|
Condensed Consolidating Financial Information (Consolidated Statements Of Income) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified
|
3 Months Ended |
12 Months Ended |
|
Dec. 31, 2010
|
Sep. 30, 2010
|
Jun. 30, 2010
|
Mar. 31, 2010
|
Dec. 31, 2009
|
Sep. 30, 2009
|
Jun. 30, 2009
|
Mar. 31, 2009
|
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 |
31,752 |
28,644 |
30,593 |
30,858 |
30,069 |
30,639 |
28,640 |
29,460 |
121,847 |
118,809 |
107,070 |
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
| Real estate depreciation and amortization |
|
|
|
|
|
|
|
|
24,486 |
22,628 |
22,385 |
| Impairment charge |
|
|
|
|
|
|
|
|
12,000 |
|
|
| Property-related |
|
|
|
|
|
|
|
|
4,407 |
3,802 |
4,242 |
| General and administrative |
|
|
|
|
|
|
|
|
28,535 |
21,096 |
19,515 |
| Total operating expenses |
|
|
|
|
|
|
|
|
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 |
8,309 |
8,654 |
(236) |
(3,424) |
9,330 |
9,525 |
6,608 |
8,270 |
13,228 |
33,670 |
18,590 |
| Income from discontinued operations |
2,321 |
301 |
6,537 |
625 |
(1,924) |
859 |
1,251 |
2,511 |
9,784 |
2,697 |
14,143 |
| Net income |
10,630 |
8,955 |
6,301 |
(2,799) |
7,406 |
10,384 |
7,859 |
10,781 |
23,012 |
36,367 |
32,733 |
| Net income attributable to non-controlling interests |
|
|
|
|
|
|
|
|
(99) |
(37) |
(33) |
| Net income (loss) attributable to MPT common stockholders/Operating Partnership partners |
10,593 |
8,910 |
6,292 |
(2,807) |
7,399 |
10,374 |
7,846 |
10,773 |
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 |
$ 0.09 |
$ 0.08 |
$ 0.06 |
$ (0.04) |
$ 0.09 |
$ 0.13 |
$ 0.09 |
$ 0.14 |
$ 0.22 |
$ 0.45 |
$ 0.50 |
| Weighted average shares/units outstanding - basic |
110,103 |
110,046 |
103,498 |
79,176 |
78,755 |
78,655 |
78,616 |
76,432 |
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/Operating Partnership partners |
|
|
|
|
|
|
|
|
$ 0.10 |
$ 0.04 |
$ 0.23 |
| Net income attributable to MPT common stockholders/Operating Partnership partners |
$ 0.09 |
$ 0.08 |
$ 0.06 |
$ (0.04) |
$ 0.09 |
$ 0.13 |
$ 0.09 |
$ 0.14 |
$ 0.22 |
$ 0.45 |
$ 0.50 |
| Weighted average shares/units outstanding - diluted |
110,108 |
110,046 |
103,498 |
79,176 |
78,755 |
78,655 |
78,616 |
76,432 |
100,708 |
78,117 |
62,035 |
|
Parent [Member]
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
| Total revenues |
31,752 |
28,644 |
30,593 |
30,858 |
30,069 |
30,639 |
28,640 |
29,460 |
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
| General and administrative |
|
|
|
|
|
|
|
|
75 |
63 |
|
| Total operating expenses |
|
|
|
|
|
|
|
|
75 |
63 |
|
| Operating income |
|
|
|
|
|
|
|
|
(75) |
(63) |
|
| Other income (expense) |
|
|
|
|
|
|
|
|
|
|
|
| Income from continuing operations |
8,309 |
8,663 |
(305) |
(3,439) |
9,330 |
9,525 |
6,608 |
8,207 |
(75) |
(63) |
|
| Income from discontinued operations |
2,321 |
301 |
6,537 |
625 |
(1,924) |
859 |
1,251 |
2,511 |
9,784 |
2,697 |
14,143 |
| Equity in earnings of consolidated subsidiaries net of income taxes |
|
|
|
|
|
|
|
|
23,087 |
36,430 |
32,733 |
| Net income |
10,630 |
8,964 |
6,232 |
(2,814) |
7,406 |
10,384 |
7,859 |
10,718 |
23,012 |
36,367 |
32,733 |
