XML 24 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
EPT - Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Rental properties:    
Land and land improvements $ 3,246,789 $ 3,036,912
Buildings and improvements 14,342,729 13,098,311
Total rental properties 17,589,518 16,135,223
Less: accumulated depreciation (6,150,618) (5,664,931)
Net real estate 11,438,900 10,470,292
Real estate under development 52,682 23,724
Co-investments 935,014 1,061,733
Total real estate 12,426,596 11,555,749
Cash and cash equivalents-unrestricted 66,795 391,749
Cash and cash equivalents-restricted 9,051 8,585
Marketable securities 69,794 87,795
Notes and other receivables, net of allowance for credit losses of $0.5 million and $0.7 million as of December 31, 2024 and December 31, 2023, respectively 206,706 174,621
Operating lease right-of-use assets 51,556 63,757
Prepaid expenses and other assets 96,861 79,171
Total assets 12,927,359 12,361,427
LIABILITIES AND EQUITY    
Unsecured debt, net 5,473,788 5,318,531
Mortgage notes payable, net 989,884 887,204
Lines of credit 137,945 0
Accounts payable and accrued liabilities 212,747 176,401
Construction payable 14,347 20,659
Dividends payable 165,443 155,695
Distributions in excess of investments in co-investments 79,273 65,488
Operating lease liabilities 52,473 65,091
Other liabilities 50,220 46,175
Total liabilities 7,176,120 6,735,244
Commitments and contingencies (Note 17)
Redeemable noncontrolling interest 30,849 32,205
Equity:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 64,280,466 and 64,203,497 shares issued and outstanding, respectively 6 6
Additional paid-in capital 6,668,047 6,656,720
Distributions in excess of accumulated earnings (1,155,662) (1,267,536)
Accumulated other comprehensive income, net 24,655 33,556
Total stockholders’ equity 5,537,046 5,422,746
Noncontrolling interest 183,344 171,232
Total equity 5,720,390 5,593,978
Total liabilities and equity $ 12,927,359 $ 12,361,427