2012 Q3 Form 10-Q Financial Statement

#000087786012000083 Filed on November 05, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2012 Q1 2011 Q4
Revenue $23.40M $23.14M $22.62M
YoY Change 2.74% 5.46% 15.94%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.120M $3.000M $1.520M
YoY Change 40.4% -30.56% -22.05%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.900M $3.400M $3.200M
YoY Change 96.67% 17.24% 10.34%
% of Gross Profit
Operating Expenses $11.06M $6.841M $4.650M
YoY Change 80.57% 6.11% -2.72%
Operating Profit $13.28M $17.22M
YoY Change -25.11% 11.15%
Interest Expense $854.0K $575.0K -$930.0K
YoY Change -52.05% 20.55% -220.78%
% of Operating Profit 6.43% 3.34%
Other Income/Expense, Net $372.0K
YoY Change 175.56%
Pretax Income $13.28M $17.22M $17.05M
YoY Change -20.2% 11.15% 9.44%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0% 0.0%
Net Earnings $14.35M $18.35M $18.11M
YoY Change -23.7% -3.9% 6.78%
Net Earnings / Revenue 61.34% 79.31% 80.06%
Basic Earnings Per Share $0.52 $0.66
Diluted Earnings Per Share $0.52 $0.66 $651.9K
COMMON SHARES
Basic Shares Outstanding 27.83M shares 27.78M shares 27.74M
Diluted Shares Outstanding 27.86M shares 27.80M shares

Balance Sheet

Concept 2012 Q3 2012 Q1 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.22M $18.70M $27.25M
YoY Change 4.62% -11.38% 909.26%
Cash & Equivalents $4.410M $6.927M $15.89M
Short-Term Investments $11.81M $11.77M $11.36M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $600.0K $1.400M
Other Receivables $11.00M $9.700M
Total Short-Term Assets $16.00M $18.00M $24.60M
YoY Change -32.49% -36.17% 203.7%
LONG-TERM ASSETS
Property, Plant & Equipment $519.5M $396.3M $394.8M
YoY Change 52.03% 21.9% 20.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $8.309M $51.30M $0.00
YoY Change -82.8% -17.52% -100.0%
Other Assets $0.00 $29.40M $29.40M
YoY Change -100.0% 0.0% -20.33%
Total Long-Term Assets $659.3M $554.9M $555.0M
YoY Change 32.22% 12.35% 10.73%
TOTAL ASSETS
Total Short-Term Assets $16.00M $18.00M $24.60M
Total Long-Term Assets $659.3M $554.9M $555.0M
Total Assets $675.3M $572.9M $579.6M
YoY Change 29.29% 9.73% 13.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.100M $2.800M $3.500M
YoY Change 5.13% 0.0% 2.94%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.70M $20.90M $27.60M
YoY Change 8.1% 5.56% 36.63%
LONG-TERM LIABILITIES
Long-Term Debt $194.3M $95.30M $97.30M
YoY Change 303.95% 92.91% 157.41%
Other Long-Term Liabilities $7.900M $11.10M $11.20M
YoY Change 38.6% 105.56% 25.84%
Total Long-Term Liabilities $202.2M $106.4M $108.5M
YoY Change 275.84% 94.16% 132.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.70M $20.90M $27.60M
Total Long-Term Liabilities $202.2M $106.4M $108.5M
Total Liabilities $224.9M $127.3M $136.1M
YoY Change 200.62% 70.63% 103.71%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $467.9M $467.4M $466.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $439.4M $445.6M $443.5M
YoY Change
Total Liabilities & Shareholders Equity $675.3M $572.9M $579.6M
YoY Change 29.29% 9.73% 13.8%

