$EPRT
Essential Properties Realty Trust Inc Stock $eprt

$eprt Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000172895123000084 Filed on July 27, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$91.66M	$86.52M
YoY Change	29.71%	21.09%
Cost Of Revenue	$1.360M	$1.144M
YoY Change	63.86%	38.16%
Gross Profit	$90.30M	$85.37M
YoY Change	29.31%	20.89%
Gross Profit Margin	98.52%	98.68%
Selling, General & Admin	$7.170M	$7.585M
YoY Change	-8.87%	7.96%
% of Gross Profit	7.94%	8.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$24.53M	$24.74M
YoY Change	21.59%	22.1%
% of Gross Profit	27.17%	28.98%
Operating Expenses	$33.32M	$32.34M
YoY Change	11.47%	10.71%
Operating Profit	$58.67M	$53.04M
YoY Change	27.76%	17.22%
Interest Expense	$12.63M	-$11.62M
YoY Change	27.71%	-226.47%
% of Operating Profit	21.53%	-21.91%
Other Income/Expense, Net
YoY Change
Pretax Income	$46.25M	$53.16M
YoY Change	25.74%	47.31%
Income Tax	$162.0K	$159.0K
% Of Pretax Income	0.35%	0.3%
Net Earnings	$45.91M	$52.70M
YoY Change	26.04%	47.81%
Net Earnings / Revenue	50.09%	60.91%
Basic Earnings Per Share	$0.29	$0.35
Diluted Earnings Per Share	$0.29	$0.35
COMMON SHARES
Basic Shares Outstanding	156.0M shares	148.8M shares
Diluted Shares Outstanding	157.2M shares	151.5M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$36.10M	$14.11M
YoY Change	-73.51%	-21.59%
Cash & Equivalents	$36.10M	$14.11M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$98.60M	$92.14M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$134.7M	$106.2M
YoY Change	-36.13%	19.73%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.071B	$3.914B
YoY Change	21.11%	22.76%
Goodwill
YoY Change
Intangibles	$47.79M	$49.57M
YoY Change	-14.04%	-9.2%
Long-Term Investments
YoY Change
Other Assets	$25.30M	$17.78M
YoY Change	-3.27%	-47.18%
Total Long-Term Assets	$4.377B	$4.207B
YoY Change	20.17%	20.23%
TOTAL ASSETS
Total Short-Term Assets	$134.7M	$106.2M
Total Long-Term Assets	$4.377B	$4.207B
Total Assets	$4.512B	$4.313B
YoY Change	17.09%	20.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$17.60M	$19.48M
YoY Change	-10.46%	-34.61%
Accrued Expenses	$8.100M	$8.700M
YoY Change	-11.96%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$69.60M	$71.89M
YoY Change	3.05%	9.15%
LONG-TERM LIABILITIES
Long-Term Debt	$1.593B	$1.422B
YoY Change	25.39%	14.53%
Other Long-Term Liabilities	$11.90M	$12.06M
YoY Change	-0.18%	-2.99%
Total Long-Term Liabilities	$1.605B	$1.434B
YoY Change	25.15%	14.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$69.60M	$71.89M
Total Long-Term Liabilities	$1.605B	$1.434B
Total Liabilities	$1.674B	$1.514B
YoY Change	24.04%	14.75%
SHAREHOLDERS EQUITY
Retained Earnings	-$107.6M	-$109.5M
YoY Change	-5.02%	-1.35%
Common Stock	$1.560M	$1.552M
YoY Change	9.55%	16.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.829B	$2.799B
YoY Change
Total Liabilities & Shareholders Equity	$4.512B	$4.313B
YoY Change	17.09%	20.22%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$45.91M	$52.70M
YoY Change	26.04%	47.81%
Depreciation, Depletion And Amortization	$24.53M	$24.74M
YoY Change	21.59%	22.1%
Cash From Operating Activities	$62.90M	$65.40M
YoY Change	19.6%	12.99%
INVESTING ACTIVITIES
Capital Expenditures	$210.3M	$276.3M
YoY Change	-227.61%	-278.06%
Acquisitions
YoY Change
Other Investing Activities	$28.90M	$46.65M
YoY Change	17.34%	14.13%
Cash From Investing Activities	-$181.4M	-$229.6M
YoY Change	29.41%	100.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	146.5M	107.4M
YoY Change	-28.75%	57.07%
NET CHANGE
Cash From Operating Activities	62.90M	65.40M
Cash From Investing Activities	-181.4M	-229.6M
Cash From Financing Activities	146.5M	107.4M
Net Change In Cash	28.00M	-56.85M
YoY Change	-76.27%	-575.37%
FREE CASH FLOW
Cash From Operating Activities	$62.90M	$65.40M
Capital Expenditures	$210.3M	$276.3M
Free Cash Flow	-$147.4M	-$210.9M
YoY Change	-167.8%	-198.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssets
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssets
CY2022Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesAndOtherLiabilities
CY2023Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesAndOtherLiabilities
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2043803000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	159643000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2235000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1582000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	28961000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2835000	usd
CY2022Q1	eprt	Dividends Declared On Common Stock And Operating Partners Units DividendsDeclaredOnCommonStockAndOperatingPartnersUnits	34333000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	26818000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	701000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	10184000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2188000	usd
