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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Rental revenue $ 140,905 $ 126,561 $ 410,848 $ 360,757
Other income 365 522 1,641 2,518
Mortgage and other financing income 35,139 24,314 121,755 65,016
Total revenue 176,409 151,397 534,244 428,291
Property operating expense 6,968 6,340 21,866 18,762
Other expense 118 0 118 0
General and administrative expense 11,424 12,070 36,724 33,787
Litigation settlement expense 0 0 2,090 0
Costs associated with loan refinancing or payoff 0 1,477 31,958 1,491
Gain on early extinguishment of debt 0 0 0 977
Interest expense, net 33,576 34,194 101,992 97,853
Transaction costs 1,101 113 2,115 388
Impairment charges 0 0 16,548 10,195
Depreciation and amortization 38,623 34,694 113,889 95,919
Income before equity in income from joint ventures and other items 84,599 62,509 206,944 170,873
Equity in income (loss) from joint ventures 20 35 (17) 86
Gain on sale of real estate 2,215 997 2,688 28,462
gain on sale of investment in direct financing leases 5,514 0 5,514 0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 92,348 63,541 215,129 199,421
Income tax expense (515) (587) (2,177) (2,016)
Net income 91,833 62,954 212,952 197,405
Preferred dividend requirements (6,036) (5,951) (18,108) (17,855)
Net income available to common shareholders of EPR Properties $ 85,797 $ 57,003 $ 194,844 $ 179,550
Basic earnings per share data:        
Net income available to common shareholders (in dollars per share) $ 1.15 $ 0.77 $ 2.62 $ 2.55
Diluted earnings per share data:        
Net income available to common shareholders (in dollars per share) $ 1.15 $ 0.77 $ 2.62 $ 2.55
Shares used for computation (in thousands):        
Basic (in shares) 74,345 73,663 74,274 70,320
Diluted (in shares) 74,404 73,724 74,316 70,385