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Segment Information | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company groups investments into four reportable operating segments: Entertainment, Recreation, Education and Other. The financial information summarized below is presented by reportable operating segment:
Balance Sheet Data:
|  | As of June 30, 2018
|  | Entertainment | Recreation | Education | Other | Corporate/Unallocated | Consolidated
Total Assets |  | $ | 2,376,492 |  | $ | 2,050,032 |  | $ | 1,420,034 |  | $ | 201,976 |  | $ | 55,690 |  | $ | 6,104,224 |
|  | As of December 31, 2017
|  | Entertainment | Recreation | Education | Other | Corporate/Unallocated | Consolidated
Total Assets |  | $ | 2,380,129 |  | $ | 2,102,041 |  | $ | 1,429,992 |  | $ | 199,052 |  | $ | 80,279 |  | $ | 6,191,493 |
Operating Data: |  |  |  |  |  |  |
|  | Three Months Ended June 30, 2018
|  | Entertainment | Recreation | Education | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 74,640 |  | $ | 34,443 |  | $ | 25,649 |  | $ | 2,287 |  | $ | — |  | $ | 137,019 |
Other income |  | 4 |  | — |  | — |  | — |  | 642 |  | 646 |
Mortgage and other financing income |  | 2,100 |  | 57,540 |  | 5,562 |  | — |  | — |  | 65,202 |
Total revenue |  | 76,744 |  | 91,983 |  | 31,211 |  | 2,287 |  | 642 |  | 202,867 |
Property operating expense |  | 5,816 |  | 24 |  | 644 |  | 689 |  | 161 |  | 7,334 |
Total investment expenses |  | 5,816 |  | 24 |  | 644 |  | 689 |  | 161 |  | 7,334 |
Net operating income - before unallocated items |  | 70,928 |  | 91,959 |  | 30,567 |  | 1,598 |  | 481 |  | 195,533 |
Reconciliation to Consolidated Statements of Income: |  |  |  |
General and administrative expense |  |  |  |  | (12,976 | )
Litigation settlement expense |  |  |  | (2,090 | )
Costs associated with loan refinancing or payoff |  |  |  | (15 | )
Interest expense, net |  |  |  |  |  |  | (34,079 | )
Transaction costs |  |  |  |  |  |  | (405 | )
Impairment charges |  |  |  | (16,548 | )
Depreciation and amortization |  |  |  | (37,582 | )
Equity in loss from joint ventures |  |  |  |  | (88 | )
Gain on sale of real estate |  |  |  | 473 |
Income tax expense |  |  |  | (642 | )
Net income |  |  |  | 91,581 |
Preferred dividend requirements |  |  |  | (6,036 | )
Net income available to common shareholders of EPR Properties | $ | 85,545 |
Operating Data: |  |  |  |  |  |  |
|  | Three Months Ended June 30, 2017
|  | Entertainment | Recreation | Education | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 69,403 |  | $ | 29,384 |  | $ | 22,333 |  | $ | 2,290 |  | $ | — |  | $ | 123,410 |
Other income |  | 606 |  | — |  | 1 |  | — |  | 697 |  | 1,304 |
Mortgage and other financing income |  | 1,096 |  | 13,104 |  | 8,868 |  | — |  | — |  | 23,068 |
Total revenue |  | 71,105 |  | 42,488 |  | 31,202 |  | 2,290 |  | 697 |  | 147,782 |
Property operating expense |  | 5,545 |  | 29 |  | 32 |  | 353 |  | 113 |  | 6,072 |
Total investment expenses |  | 5,545 |  | 29 |  | 32 |  | 353 |  | 113 |  | 6,072 |
Net operating income - before unallocated items |  | 65,560 |  | 42,459 |  | 31,170 |  | 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: |  |  |  |  |  |  |
|  | Six Months Ended June 30, 2018
|  | Entertainment | Recreation | Education | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 149,488 |  | $ | 67,875 |  | $ | 48,034 |  | $ | 4,546 |  | $ | — |  | $ | 269,943 |
Other income |  | 4 |  | 62 |  | — |  | — |  | 1,210 |  | 1,276 |
Mortgage and other financing income |  | 2,902 |  | 71,245 |  | 12,469 |  | — |  | — |  | 86,616 |
Total revenue |  | 152,394 |  | 139,182 |  | 60,503 |  | 4,546 |  | 1,210 |  | 357,835 |
Property operating expense |  | 12,045 |  | 57 |  | 1,473 |  | 1,003 |  | 320 |  | 14,898 |
Total investment expenses |  | 12,045 |  | 57 |  | 1,473 |  | 1,003 |  | 320 |  | 14,898 |
Net operating income - before unallocated items |  | 140,349 |  | 139,125 |  | 59,030 |  | 3,543 |  | 890 |  | 342,937 |
Reconciliation to Consolidated Statements of Income: |  |  |  |
General and administrative expense |  |  |  |  | (25,300 | )
Litigation settlement expense |  |  |  | (2,090 | )
Costs associated with loan refinancing or payoff |  |  |  | (31,958 | )
Interest expense, net |  |  |  |  |  |  | (68,416 | )
Transaction costs |  |  |  |  |  |  | (1,014 | )
Impairment charges |  |  |  | (16,548 | )
Depreciation and amortization |  |  |  | (75,266 | )
Equity in loss from joint ventures |  |  |  |  | (37 | )
Gain on sale of real estate |  |  |  | 473 |
Income tax expense |  |  |  | (1,662 | )
Net income |  |  |  | 121,119 |
Preferred dividend requirements |  |  |  | (12,072 | )
Net income available to common shareholders of EPR Properties | $ | 109,047 |
Operating Data: |  |  |  |  |  |  |
|  | Six Months Ended June 30, 2017
|  | Entertainment | Recreation | Education | Other | Corporate/Unallocated | Consolidated
Rental revenue |  | $ | 138,243 |  | $ | 46,683 |  | $ | 44,690 |  | $ | 4,580 |  | $ | — |  | $ | 234,196 |
Other income |  | 612 |  | — |  | 1 |  | — |  | 1,383 |  | 1,996 |
Mortgage and other financing income |  | 2,275 |  | 21,010 |  | 17,417 |  | — |  | — |  | 40,702 |
Total revenue |  | 141,130 |  | 67,693 |  | 62,108 |  | 4,580 |  | 1,383 |  | 276,894 |
Property operating expense |  | 11,380 |  | 57 |  | 32 |  | 693 |  | 260 |  | 12,422 |
Total investment expenses |  | 11,380 |  | 57 |  | 32 |  | 693 |  | 260 |  | 12,422 |
Net operating income - before unallocated items |  | 129,750 |  | 67,636 |  | 62,076 |  | 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 |

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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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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