Form 8-K

8-K — EPR PROPERTIES

Accession: 0001045450-26-000040

Filed: 2026-07-29

Period: 2026-07-29

CIK: 0001045450

SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — epr-20260729.htm (Primary)

EX-99.1 — PRESS RELEASE (ex991-eprx6302026earningsr.htm)

EX-99.2 — EARNINGS RELEASE PRESENTATION (q22026earningscallpresen.htm)

EX-99.3 — SUPPLEMENTAL OPERATING AND FINANCIAL DATA (ex993-eprx6302026supplemen.htm)

GRAPHIC (amca02a.jpg)

GRAPHIC (aquatopiaa02a.jpg)

GRAPHIC (chart-30838770d3614df2a42a.jpg)

GRAPHIC (epr2021logo_tagxrgb1a.jpg)

GRAPHIC (epr2021logo_tagxrgba.jpg)

GRAPHIC (header-updateda.jpg)

GRAPHIC (iptgraphica02a.jpg)

GRAPHIC (portfoliocompositionnewa02a.jpg)

GRAPHIC (q22026earningscallpresen001.jpg)

GRAPHIC (q22026earningscallpresen002.jpg)

GRAPHIC (q22026earningscallpresen003.jpg)

GRAPHIC (q22026earningscallpresen004.jpg)

GRAPHIC (q22026earningscallpresen005.jpg)

GRAPHIC (q22026earningscallpresen006.jpg)

GRAPHIC (q22026earningscallpresen007.jpg)

GRAPHIC (q22026earningscallpresen008.jpg)

GRAPHIC (q22026earningscallpresen009.jpg)

GRAPHIC (q22026earningscallpresen010.jpg)

GRAPHIC (q22026earningscallpresen011.jpg)

GRAPHIC (q22026earningscallpresen012.jpg)

GRAPHIC (q22026earningscallpresen013.jpg)

GRAPHIC (q22026earningscallpresen014.jpg)

GRAPHIC (q22026earningscallpresen015.jpg)

GRAPHIC (q22026earningscallpresen016.jpg)

GRAPHIC (q22026earningscallpresen017.jpg)

GRAPHIC (skia02a.jpg)

GRAPHIC (suppcoverq22026a.jpg)

GRAPHIC (topgolfa02a.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: epr-20260729.htm · Sequence: 1

epr-20260729

0001045450false00010454502026-07-292026-07-290001045450us-gaap:CommonStockMember2026-07-292026-07-290001045450us-gaap:SeriesCPreferredStockMember2026-07-292026-07-290001045450us-gaap:SeriesEPreferredStockMember2026-07-292026-07-290001045450us-gaap:SeriesGPreferredStockMember2026-07-292026-07-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 29, 2026

EPR Properties

(Exact name of registrant as specified in its charter)

Maryland 001-13561 43-1790877

(State or other jurisdiction of

incorporation) (Commission

File Number) (I.R.S. Employer

Identification No.)

909 Walnut Street, Suite 200

Kansas City, Missouri 64106

(Address of principal executive offices) (Zip Code)

(816) 472-1700

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered

Common shares, par value $0.01 per share EPR New York Stock Exchange

5.75% Series C cumulative convertible preferred shares, par value $0.01 per share EPR PrC New York Stock Exchange

9.00% Series E cumulative convertible preferred shares, par value $0.01 per share EPR PrE New York Stock Exchange

5.75% Series G cumulative redeemable preferred shares, par value $0.01 per share EPR PrG New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02 Results of Operations and Financial Condition.

On July 29, 2026, EPR Properties (the "Company") announced its results of operations and financial condition for the second quarter and six months ended June 30, 2026. The public announcement was made by means of a press release, the text of which is set forth in Exhibit 99.1 hereto and is hereby incorporated by reference herein.

Item 7.01 Regulation FD Disclosure.

In addition, on July 29, 2026, the Company made available on its website an investor slide presentation and supplemental operating and financial data for the second quarter and six months ended June 30, 2026, the text of which are set forth in Exhibits 99.2 and 99.3 hereto, respectively, and are hereby incorporated by reference herein.

The information set forth in Items 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibits 99.1, 99.2 and 99.3, is being “furnished” and shall not be deemed “filed” for the purposes of or otherwise subject to liabilities under Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

Item 9.01 Financial Statements and Exhibits.

Exhibit

No. Description

99.1

Press Release dated July 29, 2026 issued by EPR Properties announcing its results of operations and financial condition for the second quarter and six months ended June 30, 2026.

99.2

Investor slide presentation for the second quarter and six months ended June 30, 2026, made available by EPR Properties on July 29, 2026.

99.3

Supplemental Operating and Financial Data for the second quarter and six months ended June 30, 2026, made available by EPR Properties on July 29, 2026.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EPR PROPERTIES

By: /s/ Mark A. Peterson

Mark A. Peterson

Executive Vice President, Treasurer and Chief Financial

Officer

Date: July 29, 2026

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: ex991-eprx6302026earningsr.htm · Sequence: 2

Document

Exhibit 99.1

EPR Properties Reports Second Quarter 2026 Results

Increases 2026 Earnings and Investment Spending Guidance

Enters Into New $1.6 Billion Credit Agreement

Kansas City, MO, July 29, 2026 -- EPR Properties (NYSE:EPR) today announced operating results for the second quarter ended June 30, 2026 (dollars in thousands, except per share data):

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 % Change 2026 2025 % Change

Total revenue $ 196,079 $ 178,068 10.1 % $ 377,331 $ 353,101 6.9 %

Net income available to common shareholders 61,126 69,603 (12.2) % 117,704 129,374 (9.0) %

Net income available to common shareholders per diluted common share 0.79 0.91 (13.2) % 1.53 1.69 (9.5) %

Funds From Operations as adjusted (FFOAA)(1) 110,846 97,321 13.9 % 208,423 189,061 10.2 %

FFOAA per diluted common share (1) 1.42 1.26 12.7 % 2.67 2.45 9.0 %

Adjusted Funds From Operations (AFFO)(1) 111,750 95,834 16.6 % 211,881 188,780 12.2 %

AFFO per diluted common share (1) 1.43 1.24 15.3 % 2.71 2.44 11.1 %

(1) A non-GAAP financial measure

Second Quarter Company Headlines

•Strong Funds from Operations Growth - For the second quarter of 2026, FFOAA per diluted common share and AFFO per diluted common share increased by 12.7% and 15.3%, respectively, compared to the second quarter of 2025.

•Executes on Investment Pipeline - During the second quarter of 2026, the Company's investment spending totaled $440.8 million and included the previously announced acquisition of a portfolio of seven attraction properties from Six Flags Entertainment Corporation as well as investments in four other attraction and fitness and wellness properties.

•Enters Into Forward Sales Agreements Under Its ATM Program - During the second quarter of 2026, the Company entered into two forward sales agreements pursuant to its ATM Program for initial gross sales proceeds of $23.4 million, or an average forward price of $59.70 per share, subject to adjustment upon settlement. As of June 30, 2026, the Company had unsettled forward sales agreements with total estimated net proceeds of $69.5 million, representing 1,189,884 common shares.

•New $1.6 Billion Credit Agreement - Subsequent to quarter-end, the Company entered into a new amended and restated $1.6 billion credit agreement that, among other things, extends the maturity date and generally reduces the interest rate payable on its $1.0 billion unsecured revolving credit facility and establishes a new $600.0 million unsecured delayed draw term loan facility due in 2032.

•Increases 2026 Guidance - The Company is increasing FFOAA per diluted common share guidance for 2026 to a range of $5.41 to $5.57 from a range of $5.37 to $5.53, representing an increase of 7.2% at the midpoint over 2025. The Company is also increasing investment

spending guidance for 2026 to a range of $600.0 million to $700.0 million from a range of $500.0 million to $600.0 million and confirming disposition proceeds guidance of $50.0 million to $100.0 million.

"The second quarter marked a significant step forward in executing our growth strategy with the closing of our previously announced acquisition of the Six Flags portfolio of seven properties, as well as additional investments in attraction and fitness and wellness properties," stated Company Chairman and CEO Greg Silvers. "This disciplined growth, combined with continued strength across our experiential portfolio, drove strong quarterly earnings, while our new $1.6 billion credit agreement further enhances our liquidity and financial flexibility to pursue additional opportunities. We are increasing our 2026 earnings and investment spending guidance, underscoring our confidence in the durability of our growth."

Investment Update

The Company's investment spending during the three months ended June 30, 2026 totaled $440.8 million, bringing the total investment spending for the six months ended June 30, 2026 to $492.2 million. Investment spending for the quarter included the previously announced acquisition of seven attraction properties from Six Flags Entertainment Corporation for a total of $304.4 million with approximately $11.0 million anticipated to be invested in additional improvements to the properties over the next two years. Additionally, investment spending for the quarter included the acquisition of two attraction properties and one fitness and wellness property for a total of $114.3 million and mortgage financing of $12.8 million secured by a fitness and wellness property. The remaining investment spending for the quarter related to experiential build-to-suit development and redevelopment projects.

As of June 30, 2026, the Company expects approximately $92.0 million in additional investment spending for existing experiential development and redevelopment projects, of which approximately $65.0 million is expected to be funded in the remainder of 2026. The Company also has a strong pipeline of potential new investments.

ATM Activity

During the three months ended June 30, 2026, the Company entered into two forward sales agreements pursuant to its "at-the-market" offering program ("ATM Program") to sell an aggregate of 392,462 common shares for initial gross proceeds of $23.4 million, or an average forward price of $59.70 per share, subject to adjustment upon settlement. The Company has the option to settle the outstanding common shares any time before the respective maturity of the forward sales agreements on May 27, 2027 and June 30, 2027, subject to customary closing conditions, for the initial gross proceeds as adjusted for payment of commissions and applicable dividends as well as a daily adjustment based on the overnight bank borrowing rate less a spread. As of June 30, 2026, the Company had unsettled forward sales agreements with total estimated net proceeds of $69.5 million, representing 1,189,884 common shares.

New $1.6 Billion Credit Agreement

On July 17, 2026, the Company entered into a Fifth Amended, Restated and Consolidated Credit Agreement (the "Amended Credit Agreement"), governing its $1.0 billion senior unsecured revolving credit facility and a new $600.0 million senior unsecured delayed draw term loan facility. The Amended Credit Agreement replaced the Company’s existing $1.0 billion senior unsecured revolving credit facility.

The amendments to the unsecured revolving credit facility, among other things, (i) extend the maturity date from October 2, 2028 to July 17, 2030, with two six-month extension options, subject to the payment of additional fees and the satisfaction of customary conditions, (ii) generally reduce the interest rate payable on outstanding loans by 5 basis points, (iii) modify the asset value calculations under certain financial covenants to include the expected cash proceeds from the sale of common shares under qualified forward equity contracts and (iv) split the prior revolving facility’s $300.0 million foreign currency sublimit into a separate, stand-alone foreign currency revolving credit facility of the same size.

The Amended Credit Agreement also established a new senior unsecured delayed draw term loan facility that, among other things, (i) provides for an initial committed amount of $600.0 million that may be drawn upon prior to January 17, 2027, subject to earlier termination, (ii) bears interest based on the Company’s credit ratings (SOFR plus 115 basis points at closing), (iii) carries a ticking fee of 0.25% per annum on undrawn commitments beginning on October 16, 2026, and (iv) matures on January 17, 2032.

In addition, the Amended Credit Agreement includes a $1.0 billion accordion feature on the combined unsecured revolving credit and delayed draw term loan facilities that increases the maximum amount available under the combined facilities from $1.6 billion to $2.6 billion, at the Company’s election and subject to lender consent and customary conditions.

Portfolio Update

The Company's total assets were $6.1 billion (after accumulated depreciation of approximately $1.8 billion) and total investments (a non-GAAP financial measure) were $7.5 billion at June 30, 2026, with Experiential investments totaling $7.1 billion, or 95%, and Education investments totaling $0.4 billion, or 5%.

The Company's Experiential portfolio (excluding property under development, undeveloped land inventory and two joint venture properties) consisted of the following property types (owned or financed) at June 30, 2026:

•148 theatre properties;

•61 eat & play properties (including seven theatres located in entertainment districts);

•35 attraction properties;

•11 ski properties;

•four experiential lodging properties;

•30 fitness & wellness properties;

•one gaming property; and

•one cultural property.

As of June 30, 2026, the Company's wholly-owned Experiential portfolio consisted of approximately 19.5 million square feet, was 99% leased or operated and included a total of $10.0 million in property under development and $20.2 million in undeveloped land inventory.

The Company's Education portfolio consisted of the following property types (owned or financed) at June 30, 2026:

•46 early childhood education center properties; and

•nine private school properties.

As of June 30, 2026, the Company's wholly-owned Education portfolio consisted of approximately 1.1 million square feet and was 100% leased.

The combined wholly-owned portfolio consisted of 20.6 million square feet and was 99% leased or operated.

Dividend Information

The Company's Board of Trustees declared its monthly cash dividend to common shareholders during the second quarter of 2026 totaling $0.93 per share. This dividend represents an annualized dividend of $3.72 per common share, an increase of 5.1% over the prior year's annualized dividend (based upon the monthly dividend at the end of the prior year).

Additionally, the Company declared its regular quarterly dividends to preferred shareholders of $0.359375 per share on both the Company's 5.75% Series C cumulative convertible preferred shares and Series G cumulative redeemable preferred shares and $0.5625 per share on its 9.00% Series E cumulative convertible preferred shares, payable July 15, 2026 to shareholders of record as of June 30, 2026.

2026 Guidance

(Dollars in millions, except per share data):

Current Prior

Net income available to common shareholders per diluted common share $ 3.03 to $ 3.19 $ 3.03 to $ 3.19

FFOAA per diluted common share 5.41 to 5.57 5.37 to 5.53

Investment spending 600.0 to 700.0 500.0 to 600.0

Disposition proceeds 50.0 to 100.0 50.0 to 100.0

The Company is increasing its 2026 earnings guidance for FFOAA per diluted common share to a range of $5.41 to $5.57 from a range of $5.37 to $5.53, representing an increase of 7.2% at the midpoint over 2025. The 2026 guidance for FFOAA per diluted common share is based on an FFO per diluted common share range of $5.43 to $5.59 adjusted for retirement and severance expense, transaction costs, provision (benefit) for credit losses, net, and deferred income tax expense. FFO per diluted common share for 2026 is based on a net income available to common shareholders per diluted common share range of $3.03 to $3.19 plus estimated real estate depreciation and amortization of $2.46 and allocated share of joint venture depreciation of $0.05, less estimated gain on real estate transactions of $0.02 and the impact of Series C and Series E dilution of $0.09 (in accordance with the NAREIT definition of FFO).

