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Condensed Consolidated Statements of Income (Unaudited)(USD ($))
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
MPT Operating Partnership, L.P. [Member]
Sep. 30, 2013
MPT Operating Partnership, L.P. [Member]
Sep. 30, 2014
MPT Operating Partnership, L.P. [Member]
Sep. 30, 2013
MPT Operating Partnership, L.P. [Member]
Revenues                
Rent billed $ 48,063 $ 31,544 $ 136,952 $ 94,072 $ 48,063 $ 31,544 $ 136,952 $ 94,072
Straight-line rent 5,282 2,884 10,648 8,352 5,282 2,884 10,648 8,352
Income from direct financing leases 12,308 11,298 36,787 29,284 12,308 11,298 36,787 29,284
Interest and fee income 15,124 14,380 46,039 43,136 15,124 14,380 46,039 43,136
Total revenues 80,777 60,106 230,426 174,844 80,777 60,106 230,426 174,844
Expenses                
Real estate depreciation and amortization 13,354 8,714 39,485 25,827 13,354 8,714 39,485 25,827
Impairment charges     50,128       50,128  
Property-related 700 458 1,401 1,520 700 458 1,401 1,520
General and administrative 8,672 6,285 25,836 21,162 8,672 6,285 25,836 21,162
Acquisition expenses 4,886 4,179 7,933 6,457 4,886 4,179 7,933 6,457
Total operating expenses 27,612 19,636 124,783 54,966 27,612 19,636 124,783 54,966
Operating income 53,165 40,470 105,643 119,878 53,165 40,470 105,643 119,878
Other income (expense)                
Interest and other income (expense) 75 3 44 (245) 75 3 44 (245)
Earnings from equity and other interests 1,153 843 2,059 2,511 1,153 843 2,059 2,511
Interest income (expense) (25,481) (15,830) (71,455) (45,896) (25,481) (15,830) (71,455) (45,896)
Debt refinancing costs     (290)       (290)  
Income tax benefit (expense) (249) (94) (232) (261) (249) (94) (232) (261)
Net other expense (24,502) (15,078) (69,874) (43,891) (24,502) (15,078) (69,874) (43,891)
Income from continuing operations 28,663 25,392 35,769 75,987 28,663 25,392 35,769 75,987
Income (loss) from discontinued operations    311 (2) 3,330   311 (2) 3,330
Net income 28,663 25,703 35,767 79,317 28,663 25,703 35,767 79,317
Net income attributable to non-controlling interests (126) (55) (192) (165) (126) (55) (192) (165)
Net income attributable to MPT common stockholders $ 28,537 $ 25,648 $ 35,575 $ 79,152 $ 28,537 $ 25,648 $ 35,575 $ 79,152
Earnings per common share / units - basic                
Income from continuing operations attributable to MPT common stockholders $ 0.16 $ 0.16 $ 0.21 $ 0.51 $ 0.16 $ 0.16 $ 0.21 $ 0.51
Income (loss) from discontinued operations attributable to MPT common stockholders       $ 0.02       $ 0.02
Net income attributable to MPT common stockholders $ 0.16 $ 0.16 $ 0.21 $ 0.53 $ 0.16 $ 0.16 $ 0.21 $ 0.53
Earnings per common share / units - diluted                
Income from continuing operations attributable to MPT common stockholders $ 0.16 $ 0.16 $ 0.21 $ 0.51 $ 0.16 $ 0.16 $ 0.21 $ 0.51
Income (loss) from discontinued operations attributable to MPT common stockholders          $ 0.02       $ 0.02
Net income attributable to MPT common stockholders $ 0.16 $ 0.16 $ 0.21 $ 0.53 $ 0.16 $ 0.16 $ 0.21 $ 0.53
Weighted average shares outstanding:                
Basic 171,893 154,758 169,195 148,204 171,893 154,758 169,195 148,204
Diluted 172,639 155,969 169,852 149,517 172,639 155,969 169,852 149,517
Dividends declared per common share / unit $ 0.21 $ 0.20 $ 0.63 $ 0.60 $ 0.21 $ 0.20 $ 0.63 $ 0.60