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Mar 31, 2021
CHCT Q1 2021 Earnings Report
Reported net income of $5.3 million and acquired six real estate properties.
Key Takeaways
Community Healthcare Trust reported a net income of $5.3 million, or $0.21 per diluted common share, for the first quarter of 2021. The company also acquired six real estate properties for approximately $59.8 million.
Issued 435,272 shares of common stock through its ATM Program, receiving net proceeds of approximately $19.9 million.
Acquired six real estate properties totaling approximately 159,000 square feet for an aggregate purchase price of approximately $59.8 million.
Entered into a third amended and restated credit agreement, adding a new seven-year, $125.0 million term loan.
Declared a quarterly common stock dividend of $0.43 per share.
Revenue by Segment
Forward Guidance
The Company has two properties under definitive purchase agreements for an aggregate expected purchase price of approximately $8.4 million and expected aggregate returns of approximately 9.3%. The Company expects to close on these properties during the second or third quarter of 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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