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Relationship with Universal Health Realty Income Trust and Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2015
Remaining Renewal Options and Terms for Each of Three Hospital Facilities Leased from Trust

The table below details the renewal options and terms for each of our three acute care hospital facilities leased from the Trust as of June 30, 2015:

 

Hospital Name

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

McAllen Medical Center

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

Wellington Regional Medical Center

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

Southwest Healthcare System, Inland Valley Campus

   $ 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).