2024 Q1 Form 10-K Financial Statement

#000087786024000010 Filed on February 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $81.51M $79.47M $319.8M
YoY Change -1.06% 12.45% 14.97%
Cost Of Revenue $13.05M $12.84M $51.10M
YoY Change 5.07% 6.3% 34.54%
Gross Profit $68.47M $66.63M $268.7M
YoY Change -2.15% 13.71% 11.87%
Gross Profit Margin 83.99% 83.85% 84.02%
Selling, General & Admin $5.691M $5.073M $20.27M
YoY Change -4.48% -4.75% -22.54%
% of Gross Profit 8.31% 7.61% 7.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.51M $17.07M $69.97M
YoY Change -0.64% -1.33% -1.28%
% of Gross Profit 25.57% 25.62% 26.04%
Operating Expenses $51.12M $22.18M $200.9M
YoY Change 3.06% -1.97% -16.94%
Operating Profit $17.34M $44.44M $67.86M
YoY Change -14.85% 23.58% -4230.01%
Interest Expense $14.87M -$14.30M $58.16M
YoY Change 6.0% 14.88% 29.48%
% of Operating Profit 85.73% -32.17% 85.71%
Other Income/Expense, Net $0.00 $202.0K
YoY Change
Pretax Income $30.66M $31.72M $134.4M
YoY Change -10.32% 1933.27% 105.16%
Income Tax
% Of Pretax Income
Net Earnings $30.95M $32.03M $135.7M
YoY Change -10.26% 1619.11% 104.29%
Net Earnings / Revenue 37.97% 40.3% 42.41%
Basic Earnings Per Share $0.71 $3.13
Diluted Earnings Per Share $0.71 $0.74 $3.13
COMMON SHARES
Basic Shares Outstanding 43.41M shares 43.41M shares 43.39M shares
Diluted Shares Outstanding 43.42M shares 43.39M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.36M $22.35M $22.35M
YoY Change -18.15% 15.84% 15.84%
Cash & Equivalents $11.36M $22.35M $22.35M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $7.927M $4.916M $4.916M
Other Receivables $84.26M $84.71M $84.71M
Total Short-Term Assets $103.5M $112.0M $112.0M
YoY Change 3.77% 16.42% 12.19%
LONG-TERM ASSETS
Property, Plant & Equipment $2.093B $2.107B $2.107B
YoY Change -3.34% -0.53% -0.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.976M $7.274M $7.274M
YoY Change -75.37% -84.02% -84.02%
Total Long-Term Assets $2.375B $2.377B $2.377B
YoY Change -2.42% -1.44% -1.29%
TOTAL ASSETS
Total Short-Term Assets $103.5M $112.0M $112.0M
Total Long-Term Assets $2.375B $2.377B $2.377B
Total Assets $2.478B $2.488B $2.488B
YoY Change -2.18% -0.76% -0.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.78M $34.30M $32.60M
YoY Change 8.75% 32.42% 25.84%
Accrued Expenses $1.705M
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 $65.86M $73.37M $73.37M
YoY Change 3.44% 12.96% 12.96%
LONG-TERM LIABILITIES
Long-Term Debt $1.139B $1.135B $1.135B
YoY Change -3.12% -1.09% -1.09%
Other Long-Term Liabilities $5.429M $6.009M $6.009M
YoY Change 9.81% 18.94% 18.94%
Total Long-Term Liabilities $1.145B $1.141B $1.141B
YoY Change -3.07% -1.0% -1.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $65.86M $73.37M $73.37M
Total Long-Term Liabilities $1.145B $1.141B $1.141B
Total Liabilities $1.211B $1.214B $1.235B
YoY Change -2.74% -0.25% -0.22%
SHAREHOLDERS EQUITY
Retained Earnings $2.498B $2.467B
YoY Change 5.58% 5.82%
Common Stock $1.606B $1.604B
YoY Change 0.29% 0.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.248B $1.254B $1.254B
YoY Change
Total Liabilities & Shareholders Equity $2.478B $2.488B $2.488B
YoY Change -2.18% -0.76% -0.76%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $30.95M $32.03M $135.7M
YoY Change -10.26% 1619.11% 104.29%
Depreciation, Depletion And Amortization $17.51M $17.07M $69.97M
YoY Change -0.64% -1.33% -1.28%
Cash From Operating Activities $40.83M $53.25M $184.5M
YoY Change 31.5% 14.87% -0.48%
INVESTING ACTIVITIES
Capital Expenditures $683.0K $1.124M $49.56M
YoY Change -98.21% -24.46% 350.8%
Acquisitions
YoY Change
Other Investing Activities -$15.51M $3.494M $30.19M
YoY Change -246.88% -107.32% -85.22%
Cash From Investing Activities -$16.19M $2.370M -$11.63M
YoY Change -41.16% -104.82% -105.88%
FINANCING ACTIVITIES
Cash Dividend Paid $39.07M $156.2M
YoY Change 0.05% -3.42%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $105.0K $415.4M
YoY Change -99.93% 206.84%
Cash From Financing Activities -$35.92M -49.42M -$169.7M
YoY Change 277.49% 571.73% -57.7%
NET CHANGE
Cash From Operating Activities $40.83M 53.25M $184.5M
Cash From Investing Activities -$16.19M 2.370M -$11.63M
Cash From Financing Activities -$35.92M -49.42M -$169.7M
Net Change In Cash -$11.29M 6.201M $3.101M
YoY Change 88.48% -160.81% -117.26%
FREE CASH FLOW
Cash From Operating Activities $40.83M $53.25M $184.5M
Capital Expenditures $683.0K $1.124M $49.56M
Free Cash Flow $40.14M $52.13M $134.9M
YoY Change -670.79% 16.17% -22.63%

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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023 us-gaap Profit Loss
ProfitLoss
134381000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
65501000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
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CY2023 us-gaap Depreciation
Depreciation
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CY2022 us-gaap Depreciation
Depreciation
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CY2021 us-gaap Depreciation
Depreciation
80798000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4685000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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CY2023 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
412000 usd
CY2022 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
872000 usd
CY2021 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
729000 usd
CY2023 nhi Amortization Of Lease Inducement
AmortizationOfLeaseInducement
2521000 usd
CY2022 nhi Amortization Of Lease Inducement
AmortizationOfLeaseInducement
7555000 usd
CY2021 nhi Amortization Of Lease Inducement
AmortizationOfLeaseInducement
1026000 usd
CY2023 us-gaap Straight Line Rent
StraightLineRent
6961000 usd
CY2022 us-gaap Straight Line Rent
StraightLineRent
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CY2021 us-gaap Straight Line Rent
StraightLineRent
14603000 usd
CY2023 nhi Noncash Rental Income
NoncashRentalIncome
2500000 usd
CY2022 nhi Noncash Rental Income
NoncashRentalIncome
3000000 usd
CY2021 nhi Noncash Rental Income
NoncashRentalIncome
0 usd
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OtherNoncashIncome
1302000 usd
CY2022 us-gaap Other Noncash Income
OtherNoncashIncome
4314000 usd
CY2021 us-gaap Other Noncash Income
OtherNoncashIncome
2614000 usd
CY2023 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
0 usd
CY2022 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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CY2021 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
14721000 usd
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
28342000 usd
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
32498000 usd
CY2023 nhi Gain Loss On Note Payoff
GainLossOnNotePayoff
0 usd
CY2022 nhi Gain Loss On Note Payoff
GainLossOnNotePayoff
1113000 usd
CY2021 nhi Gain Loss On Note Payoff
GainLossOnNotePayoff
0 usd
CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
