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EPT - Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Rental and other property $ 486,731 $ 467,610 $ 969,174 $ 929,699
Management and other fees from affiliates 2,318 2,223 4,631 4,717
Total revenues 489,049 469,833 973,805 934,416
Expenses:        
Property operating, excluding real estate taxes 89,608 86,394 178,739 172,421
Real estate taxes 51,414 49,035 103,539 101,629
Corporate-level property management expenses 13,432 12,220 26,830 24,552
Depreciation and amortization 154,073 151,501 308,968 302,788
General and administrative 73,149 17,157 93,163 33,449
Total expenses 381,676 316,307 711,239 634,839
Gain on sale of real estate and land 2,000 126,174 2,000 237,204
Earnings from operations 109,373 279,700 264,566 536,781
Interest expense (66,835) (65,262) (132,399) (127,994)
Total return swap income 1,226 1,071 2,768 2,271
Interest and other income 9,087 6,808 10,123 11,097
Equity income from co-investments 13,715 8,977 37,330 22,186
Tax benefit (expense) on unconsolidated technology co-investments 363 232 (3,251) 395
Loss on early retirement of debt 0 0 0 (762)
Gain on remeasurement of co-investment 0 0 0 330
Net income (loss) 66,929 231,526 179,137 444,304
Net income attributable to noncontrolling interest (4,467) (10,164) (10,489) (19,832)
Net income available to common stockholders 62,462 221,362 168,648 424,472
Comprehensive income 69,990 227,447 182,319 430,870
Comprehensive income attributable to noncontrolling interest (4,568) (10,030) (10,594) (19,378)
Comprehensive income attributable to controlling interest $ 65,422 $ 217,417 $ 171,725 $ 411,492
Basic:        
Net income available to common stockholders (in dollars per share) $ 0.97 $ 3.44 $ 2.62 $ 6.60
Weighted average number of shares outstanding during the period (in shares) 64,265,835 64,385,988 64,359,851 64,350,640
Diluted:        
Net income available to common stockholders (in dollars per share) $ 0.97 $ 3.44 $ 2.62 $ 6.59
Weighted average number of shares outstanding during the period (in shares) 64,279,012 64,407,613 64,369,794 64,378,953