreciated on the basis determined under GAAP. Pursuant to the definition of FFO by the Board of Governors of NAREIT, the Company calculates FFO as net (loss) income available to common shareholders, computed in accordance with GAAP, excluding gains and losses from disposition of real estate and impairment losses on real estate, plus real estate related depreciation and amortization, and after adjustments for unconsolidated partnerships, joint ventures and other affiliates. Adjustments for unconsolidated partnerships, joint ventures and other affiliates are calculated to reflect FFO on the same basis. The Company has calculated FFO for all periods presented in accordance with this definition. In addition to FFO, the Company presents FFOAA and AFFO. FFOAA is presented by adding to FFO costs associated with loan refinancing or payoff, transaction costs, severance expense, preferred share redemption costs, impairment of operating lease right-of-use assets, termination fees associated with tenants’ exercises of public charter school buy-out options and credit loss expense and subtracting gain on insurance recovery and deferred income tax (benefit) expense. AFFO is presented by adding to FFOAA non-real estate depreciation and amortization, deferred financing fees amortization, share-based compensation expense to management and Trustees and amortization of above and below market leases, net and tenant allowances; and subtracting maintenance capital expenditures (including second generation tenant improvements and leasing commissions), straight-lined rental revenue (removing impact of straight-lined ground sublease expense), and the non-cash portion of mortgage and other financing income. FFO, FFOAA and AFFO are widely used measures of the operating performance of real estate companies and are provided here as a supplemental measure to GAAP net (loss) income available to common shareholders and earnings per share, and management provides FFO, FFOAA and AFFO herein because it believes this information is useful to investors in this regard. FFO, FFOAA and AFFO are non-GAAP financial measures. FFO, FFOAA and AFFO do not represent cash flows from operations as defined by GAAP and are not indicative that cash flows are adequate to fund all cash needs and are not to be considered alternatives to net income or any other GAAP measure as a measurement of the results of our operations or our cash flows or liquidity as defined by GAAP. It should also be noted that not all REITs calculate FFO, FFOAA and AFFO the same way so comparisons with other REITs may not be meaningful. The following table summarizes FFO, FFOAA and AFFO for the three months and year ended December 31, 2020 and 2019 and reconciles such measures to net (loss) income available to common shareholders, the most directly comparable GAAP measure: 140,731 Reconciliation of Non-GAAP Financial Measures % 4,937 Land held for development 22,832 108,733 2020 Gain on sale of real estate 365,628 Local NewsBusiness ) (247 ) 5,790 $ 30,263 (155,864 423 16,406 (0.35 438,696 86,858 $ $ 2,868 ) ) 8,433 30,263 143,430 $ 23,639 (0.18 Notes receivable and related accrued interest receivable, net 10,173 ) $ 6,606 75,994 $ ) 42,014 3,102,830 2,213 Impairment charges on joint ventures 1,939 Percentage rent (50,119 Gain on insurance recovery (5,648 3,040 150 — Non-real estate depreciation and amortization Accounts receivable 7,094 1.27 $ 85,657 Pinterest 1.43 Total other assets AFFO per diluted common share (a non-GAAP financial measure) ) 93,047 % Allocated share of joint venture interest expense $ ) ) 6,714,517 29,667 43 4.41 ) 99,667 21,291 38,450 $ 2020 $ 6,577,511 ) $ 45 $ 38,656 (14,565 354,133 FFOAA: 882 $ (19,977 $ Income tax (expense) benefit 37,241 31,879 38,656 Diluted AFFO available to common shareholders of EPR Properties 143,430 4,301 $ Other income — 34,317 Transaction costs 14,026 Real estate investments, net of accumulated depreciation of $1,062,087 and $989,254 at December 31, 2020 and 2019, respectively Classification of Customers 201 5,197,308 — ) 116,193 EPR Properties Reports Fourth Quarter and 2020 Year-end Results — — 6,740,695 7,756 Other expense ) ) ) Amortization of above and below market leases, net and tenant allowances 6,428 FFO available to common shareholders of EPR Properties 76,746 $ TAGS 74,615 $ 12,929 50,332 (480 Shares used for computation (in thousands): 30,695 2019 Deferred income tax (benefit) expense 42,014 Credit loss expense ) $ (4,115 ) 13,819 41,786 13,088 $ 17,352 Total revenue 82,309 ) $ 3,005,805 138 Year EndedDecember 31, 2019 1,621 99,667 $ (26,011 Other income 423,186 — ) 1,937 78,485 7,754 $ (Unaudited, dollars in thousands except per share data) Severance expense 108,733 Diluted Diluted FFOAA available to common shareholders of EPR Properties $ $ Diluted 103,543 (155,864 ) 23,789 ) AFFO: ) 2,164 Minimum rent $ Gain on sale of real estate 154,556 ) 338,623 ) $ 228 (1,025,577 1,080 96,923 (905 — Operating income from operated properties 0.23 Amounts above include the impact of discontinued operations, which are separately classified in the consolidated statements of (loss) income for all periods. (1) Impairment charges recognized during the year ended December 31, 2020 totaled $85.7 million, which was comprised of $70.7 million of impairments of real estate investments and $15.0 million of impairments of operating lease right-of-use assets. (2) Includes maintenance capital expenditures and certain second generation tenant improvements and leasing commissions. The conversion of the 