STOCK TITAN
  1. Home
  2. SEC Filings
  3. CHCT
  4. [8-K] Community Healthcare Trust Inc Reports Material Event

Community Healthcare Trust Q3 2026 profit rises to $3.07M

Four properties under definitive purchase agreements have an expected aggregate purchase price of $99.0 million and expected returns of 9.1% to 9.75%.

Available on EDGAR Accepted by SEC EDGAR
Filing Impact
(High)
Filing Sentiment

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment worksHow the balance works

Form Type
8-K

Rhea-AI Filing Summary

Community Healthcare Trust Incorporated (CHCT) reported third-quarter 2026 revenue of $32.443 million and net income of $3.068 million, or $0.09 per diluted share, compared with $1.640 million net income a year earlier. FFO was $0.54 and AFFO $0.58 per diluted share; year over year, FFO per share increased 8.0% and AFFO per share 3.6%. From the second quarter, revenue rose $1.2 million (4%), leased occupancy moved from 89.8% to 90.1%, and general and administrative expense fell $0.7 million (14.3%).

CHCT declared a $0.33 quarterly dividend, payable November 25, 2026, to holders of record November 13, 2026. Since the second quarter ended, it completed $32.3 million of property dispositions; after September 30, it sold two more properties for $31.5 million net proceeds, expected to fund Section 1031 like-kind exchanges and general corporate purposes. Four properties are under definitive purchase agreements for an expected aggregate purchase price of $99.0 million, with expected returns of 9.1% to 9.75%; closings are anticipated from the fourth quarter of 2026 through early 2028, but CHCT cannot assure whether or when they will close. A behavioral-hospital tenant at six properties paid $0.5 million rent, up $0.2 million from the prior quarter; its prospective buyer is finalizing due diligence and drafting definitive agreements that include new leases, but CHCT cannot assure a closing.

2 points · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 0 points

How the balance works

Positive

  • Moderate pointNet income was $3.068 million, versus $1.640 million in third quarter 2025.
  • Moderate pointFFO per diluted share rose 8.0% year over year to $0.54.

Negative

  • None.

Filing Explained

CHCT reports no shares issued under its ATM program in Q3 2026, so the program added no new shares and caused no ownership dilution through ATM issuance during that quarter.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Revenue $32.443 million Third quarter ended September 30, 2026
Net income $3.068 million Third quarter 2026; $1.640 million in third quarter 2025
Diluted net income per common share $0.09 Third quarter 2026
FFO per diluted common share $0.54 Third quarter 2026; increased 8.0% year over year
AFFO per diluted common share $0.58 Third quarter 2026; increased 3.6% year over year
Quarterly common stock dividend $0.33 per share Payable November 25, 2026, to stockholders of record November 13, 2026
Net proceeds from property dispositions $31.5 million Two properties sold subsequent to September 30, 2026
Expected aggregate purchase price $99.0 million Four properties under definitive purchase agreements
Funds from operations financial
"Funds from operations ("FFO")"
Funds from operations (FFO) measures the cash a real estate-focused company generates from its core property operations by adjusting net income to add back non-cash expenses like building depreciation and removing one-time gains or losses from property sales. Investors use FFO like a household’s monthly take-home pay—it's a clearer view of ongoing cash available to pay dividends, maintain properties and fund growth than raw accounting profit.
Adjusted funds from operations financial
"adjusted funds from operations ("AFFO")"
Adjusted funds from operations is a financial measure that shows how much cash a real estate company generates from its property operations, excluding certain non-recurring items and accounting adjustments. It helps investors understand the company’s true cash flow ability to pay dividends or fund growth. This figure offers a clearer picture of ongoing financial performance by removing irregular or one-time factors that can distort regular income.
Funds Available for Distribution financial
"Funds Available for Distribution (FAD)"
Funds available for distribution is the cash a company or fund has left to pay shareholders after collecting operating income and paying normal expenses, taxes and routine reserves for maintenance or repairs. Investors use it like a checking-account balance that shows how much can be safely paid out as dividends or distributions without tapping into borrowing or cutting essential operations, making it a practical gauge of payout sustainability.
like-kind exchange regulatory
"fund acquisitions through like-kind exchange under Section 1031"
A like-kind exchange is a tax mechanism that lets an investor swap one qualifying asset for another similar asset without immediately paying capital gains tax, effectively deferring the tax bill until the replacement asset is sold. Think of it like trading one house for another: it preserves more cash for the new purchase and lets investors reshape or upgrade their holdings without triggering a large tax hit today, which can affect cash flow, portfolio strategy and long-term returns.
Revenue $32.443 million Increased $1.2 million, or 4%, from the second quarter of 2026
Net income $3.068 million Compared with $1.640 million in the third quarter of 2025
FFO per diluted common share $0.54 Increased $0.04, or 8.0%, year over year
AFFO per diluted common share $0.58 Increased $0.02, or 3.6%, year over year

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were CHCT’s third-quarter 2026 earnings?
CHCT reported net income of $3.068 million, or $0.09 per diluted share. FFO was $0.54 and AFFO was $0.58 per diluted share for the quarter.

What dividend did CHCT declare, and when is it payable?
CHCT declared a $0.33 per-share quarterly dividend, payable November 25, 2026, to stockholders of record November 13, 2026. The amount was the same as the prior quarter.

When does CHCT expect to close on the four properties under contract?
CHCT anticipates closing on the first property in the fourth quarter of 2026, the second in the first quarter of 2027, and the remaining two between mid-2027 and early 2028. The company said it cannot assure when, or whether, the transactions will close.

What is the status of the prospective sale involving CHCT’s behavioral-hospital tenant?
The operator, a tenant at six CHCT properties, paid approximately $0.5 million in rent during the third quarter, an increase of approximately $0.2 million from the second quarter. The prospective buyer is finalizing legal and business due diligence and drafting definitive purchase agreements that include new leases for the six properties.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
false000163156900016315692026-11-032026-11-03


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 3, 2026

COMMUNITY HEALTHCARE TRUST INCORPORATED
(Exact Name of Registrant as Specified in its Charter)
Maryland001-3740146-5212033
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer
Identification No.)