Additional earnings guidance detail can be found on page 23 in the Company's supplemental information package available in the Investor Center of the Company's website located at https://investors.eprkc.com/financial-information/quarterly-results.

Conference Call Information

Management will host a conference call to discuss the Company's financial results on July 30, 2026 at 8:30 a.m. Eastern Time. The call may also include discussion of Company developments and forward-looking and other material information about business and financial matters. The conference will be webcast and can be accessed via the Webcasts page in the Investor Center on the Company's website located at https://investors.eprkc.com/events-presentations. It is recommended that you join 10 minutes prior to the start of the event (although you may register and join the webcast at any time during the call).

You may watch a replay of the webcast by visiting the Webcasts page at https://investors.eprkc.com/events-presentations.

Quarterly Supplemental

The Company's supplemental information package for the second quarter and six months ended June 30, 2026 is available in the Investor Center on the Company's website located at https://investors.eprkc.com/financial-information/quarterly-results.

EPR Properties

Consolidated Statements of Income

(Unaudited, dollars in thousands except per share data)

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

Rental revenue $ 169,033 $ 150,351 $ 324,218 $ 296,710

Other income 11,764 12,218 21,834 23,854

Mortgage and other financing income 15,282 15,499 31,279 32,537

Total revenue 196,079 178,068 377,331 353,101

Property operating expense 15,366 14,661 30,719 29,832

Other expense 11,064 11,959 22,053 24,570

General and administrative expense 13,976 13,230 28,218 27,254

Retirement and severance expense — — 1,423 —

Transaction costs 45 669 338 1,236

Provision (benefit) for credit losses, net 138 997 (5,459) 345

Depreciation and amortization 48,630 42,080 93,587 83,169

Total operating expenses 89,219 83,596 170,879 166,406

Gain on real estate transactions 182 16,779 1,209 26,163

Income from operations 107,042 111,251 207,661 212,858

Interest expense, net 38,275 33,246 73,038 66,267

Equity in loss from joint ventures 984 1,681 3,616 4,328

Income before income taxes 67,783 76,324 131,007 142,263

Income tax expense 617 681 1,231 817

Net income $ 67,166 $ 75,643 $ 129,776 $ 141,446

Preferred dividend requirements 6,040 6,040 12,072 12,072

Net income available to common shareholders of EPR Properties $ 61,126 $ 69,603 $ 117,704 $ 129,374

Net income available to common shareholders of EPR Properties per share:

Basic $ 0.80 $ 0.91 $ 1.54 $ 1.70

Diluted $ 0.79 $ 0.91 $ 1.53 $ 1.69

Shares used for computation (in thousands):

Basic 76,521 76,083 76,424 75,944

Diluted 77,017 76,571 76,897 76,404

EPR Properties

Condensed Consolidated Balance Sheets

(Unaudited, dollars in thousands)

June 30, 2026 December 31, 2025

Assets

Real estate investments, net of accumulated depreciation of $1,801,757 and $1,714,886 at June 30, 2026 and December 31, 2025, respectively

$ 4,953,959 $ 4,494,259

Land held for development 20,168 20,168

Property under development 10,046 54,905

Operating lease right-of-use assets 199,192 170,755

Mortgage notes and related accrued interest receivable, net of allowance for credit losses of $10,889 and $15,929 at June 30, 2026 and December 31, 2025, respectively

616,881 679,254

Investment in joint ventures 8,693 12,316

Cash and cash equivalents 16,197 90,577

Restricted cash 4,388 8,071

Accounts receivable 111,421 97,855

Other assets 111,168 71,602

Total assets $ 6,052,113 $ 5,699,762

Liabilities and Equity

Accounts payable and accrued liabilities $ 78,750 $ 99,392

Operating lease liabilities 231,884 204,747

Dividends payable 29,762 28,495

Unearned rents and interest 109,280 108,546

Debt 3,293,013 2,929,411

Total liabilities 3,742,689 3,370,591

Total equity $ 2,309,424 $ 2,329,171

Total liabilities and equity $ 6,052,113 $ 5,699,762

Non-GAAP Financial Measures

Funds From Operations (FFO), Funds From Operations As Adjusted (FFOAA) and Adjusted Funds From Operations (AFFO)

The National Association of Real Estate Investment Trusts (NAREIT) developed FFO as a relative non-GAAP financial measure of performance of an equity REIT in order to recognize that income-producing real estate historically has not depreciated on the basis determined under GAAP. Pursuant to the definition of FFO by the Board of Governors of NAREIT, the Company calculates FFO as net income available to common shareholders, computed in accordance with GAAP, excluding gains and losses on real estate transactions and impairment losses on real estate, plus real estate related depreciation and amortization, and after adjustments for unconsolidated partnerships, joint ventures and other affiliates. Adjustments for unconsolidated partnerships, joint ventures and other affiliates are calculated to reflect FFO on the same basis. The Company has calculated FFO for all periods presented in accordance with this definition.

In addition to FFO, the Company presents FFOAA and AFFO. FFOAA is presented by adding to FFO retirement and severance expense, transaction costs, provision (benefit) for credit losses, net, costs associated with loan refinancing or payoff, preferred share redemption costs and impairment of operating lease right-of-use assets and subtracting sale participation income, gain on insurance recovery and deferred income tax (benefit) expense. AFFO is presented by adding to FFOAA non-real estate depreciation and amortization, deferred financing fees amortization and share-based compensation expense to management and Trustees; and subtracting amortization of above and below market leases, net and tenant allowances, maintenance capital expenditures (including second-generation tenant improvements and leasing commissions), straight-lined rental revenue (removing the impact of straight-lined ground sublease expense), the non-cash portion of mortgage and other financing income and the allocated share of joint venture non-cash items.

FFO, FFOAA and AFFO are widely used measures of the operating performance of real estate companies and are provided here as supplemental measures to GAAP net income available to common shareholders and earnings per share, and management provides FFO, FFOAA and AFFO herein because it believes this information is useful to investors in this regard. FFO, FFOAA and AFFO are non-GAAP financial measures. FFO, FFOAA and AFFO do not represent cash flows from operations as defined by GAAP and are not indicative that cash flows are adequate to fund all cash needs and are not to be considered alternatives to net income or any other GAAP measure as a measurement of the results of our operations or our cash flows or liquidity as defined by GAAP. It should also be noted that not all REITs calculate FFO, FFOAA and AFFO the same way so comparisons with other REITs may not be meaningful.

The following table summarizes FFO, FFOAA and AFFO, including per share amounts for the three and six months ended June 30, 2026 and 2025, respectively, and reconciles such measures to net income available to common shareholders, the most directly comparable GAAP measure:

EPR Properties

Reconciliation of Non-GAAP Financial Measures

(Unaudited, dollars in thousands except per share data)

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

FFO:

Net income available to common shareholders of EPR Properties $ 61,126 $ 69,603 $ 117,704 $ 129,374

Gain on real estate transactions (182) (16,779) (1,209) (26,163)

Real estate depreciation and amortization 48,468 41,939 93,265 82,871

Allocated share of joint venture depreciation 996 985 1,992 2,021

FFO available to common shareholders of EPR Properties $ 110,408 $ 95,748 $ 211,752 $ 188,103

Add: Preferred dividends for Series C preferred shares 1,938 1,938 3,876 3,876

Add: Preferred dividends for Series E preferred shares 1,938 1,938 3,876 3,876

Diluted FFO available to common shareholders of EPR Properties $ 114,284 $ 99,624 $ 219,504 $ 195,855

FFOAA:

FFO available to common shareholders of EPR Properties $ 110,408 $ 95,748 $ 211,752 $ 188,103

Retirement and severance expense — — 1,423 —

Transaction costs 45 669 338 1,236

Provision (benefit) for credit losses, net 138 997 (5,459) 345

Deferred income tax expense (benefit) 255 (93) 369 (623)

FFOAA available to common shareholders of EPR Properties $ 110,846 $ 97,321 $ 208,423 $ 189,061

Add: Preferred dividends for Series C preferred shares 1,938 1,938 3,876 3,876

Add: Preferred dividends for Series E preferred shares 1,938 1,938 3,876 3,876

Diluted FFOAA available to common shareholders of EPR Properties $ 114,722 $ 101,197 $ 216,175 $ 196,813

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

AFFO:

FFOAA available to common shareholders of EPR Properties $ 110,846 $ 97,321 $ 208,423 $ 189,061

Non-real estate depreciation and amortization 162 141 322 298

Deferred financing fees amortization 2,699 2,102 5,371 4,308

Share-based compensation expense to management and trustees 4,296 3,912 8,395 7,779

Amortization of above and below market leases, net and tenant allowances (75) (81) (156) (162)

Maintenance capital expenditures (1) (509) (1,858) (720) (3,109)

Straight-lined rental revenue (5,006) (5,137) (8,496) (8,534)

Straight-lined ground sublease expense (282) — (331) 2

Non-cash portion of mortgage and other financing income (381) (566) (927) (863)

AFFO available to common shareholders of EPR Properties $ 111,750 $ 95,834 $ 211,881 $ 188,780

Add: Preferred dividends for Series C preferred shares 1,938 1,938 3,876 3,876

Add: Preferred dividends for Series E preferred shares 1,938 1,938 3,876 3,876

Diluted AFFO available to common shareholders of EPR Properties $ 115,626 $ 99,710 $ 219,633 $ 196,532

FFO per common share:

Basic $ 1.44 $ 1.26 $ 2.77 $ 2.48

Diluted 1.41 1.24 2.71 2.44

FFOAA per common share:

Basic $ 1.45 $ 1.28 $ 2.73 $ 2.49

Diluted 1.42 1.26 2.67 2.45

AFFO per common share:

Basic $ 1.46 $ 1.26 $ 2.77 $ 2.49

Diluted 1.43 1.24 2.71 2.44

Shares used for computation (in thousands):

Basic 76,521 76,083 76,424 75,944

Diluted 77,017 76,571 76,897 76,404

Weighted average shares outstanding-diluted EPS 77,017 76,571 76,897 76,404

Effect of dilutive Series C preferred shares 2,380 2,344 2,375 2,340

Effect of dilutive Series E preferred shares 1,674 1,667 1,673 1,666

Adjusted weighted average shares outstanding-diluted Series C and Series E 81,071 80,582 80,945 80,410

Other financial information:

Dividends per common share $ 0.930 $ 0.885 $ 1.830 $ 1.750

(1) Includes maintenance capital expenditures and certain second-generation tenant improvements and leasing commissions.

The conversion of the 5.75% Series C cumulative convertible preferred shares and the 9.00% Series E cumulative convertible preferred shares would be dilutive to FFO, FFOAA and AFFO per share for the three and six months ended June 30, 2026 and 2025. Therefore, the additional common

shares that would result from the conversion and the corresponding add-back of the preferred dividends declared on those shares are included in the calculation of diluted FFO, FFOAA and AFFO per share for those periods.

Net Debt and Proforma Net Debt

Net Debt represents debt (reported in accordance with GAAP) adjusted to exclude deferred financing costs, net and reduced for cash and cash equivalents. By excluding deferred financing costs, net, and reducing debt for cash and cash equivalents on hand, the result provides an estimate of the contractual amount of borrowed capital to be repaid, net of cash available to repay it. Proforma Net Debt is presented by subtracting the estimated net proceeds from forward sales agreements under the Company's ATM Program from Net Debt. The Company believes both of these calculations constitute beneficial supplemental non-GAAP financial disclosures to investors in understanding our financial condition. The Company's method of calculating Net Debt and Proforma Net Debt may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs.

Gross Assets

Gross Assets represents total assets (reported in accordance with GAAP) adjusted to exclude accumulated depreciation and reduced by cash and cash equivalents. By excluding accumulated depreciation and reducing cash and cash equivalents, the result provides an estimate of the investment made by the Company. The Company believes that investors commonly use versions of this calculation in a similar manner. The Company's method of calculating Gross Assets may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs.

Net Debt to Gross Assets Ratio and Proforma Net Debt to Gross Assets Ratio

Net Debt to Gross Assets Ratio and Proforma Net Debt to Gross Assets Ratio are supplemental measures derived from non-GAAP financial measures that the Company uses to evaluate capital structure and the magnitude of debt to gross assets. The Company believes that investors commonly use versions of these ratios in similar manners. The Company's method of calculating the Net Debt to Gross Assets Ratio and Proforma Net Debt to Gross Assets Ratio may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs.

EBITDAre

NAREIT developed EBITDAre as a relative non-GAAP financial measure of REITs, independent of a company's capital structure, to provide a uniform basis to measure the enterprise value of a company. Pursuant to the definition of EBITDAre by the Board of Governors of NAREIT, the Company calculates EBITDAre as net income, computed in accordance with GAAP, excluding interest expense (net), income tax (benefit) expense, depreciation and amortization, gains and losses on real estate transactions, impairment losses on real estate, costs associated with loan refinancing or payoff and adjustments for unconsolidated partnerships, joint ventures and other affiliates.

Management provides EBITDAre herein because it believes this information is useful to investors as a supplemental performance measure because it can help facilitate comparisons of operating performance between periods and with other REITs. The Company's method of calculating EBITDAre may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. EBITDAre is not a measure of performance under GAAP, does not represent cash generated from operations as defined by GAAP and is not indicative of cash available to fund all cash needs, including distributions. This measure should not be considered an alternative to net income or any other GAAP measure as a measurement of the results of the Company's operations or cash flows or liquidity as defined by GAAP.

Adjusted EBITDAre

to evaluate the Company. The Company defines Adjusted EBITDAre as EBITDAre (defined above) for the quarter excluding sale participation income, gain on insurance recovery, retirement and severance expense, transaction costs, provision (benefit) for credit losses, net, impairment losses on operating lease right-of-use assets and prepayment fees.

The Company's method of calculating Adjusted EBITDAre may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. Adjusted EBITDAre is not a measure of performance under GAAP, does not represent cash generated from operations as defined by GAAP and is not indicative of cash available to fund all cash needs, including distributions. This measure should not be considered as an alternative to net income or any other GAAP measure as a measurement of the results of the Company's operations or cash flows or liquidity as defined by GAAP.

Net Debt to Adjusted EBITDAre Ratio and Proforma Net Debt to Adjusted EBITDAre Ratio

Net Debt to Adjusted EBITDAre Ratio and Proforma Net Debt to Adjusted EBITDAre Ratio are supplemental measures derived from non-GAAP financial measures that the Company uses to evaluate our capital structure and the magnitude of our debt against our operating performance. The Company believes that investors commonly use versions of these ratios in similar manners. In addition, financial institutions use versions of these ratios in connection with debt agreements to set pricing and covenant limitations. The Company's method of calculating the Net Debt to Adjusted EBITDAre Ratio and Proforma Net Debt to Adjusted EBITDAre Ratio may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs.

