Company: GTY
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001193125-25-248819
Chunk: 5

Company: GETTY REALTY CORP /MD/
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 2
Chunk 5
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changes in market conditions affecting our tenants and their financial stability and creditworthiness, which would impact their compliance with lease obligations; 

•concentration of certain tenants in similar industries or concentration of our owned and leased properties in certain geographic locations;

•the amount of revenue we expect to realize from our properties, including renewal of existing leases, sale, acquisition or redevelopment opportunities;

•our belief that our real estate assets are not carried at amounts in excess of their estimated net realizable fair value amounts; 

•compliance of our properties with federal, state, and local provisions enacted or adopted pertaining to environmental matters; 

•our ability to maintain our federal tax status as a REIT, effects of U.S. federal tax reform and other legislative, regulatory, and administrative developments; 

•our competitive position in our industry, including the impact of existing legislation and regulations; 

•the cost and potential outcomes of current and future environmental and litigation matters, including those resulting from preexisting unknown environmental contamination and matters related to our former Newark, New Jersey Terminal and the Lower Passaic River, our MTBE multi-district litigation cases in the states of Pennsylvania and Maryland, and related accruals, estimates, and assumptions regarding our liabilities, remediation costs and expected recoveries;

•impact of global political and economic uncertainties, including changes in tariff policies and trade relationships, geopolitical conflicts, and public health crises, and their potential effects on our operations, tenant performance, and financial condition; 

•our ability to adequately secure our information technology systems and the regulated data stored therein, as required by law;

•the adequacy of our insurance coverage and that of our tenants on our owned and leased properties; 

•our ability to attract and retain key management personnel; 

•our workplace demographics, recruiting efforts, and employee compensation program; 

•our use of FFO and AFFO as measures that represent our core operating performance and its utility in comparing our core operating performance between periods;