XML 24 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Rental revenue $ 102,282 $ 85,706 $ 292,115 $ 240,306
Tenant reimbursements 3,821 3,718 11,577 11,986
Other income 2,476 718 5,812 2,416
Mortgage and other financing income 17,031 18,193 52,907 54,321
Total revenue 125,610 108,335 362,411 309,029
Property operating expense 5,626 5,496 16,687 17,623
Other expense 0 221 5 533
General and administrative expense 9,091 7,482 27,309 22,920
Retirement severance expense 0 0 0 18,578
Costs associated with loan refinancing or payoff 14 18 905 261
Interest expense, net 24,265 20,529 70,310 59,123
Transaction costs 2,947 783 4,881 6,818
Depreciation and amortization 27,601 23,498 79,222 64,702
Income before equity in income from joint ventures and other items 56,066 50,308 163,092 118,471
Equity in income from joint ventures 203 339 501 701
Gain on sale of real estate 1,615 (95) 3,885 23,829
Income before income taxes 57,884 50,552 167,478 143,001
Income tax expense (358) (498) (637) (1,418)
Income from continuing operations 57,526 50,054 166,841 141,583
Discontinued operations:        
Income from discontinued operations 0 141 0 199
Net income attributable to EPR Properties 57,526 50,195 166,841 141,782
Preferred dividend requirements (5,951) (5,951) (17,855) (17,855)
Net income available to common shareholders of EPR Properties $ 51,575 $ 44,244 $ 148,986 $ 123,927
Basic earnings per share data:        
Income from continuing operations (in dollars per share) $ 0.81 $ 0.76 $ 2.35 $ 2.15
Income from discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Net income available to common shareholders (in dollars per share) 0.81 0.76 2.35 2.15
Diluted earnings per share data:        
Income from continuing operations (in dollars per share) 0.81 0.76 2.35 2.15
Income from discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Net income available to common shareholders (in dollars per share) $ 0.81 $ 0.76 $ 2.35 $ 2.15
Shares used for computation (in thousands):        
Basic (in shares) 63,627 58,083 63,296 57,468
Diluted (in shares) 63,747 58,278 63,393 57,699