EPR Properties Schedule III - Real Estate and Accumulated Depreciation December 31, 2015 (Dollars in thousands)

				Initial cost				Additions (Dispositions) (Impairments) Subsequent to acquisition			Gross Amount at December 31, 2015
Description	Location	Debt		Land		Buildings, Equipment & improvements					Land		Buildings, Equipment & Improvements		Total		Accumulated depreciation			Date acquired	Depreciation life
Dallas Retail	Dallas, TX	$	—	$	3,060	$	15,281	$	18,862		$	3,060	$	34,143	$	37,203	$	(13,006	)	11/97	40 years
Oakview 24	Omaha, NE	—		5,215		16,700		59			5,215		16,759		21,974		(7,541		)	11/97	40 years
First Colony 24	Sugar Land, TX	15,052		—		19,100		67			—		19,167		19,167		(8,625		)	11/97	40 years
Huebner Oaks 14	San Antonio, TX	—		3,006		13,662		5,540			3,006		19,200		22,206		(6,389		)	11/97	40 years
Lennox Town Center 24	Columbus, OH	—		—		12,685		—			—		12,685		12,685		(5,550		)	11/97	40 years
Mission Valley 20	San Diego, CA	—		—		16,028		—			—		16,028		16,028		(7,012		)	11/97	40 years
Ontario Mills 30	Ontario, CA	—		5,521		19,449		—			5,521		19,449		24,970		(8,509		)	11/97	40 years
Studio 30	Houston, TX	—		6,023		20,037		—			6,023		20,037		26,060		(8,766		)	11/97	40 years
West Olive 16	Creve Coeur, MO	—		4,985		12,601		4,075			4,985		16,676		21,661		(5,921		)	11/97	40 years
Leawood Town Center 20	Leawood, KS	12,571		3,714		12,086		4,110			3,714		16,196		19,910		(5,576		)	11/97	40 years
Gulf Pointe 30	Houston, TX	—		4,304		21,496		76			4,304		21,572		25,876		(9,662		)	02/98	40 years
South Barrington 30	South Barrington, IL	—		6,577		27,723		98			6,577		27,821		34,398		(12,404		)	03/98	40 years
Mesquite 30	Mesquite, TX	—		2,912		20,288		4,885			2,912		25,173		28,085		(9,279		)	04/98	40 years
Hampton Town Center 24	Hampton, VA	—		3,822		24,678		88			3,822		24,766		28,588		(10,835		)	06/98	40 years
Broward 18	Pompano Beach, FL	—		6,771		9,899		3,845			6,771		13,744		20,515		(6,284		)	08/98	40 years
Raleigh Grande 16	Raleigh, NC	—		2,919		5,559		951			2,919		6,510		9,429		(2,534		)	08/98	40 years
Paradise 24 and XD	Davie, FL	—		2,000		13,000		8,512			2,000		21,512		23,512		(9,053		)	11/98	40 years
Aliso Viejo Stadium 20	Aliso Viejo, CA	—		8,000		14,000		—			8,000		14,000		22,000		(5,950		)	12/98	40 years
Boise Stadium 22	Boise, ID	—		—		16,003		—			—		16,003		16,003		(6,801		)	12/98	40 years
Mesquite Retail Center	Mesquite, TX	—		3,119		990		—			3,119		990		4,109		(318		)	01/99	40 years
Westminster Promenade	Westminster, CO	—		6,205		12,600		9,509			6,205		22,109		28,314		(15,043		)	12/01	40 years
Westminster Promenade 24	Westminster, CO	4,813		5,850		17,314		—			5,850		17,314		23,164		(6,096		)	06/99	40 years
Woodridge 18	Woodridge, IL	—		9,926		8,968		—			9,926		8,968		18,894		(3,699		)	06/99	40 years
Cary Crossroads Stadium 20	Cary, NC	—		3,352		11,653		155			3,352		11,808		15,160		(4,723		)	12/99	40 years
Starlight 20	Tampa, FL	—		6,000		12,809		1,452			6,000		14,261		20,261		(5,966		)	06/99	40 years
Palm Promenade 24	San Diego, CA	—		7,500		17,750		—			7,500		17,750		25,250		(7,063		)	02/00	40 years
Gulf Pointe Retail Center	Houston, TX	—		3,653		1,365		686			3,408		2,296		5,704		(2,296		)	05/00	40 years
Clearview Palace 12	Metairie, LA	—		—		11,740		—			—		11,740		11,740		(4,060		)	03/02	40 years
Elmwood Palace 20	Harahan, LA	—		5,264		14,820		—			5,264		14,820		20,084		(5,125		)	03/02	40 years
Hammond Palace 10	Hammond, LA	—		2,404		6,780		(565		)	1,839		6,780		8,619		(2,345		)	03/02	40 years
Houma Palace 10	Houma, LA	—		2,404		6,780		—			2,404		6,780		9,184		(2,345		)	03/02	40 years
Westbank Palace 16	Harvey, LA	—		4,378		12,330		(112		)	4,266		12,330		16,596		(4,264		)	03/02	40 years
