XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Consolidated Statements of Income        
Rental revenue $ 56,024 $ 53,850 $ 111,406 $ 107,607
Tenant reimbursements 4,515 4,013 9,176 8,291
Other income 131 45 155 249
Mortgage and other financing income 13,768 13,013 27,319 25,605
Total revenue 74,438 70,921 148,056 141,752
Property operating expense 6,656 5,962 13,016 12,186
Other expense 700 89 1,200 376
General and administrative expense 5,105 4,633 10,573 9,722
Costs associated with loan refinancing   11,383 6,163 11,383
Interest expense, net 17,287 16,946 36,110 33,839
Transaction costs 76 73 1,349 365
Provision for loan losses       700
Impairment charges 34,256   34,256  
Depreciation and amortization 12,123 11,068 24,135 22,144
Income (loss) before equity in income from joint ventures and discontinued operations (1,765) 20,767 21,254 51,037
Equity in income from joint ventures 781 423 1,555 656
Income (loss) from continuing operations (984) 21,190 22,809 51,693
Discontinued operations:        
Income (loss) from discontinued operations 986 (5,471) 2,433 (8,119)
Impairment charges     (1,800)  
Gain on acquisition       8,468
Transaction costs   (37)   (7,270)
Gain (loss) on sale of real estate   (934) 18,293 (934)
Net income 2 14,748 41,735 43,838
Add: Net loss (income) attributable to noncontrolling interests   840 (2) 1,825
Net income attributable to Entertainment Properties Trust 2 15,588 41,733 45,663
Preferred dividend requirements (7,551) (7,552) (15,103) (15,103)
Net income (loss) available to common shareholders of Entertainment Properties Trust $ (7,549) $ 8,036 $ 26,630 $ 30,560
Basic earnings per share data:        
Income (loss) from continuing operations $ (0.18) $ 0.30 $ 0.17 $ 0.83
Income (loss) from discontinued operations $ 0.02 $ (0.12) $ 0.40 $ (0.13)
Net income (loss) available to common shareholders $ (0.16) $ 0.18 $ 0.57 $ 0.70
Diluted earnings per share data:        
Income (loss) from continuing operations $ (0.18) $ 0.30 $ 0.17 $ 0.83
Income (loss) from discontinued operations $ 0.02 $ (0.12) $ 0.40 $ (0.14)
Net income (loss) available to common shareholders $ (0.16) $ 0.18 $ 0.57 $ 0.69
Shares used for computation (in thousands):        
Basic 46,648 44,869 46,576 43,865
Diluted 46,648 45,214 46,880 44,185