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CY2021 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
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CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
555000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
569000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2023 nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
1376000 usd
CY2022 nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
61911000 usd
CY2021 nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
52766000 usd
CY2023 nhi Payment Of Tenant Lease Incentives
PaymentOfTenantLeaseIncentives
10000000 usd
CY2022 nhi Payment Of Tenant Lease Incentives
PaymentOfTenantLeaseIncentives
1200000 usd
CY2021 nhi Payment Of Tenant Lease Incentives
PaymentOfTenantLeaseIncentives
1042000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4605000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8613000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8415000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2743000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3534000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4050000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5929000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
425000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3352000 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
101000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
412000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
260000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
184450000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
35625000 usd
CY2022 us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
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CY2021 us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
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CY2023 us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
13465000 usd
CY2022 us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
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CY2021 us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
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CY2023 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
38081000 usd
CY2022 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
6364000 usd
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
46817000 usd
CY2023 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
57031000 usd
CY2022 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
168958000 usd
CY2021 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
238864000 usd
CY2023 nhi Payments To Renovate Real Estate
PaymentsToRenovateRealEstate
7732000 usd
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PaymentsToRenovateRealEstate
4629000 usd
CY2021 nhi Payments To Renovate Real Estate
PaymentsToRenovateRealEstate
3465000 usd
CY2023 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
3743000 usd
CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
0 usd
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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3055000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
569000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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1205000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
364000000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
225000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
95000000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
161000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
393000000 usd
CY2023 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
200000000 usd
CY2022 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
0 usd
CY2021 us-gaap Proceeds From Bank Debt
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CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
135388000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
293316000 usd
CY2023 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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0 usd
CY2022 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
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CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
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CY2023 us-gaap Payments Of Debt Extinguishment Costs
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CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1462000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2747000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4612000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5018000 usd
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1280000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
916000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
910000 usd
CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2973000 usd
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
11738000 usd
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
288000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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CY2023 us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
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CY2022 us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
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CY2021 us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
66076000 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
156238000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
161771000 usd
CY2021 us-gaap Payments Of Dividends
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CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
151951000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3101000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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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
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46343000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24617000 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
CY2023 us-gaap Interest Paid Net
InterestPaidNet
51897000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
42659000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
43680000 usd
CY2023 nhi Additions Through Settlement Of Mortgage Note
AdditionsThroughSettlementOfMortgageNote
14200000 usd
CY2022 nhi Additions Through Settlement Of Mortgage Note
AdditionsThroughSettlementOfMortgageNote
23071000 usd
CY2021 nhi Additions Through Settlement Of Mortgage Note
AdditionsThroughSettlementOfMortgageNote
0 usd
CY2023 nhi Increase In Mortgage Note Receivable From Sale Of Real Estate
IncreaseInMortgageNoteReceivableFromSaleOfRealEstate
2249000 usd
CY2022 nhi Increase In Mortgage Note Receivable From Sale Of Real Estate
IncreaseInMortgageNoteReceivableFromSaleOfRealEstate
0 usd
CY2021 nhi Increase In Mortgage Note Receivable From Sale Of Real Estate