Cherrydale	Greenville, SC	—		1,660		7,570		206			1,660		7,776		9,436		(2,605		)	06/02	40 years
Forum 30	Sterling Heights, MI	—		5,975		17,956		3,400			5,975		21,356		27,331		(8,669		)	06/02	40 years
Olathe Studio 30	Olathe, KS	—		4,000		15,935		3,014			4,000		18,949		22,949		(6,061		)	06/02	40 years
Livonia 20	Livonia, MI	—		4,500		17,525		—			4,500		17,525		22,025		(5,878		)	08/02	40 years
Hoffman Center 22	Alexandria, VA	—		—		22,035		—			—		22,035		22,035		(7,299		)	10/02	40 years
Colonel Glenn 18	Little Rock, AR	—		3,858		7,990		—			3,858		7,990		11,848		(2,613		)	12/02	40 years
AmStar 16-Macon	Macon, GA	5,260		1,982		5,056		—			1,982		5,056		7,038		(1,612		)	03/03	40 years
Star Southfield Center	Southfield, MI	—		8,000		20,518		6,230			8,000		26,748		34,748		(13,925		)	05/03	15 years
Subtotals carried over to next page		$	37,696	$	158,859	$	560,759	$	75,143		$	157,937	$	636,822	$	794,759	$	(261,702	)

EPR Properties Schedule III - Real Estate and Accumulated Depreciation December 31, 2015 (Dollars in thousands)

				Initial cost				Additions (Dispositions) (Impairments) Subsequent to acquisition			Gross Amount at December 31, 2015
Description	Location	Debt		Land		Buildings, Equipment & improvements					Land		Buildings, Equipment & Improvements		Total		Accumulated depreciation			Date acquired	Depreciation life
Subtotal from previous page	n/a	$	37,696	$	158,859	$	560,759	$	75,143		$	157,937	$	636,822	$	794,759	$	(261,702	)	n/a	n/a
South Wind 12	Lawrence, KS	3,908		1,500		3,526		—			1,500		3,526		5,026		(1,109		)	06/03	40 years
New Roc City	New Rochelle, NY	—		6,100		97,696		1,359			6,100		99,055		105,155		(32,660		)	10/03	40 years
Columbiana Grande Stadium 14	Columbia, SC	6,682		1,000		10,534		(2,447		)	1,000		8,087		9,087		(2,514		)	11/03	40 years
Harbour View Marketplace	Suffolk, VA	—		3,382		9,971		6,858			4,471		15,740		20,211		(3,359		)	11/03	40 years
Cobb Grand 18	Hialeah, FL	—		7,985		—		—			7,985		—		7,985		—			12/03	n/a
Deer Valley 30	Phoenix, AZ	—		4,276		15,934		—			4,276		15,934		20,210		(4,681		)	03/04	40 years
Hamilton 24	Hamilton, NJ	—		4,869		18,143		—			4,869		18,143		23,012		(5,329		)	03/04	40 years
Kanata Entertainment Centrum	Kanata, ON	—		9,104		33,203		26,054			9,104		59,257		68,361		(16,481		)	03/04	40 years
Mesa Grand 14	Mesa, AZ	12,776		4,446		16,565		—			4,446		16,565		21,011		(4,866		)	03/04	40 years
Mississauga Entertainment Centrum	Mississagua, ON	—		8,358		15,947		14,946			10,992		28,259		39,251		(7,429		)	03/04	40 years
Oakville Entertainment Centrum	Oakville, ON	—		9,104		21,434		3,944			9,104		25,378		34,482		(7,614		)	03/04	40 years
Whitby Entertainment Centrum	Whitby, ON	—		9,248		19,905		21,094			11,878		38,369		50,247		(11,111		)	03/04	40 years
Cantera Retail Shops	Warrenville, IL	—		3,919		900		(1,936		)	1,983		900		2,883		(675		)	07/04	15 years
Grand Prairie 18	Peoria, IL	—		2,948		11,177		—			2,948		11,177		14,125		(3,190		)	07/04	40 years
The Grand 16-Layafette	Lafayette, LA	7,402		—		10,318		—			—		10,318		10,318		(2,961		)	07/04	40 years
North East Mall 18	Hurst, TX	11,978		5,000		11,729		1,015			5,000		12,744		17,744		(3,542		)	11/04	40 years
Avenue 16	Melbourne, FL	—		3,817		8,830		320			3,817		9,150		12,967		(2,516		)	12/04	40 years
The Grand 18-D'lberville	D'Iberville, MS	9,381		2,001		8,043		1,636			1,205		10,475		11,680		(2,781		)	12/04	40 years
Mayfaire Stadium 16	Wilmington, NC	6,306		1,650		7,047		—			1,650		7,047		8,697		(1,923		)	02/05	40 years
Burbank Village	Burbank, CA	—		16,584		35,016		7,097			16,584		42,113		58,697		(10,563		)	03/05	40 years