3326 Aspen Grove Drive, Suite 150, Franklin, Tennessee 37067
(Address of principal executive offices) (Zip Code)

(615) 771-3052
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each ClassTrading SymbolName of each exchange on which registered
Common stock, $0.01 par value per shareCHCTNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 2.02    Results of Operations and Financial Condition

On November 3, 2026, Community Healthcare Trust Incorporated (the "Company") issued a press release announcing its earnings for the third quarter ended September 30, 2026. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.

This information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act.

Item 7.01     Regulation FD Disclosure

The Company is furnishing its Supplemental Information for the third quarter ended September 30, 2026, which is also contained on its website (www.chct.reit). See Exhibit 99.2 to this Current Report on Form 8-K.

The Company has prepared an Investor Presentation for the third quarter ended September 30, 2026 that is expected to be used in meetings with current and potential investors. A copy of this presentation is available on the Company's website (www.chct.reit).

This information furnished pursuant to this Item 7.01, including Exhibits 99.2, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act.

Item 9.01 Financial Statements and Exhibits

The exhibits required by Item 601 of Regulation S-K which are furnished with this report are listed in the Exhibit Index and are hereby incorporated in by reference.





EXHIBIT INDEX
Exhibit No.Description
99.1
Press release dated November 3, 2026
99.2
Supplemental Information - Third Quarter 2026
104Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)





SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
COMMUNITY HEALTHCARE TRUST INCORPORATED
By:/s/ William G. Monroe IV
William G. Monroe IV
Executive Vice President and Chief Financial Officer
November 3, 2026




Exhibit 99.1

News Release

Community Healthcare Trust Announces Results for the Three Months Ended September 30, 2026

FRANKLIN, Tenn., November 3, 2026 / PRNewswire / -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended September 30, 2026. The Company reported net income for the three months ended September 30, 2026 of approximately $3.1 million, or $0.09 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended September 30, 2026 totaled $0.54 and $0.58 per diluted common share, respectively.


Highlights Include:

Executing on Strategic Plan
The Company’s results for the three months ended September 30, 2026 reflect measurable progress executing the Strategic Plan announced August 4, 2026. Key operational and financial highlights from the second quarter of 2026 to the third quarter of 2026 include total revenue growth of $1.2 million or 4%, leased occupancy growth from 89.8% to 90.1%, and general and administrative expense decline of $0.7 million or 14.3%. On a year-over-year basis, FFO per share increased by $0.04 or 8.0%, while AFFO per share increased by $0.02 or 3.6%. Additionally, since the close of the second quarter of 2026, the Company has completed $32.3 million in property dispositions to support ongoing strategic capital recycling.

Dividend
On November 3, 2026, the Company's Board of Directors declared a quarterly common stock dividend in the amount of $0.33 per share, payable on November 25, 2026, to stockholders of record as of November 13, 2026. This is the same quarterly common stock dividend amount as the prior quarter.

Items Impacting Our Results
•Net income and FFO for the three months ended September 30, 2026 were impacted by a reduction in deferred compensation expense, included in general and administrative expenses, totaling approximately $0.9 million in the third quarter of 2026 compared to the second quarter of 2026. The decrease in deferred compensation expense was generally due to fully amortized restricted stock awards and forfeited performance-based restricted stock units at June 30, 2026 totaling approximately $1.25 million, offset partially by an increase in amortization due to restricted stock awards and units granted during the third quarter 2026 totaling approximately $0.4 million.

•During the third quarter of 2026, the geriatric behavioral hospital operator, a tenant in six of the Company's properties, paid approximately $0.5 million in rent, an increase of approximately $0.2 million from the second quarter of 2026. The tenant previously signed a Letter of Intent (LOI) in July 2025 to sell its business to a behavioral healthcare provider. The prospective buyer is finalizing legal and business due diligence and drafting definitive purchase agreements, which include new leases for the six hospital properties owned by the Company. While the transaction is progressing, the Company cannot provide assurance regarding the specific timing or the ultimate certainty of the closing.

•During the third quarter of 2026, the Company sold a property, received net proceeds of approximately $0.1 million, and recorded a $0.7 million loss on sale.

•The Company has four properties under definitive purchase agreements, to be acquired after completion and occupancy, for an aggregate expected purchase price of approximately $99.0 million. The Company's expected returns on these investments are approximately 9.1% to 9.75%. The Company anticipates closing on the first of these properties in the fourth quarter of 2026, a second in the first quarter of 2027, and the remaining two between mid-2027 and early 2028; however, the Company cannot provide assurance as to the timing of when, or whether, these transactions will actually close.
1


•During the third quarter of 2026, the Company did not issue any shares under its ATM program.

•Subsequent to September 30, 2026, the Company sold two properties as part of the Company's capital recycling program for net proceeds totaling approximately $31.5 million. The proceeds are expected to fund acquisitions through like-kind exchange under Section 1031 and to be used for general corporate purposes.


About Community Healthcare Trust Incorporated
Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. As of September 30, 2026, the Company had investments of approximately $1.2 billion in 196 real estate properties (including one property with sales-type leases and two properties classified as assets held for sale). The properties are located in 36 states, totaling approximately 4.5 million square feet in the aggregate.

Additional information regarding the Company, including this quarter's operations, can be found at www.chct.reit.  Please contact the Company at 615-771-3052 to request a printed copy of this information.


