2012 Q3 Form 10-Q Financial Statement
#000119312512463187 Filed on November 09, 2012
Income Statement
Concept | 2012 Q3 | 2011 Q4 | 2011 Q3 |
---|---|---|---|
Revenue | $52.50M | $34.42M | $34.28M |
YoY Change | 53.15% | 27.0% | 19.87% |
Cost Of Revenue | $200.0K | $400.0K | $300.0K |
YoY Change | -33.33% | -82.61% | -50.0% |
Gross Profit | $52.60M | $34.00M | $33.30M |
YoY Change | 57.96% | 37.1% | 18.93% |
Gross Profit Margin | 100.18% | 98.79% | 97.14% |
Selling, General & Admin | $7.100M | $6.800M | $5.700M |
YoY Change | 24.56% | 13.33% | -1.72% |
% of Gross Profit | 13.5% | 20.0% | 17.12% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $9.000M | $10.20M | $8.700M |
YoY Change | 3.45% | 52.24% | 35.94% |
% of Gross Profit | 17.11% | 30.0% | 26.13% |
Operating Expenses | $15.40M | $15.40M | $13.20M |
YoY Change | 16.67% | 42.59% | 10.0% |
Operating Profit | $36.87M | $18.60M | $20.41M |
YoY Change | 80.69% | 32.86% | 27.53% |
Interest Expense | $15.05M | -$11.30M | $11.94M |
YoY Change | 26.07% | 41.25% | -270.5% |
% of Operating Profit | 40.81% | -60.75% | 58.49% |
Other Income/Expense, Net | -$14.00M | -$22.31M | |
YoY Change | -37.23% | ||
Pretax Income | $22.90M | $6.300M | -$2.700M |
YoY Change | -948.15% | 18.87% | -131.03% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | 0.0% | |
Net Earnings | $31.46M | $12.69M | $424.0K |
YoY Change | 7320.75% | 19.74% | -95.24% |
Net Earnings / Revenue | 59.93% | 36.88% | 1.24% |
Basic Earnings Per Share | $0.23 | $0.11 | |
Diluted Earnings Per Share | $0.23 | $0.11 | $3.607K |
COMMON SHARES | |||
Basic Shares Outstanding | 134.8M shares | 110.8M shares | 110.7M shares |
Diluted Shares Outstanding | 134.8M shares | 110.8M shares | 110.7M shares |
Balance Sheet
Concept | 2012 Q3 | 2011 Q4 | 2011 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $36.00M | $103.0M | $114.0M |
YoY Change | -68.42% | 5.1% | 7.55% |
Cash & Equivalents | $36.16M | $102.7M | $114.4M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $42.00M | $30.00M | $29.00M |
Other Receivables | $38.00M | $34.00M | $34.00M |
Total Short-Term Assets | $116.0M | $167.0M | $177.0M |
YoY Change | -34.46% | 9.15% | 8.59% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.812B | $1.288B | $1.323B |
YoY Change | 36.96% | 18.82% | 18.44% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $17.00M | $49.00M | |
YoY Change | 28.95% | ||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $2.042B | $1.455B | $1.419B |
YoY Change | 43.93% | 21.64% | 18.35% |
TOTAL ASSETS | |||
Total Short-Term Assets | $116.0M | $167.0M | $177.0M |
Total Long-Term Assets | $2.042B | $1.455B | $1.419B |
Total Assets | $2.158B | $1.622B | $1.596B |
YoY Change | 35.24% | 20.23% | 17.18% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $64.00M | $51.00M | $58.00M |
YoY Change | 10.34% | 41.67% | 28.89% |
Accrued Expenses | |||
YoY Change | |||
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 | $79.00M | $80.00M | $86.00M |
YoY Change | -8.14% | 42.86% | 34.38% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.025B | $690.0M | $649.0M |
YoY Change | 57.94% | 86.49% | 75.41% |
Other Long-Term Liabilities | $20.00M | $23.00M | $24.00M |
YoY Change | -16.67% | 0.0% | 14.29% |
Total Long-Term Liabilities | $1.045B | $713.0M | $673.0M |
YoY Change | 55.27% | 81.42% | 72.12% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $79.00M | $80.00M | $86.00M |
Total Long-Term Liabilities | $1.045B | $713.0M | $673.0M |
Total Liabilities | $1.125B | $793.1M | $758.0M |
YoY Change | 48.45% | 76.63% | 66.59% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$234.3M | -$214.1M | |
YoY Change | |||
Common Stock | $1.281B | $1.055B | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $262.0K | $262.0K | |
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.033B | $828.8M | $838.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.158B | $1.622B | $1.596B |
YoY Change | 35.24% | 20.23% | 17.18% |
Cashflow Statement
Concept | 2012 Q3 | 2011 Q4 | 2011 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $31.46M | $12.69M | $424.0K |
YoY Change | 7320.75% | 19.74% | -95.24% |
Depreciation, Depletion And Amortization | $9.000M | $10.20M | $8.700M |
YoY Change | 3.45% | 52.24% | 35.94% |
Cash From Operating Activities | $30.30M | $12.20M | $27.40M |
YoY Change | 10.58% | -6.87% | 33.66% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$225.2M | -$80.80M | -$38.50M |
YoY Change | 484.94% | 46.91% | 3750.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $19.60M | $37.80M | $2.500M |
YoY Change | 684.0% | -31.65% | -516.67% |
Cash From Investing Activities | -$205.6M | -$42.90M | -$36.00M |
YoY Change | 471.11% | -14400.0% | 2150.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 83.80M | 19.20M | -105.0M |
YoY Change | -179.81% | -189.3% | 207.92% |
NET CHANGE | |||
Cash From Operating Activities | 30.30M | 12.20M | 27.40M |
Cash From Investing Activities | -205.6M | -42.90M | -36.00M |
Cash From Financing Activities | 83.80M | 19.20M | -105.0M |
Net Change In Cash | -91.50M | -11.50M | -113.6M |
YoY Change | -19.45% | 41.98% | 647.37% |
FREE CASH FLOW | |||
Cash From Operating Activities | $30.30M | $12.20M | $27.40M |
Capital Expenditures | -$225.2M | -$80.80M | -$38.50M |
Free Cash Flow | $255.5M | $93.00M | $65.90M |
YoY Change | 287.71% | 36.56% | 206.51% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2012Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
135572131 | shares |
CY2012Q1 | us-gaap |
Convertible Debt
ConvertibleDebt
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5000000 | |
CY2012Q1 | mpw |
Libor Plus Spread Interest Rate
