2021 Q1 Form 10-Q Financial Statement

#000150370721000021 Filed on May 14, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $57.33M $72.89M
YoY Change -21.34% 0.51%
Cost Of Revenue $45.62M $45.70M
YoY Change -0.18% 1.07%
Gross Profit $11.72M $27.19M
YoY Change -56.91% -0.41%
Gross Profit Margin 20.43% 37.3%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.39M $16.49M
YoY Change -6.68% -26.39%
% of Gross Profit 131.33% 60.64%
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $16.03M $16.68M
YoY Change -3.92% -4.12%
% of Operating Profit
Other Income/Expense, Net $7.360M
YoY Change
Pretax Income -$9.250M -$11.54M
YoY Change -19.84% -37.42%
Income Tax $15.00K $14.00K
% Of Pretax Income
Net Earnings -$10.16M -$12.55M
YoY Change -19.06% -32.6%
Net Earnings / Revenue -17.71% -17.21%
Basic Earnings Per Share -$0.05
Diluted Earnings Per Share -$0.05
COMMON SHARES
Basic Shares Outstanding 190.6M shares 189.1M shares
Diluted Shares Outstanding 190.6M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $90.97M $36.89M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $21.39M $21.39M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $221.9M $265.3M
YoY Change -16.35% 1.91%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.882B $2.120B
YoY Change -11.22% -4.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $1.478B $1.466B
YoY Change 0.86% -2.5%
SHAREHOLDERS EQUITY
Retained Earnings -$1.313B -$1.054B
YoY Change 24.62% 7.21%
Common Stock $1.714B $1.705B
YoY Change 0.57% -0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $401.2M $649.4M
YoY Change
Total Liabilities & Shareholders Equity $1.882B $2.120B
YoY Change -11.22% -4.9%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$10.16M -$12.55M
YoY Change -19.06% -32.6%
Depreciation, Depletion And Amortization $15.39M $16.49M
YoY Change -6.68% -26.39%
Cash From Operating Activities -$6.660M $2.429M
YoY Change -374.19% -220.31%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $903.0K
YoY Change -100.0% -265.08%
Cash From Investing Activities $44.68M -$1.265M
YoY Change -3631.62% -156.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $1.998M
YoY Change -100.0% 1.01%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$20.34M -$8.086M
YoY Change 151.58% -41.01%
NET CHANGE
Cash From Operating Activities -$6.660M $2.429M
Cash From Investing Activities $44.68M -$1.265M
Cash From Financing Activities -$20.34M -$8.086M
Net Change In Cash $17.67M -$6.922M
YoY Change -355.3% -48.67%
FREE CASH FLOW
Cash From Operating Activities -$6.660M $2.429M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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EntityRegistrantName
NorthStar Healthcare Income, Inc.
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2500000 USD
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2500000 USD
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535000 USD
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26000 USD
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221000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
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2429000 USD
CY2021Q1 nshi Paymentsto Improve Real Estate
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2416000 USD
CY2020Q1 nshi Paymentsto Improve Real Estate
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2127000 USD
CY2021Q1 nshi Proceeds From Sale Of Real Estate Investing
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21258000 USD
CY2020Q1 nshi Proceeds From Sale Of Real Estate Investing
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859000 USD
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1765000 USD
CY2021Q1 nshi Proceeds From Real Estate Debt Investment Modification Fee
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CY2020Q1 nshi Proceeds From Real Estate Debt Investment Modification Fee
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CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
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362000 USD
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240000 USD
CY2020Q1 us-gaap Proceeds From Minority Shareholders
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86000 USD
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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51898000 USD
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CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020Q1 us-gaap Interest Costs Capitalized
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CY2021Q1 us-gaap Nature Of Operations
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Business and Organization<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NorthStar Healthcare Income, Inc., together with its consolidated subsidiaries (the “Company”), manages a diversified portfolio of investments in healthcare real estate, owned directly or through joint ventures, with a focus on the mid-acuity seniors housing sector, which the Company defines as assisted living (“ALF”), memory care (“MCF”), skilled nursing (“SNF”), independent living (“ILF”) facilities and continuing care retirement communities (“CCRC”), which have independent living, assisted living, skilled nursing and memory care available on one campus. Primarily through joint ventures, the Company is also invested in other healthcare property types, including medical office buildings (“MOB”), hospitals, rehabilitation facilities and ancillary healthcare services businesses. The Company’s investments are predominantly in the United States, but through its joint ventures also has international investments in the United Kingdom. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company was formed in October 2010 as a Maryland corporation and commenced operations in February 2013. The Company elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), commencing with the taxable year ended December 31, 2013. The Company conducts its operations so as to continue to qualify as a REIT for U.S. federal income tax purposes.