2024 Q4 Form 10-Q Financial Statement

#000104545024000086 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $180.5M
YoY Change -4.69%
Cost Of Revenue $8.080M
YoY Change 0.74%
Gross Profit $172.4M
YoY Change -4.93%
Gross Profit Margin 95.52%
Selling, General & Admin $18.64M
YoY Change -10.73%
% of Gross Profit 10.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.80M
YoY Change 0.86%
% of Gross Profit 24.82%
Operating Expenses $77.40M
YoY Change 1.26%
Operating Profit $92.71M
YoY Change 6.19%
Interest Expense $32.87M
YoY Change 5.32%
% of Operating Profit 35.45%
Other Income/Expense, Net $15.63M
YoY Change 19.1%
Pretax Income $46.53M
YoY Change -17.85%
Income Tax -$124.0K
% Of Pretax Income -0.27%
Net Earnings $46.65M
YoY Change -17.08%
Net Earnings / Revenue 25.84%
Basic Earnings Per Share $0.54
Diluted Earnings Per Share $0.53
COMMON SHARES
Basic Shares Outstanding 75.73M shares 75.72M shares
Diluted Shares Outstanding 76.11M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $35.33M
YoY Change -79.57%
Cash & Equivalents $35.33M
Short-Term Investments
Other Short-Term Assets $37.63M
YoY Change 4.84%
Inventory
Prepaid Expenses
Receivables $79.73M
Other Receivables $0.00
Total Short-Term Assets $152.7M
YoY Change -42.09%
LONG-TERM ASSETS
Property, Plant & Equipment $4.807B
YoY Change -1.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $32.43M
YoY Change -39.79%
Other Assets $2.992M
YoY Change 4.32%
Total Long-Term Assets $5.536B
YoY Change 1.48%
TOTAL ASSETS
Total Short-Term Assets $152.7M
Total Long-Term Assets $5.536B
Total Assets $5.689B
YoY Change -0.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $99.33M
YoY Change 19.96%
Accrued Expenses $214.8M
YoY Change -6.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $344.0M
YoY Change 0.42%
LONG-TERM LIABILITIES
Long-Term Debt $2.853B
YoY Change 1.37%
Other Long-Term Liabilities $88.50M
YoY Change -0.03%
Total Long-Term Liabilities $2.941B
YoY Change 1.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $344.0M
Total Long-Term Liabilities $2.941B
Total Liabilities $3.285B
YoY Change 1.23%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $836.0K
YoY Change 0.84%
Preferred Stock
YoY Change
Treasury Stock (at cost) $285.4M
YoY Change 4.15%
Treasury Stock Shares
Shareholders Equity $2.404B
YoY Change
Total Liabilities & Shareholders Equity $5.689B
YoY Change -0.53%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $46.65M
YoY Change -17.08%
Depreciation, Depletion And Amortization $42.80M
YoY Change 0.86%
Cash From Operating Activities $122.0M
YoY Change -18.23%
INVESTING ACTIVITIES
Capital Expenditures $18.43M
YoY Change -18.92%
Acquisitions
YoY Change
Other Investing Activities -$54.73M
YoY Change -460.89%
Cash From Investing Activities -$73.16M
YoY Change 867.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -47.30M
YoY Change -30.49%
NET CHANGE
Cash From Operating Activities 122.0M
Cash From Investing Activities -73.16M
Cash From Financing Activities -47.30M
Net Change In Cash 1.546M
YoY Change -97.9%
FREE CASH FLOW
Cash From Operating Activities $122.0M
Capital Expenditures $18.43M
Free Cash Flow $103.6M
YoY Change -18.11%

Facts In Submission

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CY2024Q3 us-gaap Dividends
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us-gaap Profit Loss
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us-gaap Asset Impairment Charges
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us-gaap Gain Loss On Disposition Of Assets
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us-gaap Amortization Of Above And Below Market Leases
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us-gaap Share Based Compensation
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epr Increase Decrease In Mortgage Notes Accrued Interest Receivable
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epr Increase Decrease In Mortgage Notes Accrued Interest Receivable
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38320000 usd
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CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
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us-gaap Straight Line Rent
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of Risk</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Topgolf USA (Topgolf), American-Multi Cinema, Inc. (AMC) and Regal Cinemas (Regal), a subsidiary of Cineworld Group, represented a significant portion of the Company's total revenue for the nine months ended September 30, 2024 and 2023.</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The following is a su</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">mmary of the Company's total revenue derived from rental or interest payments from Topgolf, AMC and Regal (dollars in thousands): </span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.679%"><tr><td style="width:1.0%"></td><td style="width:25.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.745%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.443%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.745%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.748%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nine Months Ended September 30,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Total Revenue</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">% of Company's Total Revenue</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">Total Revenue</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">% of Company's Total Revenue</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Topgolf</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74,657 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">72,227 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">AMC</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,662 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.6 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,915 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.3 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Regal</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,677 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84,818 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr></table></div>
CY2024Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6080959000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5973042000 usd
CY2024Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1546509000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1435683000 usd
