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EPT - Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Rental properties:    
Land and land improvements $ 3,036,912 $ 3,043,321
Buildings and improvements 13,036,033 12,922,906
Total rental properties 16,072,945 15,966,227
Less: accumulated depreciation (5,527,559) (5,152,133)
Net real estate 10,545,386 10,814,094
Real estate under development 23,067 24,857
Co-investments 1,133,515 1,127,491
Total real estate 11,701,968 11,966,442
Cash and cash equivalents-unrestricted 391,994 33,295
Cash and cash equivalents-restricted 8,503 9,386
Marketable securities, net of allowance for credit losses of zero as of both September 30, 2023 and December 31, 2022 90,186 112,743
Notes and other receivables, net of allowance for credit losses of $0.6 million and $0.3 million as of September 30, 2023 and December 31, 2022, respectively (includes related party receivables of $7.2 million and $7.0 million as of September 30, 2023 and December 31, 2022, respectively) 164,603 103,045
Operating lease right-of-use assets 64,636 67,239
Prepaid expenses and other assets 75,757 80,755
Total assets 12,497,647 12,372,905
LIABILITIES AND EQUITY    
Unsecured debt, net 5,316,929 5,312,168
Mortgage notes payable, net 888,010 593,943
Lines of credit 0 52,073
Accounts payable and accrued liabilities 215,201 165,461
Construction payable 22,709 23,159
Dividends payable 155,806 149,166
Distributions in excess of investments in co-investments 50,686 42,532
Operating lease liabilities 65,927 68,696
Other liabilities 45,972 43,441
Total liabilities 6,761,240 6,450,639
Commitments and contingencies
Redeemable noncontrolling interest 29,960 27,150
Equity:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 64,184,604 and 64,604,603 shares issued and outstanding, respectively 6 6
Additional paid-in capital 6,660,916 6,750,076
Distributions in excess of accumulated earnings (1,184,597) (1,080,176)
Accumulated other comprehensive income, net 55,358 46,466
Total stockholders' equity 5,531,683 5,716,372
Noncontrolling interest 174,764 178,744
Total equity 5,706,447 5,895,116
Total liabilities and equity $ 12,497,647 $ 12,372,905