East Ridge 18	Chattanooga, TN	10,360		2,799		11,467		—			2,799		11,467		14,266		(3,106		)	03/05	40 years
The Grand 14-Conroe	Conroe, TX	—		1,836		8,230		—			1,836		8,230		10,066		(2,159		)	06/05	40 years
Washington Square 12	Indianapolis, IN	4,173		1,481		4,565		—			1,481		4,565		6,046		(1,198		)	06/05	40 years
The Grand 18-Hattiesburg	Hattiesurg, MS	8,470		1,978		7,733		2,432			1,978		10,165		12,143		(2,529		)	09/05	40 years
Mad River Mountain	Bellfontaine, OH	—		5,108		5,994		162			5,251		6,013		11,264		(2,700		)	11/05	40 years
Arroyo Grand Staduim 10	Arroyo Grande, CA	4,076		2,641		3,810		—			2,641		3,810		6,451		(961		)	12/05	40 years
Auburn Stadium 10	Auburn, CA	5,288		2,178		6,185		—			2,178		6,185		8,363		(1,559		)	12/05	40 years
Manchester Stadium 16	Fresno, CA	9,667		7,600		11,613		—			7,600		11,613		19,213		(3,299		)	12/05	40 years
Modesto Stadium 10	Modesto, CA	3,959		2,542		3,910		—			2,542		3,910		6,452		(986		)	12/05	40 years
Columbia 14	Columbia, MD	—		—		12,204		—			—		12,204		12,204		(2,975		)	03/06	40 years
Firewheel 18	Garland, TX	13,171		8,028		14,825		—			8,028		14,825		22,853		(3,614		)	03/06	40 years
White Oak Stadium 14	Garner, NC	—		1,305		6,899		—			1,305		6,899		8,204		(1,667		)	04/06	40 years
The Grand 18 - Winston Salem	Winston Salem, NC	—		—		12,153		1,925			—		14,078		14,078		(3,343		)	07/06	40 years
Valley Bend 18	Huntsville, AL	—		3,508		14,802		—			3,508		14,802		18,310		(3,454		)	08/06	40 years
Cityplace 14	Kalamazoo, MI	—		5,125		12,216		2,308			5,125		14,524		19,649		(5,609		)	11/06	40 years
Pensacola Bayou 15	Pensacola, FL	—		5,316		15,099		—			5,316		15,099		20,415		(3,397		)	12/06	40 years
The Grand 16-Slidell	Slidell, LA	10,635		—		11,499		—			—		11,499		11,499		(2,587		)	12/06	40 years
The Grand 16 - Pier Park	Panama City Beach, FL	—		6,486		11,156		—			6,486		11,156		17,642		(2,394		)	05/07	40 years
Austell Promenade	Austell, GA	—		1,596		—		—			1,596		—		1,596		—			07/07	n/a
Stadium 14 Cinema	Kalispell, MT	—		2,505		7,323		—			2,505		7,323		9,828		(1,526		)	08/07	40 years
Subtotals carried over to next page		$	165,928	$	326,182	$	1,098,360	$	161,910		$	329,024	$	1,257,426	$	1,586,450	$	(436,069	)

EPR Properties Schedule III - Real Estate and Accumulated Depreciation December 31, 2015 (Dollars in thousands)

				Initial cost				Additions (Dispositions) (Impairments) Subsequent to acquisition			Gross Amount at December 31, 2015
Description	Location	Debt		Land		Buildings, Equipment & improvements					Land		Buildings, Equipment & Improvements		Total		Accumulated depreciation			Date acquired	Depreciation life
Subtotal from previous page	n/a	$	165,928	$	326,182	$	1,098,360	$	161,910		$	329,024	$	1,257,426	$	1,586,450	$	(436,069	)	n/a	n/a
Harvard Avenue Charter School	Cleveland, OH	—		640		5,613		—			640		5,613		6,253		(94		)	10/04	30 years
The Grand 18 - Four Seasons Stations	Greensboro, NC	—		—		12,606		914			—		13,520		13,520		(2,671		)	11/07	40 years
Glendora 12	Glendora, CA	—		—		10,588		—			—		10,588		10,588		(1,897		)	10/08	40 years
Harbour View Station	Suffolk, VA	—		3,256		9,206		5,152			3,298		14,316		17,614		(3,390		)	06/09	40 years
Ann Arbor 20	Ypsilanti, MI	—		4,716		227		—			4,716		227		4,943		(34		)	12/09	40 years
Buckland Hills 18	Manchester, CT	—		3,628		11,474		—			3,628		11,474		15,102		(1,721		)	12/09	40 years
Centreville 12	Centreville, VA	—		3,628		1,769		—			3,628		1,769		5,397		(265		)	12/09	40 years
Davenport 18	Davenport, IA	—		3,599		6,068		(35		)	3,564		6,068		9,632		(910		)	12/09	40 years
Fairfax Corner 14	Fairfax, VA	—		2,630		11,791		—			2,630		11,791		14,421		(1,769		)	12/09	40 years
Flint West 14	Flint, MI	—		1,270		1,723		—			1,270		1,723		2,993		(258		)	12/09	40 years