Cashflow Statement

Concept 2012 Q3 2012 Q1 2011 Q4
OPERATING ACTIVITIES
Net Income $14.35M $18.35M $18.11M
YoY Change -23.7% -3.9% 6.78%
Depreciation, Depletion And Amortization $5.900M $3.400M $3.200M
YoY Change 96.67% 17.24% 10.34%
Cash From Operating Activities $21.80M $21.25M $18.20M
YoY Change 9.0% 22.43% -4.71%
INVESTING ACTIVITIES
Capital Expenditures -$53.40M -$4.900M -$50.90M
YoY Change 468.09% 1533.33% 399.02%
Acquisitions
YoY Change
Other Investing Activities -$10.70M $800.0K $900.0K
YoY Change -1437.5% -87.3% -160.0%
Cash From Investing Activities -$64.20M -$4.062M -$49.90M
YoY Change 637.93% -167.48% 326.5%
FINANCING ACTIVITIES
Cash Dividend Paid $24.14M
YoY Change 44.13%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 37.00M -$26.14M 32.10M
YoY Change -309.04% 429.02% -539.73%
NET CHANGE
Cash From Operating Activities 21.80M $21.25M 18.20M
Cash From Investing Activities -64.20M -$4.062M -49.90M
Cash From Financing Activities 37.00M -$26.14M 32.10M
Net Change In Cash -5.400M -$8.959M 400.0K
YoY Change -15.62% -148.6% 300.0%
FREE CASH FLOW
Cash From Operating Activities $21.80M $21.25M $18.20M
Capital Expenditures -$53.40M -$4.900M -$50.90M
Free Cash Flow $75.20M $26.15M $69.10M
YoY Change 155.78% 48.1% 135.84%

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205000 USD
us-gaap Legal Fees
LegalFees
424000 USD
CY2011Q3 us-gaap Legal Fees
LegalFees
119000 USD
us-gaap Legal Fees
LegalFees
448000 USD
CY2012Q3 us-gaap Liabilities
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224862000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
136078000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
675273000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
579563000 USD
CY2012Q3 us-gaap Liabilities Fair Value Disclosure
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us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
37765000 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
42300000 USD
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78672000 USD
CY2012Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
79325000 USD
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0 USD
CY2012Q3 us-gaap Marketable Securities
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11806000 USD
CY2011Q4 us-gaap Marketable Securities
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CY2011Q3 us-gaap Marketable Securities Realized Gain Loss
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1090000 USD
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
9899000 USD
CY2012Q3 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0 USD
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
30000 USD
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us-gaap Minority Interest Increase From Stock Issuance
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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16666000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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58656000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
63735000 USD
us-gaap Net Income Loss
NetIncomeLoss
63018000 USD
us-gaap Net Income Loss
NetIncomeLoss
49628000 USD
CY2012Q3 us-gaap Net Income Loss
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14351000 USD
CY2011Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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19250000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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0 USD
CY2012Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
109 properties
us-gaap Operating Expenses
OperatingExpenses
24197000 USD
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
11161000 USD
CY2011Q3 us-gaap Operating Expenses
OperatingExpenses
6125000 USD
us-gaap Operating Expenses
OperatingExpenses
18719000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
17736000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
59466000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
49628000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
14351000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
64905000 USD
CY2012Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
22285000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
59868000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
540000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3462000 USD
CY2011Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1107000 USD
CY2012Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
372000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
371000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-806000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1772000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10003000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1952000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-1090000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-9899000 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
-104000 USD
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-862000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
567000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1336000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3499000 USD
CY2012Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1348000 USD
CY2011Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
135000 USD
CY2012Q3 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
60279000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
50835000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
8309000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
6567000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
5797000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
24935000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
77740000 USD
us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
0 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
19.25
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
50000000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
120000000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
2844000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
3584000 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 Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
8971000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
199000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
-2000 USD
us-gaap Profit Loss
ProfitLoss
63018000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
14351000 USD
us-gaap Profit Loss
ProfitLoss
49628000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
18808000 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>
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2300000 USD
CY2012Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2300000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-99000 USD
CY2011Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-99000 USD
CY2011Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
146698000 USD
CY2012Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
169293000 USD
CY2012Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
688772000 USD
CY2011Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
541493000 USD
CY2011Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
394795000 USD
CY2012Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
519479000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
1875000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
0 USD
CY2012Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
1000 USD
CY2011Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
8000 USD
CY2012Q3 us-gaap Revenues
Revenues
25512000 USD
us-gaap Revenues
Revenues
68286000 USD
CY2011Q3 us-gaap Revenues
Revenues
22771000 USD
us-gaap Revenues
Revenues
73795000 USD
nhi Interest Income On Construction Loan
InterestIncomeOnConstructionLoan
0 USD
nhi Interest Income On Construction Loan
InterestIncomeOnConstructionLoan
781000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
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
CY2012Q3 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
CY2012Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
165000 shares
CY2011Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
401664 shares
CY2010Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
384507 shares
CY2012Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
341675 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
565256 shares
CY2011Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2904000 USD
CY2012Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1923000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
439447000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
443485000 USD
CY2012Q3 nhi Coupon Rate Convertible Preferred Stock Purchased
CouponRateConvertiblePreferredStockPurchased
0.085
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
443485000 USD
nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
1546 shares
nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
29129 shares
nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
82130 shares
CY2011Q3 nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
59010 shares
CY2012Q3 nhi Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
32271 shares
CY2011Q1 nhi Carrying Value Of Assets Sold
CarryingValueOfAssetsSold
4039000 USD
CY2012Q3 nhi Closing Price Of Common Stock
ClosingPriceOfCommonStock
31.85
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
450411000 USD
us-gaap Straight Line Rent
StraightLineRent
2325000 USD
us-gaap Straight Line Rent
StraightLineRent
2762000 USD
CY2012Q3 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
180000 USD
CY2011Q3 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
CY2012Q3 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-436000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-1343000 USD
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27830311 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27711474 shares
CY2011Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27729560 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
27799750 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27789725 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27795150 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27828879 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27862582 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27729560 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27711474 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27799750 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27830311 shares
CY2012Q3 nhi Accumulated Straight Line Rent Adjustment Write Off
AccumulatedStraightLineRentAdjustmentWriteOff
963000 USD
nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
0 shares
CY2012Q3 nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
0 shares
CY2011Q3 nhi Amount Of Dilutive Securities Restrictive Stock Units
AmountOfDilutiveSecuritiesRestrictiveStockUnits
1155 shares
CY2012Q3 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
12653000 USD
CY2011Q3 nhi Depreciation Continuing Operations
DepreciationContinuingOperations
2930000 USD
nhi Depreciation Continuing Operations
DepreciationContinuingOperations
8729000 USD
CY2012Q3 nhi Depreciation Continuing Operations
DepreciationContinuingOperations
5892000 USD
nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
39000 USD
CY2011Q3 nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
6000 USD
nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
0 USD
CY2012Q3 nhi Depreciation Discontinued Operations
DepreciationDiscontinuedOperations
0 USD
nhi Dividend And Interest Income From Marketable Securities
DividendAndInterestIncomeFromMarketableSecurities
467000 USD
nhi Dividend And Interest Income From Marketable Securities
DividendAndInterestIncomeFromMarketableSecurities
674000 USD
nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
626000 USD
CY2011Q3 nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
160000 USD
nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
642000 USD
CY2012Q3 nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
271000 USD
CY1998Q3 nhi Investment In Cumulative Preferred Stock
InvestmentInCumulativePreferredStock
2000000 shares
CY2012Q3 nhi Lease Receivable Write Off
LeaseReceivableWriteOff
126000 USD
CY2012Q3 nhi Nonvoting Convertible Preferred Stock
NonvotingConvertiblePreferredStock
2000000 shares
CY2012Q3 nhi Notes Receivable Fair Value Disclosure Amount
NotesReceivableFairValueDisclosureAmount
90471000 USD
CY2011Q4 nhi Notes Receivable Fair Value Disclosure Amount
NotesReceivableFairValueDisclosureAmount
88824000 USD
CY2012Q3 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
CY2011Q4 nhi Real Estate Purchase Liabilities
RealEstatePurchaseLiabilities
9478000 USD
CY2012Q3 nhi Real Estate Purchase Liabilities
RealEstatePurchaseLiabilities
6478000 USD
nhi Receipt Of Earnest Money Deposit
ReceiptOfEarnestMoneyDeposit
525000 USD
nhi Receipt Of Earnest Money Deposit
ReceiptOfEarnestMoneyDeposit
0 USD
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000877860
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
27830311 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
NATIONAL HEALTH INVESTORS INC

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