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