2012 Q2 Form 10-Q Financial Statement

#000087786012000061 Filed on August 06, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $20.92M $29.99M
YoY Change -30.25% 58.5%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.950M $1.630M
YoY Change 19.63% -7.39%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.400M $2.900M
YoY Change 17.24% 0.0%
% of Gross Profit
Operating Expenses $5.992M $6.147M
YoY Change -2.52% 56.02%
Operating Profit $15.86M $23.84M
YoY Change -33.48%
Interest Expense $747.0K $1.589M
YoY Change -52.99% 137.16%
% of Operating Profit 4.71% 6.66%
Other Income/Expense, Net $8.810M
YoY Change 6192.86%
Pretax Income $15.83M $26.24M
YoY Change -39.67% 66.18%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $16.93M $25.12M
YoY Change -32.61% 30.89%
Net Earnings / Revenue 80.93% 83.75%
Basic Earnings Per Share $0.61 $0.90
Diluted Earnings Per Share $0.61 $0.90
COMMON SHARES
Basic Shares Outstanding 27.79M shares 27.71M shares
Diluted Shares Outstanding 27.82M shares 27.80M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.94M $21.90M
YoY Change 4.76% 87.18%
Cash & Equivalents $9.800M $15.48M
Short-Term Investments $13.14M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.300M $300.0K
Other Receivables $9.700M $6.800M
Total Short-Term Assets $20.80M $29.00M
YoY Change -28.28% 89.54%
LONG-TERM ASSETS
Property, Plant & Equipment $412.3M $337.3M
YoY Change 22.24% 3.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $53.60M $49.80M
YoY Change 7.63% -14.73%
Other Assets $29.40M $29.40M
YoY Change 0.0% -11.98%
Total Long-Term Assets $577.6M $493.0M
YoY Change 17.16% -0.32%
TOTAL ASSETS
Total Short-Term Assets $20.80M $29.00M
Total Long-Term Assets $577.6M $493.0M
Total Assets $598.4M $522.0M
YoY Change 14.64% 2.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.900M $3.300M
YoY Change 18.18% 13.79%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.00M $20.30M
YoY Change 8.37% 7.98%
LONG-TERM LIABILITIES
Long-Term Debt $120.0M $48.80M
YoY Change 145.9% 11.42%
Other Long-Term Liabilities $11.10M $5.500M
YoY Change 101.82% -37.5%
Total Long-Term Liabilities $131.1M $54.30M
YoY Change 141.44% 3.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.00M $20.30M
Total Long-Term Liabilities $131.1M $54.30M
Total Liabilities $153.1M $74.50M
YoY Change 105.54% 4.34%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $467.6M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $445.3M $447.4M
YoY Change
Total Liabilities & Shareholders Equity $598.4M $522.0M
YoY Change 14.64% 2.37%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $16.93M $25.12M
YoY Change -32.61% 30.89%
Depreciation, Depletion And Amortization $3.400M $2.900M
YoY Change 17.24% 0.0%
Cash From Operating Activities $20.70M $21.30M
YoY Change -2.82% 6.5%
INVESTING ACTIVITIES
Capital Expenditures -$19.40M -$15.20M
YoY Change 27.63% 32.17%
Acquisitions
YoY Change
Other Investing Activities -$4.200M $12.30M
YoY Change -134.15% 151.02%
Cash From Investing Activities -$23.60M -$2.900M
YoY Change 713.79% -56.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.800M -17.70M
YoY Change -132.77% 195.0%
NET CHANGE
Cash From Operating Activities 20.70M 21.30M
Cash From Investing Activities -23.60M -2.900M
Cash From Financing Activities 5.800M -17.70M
Net Change In Cash 2.900M 700.0K
YoY Change 314.29% -90.41%
FREE CASH FLOW
Cash From Operating Activities $20.70M $21.30M
Capital Expenditures -$19.40M -$15.20M
Free Cash Flow $40.10M $36.50M
YoY Change 9.86% 15.87%

