---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-136307"
form_type: "8-K"
ticker: "MPT"
cik: "0001287865"
company_name: "MEDICAL PROPERTIES TRUST INC"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:24:10.717075+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# MPT records additional $470M impairment on Steward investments after Ch. 11 filing

## Summary
- Steward Health Care filed Chapter 11 on May 6; MPT had ~$2.4B master lease, $406M JV, $708M loans, and 9.9% equity.
- Additional $470M charge in Q1 2024 fully reserves 9.9% equity stake and $362M loan to Steward affiliates.
- MPT believes $346M non-real estate loans are fully recoverable based on updated collateral analysis.
- Previously recorded ~$700M impairments and moved to cash basis accounting as of Dec. 31, 2023.
- Company warns future cash expenditures for recovery are uncertain and further impairments possible.

## SEC filing metadata
- accession: 0001193125-24-136307
- form_type: 8-K
- ticker: MPT
- cik: 0001287865
- company_name: MEDICAL PROPERTIES TRUST INC
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287865/000119312524136307/0001193125-24-136307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287865/000119312524136307/d803751d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-136307
- JSON: https://secwatch.observer/filing/0001193125-24-136307.json
- Plain text: https://secwatch.observer/filing/0001193125-24-136307.txt

## Source-grounded claims
- claim_id: 131b1747c5dca51dbd2865df2ddabe11b2887d27
  claim: MEDICAL PROPERTIES TRUST INC announced a impairment with charges of approximately $470 million of additional impairment charges affecting investments in Steward, including 9.9% equity interest and $362 million loan due from affiliates of Steward.
  evidence_excerpt: the Company has concluded the investments in Steward have been further materially impaired and has recorded approximately $470 million of additional impairment charges in the quarter ended March 31, 2024 that fully reserves for the remaining value of our 9.9% equity interest in Steward and the $362 million loan due from affiliates of Steward, along with an accrual for property taxes and obligations not paid by Steward under its master leases.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287865/000119312524136307/0001193125-24-136307-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.