{"schema_version":"secwatch.filing_event.v1","accession":"0000877860-25-000136","form_type":"8-K","ticker":"NHI","cik":"0000877860","company_name":"NATIONAL HEALTH INVESTORS INC","filed_at":"2025-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.548755+00:00","generated_at":"2026-05-17T20:18:32.661942+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NHI Q2 Normalized FFO $1.22 beats, raises FY guidance, increases dividend","bullets":["Q2 Normalized FFO per share $1.22 vs $1.18; NAREIT FFO $1.19 vs $1.18; net income $0.79 vs $0.81.","FY 2025 Normalized FFO guidance raised to $4.78-$4.82 (from $4.68-$4.73); NAREIT FFO guidance lowered to $4.46-$4.50 due to non-cash write-offs.","Acquired $63.5M memory care portfolio in Nebraska (8% yield, 15-year lease); funded $28M construction loan at 9%.","Terminated Discovery lease for 6 facilities (net $125.7M) effective Aug 1; transitioned to SHOP; expects $8.8M rent reduction including $12.1M write-off.","CEO announced quarterly dividend increase (amount TBD); balance sheet: net debt/EBITDA 3.9x; $315.8M ATM capacity; repaid $75.7M Fannie Mae."],"urls":{"canonical":"https://secwatch.observer/filing/0000877860-25-000136","json":"https://secwatch.observer/filing/0000877860-25-000136.json","markdown":"https://secwatch.observer/filing/0000877860-25-000136.md","text":"https://secwatch.observer/filing/0000877860-25-000136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/877860/000087786025000136/0000877860-25-000136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/877860/000087786025000136/nhi-20250806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:18:32.661942+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"}