Company: EPR-PE
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001045450-25-000082
Chunk: 18

Company: EPR PROPERTIES
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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Item 1. Financial Statements 

EPR PROPERTIES

Consolidated Balance Sheets

(Dollars in thousands except share data)

 March 31, 2025December 31, 2024(unaudited)AssetsReal estate investments, net of accumulated depreciation of $1,595,820 and $1,562,645 at March 31, 2025 and December 31, 2024, respectively$4,353,893 $4,435,358 Land held for development20,168 20,168 Property under development118,264 112,263 Operating lease right-of-use assets180,557 173,364 Mortgage notes and related accrued interest receivable, net of allowance for credit losses of $6,259 and $17,111 at March 31, 2025 and December 31, 2024, respectively659,004 665,796 Investment in joint ventures11,361 14,019 Cash and cash equivalents20,572 22,062 Restricted cash6,354 13,637 Accounts receivable85,811 84,589 Other assets76,565 75,251 Total assets$5,532,549 $5,616,507 Liabilities and EquityLiabilities:Accounts payable and accrued liabilities$93,248 $107,976 Operating lease liabilities219,305 212,400 Common dividends payable22,440 25,831 Preferred dividends payable6,032 6,032 Unearned rents and interest78,550 80,565 Debt2,791,962 2,860,458 Total liabilities3,211,537 3,293,262 Equity:Common Shares, $0.01 par value; 125,000,000 shares authorized at March 31, 2025 and December 31, 2024; and 84,160,742 and 83,619,740 shares issued at March 31, 2025 and December 31, 2024, respectively842 836 Preferred Shares, $0.01 par value; 25,000,000 shares authorized:5,392,616 and 5,392,716 Series C convertible shares issued at March 31, 2025 and December 31, 2024, respectively; liquidation preference of $134,815,40054 54 3,445,980 Series E convertible