NATIONAL HEALTH INVESTORS, INC.

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED December 31, 2019, 2018, AND 2017

(in thousands)

Balance

Additions

Beginning

Charged to Costs

Balance

of Period

and Expenses1

Deductions

End of Period

For the year ended December 31, 2019

Loan loss allowance

$

—

$

—

$

—

$

—

For the year ended December 31, 2018

Loan loss allowance

$

—

$

—

$

—

$

—

For the year ended December 31, 2017

Loan loss allowance

$

—

$

—

$

—

$

—

¹ In the Consolidated Statements of Income, we report the net amount of our provision for loan and realty losses and our recoveries of amounts previously written down.

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2019
(in thousands)
													Costs
					Initial Cost to Company(C)								Capitalized																			Date
									Buildings &				Subsequent to								Buildings &								Accumulated			Acquired/
	Encumbrances				Land				Improvements				Acquisition				Land				Improvements				Total				Depreciation(B)			Constructed
Skilled Nursing Facilities
Anniston, AL	$	—			$	70			$	4,477			$	—			$	70			$	4,477			$	4,547			$	3,536		10/17/1991
Moulton, AL	—				25				688				—				25				688				713				688			10/17/1991
Avondale, AZ	—				453				6,678				—				453				6,678				7,131				4,029			8/13/1996
Brooksville, FL	—				1,217				16,166				—				1,217				16,166				17,383				4,008			2/1/2010
Crystal River, FL	—				912				12,117				—				912				12,117				13,029				3,004			2/1/2010
Dade City, FL	—				605				8,042				—				605				8,042				8,647				1,994			2/1/2010
Hudson, FL (2 facilities)	—				1,290				22,392				—				1,290				22,392				23,682				11,389			Various
Merritt Island, FL	—				701				8,869				—				701				8,869				9,570				7,364			10/17/1991
New Port Richey, FL	—				228				3,023				—				228				3,023				3,251				749			2/1/2010
Plant City, FL	—				405				8,777				—				405				8,777				9,182				7,228			10/17/1991
Stuart, FL	—				787				9,048				—				787				9,048				9,835				7,653			10/17/1991
Trenton, FL	—				851				11,312				—				851				11,312				12,163				2,804			2/1/2010
Glasgow, KY	—				33				2,110				—				33				2,110				2,143				2,059			10/17/1991
Greenfield, MA	—				370				4,341				—				370				4,341				4,711				725			8/30/2013
Holyoke, MA	—				110				944				—				110				944				1,054				166			8/30/2013
Quincy, MA	—				450				710				—				450				710				1,160				115			8/30/2013
Taunton, MA	—				900				5,906				—				900				5,906				6,806				995			8/30/2013
Desloge, MO	—				178				3,804				—				178				3,804				3,982				3,580			10/17/1991
Joplin, MO	—				175				4,034				—				175				4,034				4,209				2,990			10/17/1991
Kennett, MO	—				180				4,928				—				180				4,928				5,108				4,593			10/17/1991
Maryland Heights, MO	—				482				5,512				—				482				5,512				5,994				5,512			10/17/1991
St. Charles, MO	—				150				4,790				—				150				4,790				4,940				4,405			10/17/1991
Manchester, NH (2 facilities)	—				790				20,077				—				790				20,077				20,867				3,294			8/30/2013
Epsom, NH	—				630				2,191				—				630				2,191				2,821				382			8/30/2013
Albany, OR	—				190				10,415				—				190				10,415				10,605				1,829			3/31/2014
Creswell, OR	—				470				8,946				—				470				8,946				9,416				1,505			3/31/2014
Forest Grove, OR	—				540				11,848				—				540				11,848				12,388				2,006			3/31/2014
Anderson, SC	—				308				4,643				—				308				4,643				4,951				4,477			10/17/1991
Greenwood, SC	—				222				3,457				—				222				3,457				3,679				3,199			10/17/1991
Laurens, SC	—				42				3,426				—				42				3,426				3,468				3,042			10/17/1991
Orangeburg, SC	—				300				3,714				—				300				3,714				4,014				1,109			9/25/2008
Athens, TN	—				38				1,463				—				38				1,463				1,501				1,350			10/17/1991
Chattanooga, TN	—				143				2,309				—				143				2,309				2,452				2,313			10/17/1991

