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Relationship with Universal Health Realty Income Trust and Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2014
Remaining Renewal Options and Terms for Each of Four Hospital Facilities Leased from Trust

The table below details the renewal options and terms for each of our three hospital facilities leased from the Trust:

 

Hospital Name

  Type of Facility     Annual
Minimum
Rent
    End of Lease Term     Renewal
Term
(years)
 

McAllen Medical Center

    Acute Care      $ 5,485,000        December, 2016        15 (a) 

Wellington Regional Medical Center

    Acute Care      $ 3,030,000        December, 2016        15 (b) 

Southwest Healthcare System, Inland Valley Campus

    Acute Care      $ 2,648,000        December, 2016        15 (b) 

 

(a) We have three 5-year renewal options at existing lease rates (through 2031).
(b) We have one 5-year renewal option at existing lease rates (through 2021) and two 5-year renewal options at fair market value lease rates (2022 through 2031).