Segment Information

The Company groups investments into four reportable operating segments: Entertainment, Education, Recreation and Other. The financial information summarized below is presented by reportable operating segment:



Balance Sheet Data:
	As of September 30, 2017
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Total Assets	$	2,343,778	$	1,489,459	$	2,057,172	$	193,766	$	48,835	$	6,133,010

	As of December 31, 2016
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Total Assets	$	2,168,669	$	1,308,288	$	1,120,498	$	202,394	$	65,173	$	4,865,022



Operating Data:
	Three Months Ended September 30, 2017
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	66,888	$	21,478	$	32,171	$	2,290	$	—	$	122,827
Tenant reimbursements	3,733		1		—		—		—		3,734
Other income	2		—		—		—		520		522
Mortgage and other financing income	1,151		9,023		14,140		—		—		24,314
Total revenue	71,774		30,502		46,311		2,290		520		151,397

Property operating expense	5,680		119		29		327		185		6,340
Total investment expenses	5,680		119		29		327		185		6,340
Net operating income - before unallocated items	66,094		30,383		46,282		1,963		335		145,057

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(12,070		)
Costs associated with loan refinancing or payoff											(1,477		)
Interest expense, net											(34,194		)
Transaction costs											(113		)
Depreciation and amortization											(34,694		)
Equity in income from joint ventures											35
Gain on sale of real estate											997
Income tax expense											(587		)
Net income											62,954
Preferred dividend requirements											(5,951		)
Net income available to common shareholders of EPR Properties											$	57,003



Operating Data:
	Three Months Ended September 30, 2016
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	64,134	$	19,900	$	15,958	$	2,290	$	—	$	102,282
Tenant reimbursements	3,816		5		—		—		—		3,821
Other income	8		—		1,825		—		643		2,476
Mortgage and other financing income	1,294		7,319		8,384		34		—		17,031
Total revenue	69,252		27,224		26,167		2,324		643		125,610

Property operating expense	5,228		—		—		233		165		5,626
Total investment expenses	5,228		—		—		233		165		5,626
Net operating income - before unallocated items	64,024		27,224		26,167		2,091		478		119,984

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(9,091		)
Costs associated with loan refinancing or payoff											(14		)
Interest expense, net											(24,265		)
Transaction costs											(2,947		)
Depreciation and amortization											(27,601		)
Equity in income from joint ventures											203
Gain on sale of real estate											1,615
Income tax expense											(358		)
Net income											57,526
Preferred dividend requirements											(5,951		)
Net income available to common shareholders of EPR Properties											$	51,575



Operating Data:
	Nine Months Ended September 30, 2017
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	197,441	$	66,168	$	78,854	$	6,870	$	—	$	349,333
Tenant reimbursements	11,423		1		—		—		—		11,424
Other income	614		1		—		—		1,903		2,518
Mortgage and other financing income	3,426		26,440		35,150		—		—		65,016
Total revenue	212,904		92,610		114,004		6,870		1,903		428,291

Property operating expense	17,060		151		86		1,020		445		18,762
Total investment expenses	17,060		151		86		1,020		445		18,762
Net operating income - before unallocated items	195,844		92,459		113,918		5,850		1,458		409,529

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(33,787		)
Costs associated with loan refinancing or payoff											(1,491		)
Gain on early extinguishment of debt											977
Interest expense, net											(97,853		)
Transaction costs											(388		)
Impairment charges											(10,195		)
Depreciation and amortization											(95,919		)
Equity in income from joint ventures											86
Gain on sale of real estate											28,462
Income tax expense											(2,016		)
Net income											197,405
Preferred dividend requirements											(17,855		)
Net income available to common shareholders of EPR Properties											$	179,550



Operating Data:
	Nine Months Ended September 30, 2016
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	185,530	$	54,797	$	45,443	$	6,345	$	—	$	292,115
Tenant reimbursements	11,570		7		—		—		—		11,577
Other income	222		—		3,635		—		1,955		5,812
Mortgage and other financing income	4,927		25,228		22,650		102		—		52,907
Total revenue	202,249		80,032		71,728		6,447		1,955		362,411

Property operating expense	15,815		—		8		419		445		16,687
Other expense	—		—		—		5		—		5
Total investment expenses	15,815		—		8		424		445		16,692
Net operating income - before unallocated items	186,434		80,032		71,720		6,023		1,510		345,719

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(27,309		)
Costs associated with loan refinancing or payoff											(905		)
Interest expense, net											(70,310		)
Transaction costs											(4,881		)
Depreciation and amortization											(79,222		)
Equity in income from joint ventures											501
Gain on sale of real estate											3,885
Income tax expense											(637		)
Net income											166,841
Preferred dividend requirements											(17,855		)
Net income available to common shareholders of EPR Properties											$	148,986