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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Rent billed $ 473,343 $ 435,782 $ 327,269
Straight-line rent 74,741 65,468 41,067
Income from direct financing leases 73,983 74,495 64,307
Interest and fee income 162,455 129,000 108,494
Total revenues 784,522 704,745 541,137
Expenses      
Interest 223,274 176,954 159,597
Real estate depreciation and amortization 133,083 125,106 94,374
Property-related 9,237 5,811 2,712
General and administrative 80,086 58,599 48,911
Acquisition costs 917 29,645 46,273
Total expenses 446,597 396,115 351,867
Other income (expense)      
Gain on sale of real estate and other, net 719,392 7,431 61,224
Impairment charges (48,007)   (7,229)
Debt refinancing costs   (32,574) (22,539)
Other 10,094 10,432 (1,619)
Total other income (expense) 681,479 (14,711) 29,837
Income before income tax 1,019,404 293,919 219,107
Income tax (expense) benefit (927) (2,681) 6,830
Net income 1,018,477 291,238 225,937
Net income attributable to non-controlling interests (1,792) (1,445) (889)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 1,016,685 $ 289,793 $ 225,048
Earnings per share — basic      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 2.77 $ 0.82 $ 0.86
Weighted average shares outstanding — basic 365,364 349,902 260,414
Earnings per share — diluted      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 2.76 $ 0.82 $ 0.86
Weighted average shares outstanding — diluted 366,271 350,441 261,072
MPT Operating Partnership, L.P. [Member]      
Revenues      
Rent billed $ 473,343 $ 435,782 $ 327,269
Straight-line rent 74,741 65,468 41,067
Income from direct financing leases 73,983 74,495 64,307
Interest and fee income 162,455 129,000 108,494
Total revenues 784,522 704,745 541,137
Expenses      
Interest 223,274 176,954 159,597
Real estate depreciation and amortization 133,083 125,106 94,374
Property-related 9,237 5,811 2,712
General and administrative 80,086 58,599 48,911
Acquisition costs 917 29,645 46,273
Total expenses 446,597 396,115 351,867
Other income (expense)      
Gain on sale of real estate and other, net 719,392 7,431 61,224
Impairment charges (48,007)   (7,229)
Debt refinancing costs   (32,574) (22,539)
Other 10,094 10,432 (1,619)
Total other income (expense) 681,479 (14,711) 29,837
Income before income tax 1,019,404 293,919 219,107
Income tax (expense) benefit (927) (2,681) 6,830
Net income 1,018,477 291,238 225,937
Net income attributable to non-controlling interests (1,792) (1,445) (889)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 1,016,685 $ 289,793 $ 225,048
Earnings per share — basic      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 2.77 $ 0.82 $ 0.86
Weighted average shares outstanding — basic 365,364 349,902 260,414
Earnings per share — diluted      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 2.76 $ 0.82 $ 0.86
Weighted average shares outstanding — diluted 366,271 350,441 261,072