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Segment Information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Reportable Operating Segments
Segment Information

The Company groups investments into four reportable operating segments: Entertainment, Education, Recreation and Other. The financial information summarized below is presented by reportable operating segment:
Balance Sheet Data:
 
 
As of March 31, 2017
 
 
Entertainment
Education
Recreation
Other
Corporate/Unallocated
Consolidated
Total Assets
 
$
2,177,829

$
1,400,979

$
1,209,703

$
197,914

$
60,357

$
5,046,782

 
 
 
 
 
 
 
 
 
 
As of December 31, 2016
 
 
Entertainment
Education
Recreation
Other
Corporate/Unallocated
Consolidated
Total Assets
 
$
2,168,669

$
1,308,288

$
1,120,498

$
202,394

$
65,173

$
4,865,022


Operating Data:
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2017
 
 
Entertainment
Education
Recreation
Other
Corporate/Unallocated
Consolidated
Rental revenue
 
$
65,091

$
22,357

$
17,299

$
2,290

$

$
107,037

Tenant reimbursements
 
3,749





3,749

Other income
 
6




686

692

Mortgage and other financing income
 
1,179

8,549

7,906



17,634

Total revenue
 
70,025

30,906

25,205

2,290

686

129,112

 
 
 
 
 
 
 
 
Property operating expense
 
5,835


28

340

147

6,350

Total investment expenses
 
5,835


28

340

147

6,350

Net operating income - before unallocated items
 
64,190

30,906

25,177

1,950

539

122,762

 
 
 
 
 
 
 
 
Reconciliation to Consolidated Statements of Income:
 
 
 
 
General and administrative expense
 
 
 
 
(11,057
)
Costs associated with loan refinancing or payoff
 
 
 
(5
)
Interest expense, net
 
 
 
 
 
 
(30,692
)
Transaction costs
 
 
 
 
 
 
(57
)
Depreciation and amortization
 
 
 
(28,077
)
Equity in loss from joint ventures
 
 
 
 
(8
)
Gain on sale of real estate
 
 
 
2,004

Income tax expense
 
 
 
(954
)
Net income
 
 
 
53,916

Preferred dividend requirements
 
 
 
(5,952
)
Net income available to common shareholders of EPR Properties
$
47,964


 
 
Three Months Ended March 31, 2016
 
 
Entertainment
Education
Recreation
Other
Corporate/Unallocated
Consolidated
Rental revenue
 
$
60,138

$
17,180

$
14,696

$
1,764

$

$
93,778

Tenant reimbursements
 
3,863

2




3,865

Other income
 
4


489


717

1,210

Mortgage and other financing income
 
2,152

10,731

6,998

34


19,915

Total revenue
 
66,157

27,913

22,183

1,798

717

118,768

 
 
 
 
 
 
 
 
Property operating expense
 
5,252


8

83

138

5,481

Other expense
 



5


5

Total investment expenses
 
5,252


8

88

138

5,486

Net operating income - before unallocated items
 
60,905

27,913

22,175

1,710

579

113,282

 
 
 
 
 
 
 
 
Reconciliation to Consolidated Statements of Income:
 
 
 
 
General and administrative expense
 
 
 
 
(9,218
)
Costs associated with loan refinancing or payoff
 
 
 
(552
)
Interest expense, net
 
 
 
 
 
 
(23,289
)
Transaction costs
 
 
 
 
 
 
(444
)
Depreciation and amortization
 
 
 
 
(25,955
)
Equity in income from joint ventures
 
 
 
212

Income tax benefit
 
 
 
 
 
 
144

Net income
 
 
 
54,180

Preferred dividend requirements
 
 
(5,952
)
Net income available to common shareholders of EPR Properties
$
48,228