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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Real estate properties:    
Land $ 180,749 $ 177,527
Buildings and improvements 2,593,696 2,549,019
Construction in progress 5,913 3,352
Real estate properties, gross 2,780,358 2,729,898
Less accumulated depreciation (673,276) (611,688)
Real estate properties, net 2,107,082 2,118,210
Mortgage and other notes receivable, net of reserve of $15,476 and $15,338, respectively 245,271 233,141
Cash and cash equivalents 22,347 19,291
Straight-line rents receivable 84,713 76,895
Assets held for sale, net 5,004  
Other assets, net 24,063 16,585
Total Assets [1] 2,488,480 2,507,424
Liabilities and Equity:    
Debt 1,135,051 1,147,511
Accounts payable and accrued expenses 34,304 25,905
Dividends payable 39,069 39,050
Deferred income 6,009 5,052
Total Liabilities [1] 1,214,433 1,217,518
Commitments and Contingencies
Redeemable noncontrolling interest 9,656 9,825
National Health Investors, Inc. Stockholders' Equity:    
Common stock 434 434
Capital in excess of par value 1,603,757 1,599,427
Retained earnings 2,466,844 2,331,190
Cumulative dividends (2,817,083) (2,660,826)
Total National Health Investors, Inc. Stockholders' Equity 1,253,952 1,270,225
Noncontrolling interests 10,439 9,856
Total Equity 1,264,391 1,280,081
Total Liabilities and Equity $ 2,488,480 $ 2,507,424
[1] The consolidated balance sheets include the following amounts related to our consolidated Variable Interest Entities (VIEs): $513.2 million and $519.8 million of Real estate properties, net; $10.9 million and $10.3 million of Cash and cash equivalents; $9.7 million and $7.1 million of Straight-line rents receivable; $9.4 million and $1.3 million of Other assets, net; and $4.7 million and $3.3 million of Accounts payable and accrued expenses as of December 31, 2023 and 2022, respectively.