EPR PROPERTIES EPR Income Statement

Epr properties (EPR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Income Statement [Abstract]
Rental revenue
135,043	134,138	161,262	157,330	140,292	98,238	140,905	137,019	132,924	84,179	126,561	123,410	107,037	123,069	102,282	96,055	93,778	90,580	85,706	77,860	76,740	75,914	74,410	69,918	66,431	65,952	62,209	60,160	60,388	59,199	59,755	58,305	57,258	51,478	56,849	56,024	55,382	48,577	56,795	53,850	53,909	49,210	48,207
Tenant reimbursements
-	-	-	-	-	-	-	-	-	-	-	-	3,749	-	3,821	3,891	3,865	4,334	3,718	3,965	4,303	4,308	4,486	4,281	4,588	4,653	4,552	4,452	4,744	4,780	4,608	4,365	4,822	4,370	4,419	4,515	4,661	4,655	4,153	4,013	4,279	4,067	3,560
Other income
7,573	8,386	11,464	5,726	344	435	365	646	630	577	522	1,304	692	3,227	2,476	2,126	1,210	1,213	718	1,148	550	303	345	187	174	113	1,441	104	24	403	203	107	25	54	165	131	24	20	235	45	236	441	728
Interest and Fee Income, Loans, Commercial and Residential, Real Estate
8,396	-1,642	12,136	12,642	9,891	7,004	35,139	65,202	21,414	9,022	24,314	23,068	17,634	16,112	17,031	15,961	19,915	15,861	18,193	18,285	17,843	24,144	19,497	17,401	18,664	18,602	19,639	18,236	17,795	17,115	16,976	15,212	14,674	13,725	14,541	13,747	13,551	13,181	13,295	13,013	12,592	11,650	11,224
Revenues
151,012	140,882	184,862	175,698	150,527	105,677	176,409	202,867	154,968	90,029	151,397	147,782	129,112	130,831	125,610	118,033	118,768	111,988	108,335	101,258	99,436	104,669	98,738	91,787	89,857	89,320	87,841	82,952	82,951	81,497	81,542	77,989	76,779	69,627	75,974	74,417	73,618	66,433	74,478	70,921	71,016	65,368	63,719
Property operating expense
13,093	15,754	14,663	14,771	15,551	7,788	6,968	7,334	7,564	12,565	6,340	6,072	6,350	5,915	5,626	5,580	5,481	5,810	5,496	5,770	6,357	6,961	5,948	5,539	6,449	6,412	6,579	5,990	7,035	6,915	5,939	5,687	6,374	5,504	5,955	6,579	6,166	3,855	6,675	5,962	6,225	5,423	4,699
Other expense
9,534	10,173	11,403	8,091	0	-	118	0	-	-	0	-	-	0	0	0	5	115	221	210	102	206	248	219	98	118	204	187	149	238	455	339	350	-154	597	677	493	340	340	89	337	587	854
General and Administrative Expense
10,988	10,831	11,600	12,230	11,710	12,165	11,424	12,976	12,324	9,596	12,070	10,660	11,057	10,234	9,091	9,000	9,218	8,101	7,482	7,756	7,682	6,306	6,719	7,079	7,462	6,146	6,764	6,051	6,652	5,396	5,486	5,821	6,467	5,045	4,555	5,105	5,468	4,427	4,076	4,633	5,089	3,511	4,239
Severance Costs
0	-	1,521	-	420	-	0	-	-	-	-	-	-	-	-	-	-	0	0	0	18,578	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement expense
-	-	0	0	-	-	0	-2,090	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write off of Deferred Debt Issuance Cost
-	-	38,407	0	-	0	0	15	31,943	58	1,477	9	5	0	14	339	552	9	18	243	0	-	0	0	-	-	223	5,943	-	-	477	0	-	-4,286	0	0	6,163	-	-	11,383	-	0	117
Gain on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	0	977	-	-	0	0	-	-	-	-	-	-	-	-	-	0	0	0	4,539	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Interest Expense
34,753	35,121	36,640	36,278	33,963	33,878	33,576	34,079	34,337	35,608	34,194	32,967	30,692	26,834	24,265	22,756	23,289	20,792	20,529	20,007	18,587	20,015	20,801	20,555	19,899	20,632	20,435	20,000	19,989	20,062	19,994	18,459	18,141	17,273	17,911	17,287	18,824	17,216	19,227	16,946	16,945	17,595	15,739
Transaction costs
1,075	5,784	5,959	6,923	5,123	1,583	1,101	405	609	135	113	218	57	2,988	2,947	1,490	444	700	783	4,429	1,606	1,131	369	756	196	1,096	317	224	318	31	184	31	158	233	145	76	1,273	141	11	73	292	40	37
Financing Receivable, Credit Loss, Expense (Reversal)
1,192	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,777	-	-	-	0	-	-	-	-	-	-	-	-	-	-	0	0	0	700	65,757	-
Impairment charges
