Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

Medical Properties Trust, Inc.

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

	For the Three Months Ended September 30,
	2018			2017
Numerator:
Net income	$	736,476		$	76,881
Non-controlling interests’ share in net income		(442	)		(417	)
Participating securities’ share in earnings		(290	)		(82	)
Net income, less participating securities’ share in    earnings	$	735,744		$	76,382
Denominator:
Basic weighted-average common shares		365,024			364,315
Dilutive potential common shares		1,443			731
Dilutive weighted-average common shares		366,467			365,046

	For the Nine Months Ended September 30,
	2018			2017
Numerator:
Net income	$	939,536		$	218,862
Non-controlling interests’ share in net income		(1,334	)		(1,013	)
Participating securities’ share in earnings		(808	)		(307	)
Net income, less participating securities’ share in    earnings	$	937,394		$	217,542
Denominator:
Basic weighted-average common shares		364,934			345,076
Dilutive potential common shares		850			520
Dilutive weighted-average common shares		365,784			345,596

MPT Operating Partnership, L.P.

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

	For the Three Months Ended September 30,
	2018			2017
Numerator:
Net income	$	736,476		$	76,881
Non-controlling interests’ share in net income		(442	)		(417	)
Participating securities’ share in earnings		(290	)		(82	)
Net income, less participating securities’ share in    earnings	$	735,744		$	76,382
Denominator:
Basic weighted-average units		365,024			364,315
Dilutive potential units		1,443			731
Diluted weighted-average units		366,467			365,046

	For the Nine Months Ended September 30,
	2018			2017
Numerator:
Net income	$	939,536		$	218,862
Non-controlling interests’ share in net income		(1,334	)		(1,013	)
Participating securities’ share in earnings		(808	)		(307	)
Net income, less participating securities’ share in    earnings	$	937,394		$	217,542
Denominator:
Basic weighted-average units		364,934			345,076
Dilutive potential units		850			520
Diluted weighted-average units		365,784			345,596