2023 Q1 Form 10-K Financial Statement

#000095017023005575 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $350.2M $380.5M $1.543B
YoY Change -14.54% -7.05% -0.12%
Cost Of Revenue $182.1M $7.699M $167.4M
YoY Change 93.69% -1.71% 65.05%
Gross Profit $168.2M $372.8M $1.375B
YoY Change -46.75% -7.15% -4.7%
Gross Profit Margin 48.01% 97.98% 89.15%
Selling, General & Admin $41.72M $42.89M $160.5M
YoY Change 0.72% 11.92% 5.63%
% of Gross Profit 24.81% 11.51% 11.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $87.59M $81.45M $345.6M
YoY Change -1.32% -7.08% 3.53%
% of Gross Profit 52.09% 21.85% 25.12%
Operating Expenses $125.6M $124.3M $493.5M
YoY Change -0.91% 1.49% 4.29%
Operating Profit $42.57M $248.4M $882.0M
YoY Change -77.49% -10.95% -9.08%
Interest Expense $97.65M -$84.85M $359.0M
YoY Change 7.1% -24.53% -2.27%
% of Operating Profit 229.41% -34.15% 40.71%
Other Income/Expense, Net -$83.29M -$5.531M $315.1M
YoY Change -118.1% -458.92% 428.67%
Pretax Income $36.57M -$124.9M $959.7M
YoY Change -94.32% -159.02% 31.31%
Income Tax $3.543M $15.29M $55.90M
% Of Pretax Income 9.69% 5.82%
Net Earnings $32.79M -$141.0M $902.6M
YoY Change -94.81% -168.29% 37.59%
Net Earnings / Revenue 9.36% -37.07% 58.5%
Basic Earnings Per Share $0.05 $1.50
Diluted Earnings Per Share $0.05 -$0.24 $1.50
COMMON SHARES
Basic Shares Outstanding 598.3M 598.0M 598.6M
Diluted Shares Outstanding 598.3M 598.8M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $302.3M $235.7M $235.7M
YoY Change 21.49% -48.68% -48.68%
Cash & Equivalents $302.3M $235.7M $235.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.113B $1.023B $1.023B
YoY Change 22.43% -13.88% -13.88%
LONG-TERM ASSETS
Property, Plant & Equipment $17.51B $17.67B $17.67B
YoY Change -4.06% 7.51% 7.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $18.54B $18.64B $18.64B
YoY Change -1.97% -3.6% -3.6%
TOTAL ASSETS
Total Short-Term Assets $1.113B $1.023B $1.023B
Total Long-Term Assets $18.54B $18.64B $18.64B
Total Assets $19.65B $19.66B $19.66B
YoY Change -0.85% -4.2% -4.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $595.3M $621.3M $621.3M
YoY Change 0.04% 2.23% 2.23%
Accrued Expenses $101.6M
YoY Change 19.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $739.4M $767.5M $767.5M
YoY Change -2.93% 0.22% 0.47%
LONG-TERM LIABILITIES
Long-Term Debt $10.44B $10.27B $10.27B
YoY Change 3.16% -8.99% -9.01%
Other Long-Term Liabilities $29.39M $27.73M $27.73M
YoY Change 56.05% 8.47% 8.47%
Total Long-Term Liabilities $10.47B $10.30B $10.30B
YoY Change 3.26% -8.95% -8.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $739.4M $767.5M $767.5M
Total Long-Term Liabilities $10.47B $10.30B $10.30B
Total Liabilities $11.21B $11.06B $11.07B
YoY Change 2.83% -8.37% -8.4%
SHAREHOLDERS EQUITY
Retained Earnings -$25.41M $116.3M
YoY Change -106.87% -232.61%
Common Stock $8.542B $8.536B
YoY Change -0.08% -0.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.442B $8.593B $8.593B
YoY Change
Total Liabilities & Shareholders Equity $19.65B $19.66B $19.66B
YoY Change -0.85% -4.2% -4.2%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $32.79M -$141.0M $902.6M
YoY Change -94.81% -168.29% 37.59%
Depreciation, Depletion And Amortization $87.59M $81.45M $345.6M
YoY Change -1.32% -7.08% 3.53%
Cash From Operating Activities $135.6M $181.1M $739.0M
YoY Change -24.38% -22.66% -8.95%
INVESTING ACTIVITIES
Capital Expenditures $86.19M $372.2M $1.442B
YoY Change -111.33% -132.68% -126.62%
Acquisitions
YoY Change
Other Investing Activities $103.4M -$90.08M $1.838B
YoY Change -93.7% -118.0% 17.87%
Cash From Investing Activities $17.18M -$462.3M $396.1M
YoY Change -98.05% -27.6% -110.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $17.94M
YoY Change -98.29%
Debt Paid & Issued, Net $869.6M
YoY Change -37.48%
Cash From Financing Activities -89.13M 201.2M -1.343B
YoY Change -92.95% -60.63% -145.55%
NET CHANGE
Cash From Operating Activities 135.6M 181.1M 739.0M
Cash From Investing Activities 17.18M -462.3M 396.1M
Cash From Financing Activities -89.13M 201.2M -1.343B
Net Change In Cash 63.70M -79.99M -207.5M
YoY Change -131.01% -175.0% 109.24%
FREE CASH FLOW
Cash From Operating Activities $135.6M $181.1M $739.0M
Capital Expenditures $86.19M $372.2M $1.442B
Free Cash Flow $49.46M -$191.1M -$703.2M
YoY Change -94.74% -113.92% -111.29%

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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2020 us-gaap Profit Loss
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CY2021 mpw Other Comprehensive Income Unrealized Gain Loss On Derivatives Net Of Tax
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RealEstateAndOtherImpairmentCharges
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RealEstateAndOtherImpairmentCharges
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CY2022 mpw Write Off Of Unbilled Rent And Other
WriteOffOfUnbilledRentAndOther
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CY2021 mpw Write Off Of Unbilled Rent And Other
WriteOffOfUnbilledRentAndOther
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CY2020 mpw Write Off Of Unbilled Rent And Other
