Core Insights - Universal Health Realty Income Trust reported net income of $4.0 million, or $0.29 per diluted share, for Q3 2025, unchanged from Q3 2024 [1][2] - For the nine-month period ended September 30, 2025, net income decreased to $13.3 million, or $0.96 per diluted share, compared to $14.6 million, or $1.05 per diluted share in the same period of 2024 [3][4] Financial Performance - Q3 2025 net income included a one-time settlement increase of $275,000, offset by a net decrease of $256,000 primarily due to reduced income from various properties and $900,000 in nonrecurring depreciation [2] - Funds from operations (FFO) for Q3 2025 increased by $908,000 to $12.2 million, or $0.88 per diluted share, compared to $11.3 million, or $0.82 per diluted share in Q3 2024 [2][17] - For the first nine months of 2025, FFO decreased by $166,000 to $35.9 million, or $2.59 per diluted share, compared to $36.1 million, or $2.61 per diluted share in the same period of 2024 [4][18] Dividend Information - A dividend of $0.74 per share, totaling $10.3 million, was declared on September 22, 2025, and paid on September 30, 2025 [5][20] Capital Resources - As of September 30, 2025, the company had $67.9 million of available borrowing capacity under a $425 million credit agreement, which is set to expire on September 30, 2028 [6] Development Projects - In October 2025, the company entered into a ground lease to develop Palm Beach Gardens Medical Plaza I, an 80,000 square foot medical office building in Florida, with an estimated cost of $34 million [7][8]