| Net income attributable to non-controlling interests |
|
|
|
|
|
|
|
|
(99) |
(37) |
(33) |
| Net income (loss) attributable to MPT common stockholders/Operating Partnership partners |
10,593 |
8,919 |
6,223 |
(2,822) |
7,399 |
10,374 |
7,846 |
10,710 |
22,913 |
36,330 |
32,700 |
| Earnings per share/unit - basic |
|
|
|
|
|
|
|
|
|
|
|
| Net income attributable to MPT common stockholders/Operating Partnership partners |
$ 0.09 |
$ 0.08 |
$ 0.06 |
$ (0.04) |
$ 0.09 |
$ 0.13 |
$ 0.09 |
$ 0.14 |
|
|
|
| Weighted average shares/units outstanding - basic |
110,103 |
110,046 |
103,498 |
79,176 |
78,755 |
78,655 |
78,616 |
76,432 |
|
|
|
| Earnings per share/unit - diluted |
|
|
|
|
|
|
|
|
|
|
|
| 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 |
$ 0.09 |
$ 0.08 |
$ 0.06 |
$ (0.04) |
$ 0.09 |
$ 0.13 |
$ 0.09 |
$ 0.14 |
|
|
|
| Weighted average shares/units outstanding - diluted |
110,108 |
110,046 |
103,498 |
79,176 |
78,755 |
78,655 |
78,616 |
76,432 |
|
|
|
|
Subsidiary Issuer [Member]
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
| Straight-line rent |
|
|
|
|
|
|
|
|
|
|
(543) |
| Interest and fee income |
|
|
|
|
|
|
|
|
6,964 |
10,010 |
8,627 |
| Total revenues |
|
|
|
|
|
|
|
|
6,964 |
10,010 |
8,084 |
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
| Property-related |
|
|
|
|
|
|
|
|
(4) |
(20) |
69 |
| General and administrative |
|
|
|
|
|
|
|
|
27,867 |
20,631 |
19,357 |
| Total operating expenses |
|
|
|
|
|
|
|
|
27,863 |
20,611 |
19,426 |
| Operating income |
|
|
|
|
|
|
|
|
(20,899) |
(10,601) |
(11,342) |
| Other income (expense) |
|
|
|
|
|
|
|
|
|
|
|
| Interest and other income |
|
|
|
|
|
|
|
|
(13) |
51 |
85 |
| Debt refinancing costs |
|
|
|
|
|
|
|
|
(6,716) |
|
|
| Interest expense |
|
|
|
|
|
|
|
|
(33,623) |
(36,761) |
(40,671) |
| Net other expenses |
|
|
|
|
|
|
|
|
(40,352) |
(36,710) |
(40,586) |
| Income from continuing operations |
|
|
|
|
|
|
|
|
(61,251) |
(47,311) |
(51,928) |
| Equity in earnings of consolidated subsidiaries net of income taxes |
|
|
|
|
|
|
|
|
84,338 |
83,741 |
84,661 |
| Net income |
|
|
|
|
|
|
|
|
23,087 |
36,430 |
32,733 |
| Net income attributable to non-controlling interests |
|
|
|
|
|
|
|
|
(99) |
(37) |
(33) |
| Net income (loss) attributable to MPT common stockholders/Operating Partnership partners |
|
|
|
|
|
|
|
|
22,988 |
36,393 |
32,700 |
|
Subsidiaries Guarantor [Member]
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
| Rent billed |
|
|
|
|
|
|
|
|
79,388 |
69,327 |
63,399 |
| Straight-line rent |
|
|
|
|
|
|
|
|
186 |
6,244 |
2,323 |
| Interest and fee income |
|
|
|
|
|
|
|
|
16,772 |
14,400 |
15,879 |
| Total revenues |
|
|
|
|
|
|
|
|
96,346 |
89,971 |
81,601 |
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
| Real estate depreciation and amortization |
|
|
|
|
|
|
|
|
21,339 |
19,571 |
19,741 |
| Property-related |
|
|
|
|
|
|
|
|
4,376 |
3,780 |
4,183 |
| General and administrative |
|
|
|
|
|
|
|
|
|
|
8 |
| Total operating expenses |
|
|
|
|
|
|
|
|
25,715 |
23,351 |
23,932 |
| Operating income |
|
|
|
|
|
|
|
|
70,631 |
66,620 |
57,669 |
| Other income (expense) |
|
|
|
|
|
|
|
|
|
|
|
