Earnings Per Share/Unit (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31,
	2022			2021
Numerator:
Net income	$	631,947		$	163,880
Non-controlling interests’ share in net income		(266	)		(97	)
Participating securities’ share in earnings		(402	)		(370	)
Net income, less participating securities’ share in earnings	$	631,279		$	163,413
Denominator:
Basic weighted-average common shares		598,676			576,240
Dilutive potential common shares		256			1,301
Diluted weighted-average common shares		598,932			577,541

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,
	2022			2021
Numerator:
Net income	$	631,947		$	163,880
Non-controlling interests’ share in net income		(266	)		(97	)
Participating securities’ share in earnings		(402	)		(370	)
Net income, less participating securities’ share in earnings	$	631,279		$	163,413
Denominator:
Basic weighted-average units		598,676			576,240
Dilutive potential units		256			1,301
Diluted weighted-average units		598,932			577,541