XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.20.2

Commitments and Contingencies (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Loan Commitments [Table Text Block] | The tables below summarize our existing, known commitments and contingencies as of September 30, 2020 according to the nature of their impact on our leasehold or loan portfolios. ($ in thousands)
| Asset Class |  | Type |  | Total |  | Funded |  | Remaining
Loan Commitments: |  |  |  |  |  |  |  |  |
LCS Sagewood Note A | SHO |  | Construction |  | $ | 118,800 |  |  | $ | (91,256) |  |  | $ | 27,544 |
LCS Sagewood Note B | SHO |  | Construction |  | 61,200 |  |  | (61,200) |  |  | — |
Bickford Senior Living | SHO |  | Construction |  | 42,900 |  |  | (29,458) |  |  | 13,442 |
Senior Living Communities | SHO |  | Revolving Credit |  | 12,000 |  |  | (6,170) |  |  | 5,830 |
41 Management | SHO |  | Construction |  | 10,800 |  |  | (8,532) |  |  | 2,268 |
Timber Ridge OpCo | SHO |  | Working Capital |  | 5,000 |  |  | — |  |  | 5,000 |
Watermark Retirement | SHO |  | Working Capital |  | 5,000 |  |  | — |  |  | 5,000 |
Discovery Senior Living | SHO |  | Working Capital |  | 750 |  |  | (750) |  |  | — |
|  |  |  |  | $ | 256,450 |  |  | $ | (197,366) |  |  | $ | 59,084 |
As provided above, loans funded do not include the effects of discounts or commitment fees. Our loans and loan commitments to 41 Management, LLC (“41 Management”) represent a variable interest. 41 Management is structured to limit liability for potential claims for damages, is capitalized to achieve that purpose and is considered a VIE. On June 12, 2020, we provided a $5,000,000 loan commitment to Watermark Retirement to provide working capital liquidity in connection with the renewal of an existing lease on two continuing care retirement communities.
Off Balance Sheet, Credit Loss, Liability, Roll Forward | The liability for expected credit losses on our unfunded loans is presented in the following table for the nine months ended September 30, 2020 ($ in thousands):
Beginning balance January 1, 2020 (upon adoption of ASU 2016-13) | $ | 325 |
Benefit to expected credit losses | (5) |
Balance at September 30, 2020 | $ | 320 |
Schedule of Lease Commitments [Table Text Block] |
| Asset Class |  | Type |  | Total |  | Funded |  | Remaining
Development Commitments: |  |  |  |  |  |  |  |  |
Ignite Medical Resorts | SNF |  | Construction |  | $ | 25,350 |  |  | $ | (24,313) |  |  | $ | 1,037 |
Woodland Village | SHO |  | Renovation |  | 7,515 |  |  | (7,425) |  |  | 90 |
Senior Living Communities | SHO |  | Renovation |  | 9,930 |  |  | (9,763) |  |  | 167 |
Wingate Healthcare | SHO |  | Renovation |  | 1,900 |  |  | (1,532) |  |  | 368 |
Discovery Senior Living | SHO |  | Renovation |  | 900 |  |  | (697) |  |  | 203 |
Navion Senior Solutions | SHO |  | Construction |  | 650 |  |  | — |  |  | 650 |
41 Management | SHO |  | Renovation |  | 400 |  |  | — |  |  | 400 |
Watermark Retirement | SHO |  | Renovation |  | 6,500 |  |  | (3,000) |  |  | 3,500 |
|  |  |  |  | $ | 53,145 |  |  | $ | (46,730) |  |  | $ | 6,415 |

X
- Definition Off Balance Sheet, Credit Loss, Liability, Roll Forward + References No definition available. + Details
Name: | nhi_OffBalanceSheetCreditLossLiabilityRollForwardTableTextBlock
Namespace Prefix: | nhi_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Lease Commitments [Table Text Block] + References No definition available. + Details
Name: | nhi_ScheduleofLeaseCommitmentsTableTextBlock
Namespace Prefix: | nhi_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Loan Commitments [Table Text Block] + References No definition available. + Details
Name: | nhi_ScheduleofLoanCommitmentsTableTextBlock
Namespace Prefix: | nhi_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration