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EPT - Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Rental properties:    
Land and land improvements $ 3,043,321 $ 3,032,678
Buildings and improvements 12,922,906 12,597,249
Total rental properties 15,966,227 15,629,927
Less: accumulated depreciation (5,152,133) (4,646,854)
Net real estate 10,814,094 10,983,073
Real estate under development 24,857 111,562
Co-investments 1,127,491 1,177,802
Total real estate 11,966,442 12,272,437
Cash and cash equivalents-unrestricted 33,295 48,420
Cash and cash equivalents-restricted 9,386 10,218
Marketable securities, net of allowance for credit losses of zero as of both December 31, 2022 and December 31, 2021 112,743 191,829
Notes and other receivables, net of allowance for credit losses of $0.3 million and $0.8 million as of December 31, 2022 and December 31, 2021 (includes related party receivables of $7.0 million and $176.9 million as of December 31, 2022 and December 31, 2021, respectively) 103,045 341,033
Operating lease right-of-use assets 67,239 68,972
Prepaid expenses and other assets 80,755 64,964
Total assets 12,372,905 12,997,873
LIABILITIES AND EQUITY    
Unsecured debt, net 5,312,168 5,307,196
Mortgage notes payable, net 593,943 638,957
Lines of credit 52,073 341,257
Accounts payable and accrued liabilities 165,461 180,751
Construction payable 23,159 29,136
Dividends payable 149,166 143,213
Distributions in excess of investments in co-investments 42,532 35,545
Operating lease liabilities 68,696 70,675
Other liabilities 43,441 39,969
Total liabilities 6,450,639 6,786,699
Commitments and contingencies
Redeemable noncontrolling interest 27,150 34,666
Equity:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 64,604,603 and 65,248,393 shares issued and outstanding, respectively 6 7
Additional paid-in capital 6,750,076 6,915,981
Distributions in excess of accumulated earnings (1,080,176) (916,833)
Accumulated other comprehensive income (loss), net 46,466 (5,552)
Total stockholders' equity 5,716,372 5,993,603
Noncontrolling interest 178,744 182,905
Total equity 5,895,116 6,176,508
Total liabilities and capital $ 12,372,905 $ 12,997,873