5.75% Series C cumulative convertible preferred shares and the 9.00% Series E cumulative convertible preferred shares would be dilutive to FFO, FFOAA and AFFO per share for the three months and year ended December 31, 2019. Therefore, the additional common shares that would result from the conversion and the corresponding add-back of the preferred dividends declared on those shares are included in the calculation of diluted FFO, FFOAA and AFFO per share for these periods. Net Debt Net Debt represents debt (reported in accordance with GAAP) adjusted to exclude deferred financing costs, net and reduced for cash and cash equivalents. By excluding deferred financing costs, net and reducing debt for cash and cash equivalents on hand, the result provides an estimate of the contractual amount of borrowed capital to be repaid, net of cash available to repay it. The Company believes this calculation constitutes a beneficial supplemental non-GAAP financial disclosure to investors in understanding our financial condition. The Company’s method of calculating Net Debt may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. Gross Assets Gross Assets represents total assets (reported in accordance with GAAP) adjusted to exclude accumulated depreciation and reduced for cash and cash equivalents. By excluding accumulated depreciation and reducing cash and cash equivalents, the result provides an estimate of the investment made by the Company. The Company believes that investors commonly use versions of this calculation in a similar manner. The Company’s method of calculating Gross Assets may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. Net Debt to Gross Assets Net Debt to Gross Assets is a supplemental measure derived from non-GAAP financial measures that the Company uses to evaluate capital structure and the magnitude of debt to gross assets. The Company believes that investors commonly use versions of this ratio in a similar manner. The Company’s method of calculating Net Debt to Gross Assets may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. EBITDAre NAREIT developed EBITDAre as a relative non-GAAP financial measure of REITs, independent of a company’s capital structure, to provide a uniform basis to measure the enterprise value of a company. Pursuant to the definition of EBITDAre by the Board of Governors of NAREIT, the Company calculates EBITDAre as net (loss) income, computed in accordance with GAAP, excluding interest expense (net), income tax (benefit) expense, depreciation and amortization, gains and losses from disposition of real estate, impairment losses on real estate, costs associated with loan refinancing or payoff and adjustments for unconsolidated partnerships, joint ventures and other affiliates. Management provides EBITDAre herein because it believes this information is useful to investors as a supplemental performance measure as it can help facilitate comparisons of operating performance between periods and with other REITs. The Company’s method of calculating EBITDAre may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. EBITDAre is not a measure of performance under GAAP, does not represent cash generated from operations as defined by GAAP and is not indicative of cash available to fund all cash needs, including distributions. This measure should not be considered an alternative to net income or any other GAAP measure as a measurement of the results of the Company’s operations or cash flows or liquidity as defined by GAAP. Adjusted EBITDAre Management uses Adjusted EBITDAre in its analysis of the performance of the business and operations of the Company. Management believes Adjusted EBITDAre is useful to investors because it excludes various items that management believes are not indicative of operating performance, and that it is an informative measure to use in computing various financial ratios to evaluate the Company. The Company defines Adjusted EBITDAre as EBITDAre (defined above) for the quarter excluding gain on insurance recovery, severance expense, credit loss expense, transaction costs, impairment losses on operating lease right-of-use assets and prepayment fees. For the three months ended December 31, 2020, Adjusted EBITDAre was further adjusted to add back prior period receivable write-offs related to certain theatre tenants placed on cash basis or receiving abatements during the quarter. The Company’s method of calculating Adjusted EBITDAre may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. Adjusted EBITDAre is not a measure of performance under GAAP, does not represent cash generated from operations as defined by GAAP and is not indicative of cash available to fund all cash needs, including distributions. This measure should not be considered as an alternative to net income or any other GAAP measure as a measurement of the results of the Company’s operations or cash flows or liquidity as defined by GAAP. Reconciliations of debt, total assets and net (loss) income (all reported in accordance with GAAP) to Net Debt, Gross Assets, Net Debt to Gross Assets, EBITDAre and Adjusted EBITDAre (each of which is a non-GAAP financial measure), as applicable, are included in the following tables (unaudited, in thousands): (1) Included in other assets in the accompanying consolidated balance sheet. Other assets include the following: $ 3,349 3 13,180 $ 2,433 1,939 (119 % 20,312 ) $ ) 4 ) $ 44,530 8,386 $ Payments Deferred and Recognized as Revenue During Deferral Period (5,453 0.39 Straight-lined rental revenue (898 357,391 ) 7,754 $ $ (68,088 Year Ended December 31, — 38,656 Other assets $ $ (133 Net Debt Severance expense 6,453,342 1,931 (10,909 $ 42,838 ) ) Total revenue (402 1.18 $ Basic $ 7,300 Gain on sale of real estate Straight-line receivable write-offs from prior periods 1.19 — AFFO available to common shareholders of EPR Properties 3,694,443 31,879 2020 — $ 3,694,443 — — (1,062,087 50,573 — (24,136 $ 110 Basic 70,223 17,352 2020 (1) — $ 143,430 Income from settlement of foreign currency swap contracts — (Loss) income before income taxes 252 423,186 Annualized Revenue (1) 2,611,232 $ $ 36,297 (16,330 $ 42,838 78,456 5.44 ) (870 — 4.39 ) 1,632 $ 1.43 37,241 593,022 2,926 Total liabilities and equity (343 438,236 1.89 154.765 (26,011 7,756 14 288 — Non-cash portion of mortgage and other financing income 169,253 $ $ $ 163,766 (5,648 (0.35 Diluted $ ) 1.89 Property under development 2.32 Gain on insurance recovery (1) 2,868 93,412 2019 $ 60,739 $ Maintenance capital expenditures (2) No Payment Deferral $ ) 99,667 (24,136 — 2,868 13,088 — (2.05 ) 40 $ — 1,025,577 2,364 1,631 57,630 $ EPR Properties $ (2,411 35,458 $ $ 4.5000 Facebook (381 Condensed Consolidated Balance Sheets 5.44 5.44 1,491 Three Months Ended December 31, — (96 178,107 Cash and cash equivalents 2,364 EBITDAre Termination fees included in gain on sale 422,726 (989,254 158,834 35,552 $ Transaction costs $ $ (528,763 ) Preferred dividend requirements (19,977 The historical financial results of the public charter schools sold by the Company in 2019 are reflected in the Company’s consolidated statements of income as discontinued operations for the three months and year ended December 31, 2019. The operating results relating to discontinued operations are as follows (unaudited, dollars in thousands): 6,704,185 10,831 Total 423,186 Basic 1,931 47,687 (2.05 Real estate depreciation and amortization $ 3,247 1.5150 Investment in joint ventures ) 5,231 Depreciation and amortization Gross Assets 24,550 22,832 17 Impairment on public charter school portfolio sale Net Debt to Gross Assets $ 3,437 105,379 6,704,185 Year Ended December 31, 0.62 Unearned rents and interest 4,073,600 24,075 76,782 $ 2,868 178,107 4,851,302 EBITDAre and Adjusted EBITDAre: FFOAA per common share: $ Assets 2019 3,102,830 ) Twitter Dividends payable Add: Preferred dividends for Series C preferred shares 94,174 Add: Preferred dividends for Series E preferred shares $ — (16,756 $ 423,186 — 23,225 812 $ Less: accumulated amortization on intangible assets (1,025,577 551 (2,276 (91 50,862 Cash Basis/Lease Restructurings (2) Less: accumulated depreciation on real estate investments 40,277 $ 528,763 2020 ) $ FFOAA available to common shareholders of EPR Properties Severance expense (0.15 423 Cash and cash equivalents 814 16,474 Credit loss expense Net (loss) income available to common shareholders of EPR Properties Add: Preferred dividends for Series E preferred shares Accounts receivable write-offs from prior periods (2) — $ $ (809 — ) 37,165 $ 108,733 3,717 Add back accumulated depreciation on real estate investments ) (21,433 989,254 2019 ) (49,877 23,639 $ 414,661 13,088 Notes receivable and related accrued interest receivable, net (1) FFOAA per diluted common share (a non-GAAP financial measure) Three Months EndedDecember 31, 2019 ) 7,996 Miscellaneous income 74,615 (530 Adjusted weighted average shares outstanding-diluted Series C and Series E 968 968 Intangible assets, gross Impairment of operating lease right-of-use assets (1) (2) Included in rental revenue from continuing operations in the accompanying consolidated statements of (loss) income and comprehensive (loss) income. Rental revenue includes the following: KANSAS CITY, Mo.–(BUSINESS WIRE)–Feb 24, 2021– EPR Properties (NYSE:EPR) today announced operating results for the fourth quarter and year ended December 31, 2020 (dollars in thousands, except per share data): Three Months Ended December 31, $ Diluted 0.18 79,342 93,047 Costs associated with loan refinancing or payoff Total assets Total revenue from continuing operations $ Discontinued operations: 338,623 Add: Preferred dividends for Series C preferred shares 1,937 1,062,087 (6,034 Net (loss) income available to common shareholders of EPR Properties (2.05 0.57 ) 1,937 74,615 ) (6,034 Other rental revenue 237 92 Gross Assets: 809 84,011 (0.35 1.25 1,863 December 31, 2020 2019 — ) — 4,851,302 — Total Investments Total investments is a non-GAAP financial measure defined as the sum of the carrying values of real estate investments (before accumulated depreciation), land held for development, property under development, mortgage notes receivable (including related accrued interest receivable), investment in joint ventures, intangible assets, gross (before accumulated amortization and included in other assets) and notes receivable and related accrued interest receivable, net (included in other assets). Total investments is a useful measure for management and investors as it illustrates across which asset categories the Company’s funds have been invested. The Company’s method of calculating total investments may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. A reconciliation of total investments to total assets (computed in accordance with GAAP) is included in the following table (unaudited, in thousands): % 108,733 423 New Vacancies (11 28,080 — $ 812 Mortgage notes and related accrued interest receivable — 36,289 ) 23,639 EPR Properties $ ) — Twitter — $ Total investments 143,430 — 142,002 ) 9,139 202,223 ) 37 ) Impairment of real estate investments, net (1) $ 211,187 99,160 1,025,577 Mortgage notes and related accrued interest receivable ) 147,728 — Accounts receivable 22,832 $ Payments Deferred But Not Recognized as Revenue During Deferral Period — 75,994 Cash and cash equivalents ) 93,412 57,385 — ) Restricted cash $ Basic 57,962 20,312 $ Income from discontinued operations before other items (Loss) Income from discontinued operations 6,192 75,994 December 31, 2020 December 31, 2019 (4,301 $ 88 — 57,385 49,877 99,667 170,346 37 ) Continuing operations $ 35,456 Prepaid expenses and other current assets 361 0.51 14,026 Interest expense, net — 4,937 Total investments About EPR Properties EPR Properties is a leading experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have nearly $6.5 billion in total investments across 44 states. