Earnings Per Share/Common Unit (Tables)

9 Months Ended

Sep. 30, 2012

MPT Operating Partnership, L.P.

Medical Properties Trust, Inc.

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


	For the Three Months Ended September 30,
	2012			2011
Numerator:
Income (loss) from continuing operations	$	23,480		$	(1,904	)
Non-controlling interests’ share in continuing operations		(44	)		(43	)
Participating securities’ share in earnings		(225	)		(264	)

Income (loss) from continuing operations, less participating securities’ share in earnings		23,211			(2,211	)
Income from discontinued operations attributable to MPT common stockholders		8,028			2,372

Net income, less participating securities’ share in earnings	$	31,239		$	161


	For the Three Months Ended September 30,
	2012		2011
Denominator
Basic weighted-average common shares		134,781		110,714
Dilutive share options		1		5

Dilutive weighted-average common shares		134,782		110,719


	For the Nine Months Ended September 30,
	2012			2011
Numerator:
Income from continuing operations	$	52,305		$	9,031
Non-controlling interests’ share in continuing operations		(130	)		(131	)
Participating securities’ share in earnings		(715	)		(860	)

Income from continuing operations, less participating securities’ share in earnings		51,460			8,040
Income from discontinued operations attributable to MPT common stockholders		9,169			4,944

Net income, less participating securities’ share in earnings	$	60,629		$	12,984


	For the Nine Months Ended September 30,
	2012		2011
Denominator

Basic weighted-average common shares		131,467		110,568
Dilutive share options		—		8

Dilutive weighted-average common shares		131,467		110,576

Medical Properties Trust, Inc.

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


	For the Three Months Ended September 30,
	2012			2011
Numerator:
Income (loss) from continuing operations	$	23,480		$	(1,886	)
Non-controlling interests’ share in continuing operations		(44	)		(43	)
Participating securities’ share in earnings		(225	)		(264	)

Income (loss) from continuing operations, less participating securities’ share in earnings		23,211			(2,193	)
Income from discontinued operations attributable to MPT Operating Partnership partners		8,028			2,372

Net income, less participating securities’ share in earnings	$	31,239		$	179


Denominator
Basic weighted-average units		134,781			110,714
Dilutive options		1			5

Dilutive weighted-average units		134,782			110,719


	For the Nine Months Ended September 30,
	2012			2011
Numerator:
Income from continuing operations	$	52,305		$	9,093
Non-controlling interests’ share in continuing operations		(130	)		(131	)
Participating securities’ share in earnings		(715	)		(860	)

Income from continuing operations, less participating securities’ share in earnings		51,460			8,102
Income from discontinued operations attributable to MPT Operating Partnership partners		9,169			4,944

Net income, less participating securities’ share in earnings	$	60,629		$	13,046


Denominator
Basic weighted-average units		131,467			110,568
Dilutive options		—			8

Dilutive weighted-average units		131,467			110,576