{"schema_version":"secwatch.filing_event.v1","accession":"0000877860-24-000081","form_type":"8-K","ticker":"NHI","cik":"0000877860","company_name":"NATIONAL HEALTH INVESTORS INC","filed_at":"2024-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.201767+00:00","generated_at":"2026-05-30T05:43:00.999239+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NHI Q3 normalized FFO $1.03; cuts 2024 guidance on SLM credit loss and lower revenue","bullets":["Net income per diluted share Q3 $0.65 (vs $0.68 YoY); Normalized FFO $1.03 (vs $1.08).","2024 guidance lowered: NAREIT FFO now $4.39-$4.41 (prev $4.50-$4.54); Normalized FFO $4.43-$4.44 (prev $4.52-$4.56).","Credit loss reserve increased $3.6M for non-performing loans from Senior Living Management (SLM). SLM transitioned four leased properties; foreclosure initiated on $10M mortgage note.","Acquired 10 assisted living/memory care in NC for $121M at 8.25% yield; signed LOIs for $59.8M at ~8.8% yield. SHOP occupancy improved to 88.6% (+960 bps YoY).","Amended credit facility to Oct 2028; settled 1.8M forward shares for $122.4M net. Net debt to adjusted EBITDA within 4.0x-5.0x target."],"urls":{"canonical":"https://secwatch.observer/filing/0000877860-24-000081","json":"https://secwatch.observer/filing/0000877860-24-000081.json","markdown":"https://secwatch.observer/filing/0000877860-24-000081.md","text":"https://secwatch.observer/filing/0000877860-24-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/877860/000087786024000081/0000877860-24-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/877860/000087786024000081/nhi-20241105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T05:43:00.999239+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}