Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Medical Properties Trust, Inc.

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


	For the Three Months Ended March 31,
	2016			2015
Numerator:
Income from continuing operations	$	58,226		$	35,976
Non-controlling interests’ share in net income		(298	)		(79	)
Participating securities’ share in earnings		(144	)		(266	)

Income from continuing operations, less participating securities’ share in earnings		57,784			35,631
Loss from discontinued operations		(1	)		—

Net income, less participating securities’ share in earnings	$	57,783		$	35,631

Denominator:
Basic weighted-average common shares		237,510			202,958
Dilutive potential common shares		309			657

Dilutive weighted-average common shares		237,819			203,615

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,
	2016			2015
Numerator:
Income from continuing operations	$	58,226		$	35,976
Non-controlling interests’ share in net income		(298	)		(79	)
Participating securities’ share in earnings		(144	)		(266	)

Income from continuing operations, less participating securities’ share in earnings		57,784			35,631
Loss from discontinued operations		(1	)		—

Net income, less participating securities’ share in earnings	$	57,783		$	35,631

Denominator:
Basic weighted-average units		237,510			202,958
Dilutive potential units		309			657

Diluted weighted-average units		237,819			203,615