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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income $ 822,011 $ 278,701
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 176,077 157,675
Amortization of deferred financing costs and debt discount 9,219 7,692
Straight-line rent revenue and other (145,725) (131,291)
Share / (Unit)-based compensation expense 21,912 25,035
Gain (loss) on sale of real estate and other, net (467,993) 398
Straight-line rent and other write-off (recovery) 4,548 (5,251)
Debt refinancing and unutilized financing costs 9,435 2,339
Tax rate changes (825) 42,746
Other adjustments (13,171) 12,909
Changes in:    
Interest and rent receivables (44,224) (24,999)
Other assets (6,343) (2,633)
Accounts payable and accrued expenses (15,558) 19,320
Deferred revenue (5,347) (17,383)
Net cash provided by operating activities 344,016 365,258
Investing activities    
Cash paid for acquisitions and other related investments (946,243) (3,062,029)
Net proceeds from sale of real estate 1,817,642 25,186
Principal received on loans receivable 19,478 1,206,699
Investment in loans receivable (175,734) (24,487)
Construction in progress and other (91,167) (21,436)
Proceeds from return of equity investment 775 11,000
Capital additions and other investments, net (90,623) (97,758)
Net cash provided by (used for) investing activities 534,128 (1,962,825)
Financing activities    
Proceeds from term debt, net of discount 0 1,839,735
Payments of term debt (869,606) (689,450)
Revolving credit facilities, net 200,945 42,323
Dividends / Distribution paid (350,519) (311,109)
Lease deposits and other obligations to tenants 3,174 322
Proceeds from sale of common shares, net of offering costs 0 900,574
Unit vesting - satisfaction of tax withholdings (28,799)  
Payment of debt refinancing, deferred financing costs, and other financing activities (17,917) (23,489)
Net cash provided by financing activities (1,062,722) 1,758,906
(Decrease) increase in cash, cash equivalents, and restricted cash for period (184,578) 161,339
Effect of exchange rate changes (14,786) 6,173
Cash, cash equivalents, and restricted cash at beginning of period 461,882 556,369
Cash, cash equivalents, and restricted cash at end of period 262,518 723,881
Interest paid 209,445 160,985
Supplemental schedule of non-cash financing activities:    
Dividend / Distributions declared, unpaid 174,017 165,133
Cash, cash equivalents, and restricted cash are comprised of the following:    
Cash and cash equivalents at beginning of period 459,227 549,884
Restricted cash, included in Other assets at beginning of period $ 2,655 $ 6,485
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets
Cash, cash equivalents, and restricted cash at beginning of period $ 461,882 $ 556,369
Cash and cash equivalents at end of period 257,269 721,321
Restricted cash, included in Other assets at end of period $ 5,249 $ 2,560
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets
Cash, cash equivalents, and restricted cash at end of period $ 262,518 $ 723,881
MPT Operating Partnership, L.P. [Member]    
Operating activities    
Net income 822,011 278,701
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 176,077 157,675
Amortization of deferred financing costs and debt discount 9,219 7,692
Straight-line rent revenue and other (145,725) (131,291)
Share / (Unit)-based compensation expense 21,912 25,035
Gain (loss) on sale of real estate and other, net (467,993) 398
Straight-line rent and other write-off (recovery) 4,548 (5,251)
Debt refinancing and unutilized financing costs 9,435 2,339
Tax rate changes (825) 42,746
Other adjustments (13,171) 12,909
Changes in:    
Interest and rent receivables (44,224) (24,999)
Other assets (6,343) (2,633)
Accounts payable and accrued expenses (15,558) 19,320
Deferred revenue (5,347) (17,383)
Net cash provided by operating activities 344,016 365,258
Investing activities    
Cash paid for acquisitions and other related investments (946,243) (3,062,029)
Net proceeds from sale of real estate 1,817,642 25,186
Principal received on loans receivable 19,478 1,206,699
Investment in loans receivable (175,734) (24,487)
Construction in progress and other (91,167) (21,436)
Proceeds from return of equity investment 775 11,000
Capital additions and other investments, net (90,623) (97,758)
Net cash provided by (used for) investing activities 534,128 (1,962,825)
Financing activities    
Proceeds from term debt, net of discount 0 1,839,735
Payments of term debt (869,606) (689,450)
Revolving credit facilities, net 200,945 42,323
Dividends / Distribution paid (350,519) (311,109)
Lease deposits and other obligations to tenants 3,174 322
Proceeds from sale of units, net of offering costs 0 900,574
Unit vesting - satisfaction of tax withholdings (28,799)  
Payment of debt refinancing, deferred financing costs, and other financing activities (17,917) (23,489)
Net cash provided by financing activities (1,062,722) 1,758,906
(Decrease) increase in cash, cash equivalents, and restricted cash for period (184,578) 161,339
Effect of exchange rate changes (14,786) 6,173
Cash, cash equivalents, and restricted cash at beginning of period 461,882 556,369
Cash, cash equivalents, and restricted cash at end of period 262,518 723,881
Interest paid 209,445 160,985
Supplemental schedule of non-cash financing activities:    
Dividend / Distributions declared, unpaid 174,017 165,133
Cash, cash equivalents, and restricted cash are comprised of the following:    
Cash and cash equivalents at beginning of period 459,227 549,884
Restricted cash, included in Other assets at beginning of period $ 2,655 $ 6,485
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets
Cash, cash equivalents, and restricted cash at beginning of period $ 461,882 $ 556,369
Cash and cash equivalents at end of period 257,269 721,321
Restricted cash, included in Other assets at end of period $ 5,249 $ 2,560
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets
Cash, cash equivalents, and restricted cash at end of period $ 262,518 $ 723,881