Medical properties trust, inc. (MPW)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities
Net income

376,401

1,018,477

291,238

225,937

139,927

50,796

97,215

90,077

26,714

23,012

36,367

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

156,575

141,492

131,979

97,601

71,827

55,162

38,818

35,593

35,477

26,312

26,309

Amortization of deferred financing costs and debt discount

8,881

7,363

6,521

7,613

6,085

5,105

3,559

3,457

9,289

6,110

5,824

Premium on extinguishment of debt

-

-

-

-

-

-

-

-

13,091

3,833

-

Direct financing lease interest accretion

-

-

-

9,120

8,032

6,701

5,774

3,104

-

-

-

Straight-line rent revenue and other

138,806

100,594

80,741

41,567

26,187

16,325

11,265

8,309

5,277

4,932

9,536

Share / (Unit)-based compensation expense

32,200

16,500

9,900

7,942

11,122

9,165

8,833

7,637

6,983

6,616

5,488

Gain from sale of real estate and other

41,560

719,392

7,431

61,224

3,268

2,857

7,659

16,369

5,431

10,566

278

Impairment charges

21,031

48,007

-

7,229

-

50,128

-

-

564

12,000

-

Straight-line rent and other write-off, net of tax

15,539

18,002

5,340

3,063

2,812

2,818

1,457

6,456

2,470

3,694

1,111

Debt refinancing and unutilized financing costs

6,106

-

32,574

-

-

-

-

-

-

-

-

Provision for uncollectible receivables and loans

-

-

-

-

-

-

-

-

1,499

2,400

-

Unutilized financing costs

-

-

-

-

4,367

1,698

-

-

-

-

-

Debt refinancing costs

-

-

-

22,539

-

-

-

-

-

-

-

Payment of discount on extinguishment of debt

-

-

-

-

-

-

-

-

4,850

7,324

-

Other adjustments

-4,637

3,768

1,204

-3,563

6,334

1,178

70

-538

-1,058

30

1,167

Changes in:
Interest and rent receivables

-12,906

-46,498

21,116

13,247

5,599

3,856

13,211

17,261

6,118

5,490

2,433

Other assets

4,992

18,051

5,318

19,202

8,297

-764

-1,855

-91

-142

566

-126

Accounts payable and accrued expenses

39,630

-5,596

2,494

41,583

26,540

6,209

23,867

9,201

5,354

-3,177

1,700

Deferred revenue

5,581

145

-2,050

-8,872

2,033

-485

3,177

-2,698

170

8,745

-760

Net cash provided by operating activities

494,117

449,088

362,235

263,838

206,996

150,443

140,802

105,309

79,270

60,637

62,751

Investing activities
Cash paid for acquisitions and other related investments

4,565,594

1,430,995

2,246,788

1,682,409

2,218,869

767,696

654,922

621,490

278,963

137,808

421

Net proceeds from sale of real estate

111,766

1,513,666

64,362

198,767

19,175

34,649

32,409

71,202

41,130

97,669

15,000

Principal received on loans receivable

920

885,917

8,480

906,757

771,785

11,265

7,249

10,931

4,289

90,486

4,305

Investment in loans receivable

54,088

212,002

19,338

109,027

354,001

12,782

3,746

1,293

861

11,637

23,243

Construction in progress and other

83,798

53,967

73,812

171,209

146,372

102,333

41,452

44,570

22,999

6,638

-

Capital additions and other investments, net

293,163

138,441

94,970

-

-

-

-

-

-

-

-

Investment in unsecured senior notes

-

-

-

50,000

-

-

-

-

-

-

-

Proceeds from sale of unsecured notes

-

-

-

50,000

-

-

-

-

-

-

-

Other investments, net

-

-

-

69,423

17,339

13,126

52,115

31,908

8,217

9,291

7,777

Net cash used for investing activities

-4,883,957

564,178

-2,362,066

-926,544

-1,945,621

-850,023

-712,577

-617,128

-265,621

22,781

-12,136

Financing activities
Proceeds from term debt

3,048,424

759,735

2,355,280

1,000,000

681,000

425,000

424,580

300,000

450,000

148,500

-

Payments of term debt

-

-

1,038,221

575,299

283

100,266

11,249

232

246,262

216,765

1,232

Payment of deferred financing costs

30,186

-

32,794

15,468

7,686

14,496

9,760

6,247

15,454

6,796

-232

Revolving credit facilities, net

-65,736

-811,718

550,415

-810,000

509,415

490,625

-20,000

-35,400

-89,600

137,200

55,800

Dividends / Distribution paid

411,697

363,906

326,729

218,393

182,980

144,365

120,309

103,952

89,601

77,087

61,649

Lease deposits and other obligations to tenants

12,260

20,606

-27,525

-14,557

10,839

-7,892

-3,231

-11,436

8,621

3,667

-3,390

Proceeds from sale of units, net of offering costs

2,533,210

94,239

547,785

1,173,651

817,389

138,173

313,330

233,048

-

288,066

68,003

Payment of deferred financing costs and other financing activities

-19,871

-3,614

-12,984

-16,485

-5,326

-

-

-177

-6,235

-2,702

-

Net cash provided by financing activities

5,041,884

-345,870

2,070,277

552,563

1,800,690

802,563

579,823

446,404

190,669

-317

-47,056

(Decrease) increase in cash, cash equivalents, and restricted cash for period

652,044

667,396

70,446

-110,143

62,065

102,983

8,048

-65,415

4,318

83,101

3,559

Effect of exchange rate changes

-6,478

-17,218

16,920

-3,003

-11,065

-4,421

620

-

0

-

-

Interest paid

211,163

221,779

149,798

138,770

107,228

91,890

58,110

51,440

38,463

29,679

33,272

Supplemental schedule of non-cash investing activities:
Real estate acquired via assumption of mortgage loan

