The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Connor Serge Siversky - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: So we've got Agemo down. But for the other 2 disclosed tenants, Guardian, Gulf Coast, that are not current on cash obligations, can you walk
through how much revenue was booked in Q3 for each of the operators? And then in what composition, whether that was cash, security deposits,
letters of credit or so forth?
Question: Connor Serge Siversky - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: You did. That was very helpful. Then I know you just mentioned Guardian, but for Agemo and Gulf Coast, is there any -- can you give us any sense
of what kind of capacity is left in these backstops to continue booking revenue, assuming they're not paying cash in Q4 to Q1?
Question: Connor Serge Siversky - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: And no more security deposits? Okay. Okay. And then for Agemo, you mentioned some conversations to get that lease back into compliance. I
mean what would that take necessarily? Is that downsizing the portfolio? And maybe shoring up Agemo's operations that way or providing working
capital loan? Just any color there, appreciated.
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