Exhibit 99.2

FOURTH QUARTER 2011 SUPPLEMENTAL INFORMATION

	Table of Contents
	Company Information	1
	Reconciliation of Net Income to Funds from Operations	2
	Investment and Revenue by Asset Type, Operator, and by State	3
	Lease Maturity Schedule	4
	Debt Summary	5
	Consolidated Balance Sheets	6
	Acquisitions for the Twelve Months Ended December 31, 2011	7
	The information in this supplemental information package should be read in conjunction with the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other information filed with the Securities and Exchange Commission. You can access these documents free of charge at www.sec.gov and from the Company’s website at www.medicalpropertiestrust.com. The information contained on the Company’s website is not incorporated by reference into, and should not be considered a part of, this supplemental package.
	For more information, please contact Charles Lambert, Finance Director at (205) 397-8897.

Company Information Headquarters: Medical Properties Trust, Inc. 1000 Urban Center Drive, Suite 501 Birmingham, AL 35242 (205) 969-3755 Fax: (205) 969-3756 Website: www.medicalpropertiestrust.com Executive Of_cers: Edward K. Aldag, Jr., Chairman, President and Chief Executive Of_cer R. Steven Hamner, Executive Vice President and Chief Financial Of_cer Emmett E. McLean, Executive Vice President, Chief Operating Of_cer, Secretary and Treasurer Investor Relations: Medical Properties Trust, Inc. 1000 Urban Center Drive, Suite 501 Birmingham, AL 35242 Attn: Charles Lambert

(205) 397-8897 clambert@medicalpropertiestrust.com

MEDICAL PROPERTIES TRUST, INC. AND SUBSIDIARIES

Reconciliation of Net Income to Funds From Operations

(Unaudited)

	For the Three Months Ended						For the Twelve Months Ended
	December 31, 2011			December 31, 2010			December 31, 2011			December 31, 2010
				(A)						(A)
FFO information:
Net income attributable to MPT common stockholders	$	12,692,077		$	10,593,183		$	26,535,892		$	22,913,231
Participating securities’ share in earnings		(229,415	)		(259,595	)		(1,089,841	)		(1,254,083	)
Net income, less participating securities’ share in earnings	$	12,462,662		$	10,333,588		$	25,446,051		$	21,659,148
Depreciation and amortization
Continuing operations		9,149,641			6,062,701			32,900,509			22,830,002
Discontinued operations		881,611			450,181			1,808,775			3,008,114
Gain on sale of real estate		(5,426,067	)		(2,894,547	)		(5,431,391	)		(10,566,279	)
Real estate impairment charge		—			—			564,005			—
Funds from operations	$	17,067,847		$	13,951,923		$	55,287,949		$	36,930,985
Write-off of straight line rent		2,470,436			998,822			2,470,436			3,693,871
Acquisition costs		998,530			712,858			4,184,463			2,026,490
Debt refinancing costs		—			159,353			14,214,036			6,715,638
Executive severance		—			—			—			2,830,221
Loan impairment charge		—			—			—			12,000,000
Write-off of other receivables		—			2,400,000			1,845,966			2,400,000
Normalized funds from operations	$	20,536,813		$	18,222,956		$	78,002,850		$	66,597,205
Share-based compensation		1,690,793			1,365,890			6,983,471			5,695,239
Debt costs amortization		766,608			989,934			3,537,876			4,722,027
Additional rent received in advance (B)		(300,000	)		(300,000	)		(1,200,000	)		9,400,000
Straight-line rent revenue		(1,536,330	)		(1,645,838	)		(7,353,316	)		(4,931,602	)
Adjusted funds from operations	$	21,157,884		$	18,632,942		$	79,970,881		$	81,482,869
Per diluted share data:
Net income, less participating securities’ share in earnings	$	0.11		$	0.09		$	0.23		$	0.22
Depreciation and amortization
Continuing operations		0.08			0.06			0.30			0.22
Discontinued operations		0.01			—			0.02			0.03
Gain on sale of real estate		(0.05	)		(0.02	)		(0.05	)		(0.10	)
Real estate impairment charge		—			—			—			—
Funds from operations	$	0.15		$	0.13		$	0.50		$	0.37
Write-off of straight line rent		0.03			0.01			0.02			0.03
Acquisition costs		0.01			0.01			0.04			0.02
Debt refinancing costs		—			—			0.13			0.07
Executive severance		—			—			—			0.03
Loan impairment charge		—			—			—			0.12
Write-off of other receivables		—			0.02			0.02			0.02
Normalized funds from operations	$	0.19		$	0.17		$	0.71		$	0.66
Share-based compensation		0.01			0.01			0.06			0.06
Debt costs amortization		0.01			—			0.03			0.05
Additional rent received in advance (B)		—			—			(0.01	)		0.09
Straight-line rent revenue		(0.02	)		(0.01	)		(0.07	)		(0.05	)
Adjusted funds from operations	$	0.19		$	0.17		$	0.72		$	0.81

