7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-03-31 2005-12-31 2002-12-31 
      
    		                                                             
      assets:
    		                                                             
      real estate properties:
    		                                                             
      land
    		209,444,000 209,444,000 201,983,000 191,909,000 181,173,000 181,173,000 180,749,000 180,749,000 180,749,000 180,749,000 181,949,000 177,527,000 176,795,000 178,787,000 180,503,000 186,658,000 200,559,000 212,609,000 220,361,000 220,361,000 220,423,000 219,919,000 219,575,000 213,617,000 213,102,000 214,661,000 207,380,000 202,196,000 200,197,000 200,197,000 192,953,000 191,623,000 188,783,000 183,943,000 182,923,000 172,003,000 164,279,000 163,476,000 140,634,000 137,532,000 136,336,000 130,340,000 127,665,000 127,566,000 94,320,000 93,950,000 93,290,000 91,770,000 70,844,000 65,674,000 58,869,000 58,869,000 62,693,000 50,210,000 49,114,000 44,620,000 44,368,000 42,493,000 41,035,000 31,647,000 33,805,000 
      buildings and improvements
    		2,882,373,000 2,880,115,000 2,823,073,000 2,751,071,000 2,627,928,000 2,622,633,000 2,596,232,000 2,593,696,000 2,588,823,000 2,587,123,000 2,604,742,000 2,549,019,000 2,560,646,000 2,599,734,000 2,601,905,000 2,707,422,000 2,818,321,000 3,024,923,000 3,042,763,000 3,041,616,000 3,041,613,000 3,025,619,000 2,990,554,000 2,836,673,000 2,827,227,000 2,823,170,000 2,676,127,000 2,599,526,000 2,599,302,000 2,598,660,000 2,485,951,000 2,471,602,000 2,421,302,000 2,408,660,000 2,396,383,000 2,285,122,000 2,204,625,000 2,156,763,000 1,954,537,000 1,945,323,000 1,939,943,000 1,843,519,000 1,856,475,000 1,854,855,000 1,380,623,000 1,374,727,000 1,363,727,000 1,320,567,000 854,915,000 795,455,000 637,043,000 636,994,000 625,361,000 499,681,000 487,396,000 436,602,000 434,309,000 421,030,000 410,655,000 362,907,000 367,981,000 
      construction in progress
    		12,465,000 8,283,000 6,663,000 10,568,000 11,329,000 8,347,000 6,389,000 5,913,000 7,019,000 5,925,000 3,924,000 3,352,000 2,835,000 1,781,000 851,000 468,000 2,784,000 4,167,000 3,131,000 3,093,000 2,528,000 1,600,000 18,003,000 24,556,000 19,954,000 20,889,000 19,810,000 16,643,000 7,890,000 5,093,000 4,781,000 2,678,000 10,835,000 20,201,000 18,018,000 15,729,000 24,772,000 27,782,000 18,702,000 13,011,000 12,343,000 10,219,000 8,978,000 6,428,000 18,197,000 13,973,000 11,198,000 9,665,000 19,469,000 9,954,000 4,922,000 2,673,000 718,000 15,900,000 9,864,000 3,922,000    359,000 1,263,000 
      total real estate properties
    		3,104,282,000 3,097,842,000                                                            
      less: accumulated depreciation
    		-801,614,000 -781,390,000                                                            
      mortgage and other notes receivable, net of credit loss reserves of
    		                                                             
      15,443 and 20,249, respectively
    		209,169,000                                                             
      cash and cash equivalents
    		81,625,000 18,640,000 135,004,000 24,289,000 15,550,000 14,766,000 11,357,000 22,347,000 16,579,000 17,411,000 13,875,000 19,291,000 28,811,000 43,435,000 36,121,000 37,412,000 48,393,000 32,544,000 113,375,000 43,344,000 42,198,000 46,853,000 46,049,000 5,215,000 5,882,000 5,635,000 5,177,000 4,659,000 2,638,000 3,045,000 3,230,000 3,063,000 3,926,000 3,470,000 5,685,000 4,832,000 4,197,000 3,876,000 28,808,000 13,286,000 14,197,000 3,293,000 4,190,000 3,287,000 3,559,000 7,157,000 6,245,000 11,312,000 7,450,000 36,469,000 6,050,000 9,172,000 4,410,000 9,800,000 6,927,000 15,484,000 21,901,000 21,097,000 4,363,000 132,469,000 43,062,000 
      straight-line rents receivable
    		77,906,000  88,311,000 87,150,000    84,713,000                                                      
      other assets
    		18,696,000 18,831,000 29,543,000 22,753,000 23,163,000 23,982,000 26,053,000 24,063,000 24,691,000 26,604,000 28,768,000 16,585,000 17,385,000 15,947,000 22,181,000 21,036,000 33,389,000 21,664,000 22,270,000 21,583,000 29,416,000 39,522,000  32,020,000 31,659,000 31,746,000 29,987,000 27,298,000 24,608,000 23,126,000 22,160,000 18,212,000 18,598,000 16,380,000 15,021,000  12,322,000                         
      total assets1
    		2,690,064,000 2,695,959,000                                                            
      liabilities and equity:
    		                                                             