Hazlet 12	Hazlet, NJ	—		3,719		4,716		—			3,719		4,716		8,435		(707		)	12/09	40 years
Huber Heights 16	Huber Heights, OH	—		970		3,891		—			970		3,891		4,861		(584		)	12/09	40 years
North Haven 12	North Haven, CT	—		5,442		1,061		2,000			5,442		3,061		8,503		(1,078		)	12/09	40 years
Preston Crossing 16	Okolona, KY	—		5,379		3,311		—			5,379		3,311		8,690		(497		)	12/09	40 years
Ritz Center 16	Voorhees, NJ	—		1,723		9,614		—			1,723		9,614		11,337		(1,442		)	12/09	40 years
Stonybrook 20	Louisville, KY	—		4,979		6,567		—			4,979		6,567		11,546		(985		)	12/09	40 years
The Greene 14	Beaver Creek, OH	—		1,578		6,630		—			1,578		6,630		8,208		(995		)	12/09	40 years
West Springfield 15	West Springfield, MA	—		2,540		3,755		—			2,540		3,755		6,295		(563		)	12/09	40 years
Western Hills 14	Cincinnati, OH	—		1,361		1,741		—			635		2,467		3,102		(261		)	12/09	40 years
Hollywood Movies 20	Pasadena, TX	—		2,951		10,684		—			2,951		10,684		13,635		(1,469		)	06/10	40 years
Movies 10	Plano, TX	—		1,052		1,968		—			1,052		1,968		3,020		(271		)	06/10	40 years
Movies 14	McKinney, TX	—		1,917		3,319		—			1,917		3,319		5,236		(456		)	06/10	40 years
Movies 14-Mishawaka	Mishawaka, IN	—		2,399		5,454		—			2,399		5,454		7,853		(750		)	06/10	40 years
Movies 16	Grand Prarie, TX	—		1,873		3,245		2,104			1,873		5,349		7,222		(481		)	06/10	40 years
Redding 14	Redding, CA	—		2,044		4,500		—			2,044		4,500		6,544		(619		)	06/10	40 years
Tinseltown	Pueblo, CO	—		2,238		5,162		—			2,238		5,162		7,400		(710		)	06/10	40 years
Tinseltown 15	Beaumont, TX	—		1,065		11,669		—			1,065		11,669		12,734		(1,604		)	06/10	40 years
Tinseltown 20	Pflugerville, TX	—		4,356		11,533		—			4,356		11,533		15,889		(1,586		)	06/10	40 years
Tinseltown 290	Houston, TX	—		4,109		9,739		—			4,109		9,739		13,848		(1,339		)	06/10	40 years
Tinseltown USA 20	El Paso, TX	—		4,598		13,207		—			4,598		13,207		17,805		(1,816		)	06/10	40 years
Tinseltown USA and XD	Colorado Springs, CO	—		4,134		11,220		(1,196		)	2,938		11,220		14,158		(1,543		)	06/10	40 years
Beach Movie Bistro	Virginia Beach, VA	—		—		1,736		—			—		1,736		1,736		(796		)	12/10	40 years
Cinemagic & IMAX in Hooksett	Hooksett, NH	—		2,639		11,605		—			2,639		11,605		14,244		(1,402		)	03/11	40 years
Cinemagic & IMAX in Saco	Saco, ME	—		1,508		3,826		—			1,508		3,826		5,334		(462		)	03/11	40 years
Cinemagic in Merrimack	Merrimack, NH	3,455		3,160		5,642		—			3,160		5,642		8,802		(682		)	03/11	40 years
Cinemagic in Westbrook	Westbrook, ME	—		2,273		7,119		—			2,273		7,119		9,392		(860		)	03/11	40 years
Mentorship Academy	Baton Rouge, LA	—		996		5,638		—			996		5,638		6,634		(644		)	03/11	40 years
Ben Franklin Academy	Highlands Ranch, CO	—		—		10,157		(134		)	—		10,023		10,023		(1,020		)	04/11	40 years
Bradley Academy of Excellence	Goodyear, AZ	—		766		6,517		—			766		6,517		7,283		(708		)	04/11	30 years
Subtotals carried over to next page		$	169,383	$	421,318	$	1,354,651	$	170,715		$	422,245	$	1,524,437	$	1,946,682	$	(475,408	)

EPR Properties Schedule III - Real Estate and Accumulated Depreciation December 31, 2015 (Dollars in thousands)

				Initial cost				Additions (Dispositions) (Impairments) Subsequent to acquisition			Gross Amount at December 31, 2015
Description	Location	Debt		Land		Buildings, Equipment & improvements					Land		Buildings, Equipment & Improvements		Total		Accumulated depreciation			Date acquired	Depreciation life
Subtotal from previous page	n/a	$	169,383	$	421,318	$	1,354,651	$	170,715		$	422,245	$	1,524,437	$	1,946,682	$	(475,408	)	n/a	n/a
American Leadership Academy	Gilbert, AZ	—		2,580		6,418		2,509			2,580		8,927		11,507		(784		)	06/11	40 years