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns. Further information is available at www.eprkc.com. CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS The financial results in this press release reflect preliminary, unaudited results, which are not final until the Company’s Annual Report on Form 10-K is filed. With the exception of historical information, certain statements contained or incorporated by reference herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), such as those pertaining to the uncertain financial impact of the COVID-19 pandemic, our capital resources and liquidity, our expected cash flows and liquidity, continuing waivers of financial covenants related to our bank credit facilities and private placement notes, the performance of our customers, including AMC and Regal, our expected cash collections, expected use of proceeds from dispositions and our results of operations and financial condition. The estimates presented herein are based on the Company’s current expectations and, given the current economic uncertainty, there can be no assurances that the Company will be able to continue to comply with other applicable covenants under its debt agreements, which could materially impact actual performance. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of actual events. There is no assurance the events or circumstances reflected in the forward-looking statements will occur. You can identify forward-looking statements by use of words such as “will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “pipeline,” “estimates,” “offers,” “plans,” “would” or other similar expressions or other comparable terms or discussions of strategy, plans or intentions contained or incorporated by reference herein. Forward-looking statements necessarily are dependent on assumptions, data or methods that may be incorrect or imprecise. These forward-looking statements represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Many of the factors that will determine these items are beyond our ability to control or predict. For further discussion of these factors see “Item 1A. Risk Factors” in our most recent Annual Report on Form 10-K and, to the extent applicable, our Quarterly Reports on Form 10-Q. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof or the date of any document incorporated by reference herein. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Except as required by law, we do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date hereof. View source version on businesswire.com:https://www.businesswire.com/news/home/20210224006016/en/ CONTACT: EPR Properties Brian Moriarty, 888-EPR-REIT www.eprkc.com KEYWORD: MISSOURI UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: REIT PUBLIC RELATIONS/INVESTOR RELATIONS COMMUNICATIONS COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY SOURCE: EPR Properties Copyright Business Wire 2021. PUB: 02/24/2021 04:15 PM/DISC: 02/24/2021 04:15 PM http://www.businesswire.com/news/home/20210224006016/en $ Facebook ) Cash and cash equivalents 5,436 Previous articleBrigham Minerals, Inc. Announces the Appointment of Jon-Al Duplantier to the Board of DirectorsNext articleEvoqua Water Technologies Announces Upcoming Investor Events Digital AIM Web Support
News UpdatesCompassionate Empathy Should Be A Trait Of Public Servants; They Are Engaged For Public Service & Not To Rule Over Them: P&H High Court Sparsh Upadhyay6 Jan 2021 10:55 PMShare This – x”Compassionate empathy should be one of the traits/qualities of everyone manning a public office. The Constitution of India emphasizes that the public servants and other persons working in such offices are required to treat everyone equally irrespective of his caste, creed, religion or economic condition”, remarked the Punjab & Haryana High Court recently. The Bench of Justice…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?Login”Compassionate empathy should be one of the traits/qualities of everyone manning a public office. The Constitution of India emphasizes that the public servants and other persons working in such offices are required to treat everyone equally irrespective of his caste, creed, religion or economic condition”, remarked the Punjab & Haryana High Court recently. The Bench of Justice Anil Kshetarpal observed thus while setting aside the order of the Municipal Committee and affirmed by the Deputy Commissioner, Mewat at Nuh, sealing the property/building. The Bench also observed, “The persons holding such offices are required to be more sympathetic and compassionate while dealing with downtrodden and uneducated persons. The laws except the penal are enacted to regulate the ordinarily development of the society…The