Today's Biggest Decliners
REITs down the most in the latest session.
157 REITs · click any column header to re-sort
| Ticker | Name | Sector | Price | Chg | Mkt cap | Yield | P/OCF | Payout (OCF) |
|---|---|---|---|---|---|---|---|---|
OPI Listed
|
Office Properties Income Trust | Office | $0.20 | -16.98% | $14.79M | 20.00% | -2.34 | -46.79% |
WHLR Listed
|
Wheeler Real Estate Investment Trust, Inc. | Retail | $0.33 | -9.79% | $343.02K | — | 0.00 | — |
LPA Listed
|
Logistic Properties of the Americas | Industrial | $3.14 | -6.55% | $99.28M | — | 35.95 | — |
HPP Listed
|
Hudson Pacific Properties, Inc. | Office | $14.75 | -6.17% | $800.07M | 1.36% | 5.45 | 7.39% |
MKZR Listed
|
MacKenzie Realty Capital, Inc. | Diversified | $1.59 | -4.79% | $3.59M | 12.58% | -1.38 | -17.34% |
PEB Listed
|
Pebblebrook Hotel Trust | Lodging & Resorts | $18.59 | -4.22% | $2.11B | 0.22% | 8.71 | 1.87% |
SAFE Listed
|
Safehold Inc. | Diversified | $16.39 | -4.15% | $1.17B | 4.32% | 24.61 | 106.30% |
FSP Listed
|
Franklin Street Properties Corp. | Office | $0.47 | -4.10% | $49.22M | 8.43% | 13.11 | 110.46% |
CMCT Listed
|
Creative Media & Community Trust Corporation | Office | $3.55 | -3.79% | $9.37M | 9.58% | 0.56 | 5.40% |
PINE Listed
|
Alpine Income Property Trust, Inc. | Industrial | $21.05 | -3.22% | $347.85M | 5.70% | 12.71 | 72.47% |
COLD Listed
|
Americold Realty Trust, Inc. | Industrial | $14.15 | -3.21% | $4.04B | 6.50% | 11.24 | 73.10% |
LINE Listed
|
Lineage, Inc. | Industrial | $43.22 | -3.07% | $9.84B | 4.93% | 10.45 | 51.50% |
DEI Listed
|
Douglas Emmett, Inc. | Office | $12.13 | -3.04% | $2.03B | 6.27% | 5.25 | 32.90% |
SRG Listed
|
Seritage Growth Properties | Retail | $2.56 | -3.03% | $144.19M | — | -4.13 | — |
ESRT Listed
|
Empire State Realty Trust, Inc. | Diversified | $5.60 | -2.95% | $960.18M | 2.50% | 6.07 | 15.18% |
BRSP Listed
|
BrightSpire Capital, Inc. | Diversified | $5.33 | -2.91% | $694.38M | 12.01% | 9.26 | 111.20% |
BXP Listed
|
BXP, Inc. | Office | $67.90 | -2.79% | $10.83B | 4.12% | 8.66 | 35.73% |
SUNS Listed
|
Sunrise Realty Trust, Inc. | Residential | $8.07 | -2.77% | $109.09M | 14.87% | -30.05 | -446.84% |
RYN Listed
|
Rayonier Inc. | Timberland | $21.26 | -2.48% | $6.39B | 4.89% | 13.14 | 64.30% |
FRT Listed
|
Federal Realty Investment Trust | Retail | $120.41 | -2.45% | $10.40B | 3.75% | 16.61 | 62.35% |
NSA Listed
|
National Storage Affiliates Trust | Self-Storage | $43.63 | -2.37% | $3.37B | 5.23% | 9.88 | 51.62% |
JBGS Listed
|
JBG SMITH Properties | Industrial | $14.54 | -2.28% | $860.50M | 4.81% | 13.37 | 64.37% |
XRN Listed
|
Chiron Real Estate Inc. | Health Care | $37.04 | -2.27% | $490.22M | 5.18% | 6.73 | 34.90% |
AIV Listed
|
Apartment Investment and Management Company | Residential | $2.67 | -2.20% | $384.10M | — | 46.54 | — |
ESS Listed
|
Essex Property Trust, Inc. | Residential | $274.40 | -2.20% | $17.63B | 3.78% | 16.46 | 62.15% |