IncreaseInMortgageNoteReceivableFromSaleOfRealEstate
0 usd
CY2023 nhi Change In Other Assets Related To Sales Of Real Estate
ChangeInOtherAssetsRelatedToSalesOfRealEstate
0 usd
CY2022 nhi Change In Other Assets Related To Sales Of Real Estate
ChangeInOtherAssetsRelatedToSalesOfRealEstate
102000 usd
CY2021 nhi Change In Other Assets Related To Sales Of Real Estate
ChangeInOtherAssetsRelatedToSalesOfRealEstate
-33000 usd
CY2023 nhi Changein Accounts Payable Investmentsin Real Estate Construction
ChangeinAccountsPayableInvestmentsinRealEstateConstruction
325000 usd
CY2022 nhi Changein Accounts Payable Investmentsin Real Estate Construction
ChangeinAccountsPayableInvestmentsinRealEstateConstruction
20000 usd
CY2021 nhi Changein Accounts Payable Investmentsin Real Estate Construction
ChangeinAccountsPayableInvestmentsinRealEstateConstruction
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
101000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2023 nhi Change In Accounts Payable Renovations Of Existing Real Estate
ChangeInAccountsPayableRenovationsOfExistingRealEstate
0 usd
CY2022 nhi Change In Accounts Payable Renovations Of Existing Real Estate
ChangeInAccountsPayableRenovationsOfExistingRealEstate
-37000 usd
CY2021 nhi Change In Accounts Payable Renovations Of Existing Real Estate
ChangeInAccountsPayableRenovationsOfExistingRealEstate
0 usd
CY2023 nhi Change In Accounts Payable Related To Distributions To Noncontrolling Interests
ChangeInAccountsPayableRelatedToDistributionsToNoncontrollingInterests
6000 usd
CY2022 nhi Change In Accounts Payable Related To Distributions To Noncontrolling Interests
ChangeInAccountsPayableRelatedToDistributionsToNoncontrollingInterests
139000 usd
CY2021 nhi Change In Accounts Payable Related To Distributions To Noncontrolling Interests
ChangeInAccountsPayableRelatedToDistributionsToNoncontrollingInterests
64000 usd
CY2023 nhi Operating Equipment Received In Transfer Of Operations
OperatingEquipmentReceivedInTransferOfOperations
0 usd
CY2022 nhi Operating Equipment Received In Transfer Of Operations
OperatingEquipmentReceivedInTransferOfOperations
1287000 usd
CY2021 nhi Operating Equipment Received In Transfer Of Operations
OperatingEquipmentReceivedInTransferOfOperations
0 usd
CY2023 nhi Capitalized Costs Transfer Of Operations
CapitalizedCostsTransferOfOperations
0 usd
CY2022 nhi Capitalized Costs Transfer Of Operations
CapitalizedCostsTransferOfOperations
300000 usd
CY2021 nhi Capitalized Costs Transfer Of Operations
CapitalizedCostsTransferOfOperations
0 usd
CY2023 nhi Reclassification Of Prepaid Equity Issuance Costs To Capital In Excess Of Par Value
ReclassificationOfPrepaidEquityIssuanceCostsToCapitalInExcessOfParValue
275000 usd
CY2022 nhi Reclassification Of Prepaid Equity Issuance Costs To Capital In Excess Of Par Value
ReclassificationOfPrepaidEquityIssuanceCostsToCapitalInExcessOfParValue
0 usd
CY2021 nhi Reclassification Of Prepaid Equity Issuance Costs To Capital In Excess Of Par Value
ReclassificationOfPrepaidEquityIssuanceCostsToCapitalInExcessOfParValue
0 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1522945000 usd
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
974000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
119116000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
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CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
47904000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1516983000 usd
CY2022 nhi Distributions Attributable To Redeemable Noncontrolling Interest
DistributionsAttributableToRedeemableNoncontrollingInterest
40000 usd
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1015000 usd
CY2022 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-843000 usd
CY2022 nhi Net Income Loss Excluding Gain Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossExcludingGainLossAttributableToRedeemableNoncontrollingInterest
66344000 usd
CY2022 nhi Noncontrolling Interest Increase For Reclassification Of Redeemable Noncontrolling Interest
NoncontrollingInterestIncreaseForReclassificationOfRedeemableNoncontrollingInterest
1030000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-80000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
288000 usd
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
151951000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8613000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.60
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
159555000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1280081000 usd
CY2023 nhi Capital Contribution Attributable To Redeemable Noncontrolling Interest
CapitalContributionAttributableToRedeemableNoncontrollingInterest
922000 usd
CY2023 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
2051000 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1286000 usd
CY2023 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-1091000 usd
CY2023 nhi Net Income Loss Excluding Gain Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossExcludingGainLossAttributableToRedeemableNoncontrollingInterest
135472000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-275000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
0 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4605000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.60
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
156257000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1264391000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q4 nhi Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
1 property
CY2023Q4 nhi Number Of Health Care Properties Related To Mortgage Notes Receivables
NumberOfHealthCarePropertiesRelatedToMortgageNotesReceivables
8 mortgage
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
260700000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15500000 usd
CY2023Q4 nhi Number Of Joint Ventures
NumberOfJointVentures
2 jointventure
CY2023Q4 nhi Number Of Real Estate Partnerships
NumberOfRealEstatePartnerships
2 realestatepartnership
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<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%">Use of Estimates -</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant assumptions and estimates include purchase price allocations to record investments in real estate, impairment of real estate, and allowance for credit losses. Actual results could differ from those estimates.</span></div>
CY2023Q4 us-gaap Lessor Operating Lease Renewal Term
LessorOperatingLeaseRenewalTerm
P5Y
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19291000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37412000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
2225000 usd
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
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22347000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19291000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
2270000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