-

-

-

-

-

-

-

-

14,592

-

-

Mortgage loan issued from sale of real estate

-

-

-

-

-

12,500

-

3,650

-

-

-

(Decrease) increase in development project construction costs incurred, not paid

-

-

-

-

2,684

-

-

-

-

-

-

Supplemental schedule of non-cash financing activities:
Assumption of mortgage loan (as part of real estate acquired)

-

-

-

-

-

-

-

-

14,592

-

-

MPT Operating Partnership, L.P. [Member]
Net income

376,401

1,018,477

291,238

225,937

-

-

-

-

-

-

-

Depreciation and amortization

156,575

141,492

131,979

97,601

-

-

-

-

-

-

-

Amortization of deferred financing costs and debt discount

8,881

7,363

6,521

7,613

-

-

-

-

-

-

-

Direct financing lease interest accretion

-

-

-

9,120

-

-

-

-

-

-

-

Straight-line rent revenue and other

138,806

100,594

80,741

41,567

-

-

-

-

-

-

-

Share / (Unit)-based compensation expense

32,188

16,505

9,949

7,942

-

-

-

-

-

-

-

Gain from sale of real estate and other

41,560

719,392

7,431

61,224

-

-

-

-

-

-

-

Impairment charges

21,031

48,007

-

7,229

-

-

-

-

-

-

-

Straight-line rent and other write-off, net of tax

15,539

18,002

5,340

3,063

-

-

-

-

-

-

-

Debt refinancing and unutilized financing costs

6,106

-

32,574

22,539

-

-

-

-

-

-

-

Other adjustments

-4,637

3,768

1,204

-3,563

-

-

-

-

-

-

-

Interest and rent receivables

-12,906

-46,498

21,116

13,247

-

-

-

-

-

-

-

Other assets

4,992

18,051

5,318

19,202

-

-

-

-

-

-

-

Accounts payable and accrued expenses

39,630

-5,596

2,494

41,583

-

-

-

-

-

-

-

Deferred revenue

5,581

145

-2,050

-8,872

-

-

-

-

-

-

-

Net cash provided by operating activities

494,117

449,088

362,235

263,838

-

-

-

-

-

-

-

Cash paid for acquisitions and other related investments

4,565,594

1,430,995

2,246,788

1,682,409

-

-

-

-

-

-

-

Net proceeds from sale of real estate

111,766

1,513,666

64,362

198,767

-

-

-

-

-

-

-

Principal received on loans receivable

920

885,917

8,480

906,757

-

-

-

-

-

-

-

Investment in loans receivable

54,088

212,002

19,338

109,027

-

-

-

-

-

-

-

Construction in progress and other

83,798

53,967

73,812

171,209

-

-

-

-

-

-

-

Capital additions and other investments, net

293,163

138,441

94,970

-

-

-

-

-

-

-

-

Investment in unsecured senior notes

-

-

-

50,000

-

-

-

-

-

-

-

Proceeds from sale of unsecured notes

-

-

-

50,000

-

-

-

-

-

-

-

Other investments, net

-

-

-

69,423

-

-

-

-

-

-

-

Net cash used for investing activities

-4,883,957

564,178

-2,362,066

-926,544

-

-

-

-

-

-

-

Proceeds from term debt

3,048,424

759,735

2,355,280

1,000,000

-

-

-

-

-

-

-

Payments of term debt

-

-

1,038,221

575,299

-

-

-

-

-

-

-

Payment of deferred financing costs

30,186

-

32,794

15,468

-

-

-

-

-

-

-

Revolving credit facilities, net

-65,736

-811,718

550,415

-810,000

-

-

-

-

-

-

-

Dividends / Distribution paid

411,697

363,906

326,729

218,393

-

-

-

-

-

-

-

Lease deposits and other obligations to tenants

12,260

20,606

-27,525

-14,557

-

-

-

-

-

-

-

Proceeds from sale of units, net of offering costs

2,533,210

94,239

547,785

1,173,651

-

-

-

-

-

-

-

Payment of deferred financing costs and other financing activities

-19,871

-3,614

-12,984

-16,485

-

-

-

-

-

-

-

Net cash provided by financing activities

5,041,884

-345,870

2,070,277

552,563

-

-

-

-

-

-

-

(Decrease) increase in cash, cash equivalents, and restricted cash for period

652,044

667,396

70,446

-110,143

-

-

-

-

-

-

-

Effect of exchange rate changes

-6,478

-17,218

16,920

-3,003

-

-

-

-

-

-

-

Interest paid

211,163

221,779

149,798

138,770

-

-

-

-

-

-

-