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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Rent billed $ 474,151 $ 473,343 $ 435,782
Straight-line rent 110,456 74,741 65,468
Income from direct financing leases 119,617 73,983 74,495
Interest and other income 149,973 162,455 129,000
Total revenues 854,197 784,522 704,745
Expenses      
Interest expense 237,830 223,274 176,954
Real estate depreciation and amortization 152,313 133,083 125,106
Property-related 23,992 9,237 5,811
General and administrative 96,411 80,086 58,599
Acquisition costs   917 29,645
Total expenses 510,546 446,597 396,115
Other income (expense)      
Gain on sale of real estate and other 41,560 719,392 7,431
Impairment charges (21,031) (48,007)  
Earnings from equity interests 16,051 14,165 10,058
Debt refinancing and unutilized financing costs (6,106)   (32,574)
Other (345) (4,071) 374
Total other income (expense) 30,129 681,479 (14,711)
Income before income tax 373,780 1,019,404 293,919
Income tax benefit (expense) 2,621 (927) (2,681)
Net income 376,401 1,018,477 291,238
Net income attributable to non-controlling interests (1,717) (1,792) (1,445)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 374,684 $ 1,016,685 $ 289,793
Earnings per share (unit) — basic      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.87 $ 2.77 $ 0.82
Weighted average shares (units) outstanding — basic 427,075 365,364 349,902
Earnings per share (unit) — diluted      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.87 $ 2.76 $ 0.82
Weighted average shares (units) outstanding — diluted 428,299 366,271 350,441
MPT Operating Partnership, L.P. [Member]      
Revenues      
Rent billed $ 474,151 $ 473,343 $ 435,782
Straight-line rent 110,456 74,741 65,468
Income from direct financing leases 119,617 73,983 74,495
Interest and other income 149,973 162,455 129,000
Total revenues 854,197 784,522 704,745
Expenses      
Interest expense 237,830 223,274 176,954
Real estate depreciation and amortization 152,313 133,083 125,106
Property-related 23,992 9,237 5,811
General and administrative 96,411 80,086 58,599
Acquisition costs   917 29,645
Total expenses 510,546 446,597 396,115
Other income (expense)      
Gain on sale of real estate and other 41,560 719,392 7,431
Impairment charges (21,031) (48,007)  
Earnings from equity interests 16,051 14,165 10,058
Debt refinancing and unutilized financing costs (6,106)   (32,574)
Other (345) (4,071) 374
Total other income (expense) 30,129 681,479 (14,711)
Income before income tax 373,780 1,019,404 293,919
Income tax benefit (expense) 2,621 (927) (2,681)
Net income 376,401 1,018,477 291,238
Net income attributable to non-controlling interests (1,717) (1,792) (1,445)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 374,684 $ 1,016,685 $ 289,793
Earnings per share (unit) — basic      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.87 $ 2.77 $ 0.82
Weighted average shares (units) outstanding — basic 427,075 365,364 349,902
Earnings per share (unit) — diluted      
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.87 $ 2.76 $ 0.82
Weighted average shares (units) outstanding — diluted 428,299 366,271 350,441