v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Real Estate Investments:    
Buildings and improvements and construction in progress $ 682,918 $ 666,122
Accumulated depreciation (325,619) (312,982)
Real Estate Investment Property, Net, Total 357,299 353,140
Land 56,848 56,870
Net Real Estate Investments 414,147 410,010
Financing receivable from UHS 81,738 82,148
Net Real Estate Investments and Financing receivable 495,885 492,158
Investments in limited liability companies ("LLCs") 20,017 20,125
Other Assets:    
Cash and cash equivalents 6,819 6,686
Lease and other receivables from UHS 7,341 7,530
Lease receivable - other 8,130 8,034
Intangible assets (net of accumulated amortization of $11.7 million and $10.9 million, respectively) 4,872 5,640
Right-of-use land assets, net 11,377 11,395
Deferred charges, notes receivable and other assets, net 12,677 13,339
Total Assets 567,118 564,907
Liabilities:    
Line of credit borrowings 365,550 356,200
Mortgage notes payable, non-recourse to us, net 18,150 18,435
Accrued interest 857 910
Accrued expenses and other liabilities 15,115 13,785
Ground lease liabilities, net 11,399 11,398
Tenant reserves, deposits and deferred and prepaid rents 12,140 11,795
Total Liabilities 423,211 412,523
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: 2026 - 13,898,649; 2025 - 13,874,607 139 139
Capital in excess of par value 272,559 272,147
Cumulative net income and other 873,830 862,904
Cumulative dividends (1,005,202) (984,443)
Accumulated other comprehensive income 2,581 1,637
Total Equity 143,907 152,384
Total Liabilities and Equity $ 567,118 $ 564,907