| Entertainment Properties Trust (EPT), a real estate investment trust (REIT), invests in entertainment-related properties. As of June 30, 2004, the company invested in 52 megaplex theatre properties; and various restaurant, retail, and other properties located in 20 states in the United States, and Ontario, Canada. EPT also has investments in development land and construction in progress for theatre and theatre-related developments. As a REIT, the company would not be subject to federal income taxes as it distributes at least 900f its taxable income to its shareholders each year. The company was organized in 1997 and is based in Kansas City, Missouri. |