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CY2020 mpw Tax Rate And Other Changes
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CY2021 mpw Payments For Capital Additions And Other Investments Net
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RestrictedCashAndCashEquivalents
5870000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2655000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6485000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
241538000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
461882000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
556369000
CY2022Q4 mpw Number Of Facilities
NumberOfFacilities
444
CY2022Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
31
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates:</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> The preparation of our consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We believe the estimates and assumptions underlying our consolidated financial statements at December 31, 2022 are reasonable and supportable based on the information available (particularly as it relates to our assessments of the recoverability of our real estate and the adequacy of our credit loss reserves on loans and financing receivables). Actual results could differ from those estimates.</span></p>
CY2022Q4 mpw Threshold Ownership Percentage For Inter Company Balances And Transactions Elimination
ThresholdOwnershipPercentageForInterCompanyBalancesAndTransactionsElimination
1
CY2022Q4 mpw Loans And Or Equity Investments In Variable Interest Entities
LoansAndOrEquityInvestmentsInVariableInterestEntities
633000000
CY2022 mpw Expected Lease Up Periods For Estimating Lost Rentals
ExpectedLeaseUpPeriodsForEstimatingLostRentals
P6M
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
48527000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8726000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
99009000
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
41710000
CY2022Q4 mpw Financing Receivable Allowances Of Credit Losses Related To Financial Instrument Sold
FinancingReceivableAllowancesOfCreditLossesRelatedToFinancialInstrumentSold
-26390000
CY2021Q4 mpw Financing Receivable Allowances Of Credit Losses Related To Financial Instrument Sold
FinancingReceivableAllowancesOfCreditLossesRelatedToFinancialInstrumentSold
-1909000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
121146000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
48527000
CY2022 mpw Percentage Of Ordinary Taxable Income To Be Distributed For Real Estate Investment Trust Qualification
PercentageOfOrdinaryTaxableIncomeToBeDistributedForRealEstateInvestmentTrustQualification
0.90
CY2022 mpw Term Of Federal Income Tax At Corporate Rates On Failure To Qualify As Real Estate Investment Trust
TermOfFederalIncomeTaxAtCorporateRatesOnFailureToQualifyAsRealEstateInvestmentTrust
P4Y
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Reclassifications: </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Certain amounts in the consolidated financial statements for prior periods have been reclassified to conform to the current period presentation. For the year ended December 31, 2021, $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">39.4</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">has been reclassified from "Other (including fair</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">value </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">adjustments on securities)" to "Real estate and other impairment charges, net" in our consolidated statements of Net Income. There is no impact to net income.</span></p>
CY2021 mpw Real Estate And Other Impairment Charges
RealEstateAndOtherImpairmentCharges
39400000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
25727000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
82508000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
140866000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
1332962000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
5350239000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
4249180000
CY2021Q4 mpw Business Combination Loans Paid Down On Acquisition Loans
BusinessCombinationLoansPaidDownOnAcquisitionLoans
1103410000
CY2020Q4 mpw Business Combination Loans Paid Down On Acquisition Loans
BusinessCombinationLoansPaidDownOnAcquisitionLoans
834743000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
1332962000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
4246829000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
3414437000
CY2022Q1 mpw Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities And Other Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilitiesAndOtherLiabilities
26000000
CY2022 mpw Number Of Development Of New Projects
NumberOfDevelopmentOfNewProjects
5
CY2022Q4 mpw Development Projects Original Commitment Amount
DevelopmentProjectsOriginalCommitmentAmount
406661000
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
167420000
CY2022 mpw Number Of Facilities Sold
NumberOfFacilitiesSold
15
CY2022 mpw Number Of Ancillary Properties Sold
NumberOfAncillaryPropertiesSold
5