2225000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24617000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21516000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<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%">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%"> - 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>
CY2023 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<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 target threshold. We recognize contingent rent periodically 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 rent payments and are excluded from the determination of minimum lease payments.</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%">If rental income calculated on a straight-line basis exceeds the cash rent due under a lease, the difference is recorded as an increase to straight-line rents receivable in the Consolidated Balance Sheets and an increase in rental income in the Consolidated Statements of Income. If rental income on a straight-line basis is calculated to be less than cash received, there is a decrease in the same accounts.</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%">Property operating expenses that are reimbursed by our operators are recorded as “</span><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%">in the Consolidated Statements of Income. Accordingly, we record a corresponding expense, reflected in “</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Taxes and insurance on leased properties” </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">in the Consolidated Statements of Income. Rental income includes reimbursement of property operating expenses for the years ended December 2023, 2022 and 2021, totaling $11.5 million, $9.8 million and $11.6 million, respectively.</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%">Rental income is reduced for the non-cash amortization of payments made upon the eventual settlement of commitments and contingencies originally identified and recorded as lease inducements. We record lease inducements to the extent that it is probable that a significant reversal of amounts recognized will not occur when the uncertainty associated with the contingent consideration is subsequently resolved.</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%">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. As of December 31, 2023, we had three tenants, including </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Bickford Senior Living (“Bickford”), on the cash basis of revenue recognition for their lease arrangements. During the year ended December 31, 2022, we placed three operators on the cash basis of rental income recognition. During the year ended December 31, 2021, we placed Holiday Retirement (“Holiday”) on cash basis for its master lease which was terminated in 2022 upon the formation of the SHOP ventures. Reference Note 3 for further discussion of cash basis tenants.</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 and services 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 ASC Topic 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 Topic 606, </span><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 from Contracts with Customers</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div>
CY2023Q4 nhi Number Of Tenants Cash Basis Revenue Recognition
NumberOfTenantsCashBasisRevenueRecognition
3 tenant
CY2023 us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<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%">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><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">- Interest income is recognized based on the interest rates and principal amounts outstanding on the notes receivable. We identify a mortgage note as non-performing based on various criteria including timeliness of required payments, compliance with other provisions under the related note agreement, and an evaluation of the borrower’s current financial condition for indicators that it is probable it cannot pay its contractual amounts. A non-performing loan is returned to accrual status at such time as the note becomes contractually current and management believes all future principal and interest will be received according to the contractual terms of the note. As of December 31, 2023, we had two mortgage notes receivable and a mezzanine loan totaling an aggregate of $26.6 million with affiliates of two operators/borrowers, including Bickford, designated as non-performing.</span></div>
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
14200000 usd
CY2022Q2 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
9100000 usd
CY2023Q4 nhi Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
1 property
CY2022Q4 nhi Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
13 property
CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
5004000 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
43302000 usd
CY2023Q4 us-gaap Real Estate Assets Held For Development And Sale
RealEstateAssetsHeldForDevelopmentAndSale
500000 usd
CY2023 nhi Number Of Real Estate Properties Impaired Sold Or Classified As Held For Sale
NumberOfRealEstatePropertiesImpairedSoldOrClassifiedAsHeldForSale
3 property
CY2023Q4 nhi Nonportfolio Assets Original Cost
NonportfolioAssetsOriginalCost
2600000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15500000 usd
CY2023 nhi Operating Lease Lease Income Escrow Funds
OperatingLeaseLeaseIncomeEscrowFunds
11513000 usd
CY2022 nhi Operating Lease Lease Income Escrow Funds
OperatingLeaseLeaseIncomeEscrowFunds
9788000 usd
CY2021 nhi Operating Lease Lease Income Escrow Funds
OperatingLeaseLeaseIncomeEscrowFunds
11638000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2430413000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
260747000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
48809000 usd
CY2023 nhi Percentage Of Continuing Revenue
PercentageOfContinuingRevenue
0.15
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35796000 usd
CY2022 nhi Percentage Of Continuing Revenue
PercentageOfContinuingRevenue
0.13
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
0 usd
CY2021 nhi Percentage Of Continuing Revenue
PercentageOfContinuingRevenue
0
CY2023 us-gaap Revenues
Revenues
319835000 usd
CY2022 us-gaap Revenues
Revenues
278194000 usd
CY2021 us-gaap Revenues
Revenues
298715000 usd
CY2023Q4 nhi Number Of Board Of Directors Members Also Members Of Nhc Board Of Directors
NumberOfBoardOfDirectorsMembersAlsoMembersOfNHCBoardOfDirectors
2 boardmember
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
100000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
100000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1300000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1562000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1599000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1705000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1724000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