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2019
(in thousands)
										Costs
				Initial Cost to Company(C)						Capitalized														Date
							Buildings &			Subsequent to						Buildings &						Accumulated		Acquired/
	Encumbrances			Land			Improvements			Acquisition			Land			Improvements			Total			Depreciation(B)		Constructed
Dickson, TN	—			90			3,541			—			90			3,541			3,631			3,108		10/17/1991
Franklin, TN	—			47			1,130			—			47			1,130			1,177			1,110		10/17/1991
Hendersonville, TN	—			363			3,837			—			363			3,837			4,200			3,122		10/17/1991
Johnson City, TN	—			85			1,918			—			85			1,918			2,003			1,918		10/17/1991
Lewisburg, TN (2 facilities)	—			46			994			—			46			994			1,040			999		10/17/1991
McMinnville, TN	—			73			3,618			—			73			3,618			3,691			3,089		10/17/1991
Milan, TN	—			41			1,826			—			41			1,826			1,867			1,667		10/17/1991
Pulaski, TN	—			53			3,921			—			53			3,921			3,974			3,384		10/17/1991
Lawrenceburg, TN	—			98			2,900			—			98			2,900			2,998			2,349		10/17/1991
Dunlap, TN	—			35			3,679			—			35			3,679			3,714			3,040		10/17/1991
Smithville, TN	—			35			3,816			—			35			3,816			3,851			3,258		10/18/1991
Somerville, TN	—			26			677			—			26			677			703			678		10/19/1991
Sparta, TN	—			80			1,602			—			80			1,602			1,682			1,518		10/20/1991
Austin, TX	—			606			9,895			—			606			9,895			10,501			1,092		4/1/2016
Canton, TX	—			420			12,330			—			420			12,330			12,750			2,728		4/18/2013
Corinth, TX	—			1,075			13,935			—			1,075			13,935			15,010			3,315		4/18/2013
Ennis, TX	—			986			9,025			—			986			9,025			10,011			2,483		10/31/2011
Euless, TX	—			1,241			12,629			—			1,241			12,629			13,870			1,515		4/1/2016
Fort Worth, TX	—			1,380			14,370			—			1,380			14,370			15,750			805		5/10/2018
Garland, TX	—			1,440			14,310			—			1,440			14,310			15,750			800		5/10/2018
Gladewater, TX	—			70			17,840			—			70			17,840			17,910			1,871		4/1/2016
Greenville, TX	—			1,800			13,948			—			1,800			13,948			15,748			3,517		10/31/2011
Houston, TX (3 facilities)	—			2,808			42,511			—			2,808			42,511			45,319			11,429		Various
Katy, TX	—			610			13,893			—			610			13,893			14,503			1,549		4/1/2016
Kyle, TX	—			1,096			12,279			—			1,096			12,279			13,375			3,188		6/11/2012
Marble Falls, TX	—			480			14,989			—			480			14,989			15,469			1,629		4/1/2016
McAllen, TX	—			1,175			8,259			—			1,175			8,259			9,434			1,010		4/1/2016
New Braunfels, TX	—			1,430			13,666			—			1,430			13,666			15,096			1,316		2/24/2017
San Antonio, TX (3 facilities)	—			2,370			40,054			—			2,370			40,054			42,424			7,119		Various
Waxahachie, TX	—			1,330			14,349			—			1,330			14,349			15,679			960		1/17/2018
Bristol, VA	—			176			2,511			—			176			2,511			2,687			2,320		10/17/1991
Oak Creek, WI	—			2,000			14,903			—			2,000			14,903			16,903			—		12/7/2018
	—			23,565			329,155			—			23,565			329,155			352,720			77,886