CY2022 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
522000000
CY2022 mpw Straight Line Rent Write Offs
StraightLineRentWriteOffs
42000
CY2021Q4 mpw Number Of Operations Sold
NumberOfOperationsSold
3
CY2021Q4 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
54500000
CY2021Q4 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
-40000000
CY2021 mpw Number Of Facilities Sold
NumberOfFacilitiesSold
16
CY2021 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
246000000
CY2021 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
52500000
CY2020 mpw Number Of Facilities Sold
NumberOfFacilitiesSold
9
CY2020 mpw Number Of Properties Sold
NumberOfPropertiesSold
6
CY2020 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
94000
CY2020 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
-2800000
CY2022Q4 mpw Intangible Lease Assets
IntangibleLeaseAssets
1400000000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1200000000
CY2021Q4 mpw Intangible Lease Assets
IntangibleLeaseAssets
1400000000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1300000000
CY2022Q4 mpw Finite Lived Intangible Assets Amortization Expenses
FiniteLivedIntangibleAssetsAmortizationExpenses
55900000
CY2021Q4 mpw Finite Lived Intangible Assets Amortization Expenses
FiniteLivedIntangibleAssetsAmortizationExpenses
56000000.0
CY2020Q4 mpw Finite Lived Intangible Assets Amortization Expenses
FiniteLivedIntangibleAssetsAmortizationExpenses
42400000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
56740000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
56683000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
56535000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
56266000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
55932000
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P23Y8M12D
CY2022Q4 us-gaap Lessor Operating Lease Renewal Term
LessorOperatingLeaseRenewalTerm
P5Y
CY2022 mpw Leases Annual Rent Escalations Percentage
LeasesAnnualRentEscalationsPercentage
0.99
CY2022 mpw Number Of Lessor Properties
NumberOfLessorProperties
3
CY2022Q4 us-gaap Residual Value Of Leased Asset
ResidualValueOfLeasedAsset
110000000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
1145432000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
1165813000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
1184068000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
1202829000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
1223000000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
30228291000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
36149433000
CY2022Q4 us-gaap Direct Financing Lease Lease Receivable
DirectFinancingLeaseLeaseReceivable
880253000
CY2021Q4 us-gaap Direct Financing Lease Lease Receivable
DirectFinancingLeaseLeaseReceivable
1183855000
CY2022Q4 us-gaap Direct Financing Lease Unguaranteed Residual Asset
DirectFinancingLeaseUnguaranteedResidualAsset
203818000
CY2021Q4 us-gaap Direct Financing Lease Unguaranteed Residual Asset
DirectFinancingLeaseUnguaranteedResidualAsset
203818000
CY2022Q4 mpw Direct Financing Lease Unearned Income And Allowance For Credit Loss
DirectFinancingLeaseUnearnedIncomeAndAllowanceForCreditLoss
731915000
CY2021Q4 mpw Direct Financing Lease Unearned Income And Allowance For Credit Loss
DirectFinancingLeaseUnearnedIncomeAndAllowanceForCreditLoss
918584000
CY2022Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
352156000
CY2021Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
469089000
CY2022Q4 mpw Other Financing Leases Net Of Allowance For Credit Loss
OtherFinancingLeasesNetOfAllowanceForCreditLoss
1339167000
CY2021Q4 mpw Other Financing Leases Net Of Allowance For Credit Loss
OtherFinancingLeasesNetOfAllowanceForCreditLoss
1584238000
CY2022Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
1691323000
CY2021Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
2053327000
CY2022Q3 mpw Number Of Properties Sold Associated With Financing Leases
NumberOfPropertiesSoldAssociatedWithFinancingLeases
2
CY2022Q4 mpw Remaining Outstanding Deferred Rent To Be Received
RemainingOutstandingDeferredRentToBeReceived
14600000
mpw Percentage Of Properties Occupied By Tenants
PercentageOfPropertiesOccupiedByTenants
0.99
mpw Number Of Properties Vacant
NumberOfPropertiesVacant
5
CY2022Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
1497903000
CY2021Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
1152927000
CY2022Q4 mpw Investments In Unconsolidated Operating Entities
InvestmentsInUnconsolidatedOperatingEntities
1444872000
CY2021Q4 mpw Investments In Unconsolidated Operating Entities
InvestmentsInUnconsolidatedOperatingEntities
1289434000
CY2021 us-gaap Investment Company Dividend Distribution
InvestmentCompanyDividendDistribution
11000000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
10325499000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11358826000
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
57087000
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
76056000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
10268412000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
