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Relationship with Universal Health Realty Income Trust and Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2016
Related Party Transactions [Abstract]  
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:

 

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).