232059000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
237981000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
244581000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
198598000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
192179000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
684840000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1790238000 usd
CY2021 nhi Operating Lease Lease Income Escrow Funds
OperatingLeaseLeaseIncomeEscrowFunds
11638000 usd
CY2023 us-gaap Lease Income
LeaseIncome
249227000 usd
CY2022 us-gaap Lease Income
LeaseIncome
217700000 usd
CY2021 us-gaap Lease Income
LeaseIncome
271049000 usd
CY2023Q4 nhi Number Of Health Care Properties Related To Mortgage Notes Receivables
NumberOfHealthCarePropertiesRelatedToMortgageNotesReceivables
16 property
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15500000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15300000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15476000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
245271000 usd
CY2023Q4 nhi Probability Of Default Increase Current Conditions Adjustment
ProbabilityOfDefaultIncreaseCurrentConditionsAdjustment
0.20
CY2023Q4 nhi Probability Of Default Increase Current Conditions Adjustment
ProbabilityOfDefaultIncreaseCurrentConditionsAdjustment
0.20
CY2023Q4 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
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
138000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15476000 usd
CY2023Q4 nhi Annual Fixed Preferred Return
AnnualFixedPreferredReturn
10200000 usd
CY2023Q2 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
4600000 usd
CY2023Q4 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
2600000 usd
CY2023Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-5000000 usd
CY2023 nhi Equity Method Investment Unrealized Gain Loss On Disposal
EquityMethodInvestmentUnrealizedGainLossOnDisposal
2700000 usd
CY2022 nhi Equity Method Investment Unrealized Gain Loss On Disposal
EquityMethodInvestmentUnrealizedGainLossOnDisposal
-4200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P7Y
CY2023 nhi Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 extensionoption
CY2023Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
11800000 usd
CY2023Q4 us-gaap Incentive To Lessee
IncentiveToLessee
10669000 usd
CY2022Q4 us-gaap Incentive To Lessee
IncentiveToLessee
3190000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
6208000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
6208000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
2270000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
2225000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
24063000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
16585000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
245000000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
42000000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8912000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8538000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1135051000 usd
CY2022Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1147511000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
75425000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
325816000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
245000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
100000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
400000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1146241000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2278000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8912000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1135051000 usd
CY2023Q1 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
2700000 usd
CY2023Q2 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
220000000 usd
CY2023 nhi Debt Leverage Limit Coupon Change Trigger
DebtLeverageLimitCouponChangeTrigger
0.50
CY2023 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
55603000 usd
CY2022 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
42487000 usd
CY2021 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
40866000 usd
CY2023 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
CY2022 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
CY2021 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
7286000 usd
CY2023 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
90000 usd
CY2022 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
46000 usd
CY2021 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
40000 usd
CY2023 nhi Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
2647000 usd
CY2022 nhi Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
2476000 usd
CY2021 nhi Amortization Of Financing Costs Exclusive Of Amounts Written Off
AmortizationOfFinancingCostsExclusiveOfAmountsWrittenOff
2698000 usd
CY2023 us-gaap Interest Expense
InterestExpense
58160000 usd
CY2022 us-gaap Interest Expense
InterestExpense
44917000 usd
CY2021 us-gaap Interest Expense
InterestExpense
50810000 usd
CY2023 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
130725000 usd
CY2023Q4 nhi Notes Receivable Funding Commitment
NotesReceivableFundingCommitment
41398000 usd
CY2023 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-404000 usd
CY2023Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
279000 usd
CY2023Q4 nhi Maximum Commitment For All Active Development Projects
MaximumCommitmentForAllActiveDevelopmentProjects
14515000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
10955000 usd
CY2023Q4 nhi Remaining Unfunded Development Commitment
RemainingUnfundedDevelopmentCommitment
3560000 usd
CY2023Q4 nhi Contingent Funding Commitment
ContingentFundingCommitment
11600000 usd
CY2023Q4 nhi Contingent Funding Commitment Amount Funded
ContingentFundingCommitmentAmountFunded
2700000 usd
CY2023Q4 nhi Contingent Funding Commitment Remaining Unfunded Amount
ContingentFundingCommitmentRemainingUnfundedAmount
8900000 usd
CY2022Q1 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
6900000 usd
CY2022Q2 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
6900000 usd
CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-700000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
9825000 usd
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0 usd
CY2023 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
0 usd
CY2022 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
11738000 usd
CY2023 nhi Temporary Equity Decrease From Reclassification
TemporaryEquityDecreaseFromReclassification
0 usd
CY2022 nhi Temporary Equity Decrease From Reclassification
TemporaryEquityDecreaseFromReclassification
1030000 usd
CY2023 nhi Contributions Attributable To Redeemable Noncontrolling Interest
ContributionsAttributableToRedeemableNoncontrollingInterest
922000 usd
CY2022 nhi Contributions Attributable To Redeemable Noncontrolling Interest
