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Condensed Consolidated Statements of Equity / Capital - USD ($)
shares in Thousands, $ in Thousands
Total
MPT Operating Partnership, L.P. [Member]
MPT Operating Partnership, L.P. [Member]
General Partner [Member]
Common Par Value [Member]
Common Par Value [Member]
MPT Operating Partnership, L.P. [Member]
Limited Partner [Member]
Additional Paid-in Capital [Member]
Retained Earnings (Deficit) [Member]
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Loss [Member]
MPT Operating Partnership, L.P. [Member]
Non-Controlling Interests [Member]
Non-Controlling Interests [Member]
MPT Operating Partnership, L.P. [Member]
Beginning balance at Dec. 31, 2020 $ 7,343,857 $ 7,344,247 $ 73,977 $ 541 $ 7,316,269 $ 7,460,726 $ (71,411) $ (51,324) $ (51,324) $ 5,325 $ 5,325
Beginning balance (in shares) at Dec. 31, 2020     5,414 541,353 535,939            
Net income 163,880 163,880 $ 1,638   $ 162,145   163,783     97 97
Unrealized gain (loss) on interest rate swap, net of tax 15,504 15,504           15,504 15,504    
Foreign currency translation (loss) gain (30,900) (30,900)           (30,900) (30,900)    
Stock (Unit) vesting and amortization of stock (unit)-based compensation 12,264 12,264 $ 123 $ 2 $ 12,141 12,262          
Stock (Unit) vesting and amortization of stock (unit)-based compensation (shares)     17 1,741 1,724            
Distributions to non-controlling interests (193) (193)               (193) (193)
Proceeds from offering (net of offering costs) 779,241 779,241 $ 7,792 $ 40 $ 771,449 779,201          
Proceeds from offering (net of offering costs) (shares)     399 39,949 39,550            
Dividends (Distributions) declared (163,443) (163,443) $ (1,634)   $ (161,809)   (163,443)        
Ending balance at Mar. 31, 2021 8,120,210 8,120,600 $ 81,896 $ 583 $ 8,100,195 8,252,189 (71,071) (66,720) (66,720) 5,229 5,229
Ending balance (in shares) at Mar. 31, 2021     5,830 583,043 577,213            
Beginning balance at Dec. 31, 2020 7,343,857 7,344,247 $ 73,977 $ 541 $ 7,316,269 7,460,726 (71,411) (51,324) (51,324) 5,325 5,325
Beginning balance (in shares) at Dec. 31, 2020     5,414 541,353 535,939            
Net income 450,096 450,096                  
Unrealized gain (loss) on interest rate swap, net of tax 28,558 28,558                  
Foreign currency translation (loss) gain (47,077) (47,077)                  
Ending balance at Sep. 30, 2021 8,358,734 8,359,124 $ 84,312 $ 596 $ 8,339,256 8,540,315 (117,733) (69,843) (69,843) 5,399 5,399
Ending balance (in shares) at Sep. 30, 2021     5,962 596,079 590,117            
Beginning balance at Mar. 31, 2021 8,120,210 8,120,600 $ 81,896 $ 583 $ 8,100,195 8,252,189 (71,071) (66,720) (66,720) 5,229 5,229
Beginning balance (in shares) at Mar. 31, 2021     5,830 583,043 577,213            
Net income 114,821 114,821 $ 1,146   $ 113,419   114,565     256 256
Unrealized gain (loss) on interest rate swap, net of tax 4,207 4,207           4,207 4,207    
Foreign currency translation (loss) gain 9,014 9,014           9,014 9,014    
Stock (Unit) vesting and amortization of stock (unit)-based compensation 12,771 12,771 $ 128   $ 12,643 12,771          
Stock (Unit) vesting and amortization of stock (unit)-based compensation (shares)     2 176 174            
Distributions to non-controlling interests (142) (142)               (142) (142)
Proceeds from offering (net of offering costs) 121,333 121,333 $ 1,213 $ 6 $ 120,120 121,327          
Proceeds from offering (net of offering costs) (shares)     58 5,679 5,621            
Dividends (Distributions) declared (165,133) (165,133) $ (1,651)   $ (163,482)   (165,133)        
Ending balance at Jun. 30, 2021 8,217,081 8,217,471 $ 82,732 $ 589 $ 8,182,895 8,386,287 (121,639) (53,499) (53,499) 5,343 5,343
Ending balance (in shares) at Jun. 30, 2021     5,890 588,898 583,008            
Net income 171,395 171,395 $ 1,711   $ 169,426   171,137     258 258
Unrealized gain (loss) on interest rate swap, net of tax 8,847 8,847           8,847 8,847    
Foreign currency translation (loss) gain (25,191) (25,191)           (25,191) (25,191)    
Stock (Unit) vesting and amortization of stock (unit)-based compensation 13,555 13,555 $ 136   $ 13,419 13,555          
Stock (Unit) vesting and amortization of stock (unit)-based compensation (shares)     2 218 216            
Distributions to non-controlling interests (202) (202)               (202) (202)
Proceeds from offering (net of offering costs) 140,480 140,480 $ 1,405 $ 7 $ 139,075 140,473          
Proceeds from offering (net of offering costs) (shares)     70 6,963 6,893            
Dividends (Distributions) declared (167,231) (167,231) $ (1,672)   $ (165,559)   (167,231)        
