Earnings Per Share/Unit (Tables)

12 Months Ended

Dec. 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 Years Ended December 31,
	2019			2018			2017
Numerator:
Net income	$	376,401		$	1,018,477		$	291,238
Non-controlling interests’ share in earnings		(1,717	)		(1,792	)		(1,445	)
Participating securities’ share in earnings		(2,308	)		(3,685	)		(1,409	)
Net income, less participating securities’ share in    earnings	$	372,376		$	1,013,000		$	288,384
Denominator:
Basic weighted-average common shares		427,075			365,364			349,902
Dilutive potential common shares		1,224			907			539
Diluted weighted-average common shares		428,299			366,271			350,441

MPT Operating Partnership, L.P.

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

	For the Years Ended December 31,
	2019			2018			2017
Numerator:
Net income	$	376,401		$	1,018,477		$	291,238
Non-controlling interests’ share in earnings		(1,717	)		(1,792	)		(1,445	)
Participating securities’ share in earnings		(2,308	)		(3,685	)		(1,409	)
Net income, less participating securities’ share in    earnings	$	372,376		$	1,013,000		$	288,384
Denominator:
Basic weighted-average units		427,075			365,364			349,902
Dilutive potential units		1,224			907			539
Diluted weighted-average units		428,299			366,271			350,441