Reconciliations of debt, total assets and net income (all reported in accordance with GAAP) to Net Debt, Proforma Net Debt, Gross Assets, Net Debt to Gross Assets Ratio, Proforma Net Debt to Gross Assets Ratio, EBITDAre, Adjusted EBITDAre, Net Debt to Adjusted EBITDAre Ratio and Proforma Net Debt to Adjusted EBITDAre Ratio (each of which is a non-GAAP financial measure), as applicable, are included in the following tables (unaudited, in thousands except ratios):

June 30,

2026 2025

Net Debt:

Debt $ 3,293,013 $ 2,792,970

Deferred financing costs, net 21,579 16,622

Cash and cash equivalents (16,197) (12,955)

Net Debt $ 3,298,395 $ 2,796,637

Proforma Net Debt:

Net Debt $ 3,298,395 $ 2,796,637

Estimated net proceeds from forward sales agreements (1) (69,536) —

Proforma Net Debt $ 3,228,859 $ 2,796,637

Gross Assets:

Total Assets $ 6,052,113 $ 5,560,880

Accumulated depreciation 1,801,757 1,641,916

Cash and cash equivalents (16,197) (12,955)

Gross Assets $ 7,837,673 $ 7,189,841

Debt to Total Assets Ratio 54 % 50 %

Net Debt to Gross Assets Ratio 42 % 39 %

Proforma Net Debt to Gross Assets Ratio 41 % 39 %

Three Months Ended June 30,

2026 2025

EBITDAre and Adjusted EBITDAre:

Net income $ 67,166 $ 75,643

Interest expense, net 38,275 33,246

Income tax expense 617 681

Depreciation and amortization 48,630 42,080

Gain on real estate transactions (182) (16,779)

Allocated share of joint venture depreciation 996 985

Allocated share of joint venture interest expense 502 430

EBITDAre $ 156,004 $ 136,286

Transaction costs 45 669

Provision (benefit) for credit losses, net 138 997

Adjusted EBITDAre (for the quarter) $ 156,187 $ 137,952

Adjusted EBITDAre (annualized) (2) $ 624,748 $ 551,808

Net Debt/Adjusted EBITDAre Ratio 5.3 5.1

Proforma Net Debt/Adjusted EBITDAre Ratio 5.2 5.1

(1) Represents proforma adjustment for estimated net proceeds from forward sales agreements that have not settled as if they have been physically settled for cash as of the date presented. Settlement of these shares is subject to customary closing conditions, and actual net proceeds will be net of costs and certain adjustments calculated on the settlement date.

(2) Adjusted EBITDA for the quarter is multiplied by four to calculate an annualized amount but does not include the annualization of investments put in service, acquired or disposed of during the quarter, as well as the potential earnings on property under development, the annualization of percentage rent and participating interest and adjustments for other items. See detailed calculation and reconciliation of Annualized Adjusted EBITDAre and Net Debt/Annualized EBITDAre ratio that includes these adjustments in the Company's Supplemental Operating and Financial Data for the quarter ended June 30, 2026.

Total Investments

Total investments is a non-GAAP financial measure defined as the sum of the carrying values of real estate investments (before accumulated depreciation), land held for development, property under development, mortgage notes receivable and related accrued interest receivable, net, investment in joint ventures, intangible assets, gross (before accumulated amortization and included in other assets) and notes receivable and related accrued interest receivable, net (included in other assets). Total investments is a useful measure for management and investors as it illustrates across which asset categories the Company's funds have been invested. Our method of calculating total investments may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. A reconciliation of total assets (computed in accordance with GAAP) to total investments is included in the following table (unaudited, in thousands):

June 30, 2026 December 31, 2025

Total assets $ 6,052,113 $ 5,699,762

Operating lease right-of-use assets (199,192) (170,755)

Cash and cash equivalents (16,197) (90,577)

Restricted cash (4,388) (8,071)

Accounts receivable (111,421) (97,855)

Add: accumulated depreciation on real estate investments 1,801,757 1,714,886

Add: accumulated amortization on intangible assets (1) 32,929 31,584

Prepaid expenses and other current assets (1) (42,561) (37,237)

Total investments $ 7,513,040 $ 7,041,737

Total Investments:

Real estate investments, net of accumulated depreciation $ 4,953,959 $ 4,494,259

Add back accumulated depreciation on real estate investments 1,801,757 1,714,886

Land held for development 20,168 20,168

Property under development 10,046 54,905

Mortgage notes and related accrued interest receivable, net 616,881 679,254

Investment in joint ventures 8,693 12,316

Intangible assets, gross (1) 99,022 63,239

Notes receivable and related accrued interest receivable, net (1) 2,514 2,710

Total investments $ 7,513,040 $ 7,041,737

(1) Included in other assets in the accompanying consolidated balance sheet. Other assets include the following:

June 30, 2026 December 31, 2025

Intangible assets, gross $ 99,022 $ 63,239

Less: accumulated amortization on intangible assets (32,929) (31,584)

Notes receivable and related accrued interest receivable, net 2,514 2,710

Prepaid expenses and other current assets 42,561 37,237

Total other assets $ 111,168 $ 71,602

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have total assets of approximately $6.1 billion (after accumulated depreciation of approximately $1.8 billion) across 43 states and Canada. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns. Further information is available at www.eprkc.com.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

The financial results in this press release reflect preliminary, unaudited results, which are not final until the Company’s Quarterly Report on Form 10-Q is filed. With the exception of historical information, certain statements contained or incorporated by reference herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), such as those pertaining to our guidance, our capital resources and liquidity, our pursuit of growth opportunities, the timing of transaction closings and investment spending, our ongoing negotiations to exit from certain joint ventures or the ultimate terms of any such exit, our expected cash flows, the performance of our customers, our expected cash collections and our results of operations and financial condition. The forward-looking statements presented herein are based on the Company's current expectations. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of actual events. There is no assurance that the events or circumstances reflected in the forward-looking statements will occur. You can identify forward-looking statements by use of words such as “will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “pipeline,” “estimates,” “offers,” “plans,” “would” or other similar expressions or other comparable terms or discussions of strategy, plans or intentions contained or incorporated by reference herein. Forward-looking statements necessarily are dependent on assumptions, data or methods that may be incorrect or imprecise. These forward-looking statements represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Many of the factors that will determine these items are beyond our ability to control or predict. For further discussion of these factors see “Item 1A. Risk Factors” in our most recent Annual Report on Form 10-K and, to the extent applicable, our Quarterly Reports on Form 10-Q.

For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof or the date of any document incorporated by reference herein. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Except as required by law, we do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date hereof.

EPR Properties

Brian Moriarty, 816-472-1700

www.eprkc.com

EX-99.2 — EARNINGS RELEASE PRESENTATION

EX-99.2

Filename: q22026earningscallpresen.htm · Sequence: 3

q22026earningscallpresen

2 The financial results in this document reflect preliminary, unaudited results, which are not final until the Company’s Annual Report on Form 10-K is filed. With the exception of historical information, certain statements contained or incorporated by reference herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), such as those pertaining to our guidance, our capital resources and liquidity, our pursuit of growth opportunities, the timing of transaction closings and investment spending, our ongoing negotiations to exit from certain joint ventures or the ultimate terms of any such exit, our expected cash flows, the performance of our customers, our expected cash collections and our results of operations and financial condition. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of actual events. There is no assurance that the events or circumstances reflected in the forward-looking statements will occur. You can identify forward-looking statements by use of words such as “will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “pipeline,” “estimates,” “offers,” “plans,” “would” or other similar expressions or other comparable terms or discussions of strategy, plans or intentions contained or incorporated by reference herein. Forward-looking statements necessarily are dependent on assumptions, data or methods that may be incorrect or imprecise. These forward-looking statements represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Many of the factors that will determine these items are beyond our ability to control or predict. For further discussion of these factors see “Item 1A. Risk Factors” in our most recent Annual Report on Form 10-K and, to the extent applicable, our Quarterly Reports on Form 10-Q. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof or the date of any document incorporated by reference herein. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Except as required by law, we do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date hereof. DISCLAIMER

INTRODUCTORY COMMENTS

4 QUARTERLY HIGHLIGHTS Executing Growth Strategy • Q2 revenue increased 10.1% & FFO as adjusted per share increased 12.7% • Set new post-COVID high for investment activity in single quarter of over $440M; reflects depth of opportunity & disciplined approach • Added Netflix as new partner through our acquisition of Netflix House Philadelphia; transforming popular digital intellectual property into physical, immersive experiences Portfolio Fundamentals Remain Resilient • Coverage held at 2.0x Balance Sheet Further Strengthened • New $1.6B credit agreement addresses near-term debt maturities & ensures balance sheet continues to be a source of strength to support growth Raising Guidance • Increasing 2026 investment spending and earnings guidance

PORTFOLIO

6 Second Quarter Acquisitions: previously announced 7 Attractions from Six Flags, 2 additional Attractions, 1 golf club and 1 hot springs Netflix House investment: Investment grade-rated corporate credit; merging digital and physical experiences Continued Diversification: Theatres down to roughly 1/3 of the portfolio Additional Investment: ~$92M additional investment expected for existing experiential development & redevelopment projects; ~$65M expected in 2026 Investment Pipeline: sourced almost exclusively from non-marketed investments generated by direct relationships created by our investment team INVESTMENT ACTIVITY Invested $440.8M in Q2 at average initial cash yield of ~8.5%, bringing YTD to $492.2M NETFLIX HOUSE INCREASED 2026 Investment Guidance $600M - $700M

7 PORTFOLIO OVERVIEW Experiential Portfolio Education Portfolio Overall Portfolio $7.5B Gross Investments 346 Properties 99% Leased/Operated 95% of Investments 291 Properties 57 Operators 99% Leased/Operated 5% of Investments 55 Properties 5 Operators 100% Leased/Operated

8*BoxOfficeMojo **Variety “Gen Z Goes to the Movies! Younger Audiences Are Driving the Box Office, Study Shows” April 8, 2026 PORTFOLIO UPDATE Portfolio Demonstrates Resilience with Portfolio Coverage of 2.0x Theatres: continuation of outperformance in Q2; ticket sales ~10% above 2025* • Younger demographic fueling comeback: 87% of Gen Zers & 82% of Millennials saw at least one movie in a cinema during the past 12 months** Eat & Play: rent coverage stable with positive trends emerging at Topgolf from early operational enhancements post-separation from Callaway Attractions: delivered strong performance in Q2 Fitness & Wellness: continues to deliver solid performance; stabilizing trends at some of our recently renovated and expanded properties Education: continues to remain healthy despite industry-wide labor headwinds Dispositions: focus on opportunistic sales vs. defensive sales is reflective of the general health of portfolio & outstanding work done by the Asset Management team reducing legacy vacancies • Maintained disposition guidance of $50M - $100M

FINANCIAL REVIEW

1 0*See the most recently filed Supplemental Operating and Financial Data for definitions and calculations of these non-GAAP measures FINANCIAL HIGHLIGHTS FINANCIAL PERFORMANCE QUARTER ENDED JUNE 30, 2026 2025 $ Change % Change Total Revenue $196.1 $178.1 $18.0 10.1% Net Income – Common 61.1 69.6 (8.5) (12.2%) FFO as adj. – Common* 110.8 97.3 13.5 13.9% AFFO – Common* 111.8 95.8 16.0 16.6% Net Income/share – Common 0.79 0.91 (0.12) (13.2%) FFO/share - Common, as adj.* 1.42 1.26 0.16 12.7% AFFO/share - Common* 1.43 1.24 0.19 15.3% (In millions except per-share data)

1 1*See the most recently filed Supplemental Operating and Financial Data for definitions and calculations of these non-GAAP measures FINANCIAL HIGHLIGHTS FINANCIAL PERFORMANCE SIX MONTHS ENDED JUNE 30, 2026 2025 $ Change % Change Total Revenue $377.3 $353.1 $24.2 6.9% Net Income – Common 117.7 129.4 (11.7) (9.0%) FFO as adj. – Common* 208.4 189.1 19.3 10.2% AFFO – Common* 211.9 188.8 23.1 12.2% Net Income/share – Common 1.53 1.69 (0.16) (9.5%) FFO/share - Common, as adj.* 2.67 2.45 0.22 9.0% AFFO/share - Common* 2.71 2.44 0.27 11.1% (In millions except per-share data)

1 2*See the most recently filed Supplemental Operating and Financial Data for definitions and calculations of these non-GAAP measures FINANCIAL HIGHLIGHTS FINANCIAL PERFORMANCE QUARTER ENDED JUNE 30, 2026 Fixed charge coverage 3.4x Debt service coverage 4.0x Interest coverage 4.0x Proforma Net Debt to Adjusted EBITDAre 5.2x Proforma Net Debt to Annualized Adjusted EBITDAre 5.1x Proforma Net Debt to Gross Assets 41% AFFO payout 65%

1 3 Debt › $3.3B total debt; $3.0B fixed rate or fixed through interest rate swaps at overall weighted avg. = 4.4% ATM Program › Entered into forward sales agreements for initial gross sales proceeds of $23.4M; average sale price of $59.70 per share › At June 30, 2026, total estimated net proceeds from unsettled forward sales agreements was $69.5M, representing 1,189,884 common shares New $1.6B Credit Facility › On July 17, 2026, entered into a new $1.6B credit agreement › Extends maturity date to 2030 (with two six-month extension options) and reduces interest rate on $1.0B revolving credit facility by 5 bps › Establishes a new $600.0M delayed draw term loan facility due in 2032 with interest at SOFR + 115 bps; nothing has been drawn to date Liquidity Position at 06/30/2026 › $16.2M unrestricted cash › $640.0M available on $1.0B revolver › $669.5M of cash available to draw down on term loan facility and unsettled forward sales agreements CAPITAL MARKETS UPDATE

1 4*See the most recently filed Supplemental Operating and Financial Data for definitions and calculations of these non-GAAP measures 2026 GUIDANCE REVISED GUIDANCE PRIOR GUIDANCE FFO as Adjusted per share* $5.41 - $5.57 $5.37 - $5.53 Increase at Midpoint vs. Prior Year 7.2% 6.5% Investment Spending $600M - $700M $500M - $600M Disposition Proceeds $50M - $100M $50M - $100M Percentage Rent & Participating Interest $18.5M - $22.5M $18.5M - $22.5M General & Administrative Expense $56M - $59M $56M - $59M Other Income $40M - $50M $41M - $51M Other Expense $40M - $50M $41M - $51M 5.1% Monthly Dividend Increase $0.31/share $0.31/share

CLOSING COMMENTS

QUESTIONS

EX-99.3 — SUPPLEMENTAL OPERATING AND FINANCIAL DATA

EX-99.3

Filename: ex993-eprx6302026supplemen.htm · Sequence: 4

Document

Exhibit 99.3

TABLE OF CONTENTS

SECTION PAGE

Company Profile

Investor Information

Selected Financial Information

Selected Balance Sheet Information

Selected Operating Data

Funds From Operations and Funds From Operations as Adjusted

Adjusted Funds From Operations

Capital Structure

Summary of Ratios

Summary of Mortgage Notes Receivable

Investment Spending and Disposition Summaries

Property Under Development - Investment Spending Estimates

Portfolio Detail

Lease Expirations

Top Ten Customers by Total Revenue

Guidance

Definitions-Non-GAAP Financial Measures

Appendix-Reconciliation of Certain Non-GAAP Financial Measures

Q2 2026 Supplemental

Page 2

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

The financial results in this document reflect preliminary, unaudited results, which are not final until the Company’s Quarterly Report on Form 10-Q is filed. With the exception of historical information, certain statements contained or incorporated by reference herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), such as those pertaining to our guidance, our capital resources and liquidity, our pursuit of growth opportunities, the timing of transaction closings and investment spending, our ongoing negotiations to exit from certain joint ventures or the ultimate terms of any such exit, our expected cash flows, the performance of our customers, our expected cash collections and our results of operations and financial condition. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of actual events. There is no assurance that the events or circumstances reflected in the forward-looking statements will occur. You can identify forward-looking statements by use of words such as “will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “pipeline,” “estimates,” “offers,” “plans,” “would” or other similar expressions or other comparable terms or discussions of strategy, plans or intentions contained or incorporated by reference herein. Forward-looking statements necessarily are dependent on assumptions, data or methods that may be incorrect or imprecise. These forward-looking statements represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Many of the factors that will determine these items are beyond our ability to control or predict. For further discussion of these factors see “Item 1A. Risk Factors” in our most recent Annual Report on Form 10-K and, to the extent applicable, our Quarterly Reports on Form 10-Q.

