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 June 30, 2017
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Total Assets	$	2,200,480	$	1,434,537	$	1,993,713	$	201,163	$	108,993	$	5,938,886

	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 June 30, 2017
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	65,462	$	22,333	$	29,384	$	2,290	$	—	$	119,469
Tenant reimbursements	3,941		—		—		—		—		3,941
Other income	606		1		—		—		697		1,304
Mortgage and other financing income	1,096		8,868		13,104		—		—		23,068
Total revenue	71,105		31,202		42,488		2,290		697		147,782

Property operating expense	5,545		32		29		353		113		6,072
Total investment expenses	5,545		32		29		353		113		6,072
Net operating income - before unallocated items	65,560		31,170		42,459		1,937		584		141,710

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(10,660		)
Costs associated with loan refinancing or payoff											(9		)
Gain on early extinguishment of debt											977
Interest expense, net											(32,967		)
Transaction costs											(218		)
Impairment charges											(10,195		)
Depreciation and amortization											(33,148		)
Equity in income from joint ventures											59
Gain on sale of real estate											25,461
Income tax expense											(475		)
Net income											80,535
Preferred dividend requirements											(5,952		)
Net income available to common shareholders of EPR Properties											$	74,583



Operating Data:
	Three Months Ended June 30, 2016
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	61,258	$	17,717	$	14,789	$	2,291	$	—	$	96,055
Tenant reimbursements	3,891		—		—		—		—		3,891
Other income	210		—		1,321		—		595		2,126
Mortgage and other financing income	1,481		7,178		7,268		34		—		15,961
Total revenue	66,840		24,895		23,378		2,325		595		118,033

Property operating expense	5,335		—		—		103		142		5,580
Total investment expenses	5,335		—		—		103		142		5,580
Net operating income - before unallocated items	61,505		24,895		23,378		2,222		453		112,453

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(9,000		)
Costs associated with loan refinancing or payoff											(339		)
Interest expense, net											(22,756		)
Transaction costs											(1,490		)
Depreciation and amortization											(25,666		)
Equity in income from joint ventures											86
Gain on sale of real estate											2,270
Income tax expense											(423		)
Net income											55,135
Preferred dividend requirements											(5,952		)
Net income available to common shareholders of EPR Properties											$	49,183



Operating Data:
	Six Months Ended June 30, 2017
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	130,553	$	44,690	$	46,683	$	4,580	$	—	$	226,506
Tenant reimbursements	7,690		—		—		—		—		7,690
Other income	612		1		—		—		1,383		1,996
Mortgage and other financing income	2,275		17,417		21,010		—		—		40,702
Total revenue	141,130		62,108		67,693		4,580		1,383		276,894

Property operating expense	11,380		32		57		693		260		12,422
Total investment expenses	11,380		32		57		693		260		12,422
Net operating income - before unallocated items	129,750		62,076		67,636		3,887		1,123		264,472

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(21,717		)
Costs associated with loan refinancing or payoff											(14		)
Gain on early extinguishment of debt											977
Interest expense, net											(63,659		)
Transaction costs											(275		)
Impairment charges											(10,195		)
Depreciation and amortization											(61,225		)
Equity in income from joint ventures											51
Gain on sale of real estate											27,465
Income tax expense											(1,429		)
Net income											134,451
Preferred dividend requirements											(11,904		)
Net income available to common shareholders of EPR Properties											$	122,547



Operating Data:
	Six Months Ended June 30, 2016
	Entertainment		Education		Recreation		Other		Corporate/Unallocated		Consolidated
Rental revenue	$	121,396	$	34,897	$	29,485	$	4,055	$	—	$	189,833
Tenant reimbursements	7,754		2		—		—		—		7,756
Other income	214		—		1,810		—		1,312		3,336
Mortgage and other financing income	3,633		17,909		14,266		68		—		35,876
Total revenue	132,997		52,808		45,561		4,123		1,312		236,801

Property operating expense	10,587		—		8		186		280		11,061
Other expense	—		—		—		5		—		5
Total investment expenses	10,587		—		8		191		280		11,066
Net operating income - before unallocated items	122,410		52,808		45,553		3,932		1,032		225,735

Reconciliation to Consolidated Statements of Income:
General and administrative expense											(18,218		)
Costs associated with loan refinancing or payoff											(891		)
Interest expense, net											(46,045		)
Transaction costs											(1,934		)
Depreciation and amortization											(51,621		)
Equity in income from joint ventures											298
Gain on sale of real estate											2,270
Income tax expense											(279		)
Net income											109,315
Preferred dividend requirements											(11,904		)
Net income available to common shareholders of EPR Properties											$	97,411