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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net loss $ (275,937) $ (2,408,287) $ (556,092)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 272,817 453,749 616,127
Amortization of deferred financing costs and debt discount 26,283 17,348 15,775
Straight-line rent revenue and other (158,172) (172,765) (233,703)
Stock / (Unit)-based compensation expense 25,746 32,976 33,250
(Gain) loss on sale of real estate (5,545) (478,693) 1,815
Real estate and other impairment charges, net 193,947 1,825,402 376,907
Equity interest real estate impairment   410,790  
Straight-line rent and other write-off 11,054 2,514 649,911
Debt refinancing and unutilized financing (benefit) costs 3,629 4,292 (285)
Tax rate changes and other (11,231) 5,119 (167,332)
Non-cash fair value adjustments 106,442 563,666 (34,157)
Non-cash revenue from debt and equity securities received     (81,706)
Other adjustments 7,580 4,975 10,287
Changes in:      
Interest and rent receivables 7,111 2,778 (141,729)
Other assets 14,971 (36,109) 13,750
Accounts payable and accrued expenses 21,680 23,481 (4,599)
Deferred revenue (9,608) (5,753) 7,567
Net cash provided by operating activities 230,767 245,483 505,786
Investing activities      
Cash paid for acquisitions and other related investments (142,089) (105,618) (235,187)
Net proceeds from sale of real estate 120,550 1,854,077 897,500
Principal received from sale and repayment of loans receivable 116,309 214,416 501,630
Investment in loans receivable (205,752) (420,324) (250,223)
Construction in progress and other (80,003) (79,788) (114,425)
Proceeds from sale and return of equity investments   11,656 12,430
Capital additions and other investments, net (73,753) (156,078) (294,167)
Net cash (used for) provided by investing activities (264,738) 1,318,341 517,558
Financing activities      
Proceeds from term debt 2,512,970 804,188  
Payments of term debt (2,252,731) (701,809) (988,162)
Revolving credit facilities, net 241,530 (1,131,312) 567,910
Dividends / Distribution paid (193,259) (321,080) (615,390)
Lease deposits and other obligations to tenants (3,202) 2,237 10,139
Offering costs (727)    
Repurchase of common stock / unit (23,441)    
Stock / Unit vesting - satisfaction of tax withholdings (2,474) (3,805) (8,079)
Payment of debt refinancing and deferred financing costs and other financing activities (50,585) (127,798) 13,255
Net cash provided by (used for) financing activities 228,081 (1,479,379) (1,020,327)
Increase in cash, cash equivalents, and restricted cash for the year 194,110 84,445 3,017
Effect of exchange rate changes 14,712 (5,224) 11,397
Cash, cash equivalents, and restricted cash at beginning of year 335,173 255,952 241,538
Cash, cash equivalents, and restricted cash at end of year 543,995 335,173 255,952
Interest paid, including capitalized interest of $12,920 in 2025, $7,642 in 2024, and $14,178 in 2023 458,225 420,315 406,141
Supplemental schedule of non-cash investing activities:      
Debt and equity securities received for certain obligations, real estate, and revenue     804,520
Certain obligations and receivable satisfied and real estate sold 50,000   722,814
Lease incentive provided 50,000    
Supplemental schedule of non-cash financing activities:      
Dividends declared, unpaid 55,351 48,164 92,808
Cash, cash equivalents, and restricted cash are comprised of the following:      
Cash and cash equivalents at beginning of period 332,335 250,016 235,668
Restricted cash, included in Other assets at beginning of period $ 2,838 $ 5,936 $ 5,870
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets Other Assets
Cash, cash equivalents, and restricted cash at beginning of year $ 543,995 $ 335,173 $ 255,952
Cash and cash equivalents at end of period 540,859 332,335 250,016
Restricted cash, included in Other assets at end of period $ 3,136 $ 2,838 $ 5,936
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets Other Assets
Cash, cash equivalents, and restricted cash at end of year $ 543,995 $ 335,173 $ 255,952