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2019
(in thousands)
										Costs
				Initial Cost to Company(C)						Capitalized														Date
							Buildings &			Subsequent to						Buildings &						Accumulated		Acquired/
	Encumbrances			Land			Improvements			Acquisition			Land			Improvements			Total			Depreciation(B)		Constructed
Assisted Living Facilities
Rainbow City, AL	—			670			11,330			—			670			11,330			12,000			2,049		10/31/2013
Sacramento, CA	—			660			10,840			—			660			10,840			11,500			1,772		6/1/2014
Pueblo West, CO	—			169			7,431			—			169			7,431			7,600			93		7/23/2019
Bartow, FL	—			225			3,192			—			225			3,192			3,417			834		11/30/2010
Lakeland, FL	—			307			3,117			—			307			3,117			3,424			820		11/30/2010
Maitland, FL	—			1,687			5,428			—			1,687			5,428			7,115			3,513		8/6/1996
St. Cloud, FL	—			250			3,167			—			250			3,167			3,417			834		11/30/2010
Greensboro, GA	—			672			4,849			631			672			5,480			6,152			1,156		9/15/2011
Ames, IA	3,193			360			4,670			—			360			4,670			5,030			874		6/28/2013
Burlington, IA	3,901			200			8,374			—			200			8,374			8,574			1,570		6/28/2013
Cedar Falls, IA	3,752			260			4,700			30			260			4,730			4,990			909		6/28/2013
Clinton, IA	2,596			133			3,215			60			133			3,275			3,408			838		6/30/2010
Ft. Dodge, IA	4,008			100			7,208			—			100			7,208			7,308			1,320		6/28/2013
Iowa City, IA	2,357			297			2,725			33			297			2,758			3,055			767		6/30/2010
Marshalltown, IA	5,714			240			6,208			—			240			6,208			6,448			1,155		6/28/2013
Muscatine, IA	—			140			1,802			—			140			1,802			1,942			385		6/28/2013
Urbandale, IA	8,113			540			4,292			—			540			4,292			4,832			845		6/28/2013
West Des Moines, IA	—			600			17,406			—			600			17,406			18,006			1,670		7/12/2013
Caldwell, ID	—			320			9,353			—			320			9,353			9,673			1,547		3/31/2014
Weiser, ID	—			20			2,433			—			20			2,433			2,453			447		12/21/2012
Aurora, IL	—			1,195			11,713			—			1,195			11,713			12,908			1,118		5/9/2017
Bolingbrook, IL	—			1,290			14,677			—			1,290			14,677			15,967			1,134		3/16/2017
Bourbonnais, IL	7,974			170			16,594			—			170			16,594			16,764			3,009		6/28/2013
Crystal Lake, IL (2 facilities)	—			1,060			30,043			170			1,060			30,213			31,273			2,634		Various
Gurnee, IL	—			1,244			13,856			—			1,244			13,856			15,100			137		9/10/2019
Moline, IL	3,896			250			5,630			—			250			5,630			5,880			1,061		6/28/2013
Oswego, IL	—			390			20,957			212			390			21,169			21,559			2,008		6/1/2016
Peoria, IL	3,933			403			4,532			224			403			4,756			5,159			1,360		10/19/2009
Quincy, IL	6,055			360			12,403			—			360			12,403			12,763			2,252		6/28/2013
Rockford, IL	6,412			390			12,575			—			390			12,575			12,965			2,346		6/28/2013
South Barrington, IL	—			1,610			13,456			—			1,610			13,456			15,066			1,061		3/16/2017
Springfield, IL	15,386			450			19,355			200			450			19,555			20,005			3,517		6/28/2013
St. Charles, IL	—			820			22,188			252			820			22,440			23,260			2,148		6/1/2016

