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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Rent billed $ 31,359 $ 30,696 $ 63,196 $ 60,383
Straight-line rent 2,746 1,324 5,407 2,683
Income from direct financing leases 9,230 5,371 17,986 7,206
Interest and fee income 14,138 11,527 28,855 19,449
Total revenues 57,473 48,918 115,444 89,721
Expenses        
Real estate depreciation and amortization 8,718 8,337 17,262 16,518
Property-related 649 586 1,062 813
General and administrative 7,225 6,697 15,044 14,289
Acquisition expenses 2,088 279 2,278 3,704
Total operating expenses 18,680 15,899 35,646 35,324
Operating income 38,793 33,019 79,798 54,397
Other income (expense)        
Interest and other income (expense) (23) (17) (248) (32)
Earnings from equity and other interests 1,176 879 1,668 879
Interest expense (14,641) (14,889) (30,065) (27,684)
Net other expense (13,488) (14,027) (28,645) (26,837)
Income from continuing operations 25,305 18,992 51,153 27,560
Income from discontinued operations 2,100 368 2,461 2,407
Net income 27,405 19,360 53,614 29,967
Net income attributable to non-controlling interests (57) (44) (110) (87)
Net income attributable to MPT common stockholders 27,348 19,316 53,504 29,880
Earnings per common share - basic        
Income from continuing operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.17 $ 0.14 $ 0.35 $ 0.21
Income from discontinued operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.01   $ 0.02 $ 0.02
Net income attributable to MPT common stockholders $ 0.18 $ 0.14 $ 0.37 $ 0.23
Earnings per common share -diluted        
Income from continuing operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.17 $ 0.14 $ 0.34 $ 0.21
Income from discontinued operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.01   $ 0.02 $ 0.02
Net income attributable to MPT common stockholders $ 0.18 $ 0.14 $ 0.36 $ 0.23
Weighted average shares outstanding:        
Basic 149,509 134,715 144,928 129,810
Diluted 151,056 134,715 146,291 129,810
Dividends declared per common share $ 0.20 $ 0.20 $ 0.40 $ 0.40
MPT Operating Partnership, L.P.
       
Revenues        
Rent billed 31,359 30,696 63,196 60,383
Straight-line rent 2,746 1,324 5,407 2,683
Income from direct financing leases 9,230 5,371 17,986 7,206
Interest and fee income 14,138 11,527 28,855 19,449
Total revenues 57,473 48,918 115,444 89,721
Expenses        
Real estate depreciation and amortization 8,718 8,337 17,262 16,518
Property-related 649 586 1,062 813
General and administrative 7,225 6,697 15,044 14,289
Acquisition expenses 2,088 279 2,278 3,704
Total operating expenses 18,680 15,899 35,646 35,324
Operating income 38,793 33,019 79,798 54,397
Other income (expense)        
Interest and other income (expense) (23) (17) (248) (32)
Earnings from equity and other interests 1,176 879 1,668 879
Interest expense (14,641) (14,889) (30,065) (27,684)
Net other expense (13,488) (14,027) (28,645) (26,837)
Income from continuing operations 25,305 18,992 51,153 27,560
Income from discontinued operations 2,100 368 2,461 2,407
Net income 27,405 19,360 53,614 29,967
Net income attributable to non-controlling interests (57) (44) (110) (87)
Net income attributable to MPT common stockholders $ 27,348 $ 19,316 $ 53,504 $ 29,880
Earnings per common share - basic        
Income from continuing operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.17 $ 0.14 $ 0.35 $ 0.21
Income from discontinued operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.01   $ 0.02 $ 0.02
Net income attributable to MPT common stockholders $ 0.18 $ 0.14 $ 0.37 $ 0.23
Earnings per common share -diluted        
Income from continuing operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.17 $ 0.14 $ 0.34 $ 0.21
Income from discontinued operations attributable to MPT common stockholders/MPT Operating Partnership partners $ 0.01   $ 0.02 $ 0.02
Net income attributable to MPT common stockholders $ 0.18 $ 0.14 $ 0.36 $ 0.23
Weighted average shares outstanding:        
Basic 149,509 134,715 144,928 129,810
Diluted 151,056 134,715 146,291 129,810
Dividends declared per common share $ 0.2 $ 0.2 $ 0.4 $ 0.4