      liabilities:
    		                                                             
      debt
    		1,109,065,000 1,118,835,000 1,262,985,000 1,146,041,000 1,136,302,000 1,136,035,000 1,139,266,000 1,135,051,000 1,144,438,000 1,134,815,000 1,176,014,000 1,147,511,000 1,114,999,000 1,104,495,000 1,249,044,000 1,242,883,000 1,285,287,000 1,434,744,000 1,524,725,000 1,499,285,000 1,528,968,000 1,554,241,000 1,548,904,000 1,440,465,000 1,449,360,000 1,471,787,000 1,287,205,000 1,281,675,000 1,220,135,000 1,225,720,000 1,160,226,000 1,145,497,000 1,111,292,000 1,145,005,000 1,145,691,000 1,115,981,000 1,086,018,000 1,072,835,000 937,138,000 926,257,000 1,009,144,000 893,032,000 899,420,000 862,726,000 640,963,000 638,019,000 629,033,000 617,080,000 391,362,000 386,778,000 203,250,000 203,250,000 194,250,000 120,000,000 95,300,000 48,125,000 48,750,000 49,375,000  17,252,000 61,763,000 
      accounts payable and other liabilities
    		34,654,000                                                             
      dividends payable
    		43,827,000 42,726,000 42,024,000 41,119,000 39,260,000 39,098,000 39,082,000 39,069,000 39,069,000 39,069,000 39,050,000 39,050,000 39,050,000 40,190,000 41,265,000 41,266,000 41,266,000 41,266,000 50,550,000 49,818,000 49,314,000 49,226,000 49,226,000 46,817,000 46,154,000 45,525,000 45,359,000 42,700,000 42,231,000 42,172,000 41,532,000 39,456,000 39,454,000 38,935,000 38,930,000 35,863,000 35,863,000 35,239,000 34,564,000 32,637,000 31,931,000 31,931,000 31,931,000 28,864,000 25,455,000 25,452,000 25,450,000 24,293,000 20,489,000 20,489,000 19,375,000 24,793,000 18,646,000 18,074,000 18,061,000 17,059,000 17,041,000 17,041,000 15,896,000 12,524,000 9,339,000 
      deferred income
    		4,020,000 4,058,000 4,102,000 4,277,000 4,612,000 5,107,000 5,429,000 6,009,000 5,432,000 5,284,000 4,944,000 5,052,000 5,094,000 4,282,000 4,285,000 5,725,000 6,694,000 9,209,000 10,972,000 12,614,000 14,207,000 16,371,000 17,373,000 19,750,000 21,590,000 22,641,000 24,550,000 5,954,000 5,218,000 5,833,000      871,000 784,000 477,000 1,013,000 3,573,000 2,472,000 2,643,000 2,827,000 1,071,000 1,372,000 1,415,000 1,701,000 3,901,000 1,185,000 1,230,000 1,294,000 1,334,000 1,374,000 1,643,000 1,633,000 1,714,000 1,480,000 1,423,000 1,286,000 3,142,000 4,797,000 
      total liabilities1
    		1,191,566,000 1,198,665,000                                                            
      commitments and contingencies
    		                                                             
      redeemable noncontrolling interest
    		9,034,000 9,321,000 9,540,000 9,790,000 8,925,000 9,169,000 9,425,000 9,656,000 9,922,000 10,172,000 9,520,000 9,825,000                                                  
      equity:
    		                                                             
      national health investors, inc. stockholders’ equity:
    		                                                             