Cautionary Note Regarding Forward-Looking Statements
In addition to the historical information contained within, the matters discussed in this press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “believes”, “expects”, “may”, “will,” “should”, “seeks”, “approximately”, “intends”, “plans”, “estimates”, “anticipates” or other similar words or expressions, including the negative thereof. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. Because forward-looking statements relate to future events, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the control of Community Healthcare Trust Incorporated (the "Company"). Thus, the Company’s actual results and financial condition may differ materially from those indicated in such forward-looking statements. Some factors that might cause such a difference include the following: general volatility of the capital markets and the market price of the Company’s common stock, changes in the Company’s business strategy, availability, terms and deployment of capital, changes in the real estate industry in general, interest rates or the general economy, adverse developments related to the healthcare industry, changes in governmental regulations, the degree and nature of the Company’s competition, the ability to consummate acquisitions under contract, catastrophic or extreme weather and other natural events and the physical effects of climate change, the occurrence of cyber incidents, effects on global and national markets as well as businesses resulting from increased inflation, changes in interest rates, supply chain disruptions, labor conditions, prolonged government shutdown or budgetary reductions or impasses, tariffs and global trade tensions, and/or international conflicts (including the conflicts in the Ukraine and in the Middle East), and the other factors described in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and the Company’s other filings with the Securities and Exchange Commission from time to time. Readers are therefore cautioned not to place undue reliance on the forward-looking statements contained herein which speak only as of the date hereof. The Company intends these forward-looking statements to speak only as of the time of this press release and undertakes no obligation to update forward-looking statements, whether as a result of new information, future developments, or otherwise, except as may be required by law.


2


COMMUNITY HEALTHCARE TRUST INCORPORATED
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars and shares in thousands, except per share amounts)
September 30, 2026December 31, 2025
(Unaudited)
ASSETS
Real estate properties:
Land and land improvements
$160,321 $154,673 
Buildings, improvements, and lease intangibles
1,058,175 1,047,743 
Personal property
816 813 
Total real estate properties
1,219,312 1,203,229 
Less accumulated depreciation
(308,944)(280,316)
Total real estate properties, net
910,368 922,913 
Cash and cash equivalents
1,350 3,340 
Assets held for sale, net22,588 5,265 
Other assets, net
66,105 59,239 
Total assets
$1,000,411 $990,757 
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Debt, net
$558,382 $532,199 
Accounts payable and accrued liabilities
15,281 14,925 
Other liabilities, net
13,308 14,246 
Total liabilities
586,971 561,370 
Commitments and contingencies
Stockholders' Equity
Preferred stock, $0.01 par value; 50,000 shares authorized; none issued and outstanding
— — 
Common stock, $0.01 par value; 450,000 shares authorized; 28,739 and 28,471 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively
287 285 
Additional paid-in capital
724,107 717,450 
Cumulative net income
98,757 90,777 
Accumulated other comprehensive gain
13,028 6,691 
Cumulative dividends
(422,739)(385,816)
Total stockholders’ equity
413,440 429,387 
Total liabilities and stockholders' equity
$1,000,411 $990,757 

The Consolidated Balance Sheets do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements.
 

3


COMMUNITY HEALTHCARE TRUST INCORPORATED
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025
(Unaudited; Dollars and shares in thousands, except per share amounts)

Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
REVENUES
Rental income$32,193 $30,814 $94,433 $90,672 
Other operating interest250 272 758 (423)
32,443 31,086 95,191 90,249 
EXPENSES
Property operating5,975 5,930 18,209 17,610 
General and administrative(1)
4,191 4,658 14,189 20,317 
Depreciation and amortization10,668 10,902 32,063 32,724 
20,834 21,490 64,461 70,651 
OTHER (EXPENSE) INCOME
Loss on sale and impairment of depreciable real estate assets, net of gains(1,039)(888)(1,039)(248)
Interest expense(7,515)(7,075)(21,742)(20,019)
Credit loss reserve— — — (8,672)
Deferred income tax benefit— — 12 — 
Interest and other income, net13 7 19 15 
(8,541)(7,956)(22,750)(28,924)
NET INCOME (LOSS)$3,068 $1,640 $7,980 $(9,326)
Net income (loss) per common share - Basic & Diluted$0.09 $0.03 $0.22 $(0.43)
Weighted Average Common Shares Outstanding-basic & Diluted27,070 26,934 27,026 26,824 
(1) General and administrative expenses for the three and nine months ended September 30, 2026 included stock-based compensation expense totaling approximately $1.9 million and $7.4 million, respectively. General and administrative expenses for the three and nine months ended September 30, 2025 included stock-based compensation expense totaling approximately $2.5 million and $12.3 million, respectively. General and administrative expenses for the nine months ended September 30, 2025 included severance and transition-related expenses totaling $1.3 million and accelerated non-cash stock-based compensation amortization of $4.6 million related to the termination of a former executive officer.










The Consolidated Statements of Operations do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements.
4


COMMUNITY HEALTHCARE TRUST INCORPORATED
RECONCILIATION OF FFO and AFFO (1)
(Unaudited; Dollars and shares in thousands, except per share amounts)
Three Months Ended September 30,
20262025
Net income$3,068 $1,640 
   Real estate depreciation and amortization10,853 11,019 
Loss on sale and impairment of real estate assets1,039 888 
   Total adjustments11,892 11,907 
FFO (1)
$14,960 $13,547 
   Straight-line rent(846)(913)
   Stock-based compensation1,903 2,465 
AFFO (1)
$16,017 $15,099 
   FFO per Common Share-Diluted (1)
$0.54 $0.50 
   AFFO per Common Share-Diluted (1)
$0.58 $0.56 
Weighted Average Common Shares Outstanding-Diluted (2)
27,744 27,195 
(1)
Historical cost accounting for real estate assets implicitly assumes that the value of real estate assets diminishes predictably over time. However, since real estate values have historically risen or fallen with market conditions, many industry investors deem presentations of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. For that reason, the Company considers funds from operations ("FFO") and adjusted funds from operations ("AFFO") to be appropriate measures of operating performance of an equity real estate investment trust ("REIT"). In particular, the Company believes that AFFO is useful because it allows investors, analysts and Company management to compare the Company's operating performance to the operating performance of other real estate companies and between periods on a consistent basis without having to account for differences caused by unanticipated items and other events.

The Company uses the National Association of Real Estate Investment Trusts, Inc. ("NAREIT") definition of FFO. FFO is an operating performance measure adopted by NAREIT. NAREIT defines FFO as the most commonly accepted and reported measure of a REIT’s operating performance equal to net income (calculated in accordance with GAAP), excluding gains or losses from the sale of certain real estate assets, gains and losses from change in control, impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity, plus depreciation and amortization related to real estate properties, and after adjustments for unconsolidated partnerships and joint ventures. NAREIT also provides REITs with an option to exclude gains, losses and impairments of assets that are incidental to the main business of the REIT from the calculation of FFO.

