2022 Q4 Form 10-Q Financial Statement

#000087786022000073 Filed on November 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $70.67M $76.30M
YoY Change 1.44% 3.34%
Cost Of Revenue $12.08M $11.60M
YoY Change 193.18% 264.46%
Gross Profit $58.59M $64.70M
YoY Change -10.61% -8.42%
Gross Profit Margin 82.91% 84.8%
Selling, General & Admin $5.326M $5.057M
YoY Change 33.75% 26.08%
% of Gross Profit 9.09% 7.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.30M $17.53M
YoY Change -10.34% -12.49%
% of Gross Profit 29.53% 27.1%
Operating Expenses $22.63M $56.93M
YoY Change -2.8% -8.72%
Operating Profit $35.97M $7.773M
YoY Change -14.91% -6.16%
Interest Expense -$12.45M $11.41M
YoY Change 7.72% -10.25%
% of Operating Profit -34.6% 146.82%
Other Income/Expense, Net
YoY Change
Pretax Income $1.560M $34.23M
YoY Change -76.02% 10.96%
Income Tax
% Of Pretax Income
Net Earnings $1.863M $34.47M
YoY Change -71.24% 11.86%
Net Earnings / Revenue 2.64% 45.18%
Basic Earnings Per Share $0.78
Diluted Earnings Per Share $0.04 $0.78
COMMON SHARES
Basic Shares Outstanding 43.39M shares 44.66M shares
Diluted Shares Outstanding 44.40M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.29M $28.81M
YoY Change -48.44% -40.46%
Cash & Equivalents $19.29M $28.81M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $3.621M
Other Receivables
Total Short-Term Assets $96.19M $110.8M
YoY Change -28.01% -25.3%
LONG-TERM ASSETS
Property, Plant & Equipment $2.118B $2.141B
YoY Change -8.61% -11.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.000M
YoY Change 0.0%
Other Assets $45.53M $35.51M
YoY Change -33.51% 84.52%
Total Long-Term Assets $2.411B $2.398B
YoY Change -10.87% -13.24%
TOTAL ASSETS
Total Short-Term Assets $96.19M $110.8M
Total Long-Term Assets $2.411B $2.398B
Total Assets $2.507B $2.509B
YoY Change -11.68% -13.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.91M $23.00M
YoY Change 11.75% 10.11%
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 $64.96M $62.05M
YoY Change -11.37% -12.6%
LONG-TERM LIABILITIES
Long-Term Debt $1.148B $1.115B
YoY Change -7.67% -13.25%
Other Long-Term Liabilities $5.052M $5.094M
YoY Change -11.76% -23.9%
Total Long-Term Liabilities $1.153B $1.120B
YoY Change -7.69% -13.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.96M $62.05M
Total Long-Term Liabilities $1.153B $1.120B
Total Liabilities $1.218B $1.182B
YoY Change -7.9% -13.27%
SHAREHOLDERS EQUITY
Retained Earnings $2.331B
YoY Change
Common Stock $1.600B $1.599B
YoY Change 0.52% 0.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.270B $1.306B
YoY Change
Total Liabilities & Shareholders Equity $2.507B $2.509B
YoY Change -11.68% -13.85%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $1.863M $34.47M
YoY Change -71.24% 11.86%
Depreciation, Depletion And Amortization $17.30M $17.53M
YoY Change -10.34% -12.49%
Cash From Operating Activities $46.36M $43.54M
YoY Change -13.12% -11.13%
INVESTING ACTIVITIES
Capital Expenditures $1.488M $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$47.71M $54.92M
YoY Change -317.67% -65.27%
Cash From Investing Activities -$49.20M $54.92M
YoY Change -324.45% -65.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.357M -112.8M
YoY Change -91.44% -41.14%
NET CHANGE
Cash From Operating Activities 46.36M 43.54M
Cash From Investing Activities -49.20M 54.92M
Cash From Financing Activities -7.357M -112.8M
Net Change In Cash -10.20M -14.35M
YoY Change -4.78% -192.73%
FREE CASH FLOW
Cash From Operating Activities $46.36M $43.54M
Capital Expenditures $1.488M $0.00
Free Cash Flow $44.87M $43.54M
YoY Change -15.91% -11.13%

Facts In Submission

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0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-5449000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1805000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5321000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
34229000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
32654000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
63941000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
110783000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-239000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
35000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-599000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
135000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34468000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
32619000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
64540000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
110648000 usd
us-gaap Profit Loss
ProfitLoss
63941000 usd
us-gaap Profit Loss
ProfitLoss
105462000 usd
us-gaap Depreciation
Depreciation
53577000 usd
us-gaap Depreciation
Depreciation
61499000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3216000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3281000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
802000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
645000 usd
nhi Amortization Of Lease Inducements
AmortizationOfLeaseInducements
7477000 usd
nhi Amortization Of Lease Inducements
AmortizationOfLeaseInducements
774000 usd
us-gaap Straight Line Rent
StraightLineRent
-11360000 usd
us-gaap Straight Line Rent
StraightLineRent
12189000 usd
us-gaap Other Noncash Income
OtherNoncashIncome
3256000 usd
us-gaap Other Noncash Income
OtherNoncashIncome
1351000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-8838000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
0 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
28342000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
26426000 usd
nhi Gain Loss On Note Payoff
GainLossOnNotePayoff
1113000 usd
nhi Gain Loss On Note Payoff
GainLossOnNotePayoff
0 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
569000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2274000 usd
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-710000 usd
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-151000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-451000 usd
nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
39951000 usd
nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
23596000 usd
nhi Paymentof Tenant Lease Incentives
PaymentofTenantLeaseIncentives
0 usd
nhi Paymentof Tenant Lease Incentives
PaymentofTenantLeaseIncentives
1042000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7576000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7427000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4213000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3138000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2555000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2591000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
