Medical properties trust, inc. (MPW)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Revenues
Rent billed

171,767

130,310

124,361

110,882

108,598

104,267

118,238

122,827

128,011

124,642

110,930

103,447

96,763

92,861

82,387

77,960

74,061

70,253

70,358

53,893

53,100

50,070

48,063

45,928

42,957

38,511

31,544

31,024

31,499

28,737

30,298

30,696

30,152

22,931

27,760

27,642

27,355

11,238

23,472

24,312

21,248

Straight-line rent

31,421

33,643

31,026

25,136

20,651

25,584

18,293

15,073

15,791

18,907

17,505

16,277

12,779

14,558

9,741

8,551

8,217

8,372

5,023

5,252

4,728

2,899

5,282

3,178

2,148

2,394

2,884

2,777

2,651

2,483

2,745

1,324

1,359

-121

1,643

2,045

1,710

696

-1,124

-218

1,811

Income from financing leases

52,436

67,449

17,502

17,386

17,280

18,370

18,998

18,934

17,681

19,188

19,115

18,312

17,880

17,126

14,678

13,552

18,951

18,660

14,692

12,808

12,555

12,369

12,308

12,263

12,215

11,546

11,298

9,230

8,756

8,749

5,773

5,371

1,835

-

-

-

-

-

-

-

-

Interest and other income

38,508

25,036

51,867

39,145

33,925

32,357

41,467

45,068

43,563

42,224

29,030

28,771

28,975

28,738

19,749

26,237

33,770

34,261

24,497

27,848

25,578

16,768

15,124

15,191

15,769

15,229

14,380

14,093

14,707

15,118

14,037

11,527

7,921

5,577

5,229

5,269

5,282

5,995

6,296

6,499

7,799

Total revenues

294,132

256,438

224,756

192,549

180,454

180,578

196,996

201,902

205,046

204,961

176,580

166,807

156,397

153,283

126,555

126,300

134,999

131,546

114,570

99,801

95,961

82,106

80,777

76,560

73,089

67,680

60,106

57,124

57,613

55,087

52,853

48,918

41,267

28,387

34,632

34,956

34,347

17,929

28,644

30,593

30,858

Expenses
Interest

80,899

70,434

64,519

52,326

50,551

50,910

57,215

58,126

57,023

56,456

42,759

39,710

38,029

38,465

40,262

41,501

39,369

35,685

31,643

26,890

26,666

26,701

25,481

24,362

21,612

20,851

15,830

14,641

15,424

15,512

15,046

14,889

12,796

11,349

11,935

12,387

8,139

7,877

8,092

8,557

9,458

Real estate depreciation and amortization

60,921

44,152

40,833

33,976

33,352

32,866

29,949

34,466

35,802

36,112

31,915

29,493

27,586

26,524

23,876

22,832

21,142

20,139

20,016

14,956

14,756

14,452

13,354

12,442

13,690

11,152

8,714

8,643

8,469

7,877

8,308

8,337

8,293

6,962

7,700

7,915

7,570

2,798

6,209

5,766

6,124

Property-related

5,572

8,598

4,038

8,290

3,066

2,414

2,719

1,920

2,184

1,811

1,519

1,153

1,328

1,120

-93

784

901

1,184

1,727

530

351

451

700

-38

738

934

458

649

409

450

214

586

227

194

260

212

58

2,325

600

927

529

General and administrative

33,385

27,402

23,286

22,272

23,451

21,734

20,982

19,552

17,818

15,312

15,011

15,079

13,197

13,090

12,305

12,045

11,471

11,314

10,778

10,642

10,905

11,437

8,672

8,206

8,959

8,901

6,285

7,111

7,766

7,221

7,052

6,697

7,592

6,662

5,737

7,818

6,874

5,977

5,849

8,579

6,104

Acquisition costs

-

-

-

-

-

-

506

411

-

8,649

7,434

10,806

2,756

39,894

2,677

4,767

-1,065

4,345

24,949

25,809

6,239

18,456

4,886

2,535

512

13,036

4,179

2,088

191

1,306

410

279

3,425

998

530

616

2,040

713

364

884

65

Total expenses

180,777

150,586

132,676

116,864

110,420

107,924

111,371

114,475

112,827

118,340

98,638

96,241

82,896

232,930

38,685

47,803

32,449

36,982

57,470

51,937

32,251

44,797

27,612

52,776

44,395

34,023

19,636

18,491

16,835

16,854

15,984

15,899

19,537

14,252

14,227

17,125

16,542

11,813

13,022

16,156

24,822