      common stock
    		                                                           278,000  
      47,638,502 and 45,687,942 shares issued and outstanding, respectively
    		476,000                                                             
      capital in excess of par value
    		1,875,800,000 1,863,582,000 1,804,679,000 1,736,831,000 1,601,450,000 1,606,199,000 1,605,912,000 1,603,757,000 1,602,892,000 1,602,026,000 1,601,257,000 1,599,427,000 1,598,385,000 1,597,679,000 1,596,258,000 1,591,182,000 1,590,194,000 1,589,205,000 1,594,336,000 1,540,946,000 1,510,804,000 1,505,265,000 1,505,001,000 1,505,948,000 1,467,289,000 1,419,228,000 1,406,822,000 1,369,919,000 1,336,779,000 1,333,874,000 1,288,861,000 1,289,919,000 1,295,709,000 1,254,516,000 1,254,780,000 1,173,588,000 1,173,588,000 1,135,726,000 1,085,896,000 1,085,136,000 1,035,551,000 1,035,318,000 1,035,160,000 1,033,896,000 762,918,000 762,703,000 762,483,000 753,635,000 470,892,000 470,639,000 469,569,000 467,843,000 467,600,000 467,357,000 467,110,000 465,503,000 465,236,000 464,963,000 461,663,000 464,389,000 440,360,000 
      retained earnings
    		2,708,843,000 2,675,981,000 2,638,994,000 2,604,829,000 2,561,587,000 2,533,047,000 2,497,791,000 2,466,844,000 2,434,799,000 2,405,453,000 2,365,674,000                                                   
      cumulative dividends
    		-3,104,220,000 -3,060,393,000 -3,017,666,000 -2,975,642,000 -2,934,523,000 -2,895,263,000 -2,856,165,000 -2,817,083,000 -2,778,014,000 -2,738,945,000 -2,699,876,000                                                -956,116,000 -664,729,000 -516,632,000 
      total national health investors, inc. stockholders’ equity
    		1,480,899,000 1,479,645,000 1,426,474,000  1,228,950,000 1,244,417,000 1,247,972,000  1,260,111,000 1,268,968,000 1,267,489,000  1,306,370,000 1,392,220,000 1,479,293,000                                               
      noncontrolling interests
    		8,565,000 8,328,000 8,571,000 8,912,000 9,533,000 9,886,000 10,169,000 10,439,000 10,792,000 11,235,000 11,587,000  9,078,000 9,281,000 9,504,000  10,149,000 10,345,000 10,530,000 10,711,000 10,953,000 11,110,000 11,435,000                                       
      total equity
    		1,489,464,000 1,487,973,000 1,435,045,000 1,375,387,000 1,238,483,000 1,254,303,000 1,258,141,000 1,264,391,000 1,270,903,000 1,280,203,000 1,279,076,000 1,280,081,000 1,315,448,000 1,401,501,000 1,488,797,000 1,516,983,000 1,549,206,000 1,557,060,000 1,562,715,000 1,522,945,000 1,504,002,000 1,503,469,000 1,506,993,000 1,498,252,000 1,462,993,000 1,419,686,000          1,209,590,000 1,206,990,000 1,178,643,000 1,139,689,000 1,142,460,000 1,044,666,000 1,046,507,000 1,046,441,000 1,049,933,000 781,020,000 780,382,000 783,185,000 777,160,000 490,413,000 468,987,000 468,376,000 468,047,000 450,411,000         
      total liabilities and equity
    		2,690,064,000 2,695,959,000 2,782,885,000 2,614,371,000 2,460,090,000 2,476,912,000 2,478,125,000 2,488,480,000 2,499,090,000 2,498,495,000 2,533,230,000 2,507,424,000    2,838,876,000    3,120,489,000    3,042,235,000    2,750,570,000 2,671,009,000 2,673,236,000 2,559,428,000 2,545,821,000 2,519,932,000 2,511,042,000 2,515,979,000 2,403,633,000 2,387,770,000 2,335,454,000 2,159,234,000 2,146,349,000 2,133,125,000 2,012,820,000 2,019,716,000 1,982,960,000 1,488,168,000 1,483,127,000 1,473,202,000 1,455,820,000 917,114,000 887,234,000 700,141,000 705,981,000 675,273,000         
      17,465 and 20,249, respectively
    		 252,939,000                                                            
      straight-line rent receivable
