2023 Q2 Form 10-Q Financial Statement
#000087786023000066 Filed on May 09, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q4 |
---|---|---|---|
Revenue | $77.88M | $82.39M | $70.67M |
YoY Change | 30.01% | 15.51% | 1.44% |
Cost Of Revenue | $12.89M | $12.42M | $12.08M |
YoY Change | 14.41% | 308.76% | 193.18% |
Gross Profit | $64.98M | $69.97M | $58.59M |
YoY Change | 33.63% | 2.46% | -10.61% |
Gross Profit Margin | 83.44% | 84.93% | 82.91% |
Selling, General & Admin | $4.738M | $5.958M | $5.326M |
YoY Change | -15.59% | -41.43% | 33.75% |
% of Gross Profit | 7.29% | 8.52% | 9.09% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $17.73M | $17.62M | $17.30M |
YoY Change | -0.24% | -3.58% | -10.34% |
% of Gross Profit | 27.28% | 25.18% | 29.53% |
Operating Expenses | $49.74M | $49.60M | $22.63M |
YoY Change | 0.26% | -25.08% | -2.8% |
Operating Profit | $15.24M | $20.37M | $35.97M |
YoY Change | -1651.93% | 878.76% | -14.91% |
Interest Expense | $14.19M | $14.03M | -$12.45M |
YoY Change | 30.68% | 37.55% | 7.72% |
% of Operating Profit | 93.14% | 68.87% | -34.6% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $39.45M | $34.18M | $1.560M |
YoY Change | 83.77% | 314.54% | -76.02% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $39.78M | $34.48M | $1.863M |
YoY Change | 83.54% | 310.57% | -71.24% |
Net Earnings / Revenue | 51.08% | 41.86% | 2.64% |
Basic Earnings Per Share | $0.92 | $0.79 | |
Diluted Earnings Per Share | $0.92 | $0.79 | $0.04 |
COMMON SHARES | |||
Basic Shares Outstanding | 43.39M shares | 43.39M shares | 43.39M shares |
Diluted Shares Outstanding | 43.39M shares | 43.39M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $17.41M | $13.88M | $19.29M |
YoY Change | -59.91% | -61.59% | -48.44% |
Cash & Equivalents | $17.41M | $13.88M | $19.29M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $4.637M | $6.805M | $3.621M |
Other Receivables | $82.30M | $79.10M | |
Total Short-Term Assets | $104.3M | $99.78M | $96.19M |
YoY Change | -15.26% | -23.75% | -28.01% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.135B | $2.165B | $2.118B |
YoY Change | -2.38% | -1.65% | -8.61% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $5.000M | ||
YoY Change | 0.0% | ||
Other Assets | $15.03M | $28.32M | $45.53M |
YoY Change | -74.65% | -79.14% | -33.51% |
Total Long-Term Assets | $2.394B | $2.433B | $2.411B |
YoY Change | -2.84% | -8.92% | -10.87% |
TOTAL ASSETS | |||
Total Short-Term Assets | $104.3M | $99.78M | $96.19M |
Total Long-Term Assets | $2.394B | $2.433B | $2.411B |
Total Assets | $2.498B | $2.533B | $2.507B |
YoY Change | -3.43% | -9.61% | -11.68% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $28.95M | $24.63M | $25.91M |
YoY Change | 14.27% | 28.85% | 11.75% |
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 | $68.02M | $63.68M | $64.96M |
YoY Change | 3.81% | 5.46% | -11.37% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.135B | $1.176B | $1.148B |
YoY Change | 2.75% | -5.85% | -7.67% |
Other Long-Term Liabilities | $5.284M | $4.944M | $5.052M |
YoY Change | 23.4% | 15.38% | -11.76% |
Total Long-Term Liabilities | $1.140B | $1.181B | $1.153B |
YoY Change | 2.82% | -5.77% | -7.69% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $68.02M | $63.68M | $64.96M |
Total Long-Term Liabilities | $1.140B | $1.181B | $1.153B |
Total Liabilities | $1.208B | $1.245B | $1.218B |
YoY Change | 2.88% | -5.26% | -7.9% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.405B | $2.366B | $2.331B |
YoY Change | |||
Common Stock | $1.602B | $1.602B | $1.600B |
YoY Change | 0.27% | 0.31% | 0.52% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.269B | $1.267B | $1.270B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.498B | $2.533B | $2.507B |
YoY Change | -3.43% | -9.61% | -11.68% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $39.78M | $34.48M | $1.863M |
YoY Change | 83.54% | 310.57% | -71.24% |
Depreciation, Depletion And Amortization | $17.73M | $17.62M | $17.30M |
YoY Change | -0.24% | -3.58% | -10.34% |
Cash From Operating Activities | $50.50M | $31.05M | $46.36M |
YoY Change | -11.05% | -19.73% | -13.12% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $38.08M | $1.488M |
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $33.50M | $10.56M | -$47.71M |
YoY Change | -83.18% | -612.62% | -317.67% |
Cash From Investing Activities | $33.50M | -$27.52M | -$49.20M |
YoY Change | -82.76% | 1235.97% | -324.45% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $39.05M | ||
YoY Change | -5.37% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $145.1M | ||
YoY Change | 93.22% | ||
Cash From Financing Activities | -80.25M | -$9.516M | -7.357M |
YoY Change | -67.23% | -73.7% | -91.44% |
NET CHANGE | |||
Cash From Operating Activities | 50.50M | $31.05M | 46.36M |
Cash From Investing Activities | 33.50M | -$27.52M | -49.20M |
Cash From Financing Activities | -80.25M | -$9.516M | -7.357M |
Net Change In Cash | 3.747M | -$5.989M | -10.20M |
YoY Change | -38.89% | -1451.92% | -4.78% |
FREE CASH FLOW | |||
Cash From Operating Activities | $50.50M | $31.05M | $46.36M |
Capital Expenditures | $0.00 | $38.08M | $1.488M |
Free Cash Flow | $50.50M | -$7.033M | $44.87M |
YoY Change | -18.08% | -118.18% | -15.91% |
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|
8246000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-301000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-153000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
