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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Calculation of Earnings Per Share

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

 

     For the Three Months
Ended March 31,
 
     2017      2016  

Numerator:

     

Income from continuing operations

   $ 68,185      $ 58,226  

Non-controlling interests’ share in net income

     (215      (298

Participating securities’ share in earnings

     (125      (144
  

 

 

    

 

 

 

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

     67,845        57,784  

Loss from discontinued operations

     —          (1
  

 

 

    

 

 

 

Net income, less participating securities’ share in earnings

   $ 67,845      $ 57,783  
  

 

 

    

 

 

 

Denominator:

     

Basic weighted-average common shares

     321,057        237,510  

Dilutive potential common shares

     366        309  
  

 

 

    

 

 

 

Dilutive weighted-average common shares

     321,423        237,819  
  

 

 

    

 

 

 

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,
 
     2017      2016  

Numerator:

     

Income from continuing operations

   $ 68,185      $ 58,226  

Non-controlling interests’ share in net income

     (215      (298

Participating securities’ share in earnings

     (125      (144
  

 

 

    

 

 

 

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

     67,845        57,784  

Loss from discontinued operations

     —          (1
  

 

 

    

 

 

 

Net income, less participating securities’ share in earnings

   $ 67,845      $ 57,783  
  

 

 

    

 

 

 

Denominator:

     

Basic weighted-average units

     321,057        237,510  

Dilutive potential units

     366        309  
  

 

 

    

 

 

 

Diluted weighted-average units

     321,423        237,819