Pocatello Hospital, LLC v. Quail Ridge Medical Investor, LLC

HORTON, Justice.

This appeal stems from a 1983 Ground Lease of 4.25 acres of property in Pocatello, Idaho which Quail Ridge Medical Investors, LLC (Quail Ridge) leases from Pocatello Hospital, LLC d/b/a/ Portneuf Medical Centers, LLC (PMC). Quail Ridge appeals from a declaratory judgment entered by the district court which held that PMC is entitled to an adjustment in the annual rent owed by Quail Ridge from $9,562.50 annually to $148,500 annually, and that Quail Ridge is obligated to pay PMC $416,812.50 in rent for the period of 2010 to 2012. We affirm.

I. FACTUAL AND PROCEDURAL BACKGROUND

Despi…