LiborPlusSpreadInterestRate
|
0.0225 | pure |
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Significant Acquisitions And Disposals Acquisition Costs Or Sale Proceeds
SignificantAcquisitionsAndDisposalsAcquisitionCostsOrSaleProceeds
|
223505000 | |
CY2011Q3 | us-gaap |
Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
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|
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CY2011Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
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Cash And Cash Equivalents At Carrying Value
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|
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Business Acquisition Purchase Price Allocation Liabilities Assumed
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|
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Significant Acquisitions And Disposals Acquisition Costs Or Sale Proceeds
SignificantAcquisitionsAndDisposalsAcquisitionCostsOrSaleProceeds
|
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Capital Leases Future Minimum Payments Receivable
CapitalLeasesFutureMinimumPaymentsReceivable
|
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Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
61000 | |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
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Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
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Additional Paid In Capital Common Stock
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Long Term Debt Maturities Repayments Of Principal In Year Three
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|
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Stockholders Equity
StockholdersEquity
|
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Other Assets
OtherAssets
|
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CY2012Q3 | us-gaap |
Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
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|
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Long Term Debt Maturities Repayments Of Principal In Year Five
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|
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Dividends Payable Current And Noncurrent
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Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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Mortgage Loans On Real Estate Commercial And Consumer Net
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|
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Secured Debt
SecuredDebt
|
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CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
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CY2012Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
75000 | |
CY2012Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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CY2012Q3 | us-gaap |
Liabilities
Liabilities
|
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Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
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Real Estate Heldforsale
RealEstateHeldforsale
|
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Preferred Stock Shares Authorized
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|
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CY2012Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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CY2012Q3 | us-gaap |
Assets
Assets
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Preferred Stock Par Or Stated Value Per Share
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Liabilities And Stockholders Equity
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Long Term Debt
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Treasury Stock Value
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|
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Cash And Cash Equivalents At Carrying Value
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Common Stock Shares Issued
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Investment Owned At Cost
InvestmentOwnedAtCost
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Long Term Debt Maturities Repayments Of Principal In Year Two
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Deferred Revenue
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Common Stock Value
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Common Stock Par Or Stated Value Per Share
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Long Term Debt Maturities Repayments Of Principal In Year Four
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Preferred Stock Shares Outstanding
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Preferred Stock Value
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Long Term Debt Maturities Repayments Of Principal After Year Five
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Debt Instrument Convertible Debt Equity Component
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Estimated Residual Values
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CY2012Q3 | mpw |
Lease Deposits And Other Obligations To Tenants
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|
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Accumulated Depreciation And Amortization
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|
120215000 | |
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Debt Instrument Amount Net
