XML 68 R57.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Information Operating Data (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Segment Reporting Information [Line Items]        
Rental revenue $ 157,330 $ 137,019 $ 308,053 $ 269,943
Other income 5,726 646 6,070 1,276
Interest and Fee Income, Loans, Commercial and Residential, Real Estate 12,642 65,202 26,117 86,616
Revenues 175,698 202,867 340,240 357,835
Property operating expense 14,771 7,334 30,564 14,898
Other expense 8,091 0 8,091 0
Total investment expenses 22,862 7,334 38,655 14,898
Net Operating Income - Before Unallocated Items 152,836 195,533 301,585 342,937
Reconciliation to Consolidated Statements of Income:        
General and administrative expense (12,230) (12,976) (24,360) (25,300)
Gain (Loss) Related to Litigation Settlement 0 (2,090) 0 (2,090)
Costs associated with loan refinancing 0 (15) 0 (31,958)
Interest expense, net (36,278) (34,079) (70,104) (68,416)
Transaction costs (6,923) (405) (12,046) (1,014)
Asset Impairment Charges 0 (16,548) 0 (16,548)
Depreciation and amortization (42,355) (37,582) (82,098) (75,266)
Equity in income from joint ventures 470 (88) 959 (37)
Gain on sale of real estate 9,774 473 16,102 473
Income tax benefit (expense) 1,300 (642) 1,905 (1,662)
Net income attributable to EPR Properties 66,594 91,581 131,943 121,119
Preferred dividend requirements (6,034) (6,036) (12,068) (12,072)
Net Income (Loss) Available to Common Stockholders, Basic 60,560 85,545 119,875 109,047
Entertainment Reportable Operating Segment [Member]        
Segment Reporting Information [Line Items]        
Rental revenue 83,718 74,640 164,231 149,488
Other income 1,575 4 1,585 4
Interest and Fee Income, Loans, Commercial and Residential, Real Estate 107 2,100 163 2,902
Revenues 85,400 76,744 165,979 152,394
Property operating expense 9,871 5,816 20,496 12,045
Other expense 1,029   1,029  
Total investment expenses 10,900 5,816 21,525 12,045
Net Operating Income - Before Unallocated Items 74,500 70,928 144,454 140,349
Recreation Reportable Operating Segment [Member]        
Segment Reporting Information [Line Items]        
Rental revenue 42,886 34,443 83,415 67,875
Other income 3,848 0 3,909 62
Interest and Fee Income, Loans, Commercial and Residential, Real Estate 8,654 57,540 17,966 71,245
Revenues 55,388 91,983 105,290 139,182
Property operating expense 2,729 24 5,463 57
Other expense 7,062   7,062  
Total investment expenses 9,791 24 12,525 57
Net Operating Income - Before Unallocated Items 45,597 91,959 92,765 139,125
Education Reportable Operating Segment [Member]        
Segment Reporting Information [Line Items]        
Rental revenue 28,059 25,649 54,766 48,034
Other income 0 0 0 0
Interest and Fee Income, Loans, Commercial and Residential, Real Estate 3,881 5,562 7,988 12,469
Revenues 31,940 31,211 62,754 60,503
Property operating expense 1,056 644 2,168 1,473
Other expense 0   0  
Total investment expenses 1,056 644 2,168 1,473
Net Operating Income - Before Unallocated Items 30,884 30,567 60,586 59,030
Other Reportable Operating Segment [Member]        
Segment Reporting Information [Line Items]        
Rental revenue 2,667 2,287 5,641 4,546
Other income 0 0 0 0
Interest and Fee Income, Loans, Commercial and Residential, Real Estate 0 0 0 0
Revenues 2,667 2,287 5,641 4,546
Property operating expense 888 689 1,977 1,003
Other expense 0   0  
Total investment expenses 888 689 1,977 1,003
Net Operating Income - Before Unallocated Items 1,779 1,598 3,664 3,543
Corporate / Unallocated        
Segment Reporting Information [Line Items]        
Rental revenue 0 0 0 0
Other income 303 642 576 1,210
Interest and Fee Income, Loans, Commercial and Residential, Real Estate 0 0 0 0
Revenues 303 642 576 1,210
Property operating expense 227 161 460 320
Other expense 0   0  
Total investment expenses 227 161 460 320
Net Operating Income - Before Unallocated Items $ 76 $ 481 $ 116 $ 890