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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Rent billed $ 31,878 $ 30,298 $ 95,074 $ 90,680
Straight-line rent 2,853 2,745 8,260 5,429
Income from direct financing leases 11,298 5,773 29,284 12,979
Interest and fee income 14,427 14,037 43,282 33,486
Total revenues 60,456 52,853 175,900 142,574
Expenses        
Real estate depreciation and amortization 8,789 8,308 26,051 24,826
Property-related 458 214 1,520 1,027
General and administrative 6,380 7,052 21,423 21,341
Acquisition expenses 4,179 410 6,457 4,115
Total operating expenses 19,806 15,984 55,451 51,309
Operating income 40,650 36,869 120,449 91,265
Other income (expense)        
Interest and other income (expense) 3 (23) (245) (55)
Earnings from equity and other interests 843 1,065 2,511 1,944
Interest expense (15,830) (15,046) (45,896) (42,730)
Net other expense (14,984) (14,004) (43,630) (40,841)
Income from continuing operations 25,666 22,865 76,819 50,424
Income from discontinued operations 37 8,643 2,498 11,050
Net income 25,703 31,508 79,317 61,474
Net income attributable to non-controlling interests (55) (44) (165) (130)
Net income attributable to MPT common stockholders 25,648 31,464 79,152 61,344
Earnings per common share - basic        
Income from continuing operations attributable to MPT common stockholders $ 0.16 $ 0.17 $ 0.51 $ 0.38
Income from discontinued operations attributable to MPT common stockholders   $ 0.06 $ 0.02 $ 0.08
Net income attributable to MPT common stockholders $ 0.16 $ 0.23 $ 0.53 $ 0.46
Earnings per common share - diluted        
Income from continuing operations attributable to MPT common stockholders $ 0.16 $ 0.17 $ 0.51 $ 0.38
Income from discontinued operations attributable to MPT common stockholders   $ 0.06 $ 0.02 $ 0.08
Net income attributable to MPT common stockholders $ 0.16 $ 0.23 $ 0.53 $ 0.46
Weighted average shares outstanding:        
Basic 154,758 134,781 148,204 131,467
Diluted 155,969 134,782 149,517 131,467
Dividends declared per common share $ 0.20 $ 0.20 $ 0.60 $ 0.60
MPT Operating Partnership, L.P.
       
Revenues        
Rent billed 31,878 30,298 95,074 90,680
Straight-line rent 2,853 2,745 8,260 5,429
Income from direct financing leases 11,298 5,773 29,284 12,979
Interest and fee income 14,427 14,037 43,282 33,486
Total revenues 60,456 52,853 175,900 142,574
Expenses        
Real estate depreciation and amortization 8,789 8,308 26,051 24,826
Property-related 458 214 1,520 1,027
General and administrative 6,380 7,052 21,423 21,341
Acquisition expenses 4,179 410 6,457 4,115
Total operating expenses 19,806 15,984 55,451 51,309
Operating income 40,650 36,869 120,449 91,265
Other income (expense)        
Interest and other income (expense) 3 (23) (245) (55)
Earnings from equity and other interests 843 1,065 2,511 1,944
Interest expense (15,830) (15,046) (45,896) (42,730)
Net other expense (14,984) (14,004) (43,630) (40,841)
Income from continuing operations 25,666 22,865 76,819 50,424
Income from discontinued operations 37 8,643 2,498 11,050
Net income 25,703 31,508 79,317 61,474
Net income attributable to non-controlling interests (55) (44) (165) (130)
Net income attributable to MPT common stockholders $ 25,648 $ 31,464 $ 79,152 $ 61,344
Earnings per common share - basic        
Income from continuing operations attributable to MPT common stockholders $ 0.16 $ 0.17 $ 0.51 $ 0.38
Income from discontinued operations attributable to MPT common stockholders   $ 0.06 $ 0.02 $ 0.08
Net income attributable to MPT common stockholders $ 0.16 $ 0.23 $ 0.53 $ 0.46
Earnings per common share - diluted        
Income from continuing operations attributable to MPT common stockholders $ 0.16 $ 0.17 $ 0.51 $ 0.38
Income from discontinued operations attributable to MPT common stockholders   $ 0.06 $ 0.02 $ 0.08
Net income attributable to MPT common stockholders $ 0.16 $ 0.23 $ 0.53 $ 0.46
Weighted average shares outstanding:        
Basic 154,758 134,781 148,204 131,467
Diluted 155,969 134,782 149,517 131,467
Dividends declared per common share $ 0.20 $ 0.20 $ 0.60 $ 0.60