712000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
119000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
138983000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
157501000 usd
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
30820000 usd
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
54887000 usd
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
117973000 usd
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
64509000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
4876000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
46817000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
168957000 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
203147000 usd
nhi Payments To Renovate Real Estate
PaymentsToRenovateRealEstate
4132000 usd
nhi Payments To Renovate Real Estate
PaymentsToRenovateRealEstate
3006000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
528000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
64000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
569000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
476000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
247143000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
163358000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
165000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
95000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
155000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
393000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
135290000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
250277000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
396784000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4607000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5018000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
21000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
47904000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
757000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
692000 usd
us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
0 usd
us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
66076000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
122721000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
141632000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
288000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
11738000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
151951000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-393897000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-317007000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7771000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3852000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39485000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46343000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31714000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50195000 usd
us-gaap Interest Paid Net
InterestPaidNet
33927000 usd
us-gaap Interest Paid Net
InterestPaidNet
34991000 usd
nhi Noncash Or Part Noncash Acquisition Real Estate Acquired In Exchange Of Mortgage Receivable
NoncashOrPartNoncashAcquisitionRealEstateAcquiredInExchangeOfMortgageReceivable
9071000 usd
nhi Noncash Or Part Noncash Acquisition Real Estate Acquired In Exchange Of Mortgage Receivable
NoncashOrPartNoncashAcquisitionRealEstateAcquiredInExchangeOfMortgageReceivable
0 usd
nhi Noncash Or Part Noncash Acquisition Change In Other Assets Related To Real Estate Sales
NoncashOrPartNoncashAcquisitionChangeInOtherAssetsRelatedToRealEstateSales
102000 usd
nhi Noncash Or Part Noncash Acquisition Change In Other Assets Related To Real Estate Sales
NoncashOrPartNoncashAcquisitionChangeInOtherAssetsRelatedToRealEstateSales
12814000 usd
nhi Changein Accounts Payable Investmentsin Real Estate Construction
ChangeinAccountsPayableInvestmentsinRealEstateConstruction
0 usd
nhi Changein Accounts Payable Investmentsin Real Estate Construction
ChangeinAccountsPayableInvestmentsinRealEstateConstruction
-112000 usd
nhi Change In Accounts Payable Renovations Of Existing Real Estate
ChangeInAccountsPayableRenovationsOfExistingRealEstate
208000 usd
nhi Change In Accounts Payable Renovations Of Existing Real Estate
ChangeInAccountsPayableRenovationsOfExistingRealEstate
0 usd
nhi Change In Accounts Payable Related To Distributions To Noncontrolling Interests
ChangeInAccountsPayableRelatedToDistributionsToNoncontrollingInterests
6000 usd
nhi Change In Accounts Payable Related To Distributions To Noncontrolling Interests
ChangeInAccountsPayableRelatedToDistributionsToNoncontrollingInterests
5000 usd
nhi Change In Accounts Payable Related To Equity Issuance Cost
ChangeInAccountsPayableRelatedToEquityIssuanceCost
64000 usd
nhi Change In Accounts Payable Related To Equity Issuance Cost
ChangeInAccountsPayableRelatedToEquityIssuanceCost
0 usd
nhi Operating Equipment Received In Transfer Of Operations
OperatingEquipmentReceivedInTransferOfOperations
1287000 usd
nhi Operating Equipment Received In Transfer Of Operations
OperatingEquipmentReceivedInTransferOfOperations
0 usd
nhi Capitalized Costs Transfer Of Operations
CapitalizedCostsTransferOfOperations
300000 usd
nhi Capitalized Costs Transfer Of Operations
CapitalizedCostsTransferOfOperations
0 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1516983000 usd
nhi Distributions Attributable To Redeemable Noncontrolling Interest
DistributionsAttributableToRedeemableNoncontrollingInterest
24000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
486000 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-227000 usd
nhi Comprehensive Income Loss Net Of Tax Excluding Loss Attributable To Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxExcludingLossAttributableToNoncontrollingInterest
29939000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
69977000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6511000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.80
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
81455000 usd
us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
-115482000 usd
CY2022Q3 nhi Distributions Attributable To Redeemable Noncontrolling Interest
DistributionsAttributableToRedeemableNoncontrollingInterest
12000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
241000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-278000 usd
CY2022Q3 nhi Comprehensive Income Loss Net Of Tax Excluding Loss Attributable To Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxExcludingLossAttributableToNoncontrollingInterest
