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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities    
Net income $ 190,809 $ 156,211
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 128,215 69,430
Amortization of deferred financing costs and debt discount 6,438 3,816
Straight-line rent revenue and other (96,730) (54,070)
Share / (Unit)-based compensation expense 22,228 13,032
Loss from sale of real estate and other 1,776 147
Impairment charges 19,006  
Straight-line rent and other write-off, net of tax 26,958 3,002
Unutilized financing costs 611 914
Pre-acquisition rent collected - Circle Transaction (35,020)  
Other adjustments 12,373 12,774
Changes in:    
Interest and rent receivables 186 (265)
Accounts payable and accrued expenses 12,216 (6,885)
Net cash provided by operating activities 289,066 198,106
Investing activities    
Cash paid for acquisitions and other related investments (2,226,302) (1,402,315)
Net proceeds from sale of real estate 78,764 3,449
Principal received on loans receivable   420
Investment in loans receivable (62,064) (2,992)
Other investments, net 29,322 (205,473)
Net cash used for investing activities (2,180,280) (1,606,911)
Financing activities    
Proceeds from term debt 915,950 837,240
Revolving credit facilities, net   12,976
Dividends / Distribution paid (279,741) (192,582)
Lease deposits and other obligations to tenants 5,001 3,485
Proceeds from sale of common shares, net of offering costs 169,787 399,353
Payment of deferred financing costs and other financing activities (7,005) (9,432)
Net cash provided by financing activities 803,992 1,051,040
Decrease in cash, cash equivalents, and restricted cash for period (1,087,222) (357,765)
Effect of exchange rate changes 155 (8,050)
Cash, cash equivalents, and restricted cash at beginning of period 1,467,991 822,425
Cash, cash equivalents, and restricted cash at end of period 380,924 456,610
Interest paid 147,502 97,184
Supplemental schedule of non-cash financing activities:    
Dividend / Distributions declared, unpaid 143,264 99,093
Cash, cash equivalents, and restricted cash are comprised of the following:    
Cash and cash equivalents at beginning of period 1,462,286 820,868
Restricted cash, included in Other assets at beginning of period $ 5,705 $ 1,557
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] us-gaap:OtherAssets us-gaap:OtherAssets
Cash, cash equivalents, and restricted cash at beginning of period $ 1,467,991 $ 822,425
Cash and cash equivalents at end of period 374,962 451,652
Restricted cash, included in Other assets at end of period $ 5,962 $ 4,958
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] us-gaap:OtherAssets us-gaap:OtherAssets
Cash, cash equivalents, and restricted cash at end of period $ 380,924 $ 456,610
MPT Operating Partnership, L.P. [Member]    
Operating activities    
Net income 190,809 156,211
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 128,215 69,430
Amortization of deferred financing costs and debt discount 6,438 3,816
Straight-line rent revenue and other (96,730) (54,070)
Share / (Unit)-based compensation expense 22,228 13,032
Loss from sale of real estate and other 1,776 147
Impairment charges 19,006  
Straight-line rent and other write-off, net of tax 26,958 3,002
Unutilized financing costs 611 914
Pre-acquisition rent collected - Circle Transaction (35,020)  
Other adjustments 12,373 12,774
Changes in:    
Interest and rent receivables 186 (265)
Accounts payable and accrued expenses 12,216 (6,885)
Net cash provided by operating activities 289,066 198,106
Investing activities    
Cash paid for acquisitions and other related investments (2,226,302) (1,402,315)
Net proceeds from sale of real estate 78,764 3,449
Principal received on loans receivable   420
Investment in loans receivable (62,064) (2,992)
Other investments, net 29,322 (205,473)
Net cash used for investing activities (2,180,280) (1,606,911)
Financing activities    
Proceeds from term debt 915,950 837,240
Revolving credit facilities, net   12,976
Dividends / Distribution paid (279,741) (192,582)
Lease deposits and other obligations to tenants 5,001 3,485
Proceeds from sale of units, net of offering costs 169,787 399,353
Payment of deferred financing costs and other financing activities (7,005) (9,432)
Net cash provided by financing activities 803,992 1,051,040
Decrease in cash, cash equivalents, and restricted cash for period (1,087,222) (357,765)
Effect of exchange rate changes 155 (8,050)
Cash, cash equivalents, and restricted cash at beginning of period 1,467,991 822,425
Cash, cash equivalents, and restricted cash at end of period 380,924 456,610
Interest paid 147,502 97,184
Supplemental schedule of non-cash financing activities:    
Dividend / Distributions declared, unpaid 143,264 99,093
Cash, cash equivalents, and restricted cash are comprised of the following:    
Cash and cash equivalents at beginning of period 1,462,286 820,868
Restricted cash, included in Other assets at beginning of period $ 5,705 $ 1,557
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] us-gaap:OtherAssets us-gaap:OtherAssets
Cash, cash equivalents, and restricted cash at beginning of period $ 1,467,991 $ 822,425
Cash and cash equivalents at end of period 374,962 451,652
Restricted cash, included in Other assets at end of period $ 5,962 $ 4,958
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List] us-gaap:OtherAssets us-gaap:OtherAssets
Cash, cash equivalents, and restricted cash at end of period $ 380,924 $ 456,610