Company: EPR-PE
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001045450-25-000051
Chunk: 158

Company: EPR PROPERTIES
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 158
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 hedge on a systematic and rational basis, as documented at hedge inception in accordance with the Company's accounting policy election. The earnings recognition of excluded components are presented in other income. Below is a summary of the effect of derivative instruments on the consolidated statements of changes in equity and income for the years ended December 31, 2024, 2023 and 2022:Effect of Derivative Instruments on the Consolidated Statements of Changes in Equity and Comprehensive Income for the Years Ended December 31, 2024, 2023 and 2022(Dollars in thousands) Year Ended December 31,Description202420232022Cash Flow HedgesInterest Rate SwapsAmount of Gain (Loss) Recognized in AOCI on Derivative$305 $(91)$1,539 Amount of Income Reclassified from AOCI into Earnings (1)697 648 96 Cross Currency SwapsAmount of Gain (Loss) Recognized in AOCI on Derivative2,099 (260)1,898 Amount of Income Reclassified from AOCI into Earnings (2)1,008 880 276 Net Investment HedgesCross Currency SwapsAmount of Gain Recognized in AOCI on Derivative— — 665 Amount of Income Recognized in Earnings (2) (3)— — 170 Currency Forward AgreementsAmount of Gain (Loss) Recognized in AOCI on Derivative15,285 (3,573)8,686 TotalAmount of Gain (Loss) Recognized in AOCI on Derivative$17,689 $(3,924)$12,788 Amount of Income Reclassified from AOCI into Earnings1,705 1,528 372 Amount of Income Recognized in Earnings— — 170 Interest expense, net in accompanying consolidated statements of income and comprehensive income$130,810 $124,858 $131,175 Other income in accompanying consolidated statements of income and comprehensive income $57,071 $45,947 $47,382 (1) Included in “Interest expense, net” in accompanying consolidated statements of income and comprehensive income.  (2) Included in "Other income" in the accompanying consolidated statements of income and comprehensive income.(3) Amounts represent derivative gains excluded from the effectiveness testing. Credit-risk-related Contingent FeaturesThe Company has an agreement with its interest rate derivative counterparty that contains a provision where if the Company defaults on