0001193125-14-400356.txt : 20141106 0001193125-14-400356.hdr.sgml : 20141106 20141106122820 ACCESSION NUMBER: 0001193125-14-400356 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20140930 FILED AS OF DATE: 20141106 DATE AS OF CHANGE: 20141106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL SENIOR LIVING CORP CENTRAL INDEX KEY: 0001043000 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-NURSING & PERSONAL CARE FACILITIES [8050] IRS NUMBER: 752678809 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13445 FILM NUMBER: 141199688 BUSINESS ADDRESS: STREET 1: 14160 DALLAS PARKWAY STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75254 BUSINESS PHONE: 9727705600 MAIL ADDRESS: STREET 1: 14160 DALLAS PARKWAY STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75254 10-Q 1 d802043d10q.htm FORM 10-Q Form 10-Q
Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 10-Q

 

 

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2014

OR

 

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                      to                     

Commission file number: 1-13445

 

 

Capital Senior Living Corporation

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   75-2678809
(State or Other Jurisdiction of   (I.R.S. Employer
Incorporation or Organization)   Identification No.)
14160 Dallas Parkway, Suite 300, Dallas, Texas   75254
(Address of Principal Executive Offices)   (Zip Code)

(972) 770-5600

(Registrant’s Telephone Number, Including Area Code)

NONE

(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)

 

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check One):

 

Large accelerated filer   ¨    Accelerated filer   x
Non-accelerated filer   ¨  (Do not check if a smaller reporting company)    Smaller reporting company   ¨

Indicate by a check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

As of October 31, 2014, the Registrant had 29,093,006 outstanding shares of its Common Stock, $0.01 par value, per share.

 

 

 


Table of Contents

CAPITAL SENIOR LIVING CORPORATION

INDEX

 

     Page
Number
 

Part I. Financial Information

  

Item 1. Financial Statements.

  

Consolidated Balance Sheets — September 30, 2014 and December 31, 2013

     4   

Consolidated Statements of Operations and Comprehensive Loss — Three and Nine Months Ended September  30, 2014 and 2013

     5   

Consolidated Statements of Cash Flows — Nine Months Ended September 30, 2014 and 2013

     6   

Notes to Unaudited Consolidated Financial Statements

     7   

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

     17   

Item 3. Quantitative and Qualitative Disclosures About Market Risk

     27   

Item 4. Controls and Procedures

     28   

Part II. Other Information

  

Item 1. Legal Proceedings

     28   

Item 1A. Risk Factors

     28   

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

     29   

Item 3. Defaults Upon Senior Securities

     29   

Item 4. Mine Safety Disclosures

     29   

Item 5. Other Information

     29   

Item 6. Exhibits

     29   

Signature

     30   

Certifications

  

 

3


Table of Contents

Part I. FINANCIAL INFORMATION

Item 1. FINANCIAL STATEMENTS

CAPITAL SENIOR LIVING CORPORATION

CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

 

     September 30,     December 31,  
     2014     2013  
     (unaudited)        
ASSETS     

Current assets:

    

Cash and cash equivalents

   $ 27,816      $ 13,611   

Restricted cash

     11,468        11,425   

Accounts receivable, net

     5,716        3,752   

Accounts receivable from affiliates

     6        416   

Federal and state income taxes receivable

     5,214        5,123   

Deferred taxes

     441        845   

Property tax and insurance deposits

     10,660        11,036   

Prepaid expenses and other

     3,525        6,605   
  

 

 

   

 

 

 

Total current assets

     64,846        52,813   

Property and equipment, net

     774,211        649,967   

Investments in unconsolidated joint ventures

     —          1,010   

Other assets, net

     40,696        41,759   
  

 

 

   

 

 

 

Total assets

   $ 879,753      $ 745,549   
  

 

 

   

 

 

 
LIABILITIES AND SHAREHOLDERS’ EQUITY     

Current liabilities:

    

Accounts payable

   $ 4,052      $ 3,813   

Accounts payable to affiliates

     11        1   

Accrued expenses

     32,524        29,321   

Current portion of notes payable

     37,636        11,918   

Current portion of deferred income

     13,376        11,215   

Current portion of capital lease and financing obligations

     981        948   

Customer deposits

     1,606        1,489   
  

 

 

   

 

 

 

Total current liabilities

     90,186        58,705   

Deferred income

     16,464        18,021   

Capital lease and financing obligations, net of current portion

     40,430        41,093   

Deferred taxes

     441        845   

Other long-term liabilities

     1,459        1,559   

Notes payable, net of current portion

     587,285        467,376   

Commitments and contingencies

    

Shareholders’ equity:

    

Preferred stock, $.01 par value:

    

Authorized shares – 15,000; no shares issued or outstanding

     —          —     

Common stock, $.01 par value:

    

Authorized shares – 65,000; issued and outstanding shares – 29,095 and 28,845 in 2014 and 2013, respectively

     294        292   

Additional paid-in capital

     149,482        143,721   

Retained (deficit) earnings

     (5,354     14,871   

Treasury stock, at cost – 350 shares

     (934     (934
  

 

 

   

 

 

 

Total shareholders’ equity

     143,488        157,950   
  

 

 

   

 

 

 

Total liabilities and shareholders’ equity

   $ 879,753      $ 745,549   
  

 

 

   

 

 

 

See accompanying notes to unaudited consolidated financial statements.

 

4


Table of Contents

CAPITAL SENIOR LIVING CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(unaudited, in thousands, except per share data)

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Revenues:

        

Resident and health care revenue

   $ 98,466      $ 86,333      $ 280,240      $ 256,409   

Affiliated management services revenue

     —          205        415        586   

Community reimbursement revenue

     17        1,445        3,110        4,432   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total revenues

     98,483        87,983        283,765        261,427   

Expenses:

        

Operating expenses (exclusive of facility lease expense and depreciation and amortization expense shown below)

     59,992        52,936        171,268        154,186   

General and administrative expenses

     5,515        5,026        15,137        15,029   

Facility lease expense

     14,841        14,274        44,524        42,813   

Stock-based compensation expense

     1,599        869        5,676        3,158   

Depreciation and amortization

     13,840        10,533        35,607        33,183   

Community reimbursement expense

     17        1,445        3,110        4,432   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses

     95,804        85,083        275,322        252,801   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income from operations

     2,679        2,900        8,443        8,626   

Other income (expense):

        

Interest income

     12        17        40        138   

Interest expense

     (8,255     (5,943     (22,785     (17,321

Write-off of deferred loan costs and prepayment premiums

     —          —          (6,979     —     

Joint venture equity investment valuation gain

     —          —          1,519        —     

(Loss) Gain on disposition of assets, net

     (1     13        (11     12   

Equity in earnings of unconsolidated joint ventures, net

     —          43        105        76   

Other income

     5        10        22        28   
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss before provision for income taxes

     (5,560     (2,960     (19,646     (8,441

Provision for income taxes

     (199     (7,003     (579     (5,668
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss

   $ (5,759   $ (9,963   $ (20,225   $ (14,109
  

 

 

   

 

 

   

 

 

   

 

 

 

Per share data:

        

Basic net loss per share

   $ (0.20   $ (0.35   $ (0.70   $ (0.49
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net loss per share

   $ (0.20   $ (0.35   $ (0.70   $ (0.49
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding — basic

     28,371        27,911        28,273        27,769   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding — diluted

     28,371        27,911        28,273        27,769   
  

 

 

   

 

 

   

 

 

   

 

 

 

Comprehensive loss

   $ (5,759   $ (9,963   $ (20,225   $ (14,109
  

 

 

   

 

 

   

 

 

   

 

 

 

See accompanying notes to unaudited consolidated financial statements.

 

5


Table of Contents

CAPITAL SENIOR LIVING CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited, in thousands)

 

     Nine Months Ended
September 30,
 
     2014     2013  

Operating Activities

    

Net loss

   $ (20,225   $ (14,109

Adjustments to reconcile net loss to net cash provided by operating activities:

    

Depreciation and amortization

     35,607        33,183   

Amortization of deferred financing charges

     999        822   

Amortization of deferred lease costs and lease intangibles

     922        978   

Deferred income

     604        (344

Deferred income taxes

     —          5,505   

Write-off of deferred loan costs and prepayment premiums

     6,979        —     

Joint venture equity investment valuation gain

     (1,519     —     

Loss (Gain) on disposition of assets, net

     11        (12

Equity in earnings of unconsolidated joint ventures

     (105     (76

Provision for bad debts

     517        330   

Stock-based compensation expense

     5,676        3,158   

Changes in operating assets and liabilities:

    

Accounts receivable

     (2,481     241   

Accounts receivable from affiliates

     410        433   

Property tax and insurance deposits

     376        (1,058

Prepaid expenses and other

     3,080        (867

Other assets

     756        (3,101

Accounts payable

     249        (4,424

Accrued expenses

     3,203        4,142   

Federal and state income taxes receivable/payable

     (91     3,523   

Customer deposits

     117        (22
  

 

 

   

 

 

 

Net cash provided by operating activities

     35,085        28,302   

Investing Activities

    

Capital expenditures

     (13,394     (9,888

Cash paid for acquisitions

     (145,555     (53,741

Proceeds from disposition of assets

     4        18   

Proceeds from SHPIII/CSL Transaction

     2,532        —     

Distributions from unconsolidated joint ventures

     102        97   
  

 

 

   

 

 

 

Net cash used in investing activities

     (156,311     (63,514

Financing Activities

    

Proceeds from notes payable

     267,685        56,939   

Repayments of notes payable

     (128,553     (20,534

Increase in restricted cash

     (43     (1,239

Cash payments for capital lease and financing obligations

     (630     (558

Cash proceeds from the issuance of common stock

     169        2,761   

Excess tax benefits on stock option exercised

     (82     (1,445

Deferred financing charges paid

     (3,115     (684
  

 

 

   

 

 

 

Net cash provided by financing activities

     135,431        35,240   
  

 

 

   

 

 

 

Increase in cash and cash equivalents

     14,205        28   

Cash and cash equivalents at beginning of period

     13,611        18,737   
  

 

 

   

 

 

 

Cash and cash equivalents at end of period

   $ 27,816      $ 18,765   
  

 

 

   

 

 

 

Supplemental Disclosures

    

Cash paid during the period for:

    

Interest

   $ 20,873      $ 16,058   
  

 

 

   

 

 

 

Income taxes

   $ 714      $ 677   
  

 

 

   

 

 

 

See accompanying notes to unaudited consolidated financial statements.

 

6


Table of Contents

CAPITAL SENIOR LIVING CORPORATION

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2014

1. BASIS OF PRESENTATION

Capital Senior Living Corporation, a Delaware corporation (together with its subsidiaries, the “Company”), is one of the largest operators of senior living communities in the United States in terms of resident capacity. The Company owns, operates and manages senior living communities in geographically concentrated regions throughout the United States. As of September 30, 2014, the Company operated 116 senior living communities in 26 states with an aggregate capacity of approximately 15,000 residents, including 66 senior living communities which the Company owned and 50 senior living communities that the Company leased. As of September 30, 2014, the Company also operated one home care agency. The accompanying consolidated financial statements include the financial statements of Capital Senior Living Corporation and its wholly owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. The Company accounts for significant investments in unconsolidated companies, in which the Company has significant influence, using the equity method of accounting.

The accompanying Consolidated Balance Sheet, as of December 31, 2013, has been derived from audited consolidated financial statements of the Company for the year ended December 31, 2013, and the accompanying unaudited consolidated financial statements, as of and for the three and nine month periods ended September 30, 2014 and 2013, have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to those rules and regulations. For further information, refer to the financial statements and notes thereto for the year ended December 31, 2013, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 3, 2014.

In the opinion of the Company, the accompanying consolidated financial statements contain all adjustments (all of which were normal recurring accruals) necessary to present fairly the Company’s financial position as of September 30, 2014, results of operations for the three and nine month periods ended September 30, 2014 and 2013, and cash flows for the nine month periods ended September 30, 2014 and 2013. The results of operations for the three and nine month periods ended September 30, 2014, are not necessarily indicative of the results for the year ending December 31, 2014.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Investments in Unconsolidated Joint Ventures

The Company accounted for its investments in three unconsolidated joint ventures under the equity method of accounting. The Company had not consolidated these joint venture interests because the Company had concluded that the other member of each joint venture had substantive kick-out rights or substantive participating rights. Under the equity method of accounting, the Company recorded its investments in unconsolidated joint ventures at cost and adjusted such investments for its share of earnings and losses of the joint ventures. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions.”

Lease Accounting

The Company determines whether to account for its leases as either operating, capital or financing leases depending on the underlying terms of each lease agreement. This determination of classification is complex and requires significant judgment relating to certain information including the estimated fair value and remaining economic life of the community, the Company’s cost of funds, minimum lease payments and other lease terms. As of September 30, 2014, the Company leased 50 senior living communities, 48 of which the Company classified as operating leases and two of which the Company classified as capital lease and financing obligations. The Company incurs lease acquisition costs and amortizes these costs over the term of the respective lease agreement. Certain leases entered into by the Company qualified as sale/leaseback transactions, and as such, any related gains have been deferred and are being amortized over the respective lease term. Facility lease expense in the Company’s Consolidated Statements of Operations and

 

7


Table of Contents

Comprehensive Loss includes rent expense plus amortization expense relating to leasehold acquisition costs slightly offset by the amortization of deferred gains and lease incentives. There are various financial covenants and other restrictions in the Company’s lease agreements. The Company was in compliance with all of its lease covenants at September 30, 2014.

Credit Risk and Allowance for Doubtful Accounts

The Company’s resident receivables are generally due within 30 days from the date billed. Accounts receivable are reported net of an allowance for doubtful accounts, and represent the Company’s estimate of the amount that ultimately will be collected. The adequacy of the Company’s allowance for doubtful accounts is reviewed on an ongoing basis, using historical payment trends, write-off experience, analyses of receivable portfolios by payor source and aging of receivables, as well as a review of specific accounts, and adjustments are made to the allowance as necessary. Credit losses on resident receivables have historically been within management’s estimates, and management believes that the allowance for doubtful accounts adequately provides for expected losses.

Employee Health and Dental Benefits and Insurance Reserves

The Company offers certain full-time employees an option to participate in its health and dental plans. The Company is self-insured up to certain limits and is insured if claims in excess of these limits are incurred. The cost of employee health and dental benefits, net of employee contributions, is shared between the corporate office and the senior living communities based on the respective number of plan participants. Funds collected are used to pay the actual program costs including estimated annual claims, third-party administrative fees, network provider fees, communication costs, and other related administrative costs incurred by the plans. Claims are paid as they are submitted to the Company’s third-party administrator. The Company records a liability for outstanding claims and claims that have been incurred but not yet reported. This liability is based on the historical claim reporting lag and payment trends of health insurance claims. Management believes that the liability for outstanding losses and expenses is adequate to cover the ultimate cost of losses and expenses incurred at September 30, 2014; however, actual claims and expenses may differ. Any subsequent changes in estimates are recorded in the period in which they are determined.

The Company uses a combination of insurance and self-insurance for workers’ compensation. Determining the reserve for workers’ compensation losses and costs that the Company has incurred as of the end of a reporting period involves significant judgments based on projected future events including potential settlements for pending claims, known incidents which may result in claims, estimates of incurred but not yet reported claims, changes in insurance premiums, estimated litigation costs and other factors. The Company regularly adjusts these estimates to reflect changes in the foregoing factors. However, since this reserve is based on estimates, the actual expenses incurred may differ from the amounts reserved. Any subsequent changes in estimates are recorded in the period in which they are determined.

Income Taxes

At September 30, 2014, the Company had recorded on its Consolidated Balance Sheet net deferred tax assets of approximately $0.4 million and net deferred tax liabilities of approximately $0.4 million. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The effective tax rates for the first nine month periods and third quarters of fiscal 2014 and 2013 differ from the statutory tax rates due to state income taxes, permanent tax differences, and changes in the deferred tax asset valuation allowance. The Company is impacted by the Texas Margin Tax (“TMT”), which effectively imposes tax on modified gross revenues for communities within the State of Texas. During the third quarter of fiscal 2014 and third quarter of fiscal 2013, the Company consolidated 36 Texas communities and the TMT increased the overall provision for income taxes.

Income taxes are computed using the asset and liability method and current income taxes are recorded based on amounts refundable or payable in the current year. Deferred income taxes are recorded based on the estimated future tax effects of loss carryforwards and temporary differences between financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates that are expected to apply to taxable income in the years in which we expect those carryforwards and temporary differences to be recovered or settled. Management regularly evaluates the future realization of deferred tax assets and provides a valuation allowance, if considered necessary, based on such evaluation. As part of the evaluation, management has evaluated taxable income in carryback years, future reversals of taxable temporary differences, feasible tax planning strategies, and future expectations of income. Based upon this analysis, an adjustment to the valuation allowance of $2.1 million and $7.5 million was recorded during the third quarters of fiscal 2014 and 2013, respectively, to increase the valuation allowance provided to $16.3 million and $7.5 million at September 30, 2014 and 2013, respectively, and reduce the Company’s net

 

8


Table of Contents

deferred tax assets to the amount that is more likely than not to be realized. However, in the event that we were to determine that it would be more likely than not that the Company would realize the benefit of deferred tax assets in the future in excess of their net recorded amounts, adjustments to deferred tax assets would increase net income in the period such determination was made. Additionally, the benefits of the net deferred tax assets might not be realized if actual results differ from expectations.

The Company evaluates uncertain tax positions through consideration of accounting and reporting guidance on criteria, measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition that is intended to provide better financial-statement comparability among different companies. The Company is required to recognize a tax benefit in its financial statements for an uncertain tax position only if management’s assessment is that such position is “more likely than not” (i.e., a greater than 50% likelihood) to be upheld on audit based only on the technical merits of the tax position. The Company’s policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as income tax expense. The Company is generally no longer subject to federal and state income tax audits for tax years prior to 2010.

Net Loss Per Share

Basic net loss per common share is computed by dividing net loss remaining after allocation to unvested restricted shares by the weighted average number of common shares outstanding for the period. Potentially dilutive securities consist of unvested restricted shares and shares that could be issued under outstanding stock options. Potentially dilutive securities are excluded from the computation of net loss per common share if their effect is antidilutive.

The following table sets forth the computation of basic and diluted net loss per common share (in thousands, except for per share amounts):

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Net loss

   $ (5,759   $ (9,963   $ (20,225   $ (14,109

Net loss allocated to unvested restricted shares

   $ (143   $ (309   $ (513   $ (441

Undistributed net loss allocated to common shares

   $ (5,616   $ (9,654   $ (19,712   $ (13,668

Weighted average shares outstanding – basic

     28,371        27,911        28,273        27,769   

Effects of dilutive securities:

        

Employee equity compensation plans

     —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding – diluted

     28,371        27,911        28,273        27,769   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic net loss per share

   $ (0.20   $ (0.35   $ (0.70   $ (0.49
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net loss per share

   $ (0.20   $ (0.35   $ (0.70   $ (0.49
  

 

 

   

 

 

   

 

 

   

 

 

 

Awards of unvested restricted stock representing approximately 715,000 and 884,000 shares were outstanding for the three months ended September 30, 2014 and 2013, respectively, and awards of unvested restricted stock representing approximately 725,000 and 887,000 shares were outstanding for the nine months ended September 30, 2014 and 2013, respectively, and were included in the computation of allocable net loss.

Treasury Stock

The Company accounts for treasury stock under the cost method and includes treasury stock as a component of stockholders’ equity.

Recently Issued Accounting Guidance

In April 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new and expanded disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The guidance provided in ASU 2014-08 is applied prospectively and is effective for fiscal years beginning on or after December 15, 2014; however, early adoption is permitted.

 

9


Table of Contents

3. TRANSACTIONS WITH AFFILIATES

SHPIII/CSL Miami

In May 2007, the Company with Senior Housing Partners III, L.P. (“SHPIII”) formed SHPIII/CSL Miami, LLC (“SHPIII/CSL Miami”) to develop a senior housing community in Miamisburg, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Miami for its 10% interest. The Company accounted for its investment in SHPIII/CSL Miami under the equity method of accounting and recognized earnings (losses) in the equity of SHPIII/CSL Miami of $8,500 and $(600) during the six month periods ended June 30, 2014 and 2013, respectively. In addition, the Company earned $0.1 million in management fees on the SHPIII/CSL Miami community in each of the six month periods ended June 30, 2014 and 2013. On June 30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Miami. For additional information refer to Note 4, “Acquisitions.”

SHPIII/CSL Richmond Heights

In November 2007, the Company with SHPIII formed SHPIII/CSL Richmond Heights, LLC (“SHPIII/CSL Richmond Heights”) to develop a senior housing community in Richmond Heights, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Richmond Heights for its 10% interest. The Company accounted for its investment in SHPIII/CSL Richmond Heights under the equity method of accounting and recognized earnings in the equity of SHPIII/CSL Richmond Heights of $70,700 and $23,700 during the six month periods ended June 30, 2014 and 2013, respectively. In addition, the Company earned $0.2 million and $0.1 million in management fees on the SHPIII/CSL Richmond Heights community during the six month periods ended June 30, 2014 and 2013, respectively. On June 30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Richmond Heights. For additional information refer to Note 4, “Acquisitions.”

SHPIII/CSL Levis Commons

In December 2007, the Company with SHPIII formed SHPIII/CSL Levis Commons, LLC (“SHPIII/CSL Levis Commons”) to develop a senior housing community near Toledo, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Levis Commons for its 10% interest. The Company accounted for its investment in SHPIII/CSL Levis Commons under the equity method of accounting and recognized earnings in the equity of SHPIII/CSL Levis Commons of $25,400 and $9,900 during the six month periods ended June 30, 2014 and 2013, respectively. In addition, the Company earned $0.1 million in management fees on the SHPIII/CSL Levis Commons community in each of the six month periods ended June 30, 2014 and 2013. On June 30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Levis Commons. For additional information refer to Note 4, “Acquisitions.”

4. ACQUISITIONS

Fiscal 2014

Effective August 27, 2014, the Company closed the acquisition of one senior living community located in Plymouth, Wisconsin, for approximately $13.5 million (the “Plymouth Transaction”). The community consists of 69 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $10.4 million of the acquisition price at a fixed rate of 4.70% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective August 4, 2014, the Company closed the acquisition of one senior living community located in Roanoke, Virginia, for approximately $16.8 million (the “Roanoke Transaction”). The community consists of 60 assisted living units and 34 independent living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $12.9 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective August 4, 2014, the Company closed the acquisition of one senior living community located in Oshkosh, Wisconsin, for approximately $17.1 million (the “Oshkosh Transaction”). The community consists of 90 assisted living units. The Company incurred

 

10


Table of Contents

approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $13.2 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective June 30, 2014, the Company acquired 100% of the members’ equity interests in SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons for approximately $83.6 million (the “SHPIII/CSL Transaction”). Prior to the acquisition, Senior Housing Partners III, a fund managed by Prudential Investment Management Inc. (“Prudential Investment”) maintained a 90% equity interest in each joint venture with the remaining 10% equity interest in each joint venture held by wholly owned subsidiaries of the Company. Based on the Company acquiring the remaining ownership interests of the joint ventures, the Company concluded the acquisition took the form of a “step-acquisition” or a “business combination achieved in stages.” Further, with the Company obtaining complete ownership of the joint ventures, the act of obtaining control triggered the application of the acquisition model in Accounting Standards Codification (“ASC”) 805, Business Combinations, which resulted in the new equity ownership interest being remeasured at fair value and the acquired assets and assumed liabilities measured at their full fair values. The remeasurement fair value of the equity interests were determined based on the cash proceeds, including incentive distributions, received by the Company in accordance with each respective joint venture partnership agreement. Accordingly, the Company recognized a gain of approximately $1.5 million during the second quarter of fiscal 2014 which was reflected as a joint venture equity investment valuation gain within the Company’s Consolidated Statements of Operations and Comprehensive Loss.

On June 30, 2014, in conjunction with the SHPIII/CSL Transaction, the Company obtained $16.4 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Miami. The new mortgage loan has a 10-year term with a fixed interest rate of 4.30% and the principal amortized over a 30-year term. The Company also obtained $23.7 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights. The new mortgage loan has a 10-year term with a fixed interest rate of 4.48% and the principal amortized over a 30-year term. The Company obtained interim, interest only, financing of $21.6 million from Wells Fargo Bank, N.A. (“Wells Fargo”) for the acquisition of SHPIII/CSL Levis Commons with a variable interest rate of LIBOR plus 2.75% and a 24-month term. The balance of the acquisition price was paid from the Company’s existing cash resources. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss.

Effective March 26, 2014, the Company closed the acquisition of one senior living community located in Lambertville, Michigan, for $14.6 million (the “Aspen Grove Transaction”). The community consists of 78 assisted living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for $11.0 million of the acquisition price at a fixed rate of 5.43% with a 12-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

As a result of these acquisitions, for which the purchase accounting is preliminary as it is subject to final valuation adjustments, the Company recorded additions to property and equipment of approximately $132.9 million and other assets of approximately $12.7 million, primarily consisting of in-place lease intangibles, within the Company’s Consolidated Balance Sheets which will be depreciated or amortized over the estimated useful lives.

Fiscal 2013

Effective December 24, 2013, the Company closed the acquisition of three senior living communities located in Plainfield, Fort Wayne, and Charlestown, Indiana, for $57.0 million (the “Indiana Transaction”). The communities consist of 48 independent living units and 304 assisted living units. The Company incurred approximately $0.3 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $43.7 million of the acquisition price at fixed rates of 5.56% with 10-year terms with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective December 24, 2013, the Company closed the acquisition of one senior living community located in Spartanburg, South Carolina, for approximately $7.9 million (the “Dillon Pointe Transaction”). The community consists of 36 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $5.6 million of the acquisition price at a fixed rate of 5.56% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

 

11


Table of Contents

Effective October 31, 2013, the Company closed the acquisition of one senior living community located in Milford, Massachusetts, for approximately $15.8 million (the “Whitcomb House Transaction”). The community consists of 68 assisted living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $11.9 million of the acquisition price at a fixed rate of 5.38% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective October 23, 2013, the Company closed the acquisition of one senior living community located in Fitchburg, Wisconsin, for approximately $16.0 million (the “Fitchburg Transaction”). The community consists of 82 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $11.9 million of the acquisition price at a fixed rate of 5.50% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective September 30, 2013, the Company closed the acquisition of one senior living community located in Oakwood, Georgia, for approximately $11.8 million (the “Oakwood Transaction”). The community consists of 64 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained interim financing from Berkadia Commercial Mortgage LLC (“Berkadia”) for approximately $8.5 million of the acquisition price at a variable interest rate of LIBOR plus 3.75% with a maturity date of October 10, 2015, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective September 5, 2013, the Company closed the acquisition of one senior living community located in Middletown, Ohio, for $9.9 million (the “Middletown Transaction”). The community consists of 61 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $7.6 million of the acquisition price at a fixed interest rate of 5.93% with a 10-year term, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective June 28, 2013, the Company closed the acquisition of one senior living community located in Greencastle, Indiana, for $6.3 million (the “Autumn Glen Transaction”). The community consists of 52 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained interim financing from Berkadia for approximately $4.6 million of the acquisition price at a variable interest rate of LIBOR plus 3.75% with a maturity date of July 10, 2015, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective May 31, 2013, the Company closed the acquisition of one senior living community located in St. Joseph, Missouri, for $19.1 million (the “Vintage Transaction”). The community consists of 80 assisted living units and 22 independent living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $14.5 million of the acquisition price at a fixed interest rate of 5.30% with a 12-year term, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective March 7, 2013, the Company closed the acquisition of one senior living community located in Elkhorn, Nebraska, for approximately $6.7 million (the “Elkhorn Transaction”). The community consists of 64 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for $4.0 million of the acquisition price at a fixed interest rate of 4.66% with a 10-year term, with the balance of the acquisition price paid from the Company’s existing cash resources.

As a result of these acquisitions, the Company recorded additions to property and equipment of approximately $135.4 million and other assets of approximately $15.1 million, primarily consisting of in-place lease intangibles, within the Company’s Consolidated Balance Sheets which will be depreciated or amortized over the estimated useful lives.

 

12


Table of Contents

5. DEBT TRANSACTIONS

On August 27, 2014, in conjunction with the Plymouth Transaction, the Company obtained $10.4 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.70% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

On August 4, 2014, in conjunction with the Roanoke Transaction, the Company obtained $12.9 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term and is cross-collateralized and cross-defaulted with the mortgage debt obtained in conjunction with the Oshkosh Transaction. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

On August 4, 2014, in conjunction with the Oshkosh Transaction, the Company obtained $13.2 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term and is cross-collateralized and cross-defaulted with the mortgage debt obtained in conjunction with the Roanoke Transaction. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

On June 30, 2014, in conjunction with the SHPIII/CSL Transaction, the Company obtained $16.4 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Miami. The new mortgage loan has a 10-year term with a fixed interest rate of 4.30% and the principal amortized over a 30-year term. The Company also obtained $23.7 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights. The new mortgage loan has a 10-year term with a fixed interest rate of 4.48% and the principal amortized over a 30-year term. The Company obtained interim, interest only, financing of $21.6 million from Wells Fargo for the acquisition of SHPIII/CSL Levis Commons with a variable interest rate of LIBOR plus 2.75% and a 24-month term. The Company incurred approximately $0.5 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms.

On June 27, 2014, the Company refinanced mortgage loans totaling approximately $111.9 million from Freddie Mac associated with 15 of its senior living communities (the “Freddie Mac Refinance”). The Company obtained approximately $135.5 million of mortgage debt for 12 of the senior living communities from Fannie Mae. These new mortgage loans have 10-year terms with fixed interest rates of 4.24% and the principal amortized over 30-years. The Company obtained interim, interest only, financing of $9.3 million from Berkadia Commercial Mortgage LLC (“Berkadia”) for two of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 12-month term. The Company also obtained interim, interest only, financing of $11.8 million from Berkadia for one of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 24-month term. The Company incurred approximately $1.7 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms. As a result of the refinance, the Company received approximately $36.5 million in cash proceeds. As a result of the early repayment of the existing mortgage debt with Freddie Mac, the Company accelerated the amortization of approximately $0.5 million in unamortized deferred financing costs and incurred a prepayment premium of approximately $6.5 million.

On May 31, 2014, the Company renewed certain insurance policies and entered into a finance agreement totaling approximately $1.7 million. The finance agreement has a fixed interest rate of 1.92% with principal being repaid over a 9-month term.

On March 26, 2014, in conjunction with the Aspen Grove Transaction, the Company obtained $11.0 million of mortgage debt from Fannie Mae. The new mortgage loan has a 12-year term with a 5.43% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.2 million in deferred financing costs related to this loan, which is being amortized over 12 years.

On March 25, 2011, the Company issued standby letters of credit, totaling approximately $2.6 million, for the benefit of Health Care REIT, Inc. (“HCN”) on certain leases between HCN and the Company.

On September 10, 2010, the Company issued standby letters of credit, totaling approximately $2.2 million, for the benefit of HCN on certain leases between HCN and the Company.

On April 16, 2010, the Company issued standby letters of credit, totaling approximately $1.7 million, for the benefit of HCN on certain leases between HCN and the Company.

The senior housing communities owned by the Company and encumbered by mortgage debt are provided as collateral under their respective loan agreements. At September 30, 2014 and December 31, 2013, these communities carried a total net book value of approximately $723.6 million and $601.2 million, respectively, with total mortgage loans outstanding of approximately $623.9 million and $476.2 million, respectively.

 

13


Table of Contents

In connection with the Company’s loan commitments described above, the Company incurred financing charges that were deferred and amortized over the terms of the respective notes. At September 30, 2014 and December 31, 2013, the Company had gross deferred loan costs of approximately $8.4 million and $7.7 million, respectively. Accumulated amortization was approximately $2.2 million and $3.2 million at September 30, 2014 and December 31, 2013, respectively.

The Company must maintain certain levels of tangible net worth and comply with other restrictive covenants under the terms of certain promissory notes. The Company was in compliance with all of its debt covenants at September 30, 2014 and December 31, 2013.

6. EQUITY

Preferred Stock

The Company is authorized to issue preferred stock in series and to fix and state the voting powers and such designations, preferences and relative participating, optional or other special rights of the shares of each such series and the qualifications, limitations and restrictions thereof. Such action may be taken by the Company’s board of directors without stockholder approval. The rights, preferences and privileges of holders of common stock are subject to the rights of the holders of preferred stock. No preferred stock was outstanding as of September 30, 2014 and December 31, 2013.

Share Repurchases

On January 22, 2009, the Company’s board of directors approved a share repurchase program that authorized the Company to purchase up to $10.0 million of the Company’s common stock. Purchases may be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or block trades, or by any combination of such methods, in accordance with applicable insider trading and other securities laws and regulations. The size, scope and timing of any purchases will be based on business, market and other conditions and factors, including price, regulatory and contractual requirements or consents, and capital availability. The repurchase program does not obligate the Company to acquire any particular amount of common stock and the share repurchase authorization has no stated expiration date. Shares of stock repurchased under the program will be held as treasury shares. Pursuant to this authorization, during fiscal 2009, the Company purchased 349,800 shares at an average cost of $2.67 per share for a total cost to the Company of approximately $0.9 million. All such purchases were made in open market transactions. The Company has not purchased any additional shares of its common stock pursuant to the Company’s share repurchase program subsequent to fiscal 2009.

7. STOCK-BASED COMPENSATION

The Company recognizes compensation expense for share-based stock awards to certain employees and directors, including grants of employee stock options and awards of restricted stock, in the Company’s Consolidated Statements of Operations and Comprehensive Loss based on their fair values.

On May 8, 2007, the Company’s stockholders approved the 2007 Omnibus Stock and Incentive Plan for Capital Senior Living Corporation (as amended, the “2007 Plan”), which provides for, among other things, the grant of restricted stock awards and stock options to purchase shares of the Company’s common stock. The 2007 Plan authorizes the Company to issue up to 2.6 million shares of common stock and the Company has reserved shares of common stock for future issuance pursuant to awards under the 2007 Plan. Effective May 8, 2007, the 1997 Omnibus Stock and Incentive Plan (as amended, the “1997 Plan”) was terminated and no additional shares will be granted under the 1997 Plan. The Company has reserved shares of common stock for future issuance upon the exercise of stock options that remain outstanding pursuant to the 1997 Plan.

Stock Options

The Company’s stock option program is a long-term retention program that is intended to attract, retain and provide incentives for employees, officers and directors and to more closely align stockholder and employee interests. The Company’s stock options generally vest over a period of one to five years and the related expense is amortized on a straight-line basis over the vesting period.

 

14


Table of Contents

A summary of the Company’s stock option activity and related information for the nine month period ended September 30, 2014, is presented below:

 

     Outstanding at
Beginning of
Period
     Granted      Exercised      Forfeited      Outstanding at
End of Period
     Options
Exercisable
 

Shares

     19,000         —           13,000         —           6,000         6,000   

Weighted average exercise price per share

   $ 7.10       $ —         $ 6.48       $ —         $ 8.44       $ 8.44   

The options outstanding and the options exercisable at September 30, 2014, each had an intrinsic value of approximately $0.1 million.

Restricted Stock

The Company may grant restricted stock awards to certain employees, officers, and directors in order to attract, retain, and provide incentives for such individuals and to more closely align stockholder and employee interests. For restricted stock awards without performance-based vesting conditions, the Company records compensation expense for the entire award on a straight-line basis over the requisite service period, which is generally a period of three to four years, but such awards are considered outstanding at the time of grant since the holders thereof are entitled to dividends and voting rights. For restricted stock awards with performance-based vesting conditions, total compensation expense is recognized over the requisite service period for each separately vesting tranche of the award as if the award is, in substance, multiple awards once the performance target is deemed probable of achievement. Performance goals are evaluated periodically, and if such goals are not ultimately met or it is not probable the goals will be achieved, no compensation expense is recognized and any previously recognized compensation expense is reversed.

The Company recognizes compensation expense of a restricted stock award over its respective vesting or performance period based on the fair value of the award on the grant date, net of forfeitures. A summary of the Company’s restricted stock awards activity and related information for the nine month period ended September 30, 2014, is presented below:

 

     Outstanding at
Beginning of Period
     Granted      Vested      Forfeited/Cancelled      Outstanding at
End of Period
 

Shares

     870,217         341,716         392,047         104,643         715,243   

The restricted stock outstanding at September 30, 2014, had an intrinsic value of approximately $15.2 million.

During the nine months ended September 30, 2014, the Company granted 341,716 shares of restricted common stock to certain employees and directors of the Company, of which 121,667 shares were subject to performance-based vesting conditions. The average market value of the common stock on the date of grant was $25.41. These awards of restricted shares vest over a one to four-year period and had an intrinsic value of approximately $8.7 million on the date of grant. During the nine months ended September 30, 2014, the Company cancelled 104,643 shares of restricted common stock granted of which 15,000 shares related to forfeitures associated with certain employee separations from the Company and the remaining 89,643 shares related to stock awards for which certain performance-based vesting conditions had not been met.

Stock-Based Compensation

The Company uses the Black-Scholes option pricing model to estimate the grant date fair value of its stock options. The Black-Scholes model requires the input of certain assumptions including expected volatility, expected dividend yield, expected life of the option and the risk free interest rate. The expected volatility used by the Company is based primarily on an analysis of historical prices of the Company’s common stock. The expected term of options granted is based primarily on historical exercise and vesting patterns on the Company’s outstanding stock options. The risk free rate is based on zero-coupon U.S. Treasury yields in effect at the date of grant with the same period as the expected option life. The Company does not currently plan to pay dividends on its common stock and therefore has used a dividend yield of zero in determining the fair value of its awards. The option forfeiture rate assumption used by the Company, which affects the expense recognized as opposed to the fair value of the awards, is based primarily on the Company’s historical option forfeiture patterns. The Company issued no stock options during each of the first nine months of fiscal 2014 and 2013.

The Company has total stock-based compensation expense, including estimated forfeitures, of $8.4 million, which was not recognized as of September 30, 2014, and expects this expense to be recognized over approximately a one to four-year period.

 

15


Table of Contents

8. CONTINGENCIES

The Company has claims incurred in the normal course of its business. Most of these claims are believed by management to be covered by insurance, subject to normal reservations of rights by the insurance companies and possibly subject to certain exclusions in the applicable insurance policies. Whether or not covered by insurance, these claims, in the opinion of management, based on advice of legal counsel, should not have a material effect on the consolidated financial statements of the Company if determined adversely to the Company.

9. FAIR VALUE OF FINANCIAL INSTRUMENTS

The carrying amounts and fair values of financial instruments at September 30, 2014, and December 31, 2013, are as follows (in thousands):

 

     2014      2013  
     Carrying
Amount
     Fair Value      Carrying
Amount
     Fair Value  

Cash and cash equivalents

   $ 27,816       $ 27,816       $ 13,611       $ 13,611   

Restricted cash

     11,468         11,468         11,425         11,425   

Notes payable

     624,921         601,472         479,294         459,708   

The following methods and assumptions were used in estimating its fair value disclosures for financial instruments:

Cash and cash equivalents and Restricted cash: The carrying amounts reported in the Company’s Consolidated Balance Sheets for cash and cash equivalents and restricted cash approximate fair value.

Notes payable: The fair value of notes payable is estimated using discounted cash flow analysis, based on current incremental borrowing rates for similar types of borrowing arrangements, which represent level 2 inputs as defined in the accounting standards codification.

 

16


Table of Contents

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

Certain information contained in this report constitutes “Forward-Looking Statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which can be identified by the use of forward-looking terminology such as “may,” “will,” “would,” “intend,” “could,” “believe,” “expect,” “anticipate,” “estimate” or “continue” or the negative thereof or other variations thereon or comparable terminology. The Company cautions readers that forward-looking statements, including, without limitation, those relating to the Company’s future business prospects, revenues, working capital, liquidity, capital needs, interest costs, and income, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to several important factors herein identified. These factors include the Company’s ability to find suitable acquisition properties at favorable terms, financing, licensing, business conditions, risks of downturn in economic conditions generally, satisfaction of closing conditions such as those pertaining to licensure, availability of insurance at commercially reasonable rates, and changes in accounting principles and interpretations, among others, and other risks and factors identified from time to time in the Company’s reports filed with the Securities and Exchange Commission (“SEC”).

Overview

The following discussion and analysis addresses (i) the Company’s results of operations for the three and nine month periods ended September 30, 2014 and 2013, and (ii) liquidity and capital resources of the Company, and should be read in conjunction with the Company’s consolidated financial statements contained elsewhere in this report and the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

The Company is one of the largest operators of senior living communities in the United States. The Company’s operating strategy is to provide value to its senior living residents by providing quality senior living services at reasonable prices, while achieving and sustaining a strong, competitive position within its geographically concentrated regions, as well as to continue to enhance the performance of its operations. The Company provides senior living services to the elderly, including independent living, assisted living, and home care services.

Many of the Company’s communities offer a continuum of care to meet its residents’ needs as they change over time. This continuum of care, which integrates independent living and assisted living and is bridged by home care through independent home care agencies or the Company’s home care agency, sustains residents’ autonomy and independence based on their physical and mental abilities.

As of September 30, 2014, the Company operated 116 senior living communities in 26 states with an aggregate capacity of approximately 15,000 residents, including 66 senior living communities that the Company owned and 50 senior living communities that the Company leased. As of September 30, 2014, the Company also operated one home care agency.

Significant Financial and Operational Highlights

The Company primarily derives its revenue by providing senior living and healthcare services to the elderly. When comparing the third quarter of fiscal 2014 to the third quarter of fiscal 2013, the Company generated total revenues of approximately $98.5 million compared to total revenues of approximately $88.0 million, respectively, representing an increase of approximately $10.5 million, or 11.9%, of which approximately 100.0% of these revenues consisted of senior living resident and healthcare services provided during the third quarter of fiscal 2014 compared to 98.1% during the third quarter of fiscal 2013. The increase in revenues primarily results from the senior living communities acquired by the Company during fiscal 2014 and subsequent to the second quarter of fiscal 2013.

The weighted average financial occupancy rate for our consolidated communities for the third quarters of fiscal 2014 and 2013 was 87.2% and 85.8%, respectively. Additionally, the Company experienced an increase in average monthly rental rates for its consolidated communities of 1.4% when comparing the third quarter of fiscal 2014 to the third quarter of fiscal 2013. The weighted average financial occupancy rate for our consolidated communities for the first nine months of fiscal 2014 and 2013 was 87.6% and 86.4%, respectively. Additionally, the Company experienced an increase in average monthly rental rates for its consolidated communities of 2.0% when comparing the first nine months of fiscal 2014 to the first nine months of fiscal 2013.

Effective August 27, 2014, the Company closed the acquisition of one senior living community located in Plymouth, Wisconsin, for approximately $13.5 million. The community consists of 69 assisted living units. The Company obtained financing from Fannie Mae for approximately $10.4 million of the acquisition price at a fixed rate of 4.70% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

 

17


Table of Contents

Effective August 4, 2014, the Company closed the acquisition of one senior living community located in Roanoke, Virginia, for approximately $16.8 million. The community consists of 60 assisted living units and 34 independent living units. The Company obtained financing from Fannie Mae for approximately $12.9 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective August 4, 2014, the Company closed the acquisition of one senior living community located in Oshkosh, Wisconsin, for approximately $17.1 million. The community consists of 90 assisted living units. The Company obtained financing from Fannie Mae for approximately $13.2 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective June 30, 2014, the Company closed the SHPIII/CSL Transaction acquiring 100% of the members’ equity interests in SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons for approximately $83.6 million. The Company obtained financing from Fannie Mae for the acquisition of SHPIII/CSL Miami for $16.4 million of the acquisition price at a fixed rate of 4.30% with a 10-year term. The Company obtained financing from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights for $23.7 million of the acquisition price at a fixed rate of 4.48% with a 10-year term. The Company obtained interim interest only financing from Wells Fargo for the acquisition of SHPIII/CSL Levis Commons for $21.6 million of the acquisition price at a variable rate of LIBOR plus 2.75% with a 24-month term. The balance of the acquisition price was paid from the Company’s existing cash resources. As a result of this transaction, the Company received cash proceeds, including incentive distributions, of approximately $2.5 million and recognized a joint venture equity investment valuation gain of approximately $1.5 million.

On June 27, 2014, the Company refinanced mortgage loans totaling approximately $111.9 million from Freddie Mac associated with 15 of its senior living communities. The Company obtained approximately $135.5 million of mortgage debt for 12 of the senior living communities from Fannie Mae. These new mortgage loans have 10-year terms with fixed interest rates of 4.24% and the principal amortized over 30-years. The Company obtained interim, interest only, financing of $9.3 million from Berkadia for two of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 12-month term. The Company also obtained interim, interest only, financing of $11.8 million from Berkadia for one of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 24-month term. The Company incurred approximately $1.7 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms. As a result of the refinance, the Company received approximately $36.5 million in cash proceeds. As a result of the early repayment of the existing mortgage debt with Freddie Mac, the Company accelerated the amortization of approximately $0.5 million in unamortized deferred financing costs and incurred a prepayment premium of approximately $6.5 million.

Effective March 26, 2014, the Company closed the Aspen Grove Transaction. The community consists of 78 assisted living units. The Company obtained financing from Fannie Mae for $11.0 million of the acquisition price at a fixed rate of 5.43% with a 12-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Joint Venture Transactions and Management Contracts

The Company managed three communities owned by joint ventures in which the Company had a minority interest. For communities owned by joint ventures, the Company typically received a management fee of 5% of gross revenues.

The Company’s joint venture management fees were based on a percentage of gross revenues. As a result, the cash flow and profitability of such contracts to the Company were more dependent on the revenues generated by such communities and less dependent on net cash flow than for owned or leased communities.

On June 30, 2014, the Company closed the SHPIII/CSL Transaction, acquiring 100% of the member interests of SHPIII/CSL Miami, SHPIII/CSL Levis Commons, and SHPIII/CSL Richmond Heights. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

SHPIII Transactions

In May 2007, the Company and SHPIII formed SHPIII/CSL Miami to develop a senior housing community in Miamisburg, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The senior housing community opened in August 2008 and currently consists of 97 independent living units and 49 assisted living units. The Company had contributed $0.8 million to SHPIII/CSL Miami for its 10% interest and accounted for its investment in SHPIII/CSL Miami under the equity method of accounting.

 

18


Table of Contents

In November 2007, the Company and SHPIII formed SHPIII/CSL Richmond Heights to develop a senior housing community in Richmond Heights, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The senior housing community opened in April 2009 and currently consists of 61 independent living units and 80 assisted living units. The Company had contributed $0.8 million to SHPIII/CSL Richmond Heights for its 10% interest and accounted for its investment in SHPIII/CSL Richmond Heights under the equity method of accounting.

In December 2007, the Company and SHPIII formed SHPIII/CSL Levis Commons to develop a senior housing community near Toledo, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The senior housing community opened in April 2009 and currently consists of 90 independent living units and 56 assisted living units. The Company had contributed $0.8 million to SHPIII/CSL Levis Commons for its 10% interest and accounted for its investment in SHPIII/CSL Levis Commons under the equity method of accounting.

The Company was party to a series of property management agreements (the “SHPIII/CSL Management Agreements”) with SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons (collectively “SHPIII/CSL”), which joint ventures were owned 90% by SHPIII, a fund managed by Prudential Investment, and 10% by the Company, which collectively owned and operated SHPIII/CSL. The SHPIII/CSL Management Agreements were for initial terms of ten years from the date the certificate of occupancy was issued and extended until various dates through January 2019. The SHPIII/CSL Management Agreements generally provided for management fees of 5% of gross revenue plus reimbursement for costs and expenses related to the communities.

As discussed above, on June 30, 2014, the Company closed the SHPIII/CSL Transaction, acquiring 100% of the member interests of SHPIII/CSL Miami, SHPIII/CSL Levis Commons, and SHPIII/CSL Richmond Heights. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

 

19


Table of Contents

Facility Lease Transactions

The Company currently leases 50 senior living communities from certain real estate investment trusts (“REITs”), 48 of which are accounted for as operating leases and two of which are accounted for as capital lease and financing obligations. The lease terms are generally for 10-15 years with renewal options for 5-20 years at the Company’s option. Under these agreements the Company is responsible for all operating costs, maintenance and repairs, insurance and property taxes. The following table summarizes each of the Company’s lease agreements (dollars in millions):

 

Landlord

   Date of Lease    Number of
Communities
   Value of
Transaction
    

Term

   Initial
Lease Rate (1)
    Lease
Acquisition
Costs (2)
    Deferred
Gains / Lease
Concessions (3)
 

Ventas

   September 30, 2005    6    $ 84.6       (4) (Two five-year renewals)      8   $ 1.4      $ 4.6   

Ventas

   October 18, 2005    1      19.5       (4) (Two five-year renewals)      8     0.2        —     

Ventas

   June 8, 2006    1      19.1       (4) (Two five-year renewals)      8     0.4        —     

Ventas

   January 31, 2008    1      5.0       (4) (Two five-year renewals)      7.75     0.2        —     

Ventas

   June 27, 2012    2      43.3       (4) (Two five-year renewals)      6.75     0.8        —     

HCP

   May 1, 2006    3      54.0       (5) (Two ten-year renewals)      8     0.3        12.8   

HCP

   May 31, 2006    6      43.0      

10 years

(Two ten-year renewals)

     8     0.2        0.6   

HCP

   December 1, 2006    4      51.0       (5) (Two ten-year renewals)      8     0.7        —     

HCP

   December 14, 2006    1      18.0       (5) (Two ten-year renewals)      7.75     0.3        —     

HCP

   April 11, 2007    1      8.0       (5) (Two ten-year renewals)      7.25     0.1        —     

HCN

   April 16, 2010    5      48.5      

15 years

(One 15-year renewal)

     8.25     0.6        0.8   

HCN

   May 1, 2010    3      36.0      

15 years

(One 15-year renewal)

     8.25     0.2        0.4   

HCN

   September 10, 2010    12      104.6      

15 years

(One 15-year renewal)

     8.50     0.4        2.0   

HCN

   April 8, 2011    4      141.0      

15 years

(One 15-year renewal)

     7.25     0.9        16.3   
                

 

 

   

 

 

 

Subtotal

  

    6.7        37.5   

Accumulated amortization through September 30, 2014

  

    (3.4     —     

Accumulated deferred gains / lease concessions recognized through September 30, 2014

  

    —          (17.5
                

 

 

   

 

 

 

Net lease acquisition costs / deferred gains / lease concessions as of September 30, 2014

  

  $ 3.3      $ 20.0   
                

 

 

   

 

 

 

 

(1) Initial lease rates are measured against agreed upon fair market values and are subject to conditional lease escalation provisions as set forth in each respective lease agreement.
(2) Lease acquisition and modification costs are being amortized over the respective lease terms.
(3) Deferred gains of $34.9 million and lease concessions of $2.6 million are being recognized in the Company’s Consolidated Statements of Operations and Comprehensive Loss as a reduction in facility lease expense over the respective initial lease term. Lease concessions of $0.6 million relate to the lease transaction with HCP, Inc. (“HCP”) on May 31, 2006, and of $2.0 million relate to the lease transaction with HCN on September 10, 2010.
(4) Effective June 27, 2012, the Company executed a lease amendment with Ventas, Inc. (“Ventas”). All of the leased communities in the Ventas lease portfolio were modified to be coterminous expiring on September 30, 2020, with two 5-year renewal extensions available at the Company’s option.
(5) On November 11, 2013, the Company executed a third amendment to the master lease agreement associated with nine of its leases with HCP to facilitate a $3.3 million capital improvement project and extend the respective lease terms through October 31, 2020, with two 10-year renewal extensions available at the Company’s option.

Facility lease expense in the Company’s Consolidated Statements of Operations and Comprehensive Loss includes rent expense plus amortization expense relating to leasehold acquisition costs slightly offset by the amortization of deferred gains and lease incentives. There are various financial covenants and other restrictions in the Company’s lease agreements. The Company was in compliance with all of its lease covenants at September 30, 2014 and December 31, 2013.

 

20


Table of Contents

Recently Issued Accounting Guidance

In April 2014 the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new and expanded disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The guidance provided in ASU 2014-08 is applied prospectively and is effective for fiscal years beginning on or after December 15, 2014; however, early adoption is permitted.

Website

The Company’s Internet website www.capitalsenior.com contains an Investor Relations section, which provides links to the Company’s annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, proxy statements, and Section 16 filings and any amendments to those reports and filings. These reports and filings are available free of charge through the Company’s Internet website as soon as reasonably practicable after such material is electronically filed with or furnished to the SEC.

Results of Operations

The following table sets forth for the periods indicated selected Consolidated Statements of Operations and Comprehensive Loss data in thousands of dollars and expressed as a percentage of total revenues.

 

     Three Months Ended September 30,     Nine Months Ended September 30,  
     2014     2013     2014     2013  
     $     %     $     %     $     %     $     %  

Revenues:

                

Resident and healthcare revenue

   $ 98,466        100.0      $ 86,333        98.1      $ 280,240        98.8      $ 256,409        98.1   

Affiliated management service revenue

     —          —          205        0.2        415        0.1        586        0.2   

Community reimbursement revenue

     17        0.0        1,445        1.7        3,110        1.1        4,432        1.7   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenue

     98,483        100.0        87,983        100.0        283,765        100.0        261,427        100.0   

Expenses:

                

Operating expenses (exclusive of depreciation and amortization shown below)

     59,992        60.9        52,936        60.2        171,268        60.4        154,186        59.0   

General and administrative expenses

     5,515        5.6        5,026        5.7        15,137        5.3        15,029        5.7   

Facility lease expense

     14,841        15.1        14,274        16.2        44,524        15.7        42,813        16.4   

Stock-based compensation

     1,599        1.6        869        1.0        5,676        2.0        3,158        1.2   

Depreciation and amortization

     13,840        14.1        10,533        12.0        35,607        12.5        33,183        12.7   

Community reimbursement expense

     17        0.0        1,445        1.6        3,110        1.1        4,432        1.7   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses

     95,804        97.3        85,083        96.7        275,322        97.0        252,801        96.7   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Income from operations

     2,679        2.7        2,900        3.3        8,443        3.0        8,626        3.3   

Other income (expense):

                

Interest income

     12        0.0        17        0.0        40        0.0        138        0.2   

Interest expense

     (8,255     (8.4     (5,943     (6.8     (22,785     (8.0     (17,321     (6.6

Write-off of deferred loan costs and prepayment premium

     —          —          —          —          (6,979     (2.5     —          —     

Joint venture equity investment valuation gain

     —          —          —          —          1,519        0.5        —          —     

(Loss) Gain on disposition of assets, net

     (1     0.0        13        0.0        (11     0.0        12        0.0   

Equity in earnings of unconsolidated joint ventures, net

     —          —          43        0.1        105        0.1        76        0.1   

Other income

     5        0.0        10        0.0        22        0.0        28        0.0   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Loss before provision for income taxes

     (5,560     (5.7     (2,960     (3.4     (19,646     (6.9     (8,441     (3.2

Provision for income taxes

     (199     (0.2     (7,003     (7.9     (579     (0.2     (5,668     (2.2
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net loss

   $ (5,759     (5.9   $ (9,963     (11.3   $ (20,225     (7.1   $ (14,109     (5.4
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Three Months Ended September 30, 2014 Compared to the Three Months Ended September 30, 2013

Revenues.

Total revenues were $98.5 million for the three months ended September 30, 2014, compared to $88.0 million for the three months ended September 30, 2013, representing an increase of $10.5 million, or 11.9%. This increase in revenue is the result of an increase in resident and healthcare revenue of $12.1 million slightly offset by a decrease in affiliated management services revenue of $0.2 million and a decrease in community reimbursement revenue of $1.4 million.

 

21


Table of Contents
    The increase in resident and healthcare revenue primarily results from an increase of $13.3 million from the senior living communities acquired by the Company during fiscal 2014 and subsequent to the second quarter of fiscal 2013 and an increase of $0.8 million from the Company’s other consolidated same-store communities due to an increase in occupancy of 1.0%, partially offset by a decrease of $2.0 million due to the Company no longer providing skilled nursing services at two of its senior living communities which are in the process of being repositioned with the facilities being converted to offer assisted living care and services and a decrease in average monthly rental rates of 0.9% at the Company’s other consolidated same-store communities.

 

    Affiliated management service revenue is comprised of management fees earned from unconsolidated joint ventures that the Company operated under management agreements. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

 

    Community reimbursement revenue is comprised of reimbursable expenses from unconsolidated joint ventures that the Company operated under management agreements. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

Expenses.

Total expenses were $95.8 million in the third quarter of fiscal 2014 compared to $85.1 million in the third quarter of fiscal 2013, representing an increase of $10.7 million, or 12.6%. This increase is the result of a $7.1 million increase in operating expenses, a $0.5 million increase in general and administrative expenses, a $0.5 million increase in facility lease expense, a $0.7 million increase in stock-based compensation expense, and a $3.3 million increase in depreciation and amortization expense, partially offset by a decrease in community reimbursement expense of $1.4 million.

 

    The increase in operating expenses primarily results from an increase of $8.3 million from the senior living communities acquired by the Company during fiscal 2014 and subsequent to the second quarter of fiscal 2013 and an increase in general overall operating costs at the Company’s other consolidated same-store communities of $1.2 million, partially offset by a decrease of $2.4 million due to the Company no longer providing skilled nursing services at two of its senior living communities which are in the process of being repositioned with the facilities being converted to offer assisted living care and services. The increase in operating costs of $1.2 million at the Company’s other consolidated same-store communities primarily results from an increase in employee wages and benefits of $0.6 million, an increase in property taxes of $0.2 million, and an increase in general operating expenses of $0.4 million.

 

    The increase in general and administrative expenses primarily results from an increase of $0.3 million in wages and benefits for existing and additional full-time employees hired subsequent to the second quarter of fiscal 2013 and an increase of $0.2 million for due diligence and legal expenses incurred in connection with the Company’s acquisitions.

 

    The increase in facility lease expense primarily results from contingent annual rental rate escalations for certain existing leases.

 

    The increase in stock-based compensation expense results from the Company granting additional shares of restricted stock awards to certain employees, officers, and directors.

 

    The increase in depreciation and amortization expense primarily results from an increase of $6.9 million from the senior living communities acquired by the Company during fiscal 2014 and subsequent to the second quarter of fiscal 2013 and an increase of $0.2 million as a result of an increase in depreciable assets at the Company’s other consolidated same-store communities, partially offset by a decrease in in-place lease amortization of $3.8 million for senior living communities acquired by the Company during fiscal 2013 and 2012 which were fully amortized during fiscal 2013 or the second quarter of fiscal 2014.

 

    Community reimbursement expense represents payroll and administrative costs paid by the Company for the benefit of unconsolidated joint ventures that the Company operated under management agreements. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

 

22


Table of Contents

Other income and expense.

 

    Interest income generally reflects interest earned on the investment of cash balances and escrowed funds or interest associated with certain income tax refunds or property tax settlements.

 

    Interest expense increased $2.3 million in the third quarter of fiscal 2014 when compared to the third quarter of fiscal 2013 primarily due to the additional mortgage debt associated with the senior living communities acquired by the Company during fiscal 2014 and subsequent to the second quarter of fiscal 2013.

 

    Equity in earnings of unconsolidated joint ventures, net, represents the Company’s share of the net earnings on its investments in SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

Provision for income taxes.

Provision for income taxes for the third quarter of fiscal 2014 was $0.2 million, or 3.6% of loss before income taxes, compared to provision for income taxes of $7.0 million, or 236.6% of loss before income taxes, for the third quarter of fiscal 2013. The effective tax rates for the third quarters of fiscal 2014 and 2013 differ from the statutory tax rates due to state income taxes, permanent tax differences, and changes in the deferred tax asset valuation allowance. The Company is impacted by the TMT, which effectively imposes tax on modified gross revenues for communities within the State of Texas. During the third quarter of fiscal 2014 and third quarter of fiscal 2013 the Company consolidated 36 Texas communities and the TMT increased the overall provision for income taxes. Management regularly evaluates the future realization of deferred tax assets and provides a valuation allowance, if considered necessary, based on such evaluation. As part of the evaluation, management has evaluated taxable income in carryback years, future reversals of taxable temporary differences, feasible tax planning strategies, and future expectations of income. Based upon this evaluation, an adjustment to the deferred tax asset valuation allowance of $2.1 million and $7.5 million was recorded during the third quarters of fiscal 2014 and 2013, respectively, to reduce the Company’s net deferred tax assets to the amount that is more likely than not to be realized.

Net loss and comprehensive loss.

As a result of the foregoing factors, the Company reported net loss and comprehensive loss of $(5.8 million) for the three months ended September 30, 2014, compared to net loss and comprehensive loss of $(10.0 million) for the three months ended September 30, 2013. The net loss and comprehensive loss of $(5.8 million) reported by the Company for the three months ended September 30, 2014, resulted in the Company realizing a retained deficit of $(5.4 million) within the Company’s Consolidated Balance Sheet. The retained deficit is primarily the accumulated result of the Company recognizing accelerated amortization expense of $36.5 million associated with in-place leases from the Company’s acquisition program which began during fiscal 2010.

Nine Months Ended September 30, 2014 Compared to the Nine Months Ended September 30, 2013

Revenues.

Total revenues were $283.8 million for the nine months ended September 30, 2014 compared to $261.4 million for the nine months ended September 30, 2013, representing an increase of approximately $22.4 million, or 8.5%. This increase in revenue is the result of a $23.8 million increase in resident and healthcare revenue, slightly offset by a decrease in affiliated management services revenue of $0.1 million, and a decrease in community reimbursement revenue of $1.3 million.

 

    The increase in resident and healthcare revenue primarily results from an increase of $29.7 million from the senior living communities acquired by the Company during fiscal 2014 and 2013 and an increase of $1.2 million from the Company’s other consolidated same-store communities due to an increase in average occupancies of 1.0%, partially offset by a decrease of $7.1 million due to the Company no longer providing skilled nursing services at two of its senior living communities which are in the process of being repositioned with the facilities being converted to offer assisted living care and services and a decrease in average monthly rental rates of 0.6% at the Company’s other consolidated same-store communities.

 

23


Table of Contents
    Affiliated management service revenue is comprised of management fees earned from unconsolidated joint ventures that the Company operated under management agreements. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

 

    Community reimbursement revenue is comprised of reimbursable expenses from unconsolidated joint ventures that the Company operated under management agreements. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

Expenses.

Total expenses were $275.3 million during the first nine months of fiscal 2014 compared to $252.8 million during the first nine months of fiscal 2013, representing an increase of $22.5 million, or 8.9%. This increase is the result of a $17.1 million increase in operating expenses, a $0.1 million increase in general and administrative expenses, a $1.7 million increase in facility lease expense, a $2.5 million increase in stock-based compensation expense, and a $2.4 million increase in depreciation and amortization expense, slightly offset by a decrease in community reimbursement expense of $1.3 million.

 

    The increase in operating expenses primarily results from an increase of $19.3 million from the senior living communities acquired by the Company during fiscal 2014 and 2013 and an increase in general overall operating costs at the Company’s other consolidated same-store communities of $5.1 million partially offset by a decrease of $7.3 million due to the Company no longer providing skilled nursing services at two of its senior living communities which are in the process of being repositioned with the facilities being converted to offer assisted living care and services. The increase in operating costs of $5.1 million at the Company’s other consolidated same-store communities primarily results from an increase in employee wages and benefits of $2.5 million, an increase in utilities of $0.7 million, an increase in property taxes of $0.4 million, and an increase in general operating expenses of $1.5 million.

 

    The increase in general and administrative expenses primarily results from an increase of $1.1 million in wages and benefits for existing and additional full-time employees hired subsequent to the second quarter of fiscal 2013 and an increase of $0.3 million for due diligence and legal expenses incurred in connection with the Company’s acquisitions, partially offset by a decrease of $1.1 million in employee insurance benefits and claims paid, which resulted in lower health insurance costs to the Company, and a decrease of $0.2 million related to a cost segregation tax study completed during the first quarter of fiscal 2013.

 

    The increase in facility lease expense primarily results from contingent annual rental rate escalations for certain existing leases.

 

    The increase in stock-based compensation expense results from the accelerated vesting of certain restricted stock awards associated with the retirement of the Company’s Chief Financial Officer during the second quarter of fiscal 2014 and the Company granting additional shares of restricted stock to certain employees, officers, and directors.

 

    The increase in depreciation and amortization expense primarily results from an increase of $14.7 million for senior living communities acquired by the Company during fiscal 2014 and 2013 and an increase of $0.4 million as a result of an increase in depreciable assets at the Company’s other consolidated same-store communities, partially offset by a decrease in in-place lease amortization of $12.7 million from the senior living communities acquired by the Company during fiscal 2013 and 2012 which were fully amortized during fiscal 2013 or prior to the third quarter of fiscal 2014.

 

    Community reimbursement expense represents payroll and administrative costs paid by the Company for the benefit of unconsolidated joint ventures that the Company operated under management agreements. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

Other income and expense.

 

    Interest income generally reflects interest earned on the investment of cash balances and escrowed funds or interest associated with certain income tax refunds or property tax settlements.

 

24


Table of Contents
    Interest expense increased $5.5 million during the first nine months of fiscal 2014 when compared to the first nine months of fiscal 2013 primarily due to the additional mortgage debt associated with the senior living communities acquired by the Company during fiscal 2014 and 2013.

 

    Write-off of deferred loan costs and prepayment premium is attributable to the early repayment of the Company’s existing mortgage debt with Freddie Mac during the second quarter of fiscal 2014. The Company recorded a non-cash charge of $0.5 million to remove the remaining unamortized deferred financing assets related to this debt and paid $6.5 million in early repayment fees and costs.

 

    Joint venture equity investment valuation gain is attributable to the Company closing the SHPIII/CSL Transaction during the second quarter of fiscal 2014. The Company acquired 100% of the members’ equity interests in SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons and received cash proceeds, including incentive distributions, of approximately $2.5 million which resulted in the Company recording a gain of approximately $1.5 million to reflect the fair value of the equity interests on the acquisition date.

 

    Equity in earnings of unconsolidated joint ventures, net, represents the Company’s share of the net earnings on its investments in SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions”, within the notes to unaudited consolidated financial statements.

Provision for income taxes.

Provision for income taxes for the first nine months of fiscal 2014 was $0.6 million, or 3.0% of loss before income taxes, compared to provision for income taxes of $5.7 million, or 67.1% of loss before income taxes, for the first nine months of fiscal 2013. The effective tax rates for the first nine months of fiscal 2014 and 2013 differ from the statutory tax rates due to state income taxes, permanent tax differences, and changes in the deferred tax asset valuation allowance. The Company is impacted by the TMT which effectively imposes tax on modified gross revenues for communities within the State of Texas. During the first nine months of fiscal 2014 and first nine months of fiscal 2013 the Company consolidated 36 Texas communities and the TMT increased the overall provision for income taxes. Management regularly evaluates the future realization of deferred tax assets and provides a valuation allowance, if considered necessary, based on such evaluation. As part of the evaluation, management has evaluated taxable income in carryback years, future reversals of taxable temporary differences, feasible tax planning strategies, and future expectations of income. Based upon this evaluation, an adjustment to the deferred tax asset valuation allowance of $7.5 million was recorded during each of the first nine months of fiscal 2014 and 2013 to reduce the Company’s net deferred tax assets to the amount that is more likely than not to be realized.

Net loss and comprehensive loss.

As a result of the foregoing factors, the Company reported net loss and comprehensive loss of $(20.2 million) for the nine months ended September 30, 2014, compared to net loss and comprehensive loss of $(14.1 million) for the nine months ended September 30, 2013. The net loss and comprehensive loss of $(20.2 million) reported by the Company for the nine months ended September 30, 2014, resulted in the Company realizing a retained deficit of $(5.4 million) within the Company’s Consolidated Balance Sheet. The retained deficit is primarily the accumulated result of the Company recognizing accelerated amortization expense of $36.5 million associated with in-place leases from the Company’s acquisition program which began during fiscal 2010.

Liquidity and Capital Resources

In addition to approximately $27.8 million of unrestricted cash balances on hand as of September 30, 2014, the Company’s principal sources of liquidity are expected to be cash flows from operations, supplemental debt financings, additional proceeds from debt refinancings, equity issuances, and/or proceeds from the sale of assets. The Company expects its available cash and cash flows from operations, supplemental debt financings, additional proceeds from debt refinancings, and proceeds from the sale of assets to be sufficient to fund its short-term working capital requirements. The Company’s long-term capital requirements, primarily for acquisitions and other corporate initiatives, could be dependent on its ability to access additional funds through joint ventures and the debt and/or equity markets. The Company, from time to time, considers and evaluates transactions related to its portfolio including supplemental debt financings, debt refinancings, purchases and sales of assets, reorganizations and other transactions. There can be no assurance that the Company will continue to generate cash flows at or above current levels or that the Company will be able to obtain the capital necessary to meet the Company’s short and long-term capital requirements.

 

25


Table of Contents

In summary, the Company’s cash flows were as follows (in thousands):

 

     Nine Months Ended
September 30,
 
     2014     2013  

Net cash provided by operating activities

   $ 35,085      $ 28,302   

Net cash used in investing activities

     (156,311     (63,514

Net cash provided by financing activities

     135,431        35,240   
  

 

 

   

 

 

 

Net increase in cash and cash equivalents

   $ 14,205      $ 28   
  

 

 

   

 

 

 

Operating activities.

The net cash provided by operating activities for the first nine months of fiscal 2014 results from net non-cash charges of $49.7 million and net changes in operating assets and liabilities of 5.6 million, partially offset by net loss of $(20.2 million). The net cash provided by operating activities for the first nine months of fiscal 2013 results from net non-cash charges of $43.5 million, partially offset by net loss of $(14.1 million) and net changes in operating assets and liabilities of $(1.1 million).

Investing activities.

The net cash used in investing activities for the first nine months of fiscal 2014 primarily results from capital expenditures of $13.4 million and acquisitions of senior living communities by the Company of $145.6 million, slightly offset by proceeds from the SHPIII/CSL Transaction of $2.5 million. The net cash used in investing activities for the first nine months of fiscal 2013 primarily results from capital expenditures of $9.9 million and acquisitions of senior living communities by the Company of $53.7 million.

Financing activities.

The net cash provided by financing activities for the first nine months of fiscal 2014 primarily results from notes payable proceeds of $267.7 million, of which $156.6 million related to the Freddie Mac Refinance and $111.1 million related to the acquisition of senior living communities by the Company and insurance premium financing and $0.2 million resulted from proceeds from the issuance of common stock, partially offset by repayments of notes payable of $128.6 million, payments on capital lease and financing obligations of $0.6 million, and deferred financing charges paid of $3.1 million. The net cash provided by financing activities for the first nine months of fiscal 2013 primarily results from notes payable proceeds of $56.9 million, of which $39.1 million related to the acquisition of senior living communities by the Company and $5.4 million was from insurance premium financing with the remaining $12.4 million related to the Company replacing an interim variable interest rate loan for the acquisition of a senior living community with long-term fixed interest rate financing from Fannie Mae, and $2.8 million resulted from proceeds from the issuance of common stock, partially offset by repayments of notes payable of $20.5 million, payments on capital lease and financing obligations of $0.6 million, excess tax benefits from the issuance of common stock of $1.5 million, additions to restricted cash of $1.2 million, and deferred financing charges paid of $0.7 million.

Debt transactions.

On August 27, 2014, in conjunction with the Plymouth Transaction, the Company obtained $10.4 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.70% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

On August 4, 2014, in conjunction with the Roanoke Transaction, the Company obtained $12.9 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

On August 4, 2014, in conjunction with the Oshkosh Transaction, the Company obtained $13.2 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

On June 30, 2014, in conjunction with the SHPIII/CSL Transaction, the Company obtained $16.4 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Miami. The new mortgage loan has a 10-year term with a fixed interest rate of 4.30% and the principal amortized over a 30-year term. The Company also obtained $23.7 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights. The new mortgage loan has a 10-year term with a fixed interest rate of 4.48% and the

 

26


Table of Contents

principal amortized over a 30-year term. The Company obtained interim, interest only, financing of $21.6 million from Wells Fargo for the acquisition of SHPIII/CSL Levis Commons with a variable interest rate of LIBOR plus 2.75% and a 24-month term. The Company incurred approximately $0.5 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms.

On June 27, 2014, the Company refinanced mortgage loans totaling approximately $111.9 million from Freddie Mac associated with 15 of its senior living communities. The Company obtained approximately $135.5 million of mortgage debt for 12 of the senior living communities from Fannie Mae. These new mortgage loans have 10-year terms with fixed interest rates of 4.24% and the principal amortized over 30-years. The Company obtained interim, interest only, financing of $9.3 million from Berkadia for two of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 12-month term. The Company also obtained interim, interest only, financing of $11.8 million from Berkadia for one of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 24-month term. The Company incurred approximately $1.7 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms. As a result of the refinance, the Company received approximately $36.5 million in cash proceeds. As a result of the early repayment of the existing mortgage debt, the Company accelerated the amortization of approximately $0.5 million in unamortized deferred loan costs and incurred a prepayment premium of approximately $6.5 million.

On May 31, 2014, the Company renewed certain insurance policies and entered into a finance agreement totaling approximately $1.7 million. The finance agreement has a fixed interest rate of 1.92% with principal being repaid over a 9-month term.

On March 26, 2014, in conjunction with the Aspen Grove Transaction, the Company obtained approximately $11.0 million of mortgage debt from Fannie Mae. The new mortgage loan has a 12-year term with a 5.43% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.2 million in deferred financing costs related to this loan, which is being amortized over 12 years.

The Company must maintain certain levels of tangible net worth and comply with other restrictive covenants under the terms of certain promissory notes. The Company was in compliance with all of its debt covenants at September 30, 2014 and December 31, 2013.

Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

The Company’s primary market risk is exposure to changes in interest rates on debt and lease instruments. As of September 30, 2014, the Company had $624.9 million in outstanding debt comprised of various fixed and variable interest rate debt instruments of $559.7 million and $65.2 million, respectively. In addition, as of September 30, 2014, the Company had $507.6 million in future lease obligations with contingent rent increases on certain leases based on changes in the consumer price index or certain operational performance measures.

Changes in interest rates would affect the fair market values of the Company’s fixed interest rate debt instruments, but would not have an impact on the Company’s earnings or cash flows. Fluctuations in interest rates on the Company’s variable rate debt instruments, which are tied to LIBOR, would affect the Company’s earnings and cash flows but would not affect the fair market values of the variable rate debt. Each percentage point increase in interest rates would impact the Company’s annual interest expense by approximately $0.7 million based on the Company’s outstanding variable rate debt as of September 30, 2014. Increases in the consumer price index could have an effect on future facility lease expense if the leased community exceeds the contingent rent escalation thresholds set forth in each of the Company’s lease agreements.

 

27


Table of Contents

Item 4. CONTROLS AND PROCEDURES.

Effectiveness of Controls and Procedures

The Company’s management, with the participation of the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), has evaluated the effectiveness of the Company’s disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of the end of the period covered by this report. The Company’s disclosure controls and procedures are designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. The Company’s disclosure controls and procedures are also designed to ensure that such information is accumulated and communicated to the Company’s management, including the CEO and CFO as appropriate, to allow timely decisions regarding required disclosure.

Based upon the controls evaluation, the Company’s CEO and CFO have concluded that, as of the end of the period covered by this report, the Company’s disclosure controls and procedures are effective.

There have not been any changes in the Company’s internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the Company’s fiscal quarter ended September 30, 2014 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

Part II. OTHER INFORMATION

Item 1. LEGAL PROCEEDINGS.

The Company has claims incurred in the normal course of its business. Most of these claims are believed by management to be covered by insurance, subject to normal reservations of rights by the insurance companies and possibly subject to certain exclusions in the applicable insurance policies. Whether or not covered by insurance, these claims, in the opinion of management, based on advice of legal counsel, should not have a material effect on the consolidated financial statements of the Company if determined adversely to the Company.

Item 1A. RISK FACTORS.

Our business involves various risks. When evaluating our business the following information should be carefully considered in conjunction with the other information contained in our periodic filings with the SEC. Additional risks and uncertainties not known to us currently or that currently we deem to be immaterial also may impair our business operations. If we are unable to prevent events that have a negative effect from occurring, then our business may suffer. Negative events are likely to decrease our revenue, increase our costs, weaken our financial results and/or decrease our financial strength, and may cause our stock price to decline. There have been no material changes in our risk factors from those disclosed in Part 1, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2013.

 

28


Table of Contents

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

(c) Purchases of Equity Securities by the Issuer and Affiliated Purchasers

The following information is provided pursuant to Item 703 of Regulation S-K. The Company did not purchase any shares of its common stock pursuant to the Company’s share repurchase program (as described below) during the nine month period ended September 30, 2014. The information set forth in the table below reflects shares purchased by the Company pursuant to this repurchase program prior to the nine month period ended September 30, 2014.

 

Period

   Total
Number of

Shares
Purchased
     Average
Price Paid

per Share
     Total Shares Purchased
as Part of Publicly
Announced Program
     Approximate Dollar Value of
Shares that May Yet Be

Purchased Under the
Program
 

Total at June 30, 2014

     349,800       $ 2.67         349,800       $ 9,065,571   

July 1 – July 31, 2014

     —           —           —           —     

August 1 – August 31, 2014

     —           —           —           —     

September 1 – September 30, 2014

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total at September 30, 2014

     349,800       $ 2.67         349,800       $ 9,065,571   
  

 

 

    

 

 

    

 

 

    

 

 

 

On January 22, 2009, the Company’s board of directors approved a share repurchase program that authorized the Company to purchase up to $10.0 million of the Company’s common stock. The repurchase program does not obligate the Company to acquire any particular amount of common stock and the share repurchase authorization has no stated expiration date. All shares that have been purchased by the Company under this program were purchased in open-market transactions.

Item 3. DEFAULTS UPON SENIOR SECURITIES.

Not applicable.

Item 4. MINE SAFETY DISCLOSURES.

Not applicable.

Item 5. OTHER INFORMATION.

Not applicable.

Item 6. EXHIBITS.

The exhibits to this Form 10-Q are listed on the Exhibit Index page hereof, which is incorporated by reference in this Item 6.

 

29


Table of Contents

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Capital Senior Living Corporation

(Registrant)

 

By:  

/s/ Carey P. Hendrickson

  Carey P. Hendrickson
  Senior Vice President and Chief Financial Officer
  (Principal Financial Officer and Duly Authorized Officer)
  Date: November 6, 2014

 

30


Table of Contents

INDEX TO EXHIBITS

The following documents are filed as a part of this report. Those exhibits previously filed and incorporated herein by reference are identified below. Exhibits not required for this report have been omitted.

 

Exhibit

Number

      

Description

3.1      Amended and Restated Certificate of Incorporation of the Registrant. (Incorporated by reference to exhibit 3.1 to the Registration Statement No. 333-33379 on Form S-1/A filed by the Company with the Securities and Exchange Commission on September 8, 1997.)
3.1.1      Amendment to Amended and Restated Certificate of Incorporation of the Registrant. (Incorporated by reference to exhibit 3.1 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 1999, filed by the Company with the Securities and Exchange Commission.)
3.2      Second Amended and Restated Bylaws of the Registrant. (Incorporated by reference to exhibit 3.1 to the Company’s Current Report filed by the Company with the Securities and Exchange Commission on March 8, 2013.)
4.1      Rights Agreement, dated as of February 25, 2010, between Capital Senior Living Corporation and Mellon Investor Services, LLC, including all exhibits thereto. (Incorporated by reference to exhibit 4.1 to the Company’s Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on February 26, 2010.)
4.1.1      First Amendment to Rights Agreement, dated as of March 5, 2013, between Capital Senior Living Corporation and Computershare Shareowner Services LLC, formerly known as Mellon Investor Services, LLC. (Incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on March 8, 2013.)
4.2      Form of Certificate of Designation of Series A Junior Participating Preferred Stock, $0.01 par value per share. (Incorporated by reference to exhibit 4.2 to the Company’s Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on February 26, 2010.)
4.3      Form of Right Certificate. (Included as Exhibit B to the Rights Agreement, which is Exhibit 4.1 hereto as amended pursuant to the First Amendment to Rights Agreement, which is Exhibit 4.1.1 hereto and incorporated by reference.)
4.4      Form of Summary of Rights. (Included as Annex A to the First Amendment to Rights Agreement, which is Exhibit 4.1.1 hereto and incorporated by reference.)
4.5      2007 Omnibus Stock and Incentive Plan for Capital Senior Living Corporation. (Incorporated by reference to exhibit 4.6 to the Company’s Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on May 31, 2007.)
4.6      First Amendment to 2007 Omnibus Stock and Incentive Plan for Capital Senior Living Corporation. (Incorporated by reference to exhibit 4.7 to the Company’s Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on May 31, 2007.)
31.1*      Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a)
31.2*      Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a)
32.1*      Certification of Lawrence A. Cohen pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*      Certification of Carey P. Hendrickson pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS      XBRL Instance Document
101.SCH      XBRL Taxonomy Extension Schema Document
101.CAL      XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB      XBRL Taxonomy Extension Label Linkbase Document
101.PRE      XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF      XBRL Taxonomy Extension Definition Linkbase Document

 

* Filed herewith.

