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Segment Information | 6 Months Ended
--- | ---
Jun. 30, 2024
Segment Reporting [Abstract] |
Segment Information | 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 June 30, 2024
| Experiential | Education | Corporate/Unallocated | Consolidated
Total Assets | $ | 5,176,331 |  | $ | 427,312 |  | $ | 41,724 |  | $ | 5,645,367 |
| 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 June 30, 2024
| Experiential | Education | Corporate/Unallocated | Consolidated
Rental revenue | $ | 135,573 |  | $ | 9,520 |  | $ | — |  | $ | 145,093 |
Other income | 14,213 |  | — |  | 205 |  | 14,418 |
Mortgage and other financing income | 13,374 |  | 210 |  | — |  | 13,584 |
Total revenue | 163,160 |  | 9,730 |  | 205 |  | 173,095 |
Property operating expense | 14,042 |  | 157 |  | 228 |  | 14,427 |
Other expense | 14,833 |  | — |  | — |  | 14,833 |
Total investment expenses | 28,875 |  | 157 |  | 228 |  | 29,260 |
Net operating income - before unallocated items | 134,285 |  | 9,573 |  | (23) |  | 143,835 |
Reconciliation to Consolidated Statements of Income and Comprehensive Income:
General and administrative expense |  |  | (12,020) |
Transaction costs |  |  |  | (199) |
(Provision) benefit for credit losses, net |  | (404) |
Impairment charges |  |  |  | (11,812) |
Depreciation and amortization |  |  | (41,474) |
Gain on sale of real estate |  |  | 1,459 |
Interest expense, net |  |  |  | (32,820) |
Equity in loss from joint ventures |  |  | (906) |
Income tax expense |  |  | (557) |
Net income |  |  | 45,102 |
Preferred dividend requirements |  |  | (6,040) |
Net income available to common shareholders of EPR Properties | $ | 39,062 |
Operating Data: |  |  |  |
| Three Months Ended June 30, 2023
| Experiential | Education | Corporate/Unallocated | Consolidated
Rental revenue | $ | 142,421 |  | $ | 9,449 |  | $ | — |  | $ | 151,870 |
Other income | 9,825 |  | — |  | 299 |  | 10,124 |
Mortgage and other financing income | 10,694 |  | 219 |  | — |  | 10,913 |
Total revenue | 162,940 |  | 9,668 |  | 299 |  | 172,907 |
Property operating expense | 13,744 |  | — |  | 228 |  | 13,972 |
Other expense | 9,161 |  | — |  | — |  | 9,161 |
Total investment expenses | 22,905 |  | — |  | 228 |  | 23,133 |
Net operating income - before unallocated items | 140,035 |  | 9,668 |  | 71 |  | 149,774 |
Reconciliation to Consolidated Statements of Income and Comprehensive Income:
General and administrative expense |  |  | (15,248) |
Retirement and severance expense |  |  | (547) |
Transaction costs |  |  |  | (36) |
(Provision) benefit for credit losses, net |  | 275 |
Impairment charges |  |  |  | (43,785) |
Depreciation and amortization |  |  | (43,705) |
Loss on sale of real estate |  |  | (575) |
Interest expense, net |  |  |  | (31,591) |
Equity in loss from joint ventures |  |  | (615) |
Income tax expense |  |  |  | (347) |
Net income |  |  | 13,600 |
Preferred dividend requirements |  | (6,040) |
Net income available to common shareholders of EPR Properties | $ | 7,560 |

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- Definition The entire disclosure for reporting segments including data and tables. 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