Earnings Per Share/Unit (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

Medical Properties Trust, Inc.

Our earnings per share were calculated based on the following (amounts in thousands):

	For the Three Months Ended March 31,
	2019			2018
Numerator:
Net income	$	76,291		$	91,043
Non-controlling interests’ share in net income		(469	)		(442	)
Participating securities’ share in earnings		(476	)		(195	)
Net income, less participating securities’ share in earnings	$	75,346		$	90,406
Denominator:
Basic weighted-average common shares		380,551			364,882
Dilutive potential common shares		1,124			461
Dilutive weighted-average common shares		381,675			365,343

MPT Operating Partnership, L.P.

Our earnings per common unit were calculated based on the following (amounts in thousands):

	For the Three Months Ended March 31,
	2019			2018
Numerator:
Net income	$	76,291		$	91,043
Non-controlling interests’ share in net income		(469	)		(442	)
Participating securities’ share in earnings		(476	)		(195	)
Net income, less participating securities’ share in earnings	$	75,346		$	90,406
Denominator:
Basic weighted-average units		380,551			364,882
Dilutive potential units		1,124			461
Diluted weighted-average units		381,675			365,343