    		 89,097,000   86,334,000 85,321,000 84,257,000  83,549,000 82,295,000 79,103,000 76,895,000 81,959,000 79,697,000 94,739,000 96,198,000 99,895,000 97,723,000 98,354,000 95,703,000 92,418,000 89,090,000 85,629,000 86,044,000 82,634,000 78,672,000 75,123,000 105,620,000 114,397,000 108,771,000 102,046,000 97,359,000 90,224,000 83,273,000 77,024,000 72,518,000 66,904,000 62,034,000 65,062,000 59,777,000 53,646,000 47,462,000 41,243,000 35,154,000 31,383,000 27,181,000 22,886,000 18,691,000 16,778,000 15,065,000 13,652,000 12,370,000 11,030,000 9,782,000 9,768,000 7,690,000 6,783,000 5,837,000    
      accounts payable and accrued expenses
    		 33,046,000 29,189,000 37,757,000 32,508,000 33,200,000 26,782,000 34,304,000 29,326,000 28,952,000 24,626,000 25,905,000 22,997,000 25,336,000 19,112,000 23,181,000 20,886,000 25,728,000 23,673,000 25,189,000 32,144,000 33,026,000 34,701,000 26,313,000 28,625,000 27,104,000 22,532,000 19,890,000 18,750,000 16,814,000 16,514,000 17,476,000 19,144,000 18,301,000 21,599,000 20,003,000 36,090,000 26,235,000 24,805,000 19,397,000 19,887,000 14,432,000 14,822,000 15,718,000 12,583,000 11,084,000 7,058,000 8,011,000 7,809,000 3,894,000 3,590,000 4,301,000 4,114,000 3,933,000 2,818,000 3,915,000 3,268,000 2,782,000 2,688,000   
      47,473,160 and 45,687,942 shares issued and outstanding, respectively
    		 475,000                                                            
      less accumulated depreciation
    		  -761,462,000 -742,295,000 -723,606,000 -705,829,000 -690,790,000 -673,276,000 -656,155,000 -638,631,000 -625,743,000 -611,688,000 -599,423,000 -593,036,000 -582,175,000 -576,668,000 -593,215,000 -622,943,000 -618,299,000 -597,638,000 -576,605,000 -555,762,000 -534,905,000 -514,453,000 -494,834,000 -487,591,000 -468,562,000 -451,483,000 -433,484,000 -415,332,000 -397,538,000 -380,202,000 -363,035,000 -345,992,000 -329,173,000 -313,080,000 -297,193,000 -281,963,000 -272,783,000 -259,059,000 -245,409,000 -233,202,000 -225,304,000 -212,300,000 -202,605,000 -193,018,000 -183,488,000 -174,262,000 -177,820,000 -172,097,000 -167,549,000 -163,146,000 -169,293,000 -153,459,000 -150,063,000 -143,474,000 -141,375,000 -138,427,000 -129,519,000 -131,784,000 -98,655,000 
      real estate properties
    		  2,270,257,000 2,211,253,000 2,096,824,000 2,106,324,000 2,092,580,000 2,107,082,000 2,120,436,000 2,135,166,000 2,164,872,000 2,118,210,000 2,140,853,000 2,187,266,000 2,201,084,000 2,317,880,000 2,428,449,000 2,618,756,000 2,647,956,000 2,667,432,000 2,687,959,000 2,691,376,000 2,693,227,000 2,560,393,000 2,565,449,000 2,571,129,000 2,434,755,000 2,366,882,000 2,373,905,000 2,388,618,000 2,286,147,000 2,285,701,000 2,257,885,000 2,266,812,000 2,268,151,000 2,159,774,000 2,096,483,000 2,066,058,000 1,841,090,000 1,836,807,000 1,843,213,000 1,750,876,000 1,767,814,000 1,776,549,000 1,290,535,000 1,289,632,000 1,284,727,000 1,247,740,000 767,408,000 698,986,000 533,285,000 535,390,000 519,479,000 412,332,000 396,311,000 341,670,000 337,302,000 325,096,000 322,171,000 263,129,000 304,394,000 
      mortgage and other notes receivable, net of reserve of 18,910 and 20,249, respectively
    		  259,770,000                                                           
      total assets
    		  2,782,885,000 2,614,371,000 2,460,090,000 2,476,912,000 2,478,125,000 2,488,480,000 2,499,090,000 2,498,495,000 2,533,230,000 2,507,424,000 2,508,785,000 2,587,291,000 2,802,503,000 2,838,876,000 2,912,177,000 3,077,445,000 3,183,273,000 3,120,489,000 3,139,273,000 3,166,971,000 3,167,835,000 3,042,235,000 3,019,360,000 2,997,381,000 2,806,268,000 2,750,570,000 2,671,009,000 2,673,236,000 2,559,428,000 2,545,821,000 2,519,932,000 2,511,042,000 2,515,979,000 2,403,633,000 2,387,770,000 2,335,454,000 2,159,234,000 2,146,349,000 2,133,125,000 2,012,820,000 2,019,716,000 1,982,960,000 1,488,168,000 1,483,127,000 1,473,202,000 1,455,820,000 917,114,000 887,234,000 700,141,000 705,981,000 675,273,000 598,400,000 572,904,000 522,297,000 521,959,000 522,139,000 497,880,000 587,932,000 651,064,000 
      liabilities and stockholders’ equity:
    		                                                             
