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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Rent billed $ 968,874 $ 931,942 $ 741,311
Straight-line rent 204,159 241,433 158,881
Income from financing leases 203,580 202,599 206,550
Interest and other income 166,238 168,695 142,496
Total revenues 1,542,851 1,544,669 1,249,238
Expenses      
Interest 359,036 367,393 328,728
Real estate depreciation and amortization 332,977 321,249 264,245
Property-related 45,697 39,098 24,890
General and administrative 160,494 145,638 131,663
Total expenses 898,204 873,378 749,526
Other income (expense)      
Gain (loss) on sale of real estate 536,755 52,471 (2,833)
Real estate and other impairment charges, net (268,375) (39,411) (19,006)
Earnings from equity interests 40,800 28,488 20,417
Debt refinancing and unutilized financing costs (9,452) (27,650) (28,180)
Other (including fair value adjustments on securities) 15,344 45,699 (6,782)
Total other income (expense) 315,072 59,597 (36,384)
Income before income tax 959,719 730,888 463,328
Income tax expense (55,900) (73,948) (31,056)
Net income 903,819 656,940 432,272
Net income attributable to non-controlling interests (1,222) (919) (822)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 902,597 $ 656,021 $ 431,450
Earnings per common share (units) basic      
Net income attributable to MPT common stockholders (Operating Partnership partners), basic $ 1.50 $ 1.11 $ 0.81
Earnings per common share (units) diluted      
Net income attributable to MPT common stockholders (Operating Partnership partners), diluted $ 1.50 $ 1.11 $ 0.81
Weighted average shares (units) outstanding basic 598,634 588,817 529,239
Weighted average shares (units) outstanding diluted 598,837 590,139 530,461
MPT Operating Partnership, L.P. [Member]      
Revenues      
Rent billed $ 968,874 $ 931,942 $ 741,311
Straight-line rent 204,159 241,433 158,881
Income from financing leases 203,580 202,599 206,550
Interest and other income 166,238 168,695 142,496
Total revenues 1,542,851 1,544,669 1,249,238
Expenses      
Interest 359,036 367,393 328,728
Real estate depreciation and amortization 332,977 321,249 264,245
Property-related 45,697 39,098 24,890
General and administrative 160,494 145,638 131,663
Total expenses 898,204 873,378 749,526
Other income (expense)      
Gain (loss) on sale of real estate 536,755 52,471 (2,833)
Real estate and other impairment charges, net (268,375) (39,411) (19,006)
Earnings from equity interests 40,800 28,488 20,417
Debt refinancing and unutilized financing costs (9,452) (27,650) (28,180)
Other (including fair value adjustments on securities) 15,344 45,699 (6,782)
Total other income (expense) 315,072 59,597 (36,384)
Income before income tax 959,719 730,888 463,328
Income tax expense (55,900) (73,948) (31,056)
Net income 903,819 656,940 432,272
Net income attributable to non-controlling interests (1,222) (919) (822)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 902,597 $ 656,021 $ 431,450
Earnings per common share (units) basic      
Net income attributable to MPT common stockholders (Operating Partnership partners), basic $ 1.50 $ 1.11 $ 0.81
Earnings per common share (units) diluted      
Net income attributable to MPT common stockholders (Operating Partnership partners), diluted $ 1.50 $ 1.11 $ 0.81
Weighted average shares (units) outstanding basic 598,634 588,817 529,239
Weighted average shares (units) outstanding diluted 598,837 590,139 530,461