NON-GAAP INFORMATION

This document contains certain non-GAAP measures. These non-GAAP measures, as calculated by the Company, are not necessarily comparable to similarly titled measures reported by other companies. Additionally, these non-GAAP measures are not measurements of financial performance or liquidity under GAAP and should not be considered alternatives to the Company's other financial information determined under GAAP. See pages 24 through 26 for definitions of certain non-GAAP financial measures used in this document and the reconciliations of certain non-GAAP measures on pages 9 and 10 and in the Appendix on pages 27 through 31.

Q2 2026 Supplemental

Page 3

COMPANY PROFILE

THE COMPANY COMPANY STRATEGY

EPR Properties ("we," "us," "our," "EPR" or the "Company") is a self-administered and self-managed real estate investment trust. EPR was formed in August 1997 as a Maryland real estate investment trust ("REIT"), and an initial public offering was completed on November 18, 1997. Our primary business objective is to enhance shareholder value by achieving predictable growth in Funds from Operations As Adjusted ("FFOAA") and dividends per share.

Our strategic growth is focused on acquiring or developing a diversified portfolio of experiential real estate venues which create value by facilitating out-of-home congregate entertainment, recreation and leisure experiences where consumers choose to spend their discretionary time and money. This strategy is driven by the long-term trends of the growing experience economy.

Since that time, the Company has been a leading Experiential net lease REIT, specializing in select enduring experiential properties. We are focused on growing our Experiential portfolio with properties that offer a variety of enduring, congregate entertainment, recreation and leisure activities. Separately, our Education portfolio is a legacy investment that provides additional geographic and operator diversity.

This focus is consistent with our depth of knowledge across each of our property types, creating a competitive advantage that allows us to more quickly identify key market trends. We deliberately apply information and our ingenuity to target properties that represent logical extensions within each of our existing property types or potential future investments.

As part of our strategic planning and portfolio management process we assess new opportunities against the following underwriting principles:

BUILDING THE PREMIER EXPERIENTIAL REAL ESTATE PORTFOLIO

Q2 2026 Supplemental

Page 4

INVESTOR INFORMATION

SENIOR MANAGEMENT

Greg Silvers Mark Peterson

Chairman and Chief Executive Officer Executive Vice President and Chief Financial Officer

Tonya Mater Ben Fox

Senior Vice President and Chief Accounting Officer Executive Vice President and Chief Investment Officer

Paul Turvey Elizabeth Grace

Senior Vice President, General Counsel and Secretary Senior Vice President - Human Resources and Administration

Brian Moriarty Gwen Johnson

Senior Vice President - Corporate Communications Senior Vice President - Asset Management

COMPANY INFORMATION

CORPORATE HEADQUARTERS TRADING SYMBOLS

909 Walnut Street, Suite 200 Common Stock:

Kansas City, MO 64106 EPR

816-472-1700 Preferred Stock:

www.eprkc.com EPR-PrC

STOCK EXCHANGE LISTING EPR-PrE

New York Stock Exchange EPR-PrG

EQUITY RESEARCH COVERAGE

Bank of America Merrill Lynch Jana Galan 646-855-5042

Citi Global Markets Nick Joseph/Smedes Rose 212-816-6243

Citizens Capital Markets & Advisory Mitch Germain 212-906-3537

Huntington Capital Markets Rob Stevenson 212-845-6139

J.P. Morgan Anthony Paolone 212-622-6682

Kansas City Capital Associates Jonathan Braatz 816-932-8019

KeyBanc Capital Markets Todd Thomas/Upal Rana 917-368-2286

Raymond James & Associates RJ Milligan 727-567-2585

RBC Capital Markets Michael Carroll 440-715-2649

Stifel Simon Yarmak 443-224-1345

Truist Michael Lewis 212-319-5659

UBS Michael Goldsmith 212-713-2951

Wells Fargo James Feldman/John Kilichowski 212-214-5311

EPR Properties is followed by the analysts identified above. Please note that any opinions, estimates, forecasts or recommendations regarding EPR Properties’ performance made by these analysts are theirs alone and do not represent opinions, estimates, forecasts or recommendations of EPR Properties or its management. EPR Properties does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

Q2 2026 Supplemental

Page 5

SELECTED FINANCIAL INFORMATION

(UNAUDITED, DOLLARS AND SHARES IN THOUSANDS)

THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30,

OPERATING INFORMATION: 2026 2025 2026 2025

Revenue $ 196,079 $ 178,068 $ 377,331 $ 353,101

Net income available to common shareholders of EPR Properties 61,126 69,603 117,704 129,374

EBITDAre (1) 156,004 136,286 299,420 268,362

Adjusted EBITDAre (1) 156,187 137,952 295,722 269,943

Interest expense, net 38,275 33,246 73,038 66,267

Capitalized interest 205 961 588 2,396

Straight-lined rental revenue 5,006 5,137 8,496 8,534

Percentage rent and participating interest 4,825 4,594 7,361 9,678

Dividends declared on preferred shares 6,040 6,040 12,072 12,072

Dividends declared on common shares 71,166 67,335 139,982 133,088

General and administrative expense 13,976 13,230 28,218 27,254

JUNE 30,

BALANCE SHEET INFORMATION: 2026 2025

Total assets $ 6,052,113 $ 5,560,880

Accumulated depreciation 1,801,757 1,641,916

Cash and cash equivalents 16,197 12,955

Total assets before accumulated depreciation less cash and cash equivalents (gross assets) 7,837,673 7,189,841

Debt 3,293,013 2,792,970

Deferred financing costs, net 21,579 16,622

Net debt (1) 3,298,395 2,796,637

Estimated net proceeds from forward sales agreements (2) 69,536 —

Proforma net debt (1) 3,228,859 2,796,637

Equity 2,309,424 2,331,091

Common shares outstanding 76,550 76,115

Total market capitalization (using EOP closing price and liquidation values)(3) 8,110,005 7,602,049

Net debt/total market capitalization ratio (1) 41 % 37 %

Debt to total assets ratio 54 % 50 %

Net debt/gross assets ratio (1) 42 % 39 %

Proforma net debt/gross assets ratio (1) 41 % n/a

Net debt/Adjusted EBITDAre ratio (1) (4) 5.3 5.1

Proforma net debt/Adjusted EBITDAre ratio (1) (4) 5.2 n/a

Net debt/Annualized adjusted EBITDAre ratio (1) (5) 5.2 5.0

Proforma net debt/Annualized adjusted EBITDAre ratio (1) (5) 5.1 n/a

(1) See pages 24 through 26 for definitions. See calculation on page 30, as applicable.

(2) Represents proforma adjustment for estimated net proceeds from forward sale agreements that have not settled as if they had been physically settled for cash as of the date presented.

(3) See calculation on page 15.

(4) Adjusted EBITDAre in this calculation is for the three-month period multiplied times four. See pages 24 through 26 for definitions. See calculation on page 30.

(5) Annualized adjusted EBITDAre is adjusted EBITDAre for the quarter further adjusted for in-service and disposed projects, percentage rent and participating interest and other items which is then multiplied times four. These calculations can be found on page 30 under the reconciliation of Adjusted EBITDAre and Annualized Adjusted EBITDAre. See pages 24 through 26 for definitions.

Q2 2026 Supplemental

Page 6

SELECTED BALANCE SHEET INFORMATION

(UNAUDITED, DOLLARS IN THOUSANDS)

ASSETS 2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

Real estate investments $ 6,755,716 $ 6,346,438 $ 6,209,145 $ 6,051,937 $ 6,044,295 $ 5,949,713

Less: accumulated depreciation (1,801,757) (1,756,760) (1,714,886) (1,671,309) (1,641,916) (1,595,820)

Land held for development 20,168 20,168 20,168 20,168 20,168 20,168

Property under development 10,046 23,377 54,905 67,381 84,195 118,264

Operating lease right-of-use assets 199,192 166,646 170,755 168,730 177,919 180,557

Mortgage notes and related accrued interest receivable, net 616,881 614,759 679,254 696,438 666,154 659,004

Investment in joint ventures 8,693 9,684 12,316 14,046 9,680 11,361

Cash and cash equivalents 16,197 68,465 90,577 13,710 12,955 20,572

Restricted cash 4,388 6,091 8,071 15,982 15,765 6,354

Accounts receivable 111,421 101,230 97,855 92,291 94,514 85,811

Other assets 111,168 82,714 71,602 74,523 77,151 76,565

Total assets $ 6,052,113 $ 5,682,812 $ 5,699,762 $ 5,543,897 $ 5,560,880 $ 5,532,549

LIABILITIES AND EQUITY

Liabilities:

Accounts payable and accrued liabilities $ 78,750 $ 100,697 $ 99,392 $ 113,475 $ 101,543 $ 93,248

Operating lease liabilities 231,884 200,118 204,747 203,269 216,411 219,305

Common dividends payable 23,730 23,717 22,463 22,461 22,454 22,440

Preferred dividends payable 6,032 6,032 6,032 6,032 6,032 6,032

Unearned rents and interest 109,280 104,701 108,546 101,491 90,379 78,550

Line of credit 360,000 — — 379,000 405,000 105,000

Deferred financing costs, net (21,579) (23,215) (25,181) (15,205) (16,622) (17,630)

Other debt 2,954,592 2,954,592 2,954,592 2,404,592 2,404,592 2,704,592

Total liabilities 3,742,689 3,366,642 3,370,591 3,215,115 3,229,789 3,211,537

Equity:

Common shares and additional paid-in-capital 3,996,545 3,991,743 3,978,935 3,973,626 3,968,520 3,964,272

Preferred shares at par value 148 148 148 148 148 148

Treasury shares (308,561) (308,433) (295,290) (295,268) (295,258) (295,258)

Accumulated other comprehensive (loss) income (771) 609 1,037 (587) (4) (3,567)

Distributions in excess of net income (1,377,937) (1,367,897) (1,355,659) (1,349,137) (1,342,315) (1,344,583)

Total equity 2,309,424 2,316,170 2,329,171 2,328,782 2,331,091 2,321,012

Total liabilities and equity $ 6,052,113 $ 5,682,812 $ 5,699,762 $ 5,543,897 $ 5,560,880 $ 5,532,549

Q2 2026 Supplemental

Page 7

SELECTED OPERATING DATA

(UNAUDITED, DOLLARS IN THOUSANDS)

2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

Rental revenue $ 169,033 $ 155,185 $ 157,057 $ 154,838 $ 150,351 $ 146,359

Other income (1) 11,764 10,070 9,603 12,135 12,218 11,636

Mortgage and other financing income 15,282 15,997 16,290 15,333 15,499 17,038

Total revenue 196,079 181,252 182,950 182,306 178,068 175,033

Property operating expense 15,366 15,353 14,862 14,478 14,661 15,171

Other expense (1) 11,064 10,989 10,013 11,173 11,959 12,611

General and administrative expense 13,976 14,242 14,575 14,001 13,230 14,024

Retirement and severance expense — 1,423 1,901 1,094 — —

Transaction costs 45 293 471 492 669 567

Provision (benefit) for credit losses, net 138 (5,597) (985) 9,117 997 (652)

Depreciation and amortization 48,630 44,957 43,582 42,409 42,080 41,089

Total operating expenses 89,219 81,660 84,419 92,764 83,596 82,810

Gain on real estate transactions 182 1,027 5,297 8,073 16,779 9,384

Income from operations 107,042 100,619 103,828 97,615 111,251 101,607

Interest expense, net 38,275 34,763 33,574 33,238 33,246 33,021

Equity in loss (income) from joint ventures 984 2,632 2,396 (2,934) 1,681 2,647

Income before income taxes 67,783 63,224 67,858 67,311 76,324 65,939

Income tax expense 617 614 954 725 681 136

Net income 67,166 62,610 66,904 66,586 75,643 65,803

Preferred dividend requirements 6,040 6,032 6,040 6,032 6,040 6,032

Net income available to common shareholders of EPR Properties $ 61,126 $ 56,578 $ 60,864 $ 60,554 $ 69,603 $ 59,771

(1) Other income and other expense consist primarily of results from the Company's properties operated through third-party managers.