Operating income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87,870

78,497

102,550

94,564

57,100

47,864

63,710

37,309

53,165

23,784

28,694

33,657

40,470

38,633

40,778

38,233

36,869

33,019

21,730

14,135

20,405

17,831

17,805

6,116

15,622

14,437

6,036

Other income (expense)
Gain on sale of real estate

1,325

-

209

-147

-

46,570

647,204

24,151

1,467

0

18

0

7,413

-70

44,616

16,638

40

-

3,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate impairment charges

19,006

-

-

-

-

-

-

-

-

-

-

-

-

-

-80

7,375

-

-

-

-

-

0

1

29,631

20,496

-

-

-

-

-

-

-

-

-

-

564

-

0

0

0

12,000

Earnings from equity interests

4,079

4,416

3,474

4,441

3,720

3,623

3,116

4,155

3,271

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unutilized financing fees

611

-

3,959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt refinancing and unutilized financing costs

-

-

-

-

-

-

-

-

-

13,780

4,414

751

13,629

-

-

-

-

-

-

-

-

-

-

290

-

-

-

-

-

-

-

-

-

-

10,425

3,789

-

-

342

6,214

-

Earnings (losses) from equity and other interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,245

1,200

-5,001

-

476

1,853

-

500

1,153

686

220

1,043

843

1,176

492

-

1,065

879

-

-

9

2

-

-

-

-

-

Interest and other (expense) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

19

-14

-15

1,475

29

-16

Unutilized financing fees/ debt refinancing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,535

0

4

-

4,080

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (including mark-to-market adjustments on equity securities)

-13,975

2,066

-2,282

-333

204

226

2,595

-2,153

-4,739

-8,625

3,865

3,367

1,767

-1,501

99

-546

329

-185

-1,918

225

-796

2,580

75

19

-50

-75

3

-22

-225

-1,607

-23

-17

-15

-

-

-

-

-

-

-

-

Total other (expense) income

-28,188

24,802

-2,558

3,961

3,924

2,412

652,915

26,153

-1

-12,347

-531

2,616

-4,449

116,061

-17,327

-24,573

-44,324

-36,225

-33,977

-25,375

-27,734

-22,280

-24,502

-23,987

-21,385

-20,348

-15,078

-13,602

-15,209

-16,139

-14,004

-14,027

-12,811

-11,439

-22,309

-16,155

-8,153

-8,007

-6,959

-14,742

-9,474

Income before income tax

85,167

130,654

89,522

79,646

73,958

75,066

738,540

113,580

92,218

74,274

77,411

73,182

69,052

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax (expense) benefit

4,010

731

-745

-274

-2,333

-3,875

2,064

1,563

1,175

1,898

530

-614

867

-8,003

490

364

319

485

80

563

375

108

249

40

-57

465

94

115

52

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70,543

53,924

58,226

58,339

23,123

22,489

35,976

15,029

28,663

-203

7,309

13,309

25,392

25,031

25,569

22,094

22,865

18,992

8,919

2,696

-1,904

1,676

9,652

-1,891

8,663

-305

-3,438

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-1

-

-

-

-

0

0

0

-2

4,588

311

2,374

641

6,509

8,643

368

1,687

10,043

2,372

1,007

1,172

12,520

301

6,537

625

Net income

81,157

129,923

90,267

79,920

76,291

78,941

736,476

112,017

91,043

72,376

76,881

73,796

68,185

43,245

70,543

53,924

58,225

58,339

23,123

22,489

35,976

15,029

28,663

-203

7,307

17,897

25,703

27,405

26,210

28,603

31,508

19,360

10,606

12,739

468

2,683

10,824

10,629

8,964

6,232

-2,813

Net income attributable to non-controlling interests

165

285

481

482

469

458

442

450

442

432

417

381

215

206

185

200

298

102

66

82

79

83

126

-1

66

58

55

57

54

47

44

44

42

48

43

43

44

36

45

9

9

Net income attributable to MPT common stockholders (Operating Partnership partners)

