Earnings Per Share/Unit

3 Months Ended

Mar. 31, 2023

8. Earnings Per Share/Unit

Medical Properties Trust, Inc.

Our earnings per share were calculated based on the following (amounts in thousands):


	For the Three Months Ended March 31,
	2023			2022
Numerator:
Net income	$	33,030		$	631,947
Non-controlling interests’ share in earnings		(236	)		(266	)
Participating securities’ share in earnings		(515	)		(402	)
Net income, less participating securities’ share in earnings	$	32,279		$	631,279
Denominator:
Basic weighted-average common shares		598,302			598,676
Dilutive potential common shares		8			256
Diluted weighted-average common shares		598,310			598,932

MPT Operating Partnership, L.P.

Our earnings per unit were calculated based on the following (amounts in thousands):


	For the Three Months Ended March 31,
	2023			2022
Numerator:
Net income	$	33,030		$	631,947
Non-controlling interests’ share in earnings		(236	)		(266	)
Participating securities’ share in earnings		(515	)		(402	)
Net income, less participating securities’ share in earnings	$	32,279		$	631,279
Denominator:
Basic weighted-average units		598,302			598,676
Dilutive potential units		8			256
Diluted weighted-average units		598,310			598,932