v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Real estate assets    
Land, buildings and improvements, intangible lease assets, and other $ 12,147,484 $ 12,205,687
Investment in financing leases 382,986 421,684
Mortgage loans 131,157 123,651
Gross investment in real estate assets 12,661,627 12,751,022
Accumulated depreciation and amortization (1,747,295) (1,663,056)
Net investment in real estate assets 10,914,332 11,087,966
Cash and cash equivalents 396,558 540,859
Interest and rent receivables 18,391 19,210
Straight-line rent receivables 927,465 881,452
Investments in unconsolidated real estate joint ventures 1,371,657 1,399,777
Investments in unconsolidated operating entities 313,703 322,179
Other loans 286,510 186,292
Other assets 519,124 564,040
Total Assets 14,747,740 15,001,775
Liabilities    
Debt, net 9,704,996 9,697,835
Accounts payable and accrued expenses 430,084 549,105
Deferred revenue 17,052 19,289
Obligations to tenants and other lease liabilities 95,705 128,297
Total Liabilities 10,247,837 10,394,526
Equity / Capital    
Preferred stock, $0.001 par value. Authorized 10,000 shares; no shares outstanding
Common stock, $0.001 par value. Authorized 750,000 shares; issued and outstanding - 597,715 shares at June 30, 2026 and 597,008 shares at December 31, 2025 597 597
Additional paid-in capital 8,577,506 8,573,396
Retained deficit (4,214,216) (4,136,011)
Accumulated other comprehensive income 134,962 168,213
Total Medical Properties Trust, Inc. Stockholders' Equity (MPT Operating Partnership, L.P. capital) 4,498,849 4,606,195
Non-controlling interests 1,054 1,054
Total Equity / Capital 4,499,903 4,607,249
Total Liabilities and Equity / Capital 14,747,740 15,001,775
MPT Operating Partnership, L.P. [Member]    
Real estate assets    
Land, buildings and improvements, intangible lease assets, and other 12,147,484 12,205,687
Investment in financing leases 382,986 421,684
Mortgage loans 131,157 123,651
Gross investment in real estate assets 12,661,627 12,751,022
Accumulated depreciation and amortization (1,747,295) (1,663,056)
Net investment in real estate assets 10,914,332 11,087,966
Cash and cash equivalents 396,558 540,859
Interest and rent receivables 18,391 19,210
Straight-line rent receivables 927,465 881,452
Investments in unconsolidated real estate joint ventures 1,371,657 1,399,777
Investments in unconsolidated operating entities 313,703 322,179
Other loans 286,510 186,292
Other assets 519,124 564,040
Total Assets 14,747,740 15,001,775
Liabilities    
Debt, net 9,704,996 9,697,835
Accounts payable and accrued expenses 375,512 493,364
Deferred revenue 17,052 19,289
Obligations to tenants and other lease liabilities 95,705 128,297
Payable due to Medical Properties Trust, Inc. 54,182 55,351
Total Liabilities 10,247,447 10,394,136
Equity / Capital    
General Partner - issued and outstanding - 5,970 units at June 30, 2026 and 5,972 units at December 31, 2025 43,716 44,457
Limited Partners - issued and outstanding - 590,816 units at June 30, 2026 and 591,036 units at December 31, 2025 4,320,561 4,393,915
Accumulated other comprehensive income 134,962 168,213
Total Medical Properties Trust, Inc. Stockholders' Equity (MPT Operating Partnership, L.P. capital) 4,499,239 4,606,585
Non-controlling interests 1,054 1,054
Total Equity / Capital 4,500,293 4,607,639
Total Liabilities and Equity / Capital $ 14,747,740 $ 15,001,775