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Jun 30, 2020
CHCT Q2 2020 Earnings Report
Net income reported positive, driven by rental income and strategic acquisitions.
Key Takeaways
Community Healthcare Trust reported a net income of $4.5 million, or $0.19 per diluted common share, for the second quarter of 2020. The company also completed strategic acquisitions of real estate properties and managed the impact of the COVID-19 pandemic on its tenants.
Net income for the second quarter was approximately $4.5 million, or $0.19 per diluted common share.
Funds from operations totaled $0.51 per diluted common share.
Adjusted funds from operations totaled $0.52 per diluted common share.
The Company acquired seven real estate properties and a land parcel for approximately $21.3 million.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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