public servants are engaged for the service of the public and not to rule over them.” The matter The petitioner is in possession of a small building (located in Tauru, District Mewat) and he constructed shops in front and is residing in the rear portion. It was his case that since level of the road, passing in front of the building, had been increased/elevated, therefore, rainy/dirty water started flowing in the premises. On account thereof, the building also developed certain cracks. He submitted two applications to Municipal Committee, Tauru, for permission to reconstruct the shop and the house. The officials of the Municipal Committee inspected the building; however, no response was received. When no action was taken by the Committee, he started reconstruction. Further, the Municipal Committee sent him a notice on 27th March 2018 directing him to stop the construction and demolish whatever construction has already been carried out. He informed the Municipal Committee that he already applied for permission to construct vide applications dated 05th September 2017 & 21st November 2017; however, the Municipal Committee still did not take steps to process the application for sanction of the building plan. Thereafter, vide communicated dated 30th March 2018, he once again requested the officials of the Municipal Committee, that rainy as well dirty water of the locality flows in his house and therefore, he is compelled to increase the level of his constructed area. The Secretary of the Municipal Committee wrote a letter after a period of 4 months to the effect that the construction of the road is the job of the Public Works Department (Building and Roads) and the Municipal Committee does not give any verbal orders. The petitioner, thereafter, submitted a building plan pointing out that since the administration had elevated the level of the road and the street, therefore his building was now at a level lower than the street and the road and hence, he suffered a loss of Rs.5,00,000/-. On 04th September 2018 the building plan submitted by the petitioner was rejected on two grounds. First, the building plan had been filed without deposit of the required fee and secondly the petitioner had failed to provide evidence of ownership. On 19th September 2018, the petitioner once again submitted the building plan to Municipal Committee for approval. However, the Secretary of the Municipal Committee wrote back that the office was not satisfied with various communications received from him and the documents attached are not readable, therefore, the application was rejected and the Municipal Committee proposed to take steps in accordance with Section 208 of the 1973 Act. Thereafter, his premises was sealed. The petitioner filed an appeal before the Deputy Commissioner, Nuh against the order by which his premises was sealed. The Deputy Commissioner dismissed the appeal with the finding that the petitioner had constructed the building without getting the building plan sanctioned and since the petitioner could not produce evidence regarding his ownership, therefore, there is no error in the order. Court’s order The Court noted that Section 203A of the Haryana Municipal Act, 1973 had been inserted enabling the State government to regularize the building, whether constructed with or without sanction of the Municipal Committee in public interest. The Court also noted that the entire emphasise of the legislature is to encourage the residents to erect the buildings after getting the building plan sanctioned and if some building has been erected or re-erected in violation thereof and such construction is found within the permissible limits, then the construction should be regularised or the violation should be compounded. While noting that some construction was carried out without sanction of the building plan, the Court said, “In such situation, it was expected of the officials to have a compassionate view of the matter.” The Court further said, “However, it is not the case of the respondent that such building could not be constructed or is beyond the permissible limits. It is also not the case that the building has been constructed beyond floor area ratio. In such situation, the manner in which his various applications submitted by him have been dealt with, leaves much to desire. It is not expected of public officials to act in such a manner.” Hence, the Court said that the order passed by the Municipal Committee and affirmed by the Deputy Commissioner, Mewat at Nuh, sealing the property were undoubtably arbitrary exercise of power. The Court said, “It is not the case of the Municipal Committee that the petitioner in spite of having been issued notice, did not apply for sanction of the building plan. In fact, the petitioner applied before starting construction. It was the officials of the Municipal Committee, who sat over the file and did not respond in time.” Keeping in view the aforesaid facts, the writ petition is allowed. The order of sealing of the building was set aside. The Court also ordered judgment be forwarded to the Deputy Commissioner, Nuh at Mewat, “with a hope that he would take some steps to sensitize the concerned officials of the Municipal Committees within his jurisdiction.” Case title – Devender Kumar v. State of Haryana and others [Civil Writ Petition No.36932 of 2019(O&M)] Click Here To Download JudgmentRead JudgmentSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