CY2022Q2	eprt	Dividends Declared On Common Stock And Operating Partners Units DividendsDeclaredOnCommonStockAndOperatingPartnersUnits	36066000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	35812000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2267974000	usd
	us-gaap	Profit Loss ProfitLoss	96056000	usd
	us-gaap	Profit Loss ProfitLoss	62630000	usd
	eprt	Depreciation And Lease Intangible Amortization DepreciationAndLeaseIntangibleAmortization	48567000	usd
	eprt	Depreciation And Lease Intangible Amortization DepreciationAndLeaseIntangibleAmortization	42387000	usd
	eprt	Amortization Of Incentive From Lessor AmortizationOfIncentiveFromLessor	684000	usd
	eprt	Amortization Of Incentive From Lessor AmortizationOfIncentiveFromLessor	576000	usd
	eprt	Amortization Of Above Or Below Market Leases And Right Of Use Assets Net AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet	-149000	usd
	eprt	Amortization Of Above Or Below Market Leases And Right Of Use Assets Net AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet	373000	usd
	eprt	Amortization Of Deferred Financing Costs And Other Non Cash Interest Expense AmortizationOfDeferredFinancingCostsAndOtherNonCashInterestExpense	2864000	usd
	eprt	Amortization Of Deferred Financing Costs And Other Non Cash Interest Expense AmortizationOfDeferredFinancingCostsAndOtherNonCashInterestExpense	1471000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2138000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1479000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	10193000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-22000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	167000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	17461000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	11752000	usd
	us-gaap	Straight Line Rent StraightLineRent	14269000	usd
	us-gaap	Straight Line Rent StraightLineRent	12269000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4692000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5023000	usd
	eprt	Adjustment To Rental Revenue For Tenant Credit AdjustmentToRentalRevenueForTenantCredit	533000	usd
	eprt	Adjustment To Rental Revenue For Tenant Credit AdjustmentToRentalRevenueForTenantCredit	-415000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1540000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	48000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-2348000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	1513000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	119086000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	101987000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	78897000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	44514000	usd
	eprt	Proceeds From Collection Of Loans And Direct Finance Lease Receivables ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables	19452000	usd
	eprt	Proceeds From Collection Of Loans And Direct Finance Lease Receivables ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables	35460000	usd
	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	6800000	usd
	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	63982000	usd
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	576000	usd
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	570000	usd
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	447244000	usd
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	322707000	usd
	eprt	Payments For Investment In Construction In Progress PaymentsForInvestmentInConstructionInProgress	32555000	usd
	eprt	Payments For Investment In Construction In Progress PaymentsForInvestmentInConstructionInProgress	18455000	usd
	eprt	Payments For Lease Incentives PaymentsForLeaseIncentives	0	usd
	eprt	Payments For Lease Incentives PaymentsForLeaseIncentives	108000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-388826000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-325848000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	50000000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	264000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	50000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	190000000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	296567000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	190577000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3397000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2235000	usd
	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	usd
	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	467000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4045000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	241000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	570000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	80581000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	66943000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	212348000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	190317000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-57392000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-33544000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14108000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	26214000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14108000	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	17993000	usd