Ending balance at Sep. 30, 2021 8,358,734 8,359,124 $ 84,312 $ 596 $ 8,339,256 8,540,315 (117,733) (69,843) (69,843) 5,399 5,399
Ending balance (in shares) at Sep. 30, 2021     5,962 596,079 590,117            
Beginning balance at Dec. 31, 2021 8,445,671 8,446,061 $ 84,847 $ 597 $ 8,392,458 8,564,009 (87,691) (36,727) (36,727) 5,483 5,483
Beginning balance (in shares) at Dec. 31, 2021     5,968 596,748 590,780            
Net income 631,947 631,947 $ 6,317   $ 625,364   631,681     266 266
Unrealized gain (loss) on interest rate swap, net of tax 44,932 44,932           44,932 44,932    
Foreign currency translation (loss) gain (13,215) (13,215)           (13,215) (13,215)    
Stock (Unit) vesting and amortization of stock (unit)-based compensation 11,804 11,804 $ 118 $ 3 $ 11,686 11,801          
Stock (Unit) vesting and amortization of stock (unit)-based compensation (shares)     31 3,107 3,076            
Issuance of non-controlling interest 929 929               929 929
Stock vesting - satisfaction of tax withholding (27,919) (27,919) $ (279) $ (1) $ (27,640) (27,918)          
Stock vesting - satisfaction of tax withholding (Shares)     (12) (1,179) (1,167)            
Distributions to non-controlling interests (772) (772)               (772) (772)
Dividends (Distributions) declared (174,018) (174,018) $ (1,740)   $ (172,278)   (174,018)        
Ending balance at Mar. 31, 2022 8,919,359 8,919,749 $ 89,263 $ 599 $ 8,829,590 8,547,892 369,972 (5,010) (5,010) 5,906 5,906
Ending balance (in shares) at Mar. 31, 2022     5,987 598,676 592,689            
Beginning balance at Dec. 31, 2021 8,445,671 8,446,061 $ 84,847 $ 597 $ 8,392,458 8,564,009 (87,691) (36,727) (36,727) 5,483 5,483
Beginning balance (in shares) at Dec. 31, 2021     5,968 596,748 590,780            
Net income 1,044,031 1,044,031                  
Unrealized gain (loss) on interest rate swap, net of tax 123,827 123,827                  
Foreign currency translation (loss) gain (226,401) (226,401)                  
Ending balance at Sep. 30, 2022 8,833,248 8,833,638 $ 89,790 $ 599 $ 8,881,683 8,537,145 433,339 (139,301) (139,301) 1,466 1,466
Ending balance (in shares) at Sep. 30, 2022     5,990 598,983 592,993            
Beginning balance at Mar. 31, 2022 8,919,359 8,919,749 $ 89,263 $ 599 $ 8,829,590 8,547,892 369,972 (5,010) (5,010) 5,906 5,906
Beginning balance (in shares) at Mar. 31, 2022     5,987 598,676 592,689            
Net income 190,064 190,064 $ 1,896   $ 187,701   189,597     467 467
Unrealized gain (loss) on interest rate swap, net of tax 25,920 25,920           25,920 25,920    
Foreign currency translation (loss) gain (104,341) (104,341)           (104,341) (104,341)    
Stock (Unit) vesting and amortization of stock (unit)-based compensation 10,108 10,108 $ 101   $ 10,007 10,108          
Stock (Unit) vesting and amortization of stock (unit)-based compensation (shares)     2 204 202            
Stock vesting - satisfaction of tax withholding (880) (880) $ (9)   $ (871) (880)          
Stock vesting - satisfaction of tax withholding (Shares)     (1) (41) (40)            
Distributions to non-controlling interests (335) (335)               (335) (335)
Dividends (Distributions) declared (174,024) (174,024) $ (1,740)   $ (172,284)   (174,024)        
Ending balance at Jun. 30, 2022 8,865,871 8,866,261 $ 89,511 $ 599 $ 8,854,143 8,557,120 385,545 (83,431) (83,431) 6,038 6,038
Ending balance (in shares) at Jun. 30, 2022     5,988 598,839 592,851            
Net income 222,020 222,020 $ 2,218   $ 219,575   221,793     227 227
Unrealized gain (loss) on interest rate swap, net of tax 52,975 52,975           52,975 52,975    
Foreign currency translation (loss) gain (108,845) (108,845)           (108,845) (108,845)    
Stock (Unit) vesting and amortization of stock (unit)-based compensation 11,089 11,089 $ 111   $ 10,978 11,089          
Stock (Unit) vesting and amortization of stock (unit)-based compensation (shares)     2 185 183            
Acquisition of non-controlling interest (35,022) (35,022) $ (304)   $ (30,124) (30,428)       (4,594) (4,594)
Stock vesting - satisfaction of tax withholding (636) (636) (6)   $ (630) (636)          
Stock vesting - satisfaction of tax withholding (Shares)       41 (41)            
Distributions to non-controlling interests (205) (205)               205 (205)
Dividends (Distributions) declared (173,999) (173,999) (1,740)   $ (172,259)   173,999        
Ending balance at Sep. 30, 2022 $ 8,833,248 $ 8,833,638 $ 89,790 $ 599 $ 8,881,683 $ 8,537,145 $ 433,339 $ (139,301) $ (139,301) $ 1,466 $ 1,466
Ending balance (in shares) at Sep. 30, 2022     5,990 598,983 592,993