NTST Listed
|
NETSTREIT Corp. | Retail | $21.78 | -2.16% | $2.12B | 4.04% | 16.75 | 67.67% |
STRW Listed
|
Strawberry Fields REIT, Inc. | Health Care | $13.85 | -2.12% | $185.96M | 4.91% | 1.95 | 9.59% |
MRP Listed
|
Millrose Properties, Inc. | Residential | $28.81 | -2.07% | $4.44B | 10.69% | 1.30 | 13.92% |
SBAC Listed
|
SBA Communications Corporation | Infrastructure | $181.97 | -2.00% | $19.30B | 2.75% | 15.15 | 41.64% |
NXRT Listed
|
NexPoint Residential Trust, Inc. | Residential | $26.06 | -1.99% | $664.31M | 8.14% | 7.92 | 64.39% |
CLDT Listed
|
Chatham Lodging Trust | Lodging & Resorts | $12.97 | -1.97% | $605.46M | 3.08% | 10.12 | 31.21% |
GIPR Listed
|
Generation Income Properties, Inc. | Diversified | $1.10 | -1.79% | $7.21M | — | 0.61 | — |
AMT Listed
|
American Tower Corporation | Infrastructure | $167.06 | -1.76% | $77.83B | 4.29% | 14.34 | 61.48% |
FVR Listed
|
FrontView REIT, Inc. | Diversified | $21.54 | -1.73% | $487.92M | 3.99% | 14.23 | 56.83% |
OUT Listed
|
Outfront Media Inc. | Specialty | $32.66 | -1.66% | $5.75B | 3.67% | 17.97 | 66.01% |
SMA Listed
|
Smartstop Self Storage REIT Inc | Self-Storage | $33.75 | -1.57% | $1.87B | 4.83% | 18.79 | 90.78% |
SITC Listed
|
SITE Centers Corp. | Retail | $4.41 | -1.56% | $231.41M | — | 11.79 | — |
PLD Listed
|
Prologis, Inc. | Industrial | $147.51 | -1.52% | $137.53B | 2.90% | 28.22 | 81.87% |
KRC Listed
|
Kilroy Realty Corporation | Office | $39.64 | -1.52% | $4.61B | 5.45% | 8.33 | 45.39% |
CHCT Listed
|
Community Healthcare Trust Incorporated | Health Care | $17.44 | -1.47% | $498.29M | 11.01% | 8.30 | 91.38% |
REXR Listed
|
Rexford Industrial Realty, Inc. | Industrial | $36.91 | -1.47% | $8.33B | 4.71% | 15.83 | 74.64% |
DEA Listed
|
Easterly Government Properties, Inc. | Office | $25.19 | -1.45% | $1.17B | 7.15% | 4.38 | 31.29% |
CXW Listed
|
CoreCivic, Inc. | Specialty | $31.43 | -1.44% | $3.11B | 5.60% | 17.41 | 97.47% |
SLG Listed
|
SL Green Realty Corp. | Office | $50.80 | -1.44% | $3.61B | 6.08% | 46.88 | 285.17% |
PDM Listed
|
Piedmont Office Realty Trust, Inc. | Office | $9.66 | -1.43% | $1.21B | 5.18% | 8.55 | 44.26% |
MDV Listed
|
Modiv Inc. | Industrial | $18.20 | -1.41% | $187.89M | 6.59% | 14.20 | 93.62% |
NNN Listed
|
NNN REIT, Inc. | Retail | $48.92 | -1.35% | $9.29B | 5.07% | 13.78 | 69.88% |
RLJ Listed
|
RLJ Lodging Trust | Lodging & Resorts | $11.69 | -1.35% | $1.78B | 5.13% | 7.18 | 36.83% |
ELME Listed
|
Elme Communities | Office | $1.50 | -1.32% | $133.29M | — | 2.12 | — |
SQFT Listed
|
Presidio Property Trust, Inc. | Diversified | $2.29 | -1.29% | $3.29M | 4.02% | 6.69 | 26.88% |
MAC Listed
|
The Macerich Company | Retail | $25.59 | -1.27% | $6.69B | 2.66% | 20.42 | 54.26% |
TRNO Listed
|
Terreno Realty Corporation | Industrial | $74.11 | -1.27% | $7.88B | 2.81% | 28.00 | 78.59% |