Q2 2026 Supplemental

Page 8

FUNDS FROM OPERATIONS AND FUNDS FROM OPERATIONS AS ADJUSTED

(UNAUDITED, DOLLARS IN THOUSANDS EXCEPT PER SHARE INFORMATION)

FUNDS FROM OPERATIONS ("FFO") (1): 2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

Net income available to common shareholders of EPR Properties $ 61,126 $ 56,578 $ 60,864 $ 60,554 $ 69,603 $ 59,771

Gain on real estate transactions (182) (1,027) (5,297) (8,073) (16,779) (9,384)

Real estate depreciation and amortization 48,468 44,797 43,417 42,257 41,939 40,932

Allocated share of joint venture depreciation 996 996 1,000 989 985 1,036

FFO available to common shareholders of EPR Properties $ 110,408 $ 101,344 $ 99,984 $ 95,727 $ 95,748 $ 92,355

Add: Preferred dividends for Series C preferred shares 1,938 1,938 1,938 1,938 1,938 1,938

Add: Preferred dividends for Series E preferred shares 1,938 1,938 1,938 1,938 1,938 1,938

Diluted FFO available to common shareholders of EPR Properties $ 114,284 $ 105,220 $ 103,860 $ 99,603 $ 99,624 $ 96,231

FUNDS FROM OPERATIONS AS ADJUSTED ("FFOAA") (1):

FFO available to common shareholders of EPR Properties $ 110,408 $ 101,344 $ 99,984 $ 95,727 $ 95,748 $ 92,355

Retirement and severance expense — 1,423 1,901 1,094 — —

Transaction costs 45 293 471 492 669 567

Provision (benefit) for credit losses, net 138 (5,597) (985) 9,117 997 (652)

Deferred income tax expense (benefit) 255 114 (170) (53) (93) (530)

FFO as adjusted available to common shareholders of EPR Properties $ 110,846 $ 97,577 $ 101,201 $ 106,377 $ 97,321 $ 91,740

Add: Preferred dividends for Series C preferred shares 1,938 1,938 1,938 1,938 1,938 1,938

Add: Preferred dividends for Series E preferred shares 1,938 1,938 1,938 1,938 1,938 1,938

Diluted FFO as adjusted available to common shareholders of EPR Properties $ 114,722 $ 101,453 $ 105,077 $ 110,253 $ 101,197 $ 95,616

FFO per common share:

Basic $ 1.44 $ 1.33 $ 1.31 $ 1.26 $ 1.26 $ 1.22

Diluted 1.41 1.31 1.29 1.23 1.24 1.20

FFO as adjusted per common share:

Basic $ 1.45 $ 1.28 $ 1.33 $ 1.40 $ 1.28 $ 1.21

Diluted 1.42 1.26 1.30 1.37 1.26 1.19

Shares used for computation (in thousands):

Basic 76,521 76,326 76,141 76,127 76,083 75,804

Diluted 77,017 76,573 76,654 76,668 76,571 76,215

Effect of dilutive Series C preferred shares 2,380 2,371 2,361 2,352 2,344 2,336

Effect of dilutive Series E preferred shares 1,674 1,672 1,670 1,668 1,667 1,665

Adjusted weighted-average shares outstanding-diluted Series C and Series E 81,071 80,616 80,685 80,688 80,582 80,216

(1) See pages 24 through 26 for definitions.

Q2 2026 Supplemental

Page 9

ADJUSTED FUNDS FROM OPERATIONS

(UNAUDITED, DOLLARS IN THOUSANDS EXCEPT PER SHARE INFORMATION)

ADJUSTED FUNDS FROM OPERATIONS ("AFFO") (1): 2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

FFO available to common shareholders of EPR Properties $ 110,408 $ 101,344 $ 99,984 $ 95,727 $ 95,748 $ 92,355

Adjustments:

Retirement and severance expense — 1,423 1,901 1,094 — —

Transaction costs 45 293 471 492 669 567

Provision (benefit) for credit losses, net 138 (5,597) (985) 9,117 997 (652)

Deferred income tax expense (benefit) 255 114 (170) (53) (93) (530)

Non-real estate depreciation and amortization 162 160 165 152 141 157

Deferred financing fees amortization 2,699 2,672 2,380 2,120 2,102 2,206

Share-based compensation expense to management and trustees 4,296 4,099 3,643 3,907 3,912 3,867

Amortization of above/below market leases, net and tenant allowances (75) (81) (81) (81) (81) (81)

Maintenance capital expenditures (2) (509) (211) (1,532) (564) (1,858) (1,251)

Straight-lined rental revenue (5,006) (3,490) (4,025) (3,541) (5,137) (3,397)

Straight-lined ground sublease expense (282) (49) (35) (4) — 2

Non-cash portion of mortgage and other financing income (381) (546) (343) (296) (566) (297)

AFFO available to common shareholders of EPR Properties $ 111,750 $ 100,131 $ 101,373 $ 108,070 $ 95,834 $ 92,946

Add: Preferred dividends for Series C preferred shares 1,938 1,938 1,938 1,938 1,938 1,938

Add: Preferred dividends for Series E preferred shares 1,938 1,938 1,938 1,938 1,938 1,938

Diluted AFFO available to common shareholders of EPR Properties $ 115,626 $ 104,007 $ 105,249 $ 111,946 $ 99,710 $ 96,822

Weighted average diluted shares outstanding (in thousands) 77,017 76,573 76,654 76,668 76,571 76,215

Effect of dilutive Series C preferred shares 2,380 2,371 2,361 2,352 2,344 2,336

Effect of dilutive Series E preferred shares 1,674 1,672 1,670 1,668 1,667 1,665

Adjusted weighted-average shares outstanding-diluted 81,071 80,616 80,685 80,688 80,582 80,216

AFFO per diluted common share $ 1.43 $ 1.29 $ 1.30 $ 1.39 $ 1.24 $ 1.21

Dividends declared per common share $ 0.930 $ 0.900 $ 0.885 $ 0.885 $ 0.885 $ 0.865

AFFO payout ratio (3) 65 % 70 % 68 % 64 % 71 % 71 %

(1) See pages 24 through 26 for definitions.

(2) Includes maintenance capital expenditures and certain second-generation tenant improvements and leasing commissions.

(3) AFFO payout ratio is calculated by dividing dividends declared per common share by AFFO per diluted common share.

Q2 2026 Supplemental

Page 10

CAPITAL STRUCTURE AS OF JUNE 30, 2026

(UNAUDITED, DOLLARS IN THOUSANDS)

CONSOLIDATED DEBT

PRINCIPAL PAYMENTS DUE ON DEBT:

BONDS/TERM LOAN/OTHER (1) UNSECURED CREDIT FACILITY (2) UNSECURED SENIOR NOTES TOTAL WEIGHTED AVG INTEREST RATE

YEAR

2026 $ — $ — $ 629,597 $ 629,597 4.70%

2027 — — 450,000 450,000 4.50%

2028 — — 400,000 400,000 4.95%

2029 — — 500,000 500,000 3.75%

2030 — 360,000 550,000 910,000 4.72%

2031 — — 400,000 400,000 3.60%

2032 — — — — —%

2033 — — — — —%

2034 — — — — —%

2035 — — — — —%

2036 — — — — —%

Thereafter 24,995 — — 24,995 2.53%

Less: deferred financing costs, net — — — (21,579) —%

Total $ 24,995 $ 360,000 $ 2,929,597 $ 3,293,013 4.42%

BALANCE WEIGHTED AVG INTEREST RATE WEIGHTED AVG MATURITY

Fixed rate unsecured debt $ 2,929,597 4.40 % 2.53

Fixed rate secured debt (1) 24,995 2.53 % 21.09

Variable rate unsecured debt 360,000 4.67 % 4.04

Less: deferred financing costs, net (21,579) — % —

Total $ 3,293,013 4.42 % 2.85

(1) Includes $25.0 million of secured bonds that have been fixed through interest rate swaps through September 30, 2026.

(2) Unsecured Revolving Credit Facility Summary:

BALANCE RATE

COMMITMENT

AT 6/30/2026

MATURITY (3)

AT 6/30/2026

$1,000,000 $360,000 July 17, 2030 4.67%

(3) Subsequent to June 30, 2026, the Company entered into a Fifth Amended, Restated and Consolidated Credit Agreement (the "Amended Credit Agreement") governing its $1.0 billion senior unsecured revolving credit facility and a new $600.0 million senior unsecured delayed draw term loan facility. The Amended Credit Agreement, among other things, extends the maturity date of the revolver to July 17, 2030, has two six-month extension options available at the Company's option and generally reduces the interest rate payable on its $1.0 billion senior unsecured revolving credit facility by 5 basis points. The $600.0 million senior unsecured delayed draw term loan facility may be drawn upon prior to January 17, 2027, bears interest at SOFR plus 115 basis points based on the Company's current credit ratings and matures on January 17, 2032. The Amended Credit Agreement also includes a $1.0 billion accordion feature pursuant to which the maximum borrowing amount under the combined facilities can be increased from $1.6 billion to $2.6 billion, in each case, subject to lender consent and customary conditions.

Q2 2026 Supplemental

Page 11

CAPITAL STRUCTURE AS OF JUNE 30, 2026 AND DECEMBER 31, 2025

(UNAUDITED, DOLLARS IN THOUSANDS)

CONSOLIDATED DEBT (continued)

SUMMARY OF DEBT:

June 30, 2026

December 31, 2025

Senior unsecured notes payable, 4.56%, due August 22, 2026 $ 179,597 $ 179,597

Senior unsecured notes payable, 4.75%, due December 15, 2026 450,000 450,000

Senior unsecured notes payable, 4.50%, due June 1, 2027 450,000 450,000

Senior unsecured notes payable, 4.95%, due April 15, 2028 400,000 400,000

Unsecured revolving variable rate credit facility, SOFR + 1.00%, due July 17, 2030 (1) 360,000 —

Senior unsecured notes payable, 3.75%, due August 15, 2029 500,000 500,000

Senior unsecured notes payable, 4.75%, due November 15, 2030 550,000 550,000

Senior unsecured notes payable, 3.60%, due November 15, 2031 400,000 400,000

Bonds payable, variable rate, fixed at 2.53% through September 30, 2026, due August 1, 2047 24,995 24,995

Less: deferred financing costs, net (21,579) (25,181)

Total debt $ 3,293,013 $ 2,929,411

(1) Subsequent to June 30, 2026, the Company entered into the Amended Credit Agreement governing its $1.0 billion senior unsecured revolving credit facility and a new $600.0 million senior unsecured delayed draw term loan facility. The Amended Credit Agreement, among other things, extends the maturity date of the revolver to July 17, 2030, has two six-month extension options available at the Company's option and generally reduces the interest rate payable on its $1.0 billion senior unsecured revolving credit facility by 5 basis points. The $600.0 million senior unsecured delayed draw term loan facility may be drawn upon prior to January 17, 2027, bears interest at SOFR plus 115 basis points based on the Company's current credit ratings and matures on January 17, 2032. The Amended Credit Agreement also includes a $1.0 billion accordion feature pursuant to which the maximum borrowing amount under the combined facilities can be increased from $1.6 billion to $2.6 billion, in each case, subject to lender consent and customary conditions.

Q2 2026 Supplemental

Page 12

CAPITAL STRUCTURE

SENIOR NOTES

SENIOR DEBT RATINGS AS OF JUNE 30, 2026

Moody's Baa3 (stable)

Fitch BBB- (stable)

Standard and Poor's BBB- (stable)

SUMMARY OF COVENANTS

The Company had outstanding public senior unsecured notes with fixed interest rates of 3.60%, 3.75%, 4.50%, 4.75% and 4.95% at June 30, 2026. Interest on these notes is paid semiannually. These public senior unsecured notes contain various covenants, including: (i) a limitation on incurrence of any debt that would cause the Company's debt to adjusted total assets ratio to exceed 60%; (ii) a limitation on incurrence of any secured debt which would cause the Company’s secured debt to adjusted total assets ratio to exceed 40%; (iii) a limitation on incurrence of any debt which would cause the Company’s debt service coverage ratio to be less than 1.5 times; and (iv) the maintenance at all times of total unencumbered assets not less than 150% of the Company’s outstanding unsecured debt.

The following is a summary of the key financial covenants for the Company's 3.60%, 3.75%, 4.50%, 4.75% and 4.95% public senior unsecured notes, as defined and calculated per the Company's interpretation of the terms of the notes. These calculations, which are not based on U.S. generally accepted accounting principles ("GAAP") measurements, are presented to investors to show the Company's ability to incur additional debt under the terms of the senior unsecured notes only and are not measures of the Company's liquidity or performance. The actual amounts as of June 30, 2026 and March 31, 2026 are:

Actual Actual

NOTE COVENANTS Required 2nd Quarter 2026 (1) 1st Quarter 2026 (1)

Limitation on incurrence of total debt (Total Debt/Total Assets) ≤ 60% 43% 40%

Limitation on incurrence of secured debt (Secured Debt/Total Assets) ≤ 40% —% —%

Limitation on incurrence of debt: Debt service coverage (Consolidated Income Available for Debt Service/Annual Debt Service) - trailing twelve months ≥ 1.5 x 4.2x 4.2x

Maintenance of total unencumbered assets (Unencumbered Assets/Unsecured Debt) ≥ 150% of unsecured debt 232% 247%

(1) See page 14 for details of calculations.

Q2 2026 Supplemental

Page 13

CAPITAL STRUCTURE

SENIOR NOTES

(UNAUDITED, DOLLARS IN THOUSANDS)

COVENANT CALCULATIONS

TOTAL ASSETS: June 30, 2026 TOTAL DEBT: June 30, 2026

Total Assets per balance sheet $ 6,052,113 Secured debt obligations $ 24,995

Add: accumulated depreciation 1,801,757 Unsecured debt obligations:

Less: intangible assets, net (66,093) Unsecured debt 3,289,597

Total Assets $ 7,787,777 Outstanding letters of credit —

Guarantees 10,000

TOTAL UNENCUMBERED ASSETS: June 30, 2026 Derivatives at fair market value, net, if liability —

Total Assets, per above $ 7,787,777 Total unsecured debt obligations: $ 3,299,597

Less: investment in joint ventures (8,693) Total Debt $ 3,324,592

Less: accounts receivable (111,421)

Less: encumbered assets (25,665)

Total Unencumbered Assets $ 7,641,998

CONSOLIDATED INCOME AVAILABLE FOR DEBT SERVICE: 2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 TRAILING TWELVE MONTHS

Adjusted EBITDAre $ 156,187 $ 139,535 $ 142,620 $ 147,074 $ 585,416

Less: straight-line revenue, net, included in adjusted EBITDAre (5,006) (3,490) (4,025) (3,541) (16,062)

Less: joint venture EBITDA (514) 1,133 880 (4,420) (2,921)

CONSOLIDATED INCOME AVAILABLE FOR DEBT SERVICE $ 150,667 $ 137,178 $ 139,475 $ 139,113 $ 566,433

ANNUAL DEBT SERVICE:

Interest expense, gross $ 38,830 $ 35,893 $ 34,768 $ 34,239 $ 143,730

Less: deferred financing fees amortization (2,699) (2,672) (2,380) (2,120) (9,871)

ANNUAL DEBT SERVICE $ 36,131 $ 33,221 $ 32,388 $ 32,119 $ 133,859

DEBT SERVICE COVERAGE 4.2 4.1 4.3 4.3 4.2

Q2 2026 Supplemental

Page 14

CAPITAL STRUCTURE AS OF JUNE 30, 2026

(UNAUDITED, DOLLARS IN THOUSANDS EXCEPT SHARE INFORMATION)

EQUITY

SECURITY SHARES OUTSTANDING

PRICE PER SHARE AT JUNE 30, 2026

LIQUIDATION PREFERENCE DIVIDEND RATE CONVERTIBLE

CONVERSION RATIO AT JUNE 30, 2026

CONVERSION PRICE AT JUNE 30, 2026

Common shares (1) 76,549,643 $58.01 N/A (2) N/A N/A N/A

Series C 5,392,616 $25.62 $134,815 5.750% Y 0.4414 $56.64

Series E 3,445,980 $31.77 $86,150 9.000% Y 0.4858 $51.46

Series G 6,000,000 $20.42 $150,000 5.750% N N/A N/A

CALCULATION OF TOTAL MARKET CAPITALIZATION:

Common shares outstanding at June 30, 2026 multiplied by closing price at June 30, 2026

$ 4,440,645

Aggregate liquidation value of Series C preferred shares (3) 134,815

Aggregate liquidation value of Series E preferred shares (3) 86,150

Aggregate liquidation value of Series G preferred shares (3) 150,000

Net debt at June 30, 2026 (4)

3,298,395

Total consolidated market capitalization $ 8,110,005

(1) Excludes 1,189,884 common shares subject to forward sales agreement.

(2) Total monthly dividends declared in the second quarter of 2026 were $0.93 per share.

(3) Excludes accrued unpaid dividends at June 30, 2026.

(4) See pages 24 through 26 for definitions.

Q2 2026 Supplemental

Page 15

SUMMARY OF RATIOS

(UNAUDITED)

2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

Debt to total assets ratio 54% 52% 51% 50% 50% 50%

Net debt to total market capitalization ratio (1) 41% 41% 41% 37% 37% 39%

Net debt to gross assets ratio (1) 42% 39% 39% 38% 39% 39%

Proforma net debt to gross assets ratio (1) 41% 39% n/a n/a n/a n/a

Net debt/Adjusted EBITDAre ratio (1)(2) 5.3 5.2 5.0 4.7 5.1 5.3

Proforma net debt/Adjusted EBITDAre ratio (1)(2) 5.2 5.1 n/a n/a n/a n/a

Net debt/Annualized adjusted EBITDAre ratio (1)(3) 5.2 4.9 4.9 4.9 5.0 5.1

Proforma net debt/Annualized adjusted EBITDAre ratio (1)(3) 5.1 4.8 n/a n/a n/a n/a

Interest coverage ratio (4) 4.0 3.9 4.0 4.2 3.9 3.8

Fixed charge coverage ratio (4) 3.4 3.3 3.4 3.6 3.3 3.2

Debt service coverage ratio (4) 4.0 3.9 4.0 4.2 3.9 3.8

FFO payout ratio (5) 66% 69% 69% 72% 71% 72%

FFO as adjusted payout ratio (6) 65% 71% 68% 65% 70% 73%

AFFO payout ratio (7) 65% 70% 68% 64% 71% 71%

(1) See pages 24 through 26 for definitions. See prior period supplementals for detailed calculations, as applicable.

(2) Adjusted EBITDAre is for the quarter multiplied times four. See calculation on page 30.

(3) Annualized adjusted EBITDAre is adjusted EBITDAre for the quarter further adjusted for in-service and disposed projects, percentage rent and participating interest and other items which is then multiplied times four. These calculations can be found on page 30 under the reconciliation of Adjusted EBITDAre and Annualized Adjusted EBITDAre. See pages 24 through 26 for definitions.

(4) See page 28 for detailed calculation.

(5) FFO payout ratio is calculated by dividing dividends declared per common share by FFO per diluted common share.

(6) FFO as adjusted payout ratio is calculated by dividing dividends declared per common share by FFO as adjusted per diluted common share.

(7) AFFO payout ratio is calculated by dividing dividends declared per common share by AFFO per diluted common share.

Q2 2026 Supplemental

Page 16

SUMMARY OF MORTGAGE NOTES RECEIVABLE

(UNAUDITED, DOLLARS IN THOUSANDS)

CARRYING AMOUNT AS OF (1)

LOCATION INTEREST RATE (2) PAYOFF DATE/MATURITY DATE OUTSTANDING PRINCIPAL AMOUNT OF MORTGAGE JUNE 30, 2026 DECEMBER 31, 2025

North Carolina (3) 7.48 % 6/30/2027 $ 29,378 $ 29,268 $ 28,992

Oregon (4) 10.50 % 12/31/2028 — — 10,417

Kansas 8.15 % 7/31/2029 9,090 9,206 9,201

Nebraska 9.75 % 6/30/2030 10,905 11,028 10,957

Nebraska 9.75 % 6/30/2030 10,539 10,704 10,676

Tennessee (5) 7.69 % 9/30/2031 — — 70,293

Alaska 8.80 % 7/31/2032 82,000 80,925 80,398

Colorado and California 7.15 % 1/10/2033 46,300 45,938 46,046

Texas 11.31 % 6/1/2033 8,015 8,015 8,330

Texas 10.25 % 11/26/2033 6,449 — —

Colorado 8.37 % 8/16/2034 75,562 75,721 72,683

Vermont 12.88 % 12/1/2034 51,050 51,050 51,708

Ohio and Pennsylvania 11.75 % 12/1/2034 37,562 37,535 37,439

Ohio 12.26 % 12/1/2034 4,550 4,521 4,410

Georgia 8.65 % 6/1/2035 5,923 5,965 5,963

New York 9.52 % 1/5/2036 21,000 21,000 21,000

Utah 10.25 % 5/31/2036 17,505 17,505 17,505

Mississippi 8.40 % 6/12/2036 12,803 11,897 —

Ohio 9.75 % 8/1/2036 18,068 18,068 18,067

Colorado 8.00 % 1/31/2038 10,292 10,115 9,891

Michigan 8.25 % 10/14/2042 69,139 70,703 68,485

Massachusetts and New York 8.59 % 1/10/2044 77,000 77,977 76,589

Canada 7.75 % 9/25/2055 19,634 19,740 20,204

Total $ 622,764 $ 616,881 $ 679,254

(1) Amounts include accrued interest and are net of allowance for credit losses.

(2) Weighted average interest rate at June 30, 2026 was approximately 9.11%.

(3) Subsequent to June 30, 2026, the borrower made a principal payment of $3.5 million.

(4) During the second quarter of 2026, the Company received payment in full on this mortgage note receivable.

(5) During the first quarter of 2026, the Company exercised its purchase option to convert this mortgage note receivable into a wholly-owned rental property subject to a long-term triple-net lease.

Q2 2026 Supplemental

Page 17

INVESTMENT SPENDING AND DISPOSITION SUMMARIES

(UNAUDITED, DOLLARS IN THOUSANDS)

INVESTMENT SPENDING THREE MONTHS ENDED JUNE 30, 2026

INVESTMENT TYPE TOTAL INVESTMENT SPENDING NEW DEVELOPMENT RE-DEVELOPMENT ASSET ACQUISITION MORTGAGE NOTES OR NOTES RECEIVABLE INVESTMENT IN JOINT VENTURES

Theatres $ 17 $ — $ 17 $ — $ — $ —

Eat & Play 6,974 6,038 936 — — —

Attractions 387,599 — — 387,599 — —

Experiential Lodging — — — — — —

Fitness & Wellness 46,231 — 1,768 31,143 13,320 —

Total Experiential 440,821 6,038 2,721 418,742 13,320 —

Total Investment Spending $ 440,821 $ 6,038 $ 2,721 $ 418,742 $ 13,320 $ —

INVESTMENT SPENDING SIX MONTHS ENDED JUNE 30, 2026

INVESTMENT TYPE TOTAL INVESTMENT SPENDING NEW DEVELOPMENT RE-DEVELOPMENT ASSET ACQUISITION MORTGAGE NOTES OR NOTES RECEIVABLE INVESTMENT IN JOINT VENTURES

Theatres $ 33 $ — $ 33 $ — $ — $ —

Eat & Play 18,875 17,907 968 — — —

Attractions 387,599 — — 387,599 — —

Experiential Lodging 571 — — 501 — 70

Fitness & Wellness 85,074 — 4,751 65,628 14,695 —

Total Experiential 492,152 17,907 5,752 453,728 14,695 70

Total Investment Spending $ 492,152 $ 17,907 $ 5,752 $ 453,728 $ 14,695 $ 70

2026 DISPOSITIONS

THREE MONTHS ENDED JUNE 30, 2026

SIX MONTHS ENDED JUNE 30, 2026

INVESTMENT TYPE TOTAL DISPOSITIONS NET PROCEEDS FROM SALE OF REAL ESTATE NET PROCEEDS FROM PAYDOWN OF MORTGAGE NOTES TOTAL DISPOSITIONS NET PROCEEDS FROM SALE OF REAL ESTATE NET PROCEEDS FROM PAYDOWN OF MORTGAGE NOTES

Theatres $ 473 $ 473 $ — $ 473 $ 473 $ —

Eat & Play 10,967 217 10,750 10,967 217 10,750

Total Experiential 11,440 690 10,750 11,440 690 10,750

Total Dispositions $ 11,440 $ 690 $ 10,750 $ 11,440 $ 690 $ 10,750

Q2 2026 Supplemental

Page 18

PROPERTY UNDER DEVELOPMENT - INVESTMENT SPENDING ESTIMATES AT JUNE 30, 2026 (1)

(UNAUDITED, DOLLARS IN THOUSANDS)

JUNE 30, 2026 OWNED BUILD-TO-SUIT SPENDING ESTIMATES

PROPERTY UNDER DEVELOPMENT # OF PROJECTS 3RD QUARTER 2026 4TH QUARTER 2026 1ST QUARTER 2027 2ND QUARTER 2027 THEREAFTER TOTAL EXPECTED COSTS (2) % LEASED

Total Build-to-Suit $ 5,019 7 $ 2,443 $ 1,581 $ 676 $ 585 $ 920 $ 11,224 100 %

Non Build-to-Suit Development 5,027

Total Property Under Development $ 10,046

JUNE 30, 2026 OWNED BUILD-TO-SUIT IN-SERVICE ESTIMATES

# OF PROJECTS 3RD QUARTER 2026 4TH QUARTER 2026 1ST QUARTER 2027 2ND QUARTER 2027 THEREAFTER TOTAL IN-SERVICE (2) ACTUAL IN-SERVICE 2ND QUARTER 2026

Total Build-to-Suit 7 $ — $ 9,044 $ — $ 2,180 $ — $ 11,224 $ 27,900

JUNE 30, 2026 MORTGAGE BUILD-TO-SUIT SPENDING ESTIMATES

MORTGAGE NOTES RECEIVABLE # OF PROJECTS 3RD QUARTER 2026 4TH QUARTER 2026 1ST QUARTER 2027 2ND QUARTER 2027 THEREAFTER TOTAL EXPECTED COSTS (2)

Total Build-to-Suit Mortgage Notes $ 153,698 2 $ 10,695 $ 45,500 $ — $ — $ — $ 209,893

Non Build-to-Suit Mortgage Notes 463,183

Total Mortgage Notes Receivable $ 616,881

(1) This schedule includes only those properties for which the Company has commenced construction as of June 30, 2026.

(2) "Total Expected Costs" and "Total In-Service" each reflect the total capital costs expected to be funded by the Company through completion (including capitalized interest or accrued interest, as applicable).

Note: This schedule includes future estimates for which the Company can give no assurance as to timing or amounts. Development projects have risks. See Item 1A - "Risk Factors" in the Company's most recent Annual Report on Form 10-K and, to the extent applicable, the Company's Quarterly Reports on Form 10-Q.

Q2 2026 Supplemental

Page 19

PORTFOLIO DETAIL AS OF JUNE 30, 2026

(UNAUDITED)

PROPERTY TYPE PROPERTIES OPERATORS ANNUALIZED BASE REVENUE (ABR) (1) STRATEGIC FOCUS

Theatres (2) (4) 148 17 34 % Reduce

Eat & Play 61 8 (3) 24 % Grow

Attractions 35 10 16 % Grow

Ski 11 3 7 % Grow

Experiential Lodging (5) 4 4 1 % Grow

Fitness & Wellness 30 13 10 % Grow

Gaming 1 1 2 % Grow

Cultural 1 1 1 % Grow

EXPERIENTIAL PORTFOLIO 291 57 95 %

Early Childhood Education 46 4 4 % Reduce

Private schools 9 1 1 % Reduce

EDUCATION PORTFOLIO 55 5 5 %

TOTAL PORTFOLIO 346 62 100 %

(1) ABR represents annualized base revenue for all leases that have commenced and annualized cash interest for all executed mortgage notes receivable as of the balance sheet date. ABR excludes ground lease base rent paid by the Company's tenants for ground lease payments where the Company is the lessee.

(2) Excludes seven theatres located in Entertainment Districts (included in Eat & Play).

(3) Excludes non-theatre operators at Entertainment districts.

(4) Includes one vacant theatre property that the Company intends to sell.

(5) Excludes one experiential lodging property held in unconsolidated joint ventures. The Company is working in good faith with the Company's joint venture partners, the non-recourse debt provider and insurance companies with respect to this property to identify a path forward that the Company expects will result in the eventual removal of this property from the Company's portfolio. Accordingly, the carrying value of the investment in these joint ventures was zero at June 30, 2026.

Q2 2026 Supplemental

Page 20

LEASE EXPIRATIONS

AS OF JUNE 30, 2026

(UNAUDITED, DOLLARS IN THOUSANDS)

YEAR TOTAL NUMBER OF PROPERTIES

RENTAL REVENUE FOR THE TWELVE MONTHS ENDED JUNE 30, 2026 (1)

% OF TOTAL REVENUE

2026 1 $ 999 — %

2027 3 5,476 1 %

2028 9 15,294 2 %

2029 13 19,702 3 %

2030 20 34,485 5 %

2031 2 2,811 — %

2032 8 12,238 2 %

2033 7 10,282 1 %

2034 35 70,503 9 %

2035 30 76,391 10 %

2036 41 80,333 11 %

2037 28 76,115 10 %

2038 40 64,683 9 %

2039 2 4,987 1 %

2040 3 9,953 1 %

2041 31 19,958 3 %

2042 4 18,880 2 %

2043 7 19,971 3 %

2044 — — — %

2045 5 27,260 4 %

Thereafter 21 26,469 3 %

310 $ 596,790 80 %

Note: This schedule excludes non-theatre tenant leases within the Company's entertainment districts, properties under development, land held for development, properties operated by the Company and investments in mortgage notes receivable.