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of the Company’s business is conducted through NorthStar Healthcare Income Operating Partnership, LP (the “Operating Partnership”). The Company is the sole general partner of the Operating Partnership. The limited partners of the Operating Partnership are NorthStar Healthcare Income Advisor, LLC (the “Prior Advisor”) and NorthStar Healthcare Income OP Holdings, LLC (the “Special Unit Holder”), each an affiliate of the Company’s sponsor. The Prior Advisor invested $1,000 in the Operating Partnership in exchange for common units and the Special Unit Holder invested $1,000 in the Operating Partnership and was issued a separate class of limited partnership units (the “Special Units”), which are collectively recorded as non-controlling interests on the accompanying consolidated balance sheets as of March 31, 2021 and December 31, 2020. As the Company issued shares, it contributed substantially all of the proceeds from its continuous, public offerings to the Operating Partnership as a capital contribution. As of March 31, 2021, the Company’s limited partnership interest in the Operating Partnership was 99.99%.</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s charter authorizes the issuance of up to 400.0 million shares of common stock with a par value of $0.01 per share and up to 50.0 million shares of preferred stock with a par value of $0.01 per share. The board of directors of the Company is authorized to amend its charter, without the approval of the stockholders, to increase the aggregate number of authorized shares of capital stock or the number of shares of any class or series that the Company has authority to issue.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is externally managed and has no employees. The Company is sponsored by Colony Capital, Inc. (NYSE: CLNY) (“Colony Capital” or the “Sponsor”), a leading global investment management firm. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Colony Capital manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds and non-traded and traded REITs. The Company’s advisor, CNI NSHC Advisors, LLC (the “Advisor”), is a subsidiary of Colony Capital and manages its day-to-day operations pursuant to an advisory agreement.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">From inception through March 31, 2021, the Company raised total gross proceeds from the sale of shares of common stock totaling $2.0 billion (the “Offering”), including $232.6 million pursuant to its distribution reinvestment plan (the “DRP”). </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Impact of COVID-19</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The world continues to experience the broad effects of the coronavirus 2019 (“COVID-19”) pandemic, with efforts to address the pandemic impacting economic and financial markets globally and across all facets of industries, including real estate. The Company's healthcare real estate business and investments have experienced a myriad of challenges, including, but not limited to, declines in resident occupancy and operating cash flows, increases in cost burden faced by operators, lease concessions sought by tenants, and a stressed market affecting real estate values in general. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The recovery from the impact of the COVID-19 pandemic on the Company’s operational and financial performance will depend on a variety of factors, which may differ considerably across regions and fluctuate over time. Recent guidance from state and local governments, including the easing of restrictions, the resumption of normal business operations in many municipalities, and lower reported infection rates are encouraging signs towards a recovery from the effects of the pandemic. Significant vaccine deployment and acceptance has begun to mitigate the number of confirmed COVID-19 cases, which in turn has helped to reduce preventative operating costs that continue to be incurred. However, occupancy challenges are still anticipated until such time that the rate of resident move-outs is outpaced by new resident admissions, for which the future trend remains uncertain. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company anticipates a recovery of its healthcare real estate business will span over future periods. An extended recovery period increases the risk of a prolonged negative impact on the Company’s financial condition and results of operations. While the Company has the ability to meet its near term liquidity needs, general market concerns over credit and liquidity continue and the effects of COVID-19 may also lead to heightened risk of litigation, with an ensuing increase in litigation and related costs.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At this time, the progression of the global economic recovery from the broad effects of COVID-19 remains difficult for the Company to assess and estimate the future impact of COVID-19 on the Company's results of operations. Accordingly, any estimates of the effects of COVID-19 as reflected and/or discussed in these financial statements are based upon the Company's best estimates using information known to the Company as of the date of this Quarterly Report on Form 10-Q, and such estimates may change, the effects of which could be material. The Company will continue to monitor the progression of the economic recovery from COVID-19 and reassess its effects on the Company’s results of operations and recoverability of value across its assets as conditions change.</span></div>
CY2021Q1 us-gaap Common Stock Shares Authorized
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CY2021Q1 us-gaap Use Of Estimates
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<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that could affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates and assumptions. Any estimates of the effects of COVID-19 as reflected and/or discussed in these financial statements are based upon the Company's best estimates using information known to the Company as of the date of this Quarterly Report on Form 10-Q. Such estimates may change and the impact of which could be material.</span></div>
