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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Rent billed $ 803,375 $ 968,874 $ 931,942
Straight-line rent (127,894) 204,159 241,433
Income from financing leases 127,141 203,580 202,599
Interest and other income 69,177 166,238 168,695
Total revenues 871,799 1,542,851 1,544,669
Expenses      
Interest 411,171 359,036 367,393
Real estate depreciation and amortization 603,360 332,977 321,249
Property-related 41,567 45,697 39,098
General and administrative 145,588 160,494 145,638
Total expenses 1,201,686 898,204 873,378
Other (expense) income      
(loss) gain on sale of real estate (1,815) 536,755 52,471
Real estate and other impairment charges, net (376,907) (268,375) (39,411)
Earnings from equity interests 13,967 40,800 28,488
Debt refinancing and unutilized financing benefit (costs) 285 (9,452) (27,650)
Other (including fair value adjustments on securities) 7,586 15,344 45,699
Total other (expense) income (356,884) 315,072 59,597
(Loss) income before income tax (686,771) 959,719 730,888
Income tax benefit (expense) 130,679 (55,900) (73,948)
Net (loss) income (556,092) 903,819 656,940
Net income attributable to non-controlling interests (384) (1,222) (919)
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners) $ (556,476) $ 902,597 $ 656,021
Earnings per common share (units) basic      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), basic $ (0.93) $ 1.5 $ 1.11
Earnings per common share (units) diluted      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), diluted $ (0.93) $ 1.5 $ 1.11
Weighted average shares (units) outstanding basic 598,518 598,634 588,817
Weighted average shares (units) outstanding diluted 598,518 598,837 590,139
MPT Operating Partnership, L.P. [Member]      
Revenues      
Rent billed $ 803,375 $ 968,874 $ 931,942
Straight-line rent (127,894) 204,159 241,433
Income from financing leases 127,141 203,580 202,599
Interest and other income 69,177 166,238 168,695
Total revenues 871,799 1,542,851 1,544,669
Expenses      
Interest 411,171 359,036 367,393
Real estate depreciation and amortization 603,360 332,977 321,249
Property-related 41,567 45,697 39,098
General and administrative 145,588 160,494 145,638
Total expenses 1,201,686 898,204 873,378
Other (expense) income      
(loss) gain on sale of real estate (1,815) 536,755 52,471
Real estate and other impairment charges, net (376,907) (268,375) (39,411)
Earnings from equity interests 13,967 40,800 28,488
Debt refinancing and unutilized financing benefit (costs) 285 (9,452) (27,650)
Other (including fair value adjustments on securities) 7,586 15,344 45,699
Total other (expense) income (356,884) 315,072 59,597
(Loss) income before income tax (686,771) 959,719 730,888
Income tax benefit (expense) 130,679 (55,900) (73,948)
Net (loss) income (556,092) 903,819 656,940
Net income attributable to non-controlling interests (384) (1,222) (919)
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners) $ (556,476) $ 902,597 $ 656,021
Earnings per common share (units) basic      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), basic $ (0.93) $ 1.5 $ 1.11
Earnings per common share (units) diluted      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), diluted $ (0.93) $ 1.5 $ 1.11
Weighted average shares (units) outstanding basic 598,518 598,634 588,817
Weighted average shares (units) outstanding diluted 598,518 598,837 590,139