 

31

EX-31.1 2 d802043dex311.htm EX-31.1 EX-31.1

EXHIBIT 31.1

CAPITAL SENIOR LIVING CORPORATION

CERTIFICATIONS

I, Lawrence A. Cohen, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Capital Senior Living Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal controls over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

/s/ Lawrence A. Cohen

Lawrence A. Cohen
Chief Executive Officer
November 6, 2014
EX-31.2 3 d802043dex312.htm EX-31.2 EX-31.2

EXHIBIT 31.2

CAPITAL SENIOR LIVING CORPORATION

CERTIFICATIONS

I, Carey P. Hendrickson, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Capital Senior Living Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal controls over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

/s/ Carey P. Hendrickson

Carey P. Hendrickson
Senior Vice President and
Chief Financial Officer
November 6, 2014
EX-32.1 4 d802043dex321.htm EX-32.1 EX-32.1

EXHIBIT 32.1

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the filing of the Quarterly Report of Capital Senior Living Corporation (the “Company”) on Form 10-Q for the period ended September 30, 2014 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Lawrence A. Cohen, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that:

 

  1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and

 

  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

/s/ Lawrence A. Cohen

Lawrence A. Cohen
Chief Executive Officer
November 6, 2014
EX-32.2 5 d802043dex322.htm EX-32.2 EX-32.2

EXHIBIT 32.2

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the filing of the Quarterly Report of Capital Senior Living Corporation (the “Company”) on Form 10-Q for the period ended September 30, 2014 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Carey P. Hendrickson, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that:

 

  1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and

 

