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EPT - Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Rental properties:    
Land and land improvements $ 3,036,912 $ 3,043,321
Buildings and improvements 13,098,311 12,922,906
Total rental properties 16,135,223 15,966,227
Less: accumulated depreciation (5,664,931) (5,152,133)
Net real estate 10,470,292 10,814,094
Real estate under development 23,724 24,857
Co-investments 1,061,733 1,127,491
Total real estate 11,555,749 11,966,442
Cash and cash equivalents-unrestricted 391,749 33,295
Cash and cash equivalents-restricted 8,585 9,386
Marketable securities, net of allowance for credit losses of zero as of both December 31, 2023 and December 31, 2022 87,795 112,743
Notes and other receivables, net of allowance for credit losses of $0.7 million and $0.3 million as of December 31, 2023 and December 31, 2022 (includes related party receivables of $6.1 million and $7.0 million as of December 31, 2023 and December 31, 2022, respectively) 174,621 103,045
Operating lease right-of-use assets 63,757 67,239
Prepaid expenses and other assets 79,171 80,755
Total assets 12,361,427 12,372,905
LIABILITIES AND EQUITY    
Unsecured debt, net 5,318,531 5,312,168
Mortgage notes payable, net 887,204 593,943
Lines of credit 0 52,073
Accounts payable and accrued liabilities 176,401 165,461
Construction payable 20,659 23,159
Dividends payable 155,695 149,166
Distributions in excess of investments in co-investments 65,488 42,532
Operating lease liabilities 65,091 68,696
Other liabilities 46,175 43,441
Total liabilities 6,735,244 6,450,639
Commitments and contingencies
Redeemable noncontrolling interest 32,205 27,150
Equity:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 64,203,497 and 64,604,603 shares issued and outstanding, respectively 6 6
Additional paid-in capital 6,656,720 6,750,076
Distributions in excess of accumulated earnings (1,267,536) (1,080,176)
Accumulated other comprehensive income, net 33,556 46,466
Total stockholders' equity 5,422,746 5,716,372
Noncontrolling interest 171,232 178,744
Total equity 5,593,978 5,895,116
Total liabilities and equity $ 12,361,427 $ 12,372,905