Facebook Arranmore progress and potential flagged as population grows AudioHomepage BannerNews DL Debate – 24/05/21 Twitter Google+ Pinterest Derry draw with Pats: Higgins & Thomson Reaction RELATED ARTICLESMORE FROM AUTHOR News, Sport and Obituaries on Monday May 24th Claims repair work to local road hasn’t happened since 1999 WhatsApp Facebook By News Highland – February 12, 2019 Google+ Twitter Important message for people attending LUH’s INR clinic There are urgent calls on Donegal County Council to carry out repair works on Magheralask Road. The road, situated in Glenswilly, is the gateway to a significant number of homes in the area however it’s been claimed that the route has not been extensively improved upon since 1999.Residents have now deemed the road in a serious state of disrepair with the local authority asked to address the issues there.Cllr. Adrian Glackin says it’s leading to huge frustrations for people:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/02/aidyroad.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Previous article38 people awaiting beds at LUH as Saolta warns of busy EDNext articleBreaking: Elderly man in serious condition following West Donegal house fire News Highland WhatsApp FT Report: Derry City 2 St Pats 2 Pinterest
6:59 a.m.: India sees highest single-day rise in infectionsIndia reported a record spike in coronavirus infections on Thursday, just days before its nationwide lockdown is set to expire.The Indian Ministry of Health and Family Welfare registered 6,566 new cases of COVID-19 over the past 24 hours, bringing the tally to 158,333. There were also 194 deaths from the disease reported over the same period, placing the national toll at 4,531.Mumbai, India’s financial hub and most populous city, is the epicenter of the country’s novel coronavirus outbreak, with more than 33,000 cases of COVID-19 and nearly 1,200 deaths.India’s two-month-old lockdown is slated to end Sunday, but Prime Minister Narendra Modi is said to be preparing a new set of coronavirus-related guidelines to be issued this weekend.Modi’s government began easing restrictions earlier this month, allowing shops and factories to reopen as well as some trains and domestic flights to resume. Hotels, metro services, restaurants and schools have remained closed nationwide.6:07 a.m.: Russia reports record 174 new deaths, againRussia said Thursday it has registered 174 coronavirus-related deaths over the past 24 hours, bringing the nationwide toll to 4,142.It’s the second time this week that Russia’s coronavirus response headquarters has reported that same number of COVID-19 fatalities over a 24-hour period — the highest daily increase the country has seen so far. However, the overall tally is still considerably lower than many other nations hit hard by the coronavirus pandemic.There were also 8,915 new cases of COVID-19 registered in Russia over the last 24 hours, placing country’s count at 379,051.The latest daily caseload is down from a peak of 11,656 new infections reported on May 11, during which Russia registered over 10,000 new cases per day over a 12-day period. Since then, the daily number of new infections has hovered around 9,000 per day.Russian President Vladimir Putin began easing the nationwide lockdown earlier this month, despite a rising number of cases at the time.Last weekend, Brazil surpassed Russia as the country with the second-highest number of diagnosed COVID-19 cases in the world, behind the United States, according to a count kept by Johns Hopkins University.5:43 a.m.: Brazil’s president says Trump is sending hydroxychloroquine tabletsBrazilian President Jair Bolsonaro said Thursday that U.S. President Donald Trump is sending over 2 million tablets of the antimalarial drug hydroxychloroquine.Bolsonaro, a close ally of Trump, made the comment while speaking to a small group of supporters as well as members of the press outside the presidential palace in the capital Brasilia.“[Trump] is sending us, here, 2 million hydroxychloroquine tablets,” Bolsonaro said, without offering further details.A Brazilian source told ABC News that the deal is still being negotiated.Bolsonaro, who has come under fire for his handling of Brazil’s novel coronavirus outbreak, keeps promoting hydroxychloroquine as a treatment for COVID-19, although there’s no evidence the medication works as a prophylactic for the disease.Trump has also touted hydroxychloroquine as a possible “game changer” treatment for COVID-19 and announced earlier this month that he was taking daily doses of the drug as a preventive measure against the virus after two White House staffers tested positive.However, a recent study of more than 96,000 coronavirus patients in hospitals around the world found that those who were treated with chloroquine or its analogue hydroxychloroquine had a considerably higher risk of death than those who did not receive the antimalarial drugs. The findings, published last Friday in The Lancet medical journal, prompted the World Health Organization to halt global trials of hydroxychloroquine to treat COVID-19.Earlier this week, Trump suspended travel to the United States from Brazil as the South American country emerged as a new hotspot in the coronavirus pandemic. The new rule does not affect trade between the two nations.Brazil now has the second-highest number of diagnosed cases of COVID-19, behind the United States.3:50 a.m.: Blood clots clogged lungs of African American coronavirus victims, study findsAutopsies on 10 African American patients who died from COVID-19 show their lungs were filled with blood clots, according to a new study.The autopsies were performed at University Medical Center in New Orleans by a team of pathologists from the Louisiana State University Health Sciences Center New Orleans. It’s believed to be the first autopsy series on African Americans whose cause of death was attributed to COVID-19, according to the study, which was published Wednesday in monthly scientific journal The Lancet Respiratory Medicine.