      total liabilities
    		  1,338,300,000 1,229,194,000 1,212,682,000 1,213,440,000 1,210,559,000 1,214,433,000 1,218,265,000 1,208,120,000 1,244,634,000 1,217,518,000 1,182,140,000 1,174,303,000 1,313,706,000 1,321,893,000 1,362,971,000 1,520,385,000 1,620,558,000 1,597,544,000 1,635,271,000 1,663,502,000 1,660,842,000 1,543,983,000 1,556,367,000 1,577,695,000 1,390,284,000 1,360,857,000 1,307,609,000 1,311,864,000 1,239,547,000 1,223,704,000 1,192,265,000 1,224,616,000 1,228,695,000 1,194,043,000 1,180,780,000 1,156,811,000 1,019,545,000 1,003,889,000 1,088,459,000 966,313,000 973,275,000 933,027,000 707,148,000 702,745,000 690,017,000 678,660,000 426,701,000 418,247,000 231,765,000 237,934,000 224,862,000 153,128,000 127,290,000 74,813,000 74,539,000 74,621,000 61,055,000 162,964,000 250,635,000 
      46,693,671 and 45,687,942 shares issued and outstanding, respectively
    		  467,000                                                           
      mortgage and other notes receivable, net of reserve of 20,249 and 15,476, respectively
    		   268,926,000                                                          
      assets held for sale
    		    5,669,000 5,669,000 5,004,000 5,004,000 10,875,000 13,167,000 26,670,000 43,302,000 32,608,000 56,669,000 131,988,000 66,398,000 17,443,000 22,581,000      18,420,000 18,420,000 3,745,000 3,745,000             1,346,000 1,346,000         1,611,000 1,611,000 1,611,000  29,381,000 29,381,000 29,381,000 29,381,000 29,381,000 33,420,000   
      national health investors stockholders' equity:
    		                                                             