CY2024Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4534450000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4537359000 usd
us-gaap Depreciation
Depreciation
121900000 usd
us-gaap Depreciation
Depreciation
119800000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
65100000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
16000000 usd
CY2024Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
657600000 usd
CY2023Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
569800000 usd
CY2024Q3 epr Notes Receivable
NotesReceivable
3400000 usd
CY2023Q4 epr Notes Receivable
NotesReceivable
3900000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
14415000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
2371000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16786000 usd
CY2024Q3 epr Straight Line Rent Receivable
StraightLineRentReceivable
69390000 usd
CY2023Q4 epr Straight Line Rent Receivable
StraightLineRentReceivable
55533000 usd
CY2024Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
79726000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
63655000 usd
CY2024Q3 epr Tax Payment Paid Under Protest
TaxPaymentPaidUnderProtest
5900000 usd
CY2024Q3 epr Tax Payment Paid Under Protest
TaxPaymentPaidUnderProtest
5900000 usd
CY2024Q3 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Asset
FairValueDisclosureOffbalanceSheetRisksFaceAmountAsset
11500000 usd
epr Collections Deferred Rent Cash Basis Tenants
CollectionsDeferredRentCashBasisTenants
600000 usd
epr Collections Deferred Rent Cash Basis Tenants
CollectionsDeferredRentCashBasisTenants
35700000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.855
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.545
CY2024Q3 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
32426000 usd
CY2023Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
49754000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5384000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2067000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
500000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1300000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1900000 usd
CY2024Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-3474000 usd
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
5230000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3326000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1046000 usd
CY2024Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
446000 usd
CY2023Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
374000 usd
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1321000 usd
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1100000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
32867000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
31208000 usd
us-gaap Interest Expense
InterestExpense
97338000 usd
us-gaap Interest Expense
InterestExpense
94521000 usd
CY2024Q3 us-gaap Other Income
OtherIncome
17419000 usd
CY2023Q3 us-gaap Other Income
OtherIncome
14422000 usd
us-gaap Other Income
OtherIncome
43874000 usd
us-gaap Other Income
OtherIncome
33879000 usd
CY2024Q3 us-gaap Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
50000000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1900000 usd
CY2024Q3 us-gaap Derivative Liability After Offset Subject To Master Netting Arrangement
DerivativeLiabilityAfterOffsetSubjectToMasterNettingArrangement
1800000 usd
CY2024Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
67400000 usd
CY2023Q4 epr Numberofimpairedproperties
Numberofimpairedproperties
12 property
CY2024Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
657600000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
46650000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
154461000 usd
CY2024Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6032000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18104000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40618000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75723000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
136357000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75604000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.80
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40618000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75723000 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
136357000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75604000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
385000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
341000 shares
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40618000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76108000 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
136357000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75945000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.80
CY2023Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
56260000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
127517000 usd
CY2023Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6032000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18105000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
50228000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75325000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
109412000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75236000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.45
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
50228000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75325000 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
109412000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75236000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
491000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
419000 shares
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
50228000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75816000 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
109412000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75655000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
us-gaap Severance Costs1
SeveranceCosts1
1800000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
609228 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
44.44
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
290271 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
41.96
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
284885 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
45.47
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
