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EPT - Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Rental properties:    
Land and land improvements $ 3,167,721 $ 3,036,912
Buildings and improvements 13,701,217 13,098,311
Total rental properties 16,868,938 16,135,223
Less: accumulated depreciation (5,946,440) (5,664,931)
Net real estate 10,922,498 10,470,292
Real estate under development 24,515 23,724
Co-investments 1,041,328 1,061,733
Total real estate 11,988,341 11,555,749
Cash and cash equivalents-unrestricted 55,223 391,749
Cash and cash equivalents-restricted 8,928 8,585
Marketable securities, net of allowance for credit losses of zero as of both June 30, 2024 and December 31, 2023 84,291 87,795
Notes and other receivables, net of allowance for credit losses of $0.7 million as of both June 30, 2024 and December 31, 2023, respectively (includes related party receivables of $59.2 million and $6.1 million as of June 30, 2024 and December 31, 2023, respectively) 233,776 174,621
Operating lease right-of-use assets 53,373 63,757
Prepaid expenses and other assets 85,528 79,171
Total assets 12,509,460 12,361,427
LIABILITIES AND EQUITY    
Unsecured debt, net 5,267,902 5,318,531
Mortgage notes payable, net 885,563 887,204
Lines of credit 129,391 0
Accounts payable and accrued liabilities 183,764 176,401
Construction payable 17,060 20,659
Dividends payable 165,232 155,695
Distributions in excess of investments in co-investments 68,295 65,488
Operating lease liabilities 54,513 65,091
Other liabilities 49,351 46,175
Total liabilities 6,821,071 6,735,244
Commitments and contingencies
Redeemable noncontrolling interest 33,889 32,205
Equity:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 64,210,493 and 64,203,497 shares issued and outstanding, respectively 6 6
Additional paid-in capital 6,659,313 6,656,720
Distributions in excess of accumulated earnings (1,216,557) (1,267,536)
Accumulated other comprehensive income, net 38,877 33,556
Total stockholders' equity 5,481,639 5,422,746
Noncontrolling interest 172,861 171,232
Total equity 5,654,500 5,593,978
Total liabilities and equity $ 12,509,460 $ 12,361,427