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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Summary of Reported Segment Revenue And Expenses

 

 

Three Months Ended
March 31,

 

 

 

2025

 

 

2024

 

Revenue:

 

 

 

 

 

 

Revenues from facilities

 

$

23,123

 

 

$

23,713

 

Interest income on financing leases - UHS facilities

 

 

1,352

 

 

 

1,361

 

All other revenues

 

 

73

 

 

 

67

 

Total revenue

 

$

24,548

 

 

$

25,141

 

 

 

 

 

 

 

 

Expenses:

 

 

 

 

 

 

Depreciation and amortization

 

 

(6,845

)

 

 

(6,809

)

Advisory fees to UHS

 

 

(1,364

)

 

 

(1,338

)

Other operating expenses (a.)

 

 

(7,305

)

 

 

(7,531

)

Equity in income of unconsolidated LLCs

 

 

412

 

 

 

384

 

Loss on divestiture of real estate assets

 

 

-

 

 

 

-

 

Interest expense, net

 

 

(4,669

)

 

 

(4,547

)

Consolidated net income

 

$

4,777

 

 

$

5,300

 

(a.) Property operating expenses are primarily made up of property tax, utilities, maintenance, insurance and other costs related to the leasing of our real estate properties. Our CODM is not provided with further disaggregation and uses total operating expenses to manage the business.