(A) Financials have been restated to reclass the operating results of certain properties sold in 2011 to discontinued operations.

(B) Represents additional rent from one tenant in advance of when we can recognize as revenue for accounting purposes. This additional rent is being recorded to revenue on a straight-line basis over the lease life.

Funds from operations, or FFO, represents net income (computed in accordance with GAAP), excluding gains (or losses) from sales of property, plus real estate related depreciation and amortization (excluding amortization of loan origination costs) and after adjustments for unconsolidated partnerships and joint ventures. Management considers funds from operations a useful additional measure of performance for an equity REIT because it facilitates an understanding of the operating performance of our properties without giving effect to real estate depreciation and amortization, which assumes that the value of real estate assets diminishes predictably over time. Since real estate values have historically risen or fallen with market conditions, we believe that funds from operations provides a meaningful supplemental indication of our performance. We compute funds from operations in accordance with standards established by the Board of Governors of the National Association of Real Estate Investment Trusts, or NAREIT, in its March 1995 White Paper (as amended in November 1999 and April 2002), which may differ from the methodology for calculating funds from operations utilized by other equity REITs and, accordingly, may not be comparable to such other REITs. FFO does not represent amounts available for management’s discretionary use because of needed capital replacement or expansion, debt service obligations, or other commitments and uncertainties, nor is it indicative of funds available to fund our cash needs, including our ability to make distributions. Funds from operations should not be considered as an alternative to net income (loss) (computed in accordance with GAAP) as indicators of our financial performance or to cash flow from operating activities (computed in accordance with GAAP) as an indicator of our liquidity.

We calculate adjusted funds from operations, or AFFO, by subtracting from or adding to normalized FFO (i) straight-line rent revenue, (ii) non-cash share-based compensation expense, and (iii) amortization of deferred financing costs. AFFO is an operating measurement that we use to analyze our results of operations based on the receipt, rather than the accrual, of our rental revenue and on certain other adjustments. We believe that this is an important measurement because our leases generally have significant contractual escalations of base rents and therefore result in recognition of rental income that is not collected until future periods, and costs that are deferred or are non-cash charges. Our calculation of AFFO may not be comparable to AFFO or similarly titled measures reported by other REITs. AFFO should not be considered as an alternative to net income (calculated pursuant to GAAP) as an indicator of our results of operations or to cash flow from operating activities (calculated pursuant to GAAP) as an indicator of our liquidity.

2

INVESTMENT AND REVENUE BY ASSET TYPE, OPERATOR AND BY STATE

Investments and Revenue by Asset Type - As of December 31, 2011

	Total Invested Assets		Percentage of Total Assets			Total Revenue		Percentage of Total Revenue
General Acute Care Hospitals	$	948,354,481		58.5	%	$	87,922,121		61.3	%
Long-Term Acute Care Hospitals		343,882,959		21.2	%		35,615,274		24.9	%
Medical Office Buildings		15,795,436		1.0	%		1,731,018		1.2	%
Rehabilitation Hospitals		160,678,150		9.9	%		16,389,152		11.4	%
Wellness Centers		15,624,817		1.0	%		1,661,352		1.2	%
Net other assets		137,537,876		8.4	%		—		—
Total	$	1,621,873,719		100.0	%	$	143,318,917		100.0	%