In addition to FFO, the Company presents AFFO and AFFO per share. The Company defines AFFO as FFO, excluding certain expenses related to closing costs of properties acquired accounted for as business combinations and mortgages funded, excluding straight-line rent and the amortization of stock-based compensation, and including or excluding other non-cash items from time to time. AFFO presented herein may not be comparable to similar measures presented by other real estate companies due to the fact that not all real estate companies use the same definition.

FFO and AFFO should not be considered as alternatives to net income (determined in accordance with GAAP) as indicators of the Company's financial performance or as alternatives to cash flow from operating activities (determined in accordance with GAAP) as measures of the Company’s liquidity, nor are they necessarily indicative of sufficient cash flow to fund all of the Company’s needs. The Company believes that in order to facilitate a clear understanding of the consolidated historical operating results of the Company, FFO and AFFO should be examined in conjunction with net income as presented elsewhere herein.
(2)
Diluted weighted average common shares outstanding for FFO and AFFO are calculated based on the treasury method, rather than the 2-class method used to calculate earnings per share. Restricted stock awards and time-based RSUs are included in the calculation of weighted average common shares outstanding to the extent that they are dilutive. Performance-based RSUs are included in the calculation of weighted average common shares outstanding to the extent that they are in-the-money as of the end of the reporting period and are dilutive.

CONTACT: Bill Monroe, 615-771-3052
SOURCE: Community Healthcare Trust Incorporated
5
Exhibit 99.2
supplemental_covera.jpg


Third Quarter 2026 Supplemental Information
chctlogoa.jpg

Table Of Contents
Corporate Information
3
Company Snapshot
4
Financial Highlights
5
Consolidated Balance Sheets
6
Consolidated Statements of Operations
7
Reconciliation of Non-GAAP Measures
8
Weighted Average Shares
10
Debt Summary
11
Investment Activity
12
Portfolio Diversification
13
Portfolio and Lease Statistics
14
Lease Expirations
15
Property Locations
16
Reporting Definitions
23
Disclaimers
26



Third Quarter 2026 Supplemental Information
chctlogoa.jpg

Corporate Information
Community Healthcare Trust Incorporated
3326 Aspen Grove Drive, Suite 150
Franklin, TN 37067
About CHCT
$1.25bn196$105.9m4.5m
Gross Real Estate InvestmentsProperty
Count		Annualized
NOI		Square
Feet
Executive Management TeamCovering Analysts
David H. DupuyA. Goldfarb
Chief Executive Officer and PresidentPiper Sandler
William G. Monroe IVJ. Kammert
Executive Vice President, Chief Financial OfficerEvercore ISI
Leigh Ann StachM. Lewis
Executive Vice President, Chief Accounting OfficerTruist Securities
Mark KearnsB. Oxford
Senior Vice President, Asset ManagementColliers International Securities
R. Stevenson
Huntington Securities
Board Of DirectorsContacts
Alan GardnerInvestor Relations
Chairman of the BoardPhone: 615-771-3052
Robert HensleyE-mail: Investorrelations@chct.reit
Audit Committee Chair
Website: www.chct.reit
Claire Gulmi
Compensation Committee ChairTransfer Agent
R. Lawrence Van HornEquiniti Trust Company
ESG Committee Chair1-800-937-5449
Cathrine Cotman
Board MemberIndependent Registered Public Accounting Firm
David H. DupuyBDO USA, P.C.
Board Member501 Commerce Street, Suite 1400
Nashville, TN 37203
Third Quarter 2026 Supplemental Information
3
chctlogoa.jpg

Company Snapshot
3Q 2026
Gross real estate investments (in thousands) (1)
$1,249,057
Total properties196
% Leased90.1%
Total square feet owned4,512,419
Weighted Average remaining lease term (years)7.1
Cash and cash equivalents (in thousands)$1,350
Debt to Total Capitalization43.6%
Interest rate per annum on Revolving Line of Credit5.6%
Weighted average interest rate per annum on Term Loans (2)
4.7%
Equity market cap (in millions)$407.5
Quarterly dividend paid in the period (per share)$0.33
Quarter end stock price (per share)$14.18
Dividend yield9.3%
Common shares outstanding28,739,383
___________
(1) Includes one property with sales-type leases and two properties held for sale.
(2) Term Loans are fully hedged; this rate represents the weighted average hedged rates.




Third Quarter 2026 Supplemental Information
4
chctlogoa.jpg

Financial Highlights (Amounts in thousands, except per share data)
Statements Of Operations Items3Q 20262Q 20261Q 20264Q 20253Q 2025
Revenues$32,443 $31,224 $31,524 $30,946 $31,086 
Net income (loss)$3,068 $2,364 $2,548 $14,428 $1,640 
NOI$26,468 $25,359 $25,155 $24,932 $25,156 
EBITDAre
$22,290 $20,472 $20,050 $20,173 $20,505 
Adjusted EBITDAre
$24,193 $23,250 $22,761 $22,772 $22,970 
FFO $14,960 $13,218 $13,399 $13,329 $13,547 
AFFO $16,017 $15,405 $15,350 $14,943 $15,099 
FAD$11,786 $12,994 $13,313 $11,578 $11,863 
Per Diluted Share:
Net income (loss) attributable to common shareholders
$0.09 $0.06 $0.07 $0.51 $0.03 
FFO $0.54 $0.48 $0.49 $0.49 $0.50 
AFFO $0.58 $0.56 $0.56 $0.55 $0.56 
Balance Sheet Items3Q 20262Q 20261Q 20264Q 20253Q 2025
Assets
Total real estate properties$1,219,312 $1,241,615 $1,238,080 $1,203,229 $1,190,151 
Total assets$1,000,411 $1,003,595 $1,010,093 $990,757 $987,261 
Capitalization
Net debt$558,382 $559,321 $559,260 $532,199 $530,138 
Total capitalization$1,280,766 $1,275,156 $1,271,561 $1,241,902 $1,229,442 
Net debt/total capitalization43.6%43.9%44.0%42.9%43.1%
Market valuation$407,524 $523,809 $454,006 $467,501 $435,613 
Enterprise value$964,556 $1,080,457 $1,010,649 $996,360 $962,368 