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|
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Less Unearned Income
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|
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|
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Interest And Rent Receivable
InterestAndRentReceivable
|
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Gross Investment In Real Estate Assets
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|
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Number Of Extension Options In Current Lease Contract
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|
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Maximum Percentage Of Entitys Total Assets Invested On Single Property
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|
0.05 | pure |
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Land Buildings And Improvements And Intangible Lease Assets
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Loans
Loans
|
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|
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Straight Line Rent Receivable
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|
38065000 | |
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Remaining Convertible Debt After Conversion Of Part Of Debt
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|
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Cash And Cash Equivalents At Carrying Value
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|
98408000 | |
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Additional Paid In Capital Common Stock
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|
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Stockholders Equity
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|
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CY2011Q4 | us-gaap |
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|
43792000 | |
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Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2011Q4 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
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|
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Debt Instrument Unamortized Discount
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|
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Common Stock Shares Outstanding
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|
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Liabilities
Liabilities
|
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Real Estate Heldforsale
RealEstateHeldforsale
|
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Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
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|
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Assets
Assets
|
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Preferred Stock Par Or Stated Value Per Share
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|
0.001 | |
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Liabilities And Stockholders Equity
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|
1621874000 | |
CY2011Q4 | us-gaap |
Long Term Debt
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|
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Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2011Q4 | us-gaap |
Pledged Assets Separately Reported Other Assets Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedOtherAssetsPledgedAsCollateralAtFairValue
|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
-12231000 | |
CY2011Q4 | us-gaap |
Treasury Stock Value
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|
262000 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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|
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Deferred Revenue
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|
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Common Stock Value
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|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
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Gains Losses On Sales Of Investment Real Estate
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|
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us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
131000 | ||
us-gaap |
Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
|
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us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
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us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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|
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Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
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CY2011Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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Lease Deposits And Other Obligations To Tenants
LeaseDepositsAndOtherObligationsToTenants
|
28778000 | |
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Accumulated Depreciation And Amortization
AccumulatedDepreciationAndAmortization
|
94822000 | |
CY2011Q4 | mpw |
Debt Instrument Amount Net
DebtInstrumentAmountNet
|
10820000 | |
CY2011Q4 | mpw |
Net Investment In Real Estate Assets
NetInvestmentInRealEstateAssets
|
1336662000 | |
CY2011Q4 | mpw |
Interest And Rent Receivable
InterestAndRentReceivable
|
29862000 | |
CY2011Q4 | mpw |
Gross Investment In Real Estate Assets
GrossInvestmentInRealEstateAssets
|