Champions School	Phoenix, AZ	—		1,253		4,834		—			1,253		4,834		6,087		(514		)	06/11	40 years
Loveland Classical	Loveland, CO	—		1,494		3,857		—			1,494		3,857		5,351		(410		)	06/11	40 years
Pinstripes - Northbrook	Northbrook, IL	—		—		7,025		—			—		7,025		7,025		(776		)	07/11	40 years
Magic Valley Mall Theatre	Twin Falls, ID	—		—		4,783		—			—		4,783		4,783		(428		)	04/11	40 years
Prospect Ridge Academy	Broomfield, CO	—		1,084		9,659		(169		)	1,084		9,490		10,574		(928		)	08/11	40 years
South Phoenix Academy	Phoenix, AZ	—		1,060		8,140		—			1,060		8,140		9,200		(1,057		)	11/11	40 years
Latitude 30	Jacksonville, FL	—		4,510		5,061		983			4,510		6,044		10,554		(746		)	02/12	30 years
Latitude 39	Indianapolis, IN	—		4,298		6,321		2,257			4,377		8,499		12,876		(551		)	02/12	40 years
Topgolf-Allen	Allen, TX	—		—		10,007		1,151			—		11,158		11,158		(1,387		)	02/12	29 years
Topgolf-Dallas	Dallas, TX	—		—		10,007		1,771			—		11,778		11,778		(1,378		)	02/12	30 years
Pinstripes - Oakbrook	Oakbrook, IL	—		—		8,068		—			—		8,068		8,068		(656		)	03/12	40 years
Pacific Hertiage Academy	Salt Lake City, UT	—		897		4,488		(55		)	897		4,433		5,330		(395		)	03/12	40 years
Valley Academy	Hurricane, UT	—		475		4,939		—			475		4,939		5,414		(659		)	03/12	40 years
Look Cinemas-Prestonwood	Dallas, TX	—		—		12,146		750			—		12,896		12,896		(815		)	03/12	40 years
The Odyssey Institute for International and Advanced Studies	Buckeye, AZ	—		914		9,715		6,939			914		16,654		17,568		(1,234		)	04/12	40 years
American Leadership Academy High School	Queen Creek, AZ	—		1,887		14,543		11,117			1,887		25,660		27,547		(1,962		)	05/12	40 years
Regal Winrock	Albuquerque, NM	—		—		13,733		—			—		13,733		13,733		(715		)	06/12	40 years
Sandhills 10	Southern Pines, NC	—		1,709		4,747		—			1,709		4,747		6,456		(415		)	06/12	40 years
North East Carolina Prep Academy	Tarboro, NC	—		350		12,560		3,037			350		15,597		15,947		(1,192		)	07/12	40 years
Top Golf-Houston	Houston, TX	—		—		12,403		394			—		12,797		12,797		(992		)	09/12	40 years
Alamo Draft House-Austin	Austin, TX	—		2,608		6,373		—			2,608		6,373		8,981		(385		)	09/12	40 years
Carmike Champaign	Champaign, IL	—		—		9,381		125			—		9,506		9,506		(495		)	09/12	40 years
WISP Resort	McHenry, MD	—		8,394		15,910		3,207			9,708		17,803		27,511		(3,323		)	12/12	40 years
Topgolf-The Colony	Colony, TX	—		4,004		13,665		(240		)	4,004		13,425		17,429		(671		)	12/12	40 years
Regal Virginia Gateway	Gainesville, VA	—		—		10,846		—			—		10,846		10,846		(565		)	02/13	40 years
Chester Community Charter School	Chester Upland, PA	—		518		5,900		—			518		5,900		6,418		(411		)	03/13	30 years
Lowcountry Leadership Academy	Hollywood, SC	—		806		5,776		1,805			806		7,581		8,387		(373		)	03/13	40 years
Children's Learning Adventure	Lake Pleasant, AZ	—		986		3,524		—			986		3,524		4,510		(324		)	03/13	30 years
Camden Community Charter School	Camden, NJ	—		548		10,569		6,886			548		17,455		18,003		(947		)	04/13	30 years
Rittenhouse Excess Land	Queen Creek, AZ	—		2,612		—		(1,845		)	767		—		767		—			04/13	n/a
McKinley Academy-Chicago	Chicago, IL	—		509		5,895		4,204			509		10,099		10,608		(426		)	05/13	40 years
Learning Foundation & Performing Arts Academy	Gilbert, AZ	—		1,336		6,593		—			1,336		6,593		7,929		(371		)	05/13	40 years
Subtotals carried over to next page		$	169,383	$	466,150	$	1,622,537	$	215,541		$	466,625	$	1,837,601	$	2,304,226	$	(501,693	)

EPR Properties Schedule III - Real Estate and Accumulated Depreciation December 31, 2015 (Dollars in thousands)

				Initial cost				Additions (Dispositions) (Impairments) Subsequent to acquisition			Gross Amount at December 31, 2015