Investments and Revenue by Operator - As of December 31, 2011

	Total Invested Assets		Percentage of Total Assets			Total Revenue		Percentage of Total Revenue*
Prime Healthcare	$	410,081,528		25.3	%	$	43,147,291		30.1	%
IJKG/HUMC		128,050,000		7.9	%		7,415,933		5.2	%
Vibra Healthcare, LLC		127,447,241		7.9	%		17,183,091		12.0	%
Kindred Healthcare, Inc.		83,434,567		5.1	%		8,243,418		5.8	%
HealthSouth		75,967,571		4.7	%		7,378,298		5.1	%
15 other operators		659,354,936		40.7	%		59,950,886		41.8	%
Net other assets		137,537,876		8.4	%		—		—
Total	$	1,621,873,719		100.0	%	$	143,318,917		100.0	%

* On an annual run-rate basis, Prime Healthcare represents 28.3% of total revenue.

Investment and Revenue by State - As of December 31, 2011

	Total Invested Assets		Percentage of Total Assets			Total Revenue		Percentage of Total Revenue
California	$	435,192,028		26.8	%	$	46,760,229		32.6	%
Texas		368,447,897		22.7	%		34,145,590		23.8	%
New Jersey		128,050,000		7.9	%		7,415,933		5.2	%
Utah		66,355,303		4.1	%		6,600,064		4.6	%
Missouri		60,921,029		3.8	%		5,969,714		4.2	%
16 other states		425,369,586		26.2	%		42,427,387		29.6	%
Net other assets		137,537,876		8.5	%		—		—
Total	$	1,621,873,719		100.0	%	$	143,318,917		100.0	%

3

LEASE MATURITY SCHEDULE - AS OF December 31, 2011

Total portfolio (1)	Total leases		Base rent (2)		Percent of total base rent
2012		3	$	2,810,220		2.3	%
2013		—		—		0.0	%
2014		2		4,770,708		4.0	%
2015		2		3,940,954		3.3	%
2016		1		2,250,000		1.9	%
2017		1		1,861,601		1.5	%
2018		6		12,901,435		10.7	%
2019		8		9,692,443		8.1	%
2020		1		1,019,335		0.8	%
2021		9		25,610,619		21.3	%
Thereafter		22		55,420,128		46.1	%
		55	$	120,277,443		100	%

(1) Excludes our River Oaks facility, as it is currently under re-development and not subject to lease and our Florence and Emerus facilities that are under development.

(2) The most recent monthly base rent annualized. Base rent does not include tenant recoveries, additional rents and other lease-related adjustments to revenue (i.e., straight-line rents and deferred revenues).

4

DEBT SUMMARY AS OF December 31, 2011

Instrument	Rate Type	Rate			Balance			2012		2013		2014		2015		2016		Thereafter
6.875% Notes Due 2021	Fixed		6.88	%	$	450,000,000		$	—	$	—	$	—	$	—	$	—	$	450,000,000
BB&T Revolver	Variable		1.74	%		39,600,000			39,600,000		—		—		—		—		—
2011 Credit Facility Revolver	Variable		3.10	% (1)		50,000,000			—		—		—		50,000,000		—		—
2016 Unsecured Notes	Fixed		5.59	% (2)		125,000,000			—		—		—		—		125,000,000		—
2008 Exchangeable Notes	Fixed		9.25	%		11,000,000			—		11,000,000		—		—		—		—
Northland - Mortgage Capital Term Loan	Fixed		6.20	%		14,429,270			231,787		249,384		265,521		282,701		298,582		13,101,295
					$	690,029,270		$	39,831,787	$	11,249,384	$	265,521	$	50,282,701	$	125,298,582	$	463,101,295
			Debt Discount			(180,289	)
					$	689,848,981

(1) Represents a $330 million unsecured revolving credit facility with spreads over LIBOR ranging from 2.60% to 3.40%. The $50,000,000 balance was repaid on January 6, 2012.