34506000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
85000 usd
CY2022Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
274000 usd
CY2022Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
81974000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1065000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
39050000 usd
CY2022Q3 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
-86053000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1315448000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1522945000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
466000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
78131000 usd
us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
-6076000 usd
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
47000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
47951000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6438000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.0025
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
91816000 usd
us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
34115000 usd
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
231000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
32654000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
989000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
41266000 usd
CY2021Q3 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
-7854000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1549206000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 nhi Number Of Health Care Properties Related To Mortgage Notes Receivables
NumberOfHealthCarePropertiesRelatedToMortgageNotesReceivables
13 mortgage
CY2022Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
214100000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6900000 usd
CY2022Q3 nhi Number Of Independent Managers
NumberOfIndependentManagers
2 manager
CY2022Q3 nhi Number Of Joint Ventures
NumberOfJointVentures
2 jointventure
CY2022Q3 nhi Number Of Real Estate Partnerships
NumberOfRealEstatePartnerships
2 realestatepartnership
CY2022Q3 nhi Number Of Real Estate Partnerships
NumberOfRealEstatePartnerships
2 realestatepartnership
CY2022Q3 nhi Variable Interest Entity Number Of Entities Not Primary Beneficiary
VariableInterestEntityNumberOfEntitiesNotPrimaryBeneficiary
9 property
CY2022Q3 nhi Number Of Real Estate Partnerships
NumberOfRealEstatePartnerships
2 realestatepartnership
CY2022Q3 us-gaap Cash
Cash
28811000 usd
CY2021Q3 us-gaap Cash
Cash
48393000 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
2903000 usd
CY2021Q3 us-gaap Restricted Cash
RestrictedCash
1802000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31714000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50195000 usd
CY2022Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
9500000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
38300000 usd
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="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%">Revenue Recognition</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Rental Income</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> - Our leases generally provide for rent escalators throughout the term of the lease. Base rental income is recognized using the straight-line method over the term of the lease to the extent that lease payments are considered collectible and the lease provides for specific contractual escalators. The Company reviews its operating lease receivables for collectibility on a regular basis, taking into consideration changes in factors such as the tenant’s payment history, the financial condition of the tenant, business conditions in which the tenant operates and economic conditions in the area where the property is located. In the event that collectibility with respect to any tenant is not probable, a direct write-off of the receivable is made as an adjustment to rental income and any future rental revenue is recognized only when the tenant makes a rental payment.</span></div><div style="text-align:justify;text-indent:13.5pt"><span><br/></span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the second quarter of 2022, we placed Bickford Senior Living (“Bickford”) on the cash basis of revenue recognition for lease purposes and recorded write offs of $18.1 million of straight-line rents receivable and $7.1 million of lease incentives related to our Bickford master lease agreements. Reference Note 3 for further discussion. </span></div><div style="text-align:justify;text-indent:13.5pt"><span><br/></span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Resident Fees and Services</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> - Resident fee revenue associated with our SHOP activities is recorded when services are rendered and includes resident room and care charges, community fees and other resident charges. Residency agreements are generally </span></div>short term (30 days to one year), with resident fees billed monthly in advance. Revenue for certain related services is recognized as services are provided and billed monthly in arrears.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 nhi Number Of Independent Managers
NumberOfIndependentManagers
2 manager
CY2022Q2 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
9100000 usd
CY2022Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
32600000 usd
CY2022Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
9500000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
38300000 usd
CY2022Q3 nhi Nonportfolio Assets Original Cost
NonportfolioAssetsOriginalCost
2600000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6900000 usd
CY2022Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2432943000 usd
CY2022Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
214109000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24005000 usd
nhi Percentage Of Continuing Revenue
PercentageOfContinuingRevenue
0.12
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
0 usd
nhi Percentage Of Continuing Revenue
PercentageOfContinuingRevenue
0
us-gaap Revenues
Revenues
207524000 usd
us-gaap Revenues
Revenues
229048000 usd
CY2022Q3 nhi Number Of Leases
NumberOfLeases
4 lease
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
47241000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
183792000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
183825000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
186425000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
189282000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
149849000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