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CY2020Q1 nshi Finance Lease Payments
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200000 USD
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CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y
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CY2021Q1 nshi Numberof Properties Heldfor Sale
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2 property
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CY2021Q1 us-gaap Intangible Assets Net Including Goodwill
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CY2021Q1 nshi Deferred Costs And Intangible Assets Net
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26016000 USD
CY2020Q4 nshi Deferred Costs And Intangible Assets Net
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26483000 USD
CY2020Q1 nshi Amortizationof Deferred Costsand Intangible Assets
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500000 USD
CY2021Q1 nshi Amortizationof Deferred Costsand Intangible Assets
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500000 USD
CY2021Q1 nshi Deferred Costsand Finite Lived Intangible Assets Amortization Expense Remainderof Fiscal Year
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1403000 USD
CY2021Q1 nshi Deferred Costs And Finite Lived Intangible Assets Amortization Expense Year One
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593000 USD
CY2021Q1 nshi Deferred Costs And Finite Lived Intangible Assets Amortization Expense Year Two
DeferredCostsAndFiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
337000 USD
CY2021Q1 nshi Deferred Costs And Finite Lived Intangible Assets Amortization Expense Year Three
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337000 USD
CY2021Q1 nshi Deferred Costs And Finite Lived Intangible Assets Amortization Expense Year Four
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337000 USD
CY2021Q1 nshi Deferred Costs And Finite Lived Intangible Assets Amortization Expense After Year Four
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1242000 USD
CY2021Q1 nshi Deferred Costsand Finite Lived Intangible Assets Net
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4249000 USD
CY2021Q1 nshi Healthcare Facility Regulatory Reserve
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6000000 USD
CY2021Q1 nshi Ownership Interestin Condominiums
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2327000 USD
CY2021Q1 nshi Lessor Concession Granted Repayment Period Covid19
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P12M
CY2020Q4 nshi Ownership Interestin Condominiums
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CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
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CY2021Q1 nshi Utility Deposit Assets
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CY2020Q4 nshi Utility Deposit Assets
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CY2021Q1 us-gaap Other Assets Miscellaneous
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CY2020Q4 us-gaap Other Assets Miscellaneous
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CY2021Q1 us-gaap Other Assets
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CY2020Q4 us-gaap Other Assets
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9681000 USD
CY2021Q1 nshi Lease Terms Days Notice Required For Termination
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CY2021Q1 nshi Lease Terms Days Notice Required For Termination
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30 D
CY2021Q1 us-gaap Operating Lease Variable Lease Income
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CY2020Q1 us-gaap Operating Lease Variable Lease Income
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7400000 USD
CY2021Q1 nshi Lessor Concession Granted Period Covid19
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P90D
CY2021Q1 nshi Lessor Concession Granted Payments Deferred Covid19
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1200000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
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CY2021Q1 us-gaap Asset Impairment Charges
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CY2021Q1 us-gaap Equity Method Investment Other Than Temporary Impairment
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CY2021Q1 nshi Acquisition Feeand Expense Cap
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CY2021Q1 us-gaap Deferred Tax Assets Liabilities Net
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21900000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
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CY2021Q1 us-gaap Land
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230406000 USD
CY2020Q4 us-gaap Land
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CY2021Q1 us-gaap Land Improvements
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23215000 USD
CY2020Q4 us-gaap Land Improvements
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23797000 USD
CY2021Q1 us-gaap Investment Building And Building Improvements
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1376487000 USD
CY2020Q4 us-gaap Investment Building And Building Improvements
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1389706000 USD
CY2021Q1 us-gaap Tenant Improvements
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16523000 USD
CY2020Q4 us-gaap Tenant Improvements
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16172000 USD
CY2021Q1 us-gaap Construction In Progress Gross
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2587000 USD
CY2020Q4 us-gaap Construction In Progress Gross
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2535000 USD
CY2021Q1 us-gaap Furniture And Fixtures Gross
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106673000 USD
CY2020Q4 us-gaap Furniture And Fixtures Gross
