Company: EPR-PE
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001045450-25-000051
Chunk: 176

Company: EPR PROPERTIES
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 176
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 2024, 2023 and 2022. The intrinsic value of stock options exercised was $62 thousand during the year ended December 31, 2022. No options were exercised during the years ended December 31, 2024 and 2023. 

99

EPR PROPERTIES Notes to Consolidated Financial StatementsDecember 31, 2024, 2023 and 2022

Expense recognized related to share options and included in "General and administrative expense" in the accompanying consolidated statements of income and comprehensive income was $9 thousand, $12 thousand and $14 thousand for the years ended December 31, 2024, 2023 and 2022, respectively.

The following table summarizes outstanding and exercisable options at December 31, 2024:Options outstandingOptions exercisableExercise price rangeOptionsoutstandingWeighted avg. life remainingWeighted avg. exercise priceAggregate intrinsic value (in thousands)Options exercisableWeighted avg. life remainingWeighted avg. exercise priceAggregate intrinsic value (in thousands)44.44 - 49.991,838 6.11,380 6.150.00 - 59.993,835 3.13,835 3.160.00 - 69.9947,610 1.647,610 1.670.00 - 76.634,156 3.04,156 3.057,439 2.0$62.26 $— 56,981 2.0$62.41 $— 

16. Operating Leases

The Company’s real estate investments are leased under operating leases with remaining terms ranging from one year to 25 years.The following table summarizes the future minimum rentals on the Company's lessor and sublessor arrangements at December 31, 2024 (in thousands):December 31, 2024Operating leasesSub-lessor operating ground leases Amount (1)Amount (1)TotalYear:2025$503,782 $26,324 $530,106 2026508,235 24,829 533,064 2027494,307 24,303 518,610 2028486,042 23,489 509,531 2029481,912 21,930 503,842 Thereafter3,010,617 176,095 3,186,712 Total $5,484,895