CY2023Q2	us-gaap	Restricted Cash RestrictedCash	0	usd
CY2022Q2	us-gaap	Restricted Cash RestrictedCash	8221000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14108000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	26214000	usd
	us-gaap	Interest Paid Net InterestPaidNet	17523000	usd
	us-gaap	Interest Paid Net InterestPaidNet	8777000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1050000	usd
	us-gaap	Transfer To Investments TransferToInvestments	0	usd
	us-gaap	Transfer To Investments TransferToInvestments	22679000	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-14000000	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-35100000	usd
	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	0	usd
	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	191000	usd
	eprt	Non Cash Payable And Accrued Follow On Offering Costs NonCashPayableAndAccruedFollowOnOfferingCosts	337000	usd
	eprt	Non Cash Payable And Accrued Follow On Offering Costs NonCashPayableAndAccruedFollowOnOfferingCosts	0	usd
	eprt	Discounts And Fees On Capital Raised Through Issuance Of Common Stock DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock	38000	usd
	eprt	Discounts And Fees On Capital Raised Through Issuance Of Common Stock DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock	1713000	usd
CY2023Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	43705000	usd
CY2022Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	36066000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:18pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23072000	usd
CY2022Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	20264000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	45201000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	38819000	usd
CY2023Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	802000	usd
CY2022Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	6258000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1479000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	10193000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14100000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	62300000	usd
CY2023Q2	us-gaap	Cash Uninsured Amount CashUninsuredAmount	13900000	usd
CY2022Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	62100000	usd
CY2023Q2	us-gaap	Variable Lease Income VariableLeaseIncome	144000	usd
CY2022Q2	us-gaap	Variable Lease Income VariableLeaseIncome	159000	usd
	us-gaap	Variable Lease Income VariableLeaseIncome	320000	usd
	us-gaap	Variable Lease Income VariableLeaseIncome	315000	usd
CY2023Q2	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-693000	usd
CY2022Q2	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-154000	usd
	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-533000	usd
	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	415000	usd
CY2023Q2	eprt	Capitalized Offering Costs CapitalizedOfferingCosts	90900000	usd
CY2022Q4	eprt	Capitalized Offering Costs CapitalizedOfferingCosts	90300000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2023Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	usd
CY2023Q2	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	usd
CY2023Q2	us-gaap	Number Of Real Estate Properties Fee Simple NumberOfRealEstatePropertiesFeeSimple	1589	property
CY2022Q4	us-gaap	Number Of Real Estate Properties Fee Simple NumberOfRealEstatePropertiesFeeSimple	1489	property
CY2023Q2	eprt	Number Of Additional Properties Secured For Mortgage Loan Receivable NumberOfAdditionalPropertiesSecuredForMortgageLoanReceivable	142	property
CY2022Q4	eprt	Number Of Additional Properties Secured For Mortgage Loan Receivable NumberOfAdditionalPropertiesSecuredForMortgageLoanReceivable	153	property
CY2023Q2	us-gaap	Number Of Properties Subject To Ground Leases NumberOfPropertiesSubjectToGroundLeases	11	property
CY2022Q4	us-gaap	Number Of Properties Subject To Ground Leases NumberOfPropertiesSubjectToGroundLeases	11	property
CY2023Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	1742	property
CY2022Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	1653	property
CY2023Q2	eprt	Number Of Real Estate Properties Direct Financing Receivables NumberOfRealEstatePropertiesDirectFinancingReceivables	7	property
CY2022Q4	eprt	Number Of Real Estate Properties Direct Financing Receivables NumberOfRealEstatePropertiesDirectFinancingReceivables	8	property
CY2022Q4	eprt	Number Of Mortgage Loans Receivable NumberOfMortgageLoansReceivable	20	loan
CY2023Q2	eprt	Number Of Mortgage Loans Receivable NumberOfMortgageLoansReceivable	20	loan
CY2023Q2	eprt	Real Estate Investments At Cost RealEstateInvestmentsAtCost	4220073000	usd
