XML 54 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Relationship with Universal Health Realty Income Trust and Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2013
Remaining Renewal Options and Terms for Each of Four Hospital Facilities Leased from Trust

The table below details the remaining renewal options and terms for each of our four 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) 

The Bridgeway

     Behavioral Health       $ 930,000         December, 2014         10 (c) 

 

(a) We have three 5-year renewal options at existing lease rates (through 2031).
(b) We have one 5-year renewal options at existing lease rates (through 2021) and two 5-year renewal options at fair market value lease rates (2022 through 2031).
(c) We have two 5-year renewal options at fair market value lease rates (2015 through 2024).