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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Rent billed $ 719,749 $ 803,375 $ 968,874
Straight-line rent 163,414 (127,894) 204,159
Income from financing leases 63,651 127,141 203,580
Interest and other income 48,733 69,177 166,238
Total revenues 995,547 871,799 1,542,851
Expenses      
Interest 417,824 411,171 359,036
Real estate depreciation and amortization 447,657 603,360 332,977
Property-related 27,255 41,567 45,697
General and administrative 133,789 145,588 160,494
Total expenses 1,026,525 1,201,686 898,204
Other (expense) income      
Gain (loss) on sale of real estate 478,693 (1,815) 536,755
Real estate and other impairment charges, net (1,825,402) (376,907) (268,375)
(Loss) earnings from equity interests (366,642) 13,967 40,800
Debt refinancing and unutilized financing (costs) benefit (4,292) 285 (9,452)
Other (including fair value adjustments on securities) (615,565) 7,586 15,344
Total other (expense) income (2,333,208) (356,884) 315,072
(Loss) income before income tax (2,364,186) (686,771) 959,719
Income tax (expense) benefit (44,101) 130,679 (55,900)
Net (loss) income (2,408,287) (556,092) 903,819
Net income attributable to non-controlling interests (1,984) (384) (1,222)
Net (loss) income attributable to MPT common stockholders $ (2,410,271) $ (556,476) $ 902,597
Earnings per common share (units) basic      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), basic $ (4.02) $ (0.93) $ 1.5
Earnings per common share (units) diluted      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), diluted $ (4.02) $ (0.93) $ 1.5
Weighted average shares (units) outstanding basic 600,248 598,518 598,634
Weighted average shares (units) outstanding diluted 600,248 598,518 598,837
MPT Operating Partnership, L.P. [Member]      
Revenues      
Rent billed $ 719,749 $ 803,375 $ 968,874
Straight-line rent 163,414 (127,894) 204,159
Income from financing leases 63,651 127,141 203,580
Interest and other income 48,733 69,177 166,238
Total revenues 995,547 871,799 1,542,851
Expenses      
Interest 417,824 411,171 359,036
Real estate depreciation and amortization 447,657 603,360 332,977
Property-related 27,255 41,567 45,697
General and administrative 133,789 145,588 160,494
Total expenses 1,026,525 1,201,686 898,204
Other (expense) income      
Gain (loss) on sale of real estate 478,693 (1,815) 536,755
Real estate and other impairment charges, net (1,825,402) (376,907) (268,375)
(Loss) earnings from equity interests (366,642) 13,967 40,800
Debt refinancing and unutilized financing (costs) benefit (4,292) 285 (9,452)
Other (including fair value adjustments on securities) (615,565) 7,586 15,344
Total other (expense) income (2,333,208) (356,884) 315,072
(Loss) income before income tax (2,364,186) (686,771) 959,719
Income tax (expense) benefit (44,101) 130,679 (55,900)
Net (loss) income (2,408,287) (556,092) 903,819
Net income attributable to non-controlling interests (1,984) (384) (1,222)
Net (loss) income attributable to MPT common stockholders $ (2,410,271) $ (556,476) $ 902,597
Earnings per common share (units) basic      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), basic $ (4.02) $ (0.93) $ 1.5
Earnings per common share (units) diluted      
Net (loss) income attributable to MPT common stockholders (Operating Partnership partners), diluted $ (4.02) $ (0.93) $ 1.5
Weighted average shares (units) outstanding basic 600,248 598,518 598,634
Weighted average shares (units) outstanding diluted 600,248 598,518 598,837