CY2022Q4	eprt	Real Estate Investments At Cost RealEstateInvestmentsAtCost	3810570000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss	227405000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss	240035000	usd
CY2023Q2	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	4617000	usd
CY2022Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	4780000	usd
CY2023Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	4452095000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	4055385000	usd
	eprt	Number Of Properties Acquired NumberOfPropertiesAcquired	134	property
	eprt	Number Of Properties Acquired NumberOfPropertiesAcquired	85	property
CY2023Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Land RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	164995000	usd
CY2022Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Land RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	137240000	usd
CY2023Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings	278737000	usd
CY2022Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings	204800000	usd
CY2023Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Construction In Progress RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress	33570000	usd
CY2022Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Construction In Progress RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress	18455000	usd
CY2023Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Lease Assets RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseAssets	903000	usd
CY2022Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Lease Assets RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseAssets	0	usd
CY2023Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Assets RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	478205000	usd
CY2022Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Assets RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	360495000	usd
CY2023Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Lease Liabilities RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiabilities	32000	usd
CY2022Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Lease Liabilities RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiabilities	0	usd
CY2023Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Net RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	478173000	usd
CY2022Q2	eprt	Recognized Identifiable Assets Acquired And Liabilities Assumed Net RecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	360495000	usd
	eprt	Number Of Real Estate Properties Acquired Fee Simple NumberOfRealEstatePropertiesAcquiredFeeSimple	133	property
	eprt	Number Of Properties Acquired Subject To Ground Lease NumberOfPropertiesAcquiredSubjectToGroundLease	1	property
	eprt	Capitalized Interest Expense CapitalizedInterestExpense	1000000	usd
	eprt	Capitalized Interest Expense CapitalizedInterestExpense	100000	usd
	eprt	Number Of Acquisitions Individually Represented More Than Five Percentage Of Investment Activity NumberOfAcquisitionsIndividuallyRepresentedMoreThanFivePercentageOfInvestmentActivity	0	investment
	eprt	Number Of Acquisitions Individually Represented More Than Five Percentage Of Investment Activity NumberOfAcquisitionsIndividuallyRepresentedMoreThanFivePercentageOfInvestmentActivity	0	investment
CY2021Q4	eprt	Number Of Investment Locations NumberOfInvestmentLocations	1451	investmentlocation
CY2021Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	3355561000	usd
	eprt	Number Of Acquisitions And Additions To Real Investment Locations NumberOfAcquisitionsAndAdditionsToRealInvestmentLocations	85	investmentlocation
	eprt	Acquisitions And Additions To Real Estate Investments AcquisitionsAndAdditionsToRealEstateInvestments	363949000	usd
	eprt	Number Of Investment Locations Sold In Real Estate NumberOfInvestmentLocationsSoldInRealEstate	16	investmentlocation
	eprt	Sales Of Investments In Real Estate SalesOfInvestmentsInRealEstate	38178000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	10193000	usd
	eprt	Number Of Investment Locations Investments In Loans Receivable NumberOfInvestmentLocationsInvestmentsInLoansReceivable	59	investmentlocation
	eprt	Investments In Loans Receivable InvestmentsInLoansReceivable	63982000	usd
	eprt	Number Of Investment Locations Principal Collections On Direct Financing Lease Receivables NumberOfInvestmentLocationsPrincipalCollectionsOnDirectFinancingLeaseReceivables	18	investmentlocation
	eprt	Principal Collections On Loans And Direct Financing Lease Receivables PrincipalCollectionsOnLoansAndDirectFinancingLeaseReceivables	58139000	usd
	eprt	Other Real Estate Investments Adjustments OtherRealEstateInvestmentsAdjustments	1146000	usd
CY2022Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	3675836000	usd
CY2022Q2	eprt	Real Estate Investment Property Accumulated Depreciation And Amortization RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization	238402000	usd
CY2022Q2	eprt	Number Of Investment Locations NumberOfInvestmentLocations	1561	investmentlocation