Description	Location	Debt		Land		Buildings, Equipment & improvements					Land		Buildings, Equipment & Improvements		Total		Accumulated depreciation			Date acquired	Depreciation life
Subtotal from previous page	n/a	$	169,383	$	466,150	$	1,622,537	$	215,541		$	466,625	$	1,837,601	$	2,304,226	$	(501,693	)	n/a	n/a
Bella Mente Academy	Vista, CA	—		1,283		3,354		1,168			1,283		4,522		5,805		(226		)	05/13	40 years
Global Village Academy-Colorado Springs	Colorado Springs, CO	—		1,205		6,350		(194		)	1,205		6,156		7,361		(403		)	06/13	40 years
Skyline Chandler	Chandler, AZ	—		1,039		9,590		—			1,039		9,590		10,629		(762		)	07/13	40 years
The Ambassador Theatre	Lafayette, LA	14,360		—		12,728		—			—		12,728		12,728		(716		)	08/13	40 years
New Iberia Theatre	New Iberia, LA	—		—		1,630		—			—		1,630		1,630		(92		)	08/13	40 years
Camelback Mountain Resort	Tannersville, PA	—		34,940		34,629		913			34,940		35,542		70,482		(5,976		)	09/13	40 years
Hollywood 16 Theatre	Tuscaloosa, AL	—		—		11,287		—			1,815		9,472		11,287		(533		)	09/13	40 years
Tampa Veterans 24	Tampa, FL	—		1,700		23,483		8			1,700		23,491		25,191		(1,747		)	10/13	40 years
Cantera Stadium 17	Warrenville, IL	—		14,000		17,318		—			14,000		17,318		31,318		(1,513		)	10/13	40 years
Topgolf-Alpharetta	Alpharetta, GA	—		5,608		16,616		—			5,608		16,616		22,224		(623		)	05/13	40 years
Children's Learning Adventure	Goodyear, AZ	—		1,308		7,275		11			1,308		7,286		8,594		(433		)	06/13	30 years
Topgolf-Scottsdale	Scottsdale, AZ	—		—		16,942		—			—		16,942		16,942		(635		)	06/13	40 years
American Intl School of Utah	Salt Lake City, UT	—		8,173		10,982		1,890			8,173		12,872		21,045		(387		)	07/13	40 years
Topgolf-Spring	Spring, TX	—		4,928		14,522		—			4,928		14,522		19,450		(605		)	07/13	40 years
Children's Learning Adventure	Oklahoma City, OK	—		1,149		9,839		385			1,149		10,224		11,373		(416		)	08/13	40 years
Alamo Draft House-Mission	San Francisco, CA	—		2,077		12,914		—			2,077		12,914		14,991		—			08/13	40 years
Children's Learning Adventure	Coppell, TX	—		1,547		10,168		—			1,547		10,168		11,715		(154		)	09/13	30 years
Children's Learning Adventure	Las Vegas, NV	—		944		9,191		—			944		9,191		10,135		(376		)	09/13	30 years
Children's Learning Adventure	Las Vegas, NV	—		985		6,721		145			985		6,866		7,851		(306		)	09/13	30 years
Cantera FEC	Warrenville, IL	—		—		6,469		2,216			—		8,685		8,685		(400		)	10/13	40 years
Franklin Academy Palm Beach	Palm Beach, FL	—		3,323		15,824		(108		)	3,323		15,716		19,039		(525		)	10/13	30 years
Tiger 13	Opelika, AL	—		1,314		8,951		—			1,314		8,951		10,265		(336		)	11/12	40 years
iLEAD Charter School	Mesa, AZ	—		2,109		6,032		166			2,109		6,198		8,307		(210		)	12/13	30 years
North Carolina Leadership Academy	Kernersville, NC	—		1,362		8,182		(244		)	1,362		7,938		9,300		(380		)	12/13	40 years
Basis Private San Jose	San Jose, CA	—		9,966		25,535		—			9,966		25,535		35,501		(1,068		)	12/13	40 years
Basis Private Brooklyn	Brooklyn, NY	—		—		46,440		—			—		46,440		46,440		(520		)	12/13	40 years
Topgolf-San Antonio	San Antonio, TX	—		—		15,976		—			—		15,976		15,976		(333		)	12/13	40 years
Children's Learning Adventure	Mesa, AZ	—		762		6,987		—			762		6,987		7,749		(564		)	01/14	30 years
Global Village Academy-Fort Collins	Fort Collins, CO	—		618		5,031		5,134			618		10,165		10,783		(288		)	02/14	40 years
Topgolf-Brandon	Tampa, FL	—		—		15,726		(67		)	—		15,659		15,659		(395		)	02/14	40 years
Topgolf-Gilbert	Gilbert, AZ	—		4,735		16,130		(267		)	4,735		15,863		20,598		(397		)	02/14	40 years
British School of Chicago	Chicago, IL	—		3,057		46,784		—			3,057		46,784		49,841		(585		)	02/14	40 years