OHI Listed
|
Omega Healthcare Investors, Inc. | Health Care | $49.58 | -1.25% | $14.77B | 5.41% | 17.53 | 94.78% |
CCI Listed
|
Crown Castle Inc. | Infrastructure | $78.18 | -1.25% | $34.12B | 5.44% | 11.18 | 60.75% |
PSTL Listed
|
Postal Realty Trust, Inc. | Diversified | $23.76 | -1.21% | $656.34M | 4.12% | 13.00 | 53.62% |
NHP Listed
|
National Healthcare Properties, Inc. (NHP) | Health Care | $15.67 | -1.20% | $445.22M | 1.91% | 63.83 | 122.19% |
CURB Listed
|
Curbline Properties Corp. | Retail | $31.28 | -1.14% | $3.30B | 2.17% | 26.43 | 57.47% |
AMH Listed
|
American Homes 4 Rent | Residential | $33.70 | -1.09% | $12.10B | 3.92% | 14.46 | 56.64% |
GNL Listed
|
Global Net Lease, Inc. | Diversified | $9.16 | -1.08% | $1.94B | 8.30% | 9.18 | 76.16% |
HIW Listed
|
Highwoods Properties, Inc. | Office | $32.97 | -1.05% | $3.64B | 6.07% | 9.92 | 60.21% |
BHM Listed
|
Bluerock Homes Trust, Inc. | Residential | $8.51 | -1.05% | $34.97M | 5.88% | 1.19 | 7.00% |
SUI Listed
|
Sun Communities, Inc. | Residential | $120.20 | -1.04% | $14.81B | 3.73% | 17.37 | 64.75% |
CTRE Listed
|
CareTrust REIT, Inc. | Health Care | $42.45 | -1.00% | $10.03B | 3.67% | 21.99 | 80.80% |
AAT Listed
|
American Assets Trust, Inc. | Diversified | $25.26 | -0.98% | $1.55B | 5.38% | 11.60 | 62.45% |
DOC Listed
|
Healthpeak Properties, Inc. | Health Care | $22.29 | -0.98% | $15.37B | 5.47% | 12.39 | 67.83% |
FR Listed
|
First Industrial Realty Trust, Inc. | Industrial | $68.20 | -0.96% | $9.04B | 2.93% | 19.59 | 57.44% |
GLPI Listed
|
Gaming and Leisure Properties, Inc. | Gaming | $44.66 | -0.93% | $12.65B | 7.34% | 11.07 | 81.29% |
BFS Listed
|
Saul Centers, Inc. | Retail | $36.31 | -0.93% | $890.89M | 6.50% | 8.81 | 57.27% |
WPC Listed
|
W. P. Carey Inc. | Diversified | $75.17 | -0.91% | $16.74B | 5.00% | 12.96 | 64.83% |
AHR Listed
|
American Healthcare REIT, Inc. | Health Care | $56.66 | -0.87% | $10.92B | 1.76% | 32.11 | 56.67% |
FPI Listed
|
Farmland Partners Inc. | Specialty | $9.63 | -0.82% | $420.03M | 3.74% | 28.32 | 105.89% |
O Listed
|
Realty Income Corporation | Retail | $65.18 | -0.81% | $60.78B | 4.99% | 14.76 | 73.66% |
PSA Listed
|
Public Storage | Self-Storage | $315.53 | -0.79% | $55.39B | 3.80% | 17.42 | 66.24% |
UE Listed
|
Urban Edge Properties | Diversified | $23.52 | -0.76% | $2.96B | 3.57% | 16.21 | 57.88% |
ELS Listed
|
Equity LifeStyle Properties, Inc. | Residential | $65.26 | -0.75% | $12.66B | 3.33% | 22.87 | 76.03% |
CUBE Listed
|
CubeSmart | Self-Storage | $41.58 | -0.74% | $9.41B | 5.10% | 15.58 | 79.42% |
IRT Listed
|
Independence Realty Trust, Inc. | Residential | $16.50 | -0.72% | $3.89B | 4.36% | 13.73 | 59.90% |
LAMR Listed
|
Lamar Advertising Company | Specialty | $161.16 | -0.71% | $16.35B | 3.97% | 18.96 | 75.28% |
OLP Listed
|
One Liberty Properties, Inc. | Diversified | $25.06 | -0.71% | $546.80M | 7.18% | 13.97 | 100.32% |