  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

/s/ Carey P. Hendrickson

Carey P. Hendrickson
Senior Vice President and
Chief Financial Officer
November 6, 2014
EX-101.INS 6 csu-20140930.xml XBRL INSTANCE DOCUMENT 2600000 0.10 0.0538 11900000 1 15800000 0.0556 43700000 3 57000000 0.0556 5600000 1 7900000 0.0459 12900000 1 16800000 0.0459 12900000 100000 0.0459 13200000 1 17100000 0.0459 13200000 100000 0.0470 10400000 100000 0.0470 10400000 1 13500000 29093006 1700000 2600000 0.0466 4000000 1 6700000 0.0543 11000000 1 14600000 0.0543 11000000 200000 0.10 0.0530 14500000 1 19100000 1 6300000 4600000 0.0192 1700000 1700000 11800000 1 9300000 2 111900000 15 135500000 12 0.0424 2200000 0.0593 7600000 1 9900000 7500000 18765000 1 11800000 8500000 0.0550 11900000 1 16000000 200000 0.0448 23700000 0.0430 16400000 500000 1.00 21600000 0.0430 16400000 1.00 0.0448 23700000 1.00 1.00 29095000 29095000 65000000 8.44 6000 8.44 350000 0 0.01 15000000 0.01 0 6000 623900000 2100000 16464000 0 90186000 40430000 587285000 294000 4052000 -5354000 441000 149482000 32524000 143488000 1459000 879753000 1606000 11000 13376000 2200000 37636000 981000 400000 27816000 774211000 11468000 6000 100000 8400000 8700000 879753000 400000 441000 8400000 5716000 5214000 3525000 40696000 934000 64846000 25.41 66 50 48 26 1.00 3 2 116 723600000 15000 10660000 1 715243 15200000 624921000 11468000 27816000 601472000 11468000 27816000 0.10 10000000 18737000 28845000 28845000 65000000 7.10 350000 0 0.01 15000000 0.01 0 19000 476200000 18021000 0 58705000 41093000 467376000 292000 3813000 14871000 845000 143721000 29321000 157950000 1559000 745549000 1489000 1000 11215000 3200000 11918000 948000 13611000 649967000 11425000 1010000 416000 7700000 745549000 845000 3752000 5123000 6605000 41759000 934000 52813000 601200000 11036000 870217 479294000 11425000 13611000 459708000 11425000 13611000 300000 P10Y 48 304 100000 P10Y 36 200000 P12Y 78 P12Y P30Y P12Y 9900 100000 -600 100000 23700 100000 LIBOR plus 3.75% LIBOR plus 3.75% P30Y P10Y P30Y P10Y 0.0275 LIBOR plus 2.75% P24M 25400 P24M 100000 0.0275 LIBOR plus 2.75% 8500 P30Y P10Y 100000 70700 P30Y P10Y 200000 1500000 83600000 0.90 0.10 0 200000 P10Y 68 P10Y P30Y P10Y 100000 P10Y 69 100000 P10Y 64 100000 P12Y 22 80 0.0375 2015-07-10 100000 52 P9M 36500000 6500000 500000 P24M 0.0450 P12M 0.0450 P30Y P10Y 100000 61 P10Y 0.0375 2015-10-10 100000 64 100000 P10Y 82 800000 -0.49 0 28302000 0 27769000 -0.49 27769000 677000 9888000 -13668000 261427000 867000 3101000 -433000 -8441000 53741000 8626000 12000 -14109000 558000 4432000 344000 28000 16058000 20534000 684000 -14109000 138000 -241000 -3523000 76000 256409000 5505000 -22000 822000 -1445000 17321000 97000 330000 28000 5668000 56939000 4432000 33183000 35240000 2761000 978000 4142000 -63514000 18000 252801000 42813000 15029000 -4424000 -1239000 3158000 -1058000 -441000 586000 887000 154186000 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>8. CONTINGENCIES</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The Company has claims incurred in the normal course of its business. Most of these claims are believed by management to be covered by insurance, subject to normal reservations of rights by the insurance companies and possibly subject to certain exclusions in the applicable insurance policies. Whether or not covered by insurance, these claims, in the opinion of management, based on advice of legal counsel, should not have a material effect on the consolidated financial statements of the Company if determined adversely to the Company.</p> </div> <div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <b>5. DEBT TRANSACTIONS</b></p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On August&#xA0;27, 2014, in conjunction with the Plymouth Transaction, the Company obtained $10.4 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.70% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On August&#xA0;4, 2014, in conjunction with the Roanoke Transaction, the Company obtained $12.9 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term and is cross-collateralized and cross-defaulted with the mortgage debt obtained in conjunction with the Oshkosh Transaction. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On August&#xA0;4, 2014, in conjunction with the Oshkosh Transaction, the Company obtained $13.2 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term and is cross-collateralized and cross-defaulted with the mortgage debt obtained in conjunction with the Roanoke Transaction. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On June&#xA0;30, 2014, in conjunction with the SHPIII/CSL Transaction, the Company obtained $16.4 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Miami. The new mortgage loan has a 10-year term with a fixed interest rate of 4.30% and the principal amortized over a 30-year term. The Company also obtained $23.7 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights. The new mortgage loan has a 10-year term with a fixed interest rate of 4.48% and the principal amortized over a 30-year term. The Company obtained interim, interest only, financing of $21.6 million from Wells Fargo for the acquisition of SHPIII/CSL Levis Commons with a variable interest rate of LIBOR plus 2.75% and a 24-month term. The Company incurred approximately $0.5 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On June&#xA0;27, 2014, the Company refinanced mortgage loans totaling approximately $111.9 million from Freddie Mac associated with 15 of its senior living communities (the &#x201C;Freddie Mac Refinance&#x201D;). The Company obtained approximately $135.5 million of mortgage debt for 12 of the senior living communities from Fannie Mae. These new mortgage loans have 10-year terms with fixed interest rates of 4.24% and the principal amortized over 30-years. The Company obtained interim, interest only, financing of $9.3&#xA0;million from Berkadia Commercial Mortgage LLC (&#x201C;Berkadia&#x201D;) for two of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 12-month term. The Company also obtained interim, interest only, financing of $11.8&#xA0;million from Berkadia for one of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 24-month term. The Company incurred approximately $1.7&#xA0;million in deferred financing costs related to these loans, which are being amortized over the respective loan terms. As a result of the refinance, the Company received approximately $36.5&#xA0;million in cash proceeds. As a result of the early repayment of the existing mortgage debt with Freddie Mac, the Company accelerated the amortization of approximately $0.5&#xA0;million in unamortized deferred financing costs and incurred a prepayment premium of approximately $6.5 million.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On May&#xA0;31, 2014, the Company renewed certain insurance policies and entered into a finance agreement totaling approximately $1.7&#xA0;million. The finance agreement has a fixed interest rate of 1.92% with principal being repaid over a 9-month term.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On March&#xA0;26, 2014, in conjunction with the Aspen Grove Transaction, the Company obtained $11.0 million of mortgage debt from Fannie Mae. The new mortgage loan has a 12-year term with a 5.43% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.2 million in deferred financing costs related to this loan, which is being amortized over 12 years.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On March&#xA0;25, 2011, the Company issued standby letters of credit, totaling approximately $2.6 million, for the benefit of Health Care REIT, Inc. (&#x201C;HCN&#x201D;) on certain leases between HCN and the Company.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On September&#xA0;10, 2010, the Company issued standby letters of credit, totaling approximately $2.2 million, for the benefit of HCN on certain leases between HCN and the Company.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> On April&#xA0;16, 2010, the Company issued standby letters of credit, totaling approximately $1.7 million, for the benefit of HCN on certain leases between HCN and the Company.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> The senior housing communities owned by the Company and encumbered by mortgage debt are provided as collateral under their respective loan agreements. At September&#xA0;30, 2014 and December&#xA0;31, 2013, these communities carried a total net book value of approximately $723.6 million and $601.2 million, respectively, with total mortgage loans outstanding of approximately $623.9&#xA0;million and $476.2 million, respectively.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> In connection with the Company&#x2019;s loan commitments described above, the Company incurred financing charges that were deferred and amortized over the terms of the respective notes. At September&#xA0;30, 2014 and December&#xA0;31, 2013, the Company had gross deferred loan costs of approximately $8.4 million and $7.7 million, respectively. Accumulated amortization was approximately $2.2&#xA0;million and $3.2 million at September&#xA0;30, 2014 and December&#xA0;31, 2013, respectively.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> The Company must maintain certain levels of tangible net worth and comply with other restrictive covenants under the terms of certain promissory notes. The Company was in compliance with all of its debt covenants at September&#xA0;30, 2014 and December&#xA0;31,&#xA0;2013.</p> </div> -0.70 <div> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <i>Net Loss Per Share</i></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> Basic net loss per common share is computed by dividing net loss remaining after allocation to unvested restricted shares by the weighted average number of common shares outstanding for the period. Potentially dilutive securities consist of unvested restricted shares and shares that could be issued under outstanding stock options. Potentially dilutive securities are excluded from the computation of net loss per common share if their effect is antidilutive.</p> <p style="MARGIN-TOP: 12pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The following table sets forth the computation of basic and diluted net loss per common share (in thousands, except for per share amounts):</p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <tr> <td width="66%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"><b>Three Months Ended</b><br /> <b>September&#xA0;30,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"><b>Nine Months Ended</b><br /> <b>September&#xA0;30,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Net loss</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(5,759</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(9,963</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(20,225</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(14,109</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Net loss allocated to unvested restricted shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(143</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(309</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(513</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(441</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Undistributed net loss allocated to common shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(5,616</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(9,654</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(19,712</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(13,668</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Weighted average shares outstanding &#x2013; basic</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,371</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,911</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,273</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,769</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Effects of dilutive securities:</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; FONT-SIZE: 10pt"> Employee equity compensation plans</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Weighted average shares outstanding &#x2013; diluted</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,371</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,911</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,273</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,769</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Basic net loss per share</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.20</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.35</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.70</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.49</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Diluted net loss per share</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.20</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.35</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.70</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.49</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> <p style="MARGIN-TOP: 12pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> Awards of unvested restricted stock representing approximately 715,000 and 884,000 shares were outstanding for the three months ended September&#xA0;30, 2014 and 2013, respectively, and awards of unvested restricted stock representing approximately 725,000 and 887,000 shares were outstanding for the nine months ended September&#xA0;30, 2014 and 2013, respectively, and were included in the computation of allocable net loss.</p> </div> <div> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <i>Employee Health and Dental Benefits and Insurance Reserves</i></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The Company offers certain full-time employees an option to participate in its health and dental plans. The Company is self-insured up to certain limits and is insured if claims in excess of these limits are incurred. The cost of employee health and dental benefits, net of employee contributions, is shared between the corporate office and the senior living communities based on the respective number of plan participants. Funds collected are used to pay the actual program costs including estimated annual claims, third-party administrative fees, network provider fees, communication costs, and other related administrative costs incurred by the plans. Claims are paid as they are submitted to the Company&#x2019;s third-party administrator. The Company records a liability for outstanding claims and claims that have been incurred but not yet reported. This liability is based on the historical claim reporting lag and payment trends of health insurance claims. Management believes that the liability for outstanding losses and expenses is adequate to cover the ultimate cost of losses and expenses incurred at September&#xA0;30, 2014; however, actual claims and expenses may differ. Any subsequent changes in estimates are recorded in the period in which they are determined.</p> <p style="MARGIN-TOP: 12pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The Company uses a combination of insurance and self-insurance for workers&#x2019; compensation. Determining the reserve for workers&#x2019; compensation losses and costs that the Company has incurred as of the end of a reporting period involves significant judgments based on projected future events including potential settlements for pending claims, known incidents which may result in claims, estimates of incurred but not yet reported claims, changes in insurance premiums, estimated litigation costs and other factors. The Company regularly adjusts these estimates to reflect changes in the foregoing factors. However, since this reserve is based on estimates, the actual expenses incurred may differ from the amounts reserved. Any subsequent changes in estimates are recorded in the period in which they are determined.</p> </div> 0 10-Q CAPITAL SENIOR LIVING CORP CSU <div> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Income Taxes</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> At September&#xA0;30, 2014, the Company had recorded on its Consolidated Balance Sheet net deferred tax assets of approximately $0.4&#xA0;million and net deferred tax liabilities of approximately $0.4 million. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The effective tax rates for the first nine month periods and third quarters of fiscal 2014 and 2013 differ from the statutory tax rates due to state income taxes, permanent tax differences, and changes in the deferred tax asset valuation allowance. The Company is impacted by the Texas Margin Tax (&#x201C;TMT&#x201D;), which effectively imposes tax on modified gross revenues for communities within the State of Texas. During the third quarter of fiscal 2014 and third quarter of fiscal 2013, the Company consolidated 36 Texas communities and the TMT increased the overall provision for income taxes.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 12pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> Income taxes are computed using the asset and liability method and current income taxes are recorded based on amounts refundable or payable in the current year. Deferred income taxes are recorded based on the estimated future tax effects of loss carryforwards and temporary differences between financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates that are expected to apply to taxable income in the years in which we expect those carryforwards and temporary differences to be recovered or settled. Management regularly evaluates the future realization of deferred tax assets and provides a valuation allowance, if considered necessary, based on such evaluation. As part of the evaluation, management has evaluated taxable income in carryback years, future reversals of taxable temporary differences, feasible tax planning strategies, and future expectations of income. Based upon this analysis, an adjustment to the valuation allowance of $2.1&#xA0;million and $7.5 million was recorded during the third quarters of fiscal 2014 and 2013, respectively, to increase the valuation allowance provided to $16.3 million and $7.5 million at September&#xA0;30, 2014 and 2013, respectively, and reduce the Company&#x2019;s net deferred tax assets to the amount that is more likely than not to be realized. However, in the event that we were to determine that it would be more likely than not that the Company would realize the benefit of deferred tax assets in the future in excess of their net recorded amounts, adjustments to deferred tax assets would increase net income in the period such determination was made. Additionally, the benefits of the net deferred tax assets might not be realized if actual results differ from expectations.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 12pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company evaluates uncertain tax positions through consideration of accounting and reporting guidance on criteria, measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition that is intended to provide better financial-statement comparability among different companies. The Company is required to recognize a tax benefit in its financial statements for an uncertain tax position only if management&#x2019;s assessment is that such position is &#x201C;more likely than not&#x201D; (<i>i.e</i>., a greater than 50% likelihood) to be upheld on audit based only on the technical merits of the tax position. The Company&#x2019;s policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as income tax expense. The Company is generally no longer subject to federal and state income tax audits for tax years prior to 2010.</p> </div> <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> A summary of the Company&#x2019;s stock option activity and related information for the nine month period ended September&#xA0;30, 2014, is presented below:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr> <td width="54%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> Beginning of<br /> Period</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Granted</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Exercised</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Forfeited</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> End of Period</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Options<br /> Exercisable</td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">19,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">13,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average exercise price per share</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">7.10</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.48</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">8.44</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">8.44</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> </div> 0 Accelerated Filer 0 35085000 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> <b>3. TRANSACTIONS WITH AFFILIATES</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> <i>SHPIII/CSL Miami</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> In May 2007, the Company with Senior Housing Partners III, L.P. (&#x201C;SHPIII&#x201D;) formed SHPIII/CSL Miami, LLC (&#x201C;SHPIII/CSL Miami&#x201D;) to develop a senior housing community in Miamisburg, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Miami for its 10% interest. The Company accounted for its investment in SHPIII/CSL Miami under the equity method of accounting and recognized earnings (losses) in the equity of SHPIII/CSL Miami of $8,500 and $(600) during the six month periods ended June&#xA0;30, 2014 and 2013, respectively. In addition, the Company earned $0.1 million in management fees on the SHPIII/CSL Miami community in each of the six month periods ended June&#xA0;30, 2014 and 2013. On June&#xA0;30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Miami. For additional information refer to Note 4, &#x201C;Acquisitions.&#x201D;</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>SHPIII/CSL Richmond Heights</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> In November 2007, the Company with SHPIII formed SHPIII/CSL Richmond Heights, LLC (&#x201C;SHPIII/CSL Richmond Heights&#x201D;) to develop a senior housing community in Richmond Heights, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Richmond Heights for its 10% interest. The Company accounted for its investment in SHPIII/CSL Richmond Heights under the equity method of accounting and recognized earnings in the equity of SHPIII/CSL Richmond Heights of $70,700 and $23,700 during the six month periods ended June&#xA0;30, 2014 and 2013, respectively. In addition, the Company earned $0.2 million and $0.1 million in management fees on the SHPIII/CSL Richmond Heights community during the six month periods ended June&#xA0;30, 2014 and 2013, respectively. On June&#xA0;30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Richmond Heights. For additional information refer to Note 4, &#x201C;Acquisitions.&#x201D;</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>SHPIII/CSL Levis Commons</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> In December 2007, the Company with SHPIII formed SHPIII/CSL Levis Commons, LLC (&#x201C;SHPIII/CSL Levis Commons&#x201D;) to develop a senior housing community near Toledo, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Levis Commons for its 10% interest. The Company accounted for its investment in SHPIII/CSL Levis Commons under the equity method of accounting and recognized earnings in the equity of SHPIII/CSL Levis Commons of $25,400 and $9,900 during the six month periods ended June&#xA0;30, 2014 and 2013, respectively. In addition, the Company earned $0.1 million in management fees on the SHPIII/CSL Levis Commons community in each of the six month periods ended June&#xA0;30, 2014 and 2013. On June&#xA0;30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Levis Commons. For additional information refer to Note 4, &#x201C;Acquisitions.&#x201D;</p> </div> 0.00 0 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> A summary of the Company&#x2019;s restricted stock awards activity and related information for the nine month period ended September&#xA0;30, 2014, is presented below:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr> <td width="55%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> Beginning of<br /> Period</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Granted</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Vested</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Forfeited/Cancelled</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> End of Period</td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">870,217</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">341,716</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">392,047</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">104,643</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">715,243</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> </div> 0 2014-09-30 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>6. EQUITY</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> <i>Preferred Stock</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The Company is authorized to issue preferred stock in series and to fix and state the voting powers and such designations, preferences and relative participating, optional or other special rights of the shares of each such series and the qualifications, limitations and restrictions thereof. Such action may be taken by the Company&#x2019;s board of directors without stockholder approval. The rights, preferences and privileges of holders of common stock are subject to the rights of the holders of preferred stock. No preferred stock was outstanding as of September&#xA0;30, 2014 and December&#xA0;31, 2013.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Share Repurchases</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> On January&#xA0;22, 2009, the Company&#x2019;s board of directors approved a share repurchase program that authorized the Company to purchase up to $10.0 million of the Company&#x2019;s common stock.&#xA0;Purchases may be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or block trades, or by any combination of such methods, in accordance with applicable insider trading and other securities laws and regulations.&#xA0;The size, scope and timing of any purchases will be based on business, market and other conditions and factors, including price, regulatory and contractual requirements or consents, and capital availability.&#xA0;The repurchase program does not obligate the Company to acquire any particular amount of common stock and the share repurchase authorization has no stated expiration date. Shares of stock repurchased under the program will be held as treasury shares. Pursuant to this authorization, during fiscal 2009, the Company purchased 349,800 shares at an average cost of $2.67 per share for a total cost to the Company of approximately $0.9 million. All such purchases were made in open market transactions. The Company has not purchased any additional shares of its common stock pursuant to the Company&#x2019;s share repurchase program subsequent to fiscal 2009.</p> </div> false --12-31 2014 28273000 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>4. ACQUISITIONS</b></p> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> <i>Fiscal 2014</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Effective August&#xA0;27, 2014, the Company closed the acquisition of one senior living community located in Plymouth, Wisconsin, for approximately $13.5 million (the &#x201C;Plymouth Transaction&#x201D;). The community consists of 69 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $10.4 million of the acquisition price at a fixed rate of 4.70% with a 10-year term with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective August&#xA0;4, 2014, the Company closed the acquisition of one senior living community located in Roanoke, Virginia, for approximately $16.8 million (the &#x201C;Roanoke Transaction&#x201D;). The community consists of 60 assisted living units and 34 independent living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $12.9 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective August&#xA0;4, 2014, the Company closed the acquisition of one senior living community located in Oshkosh, Wisconsin, for approximately $17.1 million (the &#x201C;Oshkosh Transaction&#x201D;). The community consists of 90 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $13.2 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective June&#xA0;30, 2014, the Company acquired 100% of the members&#x2019; equity interests in SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons for approximately $83.6 million (the &#x201C;SHPIII/CSL Transaction&#x201D;). Prior to the acquisition, Senior Housing Partners III, a fund managed by Prudential Investment Management Inc. (&#x201C;Prudential Investment&#x201D;) maintained a 90% equity interest in each joint venture with the remaining 10% equity interest in each joint venture held by wholly owned subsidiaries of the Company. Based on the Company acquiring the remaining ownership interests of the joint ventures, the Company concluded the acquisition took the form of a &#x201C;step-acquisition&#x201D; or a &#x201C;business combination achieved in stages.&#x201D; Further, with the Company obtaining complete ownership of the joint ventures, the act of obtaining control triggered the application of the acquisition model in Accounting Standards Codification (&#x201C;ASC&#x201D;) 805, <i>Business Combinations</i>, which resulted in the new equity ownership interest being remeasured at fair value and the acquired assets and assumed liabilities measured at their full fair values. The remeasurement fair value of the equity interests were determined based on the cash proceeds, including incentive distributions, received by the Company in accordance with each respective joint venture partnership agreement. Accordingly, the Company recognized a gain of approximately $1.5 million during the second quarter of fiscal 2014 which was reflected as a joint venture equity investment valuation gain within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> On June&#xA0;30, 2014, in conjunction with the SHPIII/CSL Transaction, the Company obtained $16.4 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Miami. The new mortgage loan has a 10-year term with a fixed interest rate of 4.30% and the principal amortized over a 30-year term. The Company also obtained $23.7 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights. The new mortgage loan has a 10-year term with a fixed interest rate of 4.48% and the principal amortized over a 30-year term. The Company obtained interim, interest only, financing of $21.6 million from Wells Fargo Bank, N.A. (&#x201C;Wells Fargo&#x201D;) for the acquisition of SHPIII/CSL Levis Commons with a variable interest rate of LIBOR plus 2.75% and a 24-month term. The balance of the acquisition price was paid from the Company&#x2019;s existing cash resources. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective March&#xA0;26, 2014, the Company closed the acquisition of one senior living community located in Lambertville, Michigan, for $14.6 million (the &#x201C;Aspen Grove Transaction&#x201D;). The community consists of 78 assisted living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for $11.0 million of the acquisition price at a fixed rate of 5.43% with a 12-year term with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> As a result of these acquisitions, for which the purchase accounting is preliminary as it is subject to final valuation adjustments, the Company recorded additions to property and equipment of approximately $132.9 million and other assets of approximately $12.7&#xA0;million, primarily consisting of in-place lease intangibles, within the Company&#x2019;s Consolidated Balance Sheets which will be depreciated or amortized over the estimated useful lives.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Fiscal 2013</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Effective December&#xA0;24, 2013, the Company closed the acquisition of three senior living communities located in Plainfield, Fort Wayne, and Charlestown, Indiana, for $57.0 million (the &#x201C;Indiana Transaction&#x201D;). The communities consist of 48 independent living units and 304 assisted living units. The Company incurred approximately $0.3 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $43.7 million of the acquisition price at fixed rates of 5.56% with 10-year terms with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective December&#xA0;24, 2013, the Company closed the acquisition of one senior living community located in Spartanburg, South Carolina, for approximately $7.9 million (the &#x201C;Dillon Pointe Transaction&#x201D;). The community consists of 36 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $5.6 million of the acquisition price at a fixed rate of 5.56% with a 10-year term with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> Effective October&#xA0;31, 2013, the Company closed the acquisition of one senior living community located in Milford, Massachusetts, for approximately $15.8 million (the &#x201C;Whitcomb House Transaction&#x201D;). The community consists of 68 assisted living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $11.9 million of the acquisition price at a fixed rate of 5.38% with a 10-year term with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective October&#xA0;23, 2013, the Company closed the acquisition of one senior living community located in Fitchburg, Wisconsin, for approximately $16.0 million (the &#x201C;Fitchburg Transaction&#x201D;). The community consists of 82 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $11.9 million of the acquisition price at a fixed rate of 5.50% with a 10-year term with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective September&#xA0;30, 2013, the Company closed the acquisition of one senior living community located in Oakwood, Georgia, for approximately $11.8 million (the &#x201C;Oakwood Transaction&#x201D;). The community consists of 64 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained interim financing from Berkadia Commercial Mortgage LLC (&#x201C;Berkadia&#x201D;) for approximately $8.5 million of the acquisition price at a variable interest rate of LIBOR plus 3.75% with a maturity date of October&#xA0;10, 2015, with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective September&#xA0;5, 2013, the Company closed the acquisition of one senior living community located in Middletown, Ohio, for $9.9 million (the &#x201C;Middletown Transaction&#x201D;). The community consists of 61 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $7.6 million of the acquisition price at a fixed interest rate of 5.93% with a 10-year term, with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective June&#xA0;28, 2013, the Company closed the acquisition of one senior living community located in Greencastle, Indiana, for $6.3&#xA0;million (the &#x201C;Autumn Glen Transaction&#x201D;). The community consists of 52 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained interim financing from Berkadia for approximately $4.6 million of the acquisition price at a variable interest rate of LIBOR plus 3.75% with a maturity date of July&#xA0;10, 2015, with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective May&#xA0;31, 2013, the Company closed the acquisition of one senior living community located in St. Joseph, Missouri, for $19.1&#xA0;million (the &#x201C;Vintage Transaction&#x201D;). The community consists of 80 assisted living units and 22 independent living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $14.5 million of the acquisition price at a fixed interest rate of 5.30% with a 12-year term, with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Effective March&#xA0;7, 2013, the Company closed the acquisition of one senior living community located in Elkhorn, Nebraska, for approximately $6.7 million (the &#x201C;Elkhorn Transaction&#x201D;). The community consists of 64 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for $4.0 million of the acquisition price at a fixed interest rate of 4.66% with a 10-year term, with the balance of the acquisition price paid from the Company&#x2019;s existing cash resources.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> As a result of these acquisitions, the Company recorded additions to property and equipment of approximately $135.4 million and other assets of approximately $15.1 million, primarily consisting of in-place lease intangibles, within the Company&#x2019;s Consolidated Balance Sheets which will be depreciated or amortized over the estimated useful lives.</p> </div> -0.70 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <b>1. BASIS OF PRESENTATION</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Capital Senior Living Corporation, a Delaware corporation (together with its subsidiaries, the &#x201C;Company&#x201D;), is one of the largest operators of senior living communities in the United States in terms of resident capacity. The Company owns, operates and manages senior living communities in geographically concentrated regions throughout the United States. As of September&#xA0;30, 2014, the Company operated 116 senior living communities in 26 states with an aggregate capacity of approximately 15,000 residents, including 66 senior living communities which the Company owned and 50 senior living communities that the Company leased. As of September&#xA0;30, 2014, the Company also operated one home care agency. The accompanying consolidated financial statements include the financial statements of Capital Senior Living Corporation and its wholly owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. The Company accounts for significant investments in unconsolidated companies, in which the Company has significant influence, using the equity method of accounting.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The accompanying Consolidated Balance Sheet, as of December&#xA0;31, 2013, has been derived from audited consolidated financial statements of the Company for the year ended December&#xA0;31, 2013, and the accompanying unaudited consolidated financial statements, as of and for the three and nine month periods ended September&#xA0;30, 2014 and 2013, have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to those rules and regulations. For further information, refer to the financial statements and notes thereto for the year ended December&#xA0;31, 2013, included in the Company&#x2019;s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March&#xA0;3, 2014.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> In the opinion of the Company, the accompanying consolidated financial statements contain all adjustments (all of which were normal recurring accruals) necessary to present fairly the Company&#x2019;s financial position as of September&#xA0;30, 2014, results of operations for the three and nine month periods ended September&#xA0;30, 2014 and 2013, and cash flows for the nine month periods ended September&#xA0;30, 2014 and 2013. The results of operations for the three and nine month periods ended September&#xA0;30, 2014, are not necessarily indicative of the results for the year ending December&#xA0;31, 2014.</p> </div> <div> <p style="MARGIN-TOP: 12pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The following table sets forth the computation of basic and diluted net loss per common share (in thousands, except for per share amounts):</p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <tr> <td width="66%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"><b>Three Months Ended</b><br /> <b>September&#xA0;30,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"><b>Nine Months Ended</b><br /> <b>September&#xA0;30,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Net loss</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(5,759</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(9,963</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(20,225</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(14,109</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Net loss allocated to unvested restricted shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(143</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(309</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(513</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(441</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Undistributed net loss allocated to common shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(5,616</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(9,654</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(19,712</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(13,668</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Weighted average shares outstanding &#x2013; basic</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,371</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,911</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,273</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,769</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Effects of dilutive securities:</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; FONT-SIZE: 10pt"> Employee equity compensation plans</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Weighted average shares outstanding &#x2013; diluted</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,371</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,911</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,273</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,769</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Basic net loss per share</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.20</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.35</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.70</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.49</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Diluted net loss per share</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.20</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.35</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.70</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.49</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> </div> <div> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <b>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Investments in Unconsolidated Joint Ventures</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company accounted for its investments in three unconsolidated joint ventures under the equity method of accounting. The Company had not consolidated these joint venture interests because the Company had concluded that the other member of each joint venture had substantive kick-out rights or substantive participating rights. Under the equity method of accounting, the Company recorded its investments in unconsolidated joint ventures at cost and adjusted such investments for its share of earnings and losses of the joint ventures. On June&#xA0;30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, &#x201C;Acquisitions.&#x201D;</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Lease Accounting</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company determines whether to account for its leases as either operating, capital or financing leases depending on the underlying terms of each lease agreement. This determination of classification is complex and requires significant judgment relating to certain information including the estimated fair value and remaining economic life of the community, the Company&#x2019;s cost of funds, minimum lease payments and other lease terms. As of September&#xA0;30, 2014, the Company leased 50 senior living communities, 48 of which the Company classified as operating leases and two of which the Company classified as capital lease and financing obligations. The Company incurs lease acquisition costs and amortizes these costs over the term of the respective lease agreement. Certain leases entered into by the Company qualified as sale/leaseback transactions, and as such, any related gains have been deferred and are being amortized over the respective lease term. Facility lease expense in the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss includes rent expense plus amortization expense relating to leasehold acquisition costs slightly offset by the amortization of deferred gains and lease incentives. There are various financial covenants and other restrictions in the Company&#x2019;s lease agreements. The Company was in compliance with all of its lease covenants at September&#xA0;30, 2014.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Credit Risk and Allowance for Doubtful Accounts</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company&#x2019;s resident receivables are generally due within 30 days from the date billed. Accounts receivable are reported net of an allowance for doubtful accounts, and represent the Company&#x2019;s estimate of the amount that ultimately will be collected. The adequacy of the Company&#x2019;s allowance for doubtful accounts is reviewed on an ongoing basis, using historical payment trends, write-off experience, analyses of receivable portfolios by payor source and aging of receivables, as well as a review of specific accounts, and adjustments are made to the allowance as necessary. Credit losses on resident receivables have historically been within management&#x2019;s estimates, and management believes that the allowance for doubtful accounts adequately provides for expected losses.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Employee Health and Dental Benefits and Insurance Reserves</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company offers certain full-time employees an option to participate in its health and dental plans. The Company is self-insured up to certain limits and is insured if claims in excess of these limits are incurred. The cost of employee health and dental benefits, net of employee contributions, is shared between the corporate office and the senior living communities based on the respective number of plan participants. Funds collected are used to pay the actual program costs including estimated annual claims, third-party administrative fees, network provider fees, communication costs, and other related administrative costs incurred by the plans. Claims are paid as they are submitted to the Company&#x2019;s third-party administrator. The Company records a liability for outstanding claims and claims that have been incurred but not yet reported. This liability is based on the historical claim reporting lag and payment trends of health insurance claims. Management believes that the liability for outstanding losses and expenses is adequate to cover the ultimate cost of losses and expenses incurred at September&#xA0;30, 2014; however, actual claims and expenses may differ. Any subsequent changes in estimates are recorded in the period in which they are determined.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 12pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company uses a combination of insurance and self-insurance for workers&#x2019; compensation. Determining the reserve for workers&#x2019; compensation losses and costs that the Company has incurred as of the end of a reporting period involves significant judgments based on projected future events including potential settlements for pending claims, known incidents which may result in claims, estimates of incurred but not yet reported claims, changes in insurance premiums, estimated litigation costs and other factors. The Company regularly adjusts these estimates to reflect changes in the foregoing factors. However, since this reserve is based on estimates, the actual expenses incurred may differ from the amounts reserved. Any subsequent changes in estimates are recorded in the period in which they are determined.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Income Taxes</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> At September&#xA0;30, 2014, the Company had recorded on its Consolidated Balance Sheet net deferred tax assets of approximately $0.4&#xA0;million and net deferred tax liabilities of approximately $0.4 million. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The effective tax rates for the first nine month periods and third quarters of fiscal 2014 and 2013 differ from the statutory tax rates due to state income taxes, permanent tax differences, and changes in the deferred tax asset valuation allowance. The Company is impacted by the Texas Margin Tax (&#x201C;TMT&#x201D;), which effectively imposes tax on modified gross revenues for communities within the State of Texas. During the third quarter of fiscal 2014 and third quarter of fiscal 2013, the Company consolidated 36 Texas communities and the TMT increased the overall provision for income taxes.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 12pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> Income taxes are computed using the asset and liability method and current income taxes are recorded based on amounts refundable or payable in the current year. Deferred income taxes are recorded based on the estimated future tax effects of loss carryforwards and temporary differences between financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates that are expected to apply to taxable income in the years in which we expect those carryforwards and temporary differences to be recovered or settled. Management regularly evaluates the future realization of deferred tax assets and provides a valuation allowance, if considered necessary, based on such evaluation. As part of the evaluation, management has evaluated taxable income in carryback years, future reversals of taxable temporary differences, feasible tax planning strategies, and future expectations of income. Based upon this analysis, an adjustment to the valuation allowance of $2.1&#xA0;million and $7.5 million was recorded during the third quarters of fiscal 2014 and 2013, respectively, to increase the valuation allowance provided to $16.3 million and $7.5 million at September&#xA0;30, 2014 and 2013, respectively, and reduce the Company&#x2019;s net deferred tax assets to the amount that is more likely than not to be realized. However, in the event that we were to determine that it would be more likely than not that the Company would realize the benefit of deferred tax assets in the future in excess of their net recorded amounts, adjustments to deferred tax assets would increase net income in the period such determination was made. Additionally, the benefits of the net deferred tax assets might not be realized if actual results differ from expectations.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 12pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company evaluates uncertain tax positions through consideration of accounting and reporting guidance on criteria, measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition that is intended to provide better financial-statement comparability among different companies. The Company is required to recognize a tax benefit in its financial statements for an uncertain tax position only if management&#x2019;s assessment is that such position is &#x201C;more likely than not&#x201D; (<i>i.e</i>., a greater than 50% likelihood) to be upheld on audit based only on the technical merits of the tax position. The Company&#x2019;s policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as income tax expense. The Company is generally no longer subject to federal and state income tax audits for tax years prior to 2010.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Net Loss Per Share</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> Basic net loss per common share is computed by dividing net loss remaining after allocation to unvested restricted shares by the weighted average number of common shares outstanding for the period. Potentially dilutive securities consist of unvested restricted shares and shares that could be issued under outstanding stock options. Potentially dilutive securities are excluded from the computation of net loss per common share if their effect is antidilutive.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 12pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The following table sets forth the computation of basic and diluted net loss per common share (in thousands, except for per share amounts):</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 0pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 12pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="TEXT-TRANSFORM: none; TEXT-INDENT: 0px; LETTER-SPACING: normal; BORDER-COLLAPSE: collapse; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt; WORD-SPACING: 0px; -webkit-text-stroke-width: 0px" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <tr> <td width="66%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Three Months Ended</b><br /> <b>September&#xA0;30,</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>Nine Months Ended</b><br /> <b>September&#xA0;30,</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Net loss</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(5,759</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(9,963</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(20,225</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(14,109</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1pt"> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Net loss allocated to unvested restricted shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(143</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(309</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(513</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(441</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1pt"> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Undistributed net loss allocated to common shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(5,616</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(9,654</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(19,712</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">(13,668</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1pt"> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Weighted average shares outstanding &#x2013; basic</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,371</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,911</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,273</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,769</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Effects of dilutive securities:</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 3em; FONT-SIZE: 10pt"> Employee equity compensation plans</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Weighted average shares outstanding &#x2013; diluted</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,371</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,911</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">28,273</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">27,769</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Basic net loss per share</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.20</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.35</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.70</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.49</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Diluted net loss per share</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.20</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.35</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.70</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">(0.49</td> <td valign="bottom" nowrap="nowrap">)&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 12pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> Awards of unvested restricted stock representing approximately 715,000 and 884,000 shares were outstanding for the three months ended September&#xA0;30, 2014 and 2013, respectively, and awards of unvested restricted stock representing approximately 725,000 and 887,000 shares were outstanding for the nine months ended September&#xA0;30, 2014 and 2013, respectively, and were included in the computation of allocable net loss.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Treasury Stock</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> The Company accounts for treasury stock under the cost method and includes treasury stock as a component of stockholders&#x2019; equity.</p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 18pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> <i>Recently Issued Accounting Guidance</i></p> <p style="TEXT-TRANSFORM: none; MARGIN-TOP: 6pt; TEXT-INDENT: 0px; LETTER-SPACING: normal; FONT: 10pt 'Times New Roman'; WHITE-SPACE: normal; MARGIN-BOTTOM: 0pt; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px"> In April 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued ASU 2014-08,&#xA0;<i>Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</i>. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new and expanded disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The guidance provided in ASU 2014-08 is applied prospectively and is effective for fiscal years beginning on or after December&#xA0;15, 2014; however, early adoption is permitted.</p> </div> 0001043000 <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>7. STOCK-BASED COMPENSATION</b></p> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The Company recognizes compensation expense for share-based stock awards to certain employees and directors, including grants of employee stock options and awards of restricted stock, in the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss based on their fair values.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> On May&#xA0;8, 2007, the Company&#x2019;s stockholders approved the 2007 Omnibus Stock and Incentive Plan for Capital Senior Living Corporation (as amended, the &#x201C;2007 Plan&#x201D;), which provides for, among other things, the grant of restricted stock awards and stock options to purchase shares of the Company&#x2019;s common stock. The 2007 Plan authorizes the Company to issue up to 2.6&#xA0;million shares of common stock and the Company has reserved shares of common stock for future issuance pursuant to awards under the 2007 Plan. Effective May&#xA0;8, 2007, the 1997 Omnibus Stock and Incentive Plan (as amended, the &#x201C;1997 Plan&#x201D;) was terminated and no additional shares will be granted under the 1997 Plan. The Company has reserved shares of common stock for future issuance upon the exercise of stock options that remain outstanding pursuant to the 1997 Plan.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Stock Options</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The Company&#x2019;s stock option program is a long-term retention program that is intended to attract, retain and provide incentives for employees, officers and directors and to more closely align stockholder and employee interests. The Company&#x2019;s stock options generally vest over a period of one to five years and the related expense is amortized on a straight-line basis over the vesting period.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> A summary of the Company&#x2019;s stock option activity and related information for the nine month period ended September&#xA0;30, 2014, is presented below:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"><!-- Begin Table Head --> <tr> <td width="54%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> Beginning&#xA0;of<br /> Period</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Granted</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Exercised</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Forfeited</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> End of Period</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Options<br /> Exercisable</td> <td valign="bottom">&#xA0;</td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">19,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">13,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6,000</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Weighted average exercise price per share</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">7.10</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">6.48</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">8.44</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">8.44</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <!-- End Table Body --></table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The options outstanding and the options exercisable at September&#xA0;30, 2014, each had an intrinsic value of approximately $0.1 million.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Restricted Stock</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The Company may grant restricted stock awards to certain employees, officers, and directors in order to attract, retain, and provide incentives for such individuals and to more closely align stockholder and employee interests. For restricted stock awards without performance-based vesting conditions, the Company records compensation expense for the entire award on a straight-line basis over the requisite service period, which is generally a period of three to four years, but such awards are considered outstanding at the time of grant since the holders thereof are entitled to dividends and voting rights.&#xA0;For restricted stock awards with performance-based vesting conditions, total compensation expense is recognized over the requisite service period for each separately vesting tranche of the award as if the award is, in substance, multiple awards once the performance target is deemed probable of achievement. Performance goals are evaluated periodically, and if such goals are not ultimately met or it is not probable the goals will be achieved, no compensation expense is recognized and any previously recognized compensation expense is reversed.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The Company recognizes compensation expense of a restricted stock award over its respective vesting or performance period based on the fair value of the award on the grant date, net of forfeitures. A summary of the Company&#x2019;s restricted stock awards activity and related information for the nine month period ended September&#xA0;30, 2014, is presented below:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"><!-- Begin Table Head --> <tr> <td width="55%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> Beginning&#xA0;of&#xA0;Period</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Granted</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Vested</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Forfeited/Cancelled</td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center">Outstanding&#xA0;at<br /> End of Period</td> <td valign="bottom">&#xA0;</td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Shares</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">870,217</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">341,716</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">392,047</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">104,643</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">715,243</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <!-- End Table Body --></table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The restricted stock outstanding at September&#xA0;30, 2014, had an intrinsic value of approximately $15.2 million.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> During the nine months ended September&#xA0;30, 2014, the Company granted 341,716 shares of restricted common stock to certain employees and directors of the Company, of which 121,667 shares were subject to performance-based vesting conditions. The average market value of the common stock on the date of grant was $25.41. These awards of restricted shares vest over a one to four-year period and had an intrinsic value of approximately $8.7 million on the date of grant. During the nine months ended September&#xA0;30, 2014, the Company cancelled 104,643 shares of restricted common stock granted of which 15,000 shares related to forfeitures associated with certain employee separations from the Company and the remaining 89,643 shares related to stock awards for which certain performance-based vesting conditions had not been met.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Stock-Based Compensation</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The Company uses the Black-Scholes option pricing model to estimate the grant date fair value of its stock options. The Black-Scholes model requires the input of certain assumptions including expected volatility, expected dividend yield, expected life of the option and the risk free interest rate. The expected volatility used by the Company is based primarily on an analysis of historical prices of the Company&#x2019;s common stock. The expected term of options granted is based primarily on historical exercise and vesting patterns on the Company&#x2019;s outstanding stock options. The risk free rate is based on zero-coupon U.S. Treasury yields in effect at the date of grant with the same period as the expected option life. The Company does not currently plan to pay dividends on its common stock and therefore has used a dividend yield of zero in determining the fair value of its awards. The option forfeiture rate assumption used by the Company, which affects the expense recognized as opposed to the fair value of the awards, is based primarily on the Company&#x2019;s historical option forfeiture patterns. The Company issued no stock options during each of the first nine months of fiscal 2014 and 2013.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The Company has total stock-based compensation expense, including estimated forfeitures, of $8.4 million, which was not recognized as of September&#xA0;30, 2014, and expects this expense to be recognized over approximately a one to four-year period.</p> </div> <div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>9. FAIR VALUE OF FINANCIAL INSTRUMENTS</b></p> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The carrying amounts and fair values of financial instruments at September&#xA0;30, 2014, and December&#xA0;31, 2013, are as follows (in thousands):</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"><!-- Begin Table Head --> <tr> <td width="64%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Carrying</b><br /> <b>Amount</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Fair Value</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Carrying</b><br /> <b>Amount</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Fair Value</b></td> <td valign="bottom">&#xA0;</td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Cash and cash equivalents</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">27,816</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">27,816</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">13,611</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">13,611</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Restricted cash</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,468</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,468</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,425</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,425</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Notes payable</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">624,921</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">601,472</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">479,294</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">459,708</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <!-- End Table Body --></table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The following methods and assumptions were used in estimating its fair value disclosures for financial instruments:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <i>Cash and cash equivalents and Restricted cash:</i> The carrying amounts reported in the Company&#x2019;s Consolidated Balance Sheets for cash and cash equivalents and restricted cash approximate fair value.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <i>Notes payable:</i> The fair value of notes payable is estimated using discounted cash flow analysis, based on current incremental borrowing rates for similar types of borrowing arrangements, which represent level 2 inputs as defined in the accounting standards codification.</p> </div> <div> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <i>Recently Issued Accounting Guidance</i></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> In April 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued ASU 2014-08, <i>Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</i>. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new and expanded disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The guidance provided in ASU 2014-08 is applied prospectively and is effective for fiscal years beginning on or after December&#xA0;15, 2014; however, early adoption is permitted.</p> </div> Q3 <div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> The carrying amounts and fair values of financial instruments at September&#xA0;30, 2014, and December&#xA0;31, 2013, are as follows (in thousands):</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="64%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>2014</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="6" align="center"><b>2013</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Carrying</b><br /> <b>Amount</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Fair Value</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Carrying</b><br /> <b>Amount</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b>Fair Value</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Cash and cash equivalents</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">27,816</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">27,816</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">13,611</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">13,611</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Restricted cash</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,468</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,468</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,425</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">11,425</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Notes payable</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">624,921</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">601,472</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">479,294</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">459,708</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> </table> <br class="Apple-interchange-newline" /></div> <div> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <i>Lease Accounting</i></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The Company determines whether to account for its leases as either operating, capital or financing leases depending on the underlying terms of each lease agreement. This determination of classification is complex and requires significant judgment relating to certain information including the estimated fair value and remaining economic life of the community, the Company&#x2019;s cost of funds, minimum lease payments and other lease terms. As of September&#xA0;30, 2014, the Company leased 50 senior living communities, 48 of which the Company classified as operating leases and two of which the Company classified as capital lease and financing obligations. The Company incurs lease acquisition costs and amortizes these costs over the term of the respective lease agreement. Certain leases entered into by the Company qualified as sale/leaseback transactions, and as such, any related gains have been deferred and are being amortized over the respective lease term. Facility lease expense in the Company&#x2019;s Consolidated Statements of Operations and Comprehensive Loss includes rent expense plus amortization expense relating to leasehold acquisition costs slightly offset by the amortization of deferred gains and lease incentives. There are various financial covenants and other restrictions in the Company&#x2019;s lease agreements. The Company was in compliance with all of its lease covenants at September&#xA0;30, 2014.</p> </div> 13000 28273000 714000 13394000 1519000 -19712000 283765000 -3080000 -756000 -410000 -19646000 145555000 8443000 -11000 -20225000 630000 3110000 -604000 22000 20873000 128553000 3115000 -20225000 40000 2481000 91000 105000 280240000 0 117000 6979000 999000 -82000 22785000 102000 517000 14205000 579000 267685000 3110000 35607000 135431000 169000 922000 3203000 -156311000 4000 275322000 44524000 132900000 15137000 249000 -43000 5676000 2532000 376000 P4Y <div> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <i>Treasury Stock</i></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The Company accounts for treasury stock under the cost method and includes treasury stock as a component of stockholders&#x2019; equity.</p> </div> P3Y P1Y 0.50 12700000 -513000 P1Y 0 <div> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <i>Investments in Unconsolidated Joint Ventures</i></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The Company accounted for its investments in three unconsolidated joint ventures under the equity method of accounting. The Company had not consolidated these joint venture interests because the Company had concluded that the other member of each joint venture had substantive kick-out rights or substantive participating rights. Under the equity method of accounting, the Company recorded its investments in unconsolidated joint ventures at cost and adjusted such investments for its share of earnings and losses of the joint ventures. On June&#xA0;30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, &#x201C;Acquisitions.&#x201D;</p> </div> 0 <div> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <i>Credit Risk and Allowance for Doubtful Accounts</i></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The Company&#x2019;s resident receivables are generally due within 30 days from the date billed. Accounts receivable are reported net of an allowance for doubtful accounts, and represent the Company&#x2019;s estimate of the amount that ultimately will be collected. The adequacy of the Company&#x2019;s allowance for doubtful accounts is reviewed on an ongoing basis, using historical payment trends, write-off experience, analyses of receivable portfolios by payor source and aging of receivables, as well as a review of specific accounts, and adjustments are made to the allowance as necessary. Credit losses on resident receivables have historically been within management&#x2019;s estimates, and management believes that the allowance for doubtful accounts adequately provides for expected losses.</p> </div> P4Y 6.48 415000 725000 171268000 P30D P5Y 15000 392047 341716 89643 104643 121667 P1Y P4Y LIBOR plus 4.5% 200000 P10Y 34 60 P10Y P30Y P10Y 100000 P10Y 90 P10Y P30Y P10Y 800000 800000 349800 2.67 900000 135400000 15100000 -0.35 0 27911000 -0.35 27911000 7500000 -9654000 87983000 -2960000 2900000 13000 -9963000 1445000 10000 -9963000 17000 43000 86333000 5943000 7003000 1445000 10533000 85083000 14274000 5026000 869000 -309000 36 205000 884000 52936000 -0.20 0 28371000 -0.20 28371000 16300000 -5616000 98483000 -5560000 2679000 -1000 -5759000 17000 5000 -5759000 12000 98466000 8255000 199000 17000 13840000 95804000 14841000 5515000 1599000 -143000 36 715000 59992000 0001043000 2014-07-01 2014-09-30 0001043000 2013-07-01 2013-09-30 0001043000 2013-01-01 2013-12-31 0001043000 2009-01-01 2009-12-31 0001043000 csu:ShpiiiCslLevisCommonsMember 2007-12-01 2007-12-31 0001043000 csu:ShpiiiCslRichmondHeightsMember 2007-11-01 2007-11-30 0001043000 csu:OshkoshTransactionMembercsu:FourPointFiveNinePercentageMember 2014-08-02 2014-08-04 0001043000 csu:OshkoshTransactionMember 2014-08-02 2014-08-04 0001043000 csu:RoanokeTransactionMembercsu:FourPointFiveNinePercentageMember 2014-08-02 2014-08-04 0001043000 csu:RoanokeTransactionMember 2014-08-02 2014-08-04 0001043000 csu:BerkadiaCommercialMortgageMemberus-gaap:LondonInterbankOfferedRateLIBORMember 2014-01-01 2014-09-30 0001043000 us-gaap:RestrictedStockMember 2014-01-01 2014-09-30 0001043000 2014-01-01 2014-09-30 0001043000 2013-01-01 2013-09-30 0001043000 csu:ShpiiiCslMiamiMember 2007-05-09 2007-05-31 0001043000 csu:FitchburgTransactionMember 2013-10-22 2013-10-23 0001043000 csu:OakwoodTransactionMember 2013-09-29 2013-09-30 0001043000 csu:MiddletownTransactionMember 2013-09-04 2013-09-05 0001043000 csu:FannieMaeMembercsu:FourPointTwoFourPercentageMember 2014-06-26 2014-06-27 0001043000 csu:BerkadiaCommercialMortgageMembercsu:TwoSeniorLivingCommunityMemberus-gaap:LondonInterbankOfferedRateLIBORMember 2014-06-26 2014-06-27 0001043000 csu:BerkadiaCommercialMortgageMembercsu:TwoSeniorLivingCommunityMember 2014-06-26 2014-06-27 0001043000 csu:BerkadiaCommercialMortgageMembercsu:OneSeniorLivingCommunityMemberus-gaap:LondonInterbankOfferedRateLIBORMember 2014-06-26 2014-06-27 0001043000 csu:BerkadiaCommercialMortgageMembercsu:OneSeniorLivingCommunityMember 2014-06-26 2014-06-27 0001043000 2014-06-26 2014-06-27 0001043000 csu:FinancingAgreementMember 2014-05-30 2014-05-31 0001043000 csu:AutumnGlenTransactionMember 2013-06-27 2013-06-28 0001043000 csu:VintageTransactionMember 2013-05-30 2013-05-31 0001043000 csu:ElkhornTransactionMember 2013-03-06 2013-03-07 0001043000 csu:PlymouthTransactionMember 2014-08-26 2014-08-27 0001043000 csu:FourPointSevenPercentageMembercsu:PlymouthTransactionMember 2014-08-26 2014-08-27 0001043000 csu:WhitcombHouseTransactionMember 2013-10-30 2013-10-31 0001043000 csu:OneNineNineSevenPlanMember 2007-05-07 2007-05-08 0001043000 csu:ShpiiiCslTransactionMember 2014-01-01 2014-06-30 0001043000 csu:ShpiiiCslRichmondHeightsMember 2014-01-01 2014-06-30 0001043000 csu:ShpiiiCslMiamiMember 2014-01-01 2014-06-30 0001043000 csu:ShpiiiCslLevisCommonsMemberus-gaap:LondonInterbankOfferedRateLIBORMember 2014-01-01 2014-06-30 0001043000 csu:ShpiiiCslLevisCommonsMember 2014-01-01 2014-06-30 0001043000 csu:FourPointThreePercentageMembercsu:ShpiiiCslMiamiMember 2014-01-01 2014-06-30 0001043000 csu:FourPointFourEightPercentageMembercsu:ShpiiiCslRichmondHeightsMember 2014-01-01 2014-06-30 0001043000 csu:OakwoodTransactionMember 2014-01-01 2014-06-30 0001043000 csu:AutumnGlenTransactionMember 2014-01-01 2014-06-30 0001043000 csu:ShpiiiCslRichmondHeightsMember 2013-01-01 2013-06-30 0001043000 csu:ShpiiiCslMiamiMember 2013-01-01 2013-06-30 0001043000 csu:ShpiiiCslLevisCommonsMember 2013-01-01 2013-06-30 0001043000 csu:AspenGroveMembercsu:FivePointFourThreePercentageMortgageDebtMember 2014-03-26 2014-03-26 0001043000 csu:AspenGroveMember 2014-03-26 2014-03-26 0001043000 csu:DillonPointeTransactionMember 2013-12-24 2013-12-24 0001043000 csu:AndersonIndianaMember 2013-12-24 2013-12-24 0001043000 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2013-12-31 0001043000 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2013-12-31 0001043000 us-gaap:RestrictedStockMember 2013-12-31 0001043000 2013-12-31 0001043000 2012-12-31 0001043000 2009-01-22 0001043000 csu:ShpiiiCslLevisCommonsMember 2007-12-31 0001043000 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2014-09-30 0001043000 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2014-09-30 0001043000 us-gaap:RestrictedStockMember 2014-09-30 0001043000 2014-09-30 0001043000 csu:ShpiiiCslTransactionMember 2014-06-30 0001043000 csu:ShpiiiCslRichmondHeightsMember 2014-06-30 0001043000 csu:ShpiiiCslMiamiMember 2014-06-30 0001043000 csu:ShpiiiCslLevisCommonsMember 2014-06-30 0001043000 csu:FourPointThreePercentageMembercsu:ShpiiiCslMiamiMember 2014-06-30 0001043000 csu:FourPointFourEightPercentageMembercsu:ShpiiiCslRichmondHeightsMember 2014-06-30 0001043000 2014-06-30 0001043000 csu:FitchburgTransactionMember 2013-10-23 0001043000 csu:OakwoodTransactionMember 2013-09-30 0001043000 2013-09-30 0001043000 csu:MiddletownTransactionMember 2013-09-05 0001043000 2010-09-10 0001043000 csu:FannieMaeMembercsu:FourPointTwoFourPercentageMember 2014-06-27 0001043000 csu:FannieMaeMembercsu:FourPointTwoFourPercentageMembercsu:TwelveSeniorLivingCommunityMember 2014-06-27 0001043000 csu:FreddieMacMembercsu:FifteenSeniorLivingCommunityMember 2014-06-27 0001043000 csu:BerkadiaCommercialMortgageMembercsu:TwoSeniorLivingCommunityMember 2014-06-27 0001043000 csu:BerkadiaCommercialMortgageMembercsu:OneSeniorLivingCommunityMember 2014-06-27 0001043000 2014-06-27 0001043000 csu:FinancingAgreementMember 2014-05-31 0001043000 csu:AutumnGlenTransactionMember 2013-06-28 0001043000 csu:VintageTransactionMember 2013-05-31 0001043000 csu:ShpiiiCslMiamiMember 2007-05-31 0001043000 csu:AspenGroveMembercsu:FivePointFourThreePercentageMortgageDebtMember 2014-03-26 0001043000 csu:AspenGroveMember 2014-03-26 0001043000 csu:ElkhornTransactionMember 2013-03-07 0001043000 2011-03-25 0001043000 2010-04-16 0001043000 2014-10-31 0001043000 csu:PlymouthTransactionMember 2014-08-27 0001043000 csu:FourPointSevenPercentageMembercsu:PlymouthTransactionMember 2014-08-27 0001043000 csu:OshkoshTransactionMembercsu:FourPointFiveNinePercentageMember 2014-08-04 0001043000 csu:OshkoshTransactionMember 2014-08-04 0001043000 csu:RoanokeTransactionMembercsu:FourPointFiveNinePercentageMember 2014-08-04 0001043000 csu:RoanokeTransactionMember 2014-08-04 0001043000 csu:DillonPointeTransactionMember 2013-12-24 0001043000 csu:AndersonIndianaMember 2013-12-24 0001043000 csu:WhitcombHouseTransactionMember 2013-10-31 0001043000 csu:ShpiiiCslRichmondHeightsMember 2007-11-30 0001043000 csu:TwoThousandAndSevenOmnibusStockAndIncentivePlanMember 2007-05-08 shares pure iso4217:USD csu:Community iso4217:USD shares csu:State csu:JointVenture csu:Resident csu:Independent_Living_Unit csu:Assisted_Living_Unit EX-101.SCH 7 csu-20140930.xsd XBRL TAXONOMY EXTENSION SCHEMA 101 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink 103 - Statement - Consolidated Balance Sheets link:calculationLink link:presentationLink link:definitionLink 104 - Statement - Consolidated Balance Sheets (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 105 - Statement - Consolidated Statements of Operations and Comprehensive Loss (Unaudited) link:calculationLink link:presentationLink link:definitionLink 106 - Statement - Consolidated Statements of Cash Flows (Unaudited) link:calculationLink link:presentationLink link:definitionLink 107 - Disclosure - Basis of Presentation link:calculationLink link:presentationLink link:definitionLink 108 - Disclosure - Summary of Significant Accounting Policies link:calculationLink link:presentationLink link:definitionLink 109 - Disclosure - Transactions with Affiliates link:calculationLink link:presentationLink link:definitionLink 110 - Disclosure - Acquisitions link:calculationLink link:presentationLink link:definitionLink 111 - Disclosure - Debt Transactions link:calculationLink link:presentationLink link:definitionLink 112 - Disclosure - Equity link:calculationLink link:presentationLink link:definitionLink 113 - Disclosure - Stock-Based Compensation link:calculationLink link:presentationLink link:definitionLink 114 - Disclosure - Contingencies link:calculationLink link:presentationLink link:definitionLink 115 - Disclosure - Fair Value of Financial Instruments link:calculationLink link:presentationLink link:definitionLink 116 - Disclosure - Summary of Significant Accounting Policies (Policies) link:calculationLink link:presentationLink link:definitionLink 117 - Disclosure - Summary of Significant Accounting Policies (Tables) link:calculationLink link:presentationLink link:definitionLink 118 - Disclosure - Stock-Based Compensation (Tables) link:calculationLink link:presentationLink link:definitionLink 119 - Disclosure - Fair Value of Financial Instruments (Tables) link:calculationLink link:presentationLink link:definitionLink 120 - Disclosure - Basis of Presentation - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 121 - Disclosure - Summary of Significant Accounting Policies - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 122 - Disclosure - Summary of Significant Accounting Policies - Computation of Basic and Diluted Net Loss Per Share (Detail) link:calculationLink link:presentationLink link:definitionLink 123 - Disclosure - Transactions with Affiliates - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 124 - Disclosure - Acquisitions - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 125 - Disclosure - Acquisitions - Additional Information 1 (Detail) link:calculationLink link:presentationLink link:definitionLink 126 - Disclosure - Acquisitions - Additional Information 2 (Detail) link:calculationLink link:presentationLink link:definitionLink 127 - Disclosure - Acquisitions - Additional Information 3 (Detail) link:calculationLink link:presentationLink link:definitionLink 128 - Disclosure - Debt Transactions - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 129 - Disclosure - Equity - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 130 - Disclosure - Stock-Based Compensation - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 131 - Disclosure - Stock-Based Compensation - Stock Option Activity and Related Information (Detail) link:calculationLink link:presentationLink link:definitionLink 132 - Disclosure - Stock-Based Compensation - Restricted Stock Awards Activity and Related Information (Detail) link:calculationLink link:presentationLink link:definitionLink 133 - Disclosure - Fair Value of Financial Instruments - Carrying Amounts and Fair Values of Financial Instruments (Detail) link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 8 csu-20140930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 csu-20140930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 csu-20140930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 11 csu-20140930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE EXCEL 12 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0`!@`(````(0#4VKBTTP$``!\5```3``@"6T-O;G1E;G1?5'EP97-= M+GAM;""B!`(HH``"```````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````````````````````````````````#,F%U/PC`4AN]-_`]+;PWK MVBFB87#AQZ62B#^@K@>VL+5-6Q#^O=WXB"&((9)X;EC8VO,^Z\63[.T/EW45 M+<"Z4JN,L#@A$:A)%V::^5!^8YO9I!!_Q$F M8E[YZ&D9;J])+%2.1`_KA4U61H0Q59D+'TCI0LF]E,XF(0X[VS6N*(V["AB$ M'DQHGOPAJ#L[P/?9QSA"C36RVKA0Z%DX M_12VC5VSNV/"(+"^A%UG=ZC[VB6&,O#TP+WR#9JZ48(\D$W;>G/P!0``__\# M`%!+`P04``8`"````"$`M54P(_4```!,`@``"P`(`E]R96QS+RYR96QS(*($ M`BB@``(````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M`````````````````````````````(R2ST[#,`S&[TB\0^3[ZFY("*&ENTQ( MNR%4'L`D[A^UC:,D0/?VA`."2F/;T?;GSS];WN[F:50?'&(O3L.Z*$&Q,V)[ MUVIXK9]6#Z!B(F=I%,<:CAQA5]W>;%]XI)2;8M?[J+*+BQJZE/PC8C0=3Q0+ M\>QRI9$P4P>J/OH\^;*W-$UO>"_F M?6*73HQ`GA,[RW;E0V8+J<_;J)I"RTF#%?.&PO7W)E;',O=V]R:V)O;VLN M>&UL+G)E;',@H@0!**```0`````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``"\6,MJPS`0O!?Z#T;W1ME5FSZ(DTLIY-K'!PA;B4TY>GE^N+A168BV+6W3 MM2Y7>Q?4UML[<9IGDYGVI_64(L?-;-5F2N_*LFH['G?IZ/_+]ZMUW7A[KOB=>?: M^,L9^KWSVU`Y%U-1ZS%5,TMP0Y.9R3#@A[IO4BH.*O];H_.LQCQ^:YHA@V/KNHVL$AE@8#3&$(TT. M07;X2I@=OD+LF%';.J9L<$?9');Z\`O;1UHP6"_2MDO0=CFEMF@H\13IA6^E MX=PB.-(Q`&4L+1RH&Q*G!G+#HR;DD$='KQFVOB.*+Y%NC+3E&.@YTID`(X&D MT1"$PZ,FU"`3H!S\YBD])#`<$D@Z'@C&`TG'`\%X,-(F:*`)2GL@M$#IFX(7 M1=+4$.2&I>.!83RP]`C#<(0QTIYCH.>84?,J5-:[\BGZ])7L=`8_W49O%M+Q M,*2#_O'5;O$)``#__P,`4$L#!!0`!@`(````(0`["M&Q/`,``((*```/```` M>&PO=V]R:V)O;VLN>&ULE%;+;MLP$+P7Z#\(NC=Z.B_$#IP7FDL;U&YR)!B) MMHA0I$I2=?SW7=&UO))BH3W9E,3A[.S,2E?7[Z7P?C-MN))3/SH)?8_)3.5< MKJ?^S^7#EW/?,Y;*G`HEV=3?,N-?SSY_NMHH_?:JU)L'`-),_<+:ZC((3%:P MDIH353$)=U9*E]3"4J\#4VE&;2JOM$2>+\+WQ/4V/N<6Y9/_0DLU89U M+NBZNJFY@+L729CXP:PM\DE[.5O16M@EE+='![WB-(Y/FR<;*9XYVYC#IF;I MO;]PF:M-\RA(NVU7"1#8N%LO/+<%W`_#L+WVE?%U8?<7`3Y`^$Y!.,?]>M*5 MMU>$0*?(O;3<;LFCW*G/%;2P4?T1*HM\3U]R^*,?\Z@ACE%N040E>$Y!(G)# M!949(XMFJT$028(PXO_`($\4PR`4)_91)@L+A)I^&Z)6Y'O%$$J*4-)1+EV4 M6XI+`N%;529]E!MJN#OY23,#+)S9$(4$MLP7_"UY.!?*BV9 M9YFJI<4PF,19G\124VEHYGQ.-MP69`Y1$!R4P84DIZB2\S[(//M5<\,="#[Y M#&VZZ&^Z8Z^6X./Q3I@.K7!1V-]Z#\?9+7[^`C\_\-_"JNP-Y`;WW:H2)HCI M:YU"B`X'?F0^"Y,+)ACOR))V;#]PVP/EFCQ34;.F30]<@O$Y%9`@8W6-^*`P=GC":&*,*@;H'A;!'80CW9MXX$*C;`L781+#H M`>&(]!-*Y@@GQ2&(!Q[&(6V%<69LQCG"F>`LQ`-3C^/@EDTZA0U%8_Q^0'?.YHC/@GN/"QZ...I[W0> MISYQG@Y&PO=V]R:W-H965T&ULG)G; M;N-&#(;O"_0=#-W;UHS.09Q%==BV0`L410_7BBW'PMJ6(2F;W;QT_?3L?%UZ)NRNJ\L<3*MA;%>5OMRO/+QOK[K\_+T%HT M;7[>YWE8KYOMH3CES:JZ M%&>P[*OZE+?PL7Y9-Y>ZR'?=1:?C6MJVOS[EY=E"#P_U'!_5?E]NB[3:OIZ* M?WF]++?5Z0(NGLMCV7[OG%J+T_;AUY=S M5>?/1]#]3;CYMO?=?1BY/Y7;NFJJ?;L"=VM\T+'F:!VMP=/3XZX$!6K9%W6Q MWU@_B8?,<:SUTV.W0/^4Q5MC_+UH#M7;SW6Y^ZT\%[#:$"<5@>>J^J+07W?J M*[AX/;KZ!/^K%KMCGK\?VS^KMEZ)\.;00;@\4*6$/N^]IT6QA1<'-2GK* MT[8ZP@/`OXM3J5(#5B3_UOW_5N[:P\9R_)47V(X`?/%<-.WG4KFT%MO7IJU. M_R(DM"MT(K43N$([$7(E0T]X_GTO:WRB3F":M_G38UV]+2!KX)[-)5^@[CD/MJ6F7H2U=%MN,`)[OVD.2$V&P MUTQA:M_=3U!U$1/('C!&!)[BN@8\?CVA=JFTF34UK:Y@ULRT>N&P>$2:3Z5- MQTS!3))+USQ&Q.UB)EA92=#HH]%UV0.GIMD1@D?+-+NN,V0+$01%RXS5M"`% M,T'LH6)$\)DA"4,6P\2TAT'$[:EIEZ$3^.P&&0%\X72.\2V11!Y$54GMIC_MTFH"YB\1M6#V4B@O'SHB@:TJ:S M)\0N(X(;VQ#D)2\KBA#RRBH<_,*;G<\P,6 MUHS8'>$-:4-UJ;X^7Q=.`407BTDLD-&ZG)#WVX0"MC?JV`1P/-\>9:1Y"\<1 M1KFEXE1KGR\.!P$BCM6)6"!SH[-I:Y^OH]9&[._T-F*_W=S4>\P'9.$$0&0- M2:XW&C+XX)$7VFR;)-TM^V0-/=M8\(YD2Y=1PH-1;,@<&C75XN=' M#0<"(H\]?2S,H4'Z`=M+";5'-MNJ*;&'$!BZ53-J]XT22X6I)C]?&(X$D.K7 MN3!BM3T6R$RU[_M(>A_))A$J4O7Z^2)Q,B#18Y4L%OWTH,9?P=(JH596*5)B MY94H(U;AW"J1JK?/5X23`%'$GBH6YK2P#*7'XII0P(MXQJ44D#((F8N,$B)P MY(WM)ME$,N^]IKN*MN]H6#^L*IJ9RL[[2*H1K$U+/^*[-YOT07)3L@EEIE3\ MQ8)$E%60N/.\L2:EHIL))-5>=/_P!+M+-GD7JA2>=G[.2D738`I>!&,-8>M; M#LG4Q3HA5F.(PNY`K$O!+LZ(V=CA5))J^L8VG!D\'!7,X`FC\>A$16@B-(GL M$56$1MN16`5_0\^(V9C4J#ZXO:EO^M5.*IJ'C-7&6$,8,E8@$F+DK]DIL8YZ M.;4.^YX*^M"8HGX0'0EBC3;6D*X%'HR&M!,G%)`1!U(*B,AW6;O)*`'=?LA6 M*N]#8XH"-2Z4Y""T]WWB-I=H^-*E( MG$+H'F/I%FNH#UW@L>*64""*_)$XO(WV(&TIV3TRZD*XXM9/>?)#0TI'T]]1 MA,W2)M;09`WI!YEAHF,*TOM>LDF$1O%#@XL<#RZ"OWG%&HJZE]8EG)WP_8=. MKG9G))`!;#3*^`W<(4V(-O7+Z_QJV=&\6@YE"[N`AJ[/SK5Q^T@;![@V;K^I M[7^-*0^B%R*&X=D&@O&@@BWJM3"H0R8-LTHT`0&+]/W?>&55X\XHU-*$2O4RH),![*@DPH9)-+=-='4Y$1TV01R#6$)Z(++UQ M):7`.Y64`N]54DJ\5TGQY!4/)D]%_5(DQ?'8++;5JSI5E5`@KM_BB6\L'I+N M>)1]G\))VNG2'?\]5 M"T>PW9\'.'(OX"#27@&\KZJV_Z".&Z^'^$__`0``__\#`%!+`P04``8`"``` M`"$`18D(@SL#``#7"@``&0```'AL+W=O<0>WG_5A;:*VX8H=5*MPU+UW"5T)14^Y7^^]?C7:AKC*,J106M M\$I_QTR_7W_^M#S0YIGE&',-%"JVTG/.ZX5ILB3')6(&K7$%=S+:E(C#9;,W M6=U@E,J@LC`=RPK,$I%*5PJ+YAH-FF4DP1%-7DI<<272X`)QR)_EI&:M6IE< M(U>BYOFEODMH68/$CA2$OTM172N3Q=.^H@W:%>#[S?90TFK+BY%\29*&,IIQ M`^1,E>C8\]RY'DC*\Y7N!H8_LUP;<&V'&7\D M0E+7DA?&:?E70?912HDX1Q%8CR*V;WB./PMO47&/*K"V*L'M*MY1!=96Q3&< MT+?]X`9'X%V6!=96Q39"W_>"<':Q+J:JL6Q9A#A:+QMZT.`U@"JR&HF7REZ` MBNB5"QT_WRMHDHAY$$$R%&@&\_6Z]@)[:;["4"1'9C-F!L1V3+B!TU>)6D9, MB7AT?/*#"18Z']#GVWV(H+X/UYGW,]B,F4&.VS'AC7R,&2?L/R@>(U[@=DS/ M+(SCJ=GI9@D8FJIK7;,OX@D>O]"7BE M0_6ZW&>#2=LHQ).3:@V,M?<^P@?6HY80*.=\V=2^0 M";G>/+0^DI(C';7!_ZU+/$7TC,UN,2;@H;&@/W,;Q4SU3!%S:<\Q@EE?(+HH M$$\1/7/BT'6R`4QW3```&0`` M`'AL+W=O@>!^;+0` MAFCWA-CW?;^C;=PFQC8.H*=GWGZRD$I290G]A>=B["X^I:1296HU^O;G/^]O MF;]WQ]/^\/&8M>YRVGI=?>^/=T=/G=D_[6J'IU_ONX^S M'^2X>]N>:?E/K_O/DXSV_F02[GU[_.O7YQ]/A_=/"O%C_[8__WL)FLV\/Y7; M/S\.Q^V/-UKO?RQW^R1C7_ZAA7_?/QT/I\/+^8["W?L+JJ]SZ;YT3Y&^?WO> MTQJ(;L\<=R^/6<\J>W6[D+W__NW20XO][O.R"4;'S//N9?OK[3PY_&[M]C]?S[2]\[1*8LW* MS__6=J?O_?/Y]3'K%.[RQ9QC M$<_\V)W.C;T(FH$`2AGU&0FQ>E&$2AGU$4R\W=LCJ4J)?5 MH9]!#+MP>Z>4@BCT,XCRA:ULT>#TQXH8I<%@<6_N6RL<=)8>=^$7&R=\]Y/-NX:%HG@,6#5N_=Z+QZ^3N;MS<(G7]*-'X_S(U?+B5*+XI@6KGM_WW#9U=2VY^WW M;\?#[PSMP"G:Z7,K#@>LL@@M=S+^+B'<[5S;Z]#N1D3Q1)A+,-JAG&A?^?=W MU[:_W?]-N[>GP%1TXQ0RDEAY(/T&2J",U2)<=3Q3?Q$>O:/%7T M."Q*38]BLV%?UXEKN^KV;"29O&J:2::@FI9O:+M&:9C/J:9M8#H&IFM@>@FF MP-:KKQMM0PQ\4[3\LF<52VREAGH0AZ_XR,",=:,MS,3`3'7C\!6?Z4:;U]S` M+'3#1NE2%]J<5@9FK1NGP(;[QL!XG@FJ)*`BV^Y>U00%6:JDA18IR--K2*E& M=*RK5".Q1Q='#^E524PEJI*LFQ6_H1@V5*6(I:]54M.WQB>J\X8&;VCRAI;? MH*RJR^;33C!Y5A\[28:E=]?`]!),@96VOFY<7FH'"<9A(V:89-CN=91D6$Z- MDPSKGXF!F289MNZS)%-4Q\7T'.74-*K:!3I"_4"C&54BO\AEBMX*+&19TW-'A#DS>T M_(:H1+5Y0X5+?'8/'&#H1T-2R\8V_$$=-UH,B4!Z2J#DH#I.VFAE<3S M&V*)QT6-BSIO:/"&)F]H^0W1&K9Y0X, M>,.8-TQD0S0?UV&'`5-IY'QFLB&:2%NXN8%92",#+V5#%%A+N56282FWED8& MWO`&S]-:*EI+56L)QDNTK;U@P%Q:E*%+5Q]O&+I"*T/7;X@-72YJ7-1Y0X,W M-'E#RV^(5J?-&SJ\HKRASQL&O&'(&T:\8<."-RQYPXHWK'G#AC=XGM92T5JJ6DNP0:.-X05;5!];=.7CAK$E-)WCQ"XL MN"X[*JKXA@IZ>/&!%8$J%#4HZE`TH&A"T8*B#44'BBX4/2CZ4`R@&$(Q@F(, MQ02**10S*.90+*!80K&"8@W%!@K/PP1GG8?3SL-YYZ4FGK+7HMLQ-U06H1^S M=!DGK!JNR\ZC*[Y)JRR^*%VN#Q9LYX[MS&OQS]TBW0-6SY[K<`X-*)I0M.)+ M817NG)+RG[I([3BF-6+G5!TXMRX4/2CZ\86P+(OWZP!&&"H1P#J/XEA?YS&< MVR0>P*)[I&P/-%4^IUN?:I_/X`SF4"R@6$*Q@F(-Q08*S_/)PR5KK.CTR;_? MB+/.J_H!_+2S;#XZO"#M4A+7"S(O"$%W?\,MHM04NK-[0TT1FM<4MJDKODE9 MM"H4-2CJ4#2@:$+1TH7S$'7D97.V#4Q'-RQ_NE#TH.A#,8!BJ`MMC4<&9FQ@ M)KIAO3+5A;8T,]VP*',H%E`LH5A!L89BHPOG@>VS/4]';(4]G(->0A)J7>OA M//02$C$>1ZDUXDFM&XK-A?-JPU:U$J"TX+SHL=N6%?&L M*J'4H@=)#4>I8]+`I(E)*X$X);;G:YN@3@)B^XPN)CU,^I@,,!DF$&W%1R9H M;((F"8CUSC2!:$LT2T`LSAR3!29+3%:8K#'9)!!MM:FDP;2B&H9--<'HZ_&I*5?GX@5\7J"D? M%_G4]?#CZ"(6&V8-3)J8M#!I8]()B7B(.,>OD73#CZ^N30^3/B8#3(:8C#`9 M8S+!9!H2O]O8]9)9^/'5;IMCLL!DB/DFN(@4 M?GZU5^C02(W!.M:+LN]ZC"@%^<91*XMXF"A>6W!-_W*)5&/881R5`J4<[ M?IP44L-1ZI@T,&EBTL*DC4D'DRXF/4SZF`PP&6(RPF2,R023:0*)7[6XI-@L M`;&=SQR3!29+3%:8K#'9))"$ZTL)BJTW'>/`A*/JHQNMDZD&Z8K/+2DQXY'4 M2D1%X"N52$RFGG1[4H7 MX>=7-\02DQ4F:TPVF-!!$,PF*D785`V,05K2R5;:O-0R)!Y/^\(!D?]4&QVW MA7?MG1)+IXKX:UQ4AB"IX2AU3!J8-#%I8=+&I)-`G!)+D:X)ZB4@ME/J8S+` M9(C)"),Q)A-,IIC,,)ECLD@@+G_@?)F`V"988;+&9(,)U2&83E2'L*D:&(.\ MI#J4-B^U#HE'&>-U"%SR\9]\5.L/Z_>*^.-]5'\@J>$H=4P:F#0Q:6'2QJ03 MD.`>@7U7S&NW*[H&IH=GU<=D@,D0DQ$F8TPFF$PQF6$RQV2!R3(@X5[T% MJ]]>7=T\Q1HOQ@83JDPPT:@R85,U,`892Y4I;5YJ91+/8-Y0F?Q'-N.5R>5_ MB5P1WP>"*A,D-1RECDD#DR8F+4S:F'02B//`+@=V$Q"K_#U,^I@,$HB;9TLS M3$!L:4:8C#&98#+%9)9`W#R[:#M/0-IF6"0@MN)+3%:8K#'98$(5""8452!L MJ@;&(#.I`J7-2ZU`XBG+>`4RO&CM/YP9KT2._H4Q/J+SQ?!$CFW%JOC2H4NQ M$J?VEL7.\FKAQUICT0W+I6=;O@_#3JQT[Q&2$ MR1B324@N2\KJQ33\].J2SD(B`K#IY\J'K,`NP@^O!E]BLL)DCQR#WJ,ZDS4NM,^*)S7B=`>=@_@.>\?KB\K^UKHAO&@N+AW:K MN1I^?'4E:YC4,6E@TL2DA4D;DPXF74QZF/0Q&6`RQ&2$R1B3"2933&:8S#%9 M8++$9(7)&I,-)E1U9)Y=322J.M@8)"3="L-QTE-2J3KBRP1OJ#H7KMX`<_/\ M!EB`_(<2Z(L)U8<2JN''5SNKADD=DP8F34Q:F+0QZ6#2Q:2'21^3`29#3$:8 MC#&98#+%9(;)'),%)DM,5IBL,=E@0E_CY3\&G7+VX%4,C$%">@8925\5G;8\ M:M41CR.:'^O8_M.+ZK$.*RN5`/E51WQ#,"\[^B.0C-3"$%RDS4LM.U1!E+)C=BG'%I/Q@QYV(:82H)1B7,6DADD=DP8F34Q: MF+0QZ6#2Q:2'21^304@NUU'X<^3#\..KY7^$R1B3"2933&:8S#%98++$9(7) M&I,-)E1]_&1,R3.J/M@8)",=].`XZ>FH5A_Q#.,-!SW^(X^T".&U83?/GE.I MV/"YR"HF-4SJF#0P:6+2PJ2-20>3+B8]3/J8#`(2W">F+_&PE!O%^GWB(0XZ MPF2,R023*28S3.:8+#!98K+"9(W)!A,J1##UJ!!A8Y"?5(APG/0,50L1%<]; M"I'@_/"'/3-:$>^BN%QICJH5.[NJ8E+#I!Z2RZT,_A!Q@WU,;W2*_\=N?305 M;?$#@E;X\=65:F/2P:2+20^3/B8#3(:8C#`98S+!9(K)#),Y)@M,EIBL,%EC MLL&$B@],-RH^V!CD)!4?'"?*RJ1,48N/>"@Q?A1D>`[F/\NH'@VQKQFKB%?: MH"(DB2@?1?J2*W8>5PMC"%#(67=*"6$UK1[JI/6^_(%0`Y,F)BU,VIAT,.EB MTL.DC\D`DR$F(TS&F$PPF6(RPV2.R0*3)28K3-:8;#"A4B0SZFH*4"G"IFI@ MHN2\/J_TE%1+D7@*,5Z*TN^XTYL0M>.@`OLB[DJ`J&2&9VVL9E0#XG_G&KTD M,'Z`DN,ORJDI.OX%;9?J(E[/"$I>`Y,F)BU,VIAT,.EBTL.DC\D`DR$F(TS& MF$PPF6(RPV2.R0*3)28K3-:8;#"A`@13@`H0-C(O4U*7CH5PG/24]`N0_T94 M_S5U[[OCSUUU]_9VRCP=?HFWG8K*$+;ZKV)M665Z/1M]*S9K'UIE>G>:WCZU MRO1B,[U]:97IS61Z>\4N5RXO>F7Q:W:9OM1:]W6[3%]MK;WK3+ M]-7EU'X?SH!>Y/JY_;GK;X\_]Q^GS-ONA58]1W\.D';V/CIYHRF9>#H>S_(>8P6_Y%N#O_PD```#__P,`4$L# M!!0`!@`(````(0`FH1B&O00``*\2```9````>&PO=V]R:W-H965T["&+DEQ=<'KF2G>DT6B69T*6EH-&AGI2EIF-9OIE%2:YSAE4QA8,=CTE,"8NO&\-)S7ZM(_!G MH1WH,;JFU5_L]CM-3N<*PCT#12AL=?@DM(S!HT!C.#-DBED*!L!_+4LP-<`C MT4=]O26'ZKS17=^8S2W7!KBVIV7UFB"EKL77LF+9?QQD-U2=*?6DW0#&Z2,MF0OU,-U M29+,A?J8;BZ")7/Y@&"N.D#:*8*Y@BG*]0''C.E[B"`48@I&-!@8N^Q?&$ ME)[ZO8ME;=@LIVOCK576UJV(H'-0:/B M'D)(PS*WZH5S9CA+^6_W+G+29X1F^+ZZTEBO.D`.,[5T(,&['75B/QOL' M?ENIOE#+)VA`H[[@/",0,L#B+I1>O!L$]3Z2%>,.05#\0"G?3T@IO;R+.@=Y MO,^YCJ$`0EL&P&>AO)R1#C"TEC89W7(,062%N&D0%$Z,*=]JB$H]2UD2`_B( MQ\`W'=T1NG1M9"@_GZFK#FF>CP0&ULG)E=;Z,X%(;O5]K_@+@OQ`'RI22C(7SL2+/2:K4? MUY0X"6J((Z!-Y]_O,<84'QA,=RXF#>?Q:_S:/CYUMU_>\ZOQ1HLR8[>=2:R9 M:=!;RH[9[;PS__XK>EJ91EDEMV-R93>Z,W_0TORR__67[8,5+^6%TLH`A5NY M,R]5==_8=IE>:)Z4%KO3&T1.K,B3"KX69[N\%S0YUHWRJSV?S19VGF0W4RAL MBBD:['3*4AJP]#6GMTJ(%/2:5/#^Y26[EU(M3Z?(Y4GQ\GI_2EE^!XGG[)I5 M/VI1T\C3S;?SC17)\Q7&_4[<))7:]9>>?)ZE!2O9J;)`SA8OVA_SVE[;H+3? M'C,8`;?=*.AI9WXEFYBL3'N_K0WZ)Z./LO.S45[8(RZRX_?L1L%MF"<^`\^, MO7#TVY$_@L9VKW54S\`?A7&DI^3U6OW)'K_1['RI8+H]&!$?V.;X(Z!E"HZ" MC#7WN%+*KO`"\+^19WQI@"/)>_WYR([596>YBM9S^)FZC`BVDBO-Y ME46CLOQ0`?M6'O$FC,@6#M<3%B15LM\6[&'`+@`/RWO"]Q39@+*<*>%K.W<_ MFSJ8,R[RE:O46C`K):RWM[T[6VWM-U@C:AE#D,,\C@8 M8EQUW.$$)AIB/%4G'F<4'PXHY\L&'.2# MD-J3LZ<7AG0C)JQ^\L MD0.^8%;U*406:'>(X+H.KBVTB()N=&$A\T,1'3$_ZK8GQ$+G4CPFH'C"Z^#. MH3Q^XG`8>X(RG2\85WB"+!F)!2.Q4,8^Y@+-1"0)7@^@LRN6L:'6BA?KSWC! M8>P%6@*^8(07*W1L'+K!!7KGH!OT4,M0!H<&5-.@Q)<66FQ!&QYZ]WKTH1Z)]$@\BJ@F\5INNDFB M\E--0GG3)P):SNH$XUE>^(2VQP$CZ_E:^==K$30M1O)MJ$-14=5) M7I!.=U*4KUTG75Q+^F2LQJUS^T&/!`WBU:G3G1,\8:%>(T(:\Q4ZX>-1#=4G M7J1V?)J8XD1IV_7+P1O')V/U;^.7%@GT*N$`XA)D230`H:T2#R!='=4W7M!V M?-/L5%'^JGZANLN'&UKM3NTCO5,CT.N$>B32(_Q*^> MZ/5:&BE[Y=?!!#9!^U1<5?MD`Y>`_!?K-@`WQ??D3']/BG-V*XTK/4'3F<4O M9`MQURR^5.S.)8UG5L$=<68!?&*LDE]X!_R.N[X@W?\'``#_ M_P,`4$L#!!0`!@`(````(0!NIECI@`0``%@2```9````>&PO=V]R:W-H965T ME:=`Z+DYQ1@J\-3\Q-;_N?ONRN9'JE5XQK@U@*.C6O-9UN;9M MFEQQ'E.+E+B`GC.I\KB&G]7%IF6%XU,3E&?VS'$6=AZGATI((M3Z;0Y7'U^E:^)"0O@>*89FG]V9":1IZLOU\* M4L7'#'1_H'F<".[FQQU]GB85H>1<6T!G\T3O-:_LE0U,N\TI!07,=J/"YZWY M#:TCY)GV;M,8]&^*;U3Z;M`KN?U>I:<_TP*#VU`G5H$C(:\,^OW$FB#8OHN. MF@K\J(P3/L=O6?V3W/[`Z>5:0[D]4,2$K4^?`:8).`HTUJQ)(R$9)`!_C3QE M4P,:$WR_S@(L:0ZDEE+XD+V MO'_F6[.EA[S%$RSSE@7&%:FXUGSF^S&M\BR(>2+,WXN&WORY,^\&;*IZF(`)AC"> MRA-.P$1#&+_C40R`52D;,#X9&%@1+AIZX>ZB'X@+'\"@59<,G_(#&)TG',#H M/-$`1N)1A,,V-%TX`RO"18,D'"U540>!$=,D$`URD.9$*#`B*!(-PT&*)-BZ MIDMB8$62:!@>B-=28$1V@=X0Z@V1U*`DZS^3+`/#GFQ*N?G:#K/G&)@!W;:I M+9W#0T3P$!$^1$1C",4!=D>33IWQIPY9DPO1RR;T]G3-J;@87C($:LF MW+>TI1K)OY@:MZ5[J=6Y!+9162Z>'YM4<7WMK9UYZ"Q18\XA"_;N6MI_@5M_PA%J%!XEC8Y(J4;(6EG M4.7#$$_(9VAMZ?O:GK-''#22^Z&%^`[?]2S/6\D?/WSIJ]5X&CPF#9\FC?0( M=^G('R2GH;K&;CS2I)EV)V;ENWDX2#9/7>IN7%HF620=O`$`Y`[ MGG``I/&P-P(.#X=G2L0!\)J06/^`B9W?OA':_````__\#`%!+`P04 M``8`"````"$`(*E\>9P)``#\/0``&0```'AL+W=O_'CZKT[?ZO2S/`Z9PK!^' M[^?SQVH\KK?OY6%3CZJ/\LC.O%:GP^;,_CV]C>N/4[EY:2XZ[,?V9.*.#YO= M<2@45J=[-*K7U]VV]*OM]T-Y/`N14[G?G-G]U^^[C[I5.VSOD3ML3M^^?WS9 M5H"P725OQ^JT>=ZSY_YI33?;5KOYIR-_V&U/55V]GD=, M;BQNM/O,R_%RS)2>'EYV[`EXMP].Y>OC\*NU*NSEQB\>=J\/&`_\Y#5[*U\WW_?F_U6=< M[M[>S\S=,_9$_,%6+[_\LMZR'F4R(WO&E;;5GMT`^STX['AHL![9_&R.G[N7 M\_OCT'%'L_G$L1@^>"[K<[CCDL/!]GM]K@[_%Y`EI82(+47848I8L]'4GLT7 M?50>#L$=N>H,=Y<7.9+28S:;N8GY_=[A2A1VE MBNV.[,7,FKD].G4N5=BQO9?^GF'#O'D@=FQ%IKW=NY0B[-B*3/H[QF*Q+4*- M!5.KX_3O%ZN--OZ'U+&7OW$_;;Q9UX!C.O?Z:2P&4C,N_+M2+PI9I+XJH(::&I#5<[]9Q M'54V;9E6-A,&D6[XS>4M85`I6H:IC)E7+JYA`:.X1I\D6P]PFGN@O1>O-5R; M)EVYUA"DX_PNXLPF:B\$@F%/CT6&9R.QZ?I7B>FI84X-/#8$P*$YTIVJGA1IFNE29 M2,/,R+")=0QQ4*)A7%=M*]4QY'ZR.YA'_0NIY7>I88U-?C4$`C#3>]20T0-,34DU)!20T8->6NX[;=K MGS23C:)EZ+N:33]Z=!*G66*_?6/.29+T!,-&P>6M2E+D&A(^)`)(A)"((!%# M(H%$"HD,$CDD"A.AC`I>D;B=-YN3/*%1F/<&8 M'`L)'Q(!)$)(1)"((9$(8M&L`2VV$.`_9!H!13)%9.IJ1'(%<1<:I%"0N:4B MBM/Y:K^'UQN`^%@EP$B( MD0@C,482B;ABI*N#JYDLI0K!*NWL1\T$&6XFAR*%0AA'.5^)]W"]6+BKKB=! MZ_&R'GL#&/RZQHB/D0`C(48BC,082232NGZJ<6V*93)51GB.1$BN,O92TU2A M,@Z)-'7T\W5\CQ`0RWXU!$A6\WC9%(4`1'RL$F`DE,A\THS*Z*C_SX,NU M:-$,THA>,5UTF!@WG%"9;DLI5LE4%?:IC-/XN_UE=6XM5Z]@GQ:("&FO<#I7 M%'VN4&.'#7(E=NZKSEG\,C)96)`P]R1D3"-"QX#X6"7`2(B1"".Q!G$69*:? M:"$2H:D6(LOE3`.1>7BN09P%::P`D!H0O(K2(YF(HHN23!9T%<@_#47)!"(^ M5@DP$F(DPDB,D00C*48RC.07A,\?'=+WQ>6L;@*J>I[7@6X]?V#8RGHV-9Q-YUG!K*48RC.08*8R(ZFU> M%;KUMKG88XDBDNKESNK05&EJWLQKJ6/H+!\C@43$7&WAZ-;2(9:),!)C),%( MBI$,(SE&"B.B^I^7C6[]?^=H%]4F-0XZ2\>V)*7+.3(.(.);$`DD(M/*9$1F ML2&6B#`28R3!2(J1#",Y1@HCHL8`+R;]1@R(&I0:`YTUI(`,`WUM0<3'2""1 M2PR0ETN()2*,Q!A),))B),-(CI'"B"@Q8/>K$C8XG?B38>=)2"ZE9Q9?OJA% MDK5$#.'A8R0@#34+)+6A$*M$&(DQDF`DQ4B&D1PCA1%1W=^OA`RN6V/$QTB`D5"#=!;)T3U0 MK('(4B?!2(J1#",Y1@HCHH9`OQJBK:DA+DG9P9.0,01P#1&K!!@)-8BS)/66 MZ!XHUD"=$(!/E6*5#",Y1@HCHH8`Y;$=C\,IH-2!7"DY`Q%(2.`?&Q M2H"1$",11F*)B)><;>F6H`F623&2823'2&%$U#CH5P'DWZ?O^)^,"$]"!N>N M,>)C),!(B)$(([%$Y++#'LUGG:I\@F52C&08R3%2&!'5_[]7![0U=<`EK1!) MR!@'L-+G8Y4`(R%&(HS$&L19DH)(HH'("$DQDF$DQTAA1-1`Z%RG6YW]>#;?6=;VB=LR]D M7*R7S;9?7;Y?B]@#:\6VHW7MB;5B.\ZZ]IQMVM79/7OEZ?37]HI]";^KX]LK M]EU\9A]?;HCMO?W8O)7%YO2V.]:#??G*'F7")G##P4GLWA7_G*N/9BOAP&>[;_OI;P```/__`P!02P,$%``&``@` M```A`*]U),9#!@``/2```!D```!X;"]W;W)K&UL MG)EMCZHX%,??;[+?@?#^BD5$,>/<#-#NWN1NLMGLPVL&4OOV>TJ*T M8(_.O!@5?ISV_'O:_K4/WS^*@_66575>'MR>JGW6=98$.%8K^U]TYQ6CE.G^ZQ(ZDEY MRHYP9UM61=+`QVKGU*GNHM6I+>$*Y+JY?7T+2V+$X1XS@]Y\]D&M:TB7?W8'3Y`WA_$2](N=OMA$+[(TZJLRVTS@7".Z.@PY\`)'(CT^+#)(0,NNU5EV[7] M1%;,7=C.XT,KT+]Y]E[WWEOUOGS_K"[+%X[^V/!+\+`S M>)JU(_!G96VR;?)Z:/XJWW_/\MV^@>&>0T8\L=7F,\[J%!2%,!-WSB.EY0$Z M`/^M(N>E`8HD'^WK>[YI]FM[YD_FB^F,`&X]9W7#=^=N,LYF?MW1/%D%'C]>E>@TVT^\-IU)9@0;WI/1WP9`UYE#'=^ M8PQ'R-N.5IPTR>-#5;Y;,`5`P/J4\`E%5A"W&R8AZGG@KHT;#!@/\L2CK.V% M;<&0U%!L;X^>OWQPWJ!`4LF$0X:H1-01O!IXV%A<$&/*+]#NPJ6=F3]3H[`A M7`YO+:A@,[9>0MM,H6"@?;/C*X`2L2"\-L:=_TI_U-5I&@,9B(4 M!6`-NUT!#NL*>&K?0L&8%$")&"5H1_"E4U.'=??&QD#)'=;?VW/GL)Z[-K:A M8/JY>PM?U2<:,EJ4&"4H2C`3H6C`_:.VG^'+''](UV*AYAD*1M5"V^*B(:-K M@1(4)9B)4+0(OJ(%?TC70EN_0\$LVQE-1B9T)("^6+H0*$%1@ID(10@"&]W] M5=$^I4FA[^"AA/JI>LO+/M7N(]$(I.N!(Q1'F!%1)>$VZ>Z)0H2Y4O:,I;YK M2DB51-M8HA%H((EHK!]'0R@>A1D151+NI7J2F'=/(IR7*H6^>4C(:V>*MJY' MYYMC"[LTP*(1HP0HPHP-J1)PU]63X#:72(174Z70ABJ4D"&5"$=B'*$XPB0B M+`F9PT\#?4^B*@(=[BN"%`6G]25#VS%#(B"C$B@2XU$HCC")""5F'EF02V]5 M';@#N[\RA&]3*T/?6?G/`B":40\4B?$H%$>81&1EN,3W+[U5]>"N3-,#_])! MA)=3]=!<1"BA0!CF^<0;;"$(S&.4!QA(TC?$:N2<)]VOR3"W2F2!-K.$1*3!926`T5B/`K%$3:" M>,O+;J]*PAU;3Q)D,17^3I5"FPLA$9"8L,N%NI)+*4P^44X7%*&R(4,9,B.B M".%JAM0L1$MKNTJ@NRX)&?H7X4B,(Q1'F$3D*CKU?.]*0;B:"T5T&'&?P25R M.Y1A&]*\F^!(C",41YA$I`[SJR;#A1J_?5ZTM%X.NO.4D+$<>*M&I6(\"L41 M)A$Y1X/KU:"Y3Z0:1EQGH+M.5T"+Z:@#EW<-(L4X0G&$&1%U98#.W%$*G-9+ MX>+@Y(P0T/B7$-=P,S[?O/H-A>((,R)J\B,F$S=5_"AG(,+%MDD1!"1^LUAZ M8_N$C`."7/NQ,\81BB/,B*B"C+A,W%:Y(RXST%VFA/K9]JU,JUHT`FDS+,81 MBB/,B*B2?,EIPE'GL$9TIRDA19*>E9&2B$A]:"`)BM"1IK0H_'3V^O(L)!&G MK^(\K\BJ719EAT-MI>4K/UGE$_Y\]7SJ^S3C9UC:]9"LX/1MY+J["L?XR%W! MR0_PSCD0'-Z>DEWV1U+M\F-M';(M=&$Z6<"\J\3QK_C0E*?VU/&Y;.#8MGV[ MAV/Z#([WIA.`MV79=!]X`^>#_\?_`0``__\#`%!+`P04``8`"````"$`D:Z` MHD\#``"S"@``&0```'AL+W=OK;5=JI:KJY=D!$ZP%C&QGL_OW'=L)%V^2TKZ$`,=S MSID9#U[?O%2E]TR%9+Q.$/9#Y-$ZY1FK=PGZ^>/APP)Y4I$Z(R6O:8)>J40W MF_?OU@F8YJ+LBV!-\O."+I*;:Y>1.^8JG@DN?*AW"!%?K6 M\S)8!A!IL\X8.-!I]P3-$W2+5W6.P9$VMLI>[ZE, M(:,0QI\8&2DO00#\>A73K0$9(2_F>F"9*A(TG?GQ/)QB@'M;*M4#TR&1E^ZE MXM5O"\):5!MD<@P"UV,0'/O1))XO1D0)K")C\)XHLED+?O"@:X!3-D3W(%Y! M9.UL"OFQ.EJOEZR"/!WD5D=)T!QYL%Q"?9XW<1BN@V?(:7K$W%D,_+88W"(" M4--*`AE]2>>3?&+68,VL,Z6EW-D'?9K)>9KID$8[CR[6]$2G%T&&>B8FL\Z& M56`Q40\3GU<`D+[14^ZO&]:+$@0NVS3&H:O`8F:F$'@9]DHQ2#2X[?-?Y]5@ ME[?+K'5N,9'A[6TV*.7J<7O4)OCO>JP2YOY/!:S%6O M>OSW]M;U_&JPR]GUC?5J,=;K[*+5Y;_0:K!+.W.L6LS?:#&,C;[=<1O*K'(% MS!T!1]#2--;<[]I]T%I83YA>OL?M)[/*%;!P!=CAM;C6V=B96R/I[;P:[N>E M2V]!UO_,CSIYPP2<&6EZF%]O/&SGU4`![G:O[;PCZ'H"_FN>X3,##7<5/M); MD$W`PH^ZS3A,@#/11I;@S&C#[FC3GWO8*!<5V+.#_;165.SH1UJ6TDOY7I\+ M,#1.^[0]L]Q.S*FC?0%'AH;LZ%09U0(``+X'```9````>&PO=V]R:W-H965TOG M[W)\."QN7F2-GKDV0C4Y)D&$$6^8*D2SSO&?WP]7UQ@92YN"UJKA.7[E!M\L M/W]:;)5^,A7G%@%#8W)<6=O.P]"PBDMJ`M7R!MZ42DMJX5:O0]-J3HMND:S# M.(JFH:2BP9YAKB_A4&4I&+]7;"-Y8SV)YC6UX-]4HC5[-LDNH9-4/VW:*Z9D M"Q0K40O[VI%B)-G\<=TH35TDUM?ZGM-R[6E87=3B&0RS4O7N^Y85!0H`GB MU#$Q58,!."(I7&=`0>A+=]Z*PE8YGDR#-(LF!.!HQ8U]$(X2([8Q5LE_'D1V M5)XDWI'`>4="TB")T^SZ`I;0.^H"WE-+EPNMM@B:!C1-2UT+DCDPNV0)>/(^ M^JSO186,CN36L>0XPPB6&]B>YV5*)HOP&6K*=I@[CX%CCR$](@0WO26P,;1T MNLA[90=VRJ[HSLJ=?S"4B4_+3#XBX\`Y!N[>?)(=['MECTD&F/2T,D"&`?EI8>C18?+SP@X\$B9)S^MK[C$[X5D<)>\D M=K^"P8=V7MB!Q\*'9O+"'N.%291,D\,']^9SFGU$V(%'PM%8V&.\<$;2^$C8 MSU$_9B37:_Z%U[5!3&WBT:@VI>PM(H MR*#!M!_`_L:JMAMB*V5A<':7%?PG.8R"*`!PJ93=W[@1W_]YE_\!``#__P,` M4$L#!!0`!@`(````(0#/8C[&6P8```@;```8````>&PO=V]R:W-H965T&ULE%E=CYLX%'U?:?\#XGT"-N8KFDQ5J+I;:2NM5OOQS!"2H(80 M`=-I__U>=7W=GC8N6_FN4YW*=EN? M]AOWG[\_/R2NTP_%:5LAN&\ M]KR^/%1-T:_:@ MKM.4ZR_[4]L5ST_PP"=_49=?V[6Y803@/B4[/G'JI!Y&>'KFJW<;]R-9YD+K>T^.8H'_KZK4W_G;Z0_OZ6U=O_ZA/%60;ZB0K\-RV MWR3TRU9^!9N]R>[/8P7^[)QMM2M>CL-?[>OO5;T_#%#N$$XD#[;>_OQ4]25D M%,*L>"@CE>T1","_3E/+UH",%#_&_U_K[7#8N$&T"F,_8`!WGJM^^%S+D*Y3 MOO1#V_R'(*9"81"N@@3`7JWS%4]"%D;O1_&0T7C`3\50/#UV[:L#70/7[,^% M[$&VALAOGPB.(K$?)7C<`F1[*,/W)QX]>M\A4&)S:YR:P'4+O['.4FPC&^AA^/D2$D'K,KSY4;7U@$("$F@?L7EF`@:)X\ M)1=&B#`@H8W([R$L:A!D/C4)WKAPRFM1`M^^<(:0!(L:)XS4-3?761`Q=MUO MT8)VGD]+@@DM'19+A9!HI,68B'2GC.LY6>6&=?'LLBE-KG[LRC!A)3N#"PA0C!;0I"^R\W51.B]%B4&8F0F M[#ZG$4U(D3)E"J/ZW8\B,J:Y#6!^H"/8U);I.FJR)1!4-!EBD%H0&I.&DVBM M`_%;.9-::S39.SE#9;:($0G(&&*06"02H5.BF)F`D"?L1HP.2Y2?WD#18:4CF&F,'AAX4?II+:F`0@6A[H$-K5%#L"F%B"TB(\Y MR10&J25Q&H>ZK5363!N(11B*6^06.0%#+8?&N=9+D$MG"G.WIA=+T&%TV>W< M$5]X9V2GAB"(XF?,E'SA&P:I,F>N![<'=I$GL*DI&,*NBFKJ_G18K=6KR5G) MXHL\843;GD#E*U,8;+2`AYQD,[<`/`VX-C.;VB)/X%-/$%J;,%T*HZC%D>%& M6$@+P%C*M'C;U*1$SY9>CH)N2J_0@14UQ"`U%@0Q50X51`$89S>ZGQ-7F">\ MXRY26#W]BB)J/]Z"I(FNFLJ=M6PACV<06F8'\!4O,("0)R10&*Y;Z+)DP,\T@3.);]R!\D1F,:+N45+`RA5'- M%(EH,J.F%[#$OSFCQ`IF=AMJN556:@D<,4A1^(+^`LQM`/-3'<$N["([X%,[ M"/2DJ8Y#S*U[<14"EV_>C/-%9C"B25%)S3*%4445QJV%&E"T`[4>&NM6ON0C MB_D3.J(),9HOA<$+0Y_#0Z"K&2$U"R&BV)0_F]PB3PBFGA"2(GL2 M$M_([V-L@E+'9^M;@*IOWAN%U!D4QB)(TX=AWH;8]-YP!P$R=/\>*4!IM^95 MRR@.A<)@UQ.-SF\LVM2D3AN9DU(2O?OX+)"[[/ZC/T(SA4%J/"5SDY-E?>-L MTUOD#\'4'R+J#PISF==4)/K2:BQ,@V`BB&_)<+#((48TR1FY=*8P2.XA#,)) MUBR'$$FLCV?GC3C$.YTV=89(Z[KJ-,1@.1_28,+LYKI-;)$O!%-?H*:9*K\([AO3[USK'80TE_%,`H=OLG`#T-['A^;/[<#O($8_SS`&Z<*GH_[*P#OVG:X M?)#O2J[OL)[^!P``__\#`%!+`P04``8`"````"$`B@D*6?8"``#-"0``&``` M`'AL+W=O;.7*$Q&V!:]:2%+T2@6Y7GS\M]XP_B8H0Z4!" M*U)42=DM/$_D%6FP<%E'6A@I&6^PA$N^]43'"2[TI*;V0M^/O0;3%IF$!;\D M@Y4ES-X4T/=+\$4YV_9^N(LOJ$Y9X*5TH4XSXB>UYQXB0=)JV5!H0+5=H>3 M,D5WP6(=!,A;+76#_E"R%R?O'5&Q_1=.BV^T)=!M6">U`AO&GA3Z6*B/8+)W M-OM!K\`/[A2DQ+M:_F3[KX1N*PG+'4%%JK!%\7I/1`X=A1@WC%12SFH0@%>G MH6IK0$?PB_Z_IX6L4C2)W6CF3P+`G0T1\H&J2.3D.R%9\]=`NJ)C2'@(F8#] M83QTPWD41/'_4SQCI`N\QQ*OEISM'=@U<$_18;4'@P4DJ\HFT)_ARJ`D->=. M3=)3@1:P',^K.%YZS]#!_(!DYTAH$^L!8GY$/-`[.D+EUSNJ25`+HRP%.$^IXKC[5-PBB#[7>V]QER0QB]E,\O)]&$4LNN49.P3VY:4_.($8N3/Q$^=G(VD+F\ZF%6'(!/%(O M;YVF>WJ])U-V8$;];&9&PO7%^-M[F[V->TDV[A>#?'SQ M[;VWI\_7']]+9O-T/$B'Q3C[]MYU-KOW7]_]]__VS6PV3_AV//OVWN5\/OG- MPX>S_F4V2F>]8I*->7)>3$?IG'].+Q[.)M,L'SA*\_&] MI%\LQO-O[VWM[C#/8IS_>9$=NI]VMS;N???-+/_NF_EW3XO^8I2-YPEP),_& M\WQ^G1R-W03`_'60#9I/3[))+]G>6$NV-C9W MF@]?]^<\W.Q^6()QT`E&\C\.SF;S:=J?_\_FL%\U?RB'.KV>9,V'7VUNK/^^ M^>,!"!@8$IX/TXOFTZ_.T^&L-5`YRW$VS0NA;I`\3>?+WWN>S_KI,/ECEDZ3 MYR!]UIJG"VGE-/YS/UOW`+_?;HYY.DW%;LG)]>BL&#:??G5X\K;YFV>!-]E% M+H3#&*_246M57QT>'!^='KQ(3IZ].GK])GEQ](>C5]\GAZ_?'"\9\!`>F[+^ M(_CF0_*[[+KYWE<;&QN;&SO;_%_ST>%B.A6+QBAF M"/KZ(_OS(G^?#L%\BU??9#!'WA>:]&IS'-`H33-+IED_8XRS8;:6C+/Y+=Y+ MSJ?%*$G/S_-A#K9:,S_/!M!G:%""[7F6Y.C449;,TP_0H)JP.=?3[#R#C0;N MQ>;3XRFJ=8KN8Q@;.Q_/%K`_9!IDDV*6MW%P/,TF:3Y(L@\HY1ES2X,:@9J# MGQ9S(.Y[+G:X;[Y3`J!1A/F)%%(GUH[&[T&_'L]8/*S1C[GK3T6.J+SGZ0*F M;$[S6@R4.!`Z!W>P=L,8N`?*G$&>>9ZU6:@D_22]%MV;`#2?)_-B!;5Y>[J` M9@''S=$"1)-B.L=:)<5Y,B[@FF3)[!WO#P)?.#ZZQ0S]=)*+H,,L11!%K_-\ M#*M(T19GP_PB%2PMU!\N9G,8=;J4H>IL$B&Y"5/)RDM`OAU\1GYA+#"F1V)S M-LR&*(99E^9\,RO6[H-_2=,%7[+9S,Q9#%-BE7JWLS#'2;:\Q/YX4V55..'R=>3K?VU MC?U=8[JMQVN/=W:E`>0XN)\V-K?7T($R#O/\?39L6;B#P0"Y+<:PKY37.E][ M=FXB]4TVQXUDJ0^0D+R?S[].<%W&4*9%E%,\T-EB>HTW:YA-YQ`1'W8]V=[= M\+`WAW?,;HAN4*[[S8CK;*FW^7*EU3W&9N/)9O,=LO'/?<]NU;,_!2R+T;Y,E^(]B= MKW?#W/GJ"H";+.A@:6*BQA`E:7&KSI/7F'^GMXV]F'\RS2XQ[(A1\J+`]WKP M=IPND)YLL)1;ZCY;]J&?3>8)+CNN'MR6X/ZE=W'EMF\=;&TW5_HFPP-8=-AG M/+=\`./;*B^S=#B_1`,`W-1]T1SH('AB@V24CM,+)PRS;/H^[YN_9?,TOQ+Y M"#GQIZ99/CI;3&?NNR63.&7@'[;4RS/O8+54NJ<99C?X!\D#D#Y<&-$@ZGG: MEY]R[4VU?\N6CE>'KXB+*2F6NDU'\B'^XGX(;\XNBZMQYK++?W8"U'S+.1#>38=`YBY_W:+FT1CW`L?6._3-4&1K=\\U4V3X:LOSFO-*`I9-.` M+<(_26=Y7^&A?9S`1^[MYC!/\^%"$>?-;_Z8Y1>7>C4E_8;."OY39$!P3I"P MO-^X[D*MGP5@3G(/!GX@Y7*!( MF(6^*W"JAUF%07X5-BW<-XX8@+2SZ\0+,YJ5E)L?O46W@UACQD)7A4-][-Y% MVXM?^J4+J2IY=?\FH$W'%SG19(NU&J%0-P<;WS^03'[]Q86R20/B^DAZSM(! MNNFLG4PXO&2%V%.I#:=(A7O+TIAUBMS?-AW:V98F%''8WWQVZXS*PR5!M<3^ M5AS4G-DE,A0V+^?A0Q_,FM;'^^I*:ICD6"Y&NBSMHTJ=>]YB%ZC1S[+!S&69 M.K5S$\CZ)R<_'!\='3T\/'F1D%O%,",>[2SY4[D"^=E"S_Q<*S5Y<\X2HPOY M`/"$LS_"5"6/S8]\=+(2F_7%C.-PO3G^2IN@")`I>)0,BLS@YY4 M9H+!#.3ZV&R*,I23&CD)YA)%$Y:U0Q_A.RE):]%)_ M)]5@[R*!YA5F'[)IGUQKJ\Q1*IV6HK.@NCE724W`?8_S;1JV^G0Y16.\FH!9 M>N2&U*QAN.O%A+#\C+3^6#&\G`OT#)6+)K0KOZ=."1]>$P'N5EM!M/I.O8`QY#*,1QI@GUGS)YQ@%PC%9=^615@3JF[WDR<') MT4GR^GER_.89%8W3@].CUZ^:HP9-=)*-<_CV!6:1"0Z+*7DS`V,M29.GV3"] M4CC5KWY/'LR+B\P2KULL_83>+=-V/)/#L M4[#GPD#$CZ!D?MVCVI"Q&H,@(>H!+&>)&$[LY*(_(%\UZ4567$S3R:5R*L-K MD$`"774?03&%]Z0.YY?38G%!:6/>AK&7'!AX%!))NYQETY]_"N5$AZ420#.2 MC+JYN;<:I"V>*XDS2PSYA`/IQ06PJ'00%B\LIQ/$\T-.796TF4_\29L9FD`& M\'[O7,>.;J98X-59/T5G>67.+? MH],R@J9A3@3.YV8NJV7!<77.UO(7JIS(]LSRBS%%M+[*G%6(UU55<;"8L"); M;2)?IDA&;;1SDLIP/_F>F3`M_*FL0XPW0A=0,1;/.6!XWFMJ&TECC52',:EJ M)43TC@D-E;\@,Z[*OKT&AF8.0>3&R4Q0JK#RFLMCW8+\7OT$GA32M))K5;$Q M!@S8-:N87:_5%K`(Z;.;IPTKTCAA2M1&YJHMV*\LP;*C2IUUF7E0.K2&<1[Y M<4-%8):)L@`J!4Y(3.$N('>%P3M=$&+8)RB(Q="E,X(*/LDHE#CU*KCP(,QG ME[R.<#N,TPZI(2KTSZL."AMNC*>E9$"?F%`>+`4%.C@D"DZM.+8UE(W'"P2@ M4]1*N)E!J)T.S-5Q>JUD);PB!LTG6@IRKQP5\_"^=*J)A^:IFX9*D!`=TH-R M.R%U06%&W]3Q5.#I=6*J1V/#-#E?3)E`.05(AT2#&-4D*+X$-',C*#'?"Q\W4 MU>O/FCG-R3H^]?'3T_.CQX=9H<'!Z^?OOJ5,T[QZ]? M'!T>/3MI?NRB].`-H#AJ7.O2I7^`H;HB\].*N4QC87G%Z6@)>0,-D^NX966@ M3$(40V8\N\J8UGS92W(N*):ZU8$[T6*U7@G`P>D@?)7%[*>$WK%L8$EA1?Q9 M>4.R;MY;*QAIBDF7LRK*9"GN7WUC660P%7XN>T#J/,%JPL)ED@HTOM MVMI=?=A,GK*?*'//^C6,S'K)ZW'RV\4X6^;>6PY'%GIS8^,_PA@>R169,(,= M=&3TYZ`TK2K=D26J#-$KF>2=M82XZR#*&/6(OIH2\,*2&Y6<-9_'7#[(8")< M499^17%9S('.E=:']TO.-]\>3P//A8A0G..4Y_ABK4R(R)26?27^`ZI6>%WB M"\P+'SIY&%[K%\UK^#86M`\(=7":)+I2?D24`3JSRL)K?TB2T5Q@2WGP2A^O M>TB+GF@_E9`A$C77]D^+P86&Y*D\),U<)/T.QZ>*F`0I@F7!%>*/X7%-%WX2 M]:MJ'.6G<3GZ1+3G9>0+/*Z46&-NL^[69,`BSM$*L[5$);C1@@85(Y>O\SAW MSDFI>V!XNG589=^L#MW6DIW'PF4[*@C8A9%E0P.-'80^GKDB:KOY6R+5V_0< M.1OGS3G"BBLP\_B(TJ+0.!3$?-73>5UH//>DH&QB["55_R,XM-Y&!X'W5-6EB/CX.F8RH5X=8'5R&9[$`F9(4J<,NJ3, M;WMRS>@YNYSCE M"V:<20RU?Z1#VR^?)FWSVSH`]&.)`V@2R6D^+Q=G\?#&D M[N"R`2LTNI&=5;IT&3;5-[2"!!!5!5B#A0.>Y6QO4.B\!G.*M<7[-'[`E/F0 MB`/%X^>$"\)8-A1!*4$*[*V*'/R4$N35H!X$J+TU0>6)#GP'>.*H2,P,ZJ!R M@P3#$`M[#?N.$QQR75<`ALA`!0!43Z_3(ND`[9_VS=]LCGP#8$I>TLV19U`M?M6D/)I2H64_A)&$I)>EO&N_I$N,-"9PJKH*2'5HCRC=7] M8+/UIL:(@B\1?@1Z0CQ;88.QREBKEW@F#)Z0%4?:;&2Q=X4)Q-@R6A($>*EJ MNJF1U$-5/>6C84X+C\)G[YI68(GG6]S#DD1@2W?ZRH2+W(1P:^UV@+=DZQG" M6ER3C/G!M0\)/4_AOW28/`FU%/UV5+90OX$_I\"V0LRDNVC?+!T)I'.X#HOB M./CII'6PH>:G*(PMW62K.TE7^'8FS:T6)^"9T&G?4#FPYBP;GJ];@S?LN9C$ M_HO2B%Z_\6)X)S='*<>]@B)JZU(KOB7F,9GA$YC"#"Z:QPE0<$_"`CK@"[6G MLE>V?!=7J"HA6C7`W&QJ1]G\2AE/B60H,LA9(HWIN%T/EJ>975N1]Q[1&\&D MCQ`!6F)T'PRC#7K&^_/ MF%0N64,Q=8S@7T7)*""3N@GE_&N+".*V%(<64SG^3Y/G*D$7>"RAO&QQ[37F M(M@.S0??5L/SCQK%*STCUS\?^2]%(;8^V;1U32P^]W)ETF`VU$'6(QU6=@2V MU4\%A-1/O$:O$"6GWM6!4T"+UT"3YX"FMC8;LE',8*=N)06)3"RJ@HE'_*WTX7*PNM/65-9 M9#&53+?AXWTQE'&*:R0AD(Q8%!G_D[,]YPLEE!(UI=;TR(2P'5\538.G.Q]: M<.O,5HB,'6G7DG=C]6X"IJO@>8*(R"`!KA*1PKO!4[*EE"OKDK#RDX@E*O), M?%/A6A3N:J.,VQ+BM)0)F5-2]*?B_S0,E"L]*#7K?`Y30MB9"D8T$/ET^6HQ M8XJ\2!H;VX3X?@)-EX^5\2C-P M1ZI?F#2+F^"^$C&Y9HASM[^VMA?&K[IB5!6V%X@<+DLYGP(W),IJWA&D+15K\'VGIM,YJH$R1$V M2UBL"&$]98ZCY`V`0><#=G8MMZRJUPI@!=S(5#/3Q/J'JX*\(Y*F#8)85N?U MH_D4$+]B7S]4J2U*WRJP/'H97UD;'Q/X'E?*_O3.01A/=9]E`EUS*LKA18J@ MH$F@.MLH@D>R+K]([1[3:T2.'B0YFI*4E2J@DF?C?\OKVAAB@+`HR)Y](%2W MW[IU@R<=B=THIA"`+"''P)7:2[\MT2]:^LAVDL&]CDBDFTPT])73#N:+Z,TR M2D5VT;L(@ASS](-'N.E(CW?AVWRW4"WU'\/=JF7?%F>,?^8\/K@1$"&P\T&P M=Y$G7-GO3#L+3:>)?IYJE_TDD@JP+:[(1/P47T-(1Y@L']PS[ M1]->J@AT,4'GF5/CLVT:Q=,GO"@ODCN;^[UMDM8A),: M<-W!CDE]U^SZ'F99F!=8#V!;CHD748D4N'.*@#^9$8M%W[_2'N_4*,=O8PM# M@W2(NY4!*?U.+X3FR;LAKLB4*LO,)V58Y`>?)U?%@B0W@M8]2TAN':+-51-P MKSNADKE2\M_Z><7F7<+EP?',Q;]J^1P4F'!1DMRK0'@JRO\9W-X;B_29`R48 M+AO'6PX_IP^&3###PEV,)S931A$A+IQ<\>]EM!JI"&"D,"WEZ"`] MX4->%_50`[00U_E$3HDZV6I8T*E.ASEEOH#IH!1FVI7DRWU:?6@349QBG9VE M8BKC5Y^P-OMA3!C"PXL%9V(H+$&(^\KXTOV'-G)&0,9H#1J*&/3I*1BF.EHK M6*HMDX\PC<;UA(!L:'0*I.J*`/OV%MD.1P%41-6+Y5PYJSS9%)X192^(-%4^ MA]Q>*.4Y,UU5$EF/K*88F8MBJA\?VBSS[_*>/U$BFON7F+<' MF^!19Q@H+0J$[V[\A].!^651L"78Z;_%Y#)#?2G>4X]E:8U9H=DI5%36OU3: MDFY7N-V':8A9+$HU)C&"3=3'#B4AEMO(A4#`)B7WA](H3Q?CDHW,?@>%B"OA MF-K$Q0?V=;%Q;YCK)'#\.S5H!$)5].)/[$-)S45D1F\\N&U9)7ZDZ)^SYHV]F&MA* M3K([5\U-AU5*/08$/1X=[*#H6!\[Q=1COX)/;\$PMLE0L?&LZCPUGP]MAW%; MV)[43HADZ3UP)ML4.9U-=9OM^73``F,XXHTOZ*B;P'`.N.^%*LN<#K^EUB\Q MR^*$^X@65CO!UKKP13REWJBPX(8ER:FU*K]4A_+R M@]*B_0U-5GZE!N=5G]]O?O%@=^W1[G[SUZ_;1Z4\V%_;W]MNOOA@:V-M:VNW M]?/FSMKF1FM8R:)ATDN(,Y'+V;%CV#8$V^UY'NQNMM_;V6D=[?66CBC)).E: M0"FYK@9=S'ZM)"'8V]O<:X&YO[:WN]/Z=7-_[='F5OOG[;6]OG.GQ7('+I^Q3.OIP`04\P1MK.*`4A>U M3.PC=XZ/Z8/'CW=TID_0CQ:(Q)HP:&37C8K.DA`[1["CLF1#+@NVM!.,+,Q' M0[UEAP)YJ!_="NHJ7?JQ0!M"B%MR=S@0Z$7&: M/'**QCXTEQA7.?3#&.;#9\X@.4/E]#M6S^^QG: M&4PNW_F\/"4H&H(4*VE!<<.3@O^SG.[S@Y,G2NIB_NQ,J8.3MS;,^L;CM:"Y M(S?WEW*QWY3%.[8QXV\@3SKQJM'>IF<8@84<()#,/XD=?/9'E#7TVR-\Y6<, M,K]VZ(M6](LX[DF$5G*([.=5P*-4`:!;0YWX+E5$:"N0&^IZ%&%-,1,/*BSX M'D[Y]Q;(^O[8<79E/^`Q\SO8TD<1>LZH]RT92*X/J68?4+NZ8(#%AV8#3FF@ M@7W$<9$&.FD-*KJA.+P,0N>VEQ%VF5="I&.4R/^PH.'I!N&Q83V->W M`NDH4>O+_,BWF90Z]@W9@@Q9M7,65\BM-6V3C^U M)1?$0U%N69T[CMTM("%.I9G2VJ9DMOD+QJ^ZGNIQI]]_4?IY5%'])8'F*4"]&ZUO4'H:0U9F2/O8W5MY?2XLIR5#A,46L`\ MI[K(:<[8CL70TD!^#+1G:R)^N_]X;1Q1TQ=:V_?V+*HNM M4EF8NKJS]F@MJE(DGV\=KS_3EK,5$O\EMU0 M?C[\_=NCDR.+A9K#/2>FI6R%0]G*BKI4I3SX@\7%8C;_^:QP7\ZL,:'*HWSC#B]5748/H.XQ\-K-C'-V1#XHX7E+)!V$L6>M83? M_:CG!D^CH]NDSIS44'%1+[(8MF+O7VR`+0P:7X/&+L.M"GB-/*; MR4;Y_O,Z&`U+:%5FRO'JY7&MU2&F(H!Q32S1YC[7K53K_"^3M?PK5;+&-'(^^JF]AK*^Z./-'A/O"-.&E MU8*>JZ&'"D;J^LR;I*$MMO07?'P0,P/I-!H"Z#1)*7A_`.WJ"E*.:8=L\7_X M#8(ZPT-)",JI[%"UX%KK//-7:RP=UIT2&/;EQ6@I.]SLO`ER0[9_;-;*$[99 M'1[_`IS^AI-KBW><'_2'7)V@ZHOHXO.]*`H.?.X_O1.;$VEVL;DQV/8.HN>V MGL,I'R4&E8SRW?%[&9]_RC*6`0Y\-_> M10[VE\A!7?']JNYIVE(V\3;J?KM7"?]2O=RI[O_^?*X:CZYB^\V,'GWZF*S" MR/ZI>]]59J">;D;+K M7HM>J'F;71;C\79OK]0[05*B`:*\N?.-CD-SC@QL9*B!:U4Z&^M-^.)3A[;3 M\GC*T3GD>?$AJS.%XL[IHW'?9<`[W[3`4RTZWNE(DWW<@08&Y2-:`%!/7Y<. M0M7DH\3/[3ZVCBY:AI8>7BCG)/*R0FNRSY)Z)\.AKMQ840&BPQ"GL\M\`NQX M,[07F2^F`6N+H&LQF@3#&6JT#;I0P"HX2H//E484;*F<7SS8R7I$/M!I-1L] M.PN!0K\*%(#W4AO*S>VFS9'3J74V#GN![7@W=NCK+-,8(N<.^B+#9,C.0SOH MT:W-HZAK13C$@C+^G+W/Q1`_(;^@MPP0;(FJ4OF&+#]:M!SM>\ET<&0X7T%P M5%770]L5X[_6AIJ#DT-CJ,<;%*E441\$U!KKS9UFC= MCZ&#L3,H:P%PA]+H72:':G8^*5S&#DA'6^%6]60@+B7G2.[1#P8FAN/15.._];?6FU%\&R=J=(;2(&R,TW?QO@2__X6RMM\_:L1"/]3A+1&KED=#?K51P<"1 MZ`-5A)1/CRQ+$8BZ/CM2MDS+"O]$N[-%T:42ZK9@=959QJO:5U&+0763P84N MBM#A_)U>3![C;&2>*C M68F'=9PG5I.FIJL'S]VSR)M/SD@(R1P7XC.;]S9V(,X.G?H"-&2??YPCM6 MHDW!7YJXW.WM;%<9FZU*9U<^](W2?'=);O+T@:R0<_SD%P`]>U\C#YKX0NK, M^0AF>#A`"]NEE^R4-'.6T"GDK.VP=9H[43%L>^SXP,T M:KG5D\W]4PY`HW73KBF0H&A]?)6/U]F22@HZ'(Y'ZZ:[?,C%/#OE63P4#EQ8#A8T\&K\^3']'J,-A-%#MDA MPSGD9?6:W9-+_7;:(7AV\NRTZ[[/7&SJ?I MOFH'[K^$K?L8W=<0O9V&.[E4$U8%'+-"N[W=/:\(X_J-*U69(_4+Z,'/(1ZW MK%:>:+]].G8-EB>J6W)7!ID--&1G->=15!(((O$4S8$6/=:UA')^![7[6V32O M]M96X99L_S(?XDE@#E["@*01,63SN7C?OGC93Y7)I(S!/ATM3$H MK;AHD5:__W$S_')Z]=)K^AM:4O0['I_SZ+MS^>.M7#?\/P^TZ#^`?A]O;6Q4_ M-[^_3M]=4W[0T MQI-L^BXE\K+>8=UHF0[97.[SW6$?47BIS&HVS,#CJ-RPV@K<*K=)_$!NTXL+ M=T1QX!P1OQV3SNBEJM[<,%5-A_<4=I4B*@.$+&(V7^6!`H=3"8VW`'3'(*"5XM_M[4?9P*B"\_?BLPU')+B'9+GOD-_>_=45NMGQO\E` M*/W;T/MQ">*+Z_W?+H;7/__T]U;Z[-_E6JHO$QF?S'O);VF!G]#0^))M__08 MYU[G;^['!Q$&VEB9+Z]'B\E+0OX4OM;H4U!`2 M"G75B9&KI<0E1#ML@BK^(7R(*D1_+YO@RYYN$\?G#AV>#=]=%E,J`J^RLVDZ M>]<=.^Q%+0M!'/R7=Q&'7T.'RYLMPVIVO[\392P^BK\Q(R'Q7\^`_K+\?8L2 MJ-R0N`_KDPJ4%'[+@O%M"I2[51/[/WM]\JD:J2*KU=JR:B\\+8])298?T;'+ M\='/GIS6SNEHUCSI%&OO/%O6*]:U#ZQ>&"USI?1IF/KTE+*Q.7_+T$9;3_X#)0QOPND]74>_[HN6=,AHOYX7E'9/8`6 MJ>O)+7,==5XK>7(9[CJVNWR43_>/QQ4=*UO*%8WM)G4<-OIZ/D9>_]FXHD.B M_K&YHKF?9AF[1^VWD9U9RA>_=OQ^4H?SOTW'KY(@LKM19YRZC")N^V(MO<'O M7&Z]JS`3J;B=GE:7G\SW+-AOG=W;:<"UZF@/@_6N:R]%N_D,B^Z3AIV[_-E< M8"W6]+B5ZM=`8&L2MS*JSZX905,HJG;#.BW-3I*![2+O*X5=^*8Y,XZ;N]:H M1VOK\@ZU$#(^C\9Y$P"KVF4#SDOKVH1LF^Z-THEONQEPR^:6H!'VED/397@@ M3,M5]-<:Q_5RWQW5X8E8R\-.;VO'M8FO]!;]5H%E/0$^-7A#K_Q^G+']A.(2 M%SK>C#*?#;E5/8D$#/D3.5.$EUNM7OE`Y/JNB-NM627,*DU=7[1TA7IB;B3_ MQZZEH^\_K&69DMB,FESE9O]R6B)IA]?H$Z\*ZG:YW%K5D+;MO=YNA6Q9_G1V M20CD=FVQ9:K5PZSC]8:ZTB]<6^EI41[G4&H@V^IBA(A40ATL&IVS(;ZYNG/- M!NCCZ+*>!K0;#6`7XZJ?=RG:Q:05[=1-'2#GSU'._?6LH#$16`DJJ"NZBC/6 MQ%:"/'#)E,M0=`ES.%\TNJI0-PJHE58`L0'.]EDB$MRFY"O(V,`+JC?6?KU4 M<4?_5ZG_5BJ.\+_UD:-97[C MDAT4=;R5YJ#5]5_GIRZ]WM;J7#$HQD4S-^DK"VDV,IES;/I;E5`F!K>0(@4,>5T2FNQ$SJSS]FD_%XP#YK"N)PHQDW M[H#CF$K>7N(W;%7%6%=&T;#AUA2XR]]03=-MEKQY=G2J$J3?8_[#X2MK=J"W M-@B'-?Q7UR/RA@E'!&J7]$5-`KYT1=="]$TXWOFCEE=2JWMY0/C)\-OYU93= MW`ZGSP8[=BCHK"\$^VGE<35/MY5>T[[ZUMY=I^SZ=MFU>UJ79S$*`J.+IK5Y MF7T&(5WC+\V`L/5+[LQ-+A4E_M5!YY6CQDG5?HQ:?1%'L.]W;=G>!N[PTW', MW`$DMKJ=?QX?A-]AAIAGOS+/PN7]G4=[RR9J"1($;\AW%_5)7@K`VUF16)J M(4YPX2I$Z*3B.AO4/!%CN+0OUGP#YF$_4C_S=5/:F:65S^E'L+L1A(T9=U%Y7Y#7<$>,%I@L]IP(Q^\+VQXW MX3)I++/HY&^QTX7>[OXX5:PT+NT^?B1S(D0U;8/!V9SPXOAB+7&'OZ/9%#XQ M.I?L<'""^A(Y\./2;5C5I/X*(ZABYRO8C#&@O.).ZO?'@I#BT,Y$@&;?H8.R MY!W]H*FRXKR7G"SZ,)M30[K/^DS7;[VCXPCO0Q/'&NG,[FL`A@%G6[!Q@N6+ M-]&4\=HY$L\JRV=4.H:7+&9DL.])D"!Y_H!VV.M0M^PJF>FMW$HP0!F=:VW?B0 M$G"K`W3; M#0JD%/O!P41#=N5[1>@Y1VQ@&6)$U99L&@XLV9[>A;MY)N8LAR:AKLG6@9,- MP18I:5[B\@^3G'2$ME&K.1K-I:]-?)VJJ.#F*MS2(@9)">BW$ZR0^NJN M'!N&>]X6T]D"90O>:BLIB42[;W7L4W:IF#8?,+:+8.Q*N2)KYI.'*;%1I8GP@F,NX M/F(X'0%D$HL`Q$('BXS9B^:8N+874+&YR!P&0??`PV%/.I#Y)0&,G(,:4?DF MPE_=<+0(':B":I^QL1V^%-HCW+;UK`S\^A/VX+.5&K\H7.?5=`FB-@J@C-], MWOA+40XA`6)@_+/NQ/$XO7:"LKSUXA$<=_KZ\'?K3PY.GCU-#E^_/'[&72DZ M'K@)@]2"9A;RM+/?+J@T=)5@APLE[9P!0X^'Q)L]=UT6.`F.'%>7#XOK<&E( M:8!CG8!%\(?7AI>]$75.AM,EU452M7EAAGMY@K MS*4J)P=#!,#&M%53TSG-Q^>-I@KGARWS'F:,H@43\<7Z\(> MT-CEK!CC\(*YHKRE4I+D1PR7SLT=D9]BD:^P[25'[J"33W<#;E!92$YQ?HYS MXV.K4M,Y;BQ41L6*ZO!T7$4JJ!<^5'"ZP=X*8QDL$CUR%ZL6&5_CJW/>PIEB M'+Z2%_AD[DAVUG,NWG07?FDIPGG(#ONCQG4`3)18P>Y#2ZY:(Y9;I]IK[A^O ME!D7321<.ZEM)N!CM MYY^*\^;#8T-P\]?O9<>R0?/G9UX^6@^>%]/SC`O36P^>@0J(USW+$F'PLR@T M:`)@#D,KOFM=$5K*L?GHE8O7'$X<&22\%I)ZS@K/_'@6K'3G7]9<4D`Y-BP= M`HBGJCM_ER5)HZ/X6QSWQF>8Q!$WY504U3D3M\R^(3,M!Z82*5!(N/Y4F M8_BTI3KZP7NGC1A/.C507\A`2Y1!MH<.K0VZV0[T!>3;10 M8MYQ"Y);R.@2A-^%?Z[@- M\GTL5<4*I=,-7DJ_G(41FAG8R]!ISJ/+NU&A5DT:Z1G2YR87B=UGP4L*!R2OR9G"'VS'.764"P#+%4RYRHF339@N(LCR M`:`4`6!+:9T"4/##RG&6B)HPMT2\'2'$@8.?&R9;E&TM>2:E>PLU:SAAM_2"'+<3EE1;C'44Y?L$=4J?VG% M-=)U51]BANV=32Y(WXOBN&A),'F5YNZRDR:EE7'T^L6SN8RHSZUN;FURW_JC M,(L5^J*4><2T2RV5OY66DX@>&TOS+KW)S5V]FTT8AC MO!GAC6C9/M245`4W6VUCWA2YIA`O6U(2MR;GXZH^*,,IF&OPL7'FDVC:#YS* MZ<4[:WL[VP'?]>75\!3XH"*5N\7+YSKP[]=N*C0XO%^#&XT:I,`B9HL:RK.A9J6NXXC5QWKU M*=R89M^%8B$L'T_P=R!-6"^=M8N1BY!Y&(Y$5US75_3SOA@22`T)L7"WPX_! MD4FNW:&/Y8-A?EZZ!'Y]YI2*,OGL'464K''DL9/!R=@ M<6I'\U\[DEA].[.\DA+Q+;7@"M[Z>4;>+WC(J#+]5"+"4U!$=60*TE861NRP MX/$<,G!@*NJ'+![!46`/6W,K8^X9@@JE4AK*O1NE=8FY94ST!83 M;HEW#GT;%OWB8+$L0@>SZHV8!R+^:0,>F*>.?M\M9T4B%08#H_I:C;GLGN7/ M\RD6)S;F/"@+#IL[IC@[FQ9.*SB-2*Y&8USJ#6J_P^&5OU_J$*_([')M>3[2 M\V;![T=]+@'Q,J12J0UD=U:IG2OO^%2D0C+U#]$*%CRK4#TM;JZ MNNXE`QK&**._NA+)T+K1'$7C&TWY',>0<(IJ*Q1X@5OO`R"*EHX.3YF)T>+[7O-UO]@^.1R#N MZ+`Y.#X].SD_VCL^._73G+'J*SP:OXM\HR6>RURG"Y/)N"%.!@Y(D]:LYZM7 M1ZL!^KPIA=>0D@^X;=[CO;!N&(2L3?OILXX:%[]@6Y=?\\B6Z?^:`>:_',M5 M4(]?GP95``CK,48/7+V?!`CD-RG6KK&GD"5')E#M=9#O@(LL!(%,I7%-J;;YG+ORXHV9ZKFX>$E9LO70X*T,+8<__PJ%P05T2VU MQFX;I2="1`$KY88)=N<#+ZH02)\X05LL;=?D!L.9O3\])S3;/"N,>]YI0:,@3>9]!93G+;K?67>A"I` MMC\Z?64!")&?&YV>VS`O-G$'"`LH[M\/+$AV8A=+D-`S8"S/'*B_112.S[IN M3OE$@%?\RALNE2N_Z"K"4T4_#"2!/:F]OW:A%A&0B!$6K<`V%C1ME;,5GA6H*$+":_$<[1FM) M,4"XQ!.B,E"@L8F_"1X3:2U:*8_<1`P5[M+7J$CUSAONFS><`%Q;81`,/L[A M+XPE2H$+D,@2)%Q[8Z%8-.KLI.2%J=!^1!-:%X3PI%B9[V#QO4R63`FP`N(' MV)SBY=WZV;(&[OP-\\=7;O"#S'(*R!M/HCS#^``45AD2\X=OZ)D>V*F[GSQN M(.!\9M@J<+T:RQ`8L/9V+M)V#%B5$5LF@^`#M7C%H1.R^_6X6C7KE3FM`[?$ MG/-&I4+Z)+I<'61#M)^MU2.S7/^M>(O#'*/@%[7J'/]?FO7,7.D$,Q4M&-CJ M420VK@E\6[AN>4"C4;TC>M`+<:SUN_`H!8QZT8R(1-2556?Q@P_L,D615;8XT/,.G@9)\E'P^72/(@Z>%^E%^H8.)%=@ M8Y:B:[-^?OJF^5,';>%FJ-QP*\E;VMXKX@,"K911@1Q]\SMH+^?.^_3P53Y; M%K5!Y9^.(>N?*E9R`9HCIWA09YR8WRU(QPLU*`M4:4_U*VI4.5IQYIT[`UV_ M8CXY&X,5GRVNH6TLM%L&LG9:YOOK:]R2%^[PRC=[&-39N-B?J94JMC M>;.BG*N?ZNSZ&SP5AV8T3(2B/&7?^DV*5,F3EZ7#),6+M?'=1I/?YK$T*;R< MC':!5&/I[^]PSB"4X@$1-!&L:^"M/H\)C2;D'@XEHH^?J?#TX@)(K0_%$P9& M<=E4HK[32K<59%J5>6E?GMI5/D/22M[N0=L_PK^04Q,1?C*!V$*7>#?[-(6_ MAP'VF_[+X-']DE_;_%NA4W+4J4I.;WTI:.LCX3B7#1H MB($\&C\P6ZQ8ZF>KI+^H3ZBE8_TWY80?K">Y7'6@GB1^U;9MD?3BJ)OW`US%6!';B4^=PZYW'L3S_%.A4+,*/?JBH"9B8S_&A M-WJP/[[#-D($0.>E*YM_T],#"=?-JO3V8^R`6`J\E"L1X!&'6%SWJ?B94$?)> M1O;E/H/.L;QLX+UY,NDGRRMO*FX56#IC6IIHWP_GZ\<<91@//(E;2QG'@U(& M?+S`9YQ2JC';61O]Q M<'RY%(ZVKE1IS@.DM]A;=4G8/WF`@YZUL\7^JD#5L8RY3I5>_+(JI5>J@_74 M\:JV/?(UGEHIUZ^BO*A6)LHW>-P1;2\]H@M=O<72&@/+AZ-2A*:<9?R">HH2 M5`?JI$5_NC06SK+"4P86,"#-EE^P853*5>4_8M#::%(R*/\1;F0"%V$$_W)\ M]Y_F+:8#$:L3L27K1F.?53=?Y-VKMB&U9]27!`VIC$NQGGU-L(*>HB/0LS-J M\]75VNYL;&_^5)U\9V.'FI7OZYV5:K/V-7-DU29D"EUUDZR:U>^VIW).O]!_G^=K/*V>.QM?T8DEO! MI'SV3?9OQ%1#"4RK:-RU;W)6<%5B9R*GI"@6<5A1]>Y[M8JMEM"A!^O*&I5F MF#"*L2-/YZQ-T^791)'BR4JY44OWB!R<)#YJ`F(#'?^2]M]10075J MJ#V/J7.0HJ($@^#%3^!!\#?W8[Q+/C9F,!PEG.GRH7XS,"&=>/>DDZ/#"Q`[1,]Z?7MA5\DIN'>%-+%75LSMI MW'VGM2T3+?V?EXP5-!V^T]K/53'5QPA/+45`6FOID"]+3!&$[.=XUTK942]J M;@"Z0[HW*4^+%"_R2ZYO>[M_J2L/7X'$3O_P"^B4?*>S@M=OMD#9"+`<_BY? M6O`YAUX/="YI!'6#L5&@R/3MV3I@1$/5!AE[:TNU:R(P/I:KG#?XYX/UB.O) M))12)YCI7^?78\KNP,#\_'.A>(ZL&7U6WQEK8Q7+ZET0U% M?=["NQL\@'MTU%_>-B""`:'S6N_U1PIU!BTN'VY(4YRO^IL$?VP=C+]8(%^* M-\B+QYG6"A5U8PK\\.U">8JBTBS>!BS@%4HUW*?_`(V,]3D7O8BY>Q[I1K14 MI@UG^KPIK99XEY7N1I7,$*EGY5:FSWNU?!2IP7X*<_6P3@W5D_.B/%4X"SPN`5^*TP0A7$*XQ1/845QECEH%89=OE9#ER7@A1: MJ\#I3/'G+2+">QSPBIO3&2(Q8!V'F(2R%[!L/;3)&POX_BR!'_/U*^@^5-HCLILX`Q`\P- MK9 MU>6V??W]B^]I7YQHXX;!1.^][^J:$RS"I1L\3O2_/5@7(UW;Q':PM+TP<";Z MJ[/1O[_Y[6^N-_&KYWQ^Y'19A_VR/ON(@HWX2I^#^0ZX6KE+IQ]E./. MN`.4;JZ#K6_Y\49;A-L@GNA&?DA+OOFXG.B7NI:(/`N7`.(/_]F&\7>_2_Z\ M^^.[=]U_?_O=/W]TEO_ZZ9O][W[Z5N]D;`A-L$$]S??=6K+P=4*YDTIP<[T* M@T*0?A_4A-JZ>@["KX&%WX$S@'CXLYOKS2_:%]N#(SV$MPB],-)BL#+(QXX$ MMN\DOYC9GCN/7/S9RO9=[S4Y;.`!YACI[WP7S(0'.PF'\_*9(YI,IA'"X&3J MXQ$JDP\BV7BP7B;[YQ*9.%Z#9E['Z(_CQ:2HETL:KWV_V-/A,;QR6Q$^T>-\ MHEL6Y)!>MXMJI08[$;/QK`O\SL;L>T$YC,4:52_HL](K< M^.#ZSD:[=[YJ/X:^':!BZ:3&?LW-R9SCR2>?F[Z1]'&E13LQCN/%N?2)YWQIU3)D%X`O6SO+R!A.UZ7KX([9NX3(,C-]>P'HZ= M*+#@@Y:^?WA=PR(M@*4[QFTG^5W#KQ\C^[5GL*6*V(!-Z+E+1/$X8TO#5/39 MY9TUNV-\"3)1%!5$+6LV/`'1N^EX)A_I;#R63=2PX"69Z("_F32= MIH%JR@*9T]-B%ULYW??#\7@\ZEV.1J.QV>^9)E/R//5H-U@Z+PYV=Z2I:1_! M`!",^Z/QI0%`NN:(L3HK@CX`&`X&HT%O;)CP/\N4IT<@6Z<#7;55"0)%5B4( M%%F5=1,Z$C)_&BG06%4SNSF(=T?W*K+H^ M9BLY6#O.PV@)9WNS4Y@]7#TFQVZN/6<5PRHQ1C'<&[TYGKI MVH]A8'OPMI.-R/[6C(2SQW"B>*+'3^[B&9AQO:,$;\+B5!SR3&1BA6\.S>[0 M'!B7R2)*$FO?6;I;?U^ZG'>IKX`:4;?-@A,=!CF3U!V*!GD'K9":3W`$,S6S MM.``\(G,)01'R)"Q.%DD*B,9(28C&2`H(QDA*B.$3EEP99I9=3GB>3L!TW,)DAU]':28)J?L-V=G#$4 M3G?EXC:2)U(#A7;352;#CIKV99#!I(TD&;#&,75&3.=KF/X7CN=]Q@GY'ZN\ M!H!6U\WURXKL-X)-8+@A![[W?^G,G MLMC.,,:"'<6^=?%IR@J5XO,'SWT,?(F$))T`4.A$4@#=1J1YY4DYP+/`D"]1J82ZQ#B%)B* M5$,`.$H@$$/T%,V_/8I!T0Q,O4'1%$PA<'/P&6."6H*;(15A`#Q*HJ*H$WK< MC'%&-1`(JC(D\09#58JD&%3ER,(4AJH422"HRI#4$JI2),6@*D<24ZA*D00" M:$1)AJ264)4B*095.;(P15]5BB005&5(8HG^B5-DA[9-DR8JZ9\.#^N?:B^K MQD9JKVK1!';/AB>KIV3E"+9@:RFRE,:K..VL=ZH]A9'["RPR\6K.!313G4C' MJW]C=T&/?(WL]8/S`DO1Y+S3RZJZUPM(LO[&KC/R""LQ%?RAN:YK;9A+U\\1 M6(Y71*/D;%'?V)C?\0R^N=WH(8T@L+FC&@/J.L4@W04DA0A&KFHUP22I'`,U M%4R88KG"`LUA\FG(9HV^2IFC,M*&-QSF"A@^49V`.>(0XGV*)$F8XX7^=9*S M9ENCVN4D23E8VKB`=$705,&V"[2;O=KCJ3OG6M,!_S_P[T-4>8:9Z!!8:-:V MF;\R[O[,?[;Q!Q<1Y:GOJ:(YY*^)9:+ M&K&4.TD#E/*:21#2OLE:U;35]H-53ETDG]Q^X-AUDP=GODJ';C28U/!IP^TL ME:040'CR2(HG4%?-EH-R$$+8O0F$E='4H$(I_FM`*A6K^_A,+(4TB..5\9<]DMFU;QV'J14U=1MB8F<;EFD/8>^-)YYQWCK2Q4&\H4/G8L ML8J)YGS<%4T;@'L-.`VO?$[6XDUU)YZUS*+N%+@;XX!4>BVP5)1Z7#%S@&8/ M6`ZV`%UN^)I8/IIV0VA3ITI$;^,N4@*<0CB57TL'>J2;G`A/D^V4YD?IS*GC M'%($5P)Z.V7Z6YG/I/AKXT0`7%9I`\8X>S56,0O52RXR"54N"JC_'I!/\!QR M-F]S*-^,^U8B!+AUBTPAC1T2\96`I+78J$T/05B=DU0T`<]??;3JN%%X7`3( M\"_Q4H3=,K>VM=M7V4^H9"[-Z5LE=C*E*5EM@&]DDTRU9E1T;*N3TUOIR54V M6J5YTK'I$XU;UD#:!WB:IKO*Y@=NIBH5_M!LV!C66&ADL52E^3WFY253Y93? M#`)/5*558Z6#"J*PN.Y!):8R+RW.K==-^VQ#&FQ!(Q?T\I?SYAO6-+SU+SRJ MH/M[[4+[L$"B>070@QPZW[H>W*H'=Z)AXEAL-W!'BFER,-W^54HC(4=>=T/!'6_FU%YC\=5 MF(AT"97"=O".Z`C+6W$JA=5X+^\+>GF"I;`7[]^FH'\G5`I+`3TBD0E?B$N4 MVZC/:]<4U.[47F99EW<8G&=$8,"]QA=;#QXV%.*CBMBN;2P$B4!XC8X0I2=G M\:S-X"8<.2$^'G`:%2%T][+V[,".P^A5PYW:.3G>Z`-!&:6!7A(-\3Z,%54;,GDL\.K!RS;;D('1"1K>_W#!WX8,C$[(\$D5 MZR<1,A^#]3:W$)]+<>H6(?')#9Z=)>\YO(9QHX,(I7MG&T=V[G]\2!F"BKG' M6[?D-/@4D=SS/KO/3%I_WL.=6C(EXBYV$CM8_8L`_^LV)FK$480([K00(?+@ MQG"'K2R(.1((2XA$"%=/Y"1V,HH@C;_;48#1PH7NCH]62%1_)!_.=&+]W]A]ZX#9TI_]8/[)8P9B8E>O/^$ M-P6$*(930Y!N/FW@1G/P5]M&[D3_]6XZ'-_>6<;%J#L=79A]9W`Q'DQO+P;F M;'I[:XV[1G?V7U`9/B?N"AXT=L1SV-CSXN!JE)YYM?'@:6U1*FP*_G-Q;**3 M#PE\=B&UL[%E/;]LV%+\/V'<@=&]M M)[8;!W6*V+&;K4T;Q&Z''FF9EEA3HD#227T;VN.``<.Z89UC1"SF67"72(6=L#/F-^-"0/E(<8 ME@HFVE[5_+S*UM4*WDP7,;5B;6%=W_S2=>F"\73-\!3!*&=:Z]=;5W9R^@;` MU#*NU^MU>[66\/7.=K?;=/`&9/'-)7S_2JM9=_$& M%#(:3Y?0VJ']?DH]ATPXVRV%;P!\HYK"%RB(ACRZ-(L)C]6J6(OP?2[Z`-!` MAA6-D9HG9()]B.(NCD:"8LT`;Q)__/QY.1`R:"'1BR^?_/;LR8NO/OW]N\*1R5 MD1SBB!4-?A.KL$S(P5SX15Q/*O!T0!A'O3&1LFS-;0'Z%IQ^`T.]*G7['IM' M+E(H.BVC>1-S7D3N\&DWQ%%2AAW0."QB/Y!3"%&,]KDJ@^]Q-T/T._@!QRO= M?9<2Q]VG%X([-'!$6@2(GIF)$E]>)]R)W\&<33`Q509*NE.I(QK_7=EF%.JV MY?"N;+>];=C$RI)G]T2Q7H7[#Y;H'3R+]PEDQ?(6]:Y"OZO0WEM?H5?E\L77 MY44IABJM&Q+;:YO..UK9>$\H8P,U9^2F-+VWA`UHW(=!O-29 M#`P<7""P68,$5Q]1%0Y"G$#?7O,TD4"FI`.)$B[AO&B&2VEK//3^RIXV&_H< M8BN'Q&J/C^WPNA[.CALY&2-58,ZT&:-U3>"LS-:OI$1!M]=A5M-"G9E;S8AF MBJ+#+5=9F]B(K5"MQ:FNP;<#N+DXKLZBO89=Y[ M$R]E$;SP$E`[F8XL+B8GB]%1VVLUUAH>\G'2]B9P5(;'*`&O2]U,8A;`?9.O MA`W[4Y/99/G"FZU,,3<):G#[8>V^I+!3!Q(AU0Z6H0T-,Y6&`(LU)RO_6@/, M>E$*E%2CLTFQO@'!\*])`79T74LF$^*KHK,+(]IV]C4MI7RFB!B$XR,T8C-Q M@,'].E1!GS&5<.-A*H)^@>LY;6TSY1;G-.F*EV(&9\F_W4`BA;JI)6@8, M[F3\N>]I!HT"W>04\\VI9/G>:W/@G^Y\;#*#4FX=-@U-9O]2!=(.SB"QLD.VF#2I*QI MT]9)6RW;K"^XT\WYGC"VENPL_CZGL?/FS&7GY.)%&CNUL&-K.[;2U.#9DRD* M0Y/L(&,<8[Z4%3]F\=%]&\H5<#``"^"@``&0```'AL+W=OTT[;_?M9U0("E-7]I@SCV<>ZZO?5>WSW5E/1$N*&L2&\UL(8G]0H1]N_[\:75@_%&4A$@+&!J1V*64[=)Q1%:2 M&HL9:TD#;PK&:RSAD>\0@;+=XJ1([#NT3)%G.^N5 M-N@O)0?1^VV)DAV^<)I_IPT!MZ%.J@);QAX5]%NNEB#8.8M^T!7XR:V<%'A? MR5_L\)7072FAW`%DI!);YB_W1&3@*-#,O$`Q9:P"`?#7JJG:&N`(?M;_#S27 M96+/PUD0N7,$<&M+A'R@BM*VLKV0K/YG0.A(94B\(\DS-O$:`@?)_% M,8IT@O=8XO6*LX,%NP:^*5JL]B!:`K/*S'\S,TA)Q=RI(!T*:`'E>%H'*%PY M3V!A=L1L#":RK0[C#1'I!<2B@SB@KQ,)J8]%SJ&(E^T_B51!0Y%>U-'K/#8& M$FF;56)I;V$@`)SI"YC^L`(G-E!UF0=H_&6#\?N8H;9T"C'0!B1];==54`7! M+NQ_'[V:;]PQF"F-4XB!1MA1?8W3_BGPT+^Y.S1G8R`+O?6\:#'>?&G_/9J' M"'7Q`UGA1V0I\$C6*ZUQS$!"+0LA/QPYFH[>>\%E6=`TU[NEP"-9[EB7P1A= MH>?'W@B0]@%^%'NQ?UF9NM!ZI\5T'15XJ"Q`<<=K'#.8J3TVA1@4,QYJNZX/ M5-![?6`P4QJG$`.-"$ZMZPW4Z* YUPQ)C:7FJ%`6"B%]#H)IBNK4:/I(TV MU>:(>;L=QH"W^@&N]H^X9@[Q_OD[/^L(39G8Y@0)7>1'9[>3H3$(/X@C][6; M34W-N&!NTYKP'4E)50DK8WLU"GAP"G2K9DS9H"5<.3`>C-93&%_TNM.]@.FA MQ3OR`_,=;815D0(HW5D$!QLW\X=YD*S5=]R629@;],\2YD0"EYD[`W#!F#P] MJ`FGFSS7_P$``/__`P!02P,$%``&``@````A`#.^YMJ4`P``2@P``!@```!X M;"]W;W)K$?/_V_.DS";1A5Q4\LI8$\4+9H!?'T6M+VYE-L:N9.KE5'_*9%F#Q4X4PKPW MIB0HL]770R45VQ4P[SALL0G#;K7,`, M,.V!XON$/-)52F%H(-(5_5D1;*VL2MR;P?;;/8]B4(P=/V\'PW0ZF MX//QX-#.HDG0$S-LLU;R',#V!$Y=,]SL=`6&M[,`TT?M(XH3\@#KE!`-2_&Z MB=;A*R0[:Q5;JX#/3D%=17I1X'H!0P<"4Q@/@F($P>5!LJV]T8\;>W&'BFFG M<$`@"WT0W!]3V)H?9P8'@:XW[UGG;@FM8M93S%U%^I'"(023/N''9"A.",R^ M6Y&%&W=K%7VR!U>1#A57=H<,*F`\&8I=LL]NW*U5],F6KB(=*NZ0+7Z&#,4N M&?4WNI7,FR*8T27UMYM]WD>_`P;5-#YE*/;`O/K:6DD_\(!M*+G#AB_*T8<# MBCVV:X79&K`2A\TKDW0HN<.V_!DV%'ML5UO+9B4.FUWQX"(]>6&J/[/X10KTZW+::/E_LE4QZ0W./#P_K M\7SV:._SQ7Y5X!L2=H##YY?L#H6?GT#9$$Q#OI327"VQ*NG\!FQ\```#__P,`4$L#!!0` M!@`(````(0`Z/T6Y[00``#,6```9````>&PO=V]R:W-H965TQG/7Q! M"?0<<1K[.?Q,3TIV29%_*`;%D:*K:E^)_3"1J8*=/J.!C\`SF%3K2YYI$R4D!I.CZ$L`*R[5**CA/Y5;-W(UF9 MCHO]^2]$MZSV7MVEU86REC M/KN]"K6J<-[QSBD]S4;`V42\^I0]4I^-,A`/>)RBN1F/2'LE8,ZA-EH,ZA' MOJ5SA";.E=.;E0V/T$.5W:MY$]%9PFD2O,CBCFCTM(QTPV`U7`K`*JOS8EC< M3)9M#'=D5FT,-U^OC>%BK=L8+M:FC3'9=6W;&"[6KHUYQ&+LAJ1E["89;,"E MIMMV,HJQG6^8\PT.W["@#8Q!)I?1[A/,\@EFU<)8W('QGF#63S";-L;B3'R" MV74SC(EPG_J&B604F,UD"'_5I0Q\5EG$+64N)!PAL1`2KI!8"HF5D/"$Q%I( M;(3$5DCLN@C&>'C$^(;Q9-1$AHM$9:IA<3>]&65@(A7#&R\D'"&QH,2PN(@/ M5?+')HHKE%@*B94HB">46`N)C2C(5BBQZR(8U_N!%PC`=J_*[C]>GKRZ_D`=\`KK>K]N-/HWP@A;1L$R^0B[>O]H5.MF M3";5#_X52OP`1D:Q)@^YYYD91>BU56_Q<%X'3*W%Y#I@#5M*I%^*@)4PAE>7@))/(\:Z#K1-8B.,L15)[#H`QNX19W=W+A.:M=GHS7(6S/7/M=L*%(TVUW-AAI#L]W3 M;"@1--NW4.MK:Y_I]JPUKF[#*UM3Q]%M>'.#=J6:*-3L+OX)[?ST%":9%*$C M+%'M#>#&E-*J'_V1XTM1(-KC'*IUQ=&ULE%C9CJ,X%'T?:?X!\=X!A^Q*TFJ6FFFI1QJ-9GFF MB).@`AP!5:GZ^[F7BPEV:(=Z*2KXW(//W;QLO[[GF?7&RRH5QV>)&( M0UJ<=O8_?S]]6=E651?E2G3FO+6`HJIU]KNO+ MQG&JY,SSN)J("R]@Y"C*/*[A9WERJDO)XT-CE&?.U'473AZGA4T,FW(,AS@> MTX2'(GG->5$32.VL'F/;;0PH*T.U6 MR8\[^QO;1&QE._MMXZ!_4WZM>O];U5EB=^;YS4]U.>=[2TF\Z7K,8!;S[RJGU*DM*WDM:I%_A^!6$M% M)-.6!)XM"9M^FL1K2>!Y(YFNYFR^^,149BT+/&\LG]4#RANGP/-&,G8J#GFX M"5@8U_%^6XJK!54`/JPN,=84VP"SC!3YM8O=ST(',4.2;\C2<$%4*LBWM[TW M76V=-\B1I,7XA%G:5H=9KE5(("&8$<@;RA8J3JEX!ZQ`_12")"]+W5(U&40FKVE9H5(A@52@_[ M\L7-PQ[3)`\T'H40TW46UCN38D+6B#0JJ'SO4]K@M MH)&N3:M7GS!+MQ&G"0]HT!#@T&0>FG58K?@DB@EJA!-S@TPW;5Q:E!T3>YK-E'1GM5 M(:[-H].1T4JN=I"%%KD69*BDX#$D'(!XWE+]5#0`NOE9U8EK]7B=M+*K.K4D M]!F!UDT$W(F6P$$[;'!#:&:(C`RJ.ERUQZNC-5Y5IZ]WC$"47P/JY+`A0R4$ M:_".(>H^,,2@J@,??D(=HK7JFVEMT6<$(G6>EL&!<33L1HA?8(2P9FVH/EXF+MUB(DV'"C#R\FM;MK^8K2.?FJMJL,UOZ?.O-@Q MVB&HJK36YK<@JCJVF&BK8:",#\@R[4+:X)D@JCQ<]'OR1@:/M@JJ3$V&STS[ MB6:>P6-(V$+:'8^K!SDR4JA2<2?0D_H@DK1O4"5J#=*'RPW,ST73/Y=L[KI: ME08*8K6:W2%"!;&,7;#P^F MU[VEFQF?;>`4#,<4[7V(-S8#[Z/I!LXI>/CM#.`BY1*?^!]Q>4J+RLKX$3[E M3I90="5=Q="/6ER:L^ZSJ.$*I?GW#%=F',[=$$W;.@I1RQ_X@>X2;O\_```` M__\#`%!+`P04``8`"````"$`'AALAAT$``"]$```&0```'AL+W=OLA%\.O"YB"5_KHR>JFL6I&E3D'ETL5EX19R71&;;UE!S\<,@2 M]L"3<\%*J9/4+(\ES%^F*N'X^5U\37E20XBG+,_FFDA*G2+;? MCB6OXZ<<=+_Z89R\YU9?!NF++*FYX`?I0CI/3W2H>>-M/,BTWZ49*,!E=VIV MB,B=O[T/*/'V.[5`OS)V$9W/CCCQRU]UEOZ3E0Q6&^J$%7CB_!FAWU(,P6!O M,/I15>!'[:3L$)]S^2^__,VRXTE"N9>@"(5MT[<')A)844CCTB5F2G@.$X!7 MI\AP:\"*Q*_J_9*E\A01&KHA7:YO?,`[3TS(QPQS$BD!#[$,M[O:GYQ8-<`I:ABW(/^%A+;%8$4Q-XA.")K MXL!D+3.P36=&,#+CVN)4[G6@2T/M M-,$<&@1'!%[;R=/@ILVKF34F[&"6+:(G$"#3!2(8:@"R.M3FVFK0!&K85-.I M$:RHV\75D5#U1+=DJSEI$=Q/JR-!?_]L[(L'H.D*$-RGTI&A`G3DSG97C4QO ML&NO;'T/BH6+NQJ-GW:S[L,P7TJ'1FJ\<')!G+6FPERU,@^21,R M!(TTKX]MWEG(SQ4IM,&F?<*BR?`%5:)IFAI/4`>![E7L)UA+0].(4_BSK$*A M#4WOUH!G2;=O?,,*4!/=0/#*LNE^!Q%M9ZI,`T&!?=?A$36C2$,?4`DB8BF2 MX00H*%QL7`A?D31T!;^QA7XCA2.29OF"/S2&)F21A/WTDK:"'I5 MTB%CVXT<$_XL)SK('A3;8QNR!6NQA M%;I7_5N-,SBLYO!QYO9:F,XR!X4VV,;,@5K,89*BH3NH5`-W^'B`Z2N:Y0YX M0AJG4A,:MA*UN,,D14-S4*D&BD:>&>@L` M"^#`P#<@\_,2J5$&@\T7EN9#@[XLZKM4P>HC^Y/EN7`2?L:+((7;41MM+ZEW MZB0WX^'V3E]>O?87N#Q6\9%]C^MC5@HG9P?(N7#74)Y:7S_U%\DKF#O<(+F$ M6Z/Z>(*_"1C>[.OL=X??-2Y,$S%9+Q+B21XH50$@E'(3'I2J5G$LTP,MB(QX14OX9\=%010\BGTL M*T%)9H**/,:3R3PN""M#B[`28S#X;L=2>L_38T%+94$$S8F"_.6!5?*,5J1C MX`HBGH[556<[4JP$-@R)=?=Z77)#''.I^05.2GK'-0P>^8*G@DN]4 M!'"Q3;1;\S)>QH"T76<,*M!M#P3=;<);M+K#LS#>KDV#?C%ZDJW?@3SPTT?! MLB^LI-!M6">]`H^RA0Z"C"132/E.20`GT'!]-:`CI`7\WUBF3ILP@1%^'J&9G/P#QZI M5`],8X9!>I2*%[^M%])9-2BX1H'O,\H\FBTF";H,$MN,3('W1)'M6O!3`+L& M*&5%]!Y$*P#NKPB2T+ZWVGD3+L(`EIQ`G9N0N[%L=Z-+6%F?_H&4_K5;QUHB,I]6!+FUM<6CQ MI)]VV4.+%A%TZM]#JN-K-6$>K48"DTN;]'=93YQ/B\>TV01ZQ+4HN<33`6)/F,R9,H70"VVV M\@/LS;2BVN32#H@2>I,J&6^O2"M"[L3BOR+IB(,^)#O=G4*^%XK481YM;7*+ M'-`DY(G2^)$UD1YS+5HN\X!$(4^C+M39%28#``F8H\[MY7_K$.H*T=GD%C4@ M@*A/BD8)KXGTVMFG1LF`!N(>-<*7]X\)KB?28^Q0I&1!"["F2&=91S;9* MU)9"@]5I]H`4ZK=F?Y41FET^84V@5W&?/"6^*MH+AGW_+JC8TP\TSV60\J.^ M/&!XHVZLS<7FUBB];Y^N;B$+.`+BYA^X<%1D3[\2L6>E#'*Z`\Q)M(#,A+VR MV`?%*\@=;AU76H)`JW:J[E;;2:K679\<8L`H8V4[3_OW. MX`1!DF[I"X3A^)PY,_:0UV MBH^AJYA^VC577%4-4&QE*>UK2TI)Q>.'O%::;4OP_1).&3]RMP]G])7D6AF5 M60_H?)?HN>>EO_2!:;U*)3C`LA,MLH1NPO@V#*F_7K4%^B/%WO1^$U.H_5A;.YH`G6V'L MO41.2OC.6%7]=:C64L<2'5C@?F29>[-%,`G?)_%=1JW!.V;9>J75GL"N`4G3 M,-R#80S$EQV!%<1N$)S0!260JX$V/*^C8+[RGZ%T_("Y=1BX=IBP0_@@VBF# MVGAE!*,RUA93N76!ODQT66;R$1D$0W-ZR4?!HN-UR@XS[6%F'6)@$"#C#2(8 M>@"VNKJ=U]:!1DC#IAHOC>!6NBON(0+GI)?,]667\X]((7@HY2(34.Q)+2]+ MP<;KN\)3.`GFW@(6_W_?XL*A["$RV#]A<%D6I_CH(X+@H92+#!V&;YR)Y5"J M=1@NO7<-XKJAZB$R-/C&$0FAT>,=MNBAV"%TXG%RN9PPJ`=JHTVV"T^$D0M" M0YO3$V$WU]W8JX3.Q1=1EH9PM<.9'<$@ZZ+=]V03X:PYC4_C#6C!"[][`W.^ M8;EX9#J7M2&ER(`S:#>E=E\*]V!5`XG"L%<6!GS[LX`ONH!A%F"#,Z7L\0$% MNO\(ZW\```#__P,`4$L#!!0`!@`(````(0#JO8)1.14``/6%```8````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`GUR;VNRX MT9S(^Y'D9P.)C""FED^FF@^G\D%DC'B1T>_/CY/%_/W9GS)BW;4Q-P,Q.F)E M(\SP9*I=N^"YX+L0N!"Z$+D0NY"XD+J0N9"[4+A0NE"Y4/?@3-*SSY%TH_]$ MCDPU)D?VZ-Y8Z)(V=1)B(VR1M0N>"[X+@0NA"Y$+L0N)"ZD+F0NY"X4+I0N5 M"W4/5$)D97^D,W#0Q4QE=]CUKH4-6^Y!]EB`>Q(<$D!`2 M06)(`DDA&22'%)`24D'JOJBDR67A/Y$T4XT,EG)J[!/"H:X)&LW:/F2?-8@' M\2$!)(1$D!B20%)(!LDA!:2$5)"Z+RIK-S&1H M[:7+[4'[(%ML#?$@/B2`A)`($D,22`K)(#FD@)20"E+W1>5"!J$C5"[E'/B(7)EKG MHI%^)X"L(1[$AP20$!)!8D@"22$9)(<4D!)20>J^J`,OTU]UX,U,9;IX)Z/5 MD7,54Y'.22,SN77H720NG/ZQ#]KW#X@'\2$!)(1$D!B20%)(!LDA!:2$5)"Z M+RI-9JE!Y6G\BKT+U]EHJ=]%2&N21_))`2DD1:28E)!24D;*206I)%6D6I'. MA9E1]F?W;^2BF8#*O:T]Q6_,ZH]T%N?2<>ETC2[*%ER3/))/"D@A*2+%I(24 MDC)23BI():DBU8IT>LS\\HCT---1E9Z&5%_@QUMT*_,M][Z-ZS)GDDGQ200E)$BDD)*25EI)Q4D$I2 M1:H5Z5R8^64_%[\\FS'?'KD7G';RJN8SRXG;B_91MLNLV[K4!0=1/J,"4DB* M2#$I(:6DC)23"E))JDBU(ITY,T'M9^Z-"TXSGU6]J#_%;7L1:&V^C-,=RR/Y MI(`4DB)23$I(*2DCY:2"5)(J4JU(Y\+,0H_(13-I5;EHY['Z@N-^#3;91W5= M!>0QRB<%I)`4D6)20DI)&2DG%:225)%J12H]T^.6`G;A>BF@I=[,945:DSR2 M3PI((2DBQ:2$E)(R4DXJ2"6I(M6*="[!CIWB3+E,T)*>XBQG MSA6GB]IW(Y)'\DD!*21%I)B4D%)21LI)!:DD5:1:D4Z=F;X?/LI-F]E^?Y1K M276C)JI':T9Y))\4D$)21(I)"2DE9:2<5)!*4D6J%>E<#"T3_-(J])0+!2TY MO1>C6C[^7Y_ MH<#]7M][RO_COJV9RJMN MM)_=][N1^V3`=!_577%`'J-\4D`*21$I)B6DE)21SX7I1DMYVEJN$$=^PS-M9OXJ3^UB@%YPK!BL&JC>AUK3?)(/BD@A:2(%),2 M4DK*2#FI()6DBE0KTKEP%Q'&;PQ,AW!ST4[X)26][TG=1PK:@K(C75?9%[3D M,M%,RX4M!2KU^L2&N21_))`2DD M1:28E)!24D;*206I)%6D6I'.A9G!N_=MOW;!:=8"^K=MLW9Y0/I$UXLNW*<- MNBC;9=8DC^23`E)(BD@Q*2&EI(R4DPI22:I(M2*=N>,6$69<1&A)]2(N(C#* M(_FD@!22(E),2D@I*2/EI()4DBI2K4CGPLS6^[WHC0M.,[E7764_W^]W%?>1 M@MD^JNLJ((]1/BD@A:2(%),24DK*2#FI()6DBE0KTNDY;J%@QH6"EE17P:K` MFE$>R2<%I)`4D6)20DI)&2DG%:225)%J13H70PL%D\5NH>"-7L-U@5F[+C#? MWX"M2&N21_))`2DD1:28E)!24D;*206I)%6D6I%*R_RX18!=N%X$:*G?14AK MDD?R20$I)$6DF)204E)&RDD%J215I%J1SH6["##>+^:N88YY_2^)=4_]C/^_D7? M>3AJ;0O*A;YW%^T\^^%U4?;6P"<%I)`4D6)+W;)X0DHMZ5UUOC7,NBB[JSFI M()6DBE1;VNVJSJZ9G/=OTYKL[JX]K]_N[WZ_V9IT#_XNCIG\THWF5W',FRE^ M_^ZM)97;)JI':QLE-PZ]1#J/'WA=E#TZ/BD@A:2(%%OJ)Q*[FMJHT5W-NBB[ MJSFI()6DBE1;&DBDNX+P:XGDPL*\H?[`::6?,W31)DC6V,UO9IF>3Y#4?8`] M4CZ:"B!A*UV]3J^/N@!;;XQ:$DC:%1O>WZP+L/7FJ*6`E%VQMEYG?ZLNP-9; M]VO1O=5=FGCC,LCUAWE+[<&8Y6-DI2U$5=(,5M73K*^2;7LW5)<*\N MYXLJWT;)9+L7Y2S$!S:J.QG#COH%G9V(;)3>"6?Q,K91HSN1V*AN)]*.1G8B MLU%J)RZ=M9_<1HWN1&&CNITH.QK9B2-L]*$ M.S?*+76_*&@U;TB^%[+=8DWR2#XI((6DB!23$E)*RD@YJ2"5I(I4*]*Y,&L? M[O7&;MIW_BO7'"F7!G$&BI/P@TI`8!D#<'^:2` M%)(B4DQ*2"DI(^6D@E22*E*M2.=B:$'I@$&`JTGSEM3MPJ5S\5[9J#>&@;8N M'>6<;9ZM2U^?G([NVRBY2(P-!_L6;;\(;<'1G8ALE-X)W"ZTU8_N1&+KZJ[4 M:4?]O7>.1&:CU$YQ$9:/T3N!VX8V=4&?GXKAUM5VX M'BDL]4:*EOHC!B;B-Y`X%09H,H0 M$CF-7%Q-G$;B\4825)E",J>1R^F%3CS=2H,H24CF-7%PLG9&K_FDC^N0P M:W&'7](7S=)=_Q[2DKI\7#D?>66CWC@MVNJ[(QI)P[JM2UXCM'GP2+YML:L^((4L&)%B%DQ(*0MFI)P% M"U+)@A6I5@5U>N3.2:6GN<(>N<"^,+4X66M)]90KYR9RU18T;Q?^O#^M;?7] ML;6I7EYNVZU;#EUSVQW0M[^X]+;U=`\$AFPMLKO9MC9T\3VDM<36T[66LK7, M1MG/-G`5/J2UPM;3M5:RMSBY'C=1LG+=]TXT-35([^KRT8%I)!U1:28!1-2RH(9*6?! M@E2R8$6J54&=-K,T-9:V@[YH6S0+7.H>JR'5P<_=&7I;SKQ_-S8,-%7)V-\+ M?>.A]OO&#CY2&-5T.-R]^[T;_NH/YIX_I<-`MF8^?B@4-(L^ZF3L:6^D/( MGOHG!(:0)JHW7G@+D-^2_*8<>]H$I)`%(U+,@@DI9<&,E+-@02I9L"+5JJ!. MFUEE&4O;84-(NU;37;1N%BVI6XESIU>MVJBW;B7:ND;[L6=;5.,1!Y&V+KF6 MC(TE393LESTI0EO]Z$Y$-DKOA/.Q8QLUNA-)&]7;B=06'-V)S$;IG<"@BAXTQNVKT;8JE;A!8==0_4=PQ MIHWJCS$DOZO+GDX!*63!B!2S8$)*63`CY2Q8D$H6K$BU*JC3YBX(CL\FEUP( M;,F\Z[+OM/+XA[Y0K;HH>Y37)(_DDP)22(I(,2DAI:2,E),*4DFJ2+4BG1ZS M"-:_!+R1'A/N])Z&>@]AK9:@-8SR20$I)$6DF)204E)&RDD%J215 MI%J13H]<\HY)CPEWTM.0ZBJ@]1+DD7Q20`I)$2DF):24E)%R4D$J216I5J1S M(3<6Q^3"A#NY:,BYJKC?)"SW45U7`7F,\DD!*21%I)B4D%)21LI)!:DD5:1: MD4Z/6:PYXJK2K.WTYWW+AE17`:T9Y9%\4D`*21$I)B6DE)21ZCNJX"\ACEDP)22(I(,2DAI:2,E),*4DFJ M2+4BG1ZS*'%$>MK%CVYN>K-LES6ZI\U7I#7)(_FD@!22(E),2D@I*2/EI()4 MDBI2K4CGPLQ'^[DP4\Q?>E%[V32Z:O^O=_&7>Q\WSU\UJ\_#PZ+"_GB;\_-'Q2_65YE1S8,I4R\F;, MP):9E&D>CL/GD6,MO\-GJ(P6B+ ME&D6Y=S:IG*LY3NKH3)RK)N3&67D6,LOR!LJ(\=:?EW;P):)E&F^5'!KFT@9 M>29]J(P<:_D]Y`-;IG*LY?F6H2URK)NG)=QVIG*LF\5C=\M$RLC?FS=9N6_R(J9L&3IH\IJKU#:T93V?7WOR5AUKD_<)K\TK@]PB M;P1>FY?^N$7>Z9,]&-IR(WMP,[@'*]FR&MPB+S/+'@Q]4GD[5K8,?1YY]UB. M]=`6>07Y.FFVG.U'A9>/[[_??MUDM\]?[Y]>3AXV7^0"?[Y[!.GY_JNY:V[^ MY[5]OK]E%NN$Y/OFUN/V^>38"LHWS9;E_M_\AA.?NQ??[]Y=MF\_KQ MWP(```#__P,`4$L#!!0`!@`(````(0!4*W*ZKP(``!@'```8````>&PO=V]R M:W-H965T&ULE%5;;YLP%'Z?M/]@^;T8".2"0JIT5;=*JS1- MNSP[QH!5C)'M-.V_WS&FE+19E[T8?/C\?>?B.?/VXNEA@92]N"-JKE.7[B!E]N/GY8'Y2^-S7G%@%#:W)<6]MEA!A6 MPI=2:4DM;'5%3*BF85D:5-@`ZXAU]&_.*K`@P;=:%@`AG;_H"?-.HX"7=-_:[ M.GSAHJHM5#N%@%Q<6?%TS0V#A`)-$*>.B:D&'(`52>%N!B2$/O;/@RALG>-X M$2S3-)DO%T"SX\;>",>)$=L;J^1OCXH&+L\2#RSP'%AF\R!=A+,(1/]!0KQ' M?8#7U-+-6JL#@DL#DJ:C[@I&&1"?C@A"<=BM`^=X@1'X:J`*#YLH6:[)`Z2. M#9@KCX'U!3,B"(B.RJ!VOK(#.V676^?*E3=,9>+3,K/_D7'@',/ZXGRR&GF] MLL`5I>5_3G3K6'"S'FG^Y M1VZ43QJE'P$K*-?[FN[4L>9@.=:B^,`!PJ91]WH`P&?]IFS\```#__P,`4$L#!!0`!@`(````(0#Z M`6>(A0<``(&PO=V]R:W-H965T&ULG%K;CMI( M$'U?:?\!\0ZX+S9F-$P4.\KN2KO2:K679P^8P0I@9'LRR=]OMZOL[BH#8Y*' M9$B=+I^NVVG3\_CAV_$P^9I7=5&>UE,Q#Z:3_+0IM\7I93W]Y^_/LW@ZJ9OL MM,T.Y2E?3[_G]?3#T\\_/;Z5U9=ZG^?-Q'@XU>OIOFG.#XM%O=GGQZR>E^?\ M9"R[LCIFC?E8O2SJLQ/ M#3BI\D/6&/[UOCC7G;?C9HR[8U9]>3W/-N7Q;%P\%X>B^=XZG4Z.FX??7DYE ME3T?S+Z_"9UM.M_MAX'[8[&IRKK<-7/C;@%$AWM>+58+X^GI<5N8'=BP3ZI\ MMYY^%`^I7DT73X]M@/XM\K?:^WE2[\NW7ZIB^WMQRDVT39YL!I[+\HN%_K:U M_V46+P:K/[<9^+.:;/-=]GIH_BK??LV+EWUCTAV:'=F-/6R_?\KKC8FH<3.7 MH?6T*0^&@/E[!$@8^><[KYG-A74XGF]>Z M*8__`4B@*W`BT8DR[-$NYS(.11B][V4!C-H-?LJ:[.FQ*M\FIFK,,^MS9FM0 M/!C/W[1./EHOK2^SB]KDY^N3$/)Q\=7$=(.8!##+Z<1A*"+M M$#85AE[/T>R<CWU&RBR@EN:3/2RY`*"(=(N*@AQ".)G8^Q]O<+-C4 M@!\*H7J_;4@3P&@/$U)$>@M!N!DGX[E9\'IJ-N[2%+`G)X")VT3/9"`E`Z0$ M(+0(5CUWPLQ4O\_,5I^^VE==9NTB'CW=^X?H`<;0Z'?!*=Y"$(X1Y7@[LQ9, MH[<2C!I`HC9X*HP"5I4IL2L1N\(@M$PC\="]WQ1V$:4G!`M,`AC=\ENM7.+: MP*:^-9:NQPDWJWMLJ+S/S2[BW"(6.\`@-^_IP(U8EW&_EG!;46ZWTVG!E%/H MM@R5!A"@%`6L#E/?.E/:F0DG8::9'[#;I%HT924$JZ($0;:VA_?(>*$<[J.^N.`'CG7!D'!+$`,>9 M"`4#I`@80](.;(_D.UF&\>Z3$V(0P4X#0'+[BH=^$+YUY@DRC9VA[M.R0WA$ M?NTJ7H0L-HD`$#3'3'@5A@2)?>FZG1*THWI\W&"PD[A))]I8>=WTMW$+>?.D M]FQG-@>\E7*K*:^[E$%&(PP@DQ%I*D]=@]6 MH@\LQM`K"4KP+D&00T$(V5A($`.U-CCDI<0\\X8AI?5#"((;?/@`( M^U$HM6)5F:(;1*SB^(K>V]/:^(YMT7S(.<_0$`CJR.G0_*&Y3RDD5,MK8JKN M$H<6S>FQ698@"/J"AXT8O2,S2:BRHW[TE&O1C)1W+,2869?=F).AVE-T M,J+:%-.&<9.N7<5).O5!DKY("*\=D:-O7ET1565G_OC8632GQ6*3M"Z[V)G7 MK$@)QCRED$B%PB6>II;IQ.W#B(+13V:)=_["J'7Z`"*.5SAM4.Z9C(QCF&[BKZ&`C"1YNQYQZ-P0,O M7?9CU_N4V@]IAH9Y3RFZ]&#P``04A0JU8H@4W0!"A=+;)25YEW+H"\KAO1P@ M.0`A.6UF!SNGH!>(GW252XDQS1A9>B`+-'IL@"3V0J,_%@@5#82-`N*EU_^4 M(].-D1POZ,?@U5$3_5C&@AVF4P(0\3)R4:8<[Y(/#\>LG3_'"H)YORU=YU"W-#U/\OW,,GYAZ^ MO;1>]`9S#7[.7O(_LNJE.-630[XS2X/YTC1%!1?I\*$IS^UM[7/9F`OP]L>] M^86'W-PN!W,#WI5ETWVP]\/]KU`\_0\``/__`P!02P,$%``&``@````A`/I[ MSH[I`P``VPT``!D```!X;"]W;W)K&ULG%?;CJ,X M$'U?:?\!\=X!Z4M+UB]TLG,U#5:9RPOZMU*__7S^6FN:[Q+ZSPM64U7 M^COE^J?UGW\LCZQ]X7M*.PT8:K[2]UW7+`R#9WM:I7S&&EJ#9_9 M\4M;Y'\5-85H0YY$!C:,O0CHMUR\`F=CXOW<9^![J^5TFQ[*[@<[?J7%;M]! MNEU0)(0M\O>8\@PB"C0SRQ5,&2MA`_"I584H#8A(^M9_'XN\VZ]TVYNYOFD3 M@&L;RKOG0E#J6G;@':O^E2!RHI(DUHD$/$XDQ)I9XWGT60^ZH%QBG7;I> MMNRH0=7`FKQ)10V2!3`/RN0^SEJO206-@N2S8.FY0`6'_+RN;<==&J\0T^R$ M"27&U[4SQ@]42#1`1`0%;SR\N/@0U249$")](.FL"Z*%==F0]X\S-L@03JH, M?ZZN%TXAEHJ(IHBYJ4+B*021)%/$B$01:JM";PL48"B^40Z(@Y(02HPSPJ!, M1G<1\5U$<@NAZ(.-C!-Y6Y\`KW0(WKG&B(EV'TK,O*_2)]=WD?Y(L0>!9Z/D M*7;+M"RT0*(`B$/,RPJ*,CAN8V7BZ-TO4>&$%,Y1\802XTB%Q$$"(L5LCW8G MSYQB=@GR3A2SXUS.HZ+-^S_:A!/6YJO1#R5FR)Y'/-4>*?;`]G3S@AA3C^H<1X??:LN>U?(MSG)U+L?D"0/5;L<\O' M"53LON]=J4XQNXPNAMOG3H!17PG0NJ'$P.$XGTUT<**[B/@N(KF%4/(7_(X^ M`49Y"U!EA1(C3QUJ^-$-6WS#EGQL4W00N-7&B7JLC?1>2!%!NPY/H.NEJ`(^ MJ$45\$$QJH#KU4C$/?]P.?9HI,[$G>0$"F2;A,E-[101MMNH7&,,0`LDV#ZZ M:=4,BLO^<6UR-%#ON$N/ZGM$",.P*-CKVI!]J@T!)MJ0?:)-SM)RU*QHNZ,1 M+4NN9>P@YF0+@GY^*V?XD"Q@_H,Q#KV/Q6S?3^=G`XS63;JC?Z?MKJBY5M(M M4)HS'ZZF5@[G\J%C33_-;5@'0W7_M]=>X`@``?P<``!D```!X;"]W;W)K&ULE%5=;YLP%'V?M/]@^;TX(2$)**1*5W6KM$G3M(]G M!PQ8!8QLIVG__>[%%$&:K?2%C\OQ.?=<^UZVUT]521Z%-E+5,9U[,TI$G:A4 MUGE,?_V\N]I08BRO4UZJ6L3T61AZO?OX87M2^L$40E@"#+6):6%M$S%FDD)4 MW'BJ$35\R92NN(57G3/3:,'3=E%5,G\V6[&*RYHZADA/X5!9)A-QJY)C)6KK M2+0HN87\32$;\\)6)5/H*JX?CLU5HJH&*`ZRE/:Y):6D2J+[O%::'TKP_31? M\N2%NWUY15_)1"NC,NL!'7.)OO83S*U!:[V M-D&P7&W60',0QMY)Y*0D.1JKJC\=JN-R+'['`O>.9;'R@O5L,0?1-TB8RZ@U M>,LMWVVU.A$X-"!I&HY'P3'=$T)Y&I@%QYW?K#8LD=ANC2"6^F^N%T$^F20S#]"QE(LL0'$@M;I<4#AX0U=M%ZY#;+DWSBTN',MVD='Y"=:797&(3VX1!(^E M7.3,X>:R5#B60H?+6>A!D?[?F+ANK-I%Q@;#,U4W\-P\J(3.Q2=1EH8DZHC# MS(<.[Z/]G-W[V(3G\66T;^&PO=V]R:W-H965TZC#$K:E#<1KJ#%K^4VBCN\&@J9CL# MO.@OJ8:E<3QEBLN6!H;,7,.ARU(*6&NQ4]"Z0&*@X0[SM[7L[`N;$M?0*6X> M=]V-T*I#BJULI'ON22E1(KNO6FWXML&ZGY(Q%R_<_>&"7DEAM-6EBY".A40O M:YZS.4.FY:*06(&WG1@H<[I*LKLI9'JG(ZFT606CQ*$DRU8MY&>DA*QLTZK M7P&4]$D%KCZU-7=\N3#Z0+#=B+8=]\.39$C\=BZ8A,>N/#BG,TI0QJ)_^V4Z MCQ=LCT6+(^8N8/`Y8)(!P5!T4$:UZY4]V"M[5WPJ=R%P*I.^+3,ZE_&FC[!U M_R[47T+<21'I_$\9(8.`&9]@)F]G@)#K"_5@[`66-_AWZ7$`72&-GDOUPSV;^TG^C]?^XKGL,7+6W/GHE;EAS<(L*S`5?(2F ML43HG5^A%*=SB`[;O4K]`+V.C[-5O_5L^(!;U_$*'KBI9&M)`R52QM$,:S%A M;\/!Z0XSQ]W3#O>M?ZWQ]PHXH'&$X%)K]W)`83;\L)>_`0``__\#`%!+`P04 M``8`"````"$`<_1^`/L"``#M"```&0```'AL+W=O4 M6,?KC%>Z%@E]$I9>K3Y^6&ZUN;>E$(X`0VT36CK7+(+`IJ50W(YT(VIXDFNC MN(-;4P2V,8)G;9"J@B@,IX'BLJ;(L##G<.@\EZFXU>E&B=HAB1$5=Y"_+65C MG]E4>@Z=XN9^TURD6C5`L9:5=$\M*24J77PM:FWXN@+?CVS,TV?N]N:(7LG4 M:*MS-P*Z`!,]]CP/Y@$PK9:9!`>^[,2(/*'7;''#(AJLEFV!_DBQM7O_B2WU M]K.1V3=9"Z@V],EW8*WUO8=^S?P2!`='T7=M!WX8DHF<;RKW4V^_"%F4#MH] M`4?>V")[NA4VA8H"S2B:>*945Y``_!(E_6A`1?AC>]W*S)4)C:>CR2R,&<#) M6EAW)STE)>G&.JW^(HAU5$@2=21P[4BB\5O!`2;2^KKECJ^61F\)#`M(V8;[ MT6,+(#QM!!QX[+4')W1&">1HH?H/JYA-E\$#5"SM,#>(@=\>$_6(`$1[95`[ M7]F#O;(OJ4_E!A?V96(V.RT4OT?(@P="N#`4NCPM!%TXWY$'#X1P82@T/RT$ MLW*^D`L1@ M2F#8]JWZ#&)X;5_/P`,D'_``Z;AA?B.S>%K"VI1`ZA MX6@&+ZW!XPIOG&[:O7^M'1PS[=\2/BL$;*WA","YUN[YQA^(_8?*ZA\```#_ M_P,`4$L#!!0`!@`(````(0`GGCJ'\@<``#\D```9````>&PO=V]R:W-H965T MD]O),%",5 M%0O(R3G??GN`F6&Z"=&JO$3SXS_=/=,SPS3X^./7^53[Z4=Q$%Z&=:W1JM?\ MRR[_OSC\2.,WN*C[R'?VS%S?"JW^!*XF;!B&ZQ$1X.P]';^_6O77B^ M@HF7X!0DOU.C]=IY9]BOES#R7D[0[U]:Q]MQV^D_Q/PYV$5A'!Z2!IAK9H'2 M/@^:@R98>GK;38SI`_P;^1USX7HN/X<6`9>PO"-2>T]0]"X25I;:0:X^3\/Q?)M)84,*(GAN!3V&DLD$[;P"?>0.]T=-:@W8/G%8X MZN3MX%.TZS\\=+K]+QJ"V;2;\)DWU+2&UFEU62\K'';S=CW1[K9`87FE_N#S MOD`'>4/XO"M0#69.EDA(E7!YRYAJ/'OLBVAYTZAJ/(_LRWWA\DRRN2J#[9%^&T(MQFMLS256MZB??T&(4?-=@*(3OQ MU6,;JV8P8WR]9G-0K.#/%C`L.F;EF9D9UJ$;L#9CV'5^/K6USF/S)^P4NUPS MHAI-58RY@JUE9M;$8(*!A<$4@QD&-@9S#!88+#%88;#&8(.!@\$6`[<`FI`> MD2-8!]^1(V:&Y8B/[H@#F30=)80K>!,3@PD&%@93#&88V!C,,5A@L,1@A<$: M@PT&#@9;#-P"4!("N\MW)(29@?M;8='H@P(E86DHR%1&2)D`DA M%B%30F:$V(3,"5D0LB1D10+2%ND2@##SO.'0//U.K`9Z0+1PJQ3O1!3]W=QD+$LV,2,B'$(F1*R(P0 MFY`Y(0M"EH2L"%D3LB'$(61+B%LD2B[@7'5'+IA:S45&BHN`$).0"2$6(5-" M9H38A,P)61"R)&1%R)J0#2$.(5M"W")1!AYFKS+PV>FXP8J[ZHV(-51SD)'N M0&Y$A)B$3`BQ")D2,B/$)F1.R(*0)2$K0M:$;`AQ"-D2XA:)D@.H/)4<5`\\ M4ZL#GY&.''<,3`PF&%@83#&886!C,,=@@<$2@Q4&:PPV&#@8;#%P"T`99U:Q M*P-=F.S),=B]C4+8R:%&*4E`&TJ^O!!D5M0$I(:']4(&!)'W!JV':@\S%^G] MM)S46[B>G$@!OWM8%$TIFE%D4S3/D0Q[(4A%V$MIB57!$'9;O>>MI("'O:9H M0Y%#T98B-T=IV&I^67GY':5^5J;""9C'/](R5+S!2%0Q6&:NZL*=KW!*Z*LC M-I$J[M'B2%:S4XFD+3*K9EQ5]-ANM52/ME1QC_,<%?JXD*C"XU+:DBI]@/JX MDBKN<W1SE/51G3RL%*:3)[T3WK$Y9`6U,G4R M5!C6,:NM8`LI(),CN$D4YLE`S=I$JGB/+([D^7]*T8RCOIC2-D5SCJ2M!45+ MCBI#74D5#W7-D32_H)PC M]FR5[?#P(7+11@MHS$50UPD1F:AFN:J+TYHYU-E-!G;47E]#"HO;*4YXXFW* M594QSU4QK3AJLJ8 MG'(5BFG[94PNM_-93.KLA9CNF;U,C@XC&8(M1LS+-AJFL99IX*_0D-ED"A%? M&).<:(-TGFH:O`529[+%%)^;G`J3%:*9$'&_]I=^Y]5^%\)DA=^E$'&_*^)7 M1X_!UM5^-\)DA5]'B+C?[9=^W4_]JI.)/?NX8RO,'I4H6V&.U*V03*=<59E\ MD[UX8G-5GC&>C(ML5;?;9ZTD/YE*LJ(YA)%1]J&T4`9W!\3)_S M5I41++BJ,H*E5/$(5FH$G=Y`'Z#W2FO>JC*"#5=51N!(%8]@BR)X&/1::%VS M%^II[CZ+()MVV3OS[.W;V8]>_;%_.L6U7?C.WH?K/=@V!,Y>UH_Z!M3%$`GB M<%"#M_CI/1E=@=?[SV5\Q!J46!KI!KSEH!Y&;0.>I%/^W#&>H;?TPJACP$/< M$OY@P#/&$MXUW/1T@CHPZAGP.(;JX;!ML.,6O0(';(,=G\NNZ'"EK`V@5*%4-5D'2*U`-0INR*U`S&:-2:V.XPL[`U!J4 M2P8KALJNZ'"EK`U42@8[!=,V4#`9[#!,KT"1!/TINP)5D,'.P="F*1('/]^X M>J_^RHM>@TM<._D'F,ZMM#2(LA^`9/\DX17V-_@11YC`#S?2KT?XH8X/+WI; M#5A!AS!,^#_,@?CIS]/_````__\#`%!+`P04``8`"````"$`QFB=K10/``#0 M50``&0```'AL+W=O'S>/Z]=O'\TGH_^_V_&RW7[X^ M+I\WKZN/YW^O=N=_?/KO?S[\W&R_[YY6J_V9M/"Z^WC^M-^_>9>7NX>GU.ATLOS9?'JZN;R9;E^/8];\+;O:6/S M]>OZ857;//QX6;WNXT:VJ^?E7L:_>UJ_[71K+P_O:>YEN?W^X^U_#YN7-VGB MR_IYO?_[T.CYVM)K8$OF\UW%=IZ5"25+U';/ZR!P?;L-Y/]K\ M;*[6WY[VLKJOY1>I'^8]_EU;[1YDB4HS%\5KU=+#YED&(/\]>UFKU)`ELOSK M\/^?Z\?]T\?STLW%=>6J5)#PLR^KW=Y?JR;/SQY^[/:;EVD<=/A%22/%8R/R M_XQ&+V^KI\!8\;U=WAUK MRO]/Z[(@:S5>R&8!O;?3@EY$ZH\3NY6E&GNU:).1_7':=T6DR0\/9E4JL=#/CF=BCJ?U!_O^[67\29XV*)KR_WR MTX?MYN>9[";E-^_>EFJG6_!4#9.O^U<8M6[5JY;-JYN.YK#?9;G>R M1_KS4_'FZL/EG[(7>3C&W#.F8$=4=83:9:AF:R[47?!=:+C0=*'E0MN%C@M= M%P(7>B[T71BX,'1AY,+8A="%B0N1"U,79B[,75BDX%+2),D5R?9_(U=4,RI7 M]%J^UY!*'B9ZA:D#O$A#4@3TH*T(1U(%Q)`>I`^9``90D:0,22$3"`19`J9 M0>:015JLG)$C)G)&G42>>.!1S>>*@W"Q*0I(L@M0A/J0!:4): MD#:D`^E"`D@/TH<,($/("#*&A)`))(),(3/('+)(BY5%DC!6%N7O<53T(5GT M2KZ/Y5J.>*GT*3I[F"1(5ZM!ZA`?TH`T(2U(&]*!="$!I`?I0P:0(60$&4-" MR`020::0&60.6:3%R@TY:)R0&RK:SHU8KNU=2\G)C20HR0U('>)#&I`FI`5I M0SJ0+B2`]"!]R``RA(P@8T@(F4`BR!0R@\PAB[18N2%7*E9NJ,N>XO6%Y-*) MQQ_5D)TVL3AI4W;2)@E*T@92A_B0!J0):4':D`ZD"PD@/4@?,H`,(2/(&!)" M)I`(,H7,('/((BU6VJ@9S/35D!R'<#L[CN2D1\5)#Q.5Y`>I3O))#5*3U"*U21U2EQ20 M>J0^:4`:DD:D,2DD34@1:4J:D>:DA45VVJB9N/3Q)IZ=O5#W*?(//85X#D^N MBW4BW!^I5$ZH2JJ1ZB2?U"`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`4T>54KN\XYAD+VJ:OW..#VU3,17EGJ5T=%3N(+HF2B^% M0--Q*92P%'HZ(GFIF>`3-KUXXMC:]&)23T,D MJ5FL."=+5?7H6WR19:*P?=2RHYPC5?T85;XY;(V5"^=TUS^6EV2;24:$OAK9 M?3DGLLWLMIP1M?2(Y$>:'KEYQLL@?UR==XVKFQWEC"O0XXJ7U,U%V5DMO6-` M_I#ZV9TYBVJ0W98SI*$>4NZB&F6WY?0X?M>XPNPH9UP3/:YX4=U>E)W3K^A= M0YIF=^8,?)8=Y0QI_KLA+7XW)'M+5_/Z)VSI\6T`:TL_WAF0^9(DRXL5YTR_ M6DBB]"ZK1JJ3?%*#U"2U2&U2A]0E!:0>J4\:D(:D$6E,"DD34D2:DF:D.6EA MD9TV*TJ429NDHJ8ZHWQ2@]0DM4AM4H?4)06D M'JE/&I"&I!%I3`I)$U)$FI)FI#EI89&=-NKN3OJT)S53]9L,.MX7,HEPKUZ' MD:1*WV$DU4AUDD]JD)JD%JE-ZI"ZI(#4(_5)`]*0-"*-22%I0HI(4]*,-"E7W']*[@=^LU_AV1?KJIQA3:NJX:LA<$&&BH::CY&S6 M7#:Y=Y/J)DH?8WQ-9G:_8)B=(] M1IH./=I9J>YCI+,R=7!Z_VT4]:*ENQ.*R4I64.U8T;Z-+%I*T*#<:?%UB!SX?MUV0T?ECJ!IHO0(6IKB$93*A4K!F3QKZY#<$71T5.X(NB9* MCR#0=!S!7?&J["R#G@[)'4%?1^6.8&"B]`B&FN(1%*[*-V5GRQWID-P1C'54 M[@A"$Z5',-$4CZ!2N"ZZ(XATR*]&8">^FA\_(?'CZ70K\6-RKO"-. M;/_SJ2;.>1>3V6RS(RO>.IMZU429C$HJ:JHSRB?M?B^B6DRB=([4 M2'623VJ0FJ06J4WJD+JD@-0C]4D#TI`T(HU)(6E"BDA3THPT)RTLLM*F]*_- M>1]:LC/J2,ZAS;F?6S5124:1ZB2?U"`U22U2F]0A=4D!J4?JDP:D(6E$&I-" MTH04D::D&6E.6EAD9Y2/>LS51)FWBME+3X'5&^:0& MJ4EJD=JD#JE+"D@]4I\T(`U)(]*8%)(FI(@T)G[>G3UL?JB/E=VH9QL2CK^D=E]*/J7FEA2E1.;5)2-04I22 MP[0X2BI20P`X*2.RDYS):Z):4K^ZD5N<&25%Z4=N5;%$ODSW.7/)J.XSXN_5HLSR MDOST#/]<]C[+BF?']V5//B*1X=>>?$`@PV\\>7D\PV4-9JY`64I9"TDFXCPU M?<*69*;-4[,H+)$)-T]-IK!$)MD\-86657(M)5EU9'[-4],IK",3H9Z:G)IU8(K.8GII[8HE,9GIJ"HHE]U)RGUDBT\I> M-;-$II(]-5',UF0J3TJR^I%99$_-U[&.3"9[:MJ.)?(>@Z<>_66)O,[@J2>` M62*O,'CJ!86LDK*49(U:'AR6DJS6Y+T&V5ZR2N2E$4\]&\U^Y$413ST/S1)Y M$\13CT6S1%X(\=33T2R1ET`\]8I'5HGD:.;OD8>JI22K-7F=QU-/FK,U>87' M4T^7LT3>T?'40^8LD5=U//6L.4OD]1Q//5_.$GG_QE./F;/D7DKN,TODM2>O MFEDBKSIYZD4FMB;O@TA)UMJ6I_:E)&L$\OZ3IQ[-E]8ND[VS?$_S;?EM%2RW MW]:ON[/GU5_T-UD'R+]=/_`0``__\#`%!+`P04``8`"````"$`V@KW=.$+``#^ M.P``&0```'AL+W=O^">13=ZLM_Y;D MQK[[^\_Q)?/;.YT/_NM]ULH5LAGO=>\_'%Z?[K.+>?,O)YLY7W:O#[L7_]6[ MS_[CG;-_?_OO?^[>_=//\[/G73(4X?5\GWV^7-[J>71 M/QUW%_KW])0_OYV\W4/@='S)VX5".7_<'5ZS803W=$T,__'QL/?J_O[7T7N] MA$%.WLON0OF?GP]O9XYVW%\3[K@[_?SU]M?>/[Y1B!^'E\/EGR!H-G/[S/?K?X;.B)Q8.[#/W7OO*<1 MI3`Y^T9$VOLOE`#]S1P/0AHT(KL_P>?[X>'R?)\MEG,WE4+1(O/,#^]\:1Y$ MR&QF_^M\\8^KT,B*0H5!["@(?28$27$L1HXEZ6CGK%*A+/I.<:/6(&GZC/IS MKG$K1VZD_?FIE1V*NEI6G0VP\%5`W-5CQ:/B_CRQ3YI M*,,^U>!/CD5?Y/!<=YP5[I.^1*Y6(5>Q"K?%SX:(SD60+ETC['I5NC8+ M5WR)^KQ*!+84ZQ=%)S09IJI&EH8J1:8V#ZGX(H?T8WWGPVLSN-3KN\ONV]W) M?\_0_$F'>'[;B=G8[B/)=A+G/TCFB"_I,4]7O;\7" M[5W^-TTO^\BFBC:6;E%C"S&7B+!U$S1,T#1!RP1M$W1,T#5!SP1]$PQ,,#3! MR`1C$TQ,,#7!S`1S$RQ,L#3!R@1K$VQ,L(V!/,E$:H7D_?_0B@@CM,)GND#&0`9`AD!&0.9`)D"F0&9`UD` M60)9`5D#V0#9QHFF";I#T321+@1AK0LA(F&-0MRBU(#4@32`-(&T@+2!=(!T M@?2`]($,@`R!C(",@4R`3(',@,R!+(`L@:R`K(%L@&SC1!."*%+&[WO3A2"L M=2&$I.2H&4$2M1.Q*L:-3#TRHGJ/W*[894=?;QK2B->;IHS-I"6)"@2]M64@ M9617C"UV1QIQ[*Z,S:0GB0H$O?5E(&5DFP,PD$8<>RAC,QE)H@)!;V,92!G9 ME:(^DA-IQ+&G,C:3F20J$/0VEX&4$9RWA33BV$L9F\E*$A4(>EO+0,K(KACW M/1MIQ+&W,C813>PDMR^(75CK8@])7.Q`ZA&A#ZGLHF5HK2&-..(IN@X0S1'QP6B)3JN$*W1<8-HJSGJ:A(5QNM77RLL2-)-/I_7:H1*NB#, M&S>V(G\I&YAMZ\J*PS<8V4$IV[HM%`RM-=F"ZAL?AVZQ56H";;8JRN/K,*(; M7Q7^UE@"NFR5FD2/K5*3Z"LK'H4!HV@4BC`*0[9(36#$5JD)C-E*C<*$4>HH M3-DJ-8D96Z4F,5=6/`H+1N$HE&$0EFR0VO^*K5+[7RLK[G_#Z*/^MVSP4?_Z MI2=JN%^X],*2KW;IA4C4=Z4T[8JQAZV)BIR8ZE,/MYYL9:Q3C\?(,QR`]K]Y5>?63K8R\ M!IQ7.%+E7,DX+85#Y>1*QL9K>55*J^3.C,37R59&2IO/4MI^EI)^I=-\H%WI_^M/NR).L&E3 M6J='./2]9%4\3D!6J35V9<.36QU1`U$340M1&U$'41=1#U$?T0#1$-$(T1C1 M!-$4T0S1'-$"T1+1"M$:T0;15D.ZP$15_@M+25C$)PWSV:]:(=+*[T7+N(FO M*2MVK"-J(&HB:B%J(^H@ZB+J(>HC&B`:(AHA&B.:()HBFB&:(UH@6B):(5HC MVB#::DB7C2C8QV43NY5,N'ND9V/D[6-8ZM<4%*)X95[\B$@S40S5$340-1&U M$+41=1!U$?40]1$-$`T1C1"-$4T031'-$,T1+1`M$:T0K1%M$&TUI,M%U/+C MJ(&HB:B%J(VH@ZB+J(>HCZB`:(AHA& MB,:()HBFB&:(YH@6B)8:TL^K*,W+\TH[Y4_.:U3)CZ\>(=)*1Q*IO0K<"=2M MR(JJ77+W#M7^VRE M]>@8>]R!LN(>AXQ4CR.%4GHHU&RF"@K[G'*2/4X4RBEQSE;:3V:OZ8L ME!7WN&04]*BK4M30OZ#*L.2NS3;Q*GQ0]JQ9@.J,XJECN5Q9<>I-1FJP6HC: MC-3\UD'49:1B]1#U&:E8`T1#1BK6"-&8D8HU031EI&+-$,T9Q8<0R^?*BH=P MR2@(KY]]BJ6=_=C6Y`M5;A'%J'*'2)NJ`-6M$'U6Y996?$3-R#$6OH6HK<*S M8P=1%QU[B/KH.$`T1,<1HC$Z3A!-T7&&:(Z."T1+S5%3@'A67%-`^JH4F.NG M.D*?5*;9*KT\IJSXC#48A=5`IU*P+:/JW623C^J!P:348JO4#-K*BC/H,`HS M*):LBF44,KILDII!CZU2,^@K*\Y@P"C*X-8NE(PQ&+)):@8CMDK-8*RL.(,) MHS`#JU`JEXR[UBF;I&8P8ZO4#.;*BC-8,`HSJ%@WMIG!DDT^RB`4?OCZ3_A. MP-$[/7DU[^7EG-G[O\2K/3<5NON2.'SOB&H]KB@+4"[04J*6X"DI:+FAEN`M M(:.%%F-77)`8C=YO^AYL]PR/*KWW%#R`8W*;WH=*B%.E=).R_5YROX90:DF*1IM=5RPL&(TVN*Y83+"%=K"N M6%.PA3:RKEA:L(4VKZY83K"%=J>N6%6PI4HMU<26&K74$EOH1L`5VWR,1OLS M:DD:'5JDJ24I`[H[<,5*C-&6#BD\208KQQ4_KZ+'VG'I^8X$?NO2K_8)W"JX MXB=8;-DZ=+$D-8P<4F!2P]@A`28U3!W27U+#S"'Y)37,26-)AS$GA24=!OU( M3=)+BM1R2'E)#6V'A)?4T'5(=TD-/8=DE]30=TAU20U#AT27U%!U2'-)#36' M))?44"==)8U(G525-"+TY`/)+2E2TR&U!0UY>0'3VY=ONR=OL#L]'5[/F1?O MD:9P>EN.*F*G\/W-\)^+_T:;%GH'T[_0>Y?!UV=ZS]:CYQD+.3)^]/T+_T.2 MRLLW=[_]"P``__\#`%!+`P04``8`"````"$`.1%LHG,2``!D;0``&0```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`KU63+IG29CK_"DZ7S[OKR^>;[Y_/%I^_M(!DC)Y.[G MC1IN)TL53/?BYI5V_?JE;BW]646Y4F$^'W`B MZ>ER)%WFG\B1"J-RI(_NM0:3M*F3$%U"[[)VP7/!=R%P(70AA<*%TH7*A[H&5$!F1_HF$J#!RU>MUFLG\TL[`=5-F*F-*U[.;0WQ(#XD@(20"!)#$D@*R2`YI("4D`I2]\7* MA0Q"5B[47&&Z^"#EWSA;4('L-#6RL'O5N=VK5EVA+DT0#^)#`D@(B2`Q)(&D MD`R20PI(":D@=5^L-,DL#&E2\]DW)DF%P4!W8:?DNBDT.M!U1;JL03R(#PD@ M(22"Q)`$DD(R2`XI("6D@M1]L;(FJ*]3E`N)! M?$@`"2$1)(8DD!2207)(`2DA%:3NBY4+N3.U'*E#+I:6+)CIH\EO))`2DD1:28E)!24D;*206I)%6D MVB([/>HNN)^>=T_[U$V3F[F&[!'Q#.M"72F=IG4;2W;4Y)%\4D`*21$I)B6D ME)21]Q/Y"LC9',W+?G2A_1Z MTI`S0CHI7)E2>L]>:AGK;Q\U<=XO>'S?G;N:Z4J;3@;PV?"^_/BD@A:2( M%),24DK*2#FI()6DBE1;9&=.W4F[F5.)?N--FGKSK]LBQY2+'"WUNQ%I3?)(/BD@A:2(%),24DK*2#FI()6DBE1; M9.="+2?TAS0U7S^;?3`?Z3KX^4*Q8M.=W(?4/+E-)] M9DWR2#XI((6DB!23$E)*RD@YJ2"5I(I46V2G3JTIO*$;<55"K6W(;+K79U:D M-EU)]NDN?>*9DRIE,UP66+)H^E?%)`"DD1*28EI)24D7)202I)%:FVR$ZD MNR+QRK6I6WC0A_1ZVI"S2NND<&5*Z1W7)(_DDP)22(I(,2DAI:2,E),*4DFJ M2+5%=GK<=0;5S]ZUU*<>&7"6^EJR%VG/G3>15Z:4R5P3J[>NY[&43PI((2DB MQ:2$E)(R4DXJ2"6I(M46V9E[VQ+$E$L0+3GI<=]F-*5,>II85GI`/G<,2"$I M(L6DA)22,E).*D@EJ2+5%EGIF0VM2DP6^]NI\2%POZ>]"-'2;/_@TGX1=45: MDSR23PI((2DBQ:2$E)(R4DXJ2"6I(M46V6EYVXK#C"L.FII'KM0#&2O2FN21 M?%)`"DD1*28EI)24D7)202I)%:FVR,Z%N^+P2K_@JH):W)9KSORBFX"M#)FI MW.3<>4]WW99:]"=\DW/G[4//E-)#GT\*2"$I(L4M]5J?D%*S8_\%.;/3S)32 M37O4[:4?]0H),VIST_,@4T)%CADE(J=E1/>['-F>F@(Z<,TQ!*LV. M;62GS94IH"/75AB[V[YMK6/&M8Z6YC+/,3W/?;QQI4O)`&!*<3ANPL_M4LZ; M+%X;:R%3S5XL9PW9US7*B-(KY2R1!;J4N8J'AOH[.HV(AAOAW(W&.M9H(Q)= MRC0B-332B&RP$1?.C56N8XTVHM"E3"-*0R.-J(8;X=P^U#K62XVPSTJUH.*N M^C1WHZ_,#9J5F/Z2]JRAN75EN'#&F%5;2GW0LW>V.*76PZ6<4\/3-5J3B@NG MF_IM*?6G5R/.S_8%F:R$!S4B&FZ$,W+&!S4B,37J$24UU&^]?K&E_JL/L)6Z!+]<_/0QH1#3<"XV<;:[01"1N1 M&AHY-;+!1EQB_#RD$86IT9R?AQR):K@1&#]?:81]?KZ\FO?*^W2N0ZNY'Y@?^]NCUE.>M>FE$ZO1_))`2DD1:28E)!2 M4D;*206I)%6DVB(K8^I`6QE[URWX/HJ][-C2F37%OW3F$BN]XW@BVU+2F[M$ MMC27$B1?DPD?D$)-)E9$BC696`DIU61B9:1OW,RYO-J2.E=Z'=295J[:4F?V7,T=R'4LA2IA'I M08W(AAOAS/!S'7ZT$84N91I1'M2(:J@1\L6B]C-;M0[_4B/LD]5=@'9/U@/' M&"Y,J]-4AAUKC.EH]-1L2YG^Y^E8AGQ-IB\'I%"3V3$BQ9I,K(24:C*Q,E*N MR<0J2*4F$ZLBU9H&QAA)[C\PQJ@HSI6A(7NN<>ITMM6\*?7:7*.-]3:I;R]K0ZI]2_6OEZM3"G=:=-XL`$JW,AUF>NITF.NVE/J`<3?T.4M$ M*U/&)+()+KMI\EC*)P6DD!218E)"2DD9*2<5I))4D6J+K$0NW'7#\7ZV+VY? MM%NR/IJ-%*Y,*9V+-M8S6[V>O MI$<5=]+3D#,,N@OQZCOS``W/746V:_;4J/#H"EC$MD$[P^#+.63`E)(BD@Q*2&E MI(R4DPI22:I(M45V(M4"U!OZ6;->U9\-JO%/]:#^]!PI7)E2)CW=CIH\EO)) M`2DD1:28E)!24D;*206I)%6DVB([/4.K6N]Z0D7>:\8(V9`Z.;K9Q>S460A: MM3M**9VF-;^?G=TN_VE?OE$[G4_?^RX_5F6Q71Y)9'D^#I;9.237VS9'WELF2A+7(,Y%G7H2T+V;+_\1GG M]5Q-SY97@\=`GI"4??:3:63Q/MNQ_/P%;Y(C*\TM#+9#C)H_.<,O59+:\ MDJ\WXA;Y)KVE^C*XH2WR2N5[R(:VR"N52_+0%GD]@_5<3:7R93%#]<@KE:\N&=@RE3-$OAF#6ZZD`8-[2/6#M4OE@W5+U4-QKB:G M2GEJZ&:Y$=AB*IDWS()?%#>;^: M+Z\&SQ0Y'0;/!CD9!L\%.16&XLB3%TOU+`1?LWR47[8,M4D>E)#&#FU9S^9+ M3SZ/S6CR:?2E^L`YM\BGR9?J`^/<(I\&EQ8,;;F6%EP/MD`>C5FJ1R@831Z' MD18,O5)YOD*V#.TC3Z\LU8,/C"8/L2S5\P^RY:0;$N0WKG[>?-]D-T_?[QYW M1_>;;W(ED)_UD27WI^97LIK_>6[?6?RR?99?MY+;&?GQ'?DULXT\9G6JOE/_ MVW;[K/]'5=#]/MKG_Q<```#__P,`4$L#!!0`!@`(````(0!L86KA3P@``#PG M```9````>&PO=V]R:W-H965TGIK__Y_UUT.SD:2;TVYSB$_A M4_-7F#3_?O[SC\>/^/(]V8=AVB`+I^2IN4_3L]EN)]M]>-PDK?@WEK)^=+N-EEG8Z'MM[I]-O'371J<@OFY18;\>MKM`TG\?;]&)Y2;N02 M'C8I^9_LHW,BK!VWMY@[;B[?W\]_;>/CF4Q\BPY1^BLSVFP\<<1AWI%^WS>B1D'E:UPNSXUC:F)]V!]WCDI+RD>E&=\W M4\K7O"O]<>>HM*Q\U%O7M\T3,LOOR2;=/#]>XH\&'1J4<T/W\\Z\/>8_L'[:EMKAFA1I,58Z%@&XB9 MG:A@J@)+!3,5V"IP5#!7P4(%K@H\%2Q5L%*!KX*U"H(*:%-XBAA10O^.&#$S M+$9B=4<"5(*F!$0H1)>)"J8JL%0P4X&M`D<%4M2N/W&)CR&FSH(C%G7$ MB4%':R5"$T/>.@,E%H6HB`60*1`+R`R(#<0!,@>R`.("\8`L@:R`^$#6 M0((JD6)!CUI2+/AS6XL]EM=O$=91#@LGW5[Q8#`&,@$R!6(!F0&Q@3A`YD`6 M0%P@'I`ED!40'\@:2%`E4@SH<5F*0?W",[6\\#GAESSVO#L&,@$R!6(!F0&Q M@3A`YD`60%P@'I`ED!40'\@:2%`ETL+3Y5!:^$KRI_MH^WT4TV%/1_Z5@'3I MC*?>>:=$N3C0+R`R(#<0! M,N>DXO"B(#4.NX6A[)[6T;KRA+RB73B\!+("X@-9`PDXX0Y+$66W=RFD5T)' M10X1NTPN!R]'O8B6J68U)KC)HFU<>$1[D-9F6*K$HED#EB+,2E;8@86RA MJH[8[73D$9U2)4:X+E5BQ"!'?(YRCK#[,=8JLL^\V[>]QF_9]``OAASEJ+*L8T23'-$^+^>M M#X=RU*:E2IBWT-8,D8T='41S[+A`Y)8=:USU2I5P=8FV5HA\[+A&%$@=Y4"R M>W4UD%]L=GX-ER+&48].C6+/=I4--&9W-#KA>]5G?TC4R765G.3)Z6:IJ&E7YY3/*RA5=NES4I>HM#MCH@/.E`_.; M'%B4IFO<=$N56`$/'-"5DMGR)@=6I>D:!_Q2)1Q8?^E`\)4#0DIEZN^2+E")8`A5P:60U'JP$JI:#_Q2 M)3Q8"Y1[8`P''67G!T+RF0=RVK%"T!UIQ^3*0<>15/'I=I3[TYA]D4H=226F M,D$T160AFB&R$3F(YH@6B%Q$'J(EHA4B']$:42`A.3RL-G1'>'@I23H5\NI2 M-1NZ'>4V.-8*51D>0%-468AFB&Q$#J(YH@4B%Y&':(EHA[569)V5@<&7+DE,+#F'W#S#96M[*Q`$U192&:(;(1.8CF MB!:(7$0>HB6B%2(?T1H1>UVD7!P>.?[Z!_]Z_!A>WL)Q>#@DC6W\SE[MT(?T M0%5@_M[)2#/HQ9/LC0]HZ5-+GZT\M`S$RRI*2Z!UJ"7[5%-:Z/V6E^QX5/B( MO?=R;0S=I"\OKXS=->D+,N0O/?.%%@0;1CV3OINYPFG>5Z=-L[XZ:9KS-?M4 MOS#9#19'H)J%R2H2UUHT:KG6A\H5)KO#8A^J6ICL*HLM5*DPV?456R9#DVIN MR-VA2:4MY".RQ&H)V#*F%E92P!:J/IFLMG2M1:.6:WVH\&2RH@+VH?J3R6H+ MV$(U)Y/5$["%BDHF*RM02[O(+GIWZ;QY"[W-Y2TZ)8U#^$H;H)-56B[\[2?^ M3QJ?Z6"B%YCBE%Y:RO[XWC5/S#!BC>>WO^#P``__\#`%!+ M`P04``8`"````"$`-15EPIX*``!C-0``&0```'AL+W=OF\RX\/7>NFW^UD MQVW^O#N^/G3_\Y?SQZ3;.5\VQ^?-/C]F#]V?V;G[Y^.__W7_/3]].;]EV:4# M"L?S0_?M[WS]BT[;,XW^7MVA+^\Y*?#Y@+_/;WVSN^G;/-<-#KL>X-^ M_[9WV.R.7:E@G]IHY"\ONVTVS[=?#]GQ(D5.V7YS@?C/;[OW,ZH=MFWD#IO3 MEZ_O?VSSPSM(?-[M=Y>?A6BW<]C:WNLQ/VT^[^&Z?UBCS1:UB_\P^<-N>\K/ M^M`=*C_?/.[@"T>V=4_;RT/UDV>E@V.T]WA<=]-]=]OU< M^;US?LN_+T^[YV!WS*"W(4\B`Y_S_(LP]9X%@L8]UMHI,A"?.L_9R^;K_I+F MW]UL]_IV@72/X8K$A=G//^?9>0L]"C(W@[%0VN9["`#^[1QV8FA`CVQ^/'0' MX'CW?'E[Z`YO;\9W_:$%YIW/V?GB[(1DM[/]>K[DA_])(TM)29&A$AF5(M;- M9#P>W4[N0*2A(?RU\`X_E?=QNX:WJB'\5`WA`AH-$_**B;'N!.&0L/69:7B`.&DN/ MFMH+[,FY6$SM^>:R>;P_Y=\[4"\AC^?WC:B^EBU$<%++7BVG^:]F.4QOH?)) MR#QT(7R8P&A_V[^]XW*"=;9?/$;2S38H86HG8(V3D%"PH<"I84N!1X M%*PH\"D(*`@I6%,041!3D%"05D`/TE/F"#+Z$3D2,B)'V+M/"'32!B0A:(%- MYA0L*'`H6%+@4N!1L*+`IR"@(*1@34%$04Q!0D%:`49"H`Y]1$*$#-P$*Y/& M&DW-##Q)FP'4E')FC4V366E29HF1!2,.(TM&7$8\1E:,^(P$C(2,K!F)&(D9 M21A)J\1(&MP"/B)I0@:*)0R-,B'#_L1,R9,T:LQ::5)FC9$%(PXC2T9<1CQ& M5HSXC`2,A(RL&8D8B1E)&$FKQ,@:W(:-K-4O-O$V)*R+Y&"G/DDRKJ;+NJ/W MG=((F\T963#B,+)DQ&7$8V3%B,](P$C(R)J1B)&8D821M$J,7$`1,G(AUPHW M8N'=G!;1T$R+),-1>3.:,3)G9,&(P\B2$9<1CY$5(SXC`2,A(VM&(D9B1A)& MTBHQ<@!++",'S1TOK,V.5T1NJL0::\;(G)$%(PXC2T9<1CQ&5HSXC`2,A(RL M&8D8B1E)&$FKQ.AX6!O_1L<+:[/C)1E-](@OB;Z36'=D!3:71F,8#^7MQKH; MFK>;16F$]5ZC5&(2/5CJ(0*.&(,+:("9]L[_6 MJ-481(16.HA8HX8@DOH@R!(_1:U?!6&.2K'QIZ=B@_'-U86NV!:2VX5"(^-> M,"$U9H8-KXQ/)6]:D:&Q0(_&FF%"2HNCK(:&U1T;GZ5'G,QN?:@D"*\^"%*% M5JV"\+5'#"+0J&%HA/5!D-JP;A5$I#UB$+%$D]4&0_DJO!6&.3QC%_VQ\ MBH:D?DIDUL\)J68S0YZ!,FF^EEZQ*RXV+!Q MDGCU0;#ZJ>0;@_"U1PPBT*@:/>F)L#:(*:N?;8*(M$<,(M:H(8BD/@A6/Z\$ M88Y/<9SSC^JG/`>"R8`7\22>X8B19]3/*:N?JJ&9=&(U5UIP+T#YA4+CD5S< M38;T<,A1%J10$NDEEW8Y\HBWNZE%^GG5RIO/I0..0N)M,J`;QW4K;Q&7CCE* MB+>[NULRF])KWLPQ!`DWQM"5E:$P)Y5-(K.R3^+6H;*65'CD,.5H+ MK98&A?G@^TWW.+Q*4VD M1+?&$G]*UA(S;'BE!$@MF,V8HH5J.(*C'WVGF9)5@J.LKI4!%;VN,*YNB!Z] M5AY7NF$E+KIG\955I:8%NB%Z#%MY7.NXC[C'6#=%CTLICJAO6>S0'F#B< MJPZP*R5!G>55;R82W>KTS,0S=QAO@.HC4`^BE9766F!#C1Q$6G[)D8M(-_0X M6B'26CY'`2*M%7*T1J2U(HYB1%HKX2A%5&B9Z1$G<=7TB`.WP:UX&:CS&_-? MGN<92P!UQ&?.?[*8FHFW%T0BS;4:N4_/E14L9'&D+A`-?KT$4`$T2B]U`"CM MHK3VYB%2WNJ6`&V\^=Q;@-+:6X@(KZUF"=#&6\2]Q2BMO26(\-IJE@!7O)D# M2AP2T@%5O:'\E;_#+;_V!+=Z:"3/&HT1)9%1!TK46`>4E7YPM;`8RTN.7$1:R^-HA4AK^1P% MB+16R-$:D=:*.(H1::V$HQ1138VI.Z&MWAI:/=P;\.-:A,J*!$'D5ZC5&(3/@PBP86-/ MA/5!L!K3IB?PN.'$1Z+B\YGQOL3EIQ>?BFT3X4_P248A M3/D`/M40.Q#*AW9:?,%!^*>1_0D"K6DPLN'=N1H^MN$]KAI^:\.[19P'$SLI M7DTACH.IG12W:<+3B0V/\+G.W.K;"WC5MOB>33_"SQL MML7S9/Z7IXG]5.=_-K'A=0QN/Y_8\'9+#9_:\/X$YZN)#6]1<.Y/;'B7`GBO M[!#XQ.5]\YJ%F]/K[GCN[+,7&"3]XM3K)#^2D?^YJ,W*Y_P"'[<4^Y8W^)@I M@W>P^N+)XDN>7_`_PD'Y>=3CWP```/__`P!02P,$%``&``@````A``L(>68R M`0``0`(``!$`"`%D;V-0$+YMQ$()H.W^O:SKZHR>/)+WY>'Y/LI%I^OD$YQ7C:D0R7*4@!&- M5&97H>?U,IVCQ`=N)*\;`Q4Z@$<+=GU5"DM%X^#1-19<4."32#*>"ENA?0B6 M8NS%'C3W66R8&&X;IWF(1[?#EHMWO@,\R?,9UA"XY('C(S"U(Q$-2"E&I/UP M=0^0`D,-&DSPF&0$?W<#..W_O-`G%TVMPL'&F0;=2[84IW!L=UZ-Q;9ML[;H M-:(_P9O5PU,_:JK,<5<"$#ONI^8^K.(JMPKD[8%U;ZY.O-^7^'=62M';4>&` M!Y!)?(^>[,[)2W%WOUXB-LG)-"4DS6=K#?Q#.` M]=X__YQ]`0``__\#`%!+`P04``8`"````"$`\#9H$\$"``#Q"```$``(`61O M8U!R;W!S+V%P<"YX;6P@H@0!**```0`````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````"<5E%/VS`0?I^T_Q#E'5(HFB;D!I4"8M(FJJ6P1\LX%VKAV)E] MZ>A^_2[)6A(PW>B;8]]]]]W==W;8V5.IHQ4XKZR9Q$>'HS@"(VVNS,,DOEU< M'7R.(X_"Y$);`Y-X#3X^2S]^8'-G*W"HP$<$8?PD7B)6ITGBY1)*X0_IV-!) M85TID#[=0V*+0DFXL+(NP6!R/!I]2N`)P>20'U1;P+A#/%WAOJ"YE0T_?[=8 M5T0X9=.JTDH*I"S3;THZZVV!T>63!,V2_B$C=AG(VBE6/*\P:Y!-$6;"^5\RE9XN@*)UD5>_::R'<&Y9=(P[0ILN)?3-=M9?O,MSG,K/%6JUP@Y/Q<:&$D M\.Q5IO]CS^?BWR$RI$B-TCRW!;^IJ&%;[*;T72(#5D.7F1BT8.MR+KQJ,><. M/.&WN@J"9W59"K=NXF?JP2C2/W6>3Z6TM<&@R\()XX5LI.KY+X5+/J6QT8IR M";.9RI^U\JIU"")>P#WR/FS0ZI)0]"0T/NKREM$X$[W)IH=X7Y3O0J*E@ ME-UZ'I1Y\+:\>$V^*O/H;ZN%O:![:_-<#C=9MA0.3'ITK=[>RQY_E=)_P```/__`P!02P$"+0`4 M``8`"````"$`U-JXM-,!```?%0``$P``````````````````````6T-O;G1E M;G1?5'EP97-=+GAM;%!+`0(M`!0`!@`(````(0"U53`C]0```$P"```+```` M``````````````P$``!?&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`$6)"(,[`P``UPH``!D````````````````` M#14``'AL+W=O```&0````````````````!_&```>&PO=V]R:W-H965T&UL4$L!`BT`%``& M``@````A`.PEWOUG!0``JA@``!D`````````````````YBT``'AL+W=O&PO=V]R:W-H965T09U0(``+X'```9``````````````````Y,``!X;"]W;W)K&UL4$L!`BT`%``&``@````A`,]B/L9;!@``"!L``!@````` M````````````&D\``'AL+W=O&PO&PO&UL4$L!`BT`%``&``@````A`,WA MO*%7`P``O@H``!D`````````````````([,``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@` M```A`#H_1;GM!```,Q8``!D`````````````````>[H``'AL+W=O&UL4$L!`BT`%``&``@````A`-5$]Q#=`P`` M\0X``!@`````````````````"\D``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`%0K(A0<``(&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`.I6.3UP`@``]04` M`!D`````````````````2O<``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`,9HG:T4#P``T%4``!D````````````` M````3`4!`'AL+W=O&PO=V]R:W-H965T M&UL4$L!`BT` M%``&``@````A`&QA:N%/"```/"<``!D`````````````````63,!`'AL+W=O M&PO=V]R:W-H965T&UL4$L%!@`````I -`"D`$0L``!1-`0`````` ` end XML 13 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 14 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions - Additional Information 2 (Detail) (USD $)
In Millions, unless otherwise specified
0 Months Ended 6 Months Ended 0 Months Ended 6 Months Ended
Oct. 23, 2013
Fitchburg Transaction [Member]
Assisted_Living_Unit
Community
Sep. 05, 2013
Middletown Transaction [Member]
Assisted_Living_Unit
Community
Jun. 28, 2013
Autumn Glen Transaction [Member]
Assisted_Living_Unit
Community
Jun. 30, 2014
Autumn Glen Transaction [Member]
Sep. 30, 2013
Oakwood Transaction [Member]
Assisted_Living_Unit
Community
Jun. 30, 2014
Oakwood Transaction [Member]
Business Acquisition [Line Items]            
Acquisition cost $ 16.0 $ 9.9 $ 6.3   $ 11.8  
Number of acquisition closed 1 1 1   1  
Number of assisted living units 82 61 52   64  
Transaction cost of acquisition 0.1 0.1 0.1   0.1  
Long term finance of Fannie Mae 11.9 7.6        
Long term fixed rate of Fannie Mae 5.50% 5.93%        
Maximum period for expansion of permanent financing 10 years          
Interim financing obtained for acquisition     $ 4.6   $ 8.5  
Interim financing variable rate     3.75%   3.75%  
Maturity date of financing     Jul. 10, 2015   Oct. 10, 2015  
Interim financing variable rate description       LIBOR plus 3.75%   LIBOR plus 3.75%
Term period of mortgage loans   10 years        
XML 15 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions
9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Acquisitions