MPT Operating Partnership, L.P. [Member]      
Operating activities      
Net loss (275,937) (2,408,287) (556,092)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 272,817 453,749 616,127
Amortization of deferred financing costs and debt discount 26,283 17,348 15,775
Straight-line rent revenue and other (158,172) (172,765) (233,703)
Stock / (Unit)-based compensation expense 25,746 32,976 33,250
(Gain) loss on sale of real estate (5,545) (478,693) 1,815
Real estate and other impairment charges, net 193,947 1,825,402 376,907
Equity interest real estate impairment   410,790  
Straight-line rent and other write-off 11,054 2,514 649,911
Debt refinancing and unutilized financing (benefit) costs 3,629 4,292 (285)
Tax rate changes and other (11,231) 5,119 (167,332)
Non-cash fair value adjustments 106,442 563,666 (34,157)
Non-cash revenue from debt and equity securities received     (81,706)
Other adjustments 7,580 4,975 10,287
Changes in:      
Interest and rent receivables 7,111 2,778 (141,729)
Other assets 14,971 (36,109) 13,750
Accounts payable and accrued expenses 21,680 23,481 (4,599)
Deferred revenue (9,608) (5,753) 7,567
Net cash provided by operating activities 230,767 245,483 505,786
Investing activities      
Cash paid for acquisitions and other related investments (142,089) (105,618) (235,187)
Net proceeds from sale of real estate 120,550 1,854,077 897,500
Principal received from sale and repayment of loans receivable 116,309 214,416 501,630
Investment in loans receivable (205,752) (420,324) (250,223)
Construction in progress and other (80,003) (79,788) (114,425)
Proceeds from sale and return of equity investments   11,656 12,430
Capital additions and other investments, net (73,753) (156,078) (294,167)
Net cash (used for) provided by investing activities (264,738) 1,318,341 517,558
Financing activities      
Proceeds from term debt 2,512,970 804,188  
Payments of term debt (2,252,731) (701,809) (988,162)
Revolving credit facilities, net 241,530 (1,131,312) 567,910
Dividends / Distribution paid (193,259) (321,080) (615,390)
Lease deposits and other obligations to tenants (3,202) 2,237 10,139
Offering costs (727)    
Repurchase of common stock / unit (23,441)    
Stock / Unit vesting - satisfaction of tax withholdings (2,474) (3,805) (8,079)
Payment of debt refinancing and deferred financing costs and other financing activities (50,585) (127,798) 13,255
Net cash provided by (used for) financing activities 228,081 (1,479,379) (1,020,327)
Increase in cash, cash equivalents, and restricted cash for the year 194,110 84,445 3,017
Effect of exchange rate changes 14,712 (5,224) 11,397
Cash, cash equivalents, and restricted cash at beginning of year 335,173 255,952 241,538
Cash, cash equivalents, and restricted cash at end of year 543,995 335,173 255,952
Interest paid, including capitalized interest of $12,920 in 2025, $7,642 in 2024, and $14,178 in 2023 458,225 420,315 406,141
Supplemental schedule of non-cash investing activities:      
Debt and equity securities received for certain obligations, real estate, and revenue     804,520
Certain obligations and receivable satisfied and real estate sold 50,000   722,814
Lease incentive provided 50,000    
Supplemental schedule of non-cash financing activities:      
Dividends declared, unpaid 55,351 48,164 92,808
Cash, cash equivalents, and restricted cash are comprised of the following:      
Cash and cash equivalents at beginning of period 332,335 250,016 235,668
Restricted cash, included in Other assets at beginning of period $ 2,838 $ 5,936 $ 5,870
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets Other Assets
Cash, cash equivalents, and restricted cash at beginning of year $ 543,995 $ 335,173 $ 255,952
Cash and cash equivalents at end of period 540,859 332,335 250,016
Restricted cash, included in Other assets at end of period $ 3,136 $ 2,838 $ 5,936
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] Other Assets Other Assets Other Assets
Cash, cash equivalents, and restricted cash at end of year $ 543,995 $ 335,173 $ 255,952