XML 13 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Net Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Rent billed $ 197,520 $ 165,190
Straight-line rent 34,196 40,127
Income from financing leases 10,064 9,905
Interest and other income 10,285 8,577
Total revenues 252,065 223,799
Expenses    
Interest 133,330 115,801
Real estate depreciation and amortization 69,717 64,572
Property-related 9,940 7,035
General and administrative 32,205 41,911
Total expenses 245,192 229,319
Other (expense) income    
(Loss) gain on sale of real estate (790) 8,059
Real estate and other impairment charges, net (19,032) (76,102)
Earnings from equity interests 15,739 13,986
Debt refinancing and unutilized financing costs 0 (3,796)
Other (including fair value adjustments on securities) (2,505) (45,206)
Total other expense (6,588) (103,059)
Income (loss) before income tax 285 (108,579)
Income tax benefit (expense) 32,822 (9,437)
Net income (loss) 33,107 (118,016)
Net income attributable to non-controlling interests (280) (259)
Net income (loss) attributable to MPT common stockholders $ 32,827 $ (118,275)
Earnings per common share (units) basic    
Net income (loss) attributable to MPT common stockholders (Operating Partnership partners), basic $ 0.05 $ (0.2)
Earnings per common share (units) diluted    
Net income (loss) attributable to MPT common stockholders (Operating Partnership partners), diluted $ 0.05 $ (0.2)
Weighted average shares (units) outstanding basic 597,715 600,594
Weighted average shares (units) outstanding diluted 597,715 600,594
Dividends declared per common share (unit) $ 0.09 $ 0.08
MPT Operating Partnership, L.P. [Member]    
Revenues    
Rent billed $ 197,520 $ 165,190
Straight-line rent 34,196 40,127
Income from financing leases 10,064 9,905
Interest and other income 10,285 8,577
Total revenues 252,065 223,799
Expenses    
Interest 133,330 115,801
Real estate depreciation and amortization 69,717 64,572
Property-related 9,940 7,035
General and administrative 32,205 41,911
Total expenses 245,192 229,319
Other (expense) income    
(Loss) gain on sale of real estate (790) 8,059
Real estate and other impairment charges, net (19,032) (76,102)
Earnings from equity interests 15,739 13,986
Debt refinancing and unutilized financing costs 0 (3,796)
Other (including fair value adjustments on securities) (2,505) (45,206)
Total other expense (6,588) (103,059)
Income (loss) before income tax 285 (108,579)
Income tax benefit (expense) 32,822 (9,437)
Net income (loss) 33,107 (118,016)
Net income attributable to non-controlling interests (280) (259)
Net income (loss) attributable to MPT common stockholders $ 32,827 $ (118,275)
Earnings per common share (units) basic    
Net income (loss) attributable to MPT common stockholders (Operating Partnership partners), basic $ 0.05 $ (0.2)
Earnings per common share (units) diluted    
Net income (loss) attributable to MPT common stockholders (Operating Partnership partners), diluted $ 0.05 $ (0.2)
Weighted average shares (units) outstanding basic 597,715 600,594
Weighted average shares (units) outstanding diluted 597,715 600,594
Dividends declared per common share (unit) $ 0.09 $ 0.08