Third Quarter 2026 Supplemental Information
5
chctlogoa.jpg

Consolidated Balance Sheets (Amounts in thousands)

Assets
3Q 20262Q 20261Q 20264Q 20253Q 2025
Land and land improvements
$160,321 $163,506 $162,587 $154,673 $154,272 
Buildings, improvements, and lease intangibles
1,058,175 1,077,295 1,074,680 1,047,743 1,035,070 
Personal property
816 814 813 813 809 
Total real estate properties
$1,219,312 $1,241,615 $1,238,080 $1,203,229 $1,190,151 
Less accumulated depreciation
(308,944)(301,593)(290,958)(280,316)(272,481)
Total real estate properties, net
$910,368 $940,022 $947,122 $922,913 $917,670 
Cash and cash equivalents
1,350 2,673 2,617 3,340 3,383 
Assets held for sale, net22,588 — — 5,265 6,205 
Other assets, net
66,105 60,900 60,354 59,239 60,003 
Total assets
$1,000,411 $1,003,595 $1,010,093 $990,757 $987,261 
Liabilities And Stockholders' Equity
Debt, net
$558,382 $559,321 $559,260 $532,199 $530,138 
Accounts payable and accrued liabilities
15,281 17,691 16,431 14,925 17,205 
Other liabilities, net
13,308 12,341 13,059 14,246 13,095 
Total liabilities
$586,971 $589,353 $588,750 $561,370 $560,438 
Preferred stock
— — — — — 
Common stock
287 287 286 285 285 
Additional paid-in capital
724,107 722,454 719,819 717,450 714,890 
Cumulative net income
98,757 95,689 93,325 90,777 76,349 
Accumulated other comprehensive gain
13,028 9,047 7,395 6,691 7,568 
Cumulative dividends
(422,739)(413,235)(399,482)(385,816)(372,269)
Total stockholders’ equity
$413,440 $414,242 $421,343 $429,387 $426,823 
Total liabilities and stockholders' equity
$1,000,411 $1,003,595 $1,010,093 $990,757 $987,261 
Third Quarter 2026 Supplemental Information
6
chctlogoa.jpg

Consolidated Statements Of Operations (Amounts in thousands, except per share data)
3Q 20262Q 20261Q 20264Q 20253Q 2025
Revenues
Rental income
$32,193$30,971$31,269$30,679$30,814
Other operating interest
250253255267272
Total Revenues$32,443$31,224$31,524$30,946$31,086
Expenses
Property operating
5,9755,8656,3696,0145,930
General and administrative (1)
4,1914,8905,1084,7784,658
Depreciation and amortization
10,66810,73810,65710,81410,902
Total Expenses$20,834$21,493$22,134$21,606$21,490
Other (Expense) Income
Gain (loss), net of impairment, on the sale of real estate assets(1,039)46(46)12,051(888)
Interest expense(7,515)(7,428)(6,799)(6,959)(7,075)
Deferred income tax benefit (expense)—12—(23)—
Interest and other income, net1333197
Total Other (Expense) Income($8,541)($7,367)($6,842)$5,088($7,956)
Net Income$3,068$2,364$2,548$14,428$1,640
Net Income (Loss) Per Common Share - Basic & Diluted$0.09$0.06$0.07$0.51$0.03
Weighted Average Common Shares Outstanding
27,07027,01626,99126,95326,934
Dividends Declared, Per Common Share, In The Period
$0.3300$0.4800$0.4775$0.4750$0.4725
(1) General And Administrative Expenses:
Non-cash vs. Cash:
Non-cash (stock-based compensation)
45.4 %56.8 %53.1 %54.4 %52.9 %
Cash
54.6 %43.2 %46.9 %45.6 %47.1 %
As a % of Revenue:
Non-cash (stock-based compensation)
5.9 %8.9 %8.6 %8.4 %8.0 %
Cash
7.1 %6.8 %7.6 %7.0 %7.1 %
Third Quarter 2026 Supplemental Information
7
chctlogoa.jpg

Reconciliation of Non-GAAP Measures (Amounts in thousands, except per share data)
Three Months Ended
FFO, AFFO, AFFO Adjusted, FAD
3Q 20262Q 20261Q 20264Q 20253Q 2025
Net Income (Loss)$3,068 $2,364 $2,548 $14,428 $1,640 
Real estate depreciation and amortization10,853 10,900 10,805 10,952 11,019 
(Gain) loss, net of impairment, on the sale of real estate assets1,039 (46)46 (12,051)888 
Total adjustments11,892 10,854 10,851 (1,099)11,907 
FFO$14,960 $13,218 $13,399 $13,329 $13,547 
Straight-line rent(846)(591)(760)(985)(913)
Stock-based compensation1,903 2,778 2,711 2,599 2,465 
AFFO$16,017 $15,405 $15,350 $14,943 $15,099 
Non-real estate depreciation and amortization22 24 26 28 29 
Amortization of above (below) market leases(43)(41)(38)2 (41)
Amortization of debt issuance costs255 255 255 255 255 
AFFO, Adjusted for other non-cash items$16,251 $15,643 $15,593 $15,228 $15,342 
Leasing commissions (1,046)(202)(607)(909)(804)
Tenant improvements(1,835)(1,107)(733)(1,278)(1,169)
Recurring capex(1,584)(1,340)(940)(1,463)(1,506)
FAD$11,786 $12,994 $13,313 $11,578 $11,863 
Per Diluted Share Amounts:
FFO Per Common Share
$0.54 $0.48 $0.49 $0.49 $0.50 
AFFO Per Common Share
$0.58 $0.56 $0.56 $0.55 $0.56 
Weighted Average Common Shares Outstanding27,744 27,752 27,570 27,259 27,195 
Third Quarter 2026 Supplemental Information
8
chctlogoa.jpg

