Earnings Per Share/Unit (Tables)

3 Months Ended

Mar. 31, 2020

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,
	2020			2019
Numerator:
Net income	$	81,157		$	76,291
Non-controlling interests’ share in net income		(165	)		(469	)
Participating securities’ share in earnings		(464	)		(476	)
Net income, less participating securities’ share in earnings	$	80,528		$	75,346
Denominator:
Basic weighted-average common shares		521,076			380,551
Dilutive potential common shares		1,103			1,124
Dilutive weighted-average common shares		522,179			381,675

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,
	2020			2019
Numerator:
Net income	$	81,157		$	76,291
Non-controlling interests’ share in net income		(165	)		(469	)
Participating securities’ share in earnings		(464	)		(476	)
Net income, less participating securities’ share in earnings	$	80,528		$	75,346
Denominator:
Basic weighted-average units		521,076			380,551
Dilutive potential units		1,103			1,124
Diluted weighted-average units		522,179			381,675