Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Medical Properties Trust, Inc.

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

	For the Three Months Ended June 30,
	2019			2018
Numerator:
Net income	$	79,920		$	112,017
Non-controlling interests’ share in net income		(482	)		(450	)
Participating securities’ share in earnings		(446	)		(323	)
Net income, less participating securities’ share in earnings	$	78,992		$	111,244
Denominator:
Basic weighted-average common shares		394,574			364,897
Dilutive potential common shares		1,118			644
Dilutive weighted-average common shares		395,692			365,541

	For the Six Months Ended June 30,
	2019			2018
Numerator:
Net income	$	156,211		$	203,060
Non-controlling interests’ share in net income		(951	)		(892	)
Participating securities’ share in earnings		(922	)		(518	)
Net income, less participating securities’ share in earnings	$	154,338		$	201,650
Denominator:
Basic weighted-average common shares		387,563			364,889
Dilutive potential common shares		1,120			553
Dilutive weighted-average common shares		388,683			365,442

MPT Operating Partnership, L.P.

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

	For the Three Months Ended June 30,
	2019			2018
Numerator:
Net income	$	79,920		$	112,017
Non-controlling interests’ share in net income		(482	)		(450	)
Participating securities’ share in earnings		(446	)		(323	)
Net income, less participating securities’ share in earnings	$	78,992		$	111,244
Denominator:
Basic weighted-average units		394,574			364,897
Dilutive potential units		1,118			644
Diluted weighted-average units		395,692			365,541

	For the Six Months Ended June 30,
	2019			2018
Numerator:
Net income	$	156,211		$	203,060
Non-controlling interests’ share in net income		(951	)		(892	)
Participating securities’ share in earnings		(922	)		(518	)
Net income, less participating securities’ share in earnings	$	154,338		$	201,650
Denominator:
Basic weighted-average units		387,563			364,889
Dilutive potential units		1,120			553
Diluted weighted-average units		388,683			365,442