Wilson Prep Academy	Wilson, NC	—		424		5,342		(71		)	449		5,246		5,695		(175		)	03/14	30 years
Children's Learning Adventure	Gilbert, AZ	—		1,295		9,192		—			1,295		9,192		10,487		(264		)	03/14	30 years
Bedford Theater 7	Bedford, IN	1,472		349		1,594		—			349		1,594		1,943		(76		)	04/14	40 years
Seymour Stadium 8	Seymour, IN	2,513		1,028		2,291		—			1,028		2,291		3,319		(103		)	04/14	40 years
Subtotals carried over to next page		$	187,728	$	577,378	$	2,100,562	$	226,626		$	579,693	$	2,324,871	$	2,904,564	$	(524,215	)

EPR Properties Schedule III - Real Estate and Accumulated Depreciation December 31, 2015 (Dollars in thousands)

				Initial cost				Additions (Dispositions) (Impairments) Subsequent to acquisition		Gross Amount at December 31, 2015
Description	Location	Debt		Land		Buildings, Equipment & improvements				Land		Buildings, Equipment & Improvements		Total		Accumulated depreciation			Date acquired	Depreciation life
Subtotal from previous page	n/a	$	187,728	$	577,378	$	2,100,562	$	226,626	$	579,693	$	2,324,871	$	2,904,564	$	(524,215	)	n/a	n/a
Wilder Stadium 14	Wilder, KY	9,252		983		11,233		—		983		11,233		12,216		(489		)	04/14	40 years
Bowling Green Stadium 12	Bowling Green, KY	8,681		1,241		10,222		—		1,241		10,222		11,463		(453		)	04/14	40 years
New Albany Stadium 12	New Albany, IN	13,077		2,461		14,807		—		2,461		14,807		17,268		(644		)	04/14	40 years
Clarksville Stadium 16	Clarksville, TN	15,550		3,764		16,769		—		3,764		16,769		20,533		(732		)	04/14	40 years
Lycoming Mall 12	Williamsport, PA	6,761		2,243		6,684		—		2,243		6,684		8,927		(306		)	04/14	40 years
Noblesville Stadium 10	Noblesville, IN	6,315		886		7,453		—		886		7,453		8,339		(329		)	04/14	40 years
Moline Stadium 14	Moline, IL	9,199		1,963		10,183		—		1,963		10,183		12,146		(448		)	04/14	40 years
O'Fallon Stadium 14	O'Fallon, MO	6,351		1,046		7,342		—		1,046		7,342		8,388		(321		)	04/14	40 years
McDonough Stadium 16	McDonough, GA	14,445		2,235		16,842		—		2,235		16,842		19,077		(739		)	04/14	40 years
International Hotel Ventures, Inc.		1,850		—		—		—		—		—		—		—			04/14	n/a
Impact Charter Elementary	Baker, LA	—		190		6,563		203		190		6,766		6,956		(180		)	04/14	40 years
Bradford Preparatory School	Charlotte, NC	—		1,559		1,477		—		1,559		1,477		3,036		(48		)	05/14	30 years
Horizon Science Academy South Chicago	Chicago, IL	—		1,544		6,074		2,121		1,544		8,195		9,739		(225		)	05/14	40 years
Topgolf-Overland Park	Overland Park, KS	—		5,519		17,330		—		5,519		17,330		22,849		(208		)	05/14	40 years
Topgolf-Centennial	Centennial, CO	—		3,013		19,106		—		3,013		19,106		22,119		(159		)	06/14	40 years
Topgolf-Mid Town Atlanta	Atlanta, GA	—		8,143		17,289		—		8,143		17,289		25,432		(180		)	06/14	40 years
Topgolf-Dulles	Ashburn VA	—		—		16,873		—		—		16,873		16,873		(141		)	06/14	40 years
Phoenix Academy High School	High Point, NC	—		1,298		7,322		—		1,298		7,322		8,620		(87		)	07/14	40 years
Children's Learning Adventure	Cedar Park, TX	—		1,520		10,500		—		1,520		10,500		12,020		(40		)	07/14	30 years
Children's Learning Adventure	Centennial, CO	—		1,249		10,771		—		1,249		10,771		12,020		(39		)	08/14	30 years
Topgolf-Naperville	Naperville, IL	—		8,824		20,279		—		8,824		20,279		29,103		(169		)	08/14	40 years
Champion Fit Kids	Chandler, AZ	—		1,530		6,877		—		1,530		6,877		8,407		(86		)	08/14	40 years
Topgolf-Oklahoma City	Oklahoma City, OK	—		3,086		16,421		—		3,086		16,421		19,507		(205		)	09/14	40 years
LowCountry Montessori	Port Royal, SC	—		387		4,383		—		387		4,383		4,770		(55		)	09/14	40 years
Topgolf-Webster	Webster, TX	—		5,631		17,732		—		5,631		17,732		23,363		(74		)	11/14	40 years
