XML 56 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE
12 Months Ended
Dec. 31, 2013
Mortgage Loans On Real Estate [Abstract]  
SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE

SCHEDULE IV — MORTGAGE LOANS ON REAL ESTATE

MEDICAL PROPERTIES TRUST, INC. AND MPT OPERATING PARTNERSHIP, L.P.

 

Column A

  Column B     Column C     Column D   Column E     Column F     Column G(3)     Column H  

Description

  Interest
Rate
    Final
Maturity
Date
    Periodic Payment
Terms
  Prior
Liens
    Face
Amount of
Mortgages
    Carrying
Amount of
Mortgages
    Principal
Amount of
Loans
Subject to
Delinquent
Principal or
Interest
 
    (Dollar amounts in thousands)  

Long-term first mortgage loan:

      Payable in monthly
installments of
interest plus
principal payable
in full at maturity
       

Desert Valley Hospital

    10.7     2022          (1   $ 70,000      $ 70,000        (2

Desert Valley Hospital

    11.3     2022          (1     20,000        20,000        (2

Chino Valley Medical Center

    10.7     2022          (1     50,000        50,000        (2

Paradise Valley Hospital

    10.3     2022          (1     25,000        25,000        (2

Ernest Mortgage Loan(4)

    9.2     2032          (1     100,000        100,000        (2

Centinela Hospital Medical Center

    10.5     2022          (1     100,000        100,000        (2

Olympia Medical Center

    11.0     2024          (1     20,000        20,000        (2

Denham Springs LTACH

    6.0     2014          (1     3,650        3,650        (2
         

 

 

   

 

 

   
          $ 388,650      $ 388,650     
         

 

 

   

 

 

   

 

(1) There were no prior liens on loans as of December 31, 2013.
(2) The mortgage loan was not delinquent with respect to principal or interest.
(3) The aggregate cost for Federal income tax purposes is $388,650.
(4) Mortgage loans on four properties.

Changes in mortgage loans for the years ended December 31, 2013, 2012, and 2011 are summarized as follows:

 

     Year Ended December 31,  
     2013      2012      2011  
     (Dollar amounts in thousands)  

Balance at beginning of year

   $ 368,650       $ 165,000       $ 165,000   

Additions during year:

        

New mortgage loans and additional advances on existing loans

     20,000         203,650         —    
  

 

 

    

 

 

    

 

 

 
     388,650         368,650         165,000   
  

 

 

    

 

 

    

 

 

 

Deductions during year:

        

Collection of principal

     —          —          —    
  

 

 

    

 

 

    

 

 

 
     —          —          —    
  

 

 

    

 

 

    

 

 

 

Balance at end of year

   $ 388,650       $ 368,650       $ 165,000