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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Real Estate Investments:    
Buildings and improvements and construction in progress $ 659,830 $ 655,996
Accumulated depreciation (299,345) (286,932)
Real Estate Investment Property, Net, Total 360,485 369,064
Land 56,870 56,870
Net Real Estate Investments 417,355 425,934
Financing receivable from UHS 82,479 82,798
Net Real Estate Investments and Financing receivable 499,834 508,732
Investments in limited liability companies ("LLCs") 20,947 13,948
Other Assets:    
Cash and cash equivalents 6,554 7,097
Lease and other receivables from UHS 6,811 7,131
Lease receivable - other 8,517 7,975
Intangible assets (net of accumulated amortization of $11.3 million during each period) 6,458 7,325
Right-of-use land assets, net 10,903 10,918
Deferred charges, notes receivable and other assets, net 12,992 17,736
Total Assets 573,016 580,862
Liabilities:    
Line of credit borrowings 354,800 348,900
Mortgage notes payable, non-recourse to us, net 18,714 19,349
Accrued interest 886 694
Accrued expenses and other liabilities 11,399 10,444
Ground lease liabilities, net 10,903 10,918
Tenant reserves, deposits and deferred and prepaid rents 11,162 11,016
Total Liabilities 407,864 401,321
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: 2025 - 13,874,091; 2024 - 13,850,608 139 138
Capital in excess of par value 271,557 271,092
Cumulative net income 854,564 845,295
Cumulative dividends (963,842) (943,396)
Accumulated other comprehensive income 2,734 6,412
Total Equity 165,152 179,541
Total Liabilities and Equity $ 573,016 $ 580,862