Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Reportable Operating Segments

Segment Information

The Company groups its investments into two reportable operating segments: Experiential and Education. Due to the Company's change to two reportable segments during the year ended December 31, 2019, certain reclassifications have been made to the 2019 presentation to conform to the current presentation.

The financial information summarized below is presented by reportable operating segment (in thousands):

Balance Sheet Data:
	As of June 30, 2020
	Experiential		Education		Corporate/Unallocated		Consolidated
Total Assets	$	5,253,239	$	721,098	$	1,028,641	$	7,002,978
	As of December 31, 2019
	Experiential		Education		Corporate/Unallocated		Consolidated
Total Assets	$	5,307,295	$	730,165	$	540,051	$	6,577,511

Operating Data:
	Three Months Ended June 30, 2020
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	84,204	$	13,327	$	—	$	97,531
Other income	8		—		408		416
Mortgage and other financing income	8,108		305		—		8,413
Total revenue	92,320		13,632		408		106,360
Property operating expense	14,514		628		187		15,329
Other expense	2,798		—		—		2,798
Total investment expenses	17,312		628		187		18,127
Net operating income - before unallocated items	75,008		13,004		221		88,233
Reconciliation to Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income:
General and administrative expense							(10,432		)
Costs associated with loan refinancing or payoff							(820		)
Interest expense, net							(38,340		)
Transaction costs							(771		)
Credit loss expense							(3,484		)
Impairment charges							(51,264		)
Depreciation and amortization							(42,450		)
Equity in loss from joint ventures							(1,724		)
Impairment charges on joint ventures							(3,247		)
Gain on sale of real estate							22
Income tax benefit							1,312
Net loss							(62,965		)
Preferred dividend requirements							(6,034		)
Net loss available to common shareholders of EPR Properties							$	(68,999	)

Operating Data:
	Three Months Ended June 30, 2019
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	129,271	$	17,732	$	—	$	147,003
Other income	5,423		—		303		5,726
Mortgage and other financing income	8,761		250		—		9,011
Total revenue	143,455		17,982		303		161,740
Property operating expense	13,488		882		227		14,597
Other expense	8,091		—		—		8,091
Total investment expenses	21,579		882		227		22,688
Net operating income - before unallocated items	121,876		17,100		76		139,052
Reconciliation to Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income:
General and administrative expense							(12,230		)
Interest expense, net							(36,458		)
Transaction costs							(6,923		)
Depreciation and amortization							(38,790		)
Equity in income from joint ventures							470
Income tax benefit							1,300
Discontinued operations:
Income from discontinued operations							10,399
Gain on sale of real estate from discontinued operations							9,774
Net income							66,594
Preferred dividend requirements							(6,034		)
Net income available to common shareholders of EPR Properties							$	60,560

Operating Data:
	Six Months Ended June 30, 2020
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	202,864	$	29,710	$	—	$	232,574
Other income	7,213		—		776		7,989
Mortgage and other financing income	16,152		657		—		16,809
Total revenue	226,229		30,367		776		257,372
Property operating expense	26,843		1,169		410		28,422
Other expense	12,332		—		—		12,332
Total investment expenses	39,175		1,169		410		40,754
Net operating income - before unallocated items	187,054		29,198		366		216,618
Reconciliation to Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income:
General and administrative expense							(21,420		)
Costs associated with loan refinancing or payoff							(820		)
Interest expense, net							(73,093		)
Transaction costs							(1,846		)
Credit loss expense							(4,676		)
Impairment charges							(51,264		)
Depreciation and amortization							(86,260		)
Equity in loss from joint ventures							(2,144		)
Impairment charges on joint ventures							(3,247		)
Gain on sale of real estate							242
Income tax benefit							2,063
Net loss							(25,847		)
Preferred dividend requirements							(12,068		)
Net loss available to common shareholders of EPR Properties							$	(37,915	)

Operating Data:
	Six Months Ended June 30, 2019
	Experiential		Education		Corporate/Unallocated		Consolidated
Rental revenue	$	253,287	$	34,008	$	—	$	287,295
Other income	5,494		—		576		6,070
Mortgage and other financing income	18,129		773		—		18,902
Total revenue	276,910		34,781		576		312,267
Property operating expense	27,936		1,752		460		30,148
Other expense	8,091		—		—		8,091
Total investment expenses	36,027		1,752		460		38,239
Net operating income - before unallocated items	240,883		33,029		116		274,028
Reconciliation to Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income:
General and administrative expense							(23,940		)
Severance expense							(420		)
Interest expense, net							(70,421		)
Transaction costs							(12,046		)
Depreciation and amortization							(74,792		)
Equity in income from joint ventures							959
Loss on sale of real estate							(388		)
Income tax benefit							1,905
Discontinued operations:
Income from discontinued operations							20,568
Gain on sale of real estate from discontinued operations							16,490
Net income							131,943
Preferred dividend requirements							(12,068		)
Net income available to common shareholders of EPR Properties							$	119,875