CY2022Q2	eprt	Net Investments In Real Estate Related Assets NetInvestmentsInRealEstateRelatedAssets	3437434000	usd
CY2022Q4	eprt	Number Of Investment Locations NumberOfInvestmentLocations	1653	investmentlocation
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	4055385000	usd
	eprt	Number Of Acquisitions And Additions To Real Investment Locations NumberOfAcquisitionsAndAdditionsToRealInvestmentLocations	134	investmentlocation
	eprt	Acquisitions And Additions To Real Estate Investments AcquisitionsAndAdditionsToRealEstateInvestments	480022000	usd
	eprt	Number Of Investment Locations Sold In Real Estate NumberOfInvestmentLocationsSoldInRealEstate	32	investmentlocation
	eprt	Sales Of Investments In Real Estate SalesOfInvestmentsInRealEstate	65950000	usd
	eprt	Number Of Investment Locations Relinquishment Of Properties At End Of Ground Lease Term NumberOfInvestmentLocationsRelinquishmentOfPropertiesAtEndOfGroundLeaseTerm	1	investmentlocation
	eprt	Investments In Relinquishment Of Properties At End Of Ground Lease Term InvestmentsInRelinquishmentOfPropertiesAtEndOfGroundLeaseTerm	837000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	1479000	usd
	eprt	Number Of Investment Locations Investments In Loans And Direct Financing Lease Receivables NumberOfInvestmentLocationsInvestmentsInLoansAndDirectFinancingLeaseReceivables	1	investmentlocation
	eprt	Investments In Loans Receivable And Direct Financing Lease Receivables InvestmentsInLoansReceivableAndDirectFinancingLeaseReceivables	6800000	usd
	eprt	Number Of Investment Locations Principal Collections On Direct Financing Lease Receivables NumberOfInvestmentLocationsPrincipalCollectionsOnDirectFinancingLeaseReceivables	13	investmentlocation
	eprt	Principal Collections On Loans And Direct Financing Lease Receivables PrincipalCollectionsOnLoansAndDirectFinancingLeaseReceivables	19452000	usd
	eprt	Other Real Estate Investments Adjustments OtherRealEstateInvestmentsAdjustments	2394000	usd
CY2023Q2	eprt	Real Estate Investment Property Accumulated Depreciation And Amortization RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization	318862000	usd
CY2023Q2	eprt	Number Of Investment Locations NumberOfInvestmentLocations	1742	investmentlocation
CY2023Q2	eprt	Net Investments In Real Estate Related Assets NetInvestmentsInRealEstateRelatedAssets	4133233000	usd
CY2023Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	280500000	usd
CY2022Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	206400000	usd
CY2023Q2	eprt	Number Of Loan Receivable Agreements Secured NumberOfLoanReceivableAgreementsSecured	20	loan
CY2022Q4	eprt	Number Of Loan Receivable Agreements Secured NumberOfLoanReceivableAgreementsSecured	23	loan
CY2022Q4	eprt	Number Of Loan Receivable Agreements Secured By Lease NumberOfLoanReceivableAgreementsSecuredByLease	3	lease
CY2023Q2	eprt	Number Of Loan Receivable Agreements Secured By Lease NumberOfLoanReceivableAgreementsSecuredByLease	3	lease
CY2023Q2	eprt	Loans Receivable After Allowance For Credit Loss LoansReceivableAfterAllowanceForCreditLoss	226600000	usd
CY2022Q4	eprt	Loans Receivable After Allowance For Credit Loss LoansReceivableAfterAllowanceForCreditLoss	238700000	usd
	us-gaap	Concentration Risk Credit Risk Financial Instrument Maximum Exposure ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure	226600000	usd
CY2023Q2	eprt	Loans Receivable Gross Carrying Amount LoansReceivableGrossCarryingAmount	226638000	usd
CY2022Q4	eprt	Loans Receivable Gross Carrying Amount LoansReceivableGrossCarryingAmount	238695000	usd
CY2023Q2	eprt	Loans Receivable Principal Payments Due Year Two LoansReceivablePrincipalPaymentsDueYearTwo	234000	usd
CY2023Q2	eprt	Loans Receivable Principal Payments Due Year Three LoansReceivablePrincipalPaymentsDueYearThree	248000	usd
CY2023Q2	eprt	Loans Receivable Principal Payments Due Year Four LoansReceivablePrincipalPaymentsDueYearFour	21679000	usd
CY2023Q2	eprt	Loans Receivable Principal Payments Due Remainder Of Fiscal Year LoansReceivablePrincipalPaymentsDueRemainderOfFiscalYear	5742000	usd
CY2023Q2	eprt	Loans Receivable Principal Payments Due Year One LoansReceivablePrincipalPaymentsDueYearOne	2766000	usd
CY2023Q2	eprt	Loans Receivable Principal Payments Due After Year Four LoansReceivablePrincipalPaymentsDueAfterYearFour	195969000	usd
CY2023Q2	eprt	Loans Receivable Gross Carrying Amount LoansReceivableGrossCarryingAmount	226638000	usd
CY2023Q2	us-gaap	Direct Financing Lease Net Investment In Lease Excluding Accrued Interest Before Allowance For Credit Loss DirectFinancingLeaseNetInvestmentInLeaseExcludingAccruedInterestBeforeAllowanceForCreditLoss	1500000	usd
CY2022Q4	us-gaap	Direct Financing Lease Net Investment In Lease Excluding Accrued Interest Before Allowance For Credit Loss DirectFinancingLeaseNetInvestmentInLeaseExcludingAccruedInterestBeforeAllowanceForCreditLoss	2100000	usd
CY2023Q2	us-gaap	Direct Financing Lease Lease Receivable DirectFinancingLeaseLeaseReceivable	1837000	usd
