Earnings Per Share/Unit (Tables)

3 Months Ended

Mar. 31, 2021

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,
	2021			2020
Numerator:
Net income	$	163,880		$	81,157
Non-controlling interests’ share in net income		(97	)		(165	)
Participating securities’ share in earnings		(370	)		(464	)
Net income, less participating securities’ share in earnings	$	163,413		$	80,528
Denominator:
Basic weighted-average common shares		576,240			521,076
Dilutive potential common shares		1,301			1,103
Diluted weighted-average common shares		577,541			522,179

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,
	2021			2020
Numerator:
Net income	$	163,880		$	81,157
Non-controlling interests’ share in net income		(97	)		(165	)
Participating securities’ share in earnings		(370	)		(464	)
Net income, less participating securities’ share in earnings	$	163,413		$	80,528
Denominator:
Basic weighted-average units		576,240			521,076
Dilutive potential units		1,301			1,103
Diluted weighted-average units		577,541			522,179