11282770000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
483320000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
944250000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1381060000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2568984000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1600000000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
3347885000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
10325499000
CY2022 mpw Commitment Fee Adjustment Percentage
CommitmentFeeAdjustmentPercentage
0.0025
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
93200000
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
12400000
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
4200000
CY2022 mpw Percentage Of Dividends Payable On Basis Of Adjusted Operating Funds
PercentageOfDividendsPayableOnBasisOfAdjustedOperatingFunds
0.95
CY2022 mpw Percentage Of Dividends Payable On Senior Unsecured Notes
PercentageOfDividendsPayableOnSeniorUnsecuredNotes
0.95
CY2022 mpw Maximum Percentage Of Unencumbered Assets
MaximumPercentageOfUnencumberedAssets
1.50
CY2022 mpw Percentage Of Ordinary Taxable Income To Be Distributed For Real Estate Investment Trust Qualification
PercentageOfOrdinaryTaxableIncomeToBeDistributedForRealEstateInvestmentTrustQualification
0.90
CY2022 mpw Percentage Of Taxable Income To Be Distributed For Federal Income Tax Exemption
PercentageOfTaxableIncomeToBeDistributedForFederalIncomeTaxExemption
1
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-1111000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1559000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-63000
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
27751000
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
18964000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
10203000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26640000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
20523000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
10140000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
15628000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-6915000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10680000
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
13632000
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
60340000
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
10236000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
29260000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
53425000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
20916000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73948000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55900000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31056000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
959719000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
730888000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
463328000
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
201541000
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
153486000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
97299000
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1826000
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2742000
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2160000
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1886000
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-970000
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
165705000
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
132266000
CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
82921000
CY2020 mpw Income Tax Reconciliation Increase Decrease In Equity Investments
IncomeTaxReconciliationIncreaseDecreaseInEquityInvestments
-380000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
11281000
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
10040000
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8514000
CY2022 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
941000
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
43924000
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
9471000
CY2022 mpw Income Tax Reconciliation Interest Disallowance
IncomeTaxReconciliationInterestDisallowance
1737000
CY2021 mpw Income Tax Reconciliation Interest Disallowance
IncomeTaxReconciliationInterestDisallowance
646000
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
6045000
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
860000
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2203000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55900000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73948000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31056000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000000
CY2021 mpw Income Tax Benefit Related To The Initial Loan Impairment
IncomeTaxBenefitRelatedToTheInitialLoanImpairment
10000000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
159600000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2020 mpw Undistributed Earning Allocated To Participating Securities
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CY2021Q4 us-gaap Loans Held For Sale Fair Value Disclosure