CY2022Q4	us-gaap	Direct Financing Lease Lease Receivable DirectFinancingLeaseLeaseReceivable	2812000	usd
CY2023Q2	us-gaap	Direct Financing Lease Unguaranteed Residual Asset DirectFinancingLeaseUnguaranteedResidualAsset	250000	usd
CY2022Q4	us-gaap	Direct Financing Lease Unguaranteed Residual Asset DirectFinancingLeaseUnguaranteedResidualAsset	251000	usd
CY2023Q2	us-gaap	Direct Financing Lease Deferred Selling Profit DirectFinancingLeaseDeferredSellingProfit	577000	usd
CY2022Q4	us-gaap	Direct Financing Lease Deferred Selling Profit DirectFinancingLeaseDeferredSellingProfit	957000	usd
CY2023Q2	us-gaap	Direct Financing Lease Net Investment In Lease Excluding Accrued Interest Before Allowance For Credit Loss DirectFinancingLeaseNetInvestmentInLeaseExcludingAccruedInterestBeforeAllowanceForCreditLoss	1510000	usd
CY2022Q4	us-gaap	Direct Financing Lease Net Investment In Lease Excluding Accrued Interest Before Allowance For Credit Loss DirectFinancingLeaseNetInvestmentInLeaseExcludingAccruedInterestBeforeAllowanceForCreditLoss	2106000	usd
CY2023Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear	128000	usd
CY2023Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths	210000	usd
CY2023Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears	178000	usd
CY2023Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears	167000	usd
CY2023Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears	143000	usd
CY2023Q2	eprt	Sales Type And Direct Financing Leases Lease Receivable To Be Received After Year Four SalesTypeAndDirectFinancingLeasesLeaseReceivableToBeReceivedAfterYearFour	1011000	usd
CY2023Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived	1837000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	700000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	800000	usd
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	814000	usd
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	167000	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	137000	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	0	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	765000	usd
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-22000	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
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear	6800000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear	107574000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear	54000000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear	10004000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear	48260000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	81943000	usd
CY2022Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	66874000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	158409000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	131987000	usd
CY2023Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	856000	usd
CY2022Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	624000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	1586000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	1283000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	82799000	usd
CY2022Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	67498000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	159995000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	133270000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	7700000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	8700000	usd
CY2023Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P22Y9M18D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P22Y10M24D
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0618
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0609
CY2023Q2	us-gaap	Lease Cost LeaseCost	374000	usd
CY2022Q2	us-gaap	Lease Cost LeaseCost	368000	usd
	us-gaap	Lease Cost LeaseCost	749000	usd
	us-gaap	Lease Cost LeaseCost	737000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	715000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1341000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	1244000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	711000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	724000	usd
CY2023Q2	eprt	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	16263000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	20998000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	12333000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	8665000	usd
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1430000000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1430000000	usd
CY2023Q2	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.052
CY2022Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.046
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	0	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	200000000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	430000000	usd
CY2023Q2	eprt	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	800000000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	1430000000	usd
