Segment Information (Tables)

12 Months Ended

Dec. 31, 2019



Operating Data:
	For the Year Ended December 31, 2019
	Experiential		Education		Corporate/Unallocated			Consolidated
Rental revenue	$	525,085	$	67,937	$	—		$	593,022
Other income	24,818		—		1,102			25,920
Mortgage and other financing income	31,594		1,433		—			33,027
Total revenue	581,497		69,370		1,102			651,969

Property operating expense	56,369		3,481		889			60,739
Other expense	29,222		—		445			29,667
Total investment expenses	85,591		3,481		1,334			90,406
Net operating income - before unallocated items	495,906		65,889		(232		)	561,563

Reconciliation to Consolidated Statements of Income and Comprehensive Income:
General and administrative expense								(46,371		)
Severance expense								(2,364		)
Costs associated with loan refinancing or payoff								(38,269		)
Interest expense, net								(142,002		)
Transaction costs								(23,789		)
Impairment charges								(2,206		)
Depreciation and amortization								(158,834		)
Equity in loss from joint ventures								(381		)
Gain on sale of real estate								4,174
Income tax benefit								3,035
Discontinued operations:
Income from discontinued operations before other items								37,241
Impairment on public charter school portfolio sale								(21,433		)
Gain on sale of real estate from discontinued operations								31,879
Net income								202,243
Preferred dividend requirements								(24,136		)
Net income available to common shareholders of EPR Properties								$	178,107



	For the Year Ended December 31, 2018
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	453,721	$	55,365	$	—	$	509,086
Other income	332		—		1,744		2,076
Mortgage and other financing income	117,171		11,588		—		128,759
Total revenue	571,224		66,953		1,744		639,921

Property operating expense	26,168		2,831		655		29,654
Other expense	—		—		443		443
Total investment expenses	26,168		2,831		1,098		30,097
Net operating income - before unallocated items	545,056		64,122		646		609,824

Reconciliation to Consolidated Statements of Income and Comprehensive Income:
General and administrative expense							(48,889		)
Severance expense							(5,938		)
Litigation settlement expense							(2,090		)
Costs associated with loan refinancing or payoff							(31,958		)
Interest expense, net							(135,870		)
Transaction costs							(3,698		)
Impairment charges							(27,283		)
Depreciation and amortization							(138,395		)
Equity in loss from joint ventures							(22		)
Gain on sale of real estate							3,037
Gain on sale of investment in a direct financing lease							5,514
Income tax expense							(2,285		)
Discontinued operations:
Income from discontinued operations before other items							45,036
Net income							266,983
Preferred dividend requirements							(24,142		)
Net income available to common shareholders of EPR Properties							$	242,841



	For the Year Ended December 31, 2017
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	405,172	$	36,015	$	—	$	441,187
Other income	614		1		2,480		3,095
Mortgage and other financing income	53,147		20,891		—		74,038
Total revenue	458,933		56,907		2,480		518,320

Property operating expense	24,699		5,988		640		31,327
Other expense	—		—		242		242
Total investment expenses	24,699		5,988		882		31,569
Net operating income - before unallocated items	434,234		50,919		1,598		486,751

Reconciliation to Consolidated Statements of Income and Comprehensive Income:
General and administrative expense							(43,383		)
Costs associated with loan refinancing or payoff							(1,549		)
Gain on early extinguishment of debt							977
Interest expense, net							(133,461		)
Transaction costs							(523		)
Impairment charges							(1,902		)
Depreciation and amortization							(121,357		)
Equity in income from joint ventures							72
Gain on sale of real estate							41,942
Income tax expense							(2,399		)
Discontinued operations:
Income from discontinued operations before other items							46,093
Impairment charges							(8,293		)
Net income							262,968
Preferred dividend requirements							(24,293		)
Preferred share redemption costs							(4,457		)
Net income available to common shareholders of EPR Properties							$	234,218