Community Healthcare Trust(US:CHCT) Prnewswire·2025-02-18 21:30Core Viewpoint - Community Healthcare Trust Incorporated reported a net income of approximately $1.8 million for the three months ended December 31, 2024, translating to $0.04 per diluted common share, with Funds from Operations (FFO) and Adjusted Funds from Operations (AFFO) at $0.48 and $0.55 per diluted common share respectively [1][12]. Financial Performance - For the three months ended December 31, 2024, rental income was $28.983 million, compared to $28.1 million for the same period in 2023, reflecting an increase [9]. - Total revenues for the twelve months ended December 31, 2024, were $115.786 million, up from $112.845 million in 2023 [9]. - The company reported a net loss of $3.181 million for the twelve months ended December 31, 2024, compared to a net income of $7.714 million for the same period in 2023 [10]. Property Investments - The company acquired three properties for an aggregate purchase price of approximately $8.2 million during the three months ended December 31, 2024, with these properties being 100% leased [6]. - A definitive purchase agreement was entered for a residential treatment campus with an expected purchase price of approximately $9.5 million and an expected return of 9.5% [6]. - The company has seven properties under definitive purchase agreements for an aggregate expected purchase price of approximately $169.5 million, with expected returns ranging from 9.1% to 9.75% [6]. Balance Sheet Highlights - As of December 31, 2024, total assets were approximately $992.563 million, an increase from $945.412 million as of December 31, 2023 [8]. - Total liabilities increased to $516.598 million from $432.156 million year-over-year [8]. - Stockholders' equity decreased to $475.965 million from $513.256 million year-over-year [8]. Dividends - The company's Board of Directors declared a quarterly common stock dividend of $0.4675 per share, payable on March 5, 2025, to stockholders of record on February 24, 2025 [6].