4. ACQUISITIONS

Fiscal 2014

Effective August 27, 2014, the Company closed the acquisition of one senior living community located in Plymouth, Wisconsin, for approximately $13.5 million (the “Plymouth Transaction”). The community consists of 69 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $10.4 million of the acquisition price at a fixed rate of 4.70% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective August 4, 2014, the Company closed the acquisition of one senior living community located in Roanoke, Virginia, for approximately $16.8 million (the “Roanoke Transaction”). The community consists of 60 assisted living units and 34 independent living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $12.9 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective August 4, 2014, the Company closed the acquisition of one senior living community located in Oshkosh, Wisconsin, for approximately $17.1 million (the “Oshkosh Transaction”). The community consists of 90 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $13.2 million of the acquisition price at a fixed rate of 4.59% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective June 30, 2014, the Company acquired 100% of the members’ equity interests in SHPIII/CSL Miami, SHPIII/CSL Richmond Heights, and SHPIII/CSL Levis Commons for approximately $83.6 million (the “SHPIII/CSL Transaction”). Prior to the acquisition, Senior Housing Partners III, a fund managed by Prudential Investment Management Inc. (“Prudential Investment”) maintained a 90% equity interest in each joint venture with the remaining 10% equity interest in each joint venture held by wholly owned subsidiaries of the Company. Based on the Company acquiring the remaining ownership interests of the joint ventures, the Company concluded the acquisition took the form of a “step-acquisition” or a “business combination achieved in stages.” Further, with the Company obtaining complete ownership of the joint ventures, the act of obtaining control triggered the application of the acquisition model in Accounting Standards Codification (“ASC”) 805, Business Combinations, which resulted in the new equity ownership interest being remeasured at fair value and the acquired assets and assumed liabilities measured at their full fair values. The remeasurement fair value of the equity interests were determined based on the cash proceeds, including incentive distributions, received by the Company in accordance with each respective joint venture partnership agreement. Accordingly, the Company recognized a gain of approximately $1.5 million during the second quarter of fiscal 2014 which was reflected as a joint venture equity investment valuation gain within the Company’s Consolidated Statements of Operations and Comprehensive Loss.

On June 30, 2014, in conjunction with the SHPIII/CSL Transaction, the Company obtained $16.4 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Miami. The new mortgage loan has a 10-year term with a fixed interest rate of 4.30% and the principal amortized over a 30-year term. The Company also obtained $23.7 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights. The new mortgage loan has a 10-year term with a fixed interest rate of 4.48% and the principal amortized over a 30-year term. The Company obtained interim, interest only, financing of $21.6 million from Wells Fargo Bank, N.A. (“Wells Fargo”) for the acquisition of SHPIII/CSL Levis Commons with a variable interest rate of LIBOR plus 2.75% and a 24-month term. The balance of the acquisition price was paid from the Company’s existing cash resources. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss.

Effective March 26, 2014, the Company closed the acquisition of one senior living community located in Lambertville, Michigan, for $14.6 million (the “Aspen Grove Transaction”). The community consists of 78 assisted living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for $11.0 million of the acquisition price at a fixed rate of 5.43% with a 12-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

As a result of these acquisitions, for which the purchase accounting is preliminary as it is subject to final valuation adjustments, the Company recorded additions to property and equipment of approximately $132.9 million and other assets of approximately $12.7 million, primarily consisting of in-place lease intangibles, within the Company’s Consolidated Balance Sheets which will be depreciated or amortized over the estimated useful lives.

Fiscal 2013

Effective December 24, 2013, the Company closed the acquisition of three senior living communities located in Plainfield, Fort Wayne, and Charlestown, Indiana, for $57.0 million (the “Indiana Transaction”). The communities consist of 48 independent living units and 304 assisted living units. The Company incurred approximately $0.3 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $43.7 million of the acquisition price at fixed rates of 5.56% with 10-year terms with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective December 24, 2013, the Company closed the acquisition of one senior living community located in Spartanburg, South Carolina, for approximately $7.9 million (the “Dillon Pointe Transaction”). The community consists of 36 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $5.6 million of the acquisition price at a fixed rate of 5.56% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

 

Effective October 31, 2013, the Company closed the acquisition of one senior living community located in Milford, Massachusetts, for approximately $15.8 million (the “Whitcomb House Transaction”). The community consists of 68 assisted living units. The Company incurred approximately $0.2 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $11.9 million of the acquisition price at a fixed rate of 5.38% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective October 23, 2013, the Company closed the acquisition of one senior living community located in Fitchburg, Wisconsin, for approximately $16.0 million (the “Fitchburg Transaction”). The community consists of 82 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $11.9 million of the acquisition price at a fixed rate of 5.50% with a 10-year term with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective September 30, 2013, the Company closed the acquisition of one senior living community located in Oakwood, Georgia, for approximately $11.8 million (the “Oakwood Transaction”). The community consists of 64 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained interim financing from Berkadia Commercial Mortgage LLC (“Berkadia”) for approximately $8.5 million of the acquisition price at a variable interest rate of LIBOR plus 3.75% with a maturity date of October 10, 2015, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective September 5, 2013, the Company closed the acquisition of one senior living community located in Middletown, Ohio, for $9.9 million (the “Middletown Transaction”). The community consists of 61 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $7.6 million of the acquisition price at a fixed interest rate of 5.93% with a 10-year term, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective June 28, 2013, the Company closed the acquisition of one senior living community located in Greencastle, Indiana, for $6.3 million (the “Autumn Glen Transaction”). The community consists of 52 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained interim financing from Berkadia for approximately $4.6 million of the acquisition price at a variable interest rate of LIBOR plus 3.75% with a maturity date of July 10, 2015, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective May 31, 2013, the Company closed the acquisition of one senior living community located in St. Joseph, Missouri, for $19.1 million (the “Vintage Transaction”). The community consists of 80 assisted living units and 22 independent living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for approximately $14.5 million of the acquisition price at a fixed interest rate of 5.30% with a 12-year term, with the balance of the acquisition price paid from the Company’s existing cash resources.

Effective March 7, 2013, the Company closed the acquisition of one senior living community located in Elkhorn, Nebraska, for approximately $6.7 million (the “Elkhorn Transaction”). The community consists of 64 assisted living units. The Company incurred approximately $0.1 million in transaction costs related to this acquisition which have been included in general and administrative expenses within the Company’s Consolidated Statements of Operations and Comprehensive Loss. The Company obtained financing from Fannie Mae for $4.0 million of the acquisition price at a fixed interest rate of 4.66% with a 10-year term, with the balance of the acquisition price paid from the Company’s existing cash resources.

As a result of these acquisitions, the Company recorded additions to property and equipment of approximately $135.4 million and other assets of approximately $15.1 million, primarily consisting of in-place lease intangibles, within the Company’s Consolidated Balance Sheets which will be depreciated or amortized over the estimated useful lives.