80,992

129,638

89,786

79,438

75,822

78,483

736,034

111,567

90,601

71,944

76,464

73,415

67,970

43,039

70,358

53,724

57,927

58,237

23,057

22,407

35,897

14,947

28,537

-203

7,241

17,839

25,648

27,348

26,156

28,556

31,464

19,316

10,564

12,691

425

2,640

10,780

10,593

8,919

6,223

-2,822

Earnings per common share (units) basic and diluted
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.24

-

-

-

-

-

0.16

-

-

-

-

-

-

-

-

-

-

-

-0.02

0.01

0.08

-

0.08

0.00

-0.05

Loss from discontinued operations attributable to MPT common stockholders (Operating Partnership partners)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to MPT common stockholders (Operating Partnership partners)

0.15

-

-

0.20

0.20

-

-

0.30

0.25

-

-

0.21

0.21

-

-

-

0.24

-

-

-

-

-

0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share (unit) — basic
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.29

0.23

-

0.25

0.10

0.11

0.18

-

-

-

0.04

0.09

0.16

0.16

0.18

0.16

0.17

0.14

0.07

-

-

-

-

-

-

-

-

Loss from discontinued operations attributable to MPT common stockholders(Operating Partnership partners)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

0.00

0.00

0.00

0.00

-

-

-

0.00

0.03

-0.01

0.02

0.01

0.05

0.06

0.01

0.01

0.09

0.02

0.01

0.01

0.12

0.01

0.06

0.01

Net income attributable to MPT common stockholders (Operating Partnership partners)

-

-

0.20

-

-

-

2.01

-

-

-

0.21

-

-

-

0.29

0.23

-

0.25

0.10

0.11

0.18

-

-

-

0.04

0.11

0.16

0.18

0.19

0.22

0.23

0.14

0.08

0.11

0.01

0.02

0.09

0.12

0.08

0.06

-0.04

Weighted average shares / units outstanding:
Weighted average shares (units) outstanding basic

521,076

493,594

439,581

394,574

380,551

366,653

365,024

364,897

364,882

364,380

364,315

349,856

321,057

319,834

246,230

238,082

237,510

237,011

223,948

208,071

202,958

172,412

171,893

171,718

163,973

161,142

154,758

149,509

140,347

134,922

134,781

134,715

124,906

110,789

110,714

110,589

110,400

213,498

110,046

103

79,176

Earnings per share (unit) — diluted
Income from continuing operations attributable to MPT common stockholders (Operating Partnership partners)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.28

0.22

-

0.25

0.10

0.11

0.17

-

-

-

0.04

0.08

0.16

0.16

0.18

0.44

0.17

-0.14

0.07

-

-

-

-

-

-

-

-

Loss from discontinued operations attributable to MPT common stockholders(Operating Partnership partners)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

0.00

0.00

0.00

0.00

-

-

-

0.00

0.03

0.00

0.02

0.00

0.05

0.06

0.01

0.01

-

-

-

-

-

-

-

-

Net income attributable to MPT common stockholders (Operating Partnership partners)

-

-

0.20

-

-

-

2.00

-

-

-

0.21

-

-

-

0.28

0.22

-

0.25

0.10

0.11

0.17

-

-

-

0.04

0.11

0.16

0.18

0.18

0.22

0.23

0.14

0.08

-

-

-

-

-

-

-

-

Weighted average shares (units) outstanding diluted

522,179

494,896

440,933

395,692

381,675

367,733

366,467

365,541

365,343

364,976

365,046

350,319

321,423

319,993

247,468

239,008

237,819

237,013

223,948

208,640

203,615

172,603

172,639

172,369

164,549

161,841

155,969

151,056

141,526

134,929

134,782

134,715

124,906

110,789

110,719

110,600

110,408

213,506

110,046

103

79,176

Dividends declared per common share (unit)

