SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12B-25
Commission File Number 33-41863
NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 11-K
[ ] Form 20-F [X] Form 10-Q [ ] Form N-SAR
For Period Ended: March 31, 2000
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended: ____________________________________
Real attached instruction sheet before preparing form. Please print or
type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
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PART I
REGISTRATION INFORMATION
Full name of registrant NATIONAL HEALTH INVESTORS, INC.
Former name if applicable __________________________________________________
Address of principal executive office 100 Vine Street
City, state and zip code Murfreesboro, Tennessee 37130
PART II
RULE 12B-25 (B) AND (C)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
[X] (b) The subject annual report, semi-annual report, transition report
on Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be
filed on or before the 15th calendar day following the prescribed
due date; or the subject quarterly report or transition report on
Form 10-Q, or portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
NHI is currently in default on certain financial covenants on a loan it
guarantees. NHI is negotiating with its lender to waive the default but the
negotiations are not complete. Accordingly, NHI is unable to finalize the
classification of its debt and complete other portions of its financial
statements and Form 10-Q until the negotiations are complete.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Kenneth D. DenBesten 615 890-9100
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statement to be included in the subject report or
portion thereof?
[X] Yes [ ] No
If so; attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
The Company expects the following results:
Three Months Ended March 31
2000 1999
Net Revenues $38,023,000 $29,956,000
Costs and Expenses 24,070,000 13,713,000
Net Income 13,953,000 16,243,000
Earnings Per Share .56 .65
National Health Investors, Inc.
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 16, 2000 By: /s/Richard F. LaRoche, Jr.
Secretary
By: /s/Donald K. Daniel
Principal Accounting Officer
