Consensus is for FY23 FFO $2.00. Raises FY23 same property NOI growth expectations to 2.0%-3.5% from 1.5%-3.5%. Expectations for 2023 Nareit FFO include the expected gain on extinguishment of debt of approximately $4.3M, or 1c per diluted share, in the Q2; Do not contemplate any additional tenants moving to or from a cash basis of accounting, either of which may result in significant volatility in straight-line rental income; Do not include any additional items that impact FFO comparability, including transaction expenses, net, litigation and other non-routine legal expenses, and gain or loss on future extinguishment of debt or any one-time items.
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