| Interest and other income |
|
|
|
|
|
|
|
|
1,493 |
|
2 |
| Interest expense |
|
|
|
|
|
|
|
|
26 |
(4) |
(167) |
| Net other expenses |
|
|
|
|
|
|
|
|
1,519 |
(4) |
(165) |
| Income from continuing operations |
|
|
|
|
|
|
|
|
72,150 |
66,616 |
57,504 |
| Income from discontinued operations |
|
|
|
|
|
|
|
|
122 |
(1,254) |
(437) |
| Equity in earnings of consolidated subsidiaries net of income taxes |
|
|
|
|
|
|
|
|
4,273 |
3,918 |
2,861 |
| Net income |
|
|
|
|
|
|
|
|
76,545 |
69,280 |
59,928 |
| Net income (loss) attributable to MPT common stockholders/Operating Partnership partners |
|
|
|
|
|
|
|
|
76,545 |
69,280 |
59,928 |
|
Non-Guarantor Subsidiaries [Member]
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
| Rent billed |
|
|
|
|
|
|
|
|
14,427 |
12,538 |
10,747 |
| Straight-line rent |
|
|
|
|
|
|
|
|
1,888 |
1,977 |
1,962 |
| Interest and fee income |
|
|
|
|
|
|
|
|
10,766 |
14,732 |
12,387 |
| Total revenues |
|
|
|
|
|
|
|
|
27,081 |
29,247 |
25,096 |
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
| Real estate depreciation and amortization |
|
|
|
|
|
|
|
|
3,147 |
3,057 |
2,644 |
| Impairment charge |
|
|
|
|
|
|
|
|
12,000 |
|
|
| Property-related |
|
|
|
|
|
|
|
|
1,065 |
42 |
(10) |
| General and administrative |
|
|
|
|
|
|
|
|
593 |
402 |
150 |
| Total operating expenses |
|
|
|
|
|
|
|
|
16,805 |
3,501 |
2,784 |
| Operating income |
|
|
|
|
|
|
|
|
10,276 |
25,746 |
22,312 |
| Other income (expense) |
|
|
|
|
|
|
|
|
|
|
|
| Interest and other income |
|
|
|
|
|
|
|
|
38 |
(8) |
(1) |
| Interest expense |
|
|
|
|
|
|
|
|
(7,910) |
(11,310) |
(9,297) |
| Net other expenses |
|
|
|
|
|
|
|
|
(7,872) |
(11,318) |
(9,298) |
| Income from continuing operations |
|
|
|
|
|
|
|
|
2,404 |
14,428 |
13,014 |
| Income from discontinued operations |
|
|
|
|
|
|
|
|
9,662 |
3,951 |
14,580 |
| Net income |
|
|
|
|
|
|
|
|
12,066 |
18,379 |
27,594 |
| Net income (loss) attributable to MPT common stockholders/Operating Partnership partners |
|
|
|
|
|
|
|
|
12,066 |
18,379 |
27,594 |
|
Eliminations [Member]
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
| Rent billed |
|
|
|
|
|
|
|
|
(1,030) |
|
|
| Interest and fee income |
|
|
|
|
|
|
|
|
(7,514) |
(10,419) |
(7,711) |
| Total revenues |
|
|
|
|
|
|
|
|
(8,544) |
(10,419) |
(7,711) |
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
| Property-related |
|
|
|
|
|
|
|
|
(1,030) |
|
|
| Total operating expenses |
|
|
|
|
|
|
|
|
(1,030) |
|
|
| Operating income |
|
|
|
|
|
|
|
|
(7,514) |
(10,419) |
(7,711) |
| Other income (expense) |
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
|
|
|
|
|
|
|
7,514 |
10,419 |
7,711 |
| Net other expenses |
|
|
|
|
|
|
|
|
7,514 |
10,419 |
7,711 |
| Equity in earnings of consolidated subsidiaries net of income taxes |
|
|
|
|
|
|
|
|
(111,698) |
(124,089) |
(120,255) |
| Net income |
|
|
|
|
|
|
|
|
(111,698) |
(124,089) |
(120,255) |
| Net income attributable to non-controlling interests |
|
|
|
|
|
|
|
|
99 |
37 |
33 |
| Net income (loss) attributable to MPT common stockholders/Operating Partnership partners |
|
|
|
|
|
|
|
|
$ (111,599) |
$ (124,052) |
$ (120,222) |