Company: EPR-PE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001045450-25-000120
Chunk: 55

Company: EPR PROPERTIES
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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 Eat & Play25,816 15,712 756 — 9,348 — Attractions45,826 — 164 33,437 12,225 — Ski1,649 — — — 1,649 — Experiential Lodging7,236 — — — — 7,236 Fitness & Wellness50,041 21,631 26,586 — 1,824 — Cultural1,721 — 1,721 — — — Total Experiential132,659 37,343 29,597 33,437 25,046 7,236 Education:Total Education— — — — — — Total Investment Spending$132,659 $37,343 $29,597 $33,437 $25,046 $7,236 

The above amounts include $2.4 million and $1.4 million in capitalized interest for the six months ended June 30, 2025 and 2024, respectively, and $175 thousand and $88 thousand in capitalized other general and administrative direct project costs for the six months ended June 30, 2025 and 2024, respectively. Excluded from the table above is approximately $3.1 million and $2.9 million of maintenance capital expenditures for the six months ended June 30, 2025 and 2024, respectively.

Dispositions

During the six months ended June 30, 2025, we completed the sales of two vacant theatre properties, two operating theatre properties, two leased theatre properties, one vacant early childhood education center and 10 leased early childhood education centers for net proceeds totaling $106.4 million. In connection with these sales, we recognized a net gain on sale totaling $26.2 million.

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During the six months ended June 30, 2025, we received $8.1 million in proceeds representing prepayment in full on two mortgage note receivables that were secured by two early childhood education center properties.

Subsequent to June 30, 2025, we sold an additional vacant theatre property for net proceeds of approximately $16.0 million and we expect to recognize a gain on this sale of approximately $3.0 million during the three months ending September 30, 2025. 

Chief Investment Officer Transition