Company: EPR-PE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001045450-25-000120
Chunk: 41

Company: EPR PROPERTIES
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 rate by an interest rate swap agreement. See Note 8 for additional information related to the Company's interest rate swap agreement. At June 30, 2025, the Company had a carrying value of $2.38 billion in fixed-rate long-term debt outstanding with a weighted average interest rate of approximately 4.32%. Discounting the future cash flows for fixed-rate debt using June 30, 2025 market rates of 4.87% to 5.41%, management estimates the fair value of the fixed rate debt to be approximately $2.30 billion with an estimated weighted average market rate of 5.13% at June 30, 2025.At December 31, 2024, the Company had a carrying value of $2.68 billion in fixed-rate long-term debt outstanding with a weighted average interest rate of approximately 4.34%. Discounting the future cash flows for fixed-rate debt using December 31, 2024 market rates of 5.22% to 5.83%, management estimates the fair value of the fixed rate debt to be approximately $2.57 billion with an estimated weighted average market rate of 5.53% at December 31, 2024.

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10. Earnings Per Share

The following table summarizes the Company’s computation of basic and diluted earnings per share (EPS) for the three and six months ended June 30, 2025 and 2024 (amounts in thousands except per share information): Three Months Ended June 30, 2025Six Months Ended June 30, 2025 Income(numerator)Shares(denominator)Per ShareAmountIncome(numerator)Shares(denominator)Per ShareAmountBasic EPS:Net income$75,643 $141,446 Less: preferred dividend requirements(6,040)(12,072)Net income available to common shareholders$69,603 76,083 $0.91 $129,374 75,944 $1.70 Diluted EPS:Net income available to common shareholders$69,603 76,083 $129,374 75,944 Effect of dilutive securities:Share options and performance share units— 488 — 460 Net income available to common shareholders$69,603 76,571 $0.91 $129,374 76,404 $1.69  Three Months Ended June 30, 2024Six Months