Company: EPR-PE
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001045450-25-000082
Chunk: 22

Company: EPR PROPERTIES
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 — Stock option exercises, net268 — — — 12 (12)— — — Dividend equivalents accrued on performance share units— — — — — — — 497 497 Dividends to common shareholders ($0.865 per share)— — — — — — — (65,753)(65,753)Dividends to Series C preferred shareholders ($0.359375 per share)— — — — — — — (1,938)(1,938)Dividends to Series E preferred shareholders ($0.5625 per share)— — — — — — — (1,938)(1,938)Dividends to Series G preferred shareholders ($0.359375 per share)— — — — — — — (2,156)(2,156)Balance at March 31, 202584,160,742 $842 14,838,596 $148 $3,963,430 $(295,258)$(3,567)$(1,344,583)$2,321,012 

See accompanying notes to consolidated financial statements.

3

EPR PROPERTIES

Consolidated Statements of Cash Flows

(Unaudited)

(Dollars in thousands)  Three Months Ended March 31, 20252024Operating activities:Net income$65,803 $62,709 Adjustments to reconcile net income to net cash provided by operating activities:Gain on sale of real estate(9,384)(17,949)Deferred income tax benefit(530)(277)Equity in loss from joint ventures2,647 3,627 Distributions from joint ventures11 — Provision (benefit) for credit losses, net(652)2,737 Depreciation and amortization41,089 40,469 Amortization of deferred financing costs2,206 2,212 Amortization of above/below market leases and tenant allowances, net(81)(84)Share-based compensation expense to management and Trustees3,867 3,692 Share-based compensation expense included in retirement and severance expense— 1,598 Change in assets and liabilities:Operating lease assets and liabilities(293)(287)Mortgage notes accrued interest receivable(1,687)(1,