Reconciliation of Non-GAAP Measures (continued) (Amounts in thousands)
Net Operating Income (NOI)
3Q 20262Q 20261Q 20264Q 20253Q 2025
Net income (loss)
$3,068 $2,364 $2,548 $14,428 $1,640 
General and administrative4,191 4,890 5,108 4,778 4,658 
Depreciation and amortization10,668 10,738 10,657 10,814 10,902 
(Gain) loss, net of impairment, on the sale of real estate assets1,039 (46)46 (12,051)888 
Interest expense7,515 7,428 6,799 6,959 7,075 
Deferred Income tax (benefit) expense— (12)— 23 — 
Interest and other income, net(13)(3)(3)(19)(7)
NOI$26,468$25,359$25,155$24,932$25,156
Annualized NOI$105,872$101,436$100,620$99,728$100,624
EBITDAre And Adjusted EBITDAre
Net income (loss)$3,068 $2,364 $2,548 $14,428 $1,640 
Interest expense7,515 7,428 6,799 6,959 7,075 
Depreciation and amortization10,668 10,738 10,657 10,814 10,902 
Deferred Income tax (benefit) expense— (12)— 23 — 
(Gain) loss, net of impairment, on the sale of real estate assets1,039 (46)46 (12,051)888 
EBITDAre
$22,290 $20,472 $20,050 $20,173 $20,505 
Non-cash stock-based compensation expense1,903 2,778 2,711 2,599 2,465 
Adjusted EBITDAre
$24,193 $23,250 $22,761 $22,772 $22,970 
Adjusted EBITDAre Annualized
$96,772$93,000$91,044$91,088$91,880



Third Quarter 2026 Supplemental Information
9
chctlogoa.jpg

Weighted Average Shares (Amounts in thousands, except per share data)
Weighted Average Common Shares Outstanding(1)
3Q 20262Q 20261Q 20264Q 20253Q 2025
Weighted average common shares outstanding28,694 28,606 28,556 28,471 28,430 
Unvested restricted shares
(1,624)(1,590)(1,565)(1,518)(1,496)
Weighted average common shares outstanding - EPS
27,070 27,016 26,991 26,953 26,934 
Weighted average common shares outstanding - FFO Basic
27,070 27,016 26,991 26,953 26,934 
Potential dilutive common shares (from below)674 736 579 306 261 
Weighted average common shares outstanding - FFO Diluted27,744 27,752 27,570 27,259 27,195 
Treasury Share Calculation
Unrecognized deferred compensation-end of period$16,296 $16,233 $17,257 $17,665 $19,968 
Unrecognized deferred compensation-beginning of period$15,942 $17,616 $17,665 $19,968 $19,919 
Average unrecognized deferred compensation$16,119 $16,925 $17,461 $18,817 $19,944 
Average share price per share$16.12 $17.36 $16.87 $14.93 $15.66 
Treasury shares1,000 975 1,035 1,260 1,274 
Unvested restricted shares(1,624)(1,590)(1,565)(1,518)(1,496)
Unvested restricted share units(50)(121)(49)(48)(39)
Treasury shares1,000 975 1,035 1,260 1,274 
Potential dilutive common shares674 736 579 306 261 
(1) Restricted stock awards and time-based RSUs are included in the calculation of weighted average common shares outstanding if dilutive. Performance-based RSUs are included in the calculation of weighted average common shares outstanding to the extent they are in-the-money as of the end of the reporting period and are dilutive.
Third Quarter 2026 Supplemental Information
10
chctlogoa.jpg

Debt Summary
Principal
Balance		Floating
Rate		Fixed
Rate		Maturity
(in thousands)
Revolving credit facility$284,000 5.57%10/2029
Term loan A-4 (fully hedged)125,000 3.60%3/2028
Term loan A-5 (fully hedged)150,000 5.61%3/2030
Debt559,000 
Deferred Financing Costs, net(618)
Debt, net$558,382 

chart-cc3d1795d71f437cb0fa.jpg
Selected Debt Covenant Performance
MetricRequired3Q 2026
Leverage ratio≤ 60.0%44.6 %
Fixed charge coverage ratio≥ 1.503.0
Tangible net worth (in thousands)≥ $504,476$694,426
Secured indebtedness≤ 30.0%— %
Minimum debt service coverage ratio≥ 2.03.2
Third Quarter 2026 Supplemental Information
11
chctlogoa.jpg
2026 Property Investments
PropertyMarketProperty
Type		Date
Acquired		% Leased at Acquisition
Purchase
 Price
(in thousands)
Square Feet
Nobis Rehabilitation HospitalPinellas Park, FLIRF2/19/2026100.0 %$28,50037,151 
100.0 %$28,50037,151 
2026 Property Dispositions and Capital Recycling
PropertyMarketProperty
Type		Date
Disposed		% Occupied
Sales
 Price
(in thousands)
Square Feet
Colonial Blvd OfficeFort Myers, FLSC2/12/2026— %$5,55046,356 
Batesville Regional Medical CenterBatesville, MSMOB6/5/2026100.0 %$4609,263 
Belleville Medical OfficeBelleville, ILMOB9/22/2026— %$1006,487 
$6,11062,106 


