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Segment Information | 6 Months Ended
--- | ---
Jun. 30, 2017
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company groups investments into four reportable operating segments: Entertainment, Education, Recreation and Other. The financial information summarized below is presented by reportable operating segment:
Balance Sheet Data:
|  | As of June 30, 2017
|  | Entertainment | Education | Recreation | Other | Corporate/Unallocated | Consolidated
Total Assets |  | $ | 2,200,480 |  | $ | 1,434,537 |  | $ | 1,993,713 |  | $ | 201,163 |  | $ | 108,993 |  | $ | 5,938,886 |
|  | As of December 31, 2016
|  | Entertainment | Education | Recreation | Other | Corporate/Unallocated | Consolidated
Total Assets |  | $ | 2,168,669 |  | $ | 1,308,288 |  | $ | 1,120,498 |  | $ | 202,394 |  | $ | 65,173 |  | $ | 4,865,022 |
Operating Data: |  |  |  |  |  |  |
|  | Three Months Ended June 30, 2017
|  | Entertainment | Education | Recreation | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 65,462 |  | $ | 22,333 |  | $ | 29,384 |  | $ | 2,290 |  | $ | — |  | $ | 119,469 |
Tenant reimbursements |  | 3,941 |  | — |  | — |  | — |  | — |  | 3,941 |
Other income |  | 606 |  | 1 |  | — |  | — |  | 697 |  | 1,304 |
Mortgage and other financing income |  | 1,096 |  | 8,868 |  | 13,104 |  | — |  | — |  | 23,068 |
Total revenue |  | 71,105 |  | 31,202 |  | 42,488 |  | 2,290 |  | 697 |  | 147,782 |
Property operating expense |  | 5,545 |  | 32 |  | 29 |  | 353 |  | 113 |  | 6,072 |
Total investment expenses |  | 5,545 |  | 32 |  | 29 |  | 353 |  | 113 |  | 6,072 |
Net operating income - before unallocated items |  | 65,560 |  | 31,170 |  | 42,459 |  | 1,937 |  | 584 |  | 141,710 |
Reconciliation to Consolidated Statements of Income: |  |  |  |
General and administrative expense |  |  |  |  | (10,660 | )
Costs associated with loan refinancing or payoff |  |  |  | (9 | )
Gain on early extinguishment of debt |  |  |  | 977 |
Interest expense, net |  |  |  |  |  |  | (32,967 | )
Transaction costs |  |  |  |  |  |  | (218 | )
Impairment charges |  |  |  | (10,195 | )
Depreciation and amortization |  |  |  | (33,148 | )
Equity in income from joint ventures |  |  |  |  | 59 |
Gain on sale of real estate |  |  |  | 25,461 |
Income tax expense |  |  |  | (475 | )
Net income |  |  |  | 80,535 |
Preferred dividend requirements |  |  |  | (5,952 | )
Net income available to common shareholders of EPR Properties | $ | 74,583 |
Operating Data: |  |  |  |  |  |  |
|  | Three Months Ended June 30, 2016
|  | Entertainment | Education | Recreation | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 61,258 |  | $ | 17,717 |  | $ | 14,789 |  | $ | 2,291 |  | $ | — |  | $ | 96,055 |
Tenant reimbursements |  | 3,891 |  | — |  | — |  | — |  | — |  | 3,891 |
Other income |  | 210 |  | — |  | 1,321 |  | — |  | 595 |  | 2,126 |
Mortgage and other financing income |  | 1,481 |  | 7,178 |  | 7,268 |  | 34 |  | — |  | 15,961 |
Total revenue |  | 66,840 |  | 24,895 |  | 23,378 |  | 2,325 |  | 595 |  | 118,033 |
Property operating expense |  | 5,335 |  | — |  | — |  | 103 |  | 142 |  | 5,580 |
Total investment expenses |  | 5,335 |  | — |  | — |  | 103 |  | 142 |  | 5,580 |
Net operating income - before unallocated items |  | 61,505 |  | 24,895 |  | 23,378 |  | 2,222 |  | 453 |  | 112,453 |
Reconciliation to Consolidated Statements of Income: |  |  |  |
General and administrative expense |  |  |  |  | (9,000 | )
Costs associated with loan refinancing or payoff |  |  |  | (339 | )
Interest expense, net |  |  |  |  |  |  | (22,756 | )
Transaction costs |  |  |  |  |  |  | (1,490 | )
Depreciation and amortization |  |  |  |  | (25,666 | )
