Balance Sheet Data: As of December 31, 2019 Experiential Education Corporate/Unallocated Consolidated Total Assets $ 5,307,295 $ 730,165 $ 540,051 $ 6,577,511 As of December 31, 2018 Experiential Education Corporate/Unallocated Consolidated Total Assets $ 4,740,387 $ 1,366,278 $ 24,725 $ 6,131,390 Operating Data: For the Year Ended December 31, 2019 Experiential Education Corporate/Unallocated Consolidated Rental revenue $ 525,085 $ 67,937 $  $ 593,022 Other income 24,818  1,102 25,920 Mortgage and other financing income 31,594 1,433  33,027 Total revenue 581,497 69,370 1,102 651,969 Property operating expense 56,369 3,481 889 60,739 Other expense 29,222  445 29,667 Total investment expenses 85,591 3,481 1,334 90,406 Net operating income - before unallocated items 495,906 65,889 (232 ) 561,563 Reconciliation to Consolidated Statements of Income and Comprehensive Income: General and administrative expense (46,371 ) Severance expense (2,364 ) Costs associated with loan refinancing or payoff (38,269 ) Interest expense, net (142,002 ) Transaction costs (23,789 ) Impairment charges (2,206 ) Depreciation and amortization (158,834 ) Equity in loss from joint ventures (381 ) Gain on sale of real estate 4,174 Income tax benefit 3,035 Discontinued operations: Income from discontinued operations before other items 37,241 Impairment on public charter school portfolio sale (21,433 ) Gain on sale of real estate from discontinued operations 31,879 Net income 202,243 Preferred dividend requirements (24,136 ) Net income available to common shareholders of EPR Properties $ 178,107 For the Year Ended December 31, 2018 Experiential Education Corporate/Unallocated Consolidated Rental revenue $ 453,721 $ 55,365 $  $ 509,086 Other income 332  1,744 2,076 Mortgage and other financing income 117,171 11,588  128,759 Total revenue 571,224 66,953 1,744 639,921 Property operating expense 26,168 2,831 655 29,654 Other expense   443 443 Total investment expenses 26,168 2,831 1,098 30,097 Net operating income - before unallocated items 545,056 64,122 646 609,824 Reconciliation to Consolidated Statements of Income and Comprehensive Income: General and administrative expense (48,889 ) Severance expense (5,938 ) Litigation settlement expense (2,090 ) Costs associated with loan refinancing or payoff (31,958 ) Interest expense, net (135,870 ) Transaction costs (3,698 ) Impairment charges (27,283 ) Depreciation and amortization (138,395 ) Equity in loss from joint ventures (22 ) Gain on sale of real estate 3,037 Gain on sale of investment in a direct financing lease 5,514 Income tax expense (2,285 ) Discontinued operations: Income from discontinued operations before other items 45,036 Net income 266,983 Preferred dividend requirements (24,142 ) Net income available to common shareholders of EPR Properties $ 242,841 For the Year Ended December 31, 2017 Experiential Education Corporate/Unallocated Consolidated Rental revenue $ 405,172 $ 36,015 $  $ 441,187 Other income 614 1 2,480 3,095 Mortgage and other financing income 53,147 20,891  74,038 Total revenue 458,933 56,907 2,480 518,320 Property operating expense 24,699 5,988 640 31,327 Other expense   242 242 Total investment expenses 24,699 5,988 882 31,569 Net operating income - before unallocated items 434,234 50,919 1,598 486,751 Reconciliation to Consolidated Statements of Income and Comprehensive Income: General and administrative expense (43,383 ) Costs associated with loan refinancing or payoff (1,549 ) Gain on early extinguishment of debt 977 Interest expense, net (133,461 ) Transaction costs (523 ) Impairment charges (1,902 ) Depreciation and amortization (121,357 ) Equity in income from joint ventures 72 Gain on sale of real estate 41,942 Income tax expense (2,399 ) Discontinued operations: Income from discontinued operations before other items 46,093 Impairment charges (8,293 ) Net income 262,968 Preferred dividend requirements (24,293 ) Preferred share redemption costs (4,457 ) Net income available to common shareholders of EPR Properties $ 234,218