Company: EPR-PE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001045450-25-000135
Chunk: 88

Company: EPR PROPERTIES
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 88
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 and estimates is included in our 2024 Annual Report. For the nine months ended September 30, 2025, there were no changes to critical accounting policies.

29

Recent Developments

Investment Spending 

Our investment spending during the nine months ended September 30, 2025 and 2024 totaled $140.8 million and $214.6 million, respectively, and is detailed below (in thousands):

Nine Months Ended September 30, 2025Operating SegmentTotal Investment SpendingNew DevelopmentRe-developmentAsset Acquisition Mortgage Notes or Notes ReceivableInvestment in Joint VenturesExperiential:Eat & Play$59,875 $57,130 $2,471 $— $274 $— Attractions14,281 — — 14,281 — — Ski1,880 — — — 1,880 — Experiential Lodging3,355 — 14 — — 3,341 Fitness & Wellness61,400 — 13,965 1,242 46,193 — Total Experiential140,791 57,130 16,450 15,523 48,347 3,341 Education:Total Education— — — — — — Total Investment Spending$140,791 $57,130 $16,450 $15,523 $48,347 $3,341 

Nine Months Ended September 30, 2024Operating SegmentTotal Investment SpendingNew DevelopmentRe-developmentAsset Acquisition Mortgage Notes or Notes ReceivableInvestment in Joint VenturesExperiential:Theatres$370 $— $370 $— $— $— Eat & Play31,944 20,963 797 — 10,184 — Attractions55,798 — 164 33,437 22,197 — Ski1,729 — — — 1,729 — Experiential Lodging7,757 — — — — 7,757 Fitness & Wellness115,171 21,756 37,944 — 55,471 — Cultural1,860 — 1,860 — — — Total Experiential214,629 42,719 41,135