Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Medical Properties Trust, Inc.

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

	For the Three Months Ended June 30,
	2020			2019
Numerator:
Net income	$	109,652		$	79,920
Non-controlling interests’ share in net income		(184	)		(482	)
Participating securities’ share in earnings		(487	)		(446	)
Net income, less participating securities’ share in earnings	$	108,981		$	78,992
Denominator:
Basic weighted-average common shares		527,781			394,574
Dilutive potential common shares		1,099			1,118
Dilutive weighted-average common shares		528,880			395,692

	For the Six Months Ended June 30,
	2020			2019
Numerator:
Net income	$	190,809		$	156,211
Non-controlling interests’ share in net income		(349	)		(951	)
Participating securities’ share in earnings		(951	)		(922	)
Net income, less participating securities’ share in earnings	$	189,509		$	154,338
Denominator:
Basic weighted-average common shares		524,428			387,563
Dilutive potential common shares		1,102			1,120
Dilutive weighted-average common shares		525,530			388,683

MPT Operating Partnership, L.P.

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

	For the Three Months Ended June 30,
	2020			2019
Numerator:
Net income	$	109,652		$	79,920
Non-controlling interests’ share in net income		(184	)		(482	)
Participating securities’ share in earnings		(487	)		(446	)
Net income, less participating securities’ share in earnings	$	108,981		$	78,992
Denominator:
Basic weighted-average units		527,781			394,574
Dilutive potential units		1,099			1,118
Diluted weighted-average units		528,880			395,692

	For the Six Months Ended June 30,
	2020			2019
Numerator:
Net income	$	190,809		$	156,211
Non-controlling interests’ share in net income		(349	)		(951	)
Participating securities’ share in earnings		(951	)		(922	)
Net income, less participating securities’ share in earnings	$	189,509		$	154,338
Denominator:
Basic weighted-average units		524,428			387,563
Dilutive potential units		1,102			1,120
Diluted weighted-average units		525,530			388,683