Earnings Per Share/Common Unit (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

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

	For the Three Months Ended June 30,
	2017			2016
Numerator:
Income from continuing operations	$	73,796		$	53,924
Non-controlling interests’ share in net income		(381	)		(200	)
Participating securities’ share in earnings		(100	)		(132	)
Net income, less participating securities’ share in earnings	$	73,315		$	53,592
Denominator:
Basic weighted-average common shares		349,856			238,082
Dilutive potential common shares		463			926
Dilutive weighted-average common shares		350,319			239,008

	For the Six Months Ended June 30,
	2017			2016
Numerator:
Income from continuing operations	$	141,981		$	112,150
Non-controlling interests’ share in continuing operations		(596	)		(498	)
Participating securities’ share in earnings		(225	)		(276	)
Income from continuing operations, less participating securities’ share in earnings		141,160			111,376
Loss from discontinued operations attributable to MPT common stockholders		—			(1	)
Net income, less participating securities’ share in earnings	$	141,160		$	111,375
Denominator:
Basic weighted-average common shares		335,456			237,796
Dilutive potential common shares		415			617
Dilutive weighted-average common  shares		335,871			238,413

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,
	2017			2016
Numerator:
Income from continuing operations	$	73,796		$	53,924
Non-controlling interests’ share in net income		(381	)		(200	)
Participating securities’ share in earnings		(100	)		(132	)
Net income, less participating securities’ share in earnings	$	73,315		$	53,592
Denominator:
Basic weighted-average units		349,856			238,082
Dilutive potential units		463			926
Dilutive weighted-average units		350,319			239,008

	For the Six Months Ended June 30,
	2017			2016
Numerator:
Income from continuing operations	$	141,981		$	112,150
Non-controlling interests’ share in continuing operations		(596	)		(498	)
Participating securities’ share in earnings		(225	)		(276	)
Income from continuing operations, less participating securities’ share in earnings		141,160			111,376
Loss from discontinued operations attributable to MPT Operating Partnership partners		—			(1	)
Net income, less participating securities’ share in earnings	$	141,160		$	111,375
Denominator:
Basic weighted-average units		335,456			237,796
Dilutive potential units		415			617
Dilutive weighted-average units		335,871			238,413