Company: EPR-PE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001045450-25-000120
Chunk: 17

Company: EPR PROPERTIES
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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Item 1. Financial Statements 

EPR PROPERTIES

Consolidated Balance Sheets

(Dollars in thousands except share data)

 June 30, 2025December 31, 2024(unaudited)AssetsReal estate investments, net of accumulated depreciation of $1,641,916 and $1,562,645 at June 30, 2025 and December 31, 2024, respectively$4,402,379 $4,435,358 Land held for development20,168 20,168 Property under development84,195 112,263 Operating lease right-of-use assets177,919 173,364 Mortgage notes and related accrued interest receivable, net of allowance for credit losses of $7,149 and $17,111 at June 30, 2025 and December 31, 2024, respectively666,154 665,796 Investment in joint ventures9,680 14,019 Cash and cash equivalents12,955 22,062 Restricted cash15,765 13,637 Accounts receivable94,514 84,589 Other assets77,151 75,251 Total assets$5,560,880 $5,616,507 Liabilities and EquityLiabilities:Accounts payable and accrued liabilities$101,543 $107,976 Operating lease liabilities216,411 212,400 Common dividends payable22,454 25,831 Preferred dividends payable6,032 6,032 Unearned rents and interest90,379 80,565 Debt2,792,970 2,860,458 Total liabilities3,229,789 3,293,262 Equity:Common Shares, $0.01 par value; 125,000,000 shares authorized at June 30, 2025 and December 31, 2024; and 84,209,167 and 83,619,740 shares issued at June 30, 2025 and December 31, 2024, respectively842 836 Preferred Shares, $0.01 par value; 25,000,000 shares authorized:5,392,616 and 5,392,716 Series C convertible shares issued at June 30, 2025 and December 31, 2024, respectively; liquidation preference of $134,815,40054 54 3,445,980 Series E convertible