(1) Rental revenue for the trailing twelve months ended June 30, 2026 includes lease revenue related to the Company's existing operating ground leases (leases in which the Company is a sub-lessor) as well as the gross-up of tenant reimbursed expenses recognized during the trailing twelve months ended June 30, 2026 in accordance with Accounting Standards Update (ASU) No. 2016-02 Leases (Topic 842).

Q2 2026 Supplemental

Page 21

TOP TEN CUSTOMERS BY PERCENTAGE OF TOTAL REVENUE

(UNAUDITED)

PERCENTAGE OF TOTAL REVENUE PERCENTAGE OF TOTAL REVENUE

FOR THE THREE MONTHS ENDED FOR THE SIX MONTHS ENDED

CUSTOMERS JUNE 30, 2026 JUNE 30, 2026

1. Topgolf 13.1% 13.6%

2. American Multi-Cinema, Inc. 13.1% 13.5%

3. Regal Entertainment Group 11.7% 11.0%

4. Cinemark 5.4% 5.6%

5. Premier Parks 4.5% 4.5%

6. Enchanted Parks 4.5% 2.6%

7. Vail Resorts 3.7% 3.9%

8. Camelback Resort 2.9% 3.0%

9. Andretti Indoor Karting & Games 2.5% 2.4%

10. Santikos Theaters, LLC 2.3% 2.4%

Total 63.7% 62.5%

Q2 2026 Supplemental

Page 22

GUIDANCE

(UNAUDITED, DOLLARS IN MILLIONS, EXCEPT PER SHARE DATA)

MEASURE 2026 GUIDANCE

YTD ACTUALS CURRENT PRIOR

Investment spending $492.2 $600.0 to $700.0 $500.0 to $600.0

Disposition proceeds and mortgage note payoff $11.4 $50.0 to $100.0 $50.0 to $100.0

Percentage rent and participating interest $7.4 $18.5 to $22.5 $18.5 to $22.5

General and administrative expense $28.2 $56.0 to $59.0 $56.0 to $59.0

Other income (1) $21.8 $40.0 to $50.0 $41.0 to $51.0

Other expense (1) $22.1 $40.0 to $50.0 $41.0 to $51.0

FFO per diluted share $2.71 $5.43 to $5.59 $5.41 to $5.57

FFOAA per diluted share $2.67 $5.41 to $5.57 $5.37 to $5.53

RECONCILIATION FROM NET INCOME AVAILABLE TO COMMON SHAREHOLDERS OF EPR PROPERTIES (PER DILUTED SHARE): YTD ACTUALS 2026 GUIDANCE

Net income available to common shareholders of EPR Properties $1.53 $3.03 to $3.19

Gain on real estate transactions (0.02) (0.02)

Real estate depreciation and amortization 1.21 2.46

Allocated share of joint venture depreciation 0.03 0.05

Impact of Series C and Series E Dilution, if applicable (0.04) (0.09)

FFO available to common shareholders of EPR Properties $2.71 $5.43 to $5.59

Retirement and severance expense 0.02 0.02

Transaction costs — 0.02

Provision (benefit) for credit losses, net (0.07) (0.07)

Deferred income tax expense 0.01 0.01

FFO as adjusted (FFOAA) available to common shareholders of EPR Properties $2.67 $5.41 to $5.57

(1) Other income and other expense consist primarily of results from the Company's properties operated through third-party managers.

Note: This schedule includes future estimates for which the Company can give no assurance as to timing or amounts. See cautionary statement concerning forward-looking statements on page 3.

Q2 2026 Supplemental

Page 23

DEFINITIONS - NON-GAAP FINANCIAL MEASURES

EBITDAre

The National Association of Real Estate Investment Trusts (“NAREIT”) developed EBITDAre as a relative non-GAAP financial measure of REITs, independent of a company's capital structure, to provide a uniform basis to measure the enterprise value of a company. Pursuant to the definition of EBITDAre by the Board of Governors of NAREIT, the Company calculates EBITDAre as net income, computed in accordance with GAAP, excluding interest expense (net), income tax expense (benefit), depreciation and amortization, gains and losses on real estate transactions, impairment losses on real estate, costs associated with loan refinancing or payoff and adjustments for unconsolidated partnerships, joint ventures and other affiliates. Management provides EBITDAre herein because it believes this information is useful to investors as a supplemental performance measure because it can help facilitate comparisons of operating performance between periods and with other REITs. The Company's method of calculating EBITDAre may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. EBITDAre is not a measure of performance under GAAP, does not represent cash generated from operations as defined by GAAP and is not indicative of cash available to fund all cash needs, including distributions. This measure should not be considered an alternative to net income or any other GAAP measure as a measurement of the results of the Company's operations or cash flows or liquidity as defined by GAAP.

ADJUSTED EBITDAre AND ANNUALIZED ADJUSTED EBITDAre

Management uses Adjusted EBITDAre in its analysis of the performance of the business and operations of the Company. Management believes Adjusted EBITDAre is useful to investors because it excludes various items that management believes are not indicative of operating performance, and because it is an informative measure to use in computing various financial ratios to evaluate the Company. The Company defines Adjusted EBITDAre as EBITDAre (defined above) for the quarter excluding sale participation income, gain on insurance recovery, retirement and severance expense, transaction costs, provision (benefit) for credit losses, net, impairment losses on operating lease right-of-use assets and prepayment fees. This number for the quarter is then multiplied by four to get an annual amount. Annualized Adjusted EBITDAre is Adjusted EBITDAre further adjusted to reflect (1) in-service and disposed projects (2) property under development that is build-to-suit at the initial cash yields of the projects upon completion (3) removal of other non-recurring items including out of period deferrals and stub rent payments and (4) annualization of the following items to ultimately reflect the financial results of the trailing twelve months or mid-point of guidance: (i) percentage rent and participating interest income and (ii) adjusted EBITDAre of managed properties and joint ventures.

The Company's method of calculating Adjusted EBITDAre and Annualized Adjusted EBITDAre may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs. Adjusted EBITDAre and Annualized Adjusted EBITDAre are not measures of performance under GAAP, do not represent cash generated from operations as defined by GAAP and are not indicative of cash available to fund all cash needs, including distributions. These measures should not be considered as an alternative to net income or any other GAAP measure as a measurement of the results of the Company's operations or cash flows or liquidity as defined by GAAP.

NET DEBT and PROFORMA NET DEBT

Net Debt represents debt (reported in accordance with GAAP) adjusted to exclude deferred financing costs, net and reduced by cash and cash equivalents. By excluding deferred financing costs, net, and reducing debt for cash and cash equivalents on hand, the result provides an estimate of the contractual amount of borrowed capital to be repaid, net of cash available to repay it. Proforma Net Debt is presented by subtracting the estimated net proceeds from forward sales agreements under the Company's ATM Program from Net Debt. The Company believes both of these calculations constitute beneficial supplemental non-GAAP financial disclosures to investors in understanding its financial condition. The Company's method of calculating Net Debt and Proforma Net Debt may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs.

Q2 2026 Supplemental

Page 24

NET DEBT TO ADJUSTED EBITDAre RATIO, PROFORMA NET DEBT TO ADJUSTED EBITDAre RATIO, NET DEBT TO GROSS ASSETS RATIO, PROFORMA NET DEBT TO GROSS ASSETS RATIO AND NET DEBT TO TOTAL MARKET CAPITALIZATION RATIO

Net Debt to Adjusted EBITDAre Ratio, Proforma Net Debt to Adjusted EBITDAre Ratio, Net Debt to Gross Assets Ratio, Proforma Net Debt to Gross Assets Ratio and Net Debt to Total Market Capitalization Ratio are supplemental measures derived from non-GAAP financial measures that the Company uses to evaluate its capital structure and the magnitude of its debt against its operating performance. The Company believes that investors commonly use versions of these ratios in a similar manner. In addition, financial institutions use versions of these ratios in connection with debt agreements to set pricing and covenant limitations. The Company's method of calculating Net Debt to Adjusted EBITDAre Ratio, Proforma Net Debt to Adjusted EBITDAre Ratio, Net Debt to Gross Assets Ratio, Proforma Net Debt to Gross Assets Ratio and Net Debt to Total Market Capitalization Ratio may be different from methods used by other REITs and, accordingly, may not be comparable to such other REITs.

FUNDS FROM OPERATIONS (“FFO”) AND FFO AS ADJUSTED

NAREIT developed FFO as a relative non-GAAP financial measure of performance of an equity REIT in order to recognize that income-producing real estate historically has not depreciated on the basis determined under GAAP and management provides FFO herein because it believes this information is useful to investors in this regard. FFO is a widely used measure of the operating performance of real estate companies and is provided here as a supplemental measure to GAAP net income available to common shareholders and earnings per share. Pursuant to the definition of FFO by the Board of Governors of NAREIT, the Company calculates FFO as net income available to common shareholders, computed in accordance with GAAP, excluding gains and losses on real estate transactions and impairment losses on real estate, plus real estate related depreciation and amortization, and after adjustments for unconsolidated partnerships, joint ventures and other affiliates. Adjustments for unconsolidated partnerships, joint ventures and other affiliates are calculated to reflect FFO on the same basis. The Company has calculated FFO for all periods presented in accordance with this definition. In addition, the Company presents FFO as adjusted. Management believes it is useful to provide FFO as adjusted as a supplemental measure to GAAP net income available to common shareholders and earnings per share. FFO as adjusted is FFO plus retirement and severance expense, transaction costs, provision (benefit) for credit losses, net, costs associated with loan refinancing or payoff, preferred share redemption costs and impairment of operating lease right-of-use assets, and by subtracting sale participation income, gain on insurance recovery and deferred income tax expense (benefit). FFO and FFO as adjusted are non-GAAP financial measures. FFO and FFO as adjusted do not represent cash flows from operations as defined by GAAP and are not indicative that cash flows are adequate to fund all cash needs and are not to be considered an alternative to net income or any other GAAP measure as a measurement of the results of the Company's operations, cash flows or liquidity as defined by GAAP. It should also be noted that not all REITs calculate FFO and FFO as adjusted the same way so comparisons with other REITs may not be meaningful.

ADJUSTED FUNDS FROM OPERATIONS (“AFFO”)

In addition to FFO, the Company presents AFFO by adding to FFO retirement and severance expense, transaction costs, provision (benefit) for credit losses, net, costs associated with loan refinancing or payoff, preferred share redemption costs, impairment of operating lease right-of-use assets, non-real estate depreciation and amortization, deferred financing fees amortization and share-based compensation expense to management and trustees; and by subtracting amortization of above and below market leases, net and tenant allowances, sale participation income, maintenance capital expenditures (including second-generation tenant improvements and leasing commissions), straight-lined rental revenue (removing the impact of straight-line ground sublease expense), non-cash portion of mortgage and other financing income, allocated share of joint venture non-cash items, gain on insurance recovery and deferred income tax (benefit) expense. AFFO is a widely used measure of the operating performance of real estate companies and is provided here as a supplemental measure to GAAP net income available to common shareholders and earnings per share and management provides AFFO herein because it believes this information is useful to investors in this regard. AFFO is a non-GAAP financial measure. AFFO does not represent cash flows from operations as defined by GAAP and is not indicative that cash flows are adequate to fund all cash needs and is not to be considered an alternative to net income or any other GAAP measure as a measurement of the results of the Company's operations or its cash flows or liquidity as defined by GAAP. It should also be noted that not all REITs calculate AFFO the same way so comparisons with other REITs may not be meaningful.

Q2 2026 Supplemental

Page 25

INTEREST COVERAGE RATIO

The interest coverage ratio is calculated as the interest coverage amount divided by interest expense, gross. The Company calculates the interest coverage amount by adding to net income impairment charges, provision (benefit) for credit losses, net, transaction costs, interest expense, gross (including interest expense in discontinued operations), retirement and severance expense, depreciation and amortization, share-based compensation expense to management and trustees and costs associated with loan refinancing or payoff; subtracting sale participation income, interest cost capitalized, straight-line rental revenue, gain on early extinguishment of debt, gain (loss) on real estate transactions from continuing and discontinued operations, gain on insurance recovery, gain on previously held equity interest, gain on early extinguishment of debt, prepayment fees and deferred income tax benefit (expense). The Company calculates interest expense, gross, by adding to interest expense, net, interest income and interest cost capitalized. The Company considers the interest coverage ratio to be an appropriate supplemental measure of a company’s ability to meet its interest expense obligations and management believes it is useful to investors in this regard. The Company's calculation of the interest coverage ratio may be different from the calculation used by other companies, and therefore, comparability may be limited. This information should not be considered as an alternative to any GAAP liquidity measures.

FIXED CHARGE COVERAGE RATIO

The fixed charge coverage ratio is calculated in exactly the same manner as the interest coverage ratio, except that interest expense, gross and preferred share dividends are also added to the denominator. The Company considers the fixed charge coverage ratio to be an appropriate supplemental measure of a company’s ability to make its interest and preferred share dividend payments and management believes it is useful to investors in this regard. The Company's calculation of the fixed charge coverage ratio may be different from the calculation used by other companies and, therefore, comparability may be limited. This information should not be considered as an alternative to any GAAP liquidity measures.

DEBT SERVICE COVERAGE RATIO

The debt service coverage ratio is calculated in exactly the same manner as the interest coverage ratio, except that interest expense, gross and recurring principal payments are also added to the denominator. The Company considers the debt service coverage ratio to be an appropriate supplemental measure of a company’s ability to make its debt service payments and management believes it is useful to investors in this regard. The Company's calculation of the debt service coverage ratio may be different from the calculation used by other companies and, therefore, comparability may be limited. This information should not be considered as an alternative to any GAAP liquidity measures.

