National Health Investors, Inc. reported a net income of $39.183 million, or $0.85 per diluted share, for the quarter ended June 30, 2021. The results were negatively impacted by higher levels of deferrals. The company has made progress on transforming NHI into a stronger healthcare REIT.
Net income attributable to common stockholders per diluted common share decreased 14.1% from the same period in the prior year.
Normalized FAD decreased 13.3% from the same period in the prior year.
Normalized FFO per diluted common share decreased 20.5% from the same period in the prior year.
NAREIT FFO per diluted common share decreased 20.5% from the same period in the prior year.
The company anticipates some of its tenants may need additional rent deferrals to assist them with the impact of the pandemic on their operations. The timing and amount of any additional deferrals cannot yet be determined.