Third Quarter 2026 Supplemental Information
12
chctlogoa.jpg

Portfolio Diversification (Amounts in thousands, except property count)
PropertyLeased Square FootageAnnualized Rent
Property Type CountAmount%Amount%
Medical Office Building (MOB)921,941 47.7 %$40,392 34.8 %
Inpatient Rehabilitation Facilities (IRF)11438 10.8 %26,939 23.2 %
Acute Inpatient Behavioral (AIB)11550 13.5 %18,754 16.2 %
Specialty Centers (SC)35306 7.5 %9,985 8.6 %
Physician Clinics (PC)32397 9.8 %9,260 8.0 %
Surgical Centers and Hospitals (SCH)6140 3.4 %4,638 4.0 %
Behavioral Specialty Facilities (BSF)7186 4.6 %3,690 3.2 %
Long-term Acute Care Hospitals (LTACH)2109 2.7 %2,312 2.0 %
Total1964,067100 %$115,970 100 %
PropertyLeased Square FootageAnnualized Rent
StateCountAmount%Amount%
Florida26456 11.2 %$16,879 14.6 %
Texas15410 10.1 %16,446 14.2 %
Illinois19424 10.4 %11,162 9.6 %
Ohio25460 11.3 %11,063 9.5 %
Pennsylvania15296 7.3 %6,753 5.8 %
Maryland5161 4.0 %4,495 3.9 %
Massachusetts3173 4.3 %4,349 3.8 %
Louisiana290 2.2 %4,166 3.6 %
West Virginia2140 3.4 %3,539 3.1 %
Georgia7168 4.1 %3,436 3.0 %
All Others771,289 31.7 %33,682 28.9 %
Total1964,067100 %$115,970 100 %
PropertyLeased Square FootageAnnualized Rent
TenantCountAmount%Amount%
US Healthvest3239 5.9 %$8,270 7.1 %
PAM Health293 2.3 %5,700 4.9 %
Lifepoint Health385 2.1 %4,922 4.2 %
Summit Behavioral Healthcare1132 3.2 %3,329 2.9 %
Assurance Health679 1.9 %3,321 2.9 %
University of Pittsburgh Medical Center6114 2.8 %3,060 2.6 %
Worcester Behavioral Innovations Hospital182 2.0 %2,814 2.4 %
Nobis Rehabilitation Partners137 0.9 %2,654 2.3 %
Exalt Health137 0.9 %2,654 2.3 %
Oceans Behavioral260 1.5 %2,587 2.2 %
All Others1703,109 76.5 %76,659 66.2 %
Total1964,067100 %$115,970 100 %
Third Quarter 2026 Supplemental Information
13
chctlogoa.jpg

Portfolio Overview (Amounts in thousands, except property count)

Asset TypeProperty CountLeased OccupancyAnnualized Rent
Gross RSFAmount%
Single-Tenant Outpatient86 1,356 95.5 %$31,351 27.0 %
Multi-Tenant Outpatient85 2,002 83.7 %36,615 31.6 %
Inpatient Rehab Facilities(1)
13 546 100.0 %29,251 25.2 %
Acute Inpatient Behavioral(2)
12 608 90.4 %18,754 16.2 %
Total Portfolio196 4,512 90.1 %$115,971 100 %
(1) Includes two LTACH facilities.
(2) Includes one BSF facility.

Ownership TypeProperty CountGross RSF
Fee SimpleGround LeaseFee SimpleGround Lease
Count / Square Footage19064,412100
% of Total Portfolio96.9 %3.1 %97.8 %2.2 %

Lease Statistics (Amounts in thousands)

Lease Activity3Q 20262Q 20261Q 20264Q 20253Q 2025
Leased Square Feet at beginning of period4,0594,0734,0764,0594,063
Vacancies(9)(57)(93)(22)(76)
New leases2151534335
Acquisitions/(Dispositions)—(9)37(4)37
Adjustment/remeasurement(4)1———
Leased Square Feet at end of period4,0674,0594,0734,0764,059
Renewals square feet881558378249
Trailing 12-months retention rate69.1 %69.5 %71.0 %82.8 %78.3 %


Lease Type & EscalatorsLeased RSF% TotalAverage Annual Fixed Lease Escalator %% of Leases with Fixed Escalators
Net3,510 86.3 %
Modified Gross380 9.3 %
Gross177 4.4 %
Total4,067 100 %2.0 %93.4 %
Third Quarter 2026 Supplemental Information
14
chctlogoa.jpg

Lease Expirations
Leased Sq. Ft.Annualized Rent
YearNumber of
Leases
Amount
(thousands)
Percent (%)
Amount ($)
(thousands)
Percent (%)
20265 18 0.4 %$315 0.3 %
202776 403 9.9 %9,196 7.9 %
202875 471 11.6 %9,988 8.6 %
202953 411 10.1 %10,680 9.2 %
203039 322 7.9 %7,603 6.6 %
203151 552 13.6 %14,412 12.5 %
203226 199 4.9 %4,068 3.5 %
203316 93 2.3 %2,132 1.8 %
203424 285 7.0 %10,173 8.8 %
203516 225 5.5 %8,613 7.4 %
Thereafter48 1,058 26.0 %38,203 32.9 %
Month-to-Month9 30 0.7 %587 0.5 %
Totals438 4,067 100 %$115,970 100 %

