Company: EPR-PE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001045450-25-000135
Chunk: 100

Company: EPR PROPERTIES
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 100
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 flows from operations as defined by GAAP and are not indicative that cash flows are adequate to fund all cash needs and are not to be considered alternatives to net income or any other GAAP measure as a measurement of the results of our operations or our cash flows or liquidity as defined by GAAP. It should also be noted that not all REITs calculate FFO, FFOAA and AFFO the same way so comparisons with other REITs may not be meaningful.

The following table summarizes our FFO, FFOAA and AFFO including per share amounts for FFO and FFOAA, for the three and nine months ended September 30, 2025 and 2024 and reconciles such measures to net income available to common shareholders, the most directly comparable GAAP measure (unaudited, in thousands, except per share information):

 Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024FFO:Net income available to common shareholders of EPR Properties$60,554 $40,618 $189,928 $136,357 (Gain) loss on sale of real estate and early ground lease termination(8,073)3,419 (34,236)(15,989)Impairment of real estate investments, net— — — 11,812 Real estate depreciation and amortization42,257 42,620 125,128 124,191 Allocated share of joint venture depreciation989 2,581 3,010 7,454 Impairment charges on joint ventures— 12,130 — 12,130 FFO available to common shareholders of EPR Properties$95,727 $101,368 $283,830 $275,955 

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 Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024FFO available to common shareholders of EPR Properties$95,727 $101,368 $283,830 $275,955 Add: Preferred dividends for Series C preferred shares1,938 1,938 5,814 5,814 Add: Preferred dividends for Series E preferred shares1,938 1,938 5,814 5,814 Diluted FFO available to common shareholders of EPR Properties$99,603 $105,244 $295,458 $287,583 FFOAA: