Earnings Per Share/Unit (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

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

	For the Three Months Ended March 31,
	2025			2024
Numerator:
Net loss	$	(118,016	)	$	(875,377	)
Non-controlling interests’ share in net income		(259	)		(248	)
Participating securities’ share in earnings		(117	)		—
Net loss, less participating securities’ share in earnings	$	(118,392	)	$	(875,625	)
Denominator:
Basic weighted-average common shares		600,594			600,304
Dilutive potential common shares		—			—
Diluted weighted-average common shares		600,594			600,304

MPT Operating Partnership, L.P.

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

	For the Three Months Ended March 31,
	2025			2024
Numerator:
Net loss	$	(118,016	)	$	(875,377	)
Non-controlling interests’ share in net income		(259	)		(248	)
Participating securities’ share in earnings		(117	)		—
Net loss, less participating securities’ share in earnings	$	(118,392	)	$	(875,625	)
Denominator:
Basic weighted-average units		600,594			600,304
Dilutive potential units		—			—
Diluted weighted-average units		600,594			600,304

(1)The above computation of diluted earnings per share/units does not include 66,244 potential common shares/units for the three months ended March 31, 2025.