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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Rent billed $ 435,782 $ 327,269 $ 247,604
Straight-line rent 65,468 41,067 23,375
Income from direct financing leases 74,495 64,307 58,715
Interest and fee income 129,000 108,494 112,184
Total revenues 704,745 541,137 441,878
Expenses      
Real estate depreciation and amortization 125,106 94,374 69,867
Impairment charges   7,229  
Property-related 5,811 2,712 3,792
Acquisition expenses 29,645 46,273 61,342
General and administrative 58,599 48,911 43,639
Total operating expenses 219,161 199,499 178,640
Operating income 485,584 341,638 263,238
Other income (expense)      
Interest expense (176,954) (159,597) (120,884)
Gain on sale of real estate and other asset dispositions, net 7,431 61,224 3,268
Earnings (losses) from equity and other interests 10,058 (1,116) 2,849
Unutilized financing fees/ debt refinancing costs (32,574) (22,539) (4,367)
Other income (expense) 374 (502) (2,674)
Income tax (expense) benefit (2,681) 6,830 (1,503)
Net other expenses (194,346) (115,700) (123,311)
Income from continuing operations 291,238 225,938 139,927
Loss from discontinued operations   (1)  
Net income 291,238 225,937 139,927
Net income attributable to non-controlling interests (1,445) (889) (329)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 289,793 $ 225,048 $ 139,598
Earnings per share - basic      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.64
Loss from discontinued operations attributable to MPT common stockholders(Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.64
Weighted average shares outstanding - basic 349,902 260,414 217,997
Earnings per share - diluted      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.63
Loss from discontinued operations attributable to MPT common stockholders(Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.63
Weighted average shares outstanding - diluted 350,441 261,072 218,304
MPT Operating Partnership, L.P. [Member]      
Revenues      
Rent billed $ 435,782 $ 327,269 $ 247,604
Straight-line rent 65,468 41,067 23,375
Income from direct financing leases 74,495 64,307 58,715
Interest and fee income 129,000 108,494 112,184
Total revenues 704,745 541,137 441,878
Expenses      
Real estate depreciation and amortization 125,106 94,374 69,867
Impairment charges   7,229  
Property-related 5,811 2,712 3,792
Acquisition expenses 29,645 46,273 61,342
General and administrative 58,599 48,911 43,639
Total operating expenses 219,161 199,499 178,640
Operating income 485,584 341,638 263,238
Other income (expense)      
Interest expense (176,954) (159,597) (120,884)
Gain on sale of real estate and other asset dispositions, net 7,431 61,224 3,268
Earnings (losses) from equity and other interests 10,058 (1,116) 2,849
Unutilized financing fees/ debt refinancing costs (32,574) (22,539) (4,367)
Other income (expense) 374 (502) (2,674)
Income tax (expense) benefit (2,681) 6,830 (1,503)
Net other expenses (194,346) (115,700) (123,311)
Income from continuing operations 291,238 225,938 139,927
Loss from discontinued operations   (1)  
Net income 291,238 225,937 139,927
Net income attributable to non-controlling interests (1,445) (889) (329)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 289,793 $ 225,048 $ 139,598
Earnings per share - basic      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.64
Loss from discontinued operations attributable to MPT common stockholders(Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.64
Weighted average shares outstanding - basic 349,902 260,414 217,997
Earnings per share - diluted      
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.63
Loss from discontinued operations attributable to MPT common stockholders(Operating Partnership partners) 0 0 0
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.82 $ 0.86 $ 0.63
Weighted average shares outstanding - diluted 350,441 261,072 218,304