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2022Q4 us-gaap Finance Lease Liability Payments Due
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CY2021Q4 mpw Lessee Operating Lease And Finance Lease Real Estate Right Of Use Asset Net
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CY2021Q4 us-gaap Operating Lease Liability
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CY2021Q4 mpw Debt Issue Costs Net
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677416000
CY2021 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
82504000
CY2020 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
-371851000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
12300524000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
13628749000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10749707000
CY2021Q4 mpw Real Estate Assets Accumulated Depreciation
RealEstateAssetsAccumulatedDepreciation
950369000
CY2020Q4 mpw Real Estate Assets Accumulated Depreciation
RealEstateAssetsAccumulatedDepreciation
728176000
CY2019Q4 mpw Real Estate Assets Accumulated Depreciation
RealEstateAssetsAccumulatedDepreciation
504651000
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
277032000
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
262063000
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
222580000
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
185519000
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
35551000
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
6653000
CY2022 mpw Real Estate Accumulated Depreciation Foreign Currency Translation Difference
RealEstateAccumulatedDepreciationForeignCurrencyTranslationDifference
33542000
CY2021 mpw Real Estate Accumulated Depreciation Foreign Currency Translation Difference
RealEstateAccumulatedDepreciationForeignCurrencyTranslationDifference
4319000
CY2020 mpw Real Estate Accumulated Depreciation Foreign Currency Translation Difference
RealEstateAccumulatedDepreciationForeignCurrencyTranslationDifference
-7598000
CY2022Q4 mpw Real Estate Assets Accumulated Depreciation
RealEstateAssetsAccumulatedDepreciation
1008340000
CY2021Q4 mpw Real Estate Assets Accumulated Depreciation
RealEstateAssetsAccumulatedDepreciation
950369000
CY2020Q4 mpw Real Estate Assets Accumulated Depreciation
RealEstateAssetsAccumulatedDepreciation
728176000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13800000
CY2021Q4 mpw Real Estate Held For Sale Land And Building Cost
RealEstateHeldForSaleLandAndBuildingCost
1100000000
CY2021Q4 mpw Intangible Lease Assets Included In Real Estate Held For Sale
IntangibleLeaseAssetsIncludedInRealEstateHeldForSale
125100000
CY2021Q4 mpw Real Estate Held For Sale Accumulated Depreciation
RealEstateHeldForSaleAccumulatedDepreciation
96500000
CY2021Q4 mpw Accumulated Amortization Included In Real Estate Held For Sale
AccumulatedAmortizationIncludedInRealEstateHeldForSale
17500000
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
364420000
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
364420000
CY2022Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
364400000
CY2022Q4 srt Mortgage Loans On Real Estate Prior Liens1
MortgageLoansOnRealEstatePriorLiens1
0
CY2022Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
300000
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
213320000
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
248335000
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1274995000
CY2022 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
177924000
CY2021 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1128695000
CY2020 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
193590000
CY2022 mpw Mortgage Loans On Real Estate Exchange Rate Fluctuations
MortgageLoansOnRealEstateExchangeRateFluctuations
-15824000
CY2021 mpw Mortgage Loans On Real Estate Exchange Rate Fluctuations
MortgageLoansOnRealEstateExchangeRateFluctuations
-3640000
CY2020 mpw Mortgage Loans On Real Estate Exchange Rate Fluctuations
MortgageLoansOnRealEstateExchangeRateFluctuations
9785000
CY2022 mpw Mortgage Loans On Real Estate Additions Gross
MortgageLoansOnRealEstateAdditionsGross
375420000
CY2021 mpw Mortgage Loans On Real Estate Additions Gross
MortgageLoansOnRealEstateAdditionsGross
1373390000
CY2020 mpw Mortgage Loans On Real Estate Additions Gross
MortgageLoansOnRealEstateAdditionsGross
1478370000
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
11000000
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1160070000
CY2020 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1230035000
CY2022 mpw Mortgage Loans On Real Estate Deductions
MortgageLoansOnRealEstateDeductions
11000000
CY2021 mpw Mortgage Loans On Real Estate Deductions
MortgageLoansOnRealEstateDeductions
1160070000
CY2020 mpw Mortgage Loans On Real Estate Deductions
MortgageLoansOnRealEstateDeductions
1230035000
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
364420000
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
213320000
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
248335000

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