Equity in income from joint ventures |  |  |  | 86 |
Gain on sale of real estate |  |  |  | 2,270 |
Income tax expense |  |  |  |  |  |  | (423 | )
Net income |  |  |  | 55,135 |
Preferred dividend requirements |  |  | (5,952 | )
Net income available to common shareholders of EPR Properties | $ | 49,183 |
Operating Data: |  |  |  |  |  |  |
|  | Six Months Ended June 30, 2017
|  | Entertainment | Education | Recreation | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 130,553 |  | $ | 44,690 |  | $ | 46,683 |  | $ | 4,580 |  | $ | — |  | $ | 226,506 |
Tenant reimbursements |  | 7,690 |  | — |  | — |  | — |  | — |  | 7,690 |
Other income |  | 612 |  | 1 |  | — |  | — |  | 1,383 |  | 1,996 |
Mortgage and other financing income |  | 2,275 |  | 17,417 |  | 21,010 |  | — |  | — |  | 40,702 |
Total revenue |  | 141,130 |  | 62,108 |  | 67,693 |  | 4,580 |  | 1,383 |  | 276,894 |
Property operating expense |  | 11,380 |  | 32 |  | 57 |  | 693 |  | 260 |  | 12,422 |
Total investment expenses |  | 11,380 |  | 32 |  | 57 |  | 693 |  | 260 |  | 12,422 |
Net operating income - before unallocated items |  | 129,750 |  | 62,076 |  | 67,636 |  | 3,887 |  | 1,123 |  | 264,472 |
Reconciliation to Consolidated Statements of Income: |  |  |  |
General and administrative expense |  |  |  |  | (21,717 | )
Costs associated with loan refinancing or payoff |  |  |  | (14 | )
Gain on early extinguishment of debt |  |  |  | 977 |
Interest expense, net |  |  |  |  |  |  | (63,659 | )
Transaction costs |  |  |  |  |  |  | (275 | )
Impairment charges |  |  |  | (10,195 | )
Depreciation and amortization |  |  |  |  | (61,225 | )
Equity in income from joint ventures |  |  |  | 51 |
Gain on sale of real estate |  |  |  |  | 27,465 |
Income tax expense |  |  |  |  |  |  | (1,429 | )
Net income |  |  |  | 134,451 |
Preferred dividend requirements |  |  |  |  | (11,904 | )
Net income available to common shareholders of EPR Properties | $ | 122,547 |
Operating Data: |  |  |  |  |  |  |
|  | Six Months Ended June 30, 2016
|  | Entertainment | Education | Recreation | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 121,396 |  | $ | 34,897 |  | $ | 29,485 |  | $ | 4,055 |  | $ | — |  | $ | 189,833 |
Tenant reimbursements |  | 7,754 |  | 2 |  | — |  | — |  | — |  | 7,756 |
Other income |  | 214 |  | — |  | 1,810 |  | — |  | 1,312 |  | 3,336 |
Mortgage and other financing income |  | 3,633 |  | 17,909 |  | 14,266 |  | 68 |  | — |  | 35,876 |
Total revenue |  | 132,997 |  | 52,808 |  | 45,561 |  | 4,123 |  | 1,312 |  | 236,801 |
Property operating expense |  | 10,587 |  | — |  | 8 |  | 186 |  | 280 |  | 11,061 |
Other expense |  | — |  | — |  | — |  | 5 |  | — |  | 5 |
Total investment expenses |  | 10,587 |  | — |  | 8 |  | 191 |  | 280 |  | 11,066 |
Net operating income - before unallocated items |  | 122,410 |  | 52,808 |  | 45,553 |  | 3,932 |  | 1,032 |  | 225,735 |
Reconciliation to Consolidated Statements of Income: |  |  |  |
General and administrative expense |  |  |  |  | (18,218 | )
Costs associated with loan refinancing or payoff |  |  |  | (891 | )
Interest expense, net |  |  |  |  |  |  | (46,045 | )
Transaction costs |  |  |  |  |  |  | (1,934 | )
Depreciation and amortization |  |  |  |  | (51,621 | )
Equity in income from joint ventures |  |  |  | 298 |
Gain on sale of real estate |  |  |  |  | 2,270 |
Income tax expense |  |  |  |  |  |  | (279 | )
Net income |  |  |  | 109,315 |
Preferred dividend requirements |  |  |  |  | (11,904 | )
Net income available to common shareholders of EPR Properties | $ | 97,411 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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