Consolidated Statements Of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | ||||||||||||||||
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Mar. 31, 2024 |
Mar. 31, 2023 |
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Operating Lease, Lease Income | $ 142,281 | $ 151,591 | |||||||||||||||
Other income | 12,037 | 9,333 | |||||||||||||||
Interest and Fee Income, Loans, Commercial and Residential, Real Estate | 12,914 | 10,472 | |||||||||||||||
Total revenue | 167,232 | 171,396 | |||||||||||||||
Property operating expense | 14,920 | 14,155 | |||||||||||||||
Other expense | 12,976 | 8,950 | |||||||||||||||
General and Administrative Expense | 13,908 | 13,965 | |||||||||||||||
Severance Costs | 1,836 | 0 | |||||||||||||||
Transaction costs | 1 | 270 | |||||||||||||||
Financing Receivable, Credit Loss, Expense (Reversal) | 2,737 | 587 | |||||||||||||||
Depreciation and amortization | 40,469 | 41,204 | |||||||||||||||
Operating Costs and Expenses | 86,847 | 79,131 | |||||||||||||||
Gain on sale of real estate | 17,949 | (560) | |||||||||||||||
Total Operating Expenses | 191643.0 | 157702.0 | 0.0 | 0 | 0 | ||||||||||||
Operating Income | 98,334 | 91,705 | |||||||||||||||
Interest expense, net | 31,651 | 31,722 | |||||||||||||||
Total Other Income Expenses | -66683.0 | -59983.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | 66683.0 | 59983.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | -129985.0 | -123427.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | 129985.0 | 123427.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | 129985.0 | 123427.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | 35278.0 | 33707.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | -66929.0 | -65429.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | -98580.0 | -97151.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | 66929.0 | 65429.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | 35278.0 | 33707.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Equity in (income) loss from joint ventures | 3,627 | 1,985 | |||||||||||||||
Total Other Income Expenses | -28024.0 | -29737.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | 28024.0 | 29737.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
Total Other Income Expenses | -35278.0 | -33707.0 | 0.0 | 0.0 | 0 | ||||||||||||
Total Other Income Expenses | 35278.0 | 33707.0 | 0.0 | 0 | 0 | ||||||||||||
Total Other Income Expenses | 35278.0 | 33707.0 | 0 | 0 | 0 | ||||||||||||
Income from Continuing Operations before Income Taxes, Noncontrolling Interest | 63,056 | 57,998 | |||||||||||||||
Income tax expense | 347 | 341 | |||||||||||||||
Net income | 62,709 | 57,657 | |||||||||||||||
Preferred dividend requirements | 6,032 | 6,033 | |||||||||||||||
Net income available to common shareholders of EPR Properties | 56,677 | 51,624 | |||||||||||||||
Foreign currency translation adjustment | (6,909) | 230 | |||||||||||||||
Unrealized Gain (Loss) on Derivatives | 4,732 | (304) | |||||||||||||||
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $ 60,532 | $ 57,583 | |||||||||||||||
Basic earnings per share data: | |||||||||||||||||
Net income available to common shareholders (in dollars per share) | $ 0.75 | $ 0.69 | |||||||||||||||
Diluted earnings per share data: | |||||||||||||||||
Net income available to common shareholders (in dollars per share) | $ 0.75 | $ 0.69 | |||||||||||||||
Shares used for computation (in thousands): | |||||||||||||||||
Basic (in shares) | 75,398 | 75,084 | |||||||||||||||
Diluted (in shares) | 75,705 | 75,283 |
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- Definition Costs incurred and directly related to business combinations or abandoned projects which are required to be expensed. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense incurred and directly related to generating revenue by lessor from operating lease of rented property and equipment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest and fee income from commercial and residential real estate loans. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of credit loss expense (reversal of expense) for financing receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expenses for special or contractual termination benefits provided to current employees involuntarily terminated under a benefit arrangement associated exit or disposal activities pursuant to an authorized plan. Excludes expenses related to one-time termination benefits, a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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