614614 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
42.79
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y1M9D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
13700000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
8700000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
11300000 usd
CY2023Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
51
CY2024Q3 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
51
CY2024Q3 epr Number Of Tenants Ground Lease Subtenants Cash Basis
NumberOfTenantsGroundLeaseSubtenantsCashBasis
1
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 integer
CY2024Q3 us-gaap Assets
Assets
5689162000 usd
CY2023Q4 us-gaap Assets
Assets
5700885000 usd
CY2024Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
148677000 usd
CY2024Q3 us-gaap Other Income
OtherIncome
17419000 usd
CY2024Q3 us-gaap Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
14411000 usd
CY2024Q3 us-gaap Revenues
Revenues
180507000 usd
CY2024Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
14611000 usd
CY2024Q3 us-gaap Other Expenses
OtherExpenses
15631000 usd
CY2024Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
30242000 usd
CY2024Q3 epr Net Operating Income Before Unallocated Items
NetOperatingIncomeBeforeUnallocatedItems
150265000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11935000 usd
CY2024Q3 epr Transaction Costs
TransactionCosts
175000 usd
CY2024Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-770000 usd
CY2024Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
42795000 usd
CY2024Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-3419000 usd
CY2024Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
337000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
32867000 usd
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-851000 usd
CY2024Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
12130000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-124000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
46650000 usd
CY2024Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6032000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40618000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
163940000 usd
CY2023Q3 us-gaap Other Income
OtherIncome
14422000 usd
CY2023Q3 us-gaap Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
11022000 usd
CY2023Q3 us-gaap Revenues
Revenues
189384000 usd
CY2023Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
14592000 usd
CY2023Q3 us-gaap Other Expenses
OtherExpenses
13124000 usd
CY2023Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
27716000 usd
CY2023Q3 epr Net Operating Income Before Unallocated Items
NetOperatingIncomeBeforeUnallocatedItems
161668000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13464000 usd
CY2023Q3 epr Transaction Costs
TransactionCosts
847000 usd
CY2023Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-719000 usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
20887000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
42432000 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2550000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
31208000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
533000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
372000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
56260000 usd
CY2023Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6032000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
50228000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
436051000 usd
us-gaap Other Income
OtherIncome
43874000 usd
us-gaap Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
40909000 usd
us-gaap Revenues
Revenues
520834000 usd
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
43958000 usd
us-gaap Other Expenses
OtherExpenses
43440000 usd
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
87398000 usd
epr Net Operating Income Before Unallocated Items
NetOperatingIncomeBeforeUnallocatedItems
433436000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
37863000 usd
us-gaap Severance Costs1
SeveranceCosts1
1836000 usd
epr Transaction Costs
TransactionCosts
375000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2371000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
11812000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
124738000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
15989000 usd
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
337000 usd
us-gaap Interest Expense
InterestExpense
97338000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5384000 usd
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
12130000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
780000 usd
us-gaap Net Income Loss
NetIncomeLoss
154461000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
18104000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
136357000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
467401000 usd
us-gaap Other Income
OtherIncome
33879000 usd
us-gaap Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
32407000 usd
us-gaap Revenues
Revenues
533687000 usd
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
42719000 usd
us-gaap Other Expenses
OtherExpenses
31235000 usd
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
73954000 usd
epr Net Operating Income Before Unallocated Items
NetOperatingIncomeBeforeUnallocatedItems
459733000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
42677000 usd
us-gaap Severance Costs1
SeveranceCosts1
547000 usd
epr Transaction Costs
TransactionCosts
1153000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-407000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
64672000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
127341000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1415000 usd
us-gaap Interest Expense
InterestExpense
94521000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2067000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1060000 usd
us-gaap Net Income Loss
NetIncomeLoss
127517000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
18105000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
109412000 usd
CY2024Q3 epr Number Of Mortgage Notes Receivable
NumberOfMortgageNotesReceivable
5 mortgagenotes
CY2024Q3 epr Mortgage Noteand Notes Receivable Commitments
MortgageNoteandNotesReceivableCommitments
73100000 usd
CY2024Q3 epr Numberof Surety Bonds
NumberofSuretyBonds
3
CY2024Q3 epr Suretybonds
Suretybonds
600000 usd
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

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