Earnings Per Share/Unit (Tables)

12 Months Ended

Dec. 31, 2016

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,
	2016			2015			2014
Numerator:
Income from continuing operations	$	225,938		$	139,927		$	50,798
Non-controlling interests’ share in continuing operations		(889	)		(329	)		(274	)
Participating securities’ share in earnings		(559	)		(1,029	)		(894	)
Income from continuing operations, less participating securities’ share in earnings		224,490			138,569			49,630
Income (loss) from discontinued operations attributable to MPT common stockholders		(1	)		—			(2	)
Net income, less participating securities’ share in earnings	$	224,489		$	138,569		$	49,628
Denominator:
Basic weighted-average common shares		260,414			217,997			169,999
Dilutive potential common shares		658			307			541
Diluted weighted-average common shares		261,072			218,304			170,540

MPT Operating Partnership, L.P.

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

	For the Years Ended December 31,
	2016			2015			2014
Numerator:
Income from continuing operations	$	225,938		$	139,927		$	50,798
Non-controlling interests’ share in continuing operations		(889	)		(329	)		(274	)
Participating securities’ share in earnings		(559	)		(1,029	)		(894	)
Income from continuing operations, less participating securities’ share in earnings		224,490			138,569			49,630
Income (loss) from discontinued operations attributable to MPT Operating Partnership partners		(1	)		—			(2	)
Net income, less participating securities’ share in earnings	$	224,489		$	138,569		$	49,628
Denominator:
Basic weighted-average units		260,414			217,997			169,999
Dilutive potential units		658			307			541
Diluted weighted-average units		261,072			218,304			170,540