|
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Mar. 31, 2013
|
Dec. 31, 2012
|
| Real estate assets |
|
|
| Land, buildings and improvements, and intangible lease assets |
$ 1,293,913 |
$ 1,280,715 |
| Mortgage loans |
368,650 |
368,650 |
| Net investment in direct financing leases |
315,639 |
314,412 |
| Gross investment in real estate assets |
1,978,202 |
1,963,777 |
| Accumulated depreciation and amortization |
(135,380) |
(126,734) |
| Net investment in real estate assets |
1,842,822 |
1,837,043 |
| Cash and cash equivalents |
75,675 |
37,311 |
| Interest and rent receivable |
49,838 |
45,289 |
| Straight-line rent receivable |
38,561 |
35,860 |
| Other loans |
157,953 |
159,243 |
| Other assets |
62,347 |
64,140 |
| Total Assets |
2,227,196 |
2,178,886 |
| Liabilities |
|
|
| Debt, net |
900,133 |
1,025,160 |
| Accounts payable and accrued expenses |
65,621 |
65,961 |
| Deferred revenue |
19,384 |
20,609 |
| Lease deposits and other obligations to tenants |
20,487 |
17,342 |
| Total liabilities |
1,005,625 |
1,129,072 |
| Equity/Capital |
|
|
| Preferred stock, $0.001 par value. Authorized 10,000 shares; no shares outstanding |
|
|
| Common stock, $0.001 par value. Authorized 250,000 shares; issued and outstanding - 149,141 shares at March 31, 2013, and 136,335 shares at December 31, 2012 |
149 |
136 |
| Additional paid in capital |
1,470,737 |
1,295,916 |
| Distributions in excess of net income |
(237,398) |
(233,494) |
| Accumulated other comprehensive loss |
(11,655) |
(12,482) |
| Treasury shares, at cost |
(262) |
(262) |
| Total Equity |
1,221,571 |
1,049,814 |
| Total Liabilities and Capital |
2,227,196 |
2,178,886 |
|
MPT Operating Partnership, L.P.
|
|
|
| Real estate assets |
|
|
| Land, buildings and improvements, and intangible lease assets |
1,293,913 |
1,280,715 |
| Mortgage loans |
368,650 |
368,650 |
| Net investment in direct financing leases |
315,639 |
314,412 |
| Gross investment in real estate assets |
1,978,202 |
1,963,777 |
| Accumulated depreciation and amortization |
(135,380) |
(126,734) |
| Net investment in real estate assets |
1,842,822 |
1,837,043 |
| Cash and cash equivalents |
75,675 |
37,311 |
| Interest and rent receivable |
49,838 |
45,289 |
| Straight-line rent receivable |
38,561 |
35,860 |
| Other loans |
157,953 |
159,243 |
| Other assets |
62,347 |
64,140 |
| Total Assets |
2,227,196 |
2,178,886 |
| Liabilities |
|
|
| Debt, net |
900,134 |
1,025,160 |
| Accounts payable and accrued expenses |
35,350 |
38,177 |
| Deferred revenue |
19,384 |
20,609 |
| Lease deposits and other obligations to tenants |
20,487 |
17,342 |
| Payable due to Medical Properties Trust, Inc. |
29,881 |
27,394 |
| Total liabilities |
1,005,236 |
1,128,682 |
| Equity/Capital |
|
|
| General Partner - issued and outstanding - 1,486 units at March 31, 2013 and 1,357 units at December 31, 2012 |
12,340 |
10,630 |
| Accumulated other comprehensive loss |
(11,655) |
(12,482) |
| Total capital |
1,221,960 |
1,050,204 |
| Total Liabilities and Capital |
2,227,196 |
2,178,886 |
|
MPT Operating Partnership, L.P. | Common Units
|
|
|
| Equity/Capital |
|
|
| Limited Partners Capital |
$ 1,221,275 |
$ 1,052,056 |