EXCEL 16 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I% M>&-E;%=O5]O9E]3:6=N:69I8V%N=%]!8V-O=6YT/"]X.DYA;64^ M#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D%C<75I#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D1E8G1?5')A;G-A8W1I;VYS/"]X.DYA;64^#0H@("`@ M/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I%>&-E;%=O#I7;W)K#I%>&-E M;%=O#I%>&-E;%=O5]O9E]3:6=N:69I M8V%N=%]!8V-O=6YT,3PO>#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E-U;6UA#I7;W)K#I7;W)K#I%>&-E;%=O#I%>&-E;%=O5]O9E]3:6=N:69I8V%N=%]!8V-O=6YT M,SPO>#I.86UE/@T*("`@(#QX.E=O#I7;W)K#I7;W)K#I%>&-E M;%=O#I.86UE/@T* M("`@(#QX.E=O#I% M>&-E;%=O#I.86UE/D%C<75I#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I%>&-E;%=O#I!8W1I=F53:&5E=#XP/"]X.D%C=&EV95-H965T M/@T*("`\>#I0#I%>&-E;%=O7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^ M4V5P(#,P+`T*"0DR,#$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)U$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^)SQS<&%N/CPO6UB;VP\+W1D/@T*("`@("`@("`\ M=&0@8VQA"!+97D\+W1D M/@T*("`@("`@("`\=&0@8VQA'0^)SQS<&%N M/CPO'0^)RTM,3(M,S$\2!#;VUM;VX@4W1O8VLL(%-H87)E'0^)SQS<&%N/CPO'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^)SQS<&%N/CPO M'!E;G-E2!A;F0@97%U:7!M96YT+"!N970\+W1D/@T*("`@("`@("`\=&0@ M8VQA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA6%B;&4@=&\@869F:6QI871E6%B;&4L(&YE="!O9B!C=7)R96YT('!O M'0^)R9N8G-P.R9N8G-P.SQS<&%N/CPO M'0^)SQS<&%N/CPOF5D('-H87)E3PO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM M/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%RF5D/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$;G5M<#XQ-2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%SF5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-2PP,#`L M,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S2!S=&]C:RP@7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO2!L96%S M92!E>'!E;G-E(&%N9"!D97!R96-I871I;VX@86YD(&%M;W)T:7IA=&EO;B!E M>'!E;G-E('-H;W=N(&)E;&]W*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S2!L M96%S92!E>'!E;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ M-"PX-#$\'!E;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ M+#4Y.3QS<&%N/CPOF%T M:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,RPX-#`\2!R96EM8G5R'!E;G-E*3H\+W-T'0^)SQS<&%N/CPO6UE;G0@<')E;6EU;7,\+W1D/@T*("`@("`@("`\=&0@8VQA M'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO2!I;B!E87)N:6YG&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M/B@Q.3DI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^)SQS<&%N/CPO3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V M.3'0O:'1M;#L@8VAA2!O M<&5R871I;F<@86-T:79I=&EEF%T:6]N(&]F(&1E9F5R'0^)SQS<&%N/CPO2!I;B!E87)N:6YG"!A;F0@:6YS=7)A;F-E(&1E<&]S:71S/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$;G5M<#XS-S8\6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA'0^)SQS<&%N/CPO M'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO6UE;G1S M(&9O'0^)SQS<&%N/CPO&5S/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$;G5M<#XD(#3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M;#L@8VAA M'0^)SQS<&%N/CPO2!O<&5R871E9"`Q,38@2!O9B!A<'!R;WAI;6%T96QY(#$U+#`P,`T*(')E2!B86QA;F-E2!A8V-E<'1E9"!I;B!T:&4-"B!5;FET960@4W1A=&5S(&AA=F4@ M8F5E;B!C;VYD96YS960@;W(@;VUI='1E9"!P=7)S=6%N="!T;R!T:&]S90T* M(')U;&5S(&%N9"!R96=U;&%T:6]N65A2!T;R!P2!T:&4-"B!#;VUP M86YY)B-X,C`Q.3MS(&9I;F%N8VEA;"!P;W-I=&EO;B!A'1087)T7S0R M9F0V9F,X7S8Y-S=?-&8Q9E]A,3$T7V$S8F(V-60R93%A,@T*0V]N=&5N="U, M;V-A=&EO;CH@9FEL93HO+R]#.B\T,F9D-F9C.%\V.3'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2!O9B!3:6=N:69I M8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S/&)R/CPO6QE/3-$)U1%6%0M5%)!3E-&3U)-.B!N;VYE.R!-05)'24XM M5$]0.B`Q.'!T.R!415A4+4E.1$5.5#H@,'!X.R!,151415(M4U!!0TE.1SH@ M;F]R;6%L.R!&3TY4.B`Q,'!T("=4:6UE#L@+7=E8FMI="UT97AT+7-T6QE/3-$)U1% M6%0M5%)!3E-&3U)-.B!N;VYE.R!-05)'24XM5$]0.B`V<'0[(%1%6%0M24Y$ M14Y4.B`P<'@[($Q%5%1%4BU34$%#24Y'.B!N;W)M86P[($9/3E0Z(#$P<'0@ M)U1I;65S($YE=R!2;VUA;B<[(%=(251%+5-004-%.B!N;W)M86P[($U!4D=) M3BU"3U143TTZ(#!P=#L@0T],3U(Z(')G8B@P+#`L,"D[(%=/4D0M4U!!0TE. M1SH@,'!X.R`M=V5B:VET+71E>'0M#L@+7=E8FMI="UT97AT M+7-T2!A8V-O=6YT960@ M9F]R(&ET2!A8W%U:7)E9`T*(#$P,"4@;V8@ M=&AE(&UE;6)E#(P,4,[06-Q=6ES:71I;VYS+B8C>#(P,40[/"]P/@T*(#QP('-T M>6QE/3-$)U1%6%0M5%)!3E-&3U)-.B!N;VYE.R!-05)'24XM5$]0.B`Q.'!T M.R!415A4+4E.1$5.5#H@,'!X.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!& M3TY4.B`Q,'!T("=4:6UE#L@+7=E8FMI="UT97AT+7-T#L@+7=E8FMI="UT97AT+7-T2!D971E2P@=&AE($-O;7!A;GDF(W@R,#$Y.W,@8V]S="!O9B!F M=6YD6UE;G1S(&%N9"!O=&AE2!C M;&%S2!I;F-U2!T:&4@0V]M<&%N>2!Q=6%L M:69I960@87,-"B!S86QE+VQE87-E8F%C:R!T28C>#(P,3D['!E;G-E(')E;&%T M:6YG('1O(&QE87-E:&]L9"!A8W%U:7-I=&EO;@T*(&-O$$P.S,P+"`R,#$T+CPO M<#X-"B`\<"!S='EL93TS1"=415A4+51204Y31D]233H@;F]N93L@34%21TE. M+51/4#H@,3AP=#L@5$585"U)3D1%3E0Z(#!P>#L@3$545$52+5-004-)3D"<^#0H@/&D^0W)E9&ET(%)I6QE/3-$ M)U1%6%0M5%)!3E-&3U)-.B!N;VYE.R!-05)'24XM5$]0.B`V<'0[(%1%6%0M M24Y$14Y4.B`P<'@[($Q%5%1%4BU34$%#24Y'.B!N;W)M86P[($9/3E0Z(#$P M<'0@)U1I;65S($YE=R!2;VUA;B<[(%=(251%+5-004-%.B!N;W)M86P[($U! M4D=)3BU"3U143TTZ(#!P=#L@0T],3U(Z(')G8B@P+#`L,"D[(%=/4D0M4U!! M0TE.1SH@,'!X.R`M=V5B:VET+71E>'0M7,@9G)O;2!T:&4@9&%T M92!B:6QL960N($%C8V]U;G1S(')E8V5I=F%B;&4@87)E(')E<&]R=&5D(&YE M=`T*(&]F(&%N(&%L;&]W86YC92!F;W(@9&]U8G1F=6P@86-C;W5N=',L(&%N M9"!R97!R97-E;G0@=&AE#0H@0V]M<&%N>28C>#(P,3D[2!W:6QL(&)E#0H@8V]L;&5C M=&5D+B!4:&4@861E<75A8WD@;V8@=&AE($-O;7!A;GDF(W@R,#$Y.W,@86QL M;W=A;F-E(&9O<@T*(&1O=6)T9G5L(&%C8V]U;G1S(&ES(')E=FEE=V5D(&]N M(&%N(&]N9V]I;F<@8F%S:7,L('5S:6YG(&AI6]R('-O=7)C92!A;F0@86=I M;F<@;V8@2!P"<^#0H@/&D^16UP;&]Y M964@2&5A;'1H(&%N9"!$96YT86P@0F5N969I=',@86YD($EN#L@+7=E M8FMI="UT97AT+7-T2!O M9F9E65E(&AE86QT:`T*(&%N9"!D96YT86P@8F5N969I=',L(&YE="!O9B!E M;7!L;WEE92!C;VYT0T*(&%R92!S=6)M:71T960@=&\@=&AE($-O;7!A;GDF(W@R M,#$Y.W,@=&AI2!R96-O6UE;G0@ M=')E;F1S(&]F(&AE86QT:`T*(&EN$$P.S,P+"`R,#$T.PT*(&AO=V5V97(L M(&%C='5A;"!C;&%I;7,@86YD(&5X<&5N2!D:69F97(N($%N>2!S M=6)S97%U96YT#0H@8VAA;F=E2!A#(P,3D[(&-O;7!E;G-A=&EO;B!L M;W-S97,@86YD(&-O2!R97-U;'0@:6X-"B!C;&%I;7,L(&5S=&EM871E2!A M9&IU'!E;G-E"<^#0H@/&D^26YC;VUE M(%1A>&5S/"]I/CPO<#X-"B`\<"!S='EL93TS1"=415A4+51204Y31D]233H@ M;F]N93L@34%21TE.+51/4#H@-G!T.R!415A4+4E.1$5.5#H@,'!X.R!,1514 M15(M4U!!0TE.1SH@;F]R;6%L.R!&3TY4.B`Q,'!T("=4:6UE#L@+7=E8FMI M="UT97AT+7-T&EM871E;'D-"B`D,"XT)B-X03`[;6EL;&EO;B!A M;F0@;F5T(&1E9F5R"!L:6%B:6QI=&EE2!T87@@&%S($UA'0M&5S(&%R92!R96-O2!D:69F97)E;F-E2!E=F%L=6%T97,@=&AE(&9U='5R90T*(')E86QI>F%T:6]N(&]F(&1E M9F5R"!A2P@8F%S960@;VX@ M2!D:69F97)E;F-E7-I$$P.S,P+"`R,#$T(&%N9"`R,#$S+"!R M97-P96-T:79E;'DL(&%N9`T*(')E9'5C92!T:&4@0V]M<&%N>28C>#(P,3D[ M"!A"!AF5D(&EF(&%C M='5A;"!R97-U;'1S(&1I9F9E<@T*(&9R;VT@97AP96-T871I;VYS+CPO<#X- M"B`\<"!S='EL93TS1"=415A4+51204Y31D]233H@;F]N93L@34%21TE.+51/ M4#H@,3)P=#L@5$585"U)3D1%3E0Z(#!P>#L@3$545$52+5-004-)3D"<^#0H@5&AE($-O;7!A;GD@979A;'5A=&5S('5N8V5R=&%I M;B!T87@@<&]S:71I;VYS('1H2!IF4@82!T M87@@8F5N969I="!I;@T*(&ET"!P;W-I=&EO;B!O;FQY(&EF#0H@;6%N86=E;65N M="8C>#(P,3D[F5D('1A>"!B96YE9FET65A#L@3$545$52+5-004-)3D"<^ M#0H@/&D^3F5T($QO#L@+7=E8FMI="UT97AT+7-T2!D:6QU=&EV M92!S96-U'0M6QE/3-$)U1%6%0M5%)!3E-&3U)-.B!N M;VYE.R!-05)'24XM5$]0.B`P<'0[(%1%6%0M24Y$14Y4.B`P<'@[($Q%5%1% M4BU34$%#24Y'.B!N;W)M86P[($9/3E0Z(#$R<'0@)U1I;65S($YE=R!2;VUA M;B<[(%=(251%+5-004-%.B!N;W)M86P[($U!4D=)3BU"3U143TTZ(#!P=#L@ M0T],3U(Z(')G8B@P+#`L,"D[(%=/4D0M4U!!0TE.1SH@,'!X.R`M=V5B:VET M+71E>'0M$$P.SPO<#X-"B`\=&%B M;&4@#L@+7=E8FMI="UT M97AT+7-T6QE/3-$)T9/ M3E0M1D%-24Q9.B`G5&EM97,@3F5W(%)O;6%N)SL@1D].5"U325I%.B`X<'0G M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$ M)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX] M,T1B;W1T;VT@8V]L$$P.S,P M+#PO8CX\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('-T>6QE M/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI M9VX],T1B;W1T;VT@8V]L6QE/3-$)T9/3E0M1D%-24Q9.B`G5&EM97,@ M3F5W(%)O;6%N)SL@1D].5"U325I%.B`X<'0G/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P M.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G M8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G M8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G M8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G M8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/B@Y+#DV,SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^*28C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A M;&EG;CTS1')I9VAT/B@R,"PR,C4\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT@;F]W$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M(&%L:6=N/3-$6QE/3-$)T9/3E0M1D%-24Q9.B`G5&EM97,@3F5W M(%)O;6%N)SL@1D].5"U325I%.B`Q,'!T)R!B9V-O;&]R/3-$(T-#145&1CX- M"B`\=&0@=F%L:6=N/3-$=&]P/@T*(#QP('-T>6QE/3-$)U1%6%0M24Y$14Y4 M.B`M,65M.R!&3TY4+49!34E,63H@)U1I;65S($YE=R!2;VUA;B<[($U!4D=) M3BU,1494.B`Q96T[($9/3E0M4TE:13H@,3!P="<^#0H@56YD:7-T$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L M:6=N/3-$6QE/3-$)T9/3E0M1D%-24Q9.B`G5&EM97,@3F5W M(%)O;6%N)SL@1D].5"U325I%.B`Q,'!T)SX-"B`\=&0@=F%L:6=N/3-$=&]P M/@T*(#QP('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M.R!&3TY4+49!34E, M63H@)U1I;65S($YE=R!2;VUA;B<[($U!4D=)3BU,1494.B`Q96T[($9/3E0M M4TE:13H@,3!P="<^#0H@5V5I9VAT960@879E$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX] M,T1R:6=H=#XR."PS-S$\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W M$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C(X+#(W,SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X M03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XR-RPW-CD\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P M.SPO=&0^#0H@/"]T6QE/3-$ M)T9/3E0M1D%-24Q9.B`G5&EM97,@3F5W(%)O;6%N)SL@1D].5"U325I%.B`Q M,'!T)SX-"B`\=&0@=F%L:6=N/3-$=&]P/@T*(#QP('-T>6QE/3-$)U1%6%0M M24Y$14Y4.B`M,65M.R!&3TY4+49!34E,63H@)U1I;65S($YE=R!2;VUA;B<[ M($U!4D=)3BU,1494.B`S96T[($9/3E0M4TE:13H@,3!P="<^#0H@16UP;&]Y M964@97%U:71Y(&-O;7!E;G-A=&EO;B!P;&%N$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`@86QI9VX],T1R:6=H=#X- M"B`F(W@R,#$T.R8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<"!A;&EG;CTS1')I9VAT/@T*("8C M>#(P,30[)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/"]T$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$ M15(M5$]0.B!R9V(H,"PP+#`I(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$ M15(M5$]0.B!R9V(H,"PP+#`I(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO M=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO M<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO M<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP M('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED)SXF M(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP M('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,7!X('-O;&ED)SXF M(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#%P>"!S M;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#%P>"!S M;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@ M/"]T$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F M;VYT/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XR."PR-S,\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P M.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL M93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT/CPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@86QI9VX],T1R:6=H=#XR-RPW-CD\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@ M/"]T$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S M='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C M>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@ M$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D M;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^#0H@/'`@$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP M+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0 M.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.R8C>$$P M.SPO9F]N=#X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/B@P+C(P/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XI)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@.'!T)SXF(WA!,#L\+V9O;G0^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/B0\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX] M,T1R:6=H=#XH,"XS-3PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R M87`],T1N;W=R87`^*28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO9F]N=#X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT M/B@P+C0Y/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<#XI)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT"<^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P M+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H M,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU4 M3U`Z(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D M/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP('-T>6QE/3-$ M)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^)B-X03`[/"]P M/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS M1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO M<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*(#QP M('-T>6QE/3-$)T)/4D1%4BU43U`Z(')G8B@P+#`L,"D@,W!X(&1O=6)L92<^ M)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\ M<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G M/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#PO='(^ M#0H@/'1R('-T>6QE/3-$)T9/3E0M1D%-24Q9.B`G5&EM97,@3F5W(%)O;6%N M)SL@1D].5"U325I%.B`Q,'!T)R!B9V-O;&]R/3-$(T-#145&1CX-"B`\=&0@ M=F%L:6=N/3-$=&]P/@T*(#QP('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M M.R!&3TY4+49!34E,63H@)U1I;65S($YE=R!2;VUA;B<[($U!4D=)3BU,1494 M.B`Q96T[($9/3E0M4TE:13H@,3!P="<^#0H@1&EL=71E9"!N970@;&]S6QE/3-$)T9/3E0M4TE:13H@.'!T)SXF(WA!,#LF(WA!,#L\+V9O M;G0^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B0\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XH,"XR,#PO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^*28C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=&3TY4+5-) M6D4Z(#AP="<^)B-X03`[/"]F;VYT/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO9F]N=#X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/B@P+C

6QE/3-$)T9/3E0M4TE:13H@.'!T M)SXF(WA!,#L\+V9O;G0^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B0\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XH,"XT M.3PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^ M*28C>$$P.SPO=&0^#0H@/"]T$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I M(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^#0H@/'`@$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B!R M9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$ M15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P.SPO<#X-"B`\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL M93TS1"="3U)$15(M5$]0.B!R9V(H,"PP+#`I(#-P>"!D;W5B;&4G/B8C>$$P M.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@'0M M$$P.S,P+"`R M,#$T(&%N9"`R,#$S+"!R97-P96-T:79E;'DL(&%N9"!A=V%R9',@;V8-"B!U M;G9E2P@86YD('=E M"<^#0H@/&D^5')E87-U6QE/3-$)U1%6%0M5%)!3E-&3U)-.B!N;VYE M.R!-05)'24XM5$]0.B`V<'0[(%1%6%0M24Y$14Y4.B`P<'@[($Q%5%1%4BU3 M4$%#24Y'.B!N;W)M86P[($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[ M(%=(251%+5-004-%.B!N;W)M86P[($U!4D=)3BU"3U143TTZ(#!P=#L@0T], M3U(Z(')G8B@P+#`L,"D[(%=/4D0M4U!!0TE.1SH@,'!X.R`M=V5B:VET+71E M>'0M2!S=&]C:R!U;F1E6QE M/3-$)U1%6%0M5%)!3E-&3U)-.B!N;VYE.R!-05)'24XM5$]0.B`Q.'!T.R!4 M15A4+4E.1$5.5#H@,'!X.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!&3TY4 M.B`Q,'!T("=4:6UE#L@+7=E8FMI="UT97AT+7-T2!)#L@3$545$52+5-004-) M3D3PO M:3XN($%352`R,#$T+3`X(')A:7-E2!A2!A;F0@:7,@969F96-T:79E(&9O65A7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T* M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2!4'0^)SQS<&%N/CPO'0^)SQD:78^#0H@/'`@#(P,4,[4TA024E))B-X,C`Q M1#LI(&9O2!I;B!-:6%M:7-B=7)G+"!/:&EO+B!5;F1E M0T*(&]F(%-(4$E)22]#4TP@36EA;6D@;V8@)#@L M-3`P(&%N9"`D*#8P,"D@9'5R:6YG('1H92!S:7@@;6]N=&@-"B!P97)I;V1S M(&5N9&5D($IU;F4F(WA!,#LS,"P@,C`Q-"!A;F0@,C`Q,RP@2!E87)N960@)#`N,2!M M:6QL:6]N(&EN(&UA;F%G96UE;G0@9F5E2!I;B!E86-H(&]F('1H92!S:7@@;6]N=&@@<&5R M:6]D$$P.S,P+"`R,#$T+"!T:&4@0V]M<&%N>0T*(&%C<75I#(P,4,[4TA024E)+T-33"!2:6-H;6]N9"!(96EG:'1S)B-X M,C`Q1#LI#0H@=&\@9&5V96QO<"!A('-E;FEO2!I;B!2:6-H;6]N9"!(96EG:'1S+"!/:&EO+@T*(%5N9&5R('1H92!J;VEN M="!V96YT=7)E(&%N9"!R96QA=&5D(&%G#(P,4,[06-Q=6ES:71I M;VYS+B8C>#(P,40[/"]P/@T*(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ M(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W M(%)O;6%N.R!-05)'24XM5$]0.B`Q.'!T)SX-"B`\:3Y32%!)24DO0U-,($QE M=FES($-O;6UO;G,\+VD^/"]P/@T*(#QP('-T>6QE/3-$)TU!4D=)3BU"3U14 M3TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@ M3F5W(%)O;6%N.R!-05)'24XM5$]0.B`V<'0G/@T*($EN($1E8V5M8F5R(#(P M,##(P,40[*2!T;R!D979E;&]P(&$-"B!S96YI;W(@:&]U M"!M;VYT M:"!P97)I;V1S(&5N9&5D($IU;F4F(WA!,#LS,"P-"B`R,#$T(&%N9"`R,#$S M+"!R97-P96-T:79E;'DN($EN(&%D9&ET:6]N+"!T:&4@0V]M<&%N>2!E87)N M960@)#`N,0T*(&UI;&QI;VX@:6X@;6%N86=E;65N="!F965S(&]N('1H92!3 M2%!)24DO0U-,($QE=FES($-O;6UO;G,-"B!C;VUM=6YI='D@:6X@96%C:"!O M9B!T:&4@$$P.S,P+"`R M,#$T#0H@86YD(#(P,3,N($]N($IU;F4F(WA!,#LS,"P@,C`Q-"P@=&AE($-O M;7!A;GD@86-Q=6ER960@,3`P)2!O9B!T:&4-"B!M96UB97(@:6YT97)E#(P,4,[06-Q=6ES M:71I;VYS+B8C>#(P,40[/"]P/@T*(#PO9&EV/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA'0^)SQS<&%N/CPO2`M+3X-"B`\<"!S='EL93TS1"=- M05)'24XM0D]45$]-.B`P<'0[($9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;CL@34%21TE.+51/4#H@-G!T)SX-"B`\:3Y& M:7-C86P@,C`Q-#PO:3X\+W`^#0H@/'`@2!C;&]S960@=&AE(&%C<75I M2`D,3,N-2!M:6QL:6]N("AT:&4@)B-X,C`Q0SM0;'EM;W5T:`T*(%1R86YS M86-T:6]N)B-X,C`Q1#LI+B!4:&4@8V]M;75N:71Y(&-O;G-I2!I;F-U'!E;G-E28C>#(P,3D[2!C;&]S960@=&AE(&%C<75I&EM871E;'D@)#$V+C@@;6EL;&EO;B`H M=&AE("8C>#(P,4,[4F]A;F]K90T*(%1R86YS86-T:6]N)B-X,C`Q1#LI+B!4 M:&4@8V]M;75N:71Y(&-O;G-I2!O8G1A M:6YE9"!F:6YA;F-I;F<-"B!F&EM M871E;'D@)#$R+CD@;6EL;&EO;B!O9B!T:&4@86-Q=6ES:71I;VX-"B!P28C>#(P,3D[&ES=&EN9PT*(&-A M&EM871E;'D@ M)#$W+C$@;6EL;&EO;B`H=&AE("8C>#(P,4,[3W-H:V]S:`T*(%1R86YS86-T M:6]N)B-X,C`Q1#LI+B!4:&4@8V]M;75N:71Y(&-O;G-I2!I;F-U'!E;G-E28C>#(P,3D[#(P M,3D[(&5Q=6ET>2!I;G1E&EM871E;'D-"B`D.#,N-B!M:6QL:6]N M("AT:&4@)B-X,C`Q0SM32%!)24DO0U-,(%1R86YS86-T:6]N)B-X,C`Q1#LI M+B!00T*(%!R=61E;G1I86P@ M26YV97-T;65N="!-86YA9V5M96YT($EN8RX@*"8C>#(P,4,[4')U9&5N=&EA M;`T*($EN=F5S=&UE;G0F(W@R,#%$.RD@;6%I;G1A:6YE9"!A(#DP)2!E<75I M='D@:6YT97)E2!W:&]L;'D@;W=N960@#(P,40[($9U#(P,40[*2`X,#4L#0H@/&D^ M0G5S:6YE2P@=&AE M#0H@0V]M<&%N>2!R96-O9VYI>F5D(&$@9V%I;B!O9B!A<'!R;WAI;6%T96QY M("0Q+C4@;6EL;&EO;B!D=7)I;F<@=&AE#0H@6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I% M.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM M5$]0.B`Q,G!T)SX-"B!/;B!*=6YE)B-X03`[,S`L(#(P,30L(&EN(&-O;FIU M;F-T:6]N('=I=&@@=&AE(%-(4$E)22]#4TP-"B!465AF5D(&]V97(@82`S M,"UY96%R('1E65A2!O8G1A:6YE9`T*(&EN=&5R:6TL(&EN=&5R97-T(&]N M;'DL(&9I;F%N8VEN9R!O9B`D,C$N-B!M:6QL:6]N(&9R;VT@5V5L;',@1F%R M9V\-"B!"86YK+"!.+D$N("@F(W@R,#%#.U=E;&QS($9A2`D,"XR(&UI;&QI M;VX@:6X@=')A;G-A8W1I;VX-"B!C;W-T#(P,40[*2X@5&AE#0H@8V]M;75N:71Y(&-O;G-I M&5D(')A=&4@;V8@ M-2XT,R4@=VET:"!A(#$R+7EE87(@=&5R;2!W:71H#0H@=&AE(&)A;&%N8V4@ M;V8@=&AE(&%C<75I28C>#(P,3D[2!A2!R96-O&EM871E;'D@)#$S M,BXY(&UI;&QI;VX@86YD(&]T:&5R(&%S&EM871E M;'D@)#$R+C6QE/3-$)TU!4D=)3BU" M3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM M97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`V<'0G/@T*($5F9F5C=&EV92!$ M96-E;6)E$$P.S(T+"`R,#$S+"!T:&4@0V]M<&%N>2!C;&]S960@=&AE M#0H@86-Q=6ES:71I;VX@;V8@=&AR964@2`D-#,N-R!M:6QL:6]N#0H@;V8@=&AE(&%C<75I&5D(')A=&5S(&]F(#4N-38E('=I=&@@,3`M>65A&EM871E;'D@)#&EM871E;'D@)#`N,2!M:6QL:6]N(&EN#0H@ M=')A;G-A8W1I;VX@8V]S=',@2!O8G1A:6YE M9"!F:6YA;F-I;F<@9G)O;2!&86YN:64@36%E#0H@9F]R(&%P<')O>&EM871E M;'D@)#4N-B!M:6QL:6]N(&]F('1H92!A8W%U:7-I=&EO;B!P&5D#0H@65A6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P M>#L@1D].5"U325I%.B`Q<'@[($U!4D=)3BU43U`Z(#$R<'@G/@T*("8C>$$P M.SPO<#X-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[($9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%2 M1TE.+51/4#H@,'!T)SX-"B!%9F9E8W1I=F4@3V-T;V)E$$P.S,Q+"`R M,#$S+"!T:&4@0V]M<&%N>2!C;&]S960@=&AE(&%C<75I2`D,34N."!M M:6QL:6]N("AT:&4@)B-X,C`Q0SM7:&ET8V]M8B!(;W5S90T*(%1R86YS86-T M:6]N)B-X,C`Q1#LI+B!4:&4@8V]M;75N:71Y(&-O;G-I2!I;F-U'!E;G-E28C>#(P,3D[2`D,38N,"!M:6QL:6]N M("AT:&4@)B-X,C`Q0SM&:71C:&)U#(P,40[ M*2X@5&AE(&-O;6UU;FET>2!C;VYS:7-T2`D,"XQ(&UI;&QI;VX@:6X-"B!T&5D#0H@65A6QE M/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4 M+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`Q,G!T)SX- M"B!%9F9E8W1I=F4@4V5P=&5M8F5R)B-X03`[,S`L(#(P,3,L('1H92!#;VUP M86YY(&-L;W-E9"!T:&4-"B!A8W%U:7-I=&EO;B!O9B!O;F4@#(P,40[*2X@5&AE(&-O;6UU;FET M>2!C;VYS:7-T2`D,"XQ(&UI;&QI;VX@ M:6X-"B!T#(P,40[ M*2!F;W(-"B!A<'!R;WAI;6%T96QY("0X+C4@;6EL;&EO;B!O9B!T:&4@86-Q M=6ES:71I;VX@<')I8V4@870@82!V87)I86)L90T*(&EN=&5R97-T(')A=&4@ M;V8@3$E"3U(@<&QU6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!& M3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`Q,G!T M)SX-"B!%9F9E8W1I=F4@4V5P=&5M8F5R)B-X03`[-2P@,C`Q,RP@=&AE($-O M;7!A;GD@8VQO2!L;V-A=&5D(&EN($UI9&1L971O=VXL#0H@3VAI M;RP@9F]R("0Y+CD@;6EL;&EO;B`H=&AE("8C>#(P,4,[36ED9&QE=&]W;B!4 M#(P,40[*2X-"B!4:&4@8V]M;75N:71Y(&-O;G-I2`D-RXV M(&UI;&QI;VX-"B!O9B!T:&4@86-Q=6ES:71I;VX@<')I8V4@870@82!F:7AE M9"!I;G1E6QE/3-$)TU!4D=)3BU"3U143TTZ M(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W M(%)O;6%N.R!-05)'24XM5$]0.B`Q,G!T)SX-"B!%9F9E8W1I=F4@2G5N928C M>$$P.S(X+"`R,#$S+"!T:&4@0V]M<&%N>2!C;&]S960@=&AE(&%C<75I#(P M,40[*2X@5&AE#0H@8V]M;75N:71Y(&-O;G-I2`D-"XV#0H@;6EL;&EO M;B!O9B!T:&4@86-Q=6ES:71I;VX@<')I8V4@870@82!V87)I86)L92!I;G1E M6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I% M.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM M5$]0.B`Q,G!T)SX-"B!%9F9E8W1I=F4@36%Y)B-X03`[,S$L(#(P,3,L('1H M92!#;VUP86YY(&-L;W-E9"!T:&4@86-Q=6ES:71I;VX@;V8-"B!O;F4@2`D,"XQ(&UI;&QI;VX@:6X-"B!T2`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`L,"D[($9/3E0Z M(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[($U!4D=)3BU43U`Z(#!P=#L@3$54 M5$52+5-004-)3D#L@+7=E8FMI M="UT97AT+7-T"<^#0H@3VX@075G=7-T)B-X03`[ M,C6UO=71H#0H@ M5')A;G-A8W1I;VXL('1H92!#;VUP86YY(&]B=&%I;F5D("0Q,"XT(&UI;&QI M;VX@;V8@;6]R=&=A9V4@9&5B=`T*(&9R;VT@1F%N;FEE($UA92X@5&AE(&YE M=R!M;W)T9V%G92!L;V%N(&AA&EM871E;'D@)#`N,2!M:6QL:6]N(&EN#0H@9&5F97)R M960@9FEN86YC:6YG(&-O#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2 M;VUA;B<[($U!4D=)3BU43U`Z(#$R<'0[($Q%5%1%4BU34$%#24Y'.B!N;W)M M86P[(%1%6%0M24Y$14Y4.B`P<'@[("UW96)K:70M=&5X="US=')O:V4M=VED M=&@Z(#!P>"<^#0H@3VX@075G=7-T)B-X03`[-"P@,C`Q-"P@:6X@8V]N:G5N M8W1I;VX@=VET:"!T:&4@4F]A;F]K90T*(%1R86YS86-T:6]N+"!T:&4@0V]M M<&%N>2!O8G1A:6YE9"`D,3(N.2!M:6QL:6]N(&]F(&UO65A&EM871E;'D@)#`N,2!M M:6QL:6]N(&EN#0H@9&5F97)R960@9FEN86YC:6YG(&-O#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z M(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[($U!4D=)3BU43U`Z(#$R<'0[($Q% M5%1%4BU34$%#24Y'.B!N;W)M86P[(%1%6%0M24Y$14Y4.B`P<'@[("UW96)K M:70M=&5X="US=')O:V4M=VED=&@Z(#!P>"<^#0H@3VX@075G=7-T)B-X03`[ M-"P@,C`Q-"P@:6X@8V]N:G5N8W1I;VX@=VET:"!T:&4@3W-H:V]S:`T*(%1R M86YS86-T:6]N+"!T:&4@0V]M<&%N>2!O8G1A:6YE9"`D,3,N,B!M:6QL:6]N M(&]F(&UO65A&EM871E;'D@)#`N,2!M:6QL:6]N(&EN#0H@9&5F97)R960@9FEN86YC M:6YG(&-O#L@0T],3U(Z M(')G8B@P+#`L,"D[($9/3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[($U! M4D=)3BU43U`Z(#$R<'0[($Q%5%1%4BU34$%#24Y'.B!N;W)M86P[(%1%6%0M M24Y$14Y4.B`P<'@[("UW96)K:70M=&5X="US=')O:V4M=VED=&@Z(#!P>"<^ M#0H@3VX@2G5N928C>$$P.S,P+"`R,#$T+"!I;B!C;VYJ=6YC=&EO;B!W:71H M('1H92!32%!)24DO0U-,#0H@5')A;G-A8W1I;VXL('1H92!#;VUP86YY(&]B M=&%I;F5D("0Q-BXT(&UI;&QI;VX@;V8@;6]R=&=A9V4@9&5B=`T*(&9R;VT@ M1F%N;FEE($UA92!F;W(@=&AE(&%C<75I65A0T*(&%L&5D(&EN=&5R97-T(')A=&4@;V8@-"XT."4@86YD('1H90T*('!R:6YC M:7!A;"!A;6]R=&EZ960@;W9E2`D,"XU(&UI;&QI;VX@:6X@9&5F97)R960@9FEN M86YC:6YG(&-O'0M&EM871E;'D@)#$Q,2XY(&UI;&QI;VX@9G)O;2!& M#(P,4,[1G)E9&1I92!-86,- M"B!2969I;F%N8V4F(W@R,#%$.RDN(%1H92!#;VUP86YY(&]B=&%I;F5D(&%P M<')O>&EM871E;'D@)#$S-2XU#0H@;6EL;&EO;B!O9B!M;W)T9V%G92!D96)T M(&9O65AF5D(&]V97(-"B`S,"UY M96%R2P@9FEN86YC:6YG(&]F#0H@)#DN,R8C>$$P.VUI;&QI;VX@9G)O;2!" M97)K861I82!#;VUM97)C:6%L($UO$$P.VUI;&QI;VX@9G)O;2!"97)K M861I82!F;W(@;VYE(&]F('1H92!S96YI;W(@;&EV:6YG#0H@8V]M;75N:71I M97,@=VET:"!A('9A&EM871E;'D@)#$N-R8C>$$P.VUI;&QI;VX-"B!I;B!D M969EF5D(&]V97(@=&AE(')E2!R96-E:79E9"!A<'!R;WAI;6%T96QY("0S-BXU M)B-X03`[;6EL;&EO;B!I;@T*(&-A2!R97!A>6UE;G0@;V8@=&AE(&5X:7-T:6YG#0H@;6]R M=&=A9V4@9&5B="!W:71H($9R961D:64@36%C+"!T:&4@0V]M<&%N>2!A8V-E M;&5R871E9"!T:&4-"B!A;6]R=&EZ871I;VX@;V8@87!P2`D M,"XU)B-X03`[;6EL;&EO;B!I;B!U;F%M;W)T:7IE9`T*(&1E9F5R'0M28C>$$P.S,Q+"`R,#$T+"!T:&4@0V]M<&%N>2!R M96YE=V5D(&-E2`D,2XW)B-X03`[;6EL;&EO;BX@5&AE(&9I;F%N8V4@86=R965M M96YT(&AA&5D#0H@:6YT97)E#L@0T],3U(Z(')G8B@P+#`L,"D[($9/3E0Z(#$P<'0@)U1I M;65S($YE=R!2;VUA;B<[($U!4D=)3BU43U`Z(#$R<'0[($Q%5%1%4BU34$%# M24Y'.B!N;W)M86P[(%1%6%0M24Y$14Y4.B`P<'@[("UW96)K:70M=&5X="US M=')O:V4M=VED=&@Z(#!P>"<^#0H@3VX@36%R8V@F(WA!,#LR-BP@,C`Q-"P@ M:6X@8V]N:G5N8W1I;VX@=VET:"!T:&4@07-P96X@1W)O=F4-"B!465A&5D(&EN=&5R97-T(')A=&4@86YD('1H92!PF5D M(&]V97(@80T*(#,P+7EE87(@=&5R;2X@5&AE($-O;7!A;GD@:6YC=7)R960@ M87!P2`D,"XR(&UI;&QI;VX@:6X-"B!D969EF5D(&]V97(@,3(@>65A6QE M/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO#L@+7=E8FMI="UT97AT+7-T$$P.S(U+"`R,#$Q+"!T:&4@0V]M<&%N>2!I2!L971T97)S(&]F#0H@8W)E9&ET+"!T;W1A;&EN9R!A<'!R M;WAI;6%T96QY("0R+C8@;6EL;&EO;BP@9F]R('1H92!B96YE9FET(&]F#0H@ M2&5A;'1H($-A6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA) M5$4M4U!!0T4Z(&YO#L@+7=E8FMI="UT97AT M+7-T6QE/3-$ M)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z(&YO#L@+7=E8FMI="UT97AT+7-T$$P.S$V+"`R,#$P+"!T:&4@0V]M<&%N>2!I2!L971T97)S(&]F#0H@8W)E9&ET+"!T;W1A;&EN9R!A<'!R;WAI M;6%T96QY("0Q+C<@;6EL;&EO;BP@9F]R('1H92!B96YE9FET(&]F($A#3@T* M(&]N(&-E2X\+W`^#0H@/'`@'0M M2!T:&4@0V]M<&%N>2!A;F0@96YC=6UB97)E9`T* M(&)Y(&UO#L@0T],3U(Z(')G8B@P+#`L,"D[($9/ M3E0Z(#$P<'0@)U1I;65S($YE=R!2;VUA;B<[($U!4D=)3BU43U`Z(#!P=#L@ M3$545$52+5-004-)3D#L@+7=E M8FMI="UT97AT+7-T2X@06-C=6UU;&%T960@86UOF%T:6]N('=A$$P.VUI;&QI;VX@ M86YD("0S+C(@;6EL;&EO;B!A="!397!T96UB97(F(WA!,#LS,"P@,C`Q-"!A M;F0-"B!$96-E;6)E$$P.S,Q+"`R,#$S+"!R97-P96-T:79E;'DN/"]P M/@T*(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!! M0T4Z(&YO#L@+7=E8FMI="UT97AT+7-T2!M=7-T(&UA:6YT86EN(&-E M2!W87,@:6X@8V]M<&QI86YC92!W:71H(&%L;"!O9B!I=',-"B!D96)T M(&-O=F5N86YT$$P.S,Q+"8C>$$P.S(P,3,N/"]P/@T*(`T*(`T*(#PO9&EV M/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X- M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^)SQS<&%N/CPO6QE/3-$ M)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49! M34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`V<'0G/@T*(%1H M92!#;VUP86YY(&ES(&%U=&AO2!B M92!T86ME;B!B>2!T:&4-"B!#;VUP86YY)B-X,C`Q.3MS(&)O87)D(&]F(&1I M$$P.S,Q+"`R,#$S+CPO<#X- M"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`P<'0[($9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%21TE.+51/ M4#H@,3AP="<^#0H@/&D^4VAA6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`V M<'0G/@T*($]N($IA;G5AF5D('1H92!#;VUP M86YY('1O#0H@<'5R8VAA28C>#(P,3D[2!C;VUB:6YA=&EO;B!O M9@T*('-U8V@@;65T:&]DF4L('-C;W!E(&%N9`T* M('1I;6EN9R!O9B!A;GD@<'5R8VAA'!I2!S M:&%R97,N#0H@4'5RF%T:6]N+"!D=7)I M;F<@9FES8V%L(#(P,#DL('1H92!#;VUP86YY#0H@<'5R8VAA&EM871E;'D@)#`N.2!M:6QL:6]N+B!!;&P@2!A9&1I=&EO;F%L('-H87)E M3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M M;#L@8VAA'0^)SQD:78^#0H@/'`@ M65E('-T;V-K M(&]P=&EO;G,@86YD(&%W87)D28C>#(P,3D[F5S('1H92!#;VUP86YY('1O(&ES2!H87,-"B!R97-E28C>$$P.S@L(#(P,#2!H M87,@6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P M=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O M;6%N.R!-05)'24XM5$]0.B`Q.'!T)SX-"B`\:3Y3=&]C:R!/<'1I;VYS/"]I M/CPO<#X-"B`\<"!S='EL93TS1"=-05)'24XM0D]45$]-.B`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`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B!R9V(H,"PP+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T M=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/D]U='-T86YD:6YG)B-X M03`[870\8G(@+SX-"B!"96=I;FYI;F$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S M='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H,"PP+#`I(#%P="!S;VQI9"<@ M=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/D5X M97)C:7-E9#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\ M=&0@6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T M('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T M>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V M86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/"]T2`M+3X-"B`\='(@6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;CL@34%21TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1%3E0Z M("TQ96TG/@T*(%-H87)E$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I M9VAT/C$Y+#`P,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N M;W=R87`],T1N;W=R87`^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M(&YO=W)A<#TS1&YO=W)A<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[ M)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A M<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I M9VAT/C$S+#`P,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N M;W=R87`],T1N;W=R87`^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M(&YO=W)A<#TS1&YO=W)A<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[ M)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A M<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I M9VAT/C8L,#`P/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS M1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT M/C8L,#`P/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#PO='(^#0H@/'1R('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<^#0H@/'1D('9A;&EG;CTS1'1O<#X-"B`\<"!S='EL93TS1"=&3TY4+5-) M6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE#(P M,30[)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO M=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B0\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H M=#XV+C0X/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A M<#TS1&YO=W)A<#XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A M<#TS1&YO=W)A<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[)B-X03`[)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A M<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X M03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B0\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XX+C0T/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B0\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XX+C0T/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D M/@T*(#PO='(^#0H@/"$M+2!%;F0@5&%B;&4@0F]D>2`M+3X\+W1A8FQE/@T* M(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q M,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0 M.B`Q,G!T)SX-"B!4:&4@;W!T:6]N2`D,"XQ(&UI;&QI;VXN/"]P/@T*(#QP('-T>6QE/3-$)TU!4D=)3BU" M3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM M97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`Q.'!T)SX-"B`\:3Y297-T2!M87D@ M9W)A;G0@2!A;&EG;@T* M('-T;V-K:&]L9&5R(&%N9"!E;7!L;WEE92!I;G1E2!R96-OF5D(&]V97(@=&AE(')E<75I2P@86YD(&EF#0H@ MF5D(&%N9"!A;GD-"B!P M6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P M=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O M;6%N.R!-05)'24XM5$]0.B`Q,G!T)SX-"B!4:&4@0V]M<&%N>2!R96-O9VYI M>F5S(&-O;7!E;G-A=&EO;B!E>'!E;G-E(&]F(&$@6QE/3-$)T9/3E0M4TE:13H@.'!T.R!&3TY4 M+49!34E,63H@5&EM97,@3F5W(%)O;6%N)SX-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF M(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H M,"PP+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R M(&%L:6=N/3-$8V5N=&5R/D]U='-T86YD:6YG)B-X03`[870\8G(@+SX-"B!" M96=I;FYI;F$$P.U!E$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B!R9V(H,"PP+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O M;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/E9E$$P.SPO=&0^#0H@/"]T2`M+3X- M"B`\='(@6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%21TE.+4Q%1E0Z(#%E;3L@ M5$585"U)3D1%3E0Z("TQ96TG/@T*(%-H87)E$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!A;&EG;CTS1')I9VAT/C@W,"PR,3<\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L M:6=N/3-$6QE/3-$ M)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49! M34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`Q,G!T)SX-"B!$ M=7)I;F<@=&AE(&YI;F4@;6]N=&AS(&5N9&5D(%-E<'1E;6)E$$P.S,P M+"`R,#$T+"!T:&4@0V]M<&%N>0T*(&=R86YT960@,S0Q+#65A<@T*('!E$$P.S,P+`T*(#(P,30L M('1H92!#;VUP86YY(&-A;F-E;&QE9"`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`R,#$T+"!A;F0@97AP96-TF5D(&]V97(@87!P2!A(&]N92!T;R!F M;W5R+7EE87(@<&5R:6]D+CPO<#X-"B`-"B`-"B`\+V1I=CX\'0O:F%V87-C3X-"B`@ M("`\=&%B;&4@8VQA'0^)SQS<&%N/CPO'0^)SQD:78^#0H@ M/'`@6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I%.B`Q,'!T.R!& M3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM5$]0.B`V<'0G M/@T*(%1H92!#;VUP86YY(&AA2!M86YA9V5M96YT('1O(&)E#0H@8V]V M97)E9"!B>2!I;G-U2!I9B!D971E'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA&)R;"QB;V1Y("TM/@T*(#QP('-T>6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P M=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O M;6%N.R!-05)'24XM5$]0.B`V<'0G/@T*(%1H92!C87)R>6EN9R!A;6]U;G1S M(&%N9"!F86ER('9A;'5E6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I% M.B`Q,G!T.R!-05)'24XM5$]0.B`P<'0G/@T*("8C>$$P.SPO<#X-"B`\=&%B M;&4@6QE/3-$)T9/3E0M4TE:13H@.'!T.R!&3TY4+49! M34E,63H@5&EM97,@3F5W(%)O;6%N)SX-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B!R9V(H,"PP M+#`I(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L M:6=N/3-$8V5N=&5R/CQB/D-A$$P.R8C>$$P.SPO=&0^#0H@/'1D M('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED M)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.R8C>$$P M.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L M,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@8F=C M;VQO$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C$S+#8Q,3PO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[ M)B-X03`[/"]T9#X-"B`\+W1R/@T*(#QT$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C$Q+#0V.#PO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@86QI9VX],T1R:6=H=#XQ,2PT,C4\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@8F=C;VQO$$P.R8C>$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@1D].5"U325I% M.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM M5$]0.B`Q,G!T)SX-"B`\:3Y#87-H(&%N9"!C87-H(&5Q=6EV86QE;G1S(&%N M9"!297-T7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^)SQD:78^#0H@/'`@6QE/3-$)TU!4D=)3BU43U`Z(#9P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;CL@34%21TE.+4)/5%1/33H@,'!T.R!&3TY4+5-)6D4Z(#$P M<'0G/@T*(%1H92!#;VUP86YY(&%C8V]U;G1E9"!F;W(@:71S(&EN=F5S=&UE M;G1S(&EN('1H2!M971H;V0@;V8@86-C;W5N=&EN9RX@5&AE($-O M;7!A;GD-"B!H860@;F]T(&-O;G-O;&ED871E9"!T:&5S92!J;VEN="!V96YT M=7)E(&EN=&5R97-T2!R96-O2!O M9F9S970@8GD@=&AE(&%M;W)T:7IA=&EO;B!O9B!D969E28C>#(P,3D[0T*('=A'0^ M)SQD:78^#0H@/'`@28C>#(P,3D['!E7-E2!P87EO#(P,3D[2!O9F9E65E(&AE86QT:`T*(&%N9"!D96YT86P@8F5N969I=',L M(&YE="!O9B!E;7!L;WEE92!C;VYT0T*(&%R92!S=6)M:71T960@=&\@=&AE($-O M;7!A;GDF(W@R,#$Y.W,@=&AI2!R96-O6UE;G0@=')E;F1S(&]F(&AE86QT:`T*(&EN$$P.S,P+"`R,#$T.PT* M(&AO=V5V97(L(&%C='5A;"!C;&%I;7,@86YD(&5X<&5N2!D:69F M97(N($%N>2!S=6)S97%U96YT#0H@8VAA;F=E2!A2!R97-U;'0@:6X-"B!C;&%I;7,L(&5S=&EM871E2!A9&IU'0^)SQD:78^#0H@ M/'`@'0M#L@3$545$52+5-004-)3D"<^#0H@070@4V5P=&5M8F5R)B-X03`[,S`L(#(P,30L('1H92!#;VUP86YY M(&AA9"!R96-O$$P.VUI;&QI;VX@86YD(&YE="!D969E0T*("0P+C0@;6EL;&EO;BX@1&5F M97)R960@:6YC;VUE('1A>&5S(')E9FQE8W0@=&AE(&YE="!T87@@969F96-T M2!D:69F97)E;F-E6EN9R!A;6]U;G1S(&]F(&%S"!R871E"!D:69F97)E;F-E M"!A#(P,4,[5$U4)B-X,C`Q1#LI M+"!W:&EC:"!E9F9E8W1I=F5L>2!I;7!O"!O;B!M;V1I9FEE9`T* M(&=R;W-S(')E=F5N=65S(&9O&%S+B!$=7)I;F<-"B!T:&4@=&AI2!C;VYS;VQI9&%T960@,S8@5&5X87,@8V]M;75N:71I M97,@86YD('1H92!4350@:6YC6QE/3-$)U1%6%0M M5%)!3E-&3U)-.B!N;VYE.R!-05)'24XM5$]0.B`Q,G!T.R!415A4+4E.1$5. M5#H@,'!X.R!,151415(M4U!!0TE.1SH@;F]R;6%L.R!&3TY4.B`Q,'!T("=4 M:6UE#L@+7=E8FMI="UT97AT+7-T69O2!D:69F97)E;F-E"!A`T*(')A=&5S('1H870@87)E(&5X<&5C M=&5D('1O(&%P<&QY('1O('1A>&%B;&4@:6YC;VUE(&EN('1H92!Y96%R69O6)A8VL@>65A2P@=&\-"B!I;F-R M96%S92!T:&4@=F%L=6%T:6]N(&%L;&]W86YC92!P"!A2!T:&%N(&YO=`T*('1H870@=&AE($-O;7!A;GD@=V]U;&0@&-E2P@=&AE(&)E M;F5F:71S(&]F('1H92!N970-"B!D969E'0M2!I9@T*(&UA;F%G96UE;G0F(W@R,#$Y.W,@87-S97-S;65N="!I M2!O;B!T:&4@=&5C:&YI8V%L(&UE2!IF4@:6YT97)E"!E>'!E;G-E+B!4:&4@0V]M<&%N>2!I6QE/3-$ M)TU!4D=)3BU43U`Z(#$X<'0[($9/3E0M1D%-24Q9.B!4:6UE6QE/3-$)TU! M4D=)3BU43U`Z(#9P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@ M34%21TE.+4)/5%1/33H@,'!T.R!&3TY4+5-)6D4Z(#$P<'0G/@T*($)A2!T:&4-"B!W96EG:'1E M9"!A=F5R86=E(&YU;6)E2!D:6QU=&EV92!S M96-U&-L=61E9"!F$$P.R8C>$$P.SPO M=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(",P,#`P,#`@,7!T M('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.S,P+#PO8CX\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO M=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(",P,#`P,#`@,7!T M('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L6QE/3-$)T9/3E0M1D%- M24Q9.B!4:6UE$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M M0D]45$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O M;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P M86X],T0R(&%L:6=N/3-$8V5N=&5R/CQB/C(P,3,\+V(^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X] M,T0R(&%L:6=N/3-$8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B`C M,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R M(&%L:6=N/3-$8V5N=&5R/CQB/C(P,3,\+V(^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/"]T6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M.R!&3TY4+49!34E,63H@5&EM M97,@3F5W(%)O;6%N.R!-05)'24XM3$5&5#H@,65M.R!&3TY4+5-)6D4Z(#$P M<'0G/@T*($YE="!L;W-S/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/B@U M+#$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`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`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C(X+#(W,SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT@86QI9VX],T1R:6=H=#XR-RPW-CD\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/"]T M6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM3$5&5#H@ M,65M.R!&3TY4+5-)6D4Z(#$P<'0G/@T*($5F9F5C=',@;V8@9&EL=71I=F4@ M$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/CPO=&0^#0H@/"]T6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M.R!&3TY4 M+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM3$5&5#H@,V5M.R!& M3TY4+5-)6D4Z(#$P<'0G/@T*($5M<&QO>65E(&5Q=6ET>2!C;VUP96YS871I M;VX@<&QA;G,\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO M=W)A<#TS1&YO=W)A<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[)B-X03`[ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N M;W=R87`@86QI9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C>$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X M03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A M<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[)B-X03`[)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA!,#LF M(WA!,#L\+W1D/@T*(#PO='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M4TE:13H@ M,7!X)SX-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,7!X M('-O;&ED)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,7!X('-O M;&ED)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#%P M>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#%P>"!S M;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T* M(#PO='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M1D%-24Q9.B!4:6UE$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XR."PR-S,\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS M1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT/CPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT@86QI9VX],T1R:6=H=#XR-RPW-CD\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/"]T M$$P M.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S='EL M93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C>$$P.SPO M<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S M='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C>$$P M.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\ M<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C M>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@ M$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X- M"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G M/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@ M/'`@$$P.SPO9F]N=#X\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;2!A;&EG;CTS1')I9VAT/B@P+C,U/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XI)B-X03`[/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@.'!T M)SXF(WA!,#L\+V9O;G0^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B0\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XH,"XW M,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^ M*28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL M93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT/CPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1% M4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^ M#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/ M4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO M=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$ M)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T* M(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE M/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P M/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/"]T6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M.R!&3TY4+49!34E, M63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM3$5&5#H@,65M.R!&3TY4+5-) M6D4Z(#$P<'0G/@T*($1I;'5T960@;F5T(&QO$$P M.SPO9F]N=#X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/B@P+C,U/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XI)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@.'!T)SXF(WA!,#L\+V9O;G0^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/B0\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX] M,T1R:6=H=#XH,"XW,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R M87`],T1N;W=R87`^*28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@ M6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[ M/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@ M/'`@6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X M03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^ M)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L M92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/"]T M6QE/3-$)TU!4D=)3BU43U`Z(#$R<'0[ M($9/3E0M1D%-24Q9.B!4:6UE2`W,C4L,#`P(&%N9`T*(#@X-RPP,#`@$$P.S,P+"`R,#$T(&%N9"`R,#$S+"!R97-P96-T:79E;'DL(&%N M9"!W97)E(&EN8VQU9&5D#0H@:6X@=&AE(&-O;7!U=&%T:6]N(&]F(&%L;&]C M86)L92!N970@;&]S2!3=&]C:SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQD:78^#0H@/'`@2!A8V-O=6YT#(P,3D[#0H@97%U:71Y M+CPO<#X-"B`\+V1I=CX\6QE/3-$)TU!4D=)3BU43U`Z(#9P=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%21TE.+4)/5%1/33H@ M,'!T.R!&3TY4+5-)6D4Z(#$P<'0G/@T*($EN($%P'!A;F1E9`T*(&1I$$P.S$U+"`R,#$T M.R!H;W=E=F5R+"!E87)L>2!A9&]P=&EO;B!I3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT M4&%R=%\T,F9D-F9C.%\V.3'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^)SQS<&%N/CPO$$P.R8C>$$P M.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(",P,#`P,#`@ M,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.S,P+#PO8CX\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P M.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(",P,#`P,#`@ M,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L6QE/3-$)T9/3E0M M1D%-24Q9.B!4:6UE$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$ M15(M0D]45$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M M(&-O;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M M0D]45$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O M;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/CQB/C(P,3,\+V(^/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]4 M5$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P M86X],T0R(&%L:6=N/3-$8V5N=&5R/CQB/C(P,30\+V(^/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]- M.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X] M,T0R(&%L:6=N/3-$8V5N=&5R/CQB/C(P,3,\+V(^/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/"]T6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M.R!&3TY4+49!34E,63H@ M5&EM97,@3F5W(%)O;6%N.R!-05)'24XM3$5&5#H@,65M.R!&3TY4+5-)6D4Z M(#$P<'0G/@T*($YE="!L;W-S/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT M/B@U+#$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`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`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C(X+#(W,SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[ M/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@86QI9VX],T1R:6=H=#XR-RPW-CD\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@ M/"]T6QE/3-$)U1%6%0M24Y$14Y4.B`M M,65M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM3$5& M5#H@,65M.R!&3TY4+5-)6D4Z(#$P<'0G/@T*($5F9F5C=',@;V8@9&EL=71I M=F4@$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M/CPO=&0^#0H@/"]T6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M.R!& M3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM3$5&5#H@,V5M M.R!&3TY4+5-)6D4Z(#$P<'0G/@T*($5M<&QO>65E(&5Q=6ET>2!C;VUP96YS M871I;VX@<&QA;G,\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R M87`],T1N;W=R87`^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M(&YO=W)A<#TS1&YO=W)A<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[)B-X M03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS M1&YO=W)A<#XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS M1&YO=W)A<#XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W M$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`@86QI9VX],T1R:6=H=#X-"B`F(W@R,#$T.R8C>$$P.R8C>$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^ M)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^ M)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<"!A;&EG;CTS1')I9VAT/@T*("8C>#(P,30[)B-X03`[)B-X03`[/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XF(WA! M,#LF(WA!,#L\+W1D/@T*(#PO='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M4TE: M13H@,7!X)SX-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@ M,7!X('-O;&ED)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/@T*(#QP('-T>6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,7!X M('-O;&ED)SXF(WA!,#L\+W`^#0H@/"]T9#X-"B`\=&0^)B-X03`[/"]T9#X- M"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P M(#%P>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D('9A;&EG;CTS M1&)O='1O;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#%P M>"!S;VQI9"<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI M9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT^#0H@/'`@$$P.SPO<#X-"B`\+W1D/@T*(#QT9#XF(WA!,#L\+W1D M/@T*(#PO='(^#0H@/'1R('-T>6QE/3-$)T9/3E0M1D%-24Q9.B!4:6UE$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F M;VYT/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XR."PR-S,\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P M.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL M93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT/CPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@86QI9VX],T1R:6=H=#XR-RPW-CD\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@ M/"]T$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\<"!S M='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C>$$P M.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`\ M<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G/B8C M>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@ M$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X- M"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B;&4G M/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@ M/'`@$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3X-"B`\<"!S='EL93TS1"="3U)$15(M5$]0.B`C,#`P,#`P(#-P>"!D;W5B M;&4G/B8C>$$P.SPO<#X-"B`\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M#0H@/'`@$$P.SPO9F]N=#X\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/B@P+C,U/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XI)B-X03`[/"]T9#X-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M.'!T)SXF(WA!,#L\+V9O;G0^/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M M/B0\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#XH M,"XW,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R M87`^*28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S M='EL93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F;VYT/CPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\=&0@=F%L:6=N/3-$ M8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA! M,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$)T)/ M4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T*(#PO M=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE/3-$ M)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P/@T* M(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@6QE M/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[/"]P M/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@/'`@ M6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X03`[ M/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/"]T6QE/3-$)U1%6%0M24Y$14Y4.B`M,65M.R!&3TY4+49! M34E,63H@5&EM97,@3F5W(%)O;6%N.R!-05)'24XM3$5&5#H@,65M.R!&3TY4 M+5-)6D4Z(#$P<'0G/@T*($1I;'5T960@;F5T(&QO$$P.SPO9F]N=#X\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/B@P+C,U/"]T M9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#XI)B-X M03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@.'!T)SXF(WA!,#L\+V9O;G0^/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M/B0\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@86QI M9VX],T1R:6=H=#XH,"XW,#PO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N M;W=R87`],T1N;W=R87`^*28C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#AP="<^)B-X03`[/"]F M;VYT/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)T9/3E0M4TE:13H@,7!X)SX-"B`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@ M/'`@6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^)B-X M03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^ M#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L92<^ M)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O=6)L M92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT^#0H@/'`@6QE/3-$)T)/4D1%4BU43U`Z(",P,#`P,#`@,W!X(&1O M=6)L92<^)B-X03`[/"]P/@T*(#PO=&0^#0H@/'1D/B8C>$$P.SPO=&0^#0H@ M/"]T7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA6QE/3-$)TU!4D=)3BU"3U143TTZ M(#!P=#L@1D].5"U325I%.B`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W M(%)O;6%N.R!-05)'24XM5$]0.B`Q,G!T)SX-"B!!('-U;6UA6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P M=#L@1D].5"U325I%.B`Q,G!T.R!-05)'24XM5$]0.B`P<'0G/@T*("8C>$$P M.SPO<#X-"B`\=&%B;&4@$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$ M)T)/4D1%4BU"3U143TTZ(",P,#`P,#`@,7!T('-O;&ED)R!V86QI9VX],T1B M;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('9A M;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!S='EL93TS M1"="3U)$15(M0D]45$]-.B`C,#`P,#`P(#%P="!S;VQI9"<@=F%L:6=N/3-$ M8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$8V5N=&5R/D9O$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT M9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`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`Q,'!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N M.R!-05)'24XM5$]0.B`Q,G!T)SX-"B!!('-U;6UA$$P.R8C>$$P.SPO M=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(",P,#`P,#`@,7!T M('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\ M+W1D/@T*(#QT9"!S='EL93TS1"="3U)$15(M0D]45$]-.B`C,#`P,#`P(#%P M="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M(&-O;'-P86X],T0R(&%L:6=N/3-$ M8V5N=&5R/E9E$$P M.SPO=&0^#0H@/"]T6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;CL@34%2 M1TE.+4Q%1E0Z(#%E;3L@5$585"U)3D1%3E0Z("TQ96TG/@T*(%-H87)E$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C@W,"PR,3<\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT@;F]W$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\ M+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P M.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D M/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L M:6=N/3-$8F]T=&]M(&%L:6=N/3-$3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M M;#L@8VAA6EN9R!!;6]U;G1S(&%N9"!&86ER(%9A;'5E6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA) M5$4M4U!!0T4Z(&YO'0M M6EN9R!A;6]U;G1S(&%N M9"!F86ER('9A;'5E6QE/3-$)TU!4D=)3BU"3U143TTZ(#!P=#L@5TA)5$4M4U!!0T4Z M(&YO'0M$$P.SPO<#X-"B`\=&%B;&4@#L@3$545$52+5-004-)3D#L@+7=E8FMI="UT97AT+7-T6QE/3-$)T9/3E0M4TE:13H@.'!T.R!& M3TY4+49!34E,63H@)U1I;65S($YE=R!2;VUA;B$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ M(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$)T)/4D1%4BU" M3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@ M8V]L$$P.R8C>$$P.SPO=&0^#0H@/'1D('-T>6QE/3-$ M)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O;&ED)R!V86QI9VX] M,T1B;W1T;VT@8V]L$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('-T>6QE/3-$)T)/4D1%4BU"3U143TTZ(')G8B@P+#`L,"D@,7!T('-O M;&ED)R!V86QI9VX],T1B;W1T;VT@8V]L6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ("=4:6UE6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ("=4:6UE$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF M(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT^)#PO=&0^ M#0H@/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/C(W+#@Q-CPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`^)B-X M03`[)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C M>$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XD/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$$$P.R8C>$$P.SPO=&0^ M#0H@/"]T$$P.R8C>$$P.SPO=&0^#0H@/'1D M('9A;&EG;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B M;W1T;VT@86QI9VX],T1R:6=H=#XQ,2PT-C@\+W1D/@T*(#QT9"!V86QI9VX] M,T1B;W1T;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T*(#QT9"!V M86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N/3-$8F]T M=&]M(&%L:6=N/3-$$$P.SPO=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O M;2!A;&EG;CTS1')I9VAT/C$Q+#0R-3PO=&0^#0H@/'1D('9A;&EG;CTS1&)O M='1O;2!N;W=R87`],T1N;W=R87`^)B-X03`[)B-X03`[/"]T9#X-"B`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C>$$P.R8C>$$P.SPO=&0^#0H@/'1D('9A;&EG M;CTS1&)O='1O;3XF(WA!,#L\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T;VT@ M86QI9VX],T1R:6=H=#XQ,2PT,C4\+W1D/@T*(#QT9"!V86QI9VX],T1B;W1T M;VT@;F]W$$P.R8C>$$P.SPO=&0^#0H@/"]T$$P.R8C>$$P.SPO M=&0^#0H@/'1D('9A;&EG;CTS1&)O='1O;3XF(WA!,#LF(WA!,#L\+W1D/@T* M(#QT9"!V86QI9VX],T1B;W1T;VT^)B-X03`[/"]T9#X-"B`\=&0@=F%L:6=N M/3-$8F]T=&]M(&%L:6=N/3-$7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAAF%T:6]N+"!#;VYS;VQI9&%T:6]N(&%N9"!0'0^)SQS<&%N/CPO2!C;VUP86YY/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$;G5M<#XQ,38\2!O9B!R97-I9&5N=',@:6X@8V]M<&%N>2!O<&5R871E9"!S96YI;W(@ M;&EV:6YG(&-O;6UU;FET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XQ-2PP,#`\3PO=&0^#0H@("`@("`@(#QT9"!C;&%S3PO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%\T,F9D-F9C.%\V.3'0O:'1M;#L@8VAA2!O9B!3 M:6=N:69I8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S("T@061D:71I;VYA;"!) M;F9O&-E<'0@4VAA'0^)SQS<&%N/CPO'0^)SQS M<&%N/CPO2!C;VUP86YY/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,#QS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO"!P M;W-I=&EO;B!M87AI;75M('!E'0^)SQS<&%N/CPO7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA'0^)SQS<&%N/CPO'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO2!T:&4@8V]M<&%N>3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N M/CPO2!M971H;V0@;V8@86-C;W5N=&EN9R!B>2!T:&4@ M8V]M<&%N>3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO M'0^)SQS<&%N/CPO'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M M;#L@8VAA3QB'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M&5D(')A=&4@ M;V8@1F%N;FEE($UA93PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M65A65A'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)S$P('EE87)S/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO2!I;G1E'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO M'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO2!I;G1E2!C;VUP86YY/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XG/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS<&%N/CPO'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^)S$P('EE87)S/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPOF5D/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$=&5X=#XG/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO'0^)S,P('EE87)S/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)S,P('EE87)S/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)TQ)0D]2 M('!L=7,@,BXW-24\'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO2!A;F0@ M97%U:7!M96YT/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,S(L M.3`P+#`P,#QS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA3QB'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N/CPO M65A M'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^)SQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`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`@("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO M'0^ M)S$R('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)SQS<&%N/CPO'0O:F%V87-C3X-"B`@ M("`\=&%B;&4@8VQA6UO=71H(%1R86YS86-T:6]N(%M-96UB97)= M/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S2`S,2P@,C`Q-#QB2!;365M8F5R73QB2!;365M8F5R73QB M2!;365M8F5R73QB'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^ M)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO65A65A65A'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)S$R('EE87)S/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO65A'0^)S$P M('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)S,P('EE M87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)S,P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO65A65A65A'0^ M)S,P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)S,P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO65A'0^)S,P('EE87)S M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)S$R('EE87)S/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQS M<&%N/CPO65A'0^)S$P('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`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`@("`@(#QT9"!C;&%S'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)S(T(&UO;G1H'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO3PO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M M;#L@8VAA2!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&5X=#XG/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^)SQS<&%N/CPO'0^ M)SQS<&%N/CPO2=S(&-O M;6UO;B!S=&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO'0^ M)SQS<&%N/CPO3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M M;#L@8VAA6UE;G0@ M07=A'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS M<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)S$@>65A'0^)SQS<&%N/CPO&EM=6T\+W1D/@T*("`@("`@("`\=&0@8VQA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'!E;G-E+"!-:6YI;75M/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XG,R!Y96%R'0^)SQS<&%N M/CPO&EM=6T\+W1D/@T*("`@("`@("`\=&0@8VQA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS M<&%N/CPO'0^ M)S$@>65A'0^)SQS M<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N M/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO6EE;&0\+W1D/@T*("`@("`@("`\=&0@8VQA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'!E;G-E(&EN8VQU9&EN9R!F;W)F96ET=7)E'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^ M)SQS<&%N/CPO'0^)SQS<&%N/CPO'0^)SQS<&%N M/CPO'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA&5R8VES960\+W1D/@T*("`@("`@("`\=&0@8VQA&5R8VES92!P&5R8VES86)L M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V M.3'0O:'1M;#L@8VAA6UE;G0@07=A3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,F9D-F9C.%\V.3'0O:'1M M;#L@8VAA6EN M9R!!;6]U;G0@6TUE;6)E'0^ M)SQS<&%N/CPO6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO6%B;&4\+W1D/@T*("`@ M("`@("`\=&0@8VQA7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\] M,T0B=7)N.G-C:&5M87,M;6EC'1087)T7S0R9F0V9F,X7S8Y-S=? :-&8Q9E]A,3$T7V$S8F(V-60R93%A,BTM#0H` ` end XML 17 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation - Additional Information (Detail) (USD $)
9 Months Ended 0 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
May 08, 2007
2007 Omnibus Stock and Incentive Plan [Member]
May 08, 2007
1997 Plan [Member]
Sep. 30, 2014
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Authorized shares of common stock     2,600,000    
Additional shares granted       0  
Stock options vesting period, Minimum 1 year        
Stock options vesting period, Maximum 5 years        
Intrinsic value of stock options outstanding and exercisable $ 100,000        
Period of recognition for compensation expense, Minimum 3 years        
Period of recognition for compensation expense, Maximum 4 years        
Compensation expense recognized 0        
Restricted stock outstanding, intrinsic value         15,200,000
Restricted common stock, Granted         341,716
Performance-based restricted stock, Granted         121,667
Average market value of common stock awarded to certain employees of company $ 25.41        
Restricted stock award vesting period, Minimum         1 year
Restricted stock award vesting period, Maximum         4 years
Restricted stock outstanding 8,700,000        
Number of shares cancelled         104,643
Shares related to forfeiture         15,000
Shares related to stock awards         89,643
Expected dividend yield 0.00%        
Stock option issued 0 0      
Stock based compensation expense including forfeitures which was not recognized $ 8,400,000        
Expected period of expenses, Minimum 1 year        
Expected period of expenses, Maximum 4 years        

XML 18 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity - Additional Information (Detail) (USD $)
In Millions, except Share data, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2009
Dec. 31, 2013
Jan. 22, 2009
Equity [Abstract]        
Preferred stock, shares outstanding 0   0  
Authorization for purchase of company's common stock       $ 10.0
Purchase common stock shares 0 349,800    
Average cost of per share   $ 2.67    
Purchase common stock value   $ 0.9    
XML 19 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation - Stock Option Activity and Related Information (Detail) (USD $)
9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Shares, Outstanding at Beginning of Period 19,000
Shares, Granted 0
Shares, Exercised 13,000
Shares, Forfeited 0
Shares, Outstanding at End of Period 6,000
Shares, Options Exercisable 6,000
Weighted average exercise price per share, Outstanding at Beginning of Period $ 7.10
Weighted average exercise price per share, Granted $ 0
Weighted average exercise price per share, Exercised $ 6.48
Weighted average exercise price per share, Forfeited $ 0
Weighted average exercise price per share, Outstanding at End of Period $ 8.44
Weighted average exercise price per share, Options Exercisable $ 8.44
XML 20 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation - Restricted Stock Awards Activity and Related Information (Detail) (Restricted Stock [Member])
9 Months Ended
Sep. 30, 2014
Restricted Stock [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Shares, Outstanding at Beginning of Period 870,217
Shares, Granted 341,716
Shares, Vested 392,047
Shares, Forfeited/Cancelled 104,643
Shares, Outstanding at End of Period 715,243
XML 21 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Transactions with Affiliates
9 Months Ended
Sep. 30, 2014
Related Party Transactions [Abstract]  
Transactions with Affiliates

3. TRANSACTIONS WITH AFFILIATES

SHPIII/CSL Miami

In May 2007, the Company with Senior Housing Partners III, L.P. (“SHPIII”) formed SHPIII/CSL Miami, LLC (“SHPIII/CSL Miami”) to develop a senior housing community in Miamisburg, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Miami for its 10% interest. The Company accounted for its investment in SHPIII/CSL Miami under the equity method of accounting and recognized earnings (losses) in the equity of SHPIII/CSL Miami of $8,500 and $(600) during the six month periods ended June 30, 2014 and 2013, respectively. In addition, the Company earned $0.1 million in management fees on the SHPIII/CSL Miami community in each of the six month periods ended June 30, 2014 and 2013. On June 30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Miami. For additional information refer to Note 4, “Acquisitions.”

SHPIII/CSL Richmond Heights

In November 2007, the Company with SHPIII formed SHPIII/CSL Richmond Heights, LLC (“SHPIII/CSL Richmond Heights”) to develop a senior housing community in Richmond Heights, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Richmond Heights for its 10% interest. The Company accounted for its investment in SHPIII/CSL Richmond Heights under the equity method of accounting and recognized earnings in the equity of SHPIII/CSL Richmond Heights of $70,700 and $23,700 during the six month periods ended June 30, 2014 and 2013, respectively. In addition, the Company earned $0.2 million and $0.1 million in management fees on the SHPIII/CSL Richmond Heights community during the six month periods ended June 30, 2014 and 2013, respectively. On June 30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Richmond Heights. For additional information refer to Note 4, “Acquisitions.”

SHPIII/CSL Levis Commons

In December 2007, the Company with SHPIII formed SHPIII/CSL Levis Commons, LLC (“SHPIII/CSL Levis Commons”) to develop a senior housing community near Toledo, Ohio. Under the joint venture and related agreements, the Company earned development and management fees and could receive incentive distributions. The Company had contributed $0.8 million to SHPIII/CSL Levis Commons for its 10% interest. The Company accounted for its investment in SHPIII/CSL Levis Commons under the equity method of accounting and recognized earnings in the equity of SHPIII/CSL Levis Commons of $25,400 and $9,900 during the six month periods ended June 30, 2014 and 2013, respectively. In addition, the Company earned $0.1 million in management fees on the SHPIII/CSL Levis Commons community in each of the six month periods ended June 30, 2014 and 2013. On June 30, 2014, the Company acquired 100% of the member interests in SHPIII/CSL Levis Commons. For additional information refer to Note 4, “Acquisitions.”

XML 22 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value of Financial Instruments - Carrying Amounts and Fair Values of Financial Instruments (Detail) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Carrying Amount [Member]
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents $ 27,816 $ 13,611
Restricted cash 11,468 11,425
Notes payable 624,921 479,294
Fair Value [Member]
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 27,816 13,611
Restricted cash 11,468 11,425
Notes payable $ 601,472 $ 459,708
XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 27,816 $ 13,611
Restricted cash 11,468 11,425
Accounts receivable, net 5,716 3,752
Accounts receivable from affiliates 6 416
Federal and state income taxes receivable 5,214 5,123
Deferred taxes 441 845
Property tax and insurance deposits 10,660 11,036
Prepaid expenses and other 3,525 6,605
Total current assets 64,846 52,813
Property and equipment, net 774,211 649,967
Investments in unconsolidated joint ventures   1,010
Other assets, net 40,696 41,759
Total assets 879,753 745,549
Current liabilities:    
Accounts payable 4,052 3,813
Accounts payable to affiliates 11 1
Accrued expenses 32,524 29,321
Current portion of notes payable 37,636 11,918
Current portion of deferred income 13,376 11,215
Current portion of capital lease and financing obligations 981 948
Customer deposits 1,606 1,489
Total current liabilities 90,186 58,705
Deferred income 16,464 18,021
Capital lease and financing obligations, net of current portion 40,430 41,093
Deferred taxes 441 845
Other long-term liabilities 1,459 1,559
Notes payable, net of current portion 587,285 467,376
Commitments and contingencies      
Shareholders' equity:    
Preferred stock, $.01 par value: Authorized shares - 15,000; no shares issued or outstanding 0 0
Common stock, $.01 par value: Authorized shares - 65,000; issued and outstanding shares - 29,095 and 28,845 in 2014 and 2013, respectively 294 292
Additional paid-in capital 149,482 143,721
Retained (deficit) earnings (5,354) 14,871
Treasury stock, at cost - 350 shares (934) (934)
Total shareholders' equity 143,488 157,950
Total liabilities and shareholders' equity $ 879,753 $ 745,549
XML 24 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Basis of Presentation
9 Months Ended
Sep. 30, 2014
Accounting Policies [Abstract]  
Basis of Presentation

1. BASIS OF PRESENTATION

Capital Senior Living Corporation, a Delaware corporation (together with its subsidiaries, the “Company”), is one of the largest operators of senior living communities in the United States in terms of resident capacity. The Company owns, operates and manages senior living communities in geographically concentrated regions throughout the United States. As of September 30, 2014, the Company operated 116 senior living communities in 26 states with an aggregate capacity of approximately 15,000 residents, including 66 senior living communities which the Company owned and 50 senior living communities that the Company leased. As of September 30, 2014, the Company also operated one home care agency. The accompanying consolidated financial statements include the financial statements of Capital Senior Living Corporation and its wholly owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. The Company accounts for significant investments in unconsolidated companies, in which the Company has significant influence, using the equity method of accounting.

The accompanying Consolidated Balance Sheet, as of December 31, 2013, has been derived from audited consolidated financial statements of the Company for the year ended December 31, 2013, and the accompanying unaudited consolidated financial statements, as of and for the three and nine month periods ended September 30, 2014 and 2013, have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to those rules and regulations. For further information, refer to the financial statements and notes thereto for the year ended December 31, 2013, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 3, 2014.

In the opinion of the Company, the accompanying consolidated financial statements contain all adjustments (all of which were normal recurring accruals) necessary to present fairly the Company’s financial position as of September 30, 2014, results of operations for the three and nine month periods ended September 30, 2014 and 2013, and cash flows for the nine month periods ended September 30, 2014 and 2013. The results of operations for the three and nine month periods ended September 30, 2014, are not necessarily indicative of the results for the year ending December 31, 2014.

XML 25 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Transactions with Affiliates - Additional Information (Detail) (USD $)
3 Months Ended 9 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
May 31, 2007
SHPIII/CSL Miami [Member]
Jun. 30, 2014
SHPIII/CSL Miami [Member]
Jun. 30, 2013
SHPIII/CSL Miami [Member]
Nov. 30, 2007
SHPIII/CSL Richmond Heights [Member]
Jun. 30, 2014
SHPIII/CSL Richmond Heights [Member]
Jun. 30, 2013
SHPIII/CSL Richmond Heights [Member]
Dec. 31, 2007
SHPIII/CSL Levis Commons [Member]
Jun. 30, 2014
SHPIII/CSL Levis Commons [Member]
Jun. 30, 2013
SHPIII/CSL Levis Commons [Member]
Schedule of Equity Method Investments [Line Items]                        
Contributed to interest by the company       $ 800,000     $ 800,000     $ 800,000    
Company ownership percentage ratio       10.00%     10.00%     10.00%    
Investment under the recognized earnings (losses) in the equity method of accounting by the company 43,000 105,000 76,000   8,500 (600)   70,700 23,700   25,400 9,900
Affiliated management services revenue $ 205,000 $ 415,000 $ 586,000   $ 100,000 $ 100,000   $ 200,000 $ 100,000   $ 100,000 $ 100,000
Percentage of member interest   100.00%     100.00%     100.00%     100.00%  
XML 26 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions - Additional Information 1 (Detail) (USD $)
In Millions, unless otherwise specified
0 Months Ended 0 Months Ended 0 Months Ended
Dec. 24, 2013
Anderson, Indiana [Member]
Assisted_Living_Unit
Independent_Living_Unit
Community
Dec. 24, 2013
Anderson, Indiana [Member]
Community
Dec. 24, 2013
Dillon Pointe Transaction [Member]
Assisted_Living_Unit
Community
Dec. 24, 2013
Dillon Pointe Transaction [Member]
Community
Oct. 31, 2013
Whitcomb House Transaction [Member]
Assisted_Living_Unit
Community
Business Acquisition [Line Items]          
Number of acquisition closed   3   1 1
Acquisition cost   $ 57.0   $ 7.9 $ 15.8
Number of independent living units 48        
Number of assisted living units 304   36   68
Transaction cost of acquisition 0.3   0.1   0.2
Long term finance of Fannie Mae   $ 43.7   $ 5.6 $ 11.9
Long term fixed rate of Fannie Mae   5.56%   5.56% 5.38%
Maximum period for expansion of permanent financing 10 years   10 years   10 years
XML 27 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 28 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies
9 Months Ended
Sep. 30, 2014
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Investments in Unconsolidated Joint Ventures

The Company accounted for its investments in three unconsolidated joint ventures under the equity method of accounting. The Company had not consolidated these joint venture interests because the Company had concluded that the other member of each joint venture had substantive kick-out rights or substantive participating rights. Under the equity method of accounting, the Company recorded its investments in unconsolidated joint ventures at cost and adjusted such investments for its share of earnings and losses of the joint ventures. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions.”

Lease Accounting

The Company determines whether to account for its leases as either operating, capital or financing leases depending on the underlying terms of each lease agreement. This determination of classification is complex and requires significant judgment relating to certain information including the estimated fair value and remaining economic life of the community, the Company’s cost of funds, minimum lease payments and other lease terms. As of September 30, 2014, the Company leased 50 senior living communities, 48 of which the Company classified as operating leases and two of which the Company classified as capital lease and financing obligations. The Company incurs lease acquisition costs and amortizes these costs over the term of the respective lease agreement. Certain leases entered into by the Company qualified as sale/leaseback transactions, and as such, any related gains have been deferred and are being amortized over the respective lease term. Facility lease expense in the Company’s Consolidated Statements of Operations and Comprehensive Loss includes rent expense plus amortization expense relating to leasehold acquisition costs slightly offset by the amortization of deferred gains and lease incentives. There are various financial covenants and other restrictions in the Company’s lease agreements. The Company was in compliance with all of its lease covenants at September 30, 2014.

Credit Risk and Allowance for Doubtful Accounts

The Company’s resident receivables are generally due within 30 days from the date billed. Accounts receivable are reported net of an allowance for doubtful accounts, and represent the Company’s estimate of the amount that ultimately will be collected. The adequacy of the Company’s allowance for doubtful accounts is reviewed on an ongoing basis, using historical payment trends, write-off experience, analyses of receivable portfolios by payor source and aging of receivables, as well as a review of specific accounts, and adjustments are made to the allowance as necessary. Credit losses on resident receivables have historically been within management’s estimates, and management believes that the allowance for doubtful accounts adequately provides for expected losses.

Employee Health and Dental Benefits and Insurance Reserves

The Company offers certain full-time employees an option to participate in its health and dental plans. The Company is self-insured up to certain limits and is insured if claims in excess of these limits are incurred. The cost of employee health and dental benefits, net of employee contributions, is shared between the corporate office and the senior living communities based on the respective number of plan participants. Funds collected are used to pay the actual program costs including estimated annual claims, third-party administrative fees, network provider fees, communication costs, and other related administrative costs incurred by the plans. Claims are paid as they are submitted to the Company’s third-party administrator. The Company records a liability for outstanding claims and claims that have been incurred but not yet reported. This liability is based on the historical claim reporting lag and payment trends of health insurance claims. Management believes that the liability for outstanding losses and expenses is adequate to cover the ultimate cost of losses and expenses incurred at September 30, 2014; however, actual claims and expenses may differ. Any subsequent changes in estimates are recorded in the period in which they are determined.

The Company uses a combination of insurance and self-insurance for workers’ compensation. Determining the reserve for workers’ compensation losses and costs that the Company has incurred as of the end of a reporting period involves significant judgments based on projected future events including potential settlements for pending claims, known incidents which may result in claims, estimates of incurred but not yet reported claims, changes in insurance premiums, estimated litigation costs and other factors. The Company regularly adjusts these estimates to reflect changes in the foregoing factors. However, since this reserve is based on estimates, the actual expenses incurred may differ from the amounts reserved. Any subsequent changes in estimates are recorded in the period in which they are determined.

Income Taxes

At September 30, 2014, the Company had recorded on its Consolidated Balance Sheet net deferred tax assets of approximately $0.4 million and net deferred tax liabilities of approximately $0.4 million. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The effective tax rates for the first nine month periods and third quarters of fiscal 2014 and 2013 differ from the statutory tax rates due to state income taxes, permanent tax differences, and changes in the deferred tax asset valuation allowance. The Company is impacted by the Texas Margin Tax (“TMT”), which effectively imposes tax on modified gross revenues for communities within the State of Texas. During the third quarter of fiscal 2014 and third quarter of fiscal 2013, the Company consolidated 36 Texas communities and the TMT increased the overall provision for income taxes.

Income taxes are computed using the asset and liability method and current income taxes are recorded based on amounts refundable or payable in the current year. Deferred income taxes are recorded based on the estimated future tax effects of loss carryforwards and temporary differences between financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates that are expected to apply to taxable income in the years in which we expect those carryforwards and temporary differences to be recovered or settled. Management regularly evaluates the future realization of deferred tax assets and provides a valuation allowance, if considered necessary, based on such evaluation. As part of the evaluation, management has evaluated taxable income in carryback years, future reversals of taxable temporary differences, feasible tax planning strategies, and future expectations of income. Based upon this analysis, an adjustment to the valuation allowance of $2.1 million and $7.5 million was recorded during the third quarters of fiscal 2014 and 2013, respectively, to increase the valuation allowance provided to $16.3 million and $7.5 million at September 30, 2014 and 2013, respectively, and reduce the Company’s net deferred tax assets to the amount that is more likely than not to be realized. However, in the event that we were to determine that it would be more likely than not that the Company would realize the benefit of deferred tax assets in the future in excess of their net recorded amounts, adjustments to deferred tax assets would increase net income in the period such determination was made. Additionally, the benefits of the net deferred tax assets might not be realized if actual results differ from expectations.

The Company evaluates uncertain tax positions through consideration of accounting and reporting guidance on criteria, measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition that is intended to provide better financial-statement comparability among different companies. The Company is required to recognize a tax benefit in its financial statements for an uncertain tax position only if management’s assessment is that such position is “more likely than not” (i.e., a greater than 50% likelihood) to be upheld on audit based only on the technical merits of the tax position. The Company’s policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as income tax expense. The Company is generally no longer subject to federal and state income tax audits for tax years prior to 2010.

Net Loss Per Share

Basic net loss per common share is computed by dividing net loss remaining after allocation to unvested restricted shares by the weighted average number of common shares outstanding for the period. Potentially dilutive securities consist of unvested restricted shares and shares that could be issued under outstanding stock options. Potentially dilutive securities are excluded from the computation of net loss per common share if their effect is antidilutive.

The following table sets forth the computation of basic and diluted net loss per common share (in thousands, except for per share amounts):

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Net loss

   $ (5,759   $ (9,963   $ (20,225   $ (14,109

Net loss allocated to unvested restricted shares

   $ (143   $ (309   $ (513   $ (441

Undistributed net loss allocated to common shares

   $ (5,616   $ (9,654   $ (19,712   $ (13,668

Weighted average shares outstanding – basic

     28,371        27,911        28,273        27,769   

Effects of dilutive securities:

        

Employee equity compensation plans

     —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding – diluted

     28,371        27,911        28,273        27,769   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic net loss per share

   $ (0.20   $ (0.35   $ (0.70   $ (0.49
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net loss per share

   $ (0.20   $ (0.35   $ (0.70   $ (0.49
  

 

 

   

 

 

   

 

 

   

 

 

 

Awards of unvested restricted stock representing approximately 715,000 and 884,000 shares were outstanding for the three months ended September 30, 2014 and 2013, respectively, and awards of unvested restricted stock representing approximately 725,000 and 887,000 shares were outstanding for the nine months ended September 30, 2014 and 2013, respectively, and were included in the computation of allocable net loss.

Treasury Stock

The Company accounts for treasury stock under the cost method and includes treasury stock as a component of stockholders’ equity.

Recently Issued Accounting Guidance

In April 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new and expanded disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The guidance provided in ASU 2014-08 is applied prospectively and is effective for fiscal years beginning on or after December 15, 2014; however, early adoption is permitted.