599001000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1539415000 usd
CY2022Q3 us-gaap Lease Income
LeaseIncome
59394000 usd
CY2021Q3 us-gaap Lease Income
LeaseIncome
67043000 usd
us-gaap Lease Income
LeaseIncome
163935000 usd
us-gaap Lease Income
LeaseIncome
210143000 usd
CY2022Q3 nhi Number Of Health Care Properties Related To Mortgage Notes Receivables
NumberOfHealthCarePropertiesRelatedToMortgageNotesReceivables
13 property
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6900000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6940000 usd
CY2022Q3 us-gaap Notes Receivable Net
NotesReceivableNet
207169000 usd
CY2022Q3 nhi Probability Of Default Increase Current Conditions Adjustment
ProbabilityOfDefaultIncreaseCurrentConditionsAdjustment
0.20
CY2022Q3 nhi Probability Of Default Increase Current Conditions Adjustment
ProbabilityOfDefaultIncreaseCurrentConditionsAdjustment
0.20
CY2022Q3 nhi Estimated Credit Losses Current Conditions Adjustment Combined
EstimatedCreditLossesCurrentConditionsAdjustmentCombined
0.44
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5210000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1730000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6940000 usd
CY2022Q3 nhi Annual Fixed Preferred Return
AnnualFixedPreferredReturn
10200000 usd
CY2022Q3 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-5000000 usd
CY2021Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-5000000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
600000 usd
CY2022Q3 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P7Y
nhi Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 extensionoption
CY2022Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
14700000 usd
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
10000000 usd
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9069000 usd
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
6234000 usd
CY2022Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1114999000 usd
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1242883000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
99000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
415408000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
75425000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
125816000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
10000000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
100000000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
400000000 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1126748000 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2680000 usd
CY2022Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9069000 usd
CY2022Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1114999000 usd
CY2022Q3 us-gaap Unsecured Debt
UnsecuredDebt
400000000 usd
nhi Debt Leverage Limit Coupon Change Trigger
DebtLeverageLimitCouponChangeTrigger
0.50
CY2022Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
10821000 usd
CY2021Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
10234000 usd
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
30640000 usd
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
31055000 usd
CY2022Q3 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
CY2021Q3 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
1851000 usd
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
5449000 usd
CY2022Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
18000 usd
CY2021Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
6000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
28000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
40000 usd
CY2022Q3 nhi Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
609000 usd
CY2021Q3 nhi Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
636000 usd
nhi Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
1860000 usd
nhi Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
2064000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
11412000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
12715000 usd
us-gaap Interest Expense
InterestExpense
32472000 usd
us-gaap Interest Expense
InterestExpense
38528000 usd
us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
173600000 usd
CY2022Q3 nhi Maximum Commitment For All Active Development Projects
MaximumCommitmentForAllActiveDevelopmentProjects
33500000 usd
CY2022Q3 us-gaap Development In Process
DevelopmentInProcess
24200000 usd
CY2022Q3 nhi Contingent Funding Commitment Amount Funded
ContingentFundingCommitmentAmountFunded
1000000 usd
CY2022Q3 nhi Contingent Funding Commitment
ContingentFundingCommitment
28600000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-50000 usd
CY2022Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
905000 usd
CY2022Q1 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
6900000 usd
CY2022Q1 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
6900000 usd
CY2022Q2 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-700000 usd
CY2022Q3 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
11700000 usd
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0 usd
us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
11738000 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-505000 usd
nhi Distributions Attributable To Redeemable Noncontrolling Interest
DistributionsAttributableToRedeemableNoncontrollingInterest
36000 usd
CY2022Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
11197000 usd
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
240000000 usd
CY2022Q2 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P1Y
CY2022Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1272179 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2468354 shares
CY2022Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
64.44
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
61.56
CY2022Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
88400000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.90
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.90
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.90
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.1025
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.1025
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.90
CY2021Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.90
CY2022Q3 nhi Share Based Payment Arrangement Number Of Incentive Plans
ShareBasedPaymentArrangementNumberOfIncentivePlans
2 plan
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1065000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
