| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Total revenues | 269,805 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 3,604 | - |
| Corporate Non Segment | 0 | - |
| Utilities | 3,604 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 3,632 | - |
| Corporate Non Segment | 0 | - |
| Dietary | 3,632 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 15,791 | - |
| Corporate Non Segment | 0 | - |
| Labor | 15,791 | - |
| Taxes and insurance | 13,579 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 9,307 | - |
| Corporate Non Segment | 0 | - |
| Other senior housing operating expenses | 9,307 | - |
| Noi | 223,892 | - |
| Depreciation | 59,291 | - |
| Interest | 43,104 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 0 | - |
| Corporate Non Segment | 2,655 | - |
| Legal | 2,655 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 0 | - |
| Corporate Non Segment | 756 | - |
| Franchise, excise and other taxes, net | 756 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 0 | - |
| Corporate Non Segment | 19,265 | - |
| General and administrative | 19,265 | - |
| Operating Segments-Real Estate Investment Segment | 0 | - |
| Operating Segments-Senior Housing Operating Portfolio | 0 | - |
| Corporate Non Segment | 1,572 | - |
| Proxy contest and related expenses | 1,572 | - |
| Operating Segments-Real Estate Investment Segment | -3,386 | - |
| Operating Segments-Senior Housing Operating Portfolio | 0 | - |
| Corporate Non Segment | 0 | - |
| Loan and realty gains (losses), net | -3,386 | - |
| Operating Segments-Real Estate Investment Segment | 337 | - |
| Operating Segments-Senior Housing Operating Portfolio | 0 | - |
| Corporate Non Segment | 0 | - |
| Gains on sales of real estate properties, net | 337 | - |
| Operating Segments-Real Estate Investment Segment | 2,012 | - |
| Operating Segments-Senior Housing Operating Portfolio | 0 | - |
| Corporate Non Segment | 0 | - |
| Gains on equity method investment | 2,012 | - |
| Net income | 102,984 | 70,506 |
| Depreciation | 59,291 | 39,075 |
| Amortization of lease incentives | 2,176 | 1,450 |
| Amortization of commitment fees and discounts on mortgage and other notes receivable | 773 | 316 |
| Amortization of debt issuance costs, debt discounts and prepaid expenses | 4,853 | 3,354 |
| Share-based compensation expense | 4,612 | 3,629 |
| Non-cash rental income related to operations transfers upon early lease terminations | 1,375 | - |
| Non-cash changes in straight-line rents receivable | -8,499 | 2,444 |
| Non-cash interest income on mortgage and other notes receivable | 1,203 | 655 |
| Loan and realty (gains) losses, net | -3,386 | -1,407 |
| Gains on sales of real estate properties, net | 337 | 224 |
| Gains on equity method investment | 2,012 | 1,939 |
| Other assets, net | 2,403 | 327 |
| Accounts payable and other liabilities | -2,587 | -4,414 |
| Deferred income | 488 | 7 |
| Net cash provided by operating activities | 168,827 | 106,295 |
| Fees received on mortgage notes receivable | - | 389 |
| Acquisitions of real estate properties | 130,984 | 130,984 |
| Investments in existing real estate properties and equipment | 9,850 | 4,806 |
| Proceeds from sales of real estate properties | 0 | 0 |
| Investments in mortgage and other notes receivable | 31,299 | 25,688 |
| Payments received on mortgage and other notes receivable | 88,003 | 35,365 |
| Distributions received from equity method investment | 2,012 | 1,939 |
| Net cash used in investing activities | -82,118 | -123,785 |
| Proceeds from revolving credit facility | 505,000 | 329,000 |
| Payments on revolving credit facility | 736,200 | 282,200 |
| Payments on bank term loan | 150,815 | 75,815 |
| Proceeds from issuance of senior notes | 346,161 | - |
| Payments of debt issuance costs | 3,809 | 185 |
| Proceeds from issuance of common shares, net | 134,923 | 123,484 |
| Payments of equity issuance costs | 153 | 153 |
| Noncontrolling interest capital contribution | 306 | 56 |
| Distributions paid to noncontrolling interests | 716 | 542 |
| Dividends paid to stockholders | 125,868 | 83,143 |
| Taxes paid related to net settlement of stock incentive awards | 415 | 191 |
| Net cash used in financing activities | -31,586 | 10,311 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 55,123 | -7,179 |
| Cash and cash equivalents at beginning of period | 26,502 | - |
| Cash and cash equivalents at end of period | 81,625 | - |
NATIONAL HEALTH INVESTORS INC (NHI)
NATIONAL HEALTH INVESTORS INC (NHI)