XML 29 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (Parenthetical) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Statement of Financial Position [Abstract]    
Preferred stock, par value $ 0.01 $ 0.01
Preferred stock, shares authorized 15,000,000 15,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 65,000,000 65,000,000
Common stock, shares issued 29,095,000 28,845,000
Common stock, shares outstanding 29,095,000 28,845,000
Treasury stock, shares 350,000 350,000
XML 30 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Activity and Related Information

A summary of the Company’s stock option activity and related information for the nine month period ended September 30, 2014, is presented below:

 

     Outstanding at
Beginning of
Period
     Granted      Exercised      Forfeited      Outstanding at
End of Period
     Options
Exercisable
 

Shares

     19,000         —           13,000         —           6,000         6,000   

Weighted average exercise price per share

   $ 7.10       $ —         $ 6.48       $ —         $ 8.44       $ 8.44   
Restricted Stock Awards Activity and Related Information

A summary of the Company’s restricted stock awards activity and related information for the nine month period ended September 30, 2014, is presented below:

 

     Outstanding at
Beginning of
Period
     Granted      Vested      Forfeited/Cancelled      Outstanding at
End of Period
 

Shares

     870,217         341,716         392,047         104,643         715,243   
XML 31 R1.htm IDEA: XBRL DOCUMENT v2.4.0.8
Document and Entity Information
9 Months Ended
Sep. 30, 2014
Oct. 31, 2014
Document And Entity Information [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Sep. 30, 2014  
Document Fiscal Year Focus 2014  
Document Fiscal Period Focus Q3  
Trading Symbol CSU  
Entity Registrant Name CAPITAL SENIOR LIVING CORP  
Entity Central Index Key 0001043000  
Current Fiscal Year End Date --12-31  
Entity Filer Category Accelerated Filer  
Entity Common Stock, Shares Outstanding   29,093,006
XML 32 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2014
Fair Value Disclosures [Abstract]  
Carrying Amounts and Fair Values of Financial Instruments

The carrying amounts and fair values of financial instruments at September 30, 2014, and December 31, 2013, are as follows (in thousands):

 

     2014      2013  
     Carrying
Amount
     Fair Value      Carrying
Amount
     Fair Value  

Cash and cash equivalents

   $ 27,816       $ 27,816       $ 13,611       $ 13,611   

Restricted cash

     11,468         11,468         11,425         11,425   

Notes payable

     624,921         601,472         479,294         459,708   

XML 33 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Resident and health care revenue $ 98,466 $ 86,333 $ 280,240 $ 256,409
Affiliated management services revenue   205 415 586
Community reimbursement revenue 17 1,445 3,110 4,432
Total revenues 98,483 87,983 283,765 261,427
Expenses:        
Operating expenses (exclusive of facility lease expense and depreciation and amortization expense shown below) 59,992 52,936 171,268 154,186
General and administrative expenses 5,515 5,026 15,137 15,029
Facility lease expense 14,841 14,274 44,524 42,813
Stock-based compensation expense 1,599 869 5,676 3,158
Depreciation and amortization 13,840 10,533 35,607 33,183
Community reimbursement expense 17 1,445 3,110 4,432
Total expenses 95,804 85,083 275,322 252,801
Income from operations 2,679 2,900 8,443 8,626
Other income (expense):        
Interest income 12 17 40 138
Interest expense (8,255) (5,943) (22,785) (17,321)
Write-off of deferred loan costs and prepayment premiums     (6,979)  
Joint venture equity investment valuation gain     1,519  
(Loss) Gain on disposition of assets, net (1) 13 (11) 12
Equity in earnings of unconsolidated joint ventures, net   43 105 76
Other income 5 10 22 28
Loss before provision for income taxes (5,560) (2,960) (19,646) (8,441)
Provision for income taxes (199) (7,003) (579) (5,668)
Net loss (5,759) (9,963) (20,225) (14,109)
Per share data:        
Basic net loss per share $ (0.20) $ (0.35) $ (0.70) $ (0.49)
Diluted net loss per share $ (0.20) $ (0.35) $ (0.70) $ (0.49)
Weighted average shares outstanding - basic 28,371 27,911 28,273 27,769
Weighted average shares outstanding - diluted 28,371 27,911 28,273 27,769
Comprehensive loss $ (5,759) $ (9,963) $ (20,225) $ (14,109)
XML 34 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation
9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation

7. STOCK-BASED COMPENSATION

The Company recognizes compensation expense for share-based stock awards to certain employees and directors, including grants of employee stock options and awards of restricted stock, in the Company’s Consolidated Statements of Operations and Comprehensive Loss based on their fair values.

On May 8, 2007, the Company’s stockholders approved the 2007 Omnibus Stock and Incentive Plan for Capital Senior Living Corporation (as amended, the “2007 Plan”), which provides for, among other things, the grant of restricted stock awards and stock options to purchase shares of the Company’s common stock. The 2007 Plan authorizes the Company to issue up to 2.6 million shares of common stock and the Company has reserved shares of common stock for future issuance pursuant to awards under the 2007 Plan. Effective May 8, 2007, the 1997 Omnibus Stock and Incentive Plan (as amended, the “1997 Plan”) was terminated and no additional shares will be granted under the 1997 Plan. The Company has reserved shares of common stock for future issuance upon the exercise of stock options that remain outstanding pursuant to the 1997 Plan.

Stock Options

The Company’s stock option program is a long-term retention program that is intended to attract, retain and provide incentives for employees, officers and directors and to more closely align stockholder and employee interests. The Company’s stock options generally vest over a period of one to five years and the related expense is amortized on a straight-line basis over the vesting period.

A summary of the Company’s stock option activity and related information for the nine month period ended September 30, 2014, is presented below:

 

     Outstanding at
Beginning of
Period
     Granted      Exercised      Forfeited      Outstanding at
End of Period
     Options
Exercisable
 

Shares

     19,000         —           13,000         —           6,000         6,000   

Weighted average exercise price per share

   $ 7.10       $ —         $ 6.48       $ —         $ 8.44       $ 8.44   

The options outstanding and the options exercisable at September 30, 2014, each had an intrinsic value of approximately $0.1 million.

Restricted Stock

The Company may grant restricted stock awards to certain employees, officers, and directors in order to attract, retain, and provide incentives for such individuals and to more closely align stockholder and employee interests. For restricted stock awards without performance-based vesting conditions, the Company records compensation expense for the entire award on a straight-line basis over the requisite service period, which is generally a period of three to four years, but such awards are considered outstanding at the time of grant since the holders thereof are entitled to dividends and voting rights. For restricted stock awards with performance-based vesting conditions, total compensation expense is recognized over the requisite service period for each separately vesting tranche of the award as if the award is, in substance, multiple awards once the performance target is deemed probable of achievement. Performance goals are evaluated periodically, and if such goals are not ultimately met or it is not probable the goals will be achieved, no compensation expense is recognized and any previously recognized compensation expense is reversed.

The Company recognizes compensation expense of a restricted stock award over its respective vesting or performance period based on the fair value of the award on the grant date, net of forfeitures. A summary of the Company’s restricted stock awards activity and related information for the nine month period ended September 30, 2014, is presented below:

 

     Outstanding at
Beginning of Period
     Granted      Vested      Forfeited/Cancelled      Outstanding at
End of Period
 

Shares

     870,217         341,716         392,047         104,643         715,243   

The restricted stock outstanding at September 30, 2014, had an intrinsic value of approximately $15.2 million.

During the nine months ended September 30, 2014, the Company granted 341,716 shares of restricted common stock to certain employees and directors of the Company, of which 121,667 shares were subject to performance-based vesting conditions. The average market value of the common stock on the date of grant was $25.41. These awards of restricted shares vest over a one to four-year period and had an intrinsic value of approximately $8.7 million on the date of grant. During the nine months ended September 30, 2014, the Company cancelled 104,643 shares of restricted common stock granted of which 15,000 shares related to forfeitures associated with certain employee separations from the Company and the remaining 89,643 shares related to stock awards for which certain performance-based vesting conditions had not been met.

Stock-Based Compensation

The Company uses the Black-Scholes option pricing model to estimate the grant date fair value of its stock options. The Black-Scholes model requires the input of certain assumptions including expected volatility, expected dividend yield, expected life of the option and the risk free interest rate. The expected volatility used by the Company is based primarily on an analysis of historical prices of the Company’s common stock. The expected term of options granted is based primarily on historical exercise and vesting patterns on the Company’s outstanding stock options. The risk free rate is based on zero-coupon U.S. Treasury yields in effect at the date of grant with the same period as the expected option life. The Company does not currently plan to pay dividends on its common stock and therefore has used a dividend yield of zero in determining the fair value of its awards. The option forfeiture rate assumption used by the Company, which affects the expense recognized as opposed to the fair value of the awards, is based primarily on the Company’s historical option forfeiture patterns. The Company issued no stock options during each of the first nine months of fiscal 2014 and 2013.

The Company has total stock-based compensation expense, including estimated forfeitures, of $8.4 million, which was not recognized as of September 30, 2014, and expects this expense to be recognized over approximately a one to four-year period.

XML 35 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Equity

6. EQUITY

Preferred Stock

The Company is authorized to issue preferred stock in series and to fix and state the voting powers and such designations, preferences and relative participating, optional or other special rights of the shares of each such series and the qualifications, limitations and restrictions thereof. Such action may be taken by the Company’s board of directors without stockholder approval. The rights, preferences and privileges of holders of common stock are subject to the rights of the holders of preferred stock. No preferred stock was outstanding as of September 30, 2014 and December 31, 2013.

Share Repurchases

On January 22, 2009, the Company’s board of directors approved a share repurchase program that authorized the Company to purchase up to $10.0 million of the Company’s common stock. Purchases may be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or block trades, or by any combination of such methods, in accordance with applicable insider trading and other securities laws and regulations. The size, scope and timing of any purchases will be based on business, market and other conditions and factors, including price, regulatory and contractual requirements or consents, and capital availability. The repurchase program does not obligate the Company to acquire any particular amount of common stock and the share repurchase authorization has no stated expiration date. Shares of stock repurchased under the program will be held as treasury shares. Pursuant to this authorization, during fiscal 2009, the Company purchased 349,800 shares at an average cost of $2.67 per share for a total cost to the Company of approximately $0.9 million. All such purchases were made in open market transactions. The Company has not purchased any additional shares of its common stock pursuant to the Company’s share repurchase program subsequent to fiscal 2009.

XML 36 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions - Additional Information (Detail) (USD $)
9 Months Ended 12 Months Ended 6 Months Ended 0 Months Ended 0 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Jun. 30, 2014
Jun. 30, 2014
SHPIII/CSL Transaction [Member]
Jun. 30, 2014
SHPIII/CSL Miami [Member]
Jun. 30, 2014
SHPIII/CSL Richmond Heights [Member]
Jun. 30, 2014
SHPIII/CSL Levis Commons [Member]
Aug. 27, 2014
Plymouth Transaction [Member]
Assisted_Living_Unit
Community
Mar. 26, 2014
Aspen Grove Transaction [Member]
Assisted_Living_Unit
Community
Mar. 26, 2014
Aspen Grove Transaction [Member]
Community
Aug. 04, 2014
Roanoke Transaction [Member]
Assisted_Living_Unit
Independent_Living_Unit
Community
Aug. 04, 2014
Oshkosh Transaction [Member]
Assisted_Living_Unit
Community
Business Acquisition [Line Items]                        
Number of acquisition closed               1   1 1 1
Acquisition cost               $ 13,500,000   $ 14,600,000 $ 16,800,000 $ 17,100,000
Number of assisted living units               69 78   60 90
Transaction cost of acquisition               100,000 200,000   200,000 100,000
Long term finance of Fannie Mae               10,400,000   11,000,000 12,900,000 13,200,000
Long term fixed rate of Fannie Mae         4.30% 4.48%   4.70%   5.43% 4.59% 4.59%
Maximum period for expansion of permanent financing             24 months 10 years 12 years   10 years 10 years
Number of independent living units                     34  
Percentage of member's equity interest 100.00%     100.00% 100.00% 100.00% 100.00%          
Amount of equity interest       83,600,000                
Percentage of equity interest in joint venture       90.00%                
Percentage of equity interest owned by company       10.00%                
Equity investment valuation gain 1,519,000     1,500,000                
Mortgage debt from acquisition 623,900,000 476,200,000     16,400,000 23,700,000            
Term period of mortgage loans         10 years 10 years            
Term period of principal amortized         30 years 30 years            
Interim financing obtained for acquisition             21,600,000          
Interim financing variable rate             2.75%          
Interim financing variable rate description             LIBOR plus 2.75%          
Transaction cost related to acquisition     200,000                  
Additions to property and equipment 132,900,000 135,400,000                    
Finite lived intangible asset acquired in place leases during period $ 12,700,000 $ 15,100,000                    
XML 37 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Basis of Presentation - Additional Information (Detail)
Sep. 30, 2014
Resident
Independent_Living_Unit
Community
State
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Senior living communities operated by company 116
Number of states in which senior living communities operated 26
Aggregate capacity of residents in company operated senior living communities 15,000
Senior living communities owned by company 66
Senior living communities on lease by company 50
Number of home care agency 1
ZIP 38 0001193125-14-400356-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-14-400356-xbrl.zip M4$L#!!0````(`)%C9D6=N;,D[9X``%VJ!0`0`!P`8W-U+3(P,30P.3,P+GAM M;%54"0`#P:];5,&O6U1U>`L``00E#@``!#D!``#<7=MRVTB2?=^(_0>N'C9V M(Z:DNE\4;4_@&J.-[I97]O3T[HN"(B$)T12H`4A;FJ^?+/`B@`0)D`1%:/Q@ M6P**K'.0>3*K*JOPTY]?GD:][U&:Q>/DTQDYQV>]*!F,AW'R\.ELFJ%^-HCC MLUXVZ2?#_FB<1)_.7J/L[,^?__W??OH/A'HW-SU_G"31:!2]]GX?1*,H[4^B MWE5B6PPBN#B8/D7)Y$^]NWX6#7OCI/>[>_-SCYZ37N]Q,GF^O+CX\>/'>9H. M%Q]S/A@_7?006GS%;[/>7?9Z\IR2)L/+'B_\RDNC_@1N[PVA'Y<] MB@E'A"`LOA%S*2UYXQ&O1O;*NO=1%F4?H^&Y_,/?;E+1SW@-,D^G17@V5^?C].' M"_@*=A'/V3F;W7EIKXZVW#^*DS\L?7MYA` M"6)DT608O7U1WJ,L&IP_C+]?P(6*VP?9M-2O0?\YGO1'693$XS0W&=L&&X8+ M?9J\/D=99:?R*Q5?8WLRG)0[-LSH9?!8W
J6B0].-!5MTBOU2! M*4Z^1]FDNLWL6@6B+!YL("X>5'Q'$CV`VP\WFKNY2,>CZ&)^V[+5]*FZQ7"2 M7EA+N8`[HC0>+!N`,M2W&2=HI=UTDF[I&EP]`PWI]7(5&5UFN:_=1/>]W*4O M[:=^.LOBI^>1=;S\=_UT8!$U$X^\Q6,:W7\Z`W=""XTA+<]6ZF*&: M:\'EU\=^&KDV'%A!C9(L%VPG3?O)0V2#A?OZ=LN7_JO]E?.CGPY_G3[=1>GU M?7XU?4:6?\%9;Q@-XB<0F4]G""['8%?Q\%88 M!;?+6^*Z5`KA(:$#A;B1`3(ZE$@();#K4>(*8[^.W.*SSU1B^^>GBZ.14.8X M^/LTGKS^$L'5X57N7/8#KG\D$$P?X^,H.T+P(@CK@,OI-PA6?$D;//^)P46&L, MJ\R&']U-;$J2YKG(%0`&ZB8WH`%?)U8(]J6#,((9R>E0TDC\0C@S1,HM=%S] M&JX1(L$>'2$)\F5`K25AY/J!!EUS/$Y%Z`OFW!)+B+"$8+#7-TJ:8]O&B==/ MTU=(^IPG&UQ:9V&>9-S^]:M?XU7-N>!GGPDQ*VZU#=4,/RC?I3,`.\IBZW'@ M2'D*\7/\'6X$7WRRG7YMG8'E)[=G#"`KY*>+9GC>L+O3+$ZB+"NT\<;9Y/H^ M_T4:#8-D`@V^3-/!(VC/%PA?T:_1QS`)T`LB]-PD#@#[;NI!*2^2Q(@25.RH M'IH(X_L.0:'2+N*.E""GTD!8<@-'82G]0,SD5,[40\B.J4<="\U-I3D7H*2< MJ:ZH1QT#C=6C.0&@'JR[ZG$*DP#U$#.+^*#J08W4>$?U"#`/,`T(TCADB'N^ M1CJD(?)42*@34D6TO_28#Z$>JRPT-Y7F7$#N(58S^LZ(QRH!C<6C.?YNIQZG ML`@0#V7:UHZ?Q\G#MRA]LJ;UYDMNU$^!X#!^B89%G]N1)XXU+O$$H*G2.^J' M*SP1&E>B$/04DC//!7DE/O*Q-@%<\CWL%[,/+LR;R^R&[V@:4L]$33GPYH'HUV.PV:?.-R<@(\7 MAX]M$C8.*_(O$(?-@7%82.!#&P=1AQ/$I>3(E0H&08('6FJB!78^5!S>1DAS M2VI."ZX2EX[$X??FHOMQF*H92052>&&ITY*F=HW+/O3K6&BN7DTYX-7NP*3L)DL$VUELL,HOIQ=MS2.DZ^3\>"/62'2]722%PD#Q;L2,RL5V%I^ M56461'(5.$`"<`:R28Q"3J#A?SX.A%:<0@9R2ZU(4&/+W+#\Z:(9@!7)C":@ M&-GUO0?LQ)/"?7M)`\:UAQQCA5R71DBZ1'I2VX8\YS;ZAJ[ MW3`?;Z$6,ZQ*M3"":K9SF8+%(##+Q M;BW4UK*PP]Q?8RX@)'+Z2+I40K@D'#G8P:"H#ORKF!<&JE3HP5D'T^HZ)G98VF_, M1UYHVA$1J6>@>;5'8P*ZG5:?PB2LK'+YKZ`B;S,:G!DJ=BT?(TSJ4"D?&28- MXH'4MC87=-?Q0\\/N#$X+$YOM:8J;4QO[4K(#DEK8UIPE;B<8'JK"UR`T*ZO MP^TTO76T;2]8S,O9YX-WKB4UV]9HU[>]>$9PXPN-E"L@1=&*(3=TX4?'4Y[+ M?$G%V_)3Q[>]+.E8K"=@0>3.2]92>XIZ&/F:V\I<'"`G=`P*-2BM]`/)=#`S MC'GA.ML8?T\THJEC88..G67@&/J_O)GWXQ&$X3@N?^2&XL5-%Q92^&;1WBKC\+0&! M5(V!L`A)Q,Z+T1@2C0`+)%P6(N[;`8[T[0!'4H]334.AEJX#$9<8>GC$O9X\ M1NE!>7H=]!TTM3$!57/H:TB.G91+NV*TG]ES$WC:,\@.4RT\AHQP[)Y)K37A M5/'`O87'K"I@-LRYC^;^<]R%($JIT'FUBA*&YX,3N.6(O.0>0.W(3.\I"/;^ MJC@31]GUTF35RVK69G!L-P_M]3*;-*9\E#078I!!:B-&"'%59%G,^:T<7;)ST>1^[ M:$A(ZUJRV+;?1_,99;#U*JK,\7RAA/&H0IDS"> MH3[2,*I!1(2."A4'CG#IY"##.C:%6L?"#H7HC;F`D;[JRN[]6@(:RV9S_-V> M%SN%18!0F-9W[R_&T=_Z+TZ619/LM_YH.COF;30:_\C/1]V9'+:O9"HN`R?@ M`6*:A(A3UT>.Y]@?%0D9QTI[TI)!+1EJ?8&A%DL9O-?/'IUD:/^QJU??^R-P MJ\Q9>I9M?SSX;'T3MA_HD+LN<@0AB#,P`Q.0`&'M,*&XBW$0S.!SFU1H)46) M@$9XCBL4\X/W%G.BAL)3VT!@CQN$;.7<8<@,#$30@/@E]0D(L/X10 MU!#2W#>:,X)7)X6Z.H-^"G(@KNIBK7FG9M`9@2A0G@*1V-!=DV_F8D`-9.0E M0F&HD9',0R0@G(?,Y\+H4L(E.K9F7=\IC$7@*4QYRA_."JQPMU`H;;2AR0GN&GV:N-2O' M_D\H%9`P"$RQ4HASW9TJPUT)V646I"DMMK)N[;3+VBK#][<44B"FML1N;TNA MA>W6Q9JR#EK*5D):MI1EK;?LP'9K63YFG`F-V7YK_HVPL\62[Z:!;X/%\`IU M?K.BZ_M9$>?"@K*%9+?.3!,WP4!$KX]"D5X&&FA/11HUX!/:"E5:.V! MYJG;^988W0#A\1=^6[.5IM&9Y8I*#BT7>B>!/410FS+2:4$]7$";T[";@)Y. M-_:RAJ8U["WJQFE\9:\TM:F1T(6O=#%-/3PM;4X#WBDM/9VO[&4-35]STG*, M/1%#=E2SZ^EBGF$F")1!2GH:<<^$R`59L@>C4NK[@5W+?,?KK)L MN@<-JPL2%6\.6E^+4(ZC/*TU`B45=D<4J"BE+A*!JP)7#C'VIW[OA6J$<[*TVF:`67F[+,4>$7KMG2_I7=F M73_;&XL$_BVRKRZ,AL[W*`6'"5[`=^+YA-K!G!6BQ.USE-ZN<[B^,<[H,!3, MODC+&$@J'"Y`!@A%H7(E]J2+B0Z6.]/U.2^4L[P3+>T^B_E']^]&T>QE7N]D MJ90333T%L- M\?!+/[U.9PN+>7$"Y$AYXW?P@D/`Z]G.H\H8N0E2_\6'AV!M6GPX*]DF*V!W M+CY<-+B)OD?)-'I;KSD:Y+W3&2KR^>)\QG@=\1J`;8JW3TGE.R!D=(O<%2ZJJO,;<^ZNNJ"RLVQE MB5GM]3JF.#]E*+-5SP`(8FB4#.(61H,E>"]9?)G$HT]GDW0:[8T/K[UDWAD, M;"'AXHEU5DGL#GS[&J/2LZGN?!G@331;7P[Z:0+/)H,VTZ?IR.;($#WB0=Q! ML+:T'@DFRI98CV1C:E-0W$ZKJ'W(G&Q*:BI1K)CS<)@O=/1'7_KQ\"J9*W#! MB;N'FMO=J]QPO6+=EY.VS?T?B7H3*-O8^?^'DB!P-19 M@$3/SQ,M!)JJGF\=+W<6'G`P2'SA3>?`EK;QKX#H#(3Q7%,=Q\TAD"J M)"L_Z(JN-QI@=QNN?H7GKK[$X2H!EI,L'N0LDG=408*-P8HQQ#Q[JB3% M#G(,9T@"(;:0T?6(GK^6:749YVCPC[T_Y^A)#["E-T6,AJ?![\WNHH1TL3DY MR\=_WQ[[R9QWY^$AC2`RK[`.?;&'L[>PX+R#\2G7<.R"M9&`@7LJC4Q>7^1P MX;,@]*C_]N)OO59L?3**5O+S?%VO>ZI&>.7P>-;=FA77]W6KYJD8WIJ*+?M> MCZZSL6C[=.MJ_U=>(?'T/!J_1M'7*/T>#Z+J$H2E%>>^D'T;SR8PE]>M,L%H MY?\B`#@8/R2M%!XUMP5*0T\QL`5):("X8]^&Y7L4,:*4$8'O8.QMD-BCP:]> MGH'K$>1!MBZTP_8$(B#42C:_#4$9ZU4R&#]%8'A1X>;N@90`DI+RU'5EUROF M=FR.N+D]7VX.8.;8'=VP`MVFJNE0SV]'A%+=E%JQL MDNO]KLHD.FN*Q+Z"@6LN*_*)DAWFA\7,JK5_Z:=_1),.% M:-NY>C].H\%DG)]PN>=)KVV4O3=/2^USK6QL#J,>;Y!.*)T!,N11V M)@P9&<#@.)0$:2-<9(A]LZ]D7LC4+!<1>#OB%0@-,,\._X7?YBT[A]G.B>H: MS&4(;YAG]:S7]WE5=':5_.TQ'CS6G(%\,`'YE[5DXG918V[B^V!Y]PVOJUPT M>M^*$\H@8!BYCO80)\Q#VB&N?8\3A5Q3WZ#9 M-%UR.O<_' M#G3Y>9HUD6[SBT1@Q.6.QW_,TX2_C*WK%)MVKYK?GJU+6?')7`J,'.&B_*/+HW-K"U&UC*-]NH0;`N^G^!T;H'R;EC:W4/]_:K9!@] M1XGE_W9&].U?X5I+SUXL#\6L[GY+VY]J9ZJ7LUF';(NRQ[9A1M@+_$LHV7V; ME"^H$#1P$`T\>\RN;\]/@?&3IT,WP(YVI/NV34H108MO4GXW(N6RP"PP=]H.O#&X` M/A,O9D:&Q[G/F'1))VB30.-/PY50 M#3>,9XL(UI6.SO"0TE#:)]74X.M1\PV%&STB%^W"-.P71<>B^;TC?E6:W[LT MSJGYK>^2/TXL"BRGV36M+1N35H/&;=N2IO?3DORY95M8-447M\'+MJMX]+B: M/N]Z+23MZ(],)E),A5#:<2/I,.I03?-EV#%Z,F':X.SWS.K9IB[? M,JMO8QI5RZPN5G`*^)&US.I[KL?9,FOH21]7RZR^Y_QUMLSJ*I56+;.R!9`4 M2Y5'WS-KKZ&[";:.& MH!;LS5**A%VX;=00LRW:1C&]Y-M-H&S7$C`(UZ5Q5N=GDR@[6-FJ(R4T6H"+6P=I&#<%`1G*6 M.'S7J"%F3R034%*_D%ZF:]0I09!6#11$$(2-J&O4$!,MLLE-4LP:&;9KU!`P ML6L4+X(\IFM4'Z?]0\#&WF]:J;?097LJ#<',V/^?FZ96S'`82T^E(:(0(A6L M5+U]4D^E^ERA_BB\^^2CSBNDR.$-H^^C;=0`$%4,%'9H''7NCD8#+,A8^U/N MOW-D1Z-.;7*&4%1>NQUHVR9GM-JY/P"SOY',&5N<#+&APX:;#6WHAVEQ,@!( M;'$"WU(`.42+DP&@83:9I@S?XF0(PUFVQ;JS!` MS6:6IV/H"DS-Q6LV3\_<&:[FB^&FG^MF^>ZBP2J?+H"8=-GN#E/Y=`%I*.V# M/GW6_%61]USSQ87FPT<48RR:WSOB5Z7YO4OCG)J?]12"A>8^7";KS*Z]T&T@ M#@2./,8@J5PH3^2"+0B_P2]@$ZEVM11':8]PYXQ]G'X+GS?/-\$JC.9^M/*^O4R7,3P^>8#?/4^7 M(-LD+G-4O<-^P70&K;]Y?T.4?R5>V%%#K[8)R?7U2-IZ8%>/\\]]Q_8A[65" M=PW4]D.KB@"V(R&Z2'WBS[ZC'_`,K8`7T=>@NA@34%,SNFW$/(5["O6(;"@^ MD[GC&K+A4U]V=)]0RP=GW7"W,BBWU!\_$Z2"Z0Q:.R,3]&$&Y8GO8@;MI0$< MP+2Q6`%7&-4*PC!4NZ*YL,ECSN:89LNYXK:Y;K.Z['31/[0RJ* M.#;@@DOS<-@Z[[@#J0Q3'>'1\\@$_,9*U3='25B]-/4T:Z+P*OU5K$X`O M0EX@B\H)U0%LN3:1V;DYZ/MRFH02T]LE0)C&B..HLB,&WBH9@$5>*8O&QYQB>\2XBM:+U(X MNT=8P9TX2`"4((2R@93DX,.,FX9)9\3W/#-QF/1+ M^H1#@53S48\#7N&0,TFTZ@+8!22]N'<_%$ARQ$S66[,PVL\OJV`ZGRSSUGQ$ MH[X*W+9M"VNCMJ;/0<7Q^)_[Z+[XLFDQ7U8IEF!XO@\[HC\8ZK!RI5!=;:*I M9F`7(>J22+J!+K(T[6>M0C7J#6@KU69"M5&W*?_8!!"'.80[>EBKS[YQIN,GXDW[=B M!"X807G-G%\54V=!F/TL`P/Q9_\Q'L&?AGH"??;J\>YW_EIQ)AF7>WL61,?X MLH,Q_@!QN-,9?R##[3\.)PQ75TZ)PPUAN0T;\%9Z/K*-Z5D0C=)R!XB5TGRZ M0"?+K; MLJXYALP=TY=MH$[950Q*7=?3#$:W"8=IQ]F]&19=I5"J3T]2_>.[*/W`[@WY M:Q!?B>BP\&%[W]V1$'-U,XTW8/X:+>;Q]?(W(-QE'"W".2IRSW(Z?)%%>_E@ ME\LK,RNNZ0ZSC:RZ7GI\$<&P[(:/8S"=M_WO+_`@7CR8K`R_K&`Y;R\T*BY% M453%2$2FF!H'UTQ3=:X>76A$;)MJ*G;$-SQ=YJ;FR:;A:T#NNJK8#B6V:FZ3 M)\[8#+A&`OUGTM$DK5#),NZ3TR+.3*)IG=A*@TFP5(W(KN91E)Z"J2>&S(CE M<*KZKLJLRM(XPDRZ_8+I#'HT^:0M)[Y+)EU[:>!=6Z/(I*,)YQI4+YW&4),7 M.)CJU2`F=[E#.2>R;>I`&):!_S)=6?=MV[.!.ZC':\[51I%)-Q#P2VYI!H+8 MY:2M-T;?P2W!Z\#HNL-4S55B')[X+H[>7!C*Z.8(*@61Y4YBB%Y8WE1JL8\6EQ6<'CB.Y6+M98&6L$8JL528:A%)T]5 M5*)U"UESS7!TZH#E&QPKYA1/MGS+E'V#.;X&6TIF>(D(^&NP@@;!=`:MG[%. MYM2ZT99SW[%NM+U,,%.!7J!NM"7^+D30'CRL!89R)!&<_W@^%85&C;K$V,:( M4C7,2[5+_/R,\0P&\0'BJ1M2: M?:WBV,Q35%FUF2]S%ZL=P<.7.3CW#J<&]55]"^/&/"+)[F85S8)@+@YC;X.7 M]/1A\G!<)Y@4C(:;F6Z*RTW/,1P37JP)6$PV50N#4(9A$$YU[MG8^47!DN;R M>=,^#/EH5%X2-ZOL0?C7<[AY3FY_'AODY`:,+>+6.':P?P8'M9EX()O%&N-JX2G?S1OK0`E$!4&UDU`KL+BV:T%>@!0G4(;0@ MGQUZ@A;T%'S7*I%IHAB[%9P;NLIK?/$VP+4L-G/AX'O?$/F8@N],,>''?/1) M4;2.F4:JJINFHYFR0ID&?AK%BVE=(A/5MW0?VX`39;3^]R$Q=/&_VPL$@W#D MB,/%,610!OFMD481#,]V> MQ=I+8XPL=D`,75BLO4#&=91`@*N*+IVFF+3;QHW9"F`%$8A^2[YO8#6+(Q./ M<.XSEZNF\7H.U)H$TQGTR`[4#DY\IUA::VE@N=IAB0T]^\EY4K M;N8N8:K'42EQ29*\M]?4BC%9ZT0XZ!?<1=7\RUUVYC$FT227JAQJ>A(;CF?K MONG(EN4[,O=\\/NPH,]Q3.;KL"S8'@I"+227G@ZO=,=@L,;&QC>KZ$LXQZ3> MW^!3U\L)S.84[Q&W9FNP*W$1KKA8?`._2_\8'>41MU"A`_+"W$&?VZ`N*@'% M8>`BFQ[Q9,6PF*IS6U%`7D`1L`>D!E.*U^JN@%J7X>Q`^/N&=F%]` MRH]!1N>I42>?GVS6\7JZG!^W$)]DE6WI":^/UF$1+&C9D9CVTS3N:68C)VGM M($D+%*UFOB*>^6##/[&%0L"U="VQP2)BF M%='6#K^T`DX7VSK%H36VI:&B%Z!A;+B`K33P&M<1%C(W2/X+ZQ:>@8;S+$,? MMENP!`;6L^D=3!.22" M\M6IQU\2-Z`8<,'FK'(;8TM(^[H)U/G-=O`08:'I=J'POJU7TV@%:^%T]?UZ M'3R+>P3ADZMHL8"/9A6&8V04O`)<-CBOZ%!?0CBPG&:QKP!O0\4P0/R4_N7, M6_LSK:S@0JA,+XGO&%2EBS0S*]W-P!BU!B_2-#1:O&VY9NQ%<%BACK^=+-TP M%K?\B2#?!?BU+4S@5U+<45D2X?/]9A6+ M6,+1'3T&G/$W[SEGM(2Y.O8RNEGTN$SU/G.S+H&RY8K*RBI;CZ#I5*ASRNIP.#%3U^"UCE-Y_)7P_KC=(XS6URREA7&7 MS2YKYI4\,>8M`R:<$E:VOOKQ']IF6K,9YE_'P,A!^&6L)HF(95K=(QT$D!!B@C*2+/IV*_!B>%8VI.$?(^ M"*6SSV^S((Y!%U(E0(ZH/WO>OF5W8C]&:3!#^#6\J/HGP:S??:3&<'*Y]:/E%NM=+GC6/T@0>!TF1FHWDW!QYP]9L\9,%#_/N(0V181%@)?#8B M*+NK+RL80I(QMIQW+(T;#BI6@#-BL)*SV@BB52)ES3K^6A(I.0I$I;Q(X:?A M;#9Y3!6$-\!BF.:UKJ/9GV,4"],Q`TPCC:9?BV2?;Y]MB/"H!*3E!^-T:57T M9XP]#GX-CA9!K=4&<_>G]^%BM,X\'A1PP@_MYZI@6E%$$O]XE13!"%Z1RU3" MVW!$2Z#-'('96Y.'5Y%&"-L_8C121#V0JI\0PY*3KJVCC/,1<) M:V;B?,V18'UX=N3N#\%2/))E$9P-:JX^-7_::RT6T0S+=N^BWX3#@/DFF9HE M%15CS*4G@DG(5D3'8NKITJ,!(S]OWJN&ML7?^H8C?#A7(E,CGS/M!-N5R6F$ M$<]C1/94PY*YIJBR29DO&PKW'9LKU"(^H,6*7$/?HCT,(`/0NADE[Z M'"8GS!B`%7N.QP"6JB!VPWBVB/!BJ#N0F;WHHFH\$V"YK!T(TW4=1?8MT"?8 M/CJRZ3A,!@6S;%$W3X%<495^7*S?S<,O/SZNW\'`\:<7*5Y_7P3__>:C=?O+ M]2?9GMS=33[^+"DOZW>2/_ET)W^^_C_O9XGL?N%;'Z\__.MGZ2Y\!HK\%'R5 M;J/GZ?*=E+[B;G(#SQLOZS>Y[[G'?QM7D@-ON/[TB_?)N?8^XQ]^$G\1_WH9 M8%S:;EAW3X&479?T-`6R7TS#YU@*ES,L0IC#/Z0U/+*,5J"6,%F8@BE%#Q(L M//#I^S1__$KZ"+L0_#T\C$YW\A:@`.D^6(3`0'/I_KOTO"4G:1W!7^`-L^A+ ML$K^&F8KVULIWMS_.YB)I])O!C(!/DLWY_`]*ZP!C.%C\`XO#`8/0[0;R5[M')D:(EO&$Z1\;& M!Q;!8R)N,+0%R.,IVBSFXBN?IE]@E/"&=;`*X9G@X0%A1>([A$!WUV=)#XF3 M"(\!8:[3BOMDEK:S'CX`Z\#+8-,1S)-!!##)(#(05>[!JXIZ_I1:42$I^PC; MKW8+ZI,@.#5M:H-7X?HFD[GK6[*I4BIKEJ/:IN$8.K@670CB]U^O[SSY\XWE M@"DFZOI.NO/^]TZ^N[4^??8GMQ_Q]\L`'IW?7`_?*[Y5 M_AK<_QFN992L#$MG]&<@?PWGZR?Q]PIGJ5>2Z]EWD@!D.7?7DT^=>6L4XM+Z M$-=D*5F;QTV\_G'Z_/+NO[Y9RCNJOY50)P4)@";_>[.)/CQ/H!'D<&*HR** MA".*JP0V?CTE="!%Y8?T]!9D#6]KJ:;TRNQ=357S3&HJ/H%7RN/M?_(L6J"6 MK:8+\0G\6_('4,OI9H'ZAX-(_8X"LIT$FJ0XB9_^C.*2L?]E)O\Y9E([P8UF MPJ[H7V;2EFS^,I/1FLD_-\M@9R1,.60EGW^]N;Z^_LGY_*&EH6A'N3W2`^S/ MQ&YNUYX0/[;[6NEC.'T.MP8%KVAI4K6F%#T(2V/@-QVVJF8/"95M$4RG<8O[ M_';W3=%R\?UMSH[A2W^@Y$K;BDA(Y/=@L8A!+JO'"%7CH"I\"+Z`N2?I(W&& M\4O:UC8;1Q[HAVM['^!>%-5/8;M^6)Z15D$P+R+9` M%S@]ZV@]70CY%R>8$)+SA1.3A0F>"YN=2=,XCF8B<@_O$+I'U#2^)L7!,@3M M78A>FQC7>L:@,4:V_HZC2D<+PW3>Y5X)[[G-QKE[Q'WWCWI#JXR7J53@5#!*L1+0M:Q$N??C@P*?_GI^J[/G"W"0T]35J(]82 M0^WE)W#_E(R?"$WX"96UPKO%A>>@5.`=2+[_W]Z[-S=NY'K#_[O*WT'//,E; M296H\$YJ=Y,J71/OF1G/,W:R=?Z:HB7*9D8F=4C)'I]/_P+H;K)YT=62+'MX M+KMCFVPVT&@`#:#Q`]EVU[$%*0.E4$D9Q2LSL=Z1,AAEN>Y=JGFUEE.:.HL# M;^8Q+E?!9:<1":]6P8T.6EGX&[C,G$6DKOD&+NH?O+I8)L6P6U9Y&8;?*%&^#) MI<@P>-D`5DV]L<@0@E8Y\70F25<8*$WIF#$@);9_"Q^U,ZM;&T')"'[PGB0W M7JNV@:"_L>D13Z*D60_T^'B>A%;%I\U+NB0BIY$$NN'=QKY(`3&+65Z>JJW) M-G5Y%.:FDIFH\M7`^.H_,IG-C`1SE%A#-N&2MO/*L98*62KBT9WD&]GKCG<= MT'1AX_<86+OA^4YKJ?L+A.A5@1"K91I'#FOKAPU$Z'4@8JVH6B2J6E[N`FJ4 MW*`:DINGQM2?PZHFS%",8(&">7.I.Z]GI\UF>K:\X5?$:`1VY;R!=\X;GP<7 MU\W&13AJY7W`/WH?\^X?%N9QA3K%0@Q*KOOS1Q_V$3R0U;BDSLID(\XHN[=Y+MA@5#NI($:=,:OM32P-BE-.<#I M8,R.54$L':Q$Z#+U#O'$,Z]2$")$3;/HP[&J\&>MB8=*53/26AZ)G)$7QP$= M-TC8P!&9-VZBZ"L<7*<+O_+`X>B&%*;$C_Y@JYJL4S(J\*`M4BISV1>J@K$B=QB;B]S83G="2LG*PB[*R5K2.JFLW/8RUB@&O?6,<3LT+L;A? MP/GI'@PE&<[5B?"5)"^RJB8LJ8%V^C!&-% M)>P,D*M4Q6?2SK]"N:7H'KR!*'X2,B_/#26'SJ;PI8#B!>P8.)UFI:MCUL-% M?&UWB9%.&R`Z>6%A_U==*[FDWO$P:%+FJK+S_0*5&`)-RI%[\6R")E5\Z!.& MDY[V7PG:UX:#@=T?*-WVT%1,1].43E<;*D['M&VGW>MU-7?32M"TSGO#^NM5 M)=QRV66`_\9&I]1+$CC2():0*`4;%5UF=8Y[FQC#B,$-/<59@=B0[0.%2])# MQ2&PYTA"P9L#S@7DI8@W*+*-.H/\\\D<8ROLL@XJ[7D$TLFN8^8_N#P+PV/X;\T0G(A23](D\G[2=SA1\U!+6!:C4^@-L)Y`-_'B8(THO9) M_!$B?O*K80AUA\.*6;$\:F%>:'OX/\F"CZA2^\87AQ6FQJ2YP"@)7;*)9E3- MOGXJR%JJ54<_&$-A/,O/>)T&UE>LRX2[RKQ8/$C(M9@'XFOK39QD5?8F3A30 M!9\^>L0E(CBU!MTQGY"YJ"#QA@0063YF"@1&64[V3U1X#^<1>"%I(@M!PY,H MX*/T#`NKX6W3G_^Q&0^(H'5$ZM)F3LU#:7Q.,?M&%WP!L-5@_]]W/EW!('3: MF27^.H87F0M'D1A$[M=WH/A&6`HQ\]#/3'^>>>.Q^)E,_*_OVOJ/[V`G!K?A MK^]&%+>75=$\EG\8BY=L^\=WJ2*:C_////#1;J+Y/+I//V0L?V5?OZ\_?=1/ M_Y*7CEB(\\8R6[@B52:%OIO?1&N(+[RQ^MW\]A,[^O\2`*C:T$!AT'6:=R4. MP_Z$K06_L*OV3GIUXOHN]OW&!\PM)8T!&(-Q_N+$3=SXI7C=HMH3+5RXV(X) M^WGCT,SZ&(2GR*M:R/$PL&+=T-E^$^*YEDSC^R"S7LT7T1/<@;L%"B+PX/YO MKS<8#(=+5,<\FLE_2;W57'1'T?S[#5WV]X,AQIG2Y\L.^T?N:I<\V;TJJXIW M?]C(Y^$_TM5@>NTGJ^E8[8W>#:/'V)O]^H[]-[W]\]XE>H^4M9MMVWB3E.EJ M4]>M-TF:9C8U]3#RN!_5Z'5;>K.SC[6*Z/5:3KVSG[R9K2^=0=L0!ELJ@:J2)67<[@'UVLO]5P] MT^]BIJ_/63%6[=[[V31Z\OV&3Y"45-Z1=J:>3;WPN.>E-6IVAQ'*2A]?3=TO M\U!3/;0MJQE5,ZIFU%Z=,:X=\]TV]V;`MEZ^HA'@:5>J>W`]PYW MBCJI2-]67'H1WKQ<9/#T>?-RD<33Y\U+1QY?H;-K@&4;1XN;J7\L6[K[%T_) M!:GY5O.MYMM+.KVGXN)67!=-TDNLI^S"[EJTH+9T=5$&>'4$L$88;Y`X7/M=M9N0,VWFF\UW[[K6*OHFE.[HM^CXU&[HK4K6KNB MW[F)JUV#FF\UWU[^B]NYHK]0BZRJ61VP+5GGT8O'B=SX+7?AF'JWQ?X,$KO6M&8#OX?VP01!`4V9_.Q^JC.E:_95QX)WK4ZOIYB6 MU58ZMJXJ5G>H#US7Z`UZPY/H3)D6-*^=+*9390YC-WQ.'A+!^S0VYH@F.//B>8`@(7.4 M3D)IN\LX,&8C&<1Q]F9!*,,2&45>-F-EV`CZ[#4N3IMXHG< MR_A,/=R'BW",+V-+1)\T&-*\2-A]ZYGWQ!$>YPOD?AS=QMX][T[-5`AKNPD* MD!0S6L"0D`<>HSBK^=GHA]]S/_` MB>,=3.F33'^)SL93#NU7&#:='.L&SEOC<\'IL36G]O>(4.1A:U&?X$'A5\GB M!I8]@R&K;DR^A*0H)@F!H21,L0B-A0?KY=T$4[R609!MDH+G0D@8O^R?V.H4 M!B'>0*C`PD3QG$DEXMJD'T!4&RX(YZR7*?P=)@>,Y*O" MW\6O3[U;^K0`]IK'8%QH&Z1BG8)0\?FU&A^\T+ME"%$W_C3P'T1_5OQ8CE)X M7:85C8A`L/J&EU/@!YBN-_;_9X&R3A?\11_VQ91)%,DFVW.5[Z<002N[3*-Z MNHL>8:YQ4TBSQ/ITN'L/^\2B[FHU.K"$(!$)S`YHQ7G<>>$M?3.5=R9*;*$9 MZ#()&S7"Q9\8TA"*6(.U1!W[V'(;H9E>KC&LD,\%<1,WVDT0IH8_6W#JOYLJ M5OH56U3]XTTUU=,0>#ON*J;?@/LV?W!F;'M#0-G&W]W6]2(_O]TLKX./:#?_2C MT0*?O7Z:^7L[3AA.UW`UH*MO=1S%'`[:2EMW'&4P&+I=8Z"YCMYAQPD<]5^_ M%">236\`>F3^]-F_)3IU/%]>=]XVKP<>+R\^-]Q=_77S\O=&[_/R)3;YJFAD1U[&' M.N_JZ?XFFAY[]L#DWM6?;)JYB>3WTD4(-L:_]KX=ZHBI.W;;Z'5ZBJ,:MF(: M'5-I=W0=!*/3M?IMLS]HVVN/F-5P)N6#9QEH9!DDR:8@)Y7H*E6N10602@7< MRF:X)^FQEZU.`Y9GLV/L>C[9;XA-JZ&V2JA"F0&+0@[*T@,-B9>)R`WH>E-R M$:[N?'`H\)":P@_-O6^(G.Y7P`_!*#^H+3/[O@P25!I$G`0"?^E(*5`P^(O\ MS8")P1S%0+@5+`(&X^.P?MJE`NT\'*SAG!P+^^\#44G^).W%\1-%X;@[@%-A MY+$(G#Q-]-XX>A0X&I(#N8#CN'!(9=\"S\GH.,%[V<33QYDCQ2:,)U/\&T-9 M%V&]21##T0:#>^=G++S'70WQ*3AI-N!P%',P/G@AP7-<+L;':3_G6*X4)IA[ M\\4<(7RR;XX7=,+"/_DY-C?QFR#@[)"#+TC,9$?N@E=7%A:,=B_(7N-1&G$G M4+Z*@9I&`/\:S;-3.>A@\-P_>/$MC`Q;_[P`Z'[]X3K[L?_/GP5T:\I3<$MA M3%H;G`O(XGT$LP_\#%@K1N=]P9E>A$3G!%W-.:8Q30C$<1&SN`:+'TNK4+4( M*QXPFGP0P821O`T-FW-`GI:0,:`=ERE&K,0Q'P5/QPBU1*&2A`#AW]^%XT%HA:>,,)Y7BWECOSI M:24[;TP6X9@BYW38G7E/](,(L_,1$6!XF=Z3/U`,[&5G.7XVS2M%5H1#6@]$ M@R4K&"FK=66F]DA!4'2GJ#LQG#-)T>LE-9I3HEQ^<^B1-$GLCI:TSL\RHB5; M4QH%*+L'T6+-);R4^<[P]Z2ZOV>'YP6E8*BXBX>*E.&"\U'TN->#%1 M1RD1H?[S,Y3FET*X`A4_:';+*()#6N=G6R`W+DL9DH2.%R-_>5!\F0_)V)_RAJQ]D:JH>V8"%J'(49*JBY*`Z;'Y71PM M;N]232[T$AY=1B,4(S*_X5@ZHMPNP*R*A5,&NP>(%):"`LW$SJ"(3TK!Y/]9 M!#%3BIQ>V-(>\T'XIB9[A=N@PN]A)P50%=7K`QS&4P?:FLPZYI4A[J`D(3(" M[J.0V4V'@-_*QQQ44G04S:DI^>0#QR(1*`E:$E1E"Q@.YQP?L;O9BY;Z(QLH MN(NB\<],Q<`.7LSN_"ES5!>@%%*'`#[(/:\$"NR(M,,<2!]8BPO#7(ODT0>[.=&*)5)]DQZX.9/E23A%H:, M"?LQC,`QAB,LZJED&RK# M[F"@F*IM*)UASU)T6^VW=7>HJVU]TU*953G)#=.:J3E(@V&PA/?WZ#IR":V4 M1AD)%&T6<8QK35$Z$(03M`!S<9+.EUH)([NJ8NS\C$?@`I0-JOG"0Z$/'MIZ MU,M5()KDELY>"9&X,=:FI:@GK4D+,S-5OYTLE^0"6N3WL MY8I7]O7[^M/UIP_^Z0TN.*RM-]S@^L-SRJI7OWL@2+G+K'XHFX`WQX]*D)5= M_S9@<8)H4O@3RP8?KHK\I1E$66__#1,X^.;'HR!YRR0.HWCB!V]Z%3?;QP-6 MO/76]RQWXXO$,T&G:QE[('V3*W-K_<)GWSS>S>67[AV7KBZ+SUR]#`C4<_O% M:6V\\+'1NX?K(KT=#=]#/^D3%!2C%I1:4#80%/NUR(8H[-ALP&EIKTKJJ^:Q&>G?HU+<42CLEKDSLF$M%*?,J6<( MA=LR=P8IK4G=KHM`.?WU_,16/E%V'5-2^XG>8X?`SHAG?(]UOZ5GZ#W=MH=* MW]8&BFE8FN(Z/4M1S8ZJM55-LX3WR M=0KSW6^=TSZH@ MB4P0AB]_7O77\*O;'[A#L]M5.I:F@<3W-:4]`-E7W8YA.69758%?VA<=A,>P M5->";V=\>QZ=>9Y]9LG;3WC]^AKK3#"U"T_UTQJ4_2?$>\90<_3V4'&MG@[; MI><`\<.N,N@.0(Z&G>&@WSUV0KS0.N(&_VVT&E13U>E=7UQ^O&K\Y^+ZCT9G M.+QX?]&Y'ER1?J8'2S[^H69I5S2XN/KCT\7%Q2^]J_>-#X%W']!D-FM:<8!I M782-#]Y30U=5)W^-!J\'-*Y8OX4_(E:"C%(78A4G$-!LO&]]PG+FW(T%1ESN MT@)6%MQC`4&!;AC@?:_Z?8DYN9&H6O#!GT:SAB=Z0=RQN9V?I;<(GK!(B]Y. M;A;Q;;-Q>1=$K<:?X9C?K?\["L)Y`XLIL7(Q7Q+AW<8^TU5Y=OA>'&)I*_L\ MU3;ABU*!\(0U]:"R>5Y-.?*Q^!OO^894!C[&RX.B_46^7`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`[2;*X9Z'E`;\@W`\P M!A6./^-MC^='T&8P_7718M=L=QP31C8&IJ&8O;:FN'K'5NR>JG7,MMMS^@8+ M'ZDM=1\-D3:E?[^]IG@5(S#D9!M.F7MM.%5!\+([/1\CWBOX<]HJF-(`?P*9 MA[[.8YA#U]*[[%%_^JU]NKY=4]^NJ6_75!'X M%WDE;Y>^]&K-+SULCS"=OF5B7^B237W3Y"`E8,\MD78=M:EKSF'+P4Z/;,/4 MFHYF?W=DM_6F:GYWJZVI9M,VC>^-;,1!T@]-]C-*/7>(=^PI&,64]462++#$ M[,AAJ`TC?=I^PE!5I);;GK/?@]'O/ROBN5O_<_W=;SB(HK850\UW0<_-J[#X M*"IWT73LQ\F`T@P8DSYDA9^A=6#"PQZ\UNUA9,R"A3,&2M\T#=>RNP-UH!T] M1N96E/C9K<;@__UY+*%9:/_D+>9W44\B;XKM0AF8$2:RJ.5T6K/`TCL<%@Z[KF*V MB;XJ3Q?F]C\+4/>BAQM,@Y"K>(&PR.$Q%W8&I>.'B`LQK>N'" MBY\R3NDZ'^H.!17_F]4R8,]>V+FB M%I0EW9.F!`?$,1E!/_BX)^.O_CR=->V=X$%TSP_]6]!)K)>>E%)%C7)#AA%^ M.\:7\!?8]>RI`/.$Y*`&2*<1A)3]CUD722K^P#[*P8BW^:5.E#1L5AW`E9<_ M6L2L:_/4>TRXZL..Q[ET,3#LFE+E_^LW&\D(B!2-J4%C46R1IID2#'.8(I1> MUKKX!AGI)TE3,$<&+P)/8!RD:D_`#35ES":\Y]H44\.+-:RT(P2BJ*4IZ4I* ML[.K*-0O/DQ8[0@]Z\T"Q/?S'KQ@REM3YLFC(4JR.8Z`'.RD&MU,$7[)+TBG MR.XW6'4=,Q?8,9IWC2TJQ`P.L+`;<*_P+<`6&ILVA[SI/\&Q210,;T+=X M9`.'%XHV&VLL%8H(0L224"M)Q,[C5YJXH4)M#YLB67BBL;)DA7F345[[D?9` M+F@#::..&X;9;KH9.BIN\#"]ORQ0X7[06[:375_F$&,>?!^7BI[*H_F5T"BP M-J2=85%T@$;>5U<21FPU3/L["',;5-Y^Q3),U%VX[!E%5,J15;9E]CV8)_DE MGF5\/#];KIR6ZD,)Z`H;71*[S\^(X9LTK=S8!<\.'!W8-6/<.4.$%3SR00.. M5!,XEOGLC)&;2C;#'NN]/R1F_+?OQ?L^%6UXP\YX]QN,#*=$C4UWV;S*A[GL MD2'\YAE7P';CLL&.<_F#7&%.^:.<:#O08;OV(V&17D[ZP11KXIC^N93Q,(]S M_:^ON_J@YVB*WG,UQ>STNDK'@9.?V]/:/]A1>KK=44QUX"I=UP1J=?A?S>BH7?/H5]G&RO+NCNVHKC[?]1E,:WFWC:O(G&3PU%>:&3[S#KXO^RGO8@!1CJ+&X7 MR5SRMYVJ4D*4->X@>UE9'_-*HW`9QO!3`_'`66E-X]/T"1R3^5VS\1_@`K8I M!\O.#6_>LL*Q*`-)^`F_*9<5BG'PE)C9T5R%L(!=%K.@KR7LX&>WL=5VD#!D MRP=6T(^/%9N"IS"A1;,O7WE",YM-@N-C2AVKF3>3<8Q[[BE0[_E9BJJ./.+- MIQEJ?!ZB.(6PS""(EIVW<[!=5UF+N@G,'&D<(/;O8&C\R'N$;,]CN M;I@M1_V1GR9`QA5LHMU`K`+V.T(DX%AD:="C/#1!-:?@5I5\2E%I1EYRQX(> M$;A$*P&1#EC3MGQ/F@?:DI\C+XR^POGFKP#1M+#[?_6&M*4J]-*&Y*/LNA_5 M9?N1=H%APD3'/N+CHEO*J5FQ7\NSE^_/X,99MU\+XE38L1ONU_.SJAV[[7[% MF$ANQ^ZP7\_/BCNV[APW" M-XD'ZN7'(K_3FU-T9P\&$E>G4W&.?1P#J="V>)TBDC=/H%(BQ'N)'G$&&`,+ MQH$7MIV61PQ#BY"V:2Z*2"EKN`6+AH"/J6Z[3BMI]' MT5<&(1;%]\QX>#FQ`+T\4Z0W9%9C=#K_M`B/4S`\B_4#MP+_@:G49`[+F[_` MU1@N8@RA-[,5R$*Q3.%Q&S:;^JB34CYPAE;1#O++/!YY@'`>1U.P$,'M+:$3 MTH,LQ3!?ZJG<1V,?;P`W.MG5Q"L,K-#ECQZ!O?+W<\+:N>KE!=-5K:9\?!=Q MF(84B)%29B(OPU#.&/<87MJCU-*C)!-@QW"&F$'@V)6@U2=>$!-\GY\!"&=W MI25\1P^O:_EY($QYH#G!RDT6TZDT9I+F6'T)[DO^J,!U+&H^C&F?9^!Q,I@I M/D]^&:BQD>^/P2;N-S^0)]H9?"C.LP9&]ZB;=% M M20^E3$YU:H;;2%-: M7G>F#A<>6W,QB/LHGM]B&FCLW\R7'(N*^K:B`P_S[V!3DZKA0T[A$$R9LRJ/ M2YR8TAW//348P&P98+'$%@?/*\2:CRDF\>(YB27"Q,((AC1JJ;7&-(DDNG6C MY2RENXKJLG>PID-&RH)T;!AB)Q8``TPW90`[9F[-@I1V.@T0T*"$3(AX=4W) M_:;\GR:Y5L21_^"]-N!+?(O.4M<+OS8;'UN=@C\C/57JUU7!P_,55^HY6S#! MS]/E!?D:.3!=)0V\Y%F.3U]!-A=U(S!B1]^GH/D#K*3? M!+4'_N"M%S;Y4?4'S5QU,NDDF.O^',20R9<*JO)CA_L/CC6 M689X:1VA2`GG5<85#;"Z(XDH[MP]_H.7^A$&2-?[C$N_1L-/=B>9G;Z`[\JSFXJTMRFM:J.I+_W`5S3$)01FKG[_T- MLM/:RG*1U9O?<%_/YC^$=2[M3MTXT.X-G/JVM+[SJLOE]SCW[S5?>E\?HVB,=O)W/XIO@VI7&=9SA<'D@^QJ*4MG MV'I+;K(E>8*IL#4Q9^3'7[UQX%&&!W$R8?X?1.JMU.I:/%U*(Y55LROEGU=O M:I%,$GFP4CJ))9,,2B;QO0Y?P:N83W2]C]><%@V4QO:!U=S\_(QYI]VS3:>G M"JP#:8(/P7@\]2G(A9R_"R(>XVJO.B9G;RW?^SQCMV3W:\_-L&AUAF5=!,O) M3LAK`EA+T^-6JYWF7<[/!*MVNQ0MNZ8*$E#K2=3FU5(>G#W@6-C=VF\59 MN,+Z&FIEU<-2V_OF3L6%BB/G0-MV,/UZ%\5A$R9W$WO)UV57$6VIM+&T;_D@ MN[K$JY*ZM>W=M>C(W+KFJ*)&U"[EBY"%NSK!KR:CNT'UT>JZH/.S8F70FKH@ M2RJ9EELEI95!%3F=5.R7E@/1KF$%0<\M!\)`"U_HW^A\>`0V%]\F/1F3,8[1>.^PLL\I=R*Q-]YTXF]KO?%+7E2&U,*JG( M$WH9WWHA;]V4+1S\T`G'GQ@F"OUX.1DRQ>%-,TUTT'Z=77U@Z]VNHNI.3S$U M(+TS<(:*;KN#86=@&;W!\"4Q;=*V)EJKT>U<75PU+H>-3Y\'5X./UQULA*J#[D1J1:9>?$L5_F2[(M;*<7GE&56RSZ7`U>R.9++ZP[<^MMB:@:KRIDP[XGVHF&NT MV+]E59QW<;2XICJ>A:GCF[B8`.K_ M]A;FA298,*.L_N'\"MN/^:O$N-RE+WO55[.26"6:8D.!WC;@(8#$OO<,O)F;GFXE08XR! MS*/BWAL_UU<^`O-XB`5DYI;<4F7=YW!!XH"03^$??*[")Q+=97-]'S-7 MDQ=973#^)L-4 M.R]"U*_II9NR2$@N^'HSC]V)G>6:2/J->#'U2XU%!6^NLOZC;(<-OHWNL'\".`:BZ/?`:<;[ES(P'!&`:)?CU%5A+1OA`=R?\K&-F!B&"^!-Y4*)V;,P M3JF5:G9]@%^*0X+X47!*<*[(+?&E\[.\O9"XA+=4\8A('G%T'\SQJ3R_(JJX MJN09PP"=L"O?,B^:&?XG^WXED8)AO(\TWG385B"+/*T\)'2(T3#29W^&E>2P M5C#O>SPO_A?,;.J/I9NDN>5/%Y^="?GRXP"%X`>J&W#`V6ZW3=4#ZLTC.R:3,!IC![)?V)PH#Y;:*X( M45\LYFDOC1L*2J#,C1GG<-O[\P8L0T+MDD>\W3!U$/Z)U'&T2.`%,/G^-[1' M)$5I9V4T:]2..OEY/0"JJ&=>3Z2^/0#J4DC3=0PO,E=",=T4#+6ME[!0Y6E6 M`Z#:=@V`6G]Z)4[>)C);N'GX"F$+[:J]DP;+KLE,?D#KF"!,(<=J3,-D$HAA M^DZUU2R$UPZ-]O@2S/J(GL3I\:H6\FILSG01TH;1KUT\UY)I?!]DUJOY(GJ" M.W#/`XTM8;YN#QN[Q&'_R%WM\LGJP-"2/VSD\Y00)7^RFH[5WNC="D#)G_FRM+>Y7J:IG;`:.ET/Z,\P;0X+RB>L5%-R M#/+U:":K:>\.,'_2LMYNVI;Y)BG3VDU'T]\F:4;3MMT3UE&GHI$$<%N*(2GP M%R4`NBRK:?R3Y5".KI:V>Z,L$+K;-)R=;=;Q9KX76IUF6_M>:'6;NK.SC_7* M:'6:CKVSG[P9K6_=`6,7?ZBT@E+`6"B0@367<[@'UVLO]5P]T^]BIJ_/63%6 M[=[[V31Z\E-("2SO\,.$U7?,IEYXW//2&C6[PPAEI8^OINZ7>:BI'MJ6U8RJ M&54S:J_.6-JN*Y=I6:1_T@\=P\&NN MU5RKN78HKKWU@^S6<3M>\;R;@PQ_F43AO,(`B=*TI;8#WSO<*>JD(GU;<>E% M>/-RD<'3Y\W+11)/GSBHO+6@CE[N>1DWOR+NRN10MJ2U=W-;*[5&,M2M:NZ*U*_J=F[C:-:CY M5O/MY;^XG2OZ"[7(DG]1:N&V8Y.U0J>V(&WLVDF[6GZ*IL$H\)/]-V8;#C5# M[W=-I6V87<74!AVE:P^ZBMVUVKHY[%AMK;>V,1NYR]>?.Q^OAI>?/_P#K%7H M%[HSNMB7+.=6$UKT^\'U-:SHU:=.[^+C[__@C1.9]\P0M4HRCZ.OOD+MJ^COLDS>X+_U5N/JSP_PN?_&_N-7%[]_O!A>]#H?KQN= M7N_RSX_7,'+CT^7[B][%X(IDYB8UJI7=W=8STGYC?`SPWQ?YALA_YALB_QOA M[1M_P5\7XA9K4+,Q8Z/<=9TWPO59+^&`^)GC+6N5F6\Y#6/\33Q^X#R&OX\9 M`H2HCJ]L(EWH=WWG4??:?,=OAL.1&SX%+<'FS2-OD?CYQJ>;%<]"L M,V_.0%W94RV\7+V>`=6((N=G57PO-/DN\-N;$^Y-"EJ#[66I=3E0*`\D%I4U ME20>,$-#C2@QGN#S+JDXL_Q'6HW+L``0N*31.X*FL$;1FJK^*-KGPC<@5BT30>[PAB`X60;^9T8Q$Z0H*ME?V`PW#P?L.X MW4<<@P![?*=(3OP5!E1'&#ZL^S3IT.D3TRLI:@8I+8;KX]V"*L9]C8HT2-(9 MIBUF1U,$V9I0$V*"10T2NJ8T];_QQN.T4?-@`'\OQK<$64006M3--FJ,6'=V M'$+:BAGZ!"FZ%.D'NU&C.[[P^6?NX5U&!^BX,+H/1HUI,$GAHU*,L.;REN.D MWN#YR0(;X)XCFF08W"_N.2]FWE/6`ITI>O8'8AS'\SA?T\2Y#'-1PL8X/Y/1 M,9H-T\UZ=^=AVACKL2@VR42`+_8YAXAXC#9Y6T@-7_50:C&.TG(#QQ[1/;Z$ M:9B(MR2$+D)(XU,0F$T)5\4,/4W@-S%0>KY*("@S#E1'8^((F02*_OU%/_%WKMQH.#B8R;P;J"(UH%&#+\X2D%=KN% MC[&^^S`$QW``PQ!S3!,T;S<^=4XOH5)548*$@N'Q1L&4T/*(:1SM;64K_./!=\82YE\">0P;#9(@%TH6L!3Y"LBM$8+N:7\"%@+_Y:WW_E9VMJ* MZ%_%PX(Z*\'?/7H)`TL!U15(H`VL<7ZJ=N5IS%?O]16P`M^K-]`#$0CFC<]! M\I56L8/-S(G9:-OZT>)FCO!MW%VHCU&KG(6\>*=`5^#A^\$#QFX2VD@9OLAX MX7-D/AC(4!MC[RG)4$P)U?@FF$X)=TF@`F6CT6`Q07&PS.#Y&4.$H69.V2*. MQ2(*9*$FM\\"1F(55B.W[BGD([6:9X>KQ70N0*HX-"#I()@O]K7CF$YC<#:\ MT5,!3"/_D=QT88S2A-&#B?V'P'\D""DD,0IO(U2'V`LF$0!&X`[-HQ@!P&`4 M[AN`9?&I>?YC',Q]!90BZ=0X8,A''APTGMCQ1V(MO@YLG8"*CQ+4H#`8'@$) MJ9)9FEN&NRBO+F'R//J(])$0ECR;,T&F@>5!5ZNP!C(B"*[F/?`K`WO)^`+C MI0`@8'39GA7GMK!:U+B1S'@"ZT06DV-!,E`U_';UDK,IGI])#\+[T\!_D/'! MUH@:'>A0!$A,9G'T$*#9PV=Q%:@!(J.CULTEW9SV&OC#]Z:$&#=N]!'08]KH M@@Z9",3KBS!9Q+@&YPC-D_CQ0QWO6GVJ`RW@@Y/,SS=PNIA.%9!Z\/TXRQ/2 M,3-RE@A,.(OXD&.(K+_+5F7,5H7Z/Q3<E$"7"5$!!U)AVM&H@+QY'/1/0*2ZX3QAN%>)^)`)9"SP>\1(%Q1A4DH] ME]%H.5888RX>_8)XK.`WGXJ8SQ/?9QQZC.*O*`!,=\7\#YPX=L9FGVQ*IU!^ M7CDO04FGDV,`U]PYYX+38VN.-!*2LD?G,P(%A%\EBQL.+,;QURJ-Z1*2HI@D M1`J7LL`CPA^#=WW##D"HE^7KFUP(":2)_1,5/\5+)1!M3LIB3G'<)W^>>B4\ M1)%]`'X0@L"CC9E]8I_@[]*IV;NE3^[J)'F&O<%-(L ML3X=[AX$?AR@[@*'$)800](P.W:&9`!K=&1*33AW$3EF-3^,,82K'$;D4X,A M":71KO'SS+'^1NW&@E88-_^-%'#+A!!7*U/VDDN+2@0LCKQ5M% M7"UFAGS#]V7I8RJFA.!ZYS$H7B&1*5*C'[($A;3S4A%YB*8/^4@A9GUXK##; MRZ@=_V8*>K*@9(W_((&TTI#1'(,*Y)HG_GP^];/2;,PP%LN MIRC]'*F=K*)X.I-V6HL5ZBA]A>\5XH>T?'`@N@\6\IC@G8(!NY6T?"[6,8'- M&L4%D\^`'1&8C[GW(LB6S1-42>Q/T*+E]RT!V4;P/AUMTL'_$*HAP<@,:O@D M%8\@9ULEWUTRC&5UE"D2.FYR50+IS'1N?<-%"0A^14!N6&4 M']26F7W_/IA.4]C:XB#"X0C\I2,U^`!H`OB;`1.#.8J!T!0,%A/&QV']M(/HXTXULPN@`X]\8MKL`PYP$,7A0",&)P88<""?[%#BTF#T` M#<[PYR=!@NYB#O&3TX[S$/$S1&%=@`9]DKZ)$3?0O@30FF-S$[\)`LY\*7Q! M8B:'**88@4\IW)+E6"I,DS]0C!](26?F M;N:5(KLB0UH/1./1B\="T:W6E14(SB7=R8+L_CW3H_RXB6;$UI%`P)@^BSN!$MF!\RW3$G/<&4&KGZ^&P:4L42A=EL2F#1 M\"1G/3&7KP!RGD>7!`0U?YU!E9>YMX1WF.@5#N`#)7\Q4$X._CAW&L_<8I_I M299]YBM((WC3J@1E@4%I$-FKUK=-BIZ!AL%H#25&>."\FM8*,!C M?.FA*/UC4PZ`WV&)!Y_^N,Q:W"S(-TII$XN;0D)1`\>)-V7'+OYB)4M16TY@ MU0-Z`DTI^"ET+J1(CG\;"(LDSEJT;CSC3"X!FU`+^Q=0Q)&V#08S*-L1T.M2 M\D$$E"KYB?/]06]IU1[/#T[+$AX,96Q3G3!>:CZ6&O&FM%NF6!82,5IB5M,A MSU":'Q<(DOH?-+ME-(H3I+H1_JN5/N32F3#M`>*T&/G+8V_+?$C.7J9!B",P M#5B.>SCKP8;_ZA.(.RP)'EAI0_'-@%LH/?WQG4LG:S$([%K$CL>7TH,5'Q[^ M&"VF8QRLZCMB!-DNLQ?XI^DO/%:\9#^R\W.VB>E@*,>J0?^%=/[F,L%U:%-. M?.%$HDJVL>FDZX\CY948/V3B;I:"5TP^4!8QG09[.ZTHG/)2(Q$!%YN=Y4ZK MIG"/M12T+-*:H(+A1VL![)[W/N4-6?LB58&TS`0L0I$*(547\2).K#B.%K=W MJ287>BE72BL2V?R(R*Q9.&>P>(%)8BCDK2@-V!GXIZ22*_,8LUD3TPI;VF`_" M-S6K[)LG57X/.REXX9+U`0[CJ6.22P\7LOH8D$R(C(#[*&1VTR'@M_(Q!Y44 M'45S:DH^^<"Q2`1*@I:?Q4=:P'`XY_C>G*+S\**E_L@&"NZB:/PS4S&P@Q>S M.W_*'-4%IM"%0X#54B$O?1O=A92-N(>%S50$\[?$W%O+RSYF>.>&EB#'>2%6 M9$6F&1Y@^L187AHJ)4TE4=2`,2.4RB1[)CUP\Z=*DI"5FX01.,9PA$4]E2QN M_B9G+P)?`[?7E`6O"P=CQB=^5H0C_2)5^GT`D MK])[^G4X3V)617,M&7A.E"TO>*AD'("V1"TOWJ"MQ&N,&]X$-S]'L6-9^Q5H MFSST@H>?8A/;+!^=0\'+I0IYY(HV(VK_5N.3R&Y@55<9U859,98G%+,Z/ZN8 M%^U!]D_2F"/AP@5)LD!7GBZ82'/!K3S'FWVL6"%9/Q5V4.2W9*3H/^-U>OQ: ML2["M6,';I:"P(LQXFNURR.[/),(3RH4;*$S'_F5($'SNRJV$[89J]9@ESYA ME.5+\1,YPM$B\:C$#7WOV9RGU'A_$%P;YG7_7,86VF)=U)V613_)95EQVY>O MT2JN;,X$?O$8IOZ^\^D*",0Z%F^6^(6^,"LY5.@(LPO9C1L\?L6_OE/?-4;^ M%+'E\1)!^O,,+UWQG^FU7]^U]1^KH.<%EW)M(L;B)=O^<>/V#^(=8_DK^_I] M_>FC?GJC7DR;BKR[M!OH\V"O-FT\DF\A(#12IH4:&F@X!A]08CCL=MAI\`N[ M:BNEU\&OZ6[M!TQ\)8T!G@_S=[YOXL8OQ2ODU3&LPEWQ@[1S>'E^?<08U^FQ MJQ;[XC+J*Y<1XZUO16#74FI\-Y36:WH*^N,H[0Q73F;CUH8?^>FFY(H?NH'8 M[CCSCG68]FO[VAZ[X\RW[9WQ1TZ:,EUMZOI1NR@>C33-;&KJ"[8#+#HJ=Q11 M^_6=N_PHF#V2J5OS-3R^?QU]RAI9A%-%KF)9-/75:&[-?)O:S3C0_G]INBSM M;:Z7:>Z,@%;KZY?5UZ_#I_XS'..U/[S**3<-S^GS7'KKU:APJVEK]IM4"NVF M;9EODC*MW70T_6V29C1MVZV5^>M4YJ>HNK=&U:6,\='U]W9OG!1&[O%I?3G, MVY=8UY?"L'V)=7U93-HW[,$.LLL\%45,Y4J6@^N[EWJNGNEW,=.WX]P8JW:U MZ#3$VV/G6EA0$YRC;NPU:GF'$[[[7`_'6<4%^?V0WAWIZ/'S8 M5QQ)W(I++\*;EXL\GCYO7BY2>?J\>>G(YNMTCH\'8[F7CYZ8FU)SK^9>S;T3 M=9)/T26N:""0I*T63MGEW1WW75=W-"[NIKR.6VV>AV=IU_2X=E=IUK5W7VG6M#6#M/M3< MJ[GW2KF7UZV_4-O`I0[E]]/PLL/@(J0VI[EV`=2I-`6>IKZM!40D1[.:JJI2 M!TS7->G?O-*!&MU7M&'%5N&^SY"#L!4I:[&]8Y?_ABC2-`5_*=1MEE8.QV*8XA=1]G6;=0K^;K MF)K'/S6N<-F)/W4/YR4]_5.T=I)IP3BV7UC?XKF`*,[!"W%)38KO>!QJAJ./O[Z+IN`"%B9N>+A34$ER2X,\^MB\#O73!.DAW,O"$WSE<0BW69=BL M1F<6!U,)6'"88B1('+Q"-4[VHAO!?YT7D-N&G:MN]G/_GS^+-MZ=JS]I:$5U MFWDO@Z^90+3H!PF"<@?A@C3YY8P#8;!.X?T4P1R MY-A\01BDEBXW-+R=#L[`$E+8D!1)"+XDLP:1DV:S*0/4@XP-??X/W&O\9^ M\`\F(SV0F]B;7L!J??LOGP#[<,-\]B>_OO.CZ9=/`U=7Z'\T4U.5_P<>CO7E MZKK_17>,+TB"VC;4+^J[1C#^]5TP_F*U'==Q[2^:;3J#CMI7=,UQ%%-K.TIG MX,*_^NK`%M M]!"]EZ`8"!7K$P,5SWBP-R(=6U6-GJ4J@W:[HYBF:RB=OCI4NI9MFKKAZ(9F M`)'JN]]PR?B*%?5ME88K=0+/A:8+^K-LVV33<(/_=EJ-J^O+WG\IW<[5H`\* M],.GP<>KSO7%Y4<2IIM*D_!_%*7Q[2:>-F^B\5-#48XP>SN;?!YHF6.G)/F+ MA`(O!;8\,[[,#)"+S(_3N@$E4.`8W(^(@!J"`/ M_@,.SHN5:)C[EC(]6ZC+L/'!>\J4FXNZ375R*+UY!LC>'3M3/?ACSC%\M7%Y M'P8WBX3YXL3MBQ"=&^3!IZG'<$![WBR8@_*]\L,`?GP?/#"4C%X4(]0>"SW!QT]?PLPQ^$KS4Y)A.9)02Y"V\Y]#:)2Y489/+' M\'9D`0*)G"WBT1VBG8GR_LE2AIV?I3V<?9J9V$>._YFP.G"/9 M*2$EH\4[`>`:+Y>#E):>H.0$M)P_9D#/4<-+8>72PSTP MCX%ATNJG<"UBAIR@ZSP#*]A76-E*!G)01\1R\>,1N&[I`4F(TSE'^&,@.;FH M@\3]PNR.IRL*%HD\4K9PEVS^FQQ+CF)H*M04YS$J`UCK>_(0"5Q+04$!EA,& M#P'6B4<%<P3;`#\)`DQ MPUXZFG!("?Q.(UG0OV*,'H./F=+7B]%R]D8M$93 MU1)JC81](U0)>K!=GZ&MXW3_\+UQWI%=@F]CF=OCVZQX95^_KS]=?_K@G]Z@ MF,!=M\G,[9&1A-5\2!LF>B2>&93Z3N#Y>K M/0%F_;:CL:OHE>*.0F&WS)V!*&JA.&5. M/4,HW):Y,Z9,3>H6IU+IV,D>778AX(`E%YB^$QDZ.=LKLO;B;WYV6&]X\_.5 MA>98@C:Z:]QYF/?&7&$/ M4[ET[SWQ"I'2S8(5Q4F8ZA.9WV8A]8L)_IB*#4I9Y::<5CX_DQ++K$)J`>L; M@*3`GQ=84?G<+/(0!EU"%HSP&,SO0#C1Z:+,)TR&EV>)O.XH"EEE19(K%J)R M+S;&TFHOJH<`VF#F],&E^63D),\HLSK5))@CP$3\P!W"(!KSDA_,JV;Y;BG+ M?7[&;YY@ICM:Q"S3W6S<`'7$5%'G@WP$:H#[,::XY9TYIT%@"!`B#"`RH4AP MB>CWHAP*ZXM\+&6-&8'S*140G&,E+"YKR.N)'B)B(6G%I)5MYQ5K0BMR?K;I M@D187%6Y``&K!>(U>>/U#&95#:A>$G_FQ>(*D/@LK%HXNO-%BITMJ`>B+O\< M4)$>\/L&F3KR<8_<+Z;S8#;UTV(\P4V)Q,;0]? M!_H#F@/^+9T`U8_A:[1=J*9(S`>$,HR6L5]F/M4BALC.6>P_!-$BF3[)?U\^ M!*Q:4E5;?"P+MFEU)Q5V+ZNN8\(7S!/I>E0J6,!U61*X,(H"2KXCLP+*O`#R MJBNV4;%8LTGWI^"9"+K,TD MOXIJ$6O[:A'CY2H(ZD^_M4_7)1L'*=E(__T=9'N_AVJ-O^B.]YLF,2W5^*6' M+L]T^L;I?:&BC;ILX2V6+;B.VM0UY[6%49]+MF%J36=WK/572W9;;ZKF=[?: MFFHV;?.E@7N/3C:VF]$/3?9KR!N4XA#Y,.7J4`++#E!HN9@?*&8'-*NEOT!Z M0**VOX@INEC5=&)E[AI?%M,_/UMVY;@0+,*K7CP, MK>E:T[8=_AT,#6*;GV1Q\S>\25='-PC@LCM>O`X"0Z5>_-6?Y^-R)?$Q-6P:!$K&#!GD>>`=8-9GF^'V)4^Q3ND"K4XZ$AMX&@69U$]F\A^JQTIQY,]6IT%TU1 MFL25T@`CER"M8Q\[KC20XRCV?%VSR',A1HW1[MP%8+;9I#`__G39_H"NFD<1<`@V),U+#2+\H#KHC.E^_7IQ.B>[YXU36];"TV?/5, MI$^GY6>4L6,;"M6@-X=!,7+$2_@]=,X9+L>XZ*V"Y(\C MG^6Z1HLX9FVI$/6;K)?W).4RL=?-/"FJ5"XRL3_!W#3>G2=9\`J2A_-%6AMD M:,<^N[LO3$%YTS`%V)+J)R25C#E-Y$&V)80`YNTTT_$>L2]C2)CX^:2HA_M\ M%B5,`:](-"7-=.THB2>)TE+AD&2LB@XA8/D6!+PE51CEY:DQ9M:3\K-L8BA8 M00S[4[:FF/AB[8YR?0E?/G^(XL&RU407MU]5J42IS0LZ9ES=CF6[3'X8.!VF M<#K$@J,KA`*=6V*F55;ZDKP?%A<6["#%TYH@%3<%F6&>4\[_*?M1E=?AV?_1 MKTJ=H9[9+BG?>VD(0OP7RK#4DFS_G95@<3EL#"\^=C[V+CKO&Q?DF2R,OCI_H\'?/NCJBQ$I=A=C&%SWQP%F?QPO6L&A]21GU MKBNU/S.T)F]IBM42'GJDTVGTB+OI)VJ=%"T2>#/Y^73RU,=I:]#6#YJGMNNN M!O6GZV0Q99/LJFQ2JM91>Q64]AO(H*VEV=@OS;6D+N;Y[R4NTR? M[)!Y?GM2N9H_Z&\VR.'\WBBO)>-E)*/.[:_,[?>\Y(YU:L9_8'`1YH+'@9(O M?:+7AW2GZ;Z^;'=-[$;=!&Q-JXFM;X=7:B[IEACJKJ/KJV=7;FA-TWY5-W]K MJI]#M;XS?&1-]:%UVNGZ9Q^C.;P[\Y[2%EVO2W7G^W/1;GZTIKX#X/0"KQ,'4#* MVYS9*_(N7WD1RH\2II,H!(`!%PF*%\%(+<*4Z`F(:5I?U,P*;7AU"Y85Q'2% MW)O"&#=1'#.QQH(2WGPAN`^F7MR8/\T$$I9X"!;6"V\9"$R&/I("3S:F_H,_ M;>BL>"O!?"FA7F7K[F4X98G`*3O'Y@EC`H2:5U;@ENL$5J;V\U4`L#(2R%0< MA?#/$:.`(*>>V'\>H##`T0:NZO05S=`,Q1QT^TK7':A*I^=TN^UVS[3TX::% M`1(6X$;"MTI^2_*X)S2^$N[>WF9Z3.0[F2TUX%T->+<7P+MM=5`&?=>/1N0/ M#(D8=BMP"+]+]J:F#*=KN-J@K_2MCJ.8PT%;:>N.H\!)T>T:`\UU]`ZH*?/= M;__/8+!W2^>TI/RJ^\1M.9GRW^-H,0,V[%_A=HU.=VB9JF*K_390`D2XVG"H M#%2S[PR[SD#K=W>JQ*J$^ZP&'ZU`]ZS``-T49[2D4I'RGT[156' M6B=]FW52#[%.^RD#6TG#TI*P+5BX-[+W5X66!L_R9]>ZS*S^]/.*?U9LIM=? M"%27G)UHR=F;EKJZR.@4BXQ.G_):,DZA_&S3_.0J%7;87.4F/GQ=5W:RN:R: MV-,HM?JNB-V_CCM%C5;7F[W&Y/SW2W5=;_8Z=-WK\.?J.K17N"'J.K3OBNSC MUZ&52LUNXL9HZB7)K^\ZL]G45Z@UT.@."V*4T']$((]W+.1`KR\O6EF3$,VG M4=_[7N(?JD9E:`]ZMMZQ%+,SZ,!_]&REVU6'2KOG=NR.ZUJ6ZIQ$C0IQ0:KU M(`Z_6$%*KGT0;^4#@SW>^5@907`W;*94B(#M?*8X?RJ(\@->/<'K'\+;)OC< MLP";PF3%@.&M>&7LSWS66HEWV5F$8S^>\OHZ_#9E:*DE#KW2\&YCGX.$7-\1 ME@B;H2=*,4B*TWHK&"5@#`Y>]T&BH_M@E&O+A9V6%B'U\UK1#2MA0!?`%@(C MPJY*]XM[SHL9;Q%#'Z2Z%?X'8ERKT4D8M,JF/1;9V^.&I382/PQ@P:;!`R-! MS#;`SCRFF_78R[7MXZP779>X"/#%/N<=R!ZC3=X64L-7G9KL9>(3W8!6]*0V M7&EOI7"TB!/QUHC!X."R(2O%%+Q[K'WZ7U:*E/CL;QEZCF@TQGKZI6`F-":. MD$E@C]<,<6FFZ"35]F!/H5R[*E[2%(AN18DW]7^AUVX\;%09>V&"""0$^<.* M;PG-!G]X2CL(WL+'L/W?`\Z#NO^-_8D?QP)^)O;AM[S:@2C,80*5*$%"6XVA M-V)MWAC34FB:#6M94;[F\(][40A6J"##`6+_#L;$3[^/$M'@CCHCAEAE(3XY MFRX2,?4\](R\+6F:5#HFK2^)**YB,D6SBFV[)I/$GXMER(T*DTSYQEC*Y(LQ M($/K(M'"(@[X_PBBQH;09K&FHJ538JYJ@QRWF13MT=63,G:?;(:*=9JG/[( M`>LY0CVU`-O1H*/&H;=8)\UWL&PC4+=3\%(N/@Y+!E\W-5?O.6#K>UU=,0># MON*J;?@/LV?W!F;'M#0-#+[Q[C?-@&]F5&]/4YXG`N^VP]J\?ES@`EQ.V/M2 M:_RNAQU6#\$.Q2AQHZ^[^J#G:(K>GM7N6V1VX[<$7^(#[ M[C=XTLES9"N*\LRX"$%F_6OOFY]\\H+Q1]B$SZT8EF-V574PP)(_Y]UO#GQ()KH\\SQE:4NVJ#,B M)^)3'(T7I%,["2B;9]0M'HY0W49Q-]IY4M>2DJ>\B^7X?I*`>KKAOM;5W)]U M,@4\@'_-GRYX0]&+D`_K?P;MABTO28\ M,_^$G8-&XF8!&VS@Q>@E'E=TW-Z@ZPS;/:73&?9`40Y!1P[=KM+KM8VA8VB] M[H!4P[O?%*WM:'J.+Y73+]@(\&Z2SSX8IH5_[/V_X9*;J/4,Q[;RAB`_\9)B MP_:M?M]G_WT1?HK]&2B*/G$2/ M7HJSP`GSI`T\<2Q[#4NJR%G'@O["'\;1?6!_V8=3OG]7!7PRS;3@ M?U;[*BO(RC,DW:?9$IRBW&AP(G%-,^^!5\P]3QPZ%OC;RY#=RB*7Y'+R`AIV M4S)1PVI:CLJ51.3IS042&%-H^6'#G"*UA@K4ZJJNYX5Y!15YG[ M-W.PNCT6$Z,S^F46`3O%K6R`&;&-O!79G*(B)X+[FT6@LH-5Q;]`ULU"U0NIZ&@D=%]`EL6Y;4;]RQ/<55U M#4X*^1/0:B**+A"SU*<<"H$EU56W$`$J3'RY_686CUS5TU]WUN19Y`3['@0/I[HGD6#==+7B.6DM,>O(E\Y0 MI\T!/"NVU]%?2E[L M7\:W7LA3?)_]!.&)YE=^_!",_!-V&M&[<%6]L/NWH2K/C\YT&HTP+YLARR>Y2I=JVLKYK#C*FW#[6*TK3L8&H->W\`N#+`C)!9L1L@Z M?=!;)',0J;COT^'R).VVC@E)S5FC"XJ4%#*0<3#W+R>3S/W&$Q:F-#%UC!;_ M)(7?@5-BV\GG7=:34I!X*;7_&MPT\&3:[3S)JTC($SOX-O*3!"Q"UP_]23!' M/5F]0=)1.IC5H\J=4^2&@:D(-W^^>A:1U<^/R5KV`P(VG!.\6):3_'<4A/._P&C`[T]R_/(0)"@; M4=R/%C?SR6(J_,A39(`&9L\J:/]5-!2"HAC[QCA:??/`%B-1MQRYHMF4D%"/^ MR?QR(D*H^/<3CA-J6D7X=RD%>4+[V&,2(:AARX/80NW_3"%R88T7LL M2WK6M8D#[GY,Z-KMI5N_DI!5WKTX$6#"")@U]$_3J;7`Q2_D#-;2L4%@+U[` M&X%W@^7:)^K.8[;$T-5B*F$],1NI"!8%>I4JPM`P^6W9AK:1CMB0TN4Z`BO9 M+B>OHD#59<'O:A5134?93TC`Y'#;>I+A3G3S=<'WLM6N5ULSV[W!GU; ML7MF!R765MI=1U4T734-8^@..EV5W1C4#!W-6D%JU]!2J-\!WS[VIN@JC?%> M5S+'3?UPRCZN0V721M[O6T/'I@FK$S[$8*I"-TLGM=6$+%?-!9AU,V-*%7T$/8\(H6:1Z\MK[!CKC(DP6,9X!1%ZC1W?.DXNP4&0-SYZX M[XO9#(-+Q-X(S?A&AZ-E>3!>@?6__IA%R3YXW^BB\+[NTNOZL.<8IJO8FC[` M"_5@&?L]73$TQVE;@WY'57M?=$SA?3+_FY&_RWPS:J]CND+S1*,(<"'D<"5P(NN]'N\[>O'B7R!%J\-4WW` MJENMZP0I$[?,3-%SG4=$VJB06RZM_!K^ON1PPP0YR.$G@^^NG29<4";\4NM? M[*1Y&-*T;M?N6NV^TN^IEF+J'4WIJ(.>8G<[JF$:>J^K\28:!-[`:]S>[3X\RMDB]M<5.1A=H]/I&ZK2=9VA8JH#0W$U MJZ_8_;[I&([K]CH<$4=M6=Q";#3_C-PA(H[X[\&W!FLR!^L1@)])1D--$`X!.P>\]GU2_@!GXIW^POL[7M#H>68?44J]TV%6QK MH'1-35>&3M=6>W97U5Q>9\+%Y\ALR=9#JMK+I^R30WETZD#3!L-.%TYK9AM4 MCZF#N3':RL#0S5[/<0;F<#N/;K^^4^K0R<690=CX$R_W9?"`Q*J&X-7)N7O^ M.&W]%.3I0%@O;.(TRC>(^9OH>>#T2)XA<^&$;XA`6FD3K&(_E#MO3`A<.4:Q M_CVYX1L!+Q)!7*R1M\!V2'?8[480@0/!(.2`CAFX%TZ%]4^ZI]XI:<^IW,A\ M$LGB!KM?4">=K\'HJQ(MY@UJYI9@CROYSS,OG@>C8$:G.VP.0T^U8+DW8$"^ M-5,,NB]FR&85?,]SO,AO;\Y<<.9[>^._%V@TJ+]0;B"QJ*2$&`]X[DTPG?KC5DJL M-!H-E@+^AC[VW"+T2^S,)3%L+!@F0B1-WA90H,GFC%*>"-%44.A&AEW'3-5B MROX&A#S"+,'&4>LSF"^Z_\QH>F,P*][H2;Q?^9'<=&&,TH2Q<6+L/P3^(\/8 M!1*C\#;"+FPW'L'O,HS>NR"91[#K"'*7!_XQKH,M"QN/6,RM1),)M7*+`Q\^ MV.0(O@Q]+V,MO@YLG2=$V$U[X%?:#+8BF1\\1!7%"N1O?BIU>#[0UC! ML%K4>&^^C">P3M2HCTDSTF#X([T\#_\%/,E]EC:B1>401 M(#'AD*/,O.,J4"=\1L>ZX-FNZG/GP-J>P]8;!M8T*6R]TX3W9_:%'3L=RZ_O M:OF-=[_9+=/=C_'?BB_9&W4GE?@2FS>0^ARDXLA00W)4/7S#T;VC&-_AO3=>VURVJUFVW;7V@]-K=H6): M`QL$HF\K_>&@I_7MH=OK`==4E>49K`WJ-/;%DCVQO_0):CMR?>>%TM)32N19 M.^W9"]&W=,O2!QT%E)>NF&;?45R]:R@]=]@=J!VW8W=YUUVCK:NFLX=EV)(U MQUJ0?(#BQ19$<[IM4X45L+6!H9@#!YQ>L;@V%/[YML9^`]#A.,B7V, M-1 M2YEG._/$D'/?^Z1M[RQ[GMN[1Y:9[M>\GHSB8L8/$7UX< MX*'A,YS(L0'^LS:?W;;5;YJEZY;;AI]=S3*)2XYEF!6GH/:@Y_;:,*RM@J]E M&TK;ZKB*H;FNJYFZ8PZZ7\#7-;YHP*;W%]W+SPQ5PVQ9/\I7-3>G;6TC>"FG M]IGAE&S9>H-SQ%7-'$?:CNZX.]4?=:V>-6QW;67H=@>*V8:#M-O7X(2EP@D: M_@0GK7XJ2WKA&L?F%&9;+*O9`FD"O0[*W`L3XB?\#A0;<#DM?=\78W8FVD&= MH_(=M-74I2HK#@AQ$3(()WCJ/6$%_1ENU65GP[67/O.%?><+?FB=;=J<)SIZ MPKS8:B5I919T$M@E<[S,>#CZQ3<.0SP&:M4\\15$992+VZOY1C5R#&E'F[&* M&_AS6][`&"C#?MLRA^V^WFYWD5X=K^=F M&V!+8J0*==@>Z;;Y%`?P\FSJ[W9W_TB$&Q0=XX2OGW\5K9>3#_#`K7?KOX^\ M;=S.(Y&HR6N[=-HO:M3:.QDU$P[JKJVVE>[0;2NF9@V53M<<*&[7,7J]X5`; MF)E/J;U*H]9^!M'V'HW:H31Z^YD:?7-N8'/)4]?H[;6[WK+!.7/;'47OF)IB MVK:I=&TX&+B6.7!M5W,MM?,*-?H^"3]1C;Y/$G?1Z%G78]YAOB\@B[9;1!5( M5!U-XX#0;K+[#X;9=F5"5\Q^!9GB$5X2@6H/]@J]O@>:=ZD4V9`#V!NC M93M+Z%]!U@IF$!BU>!7?88V$]\N(-<*^(?D&6NN\I&]"RN%::3#2->,9I&M# MH^,,+$.Q;--13!A,P?P&_#AP+%4'Q[W=$ZTT+'/'5AI'NQ1W/(90LEJX[WNY M%)=V5>7%_&+O](,I(OAMSH2V3CS82PG91K4N.B%"*6K+L*3FL-5D5+09N:>^ M,[RS&-.A(O-LHPM&X&T;G0AD/S;8N^19U&W$7PMYVP) M\_5(K-E41+`IA=,NM-7:DJ35.V5+V-Z7V"?VVGU2@=1[(-CBHZRZN\6J;X): MC#:6Q45$E;,X1F+[#E2WK%_'1=AAU?C[%(7*WP)9\#J+B\:C$WO!FOG1W/:#BOB`&CZ?# M-)ZPV0UA<$?LMN.19U;)ZD&1VXZGJ`6E7U?!_AK5IJ/[=E\M$H;:/9S'?17M4P^;#-_(X6 MF\)>?O"9/?3RN_:_>5C!=8^398`06X_&Z-JZ:FC*T-8[BFGB MG5RW`VP8=OKZP#:LOM4'NO%NF2V*-I9/_$!7]8_G-F`%^0GMO(^H$?Y9K^GK.]^VD8LA''-)'MU=63S_9NTA!C5Y.A MO>YL[XZLV51$,-OK&LZI97N/NT_LM?ODV-G>`Z^ZN\6JGT*V]SG=LS?*]K)" M(8JIGEBZ]^#ML:FZ7;%L+7]F.GRZ]^"]?1@VN&N^TG3O$?A#Z5[+>L7IWB,P M26.8N_F3]G'3O<>@LHV`BB>0[CT"K93NM1PKOZ1'3?<>@\I2+NW8R=YC:#`- MXWTODNL]!G5FE:`>(==[#(6#N5Y=W3[7>\ALYS'H)I_$SGM;+YKM/`;1<,1R M=8R-BLJV78*T/&*R\QB+J)4LRO%3G<>@DV[14&#V)5*=QZ`0+S1; MKFJ6%O/`J@5),=5J%5IPOD.H\`J58BFJU3RO7>83` M#&':\Q9\H)?A=3`T,`O^$_Q,CGPP"?RXD8SNX`3^Z[N[^7SVCU]^>7Q\;"7^ MJ'4;/?S2N_BO=[_!R)K*MWWVFACXE]S(_YIE5U/I9Y"C>-Z'[?$;3DI1'475 M_O5+]MOT01^8DCW65@P5AQY+#_WK%VEPX#QCR$[<,4Z1.\9FW#$.R)W"1>A3 M8X^V$7LTA*`\('O2G@&GQ!Z0B4W8`X\=D#TKVXDO;33P= M!__PO\VFP2B8?V#H<^/@WJ<^4;^^2[TV^.)X,05%75W97OZM[W_T[OW.MR!Y M]QOK43H+@J"73-_[#T'"4O@)^^"_?JFC.UCC\1^4GS[P4F^RI>FQ0QF$;9I`G>3*B]YX4D.\;%$OD[NO47)W M'7MP7AL1/O?JY=SXL^^C\';NQ_<81;Q^FDF"-(P6\2?$F!R"@_@1YI9A@1]. MEM"GY"=5[Y\ M6[:Y?WT+VO7CK]XX\-"=1^!!;RJZ4>Y+*60,K<9*21(@3F6+/JEMR$=/O:=U.*C)R0NPYU;#C M9G&U`[+'H("":N4#1Z9KZ^T3/1KL,:#P(?#N@X.&$50+%F]]&`$>.U#$B`7= M-146.ND>#(/YZ.YF$=\>Q^,S%&"FOM;C8X\9!US`HK]GM'7# M/%&KO/KL[GU]C*+QL98/-*>^;O\=5L'RY8,?I>4S5=4^U8#MRN7[$(S'4W\> M/89'7$$\2VVP@JIUN!4T55MWV`JFT19-Q>B+JQJZ@1;3LW4?R4S0TD[\H/@RAF0"UIJ=(;CRN\IAU0 M2_PI2/QW(7"&:\$CMAGZM\(2JI9FGVAV8^4*_A50R.1HR[?)!C0. MOP$-->?(F);N&M8K7+[!].M=%!]O]^'.VF#Y\/;#(2V?R_U04:R,M48G:OF> MGUO\-'VZCQ;S8Q8G;N3>N`=V;]Q2>%QOFZ]CT3>(6E]APX6-8]:UN!U8W`Q- MS5MTTVAKMGV:XK72)/SG+IB/HON;/Z)%SZUATHKK\2-2V M35A$VW+,$[7K")B:WWEPTL>Z8?Q_IAW@B8.7DJQSIOECAW&F-5?CY_S"[2-, MA9YH['Z/Q4)'4[$;ELS9ARI96+K.]2VS[V:MZP+`M[["[&[PZTB`O> MACIMR:LE[>TNM%0CI]FOPZAL4KIV%_N;WQ.LS=G194VU7X>SNLFU5/C'`/W/ MDY:W[]M5KDOQW\@"U@G=U[:&1AV;.+#"W?QNXM'7^I3=R%?DS)WP"MV MT,SP&KJ=,[RNI>M2!QL37"GK51KB9.:'O\?1PS%N4@4/?GI$*!Y)>=TJOG58 M/\#8+`W,'CNR0+UE`7H+RV9HNF[F'?"V[;[&?=\/IM,HI-UXO.2]KN@;W(?E MCQUO#37'TD\T>;]ZZX5C/TXP2#\.O-![VVNG2CV&<>U`6[:_80&&Z6JGN79# M+X@1?-'O@D_E)0N&V(K(DTD^U3)(YL$]L`L;?_-7TG_T@V0TC?#E_2YO$&*S M]GFN^;'XW>%7S7%M\[6O6L^+XZ<@O/WLS\!W\<<,/?.M+ES=4>M$%N/%+RD= MDV;]]&C6#TRSVH9OZ"=%,VL3C[V$#D5SW?Y]WV$4:?6<0^]2J?%B[97MRYZD MG06/MVJU5_;:%J[VRDYD,4[(6A^#YKJ,_H`":Q]Y\>K\\^M>P#JI_"J7K3[B MO,K5JPN$Z^V_+P&JJWYK)^!9XG1BQX[#TERW@M\U,<$ZO!]L7>H.[[NLRH$/ MZ:<"&W)DFNMF];L*(_:@/]3"(/SQB0FCBC1KAS71==_]5]!WO^C"8/>?(\B$ MU#QF\-617:X\L M)V]9+DYX-6KDBMU,(`.D.-2J:+!'K-,ZMF@DB0=-'9F:?5HTJXIJ*MHA=2$# M"3@EFDW14_]P^K\&6SF)H;*D:5(S37F(*EI%Z3J-28)+I.[ MKU&RQ2KMM3(3C@X(]7&<_+D+MO'H(O(]B,2K6Q7W#6S1.*$5Z5N9_:L;B_Z49>F[E+VXDM20_<]YP["09-#FE;?:C[PF[QP#/J.X@67]V%PLTBHOP7\[B)$)P[3 M.'M'6RRF\]2M0 MIFP5\+V/BWL_]N91)EV;T,%6J/I]&K;OA]%]$"X;N&J%LC'++__K%VGNE:1? M85U8)0/I+QLP[]_HBOT%DO MK)SMRY_PM\IAESR[P5&UL550)``/! MKUM4P:];5'5X"P`!!"4.```$.0$``.U=[7/BN!G_?C/W/[C<3*>=*2$DN]=[]X=>7F>\\0-]MEYPX'8)1["DYO&U\=FY[%[?]_X]9#!N3AK.\XT".;7K=;S\_,9I=YRR#.7S%I.L[F<[EM$V+7S\]E%^^PR M]OQ^VKZ[?7UU?G/\GW9K,%Q1- MIH'S%_>OO/'Y^R;O<>D,S@9G*8Q_=AX)9KSU;`[PPNGXOC,0O9@S@`S2)^B= MQ8/Z,5R'$3EI\FLO6LF'CQQ^+.;QI,#2;^[`1/YM2.+YIN"P4 MC']W?G5Y+KK_=$?<<`8Q1^I]Q`$*%O=X3.A,$MUPQ+!?!_=KU+M@C@+@,X@1 MH7()!?%Z;(GFK=P16P>2.^`=?W\,^)(34_3&GQ#F[P@!OT\8$C-T?<`8&B/H M[4>]YMA'Q-$'%.[Y*G:8()C"`+G`+QW9/3_?9K#C!Y!BO@:>X,%0MD(N3YA(86W@"'6&_]\2.:8+Y878"#CNORVRC@5V:?^,A%D%6"]I"IC\T` M<5^&T1OIC<5K"&-]2!^G?*,?ARV[$%0>LX848`9<,2O[ MCH)I9SQ&/N)[L)H5LNMTY0'MN/\-472,5P.M>((C@FE7CJ9]3#@7E<.Y.":< MR\KA7)8(YPZ.@O2^K63WZ$U2'JB/G('!HA(H>4.7>,L%Q/WC5JBMXN*`G'&5 M"3&[3%4U0/FT-Y<$\)7R)#B-O0'D&CWT*L>L/7O5;."J?4"1RV>5OW>>`?68 M`8;L04=YK/D$$/T&_!"F5+5[S`F2NC3K`DH77,#JS(2DQ3@UJPXLN\>A/"J? MH%*TM"^$RU=#LII@I6.Q'IT`C/XG7TR7G[I<%/6BS8V]M,Z2HB[IG)+JX$MP MZ_/WOQ\#CTA?Q?S,%?`KXY+FK+7`OGQ@A@>KV6O!BR$8^:8X$<]=,1_BX[\/ M:+!(2W='.#IVF;IB+MR&#&'(A(8_0E@>6$=@@.:L%6,7 MW*KFPBB'J(HYQPF;H4#^+Y?]N"PH;C6(Q9UVA.VVX^P5\V*E-21S5[>C\B`V)/>%2CIV+6\ES"T?RM#0*.0)6FJU=2PFGA M/%N;WQ>N?4+7%T4\O?3?CP$;22=^R)H3`.8ML5I:T`_8\HEC/2#._-CBIX)1W-$('L:@L&5ETQS] M:(ZN@I6QUL8$E?%+?(!?%_ MA+KS!'PIBP5+DZJ\L96(=/H:096<%+D`-IL9H35D`9E!>@?GXKXOVA"*UB8H MOX-CR&?W!O`)XK!`,E`TK@'=A3M7W=XD]4/P$AWJA6)-7@_#"%*2BO9K4'8S M@B6$GRB9K<)M"MZ$HK4ARH=$G^Z,MB:HCFQRGV$P)5PP?((LB!V,F72K6IN@ M/(H4Y8L7IO0+!=W9;4U0G=II_*K?MHXJ`!1V,XPE?[G71']Z('@RA'0F;2JQ M1JVB.*NI"9K3!.0S.:NE"8I[P112'14JHZ%A>@NOS.RVQJC>Y;;/Z6""_CZ- MI8]"I2*KI1F*R1S28-'WA<,:>^+@G8OKCTM_2M)SNNR&8"*.87 M,@NI2&I:ZC(;5.GT,,'8)#3K$.5YUU',(`T`PM#[""CFA+".ZX:S4#JON#". M7*1:2!H=3>#1%E]J(K`,*01\Q2\*SYR,ABMZ4VZ+#ETG'5!W.2#_WRV?Q7KB M7]RBQ432A1BMB0(X6_8?<[5FRQBZG(RH[)`.H9S%,OGTZOR\X3Q#D6`I_^9_ MS2DBE//^IG'1<$+&B2/SR"Q<5W3Y9^X*;/O\%,`J5;$$9_L4<"H$K@3EA6TH M-^3<-%C-*RW9M]:]XASP.]_L"1M.:0WD>TX3S)L![5_,6&%13+,/JS(,[LF3+!(LMGK<,ST MHR3P+9)U]H&?U6H%_M+.]ET0B7ZNIU[/E]YR7+E)XCMW.#Y+UD5&)N@ MMG-?YZ#.=*XF>"U28#37M2+`+(%LD0*C![DH2C:!;J=&DP==%0B98+;(2:!W M-V>ZE1/)Q*(=K:FF;`7F)F`MVLMZ8'7R'Q+X%NUG/?@ZWN,$_LEM[2SG;2)V MKYEDFIIXZYN8MEZVLP[$;A?F/#Q^925B>Y\!!A,YTR.D3\@59G0IHV3$L.CT M,A%=D%''X#&`\U0)M&AQWV/.0\B">RQ_HA`..`:QMB64?_)-K@A+*',&,VDD MC*^D`42S44B9D+H_OH@L;G4^B:J]*>J%E2"F014CO=7,3$K`G$)^M,0EB#HS M0H.X/)&"[+P>)A"(12I*B?9$,9!Y?$#VQKDY@_E]C*"`&%+@"X9Z,X01"Z@\ M///7?5$O$TC^!8$?3+O\7DK7NAI`AKSD_,T^M/<:PEQ*@5A!PG<=54\(N:C5 MFXO:_$)OO(5C0F'*V_OQA;\;+H;PXY@N[OEE*4W"O">_/SE]D^51K&!)E3.: MY^!NR25Z?8VFFL0;\);OS[$R6%/5V@SET6*(21'5AY14;[ M/HF2E,`5UJV%9%'\NR@QKI90XD:/4_*,;Z%/GC/4AJIG-)(%LL14^`*S6AK+ M6^$7%EFG)W^O%'0R$\H?*252HS*;&@G7!_Y*0U8GK6RV,D+IJHI7NLZ7 MBN#LQB;H_DY1P(^3<6^\=+6(>_2>L5!$C`G-4(%!HZ-1$YU*]UW&R%5^G%L9 M29G'-6T-T0"4SVJ:B!D3-WZW"XIR&NEM<@95U$G*X MH!T%9V5E!(W7G^U'.:PF@N%(R>W/@9NH89XRMB6:F3"Y\L/G$U1&KQ7W,U*1 M?8VJ.&X63^0QJ05DH\M;>&@MPT,SB\3T(=_O7)UP1?PWO(/1OZK@RUV&,%FK M>;>0HJ)>;R&F>]4^?N$W+./M#::-5.I=,&UVK0>FS512;41;'>N!9[,Z M64&EZAT&J`>^'6OC:_6N!S)I)5U947(O*W;Q5&1GMXE^\`CQ:0]0" M(]\"7BA6.\R]0(K[&?K>@@NAM_(+4C0*Y0Y=%[Q4F#1[FT9VA^3I',B/6B>& MN7\3A(-O_*7PYQH(=48QC709$22_W5WPP=+B?J;1:'Q#2-G<-.T#+ATNC^;U M$MWZ=J[]QS.-7CBE>F/=H[&X8_7?<>E.`9Y`EA9AY-2\K=K*4-ZXAE[8$V+" M2DKH'0E'P3CTEQ8?]:M2=S&3(N:2"4;KGK2B5+&<+F8P)%M;A'5*WTIF134E M(NT!3./3.-*5S=^2Y-Z2Y/;R7ZZ5HSQ0&[:R('5%3-,VI5A9,*XBIFG;X9*Z M:Q9%EY=C?-SX/)5"(;"R#E_Y#%)?KP=6[CL9#AV@EUE9<[S:-58DHB8LNWA; M=?EVF815%B4-EL^I`V.$$BY:%*1>P7I3>@X2!MF4&5B._RZ+0SFV>\5'5MY8 ME>O*47R5Y?5Q3<,$:N4G7*IE5:[GR1^[5[5/=LB[KA>=>'9MV+MUR`H;Z`]B5 M'Y&B*,_PVIA46.+2IOI]E6PYC00X1;F^5[?C=DG;LK-27WD\*S&*T,KOO1YC M]>FE:"D*[[V:E:CF7W;JGJ+*WAN_ME.]K:RB=R1.;:5CW-9+0(,]_Z'6>^,4R@5_"V8@+NN-X#T?L[(4!"P`G&4]4V0T[CE(C MI%O$R6-L-YR*,4Q+%]EU6O?;D[8Z^/-KU2KVK)6>^CUW\IKW:[UH*4=(Y=?5S$F]]D6150XRYIJH3H'SYP%X$0R$; MUY+^^&CJ`^&$3MW(EBS]C&`\2R@7(I`EI,I+;4I\KKFQ2"`2;2TA/B%3)LNF M[FRY\&7X_9;.6N]3\T!(]3V,A%4!14&,(B-<>O\F$(NCU)+5MA*1$GKKO99R M"2Y:*1]:@IP17V7\C_\#4$L#!!0````(`)%C9D70Q?A+X!@``/*Q`0`4`!P` M8W-U+3(P,30P.3,P7V1E9BYX;6Q55`D``\&O6U3!KUM4=7@+``$$)0X```0Y M`0``[5U;;^,XEGX?8/Z#-P,L=H'-O:IW*^B:@9-4JK-(XL!)5_?N2X&1:)N( M3'E)*8GGUR\IR98C<(/S\!"O^CQ__K]]BG/\^'-[V3@^->;Q)% ML[/#P]?7UP-"_$6+!UXX/>SM[R]Z^Y'2==;[Y>#D^."T\,LPC+%_UOM4^'1! M($@Z]AE%9[V3H^-/^\?'^T>?'X^_G'W^2W:&T(*R0OT#[)&@PQNCS$4 MTZ][!81O3R0X",GXD'5S>K@HN/?7O_32PF=O%*U4>#U=%#\^_//VYL&;P"G8 M1YA&`'LK%7EC956/OWSY*H` MIR\B+'TI;/-R0W"&K^/,A8A.4=S$872',1A2! MX#ZDR:JY"`"E:(2@7X]ZQ;:WB.,>$%AS*#0ZB"8P0AX(C".[9IOA%/:#"!+, MYL`+W!C*>HNF:;X`='(5A*_T&ON(0"_:F.;U%C>E^1)1+PAI3.`YH(@.1O>$ M;:ALV?'![?M^,L@@V'PYZ_=C#MI#/)T",A^,'M`8L\GJ`1SU/8^=71$[7^_# M`'D(TD;0;M+UMAG`3][,`>U[_Q>C=!MO!EIU!UL$<]PX MFN-MPCEI',[)-N&<-@[GU""<2_@4%==M(ZM'K1-SH+XQ!D;S1J#(FC9XRD6A M]WS.+[G\X(",<8T),3I=-0TP^3J8)02PF?+".8W](0S8&>(WCEFY]Z;9,(0T M(LACO2:_]U\!\:D%AM2@PQQKK@`B/T`0P\)5[1HS@I*[-+T`A,R9@-6?TNY#)5X_ALH/E'8L.R!A@],]D8"[8KLM$43]=W-@O MWED*U.65"U(=?(O.`S;^]1BX1?H:YJ=4P&^,2XJ]M@+[XH,='BQ[;P4O'L%3 M8(L36=\-\R';_N\!B>9%Z6X+6X=.UPUSX3RF"$/*;_A/""<;UA88H-AKP]BY M7+\%L*)NFE[G7.B9A($/"4W%?EYV"WC5.VYZ?)==#D:K@F&R_"Y"RHCE.JM$ M=+P'\Z16<_-@0W+:S:UF#@PS1#7,.4;8%$7)GTSV8[(@/]4@YF?:%I:;9N\- M\V)Y:\C[;FY%R3NSB;29U:#2988:$$\5N,!.O;"`
    !T!I4.F)0H&2=[60J4XN$_`GC!?TL2^1D-^5>ZBE#F MV^2]L*33VP2Q7.=K;GPM71JU.[7),`[&)VO44C9Y] M")GUUO44$+.?0NT6[7K>R"$QW7^ZS4V-MT.1T9'#S/5'",VO\H9!MJZ_6F@= MZ'T9XV8EU&YDC&HBE>N/(O9,@AL)J77]3<:>*>K:(;BN/PK9@::IX\5U_0E) M\_":2E=U_4'*CA:VN1@6U]^X[.T'V%-&'7T[TQ%UJ9(!YOI[GCU3EAI%F;O^ M>.@Q?B/W7RD]FJ\BV"O#A?T`7T4]1]#U-U=[]F'XH?RN/T[2S4?HL!B,ZZ]^ M=>1UTXZR/ER%W]/$>>\"Z.B3!%VFE%1%CJ#02PGO:1;BJ[C', M0Z0MU^8;2J>9B?BIN.^S8*R.LC7WYSERM/Y,G\CJ!PQ7J-#<_9C M1+9RV>\J%U8RTS$BUFVM'0OBV/&R<"*HSCX@ MV]'LVJO66'&!PN>4>J9RDC:"6@.PP\_?`\`X.L"!(=.EH`>@;>L"!\9+8W)K M#_UD]M_K!&]<]9E=N!JZ7I`J5-CT!W(LC]J\`M,JEVB5X1][..ZWL:Q_GT(8 MBNAH(E$'7Z"!6'$]M:A_ZYQKNW`]&ZE_GX%WI6R7@I3)_AL4#)^BM579]12E M_GT$Y0MTJZ2F$]2/#GV9WE.RB.TF MA+R;.`?M^0=T.YS_V*)+:OG[GC)G33+L3']4V.X%X0]O@PUO,9W8&Q=#)?O! M`#14LN]W1>.AU/90'OK0G\"83G688F=[MXS3"/4ZML]D-!#L!>#G:-A(W5XG M70\BZ]GW:5>HJ$F$V;"+#F)T.HGXLRYOQ3II^IU'EMEV4V[J_TQFMQ!YR(=> M6%F.5Q[&:XCFXV64L#L>*@L&$7X/&_[*@LHI6$68^9Y3:C>4EMQ*?6.ZH]BP M%EUY9$$_`OL/$QTO7IA*]'T:A3RJ]K?!W0V)X=*+V5HL*-+]B%I#V.!Q0\VE M%[(JP(\+`.+?<92LZ-+;;"AZ8XA3.7?E9>=`G86Y];!VL5CSR):Y=Y6Z6N;I M"_#88DO/?X]`(HFFJ.MEE9-RW["EDA\%4DNS4M>>\%07$2+M8H.'^XBN;X"7 MU^!91/-6$[LQ*?P3IS8\1=#-IDYJ2G)7]4^-\]SUY\NZ@+=^&;J>0-@%JML" MR'6[CHZ24D6I5A%PWOO2'KFF:]9]MXJBFLF%5:K/N>Y?U=%JMT]J31N#Z]FZ M38'4N^2[_MZ?RH5$<*I(9.KA-K$=^^77*`;D*=H_"\@$SST$_Y[.>T4/A2B$ M0?8]4?!0H:EBO"P[E]_@B9)X2>]'/ZRD7_@^VT.L-@,EWX>U5U1)!QN7/^/? M@,^U\6FLAK+5?O.J%#"/\.%NEWV3&(]PCN`,^AZ*]S_"(`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`YJ.I,]&,W-LZ'YG,_[#4N,/8N@W7YZZH+ MMZY[7W:B$6ER3/NP]KM:WI*_?F"T,W6>_N._`5!+`P04````"`"18V9%RL!0 MH>D/``#%GP``$``<`&-S=2TR,#$T,#DS,"YX:0Q('C MMHM[6=`2;1.12"]))?'^^AM2DDU;$BW93JO<^:&%+,X,Y^,,R>&08C[^^A(& MZ(D(23D[:[0/#AN(,(_[E(W/&I\?FIV'[O5UX]=??OC;Q[\WFZC?1Q><,1($ M9(9^]TA`!%8$#?`+9SRQ(W2^.%O**8]?1F*@"YQZ#*R_*1,4P]F<]FBC17.\,EJ9?/`P4%'&HJ"EB@ M9)5'83$FZ@Z'1$ZQ1ZKX(0QW(6'JBHOP@HQP%$"C_!GA@(XH\1L(*R7H,%)D MB2!B"Y)?M)2/F#&NS,!E?NLWTREE(Y[\A!>Z=YX*'I`!."?2#Y_[UVM452+YMLR2N8WWWF6\>8%$?(1Z4QUV4QVF MZA%7AZJ"3`B34`NZX1*L^YGAR*?`NK=L>LEHT,K+W)BQOPCNNB!SP^>BY:-.>&&-&_S*0%LT./SK,O[?@6D/O@OF" M2B_@,A)D0%[4><"]1\LAOF&E;O?ZIX[`YESPXQQ+:KS)KFSO0YOZT`,=,YB" M/!'JXA:%*S@U+BG*:O7VX:O:.]V=$XU7#WLP;F_F"#-6F=BWB=1NR MO6I(+6:I$^^MN?'4K:#])SSPB9"7T#W43--N:M_RTMP6/UJU>"QL;^:-.^V\ M,6%Q!HMA6`D;>,DDV^42C#?!@ISK;:E[/#-<%3OWEG6X7>(X$]-I7VL:6UN_\E(]?;'#)?MD%=^(:]A[QO<*(2NXS&YJ=UXXL*?E%&CMOJF4Q@B5AC[P!ES]/,&]9LK_1&]N9*Q_>-9CC( MGK*ISN>T\E$F\9>[W:,3@G/A]F$<].,%49CN=_S+&SR9B'LCYVQ?R@>V$>5V MBTP:L4+XL/>5;^PK>@J.TDU@W7^]#O,O:!!!`'!'E#["<4^$B0(V\Z`J%;C] M*I.LK.17EAZ:P6ABSJPDNB!0)CZQ`NH@H\_>Z2H[G;U9\)6JR6*_K]2@5)7= M[3"95*9K/W(_].S."^P-P%)V7\_@MG0F8VD+W%OV&UJV7=FT[36VS>0MR]FV MO;?N[JU[5-FZ1VNLF\E#EK/NT=ZZN[?N<67K'J^Q;B:36,ZZQWOK5K:N/JMA MQS>EYMUR3&X;9S)\F5,C^PEX=V:.#VB4,JZ+U&W23/HN%K6WXPY7YSH-;K+@ M=A*\7.:F`JO3SL>9!%YAVO'G;FQI+PJCYI'LN\Y.=F,K.4%J:VS^R MF;QB_S!%**X3I96:!$M2[=YM7L%M^D0J03UH7E/>><;"ESMPH`WDNETIF[PK M=J5%Y8E7Q=7OO6KW7C7?ZK.^`++VY+I8B!EEXTZH,ZKZ:-F<0>9SK+K7[BMP M^UDFYU=FY[&)4CU0HHAQL06K=.Q:_O_XG/Y/7^W1)R-D;NTXU1=6G#4D#:,&`]>:;]$JU3"1)#16<.343.] M-.$/8#AX"8.40E&E*^DNQ"`M1_Z,>RF@M9U9LC]P:B4JUB<][%C+I93G2SM#]LH\EF6FRF0N[] M2&6](F70E;ZO[`BK]U-MX0?Z354W6'?5DU.=/+[T1W,A9`-%)S3C_ MM56CK-Q&54J-E$<_;%7YZKU6I6J?,YFGK>K/WI!52@.++7G>RATR%VZ54F+! M%3\V%P*JJ[!R?U_;!=Y2LW@96K/64R3P7U)Y>"&07.&M962V_T8):" M-[!\9F/]K5`$T=\L7JM!(/%'&=HX'#(7!IY2ILB8B&M%0KU.:"`\A!41]M19 M8Z37G1"(&#J(@BCW!X8SGNIA)&8T"/1)S[,&+*+T?!T!,U61KOTWP:/IO!80 M7X`M/;;AWV*&QZ;H@8@GZA'9)T^$1<0"5X;81A=R!FLZ,:L$SX]$DE^)RX;Q M)4>@@B`^W1'L\5B0,2#I8O`OL$IOU">2^GHA>LV2>R+C*WF(GV?&^:LDZF3V_$L&9$_1U,;V1>P%`>7RIY'PEO`JO&>UB?D#NB M++B;"MAZ!IJ;=V4"\LEP1_-/#K9[,*G.,8S!I>-=XFN8!`0$B3(%[&R;4OQ+ M?J_)OYO;ZUO1[C'U+R*ASSB;6CJ)"@N<;BK;T'JC@XV_F[=W.=/-*9+CV5T3 MJO2I?$P#@3[Q"'TRW^7$,"R0&_#:T%,@&T99NT`_5QG&VTX0\&?=8:ZXN.#1 M4(VB(#E)+LTQ\MG*I]JF#3:6L#3FJ?3]]VL+?6AGL:UQ+\@T_MP/GD(:A?&V MR`)X2?+7BZIW-ZA=D!$18,=D>T>'MWKP"6&22F[.B[WW%K_0,`KM-JC(6"_O MOP`1H"+70;LC:%M#5J>Y.[W\N9-SC71VD"Y'7:/!^C)XG'#A"K"+*>IDIBO, M&(5@.!,I9@IJI34=*4)8;G(D`Z0$;;VP)2-89RR(*<@B*J*H&0XHA`;7)U,@ MYAM3D->1DJ@TEKQF]P'VR`V!T%O:X=D2U,V%O(4)[XHJ;S*,Q-@QDKAHZF7Q M)V+FIBL>B<$$?'.QH$B7F3I6R>*KQE]74LA1F)"BQU2T$DZ^0XE`)S7;Y,(?8PR25X%V)&]#R6F'6!N");O1;A MM]3W`Z+XLVM9YR2J4U^](^J<\\=DA^,3U^G>_+W']91O(!T.(.(_K:*OC=#9 M/T_OE`[X9],'B6\=HM=[-3=NG.BZ20.&AJAJ541G0=7:TPQ7_3C(TADB1,$GGYX@61 M_HMFO=$5]F@`>IO<7U*N#VN0J2`>C?<.F&_O`25$#Q,(W\Y)P)^M1GGMBMY" M-K(G)X]<3ER]NI"B5EX3*3W4^6;*S$1Q:FF15H9V:>/)!('?;[XM/J3QB0<^ M3":?(9A=_"4Y>W9=@-Y*R'8G0+Y18T#H0/SS6>;X5WF..L$,9B&/E*MC.DCJ MU#/OXZ^Q9@/\`D/F-9,@'`8Q&$KUGS:U8N"UA&]@3;H&0W>"V5B'?_.YQ^QL MZ0.'-Q0/]92SM$[?D;BW,!'E?O)N?YF>3+`%IT$V9*]7.JHB",JV:H.4O69M MP#'CCZXC,<44=1KVBM9VK!O?#F`BRP6HDN1U6A`6JFQTS9F(2S.\"93S,;>L M)5<9W@+*)!-1P9A9CK>`LR!T+$E>*X3SOQBQ=#V5$#I4T'3GL\P?E3`SQ1>8 M/>9':3+SZX[%UFO.V1&XU?EXQV+??IO%UU-)@_'R17^-(G7T&N/\2O0I$N(G M7^NDY>8+C>W:=(MJEU:$U3_YJ56+7W$Q(C3)N7_+-J]<\?]2J_\&A.H;-WB5 M.FO7UN;F>=#U%BDM'H$X^/&?T+1L."\'4C[II%7)4P9(+1C;AKV`+)1+=FN;*6\JT@R[6C MD[)>R`9$+`X'0LS!/#H-B+USNL!6AK:NZ'JC],.%&X[M^,1!4CJRAWZ*$%:IPE^\,Q+ MPG+3U0S38,(CB9G?8;XY2M0+&1U&,MZAT7MZ>I]9?PZ5QZ?_%T?&DWWY!>*2Y#7:J/]"C4Z."+N8HDZ&^CJARN/A4!\&=Z%9 M1UJ-1;_097I@H8O6^``M8&>(:[J1_;,4WV,'C?P%02P$"'@,4```` M"`"18V9%G;FS).V>``!=J@4`$``8```````!````I($`````8W-U+3(P,30P M.3,P+GAM;%54!0`#P:];5'5X"P`!!"4.```$.0$``%!+`0(>`Q0````(`)%C M9D7*?``!C`Q0````(`)%C M9D70Q?A+X!@``/*Q`0`4`!@```````$```"D@:JO``!C`Q0````(`)%C M9D7DPDZZ2%P``!7Y!``4`!@```````$```"D@=C(``!C`Q0````(`)%C M9D52MPD]*2X``/V6`P`4`!@```````$```"D@6XE`0!C`Q0````(`)%C M9D7*P%"AZ0\``,6?```0`!@```````$```"D@>53`0!C'-D550%``/!KUM4=7@+``$$)0X```0Y`0``4$L%!@`````&``8`%`(``!AD $`0`````` ` end XML 39 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Summary of Significant Accounting Policies (Policies)
    9 Months Ended
    Sep. 30, 2014
    Accounting Policies [Abstract]  
    Investments in Unconsolidated Joint Ventures