989000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7576000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7427000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.92
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.54
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.070
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.067
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.493
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.481
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0175
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0033
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1033838 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
83.54
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
652000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
69.20
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
60.52
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1665838 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
78.20
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1183324 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
79.25
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1652505 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
78.10
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
53.62
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
56832 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
53.41
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
23000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
62.33
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
74498 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
77.93
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2216175 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
70.97
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y21D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1695155 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
74.73
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y9M
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2000000 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
900000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
100000 usd
nhi Aggregate Intrinsic Value Per Share Options Exercised
AggregateIntrinsicValuePerShareOptionsExercised
4.94
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
200000 usd
nhi Aggregate Intrinsic Value Per Share Options Exercised
AggregateIntrinsicValuePerShareOptionsExercised
9.27
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2700000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
34468000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
30814000 usd
us-gaap Net Income Loss
NetIncomeLoss
64540000 usd
us-gaap Net Income Loss
NetIncomeLoss
105327000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44339975 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45850599 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45236696 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45668762 shares
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
44339975 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
45850599 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
45236696 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
45668762 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
62607 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
825 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
24427 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6391 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
13938 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44402582 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45851424 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45261123 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45689091 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.31
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.31
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
390159 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
505459 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
501183 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
308313 shares
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.70
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.9025
CY2022Q3 nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
225000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4744000 usd
CY2022Q3 nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
11329000 usd
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
14840000 usd
CY2022Q3 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
19000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 operatingsegment
CY2022Q3 us-gaap Lease Income
LeaseIncome
59394000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12013000 usd
CY2022Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4891000 usd
CY2022Q3 us-gaap Revenues
Revenues
76298000 usd
CY2022Q3 nhi Senior Housing Operating Expenses
SeniorHousingOperatingExpenses
9239000 usd
CY2022Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
2358000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
64701000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
17533000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
11412000 usd
CY2022Q3 nhi Litigation Settlement Expense Benefit
LitigationSettlementExpenseBenefit
88000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
34229000 usd
CY2022Q3 us-gaap Assets
Assets
2508785000 usd
us-gaap Lease Income
LeaseIncome
163935000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24005000 usd
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
19584000 usd
us-gaap Revenues
Revenues
207524000 usd
nhi Senior Housing Operating Expenses
SeniorHousingOperatingExpenses
18352000 usd
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
7553000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
181619000 usd
us-gaap Depreciation
Depreciation
53577000 usd
us-gaap Interest Expense
InterestExpense
32472000 usd
nhi Litigation Settlement Expense Benefit
LitigationSettlementExpenseBenefit
2254000 usd
nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
694000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17893000 usd
nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
39951000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
28342000 usd
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-710000 usd
nhi Gain Loss On Note Payoff
GainLossOnNotePayoff
1113000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-151000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
569000 usd
us-gaap Profit Loss
ProfitLoss
63941000 usd

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