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Condensed Consolidated Statements of Net Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Rent billed $ 171,767 $ 108,598
Straight-line rent 31,421 20,651
Income from financing leases 52,436 17,280
Interest and other income 38,508 33,925
Total revenues 294,132 180,454
Expenses    
Interest 80,899 50,551
Real estate depreciation and amortization 60,921 33,352
Property-related 5,572 3,066
General and administrative 33,385 23,451
Total expenses 180,777 110,420
Other income (expense)    
Gain on sale of real estate 1,325  
Real estate impairment charges (19,006)  
Earnings from equity interests 4,079 3,720
Unutilized financing fees (611)  
Other (including mark-to-market adjustments on equity securities) (13,975) 204
Total other (expense) income (28,188) 3,924
Income before income tax 85,167 73,958
Income tax (expense) benefit (4,010) 2,333
Net income 81,157 76,291
Net income attributable to non-controlling interests (165) (469)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 80,992 $ 75,822
Earnings per common share (units) basic and diluted    
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.15 $ 0.20
Weighted average shares (units) outstanding basic 521,076 380,551
Weighted average shares (units) outstanding diluted 522,179 381,675
Dividends declared per common share (unit) $ 0.27 $ 0.25
MPT Operating Partnership, L.P. [Member]    
Revenues    
Rent billed $ 171,767 $ 108,598
Straight-line rent 31,421 20,651
Income from financing leases 52,436 17,280
Interest and other income 38,508 33,925
Total revenues 294,132 180,454
Expenses    
Interest 80,899 50,551
Real estate depreciation and amortization 60,921 33,352
Property-related 5,572 3,066
General and administrative 33,385 23,451
Total expenses 180,777 110,420
Other income (expense)    
Gain on sale of real estate 1,325  
Real estate impairment charges (19,006)  
Earnings from equity interests 4,079 3,720
Unutilized financing fees (611)  
Other (including mark-to-market adjustments on equity securities) (13,975) 204
Total other (expense) income (28,188) 3,924
Income before income tax 85,167 73,958
Income tax (expense) benefit (4,010) 2,333
Net income 81,157 76,291
Net income attributable to non-controlling interests (165) (469)
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 80,992 $ 75,822
Earnings per common share (units) basic and diluted    
Net income attributable to MPT common stockholders (Operating Partnership partners) $ 0.15 $ 0.20
Weighted average shares (units) outstanding basic 521,076 380,551
Weighted average shares (units) outstanding diluted 522,179 381,675
Dividends declared per common share (unit) $ 0.27 $ 0.25