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2019
(in thousands)
										Costs
				Initial Cost to Company(C)						Capitalized														Date
							Buildings &			Subsequent to						Buildings &						Accumulated		Acquired/
	Encumbrances			Land			Improvements			Acquisition			Land			Improvements			Total			Depreciation(B)		Constructed
Tinley Park, IL	—			1,622			11,354			—			1,622			11,354			12,976			1,296		6/23/2016
Carmel, IN	—			463			7,055			—			463			7,055			7,518			1,578		11/12/2014
Crawfordsville, IN	2,559			300			3,134			—			300			3,134			3,434			597		6/28/2013
Crown Point, IN	—			574			7,336			353			574			7,689			8,263			1,474		10/30/2013
Greenwood, IN	—			791			7,020			227			791			7,247			8,038			1,619		11/7/2013
Valparaiso, IN	—			1,414			16,099			—			1,414			16,099			17,513			269		5/31/2019
Mission, KS	—			1,901			17,310			636			1,901			17,946			19,847			4,455		9/30/2012
Overland Park, KS	—			2,199			20,026			—			2,199			20,026			22,225			5,049		9/30/2012
Bastrop, LA	—			325			2,456			—			325			2,456			2,781			650		4/30/2011
Bossier City, LA	—			500			3,344			—			500			3,344			3,844			920		4/30/2011
Minden, LA	—			280			1,698			—			280			1,698			1,978			446		4/30/2011
West Monroe, LA	—			770			5,627			—			770			5,627			6,397			1,415		4/30/2011
Baltimore, MD	—			860			8,078			534			860			8,612			9,472			1,498		10/31/2013
Battle Creek, MI	2,866			398			3,093			197			398			3,290			3,688			962		10/19/2009
Bridgeport, MI	—			220			7,849			—			220			7,849			8,069			327		6/20/2018
Brighton, MI	—			410			13,090			—			410			13,090			13,500			232		5/22/2019
Lansing, MI (2 facilities)	6,218			1,360			17,766			174			1,360			17,940			19,300			3,035		10/19/2009
Midland, MI	5,416			504			6,612			162			504			6,774			7,278			1,842		10/19/2009
Saginaw, MI (2 facilities)	3,566			538			12,991			163			538			13,154			13,692			1,603		Various
Shelby Township, MI	—			570			10,230			—			570			10,230			10,800			207		4/30/2019
Champlin, MN	—			980			4,430			—			980			4,430			5,410			1,230		3/10/2010
Hugo, MN	—			400			3,800			—			400			3,800			4,200			1,040		3/10/2010
Maplewood, MN	—			1,700			6,510			—			1,700			6,510			8,210			1,798		3/10/2010
North Branch, MN	—			595			2,985			—			595			2,985			3,580			875		3/10/2010
Mahtomedi, MN	—			515			8,825			—			515			8,825			9,340			—		12/27/2019
Charlotte, NC	—			650			17,663			2,000			650			19,663			20,313			2,221		7/1/2015
Durham, NC	—			860			6,690			—			860			6,690			7,550			405		3/16/2017
Hendersonville, NC (2 facilities)	—			3,120			12,980			—			3,120			12,980			16,100			1,103		3/16/2017
Grand Island, NE	4,180			370			5,029			197			370			5,226			5,596			1,056		6/28/2013
Lincoln, NE	8,418			380			10,904			—			380			10,904			11,284			1,959		6/28/2013
Omaha, NE (2 facilities)	2,455			1,110			15,437			851			1,110			16,288			17,398			2,164		Various
Columbus, OH (2 facilities)	—			1,100			26,002			—			1,100			26,002			27,102			1,206		4/30/2018
Lancaster, OH	—			530			20,530			—			530			20,530			21,060			2,800		7/31/2015
Marysville, OH	—			1,250			13,950			—			1,250			13,950			15,200			2,755		7/1/2013

