National Health Investors (NHI) Balance Sheet

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Land	164.28M
Buildings and improvements	2.2B
Real estate properties, gross
Less accumulated depreciation
Real estate properties, net
Mortgage notes receivable, net
Investment in preferred stock, at cost
Cash and cash equivalents	4.2M
Marketable securities	23.87M
Accounts receivable, net
Straight-line rent receivable	66.9M
Assets held for sale, net
Deferred costs and other assets
Total Assets	2.39B
Debt
Real estate purchase liability	750K
Accounts payable and accrued expenses	36.09M
Dividends payable	35.86M
Deferred income	784K
Earnest money deposit
Total Liabilities	1.18B
Commitments and Contingencies
Common stock, $.01 par value; 40,000,000 shares authorized; 27,709,611 and 27,689,392 shares issued and outstanding, respectively	398K
Capital in excess of par value	1.17B
Cumulative dividends in excess of net income
Unrealized gains on marketable securities
Total Stockholders' Equity	1.21B
Total Liabilities and Stockholders' Equity	2.39B

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