Company: EPR-PE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001045450-25-000135
Chunk: 19

Company: EPR PROPERTIES
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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Item 1. Financial Statements 

EPR PROPERTIES

Consolidated Balance Sheets

(Dollars in thousands except share data)

 September 30, 2025December 31, 2024(unaudited)AssetsReal estate investments, net of accumulated depreciation of $1,671,309 and $1,562,645 at September 30, 2025 and December 31, 2024, respectively$4,380,628 $4,435,358 Land held for development20,168 20,168 Property under development67,381 112,263 Operating lease right-of-use assets168,730 173,364 Mortgage notes and related accrued interest receivable, net of allowance for credit losses of $16,810 and $17,111 at September 30, 2025 and December 31, 2024, respectively696,438 665,796 Investment in joint ventures14,046 14,019 Cash and cash equivalents13,710 22,062 Restricted cash15,982 13,637 Accounts receivable92,291 84,589 Other assets74,523 75,251 Total assets$5,543,897 $5,616,507 Liabilities and EquityLiabilities:Accounts payable and accrued liabilities$113,475 $107,976 Operating lease liabilities203,269 212,400 Common dividends payable22,461 25,831 Preferred dividends payable6,032 6,032 Unearned rents and interest101,491 80,565 Debt2,768,387 2,860,458 Total liabilities3,215,115 3,293,262 Equity:Common Shares, $0.01 par value; 125,000,000 shares authorized at September 30, 2025 and December 31, 2024; and 84,233,035 and 83,619,740 shares issued at September 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 September 30, 2025 and December 31, 2024, respectively; liquidation preference of $134,815,40054 54 3,445,980 Series E convertible