EPT - Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Rental properties:
Land and land improvements	$ 3,363,169	$ 3,246,789
Buildings and improvements	15,073,416	14,342,729
Total rental properties	18,436,585	17,589,518
Less: accumulated depreciation	(6,532,003)	(6,150,618)
Net real estate	11,904,582	11,438,900
Real estate under development	157,122	52,682
Co-investments	630,550	935,014
Total real estate	12,692,254	12,426,596
Cash and cash equivalents-unrestricted	76,241	66,795
Cash and cash equivalents-restricted	9,345	9,051
Marketable securities	98,070	69,794
Notes and other receivables, net of allowance for credit losses of $0.6 million and $0.5 million as of December 31, 2025 and December 31, 2024, respectively	141,591	206,706
Operating lease right-of-use assets	50,833	51,556
Prepaid expenses and other assets	90,675	96,861
Total assets	13,159,009	12,927,359
LIABILITIES AND EQUITY
Unsecured debt, net	6,015,921	5,473,788
Mortgage notes payable, net	784,348	989,884
Lines of credit and commercial paper	0	137,945
Accounts payable and accrued liabilities	221,351	212,747
Construction payable	24,743	14,347
Dividends payable	173,698	165,443
Distributions in excess of investments in co-investments	98,837	79,273
Operating lease liabilities	51,487	52,473
Other liabilities	51,729	50,220
Total liabilities	7,422,114	7,176,120
Commitments and contingencies (Note 17)
Redeemable noncontrolling interest	28,263	30,849
Equity:
Common stock; $0.0001 par value, 670,000,000 shares authorized; 64,442,290 and 64,280,466 shares issued and outstanding, respectively	6	6
Additional paid-in capital	6,683,514	6,668,047
Distributions in excess of accumulated earnings	(1,148,195)	(1,155,662)
Accumulated other comprehensive income, net	6,047	24,655
Total stockholders’ equity	5,541,372	5,537,046
Noncontrolling interest	167,260	183,344
Total equity	5,708,632	5,720,390
Total liabilities and equity	$ 13,159,009	$ 12,927,359