ContributionsAttributableToRedeemableNoncontrollingInterest
0 usd
CY2023 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-1091000 usd
CY2022 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-843000 usd
CY2023 nhi Distributions Attributable To Redeemable Noncontrolling Interest
DistributionsAttributableToRedeemableNoncontrollingInterest
0 usd
CY2022 nhi Distributions Attributable To Redeemable Noncontrolling Interest
DistributionsAttributableToRedeemableNoncontrollingInterest
40000 usd
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
9656000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
9825000 usd
CY2022 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2468354 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
61.56
CY2020Q1 nhi At The Market Shelf Registration Equity Offering Sales Agreement Aggregate Sales Price
AtTheMarketShelfRegistrationEquityOfferingSalesAgreementAggregateSalesPrice
500000000 usd
CY2022 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2023 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2021 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
661951 shares
CY2021Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
73.62
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
47900000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2023Q4 nhi Share Based Payment Arrangement Number Of Incentive Plans
ShareBasedPaymentArrangementNumberOfIncentivePlans
2 plan
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4605000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8613000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8415000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.56
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.92
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.54
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.069
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.070
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.067
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.390
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.493
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.481
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M24D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M24D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M24D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0456
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0175
CY2021 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 Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
83.54
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1652505 shares
CY2021Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
78.10
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
74498 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
77.93
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2216175 shares
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
70.97
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5166 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
53.41
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
61168 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
88170 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
64.33
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2447171 shares
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
68.80
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y3M3D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2078827 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
71.40
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2447171 shares
CY2022Q4 nhi Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
515020 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
12.51
CY2023Q4 nhi Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
368344 shares
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
11.48
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1800000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1900000 usd
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1300000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
100000 usd
CY2023 nhi Aggregate Intrinsic Value Per Share Options Exercised
AggregateIntrinsicValuePerShareOptionsExercised
1.23
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
100000 usd
CY2022 nhi Aggregate Intrinsic Value Per Share Options Exercised
AggregateIntrinsicValuePerShareOptionsExercised
6.13
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
200000 usd
CY2021 nhi Aggregate Intrinsic Value Per Share Options Exercised
AggregateIntrinsicValuePerShareOptionsExercised
9.27
CY2023 us-gaap Profit Loss
ProfitLoss
134381000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
65501000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
111967000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1273000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-902000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
163000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
135654000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
66403000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
111804000 usd
CY2023 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
57000 usd
CY2022 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 usd
CY2021 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
135597000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
66403000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
111804000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43388794 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44774708 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45714221 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
43388794 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
44774708 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
45714221 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
672 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
19528 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4823 shares
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
10453 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43389466 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44794236 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45729497 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.13
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.45
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.13
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.48
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.44
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
802506 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
564803 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
383716 shares
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.60
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.60
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.8025
