Lease Accounting (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Components of the "Lease Revenue - UHS facilities" and "Lease Revenue - Non-related Parties" Captions

The components of the “Lease revenue – UHS facilities” and “Lease revenue – Non-related parties” captions for the three and nine month periods ended September 30, 2024 and 2023 are disaggregated below (in thousands). Base rents are primarily stated rent amounts provided for under the leases that are recognized on a straight-line basis over the term of the lease. Bonus rents and tenant reimbursements represent amounts where tenants are contractually obligated to pay an amount that is variable in nature.

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
UHS facilities:
Base rents	$	6,785	$	6,620	$	20,645	$	19,400
Bonus rents (a.)		765		725		2,306		2,219
Tenant reimbursements		698		929		2,415		2,678
Lease revenue - UHS facilities	$	8,248	$	8,274	$	25,366	$	24,297
Non-related parties:
Base rents		11,034		10,542		33,078		31,256
Tenant reimbursements		3,308		3,384		10,110		9,699
Lease revenue - Non-related parties	$	14,342	$	13,926	$	43,188	$	40,955

(a.) Consists of bonus rental earned in connection with McAllen Medical Center.