1431484000 | |
CY2011Q4 | mpw |
Land Buildings And Improvements And Intangible Lease Assets
LandBuildingsAndImprovementsAndIntangibleLeaseAssets
|
1217559000 | |
CY2011Q4 | mpw |
Loans
Loans
|
239839000 | |
CY2011Q4 | mpw |
Other Loans
OtherLoans
|
74839000 | |
CY2011Q4 | mpw |
Straight Line Rent Receivable
StraightLineRentReceivable
|
33993000 | |
CY2012Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
1600000 | |
CY2012Q1 | mpw |
Percentage Of Equity Shares From Convertible Debt
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|
0.099 | pure |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.05 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
46469000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
55649000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
4632000 | ||
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
346000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
131000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
237810000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5293000 | ||
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
162593000 | ||
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
9031000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13317000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
13975000 | ||
us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
15714000 | ||
us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-12000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.60 | ||
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
7820000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
22508000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
67128000 | ||
us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-55000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-222710000 | ||
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-8341000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
4944000 | ||
us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
5000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
15960000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
20429000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
450000000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
110576000 | shares | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
8523000 | ||
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
70000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
171542000 | ||
us-gaap |
Acquisition Costs
AcquisitionCosts
|
3186000 | ||
us-gaap |
Straight Line Rent
StraightLineRent
|
5318000 | ||
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
208913000 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.07 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110568000 | shares | |
us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
4398000 | ||
us-gaap |
Revenues
Revenues
|
102118000 | ||
us-gaap |
Derivative Net Hedge Ineffectiveness Gain Loss
DerivativeNetHedgeIneffectivenessGainLoss
|
0 | ||
us-gaap |
Interest Paid
InterestPaid
|
18761000 | ||
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
56733000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
13844000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-46618000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
5634000 | ||
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
67194000 | ||
us-gaap |
Interest Expense
InterestExpense
|
32462000 | ||
mpw |
Debt Refinancing Costs
DebtRefinancingCosts
|
14214000 | ||
mpw |
Income From Discontinued Operations Attributable To Common Stockholders Per Common Share
IncomeFromDiscontinuedOperationsAttributableToCommonStockholdersPerCommonShare
|
0.05 | ||
mpw |
Loans Assumed Mortgage Loan Real Estate Acquired
LoansAssumedMortgageLoanRealEstateAcquired
|
14592000 | ||
mpw |
Net Income Loss Per Share Attributable To Common Stockholder
NetIncomeLossPerShareAttributableToCommonStockholder
|
0.42 | ||
mpw |
Mortgage Loans On Real Estate Assumption
MortgageLoansOnRealEstateAssumption
|
14592000 | ||
mpw |
Increase Decrease In Interest And Rent Receivable
IncreaseDecreaseInInterestAndRentReceivable
|
2646000 | ||
mpw |
Premium Paid On Extinguishment Of Debt
PremiumPaidOnExtinguishmentOfDebt
|
13091000 | ||
mpw |
Straight Line Rent Revenue
StraightLineRentRevenue
|
5606000 | ||
mpw |
Proceeds From Lease Deposits And Other Obligations To Tenants
ProceedsFromLeaseDepositsAndOtherObligationsToTenants
|
7613000 | ||
mpw |
Rent Billed
RentBilled
|
81086000 | ||
mpw |
Revolving Credit Facilities Net
RevolvingCreditFacilitiesNet
|
-39600000 | ||
mpw |
Construction In Progress Equipment And Other
ConstructionInProgressEquipmentAndOther
|
12297000 | ||
mpw |
Net Income Attributable To Common Stockholders Per Common Share
NetIncomeAttributableToCommonStockholdersPerCommonShare
|
0.12 | ||
dei |
Trading Symbol
TradingSymbol
|
MPW | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MEDICAL PROPERTIES TRUST INC | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-09-30 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001287865 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.07 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
51892000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
93146000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3415000 | ||
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
1044000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
130000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
220107000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
171000 | ||
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
