Company: EPR-PE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001045450-25-000120
Chunk: 39

Company: EPR PROPERTIES
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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-financial assets and non-financial liabilities that are required to be measured at fair value on a recurring basis.Derivative Financial InstrumentsThe Company determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives also use Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by itself and its counterparties. As of June 30, 2025, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of its derivatives and therefore, classified its derivatives as Level 2 within the fair value reporting hierarchy.The table below presents the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2025 and December 31, 2024 aggregated by the level in the fair value hierarchy within which those measurements are classified and by derivative type.Assets and Liabilities Measured at Fair Value on a Recurring Basis at June 30, 2025 and December 31, 2024(Dollars in thousands)DescriptionQuoted Prices in Active Markets for Identical Assets (Level I)Significant OtherObservableInputs (Level 2)SignificantUnobservableInputs (Level 3)Balance atend of periodJune 30, 2025Cross-Currency Swaps (2)$— $(63)$— $(63)Currency Forward Agreements (2)— (8,789)— (8,789)Interest Rate Swap Agreements (1)— 388 — 388 December 31, 2024Cross-Currency Swaps (1)$— $1,475 $— $1,475 Currency Forward Agreements (2)— (26)— (26)Interest Rate Swap Agreements (1)— 677 — 677 (1) Included in "Other assets" in the accompanying consolidated balance sheets.(2) Included in "Accounts payable and accrued liabilities" in the accompanying consolidated balance sheets.Fair Value of Financial InstrumentsThe following methods and assumptions were used by the Company to estimate the fair value of each class of financial instruments at June 30, 2025 and December 31, 2024: Mortgage notes receivable and related accrued interest receivable, net:The fair value of the Company’s mortgage notes and related accrued interest receivable, net, is