Company: EPR-PE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001045450-25-000120
Chunk: 53

Company: EPR PROPERTIES
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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 share (a non-GAAP financial measure) are detailed below for the three and six months ended June 30, 2025 and 2024 (in millions, except per share information):

Three Months Ended June 30,Six Months Ended June 30,20252024% Change20252024% ChangeTotal revenue$178.1 $173.1 2.9 %$353.1 $340.3 3.8 %Net income available to common shareholders per diluted share$0.91 $0.51 78.4 %$1.69 $1.26 34.1 %FFOAA per diluted share$1.26 $1.22 3.3 %$2.45 $2.34 4.7 %

The major factors impacting our results for the three and six months ended June 30, 2025, as compared to the three and six months ended June 30, 2024 were as follows:

•The effect of investments and dispositions that occurred in 2025 and 2024;

•The recognition of lower other income and other expense primarily related to operating properties for the three and six months ended June 30, 2025 versus the three and six months ended June 30, 2024;

•The recognition of retirement and severance expense for the six months ended June 30, 2024 versus no such expense recognized for the six months ended June 30, 2025;

•The decrease in provision for credit losses, net for the six months ended June 30, 2025 versus the six months ended June 30, 2024;

•The recognition of impairment charges for the three and six months ended June 30, 2024 versus no such expense recognized for the three and six months ended June 30, 2025; and

•The recognition of higher gain on sale of real estate for the three and six months ended June 30, 2025 versus the three and six months ended June 30, 2024.

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For further detail on items impacting our operating results, see section below titled "Results of Operations." FFOAA is a non-GAAP financial measure. For the definitions and further details on the calculations of FFOAA and certain other non-GAAP financial measures, see the section below titled "Non-GAAP Financial Measures."

Critical Accounting Policies and Estimates

The preparation of financial statements in conformity with accounting principles