Earnings Per Share/Common Unit (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

Medical Properties Trust, Inc.

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

	For the Three Months Ended June 30,
	2016			2015
Numerator:
Income from continuing operations	$	53,924		$	22,489
Non-controlling interests’ share in continuing operations		(200	)		(82	)
Participating securities’ share in earnings		(132	)		(250	)
Income from continuing operations, less participating securities’ share in earnings		53,592			22,157
Income from discontinued operations attributable to MPT common stockholders		—			—
Net income, less participating securities’ share in earnings	$	53,592		$	22,157
Denominator:
Basic weighted-average common shares		238,082			208,071
Dilutive potential common shares		926			569
Dilutive weighted-average common shares		239,008			208,640

	For the Six Months Ended June 30,
	2016			2015
Numerator:
Income from continuing operations	$	112,150		$	58,465
Non-controlling interests’ share in continuing operations		(498	)		(161	)
Participating securities’ share in earnings		(276	)		(516	)
Income from continuing operations, less participating securities’ share in earnings		111,376			57,788
Loss from discontinued operations attributable to MPT common stockholders		(1	)		—
Net income, less participating securities’ share in earnings	$	111,375		$	57,788
Denominator:
Basic weighted-average common shares		237,796			205,515
Dilutive potential common shares		617			612
Dilutive weighted-average common shares		238,413			206,127

MPT Operating Partnership, L.P.

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

	For the Three Months Ended June 30,
	2016			2015
Numerator:
Income from continuing operations	$	53,924		$	22,489
Non-controlling interests’ share in continuing operations		(200	)		(82	)
Participating securities’ share in earnings		(132	)		(250	)
Income from continuing operations, less participating securities’ share in earnings		53,592			22,157
Income from discontinued operations attributable to MPT Operating Partnership partners		—			—
Net income, less participating securities’ share in earnings	$	53,592		$	22,157
Denominator:
Basic weighted-average units		238,082			208,071
Dilutive potential units		926			569
Dilutive weighted-average units		239,008			208,640

	For the Six Months Ended June 30,
	2016			2015
Numerator:
Income from continuing operations	$	112,150		$	58,465
Non-controlling interests’ share in continuing operations		(498	)		(161	)
Participating securities’ share in earnings		(276	)		(516	)
Income from continuing operations, less participating securities’ share in earnings		111,376			57,788
Loss from discontinued operations attributable to MPT Operating Partnership partners		(1	)		—
Net income, less participating securities’ share in earnings	$	111,375		$	57,788
Denominator:
Basic weighted-average units		237,796			205,515
Dilutive potential units		617			612
Dilutive weighted-average units		238,413			206,127