Company: EPR-PE
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001045450-25-000051
Chunk: 137

Company: EPR PROPERTIES
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 137
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), American-Multi Cinema, Inc. (AMC) and Regal Cinemas (Regal) represented a significant portion of the Company's total revenue for the years ended December 31, 2024, 2023 and 2022. The Company had higher revenue from Regal during the years ended December 31, 2023 and 2022 due to the payment of higher base rent (pre-bankruptcy) and the repayment of deferred rent due, both of which were recognized as rental revenue when received. The following is a summary of the Company's total revenue derived from rental or interest payments from Topgolf, AMC and Regal (dollars in thousands): Year ended December 31,202420232022Total Revenue% of Company's Total RevenueTotal Revenue% of Company's Total RevenueTotal Revenue% of Company's Total RevenueTopgolf$100,810 14.4 %$98,022 13.9 %$94,177 14.3 %AMC94,358 13.5 %94,687 13.4 %94,476 14.4 %Regal76,395 10.9 %103,716 14.7 %90,678 13.8 %Cash EquivalentsCash equivalents include bank demand deposits and other short-term investments.

75

EPR PROPERTIES Notes to Consolidated Financial StatementsDecember 31, 2024, 2023 and 2022

Restricted CashRestricted cash represents cash held for escrow deposits required in connection with property management and debt agreements or held for potential acquisitions and redevelopments.  Share-Based CompensationShare-based compensation to associates of the Company is granted pursuant to the Company's Annual Incentive Program and Long-Term Incentive Plan and share-based compensation to non-associate Trustees of the Company is granted pursuant to the Company's Trustee compensation program. Share-based compensation expense consists of amortization of nonvested share grants and share options issued to associates, and amortization of share units issued to non-associate Trustees for payment of their annual retainers. Share-based compensation is included in "General and administrative expense" in the accompanying consolidated statements of income and comprehensive income.Nonvested Shares Issued to AssociatesThe Company grants nonvested shares to associates pursuant to both the Annual Incentive Program and the Long-Term Incentive Plan. The Company amortizes the expense related to the nonvested shares awarded to associates under the