Segment Information

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company groups its investments into two reportable operating segments: Experiential and Education.

The financial information summarized below is presented by reportable operating segment (in thousands):

Balance Sheet Data:
	As of March 31, 2022
	Experiential		Education		Corporate/Unallocated		Consolidated
Total Assets	$	4,983,264	$	500,369	$	334,437	$	5,818,070
	As of December 31, 2021
	Experiential		Education		Corporate/Unallocated		Consolidated
Total Assets	$	4,995,241	$	505,086	$	300,823	$	5,801,150

Operating Data:
	Three Months Ended March 31, 2022
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	129,025	$	10,578	$	—	$	139,603
Other income	9,210		—		95		9,305
Mortgage and other financing income	8,334		230		—		8,564
Total revenue	146,569		10,808		95		157,472
Property operating expense	13,693		(7)		253		13,939
Other expense	8,097		—		—		8,097
Total investment expenses	21,790		(7)		253		22,036
Net operating income - before unallocated items	124,779		10,815		(158)		135,436
Reconciliation to Consolidated Statements of Income (Loss) and Comprehensive Income:
General and administrative expense							(13,224)
Interest expense, net							(33,260)
Transaction costs							(2,247)
Credit loss benefit							306
Impairment charges							(4,351)
Depreciation and amortization							(40,044)
Equity in loss from joint ventures							(106)
Income tax expense							(318)
Net income							42,192
Preferred dividend requirements							(6,033)
Net income available to common shareholders of EPR Properties							$	36,159

Operating Data:
	Three Months Ended March 31, 2021
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	93,276	$	9,338	$	—	$	102,614
Other income	329		—		349		678
Mortgage and other financing income	8,141		332		—		8,473
Total revenue	101,746		9,670		349		111,765
Property operating expense	14,992		82		239		15,313
Other expense	2,552		—		—		2,552
Total investment expenses	17,544		82		239		17,865
Net operating income - before unallocated items	84,202		9,588		110		93,900
Reconciliation to Consolidated Statements of Income (Loss) and Comprehensive Income:
General and administrative expense							(11,336)
Costs associated with loan refinancing or payoff							(241)
Interest expense, net							(39,194)
Transaction costs							(548)
Credit loss benefit							2,762
Depreciation and amortization							(40,326)
Equity in loss from joint ventures							(1,431)
Gain on sale of real estate							201
Income tax expense							(407)
Net income							3,380
Preferred dividend requirements							(6,034)
Net loss available to common shareholders of EPR Properties							$	(2,654)