Earnings Per Share/Unit (Tables)

12 Months Ended

Dec. 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 Years Ended December 31,
	2020			2019			2018
Numerator:
Net income	$	432,272		$	376,401		$	1,018,477
Non-controlling interests’ share in earnings		(822	)		(1,717	)		(1,792	)
Participating securities’ share in earnings		(2,105	)		(2,308	)		(3,685	)
Net income, less participating securities’ share in    earnings	$	429,345		$	372,376		$	1,013,000
Denominator:
Basic weighted-average common shares		529,239			427,075			365,364
Dilutive potential common shares		1,222			1,224			907
Diluted weighted-average common shares		530,461			428,299			366,271

MPT Operating Partnership, L.P.

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

	For the Years Ended December 31,
	2020			2019			2018
Numerator:
Net income	$	432,272		$	376,401		$	1,018,477
Non-controlling interests’ share in earnings		(822	)		(1,717	)		(1,792	)
Participating securities’ share in earnings		(2,105	)		(2,308	)		(3,685	)
Net income, less participating securities’ share in    earnings	$	429,345		$	372,376		$	1,013,000
Denominator:
Basic weighted-average units		529,239			427,075			365,364
Dilutive potential units		1,222			1,224			907
Diluted weighted-average units		530,461			428,299			366,271