7278000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
60355000 | ||
us-gaap |
Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
|
3650000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-6341000 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
130000 | ||
us-gaap |
Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
|
9507000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
26899000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5430000 | ||
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
166952000 | ||
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
52305000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
7404000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
61474000 | ||
us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
33486000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
131467000 | shares | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2577000 | ||
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1944000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.60 | ||
us-gaap |
Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
|
0.0500 | pure | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
34100000 | ||
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
3455000 | ||
us-gaap |
Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
|
200000000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
25392000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
74709000 | ||
us-gaap |
Capital Leases Income Statement Direct Financing Lease Revenue
CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
|
12979000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-600106000 | ||
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-989000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
9169000 | ||
us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
7280000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-66563000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21341000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
300000000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
458834000 | ||
us-gaap |
Acquisition Costs
AcquisitionCosts
|
4115000 | ||
us-gaap |
Straight Line Rent
StraightLineRent
|
5473000 | ||
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
606500000 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.39 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
131467000 | shares | |
us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
1293000 | ||
us-gaap |
Revenues
Revenues
|
145038000 | ||
us-gaap |
Derivative Net Hedge Ineffectiveness Gain Loss
DerivativeNetHedgeIneffectivenessGainLoss
|
0 | ||
us-gaap |
Interest Paid
InterestPaid
|
31350000 | ||
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
82822000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
61344000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-40841000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
60485000 | ||
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
76770000 | ||
us-gaap |
Interest Expense
InterestExpense
|
42730000 | ||
mpw |
Recognition Of Unearned Income On Direct Financing And Sales Type Leases
RecognitionOfUnearnedIncomeOnDirectFinancingAndSalesTypeLeases
|
2050000 | ||
mpw |
Lease Extension Period
LeaseExtensionPeriod
|
P5Y | ||
mpw |
Lease Period
LeasePeriod
|
20 | Y | |
mpw |
Coupon Payable In Cash In Thereafter
CouponPayableInCashInThereafter
|
0.10 | pure | |
mpw |
Income From Discontinued Operations Attributable To Common Stockholders Per Common Share
IncomeFromDiscontinuedOperationsAttributableToCommonStockholdersPerCommonShare
|
0.07 | ||
mpw |
Net Income Loss Per Share Attributable To Common Stockholder
NetIncomeLossPerShareAttributableToCommonStockholder
|
0.61 | ||
mpw |
Maximum Percentage Of Unencumbered Assets
MaximumPercentageOfUnencumberedAssets
|
1.50 | pure | |
mpw |
Percentage Of Equity Shares From Convertible Debt
PercentageOfEquitySharesFromConvertibleDebt
|
0.151 | pure | |
mpw |
Percentage Of Dividends Payable On Basis Of Adjusted Operating Funds
PercentageOfDividendsPayableOnBasisOfAdjustedOperatingFunds
|
1.15 | pure | |
mpw |
Increase Decrease In Interest And Rent Receivable
IncreaseDecreaseInInterestAndRentReceivable
|
12232000 | ||
mpw |
Percentage Of Dividends Payable On Senior Unsecured Notes
PercentageOfDividendsPayableOnSeniorUnsecuredNotes
|
0.95 | pure | |
mpw |
Percentage Of Dividends Payable On Basis Of Adjusted Operating Funds For One Year
PercentageOfDividendsPayableOnBasisOfAdjustedOperatingFundsForOneYear
|
0.95 | pure | |
mpw |
Percentage Of Dividends Payable On Basis Of Adjusted Operating Funds For Current Year
PercentageOfDividendsPayableOnBasisOfAdjustedOperatingFundsForCurrentYear
|
1.10 | pure | |
mpw |
Straight Line Rent Revenue
StraightLineRentRevenue
|
4100000 | ||
mpw |
Proceeds From Lease Deposits And Other Obligations To Tenants
ProceedsFromLeaseDepositsAndOtherObligationsToTenants
|
-13391000 | ||
mpw |
Rent Billed
RentBilled
|
93100000 | ||
mpw |
Revolving Credit Facilities Net
RevolvingCreditFacilitiesNet
|
-35400000 | ||
mpw |
Construction In Progress Equipment And Other
ConstructionInProgressEquipmentAndOther
|
35920000 | ||
mpw |
Net Income Attributable To Common Stockholders Per Common Share
NetIncomeAttributableToCommonStockholdersPerCommonShare
|
0.46 | ||
mpw |
Percentage Of Rental Rate
PercentageOfRentalRate
|
0.09 | pure | |
CY2012Q1 | mpw |
Debt Instrument Initial Spread Interest Rate
DebtInstrumentInitialSpreadInterestRate
|
0.0125 | pure |
CY2011 | mpw |
Maximum Percentage Of Unencumbered Assets
MaximumPercentageOfUnencumberedAssets
|
1.50 | pure |
