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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Rental revenue $ 119,469 $ 96,055 $ 226,506 $ 189,833
Tenant reimbursements 3,941 3,891 7,690 7,756
Other income 1,304 2,126 1,996 3,336
Mortgage and other financing income 23,068 15,961 40,702 35,876
Total revenue 147,782 118,033 276,894 236,801
Property operating expense 6,072 5,580 12,422 11,061
Other expense 0 0 0 5
General and administrative expense 10,660 9,000 21,717 18,218
Costs associated with loan refinancing or payoff 9 339 14 891
Gain on Extinguishment of Debt (977) 0 (977) 0
Interest expense, net 32,967 22,756 63,659 46,045
Transaction costs 218 1,490 275 1,934
Impairment charges 10,195 0 10,195 0
Depreciation and amortization 33,148 25,666 61,225 51,621
Income before equity in income from joint ventures and other items 55,490 53,202 108,364 107,026
Equity in income from joint ventures 59 86 51 298
Gain on sale of real estate 25,461 2,270 27,465 2,270
Income before income taxes 81,010 55,558 135,880 109,594
Income tax expense (475) (423) (1,429) (279)
Net income 80,535 55,135 134,451 109,315
Preferred dividend requirements (5,952) (5,952) (11,904) (11,904)
Net income available to common shareholders of EPR Properties $ 74,583 $ 49,183 $ 122,547 $ 97,411
Basic earnings per share data:        
Net income available to common shareholders (in dollars per share) $ 1.02 $ 0.77 $ 1.79 $ 1.54
Diluted earnings per share data:        
Net income available to common shareholders (in dollars per share) $ 1.02 $ 0.77 $ 1.78 $ 1.54
Shares used for computation (in thousands):        
Basic (in shares) 73,159 63,592 68,621 63,128
Diluted (in shares) 73,225 63,678 68,689 63,213