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2019
(in thousands)
										Costs
				Initial Cost to Company(C)						Capitalized															Date
							Buildings &			Subsequent to							Buildings &						Accumulated		Acquired/
	Encumbrances			Land			Improvements			Acquisition				Land			Improvements			Total			Depreciation(B)		Constructed
Middletown, OH	8,492			940			15,548			—				940			15,548			16,488			2,340		10/31/2014
Rocky River, OH	—			650			7,201			—				650			7,201			7,851			360		4/30/2018
Worthington, OH	—			—			18,869			1,476				—			20,345			20,345			1,161		4/30/2018
McMinnville, OR	—			390			9,183			—				390			9,183			9,573			896		8/31/2016
Milwaukie, OR	—			370			5,283			64				370			5,347			5,717			743		9/30/2014
Ontario, OR (2 facilities)	—			429			6,128			—				429			6,128			6,557			1,131		12/21/2012
Portland, OR (2 facilities)	—			1,430			31,542			—				1,430			31,542			32,972			2,688		8/31/2015
Erie, PA	—			1,030			15,206			3				1,030			15,209			16,239			696		4/30/2018
Reading, PA	—			1,027			11,179			—				1,027			11,179			12,206			196		5/31/2019
Arlington, TX	—			450			4,555			26				450			4,581			5,031			407		3/16/2017
Rockwall, TX	—			1,250			10,562			—				1,250			10,562			11,812			854		3/16/2017
Fredericksburg, VA	—			1,615			9,271			—				1,615			9,271			10,886			992		9/20/2016
Midlothian, VA	—			1,646			8,635			—				1,646			8,635			10,281			945		10/31/2016
Suffolk, VA	—			1,022			9,320			—				1,022			9,320			10,342			777		3/25/2016
Beaver Dam, WI	—			210			20,149			113				210			20,262			20,472			4,068		12/21/2012
	8,492			12,459			182,631			1,682				12,459			184,313			196,772			18,254
Independent Living Facilities
Fort Smith, AR	—			590			22,447			—				590			22,447			23,037			3,674		12/23/2013
Rogers, AR	—			1,470			25,282			—				1,470			25,282			26,752			4,138		12/23/2013
Fresno, CA	—			420			10,899			—				420			10,899			11,319			1,876		12/23/2013
Hemet, CA	—			1,250			12,645			—				1,250			12,645			13,895			2,153		12/23/2013
Merced, CA	—			350			18,712			—		—		350			18,712			19,062			3,075		12/23/2013
Modesto, CA	—			1,170			22,673			—				1,170			22,673			23,843			3,661		12/23/2013
Pinole, CA	—			1,020			18,066			—				1,020			18,066			19,086			2,954		12/23/2013
Roseville, CA	—			630			31,343			—				630			31,343			31,973			5,070		12/23/2013
West Covina, CA	—			940			20,280			—				940			20,280			21,220			3,270		12/23/2013
Vero Beach, FL	—			550			37,450			—				550			37,450			38,000			967		2/1/2019
Athens, GA	—			910			31,940			—				910			31,940			32,850			5,162		12/23/2013
Columbus, GA	—			570			8,639			—				570			8,639			9,209			1,508		12/23/2013
Savannah, GA	—			1,200			15,851			—				1,200			15,851			17,051			2,636		12/23/2013
Boise, ID	—			400			12,422			—				400			12,422			12,822			2,069		12/23/2013
Columbus, IN	—			348			6,124			—				348			6,124			6,472			103		5/31/2019
Fort Wayne, IN	—			310			12,864			—				310			12,864			13,174			2,201		12/23/2013