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108055000 USD
CY2021Q1 us-gaap Real Estate Investment Property At Cost
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CY2020Q4 us-gaap Real Estate Investment Property At Cost
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CY2021Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
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298494000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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291041000 USD
CY2021Q1 us-gaap Real Estate Investments
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1457397000 USD
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1483930000 USD
CY2021Q1 us-gaap Depreciation
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14900000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
16000000.0 USD
CY2021Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
800000 USD
CY2020Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2021Q1 us-gaap Equity Method Investments
EquityMethodInvestments
221944000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
229173000 USD
CY2019Q2 nshi Equity Method Investment Numberof Facilities Sold
EquityMethodInvestmentNumberofFacilitiesSold
11 facility
CY2019Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
118000000.0 USD
CY2019Q1 nshi Proceeds From Sale Of Property Held For Sale Net
ProceedsFromSaleOfPropertyHeldForSaleNet
4300000 USD
CY2021Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
300000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-890000 USD
CY2021Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
859000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-993000 USD
CY2020Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1765000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
33973000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
467008000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
19696000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
20406000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
670302000 USD
CY2021Q1 nshi Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
204276000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
1415661000 USD
CY2021Q1 nshi Debt Instrument Principal Deferred Covid19
DebtInstrumentPrincipalDeferredCOVID19
1300000000 USD
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
8318000 USD
CY2021Q1 nshi Related Party Transaction Dueto Related Parties Amount Incurred
RelatedPartyTransactionDuetoRelatedPartiesAmountIncurred
5658000 USD
CY2021Q1 nshi Related Party Transaction Dueto Related Parties Amount Paid
RelatedPartyTransactionDuetoRelatedPartiesAmountPaid
10164000 USD
CY2021Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
3812000 USD
CY2021Q1 nshi Noncashor Part Noncash Acquisition Noncash Financialor Equity Instrument Consideration Shares Issuedas Paymentfor Asset Management Fees
NoncashorPartNoncashAcquisitionNoncashFinancialorEquityInstrumentConsiderationSharesIssuedasPaymentforAssetManagementFees
2500000 USD
CY2021Q1 nshi Stock Redeemedor Called During Period Shares Paymentof Advisor Asset Management Fees
StockRedeemedorCalledDuringPeriodSharesPaymentofAdvisorAssetManagementFees
600000 shares
CY2021Q1 nshi Noncashor Part Noncash Acquisition Noncash Financialor Equity Instrument Consideration Shares Issuedas Paymentfor Asset Management Fees
NoncashorPartNoncashAcquisitionNoncashFinancialorEquityInstrumentConsiderationSharesIssuedasPaymentforAssetManagementFees
2500000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
45625 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38125 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
147625 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
193250 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
86000000.0 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
300000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-100000 USD
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 segment
CY2021Q1 nshi Rentaland Resident Fee Income
RentalandResidentFeeIncome
57334000 USD
CY2021Q1 us-gaap Interest Income Operating
InterestIncomeOperating
2213000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
45618000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
16025000 USD
CY2021Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
54000 USD
CY2021Q1 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
2769000 USD
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3033000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15387000 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
786000 USD
CY2021Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
7360000 USD
CY2021Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
7515000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-890000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-10155000 USD
CY2020Q1 nshi Rentaland Resident Fee Income
RentalandResidentFeeIncome
72891000 USD
CY2020Q1 us-gaap Interest Income Operating
InterestIncomeOperating
1905000 USD
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
45701000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
16679000 USD
CY2020Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
7000 USD
CY2020Q1 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
4431000 USD
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3029000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16489000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
CY2020Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
0 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-993000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-12547000 USD
CY2021Q1 us-gaap Assets
Assets
1882355000 USD
CY2020Q4 us-gaap Assets
Assets
1918436000 USD
CY2021Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
72 property
CY2021Q1 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
10181 unit
CY2021Q1 us-gaap Noninterest Income
NoninterestIncome
57334000 USD

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