secwatch.observer — SEC 8-K summary
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Issuer:     Community Healthcare Trust Inc (CHCT)
CIK:        0001631569
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001631569-24-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CHCT Q1 net income $3.7M ($0.11/sh); AFFO $0.59/sh; $34.2M in acquisitions, $169.5M pipeline
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- Revenue $29.3M (+8% YoY); NOI $23.5M, net income $3.7M; FFO $0.53/sh, AFFO $0.59/sh (vs $0.62 in Q1 2023).
- Acquired 4 properties for $34.2M in Q1; post-Q1 bought IRF for $23.5M. Seven properties under definitive purchase for ~$169.5M (expected returns 9.1%-9.75%).
- Board declared Q2 dividend $0.46/sh (payable May 24, record May 10), up from $0.4575/sh prior quarter.
- Portfolio 92.3% leased, 197 properties, debt-to-capitalization 38.0%; GenesisCare bankruptcy emerged with 2 leases retained.
- FY outlook: pipelines remain active; closings expected through 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631569/000163156924000043/0001631569-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631569/000163156924000043/chct-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001631569-24-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer