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Condensed Consolidated Statements of Net Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Rent billed $ 181,001 $ 169,721 $ 524,051 $ 552,784
Straight-line rent 36,405 36,602 116,197 119,719
Income from financing leases 9,944 9,798 29,772 53,832
Interest and other income 10,172 9,706 31,660 37,368
Total revenues 237,522 225,827 701,680 763,703
Expenses        
Interest 132,395 106,243 377,905 316,358
Real estate depreciation and amortization 66,993 204,875 198,282 382,701
Property-related 8,993 4,994 26,891 17,475
General and administrative 37,734 36,625 105,842 105,300
Total expenses 246,115 352,737 708,920 821,834
Other (expense) income        
(Loss) gain on sale of real estate (9,115) 91,795 4,156 475,196
Real estate and other impairment charges, net (81,761) (607,922) (159,284) (1,438,429)
Earnings (loss) from equity interests 34,403 21,643 73,713 (369,565)
Debt refinancing and unutilized financing costs (14) (713) (3,629) (3,677)
Other (including fair value adjustments on securities) (1,498) (169,790) (171,138) (566,821)
Total other expense (57,985) (664,987) (256,182) (1,903,296)
Loss before income tax (66,578) (791,897) (263,422) (1,961,427)
Income tax expense (10,872) (9,032) (30,112) (34,538)
Net loss (77,450) (800,929) (293,534) (1,995,965)
Net income attributable to non-controlling interests (280) (234) (828) (1,458)
Net loss attributable to MPT common stockholders $ (77,730) $ (801,163) $ (294,362) $ (1,997,423)
Earnings per common share - basic        
Net loss attributable to MPT common stockholders, basic $ (0.13) $ (1.34) $ (0.49) $ (3.33)
Earnings per common share diluted        
Net loss attributable to MPT common stockholders, diluted $ (0.13) $ (1.34) $ (0.49) $ (3.33)
Weighted average shares (units) outstanding basic 601,136 600,229 600,867 600,197
Weighted average shares (units) outstanding diluted 601,136 600,229 600,867 600,197
Dividends declared per common share (unit) $ 0.08 $ 0.08 $ 0.24 $ 0.38
MPT Operating Partnership, L.P. [Member]        
Revenues        
Rent billed $ 181,001 $ 169,721 $ 524,051 $ 552,784
Straight-line rent 36,405 36,602 116,197 119,719
Income from financing leases 9,944 9,798 29,772 53,832
Interest and other income 10,172 9,706 31,660 37,368
Total revenues 237,522 225,827 701,680 763,703
Expenses        
Interest 132,395 106,243 377,905 316,358
Real estate depreciation and amortization 66,993 204,875 198,282 382,701
Property-related 8,993 4,994 26,891 17,475
General and administrative 37,734 36,625 105,842 105,300
Total expenses 246,115 352,737 708,920 821,834
Other (expense) income        
(Loss) gain on sale of real estate (9,115) 91,795 4,156 475,196
Real estate and other impairment charges, net (81,761) (607,922) (159,284) (1,438,429)
Earnings (loss) from equity interests 34,403 21,643 73,713 (369,565)
Debt refinancing and unutilized financing costs (14) (713) (3,629) (3,677)
Other (including fair value adjustments on securities) (1,498) (169,790) (171,138) (566,821)
Total other expense (57,985) (664,987) (256,182) (1,903,296)
Loss before income tax (66,578) (791,897) (263,422) (1,961,427)
Income tax expense (10,872) (9,032) (30,112) (34,538)
Net loss (77,450) (800,929) (293,534) (1,995,965)
Net income attributable to non-controlling interests (280) (234) (828) (1,458)
Net loss attributable to MPT common stockholders $ (77,730) $ (801,163) $ (294,362) $ (1,997,423)
Earnings per common share - basic        
Net loss attributable to MPT common stockholders, basic $ (0.13) $ (1.34) $ (0.49) $ (3.33)
Earnings per common share diluted        
Net loss attributable to MPT common stockholders, diluted $ (0.13) $ (1.34) $ (0.49) $ (3.33)
Weighted average shares (units) outstanding basic 601,136 600,229 600,867 600,197
Weighted average shares (units) outstanding diluted 601,136 600,229 600,867 600,197
Dividends declared per common share (unit) $ 0.08 $ 0.08 $ 0.24 $ 0.38