AFCG Listed
|
Advanced Flower Capital Inc. | Diversified | $2.85 | -0.70% | $67.06M | 7.02% | 5.65 | 39.67% |
CLPR Listed
|
Clipper Realty Inc. | Residential | $2.87 | -0.69% | $46.37M | 13.24% | 5.40 | 71.49% |
ADC Listed
|
Agree Realty Corporation | Retail | $80.57 | -0.68% | $9.68B | 3.98% | 17.77 | 70.67% |
CUZ Listed
|
Cousins Properties Incorporated | Office | $31.55 | -0.66% | $5.19B | 4.06% | 13.23 | 53.68% |
REG Listed
|
Regency Centers Corporation | Retail | $82.14 | -0.65% | $15.04B | 3.68% | 18.08 | 66.49% |
DHC Listed
|
Diversified Healthcare Trust | Health Care | $9.24 | -0.65% | $2.24B | 0.43% | -113.17 | -48.99% |
LAND Listed
|
Gladstone Land Corporation | Specialty | $8.70 | -0.63% | $375.29M | 6.44% | 45.42 | 292.55% |
JAN Listed
|
Janus Living, Inc. | Industrial | $30.16 | -0.63% | $6.40B | 1.89% | 39.88 | 75.38% |
CDP Listed
|
COPT Defense Properties | Office | $37.36 | -0.61% | $4.24B | 3.43% | 12.64 | 43.30% |
EXR Listed
|
Extra Space Storage Inc. | Self-Storage | $147.28 | -0.59% | $31.11B | 4.40% | 16.86 | 74.20% |
SVC Listed
|
Service Properties Trust | Lodging & Resorts | $1.68 | -0.59% | $1.09B | 2.38% | 2.37 | 5.63% |
SELF Listed
|
Global Self Storage, Inc. | Self-Storage | $5.09 | -0.59% | $58.14M | 5.70% | 12.77 | 72.77% |
UMH Listed
|
UMH Properties, Inc. | Residential | $15.60 | -0.57% | $1.33B | 5.77% | 16.26 | 93.81% |
SBRA Listed
|
Sabra Health Care REIT, Inc. | Health Care | $20.00 | -0.55% | $5.04B | 6.00% | 14.03 | 84.16% |
PECO Listed
|
Phillips Edison & Co. | Retail | $43.77 | -0.55% | $5.52B | 2.97% | 17.46 | 51.85% |
GOOD Listed
|
Gladstone Commercial Corporation | Diversified | $13.03 | -0.53% | $630.74M | 9.21% | 6.98 | 64.28% |
IVT Listed
|
InvenTrust Properties Corp. | Retail | $36.56 | -0.46% | $2.85B | 2.74% | 18.43 | 50.41% |
EGP Listed
|
EastGroup Properties, Inc. | Industrial | $221.20 | -0.45% | $11.89B | 2.80% | 24.56 | 68.85% |
NHI Listed
|
National Health Investors, Inc. | Health Care | $79.26 | -0.44% | $3.84B | 4.64% | 15.52 | 72.08% |
BRX Listed
|
Brixmor Property Group Inc. | Retail | $32.43 | -0.43% | $9.95B | 3.79% | 15.31 | 58.08% |
AHRT Listed
|
AH Realty Trust, Inc. | Health Care | $7.02 | -0.43% | $533.21M | 7.98% | 8.95 | 71.41% |
GTY Listed
|
Getty Realty Corp. | Retail | $36.11 | -0.39% | $2.18B | 5.37% | 16.00 | 85.94% |
SKT Listed
|
Tanger Inc. | Retail | $41.63 | -0.36% | $4.78B | 3.00% | 16.15 | 48.49% |
AVB Listed
|
AvalonBay Communities, Inc. | Residential | $191.84 | -0.36% | $26.69B | 3.71% | 16.23 | 60.23% |
BNL Listed
|
Broadstone Net Lease, Inc. | Diversified | $22.72 | -0.35% | $4.36B | 5.15% | 14.99 | 77.18% |
KIM Listed
|
Kimco Realty Corporation | Retail | $26.03 | -0.34% | $17.55B | 4.00% | 15.67 | 62.60% |
ARE Listed
|
Alexandria Real Estate Equities, Inc. | Office | $50.05 | -0.34% | $8.72B | 5.75% | 6.03 | 34.70% |
