Earnings Per Share/Unit (Tables)

12 Months Ended

Dec. 31, 2017

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,
	2017			2016			2015
Numerator:
Income from continuing operations	$	291,238		$	225,938		$	139,927
Non-controlling interests’ share in continuing operations		(1,445	)		(889	)		(329	)
Participating securities’ share in earnings		(1,409	)		(559	)		(1,029	)
Income from continuing operations, less participating securities’ share in earnings		288,384			224,490			138,569
Loss from discontinued operations		—			(1	)		—
Net income, less participating securities’ share in earnings	$	288,384		$	224,489		$	138,569
Denominator:
Basic weighted average common shares		349,902			260,414			217,997
Dilutive potential common shares		539			658			307
Diluted weighted average common shares		350,441			261,072			218,304

MPT Operating Partnership, L.P.

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

	For the Years Ended December 31,
	2017			2016			2015
Numerator:
Income from continuing operations	$	291,238		$	225,938		$	139,927
Non-controlling interests’ share in continuing operations		(1,445	)		(889	)		(329	)
Participating securities’ share in earnings		(1,409	)		(559	)		(1,029	)
Income from continuing operations, less participating securities’ share in earnings		288,384			224,490			138,569
Loss from discontinued operations		—			(1	)		—
Net income, less participating securities’ share in earnings	$	288,384		$	224,489		$	138,569
Denominator:
Basic weighted average units		349,902			260,414			217,997
Dilutive potential units		539			658			307
Diluted weighted average units		350,441			261,072			218,304