Company: EPR-PE
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001045450-25-000051
Chunk: 107

Company: EPR PROPERTIES
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 107
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 accumulated depreciation), land held for development, property under development, mortgage notes receivable and related accrued interest receivable, net, investment in joint ventures, intangible assets, gross (before accumulated amortization and included in other assets) and notes receivable and related accrued interest receivable, net (included in other assets). Total investments is a useful measure for management and investors as it illustrates across which asset categories the Company's funds have been invested. Our method of calculating total investments may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. A reconciliation of total assets (computed in accordance with GAAP) to total investments is included in the following table (unaudited, in thousands):    

December 31, 2024December 31, 2023Total assets$5,616,507 $5,700,885 Operating lease right-of-use assets(173,364)(186,628)Cash and cash equivalents(22,062)(78,079)Restricted cash(13,637)(2,902)Accounts receivable(84,589)(63,655)Add: accumulated depreciation on real estate investments1,562,645 1,435,683 Add: accumulated amortization on intangible assets (1)31,876 30,589 Prepaid expenses and other current assets (1)(39,464)(22,718)Total investments$6,877,912 $6,813,175 Total Investments:Real estate investments, net of accumulated depreciation$4,435,358 $4,537,359 Add back accumulated depreciation on real estate investments1,562,645 1,435,683 Land held for development20,168 20,168 Property under development112,263 131,265 Mortgage notes and related accrued interest receivable665,796 569,768 Investment in joint ventures14,019 49,754 Intangible assets, gross (1)64,317 65,299 Notes receivable and related accrued interest receivable, net (1)3,346 3,879 Total investments$6,877,912 $6,813,175 (1) Included in "Other assets" in the accompanying consolidated balance sheets. Other assets include the following:December 31, 2024December 31, 2023Intangible assets, gross$64,317 $65,299 Less