34484000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8399000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43388742 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45850686 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43391429 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45851061 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.79 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.79 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
34183000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
8246000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
17617000 | usd |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
18272000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1048000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1087000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
148000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
120000 | usd |
CY2023Q1 | nhi |
Amortization Of Lease Inducements
AmortizationOfLeaseInducements
|
299000 | usd |
CY2022Q1 | nhi |
Amortization Of Lease Inducements
AmortizationOfLeaseInducements
|
252000 | usd |
CY2023Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
2097000 | usd |
CY2022Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
1079000 | usd |
CY2023Q1 | nhi |
Noncash Rental Income
NoncashRentalIncome
|
2500000 | usd |
CY2022Q1 | nhi |
Noncash Rental Income
NoncashRentalIncome
|
0 | usd |
CY2023Q1 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
376000 | usd |
CY2022Q1 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
880000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
0 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-8838000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
1397000 | usd |
CY2022Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
2981000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | usd |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
297000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-151000 | usd |
CY2023Q1 | nhi |
Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
|
-418000 | usd |
CY2022Q1 | nhi |
Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
|
24528000 | usd |
CY2023Q1 | nhi |
Payment Of Tenant Lease Incentives
PaymentOfTenantLeaseIncentives
|
10000000 | usd |
CY2022Q1 | nhi |
Payment Of Tenant Lease Incentives
PaymentOfTenantLeaseIncentives
|
0 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2105000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5083000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3772000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
107000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3277000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-4252000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-219000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-385000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
31048000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
38680000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
7219000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
16350000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
7211000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
988000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
38081000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
|
10201000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
|
13170000 | usd |
CY2023Q1 | nhi |
Payments To Renovate Real Estate
PaymentsToRenovateRealEstate
|
2133000 | usd |
CY2022Q1 | nhi |
Payments To Renovate Real Estate
PaymentsToRenovateRealEstate
|
165000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
2500000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
297000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-27521000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2060000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
192000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
85000000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
19000000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | usd |
CY2023Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
145103000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
75098000 | usd |
CY2023Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2022Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
4535000 | usd |
CY2023Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
363000 | usd |
CY2022Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
271000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
39050000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
41266000 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
7000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
2000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-9516000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-36177000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5989000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
443000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
21516000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39485000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15527000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39928000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
15878000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
12920000 | usd |
CY2023Q1 | nhi |
Noncash Or Part Noncash Acquisition Real Estate Acquired In Exchange Of Mortgage Receivable
NoncashOrPartNoncashAcquisitionRealEstateAcquiredInExchangeOfMortgageReceivable
|
14200000 | usd |
CY2022Q1 | nhi |
Noncash Or Part Noncash Acquisition Real Estate Acquired In Exchange Of Mortgage Receivable
NoncashOrPartNoncashAcquisitionRealEstateAcquiredInExchangeOfMortgageReceivable
|
0 | usd |
CY2023Q1 | nhi |
Noncash Or Part Noncash Acquisition Change In Other Assets Related To Real Estate Sales