CY2012Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.06 | |
CY2012Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
16171000 | |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37484000 | |
CY2012Q3 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
218000 | |
CY2012Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
44000 | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
31021000 | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
44000 | |
CY2012Q3 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
56557000 | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
23480000 | |
CY2012Q3 | us-gaap |
Profit Loss
ProfitLoss
|
31508000 | |
CY2012Q3 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
14037000 | |
CY2012Q3 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-23000 | |
CY2012Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.20 | |
CY2012Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
-342000 | |
CY2012Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
8491000 | |
CY2012Q3 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
42000000 | |
CY2012Q3 | us-gaap |
Capital Leases Income Statement Direct Financing Lease Revenue
CapitalLeasesIncomeStatementDirectFinancingLeaseRevenue
|
5773000 | |
CY2012Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-443000 | |
CY2012Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
8028000 | |
CY2012Q3 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
8726000 | |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7052000 | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
134782000 | shares |
CY2012Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1065000 | |
CY2012Q3 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
410000 | |
CY2012Q3 | us-gaap |
Straight Line Rent
StraightLineRent
|
2762000 | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.17 | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134781000 | shares |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
53655000 | |
CY2012Q3 | us-gaap |
Derivative Net Hedge Ineffectiveness Gain Loss
DerivativeNetHedgeIneffectivenessGainLoss
|
0 | |
CY2012Q3 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
33834000 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31464000 | |
CY2012Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14004000 | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
31065000 | |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
15046000 | |
CY2012Q3 | mpw |
Income From Discontinued Operations Attributable To Common Stockholders Per Common Share
IncomeFromDiscontinuedOperationsAttributableToCommonStockholdersPerCommonShare
|
0.06 | |
CY2012Q3 | mpw |
Net Income Loss Per Share Attributable To Common Stockholder
NetIncomeLossPerShareAttributableToCommonStockholder
|
0.25 | |
CY2012Q3 | mpw |
Rent Billed
RentBilled
|
31083000 | |
CY2012Q3 | mpw |
Net Income Attributable To Common Stockholders Per Common Share
NetIncomeAttributableToCommonStockholdersPerCommonShare
|
0.23 | |
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.02 | |
CY2011Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
14227000 | |
CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
20405000 | |
CY2011Q3 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
260000 | |
CY2011Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
43000 | |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4847000 | |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
43000 | |
CY2011Q3 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
53943000 | |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-1904000 | |
CY2011Q3 | us-gaap |
Profit Loss
ProfitLoss
|
468000 | |
CY2011Q3 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
5229000 | |
CY2011Q3 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
42000 | |
CY2011Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.20 | |
CY2011Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
3159000 | |
CY2011Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7700000 | |
CY2011Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-5272000 | |
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
2372000 | |
CY2011Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5737000 | |
CY2011Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
110719000 | shares |
CY2011Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
9000 | |
CY2011Q3 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
530000 | |
CY2011Q3 | us-gaap |
Straight Line Rent
StraightLineRent
|
1643000 | |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.02 | |
CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110714000 | shares |
CY2011Q3 | us-gaap |
Revenues
Revenues
|
34632000 | |
CY2011Q3 | us-gaap |
Derivative Net Hedge Ineffectiveness Gain Loss
DerivativeNetHedgeIneffectivenessGainLoss
|
0 | |
CY2011Q3 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
13846000 | |
CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
425000 | |
CY2011Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-22309000 | |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-4804000 | |
CY2011Q3 | us-gaap |
Interest Expense
InterestExpense
|
11935000 | |
CY2011Q3 | mpw |
Debt Refinancing Costs
DebtRefinancingCosts
|
10425000 | |
CY2011Q3 | mpw |
Income From Discontinued Operations Attributable To Common Stockholders Per Common Share
IncomeFromDiscontinuedOperationsAttributableToCommonStockholdersPerCommonShare
|
0.02 | |
CY2011Q3 | mpw |
Net Income Loss Per Share Attributable To Common Stockholder
NetIncomeLossPerShareAttributableToCommonStockholder
|
0.10 | |
CY2011Q3 | mpw |
Rent Billed
RentBilled
|
27760000 |