| Business Summary | | Entertainment
Properties
Trust
is
a
real
estate
investment
trust
(REIT)
formed
to
capitalize
on
the
opportunities
created
by
the
development
of
destination
entertainment
and
entertainment-related
properties,
including
megaplex
movie
theatre
complexes.
As
of
December
31,
2000,
the
Company's
real
estate
portfolio
was
comprised
primarily
of
26
megaplex
theatre
properties,
including
joint-venture
properties
located
in
11
states,
one
entertainment-themed
retail
center
development
property
located
in
Westminster,
Colorado
and
land
parcels
leased
to
restaurant
operators
and
related
properties
adjacent
to
several
of
its
theatre
properties.
The
Company's
theatre
properties
are
leased
to
theatre
operators,
including
American
Multi-Cinema,
Inc.,
a
subsidiary
of
AMC
Entertainment,
Inc.,
Muvico
Entertainment
LLC,
Edwards
Theatre
Circuits,
Inc.,
Consolidated
Theatres
and
Loews
Cineplex
Entertainment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Entertainment
Properties
Trust
is
a
real
estate
investment
trust
formed
to
capitalize
on
the
opportunities
created
by
the
development
of
destination
entertainment
and
entertainment-related
properties
including
megaplex
movie
theatre
complexes.
For
the
six
months
ended
6/30/01,
revenues
fell
less
than
1%
to
$27.9
million.
Net
income
fell
10%
to
$11.4
million.
Revenues
reflect
lower
rental
sales.
Earnings
also
reflect
higher
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Peter Brown, 41 Chairman | -- | David Brain, 43 Pres,
CEO, Director | $271K | Fred Kennon CFO, VP, Treasurer, Controller | 156K | Gregory Silvers VP,
Gen. Counsel and Sec. | 158K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|