NoncashOrPartNoncashAcquisitionChangeInOtherAssetsRelatedToRealEstateSales
|
0 | usd |
CY2022Q1 | nhi |
Noncash Or Part Noncash Acquisition Change In Other Assets Related To Real Estate Sales
NoncashOrPartNoncashAcquisitionChangeInOtherAssetsRelatedToRealEstateSales
|
-33000 | usd |
CY2023Q1 | nhi |
Changein Accounts Payable Investmentsin Real Estate Construction
ChangeinAccountsPayableInvestmentsinRealEstateConstruction
|
20000 | usd |
CY2022Q1 | nhi |
Changein Accounts Payable Investmentsin Real Estate Construction
ChangeinAccountsPayableInvestmentsinRealEstateConstruction
|
0 | usd |
CY2023Q1 | nhi |
Change In Accounts Payable Renovations Of Existing Real Estate
ChangeInAccountsPayableRenovationsOfExistingRealEstate
|
0 | usd |
CY2022Q1 | nhi |
Change In Accounts Payable Renovations Of Existing Real Estate
ChangeInAccountsPayableRenovationsOfExistingRealEstate
|
-219000 | usd |
CY2023Q1 | nhi |
Change In Accounts Payable Related To Distributions To Noncontrolling Interests
ChangeInAccountsPayableRelatedToDistributionsToNoncontrollingInterests
|
90000 | usd |
CY2022Q1 | nhi |
Change In Accounts Payable Related To Distributions To Noncontrolling Interests
ChangeInAccountsPayableRelatedToDistributionsToNoncontrollingInterests
|
-28000 | usd |
CY2023Q1 | nhi |
Reclassification Of Prepaid Equity Issuance Costs To Capital In Excess Of Par Value
ReclassificationOfPrepaidEquityIssuanceCostsToCapitalInExcessOfParValue
|
275000 | usd |
CY2022Q1 | nhi |
Reclassification Of Prepaid Equity Issuance Costs To Capital In Excess Of Par Value
ReclassificationOfPrepaidEquityIssuanceCostsToCapitalInExcessOfParValue
|
0 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1280081000 | usd |
CY2023Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
2000000 | usd |
CY2023Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
273000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-305000 | usd |
CY2023Q1 | nhi |
Comprehensive Income Loss Net Of Tax Excluding Loss Attributable To Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxExcludingLossAttributableToNoncontrollingInterest
|
34488000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
-275000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2105000 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.90 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
39050000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1279076000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1516983000 | usd |
CY2022Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
243000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
8246000 | usd |
CY2022Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
7000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5083000 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.90 | |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
41265000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1488797000 | usd |
CY2023Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2023Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2023Q1 | nhi |
Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
|
10 | property |
CY2023Q1 | nhi |
Number Of Health Care Properties Related To Mortgage Notes Receivables
NumberOfHealthCarePropertiesRelatedToMortgageNotesReceivables
|
14 | mortgage |
CY2023Q1 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
234900000 | usd |
CY2023Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
15000000 | usd |
CY2023Q1 | nhi |
Number Of Joint Ventures
NumberOfJointVentures
|
2 | jointventure |
CY2023Q1 | nhi |
Number Of Real Estate Partnerships
NumberOfRealEstatePartnerships
|
2 | realestatepartnership |
CY2023Q1 | nhi |
Variable Interest Entity Number Of Entities Not Primary Beneficiary
VariableInterestEntityNumberOfEntitiesNotPrimaryBeneficiary
|
9 | entity |
CY2022Q4 | nhi |
Number Of Real Estate Partnerships
NumberOfRealEstatePartnerships
|
2 | property |
CY2022Q4 | us-gaap |
Cash
Cash
|
19291000 | usd |
CY2021Q4 | us-gaap |
Cash
Cash
|
37412000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2225000 | usd |
CY2023Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<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%">Reclassifications</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-weight:400;line-height:120%">In prior years, the Company presented "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Cumulative dividends in excess of net income</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">" as a single line item on the Consolidated Balance Sheets and Consolidated Statements of Equity. Beginning January 1, 2023, the Company separated this line item into two components, "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Retained earnings</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">" and "</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Cumulative dividends,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">" and reclassified prior year information to conform to the current period presentation.</span></div> | |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2073000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
21516000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39485000 | usd |
CY2023Q1 | us-gaap |
Cash
Cash
|
13875000 | usd |
CY2022Q1 | us-gaap |
Cash
Cash
|
36121000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
1652000 | usd |
CY2022Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
3807000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15527000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39928000 | usd |
