| Senior Housing Properties Trust Completes 2005/06 Filings
NEWTON, Mass.--(BUSINESS WIRE)--Senior Housing Properties Trust (NYSE: SNH) today filed its restated Annual Report on Form 10-K for 2005 and Quarterly Reports on Forms 10-Q for each of the first three quarters of 2006. On January 26, 2007, SNH announced that it had discovered an error in its previously issued financial reports for the year ended December 31, 2005 and for the periods ended March 31, June 30 and September 30, 2006. This error resulted from the fact that SNH recorded charges related to the early extinguishment of debt in the fourth quarter 2005 when $52.5 million of notes were called for early redemption, rather than in the first quarter of 2006 when the notes were redeemed and the charges should have been recognized under generally acceptable accounting principles, or GAAP.
A community of voices
From Latin hymns to Broadway hits to folk songs, the Corvallis Community Choir's broad, varied repertoire reflects the diverse interests of its singers.On Monday evenings, between 35 and 40 musicians of all ages and skill levels gather at the Unitarian Universalist Fellowship of Corvallis to sing and socialize. Many choristers, including Becky McKenzie, have been with the group since its inception in January 2004. .
Newly Appointed Commissioner Cate Was Sued for Sexual Harassment
Monday, comes word that Fourth District Commissioner Richard Cate was part of a sexual harassment lawsuit several years ago. Cate was part-owner of a Northeast Knox County Assisted-Living Center. A jury agreed with a former administrator's claims that she was a victim of harassment, was fired in retaliation for ending an affair with him and that the center had violated Tennessee's Human Rights Act. Mister Cate has declined to respond on camera, but says he doesn't necessarily agree with the court's findings. He calls it part of his past he considers private. .
City living 'not synonymous' with retirement lifestyle
After yesterday's report, which examined the high costs associated with buying a retirement property in many European cities, industry experts have said that most retirees seek rural or suburban locations when considering buying aboard.For people thinking of retiring to another country, the co-owner of Amberlamb, an overseas property publication, said that cities did not offer the pace of life that retirees generally look for."Living in a city is not synonymous with a relaxed retirement lifestyle which is the dream that the majority of us share," said Rhiannon Williamson.Ms Williamson also said that city properties were likely to be too highly priced for many people to retire to, explaining: "This is because in a city a retiree would be competing for property stock with professionals."However, it is the quality of life and sense of community offered in smaller locations that most people planning on retiring aboard are looking for, according to Ms Williamson."A retiree will be more conscious than most that if they are moving abroad they will need to establish a new support network of friends, associates and 'useful people' quickly, said Ms Williamson, adding that this would be more difficult to achieve in large cities.Recently, a survey by the Royal Institution of Chartered Surveyors found that European property remained a sound investment for people thinking of retiring abroad.
Mishicot man accused of torturing, killing 25-year-old Teresa Halbach in 2005
Mike Halbach knows the next six weeks will be difficult for his family. He and the family are bracing to hear in excruciating detail about the alleged torture and slaying of Teresa Halbach, the beloved 25-year-old sister and daughter in the tight-knit family. Her remains were found in November 2005, and the trial of one of her accused killers, Steven Avery, gets under way Monday. "I think the difficulty of the six-week trial doesn't lie in the duration or in the court process itself," Mike Halbach said, "but rather in listening to the retelling of individual experiences and sparking those emotions that my family has connected to those events. "This is one of those big hurdles in life that we have to find a way to get over. Together, it's possible." Hundreds of pieces of evidence and some 200 witnesses are on tap for the trial, which begins Monday with jury selection in Manitowoc, then moves to Chilton for testimony.
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