Topgolf-Virginia Beach	Virginia Beach, VA	—		6,948		18,715		—		6,948		18,715		25,663		—			12/14	40 years
Marketplace Digital Cinema 20	Sterling Heights, MI	—		10,849		—		70		10,919		—		10,919		—			12/14	n/a
Global Village Academies - Douglas County	Parker, CO	—		2,190		6,815		—		2,190		6,815		9,005		(72		)	01/15	40 years
Global Village International - Parker	Parker, CO	—		279		1,017		—		279		1,017		1,296		(21		)	01/15	30 years
Global Village International - Littleton	Littleton, CO	—		467		1,248		—		467		1,248		1,715		(24		)	01/15	30 years
Global Village International - Lakewood	Lakewood, CO	—		291		823		—		291		823		1,114		(15		)	01/15	30 years
Global Village International - Castle Rock	Castle Rock, CO	—		250		1,646		—		250		1,646		1,896		(30		)	01/15	30 years
Subtotals carried over to next page		$	279,209	$	658,967	$	2,411,358	$	229,020	$	661,352	$	2,637,991	$	3,299,343	$	(530,734	)

EPR Properties Schedule III - Real Estate and Accumulated Depreciation December 31, 2015 (Dollars in thousands)

					Initial cost				Additions (Dispositions) (Impairments) Subsequent to acquisition		Gross Amount at December 31, 2015
Description	Location	Debt			Land		Buildings, Equipment & improvements				Land		Buildings, Equipment & Improvements		Total		Accumulated depreciation			Date acquired	Depreciation life
Subtotal from previous page	n/a	$	279,209		$	658,967	$	2,411,358	$	229,020	$	661,352	$	2,637,991	$	3,299,343	$	(530,734	)	n/a	n/a
Global Village International - Arvada	Arvada, CO	—			224		788		—		224		788		1,012		(16		)	01/15	30 years
Macon Charter Academy	Macon, GA	—			401		7,883		—		401		7,883		8,284		(92		)	02/15	40 years
Du Bois School of Arts and Technology	Memphis, TN	—			1,535		4,089		—		1,535		4,089		5,624		(95		)	02/15	30 years
Strawbridge-Virginia Beach	Virginia Beach, VA	—			2,544		6,478		—		2,544		6,478		9,022		(135		)	02/15	40 years
Carmike Yulee	Yulee, FL	—			1,036		6,934		—		1,036		6,934		7,970		(144		)	02/15	40 years
Wintergreen Resort	Wintergreen, VA	—			5,739		16,126		—		5,739		16,126		21,865		(795		)	02/15	40 years
Pineapple Cove	Palm Bay, FL	—			782		6,212		—		782		6,212		6,994		(56		)	03/15	40 years
Global Village International - Lafayette	Lafayette, CO	—			293		663		—		293		663		956		(6		)	04/15	30 years
Punch Bowl Social-Schaumburg	Schaumburg, IL	—			598		5,372		—		598		5,372		5,970		—			04/15	30 years
Regency 24 Jacksonville	Jacksonville, FL	—			5,080		22,064		—		5,080		22,064		27,144		(504		)	05/15	25 years
Camelback Lodge	Tannersville, PA	—			—		120,354		—		—		120,354		120,354		(1,255		)	05/15	40 years
Phoenix Academy II	High Point, NC	—			1,180		9,393		—		1,180		9,393		10,573		(156		)	06/15	30 years
Regal Crystal Lake 16	Crystal Lake, IL	—			2,980		13,521		—		2,980		13,521		16,501		(270		)	07/15	25 years
Bridgeton Charter	Bridgeton, NJ	—			153		2,392		—		153		2,392		2,545		(13		)	09/15	40 years
Carrington Academy	Atlanta, GA	—			956		1,850		—		956		1,850		2,806		(15		)	10/15	30 years
Carrington Academy	Atlanta, GA	—			1,262		2,038		—		1,262		2,038		3,300		(17		)	10/15	30 years
Alamo Draft House-Laredo	Laredo, TX	—			1,353		7,886		—		1,353		7,886		9,239		—			12/15	40 years
Property under development		—			378,920		—		—		378,920		—		378,920		—			n/a	n/a
Land held for development		—			23,610		—		—		23,610		—		23,610		—			n/a	n/a
Unsecured revolving credit facility		196,000			—		—		—		—		—		—		—			n/a	n/a
Senior unsecured notes payable and term loan		1,525,000			—		—		—		—		—		—		—			n/a	n/a
Less: deferred financing costs, net		(18,289		)	—		—		—		—		—		—		—
Total		$	1,981,920		$	1,087,613	$	2,645,401	$	229,020	$	1,089,998	$	2,872,034	$	3,962,032	$	(534,303	)