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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Revenues, Total $ 24,494 $ 24,223 $ 74,369 $ 71,255
Expenses:        
Depreciation and amortization 7,009 7,012 20,624 20,479
Other operating expenses 7,609 7,854 22,115 23,625
Costs and Expenses, Total 16,004 16,198 46,832 48,061
Income before equity in income of unconsolidated limited liability companies ("LLCs") and interest expense 8,490 8,025 27,537 23,194
Equity in income of unconsolidated LLCs 300 314 956 953
Interest expense, net (4,793) (4,467) (13,920) (12,340)
Net income $ 3,997 $ 3,872 $ 14,573 $ 11,807
Basic earnings per share $ 0.29 $ 0.28 $ 1.06 $ 0.86
Diluted earnings per share $ 0.29 $ 0.28 $ 1.05 $ 0.85
Weighted average number of shares outstanding - Basic 13,807 13,790 13,799 13,784
Weighted average number of shares outstanding - Diluted 13,849 13,822 13,835 13,811
Management Service        
Expenses:        
Advisory fees to UHS $ 1,386 $ 1,332 $ 4,093 $ 3,957
UHS Facilities        
Revenues:        
Lease revenue [1] 8,248 8,274 25,366 24,297
Interest income on financing leases - UHS facilities 1,357 1,365 4,077 4,096
UHS Facilities | Other        
Revenues:        
Other revenue 242 254 682 730
Non-Related Parties        
Revenues:        
Lease revenue 14,342 13,926 43,188 40,955
Non-Related Parties | Other        
Revenues:        
Other revenue $ 305 $ 404 $ 1,056 $ 1,177
[1] Includes bonus rental on McAllen Medical Center, a UHS acute care hospital facility of $765 and $725 for the three-month periods ended September 30, 2024 and 2023, respectively, and $2,306 and $2,219 for the nine-month periods ended September 30, 2024 and 2023, respectively.