    Investments in Unconsolidated Joint Ventures

    The Company accounted for its investments in three unconsolidated joint ventures under the equity method of accounting. The Company had not consolidated these joint venture interests because the Company had concluded that the other member of each joint venture had substantive kick-out rights or substantive participating rights. Under the equity method of accounting, the Company recorded its investments in unconsolidated joint ventures at cost and adjusted such investments for its share of earnings and losses of the joint ventures. On June 30, 2014, the Company acquired 100% of the member interests in these joint ventures. For additional information refer to Note 4, “Acquisitions.”

    Lease Accounting

    Lease Accounting

    The Company determines whether to account for its leases as either operating, capital or financing leases depending on the underlying terms of each lease agreement. This determination of classification is complex and requires significant judgment relating to certain information including the estimated fair value and remaining economic life of the community, the Company’s cost of funds, minimum lease payments and other lease terms. As of September 30, 2014, the Company leased 50 senior living communities, 48 of which the Company classified as operating leases and two of which the Company classified as capital lease and financing obligations. The Company incurs lease acquisition costs and amortizes these costs over the term of the respective lease agreement. Certain leases entered into by the Company qualified as sale/leaseback transactions, and as such, any related gains have been deferred and are being amortized over the respective lease term. Facility lease expense in the Company’s Consolidated Statements of Operations and Comprehensive Loss includes rent expense plus amortization expense relating to leasehold acquisition costs slightly offset by the amortization of deferred gains and lease incentives. There are various financial covenants and other restrictions in the Company’s lease agreements. The Company was in compliance with all of its lease covenants at September 30, 2014.

    Credit Risk and Allowance for Doubtful Accounts

    Credit Risk and Allowance for Doubtful Accounts

    The Company’s resident receivables are generally due within 30 days from the date billed. Accounts receivable are reported net of an allowance for doubtful accounts, and represent the Company’s estimate of the amount that ultimately will be collected. The adequacy of the Company’s allowance for doubtful accounts is reviewed on an ongoing basis, using historical payment trends, write-off experience, analyses of receivable portfolios by payor source and aging of receivables, as well as a review of specific accounts, and adjustments are made to the allowance as necessary. Credit losses on resident receivables have historically been within management’s estimates, and management believes that the allowance for doubtful accounts adequately provides for expected losses.

    Employee Health and Dental Benefits and Insurance Reserves

    Employee Health and Dental Benefits and Insurance Reserves

    The Company offers certain full-time employees an option to participate in its health and dental plans. The Company is self-insured up to certain limits and is insured if claims in excess of these limits are incurred. The cost of employee health and dental benefits, net of employee contributions, is shared between the corporate office and the senior living communities based on the respective number of plan participants. Funds collected are used to pay the actual program costs including estimated annual claims, third-party administrative fees, network provider fees, communication costs, and other related administrative costs incurred by the plans. Claims are paid as they are submitted to the Company’s third-party administrator. The Company records a liability for outstanding claims and claims that have been incurred but not yet reported. This liability is based on the historical claim reporting lag and payment trends of health insurance claims. Management believes that the liability for outstanding losses and expenses is adequate to cover the ultimate cost of losses and expenses incurred at September 30, 2014; however, actual claims and expenses may differ. Any subsequent changes in estimates are recorded in the period in which they are determined.

    The Company uses a combination of insurance and self-insurance for workers’ compensation. Determining the reserve for workers’ compensation losses and costs that the Company has incurred as of the end of a reporting period involves significant judgments based on projected future events including potential settlements for pending claims, known incidents which may result in claims, estimates of incurred but not yet reported claims, changes in insurance premiums, estimated litigation costs and other factors. The Company regularly adjusts these estimates to reflect changes in the foregoing factors. However, since this reserve is based on estimates, the actual expenses incurred may differ from the amounts reserved. Any subsequent changes in estimates are recorded in the period in which they are determined.

    Income Taxes

    Income Taxes

    At September 30, 2014, the Company had recorded on its Consolidated Balance Sheet net deferred tax assets of approximately $0.4 million and net deferred tax liabilities of approximately $0.4 million. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The effective tax rates for the first nine month periods and third quarters of fiscal 2014 and 2013 differ from the statutory tax rates due to state income taxes, permanent tax differences, and changes in the deferred tax asset valuation allowance. The Company is impacted by the Texas Margin Tax (“TMT”), which effectively imposes tax on modified gross revenues for communities within the State of Texas. During the third quarter of fiscal 2014 and third quarter of fiscal 2013, the Company consolidated 36 Texas communities and the TMT increased the overall provision for income taxes.

    Income taxes are computed using the asset and liability method and current income taxes are recorded based on amounts refundable or payable in the current year. Deferred income taxes are recorded based on the estimated future tax effects of loss carryforwards and temporary differences between financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates that are expected to apply to taxable income in the years in which we expect those carryforwards and temporary differences to be recovered or settled. Management regularly evaluates the future realization of deferred tax assets and provides a valuation allowance, if considered necessary, based on such evaluation. As part of the evaluation, management has evaluated taxable income in carryback years, future reversals of taxable temporary differences, feasible tax planning strategies, and future expectations of income. Based upon this analysis, an adjustment to the valuation allowance of $2.1 million and $7.5 million was recorded during the third quarters of fiscal 2014 and 2013, respectively, to increase the valuation allowance provided to $16.3 million and $7.5 million at September 30, 2014 and 2013, respectively, and reduce the Company’s net deferred tax assets to the amount that is more likely than not to be realized. However, in the event that we were to determine that it would be more likely than not that the Company would realize the benefit of deferred tax assets in the future in excess of their net recorded amounts, adjustments to deferred tax assets would increase net income in the period such determination was made. Additionally, the benefits of the net deferred tax assets might not be realized if actual results differ from expectations.

    The Company evaluates uncertain tax positions through consideration of accounting and reporting guidance on criteria, measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition that is intended to provide better financial-statement comparability among different companies. The Company is required to recognize a tax benefit in its financial statements for an uncertain tax position only if management’s assessment is that such position is “more likely than not” (i.e., a greater than 50% likelihood) to be upheld on audit based only on the technical merits of the tax position. The Company’s policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as income tax expense. The Company is generally no longer subject to federal and state income tax audits for tax years prior to 2010.

    Net Loss Per Share

    Net Loss Per Share

    Basic net loss per common share is computed by dividing net loss remaining after allocation to unvested restricted shares by the weighted average number of common shares outstanding for the period. Potentially dilutive securities consist of unvested restricted shares and shares that could be issued under outstanding stock options. Potentially dilutive securities are excluded from the computation of net loss per common share if their effect is antidilutive.

    The following table sets forth the computation of basic and diluted net loss per common share (in thousands, except for per share amounts):

     

         Three Months Ended
    September 30,
        Nine Months Ended
    September 30,
     
         2014     2013     2014     2013  

    Net loss

       $ (5,759   $ (9,963   $ (20,225   $ (14,109

    Net loss allocated to unvested restricted shares

       $ (143   $ (309   $ (513   $ (441

    Undistributed net loss allocated to common shares

       $ (5,616   $ (9,654   $ (19,712   $ (13,668

    Weighted average shares outstanding – basic

         28,371        27,911        28,273        27,769   

    Effects of dilutive securities:

            

    Employee equity compensation plans

         —          —          —          —     
      

     

     

       

     

     

       

     

     

       

     

     

     

    Weighted average shares outstanding – diluted

         28,371        27,911        28,273        27,769   
      

     

     

       

     

     

       

     

     

       

     

     

     

    Basic net loss per share

       $ (0.20   $ (0.35   $ (0.70   $ (0.49
      

     

     

       

     

     

       

     

     

       

     

     

     

    Diluted net loss per share

       $ (0.20   $ (0.35   $ (0.70   $ (0.49
      

     

     

       

     

     

       

     

     

       

     

     

     

    Awards of unvested restricted stock representing approximately 715,000 and 884,000 shares were outstanding for the three months ended September 30, 2014 and 2013, respectively, and awards of unvested restricted stock representing approximately 725,000 and 887,000 shares were outstanding for the nine months ended September 30, 2014 and 2013, respectively, and were included in the computation of allocable net loss.

    Treasury Stock

    Treasury Stock

    The Company accounts for treasury stock under the cost method and includes treasury stock as a component of stockholders’ equity.

    Recently Issued Accounting Guidance

    Recently Issued Accounting Guidance

    In April 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new and expanded disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The guidance provided in ASU 2014-08 is applied prospectively and is effective for fiscal years beginning on or after December 15, 2014; however, early adoption is permitted.

    XML 40 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Contingencies
    9 Months Ended
    Sep. 30, 2014
    Commitments and Contingencies Disclosure [Abstract]  
    Contingencies

    8. CONTINGENCIES

    The Company has claims incurred in the normal course of its business. Most of these claims are believed by management to be covered by insurance, subject to normal reservations of rights by the insurance companies and possibly subject to certain exclusions in the applicable insurance policies. Whether or not covered by insurance, these claims, in the opinion of management, based on advice of legal counsel, should not have a material effect on the consolidated financial statements of the Company if determined adversely to the Company.

    XML 41 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Fair Value of Financial Instruments
    9 Months Ended
    Sep. 30, 2014
    Fair Value Disclosures [Abstract]  
    Fair Value of Financial Instruments

    9. FAIR VALUE OF FINANCIAL INSTRUMENTS

    The carrying amounts and fair values of financial instruments at September 30, 2014, and December 31, 2013, are as follows (in thousands):

     

         2014      2013  
         Carrying
    Amount
         Fair Value      Carrying
    Amount
         Fair Value  

    Cash and cash equivalents

       $ 27,816       $ 27,816       $ 13,611       $ 13,611   

    Restricted cash

         11,468         11,468         11,425         11,425   

    Notes payable

         624,921         601,472         479,294         459,708   

    The following methods and assumptions were used in estimating its fair value disclosures for financial instruments:

    Cash and cash equivalents and Restricted cash: The carrying amounts reported in the Company’s Consolidated Balance Sheets for cash and cash equivalents and restricted cash approximate fair value.

    Notes payable: The fair value of notes payable is estimated using discounted cash flow analysis, based on current incremental borrowing rates for similar types of borrowing arrangements, which represent level 2 inputs as defined in the accounting standards codification.

    XML 42 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Summary of Significant Accounting Policies (Tables)
    9 Months Ended
    Sep. 30, 2014
    Accounting Policies [Abstract]  
    Computation of Basic and Diluted Net Loss Per Share

    The following table sets forth the computation of basic and diluted net loss per common share (in thousands, except for per share amounts):

     

         Three Months Ended
    September 30,
        Nine Months Ended
    September 30,
     
         2014     2013     2014     2013  

    Net loss

       $ (5,759   $ (9,963   $ (20,225   $ (14,109

    Net loss allocated to unvested restricted shares

       $ (143   $ (309   $ (513   $ (441

    Undistributed net loss allocated to common shares

       $ (5,616   $ (9,654   $ (19,712   $ (13,668

    Weighted average shares outstanding – basic

         28,371        27,911        28,273        27,769   

    Effects of dilutive securities:

            

    Employee equity compensation plans

         —          —          —          —     
      

     

     

       

     

     

       

     

     

       

     

     

     

    Weighted average shares outstanding – diluted

         28,371        27,911        28,273        27,769   
      

     

     

       

     

     

       

     

     

       

     

     

     

    Basic net loss per share

       $ (0.20   $ (0.35   $ (0.70   $ (0.49
      

     

     

       

     

     

       

     

     

       

     

     

     

    Diluted net loss per share

       $ (0.20   $ (0.35   $ (0.70   $ (0.49
      

     

     

       

     

     

       

     

     

       

     

     

     
    XML 43 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Summary of Significant Accounting Policies - Computation of Basic and Diluted Net Loss Per Share (Detail) (USD $)
    In Thousands, except Per Share data, unless otherwise specified
    3 Months Ended 9 Months Ended
    Sep. 30, 2014
    Sep. 30, 2013
    Sep. 30, 2014
    Sep. 30, 2013
    Accounting Policies [Abstract]        
    Net loss $ (5,759) $ (9,963) $ (20,225) $ (14,109)
    Net loss allocated to unvested restricted shares (143) (309) (513) (441)
    Undistributed net loss allocated to common shares $ (5,616) $ (9,654) $ (19,712) $ (13,668)
    Weighted average shares outstanding - basic 28,371 27,911 28,273 27,769
    Effects of dilutive securities:        
    Employee equity compensation plans 0 0 0 0
    Weighted average shares outstanding - diluted 28,371 27,911 28,273 27,769
    Basic net loss per share $ (0.20) $ (0.35) $ (0.70) $ (0.49)
    Diluted net loss per share $ (0.20) $ (0.35) $ (0.70) $ (0.49)
    XML 44 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Acquisitions - Additional Information 3 (Detail) (USD $)
    In Millions, unless otherwise specified
    9 Months Ended 12 Months Ended 0 Months Ended
    Sep. 30, 2014
    Dec. 31, 2013
    May 31, 2013
    Vintage Transaction [Member]
    Independent_Living_Unit
    Assisted_Living_Unit
    Community
    Mar. 07, 2013
    Elkhorn Transaction [Member]
    Assisted_Living_Unit
    Community
    Business Acquisition [Line Items]        
    Acquisition cost     $ 19.1 $ 6.7
    Number of acquisition closed     1 1
    Number of independent living units     22  
    Number of assisted living units     80 64
    Transaction cost of acquisition     0.1 0.1
    Long term finance of Fannie Mae     14.5 4.0
    Long term fixed rate of Fannie Mae     5.30% 4.66%
    Maximum period for expansion of permanent financing     12 years 10 years
    Additions to property and equipment 132.9 135.4    
    Finite lived intangible asset acquired in place leases during period $ 12.7 $ 15.1    
    XML 45 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Consolidated Statements of Cash Flows (Unaudited) (USD $)
    In Thousands, unless otherwise specified
    9 Months Ended
    Sep. 30, 2014
    Sep. 30, 2013
    Operating Activities    
    Net loss $ (20,225) $ (14,109)
    Adjustments to reconcile net loss to net cash provided by operating activities:    
    Depreciation and amortization 35,607 33,183
    Amortization of deferred financing charges 999 822
    Amortization of deferred lease costs and lease intangibles 922 978
    Deferred income 604 (344)
    Deferred income taxes   5,505
    Write-off of deferred loan costs and prepayment premiums 6,979  
    Joint venture equity investment valuation gain (1,519)  
    Loss (Gain) on disposition of assets, net 11 (12)
    Equity in earnings of unconsolidated joint ventures (105) (76)
    Provision for bad debts 517 330
    Stock-based compensation expense 5,676 3,158
    Changes in operating assets and liabilities:    
    Accounts receivable (2,481) 241
    Accounts receivable from affiliates 410 433
    Property tax and insurance deposits 376 (1,058)
    Prepaid expenses and other 3,080 (867)
    Other assets 756 (3,101)
    Accounts payable 249 (4,424)
    Accrued expenses 3,203 4,142
    Federal and state income taxes receivable/payable (91) 3,523
    Customer deposits 117 (22)
    Net cash provided by operating activities 35,085 28,302
    Investing Activities    
    Capital expenditures (13,394) (9,888)
    Cash paid for acquisitions (145,555) (53,741)
    Proceeds from disposition of assets 4 18
    Proceeds from SHPIII/CSL Transaction 2,532  
    Distributions from unconsolidated joint ventures 102 97
    Net cash used in investing activities (156,311) (63,514)
    Financing Activities    
    Proceeds from notes payable 267,685 56,939
    Repayments of notes payable (128,553) (20,534)
    Increase in restricted cash (43) (1,239)
    Cash payments for capital lease and financing obligations (630) (558)
    Cash proceeds from the issuance of common stock 169 2,761
    Excess tax benefits on stock option exercised (82) (1,445)
    Deferred financing charges paid (3,115) (684)
    Net cash provided by financing activities 135,431 35,240
    Increase in cash and cash equivalents 14,205 28
    Cash and cash equivalents at beginning of period 13,611 18,737
    Cash and cash equivalents at end of period 27,816 18,765
    Cash paid during the period for:    
    Interest 20,873 16,058
    Income taxes $ 714 $ 677
    XML 46 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Debt Transactions
    9 Months Ended
    Sep. 30, 2014
    Debt Disclosure [Abstract]  
    Debt Transactions

    5. DEBT TRANSACTIONS

    On August 27, 2014, in conjunction with the Plymouth Transaction, the Company obtained $10.4 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.70% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

    On August 4, 2014, in conjunction with the Roanoke Transaction, the Company obtained $12.9 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term and is cross-collateralized and cross-defaulted with the mortgage debt obtained in conjunction with the Oshkosh Transaction. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

    On August 4, 2014, in conjunction with the Oshkosh Transaction, the Company obtained $13.2 million of mortgage debt from Fannie Mae. The new mortgage loan has a 10-year term with a 4.59% fixed interest rate and the principal amortized over a 30-year term and is cross-collateralized and cross-defaulted with the mortgage debt obtained in conjunction with the Roanoke Transaction. The Company incurred approximately $0.1 million in deferred financing costs related to this loan, which is being amortized over 10 years.

    On June 30, 2014, in conjunction with the SHPIII/CSL Transaction, the Company obtained $16.4 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Miami. The new mortgage loan has a 10-year term with a fixed interest rate of 4.30% and the principal amortized over a 30-year term. The Company also obtained $23.7 million of mortgage debt from Fannie Mae for the acquisition of SHPIII/CSL Richmond Heights. The new mortgage loan has a 10-year term with a fixed interest rate of 4.48% and the principal amortized over a 30-year term. The Company obtained interim, interest only, financing of $21.6 million from Wells Fargo for the acquisition of SHPIII/CSL Levis Commons with a variable interest rate of LIBOR plus 2.75% and a 24-month term. The Company incurred approximately $0.5 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms.

    On June 27, 2014, the Company refinanced mortgage loans totaling approximately $111.9 million from Freddie Mac associated with 15 of its senior living communities (the “Freddie Mac Refinance”). The Company obtained approximately $135.5 million of mortgage debt for 12 of the senior living communities from Fannie Mae. These new mortgage loans have 10-year terms with fixed interest rates of 4.24% and the principal amortized over 30-years. The Company obtained interim, interest only, financing of $9.3 million from Berkadia Commercial Mortgage LLC (“Berkadia”) for two of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 12-month term. The Company also obtained interim, interest only, financing of $11.8 million from Berkadia for one of the senior living communities with a variable interest rate of LIBOR plus 4.50% and a 24-month term. The Company incurred approximately $1.7 million in deferred financing costs related to these loans, which are being amortized over the respective loan terms. As a result of the refinance, the Company received approximately $36.5 million in cash proceeds. As a result of the early repayment of the existing mortgage debt with Freddie Mac, the Company accelerated the amortization of approximately $0.5 million in unamortized deferred financing costs and incurred a prepayment premium of approximately $6.5 million.

    On May 31, 2014, the Company renewed certain insurance policies and entered into a finance agreement totaling approximately $1.7 million. The finance agreement has a fixed interest rate of 1.92% with principal being repaid over a 9-month term.

    On March 26, 2014, in conjunction with the Aspen Grove Transaction, the Company obtained $11.0 million of mortgage debt from Fannie Mae. The new mortgage loan has a 12-year term with a 5.43% fixed interest rate and the principal amortized over a 30-year term. The Company incurred approximately $0.2 million in deferred financing costs related to this loan, which is being amortized over 12 years.

    On March 25, 2011, the Company issued standby letters of credit, totaling approximately $2.6 million, for the benefit of Health Care REIT, Inc. (“HCN”) on certain leases between HCN and the Company.

    On September 10, 2010, the Company issued standby letters of credit, totaling approximately $2.2 million, for the benefit of HCN on certain leases between HCN and the Company.

    On April 16, 2010, the Company issued standby letters of credit, totaling approximately $1.7 million, for the benefit of HCN on certain leases between HCN and the Company.

    The senior housing communities owned by the Company and encumbered by mortgage debt are provided as collateral under their respective loan agreements. At September 30, 2014 and December 31, 2013, these communities carried a total net book value of approximately $723.6 million and $601.2 million, respectively, with total mortgage loans outstanding of approximately $623.9 million and $476.2 million, respectively.

    In connection with the Company’s loan commitments described above, the Company incurred financing charges that were deferred and amortized over the terms of the respective notes. At September 30, 2014 and December 31, 2013, the Company had gross deferred loan costs of approximately $8.4 million and $7.7 million, respectively. Accumulated amortization was approximately $2.2 million and $3.2 million at September 30, 2014 and December 31, 2013, respectively.

    The Company must maintain certain levels of tangible net worth and comply with other restrictive covenants under the terms of certain promissory notes. The Company was in compliance with all of its debt covenants at September 30, 2014 and December 31, 2013.

    XML 47 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Debt Transactions - Additional Information (Detail) (USD $)
    In Millions, unless otherwise specified
    0 Months Ended 6 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended 0 Months Ended 9 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended
    Jun. 27, 2014
    Sep. 30, 2014
    Community
    Dec. 31, 2013
    Mar. 25, 2011
    Sep. 10, 2010
    Apr. 16, 2010
    Jun. 30, 2014
    SHPIII/CSL Miami [Member]
    Jun. 30, 2014
    SHPIII/CSL Richmond Heights [Member]
    Jun. 30, 2014
    SHPIII/CSL Levis Commons [Member]
    Jun. 30, 2014
    SHPIII/CSL Levis Commons [Member]
    London Interbank Offered Rate (LIBOR) [Member]
    Aug. 27, 2014
    Plymouth Transaction [Member]
    Jun. 27, 2014
    Freddie Mac [Member]
    15 Senior Living Community [Member]
    Community
    May 31, 2014
    Financing Agreement [Member]
    Jun. 30, 2014
    4.30% [Member]
    SHPIII/CSL Miami [Member]
    Jun. 30, 2014
    4.48% [[Member]
    SHPIII/CSL Richmond Heights [Member]
    Jun. 27, 2014
    4.24% [Member]
    Fannie Mae [Member]
    Jun. 27, 2014
    4.24% [Member]
    Fannie Mae [Member]
    12 Senior Living Community [Member]
    Community
    Aug. 27, 2014
    4.70% [Member]
    Plymouth Transaction [Member]
    Jun. 27, 2014
    Berkadia Commercial Mortgage [Member]
    2 Senior Living Community [Member]
    Community
    Jun. 27, 2014
    Berkadia Commercial Mortgage [Member]
    1 Senior Living Community [Member]
    Community
    Sep. 30, 2014
    Berkadia Commercial Mortgage [Member]
    London Interbank Offered Rate (LIBOR) [Member]
    Jun. 27, 2014
    Berkadia Commercial Mortgage [Member]
    London Interbank Offered Rate (LIBOR) [Member]
    2 Senior Living Community [Member]
    Jun. 27, 2014
    Berkadia Commercial Mortgage [Member]
    London Interbank Offered Rate (LIBOR) [Member]
    1 Senior Living Community [Member]
    Mar. 26, 2014
    Aspen Grove Transaction [Member]
    Mar. 26, 2014
    Aspen Grove Transaction [Member]
    5.43% [Member]
    Mar. 26, 2014
    Aspen Grove Transaction [Member]
    5.43% [Member]
    Aug. 04, 2014
    Roanoke Transaction [Member]
    Aug. 04, 2014
    Roanoke Transaction [Member]
    4.59% [Member]
    Aug. 04, 2014
    Oshkosh Transaction [Member]
    Aug. 04, 2014
    Oshkosh Transaction [Member]
    4.59% [Member]
    Debt Instrument [Line Items]                                                            
    Mortgage debt   $ 623.9 $ 476.2       $ 16.4 $ 23.7       $ 111.9   $ 16.4 $ 23.7   $ 135.5 $ 10.4               $ 11.0   $ 12.9   $ 13.2
    Mortgage loans term             10 years 10 years           10 years 10 years 10 years   10 years             12 years     10 years   10 years
    Fixed interest rate             4.30% 4.48%     4.70%     4.30% 4.48% 4.24%   4.70%           5.43%   5.43% 4.59% 4.59% 4.59% 4.59%
    Term period for principle amortization             30 years 30 years           30 years 30 years 30 years   30 years             30 years     30 years   30 years
    Deferred financing cost 1.7 8.4 7.7           0.5                 0.1               0.2   0.1   0.1
    Deferred financing costs amortization period                                   10 years             12 years     10 years   10 years
    Interim financing obtained for acquisition                 21.6                   9.3 11.8                    
    Interim financing variable rate description                 LIBOR plus 2.75% LIBOR plus 2.75%                     LIBOR plus 4.5%                  
    Interim financing variable rate                 2.75% 2.75%                       4.50% 4.50%              
    Interim financing term                 24 months       9 months           12 months 24 months                    
    Senior living communities operated by company   116                   15         12   2 1                    
    Unamortized deferred financing cost 0.5                                                          
    Prepayment premium 6.5                                                          
    Cash proceeds 36.5                                                          
    Renewed insurance policies and finance agreement                         1.7                                  
    Interest rate                         1.92%                                  
    Letters of credit       2.6 2.2 1.7                                                
    Net book value of housing communities   723.6 601.2                                                      
    Accumulated amortization   $ 2.2 $ 3.2                                                      
    XML 48 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.8 Html 98 231 1 false 37 0 false 10 false false R1.htm 101 - Document - Document and Entity Information Sheet http://www.capitalsenior.com/taxonomy/role/DocumentandEntityInformation Document and Entity Information true false R2.htm 103 - Statement - Consolidated Balance Sheets Sheet http://www.capitalsenior.com/taxonomy/role/StatementOfFinancialPositionClassified Consolidated Balance Sheets false false R3.htm 104 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://www.capitalsenior.com/taxonomy/role/StatementOfFinancialPositionClassifiedParenthetical Consolidated Balance Sheets (Parenthetical) false false R4.htm 105 - Statement - Consolidated Statements of Operations and Comprehensive Loss (Unaudited) Sheet http://www.capitalsenior.com/taxonomy/role/StatementOfIncomeAlternative Consolidated Statements of Operations and Comprehensive Loss (Unaudited) false false R5.htm 106 - Statement - Consolidated Statements of Cash Flows (Unaudited) Sheet http://www.capitalsenior.com/taxonomy/role/StatementOfCashFlowsIndirect Consolidated Statements of Cash Flows (Unaudited) false false R6.htm 107 - Disclosure - Basis of Presentation Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsOrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock Basis of Presentation false false R7.htm 108 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsSignificantAccountingPoliciesTextBlock Summary of Significant Accounting Policies false false R8.htm 109 - Disclosure - Transactions with Affiliates Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsRelatedPartyTransactionsDisclosureTextBlock Transactions with Affiliates false false R9.htm 110 - Disclosure - Acquisitions Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsBusinessCombinationDisclosureTextBlock Acquisitions false false R10.htm 111 - Disclosure - Debt Transactions Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsDebtDisclosureTextBlock Debt Transactions false false R11.htm 112 - Disclosure - Equity Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsStockholdersEquityNoteDisclosureTextBlock Equity false false R12.htm 113 - Disclosure - Stock-Based Compensation Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsDisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock Stock-Based Compensation false false R13.htm 114 - Disclosure - Contingencies Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsCommitmentsAndContingenciesDisclosureTextBlock Contingencies false false R14.htm 115 - Disclosure - Fair Value of Financial Instruments Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsFairValueDisclosuresTextBlock Fair Value of Financial Instruments false false R15.htm 116 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsSignificantAccountingPoliciesTextBlockPolicies Summary of Significant Accounting Policies (Policies) false false R16.htm 117 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsSignificantAccountingPoliciesTextBlockTables Summary of Significant Accounting Policies (Tables) false false R17.htm 118 - Disclosure - Stock-Based Compensation (Tables) Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsDisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlockTables Stock-Based Compensation (Tables) false false R18.htm 119 - Disclosure - Fair Value of Financial Instruments (Tables) Sheet http://www.capitalsenior.com/taxonomy/role/NotesToFinancialStatementsFairValueDisclosuresTextBlockTables Fair Value of Financial Instruments (Tables) false false R19.htm 120 - Disclosure - Basis of Presentation - Additional Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureBasisOfPresentationAdditionalInformation Basis of Presentation - Additional Information (Detail) false false R20.htm 121 - Disclosure - Summary of Significant Accounting Policies - Additional Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureSummaryOfSignificantAccountingPoliciesAdditionalInformation Summary of Significant Accounting Policies - Additional Information (Detail) false false R21.htm 122 - Disclosure - Summary of Significant Accounting Policies - Computation of Basic and Diluted Net Loss Per Share (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureSummaryOfSignificantAccountingPoliciesComputationOfBasicAndDilutedNetLossPerShare Summary of Significant Accounting Policies - Computation of Basic and Diluted Net Loss Per Share (Detail) false false R22.htm 123 - Disclosure - Transactions with Affiliates - Additional Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureTransactionsWithAffiliatesAdditionalInformation Transactions with Affiliates - Additional Information (Detail) false false R23.htm 124 - Disclosure - Acquisitions - Additional Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureAcquisitionsAdditionalInformation Acquisitions - Additional Information (Detail) false false R24.htm 125 - Disclosure - Acquisitions - Additional Information 1 (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureAcquisitionsAdditionalInformation1 Acquisitions - Additional Information 1 (Detail) false false R25.htm 126 - Disclosure - Acquisitions - Additional Information 2 (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureAcquisitionsAdditionalInformation2 Acquisitions - Additional Information 2 (Detail) false false R26.htm 127 - Disclosure - Acquisitions - Additional Information 3 (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureAcquisitionsAdditionalInformation3 Acquisitions - Additional Information 3 (Detail) false false R27.htm 128 - Disclosure - Debt Transactions - Additional Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureDebtTransactionsAdditionalInformation Debt Transactions - Additional Information (Detail) false false R28.htm 129 - Disclosure - Equity - Additional Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureEquityAdditionalInformation Equity - Additional Information (Detail) false false R29.htm 130 - Disclosure - Stock-Based Compensation - Additional Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureStockBasedCompensationAdditionalInformation Stock-Based Compensation - Additional Information (Detail) false false R30.htm 131 - Disclosure - Stock-Based Compensation - Stock Option Activity and Related Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureStockBasedCompensationStockOptionActivityAndRelatedInformation Stock-Based Compensation - Stock Option Activity and Related Information (Detail) false false R31.htm 132 - Disclosure - Stock-Based Compensation - Restricted Stock Awards Activity and Related Information (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureStockBasedCompensationRestrictedStockAwardsActivityAndRelatedInformation Stock-Based Compensation - Restricted Stock Awards Activity and Related Information (Detail) false false R32.htm 133 - Disclosure - Fair Value of Financial Instruments - Carrying Amounts and Fair Values of Financial Instruments (Detail) Sheet http://www.capitalsenior.com/taxonomy/role/DisclosureFairValueOfFinancialInstrumentsCarryingAmountsAndFairValuesOfFinancialInstruments Fair Value of Financial Instruments - Carrying Amounts and Fair Values of Financial Instruments (Detail) false false All Reports Book All Reports Element csu_AffiliatedManagementServicesRevenue had a mix of decimals attribute values: -5 -3. Element us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain had a mix of decimals attribute values: -5 -3. Element us-gaap_IncomeLossFromEquityMethodInvestments had a mix of decimals attribute values: -3 0. 'Monetary' elements on report '123 - Disclosure - Transactions with Affiliates - Additional Information (Detail)' had a mix of different decimal attribute values. 'Monetary' elements on report '124 - Disclosure - Acquisitions - Additional Information (Detail)' had a mix of different decimal attribute values. 'Shares' elements on report '130 - Disclosure - Stock-Based Compensation - Additional Information (Detail)' had a mix of different decimal attribute values. 'Monetary' elements on report '130 - Disclosure - Stock-Based Compensation - Additional Information (Detail)' had a mix of different decimal attribute values. Process Flow-Through: 103 - Statement - Consolidated Balance Sheets Process Flow-Through: Removing column 'Sep. 30, 2013' Process Flow-Through: Removing column 'Dec. 31, 2012' Process Flow-Through: 104 - Statement - Consolidated Balance Sheets (Parenthetical) Process Flow-Through: 105 - Statement - Consolidated Statements of Operations and Comprehensive Loss (Unaudited) Process Flow-Through: 106 - Statement - Consolidated Statements of Cash Flows (Unaudited) csu-20140930.xml csu-20140930.xsd csu-20140930_cal.xml csu-20140930_def.xml csu-20140930_lab.xml csu-20140930_pre.xml true true XML 49 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
    Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)
    In Millions, except Share data, unless otherwise specified
    3 Months Ended 9 Months Ended
    Sep. 30, 2014
    Community
    JointVenture
    Sep. 30, 2013
    Community
    Sep. 30, 2014
    Community
    JointVenture
    Sep. 30, 2013
    Accounting Policies [Abstract]        
    Number of unconsolidated joint ventures in which company owns interest 3   3  
    Percentage of member interest in joint ventures 100.00%   100.00%  
    Communities on lease by company 50   50  
    Communities on operating lease 48   48  
    Senior living communities on capital lease and financing obligations 2   2  
    Resident receivables due period     30 days  
    Net deferred tax assets $ 0.4   $ 0.4  
    Net deferred tax liabilities 0.4   0.4  
    Texas communities consolidated 36 36    
    Deferred tax assets valuation allowance 2.1 7.5 2.1 7.5
    Adjustment to valuation allowance $ 16.3 $ 7.5    
    Uncertain tax position maximum percentage     50.00%  
    Outstanding unvested restricted stock 715,000 884,000 725,000 887,000