“We found that the small vessels and capillaries in the lungs were obstructed by blood clots and associated hemorrhage that significantly contributed to decompensation and death in these patients,” Dr. Richard Vander Heide, head of pathology research at LSU Health New Orleans School of Medicine, said in a statement. “We also found elevated levels of D-dimers — fragments of proteins involved in breaking down blood clots. What we did not see was myocarditis, or inflammation of the heart muscle, that early reports suggested significantly contributes to death from COVID-19.”The small vessel clotting is a new finding that appears to be specific to COVID-19, according to the study.The 10 deceased patients were black men and women between the ages of 40 and 70, many of whom had a history of hypertension, obesity, diabetes and chronic kidney disease. In all cases, the patients had experienced sudden respiratory decompensation or collapse at home approximately three to seven days after developing a mild cough and fever.The new findings come after some U.S. states released mortality data based on race and ethnicity that show the novel coronavirus kills black Americans at a disproportionately high rate.“Our study presents a large series of autopsies within a specific demographic experiencing the highest rate of adverse outcomes within the United States,” said Dr. Sharon Fox, another co-author of the study. Copyright © 2020, ABC Audio. All rights reserved Ovidiu Dugulan/iStockBy MORGAN WINSOR and EMILY SHAPIRO, ABC News(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 358,000 people worldwide.Over 5.9 million people across the globe have been diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some governments are hiding the scope of their nations’ outbreaks.Since the first cases were detected in China in December, the United States has become the worst-affected country, with over 1.7 million diagnosed cases and at least 101,562 deaths. Here’s how the news developed Thursday. All times Eastern:6:54 p.m.: More cases of child inflammatory illness reported in TexasA hospital in Texas has reported cases of children with multisystem inflammatory syndrome in children (MIS-C), a rare illness thought to be linked to the coronavirus.On Thursday, Texas Children’s Hospital in Houston confirmed it is treating both confirmed and suspected cases of MIS-C, KHOU reported. The number of cases was not specified.Last week, doctors at Cook Children’s Medical Center in Fort Worth announced four cases of MIS-C, Dallas ABC affiliate WFAA reported.An ABC News analysis has found more than 200 cases of the illness in at least 27 states and Washington, D.C.MIS-C resembles toxic shock syndrome and Kawasaki disease, a rare inflammatory disease in young children, and can be deadly. Symptoms include fever, rash, eye irritation, swollen lymph nodes and/or swelling of the hands and feet.4:50 p.m.: Bars, nightclubs can soon reopen in GeorgiaStarting June 1, Georgia residents can resume gatherings of up to 25 people, including to hold small weddings, as long as they stay 6 feet apart, Gov. Brian Kemp said Thursday.Until this announcement, gatherings of more than 10 people had been banned, but Kemp said, “Given favorable data … we feel comfortable incrementally increasing that number to 25.”Pro sports can resume starting June 1, the governor said.And starting June 1 bars and nightclubs can reopen if they comply with “strict sanitation and social distancing rules,” Kemp said.The bars and clubs “must meet 39 mandatory measures to ensure patron well-being,” Kemp said. Those measures include screening workers for illness, allowing only 25 people inside or 35% of total occupancy, and thorough and regular sanitations.Live performance venues will remain closed, he said. 4 p.m.: France cleared to transition to phase 2 of deconfinementFrance will transition to phase 2 of its deconfinement beginning June 2, Prime Minister Edouard Philippe announced Thursday.“We are even a little better than where we hoped to be,” Philippe said.With 28,599 COVID-19 fatalities, France has the fourth most total deaths behind the U.S., the United Kingdom and Italy.Cafes, restaurants and bars can reopen, but facilities like nightclubs and stadiums remain closed as all gatherings of more than 10 people remain prohibited.3:33 p.m.: 70 food plant workers test positive including 61 without symptomsSeventy workers at a Vancouver, Washington, food plant have tested positive for the coronavirus, including 61 employees who do not have any symptoms, said Josh Hinerfeld, CEO of Firestone Pacific Foods, according to ABC Portland affiliate KATU.After the first employee tested positive last week, the company has worked to test all employees, and about 20 still remain to be tested, KATU reported.It’s not clear how the outbreak started, KATU said. Hinerfeld said he will work with the local health department before deciding when to reopen.2:45 p.m.: Boston Marathon canceledThe 2020 Boston Marathon — which had been rescheduled for Sept. 14 — has now been canceled, and will instead be held as “a virtual event,” Boston Mayor Marty Walsh announced Thursday.This is the first time the race has been canceled its 124-year history, The New York Times reported.