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Condensed Consolidated Statements of Net Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Rent billed $ 110,882 $ 122,827 $ 219,480 $ 250,838
Straight-line rent 25,136 15,073 45,787 30,864
Income from direct financing leases 17,386 18,934 34,666 36,615
Interest and other income 39,145 45,068 73,070 88,631
Total revenues 192,549 201,902 373,003 406,948
Expenses        
Interest 52,326 58,126 102,877 115,149
Real estate depreciation and amortization 33,976 34,466 67,328 70,268
Property-related 8,290 1,920 11,356 4,104
General and administrative 22,272 19,552 45,723 37,370
Acquisition costs   411   411
Total expenses 116,864 114,475 227,284 227,302
Other income (expense)        
(Loss) gain on sale of real estate, net (147) 24,151 (147) 25,618
Earnings from equity interests 4,441 4,155 8,161 7,426
Other (333) (2,153) (129) (6,892)
Total other income 3,961 26,153 7,885 26,152
Income before income tax 79,646 113,580 153,604 205,798
Income tax benefit (expense) 274 (1,563) 2,607 (2,738)
Net income 79,920 112,017 156,211 203,060
Net income attributable to non-controlling interests (482) (450) (951) (892)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 79,438 $ 111,567 $ 155,260 $ 202,168
Earnings per common share (unit) — basic and diluted        
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.20 $ 0.30 $ 0.40 $ 0.55
Weighted average shares (units) outstanding — basic 394,574 364,897 387,563 364,889
Weighted average shares (units) outstanding — diluted 395,692 365,541 388,683 365,442
Dividends declared per common share (unit) $ 0.25 $ 0.25 $ 0.50 $ 0.50
MPT Operating Partnership, L.P. [Member]        
Revenues        
Rent billed $ 110,882 $ 122,827 $ 219,480 $ 250,838
Straight-line rent 25,136 15,073 45,787 30,864
Income from direct financing leases 17,386 18,934 34,666 36,615
Interest and other income 39,145 45,068 73,070 88,631
Total revenues 192,549 201,902 373,003 406,948
Expenses        
Interest 52,326 58,126 102,877 115,149
Real estate depreciation and amortization 33,976 34,466 67,328 70,268
Property-related 8,290 1,920 11,356 4,104
General and administrative 22,272 19,552 45,723 37,370
Acquisition costs   411   411
Total expenses 116,864 114,475 227,284 227,302
Other income (expense)        
(Loss) gain on sale of real estate, net (147) 24,151 (147) 25,618
Earnings from equity interests 4,441 4,155 8,161 7,426
Other (333) (2,153) (129) (6,892)
Total other income 3,961 26,153 7,885 26,152
Income before income tax 79,646 113,580 153,604 205,798
Income tax benefit (expense) 274 (1,563) 2,607 (2,738)
Net income 79,920 112,017 156,211 203,060
Net income attributable to non-controlling interests (482) (450) (951) (892)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 79,438 $ 111,567 $ 155,260 $ 202,168
Earnings per common share (unit) — basic and diluted        
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.20 $ 0.30 $ 0.40 $ 0.55
Weighted average shares (units) outstanding — basic 394,574 364,897 387,563 364,889
Weighted average shares (units) outstanding — diluted 395,692 365,541 388,683 365,442
Dividends declared per common share (unit) $ 0.25 $ 0.25 $ 0.50 $ 0.50