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1500000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
100000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
100000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
100000 usd
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.60
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.60
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.8025
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 operatingsegment
CY2023 us-gaap Lease Income
LeaseIncome
249227000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
48809000 usd
CY2023 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
21799000 usd
CY2023 us-gaap Revenues
Revenues
319835000 usd
CY2023 nhi Senior Housing Operating Expenses
SeniorHousingOperatingExpenses
39587000 usd
CY2023 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
11513000 usd
CY2023 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
268735000 usd
CY2023 us-gaap Depreciation
Depreciation
69973000 usd
CY2023 us-gaap Interest Expense
InterestExpense
58160000 usd
CY2023 nhi Litigation Settlement Expense Benefit
LitigationSettlementExpenseBenefit
507000 usd
CY2023 nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
449000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19314000 usd
CY2023 nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
1376000 usd
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
14721000 usd
CY2023 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
20000 usd
CY2023 us-gaap Other Operating Income
OtherOperatingIncome
202000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-73000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
555000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
134381000 usd
CY2023Q4 us-gaap Assets
Assets
2488480000 usd
CY2022 us-gaap Lease Income
LeaseIncome
217700000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35796000 usd
CY2022 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
24698000 usd
CY2022 us-gaap Revenues
Revenues
278194000 usd
CY2022 nhi Senior Housing Operating Expenses
SeniorHousingOperatingExpenses
28193000 usd
CY2022 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
9788000 usd
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
240213000 usd
CY2022 us-gaap Depreciation
Depreciation
70880000 usd
CY2022 us-gaap Interest Expense
InterestExpense
44917000 usd
CY2022 nhi Litigation Settlement Expense Benefit
LitigationSettlementExpenseBenefit
2555000 usd
CY2022 nhi Franchise Excise And Other Taxes
FranchiseExciseAndOtherTaxes
844000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22768000 usd
CY2022 nhi Loanand Lease Lossesand Recoveries Net
LoanandLeaseLossesandRecoveriesNet
61911000 usd
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
28342000 usd
CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-710000 usd
CY2022 nhi Gain Loss On Note Receivable Payoff
GainLossOnNoteReceivablePayoff
1113000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
569000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
65501000 usd
CY2022Q4 us-gaap Assets
Assets
2507424000 usd
CY2023Q4 nhi Number Of Real Estate Partnerships
NumberOfRealEstatePartnerships
2 realestatepartnership
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
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CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
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CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023 dei Auditor Firm
AuditorFirmId
243
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
76241000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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180749000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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2537123000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
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62486000 usd
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180749000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
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CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2780358000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
673276000 usd
CY2023Q4 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P40Y
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
2100000000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2729898000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2894548000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3265070000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49556000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10993000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50346000 usd
CY2023 nhi Sec Schedule1228 Change In Accounts Payable Real Property And Equipment Additions
SECSchedule1228ChangeInAccountsPayableRealPropertyAndEquipmentAdditions
325000 usd
CY2022 nhi Sec Schedule1228 Change In Accounts Payable Real Property And Equipment Additions
SECSchedule1228ChangeInAccountsPayableRealPropertyAndEquipmentAdditions
-69000 usd
CY2021 nhi Sec Schedule1228 Change In Accounts Payable Real Property And Equipment Additions
SECSchedule1228ChangeInAccountsPayableRealPropertyAndEquipmentAdditions
-388000 usd
CY2023 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate And Accumulated Depreciation Change In Other Assets Related To Investment In Real Estate
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationChangeInOtherAssetsRelatedToInvestmentInRealEstate
454000 usd
CY2022 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate And Accumulated Depreciation Change In Other Assets Related To Investment In Real Estate
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationChangeInOtherAssetsRelatedToInvestmentInRealEstate
200000 usd
CY2021 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate And Accumulated Depreciation Change In Other Assets Related To Investment In Real Estate
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationChangeInOtherAssetsRelatedToInvestmentInRealEstate
0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
101000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2023 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 usd
CY2022 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
1287000 usd
CY2021 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 usd
CY2023 nhi Additions Acquired Through Exchange Of Non Cash Rental Income
AdditionsAcquiredThroughExchangeOfNonCashRentalIncome
2500000 usd
CY2022 nhi Additions Acquired Through Exchange Of Non Cash Rental Income
AdditionsAcquiredThroughExchangeOfNonCashRentalIncome
3000000 usd
CY2021 nhi Additions Acquired Through Exchange Of Non Cash Rental Income
AdditionsAcquiredThroughExchangeOfNonCashRentalIncome
0 usd
CY2023 nhi Additions Through Settlement Of Mortgage Note
AdditionsThroughSettlementOfMortgageNote
14200000 usd
CY2022 nhi Additions Through Settlement Of Mortgage Note
AdditionsThroughSettlementOfMortgageNote
23071000 usd