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2019
(in thousands)
										Costs
				Initial Cost to Company(C)						Capitalized														Date
							Buildings &			Subsequent to						Buildings &						Accumulated		Acquired/
	Encumbrances			Land			Improvements			Acquisition			Land			Improvements			Total			Depreciation(B)		Constructed
Kenner, LA	—			310			24,259			—			310			24,259			24,569			3,881		12/23/2013
St. Charles, MO	—			344			3,181			—			344			3,181			3,525			2,558		10/17/1991
Voorhees, NJ	—			670			23,710			—			670			23,710			24,380			3,816		12/23/2013
Gahanna, OH	—			920			22,919			—			920			22,919			23,839			3,771		12/23/2013
Broken Arrow, OK	—			2,660			18,477			—			2,660			18,477			21,137			3,079		12/23/2013
Tulsa, OK	17,622			1,980			32,620			501			1,980			33,121			35,101			1,929		12/1/2017
Newberg, OR	—			1,080			19,187			—			1,080			19,187			20,267			3,178		12/23/2013
Greenville, SC	—			560			16,547			—			560			16,547			17,107			2,761		12/23/2013
Myrtle Beach, SC	—			1,310			26,229			—			1,310			26,229			27,539			4,231		12/23/2013
Chattanooga, TN	—			9			1,567			—			9			1,567			1,576			1,329		10/17/1991
Johnson City, TN	—			55			4,077			—			55			4,077			4,132			3,040		10/17/1991
Bellevue, WA	—			780			18,692			—			780			18,692			19,472			3,044		12/23/2013
Chehalis, WA	—			1,980			7,710			7,445			1,980			15,155			17,135			879		1/15/2016
Vancouver, WA (2 facilities)	—			1,740			23,411			—			1,740			23,411			25,151			3,950		12/23/2013
Yakima, WA	—			440			14,186			—			440			14,186			14,626			2,348		12/23/2013
	17,622			14,838			256,772			7,946			14,838			264,718			279,556			43,794
Senior Living Campuses
Loma Linda, CA	—			1,200			10,800			7,326			1,200			18,126			19,326			3,169		9/28/2012
Bonita Springs, FL	—			1,810			24,382			—			1,810			24,382			26,192			3,078		7/1/2015
Maitland, FL	—			2,317			9,161			491			2,317			9,652			11,969			6,376		8/6/1996
West Palm Beach, FL	—			2,771			4,286			—			2,771			4,286			7,057			3,803		8/6/1996
Nampa, ID	—			243			4,182			—			243			4,182			4,425			2,552		8/13/1996
Michigan City, IN	—			974			22,667			—			974			22,667			23,641			378		5/31/2019
Portage, IN	—			661			21,959			—			661			21,959			22,620			368		5/31/2019
Needham, MA	—			5,500			45,157			—			5,500			45,157			50,657			1,395		1/15/2019
Salisbury, MD	—			1,876			44,084			—			1,876			44,084			45,960			763		5/31/2019
Roscommon, MI	—			44			6,005			—			44			6,005			6,049			805		8/31/2015
Mt. Airy, NC	—			1,370			7,470			150			1,370			7,620			8,990			1,125		12/17/2014
McMinnville, OR	—			410			26,667			—			410			26,667			27,077			2,451		8/31/2016
Madison, TN	—			920			21,829			104			920			21,933			22,853			2,748		7/1/2015
Silverdale, WA	—			1,750			23,860			2,167			1,750			26,027			27,777			5,392		8/16/2012
	—			21,846			272,509			10,238			21,846			282,747			304,593			34,403