      45,687,942 and 43,409,841 shares issued and outstanding, respectively
    		   457,000                                                          
      total national health investors, inc. stockholders' equity
    		   1,366,475,000    1,253,952,000    1,270,225,000    1,507,083,000 1,539,057,000 1,546,715,000 1,552,185,000  1,493,049,000 1,492,359,000 1,495,558,000  1,462,366,000 1,419,045,000                                    
      mortgage and other notes receivable, net of reserve of 19,411 and 15,476, respectively
    		    232,550,000                                                         
      43,622,064 and 43,409,841 shares issued and outstanding, respectively
    		    436,000                                                         
      mortgage and other notes receivable, net of reserve of 15,921 and 15,476, respectively
    		     240,850,000                                                        
      43,442,849 and 43,409,841 shares issued and outstanding, respectively
    		     434,000                                                        
      mortgage and other notes receivable, net of reserve of 15,475 and 15,476, respectively
    		      258,874,000                                                       
      43,424,841 and 43,409,841 shares issued and outstanding, respectively
    		      434,000                                                       
      mortgage and other notes receivable, net of reserve of 15,476 and 15,338, respectively
    		       245,271,000                                                      
      national health investors, inc. stockholders' equity:
    		                                                             
      43,409,841 and 43,388,742 shares issued and outstanding, respectively
    		       434,000 434,000 434,000                                                    
      mortgage and other notes receivable, net of reserve of 15,808 and 15,338, respectively
    		        242,960,000                                                     
      mortgage and other notes receivable, net of reserve of 15,017 and 15,338, respectively
    		         223,852,000                                                    
      mortgage and other notes receivable, net of reserve of 14,964 and 15,338, respectively
    		          219,942,000                                                   
      43,388,742 shares issued and outstanding
    		          434,000                                                   
      mortgage and other notes receivable, net of reserve of 15,338 and 5,210, respectively
    		           233,141,000                                                  
      lease deposit liabilities
    		               8,838,000 8,838,000 9,438,000 10,638,000 10,638,000 10,638,000 10,638,000 10,638,000 10,638,000 10,638,000 10,638,000 10,638,000 10,638,000 21,275,000 21,325,000 21,275,000 21,275,000 22,375,000 22,375,000 22,475,000 21,325,000 21,275,000 21,275,000 21,275,000 21,275,000 21,275,000 21,275,000 21,275,000 21,648,000 22,775,000 22,775,000 22,775,000 22,775,000              
      43,388,742 and 45,850,599 shares issued and outstanding, respectively
    		           434,000 434,000                                                 
      cumulative dividends in excess of net income
    		           -329,636,000 -292,449,000 -205,906,000 -117,424,000 -84,558,000 -49,768,000 -39,316,000 -37,233,000 -22,015,000 -9,337,000 -2,618,000                   -1,898,000 -3,566,000 -2,817,000   969,000 1,126,000  -439,000 -22,695,000 -22,127,000 -18,495,000 -34,806,000 -30,510,000 -29,363,000 -23,623,000 -25,372,000 -33,447,000    
      noncontrolling interest
    		           9,856,000    9,900,000        621,000 627,000 641,000            9,072,000 9,117,000 9,168,000 9,762,000 9,824,000 9,902,000 10,008,000 9,897,000 10,355,000 10,505,000 10,614,000 10,711,000 10,782,000 10,869,000 10,865,000 10,964,000         
      mortgage and other notes receivable, net of reserve of 6,940 and 5,210, respectively
    		            207,169,000                                                 
      redeemable noncontrolling interests
    		            11,197,000 11,487,000                                                
      total liabilities and stockholders’ equity
    		            2,508,785,000 2,587,291,000 2,802,503,000  2,912,177,000 3,077,445,000 3,183,273,000  3,139,273,000 3,166,971,000 3,167,835,000  3,019,360,000 2,997,381,000 2,806,268,000                                 587,932,000  
      mortgage and other notes receivable, net of reserve of 5,214 and 5,210, respectively
    		             204,277,000                                                
      44,655,156 and 45,850,599 shares issued and outstanding, respectively
    		             447,000                                                
      mortgage and other notes receivable, net of reserve of 5,134 and 5,210, respectively
    		              316,390,000                                               
      45,850,868 and 45,850,599 shares issued and outstanding, respectively
    		              459,000                                               
      mortgage and other notes receivable, net of reserve of 5,210 and 4,946, respectively
    		               299,952,000                                              
      45,850,599 and 45,185,992 shares issued and outstanding, respectively
    		               459,000 459,000 459,000 459,000                                           
      accumulated other comprehensive loss
    		                -1,828,000 -3,633,000 -5,377,000 -7,149,000 -8,865,000 -10,735,000 -12,131,000                                       
      mortgage and other notes receivable, net of reserve of 5,139 and 4,946, respectively
    		                284,608,000                                             
      mortgage and other notes receivable, net of reserve of 5,171 and 4,946, respectively
    		                 284,177,000                                            
      mortgage and other notes receivable, net of reserve of 4,856 and 4,946, respectively
    		                  301,318,000                                           
      mortgage and other notes receivable, net of credit loss reserve of 4,946 and —
    		                   292,427,000                                          
      45,185,992 and 44,587,486 shares issued and outstanding, respectively
    		                   452,000                                          
      total national health investors stockholders' equity
    		                   1,512,234,000    1,497,631,000            1,209,590,000 1,206,990,000 1,169,571,000 1,130,572,000 1,133,292,000 1,034,904,000 1,036,683,000 1,036,539,000 1,039,925,000 771,123,000 770,027,000 772,680,000 766,546,000 479,702,000 458,205,000 457,507,000 457,182,000 439,447,000         
      mortgage and other notes receivable, net of credit loss reserve of 4,907 and —
    		                    287,282,000                                         
      44,729,157 and 44,587,486 shares issued and outstanding, respectively
    		                    447,000                                         
      mortgage and other notes receivable
    		                     300,130,000 286,320,000 340,143,000 315,316,000 306,454,000 257,481,000 246,111,000 155,461,000 149,676,000 145,845,000 141,486,000 149,299,000 141,107,000 150,098,000 133,493,000 183,993,000 160,062,000 150,720,000 135,031,000 117,828,000 99,681,000 101,529,000 63,630,000 60,728,000 60,854,000 60,871,000 60,639,000 59,367,000 65,229,000 80,059,000 84,250,000 79,325,000 82,199,000      118,800,000 201,236,000 
      44,650,002 and 44,587,486 shares issued and outstanding
    		                     447,000 447,000                                       
      equity method investment and other assets
    		                      56,610,000                                       
      cumulative net income in excess (deficit) of dividends
    		                      2,241,000 -5,331,000                19,862,000    -569,000    3,043,000              
      44,587,486 and 42,700,411 shares issued and outstanding
    		                       446,000                                      
      accumulated other comprehensive income
    		                       -3,432,000 -4,809,000 -3,459,000 342,000 1,299,000 2,513,000 2,138,000 1,335,000 -822,000 -2,719,000 -3,124,000 -3,079,000 5,731,000 8,456,000 6,074,000 26,268,000 27,910,000 875,000 4,555,000 3,820,000 6,223,000 7,109,000 6,024,000 8,741,000 9,538,000 8,970,000 9,982,000 9,786,000 7,555,000 6,375,000 8,147,000        
      43,956,238 and 42,700,411 shares issued and outstanding
    		                        440,000                                     
      cumulative net income in (excess) deficit of dividends
    		                        -554,000                                     
      43,357,018 and 42,700,411 shares issued and outstanding
    		                         434,000                                    
      cumulative net income in excess of dividends
    		                         2,842,000 8,388,000 18,068,000 23,686,000 24,938,000 29,270,000 32,605,000 34,262,000 34,624,000 35,173,000 29,873,000 24,548,000 27,379,000 18,024,000      765,000                 
      stockholders' equity:
    		                                                             
