secwatch.observer — SEC 8-K summary
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Issuer:     Community Healthcare Trust Inc (CHCT)
CIK:        0001631569
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001631569-24-000078
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CHCT Q2 net loss $10.4M on $11M credit reserve for tenant; AFFO $0.53
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- Net loss of $10.4M ($0.42/diluted share) vs net income of $6.6M a year ago.
- FFO $0.43 and AFFO $0.53 per share, down from $0.62 and $0.63 in Q2 2023.
- Recorded $3.2M lease/interest reserve and $11.0M credit loss reserve on a geriatric inpatient behavioral hospital tenant.
- Acquired one IRF for $23.5M in Q2; post-quarter closed a $6.2M MOB. Pipeline of $169.5M.
- Quarterly dividend raised to $0.4625/share (was $0.46), payable Aug 23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631569/000163156924000078/0001631569-24-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631569/000163156924000078/chct-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001631569-24-000078

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