CY2021 nhi Additions Through Settlement Of Mortgage Note
AdditionsThroughSettlementOfMortgageNote
0 usd
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
19326000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
104691000 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
276429000 usd
CY2023 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Classified As Held For Use
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyClassifiedAsHeldForUse
11970000 usd
CY2022 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Classified As Held For Use
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyClassifiedAsHeldForUse
84761000 usd
CY2021 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Classified As Held For Use
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyClassifiedAsHeldForUse
137651000 usd
CY2023 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Reclassified As Held For Use
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyReclassifiedAsHeldForUse
15793000 usd
CY2022 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Reclassified As Held For Use
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyReclassifiedAsHeldForUse
7851000 usd
CY2021 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Property Reclassified As Held For Use
SECSchedule1228RealEstateCompaniesInvestmentInRealEstatePropertyReclassifiedAsHeldForUse
0 usd
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1173000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
21531000 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
6400000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2780358000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2729898000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2894548000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
611688000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
576668000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
597638000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
69973000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
70880000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
80798000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
38000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
36000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
36000 usd
CY2023 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Sale Of Properties
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationSaleOfProperties
4851000 usd
CY2022 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Sale Of Properties
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationSaleOfProperties
25643000 usd
CY2021 nhi Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Sale Of Properties
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationSaleOfProperties
70063000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
6965000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
11092000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
31741000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
3393000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
839000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
0 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
673276000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
611688000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
576668000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
162433000 usd
CY2023Q4 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
0 usd
CY2023Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
175200000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
32500 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
164576000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
230927000 usd
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
259491000 usd
CY2023 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
15083000 usd
CY2022 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
67978000 usd
CY2021 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
33160000 usd
CY2023 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Amortization Of Loan Discount And Commitment Fees
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAmortizationOfLoanDiscountAndCommitmentFees
428000 usd
CY2022 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Amortization Of Loan Discount And Commitment Fees
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAmortizationOfLoanDiscountAndCommitmentFees
907000 usd
CY2021 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Amortization Of Loan Discount And Commitment Fees
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAmortizationOfLoanDiscountAndCommitmentFees
741000 usd
CY2023 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Additions
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditions
15511000 usd
CY2022 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Additions
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditions
68885000 usd
CY2021 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Additions
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAdditions
33901000 usd
CY2023 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Fees Received
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateFeesReceived
0 usd
CY2022 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Fees Received
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateFeesReceived
497000 usd
CY2021 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Fees Received
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateFeesReceived
0 usd
CY2023 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Real Estate Investments
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateRealEstateInvestments
-14200000 usd
CY2022 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Real Estate Investments
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateRealEstateInvestments
-23071000 usd
CY2021 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Real Estate Investments
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateRealEstateInvestments
0 usd
CY2023 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
3454000 usd
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
111668000 usd
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
62465000 usd
CY2023 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Deductions
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeductions
17654000 usd
CY2022 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Deductions
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeductions
135236000 usd
CY2021 nhi Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Deductions
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeductions
62465000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
162433000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
164576000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
230927000 usd

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