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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
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 Three Months
Ended March 31,
 
     2015      2014  

Numerator:

     

Income from continuing operations

   $ 35,976       $ 7,309   

Non-controlling interests’ share in continuing operations

     (79      (66

Participating securities’ share in earnings

     (266      (209
  

 

 

    

 

 

 

Income from continuing operations, less participating securities’ share in earnings

  35,631      7,034   

Income (loss) from discontinued operations

  —        (2
  

 

 

    

 

 

 

Net income, less participating securities’ share in earnings

$ 35,631    $ 7,032   
  

 

 

    

 

 

 

Denominator:

Basic weighted-average common shares

  202,958      163,973   

Dilutive potential common shares

  657      576   
  

 

 

    

 

 

 

Dilutive weighted-average common shares

  203,615      164,549   
  

 

 

    

 

 

 

MPT Operating Partnership, L.P.

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

 

     For the Three Months
Ended March 31,
 
     2015      2014  

Numerator:

     

Income from continuing operations

   $ 35,976       $ 7,309   

Non-controlling interests’ share in continuing operations

     (79      (66

Participating securities’ share in earnings

     (266      (209
  

 

 

    

 

 

 

Income from continuing operations, less participating securities’ share in earnings

  35,631      7,034   

Income (loss) from discontinued operations

  —        (2
  

 

 

    

 

 

 

Net income, less participating securities’ share in earnings

$ 35,631    $ 7,032   
  

 

 

    

 

 

 

Denominator:

Basic weighted-average units

  202,958      163,973   

Dilutive potential units

  657      576   
  

 

 

    

 

 

 

Diluted weighted-average units

  203,615      164,549