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2019
(in thousands)
													Costs
					Initial Cost to Company(C)								Capitalized																			Date
									Buildings &				Subsequent to								Buildings &								Accumulated			Acquired/
	Encumbrances				Land				Improvements				Acquisition				Land				Improvements				Total				Depreciation(B)			Constructed
Entrance-Fee Communities
Bridgeport, CT	—				4,320				23,494				2,774				4,320				26,268				30,588				2,875			6/1/2016
North Branford, CT	—				7,724				64,430				—				7,724				64,430				72,154				5,700			11/3/2016
Southbury, CT	—				10,320				17,143				2,713				10,320				19,856				30,176				2,046			11/8/2016
Fernandina Beach, FL	—				1,430				63,420				1,522				1,430				64,942				66,372				8,826			12/17/2014
St. Simons Island, GA	—				8,770				38,070				963				8,770				39,033				47,803				5,547			12/17/2014
Winston-Salem, NC	—				8,700				73,920				507				8,700				74,427				83,127				10,356			12/17/2014
Greenville, SC	—				5,850				90,760				—				5,850				90,760				96,610				12,526			12/17/2014
Myrtle Beach, SC	—				3,910				82,140				542				3,910				82,682				86,592				11,630			12/17/2014
Pawleys Island, SC	—				1,480				38,620				460				1,480				39,080				40,560				5,718			12/17/2014
Spartanburg, SC	—				900				49,190				1,021				900				50,211				51,111				7,029			12/17/2014
	—				53,404				541,187				10,502				53,404				551,689				605,093				72,253
Medical Office Buildings
Crestview, FL	—				165				3,349				—				165				3,349				3,514				2,505			6/30/1993
Pasadena, TX	—				631				6,341				—				631				6,341				6,972				4,869			1/1/1995
	—				796				9,690				—				796				9,690				10,486				7,374
Hospitals
La Mesa, CA	—				4,180				8,320				—				4,180				8,320				12,500				2,676			3/10/2010
Jackson, KY	—				540				10,163				7,899				540				18,062				18,602				8,309			6/12/1992
Murfreesboro, TN	—				7,284				17,585				—				7,284				17,585				24,869				3,190			10/1/2012
	—				12,004				36,068				7,899				12,004				43,967				55,971				14,175
Total continuing operations properties	—				66,204				586,945				18,401				66,204				605,346				671,550				93,802
Corporate office	—				1,291				677				551				1,291				1,228				2,519				436
	$	—			$	67,495			$	587,622			$	18,952			$	67,495			$	606,574			$	674,069			$	94,238

NOTES TO SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

(A) See the notes to the consolidated financial statements.

(B) Depreciation is calculated using estimated useful lives up to 40 years for all completed facilities.

(C) Subsequent to NHC’s transfer of the original real estate properties in 1991, we have purchased from NHC $33,909,000 of additions to those properties. As the additions were purchased from NHC rather than developed by us, the $33,909,000 has been included as Initial Cost to Company.

(D) At December 31, 2019, the tax basis of the Company’s net real estate assets was $2,541,329,000.

NATIONAL HEALTH INVESTORS, INC.
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
FOR THE YEARS ENDED DECEMBER 31, 2019, 2018, AND 2017
(in thousands)
	December 31,
	2019				2018				2017
Investment in Real Estate:
Balance at beginning of period	$	2,818,365			$	2,665,903			$	2,472,854
Additions through cash expenditures	237,186				147,645				175,793
Change in accounts payable related to investments in real estate construction	1,829				1,689				(1,855		)
Change in other assets related to investments in real estate	292				171				—
Tenant investment in leased asset	—				3,775				1,250
Contingent asset acquisition liability relieved	—				(818		)		—
Additions through assumption of debt	—				—				18,311
Real estate acquired in exchange for straight-line rent receivable	38,000				—				—
Real estate acquired in exchange for mortgage notes receivable	14,000				—				—
Sale of properties for cash	—				—				(450		)
Properties classified as held for sale	(34,826		)		—				—
Balance at end of period	$	3,074,846			$	2,818,365			$	2,665,903
Accumulated Depreciation:
Balance at beginning of period	$	451,483			$	380,202			$	313,080
Addition charged to costs and expenses	76,816				71,349				67,173
Amortization of right-of-use asset	60				—				—
Sale of properties	—				—				(51		)
Properties classified as held for sale	(13,906		)		—				—
Contingent asset acquisition liability relieved	—				(68		)		—
Balance at end of period	$	514,453			$	451,483			$	380,202