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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Base rental - UHS facilities $ 4,080 $ 4,081
Base rental - Non-related parties 9,970 8,815
Bonus rental - UHS facilities 1,288 1,246
Tenant reimbursements and other - Non-related parties 2,193 1,873
Tenant reimbursements and other - UHS facilities 219 211
Revenues, Total 17,750 16,226
Expenses:    
Depreciation and amortization 6,145 5,436
Advisory fees to UHS 866 767
Other operating expenses 4,705 4,400
Transaction costs 70 82
Costs and Expenses, Total 11,786 10,685
Income before equity in income of unconsolidated limited liability companies ("LLCs"), interest expense and gain 5,964 5,541
Equity in income of unconsolidated LLCs [1] 1,077 1,059
Gain on fair value recognition resulting from purchase of minority interest in majority-owned LLC, net 27,196  
Interest expense, net (2,675) (2,172)
Net income $ 31,562 $ 4,428
Basic earnings per share $ 2.32 $ 0.33
Diluted earnings per share $ 2.32 $ 0.33
Weighted average number of shares outstanding - Basic 13,580 13,307
Weighted average number of share equivalents   7
Weighted average number of shares and equivalents outstanding - Diluted 13,580 13,314
[1] Our share of net income for the three months ended March 31, 2017 and 2016 includes approximately $284,000 and $296,000, respectively, of interest income earned by us on an advance made to Arlington Medical Properties, LLC. This advance was repaid to us effective with the previously mentioned Arlington Medical Properties, LLC transaction during March, 2017.