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      "text": "Unfortunately for investors, the SEC does not appear (at least not yet) to have pieced together how misleading the company's AFFO figures are, since the AFFO numbers are engineered to exclude their most important costs.",
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      "text": "The Compensation Committee, with the assistance of Ferguson Partners, determined that \"adjusted funds from operations,\" or \"AFFO\" would be the most appropriate metric to gauge management's effective operation of the Company's business as a REIT. As a result, for 2023, the Annual Incentive Plan allocation to the Company's AFFO per diluted share was 50%. — CTO 10-K",
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