CY2023Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<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%">Concentration of Credit Risks</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </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%">Our credit risks primarily relate to cash and cash equivalents and investments in mortgage and other notes receivable. Cash and cash equivalents are primarily held in bank accounts and overnight investments. We maintain our bank deposit accounts with large financial institutions in amounts that may exceed federally insured limits. We have not experienced any losses in such accounts. Our mortgages and other notes receivable consist primarily of secured loans on facilities. </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-weight:400;line-height:120%">Our financial instruments, principally our investments in notes receivable, are subject to the possibility of loss of the carrying values as a result of the failure of other parties to perform according to their contractual obligations which may make the instruments less valuable. We obtain collateral in the form of mortgage liens and other protective rights for notes receivable and continually monitor these rights in order to reduce such possibilities of loss. We evaluate the need to provide for reserves for potential losses on our financial instruments based on management’s periodic review of our portfolio on an instrument-by-instrument basis.</span></div> | |
CY2023Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
300000 | usd |
CY2022Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
24600000 | usd |
CY2023Q1 | 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. Under certain leases, we receive additional contingent rent, which is calculated on the increase in revenues of the tenant over a base year or base quarter. We recognize contingent rent annually or quarterly based on the actual revenues of the tenant once the target threshold has been achieved. Lease payments that depend on a factor directly related to future use of the property, such as an increase in annual revenues over a base year, are considered to be contingent rentals and are excluded from the schedule of minimum lease payments.</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%"> The Company reviews its operating lease receivables for collectability 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 collectability 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%">As of March 31, 2023, we had three tenants, including Bickford Senior Living (“Bickford”) on the cash basis of revenue recognition for their lease arrangements. 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 recognized as the related performance obligations are satisfied and includes resident room charges, community fees and other resident charges. </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%">Residency agreements are generally short term (30 days to one year), and entitle the resident to certain room and care services for a monthly fee billed in advance. Revenue for certain related services is billed monthly in arrears. The Company has elected the lessor practical expedient within Accounting Standards Codification (“ASC”) 842, Leases, not to separate the lease and nonlease components within our resident agreements as the timing and pattern of transfer to the resident are the same. The Company has determined that the nonlease component is the predominant component within the contract and will recognize revenue under ASC 606, Revenue Recognition from Contracts with Customers.</span></div> | |
CY2023Q1 | nhi |
Number Of Tenants Cash Basis Revenue Recognition
NumberOfTenantsCashBasisRevenueRecognition
|
3 | tenant |
CY2023Q1 | us-gaap |
Revenue Recognition Interest
RevenueRecognitionInterest
|
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Interest Income</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">from Mortgage and Other Notes Receivable </span>Interest income is recognized based on the interest rates and principal amounts outstanding on the notes receivable. We identify a mortgage loan as non-performing if a required payment is not received within 30 days of the date it is due and a borrower’s current financial condition indicates a probability it cannot pay its current contractual amounts. A non-performing loan is returned to accrual status at such time as the loan becomes contractually current and management believes all future principal and interest will be received according to the contractual loan terms. | |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
202028000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
14200000 | usd |
CY2023Q1 | nhi |
Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
|
10 | property |
CY2022Q4 | nhi |
Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
|
13 | property |
CY2023Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
26670000 | usd |
CY2022Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
43302000 | usd |
CY2023Q1 | nhi |
Nonportfolio Assets Original Cost
NonportfolioAssetsOriginalCost
|
2600000 | usd |
CY2023Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
15000000 | usd |
CY2023Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2448934000 | usd |
CY2023Q1 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
234906000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11700000 | usd |
CY2023Q1 | nhi |
Percentage Of Continuing Revenue
PercentageOfContinuingRevenue
|
0.14 | |
CY2022Q1 | nhi |
Percentage Of Continuing Revenue
PercentageOfContinuingRevenue
|
0 | |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
82388000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
71327000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
