XML 17 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Real Estate Investments:    
Buildings and improvements $ 469,933 $ 451,005
Accumulated depreciation (121,161) (106,480)
Real Estate Investment Property, Net, Total 348,772 344,525
Land 41,724 35,584
Net real estate investments 390,496 380,109
Investments in and advances to limited liability companies ("LLCs") 31,597 8,605
Other Assets:    
Cash and cash equivalents 3,894 3,861
Base and bonus rent receivable from UHS 2,116 2,086
Rent receivable - other 4,292 4,219
Intangible assets (net of accumulated amortization of $25.1 million and $19.7 million at December 31, 2015 and December 31, 2014, respectively) 19,757 23,123
Deferred charges, goodwill and other assets, net 6,749 6,863
Total Assets 458,901 428,866
Liabilities:    
Line of credit borrowings 142,150 89,750
Mortgage and other notes payable, non-recourse to us (including net debt premium of $298 and $523 at December 31, 2015 and December 31, 2014, respectively) 110,554 123,405
Accrued interest 504 545
Accrued expenses and other liabilities 6,807 8,522
Tenant reserves, escrows, deposits and prepaid rents 3,844 2,063
Total Liabilities $ 263,859 $ 224,285
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: 2015 - 13,327,020; 2014 -13,301,204 $ 133 $ 133
Capital in excess of par value 241,700 240,835
Cumulative net income 555,286 531,595
Cumulative dividends (601,983) (567,894)
Accumulated other comprehensive loss (94) (88)
Total Equity 195,042 204,581
Total Liabilities and Equity $ 458,901 $ 428,866