|
Consolidated Statements Of Income (USD $) In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2010
|
Dec. 31, 2009
|
Dec. 31, 2008
|
| Revenues |
|
|
|
| Rent billed |
$ 92,785 |
$ 81,865 |
$ 74,146 |
| Straight-line rent |
2,074 |
8,221 |
3,742 |
| Interest and fee income |
26,988 |
28,723 |
29,182 |
| Total revenues |
121,847 |
118,809 |
107,070 |
| Expenses |
|
|
|
| Real estate depreciation and amortization |
24,486 |
22,628 |
22,385 |
| Loan impairment charge |
12,000 |
|
|
| Property-related |
4,407 |
3,802 |
4,242 |
| General and administrative |
28,535 |
21,096 |
19,515 |
| Total operating expense |
69,428 |
47,526 |
46,142 |
| Operating income |
52,419 |
71,283 |
60,928 |
| Other income (expense) |
|
|
|
| Interest and other income |
1,518 |
43 |
86 |
| Debt refinancing costs |
(6,716) |
|
|
| Interest expense |
(33,993) |
(37,656) |
(42,424) |
| Net other expenses |
(39,191) |
(37,613) |
(42,338) |
| Income from continuing operations |
13,228 |
33,670 |
18,590 |
| Income from discontinued operations |
9,784 |
2,697 |
14,143 |
| Net income |
23,012 |
36,367 |
32,733 |
| Net income attributable to non-controlling interests |
(99) |
(37) |
(33) |
| Net income attributable to MPT common stockholders/Operating Partnership partners |
22,913 |
36,330 |
32,700 |
| Earnings per share/unit - basic |
|
|
|
| Income from continuing operations attributable to MPT common stockholders/Operating Partnership partners |
$ 0.12 |
$ 0.41 |
$ 0.27 |
| Income from discontinued operations attributable to MPT common stockholders/Operating Partnership partners |
$ 0.10 |
$ 0.04 |
$ 0.23 |
| Net income attributable to MPT common stockholders/Operating Partnership partners |
$ 0.22 |
$ 0.45 |
$ 0.50 |
| Weighted average shares/units outstanding - basic |
100,706 |
78,117 |
62,027 |
| Earnings per share/unit - diluted |
|
|
|
| Income from continuing operations attributable to MPT common stockholders/Operating Partnership partners |
$ 0.12 |
$ 0.41 |
$ 0.27 |
| Income from discontinued operations attributable to MPT common stockholders - diluted per share |
$ 0.10 |
$ 0.04 |
$ 0.23 |
| Net income attributable to MPT common stockholders/Operating Partnership partners |
$ 0.22 |
$ 0.45 |
$ 0.50 |
| Weighted average shares/units outstanding - diluted |
100,708 |
78,117 |
62,035 |
|
MPT Operating Partnership, L.P. [Member]
|
|
|
|
| Revenues |
|
|
|
| Rent billed |
92,785 |
81,865 |
74,146 |
| Straight-line rent |
2,074 |
8,221 |
3,742 |
| Interest and fee income |
26,988 |
28,723 |
29,182 |
| Total revenues |
121,847 |
118,809 |
107,070 |
| Expenses |
|
|
|
| Real estate depreciation and amortization |
24,486 |
22,628 |
22,385 |
| Loan impairment charge |
12,000 |
|
|
| Property-related |
4,407 |
3,802 |
4,242 |
| General and administrative |
28,460 |
21,033 |
19,515 |
| Total operating expense |
69,353 |
47,463 |
46,142 |
| Operating income |
52,494 |
71,346 |
60,928 |
| Other income (expense) |
|
|
|
| Interest and other income |
1,518 |
43 |
86 |
| Debt refinancing costs |
(6,716) |
|
|
| Interest expense |
(33,993) |
(37,656) |
(42,424) |
| Net other expenses |
(39,191) |
(37,613) |
(42,338) |
| Income from continuing operations |
13,303 |
33,733 |
18,590 |
| Income from discontinued operations |
9,784 |
2,697 |
14,143 |
| Net income |
23,087 |
36,430 |
32,733 |
| Net income attributable to non-controlling interests |
(99) |
(37) |
(33) |
| Net income attributable to MPT common stockholders/Operating Partnership partners |
$ 22,988 |
$ 36,393 |
$ 32,700 |
| Earnings per share/unit - basic |
|
|
|
| Income from continuing operations attributable to MPT common stockholders/Operating Partnership partners |
$ 0.12 |
$ 0.41 |
$ 0.27 |
| Income from discontinued operations attributable to MPT common stockholders/Operating Partnership partners |
$ 0.10 |
$ 0.04 |
$ 0.23 |
| Net income attributable to MPT common stockholders/Operating Partnership partners |
$ 0.22 |
$ 0.45 |
$ 0.50 |
| Weighted average shares/units outstanding - basic |
100,706 |
78,117 |
62,027 |
| Earnings per share/unit - diluted |
|
|
|
| Income from continuing operations attributable to MPT common stockholders/Operating Partnership partners |
$ 0.12 |
$ 0.41 |
$ 0.27 |
| Income from discontinued operations attributable to MPT common stockholders - diluted per share |
$ 0.10 |
$ 0.04 |
$ 0.23 |
| Net income attributable to MPT common stockholders/Operating Partnership partners |
$ 0.22 |
$ 0.45 |
$ 0.50 |
| Weighted average shares/units outstanding - diluted |
100,708 |
78,117 |
62,035 |