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Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Reportable Operating Segments

Segment Information

The Company groups its investments into two reportable operating segments: Experiential and Education.

The financial information summarized below is presented by reportable operating segment (in thousands):

Balance Sheet Data:
			As of March 31, 2024
			Experiential			Education			Corporate/Unallocated			Consolidated
Total Assets			$	5,201,690		$	430,201		$	62,145		$	5,694,036
			As of December 31, 2023
			Experiential			Education			Corporate/Unallocated			Consolidated
Total Assets			$	5,189,831		$	433,177		$	77,877		$	5,700,885

Operating Data:
			Three Months Ended March 31, 2024
			Experiential			Education			Corporate/Unallocated			Consolidated
Rental revenue			$	132,824		$	9,457		$	—		$	142,281
Other income			11,770			100			167			12,037
Mortgage and other financing income			12,705			209			—			12,914
Total revenue			157,299			9,766			167			167,232
Property operating expense			14,540			129			251			14,920
Other expense			12,976			—			—			12,976
Total investment expenses			27,516			129			251			27,896
Net operating income - before unallocated items			129,783			9,637			(84)			139,336
Reconciliation to Consolidated Statements of Income and Comprehensive Income:
General and administrative expense												(13,908)
Retirement and severance expense												(1,836)
Transaction costs												(1)
(Provision) benefit for credit losses, net												(2,737)
Depreciation and amortization												(40,469)
Gain on sale of real estate												17,949
Interest expense, net												(31,651)
Equity in loss from joint ventures												(3,627)
Income tax expense												(347)
Net income												62,709
Preferred dividend requirements												(6,032)
Net income available to common shareholders of EPR Properties												$	56,677

Operating Data:
			Three Months Ended March 31, 2023
			Experiential			Education			Corporate/Unallocated			Consolidated
Rental revenue			$	141,700		$	9,891		$	—		$	151,591
Other income			9,108			1			224			9,333
Mortgage and other financing income			10,249			223			—			10,472
Total revenue			161,057			10,115			224			171,396
Property operating expense			14,177			—			(22)			14,155
Other expense			8,950			—			—			8,950
Total investment expenses			23,127			—			(22)			23,105
Net operating income - before unallocated items			137,930			10,115			246			148,291
Reconciliation to Consolidated Statements of Income and Comprehensive Income:
General and administrative expense												(13,965)
Transaction costs												(270)
(Provision) benefit for credit losses, net												(587)
Depreciation and amortization												(41,204)
Loss on sale of real estate												(560)
Interest expense, net												(31,722)
Equity in loss from joint ventures												(1,985)
Income tax expense												(341)
Net income												57,657
Preferred dividend requirements												(6,033)
Net income available to common shareholders of EPR Properties												$	51,624

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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