Q2 2026 Supplemental

Page 26

Appendix to Supplemental Operating and Financial Data

Reconciliation of Certain Non-GAAP Financial Measures

Second Quarter Ended June 30, 2026

Q2 2026 Supplemental

Page 27

CALCULATION OF INTEREST, FIXED CHARGE AND DEBT SERVICE COVERAGE RATIOS

(UNAUDITED, DOLLARS IN THOUSANDS)

INTEREST COVERAGE RATIO (1): 2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

Net income $ 67,166 $ 62,610 $ 66,904 $ 66,586 $ 75,643 $ 65,803

Retirement and severance expense — 1,423 1,901 1,094 — —

Transaction costs 45 293 471 492 669 567

Provision (benefit) for credit losses, net 138 (5,597) (985) 9,117 997 (652)

Interest expense, gross 38,830 35,893 34,768 34,239 34,510 34,784

Depreciation and amortization 48,630 44,957 43,582 42,409 42,080 41,089

Share-based compensation expense

to management and trustees 4,296 4,099 3,643 3,907 3,912 3,867

Interest cost capitalized (205) (383) (710) (758) (961) (1,435)

Straight-line rental revenue (5,006) (3,490) (4,025) (3,541) (5,137) (3,397)

Gain on real estate transactions (182) (1,027) (5,297) (8,073) (16,779) (9,384)

Deferred income tax expense (benefit) 255 114 (170) (53) (93) (530)

Interest coverage amount $ 153,967 $ 138,892 $ 140,082 $ 145,419 $ 134,841 $ 130,712

Interest expense, net $ 38,275 $ 34,763 $ 33,574 $ 33,238 $ 33,246 $ 33,021

Interest income 350 747 484 243 303 328

Interest cost capitalized 205 383 710 758 961 1,435

Interest expense, gross $ 38,830 $ 35,893 $ 34,768 $ 34,239 $ 34,510 $ 34,784

Interest coverage ratio 4.0 3.9 4.0 4.2 3.9 3.8

FIXED CHARGE COVERAGE RATIO (1):

Interest coverage amount $ 153,967 $ 138,892 $ 140,082 $ 145,419 $ 134,841 $ 130,712

Interest expense, gross $ 38,830 $ 35,893 $ 34,768 $ 34,239 $ 34,510 $ 34,784

Preferred share dividends 6,040 6,032 6,040 6,032 6,040 6,032

Fixed charges $ 44,870 $ 41,925 $ 40,808 $ 40,271 $ 40,550 $ 40,816

Fixed charge coverage ratio 3.4 3.3 3.4 3.6 3.3 3.2

DEBT SERVICE COVERAGE RATIO (1):

Interest coverage amount $ 153,967 $ 138,892 $ 140,082 $ 145,419 $ 134,841 $ 130,712

Interest expense, gross $ 38,830 $ 35,893 $ 34,768 $ 34,239 $ 34,510 $ 34,784

Recurring principal payments — — — — — —

Debt service $ 38,830 $ 35,893 $ 34,768 $ 34,239 $ 34,510 $ 34,784

Debt service coverage ratio 4.0 3.9 4.0 4.2 3.9 3.8

(1) See pages 24 through 26 for definitions.

Q2 2026 Supplemental

Page 28

RECONCILIATION OF INTEREST COVERAGE AMOUNT TO NET CASH PROVIDED BY OPERATING ACTIVITIES

(UNAUDITED, DOLLARS IN THOUSANDS)

The interest coverage amount per the table on page 28 is a non-GAAP financial measure and should not be considered an alternative to any GAAP liquidity measures. It is most directly comparable to the GAAP liquidity measure, “Net cash provided by operating activities,” and is not directly comparable to the GAAP liquidity measures, “Net cash used by investing activities” and “Net cash provided by financing activities.” The interest coverage amount can be reconciled to “Net cash provided by operating activities” per the consolidated statements of cash flows as follows:

2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

Net cash provided by operating activities $ 93,169 $ 113,367 $ 97,780 $ 136,483 $ 87,321 $ 99,369

Equity in (loss) income from joint ventures (984) (2,632) (2,396) 2,934 (1,681) (2,647)

Distributions from joint ventures (7) — — — — (11)

Amortization of deferred financing costs (2,699) (2,672) (2,380) (2,120) (2,102) (2,206)

Amortization of above and below market leases and tenant allowances, net 75 81 81 81 81 81

Changes in assets and liabilities:

Operating lease assets and liabilities 787 520 532 496 259 293

Mortgage notes accrued interest receivable 312 956 (1,449) 1,824 (1,266) 1,687

Accounts receivable 10,222 3,431 4,307 (2,209) 8,619 3,862

Other assets (431) 3,374 (1,238) (1,318) 3,370 1,507

Accounts payable and accrued liabilities 17,524 (17,089) 15,141 (15,929) 10,160 (3,759)

Unearned rents and interest 2,335 6,861 (1,373) (5,502) 999 2,017

Straight-line rental revenue (5,006) (3,490) (4,025) (3,541) (5,137) (3,397)

Interest expense, gross 38,830 35,893 34,768 34,239 34,510 34,784

Interest cost capitalized (205) (383) (710) (758) (961) (1,435)

Transaction costs 45 293 471 492 669 567

Retirement and severance expense (cash portion) — 382 573 247 — —

Interest coverage amount (1) $ 153,967 $ 138,892 $ 140,082 $ 145,419 $ 134,841 $ 130,712

Net cash (used) provided by investing activities $ (429,414) $ (50,865) $ (115,175) $ (36,329) $ (12,574) $ 42,397

Net cash provided (used) by financing activities $ 282,829 $ (86,471) $ 86,238 $ (99,058) $ (73,416) $ (150,490)

(1) See pages 24 through 26 for definitions.

Q2 2026 Supplemental

Page 29

RECONCILIATION OF EBITDAre, ADJUSTED EBITDAre AND ANNUALIZED ADJUSTED EBITDAre

(UNAUDITED, DOLLARS IN THOUSANDS)

ADJUSTED EBITDAre (1): 2ND QUARTER 2026 1ST QUARTER 2026 4TH QUARTER 2025 3RD QUARTER 2025 2ND QUARTER 2025 1ST QUARTER 2025

Net income $ 67,166 $ 62,610 $ 66,904 $ 66,586 $ 75,643 $ 65,803

Interest expense, net 38,275 34,763 33,574 33,238 33,246 33,021

Income tax expense 617 614 954 725 681 136

Depreciation and amortization 48,630 44,957 43,582 42,409 42,080 41,089

Gain on real estate transactions (182) (1,027) (5,297) (8,073) (16,779) (9,384)

Allocated share of joint venture depreciation 996 996 1,000 989 985 1,036

Allocated share of joint venture interest expense 502 503 516 497 430 375

EBITDAre $ 156,004 $ 143,416 $ 141,233 $ 136,371 $ 136,286 $ 132,076

Retirement and severance expense — 1,423 1,901 1,094 — —

Transaction costs 45 293 471 492 669 567

Provision (benefit) for credit losses, net 138 (5,597) (985) 9,117 997 (652)

Adjusted EBITDAre (for the quarter) $ 156,187 $ 139,535 $ 142,620 $ 147,074 $ 137,952 $ 131,991

Adjusted EBITDAre (2) $ 624,748 $ 558,140 $ 570,480 $ 588,296 $ 551,808 $ 527,964

ANNUALIZED ADJUSTED EBITDAre (1):

Adjusted EBITDAre (for the quarter) $ 156,187 $ 139,535 $ 142,620 $ 147,074 $ 137,952 $ 131,991

In-service and disposition adjustments (3) 1,614 1,356 2,145 834 200 (500)

Managed and JV property adjustments (4) (423) 2,432 1,914 (4,804) 285 2,420

Property under development adjustments (5) — 332 934 1,303 1,715 2,336

Percentage rent/participation adjustments (6) 300 2,589 (2,829) (1,906) 496 40

Non-recurring adjustments (7) 289 761 260 231 (606) 1,313

Annualized Adjusted EBITDAre (for the quarter) $ 157,967 $ 147,005 $ 145,044 $ 142,732 $ 140,042 $ 137,600

Annualized Adjusted EBITDAre (8) $ 631,868 $ 588,020 $ 580,176 $ 570,928 $ 560,168 $ 550,400

See footnotes on the following page.

Q2 2026 Supplemental

Page 30

(1) See pages 24 through 26 for definitions.

(2) Adjusted EBITDAre for the quarter is multiplied by four to calculate an annualized amount but does not include the annualization of investments put in service, acquired or disposed of during the quarter, as well as the potential earnings on property under development, the annualization of percentage rent and participating interest and adjustments for other items. These adjustments are considered in the calculation of Annualized Adjusted EBITDAre.

(3) Adjustments for rental properties commencing or terminating GAAP net operating income during the quarter and adjustments to revenue from mortgage notes receivable to be consistent with end of quarter balance.

(4) To annualize amounts from the actual latest quarterly amount to the trailing 12-month amount divided by four.

(5) To add in income for property under development that is build-to-suit at the initial cash yields of the projects upon completion.

(6) To adjust percentage rents and participating interest income from the actual quarterly amount to the mid-point of the guidance amount shown on page 23, less non-recurring adjustments, divided by four.

(7) Adjustments for various non-recurring items during the quarter.

(8) Annualized Adjusted EBITDAre for the quarter is multiplied by four to calculate an annualized amount.

Q2 2026 Supplemental

Page 31

GRAPHIC

Filename: amca02a.jpg · Sequence: 9

Binary file (27488 bytes)

Download amca02a.jpg

GRAPHIC

Filename: aquatopiaa02a.jpg · Sequence: 10

Binary file (47831 bytes)

Download aquatopiaa02a.jpg

GRAPHIC

Filename: chart-30838770d3614df2a42a.jpg · Sequence: 11

Binary file (31246 bytes)

Download chart-30838770d3614df2a42a.jpg

GRAPHIC

Filename: epr2021logo_tagxrgb1a.jpg · Sequence: 12

Binary file (78386 bytes)

Download epr2021logo_tagxrgb1a.jpg

GRAPHIC

Filename: epr2021logo_tagxrgba.jpg · Sequence: 13

Binary file (147099 bytes)

Download epr2021logo_tagxrgba.jpg

GRAPHIC

Filename: header-updateda.jpg · Sequence: 14

Binary file (157056 bytes)

Download header-updateda.jpg

GRAPHIC

Filename: iptgraphica02a.jpg · Sequence: 15

Binary file (214324 bytes)

Download iptgraphica02a.jpg

GRAPHIC

Filename: portfoliocompositionnewa02a.jpg · Sequence: 16

Binary file (905167 bytes)

Download portfoliocompositionnewa02a.jpg

GRAPHIC

Filename: q22026earningscallpresen001.jpg · Sequence: 17

Binary file (66721 bytes)

Download q22026earningscallpresen001.jpg

GRAPHIC

Filename: q22026earningscallpresen002.jpg · Sequence: 18

Binary file (293296 bytes)

Download q22026earningscallpresen002.jpg

GRAPHIC

Filename: q22026earningscallpresen003.jpg · Sequence: 19

Binary file (125281 bytes)

Download q22026earningscallpresen003.jpg

GRAPHIC

Filename: q22026earningscallpresen004.jpg · Sequence: 20

Binary file (161989 bytes)

Download q22026earningscallpresen004.jpg

GRAPHIC

Filename: q22026earningscallpresen005.jpg · Sequence: 21

Binary file (145839 bytes)

Download q22026earningscallpresen005.jpg

GRAPHIC

Filename: q22026earningscallpresen006.jpg · Sequence: 22

Binary file (203933 bytes)

Download q22026earningscallpresen006.jpg

GRAPHIC

Filename: q22026earningscallpresen007.jpg · Sequence: 23

Binary file (160425 bytes)

Download q22026earningscallpresen007.jpg

GRAPHIC

Filename: q22026earningscallpresen008.jpg · Sequence: 24

Binary file (174246 bytes)

Download q22026earningscallpresen008.jpg

GRAPHIC

Filename: q22026earningscallpresen009.jpg · Sequence: 25

Binary file (106454 bytes)

Download q22026earningscallpresen009.jpg

GRAPHIC

Filename: q22026earningscallpresen010.jpg · Sequence: 26

Binary file (118703 bytes)

Download q22026earningscallpresen010.jpg

GRAPHIC

Filename: q22026earningscallpresen011.jpg · Sequence: 27

Binary file (119767 bytes)

Download q22026earningscallpresen011.jpg

GRAPHIC

Filename: q22026earningscallpresen012.jpg · Sequence: 28

Binary file (93636 bytes)

Download q22026earningscallpresen012.jpg

GRAPHIC

Filename: q22026earningscallpresen013.jpg · Sequence: 29

Binary file (172613 bytes)

Download q22026earningscallpresen013.jpg

GRAPHIC

Filename: q22026earningscallpresen014.jpg · Sequence: 30

Binary file (131699 bytes)

Download q22026earningscallpresen014.jpg

GRAPHIC

Filename: q22026earningscallpresen015.jpg · Sequence: 31

Binary file (150538 bytes)

Download q22026earningscallpresen015.jpg

GRAPHIC

Filename: q22026earningscallpresen016.jpg · Sequence: 32

Binary file (139097 bytes)

Download q22026earningscallpresen016.jpg

GRAPHIC

Filename: q22026earningscallpresen017.jpg · Sequence: 33

Binary file (47656 bytes)

Download q22026earningscallpresen017.jpg

GRAPHIC

Filename: skia02a.jpg · Sequence: 34

Binary file (21825 bytes)

Download skia02a.jpg

GRAPHIC

Filename: suppcoverq22026a.jpg · Sequence: 35

Binary file (1150165 bytes)

Download suppcoverq22026a.jpg

GRAPHIC

Filename: topgolfa02a.jpg · Sequence: 36

Binary file (43780 bytes)

Download topgolfa02a.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 38

v3.26.1

DEI Information Document

Jul. 29, 2026

Document Information [Line Items]

Entity Central Index Key

0001045450

Document Type

8-K

Document Period End Date

Jul. 29, 2026

Entity Registrant Name

EPR Properties

Entity Incorporation, State or Country Code

Entity File Number

001-13561

Entity Tax Identification Number

43-1790877

Entity Address, Address Line One

909 Walnut Street,

Entity Address, Address Line Two

Suite 200

Entity Address, City or Town

Kansas City,

Entity Address, State or Province

Entity Address, Postal Zip Code

64106

City Area Code

(816)

Local Phone Number

472-1700

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Amendment Flag

false

Common Stock [Member]

Document Information [Line Items]

Title of 12(b) Security

Common shares, par value $0.01 per share

Trading Symbol

EPR

Security Exchange Name

NYSE

Series C Preferred Stock [Member]

Document Information [Line Items]

Title of 12(b) Security

5.75% Series C cumulative convertible preferred shares, par value $0.01 per share

Trading Symbol

EPR PrC

Security Exchange Name

NYSE

Series E Preferred Stock [Member]

Document Information [Line Items]

Title of 12(b) Security

9.00% Series E cumulative convertible preferred shares, par value $0.01 per share

Trading Symbol

EPR PrE

Security Exchange Name

NYSE

Series G Preferred Stock [Member]

Document Information [Line Items]

Title of 12(b) Security

5.75% Series G cumulative redeemable preferred shares, par value $0.01 per share

Trading Symbol

EPR PrG

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesCPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesEPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesGPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: