This essentially is a cyst inside of the neck of the hip bone.
The peripheral sclerotic area is the outside of this "cyst" and has
a lot of calcium in it... thus it shows up as a very white area on
xray, since it is more dense (because of the calcium). Hypo-dense
just means there isn't much calcium in the middle of this bone
"cyst" so it shows up on the xray as a dark area (hypo= less).