HR Listed
|
Healthcare Realty Trust Incorporated | Health Care | $21.25 | -0.33% | $7.36B | 4.52% | 16.26 | 73.47% |
EQR Listed
|
Equity Residential | Residential | $68.80 | -0.29% | $25.78B | 4.08% | 16.22 | 66.25% |
PK Listed
|
Park Hotels & Resorts Inc. | Lodging & Resorts | $14.84 | -0.27% | $2.99B | 6.74% | 7.42 | 50.00% |
EQIX Listed
|
Equinix, Inc. | Data Centers | $1,017.31 | -0.26% | $100.33B | 2.03% | 25.52 | 51.78% |
KRG Listed
|
Kite Realty Group Trust | Retail | $28.31 | -0.25% | $5.75B | 4.10% | 14.13 | 57.90% |
NYC Listed
|
American Strategic Investment Co. | Office | $8.39 | -0.24% | $24.50M | — | -2.76 | — |
SPG Listed
|
Simon Property Group, Inc. | Retail | $228.19 | -0.22% | $74.00B | 3.94% | 16.61 | 65.53% |
IIPR Listed
|
Innovative Industrial Properties, Inc. | Industrial | $64.35 | -0.19% | $1.85B | 11.81% | 9.21 | 108.82% |
VICI Listed
|
VICI Properties Inc. | Gaming | $26.83 | -0.15% | $28.68B | 6.71% | 11.36 | 76.21% |
INVH Listed
|
Invitation Homes Inc. | Residential | $30.08 | -0.13% | $17.87B | 3.99% | 15.29 | 61.00% |
CPT Listed
|
Camden Property Trust | Residential | $112.86 | -0.10% | $11.34B | 3.76% | 14.80 | 55.62% |
EPR Listed
|
EPR Properties | Specialty | $62.17 | -0.06% | $4.76B | 5.98% | 11.30 | 67.60% |
UDR Listed
|
UDR, Inc. | Residential | $39.74 | -0.05% | $12.91B | 1.46% | 14.57 | 21.27% |
ALX Listed
|
Alexander's, Inc. | Retail | $281.51 | -0.04% | $1.44B | 6.39% | 19.68 | 125.85% |
AHT Listed
|
Ashford Hospitality Trust, Inc. | Lodging & Resorts | $3.25 | +0.00% | $21.05M | 7.38% | -1.24 | -9.15% |
MDRR Listed
|
Medalist Diversified REIT, Inc. | Diversified | $11.61 | +0.00% | $18.90M | 2.33% | 9.54 | 22.20% |
MPT Listed
|
Medical Properties Trust, Inc. | Health Care | $4.75 | +0.00% | $2.84B | 7.58% | 12.37 | 93.74% |
SILA Listed
|
Sila Realty Trust, Inc. | Health Care | $30.36 | +0.00% | $1.68B | 5.27% | 14.15 | 74.55% |
EPRT Listed
|
Essential Properties Realty Trust, Inc. | Diversified | $33.35 | +0.06% | $7.21B | 3.84% | 17.64 | 67.72% |
WSR Listed
|
Whitestone REIT | Retail | $18.97 | +0.08% | $974.94M | 2.85% | 19.38 | 55.16% |
CSR Listed
|
Centerspace | Residential | $55.87 | +0.09% | $938.79M | 5.51% | 9.52 | 52.48% |
VTR Listed
|
Ventas, Inc. | Health Care | $96.24 | +0.15% | $46.79B | 2.16% | 26.49 | 57.26% |
PW Listed
|
Power REIT | Specialty | $9.65 | +0.31% | $35.44M | 4.15% | -4.82 | -19.99% |
IRM Listed
|
Iron Mountain Incorporated | Specialty | $124.23 | +0.33% | $36.96B | 2.78% | 27.61 | 76.81% |
STAG Listed
|
STAG Industrial, Inc. | Industrial | $41.82 | +0.34% | $8.00B | 3.56% | 16.98 | 60.51% |
APLE Listed
|
Apple Hospitality REIT, Inc. | Lodging & Resorts | $16.90 | +0.36% | $3.99B | 5.68% | 10.85 | 61.66% |
LTC Listed
|
LTC Properties, Inc. | Health Care | $41.92 | +0.41% | $2.15B | 5.44% | 14.35 | 78.07% |
XHR Listed
|
