So I have been trying to derive the equations of motion of the inverted physical pendulum in a cart, but I seem to be confused about the derivation of its Kinetic Energy. I know this physical system is very popular and while I have searched and searched I couldn't find an answer to my question anywhere.
So I divided the kinetic energy into the cart's and pendulum's: $$ T = T_C + T_P $$
The cart's one is pretty straight forward $T_C = 1/2 M \dot{x}^2$, where I am denoting $x$ the horizontal coordinate of the cart's point mass.
My trouble is now with the pendulum's Kinetic Energy. I would assume I would have to sum the translational energy of the pivot point $T_{pivot}=1/2 m \dot{x}^2$ to the rotational energy of the pendulum $T_{rot} = 1/2 I \dot{\theta}^2$, where $I$ is the moment of inertia of the pendulum with respect to the pivot point (Note: the angle $\theta$ i chose is with respect to the upper vertical, unlike in the image up there).
With this I got: $$ \mathcal{L} = \frac{1}{2}(M+m) \dot{x}^2 + \frac{1}{2} I \dot{\theta}^2 - mgl\cos\theta $$
And therefore the equations of motion: $$ (M+m) \ddot{x} = F(t) $$ $$ I \ddot{\theta} - mgl \sin\theta = 0 $$
These equations, though, seem too simple compared to the equations I have seen out there for this problem. I would really appreciate if someone could point out my mistakes.