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Condensed Consolidated Statements of Net Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Rent billed $ 177,860 $ 183,764 $ 343,050 $ 383,063
Straight-line rent 39,665 38,381 79,792 83,117
Income from financing leases 9,923 27,641 19,828 44,034
Interest and other income 12,911 16,774 21,488 27,662
Total revenues 240,359 266,560 464,158 537,876
Expenses        
Interest 129,709 101,430 245,510 210,115
Real estate depreciation and amortization 66,717 102,240 131,289 177,826
Property-related 10,863 7,663 17,898 12,481
General and administrative 26,197 35,327 68,108 68,675
Total expenses 233,486 246,660 462,805 469,097
Other (expense) income        
Gain on sale of real estate 5,212 384,824 13,271 383,401
Real estate and other impairment charges, net (1,421) (137,419) (77,523) (830,507)
Earnings (loss) from equity interests 25,324 (401,757) 39,310 (391,208)
Debt refinancing and unutilized financing benefit (costs) 181 (2,964) (3,615) (2,964)
Other (including fair value adjustments on securities) (124,434) (167,686) (169,640) (397,031)
Total other expense (95,138) (325,002) (198,197) (1,238,309)
Loss before income tax (88,265) (305,102) (196,844) (1,169,530)
Income tax expense (9,803) (14,557) (19,240) (25,506)
Net loss (98,068) (319,659) (216,084) (1,195,036)
Net income attributable to non-controlling interests (289) (976) (548) (1,224)
Net loss attributable to MPT common stockholders $ (98,357) $ (320,635) $ (216,632) $ (1,196,260)
Earnings per common share - basic        
Net loss attributable to MPT common stockholders, basic $ (0.16) $ (0.54) $ (0.36) $ (1.99)
Earnings per common share diluted        
Net loss attributable to MPT common stockholders, diluted $ (0.16) $ (0.54) $ (0.36) $ (1.99)
Weighted average shares (units) outstanding basic 600,814 600,057 600,733 600,181
Weighted average shares (units) outstanding diluted 600,814 600,057 600,733 600,181
Dividends declared per common share (unit) $ 0.08 $ 0.3 $ 0.16 $ 0.3
MPT Operating Partnership, L.P. [Member]        
Revenues        
Rent billed $ 177,860 $ 183,764 $ 343,050 $ 383,063
Straight-line rent 39,665 38,381 79,792 83,117
Income from financing leases 9,923 27,641 19,828 44,034
Interest and other income 12,911 16,774 21,488 27,662
Total revenues 240,359 266,560 464,158 537,876
Expenses        
Interest 129,709 101,430 245,510 210,115
Real estate depreciation and amortization 66,717 102,240 131,289 177,826
Property-related 10,863 7,663 17,898 12,481
General and administrative 26,197 35,327 68,108 68,675
Total expenses 233,486 246,660 462,805 469,097
Other (expense) income        
Gain on sale of real estate 5,212 384,824 13,271 383,401
Real estate and other impairment charges, net (1,421) (137,419) (77,523) (830,507)
Earnings (loss) from equity interests 25,324 (401,757) 39,310 (391,208)
Debt refinancing and unutilized financing benefit (costs) 181 (2,964) (3,615) (2,964)
Other (including fair value adjustments on securities) (124,434) (167,686) (169,640) (397,031)
Total other expense (95,138) (325,002) (198,197) (1,238,309)
Loss before income tax (88,265) (305,102) (196,844) (1,169,530)
Income tax expense (9,803) (14,557) (19,240) (25,506)
Net loss (98,068) (319,659) (216,084) (1,195,036)
Net income attributable to non-controlling interests (289) (976) (548) (1,224)
Net loss attributable to MPT common stockholders $ (98,357) $ (320,635) $ (216,632) $ (1,196,260)
Earnings per common share - basic        
Net loss attributable to MPT common stockholders, basic $ (0.16) $ (0.54) $ (0.36) $ (1.99)
Earnings per common share diluted        
Net loss attributable to MPT common stockholders, diluted $ (0.16) $ (0.54) $ (0.36) $ (1.99)
Weighted average shares (units) outstanding basic 600,814 600,057 600,733 600,181
Weighted average shares (units) outstanding diluted 600,814 600,057 600,733 600,181
Dividends declared per common share (unit) $ 0.08 $ 0.3 $ 0.16 $ 0.3