171434000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
239886000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
243414000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
250071000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
208445000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
663295000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
1978573000 | usd |
CY2023Q1 | us-gaap |
Lease Income
LeaseIncome
|
65299000 | usd |
CY2022Q1 | us-gaap |
Lease Income
LeaseIncome
|
64559000 | usd |
CY2023Q1 | nhi |
Number Of Health Care Properties Related To Mortgage Notes Receivables
NumberOfHealthCarePropertiesRelatedToMortgageNotesReceivables
|
14 | property |
CY2023Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
15000000 | usd |
CY2023Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
14964000 | usd |
CY2023Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
219942000 | usd |
CY2023Q1 | nhi |
Probability Of Default Increase Current Conditions Adjustment
ProbabilityOfDefaultIncreaseCurrentConditionsAdjustment
|
0.20 | |
CY2023Q1 | nhi |
Probability Of Default Increase Current Conditions Adjustment
ProbabilityOfDefaultIncreaseCurrentConditionsAdjustment
|
0.20 | |
CY2023Q1 | nhi |
Estimated Credit Losses Current Conditions Adjustment Combined
EstimatedCreditLossesCurrentConditionsAdjustmentCombined
|
0.44 | |
CY2022Q4 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
15338000 | usd |
CY2023Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
-374000 | usd |
CY2023Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
14964000 | usd |
CY2023Q1 | nhi |
Annual Fixed Preferred Return
AnnualFixedPreferredReturn
|
10200000 | usd |
CY2022Q4 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
-5000000 | usd |
CY2023Q1 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
-5000000 | usd |
CY2023Q1 | nhi |
Equity Method Investment Unrealized Gain Loss On Disposal
EquityMethodInvestmentUnrealizedGainLossOnDisposal
|
-600000 | usd |
CY2022Q1 | nhi |
Equity Method Investment Unrealized Gain Loss On Disposal
EquityMethodInvestmentUnrealizedGainLossOnDisposal
|
-600000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P7Y | |
CY2023Q1 | nhi |
Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
|
2 | extensionoption |
CY2023Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
13200000 | usd |
CY2023Q1 | us-gaap |
Incentive To Lessee
IncentiveToLessee
|
12891000 | usd |
CY2022Q4 | us-gaap |
Incentive To Lessee
IncentiveToLessee
|
3190000 | usd |
CY2023Q1 | us-gaap |
Escrow Deposit
EscrowDeposit
|
6208000 | usd |
CY2022Q4 | us-gaap |
Escrow Deposit
EscrowDeposit
|
6208000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
1652000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2225000 | usd |
CY2023Q1 | us-gaap |
Other Assets
OtherAssets
|
28768000 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
16585000 | usd |
CY2023Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
215000000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
42000000 | usd |
CY2023Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
8013000 | usd |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
8538000 | usd |
CY2023Q1 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
1176014000 | usd |
CY2022Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
1147511000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
270305000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
|
75425000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
|
125816000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
|
215000000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
|
100000000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
|
0 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
|
400000000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1186546000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
2519000 | usd |
CY2023Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
8013000 | usd |
CY2023Q1 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
1176014000 | usd |
CY2023Q1 | nhi |
Debt Leverage Limit Coupon Change Trigger
DebtLeverageLimitCouponChangeTrigger
|
0.50 | |
CY2023Q1 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
13440000 | usd |
CY2022Q1 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
9558000 | usd |
CY2023Q1 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
19000 | usd |
CY2022Q1 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
2000 | usd |
CY2023Q1 | nhi |
Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
|
606000 | usd |
CY2022Q1 | nhi |
Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
|
642000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
14027000 | usd |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
10198000 | usd |
CY2023Q1 | us-gaap |
Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
|
145400000 | usd |
CY2023Q1 | nhi |
Maximum Commitment For All Active Development Projects
MaximumCommitmentForAllActiveDevelopmentProjects
|
23200000 | usd |
CY2023Q1 | us-gaap |
Development In Process
DevelopmentInProcess
|
17100000 | usd |
CY2023Q1 | nhi |
Cash Consideration Of An Ongoing Property Tax Appeal
CashConsiderationOfAnOngoingPropertyTaxAppeal
|
800000 | usd |
CY2023Q1 | nhi |
Contingent Funding Commitment Amount Funded
ContingentFundingCommitmentAmountFunded
|
1000000 | usd |
CY2023Q1 | nhi |
Contingent Funding Commitment
ContingentFundingCommitment
|
15900000 | usd |
CY2023Q1 | us-gaap |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
|
-382000 | usd |
CY2023Q1 | us-gaap |
Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
|
301000 | usd |
CY2022Q2 | nhi |
Number Of Real Estate Properties Disposal Transactions
