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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Real estate assets    
Land, buildings and improvements, intangible lease assets, and other $ 11,506,407 $ 11,259,842
Investment in financing leases 1,004,228 1,057,770
Real estate held for sale 22,754 34,019
Mortgage loans 121,442 119,912
Gross investment in real estate assets 12,654,831 12,471,543
Accumulated depreciation and amortization (1,497,033) (1,422,948)
Net investment in real estate assets 11,157,798 11,048,595
Cash and cash equivalents 673,482 332,335
Interest and rent receivables 26,695 36,327
Straight-line rent receivables 755,585 700,783
Investments in unconsolidated real estate joint ventures 1,189,238 1,156,397
Investments in unconsolidated operating entities 418,074 439,578
Other loans 127,279 109,175
Other assets 505,729 471,404
Total Assets 14,853,880 14,294,594
Liabilities    
Debt, net 9,465,400 8,848,112
Accounts payable and accrued expenses 451,269 454,209
Deferred revenue 25,481 29,445
Obligations to tenants and other lease liabilities 149,652 129,045
Total Liabilities 10,091,802 9,460,811
Equity / Capital    
Preferred stock, $0.001 par value. Authorized 10,000 shares; no shares outstanding
Common stock, $0.001 par value. Authorized 750,000 shares; issued and outstanding - 600,595 shares at March 31, 2025 and 600,403 shares at December 31, 2024 600 600
Additional paid-in capital 8,590,422 8,584,917
Retained deficit (3,825,178) (3,658,516)
Accumulated other comprehensive loss (4,820) (94,272)
Total Medical Properties Trust, Inc. Stockholders' Equity (MPT Operating Partnership, L.P. capital) 4,761,024 4,832,729
Non-controlling interests 1,054 1,054
Total Equity / Capital 4,762,078 4,833,783
Total Liabilities and Equity / Capital 14,853,880 14,294,594
MPT Operating Partnership, L.P. [Member]    
Real estate assets    
Land, buildings and improvements, intangible lease assets, and other 11,506,407 11,259,842
Investment in financing leases 1,004,228 1,057,770
Real estate held for sale 22,754 34,019
Mortgage loans 121,442 119,912
Gross investment in real estate assets 12,654,831 12,471,543
Accumulated depreciation and amortization (1,497,033) (1,422,948)
Net investment in real estate assets 11,157,798 11,048,595
Cash and cash equivalents 673,482 332,335
Interest and rent receivables 26,695 36,327
Straight-line rent receivables 755,585 700,783
Investments in unconsolidated real estate joint ventures 1,189,238 1,156,397
Investments in unconsolidated operating entities 418,074 439,578
Other loans 127,279 109,175
Other assets 505,729 471,404
Total Assets 14,853,880 14,294,594
Liabilities    
Debt, net 9,465,400 8,848,112
Accounts payable and accrued expenses 402,492 405,655
Deferred revenue 25,481 29,445
Obligations to tenants and other lease liabilities 149,652 129,045
Payable due to Medical Properties Trust, Inc. 48,387 48,164
Total Liabilities 10,091,412 9,460,421
Equity / Capital    
General Partner - issued and outstanding - 6,008 units at March 31, 2025 and 6,006 units at December 31, 2024 47,736 49,348
Limited Partners-issued and outstanding- 594,587 units at March 31, 2025 and 594,397 units at December 31, 2024 4,718,498 4,878,043
Accumulated other comprehensive loss (4,820) (94,272)
Total Medical Properties Trust, Inc. Stockholders' Equity (MPT Operating Partnership, L.P. capital) 4,761,414 4,833,119
Non-controlling interests 1,054 1,054
Total Equity / Capital 4,762,468 4,834,173
Total Liabilities and Equity / Capital $ 14,853,880 $ 14,294,594