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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Rent billed $ 327,269 $ 247,604 $ 187,018
Straight-line rent 41,067 23,375 13,507
Income from direct financing leases 64,307 58,715 49,155
Interest and fee income 108,494 112,184 62,852
Total revenues 541,137 441,878 312,532
Expenses      
Real estate depreciation and amortization 94,374 69,867 53,938
Impairment charges 7,229   50,128
Property-related 2,712 3,792 1,851
Acquisition expenses 46,273 61,342 26,389
General and administrative 48,911 43,639 37,274
Total operating expenses 199,499 178,640 169,580
Operating income 341,638 263,238 142,952
Other income (expense)      
Interest expense (159,597) (120,884) (98,156)
Gain on sale of real estate and other asset dispositions, net 61,224 3,268 2,857
Earnings from equity and other interests (1,116) 2,849 2,559
Unutilized financing fees/ debt refinancing costs (22,539) (4,367) (1,698)
Other income (expense) (502) (2,674) 2,624
Income tax benefit (expense) 6,830 (1,503) (340)
Net other expenses (115,700) (123,311) (92,154)
Income from continuing operations 225,938 139,927 50,798
Loss from discontinued operations (1)   (2)
Net income 225,937 139,927 50,796
Net income attributable to non-controlling interests (889) (329) (274)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 225,048 $ 139,598 $ 50,522
Earnings per share - basic      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.64 $ 0.29
Income from discontinued operations attributable to MPT common stockholders (Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.64 $ 0.29
Weighted average shares outstanding - basic 260,414 217,997 169,999
Earnings per share - diluted      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.63 $ 0.29
Income from discontinued operations attributable to MPT common stockholders (Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.63 $ 0.29
Weighted average shares outstanding - diluted 261,072 218,304 170,540
MPT Operating Partnership, L.P. [Member]      
Revenues      
Rent billed $ 327,269 $ 247,604 $ 187,018
Straight-line rent 41,067 23,375 13,507
Income from direct financing leases 64,307 58,715 49,155
Interest and fee income 108,494 112,184 62,852
Total revenues 541,137 441,878 312,532
Expenses      
Real estate depreciation and amortization 94,374 69,867 53,938
Impairment charges 7,229   50,128
Property-related 2,712 3,792 1,851
Acquisition expenses 46,273 61,342 26,389
General and administrative 48,911 43,639 37,274
Total operating expenses 199,499 178,640 169,580
Operating income 341,638 263,238 142,952
Other income (expense)      
Interest expense (159,597) (120,884) (98,156)
Gain on sale of real estate and other asset dispositions, net 61,224 3,268 2,857
Earnings from equity and other interests (1,116) 2,849 2,559
Unutilized financing fees/ debt refinancing costs (22,539) (4,367) (1,698)
Other income (expense) (502) (2,674) 2,624
Income tax benefit (expense) 6,830 (1,503) (340)
Net other expenses (115,700) (123,311) (92,154)
Income from continuing operations 225,938 139,927 50,798
Loss from discontinued operations (1)   (2)
Net income 225,937 139,927 50,796
Net income attributable to non-controlling interests (889) (329) (274)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 225,048 $ 139,598 $ 50,522
Earnings per share - basic      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.64 $ 0.29
Income from discontinued operations attributable to MPT common stockholders (Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.64 $ 0.29
Weighted average shares outstanding - basic 260,414 217,997 169,999
Earnings per share - diluted      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.63 $ 0.29
Income from discontinued operations attributable to MPT common stockholders (Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.86 $ 0.63 $ 0.29
Weighted average shares outstanding - diluted 261,072 218,304 170,540