“All participants who were originally registered for the April 20, 2020 event will be offered a full refund of their entry fee associated with the race and will have the opportunity to participate in the virtual alternative to the 124th Boston Marathon, which can be run any time between September 7–14,” said Tom Grilk, C.E.O. of the Boston Athletic Association (B.A.A.). “The B.A.A. will also offer a series of virtual events and activities throughout September’s Marathon Week in an effort to bring the Boston Marathon experience to the constituencies that the organization serves here in Boston, across the United States, and around the world.” 11:15 a.m.: St. Louis County Executive calls Ozarks party ‘lack of judgment’After revelers were seen ignoring social distancing for a Memorial Day pool party at Lake of the Ozarks, Missouri, St. Louis County Executive Dr. Sam Page is calling their actions a “lack of judgment and lack of understanding of social distancing.”The St. Louis County Department of Health has issued an advisory urging those who recently ignored social distancing guidelines while at the Ozarks to self-quarantine for 14 days or until testing negative for the coronavirus.“The Ozarks is a popular destination for St. Louis county residents, so we issued a travel warning to let them know the right thing to do when they returned home,” Page told ABC News’ “Pandemic” on Thursday. “We want them to know what the right thing to do is when they come home to protect their loved ones in their community. We know that 20 and perhaps 50% are either asymptomatic or presymptomatic, but the social distancing guidelines are here for a reason and we’re working to keep people doing the right thing.”Page deemed the Ozarks party “bad behavior” and a “lack of judgment and lack of understanding of social distancing,” but added, “it’s completely inconsistent with what we’ve seen here in St. Louis County.”Page said the county is testing over 500 people per day with an aim to reach 1,000 tests per day.“We are well on our way,” he said. “We are purchasing more tests and that testing and contact tracing is the backbone of our public health response.” 10:45 a.m.: South Korea tightens restrictions in Seoul after spike in new casesThe Korean Centers for Disease Control reported 79 newly diagnosed COVID-19 cases on Thursday — the highest increase since early April.Restrictions will be tightened in Seoul and surrounding areas through June 14 to stem the spread, health authorities said, according to South Korea’s Yonhap News Agency.Bars and clubs are advised to close down and public facilities, including museums and art galleries, will be closed. Companies are urged to adopt flexible work systems and follow quarantine rules.“If we fail to eradicate the spread of the virus in the metropolitan area at an early stage, it will lead to more community infections, eventually undermining school reopenings,” Health Minister Park Neung-hoo told reporters, according to Yonhap.South Korea has reported a total of 11,344 confirmed COVID-19 cases and 269 deaths. 12 p.m.: NYC can do phase 1 reopening ‘very, very soon,’ mayor saysNew York state has a set of metrics to reopen each region, but when it comes to reopening dense, hard-hit New York City, Gov. Andrew Cuomo called it a “more difficult situation.”The governor said he’s putting a big focus on the city’s hot spots. By zip code, Cuomo said the hardest-hit spots are the outer boroughs, minority and lower income communities.Cuomo said the state is addressing the underlying health care inequality in these most-impacted communities by bringing more diagnostic testing, antibody testing, healthcare services and PPE.Earlier on Thursday, Mayor Bill de Blasio said the city is “getting to the point very, very soon where we can take the first step to restart in phase one.”Phase one could begin in the first or second week of June, he said, “if the numbers continue to hold.”This first phase includes opening nonessential retail — like clothing, office supplies, furniture and appliances — for curbside and in-store pickup only, the mayor said.He predicts 200,000 to 400,000 New Yorkers will be returning to work.All industries must keep 6 feet of social distancing, reduce occupancy to under 50% and limit confined space — like elevators and cash registers — to one person. Meetings should be limited and only in large, well-ventilated areas where participants can social distance, the mayor said.Employees must be provided with free face coverings and proper protective equipment, he added.Businesses also must implement health screenings where necessary, including temperature checks.The city’s Department of Buildings, Department of Consumer and Worker Protection and Small Business Services will educate, conduct outreach and support all businesses, the mayor said.New York City’s fire department, sanitation department and Department of Consumer and Worker Protection will conduct random visits to ensure compliance. Summonses will only be issued in “egregious circumstances or repeat violations,” the mayor said.The governor announced on Thursday that he’s signing an executive order authorizing businesses to deny entry to those who do not wear a mask or face covering.New York City has more than 225 testing sites, Cuomo said. He urged anyone who has a symptom or who has been exposed to someone positive to get tested.
Food Inspection Reports 7-5-18FacebookTwitterCopy LinkEmail