KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Monday reported a key measure of profitability in its first quarter.

The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $12.3 million, or 88 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $5 million, or 36 cents per share.

The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $24.5 million in the period.

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