(2) Represents the weighted-average rate for four traunches of the Notes at December 31, 2011 factoring in interest rate swaps in effect at that time.

The Company has entered into two swap agreements which began in July and October 2011. Effective July 31, 2011, the Company is paying 5.507% on $65 million of the Notes and effective October 31, 2011, the Company is paying 5.675% on $60 million of Notes.

5

MEDICAL PROPERTIES TRUST, INC. AND SUBSIDIARIES

Consolidated Balance Sheets

	December 31, 2011			December 31, 2010
	(Unaudited)			(A)
Assets
Real estate assets
Land, buildings and improvements, and intangible lease assets	$	1,275,398,732		$	990,548,549
Real estate held for sale		—			37,513,429
Mortgage loans		165,000,000			165,000,000
Gross investment in real estate assets		1,440,398,732			1,193,061,978
Accumulated depreciation and amortization		(103,737,665	)		(71,787,046	)
Net investment in real estate assets		1,336,661,067			1,121,274,932
Cash and cash equivalents		102,725,906			98,408,509
Interest and rent receivable		29,862,106			26,175,635
Straight-line rent receivable		33,993,032			28,911,861
Other loans		74,839,459			50,984,904
Other assets		43,792,149			23,057,868
Total Assets	$	1,621,873,719		$	1,348,813,709
Liabilities and Equity
Liabilities
Debt, net	$	689,848,981		$	369,969,691
Accounts payable and accrued expenses		51,124,723			35,974,314
Deferred revenue		23,307,074			23,136,926
Lease deposits and other obligations to tenants		28,777,787			20,156,716
Total liabilities		793,058,565			449,237,647
Equity
Preferred stock, $0.001 par value. Authorized 10,000,000 shares; no shares outstanding		—			—
Common stock, $0.001 par value. Authorized 150,000,000 issued and outstanding - 110,786,183 shares at December 31, 2011 and 110,225,052 shares at December 31, 2010		110,786			110,225
Additional paid in capital		1,055,255,776			1,051,785,240
Distributions in excess of net income		(214,058,258	)		(148,530,467	)
Accumulated other comprehensive income (loss)		(12,230,807	)		(3,640,751	)
Treasury shares, at cost		(262,343	)		(262,343	)
Total Medical Properties Trust, Inc. stockholders’ equity		828,815,154			899,461,904
Non-controlling interests		—			114,158
Total Equity		828,815,154			899,576,062
Total Liabilities and Equity	$	1,621,873,719		$	1,348,813,709

(A) Financials have been derived from the prior year audited financials, however, we have reclassed the real estate (including accumulated depreciation) of certain properties sold in 2011 to Real Estate Held for Sale.

6

ACQUISITIONS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2011

Name	Location	Property Type	Investment /Commitment
Gilbert Hospital	Gilbert, AZ	General Acute Care	$	17,100,000
Atrium Medical Center	Corinth, TX	LTACH		30,000,000
Bayonne Medical Center	Bayonne, NJ	General Acute Care		58,000,000
Alvarado Hospital	San Diego, CA	General Acute Care		70,000,000
Northland LTACH Hospital	Kansas City, MO	LTACH		19,478,409
DeSoto Specialty Hospital	DeSoto, TX	LTACH		18,025,608
Warm Springs Specialty Hospital of New Braunfels	New Braunfels, TX	LTACH		13,400,000
Three Emerus Properties	San Antonio, TX	General Acute Care		30,000,000
Hoboken University Medical Center	Hoboken, NJ	General Acute Care		75,000,000
Total Investments			$	331,004,017

7

Medical Properties Trust, Inc. 1000 Urban Center Drive, Suite 501 Birmingham, AL 35242 (205) 969-3755 www.medicalpropertiestrust.com

Contact: Charles Lambert, Director of Finance

(205) 397-8897 or clambert@medicalpropertiestrust.com