0.27

-

0.26

0.25

0.25

-

0.25

0.25

0.25

-

0.24

0.24

0.24

-

0.23

0.23

0.22

-

0.22

0.22

0.22

-

0.21

0.21

0.21

-

0.20

0.20

0.20

-

0.20

0.20

0.20

-

0.20

0.20

0.20

-

0.20

0.20

0.20

MPT Operating Partnership, L.P. [Member]
Rent billed

171,767

130,310

124,361

110,882

108,598

104,267

118,238

122,827

128,011

124,642

110,930

103,447

96,763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Straight-line rent

31,421

33,643

31,026

25,136

20,651

25,584

18,293

15,073

15,791

18,907

17,505

16,277

12,779

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from financing leases

52,436

67,449

17,502

17,386

17,280

18,370

18,998

18,934

17,681

19,188

19,115

18,312

17,880

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income

38,508

25,036

51,867

39,145

33,925

32,357

41,467

45,068

43,563

42,224

29,030

28,771

28,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

294,132

256,438

224,756

192,549

180,454

180,578

196,996

201,902

205,046

204,961

176,580

166,807

156,397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

80,899

70,434

64,519

52,326

50,551

50,910

57,215

58,126

57,023

56,456

42,759

39,710

38,029

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate depreciation and amortization

60,921

44,152

40,833

33,976

33,352

32,866

29,949

34,466

35,802

36,112

31,915

29,493

27,586

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property-related

5,572

8,598

4,038

8,290

3,066

2,414

2,719

1,920

2,184

1,811

1,519

1,153

1,328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

33,385

27,402

23,286

22,272

23,451

21,734

20,982

19,552

17,818

15,312

15,011

15,079

13,197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition costs

-

-

-

-

-

-

506

411

-

8,649

7,434

10,806

2,756

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

180,777

150,586

132,676

116,864

110,420

107,924

111,371

114,475

112,827

118,340

98,638

96,241

82,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate

1,325

-

209

-147

-

46,570

647,204

24,151

1,467

0

18

0

7,413

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate impairment charges

19,006

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings from equity interests

4,079

4,416

3,474

4,441

3,720

3,623

3,116

4,155

3,271

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unutilized financing fees

611

-

3,959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt refinancing and unutilized financing costs

-

-

-

-

-

-

-

-

-

13,780

4,414

751

13,629

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (including mark-to-market adjustments on equity securities)

-13,975

2,066

-2,282

-333

204

226

2,595

-2,153

-4,739

-8,625

3,865

3,367

1,767

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other (expense) income

-28,188

24,802

-2,558

3,961

3,924

2,412

652,915

26,153

-1

-12,347

-531

2,616

-4,449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income tax

85,167

130,654

89,522

79,646

73,958

75,066

738,540

113,580

92,218

74,274

77,411

73,182

69,052

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax (expense) benefit

4,010

731

-745

-274

-2,333

-3,875

2,064

1,563

1,175

1,898

530

-614

867

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

81,157

129,923

90,267

79,920

76,291

78,941

736,476

112,017

91,043

72,376

76,881

73,796

68,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to non-controlling interests

165

285

481

482

469

458

442

450

442

432

417

381

215

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to MPT common stockholders (Operating Partnership partners)

80,992

129,638

89,786

79,438

75,822

78,483

736,034

111,567

90,601

71,944

76,464

73,415

67,970

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to MPT common stockholders (Operating Partnership partners)

0.15

0.27

0.20

0.20

0.20

0.21

2.01

0.30

0.25

0.19

0.21

0.21

0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares (units) outstanding basic

521,076

493,594

439,581

394,574

380,551

366,653

365,024

364,897

364,882

364,380

364,315

349,856

321,057

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to MPT common stockholders (Operating Partnership partners)

-

-

0.20

-

-

-

2.00

-

-

-

0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares (units) outstanding diluted

522,179

494,896

440,933

395,692

381,675

367,733

366,467

365,541

365,343

364,976

365,046

350,319

321,423

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared per common share (unit)

0.27

-

0.26

0.25

0.25

-

0.25

0.25

0.25

-

0.24

0.24

0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-