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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net income $ 33,030 $ 631,947
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 87,586 88,760
Amortization of deferred financing costs and debt discount 4,014 5,285
Straight-line rent revenue and other (58,566) (75,385)
Stock / (Unit)-based compensation expense 11,829 11,804
Gain on sale of real estate (62) (451,638)
Real estate and other impairment charges 89,538 4,875
Straight-line rent and other write-off (recovery) 2,192 (2,271)
Debt refinancing and unutilized financing costs   8,816
Tax rate changes (7,305)  
Other adjustments (8,505) (1,040)
Changes in:    
Interest and rent receivables (514) (12,431)
Other assets (2,493) (41)
Accounts payable and accrued expenses (15,696) (21,648)
Deferred revenue 600 (7,646)
Net cash provided by operating activities 135,648 179,387
Investing activities    
Cash paid for acquisitions and other related investments (72,900) (724,795)
Net proceeds from sale of real estate 100 1,711,608
Principal received on loans receivable 221,876 6,355
Investment in loans receivable (50,000) (10,414)
Construction in progress and other (13,292) (36,115)
Capital additions and other investments, net (68,606) (67,605)
Net cash provided by investing activities 17,178 879,034
Financing activities    
Payments of term debt   (869,606)
Revolving credit facilities, net 95,919 (198,599)
Dividends paid (176,580) (176,494)
Lease deposits and other obligations to tenants (2,691) 15,168
Stock vesting - satisfaction of tax withholdings (5,554) (27,919)
Payment of debt refinancing, deferred financing costs, and other financing activities (219) (6,366)
Net cash used for financing activities (89,125) (1,263,816)
Increase (decrease) in cash, cash equivalents, and restricted cash for period 63,701 (205,395)
Effect of exchange rate changes 2,927 (4,721)
Cash, cash equivalents, and restricted cash at beginning of period 241,538 461,882
Cash, cash equivalents, and restricted cash at end of period 308,166 251,766
Interest paid 116,436 111,012
Supplemental schedule of non-cash financing activities:    
Dividends declared, unpaid 174,492 174,018
Cash, cash equivalents, and restricted cash are comprised of the following:    
Cash and cash equivalents at beginning of period 235,668 459,227
Restricted cash, included in Other assets at beginning of period $ 5,870 $ 2,655
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 $ 241,538 $ 461,882
Cash and cash equivalents at end of period 302,321 248,846
Restricted cash, included in Other assets at end of period $ 5,845 $ 2,920
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 $ 308,166 $ 251,766
MPT Operating Partnership, L.P. [Member]    
Operating activities    
Net income 33,030 631,947
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 87,586 88,760
Amortization of deferred financing costs and debt discount 4,014 5,285
Straight-line rent revenue and other (58,566) (75,385)
Stock / (Unit)-based compensation expense 11,829 11,804
Gain on sale of real estate (62) (451,638)
Real estate and other impairment charges 89,538 4,875
Straight-line rent and other write-off (recovery) 2,192 (2,271)
Debt refinancing and unutilized financing costs   8,816
Tax rate changes (7,305)  
Other adjustments (8,505) (1,040)
Changes in:    
Interest and rent receivables (514) (12,431)
Other assets (2,493) (41)
Accounts payable and accrued expenses (15,696) (21,648)
Deferred revenue 600 (7,646)
Net cash provided by operating activities 135,648 179,387
Investing activities    
Cash paid for acquisitions and other related investments (72,900) (724,795)
Net proceeds from sale of real estate 100 1,711,608
Principal received on loans receivable 221,876 6,355
Investment in loans receivable (50,000) (10,414)
Construction in progress and other (13,292) (36,115)
Capital additions and other investments, net (68,606) (67,605)
Net cash provided by investing activities 17,178 879,034
Financing activities    
Payments of term debt   (869,606)
Revolving credit facilities, net 95,919 (198,599)
Dividends paid (176,580) (176,494)
Lease deposits and other obligations to tenants (2,691) 15,168
Stock vesting - satisfaction of tax withholdings (5,554) (27,919)
Payment of debt refinancing, deferred financing costs, and other financing activities (219) (6,366)
Net cash used for financing activities (89,125) (1,263,816)
Increase (decrease) in cash, cash equivalents, and restricted cash for period 63,701 (205,395)
Effect of exchange rate changes 2,927 (4,721)
Cash, cash equivalents, and restricted cash at beginning of period 241,538 461,882
Cash, cash equivalents, and restricted cash at end of period 308,166 251,766
Interest paid 116,436 111,012
Supplemental schedule of non-cash financing activities:    
Dividends declared, unpaid 174,492 174,018
Cash, cash equivalents, and restricted cash are comprised of the following:    
Cash and cash equivalents at beginning of period 235,668 459,227
Restricted cash, included in Other assets at beginning of period $ 5,870 $ 2,655
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 $ 241,538 $ 461,882
Cash and cash equivalents at end of period 302,321 248,846
Restricted cash, included in Other assets at end of period $ 5,845 $ 2,920
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 $ 308,166 $ 251,766