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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 141,981 $ 112,149
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 59,825 45,170
Amortization of deferred financing costs and debt discount 3,139 3,893
Direct financing lease interest accretion (4,690) (4,766)
Straight-line rent revenue (30,173) (17,268)
Share / (Unit)-based compensation expense 4,377 4,152
Gain from sale of real estate and other asset dispositions, net (7,413) (16,678)
Impairment charges   7,375
Straight-line rent and other write-off 1,117 3,063
Unutilized financing fees/debt refinancing costs 14,380 4
Other adjustments (5,747) (6,605)
Changes in:    
Interest and rent receivables (10,786) (2,743)
Accounts payable and accrued expenses (11,126) 9,544
Net cash provided by operating activities 154,884 137,290
Investing activities    
Cash paid for acquisitions and other related investments (600,781) (109,991)
Net proceeds from sale of real estate 64,335 89,165
Principal received on loans receivable 5,188 705,501
Investment in loans receivable (3,574) (96,504)
Construction in progress and other (36,002) (101,113)
Investment in unsecured senior notes   (50,000)
Proceeds from sale of unsecured senior notes   50,000
Other investments, net (67,101) (6,952)
Net cash (used for) provided by investing activities (637,935) 480,106
Financing activities    
Proceeds from term debt 955,280 500,000
Payments of term debt (675,279) (147)
Revolving credit facilities, net (39,911) (1,075,000)
Distributions paid (151,692) (104,788)
Lease deposits and other obligations to tenants 6,669 9,593
Proceeds from sale of common shares, net of offering costs 548,063 44,306
Debt issuance costs paid and other financing activities (16,543) (8,465)
Net cash provided by (used for) financing activities 626,587 (634,501)
Increase (decrease) in cash and cash equivalents for period 143,536 (17,105)
Effect of exchange rate changes 9,588 3,125
Cash and cash equivalents at beginning of period 83,240 195,541
Cash and cash equivalents at end of period 236,364 181,561
Interest paid 63,371 57,118
Supplemental schedule of non-cash financing activities:    
Distributions declared, unpaid 87,519 55,272
MPT Operating Partnership, L.P. [Member]    
Operating activities    
Net income 141,981 112,149
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 59,825 45,170
Amortization of deferred financing costs and debt discount 3,139 3,893
Direct financing lease interest accretion (4,690) (4,766)
Straight-line rent revenue (30,173) (17,268)
Share / (Unit)-based compensation expense 4,377 4,152
Gain from sale of real estate and other asset dispositions, net (7,413) (16,678)
Impairment charges   7,375
Straight-line rent and other write-off 1,117 3,063
Unutilized financing fees/debt refinancing costs 14,380 4
Other adjustments (5,747) (6,605)
Changes in:    
Interest and rent receivables (10,786) (2,743)
Accounts payable and accrued expenses (11,126) 9,544
Net cash provided by operating activities 154,884 137,290
Investing activities    
Cash paid for acquisitions and other related investments (600,781) (109,991)
Net proceeds from sale of real estate 64,335 89,165
Principal received on loans receivable 5,188 705,501
Investment in loans receivable (3,574) (96,504)
Construction in progress and other (36,002) (101,113)
Investment in unsecured senior notes   (50,000)
Proceeds from sale of unsecured senior notes   50,000
Other investments, net (67,101) (6,952)
Net cash (used for) provided by investing activities (637,935) 480,106
Financing activities    
Proceeds from term debt 955,280 500,000
Payments of term debt (675,279) (147)
Revolving credit facilities, net (39,911) (1,075,000)
Distributions paid (151,692) (104,788)
Lease deposits and other obligations to tenants 6,669 9,593
Proceeds from sale of common shares, net of offering costs 548,063 44,306
Debt issuance costs paid and other financing activities (16,543) (8,465)
Net cash provided by (used for) financing activities 626,587 (634,501)
Increase (decrease) in cash and cash equivalents for period 143,536 (17,105)
Effect of exchange rate changes 9,588 3,125
Cash and cash equivalents at beginning of period 83,240 195,541
Cash and cash equivalents at end of period 236,364 181,561
Interest paid 63,371 57,118
Supplemental schedule of non-cash financing activities:    
Distributions declared, unpaid $ 87,519 $ 55,272