      43,199,318 and 42,700,411 shares issued and outstanding
    		                          432,000                                   
      total stockholders' equity
    		                          1,415,984,000 1,389,713,000 1,363,400,000 1,361,372,000 1,319,881,000 1,322,117,000 1,327,667,000 1,286,426,000 1,287,284,000                   445,272,000 445,614,000 447,484,000 447,420,000 447,518,000 436,825,000  400,429,000 
      42,700,411 and 41,532,154 shares issued and outstanding
    		                           427,000                                  
      42,230,851 and 41,532,154 shares issued and outstanding
    		                            422,000                                 
      42,171,866 and 41,532,154 shares issued and outstanding
    		                             422,000                                
      41,532,154 shares issued and outstanding
    		                              415,000                               
      41,532,154 and 39,847,860 shares issued and outstanding, respectively
    		                               415,000                              
      41,531,038 and 39,847,860 shares issued and outstanding, respectively
    		                                415,000                             
      40,984,289 and 39,847,860 shares issued and outstanding, respectively
    		                                 410,000                            
      40,978,934 and 39,847,860 shares issued and outstanding, respectively
    		                                  410,000                           
      marketable securities
    		                                   11,745,000 23,871,000 23,751,000 58,532,000 72,744,000 35,148,000 14,664,000 16,387,000 15,503,000 13,275,000 13,991,000 13,438,000 12,650,000 13,577,000 14,205,000 14,845,000 12,884,000 11,806,000 13,142,000 11,772,000 9,510,000 10,372,000 21,378,000 21,666,000 19,553,000 15,763,000 
      equity-method investment and other assets
    		                                   21,271,000  19,673,000 15,022,000 27,358,000 29,615,000 50,245,000 50,421,000 50,705,000 50,556,000 46,180,000 46,903,000 66,656,000 14,402,000 17,537,000            
      39,847,860 and 38,396,727 shares issued and outstanding, respectively
    		                                   398,000 398,000                         
      real estate purchase liabilities
    		                                    750,000 750,000 750,000 750,000 3,750,000 3,000,000 3,000,000 3,000,000 4,000,000 4,000,000 4,000,000 2,600,000 5,856,000 5,856,000 4,256,000 4,256,000 6,478,000 9,478,000 9,478,000    4,000,000   
      39,154,872 and 38,396,727 shares issued and outstanding, respectively
    		                                     392,000                        
      38,403,978 and 38,396,727 shares issued and outstanding, respectively
    		                                      384,000                       
      investment in preferred stock, at cost
    		                                        38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000 38,132,000   
      38,396,727 and 37,485,902 shares issued and outstanding, respectively
    		                                       384,000                      
      37,566,221 and 37,485,902 shares issued and outstanding, respectively
    		                                        376,000 376,000 376,000                   
      assets held for sale, net of depreciation
    		                                         8,467,000                    
      37,485,902 and 33,051,176 shares issued and outstanding, respectively
    		                                           375,000                  
      33,058,124 and 33,051,176 shares issued and outstanding, respectively
    		                                            331,000                 
      33,054,599 and 33,051,176 shares issued and outstanding, respectively
    		                                             331,000                
      33,051,999 and 33,051,176 shares issued and outstanding, respectively
    		                                              330,000               
      33,051,176 and 27,857,217 shares issued and outstanding, respectively
    		                                               330,000              
      27,876,176 and 27,857,217 shares issued and outstanding, respectively
    		                                                279,000 279,000 279,000           
      investment in unconsolidated entity and other assets
    		                                                  12,507,000           
      deferred costs and other assets
    		                                                   12,172,000 11,091,000 2,366,000 1,387,000 629,000 1,249,000 2,692,000 418,000 10,268,000 5,254,000 
      27,857,217 and 27,751,208 shares issued and outstanding, respectively
    		                                                   279,000          
      27,830,311 and 27,751,208 shares issued and outstanding, respectively
    		                                                    278,000         
      accounts receivable
    		                                                     1,266,000 1,373,000 473,000 323,000 1,243,000 3,701,000 5,581,000 6,857,000 
      liabilities and stockholders' equity:
    		                                                             
