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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Rental revenue $ 69,918 $ 60,160 $ 136,349 $ 120,548
Tenant reimbursements 4,281 4,452 8,869 9,196
Other income 187 104 361 128
Mortgage and other financing income 17,401 18,236 36,064 36,031
Total revenue 91,787 82,952 181,643 165,903
Property operating expense 5,539 5,990 11,988 13,025
Other expense 219 187 318 336
General and administrative expense 7,079 6,051 14,541 12,703
Costs associated with loan refinancing or payoff 0 5,943 0 5,943
Gain on early extinguishment of debt 0 0 0 (4,539)
Interest expense, net 20,555 20,000 40,453 39,989
Transaction costs 756 224 952 542
Depreciation and amortization 16,002 13,176 31,329 25,998
Income before equity in income from joint ventures and other items 41,637 31,381 82,062 71,906
Equity in income from joint ventures 267 466 578 817
Gain on sale of land 0 0 330 0
Gain on sale of investment in a direct financing lease 220 0 220 0
Income before income taxes 42,124 31,847 83,190 72,723
Income tax expense 1,360 0 2,285 0
Income from continuing operations 40,764 31,847 80,905 72,723
Discontinued operations:        
Income (loss) from discontinued operations (4) 629 11 394
Transaction (costs) benefit 0 0 3,376 0
Gain on sale of real estate 0 0 0 565
Net income attributable to EPR Properties 40,760 32,476 84,292 73,682
Preferred dividend requirements (5,952) (5,952) (11,904) (11,904)
Net income available to common shareholders of EPR Properties $ 34,808 $ 26,524 $ 72,388 $ 61,778
Basic earnings per share data:        
Income from continuing operations (in dollars per share) $ 0.65 $ 0.55 $ 1.31 $ 1.30
Income from discontinued operations (in dollars per share) $ 0.00 $ 0.01 $ 0.06 $ 0.02
Net income available to common shareholders (in dollars per share) $ 0.65 $ 0.56 $ 1.37 $ 1.32
Diluted earnings per share data:        
Income from continuing operations (in dollars per share) $ 0.65 $ 0.55 $ 1.30 $ 1.29
Income from discontinued operations (in dollars per share) $ 0.00 $ 0.01 $ 0.06 $ 0.02
Net income available to common shareholders (in dollars per share) $ 0.65 $ 0.56 $ 1.36 $ 1.31
Shares used for computation (in thousands):        
Basic (in shares) 53,458 47,081 53,002 46,969
Diluted (in shares) 53,654 47,294 53,189 47,172