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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real Estate Investments:    
Buildings and improvements and construction in progress $ 650,622 $ 649,374
Accumulated depreciation (268,544) (262,449)
Real Estate Investment Property, Net, Total 382,078 386,925
Land 56,870 56,870
Net Real Estate Investments 438,948 443,795
Financing receivable from UHS 83,162 83,279
Net Real Estate Investments and Financing receivable 522,110 527,074
Investments in and advances to limited liability companies ("LLCs") 14,632 9,102
Other Assets:    
Cash and cash equivalents 7,697 8,212
Lease and other receivables from UHS 6,645 6,180
Lease receivable - other 8,219 8,166
Intangible assets (net of accumulated amortization of $11.0 million and $12.5 million, respectively) 8,653 9,110
Right-of-use land assets, net 10,939 10,946
Deferred charges, notes receivable and other assets, net 17,294 17,579
Total Assets 596,189 596,369
Liabilities:    
Line of credit borrowings 333,650 326,600
Mortgage notes payable, non-recourse to us, net 32,506 32,863
Accrued interest 1,088 490
Accrued expenses and other liabilities 10,189 13,500
Ground lease liabilities, net 10,939 10,946
Tenant reserves, deposits and deferred and prepaid rents 11,359 11,036
Total Liabilities 399,731 395,435
Equity:    
Preferred shares of beneficial interest, $.01 par value; 5,000,000 shares authorized; none issued and outstanding
Common shares, $.01 par value; 95,000,000 shares authorized; issued and outstanding: 2024 - 13,824,063; 2023 - 13,823,899 138 138
Capital in excess of par value 270,454 270,398
Cumulative net income 831,361 826,061
Cumulative dividends (912,998) (902,975)
Accumulated other comprehensive income 7,503 7,312
Total Equity 196,458 200,934
Total Liabilities and Equity $ 596,189 $ 596,369