Theatres

As the leaders in theatre financing for over two decades, we’ve seen the consistent resiliency of the moviegoing experience firsthand with operator and geographic diversity of 18 operators and properties across 36 states.

183

Properties

45%

Annualized Adjusted Revenue*

18

Operators

Moviegoing remains the dominant out of home entertainment experience with a stable 25-year revenue compound annual growth rate (CAGR) of 3%, 2018 record revenues of $11.8B and attendance of 1.3B.** Today’s audiences are seeking a complete experience when they spend their leisure dollars. Expanded food and beverage concepts, luxury seating and the latest technology enhance the new moviegoing experience.

EPR Properties owns the strongest portfolio of theatres operated by premiere motion picture exhibition companies, where we empower their success with financing options that provide a total solution for their real estate needs. As the REIT that first specialized in movie theatres, we use the knowledge we’ve gained to partner with operators who can deliver the best in the business. With two decades of success and over $2 billion in theatre investments, we bring valuable experience and insight to theatre real estate investing.

*Annualized Adjusted Revenue (a non-GAAP financial measure) is Total Revenue for the quarter ended September 30, 2019, excluding public charter school total revenue, other income and pass through revenues, further adjusted for in-service projects and percentage rent and participating interest. This number is then multiplied by four to get an annual amount. See reconciliation of Annualized Adjusted Revenue to Total Revenue on Slide 17 in the Charter School Transaction Presentation in the Investor Center.
**Box Office Mojo