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EPT - Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Rental and other property $ 379,216 $ 352,876
Management and other fees from affiliates 2,689 2,249
Revenues 381,905 355,125
Expenses:    
Property operating, excluding real estate taxes 68,858 65,085
Real estate taxes 47,242 45,328
Corporate-level property management expenses 10,172 9,013
Depreciation and amortization 133,533 128,587
General and administrative 12,242 9,812
Expensed acquisition and investment related costs 8 15
Total expenses 272,055 257,840
Gain on sale of real estate and land 0 100,096
Earnings from operations 109,850 197,381
Interest expense (50,377) (51,649)
Total return swap income 2,544 2,844
Interest and other (loss) income (7,567) 14,387
Equity income from co-investments 21,171 17,011
Deferred tax benefit (expense) on unconsolidated co-investments 2,754 (508)
Loss on early retirement of debt, net 0 (2,517)
Net income (loss) 78,375 176,949
Net income attributable to noncontrolling interest (5,121) (8,505)
Net income available to common stockholders 73,254 168,444
Comprehensive income 98,856 181,441
Comprehensive income attributable to noncontrolling interest (5,813) (8,658)
Comprehensive income attributable to controlling interest $ 93,043 $ 172,783
Basic:    
Net income available to common stockholders/unitholders (in dollars per share) $ 1.12 $ 2.59
Weighted average number of shares/common units outstanding during the period (in shares) 65,275,775 64,989,620
Diluted:    
Net income available to common stockholders/unitholders (in dollars per share) $ 1.12 $ 2.59
Weighted average number of shares/common units outstanding during the period (in shares) 65,339,378 65,114,933