-	-	0	0	-	-	0	16,548	-	-	0	10,195	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-924	0	0	3,998	-21,767	0	24,298	0	-	-	-	-	-	-
Depreciation and amortization
43,810	35,343	45,134	42,355	36,002	24,506	38,623	37,582	37,684	25,438	34,694	33,148	28,077	28,351	27,601	25,666	25,955	24,915	23,498	21,849	19,355	17,989	17,421	16,002	15,327	14,807	13,141	13,176	12,822	11,156	11,733	12,069	11,740	7,461	11,861	11,782	11,871	9,299	11,582	11,068	11,127	10,868	10,183
Income before equity in (loss) income from joint ventures, other items and discontinued operations
36,567	25,385	19,535	55,050	47,758	8,759	84,599	91,838	30,507	14,680	62,509	55,490	52,874	56,509	56,066	53,202	53,824	51,546	50,308	40,994	27,169	51,760	43,455	41,637	40,426	40,109	40,178	31,381	40,525	38,473	37,274	35,583	29,551	60,318	34,950	8,613	23,360	30,692	32,567	20,767	30,301	-38,413	27,851
Equity in loss from joint ventures
-420	-905	-435	470	489	-5	20	-88	51	-14	35	59	-8	118	203	86	212	268	339	198	164	395	300	267	311	230	351	466	351	358	342	278	47	616	676	781	774	776	706	423	233	229	225
Gain on sale of real estate
220	-19,515	14,303	9,774	-388	349	2,215	473	0	13,480	997	25,461	2,004	1,430	1,615	2,270	0	0	-95	0	23,924	879	0	0	330	3,017	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
gain on sale of investment in direct financing lease
-	-	0	-	-	-	5,514	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	220	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
36,367	4,965	33,403	65,294	47,859	9,103	92,348	92,223	30,558	28,146	63,541	81,010	54,870	58,057	57,884	55,558	54,036	51,814	50,552	41,192	51,257	53,034	43,755	42,124	41,067	48,209	40,529	31,847	40,876	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefit (expense)
-751	-530	-600	-1,300	-605	108	515	642	1,020	383	587	475	954	-84	358	423	-144	-936	498	-7,506	8,426	896	1,047	1,360	925	-14,176	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
37,118	-	-	-	48,464	-	-	-	-	-	-	-	-	-	-	-	-	52,750	50,054	48,698	42,831	52,138	42,708	40,764	40,142	62,385	40,529	31,847	40,876	38,831	37,616	35,861	29,598	60,934	35,626	9,394	24,134	31,468	33,273	21,190	30,534	-38,184	28,076
Income from discontinued operations before other items
0	-	-	-	10,169	-	-	-	-	-	-	-	-	-	-	-	-	0	141	68	-10	497	-3	-4	15	134	-195	629	-235	101	-355	519	355	1,461	-79	566	1,331	2,151	1,572	-5,471	-2,679	-37,178	-2,080
Gain (Loss) on Disposition of Real Estate, Discontinued Operations
0	-	-	-	6,716	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
0	-	-	-	16,885	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-3,376	0	0	0	0	-	-	-	-	-	-	-	-	1	0	37	7,232	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,904	3,086	0	8,845	21,767	0	9,958	1,800	-	-	-	-	-	-
Costs associated with loan refinancing or payoff
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	225	-	-	-	-	-	-
Gain on sale of real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	523	3,168	0	565	-747	0	438	282	1,236	16	0	18,293	-	198	-934	-	0	-
Gain on acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	8,468	0	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,281	34,175	36,818	21,390	37,968	35,563	2	41,733	34,173	35,043	14,748	29,091	-75,362	25,996
Add: Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	24	19	18	25	11	0	2	-29	34	-840	-984	-16,071	-1,708
Net Income (Loss) Attributable to Parent
37,118	36,297	34,003	66,594	65,349	54,031	91,833	91,581	29,538	65,563	62,954	80,535	53,916	58,141	57,526	55,135	54,180	52,750	50,195	48,766	42,821	52,635	42,705	40,760	43,533	63,042	43,502	32,476	41,206	29,234	34,151	36,799	21,372	37,943	35,552	2	41,731	34,202	35,009	15,588	30,075	-59,291	27,704