      stockholders' equity
    		                                                             
      27,806,129 and 27,751,208 shares issued and outstanding, respectively
    		                                                     278,000        
      total liabilities and stockholders' equity
    		                                                     598,400,000 572,904,000 522,297,000 521,959,000 522,139,000 497,880,000  651,064,000 
      mortgage notes receivable
    		                                                      77,853,000 79,328,000 76,516,000 77,283,000 74,009,000   
      27,751,208 shares issued and outstanding, respectively
    		                                                      278,000       
      unrealized gains on marketable securities
    		                                                      7,589,000 5,327,000 7,279,000 15,725,000 14,448,000 11,822,000  
      real estate purchase liability
    		                                                       4,000,000 4,000,000 4,000,000    
      earnest money deposit
    		                                                          3,250,000   
      27,689,392 shares issued and outstanding, respectively
    		                                                       277,000 277,000 277,000    
      assets
    		                                                             
      liabilities and stockholders' equity
    		                                                             
      borrowings under revolving credit facility
    		                                                          33,935,000   
      27,629,505 shares issued and outstanding, respectively
    		                                                          276,000   
      cumulative net income
    		                                                          916,554,000 613,208,000 458,613,000 
      investment in preferred stock
    		                                                           38,132,000 38,132,000 
      liabilities
    		                                                             
      unsecured public notes
    		                                                           100,000,000 100,000,000 
      convertible subordinated debentures
    		                                                           201,000 41,633,000 
      accounts payable and other accrued expenses
    		                                                           26,471,000 28,511,000 
      accrued interest
    		                                                           3,374,000 4,592,000 
      commitments
    		                                                             
      stockholders’ equity
    		                                                             
      total stockholders’ equity
    		                                                           424,968,000  
      investments in real estate mortgage investment conduits
    		                                                            36,366,000 
      commitments and guarantees
    		                                                             
      cumulative convertible preferred stock, .01 par value;
    		                                                             
      10,000,000 shares authorized;
    		                                                             
      747,994 shares issued and outstanding; stated at liquidation
    		                                                             
      preference of 25 per share
    		                                                            18,700,000 
      26,682,994 and 26,004,318 shares, respectively, issued and
    		                                                             
      outstanding
    		                                                            266,000 
      unrealized losses on marketable securities
    		                                                            -878,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.