Facts In Submission

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us-gaap Operating Expenses
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12594000 USD
us-gaap Operating Expenses
OperatingExpenses
13035000 USD
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
6093000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
23842000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
39332000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
15681000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
32808000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
5771000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8051000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
557000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
966000 USD
CY2011Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8446000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-8809000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-30000 USD
CY2011Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-8655000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-30000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1903000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
758000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
199000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2011Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
209000 USD
CY2012Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1494000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
12862000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
125000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2144000 USD
CY2012Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1084000 USD
CY2011Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
9790000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
11202000 USD
CY2011Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
9790000 USD
CY2012Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1084000 USD
CY2012Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
84000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
169000 USD
CY2011Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
115000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
237000 USD
CY2012Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
171000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
753000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
33794000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
42205000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
3367000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
5262000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
15480000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
24298000 USD
CY2012Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
19.25
CY2012Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
2366000 USD
CY2011Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1443000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
120000000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
50000000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
1735000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
2804000 USD
us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Real Estate Properties &#8211;</font><font style="font-family:inherit;font-size:10pt;"> We evaluate the recoverability of the carrying value of our real estate properties on a property-by-property basis. &#160;On a quarterly basis, we review our properties for events or circumstances that indicate the carrying value of the property may not be recoverable. &#160;The need to recognize an impairment is based on estimated undiscounted future cash flows from a property compared to the carrying value of that property. &#160;If recognition of an impairment is necessary, it is measured as the amount by which the carrying amount of the property exceeds the fair value of the property.</font></div></div>
CY2012Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
153459000 USD
CY2011Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
146698000 USD
CY2011Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
541493000 USD
CY2012Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
565791000 USD
CY2012Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
412332000 USD
CY2011Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
394795000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
0 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
1250000 USD
CY2012Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
1000 USD
CY2011Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
6000 USD
us-gaap Revenues
Revenues
45843000 USD
CY2012Q2 us-gaap Revenues
Revenues
21774000 USD
us-gaap Revenues
Revenues
51926000 USD
CY2011Q2 us-gaap Revenues
Revenues
29989000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-907000 USD
CY2011Q2 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
0 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
0 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-907000 USD
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3175 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1250 shares
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1250 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1925 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1250 shares
CY2012Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
321663 shares
CY2011Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
488996 shares
CY2010Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
384507 shares
CY2012Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
498338 shares
CY2011Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
509422 shares
CY2011Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
677589 shares
CY2011Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2639000 USD
CY2012Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1678000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
443485000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
445272000 USD
us-gaap Straight Line Rent
StraightLineRent
1077000 USD
us-gaap Straight Line Rent
StraightLineRent
1855000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2011Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-988000 USD
CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27792834 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27784469 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27702432 shares
CY2011Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27708136 shares
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27799616 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27812027 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27820831 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27784469 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27797863 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27702432 shares
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27708136 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27792834 shares
CY2012Q2 nhi Notes Receivable Fair Value Disclosure Amount
NotesReceivableFairValueDisclosureAmount
91750000 USD
CY2012Q2 nhi Accumulated Straight Line Rent Adjustment Write Off
AccumulatedStraightLineRentAdjustmentWriteOff
963000 USD
CY2012Q1 nhi Additional Amount Of Commitment Towards Mortgage Note Receivable
AdditionalAmountOfCommitmentTowardsMortgageNoteReceivable
50000 USD
nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
0 shares
CY2012Q2 nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
0 shares
CY2011Q2 nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
1335 shares
nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
1741 shares
nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
93690 shares
CY2011Q2 nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
90145 shares
CY2012Q2 nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
27997 shares
nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
27558 shares
CY2012Q1 nhi Capital Improvements Commitment
CapitalImprovementsCommitment
146000 USD
CY2011Q1 nhi Carrying Value Of Assets Sold
CarryingValueOfAssetsSold
4039000 USD
CY2012Q2 nhi Closing Price Of Common Stock
ClosingPriceOfCommonStock
36.28
CY2012Q2 nhi Coupon Rate Convertible Preferred Stock Purchased
CouponRateConvertiblePreferredStockPurchased
0.085
CY2012Q2 nhi Decrease In Lease Payments Tenant Transition
DecreaseInLeasePaymentsTenantTransition
450000 USD
nhi Decrease In Lease Payments Tenant Transition
DecreaseInLeasePaymentsTenantTransition
434000 USD
nhi Depreciation Continuing Operations
DepreciationContinuingOperations
6761000 USD
nhi Depreciation Continuing Operations
DepreciationContinuingOperations
5798000 USD
CY2012Q2 nhi Depreciation Continuing Operations
DepreciationContinuingOperations
3396000 USD
CY2011Q2 nhi Depreciation Continuing Operations
DepreciationContinuingOperations
2930000 USD
nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
34000 USD
CY2011Q2 nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
17000 USD
nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
0 USD
CY2012Q2 nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
0 USD
nhi Dividend And Interest Income From Marketable Securities
DividendAndInterestIncomeFromMarketableSecurities
309000 USD
nhi Dividend And Interest Income From Marketable Securities
DividendAndInterestIncomeFromMarketableSecurities
519000 USD
CY2012Q2 nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
229000 USD
CY2011Q2 nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
194000 USD
nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
482000 USD
nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
354000 USD
nhi Interest Income On Construction Loan
InterestIncomeOnConstructionLoan
0 USD
nhi Interest Income On Construction Loan
InterestIncomeOnConstructionLoan
488000 USD
CY1998Q3 nhi Investment In Cumulative Preferred Stock
InvestmentInCumulativePreferredStock
2000000 shares
CY2012Q2 nhi Lease Receivable Write Off
LeaseReceivableWriteOff
126000 USD
CY2012Q2 nhi Nonvoting Convertible Preferred Stock
NonvotingConvertiblePreferredStock
2000000 shares
CY2011Q4 nhi Notes Receivable Fair Value Disclosure Amount
NotesReceivableFairValueDisclosureAmount
88824000 USD
CY2012Q2 nhi Number Of Health Care Properties Related To Mortgage Notes Receivables
NumberOfHealthCarePropertiesRelatedToMortgageNotesReceivables
30 properties
CY2011Q4 nhi Original Cost Of Cost Method Investments
OriginalCostOfCostMethodInvestments
38132000 USD
CY2012Q2 nhi Real Estate Purchase Liabilities
RealEstatePurchaseLiabilities
9478000 USD
CY2011Q4 nhi Real Estate Purchase Liabilities
RealEstatePurchaseLiabilities
9478000 USD
nhi Receipt Of Earnest Money Deposit
ReceiptOfEarnestMoneyDeposit
0 USD
nhi Receipt Of Earnest Money Deposit
ReceiptOfEarnestMoneyDeposit
525000 USD
dei Entity Registrant Name
EntityRegistrantName
NATIONAL HEALTH INVESTORS INC
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000877860
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
27830311 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer

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