Xenia Hotels & Resorts, Inc. | Lodging & Resorts | $21.10 | +0.48% | $1.95B | 2.65% | 11.61 | 30.83% |
HST Listed
|
Host Hotels & Resorts, Inc. | Lodging & Resorts | $24.06 | +0.50% | $16.48B | 3.33% | 11.12 | 36.96% |
CBL Listed
|
CBL & Associates Properties, Inc. | Retail | $55.55 | +0.51% | $1.72B | 4.50% | 6.86 | 30.88% |
SHO Listed
|
Sunstone Hotel Investors, Inc. | Lodging & Resorts | $11.79 | +0.51% | $2.20B | 3.05% | 12.60 | 38.49% |
MAA Listed
|
Mid-America Apartment Communities, Inc. | Residential | $133.71 | +0.56% | $15.56B | 4.58% | 14.52 | 66.48% |
FCPT Listed
|
Four Corners Property Trust, Inc. | Retail | $26.49 | +0.61% | $2.91B | 1.85% | 14.18 | 26.17% |
AKR Listed
|
Acadia Realty Trust | Retail | $21.05 | +0.67% | $2.81B | 3.80% | 16.52 | 62.80% |
WELL Listed
|
Welltower Inc. | Health Care | $244.88 | +0.67% | $172.86B | 1.21% | 57.74 | 69.80% |
ONL Listed
|
Orion Properties Inc. | Office | $2.65 | +0.76% | $150.60M | 3.02% | 6.32 | 19.08% |
CTO Listed
|
CTO Realty Growth, Inc. | Diversified | $22.39 | +0.77% | $756.41M | 6.79% | 11.19 | 75.98% |
NLOP Listed
|
Net Lease Office Properties | Office | $11.71 | +0.86% | $173.47M | — | 2.71 | — |
RHP Listed
|
Ryman Hospitality Properties, Inc. | Lodging & Resorts | $127.85 | +0.93% | $8.07B | 3.75% | 14.28 | 53.60% |
BRT Listed
|
BRT Apartments Corp. | Residential | $15.06 | +1.07% | $283.46M | 6.64% | 19.24 | 127.74% |
LXP Listed
|
LXP Industrial Trust | Industrial | $54.56 | +1.26% | $3.22B | 5.13% | 16.93 | 86.89% |
DLR Listed
|
Digital Realty Trust, Inc. | Data Centers | $176.25 | +1.36% | $61.94B | 2.77% | 25.69 | 71.13% |
BDN Listed
|
Brandywine Realty Trust | Office | $3.21 | +1.42% | $557.62M | 9.97% | 4.77 | 47.56% |
DPRE Listed
|
Virtus Duff & Phelps Real Estat | Diversified | $26.43 | +1.46% | $3.96M | 4.15% | — | — |
ILPT Listed
|
Industrial Logistics Properties Trust | Industrial | $9.00 | +1.47% | $599.99M | 2.22% | 9.79 | 21.76% |
DRH Listed
|
DiamondRock Hospitality Company | Lodging & Resorts | $12.75 | +1.59% | $2.61B | 2.82% | 10.90 | 30.77% |
INN Listed
|
Summit Hotel Properties, Inc. | Lodging & Resorts | $6.78 | +1.80% | $734.72M | 4.72% | 4.86 | 22.94% |
VNO Listed
|
Vornado Realty Trust | Office | $40.06 | +1.93% | $7.54B | 7.39% | 6.10 | 45.11% |
UHT Listed
|
Universal Health Realty Income Trust | Health Care | $44.98 | +2.55% | $624.12M | 6.67% | 12.70 | 84.72% |
IHT Listed
|
InnSuites Hospitality Trust | Lodging & Resorts | $1.78 | +4.71% | $16.74M | 1.12% | -1,424.70 | -1600.78% |
BHR Listed
|
Braemar Hotels & Resorts Inc. | Lodging & Resorts | $2.11 | +5.50% | $144.91M | 9.48% | 3.50 | 33.17% |
Research only — not investment advice. Yield is the latest declared dividend annualized (specials excluded); P/OCF and payout use GAAP operating cash flow. Open any profile for the company's reported FFO/AFFO and leverage from its latest 8-K. See Methodology.