Company: EPR-PE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001045450-25-000135
Chunk: 28

Company: EPR PROPERTIES
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 11,812 Impairment charges on joint ventures— 12,130 Gain on sale of real estate and early ground lease termination(34,236)(15,989)Deferred income tax benefit(676)(1,254)Costs associated with loan refinancing or payoff— 337 Equity in loss from joint ventures1,394 5,384 Distributions from joint ventures11 — Provision (benefit) for credit losses, net9,462 2,371 Depreciation and amortization125,578 124,738 Amortization of deferred financing costs6,428 6,657 Amortization of above/below market leases and tenant allowances, net(243)(252)Share-based compensation expense to management and Trustees11,686 10,494 Share-based compensation expense included in retirement and severance expense847 1,598 Change in assets and liabilities:Operating lease assets and liabilities(1,048)(975)Mortgage notes accrued interest receivable(2,245)(2,720)Accounts receivable(10,272)(16,129)Other assets(3,559)(7,176)Accounts payable and accrued liabilities9,528 12,031 Unearned rents and interest2,486 2,681 Net cash provided by operating activities323,173 300,199 Investing activities:Acquisition of and investments in real estate and other assets(23,914)(42,388)Proceeds from sale of real estate125,697 65,149 Investment in unconsolidated joint ventures(1,432)(186)Investment in mortgage notes receivable(48,073)(88,577)Proceeds from mortgage notes receivable paydowns9,633 457 Proceeds from note receivable paydowns1,259 1,289 Additions to properties under development(69,676)(81,386)Net cash used by investing activities(6,506)(145,642)Financing activities:Proceeds from long-term debt facilities484,000 214,000 Principal payments on debt(580,000)(181,638)Deferred financing fees paid(446)— Costs associated with loan refinancing or payoff (cash portion)— (9,534)Net proceeds from issuance of common shares709 589 Impact of stock option exercises, net(1)— Purchase of common shares for treasury for vesting(9,833