-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M9iyQfawlbW1f7riXWcgElSw5/s9bCtFo/aI7WXLpes++Qf3r4uzVPj+EsWaKyuq 6ZMP1Osjw5wRHOWu6lfOFQ== /in/edgar/work/0000950144-00-014079/0000950144-00-014079.txt : 20001116 0000950144-00-014079.hdr.sgml : 20001116 ACCESSION NUMBER: 0000950144-00-014079 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001114 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KOGER EQUITY INC CENTRAL INDEX KEY: 0000835664 STANDARD INDUSTRIAL CLASSIFICATION: [6798 ] IRS NUMBER: 592898045 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09997 FILM NUMBER: 770704 BUSINESS ADDRESS: STREET 1: 8880 FREEDOM CROSSING TRAIL CITY: JACKSONVILLE STATE: FL ZIP: 32256 BUSINESS PHONE: 9047321000 MAIL ADDRESS: STREET 1: 8880 FREEDOM CROSSING TRAIL CITY: JACKSONVILLE STATE: FL ZIP: 32256 8-K 1 g65542e8-k.txt KOGER EQUITY, INC. 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): NOVEMBER 14, 2000 ----------------- KOGER EQUITY, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) FLORIDA - -------------------------------------------------------------------------------- State or Other Jurisdiction of Incorporation) 1-9997 59-2898045 - -------------------------------------------------------------------------------- (Commission File Number) (IRS Employer Identification No.) 8880 FREEDOM CROSSING TRAIL JACKSONVILLE, FLORIDA 32256 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (904) 732-1000 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) NA - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Reports) 2 ITEM 5. OTHER EVENTS. Koger Equity, Inc. announced today that several tenants occupying Company properties in Tallahassee, Florida, Greensboro, North Carolina, and Birmingham, Alabama, have terminated their leases prior to their scheduled expirations. The prospective impact to the Company's funds from operations will be approximately $0.02 per diluted share/unit for the quarter ended December 31, 2000. For further information concerning this matter, see the Company's news release, dated November 14, 2000, which is Exhibit 99 to this Report and is incorporated herein by reference. For more information on Koger Equity, Inc., contact the company at 904-732-1000 or visit its Web site at www.koger.com. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (C) EXHIBITS
EXHIBIT NUMBER DESCRIPTION OF EXHIBIT ------ ---------------------- 99 Koger Equity, Inc. News Release, dated November 14, 2000.
2 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. KOGER EQUITY, INC. Dated: November 14, 2000 By: /s/ Robert E. Onisko --------------------------------- Robert E. Onisko Title: Chief Financial Officer 3 4 EXHIBIT INDEX The following designated exhibit is filed herewith:
EXHIBIT NUMBER DESCRIPTION OF EXHIBIT ------- ---------------------- 99 Koger Equity, Inc. News Release, dated November 14, 2000.
4 EX-99 2 g65542ex99.txt KOGER EQUITY, INC. PRESS RELEASE 1 EXHIBIT 99 KOGER EQUITY, INC. 8880 Freedom Crossing Trail [KOGER LOGO] Jacksonville, Florida 32256 (904) 732-1000 N E W S (BW)(FL-KOGER-EQUITY)(KE) KOGER EQUITY ANNOUNCES EARLY TENANT LEASE TERMINATIONS Business Editors/Real Estate Writers JACKSONVILLE, Fla.--(BUSINESS WIRE)--Nov. 14, 2000--Koger Equity, Inc. (NYSE:KE) today announced that several tenants have terminated their leases prior to their scheduled termination date. These tenants were in the Company's properties located in Tallahassee, Florida, Greensboro, North Carolina, and Birmingham, Alabama. The prospective impact to the Company's Funds From Operations will be approximately $0.02 per diluted share/unit for the quarter ended December 31, 2000. The tenants in Tallahassee, Florida, aggregate approximately 74,000 unseable square feet, include the State of Florida's Department of Labor and Department of Transportation. The tenant in Birmingham, Alabama, is Eastwyn Theatres, which occupied 30,000 useable square feet. The tenant in Greensboro, North Carolina, is Nova Tech Science, which previously occupied 64,000 useable square feet and has downsized to 7,000 useable square feet. Koger Equity specializes in developing, owning and operating state-of- the-art suburban office parks under the "Koger Center" brand name. The Company owns 20 suburban office parks and four office buildings. For more information on Koger Equity (NYSE:KE), contact the Company at 904 732-1000, or visit its Web site at www.koger.com. The foregoing message contains forward-looking statements. The actual results of operations could differ materially from those projected because of factors affecting the financial markets, reactions of the Company's existing and prospective investors, the ability of the Company to implement the management reorganization, acceptance of the management reorganization by the Company's employees, contractors, tenants and others, the ability of the Company to identify and execute development projects and acquisition opportunities, the ability of the Company to renew and enter into new leases on favorable terms, and other risk factors. See "Management's Discussion and Analysis of Financial Condition and Results of Operations--Cautionary Statement Relevant to Forward-Looking Information for Purpose of the 'Safe Harbor' Provisions of the Private Securities Litigation Reform Act of 1995" in the Company's Annual Report on Form 10-K/A for the Fiscal Year Ended December 31, 1999. -----END PRIVACY-ENHANCED MESSAGE-----