EG#15#+ M6@A'ASZ:'F9E#GF%!NEA7;']@.T&^SX<@3B(]*A;K[X=6L,I0+@VJ6GM)BE- M>MB?PND3))IDKE1MD,8):X)X\1/<7W)&C]*R!C)Z_:7'#G?86:&9+36(?>Z* MD'[E39GSI4B[/USMOWF:%#TD6DW=JLN#?5+771KLT[3NLF")IAH>"-8IW<1[ MP!'B=6S\UB'IVNH3VAAU3%!:(2G@_GPAJ9`$V8>?RQ[\6X#!.%E4#Y"\(`_2 M(7R!.%X>9@%X@D'2C%*MP\V)6^A3"K97-E8>7U1C=G-*;^'7F&U'D%V8DE(D M'X<"O34;TH-0/)Q'@#XE)W1,]\<`S`XYMD,81'3Q)4&[?W2<.4C^+?O\,Z7E M%D:3T+_&+XP>"._`%%YF\M4*-L5*[<"1[->O&!(Z0;.<_\ M%2V6_AL2#=E&3;:1!Y2=8O":R5!U$1<::"6^1&U0%UM:V<`!]C"9(80N:'`# M7U"BTF('^VUV!5T[I62E31)SB\`455-1+&:R^R'R)@R9_QM,(BRJ"2FOL"0I M%\WZ9)4X=BU>M)O=D'4O^UGM$=NHE4_;!0FAA)^]D/B0)($XOQP=[?5FA(F& MK-&O>R=[O9@R.L-9*NZYAU,POCGB_^P:XK+5G^;SYKBUN\=F#-"X,.7,..DH,Q3O5SDC3CO& M"&7=3,Z"3QUD05T-4,Z5SW:X4FK*J<6;E9N,SI$C/[IU#V*;:M'J.!\#BM"\ MC\'H(:'I!KT@/.9R7M`:/6.,E*MV,5I\[/`U&B^T[M2'?Q\2;``KO"3OO[F"DIM97 M:JDE["^CM6`!2KS`U(='J;66(*_2/DJK[`Q+&PU#P3FY0'71\[!B4!0::`F^ MAPC."B2NCL;U,LD:<#F#2TW?JW=V$SW8X!#WV,XCG1(OA8<9@<`?X!^` M("YG#MD8'@O@*U>WCVTU[$L)S[LJ]C%<0NH1-$MERR*#$\XK8:IHHAUFX:Z8 MMS?&H2T7EAYM5_P^!MDMA(>`1@"/$1OS/J4P6IP^U_@^`!Z\83L2I)?0,$W\7\(LPD8LKV.B:9I!?SW]E\?K]Y5I4V2,PU]N&,JT5P MI$:/H((!D@9T\AS22>&*(-0N"(O:=%)Y#+,M*!>W_CM$./K!?HR):.&HUC;` M8/%%X+G*8[ZV.>'R98`DE9U,4M@` M*7S6+<7A>R:X>VC&+E?3D$19_I42DA0J&25M,+IE38_9X7W#MO4R255&"BZ$.YMIV=A?< M"W48(=4$NN!"J+M-Z)AZ7?`?U,4O-P9:]PUL`+&N4<&%\!.=):YIG7`A%J7. M#BVI'^SDV`C^TK.C&X(>^KVF1RY^])= M([Y?.8.Z(Q&6JL5SH.Z+?A5:RQRJ^S*?JNXXQ]P-&4_5&2C'[;YPI^^ZF:-W M7]2KYQB9V^T*?C*I'C[H9\MY%;9\Z,]HI\-5,O2&T[[97? MC*80.6GO^=Y0"I&3]IYM3:00.6GO0:8'5^*>MP1[:NF@JA&QK>=25F6WK!66 M[38;C(2PG[3!G"TSXG^X'#MM3#U4QQ&@U3D/CCN>]`#SAU9"S-,Z`PS$F0]* MR[4DSKECZ0]VZ0(^2-#\+N+\8\8<%YT$DAS[?F6>9HT&#&P&ER@(0GS/37E* ML2CR\KNPR`\=%OF1(HQ*V?_'!$5,!GWZ+632K\IRJJC0*E5JA<-_N7CIJ(.( M'&O%INFH7X@<<]74MN__L757^!8H!G:.\+;M2#M'^)TCO(*;:'LM9PTX_KOO M_;29X[_[+E&ZCO_M-9ANAEA^?^^:UWMMIW]+UF,W+8RM-H*<=-P($D?Q%'\/ M(%:YG+L6I M0B45C*2;C;S)4TS&*@**I'#GDL5VPUIXBWP_@%'XJB2`RDIWS70Y`,^O8>@K MI4\5%=V9*[58_N&RDLDV5T>C5.6`I=N-H^&J%79HV0W?T:C5BJ1LPHW3?L#J MSB:[L\DZ:9_LAJ%6SSC=+9OL+CF9U$;IU)&O8;'[",G)ZMDHW;?1[A*3Z>?L MZ$"",GUMN*->IQKH5_64CGJ<:N!5SU'2#`&VRE)=N!M^"YTE(E.R0PJ)&#-X=>E_5.7MTJTS` M78A>;<^S@Q_>O/T#)7NER@8G+-JJVZ+<#BB&Z^CE6`Y7?'Q9OR#OS)X[L^?. M[+DS>^Y"4:V;>;MCYJQGYNVJT7,7BKH+16U3**KMK.P=,'2:R\INRPJZ,XSI M&L;X%E>XP94;Q_1L8V;4'GW/BZ=QUU6]_[(B8L2I`\`Q\!+EFSN8]`L+!6"\FHK-(2&]'.X&C=AB(ANJ2@?7J[ M'*&[BV[=KLVN"7QKRDBV@F-U@U0CF!>W0NRZEWH78B]E'-D/77(+4ZQF9 MT,5.$K4N?Y2X(&2G-\),AU`ZM?5:L#$$:@\!O>-_1243[AH`8P1O@5B^?U_" MB(_(B`'!I:I\27*$RDIFW%?2*=0?,YD_<(B%.JP$3)+..TAY9UW=,UBAT**2RLHY1PM@?W_B#:5J4"2N9).T! MOD"L0U9Y!9,DO9\TE2255S!*TFN8_*U#E*"*";+8B>/SG=$3D_&^2.?2N)@Y M'&]@Q&BC@]$%8QB*!G%$(X#]*I?1RFI6L(38YWGS&65/`#\/1DPV@3Z_0=Y< MGP^&I7-%KZXE5,N7T?/%=`X!U]A?H;=$P;^\*XOAZ31B"V>4D?C(.I.HK$J+ MMH%FJ4@I*.PHW=I7:C.4KX1P#?`0@N`;Y?JA@DJ,_W;!/HU#,I?,HEI-M0IS MD3KI$.JTT'F$9I1![`I^'H;//T`0P\&(/^91N!8A6.ID757%1/(O#/4N=Q45 M3)!$)\\A+7M9=YT845$;DW(032`I'IR"J;=>S@#3).\1KW%-7-:2W[X'H4^O M2#@=+E2=3%*4<%!:Q0`SAVP/")^5_->%1>V&#-1_AU88/E"C22L\@%[,)'&% M=5A6TL#D*=L=V68]F$'"S5+G<_9Q!G!93+!R51-DRMYK7Z=,4MHD,;<(3%$U M%<5B)KL?(F_"D/F_0:Y'4F!'>06C&2+9I?^>W;H\-`M@45%>0I9"I?8EK]R` MD%<8O&B*+]5UC!`6ZE(EK6!C'RUZ"4C.A[5BMFF52OTE!1VCU\QEY`^"(G:D MCP:CWS%(MX?W-KF26:I2JU7>KO(XMFH/NJ5#YXE3WOP5>5K7_!67,$^=2F(D MARF6X7.X3@5=5>2B%5Z:<[BV`A0^8E!F`30<@3B(RE&+O2[%\2A%7X0VX90, M[F8PV9EG'Z@PRK;"T4\,L/LQM!JL*;VVNQ`>JX!1-:U^+>^I):XC5N/W5);,7J4I7VQRPTZ*6FGM4#K83HI56GH,< MNRO2U7K`U#+3R)HS?FYF<653EJ!['Z65@^O`T`E#KG(C@Z531SD#C"2$M9$D M+ZU'6NY'G\$\Z0S,,A-$!O*T,R`W"FHC+'%5SN:.]ZAH]N!)' M_ARL_5>%94X-LL@\F>3AF%/#9C!;X=2@,'OEH7_+FT%%+'J^+74&J21'08ZV MO8HHW7$5!?3GFU)[U<>*6#4S>>3(VWNSUQQE07*+)=)/W5F]PM0G.5A;,J/: M*;M)9+/2#:(LEM;^B:5T-%O@C2OG>8W0Z7R#K$X&E1]][3T.-F"!0LA1SH'V MVBDVXH`\MBD_%=NKS-\`?E6\?`[?UN@K;9`F(H6+&V75'=?^SJAVJ(JBWD1: MQ3;BDPQ[/7BN'&WBL+IWUW&5K$_Y-JZF6;*9S#]=?9(4_C:)>XA"[_D<4/Y& MSG3&)FGZ@DYKWAL(DL:A_S`!!*[1^>V-_RE*DZ58V<0K`R^0\$L*(,\PRKPD M4EUHPM_^*V#SU7\,OTUG03B'D/:Q?XD(]%CS-"DJR#E@J&$;8;0);16IOU;+ M6$DGFS'N`9(7Y,'RF7(7IH>FG]!+'T.VMHJ_.,7==%"!N MKC\SZ8;XK9O_+]4U!$"2W4=)$1<_G>9G[U&,Y/;>4WG7>M'TKW.'T/$EHSDA^>D]R*NKFCA$T<8%^G``\ M2.1QVA^/"1PSF8Q)^`2Q*Y&7"#7+`T_$3GL$?0C^%[R7VS("19*LC8%LW8J6 M;27@[ZR)B%[CQ?M\8GYOHWNG>'L%$$EF1Y_2>)KBX2Y M^7Z=XN9-Q;-'!AIVBA]LTT_7R-H:8F.-2-*,<5ZI==H1/EZ%9`11%).UC+I; MZK1[?.0OX-J8G6(2W.)Q]EYZ\BOMQ]$D)!+UC?E^G)(O!XNCCV=DH_Q^LBJT MB=YS;+!#IV9;J0CVG834^,*5].04Q]+UV"6)+CK`>**8>C&S=GK^3"6=T'K4_V=G!E=9>P MGI!#F`#;G'6H/)7%QJSM<(;MAGAO7M?M0BKOEC%3ILIU(6>X67:J7?!<2":^ M3;ZLYZ%NKQC5X/)KR!+E0F9S\[.MI@>J"ZG0K3-K?;VV-XU/,^M5-1['A4SK M+=O1C/ANNI#HO66"G+:_I@N9YAN08G0,4"[DI3?/(E-1@"YDN6]H@IES'G`A M<7YKF;@FZ+0X(7]'CO%""(P+CP2T[!"OY2KKPHL$+O+9C:,BA9:SOCZ>8'^HB\6A/R6YP4 ML$D?X.+R%60SR%FD)I&W+Z-3P0C5]R)VZD5SQI`A3)XX!XPYV?ETM]33?>?4[:(JHF7N*VLRYL[9>XL^0A_&`WS[XOS' M\R:W;"9WV3M]2_IA1>]IF_K5I3ET,,I>#.=9_I<3X0(0,N>/B$_#F/V3<659 M@9;7L*%H75`YA+.0<$-:0NV2TARM5+FIVXJ-Z]0%H!,V"/S_^*)]`4&R7-=I M%&)4K6\E_3Z-T!1$?"XN*-(=1*TF;&!<4G,.`NXT^S"!,/I.PGC&IMYR03WP M%X[X>KH`Z7%7I8+9N%F[O)B7D2W3SRM5M8SI%@(^V9(C&%!$)6:@JEI6D>3K MAD^5["B0JF*4JG80DW9V)S.H^'N:C]E[F@+J5XK8-3.6GT&5%D=!M6TK6TSM MWT4Y4FT?[+`6I0FF:HA*+NA`FF!1]9IT07/1!&=6=U3KN@5EA;B.1"78@Q MPO:U77=A!.ECN'X4T`$9`XS^F;E98QH&R$]UA=B_)Y"U&"7_+*BZ\LHY*QX9 MB>=,=GZVY2\I1OB`QAB-D`=PU/<\/O`\KH_A]!"KX3K=BP^NTI^N>.)_=V>VYS8T3"3KI( M7```%?D$`!0`'`!C`L``00E#@``!#D!``#EO7MSW+B2+_C_C;C?`=OW[AX[0K:+K'??.7.C+-G= MFI4MK:3N,[..C0ZJ"E7B=!59AV3)4G_ZQ8O/(DB0!2(I3\0Y;5DF\\7\)1)` M(O$O__MYMT5/.`A=W_O[3];[P4\(>TM_Y7J;O__TV]V[Q=WYY>5/__M?__M_ M^Y?_X]T[='N++GS/P]LM?D'_OL1;'#@11O?.L^_YNQ=TY3S@;8BN7._/!R?$ M9XC^=X5\#_W[Q]LK9+^W$'J,HOW/'SY\__[]?1"L8FKOE_[N`WKW+N;T.Y?I M9S1Y;UOOAYE_N?4/WNIG-,K\ZCS`3D2>1BLBS<_('EBC=Y;U;C"^M^8_C^<_ MVX/_-_NTOW\)W,UCA-XLWY*'!^-WY(TANGU_^SZCWO^%[GPO)$_O]H[W@A;; M+;JE;X7H%H,*K]X+H5JB+B#&]\.\_931\?@BV[_U@\X&P&7Z('_SIO_\W MQ!_^^3ET?S#^Q?^=.A M^W/(J%SY2V8E!0&1]`GZMW?Q8^_HK]Y9]KNA]?XY7/WTKY3AOP3^%M_B-6(R M_!R][/'??PK=W7Z+?Q*_>PSPNER*;1!\H.]_\/"&?,L5Y3"G'*P)Y?`_Q*^9 MG_V$Z)._W5Y*%9KG:/&7/G`AM_0OU$]S8N+G"'LKO(H%I:]7F(M19Y9F1"E9 M?YDCN*4V]X-2Q1FMM1,^,(*'\-W&%%SXD\M-7."_.PQ:?'X(`>S78*3YL'C<%"51= M:F;/IW8.,R$2E,Z0H`4*EY/TLG-Z[3FE'H!#XELEP"A3'Q(4MWB)W2Q.,WLZ+\`DI7>&",6>P.5T+?.@"3):>KA4.=/@J?+!,@A) M30($I.!`7"W;D0&O%H429XW"Z%R(90]:S@:6`E^*"V4(08/'1W:V5GM M\/,>>R$.@?%2[6H%L%08`0@IA]UA2V=HBYT?1.Y?;)9Z@=>8"+;Z['ITYGON MAU$H_[#*%,RB254L90\<#3/XBJFC+/DS%#-`@@-B+,`PUXT-[*(-G`QY8#0V M=><"/AL9K!EBE^&!P7`P'PX8",DO",M_'MS0I6RNUW?8<_W@RGTB4[5S?[<[ M>&[T4OBXBB]IAMK*)Y8A@8K9HY5$BAXV'`Q',^N/(?>PA"CRURAD9-&6T47+ MF/#[3L!5%ENZ4-0J*GJ]1IPLXG110MAL$.E"618WOAYV#SB@']3)J+W<^B%> M0<2.9BBDX:*!:4#&]-6*R>5L;QQW=>F=.WLW-P'J^_)$01I8I<#PFZ9XA31HPTT("M666[H/*>4'U'5%YRNJ`CM;*3 MY@9H-0/!H.X_#V%$Q\CPWB>S86("ETV&+STR5.$K/R2_/W?"QYO`?W)7>/7Q MY3<2\2Z]ZSW=QR.18[&,2`2)%/82NF!E%-GZY5=>WI^-)Z,X%B1BH,A'B2!T MH0EQ4=`;*LQ;^L]4'A0+A!Y>T!LJ$PD@;U$B%DKE@M\)`3>R76+D(#&R1XQ, MQGSV6_KSDMIWG[&OGUC5203Y&39D=8?P?)#KZ,OIF*ZLU^[6I1.D+X[G;#"5 M\@X'3^X2A[?X"7L'7)9'*KQE>L)2+Y*BMX^'H\%X(&8L"56T2\BB4-`EWL\( M&YZQZ-;4*FB:DD4Q720(`TQ9=&MKJW]7L-F+.BB3Z8NBF72$C,TF8#4@)%ES MEF1B=+V^Q2&)6R2^D0R.5_CPT(5793,I$L;*/K0.LJ:#C@:95;UW/"%3`!&5 M8K8T\6=\Z>P[B#G32=!2%%KY@KEDL87P-QR\C%O,RELLYDO791+.)#M,2M-B MYI)5&[=\>Z+C(&C<:K9V/P,+IAK#51)M=7T/D(GMEA$G@CTZ`?Y(:TJIQ-@+ M69C[Q#?A9+,0M9=-3CZ5)%)>9QG;=KRT%!-&C/([7GV;I8T$<:`)80>*,]CG M5!1[LFRBM_'#/U"CLA&>$^XZ/L7OT]D\-&G3#*@7.:5A%D:-),*:D=$&01 MI0LT6.A5URY3=Q6KN\7TU,.2;JLCQXO_[I)YE+=Q'[;`!3ZJWIL;/93,!P]& M7M'`$LV*"I^J5\`@F)=#/6V9)G.\@CLF!$%+=K3I6`VY=:+LDN0WFSY!K-PG MY>@J,9*.52MO1;Z5[UUZ*]?QG"^8%BV43;5+GS.]KE0FA&IIAC4=VV.Q4"3H MG"%!R?!BS^EJ6%DU8BW0-T[*\$Z<)I7LTB]3J9.1=9(J@"0+'U+U=4`T)'.P M7P+_"I(A=5.0^ M<+R0;DV30`,.1@D4$AR6J0Z2?H8AEB>:_!]-II2,H_I<9CH?QAY-7^S&A_W( MV5;FB"V$GE"A[REEY$A%-Y;OY9P@E]FEJL%Y9UWU5?XAX][:N!AG.)G,LEX+ M7YIT@AX\#-_=?;J_@W?ARBJ>8R7A7+KF^%ON&>,.W?@`Y.6BJ,ZW[.%T&M=3,FJ(DE.> M;W4W$=:EF@6F6O7\6)=^=EO]C$R5ZY&5S)IK#*(#YT\X<#;XBQ/\B:/?G>T! M7Z\SIUD6WYU@A5?W_J?=?NN_8!PNO-6%&^`E(1^R1VGI4-G'U$/8=/30(K7J M`#2WIV-;!!K.&.T89_1$6=,-DR4_$Q92[LCA[.F)!1P+P#8L5[$(XA4JA.&E MH4(`!#X`X]EMO&Z)@\AQ MO8SWI?X&%D^U1K`D].K[)""3$RK?/>&R>':EJYVY9TQ.1K*,E9/UP="*US[I M^X@2(/,/0@)J[M%>#5M9#6.SCC*'R+*I1NTKAC.&.GE4R]AM>SP3QR5BDBP,/ATKV@1CI/AY"U\-AF.F'P7X,,+[P=R19D43O^O<, MCHBUPJ@.+Q-:[BB`)FBB#-$S%)-%WSAAH+%3L\+VB0J;&F65G34[\JK9JB_8 MD^>;LJ>!<=8D>9O,)Q7H`LU&M:@FQ5$/,M0:9ZM#C,ZL]9@\+?V\7@M8KCYY MD1N]W)!O_.B$^"9PE[1[0EG6T9*2Z1RWG9BJB[8C:VQ-1>I;YGN4%UV?B;DA MS@[%_!!C2+NFF$V.35A%'FR`K5*=39LPC5WL7$59@"'`68MWR- M_&S_QIYE)DU`4).Y*-NU)_B_(K^XC/"N`.6,-V/*VZ6:N<(/)1R;)]@9?KS^1WT8OEQ[YCIC@.$:Y M6DJE0@A^IJ`@I6K>-QX.AU43A90538PY,Y1P2S)EZ%F"=HO(`Q"D1?8^%>*I MR21!OZ^PJ)6Q@K]&.[9@_;<086X.5[#HQ31)NP6D!NA6[R<.[O'ES/25:VN>2W/-%7F3`J$`#( M+.NE:C(?FA?"?(;Z62[F"P9]F![JMD#YC##?R;\/&:BZ0Y?EHXI6ZPEB+]R0 MWIU`@N<]?HX^;N7M_15?AD5JB40-YDG3XFPP0QFEI-$W2APQZL`30YVJ%U=D M08\1-7/5&AS*3-,3#-8=&:U\!19O+>[')3_*409_NE2?DG9;)0$Q5GDFM=8T M/<'3783WF3B6SYLOD_*+6[S##@T*=$GDE_I:(QT<8-':5FSU&WU'T^)Z1B[1 MI0+D=T0*BQIT2A>+<89R@B`J26]B@AE3LA#R*5[H>,+\7@=6Z<^3DDU7-JE8 M`0"W"E\:^+?LS#]=#3)BI#DWDL>Z,J_Z::21'B,!#D:GQO&:L>ND[P`QU(GK MJF@?2'S]L'4W?`BN[LY0\Y+!`:E:$O4K1"?Q-=^"(.MWBE&&)/!EQ3H5S9UO MW]/&A;P5H[B#330[I:<(TYZ,?LH3$M%J[IH%J8+A>H2[K\0$;:"7>0\>?:DP M38:722T`4[J]PF!;=>VLNC68.V,7DE&,YF';0RP>N[`"'`LVA$%D$+P0L]]B M:EMVW?+!BSX[;L`.>Z;K/:4'T=I2,8K61J*IWZPW&8E>,#%E<>;Z2V:B!7.. MRXCJ`L><`^*D04]SG>C1>;@V-QP,>,/'A;>B?]"BQ`5I[+Y0.L2P'S*DSY`3H<2#&?ENZC]PX/JK3U[E[+8#[40$D6'MQ[7:/^"-ZWDLY>C4!@IQ6KOV=J7V ML.&Y0L."_Z6W#.@$[0+S/QNYA(0$.%C+Y5+VUHD]']3BE?-` M,1/T)F;S%J81;'>68'UB$SWI-9JO!\/53EX/XPK[:3@?P*Y1=]S5Q2$@8SGG M)2GFJ'W<<*U_E2S*5QO,)],)K^AG^-H3>FC%"*+H$8OTU&S3&WUZI0&$TD.< M8!PVH,I4]*IHUWPZM/8#D':ZJN"*2Z=K30(R;/N[G MWTBN\H;)05DNAOJR^=P61V$SU/A0G*4'E"#K4M`N4W!9IZ"Q(;7>`7,C:(U5 M>H:A-#&OJ9]L1J,?.#L63'FAVQ[8NU9_,9H-Q4WB#GU?HTA8"X?T?X#NXB6@O)ELQ(_LWNO:]PAKHW#>.T1IP&F\S3##CC#N9G9`89(#]`G+18 M)2;$$:,.!TFM:ML9M4.N]IZH_23;HC2)2$5'+<)0Q3[`V&."A(M#].@'[E]' MS2=4WH#!6E$,]1[787A0QY!X&A(_7(0F"=-,CITSQ,GU!#AM=).#QI6J!@:8O+=5@B5CBUX` MY?H0A1&9=)#45/5S9E^!A$Q&CB:^-:_"389F3\#36DLY@OQJ)<%@5.*+E5@J MF@884)7UCL7'8(#3K);+3BZG-&--"IQ)H_,_W`RN=YORT M,=<6Y,ZF.O^5``^XS,W?[0/\B+V0V.W26_H[VG;W>GWO/,O]1/J&60C*Q%#V MW.%PE`Y=*37$R:$W5WX8OCVCG:9I12FA?(86412X#X?(>=ABVJF5S'_A#O+H M,H%];((M41T81'5^6?!&!L4$#XLD#-.Y(>$ M%4S!3,>VL(YM06]KY+:@?%#,"&4XB3H;@.*:CLUA\\-7)1]_=<`5!?U&*FY: MHS^IPVEG/9BD@';FOL7N[N$0A%2B3\][$EOEJ;CL>:,)@40(]8K0V2@N;1/= M][+4D"`'-=9KT2Y)TP\>;7<1"'K\<".6*VANV*_QO/R@7V43*.#0G4DAA[R6 MK?"889AD>3^I)4B`%#>K.E@5*DXHWBJ?^"69&F&R MV&[][PZ1_[,?7/B'AVA]V"Z62WJ%)`? MBKD`^=4?HOW49S=<.MO_P$[PR5M=.%%QGECYJ($N/:<5(?()H7<5J( M$D.$&J+DS()/GV)V&\6Z1I**BU&DU)H!)$<^A)&_P\$%9O?%U/4BE#QM,D,N M%T%]*V$Z2P#"*:&8%'3701V:V3G-5H(4:))<[6&Y'+G"`A#@N,`/D?(A)!D-(F^,J MDY$$(N`G=+3HEJ(D<\T/Z/!1XV-R=,`?L*'R7'H$HVP58_'LRE;:2QXT#(H\ M=^648S",*_F9SZ142&0E=`"1<(I"=C.%3"*AW)V*("A1'M[_/SJA&][M`^RL MKKW?G<"E6V&W9.YC*7W&BM?!L"*7J<$1YUDY@LX0HXXX>>1[*&:`;HW/X+M5 MW^;MC0AW=Y?IR/P4ZQL`3>S;^K$4><<(%U!E0<[0K_3%:TB`8:Q:+N6H/YS9MF30RW"@3IH; M\_B(V`=$ZK2#RNB'5BG#_J!5S='EZ%6P(CR:X_N$J%S\!'EZI;.2KU02`$-R ME50-3CE/!Q(<)_?!409G<=^$E$[+8U--<0@6X\MA4:SGXR'3E>O@RPCNUE")]&BSF)"(T<3W9^A(EAABU7JPR MM=2M?*FI1C<8/!VYFQP\>6/`(^6+$QT"-WHI*?I0>`$,+UDI&JQ@6A/)F!S3 M`R@!T:T@PTVBSTH,0TGVW!_4E+F>'#A'!H''SE=GAR_\G?QV9>GC8+A)96BP M^36U)*BAU-`W3J\70TU;]XZID=;/`C[+W=.E+*?KS)\'&5L:^R0*G6""Z6S[B MU6'+TK3\1DL&5"'ZQNCW8IAMH:FM1U.8$3?G@O+!-C5+#U!#+*OV+>F#<)@A MW)M4H,@R44JG%\AHK(]DCR.2*`0$@(PW5?A_K#R,^Z]Q$.#59[Z-R\X4IK5-A2,3_,:B:P2V4QN4!1IJ`W[0/LLDOF-,L(&8$79H MAZKX4^H+<+/&5I!/YX_-C0B9%/"&.W6I02RMP`2`HDHZE=0 M#^UQ`:6B1R*A&7?!0&\$V8YN"55-!K0HFX>BRY6-G&?8)C&*#EF6!E19!1); MM_@)>P=6?X->M?-B\B@.1@GE/2JIDW%^40A M:1H#"Y;VNC*<4+62X82D8S&8JG+$.2'U)SQ*9$N])G$?UHY:\"8FO8W&:I#?%S8,L MSOH[-IVJ\Q&^Q##%;D#A*CM5*H,!3^ZUE0"4V`L8B%>N\^!NW'.,%L@SCTAM/L9DM56NRA3ST+4+WJ0@Y].MK5.G[C-$$*DI61EI1FU)H% M9&1UMP=ZL><=7M)3?&[MC2,5+Y@<5Z52J'=8G=GS!$2,&$JIG:%/ZS5>1K2' M&>WLL42?G,!SO0V[(X[?P`S?8E:3$?CE)$S?D.TNQ_8($\*@5Y;4^VANA*VV M"@S(X@:?UVMZGR8FX*?8O\5;VJ6!U6@QEWIP0KRZX4=^ZH%X$E&C8#U%4O7C M+&F>G/:X)>Z<98D$S[C6FK%]Q_BBF'$/<&W.7G;G]C(7)72`+!])3OX.O8XV M'[-BUW;"/I%J'^--N:@-!L^AK2?@P#?B-FDR?N20WM#^CI'+&>Q5A)!JY+2* M(16&U;$F(*;=]#(W+W*CETMO[0<[O@Q1GFG&:&AK2)T&PD+!O<,V=-2A'`KOGKA?#8I)C;T?3A/;BZ]K22]2:_- M.D7161/]0%8+#_@SD7:Q7KM;EX"EYLR"Y&F3JWOE(C2H*4FNC#Q@1+\42FA! M'T?0H1KS_>06\P`OL?O$+F5@JCHQ;=CBM&JGRRV@5=@$""_WOCI:2IXUBY5C M`1H<01X,4J1$?I]P93LG1<&$:)C;P`B][("/"2F@`!'7"1!TB^VJ%VS MA2U]W"!$9#(H9\SC<7QLM(K52SD])*O.HY M1`J^5@62K"GZ`),;?^LN7^J*=^K>`H1-090F/C:3PX=31=_$G^#U-5JU3HYP M7E%$)5KW"5$2MZQ"5IE)-%2^?-K^^>@'GLI!&.FCABM<9'*H%CV,[=E0W'$P[)>+[X[@2K\-Z/G&WVWVEYWE<_^@\*EO_'[)8K;\S?_=W.]UC,8X@- MKP]1&#D>C6_RKU7UDEDD5$C2I*AMF(<%HXH867$Z)409RF`HT::M?:*V!A&D MX*`%.-59R12V/KM;')P[$=[X@7PDR3]E%#TYULH.9(TM*P<71@;%=*#`<8(R M=B-ES/E^J0/EG?U8:U/>?8LW+MTUY->V2C]+X3&C_IWGW:!:;II/DU(Z[)9= M*`\_11V[F3KF?+S<8)>MC*>AB;@YV=\S4O&O5\FB7IISV0D M-J`YD=Y<':]3/[NQ?F;14N>$Q^BIM$L_T$0M??W=(]_YT=W?8.(?7N1L9/VZ MU=\'Q9A$J";N.,T-/IPXRCIG0A^E#/J"02WZ\PN-_-W>\5Z0GVB[3\BA@"Z. M]@N7->Y<#=$JL_4'K;)^WK*GP9&HWO5Z,IQ;U;@S?#A5JV*%\2U$KH<.'G'S MT-^Z*]9YYC]IRT'T1/Z5[M[T#UJE_;VKC-,CV"R\U;]1\_XNK*LT8U*G`@\S MF6C*8=^VDQ4&&?Q8RQ7&!<5L>C(SZ\@P\C=D?!Y MO?[LN`&]C@,G/Z0]G4I+R5J1,(GT!G(I#T:#T2P>905YV@F-TF6WTF#BYPXE MRP[DPE1K=:\_PW5&9\CBK5,<.0?8IM8"0>OS$H?AO?,L[MZE)T;+JS*2B[$7 MR\A]JKK*YC2:)O%\BJ#JE\?,!_':*>/'[O00'/G18GE]5GKO?,H8"/OF;&5G M;$6OV'G@'$/:4CIDA5?^7A1;D5FA&P+73^E`4"YNG&QIB$"2A+:/SI;>NG7W MB''T2^`?]D0^(:BSO8M(0*0CV;G#/F%XY7KXDOQ*%DM.)FLPG)PJ:X-C=!/1 M/"<=,NFI0,85,;8HYIO$$&>+$M8HYHV^4>Z(L0=**LQ:S39B-5.Q1Q?HLN%' MR_>`C4`O9:+?TSX%M3Y8\2I())'+TV#Y>#HXCA8/+Q+71]\8>?!HH$OS(\2W MTMP\HNN=N!RU-7;K(S)KSF`JO]XCA#8]GS@;C.-90A-?A3^?V8TA^&Z7$P0O M;.ZSX\UFZ/)>:AUVXTHZ3%]Z81040$MJ&%!$I2N" M-(L6$:^RK$KI50AL5^`HNVYGNJQ/.&1RC+$`3?3-:G91%?ZEH"(JQR0[C6-GU!E/+\KO0= M8$RUN*EI/IQ4@ZH_D[;3%2WBJM=SLBJGK(.6]OXZGQW/<_$7I[P6HNP)P]UT M"NQ5^[+,IN/1B#?1X100(?'>:,^L(8^\.>ZX?7+E/KK>A1W\/'JNEDN&N_B734*R52-$YR`^690ET7`#^NN;K;/$5]@)<7AQ"(@L M_-JC\H_6FIKY8-!65-74TAJ,!I,D7A!N:$O9(3?AAQS*$#F"(SU5LZ<\T98Q M12O&E9Y;(VP-SPI,VQ0RD_Q!BBF"/Y%\1X(LX4<:[BZC"0&&7&1K8N M'P(,=Z>&F4Q$/,GH6H)FM'Q\.`0;E7:_%0\;#WDR250'57LRF-MQ1!/$,*(<4"4!6(\,FT&4,P% M43:(\X&:.G5G"ZN%+2#G6MU9@L6=\?O1\/_L09QI@^TT]C0VDHYX1)AQKH3] M5]?+,I6&H-IW3$>=.H'4E^WL^5`$&HHH`2Z*,THVBRV8D*)740MJPH5=; M%BE&[\?S'D0*5=0EP4')%%KC`?GAD[MYC!H%!.E+8!%!)E&#E?QDD26#%/HC MH]NCF*!'U:.@8%Y5Q:B@1U\1%D8S$A;Z$Q?JT'<<&"JMH3,RW.$G[#6)"N4O M0$6$4FF:C"2CHVC`2/8G$&C0L!@$S&JHAG\-:@KL3P<]2@DJX74$>[D1=$*^ M.!VIA7SY"U"0+Y6FR5;^<0)P-->&A;PN0-ZNA&N0UJ"D@/^P3Y"OA=01Y MN1&T0OZ[SWYN`GK)*V"P+Y>G27HX.P;^=Y^GQ/W!O@XUC]!O6DW%`*!#5Q$" M[%&?0D`UW(Z#0(4A=(2!`*]6M`)T*8=]\1'3,"_P5_4!:SX;QS67G`0B-(`P M?)(.EE$=J@%ZDB)V$T6,P%+B_@D,R]2%..'SB^-Z]/KD:^_"#?=^Z%*P7*]9 MN8+L!'CU.P9/^%0*HMRB8&@/Q7R5TD-O*,6WM#M9AB@]"',3^'L<1"^TPH<, M<+2#YYZW*__T'%\/>>UN65^#7YPP?9[^XMYE^XCQ[V`."FFT%T.<,!4S&['1 M*F\O5O83GM$[[_6J.^?J>GA#^SH;4M@:48W93>-O*-FWS34V=4!*"=/9`U+U M9@()3=C#@;-=>*O%:N=Z[#J@R'W"G_BEK+)/7O.6R?!4+8JR_\U&,U$!+2BR MB)*GB011H,"B4U.[J*F3UU1CQW`DQOX@UO M_*V[?.'_K3OJJ_2J0<"IR*-^N90U$DUA.%E$Z;([M$F$YT31-_$G^!%@_9K; MN;O'A0DH&B_HE&J+/L9M7.GO+KWP$+"^5K'06HKG4>P\/!M8Q?+,,SE#,`@D> M2#"!QK!N,S`L)\I2P#YRFRRI30*YTN81J^[)Z) M19<*,H+QGL-G*"\;BH7K)@SY9/2N"D.]L?8DF7`+2^X#_\D-Z5R;_!6YW*X1 M%0`R=AF`=3;4=?UYX"-CLYO9U-X%BU:G7FXVFL_'TKC3LXO<.M`\>T.4ZR'L M!!YQ6-8KMO)VMPY6'845GG#PX!NW@U6XWXYHO\(!BAYI^K;T-R3E(39(S/-F M2YACXB;$9O09S"VXXXY"5RJ72]JQCXXV#R_LD26_C!)JI;8+FXU:.D]_1I,& M%P6J&Q`NPB?7#-1T990];3R*'XF@WG)W-)WDXG9Z[P1T%T8MJMDM5#.+(:FS M':.FW!9P.&%9VXWCKK[B:HCD'C2.CBQWY=!LS496#AB,"J)DR$2HHT%;$1/M M%<_-UFK0*VCT!RK'?2;!2L`HH7,36H=B*J?NB MA:B.H:6Y]T73J<\L=JJ%:9+)I.NNC!9Z$U-ERVHQ820H@Z%(I\(,3HEF M>[EF!B&EYI4%;"D8I5\@4YGWU+_:"ZBUF#>,QJ.A&MIN*R<.AM(]W8J//F=.Q<,&!?'#7>7"WN4N\53Y[\55H_!7D47;#Z=BJQ1^EC3+$ M>S3@G:1V/.8Q_?I06]S$26N15V::?B#O_!!&)`4.+C`[<:".NZ,705%7E$:] M,F\TJLXP8\HH)MT7Q)VF,K\,-M9M5:$;'.!DOED-MU*[]`-L%P=,MX47ZS4) M!"3#"<4BL_(WEQ(`!9],J@:%9K-9)0@)!UYKD_+H:(7^E`Q4DQUD>2BW@)-0 M[Q=8ZWR[&K25INL'>!MNCRF]#0K;TS:91O/9M!*SDIVU_L!5A_ZC1KML'WJY MEM-D_TW9A/W`K"C']3;GSMZ-G&U]Q9,J`5#DRJ127K6?#^:#2O`F')!@T8=Z MJ4ZLP!/A1_(D@2H]09]HSL^1,U1OT[G;S_T";YV'5^.WTH0]@7#TB(-$SLJ. M&(HOPT*W1*(&^>'4KH8MI9X!+Z??GR%7@_9LQ.5Z.E+M`/%8X:XU6)39IA\X MO`GPWG%7%WB-26:^$I4%"V_%Y&Z(2R5BH#A5D;"!YTZJY[>"6U)-0\<<[N-] M0W`'=A$U-]P"\=(O,X%/:?8+WTU@4(UW94N"X9^U;=O2BT%][^[1(3ZVB*+` M?3A$-,V_]]GO/A)E5C?."RO<#@*:1]4<%#N5L.FX<)*T#>KY9_-,C.!,$>>* M.%N4Y8LB'UVXVP-O.[->XV5$C]2P)]\]4&F0$`=EY0%,W@W:,=\V0YR[HF>K M",38\4QZ]YT'GSIH0=A1F#G=T#`AAY]_%8&0WI$C]:;C)XT&A2/VZE6F@T%R M((E3BJ7=?#8IMZ3!H1VBA#W'Q[XRZ4MIM]9:A6R,WP&C=(;F`PF/$R/E//-Z)J&S%)'CG]&VV7\;OHEE%]LJK9N\;'7D7!5`/SB/PPCH??A#9=9\UW&#$]XG:BIE54 M\])#C#J*R2>'SL!.FW6HOEWRE7_+MY7)6P-N`&X(W70,;F(XB&'XBBYH+[S5 M+5MWJFX,7OZLP0&X5`#U\UF#B;BE(-UD911#VL?4BV`;@&O0C;<-<):TVN$% M;=E>50\6CE[8L=M2FTL]7\YI1H%3+ MTF#W>SR(0<-(TOT[3A1EJ)XA3A<*.#JUM0O:+AE16!2I.60>40HV`4%76J9( MAL"[B"#]T=^NB*R\$Z'L&]>]9A)=-;*H7Q\HS6Z'*Z]#I'J\@_3>Q`PZ*,T77S.%,Q5A]Q%E-F;GRZSW"7>/BZO%L:E7A M#[R@O!N-^0AWN?AX>75Y?_GI#BV^7J"[7Q>WGWZ]OKKX='OW-_3I__GM\OX_ M^@S&JB+R1F8#!F?U\3P9RX'1IQ'G)`W%V?TCE(`>3:KWNFJXP(\; MOK?R/;9C]^!X?UZOUYA,[VZ="%]=?KR^+;U`N]F[)L&D(I"RUTW'\=V\G"Y* M""-!&5'2Z`TC_A;H`NL.=;?UZ&X,BTU<.0=+9=,!(71SCX-=16EP[A&S>$OX M-CA"/APFL-J\(T;?=5`$W``V+55@Z/CJ1[@7S0K+O*3@XWD]H5WY!I-/Z47. M!G_$3N!ZF\_N,U[%I2,4?`I?3($($!SJ)5.?8<_M01E@SE#*!`DNB+%)*J)R MCU"F\"#3;1B^=(1>8.8%ZR9VE1;NJWPV?$\%Z,O M3F\"D3K&9:%*T8)0P2P28MX39HMG5W;\K_11PX&IR%^]7X1M6>7AAY(BTTM" M#"[G/5$ONX5>)I$D<[`B7DJMT`=47/@[QRW6/]8\#(@,+H%Z'_CY<%R%#4ZN M)^AHHUL%/BIT@T)(WMFJ,)*Q!60BS*8/U3WN2Q\%2&JS_!N4/\1E^WRB)-[G MMPY#7C5TNE;'TS]V[R>K[Q"+E'L_@#K\HN)H93G7D3TTE.]_<9[=W6%'4CG7 MIV=H/CWO'8]>-'.])K_;.1ZQ57+6IO"]FK]ON(R_D7"*'C:<3*R!*.47]-&> M,6#GJG#,@OK:/F:2GL(R6^#?H0&LK`$X`W::+F&!KMO3-?YM^A$>R6 M7@!5\=\*[7'5?W,[ZHA/[FJUQ9'_W;L/"#=G2:%>NO%1][3IV",71?4XR6`P MF8Q$I$FHH0RY;GG9+]8P$@GI8);"OL0=$BOZ%)&\; M9X.O?"+1M7>+G>TGUN;V`H?+P-U3$>F_G9-?;?S@I6+YIQ4I@RE^&_D:["3. M8Q@*-HCQ0<1%*2?$6=%&,`FS,_8(BOF!KC%U;QR[*^.8FF2<`I7L)*2UJ7L5 M'[(25JY^-:'0AVAP+):JGT_FP^%$*0@47!MT_:PS0Z@`7MT0X"B7.[P2N"76 MU)#8?\711]__\W=G>\#7ZU_]0TA[/ON[W<$KNVU+Z17#*7Z=/(J.-QY;HZG- M\WQ"$CT0FNB)$J6SQT=.EK8*C.F:74/0JZ45:TEI(D:4+A0(LBA#UWSFKU=3 M6_E[0DT"5"$8SP24[`,QW!/!SIWPD5V2O<*KCR^_A70?.EF,6)`YRQ,_'U!= M=MR"D,'!O[ETZD6\D^DLQ2;E@F(VZ.$%O:&20W][ILR-_2]/U&^7G/CT*?Z#=P7A+#-^33?]/)-I+])=)JG[UI157E+2( M!&XG^ MT\;`\7S<.A*\AJ2A$X/EDX8#MQ'Y7VRB7B<,#1'4+GR\AH0AO1_KQ(2ABA!\ MR*B03GE<'`U':F$BYTP*#B]`N+K3-=OE)^>,*@2[27Z M3QG_IO9D-FH="5Y#PM")P>2K#)DK8E]9V#@Q:6AB9Z!PPONN7_EA173(/&,6 M["EC]0/6H^DTQ:ZX4_T-)?'VZ#JX&P?N&,$)VB5[=UOR*EA<:2O]I$YZ@U'@ MV/D+H"XHJ:>R("6ZV+(7\>K>_XW-+_#JEOPW<)?D)WX37?E.<#,2YBL/&LFG M6KAJ$4/.TDH$@6W*!"5T\3?)C#SRXY+?F6],QFB*TDRV!B?,Q\D,Y'NF?SK*,^E?W_AN+<*`?HMI7X?M"[H,PP.!<\8Z MOQSX"N?*HZ/<$#IF MQ@=Z:N]ZO0A#ER:R5^X3@>!OGAN53H(KGC8]WY6+HCJ/&<\'HXF8VC)JU#<< M00]M&4%$"YE-E]?K4LW*J':]1C$]Q`DB1A%@6JI+/5OARX%-..MQE6_DH'UG,Q/%QOL+8L7K50\"(3MO!2J9RTF\\ED4(3U(TV0EH06U`9GR0M` M&"Z71K6GRGQ('*6(93"!6QG2/9DK-:AI*WV%:$Q7XVW(O8K#*,Q M!N0NU+WT_O'H+A_/_=W>\5ZNOWNAY$;Y-A2`HH2B>*H.-QM9]K@8-O+7:M.Z MRN^4#3UV2?D@GS!*>A+#Q)).S%`(+H5KMR\]Q-@@P0=11DE#:KB(TXDI"B'H MD+^"NY�(>IAB&A&+>:F%=C(+NC'01B?G?8<_V`A\W,F6%>HH-7%<[1B`Q0 M2&LBHZH7#R>#V='4AG5ER+AKR'C%8VKF4+DH"<,KF.#6G4$*$8XS2B,;YQ5G M4AEN*&8'%^:Z,XI]JI=`1[@VL:(8YAJ;5T.LNW;^_.[[*Y7FA-)'#<_NOS_=Y@D MA3?$JG(@RQ\V#66I)*J+ZY/Q="0F3X08\MSX/R&EA_;D;;,)A"Z5K%@E2HG_ MA]%#E"`DH#7IQR!MS>?3>H6,`+D60`F4JPV@!\QEH_]+%:"K7C`/Z@IIE.?` MX\'$3H%=GA:_`(W6&C6T0#6L@[HV-3G<6REI"/X*D,N$@#K#Z`@#<8V1J"X* M/STOMX?0?<+7Z\_.DM[U^G*%G3"I/O)6%W@?X*7+D$G^NMC1,I*_V%_%0W>/ M_G?O(][ZW\L^>,<<30>B;M51W3PB<+5LF9B<]:HY0Z*%M$FHZ M!%8^F#`9Q%2V1JT1V]4M>)F-;8Q!+14'?P$^*PAJ5!;>/ M3NB&U%I9?J\V1%5@45NTDME=QX)8^/BG'SXJ[57+'C6]!"610W5V/9_:4U%2 M+$CU8*]:BTX6B$[5*RI:%+/;*&9DX:(&/LF*0Y490/(/>FYX$88X"JL/M98\ M:#('..*N/*F>3:QXS9*=D>94@$^TGJH/`P(9+_:.NTI7!&DJXE/*H*.HU*-R MXV"Y`8`AD-YN7O_=,L_"`"$5H(GOS,JP`'VKNP:M,ET0'*&5AT&*LY7\2H*% M@O9@<+ARG0>Z_.UB14R4OV`:&*52J"^_CHYMWA/$. M;5.ZX(BI=+TCV,@M`H<=8M9[8M4+_%`-F>QSQI&28:[L0-;4FN0`DC@0)0.) MB];:B)Y6'O[.F@J3N37M8(7VM,.3*U(J?DT//8H<8#81A\=(B8L=0Z-H%#!$ M2)OZ5'U3^4NFL2*51+T)S6!@98%3V9\*$$>:-#WJ2`4.F%H//$)/M2ETK+@= MHC`BX84=%3YJ'AD=K^4KOF1Z%:Y6(O5JE[$=GQU)B9;W$*5T#9=@:=;3*NI9 MVC"6T@58K-.LJZW\3<'6[Y3!F*SDJ=D(8LR]<5[8=L'U^MS9NY&SO7!#WGK] M&,)J[Q@<<2L%41Z&[,E0'/.(Z=&-)D$194G"C+8:M>2][7R/O\[[+L=GT^GU M#V0PBP^N0P[#2DZ9'87K302+K>0.RW,_/&K#4_LX"*+R,C1HH6C;QV!*[WAE MU/3B:,[5\O"&'LA50]))VHVH>A=XC8,`KS(7LRX?G6##>D2Z(.>@5?VN'#DE M)H$$S;V_6/[SX`;X([T>'H`#AN"W/I9?O'J#J&Y&U(V):+U"`3&UERQ,;$:=.-7-"LL%0O<'D3^*L#O>T,\_U$50\X>@\2BT5A MU!W1FE6@,"4K]KU[,U">J+`8'?G2BVC8?'U!@?T M&A-G@Z_7GUBHBI']J[]=A9?>;[F.KNJ:`_9R#D*K_8FZN7E4M[6&!.3J80X1AY]?(F;JO8D MFIVBM4+H,J)URRAUBNH*(7>GL M)ON(R8E,AJ]R"C^83\1=@ZQ7%WT??:,4@`Z&M5?"5E7"V!2DQ%5RLXVBJI#^ M?.'O'%>Z.YM_","G.6?U^R*'P\&15W,:P'[=1I&B9UT@I:\&<%-6EEP6A5G;[I4?6[LSU@DC^RBZ]E45CM99,#G))$#3*A MJ2B13PCS*KXS1&@C/^`=`5:(D4>$/K\5'FA0[$!Y.Z]\R)7?$^6?*%'00;.1 MZ^8&4W5#P6.2WSR_(%'##]R_Y"45U2^!8;`H28-<;3228(_31"G1/N#M-$7+ M<19R19U*16'P)G-+.X)%3YGV+<[3Y MKU+J4.#L0'7[6/6[7V\N+R\_G-]=95<=88'7R(OS8%0W&C1`+UQZ%)-5/](K MF9L4J3>D`@18!=&4O7=B)9MT.>_-\*`E#GVK7N_2&@S+V8.&PB25%P3W!=<- MG%^&;U6#0N.<9GBT)\OUFEX0Y'ME_1+4WP/" M)Z>R*QK#5;X"A)JB'.JS(WM0BIPW*442J]\"-H_3I^;QP-07V,@\3P:=4COT M"3YIFQUJ[Z3%P8(>$V.-(!M^['IZ/0!>K9`-NN7.IBJHS+2AHBS/,@T_4J[] M@JUF(]GB)JZ`W:A'9K^9;E5+PJ"/"%<&APK\U>P)'1ONG"U)CU5//M>_"(3V M3:2FL*5E^R4JGIY_;0%>'QB7)Z\H-]S[O#$(5=Z3:0F"UVEEEH*RP M%!#Z]CB(7FB)>;3P5O2@T)[&C,5JQ3NRR+]^W8MFT5$SE)`&@Y]6E7G7C_A=VFUA+S@PQ7%,'AA^BMY:@)^*I7H%OZ^X8EXI M?Z4/D"-R*'O>>&)/E,#VM?P""$"8-5;3SJJ9QQ3X!1SR8V*\S_G1A"-4HA01SVO M\V>O7%7?U`,:T;HPW"N/>\TBC&)T;&!GH.G)DQN2&/39#R[\PT.T/FP7RR7M M#%FQ+B!_Q>ST1"I'@T*B4;H6P,FQCK4Q0113!)N;:-+1/M;QP5D12#Z`K[?5 M.F!A7E)M$0@4W>*EO_%^'D^$L6)&7)T M/3=ITBXH0G7QU*AEOOD\_)5)*KZ7!5"M*6``Y.X>#B08TIRX#C@ECQH%S#'_ M!BXT3("2(=,-/%0'F=,U$M>:['8'CS98"W*Z!7+=S&%$[EYY;$@L`8.)+0UK M-PY-+M.#">'B(8P"\K/T:]:\9A0KU;*HGT^T![,8-XPD8C2S!S9"]"TF"]2U M2J^V]DG:FD.6FI/F4:9@ISXA[L(-EUN?3.SP/7Z./F[EY>M-*/0`AR5B*3NI M/9O70S)E@+Y1%HCQZ!D^3[8"@VI.[^]N]%AS@`X:H15.K0)6F=%@<)NO@EQX M*]%A_XI6@UT_;-V-4U7JT("`4=2J2J6>K8WB!J:Y`D)6UBBR%(88,L,D-XH39=V_6ISF$-T4W?/`[J10:'QK'!R1?HX M$%9;G>X8#6?#,F1V>'*E'0A/T&YTK%YO#J_4^9P,0KTXO)*O_66(#A]IQ<:3 ML\7RE?S:UXP"J%J6!JO=LTD,I%Q1O!C?R`\9LE"9J$YE[8*RT.7NJMZ8AY2" M1?H(K45T[@3!"TD/JCKX-*72(^`51&M0$3>>J>/P#)T?@D!2?`H/R).,\-KP M*7'I)G`MLY>&$J&4+3M:O?CN!*N07G*!R;R4YJR?Z(5J(>WQZOJK+\ZSNSOL M2FHCVM$Q7`+42DC5:YOFMA7?^Y7Q3'8$'SF,$[L4)6;%;ZHC$Z(]8X9VG)O9 M4B`#!BG&*\8(<4XHRPH)7H@S0X*;^3(?`T:);]*A>I*4/@6W%\.%$44P5O)'$UNX!('$`4I^!O3].AD M@>A4G<9J4K3IZ)6*69!%\MB)BC+Y0P]O&1_@;XQ5E#P MZ]0BMG:+&,-Q2S#D`-[&MK#(C^>2\96@'YW072Z\U86[/9!Y)1.SKN*_+360 M.-!(1&7GG\[&)>$@669)KLT]0XP?J_\0'(7S(_"S`49L%!^3VQ_X3)[%B".3 MT#SER@_#ZON&S8>&5F@ICQ#-;0P<*$CHBEZ^X.C17UUZ]-8-NAIS_%N,OSH[ MO'AV9167)Y&$"1F-Y6R0S%HB1T\)DS2=D"%Y.B$$'PHZUMUNJ#L`YEL[O@3X M[2S:1_2'5R3)N8SPKBW6,P1ZA.Q4*O4;KL=Q/]7<^,_((TX?91B@;Y0%8CQZ M"O&V1CB:`;0W0E^P?NSF39!=,&0O<:PVO:]\N4_X;39QM>RQU0B[_9B^Z].] M"63[-%%7<>9&2.W+I/RKSS.`5:&TXC?/C4)QF\%+PZEY&YH@F&XAJ+*[CR9# M^QCJ"4=T5(C#F,;WA[ST<*K>N;7*"Y1$C61B&#IYCWL@7'IK/]@YT#?(:H%3 M>?AH:W38J!(O,^!5MJAQ$02T.R.+?Q]?TF=N^/%.]J'5TH-3Z8-$FQ.%;C#0 M3B?'D8=1?O=`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`[/)6NEMODD9L##",/%64OHNKEH5CUPHN%+[TP"@[\QH/H$0?WCXX7 M;UMO-@&[0.+2BP+7"]TEZ_B<5`E6N0N,0*:Q#J*E,O"FT]&D.IYDZ\@JR\C. MXMKYC-R("8XB(GFF-B86'B72(R;^65J.#!C%7L$'*Q8F\V:V_B$*(\=;D6$: M/$J"!INC2`SW2?]+1/OKU/'Z`JRL2#]RQ,_HJ1Q"YO:D)HX(W MFA=VP!Y\"J]?)_7#:M/!V'1`YZ*2<"/N!>C3L@/TISBZ\*2R',\?\AAJ6" M4@V:HDPMT^-2(BOYD4G;29SE=P-]\BJOS>WI!QEE(VTF145.A(A&])A;AT,Z MM]Q=Y`31*[3=N,)V'_'&]3Q615YEP=<_@$EBK)D1K.SS_5A#V.],/;!Y58'] M#S&`Y752AOQP8!N?5W%1?]QYU2F?(C='^%VZ3_3Z(VQY"#`38$L^T*N*KY\= M-V"K;XLP/.RX3O3V.CH3OW"?W!7V5K=.).WITCG?UQ!1595I@M^YME!*I>.[ M!R@CWQF*)42QB(C*^,HB:#>F9Z$SL<\JML^+B[>O,X8VA;F6X-GHV[RJJ'E5 MU\WV=,*O(>Y=-6W\.IE/YK:FP-:'SKB>;,5SOH]D1_+2$JROX[KMM12?3 M?)Z/'N6K)-ZZ`3^BK]N)U9B^ACBFI(GZ[17ST51;\D9$>RX:H5M+*%3_.#](F/SL!VOL1@?B.N8^&MKZZNIHPF9'OAPF3K6TN"9/KA-X/%B1+L-UQD"Q^FA\O2"Z\ M%4AF*1?AAPF@>;T:W)$TU;?[HAY.64>P'S$+U?1%6+#EFZ]THSOD87?ID$"X MW;["LK;N73BW;26(XM6'\RJ3_1BC4WE0-3=6E7RVUS5R,9B)]L'AXA`]^H'[ M5_6I2JU\7L48)!%>_?;>X5C?WE0:&45"F@KTVD82+79EP2]].1XOB'VR5=&O M,P36H%-/G*OZ"J_J=.%UO%^&@Z4;TC;G^=,REN[C6?4,7\/)P%HMU(\.VQ-= M6U5G:<%21K"SXN&^5W:>3[.IQ?VNN?-X+&7FI_8XL^SI/3;UP"EW\*C8*/Z@NZQ/CV%S4UY!,FL< M\,C6!3"UY'N5]G_E<>P?V-T\1GBU>,*!L\'B7_!-X"ZUEV,VY/XZ8UZ52DT` MJV^=M3P2QG(B(6C\KQ@Q45]]B-3W'5C@3,SE"'/AV%Q[2A'M<<#GT3]R;%4) M%AU%W-K/^1KC<&99M*NS116<7E%\+1&_"8;U54HEL32[._5:#P;I,F[Y9LIK MCGD5P-09WV26?XVQK-O6,Z^WP;%3!Z=4&,2:^>DNAR:R#*>UQ)&-2_0C!JX5Y M^<;N:L7N776V\<;NYD>+93F(=A?0TB_P&J-:IA5*IYL5QWQ>440[$KY!'=E, M7V5Y$L^NLWU#7VVS)#W&_;&;(NFQT7^%YD=U\4SG`%#^.5YY^`?8XU'E_CJ' M"BU["]9P..AX`('8XS$]LNC[%J.F^SP__I"DS[CCTXS[XXYEIO?4FGS=5S7N M\2SH,@P/W77J*^7Q&L:P,L$;K"W,]2W=<$D0%^75;IV=;L_T9C51=HI<1NU5 MAK4J[&D)7E)[Z[@KM:U0M"T?":->NS_2&+H4YP\TL2G'_B(DTB*+N.5GGZ=/.GYYVAZ M]B1F!;*,!!;"3QG43ON0/1CT2HK(#0][325X90-?0_54\]&1;>M8Y,H/?>O\ ML92ZP>]U#7N=?@C-`U_V?-`///1U^DF:#GZ@1X\`0[FNX:_-Q^S!`)@OVC4\ M]C5@_LJ&/77-5%$]'D\GENX1;Y.<`/@19WI=?03-HYTXAO$##W1=?8BF8QS@ MN3286*UK<&OX`7M9^A3*%F79?^Z)?`MO=4/<[JNSPQ?^SG&+`T.GK/I4"-5" M_B;U.Z*C@.A;S8/@-TZFK]=$=6X1NY%%>E/3=`*H&I4VM;6_K@P[_(<;/9+H MM_:#'6USS>00NSGGOL'P]ET-,PDJ2'Z3LC3(3BF M+^H:X]W"9<("(+7L0GYIXS%&*HJJ7XUGM$T. MCRF_WEQ>7GXXO[M"C!X2!$W'#DTZB5A!J2%"+J\3^L9)&LZ(M"IH5WVT2@7- MA(!:4*60K[:(3HA_<9V=6X_M[&-0H,[(H%Q(-+'G\RR:$74,1JA;CZ]%FF!K<3]2N M"'55[8RB7(JH(X276P-DQ\'=>.[:73I>M%@N_8/'2KO]K;MT<7B/GZ./A/F? MLA5GM9=-[@HH2=3@ON]I?#E/2ABEE%%,&GVCQ!&C#K7\WX'J'':'WS6-X4S!'7/HJC,.,*8^NY[C M+5UG>^.';+U;'5OR5V$P)I6G0:.>R;`$:PEA%%/N$^8TJ7V,O<9J`V"PUGTE M6*PVFHYY)MTA.]H-__1,?\2W>.F30?TG9O#2COGE-0N"DXH907?LZ)SD_#2&T*0 M;4^+0E@2PX1OA/`-*4Z(!\G\N:T9C<1>)-F1Z'<^:G<$?SNW)X(1X!M+V MH7-[M`YH8/T;.C>)0D`#;LYP0D!H%]!:MUK0-6DBPC[ZVQ5Q#%[D*>@P]'0RN#14'D;R@N:8VBP'TX1/0V.A3YZ,8)2!3M!GQ^Y&RKYS^G M:3FA6MY3+OQ<0:(K9L1@9S6E5F52CH,]*)UM%8E,TM-\0G^WG1VUJKH47O] MXM?LQY*X`@!SJT5U]NDT,%0O:U>]TIO`T&@M&/BP9W^(]\89'AS;7\#>!LUL02\PSEM$P398C#+W1WH;Q]I'RZ3@5;`=[,=W.P;&`H#0GV M/0YV?(#^[`,EPDETOD6IB-AG:T)Y7\6;`H6!!$^3#S M:#`J"7[$;7:"'-I2>E`Q[R2UCD+=]1K%Y!"C!QGA3E*-`?U+[A,APK>;]1'E M*';:URH+7GDOA(];DMAP'*[*3*$E2CT[K'W.P7,C%Y,?O=#?NBLG.MKTK'W< M>*R2RZ):GFG-!K8=ARM"CDW+!3W:"B\A:#I>Z5+-2E7+T$-9@A`Q2Y=Z=OV7 M@\-X/;)2F-<8I/WR28B7[S?^TX<5=OG*"?FAN&!"?O7'?>#02]3O7G8/?O&; M'?^[@46/(Z:J,_O)?#83ZY#B?<0)F'7T$^6WU>3OVI.EKD%=MUQ%B*6^^P`[ MX2%X84N2B^4_#VZ0=,,^]\.(C*&L"$&RMJ3\NL'%/E69&A28C48Q+#AIQ-?I M8^)G27M[2I_FN+QJ!V:]KQO]^1J]4'-)U:0SVK@A/>2*7U,7SB[Y-;*5CJPQ MRX]UEWB1%;+6/FXZ:ZR01;F7YMR>QEEC#"6VD6,X2]2F2EE4X`0!2VWUJF@? MJPB6&2J@)\D,ZPP`/MKRXCZ5("Z>A!I#.7OEX6(XG%MEP#CC@Z+AI1YM&MG' M4>N,#WZ@^UT5+B4=Z#+J]P0%\="K_O&2-V!1$8NAOGLZ&HZKT'&69)6]P4D[ M'7G[_+B$(UNUT4_4%%VP!CTYHX"CZ'=G>U":H_$'H3##N"O7!I$_9^50873T MXF/.5?'PAJX=*2.DC4:CLI'$B?BLZAT:C@=]0TC.O:3`2&W1#SS$$*43N2\X M>O25AA?9JZ"8.99'V>,!X[P$_:N=Y[[<.#GE\GO+HE.7N0^87J[955T:$''?-!H+J2J"P[) MG^,TEL2,$/T_8X4$+['A0'^?L$.4'UBK6/%)F@UM*D&F+=;X1T$#FN=^\\QZV3Q?'K&QQ0MLZFN!RG_I[A M6*8DE&IUV6`V',QX[$KHHLAY1ONX>;;HGD!K!P1MLYN_':AKY=4EA-->X8(T M2FF;#S\=J&PW^L)0D:813N/(HFXMB&7.W[R5&_*&>GCUR0D\DM')-I'+GS6X MD%DJ@/("GCT>CV)L9>B@F-`9;9/K+F&6*C6H9A^KYN$(;?TP1,Z6^1#Y5>0G MRY;@FP*5SI==HI1;!P(S=(V4'^$D5OU.[[B^P&L M/WDM^>2-R1A$6E/9U#UU,!'5'`D+E/`X0S$7-N@Q/FBZ> M7=G8>/284;#F>:OWP!O'A^EB$HC20-\H%:#V`JRETHCX<2M:'] M_<+?D;Q5X4.)!X%\GG-7+[\;V?-2K^=T>N#W;10J\_P*A2!\/^].,N_/**]A M:>5WE\VO5.XEECYJ>`%%)H?J`MY@;$U$>SE!"OY"8CTZ62`Z5:Z%Z%',;J.8 MB16/.OC$BQR59H`8QO[!KCE/#M]\/5!IKM<7[I9.(7G-Y?4A"B/'H\?F)$&Y M*16#`V!#T=1/9TTM<6@SYI"<1N,\V)6]C#S*T"=3-\X99O3LU!IVSAJ.L`9? M/D%^2A6]0ZLNC5!W?4NG1IAH,8*IM*,E_+,Y21MK]BC2'0G(%C>;>8Z$!GR4 M*Q>LP51Q/&X5XP`7B#NT1(/X]B`S`#"PJ[U=`=85=M0P"_G'HQLM_=W#K_XA M5)J+U+Q@>$92+8WZ%7S61-PZ&Q-$C&(NXWW#B;XU.CW1J:`%J6#E7$6GEG:- MEM`3%S7$Q=,7!#[I@3JOS98-%_8LF!_%: M:93'J_'4%O41C"@9I]=TK$ZVC2AA%%-F!U"`1FO-*MN)RN^$RJM89=I`C9WU M"EEQUC[`>W&M#_EQYQYVFD](JY]LT_[=1[JM8"QK409R+E51LY^._"3A])N7 M-!/]['J$#ZOP)68M&T\4WC*=J=2+I#S.C8:VN%2:QQI"EC::S!!&"646:KII M12#-672K:H&K6IV]Z-97U,ND*B;!9)WHNI2,($92&'50)GF,HHTX*H5B5X0" M^3OY&_F!7@Q'_O+_`U!+`P04````"`"18V9%4K<)/2DN``#]E@,`%``<`&-S M=2TR,#$T,#DS,%]P&UL550)``/!KUM4P:];5'5X"P`!!"4.```$.0$` M`.U]ZW/;N);G]ZF:_T&3J=K:K1HGL=,]NYWJGBGYU>U9)W+)3OK.?NFB24C" MA@(U`&E;]Z\?@`^1D@`0($&!@OCAWG9L/,[Y$3@X."_\^N]ORW#T`C"!$?KM MW?G[C^]&`/E1`-'\MW??'L_&CU=W=^_^_=_^\1]^_:>SL]%T.KJ.$`)A"-:C MO_D@!-B+P>C)>XM0M%R/'C`@`,5>3(<;W4/TX]DCX%]&[/^#$?W5WRZG]Z.+ M]^>CT2*.5Y\_?'A]?7V/<5",^=Z/EA]&9V?%?-\SRCZ/_O7]Q?G[3Y6_3*,$ M!9]'/U5^=85!-G%`:?H\NOAX_M/9^?G9QY^?SG_Y_/,OGR\^_K]JZVBUQG"^ MB$?_T_]?M/''G\]HCT^CZ?OI^PJ3_V/T&"%"6R]7'EJ/QF$XFK)>9#2EK.(7 M$+S/!PUS=D<44D1^>U?A\.T9A^\C//]`I_GTH6CX[A__890U_OQ&X%:'UT]% M\_,/?_MR_^@OP-([@XC$'O*W.K+!>%W/?_GEEP_I7[/6!'XFZ2CWD9^BI$#@ M2-B"_>NL:';&?G5V?G'VZ?S]&PG>_1N;\%<@5^>T?@J1+'K`I)K-;B.@W M@E[X$!'(9K@*/4+@#(*@&?6*8Q^0CP`%BZ'NA<<[NJ(!;@G$8 M`XSH&G@!K5G9']$TS5<>6=R&T2NY0P'$P(];T[P_8EN:KR'QPX@D&%QZ!)+) MK'H:C(,@_V'X[Z\]CCK7'9+GT\'HR>X1S1!>K[Z%X[/OT-(KIF?D0A="' M@'3";9NI#PT`.R^3[(M,9NPS^6,47,,PB4'P%<3W$2$/`#\NZ$8_#"PZ!)D# MZPE[B'@^FY7\">/%>#:#(:1[L)L5HCN=.4;'_G\E,!/CW;!6/\$!F3GOG)OS M0[)ST3D[%X=DYU/G['PRR,XU>(ZK^[:3W:,VB3FF;BB`\;H35F1#&SSEXLC_ M<S@`!2XSI08G:FZ9C#][625$D!7R@M#&@53$-(S).B<9^79NX:!7NUC M#'TZ:_KW\:N'`V(!D`9TF(/FUH/XNQD+Z.\90J^)VAI#AK+W@O?F$'@\WLO<#BR7L. M;2&1S]TQ#KGX?_!PO*YJ=P<0'3I3=XS"94(@`H3=\)\A2@76`0!0G+5CWIE> M?P!F1=-TO<^9TK.(P@!@DJG]K.T!^%6?N.OONYER,MM6#-/M=Q412BRS6:6J MXX.W3GMUMPY:DM-OM+HY,,P0U3%RE+`EC-,?J>Y'=4%VJ@'$SK0#;#?-V3O& M8G-K*.?N;D?))[/):3>[067*G.M5Y0;"0@FVV*==``J82S7[+9O6G$\X)8"2 M0(G:FC5DOO,(;Z.>3YHZR`GPW\^CEP\!@!_8EV`_I)_D[.-Y[A[_9_JKO\9T MZH!-?QMZ\V*XT'L&X6_O]O_^H7-ZKA+,/*ZW]*-XX7\"#]^@X)I^,PYIPJ9Z M5.ZM5?J+OXJ/,N9\E/$SO;=[S/&Y19)RM^Y!+,C(H'D`&$;!+?T=X:`H;GMH M.MDG5*.R;'DX&C-DQ*N1W^YP]#W1825DI7_NGIILU5_1"3$S<`7@[?^"-8/^=S(FRH\9)+$+*")!9N)B95U.A3EMS`$^(JNK'F$Q;ANMSH4;5,P MATS$H?BKM^2M16ZS[JE[PA[[1H_KY7,4CA%#>HE7F`3HJ='94FQ*>BP$> M\<%6PO1I@$FFHY1`_30`)5/YU@$>H3I0H_>\!);&J7<+T M?P:8I`:%$JE?!J1$-XP-2%2G'$!2NT"6F'6MB/_Z8=0B+I6J.23XIC-GX MYTQ-^C@Z&VUZ;_TM\HNBR",2?&; MW5MC_NN_?#6S"",PSI:@"DE@%!>RO4;X(F'SP8W*&K;$M5Y(:(C?J.5O@A!,2[AMF=/]JC M2V"1%S2R1V?-"MYJ8YU*)5!WV]J@.M\B]\`C8/(IQ$1R;^EZ%'*GTM<*5.$!`Q(NDART.\I-$ M^@EVFUFA-2%QM`3X&JR81EBWI06M;5!^G:O\4_`"4%*C.0H:]X#N6MDC;F^3 M^B?O+3N>:M5>60_+'%0T6>7/(.QFA9<$W-*[]B;UL^9+"%I;HOPI4J>;T]8& MU5E\Z!<0+R)Z<7@!),Z37;ATBUK;H#RK6D`7+ZC:FY#"AWM\R;?"OWQ':P3X8Z^GVXC]U':/X$\#*-O4UM MT%PE0+Y(>"UM4#R)%P"KF!4X#2W36ZO.\-M:HUI'$Y-TL$'_0^%[J+WP\5K: MH3A:`1RO'T(O\\S0`V3%5!.JF0M)EW0Q$`Q399(FN="+$O2A:"$I=+3!C\S? M5J,:*'6UPY.BNMP3!5E;)>Z9$OR$@4>ET+KV'.`TM.&?WW8S\+SQ-4X+5Z-A MU8&1GZ2NAL.JXR.TE[@:`JL.C4!9=S7D55?8M(UHC9B[[@B0$)@?JH`HZI(; MO"Y&EKX25R+LMI!>3D04TE3"[+;`68A%Z7$B&7A;<"0@)O0XF/6TD* M^BM(YD4M47(K5T$9)26#4(F26[D*VFN)9Z4NP7$K0T'_1!/ATB0?H?\ZI:Z/ ML0J5S"?F:OJ4"=PD\3RNYE.9@$TA%-/5/"N3JTX1J[I4)]&0^1U?3L8R< M$=RX@\,E8QT?8M)HYA(X-PT/;8"3M2YQ<],284B-$X3,E>@UL5(3%"]\JLM)5$^90F4\Y)>`2AN*&`)D?-"7<-"N)O= M4J+DIHE9#Z6ZO,02+3<-SIIHB7*]2IB<-^\HP"27WTTL.?W7F73BW_;MJQS- M_).;)INF.*EK]"6";IIM]&XSW.#J\@+CIE37MS!L9QN7^+@ISO7P4:D34B+F MIJ%>#S&5X.X2,5<%O0YBO-#?$B$=0?Y+AA`"UHNP9%5CQLG\8*ND+^7'U/,R5Z/ M7G!P1TBB3GW>NA>4BTN_*W6QG]2GN2D4.]OG2W%KU'3J"Q_2#2+IT!?ZZ[=) M7:\ANIWR9P6]?KKJ>"F82MT*.NYXC9A(S?G%D M1W/(F@*G=,UQ]2$%@^#)Q)NK%D=#H.W+-E<-CH8`$P@V5XV.S5#CZJN'B_^U M;EO+TLW&(:6:O<[]LKF8%X7Q+WXZEQ?&ST;0L[UQ"]EL8J2"+Q[RYND$CP"_ M0)^EPJ6Q'#M7"=5>-BY"E_L/GS_&8#7V_RN!V;+,++EWB$(/2'R'TC]A`*:4 M![8F4U9^]R`27*!,SF#)V$67^0(@0I==MHJ^`KHDG[PWL:U+V,,.!X3./@5P M^9Q@PD*R;M[8P]5BDZ^HO2WJF4L]IT%<(GJG61]HK3&/")O;J9I+%RT]C]*C M"`7C981C^/?L!64^^;(>5FJWYM[,0M6O05_8O`^T7WH$^HJ$9VW[0/4U#)-8 M:*$5M;9!.3M.[B-")N@:DE6N@4UFTBAF:T@5EPBRQ1*Z(:8 MK`#.PEHOP2S"H%);X>:-?ANJYU/%":_OJ#:;)K+1GE1!IO3-"Z5)`$F7,]I' M4*]6MUI?>UQM;BLUQY:HM=6:X[GHN*2292:L#"EJ;8?R;!GGI%R#9S'5^RWM M4%RLT@S'VJTO:&ZEFC4+WZ?GS909"T+YZ<1O:Z6>-8A+H2&@=KN-G:K;*,K$ M.1/.C)0?/#A-V+)[-;SVD8K!;2WOY-D.?):6BOY+5QA(N+EG>Q40(DQE:],:PPB6&,3W89A3\W/G# M]%/F@V2UU)A]4<1:?4>;?K(Z0VI11*YS_<+U<"@5H)6M3:['0.F`);CRN![R MI`.1Z!!U/;I)!R.I5\;U2"8=H"1.3M=CEW1AVO:FM@M4ZG_B>YU7<.LU`[X7 MSO6HI#80;5Q^KEI_;E?YWZE5*?2*-JO[?TP%`W3V[K9WK5VU?Z?6CU@=<[WJ MOP9(FO;==N\"G`)R8A^`ZX52M;1623"XZ[52E2,-M@]#4=B*ZV78&\+%B4MJ M5G[]F/2&1EBI.+^:%6!W'CJC:3^MBK730^@YN"4$U^=KQJIOLCXL8/-BD8Z"=!>H.() M%8MD+Q;?AM$KN:.7;`PJ`.4)[3\S[X'R!'^*&(D/.'JA4C6X7'\C@)[B&Y?&V(_A2U8O6Q[WV^O64&-GI,E0_Z&7U`[4'UKF\J_5UDJN_ M+GK$UP.@QR&5ASXK(@.N0?9?+?8$0QC($$H%MP>#ZP13\+)Y!`=";7,[91,R M<:R7"EG7:R@`T:@:10AZ?= MKOW@:?=A,V6.]CKV@Y_K!##1M#&IE>^0*?(E'*`?_%7$5X.MQ>_=#\XV1H7\ ME:'Z:AVJ`_2$/^9%*"TG,J5!L7,_^'K`8,7N#;GB7>8#IC1K\JDTF,VR)G7* MQ78K2\4U>#8[CA)=5\="?Z!^\\L+S&W-.W?0'N&0*>8&OKMLH'[SV_Z[JP[: M(QSTW0$-!NHWO^V_N^J@0Q$EX6L]WCHU"B@Z,H3-;=+^%.6N@\+G`$@:FYI: M=+._"-].TAFB%SS2+1`D;+4#J>I6W\_.VU"1#T"P2+:Y9P$UDYFJ:*SO:,"] M1\>D^D>\?O+>Z/7X#I$$LQ5?F..N%AZ:`U)58;+WYI'$?FEN7$L?[`42YB^* M\'64/,>S)"QLR>)/)>YBIRR>'\T1W`Y(J2N/)^EBAX=R:[.\@=3IG5KDTM(] MD^<0SJ7*N,8`MOE3$.G"YD-Y/0VZ.0%^ZD]D[G>QPD.R6H4I15Y84'2'9A%> M>KQ7BG;94>P]%,LS%W+;92QF@UI4;B8_'@ID>5BEZQ7V[*#,#<5UO5+?H:"6 MZXK-:OT=4W[FX:1S32"BZ]4"#P6T5MJQHR4'#X5U-WG*6I4.!UFS_UE44YNU MZB4.0.\#K9L/K55[<0!\'W"Y=<[UDB6'0KFV\K-6H9/^XZN:Z,*K!+,)Y=J` M\Y-;:>C-P-F/HR_Q<3/U7#\6=04<=Q++G.]]$X'`.[E?KE>DLTYY-^\G[;4K\-/_I=@\J67'!B$(QG.^PJP1_,21+R5^KEYOS*]`S9#*$F(W MW:;FEVA=\%F)J*LN4O.+5A"174+II@O4#)`MRZB4(+OI^S2T6H491R5^KKHI MS2#8-J.VQ+G)O:C_+XXTS[3EK5-)YE6SIW\<6+!MH90FZKG_6)`A5!428-H] M+G2T1U(+)*5IB:X_0V0>3J5<2-??*#(#:]N""NU>,SK:8U\S0D/X.MM)&9YT MH\H["9]Q_3U4,]CK&*_;O:!Z*HBVK6#2[N75_@M:E62_9GAR5NHG-U4"0QA* M58@R+LQ-IY,A#*76EQ)#-\]_70SU"JV7Z#4YP=V3A(KE]TO8&AS3J_1;4,IP M?(+@_751A:_!^9O!=X-Z;D+2!4\YN;T$STU/D6:6?Q&W*8_3+D'KVO-CY_VF M:TC\,&))9>Q5:<(LC94/%P0PH[&"H][33-P*.N/Y'*?67'J-\7P*2NJ&3Q^J M(W>(>>,\M,Z42!`\IJ3?T_.;N9.6RP2)"N@8&=9`@:#B^>D_Z`69/<@WG@/D MKSD$"QH:)"$5)I3Y/Q?07PA8+A"1$*@UC(TZ&)/*FX?TZD:B$`9%48?JBMZX M)KUP(V?KRIF8&=O`1Q4!C](`B\MUOL(YWU&U9X=$YJNC"95[73LD\Q4UHW&[ MG\UCT.A6*`Y)]:_J>M&43N!M)JY=KYS2"=1F=`_7*ZD<5(CLR-QF]5,&;-5T M@U8E4X[B9?M.)?2N3G^XJBBV[X>/R7+I82HN'^$F6QXZHL<'I:YJC^Z3=!8X/&E&IH4Z&D%PKC*R+%II/8451',$#T)(E) M[*&`RK-OJ2N15:@K4EUXU=P5.W5IQZCFB^A8,;;ZG;JAI?2^:^.XT],`D4_@ MS2.5.4I]C'NX29L;(.<;E60X]B"B0N(AK_'UQ7N#RV19'J(QFI)IUK5;E=K5Y;_54)/?CUN5HSV!##BUZ[1 MJB3K&DKUEX-F!6!=PTG+N.-\+5)$/6?^>;[FJH#,L7%9]KP4\0Y5%(0 M>F/T7\^K*R30*`RS_ZEP&NX6;>$U&+ZK"TL@%`=3]]9; M97J2:3![;YF1)'>"P<2ML,S$1WT[Z[U^`N!LNF'%<&Z"5_3]E;(LUX MRSJ;B&A?K""$5R2\!R^09*H>^0+8Q8L7Q2YI;9*8+]!;PGHJJLU,3C^%_H)R M%OR1WD<5X.!WL*GMJZDCFW!&+O"N&R<:8B18':Y'XC5$BR=77+=(--0RMRJ, M*1X?)91NAI^94)6VS#\UJ_C4\=Q7N_BOS7#5;]=J!IW&S=KW*3#L@%:^V MK?R<1Y$5U0Q&9?.AZS[0YO"U3]1STS&J=^G5T7?DYWR!Z\>3/;8;`UM=Y!L8 M#X"C;9=-9>MVYZ0IYYC,>"F#O'(&"IT,V#K&9`70[SAZ`4+KQEX3&V8TCJ3- MQ:G.C8LY&367%6W:"8KK2'!/L+CX`'3!6#_7(\;4;J M"?P\6BO>W/PM3=7/HS1:3SBOLZ]+NPQ.XE:?@8KR9XB\C53*J)Z"D&GD*FM. M88">\%?G2Y5VZ0D/CS%856#>7E%WFX-E2J]1'M,MF%[U>_W99&(&.R7"GBE- M]!,EC(RTAOTC5=N\8(*^>Q@R371*U^&Y@'WE[O9Y*Q[#D-;QD7:QS\,U(#Z& MJTR?K`*<(J_$4\T0_0CD.'2X#?=0NX5400=47V=/(<4>FD.*5)KW7)P[=^@A M]'R0%@@AU?6;9R2"XC7!%5G'H5NQH8]W<1VC^ M!/"2+?!22[@$'H/N%KZE2*=2EZUOP3K2',3`IRCSP.FWI3#>O*VH5IGN1_J[ MI8JN/MP12]7RPC'^3L6')(4 M.ADE;3+[0H>>T\/[GHIUGJ8J;FO37:GLM=G$(^RYH]H]^]U_CZXV1&(=H(3* MS:@";:C$EZL2*C>#=&LYA=CWW4 M`5%J17.]CHLJ4$V@$3E-Z;$[[2J$3J51B-MP> M6D5DET"Z?:&0Y>OPDXE5X[E<=R$VK(HD=4V[>;\R6I'L8JA(IE&1[,)-#:Z+ MBF07;JIK>E!)XK@W0'UR4YXWC5BNBZPYM3(ES=$S4PG&686CHP5:T9\/607& M-H:N%17L?56=<\?+ZE`<,8G0'0J@ASQQ;1UNNYY4!AD*[`P%=HZQS,Q0H^54 M:K2X5Z6C&C#X&+,54OO2BL8`!@3:-0S#"#VP*!6E/%1Y^Z$DPDF71#BE[&(N M_'\N8$SUZ.<_(JK%JVRGF@Y]<"*H)_OQE637'^#3QJE&Y)Y@L*43 M;J&!W+;U^@13+32P4J^%.-P)E$KB-K@*'-79.43Q]2P.;8CB&Z+XS$?Q?7(F MBF\(G!L"YX;`NIK%01<,*F?;!C*(=HB!D^ M0=N8'"KQX7>"K[L-T2Q#-$M?0!RB68;R+4/YEAXXWYI%_@RQ+#J1/R<3+ZN! MUE"^92C?FAW28F MW/4`__`"Z#&S`=4?H1<6<7!",FJ[],0!/T1S6'+N5H*2Y.YU06/[3FD)V)R& M]NEUN8+.4'WFL$$07?"W=U62,E.VMD_Y_K.L4M(KS4V\\K,U]@,&*V^=_[2$ MR9(;]J/>SSZX,D\XKV4/*`9XJ48P:VB'WGW]]&N$_`2SF]%^I*5Z/R,+NCI) MZJVBTU35Z\P,DAOLN$M;;P0;GT#M>><=_&LZF8@@\Q""X(LGUNQW6Q@)6YM1 M1A#70RDI_U7;R4Q$7;:$QG.J[:=I9F*"!$V-D/$"TE>%;J,$/]&&H#RZBXL5 MDRT2XK0&,$$RG2B;D4[]E9[6E0F%5-;V,4H8_>$&SA>Q%F7"3B9)>P0O`.F0 MQ>]@DJ3=15-+$K^#49)>H_1G':($74R014^<@$E&7TS&;A/G"A6:.1SO0SJ.4/7OHQV1&=1,0L#O8_=WE9,I= M*WI]+7$U9^HK.S/*S70)/.:FNH5OJ5=K<]L4LZV$")C/V;F-%\8:`FUE0U\5$`54$]*X/-1U,D$06/R*R4*KI M*FIJ8TE.X@7`5=$L6'C[[0R`]A"NZ5$=*Z$F;FLI6<4'(""W.%I."V,:U44D M"$J[&`!S2B5`]$,I:4/8U&Z>S+[!@T$D,H-(#H160UK!`/@)BP:HWX>\E@86 M#T\Z4F$]60',7`>7:_K+E8=XR?S*74V0N5A!"*](>`]>(`L86D:(")>YK+5) M8KY`;PGKJ:@V,SG]%/H+REGP!V"6"@4X^!V,5MFFU\H'JM?[7,GYL-?,-JU2G9_3T,#G_A/# MF!Z0L\GL&_*RS;;K0^%\?8@E54YGK(]VV@2/7IQ,BD9-]?>]N+0-1)_< MC!#5ADBLBY=0G4S&8DUU?.'%N83J9,JM#OG$0K3D883BK*@320$01RN*H:E& M()P6/O>RY";N9=SU3',%?%3+HSJ:6ZZQ@G3]9:ZGFFLO+K'YP/5D+"T@XR=#W17!$W_2+_;FKJ6INR4>5U1_/*&P-WR@\C-`8M"T5W/5U< M47:I>[1<+_&F")B20=CU&F_*"H52&H[KSZQJ2"IYP(3K+ZQJ`,4)R'']1=7& M!YYBQ2-'7U?5,4C4AEB78)VL"J\6\%@"=?(JNU9%C1*W4]#:]Y/[-J6@]A)' M2@?S*1Q^$F1VLQ%+8$Y\R0C3$DL7Z2EH!D/MJJ8`\1-;"G1.Q.DG1(?G.RVP MN3AQ;-I%9QO;ZY`->4)2DETX"2O-1-B=1I[+>Z]22J*5/*)3<]=XHX:1:B*E%S MTV"GN;H$=9TV*/TT2"MIQ;`2*#?5\S8E4)3NT+RR(JYK%`UJK)3BKKXR87F` MNGDPM(!/(;.Y1,]-YVDK].3IU^79ZJ:7L`5T=>6`2NC<7'4F*JA4SY.ZV[WK M1XBHBH#(HG^*N.SO1,T2B.51T+6)S/:+.-EVZLT[.#DY\G,/#H$E^G-!9/V8U?`*8'.8O[HG>Z]!,(6%/N;IVW;"$5)*JPL]/#.@=I M2&-!#@,W.]]56!%UM>^!D)4!J)4?KJ=TUT.D+)ADYPA;P'ITW;^Q' MD8:CV-G$:Y'99OOBX1\@SO,7LJB$;$^^>G1!!4_1S7(51FM`Q1<*KNFB\^GP M)&TJJ.]I:&`;"E!*6TTA]^TV5MYGVNR$#*UB<4Q!FEJ1YD^DR^>9+9^'/'6N M[B'%=H-:>20I7T"/`+]`'_!WS-H>/6LVSN$9@,@,`_DX-E;*#J72)USX;>U65>?+M3'& M'IJGR43D%!Q7ZV1[9VT/T6T.<#F,<*[5)'<'Q-L(S`&-Z[3X@CM5)W<-Q MC`(KJU-,PG%AG+`[2*ZFD]*W8QQ(T3Q'I5].BJ./O05!V/UD6VD3.NF[F_"H M5AM7!?L=1\3XQI7,=%2(9?OECJI=K"IT-RHS=PXC3U`U).@[O7K2>T^=E