	us-gaap	Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred	29600000	usd
CY2023Q2	eprt	Derivative Asset Including Accrued Interest DerivativeAssetIncludingAccruedInterest	48300000	usd
CY2023Q2	eprt	Derivative Liability Including Accrued Interest DerivativeLiabilityIncludingAccruedInterest	700000	usd
CY2022Q4	eprt	Derivative Asset Including Accrued Interest DerivativeAssetIncludingAccruedInterest	48200000	usd
CY2022Q4	eprt	Derivative Liability Including Accrued Interest DerivativeLiabilityIncludingAccruedInterest	2400000	usd
CY2023Q2	eprt	Derivative Asset Termination Value DerivativeAssetTerminationValue	47600000	usd
CY2022Q4	eprt	Derivative Asset Termination Value DerivativeAssetTerminationValue	45900000	usd
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	4300808	shares
CY2023Q2	us-gaap	Profit Loss ProfitLoss	53000000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	35812000	usd
	us-gaap	Profit Loss ProfitLoss	96056000	usd
	us-gaap	Profit Loss ProfitLoss	62630000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	198000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	159000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	358000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	278000	usd
CY2023Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	102000	usd
CY2022Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	97000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	203000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	187000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	52700000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	35556000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	95495000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	62165000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	198000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	159000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	358000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	278000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	52898000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	35715000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	95853000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	62443000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	150492454	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	131280923	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	147466412	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	129077238	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	0	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	9041	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	325	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	9041	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	150492454	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	131271882	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	147466087	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	129068197	shares
CY2022Q2	eprt	Incremental Common Shares Attributable To Dilutive Effect Through Sale Of Stock Transactions IncrementalCommonSharesAttributableToDilutiveEffectThroughSaleOfStockTransactions	0	shares
	eprt	Incremental Common Shares Attributable To Dilutive Effect Through Sale Of Stock Transactions IncrementalCommonSharesAttributableToDilutiveEffectThroughSaleOfStockTransactions	357357	shares
	eprt	Incremental Common Shares Attributable To Dilutive Effect Through Sale Of Stock Transactions IncrementalCommonSharesAttributableToDilutiveEffectThroughSaleOfStockTransactions	0	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	151522350	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132019501	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	148776458	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	129983198	shares
	eprt	Reimbursement To Tenants For Construction Finance ReimbursementToTenantsForConstructionFinance	159100000	usd
	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent Of Match DefinedContributionPlanEmployerMatchingContributionPercentOfMatch	1
	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent DefinedContributionPlanEmployerMatchingContributionPercent	0.06
CY2023Q2	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	41000	usd
CY2022Q2	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	37000	usd
	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	195000	usd
	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	206000	usd

Files In Submission

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$EPRT
Essential Properties Realty Trust Inc Stock $eprt

2023 Q3 Form 10-Q Financial Statement

#000172895123000084 Filed on July 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EPRT Essential Properties Realty Trust Inc Stock $eprt

2023 Q3 Form 10-Q Financial Statement

#000172895123000084 Filed on July 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EPRT
Essential Properties Realty Trust Inc Stock $eprt