Preferred dividend requirements
6,034	6,034	6,034	6,034	6,034	6,034	6,036	6,036	6,036	6,438	5,951	5,952	5,952	5,951	5,951	5,952	5,952	5,951	5,951	5,952	5,952	5,951	5,952	5,952	5,952	5,951	5,951	5,952	5,952	6,503	6,002	6,002	6,001	6,003	7,034	7,551	7,552	7,550	7,552	7,552	7,552	7,552	7,552
Preferred Share Redemption Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,769	-	-	-	-	-	-	-	-
Net Income (Loss) Available to Common Stockholders, Basic
31,084	30,263	27,969	60,560	59,315	47,997	85,797	85,545	23,502	54,668	57,003	74,583	47,964	52,190	51,575	49,183	48,228	46,799	44,244	42,814	36,869	46,684	36,753	34,808	37,581	57,091	37,551	26,524	35,254	18,843	28,149	30,797	15,371	31,940	25,749	-7,549	34,179	26,652	27,457	8,036	22,523	-66,843	20,152
Foreign currency translation adjustment
-16,495	-	-2,267	-	3,810	-	3,292	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in net unrealized gain (loss) on derivatives
3,931	-	1,752	-	-7,498	-	-1,543	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
24,554	-	33,488	-	61,661	-	93,582	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Earnings Per Share, Basic [Abstract]
Net income from continuing operations available to common shareholders of EPR Properties per basic share
0.40	-	-	-	0.57	-	-	-	-	-	-	-	-	-	-	-	-	0.77	0.76	0.75	0.65	0.82	0.68	0.65	0.65	1.14	0.73	0.55	0.74	0.60	0.67	0.64	0.51	1.18	0.55	0.04	0.36	0.51	0.55	0.30	0.54	-1.29	0.59
Net income from discontinued operations available to common shareholders of EPR Properties per basic share
0.00	-	-	-	0.22	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.07	0.02	0.06	0.01	0.01	-0.20	-0.07	0.02	-0.18	-0.49	0.00	-0.20	0.37	0.06	0.04	-0.12	-0.01	-0.60	-0.01
Net income available to common shareholders (in dollars per share)
0.40	0.37	0.36	0.80	0.79	0.65	1.15	1.15	0.32	0.75	0.77	1.02	0.75	0.82	0.81	0.77	0.77	0.78	0.76	0.75	0.65	0.82	0.68	0.65	0.72	1.16	0.79	0.56	0.75	0.40	0.60	0.66	0.33	0.69	0.55	-0.16	0.73	0.57	0.59	0.18	0.53	-1.89	0.58
Earnings Per Share, Diluted [Abstract]
Net income from continuing operations available to common shareholders of EPR Properties per diluted share
0.40	-	-	-	0.57	-	-	-	-	-	-	-	-	-	-	-	-	0.77	0.76	0.75	0.64	0.81	0.68	0.65	0.65	1.13	0.73	0.55	0.74	0.61	0.67	0.63	0.50	1.17	0.55	0.04	0.36	0.51	0.55	0.30	0.53	-1.29	0.59
Net income from discontinued operations available to common shareholders of EPR Properties per diluted share
0.00	-	-	-	0.22	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.00	0.00	0.00	0.01	0.00	0.00	0.06	0.01	0.06	0.01	0.01	-0.21	-0.07	0.02	-0.17	-0.49	0.00	-0.20	0.37	0.07	0.03	-0.12	-0.01	-0.60	-0.01
Net income available to common shareholders (in dollars per share)
0.40	0.38	0.36	0.79	0.79	0.65	1.15	1.15	0.32	0.75	0.77	1.02	0.75	0.82	0.81	0.77	0.77	0.78	0.76	0.75	0.64	0.82	0.68	0.65	0.71	1.14	0.79	0.56	0.75	0.40	0.60	0.65	0.33	0.68	0.55	-0.16	0.73	0.58	0.58	0.18	0.52	-1.89	0.58
Shares used for computation (in thousands):
Weighted Average Number of Shares Outstanding, Basic
78,467	78,509	77,632	76,164	74,679	74,348	74,345	74,329	74,146	73,909	73,663	73,159	64,033	63,641	63,627	63,592	62,664	60,158	58,083	57,200	57,111	57,185	53,792	53,458	52,541	50,828	47,349	47,081	46,854	46,849	46,840	46,826	46,677	46,729	46,680	46,648	46,503	46,594	46,511	44,869	42,850	35,445	34,970
Weighted Average Number of Shares Outstanding, Diluted
78,476	78,540	77,664	76,199	74,725	74,399	74,404	74,365	74,180	73,965	73,724	73,225	64,102	63,727	63,747	63,678	62,744	60,210	58,278	57,446	57,378	57,402	54,001	53,654	52,719	50,991	47,524	47,294	47,047	47,093	47,090	47,068	46,945	46,925	46,918	46,956	46,805	47,056	46,809	45,214	43,141	35,445	34,992