Articles and Blogs


FASB Takes Another Look At Lease Accounting Changes


Posted on July 11, 2011 in Health Law News

Written by: Dick, Andrew A.

In February, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) shed additional light on their proposed rule that changes how lease agreements are treated for accounting purposes. The proposed rule, originally published in an exposure draft on August 17, 2010, treated all lease agreements as capital lease agreements for accounting purposes. The proposed... READ MORE

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BOMA Revamps Measurement Methodology


Posted on January 26, 2011 in Health Law News

Written by: Hicks, Robert A.

If you are a tenant in a medical office building and do not appreciate the difference between “rentable” area and “usable” area you may be paying more (or less) rent for the space than what is fair and reasonable.  In May, the Building Owners and Managers Association (“BOMA”) updated its measurement methodology for office... READ MORE

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Hospital Not to Use the Term “Catholic”


Posted on January 21, 2011 in Health Law News

Written by: Hicks, Robert A.

Catholic owners of real estate often require, by imposition of written use restrictions in leases, deeds and recorded covenants, adherence to the Ethical and Religious Directives for Catholic Health Care Services (the “ERDs“).  The ERDs were promulgated, and are occasionally modified by, the United States Conference of Catholic Bishops.  The ERDs are  binding upon all... READ MORE

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