NumberOfRealEstatePropertiesDisposalTransactions
|
3 | property |
CY2022Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
9825000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-305000 | usd |
CY2023Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
9520000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
160000000 | usd |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | us-gaap |
Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
|
P1Y | |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
2468354 | shares |
CY2023Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
151600000 | |
CY2023Q1 | nhi |
Common Stock Value Maximum Issuance
CommonStockValueMaximumIssuance
|
500000000 | usd |
CY2022Q4 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.90 | |
CY2023Q1 | 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 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.90 | |
CY2023Q1 | nhi |
Share Based Payment Arrangement Number Of Incentive Plans
ShareBasedPaymentArrangementNumberOfIncentivePlans
|
2 | plan |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2105000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5083000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
10.56 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
11.81 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
693000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.070 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.071 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.397 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.492 | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y10M24D | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y10M24D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0465 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0172 | |
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 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
53.41 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
7500 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
53.41 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
23000 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
62.33 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2240507 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
70.71 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1719487 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
74.34 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2216175 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
70.97 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
25000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
74.67 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
60002 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
64.33 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2516673 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
68.61 | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y11M19D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2132828 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
71.21 | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P2Y8M12D | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
CY2022Q1 | nhi |
Aggregate Intrinsic Value Per Share Options Exercised
AggregateIntrinsicValuePerShareOptionsExercised
|
4.94 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
100000 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
3500000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
34484000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8399000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43388742 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45850686 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
43388742 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
45850686 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2687 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
375 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43391429 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45851061 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.79 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.79 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
728524 | shares |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
481068 | shares |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.90 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.90 | |
CY2023Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | operatingsegment |
CY2023Q1 | us-gaap |
Lease Income
LeaseIncome
|
65299000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11700000 | usd |
CY2023Q1 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
5389000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
82388000 | usd |
CY2023Q1 | nhi |
Senior Housing Operating Expenses
SeniorHousingOperatingExpenses
|
9799000 | usd |
CY2023Q1 | us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
2619000 | usd |
CY2023Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
69970000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
17617000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
14027000 | usd |
CY2023Q1 | nhi |
Litigation Settlement Expense Benefit
LitigationSettlementExpenseBenefit
|
122000 | usd |
CY2023Q1 | nhi |
Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
|
183000 | usd |
CY2023Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5653000 | usd |
CY2023Q1 | nhi |
Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
|
-418000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
1397000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
34183000 | usd |
CY2023Q1 | us-gaap |
Assets
Assets
|
2533230000 | usd |