XML 24 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
EPT - Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Rental properties:    
Land and land improvements $ 3,032,678 $ 2,929,009
Buildings and improvements 12,597,249 12,132,736
Total rental properties 15,629,927 15,061,745
Less: accumulated depreciation (4,646,854) (4,133,959)
Net real estate 10,983,073 10,927,786
Real estate under development 111,562 386,047
Co-investments 1,177,802 1,018,010
Real estate held for sale 0 57,938
Total real estate 12,272,437 12,389,781
Cash and cash equivalents-unrestricted 48,420 73,629
Cash and cash equivalents-restricted 10,218 10,412
Marketable securities, net of allowance for credit losses of zero as of both December 31, 2021 and December 31, 2020 191,829 147,768
Notes and other receivables, net of allowance for credit losses of $0.8 million as of both December 31, 2021 and December 31, 2020 (includes related party receivables of $176.9 million and $4.7 million as of December 31, 2021 and December 31, 2020, respectively) 341,033 195,104
Operating lease right-of-use assets 68,972 72,143
Prepaid expenses and other assets 64,964 47,340
Total assets 12,997,873 12,936,177
LIABILITIES AND EQUITY    
Unsecured debt, net 5,307,196 5,607,985
Mortgage notes payable, net 638,957 643,550
Lines of credit 341,257 0
Accounts payable and accrued liabilities 180,751 152,855
Construction payable 29,136 31,417
Dividends payable 143,213 141,917
Operating lease liabilities 70,675 74,037
Liabilities associated with real estate held for sale 0 29,845
Distributions in excess of investments in co-investments 35,545 0
Other liabilities 39,969 39,140
Total liabilities 6,786,699 6,720,746
Commitments and contingencies
Redeemable noncontrolling interest 34,666 32,239
Equity:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 65,248,393 and 64,999,015 shares issued and outstanding, respectively 7 6
Additional paid-in capital 6,915,981 6,876,326
Distributions in excess of accumulated earnings (916,833) (861,193)
Accumulated other comprehensive loss, net (5,552) (14,729)
Total stockholders' equity 5,993,603 6,000,410
Noncontrolling interest 182,905 182,782
Total equity 6,176,508 6,183,192
Total liabilities and equity/capital $ 12,997,873 $ 12,936,177