Earnings Per Share/Unit (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

Medical Properties Trust, Inc.

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

	For the Years Ended December 31,
	2013			2012			2011
Numerator:
Income from continuing operations	$	89,301		$	72,870		$	12,120
Non-controlling interests’ share in continuing operations		(224	)		(177	)		(178	)
Participating securities’ share in earnings		(729	)		(887	)		(1,090	)
Income from continuing operations, less participating securities’ share in earnings		88,348			71,806			10,852
Income from discontinued operations attributable to MPT common stockholders		7,914			17,207			14,594
Net income, less participating securities’ share in earnings	$	96,262		$	89,013		$	25,446
Denominator:
Basic weighted-average common shares		151,439			132,331			110,623
Dilutive potential common shares		1,159			2			6
Diluted weighted-average common shares		152,598			132,333			110,629

MPT Operating Partnership, L.P.

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

	For the Years Ended December 31,
	2013			2012			2011
Numerator:
Income from continuing operations	$	89,301		$	72,870		$	12,137
Non-controlling interests’ share in continuing operations		(244	)		(177	)		(178	)
Participating securities’ share in earnings		(729	)		(887	)		(1,090	)
Income from continuing operations, less participating securities’ share in earnings		88,328			71,806			10,869
Income from discontinued operations attributable to MPT Operating Partnership partners		7,914			17,207			14,594
Net income, less participating securities’ share in earnings	$	96,242		$	89,013		$	25,463
Denominator:
Basic weighted-average units		151,439			132,331			110,623
Dilutive potential units		1,159			2			6
Diluted weighted-average units		152,598			132,333			110,629