Third Quarter 2026 Supplemental Information
15
chctlogoa.jpg

Property Locations
Approximately 55% of our property revenues are in MSAs with populations over 1,000,000 and approximately 95% are in statistical areas with populations over 100,000.
Property NameProperty TypeArea% of Square Feet Annualized
Rent ($000's)		% of Annualized
 Rent		PopulationMSA/MISARank
Lancaster MOBMOB10,098 0.22 %$128.5 0.11 %12,844,441 Los Angeles-Long Beach-Anaheim, CA2
Congress Medical Building 350MOB17,543 0.39 %$299.1 0.26 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Congress Medical Building 390MOB30,855 0.68 %$530.5 0.46 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Future Diagnostics GroupSC8,876 0.20 %$320.5 0.28 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Gurnee Medical Office BuildingMOB22,968 0.51 %$205.3 0.18 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
New Lenox Medical ClinicPC7,905 0.18 %$356.5 0.31 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Morris Medical CenterMOB18,470 0.41 %$399.9 0.34 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Oak Lawn Medical PlazaMOB26,508 0.59 %$492.2 0.42 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Lincolnwood Medical BuildingPC14,863 0.33 %$330.0 0.28 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Joliet Medical BuildingSC44,888 0.99 %$462.0 0.40 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Endeavor HealthPC13,700 0.30 %$293.2 0.25 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Skin MDPC13,565 0.30 %$554.6 0.48 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Chicago Behavioral HospitalAIB85,000 1.88 %$2,316.1 2.00 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
US HealthVest - LakeAIB83,658 1.85 %$3,054.1 2.63 %9,434,123 Chicago-Naperville-Elgin, IL-IN3
Texas Rehabilitation Hospital of Fort Worth, LLCIRF39,761 0.88 %$2,109.9 1.82 %8,477,157 Dallas-Fort Worth-Arlington, TX4
Bayside Medical CenterMOB48,668 1.08 %$1,123.9 0.97 %7,904,627 Houston-Pasadena-The Woodlands, TX5
Gessner Road MOBMOB14,347 0.32 %$370.1 0.32 %7,904,627 Houston-Pasadena-The Woodlands, TX5
Clear Lake Institute for RehabilitationIRF55,646 1.23 %$3,137.2 2.71 %7,904,627 Houston-Pasadena-The Woodlands, TX5
TRT Recovery Cartersville, LLCBSF38,339 0.85 %$1,075.0 0.93 %6,482,182 Atlanta-Sandy Springs-Roswell, GA6
Dahlonega Medical MallMOB24,288 0.54 %$436.2 0.38 %6,482,182 Atlanta-Sandy Springs-Roswell, GA6
Clinton Towers MOBMOB37,371 0.83 %$964.1 0.83 %6,465,724 Washington-Arlington-Alexandria, DC-VA-MD-WV7
2301 Research BoulevardMOB92,911 2.06 %$2,269.9 1.96 %6,465,724 Washington-Arlington-Alexandria, DC-VA-MD-WV7
Haddon Hill Professional CenterMOB25,118 0.56 %$280.6 0.24 %6,329,118 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD9
Hopebridge - WestlakeBSF15,057 0.33 %$239.2 0.21 %6,329,118 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD9
Continuum Wellness CenterMOB8,227 0.18 %$172.9 0.15 %5,228,938 Phoenix-Mesa-Chandler, AZ10
Third Quarter 2026 Supplemental Information
16
chctlogoa.jpg
Property NameProperty TypeArea% of Square Feet Annualized
Rent ($000's)		% of Annualized
 Rent		PopulationMSA/MISARank
Virtuous Health CenterSCH11,722 0.26 %$441.3 0.38 %5,228,938 Phoenix-Mesa-Chandler, AZ10
Desert Mtn Health CenterBSF14,046 0.31 %$647.2 0.56 %5,228,938 Phoenix-Mesa-Chandler, AZ10
Associated Surgical Center of DearbornSCH12,400 0.27 %$377.8 0.33 %4,390,913 Detroit-Warren-Dearborn, MI14
Berry Surgical CenterSCH27,217 0.60 %$653.0 0.56 %4,390,913 Detroit-Warren-Dearborn, MI14
Smokey Point Behavioral HospitalAIB70,100 1.55 %$2,899.5 2.50 %4,161,883 Seattle-Tacoma-Bellevue, WA15
Sanford Health Bemidji 1611MOB45,800 1.01 %$1,664.8 1.44 %3,790,295 Minneapolis-St. Paul-Bloomington, MN-WI16
Sanford Health Bemidji 1705MOB28,900 0.64 %$649.5 0.56 %3,790,295 Minneapolis-St. Paul-Bloomington, MN-WI16
Bay Area Physicians CenterMOB17,943 0.40 %$426.9 0.37 %3,418,895 Tampa-St. Petersburg-Clearwater, FL17
Nobis Rehabilitation HospitalIRF37,151 0.82 %$2,654.5 2.29 %3,418,895 Tampa-St. Petersburg-Clearwater, FL17
Sanderling Dialysis Center - 2102SC11,300 0.25 %$450.1 0.39 %3,282,248 San Diego-Chula Vista-Carlsbad, CA18
Liberty DialysisSC8,450 0.19 %$270.7 0.23 %3,092,037 Denver-Aurora-Centennial, CO19
Bassin Center For Plastic-Surgery-VillagesPC2,894 0.06 %$183.0 0.16 %2,957,672 Orlando-Kissimmee-Sanford, FL20
Kissimmee Medical PlazaPC4,634 0.10 %$139.0 0.12 %2,957,672 Orlando-Kissimmee-Sanford, FL20
PAM Health Rehabilitation Hospital of OcoeeIRF37,151 0.82 %$2,562.5 2.21 %2,957,672 Orlando-Kissimmee-Sanford, FL20
Orthopaedic Associates of OsceolaPC15,167 0.34 %$378.7 0.33 %2,957,672 Orlando-Kissimmee-Sanford, FL20
Medical Village at WintergardenMOB21,532 0.48 %$645.6 0.56 %2,957,672 Orlando-Kissimmee-Sanford, FL20
Waters Edge MedicalMOB23,388 0.52 %$412.8 0.36 %2,857,781 Baltimore-Columbia-Towson, MD22
Northbay Professional PavilionMOB19,656 0.44 %$488.3 0.42 %2,857,781 Baltimore-Columbia-Towson, MD22
MedStar Urgent CareSC6,236 0.14 %$359.5 0.31 %2,857,781 Baltimore-Columbia-Towson, MD22
Eyecare Partners - 1310PC5,560 0.12 %$55.5 0.05 %2,814,421 St. Louis, MO-IL23
Eyecare Partners - 3990SCH16,608 0.37 %$310.6 0.27 %2,814,421 St. Louis, MO-IL23
Eyecare Partners - 204PC6,311 0.14 %$52.0 0.04 %2,814,421 St. Louis, MO-IL23
Heartland Women's Healthcare of Advantia ShilohPC16,212 0.36 %$366.6 0.32 %2,814,421 St. Louis, MO-IL23
Heartland Women's Healthcare of Advantia WentzvillePC7,900 0.18 %$140.4 0.12 %2,814,421 St. Louis, MO-IL23
Baptist HealthPC13,500 0.30 %$399.1 0.34 %2,813,140 San Antonio-New Braunfels, TX24
San Antonio Head & Neck Surgical AssociatesPC6,500 0.14 %$199.4 0.17 %2,813,140 San Antonio-New Braunfels, TX24
Rehabilitation Institute of South San AntonioIRF38,000 0.84 %$2,203.1 1.90 %2,813,140 San Antonio-New Braunfels, TX24
JDH Professional BuildingMOB12,376 0.27 %$270.5 0.23 %2,813,140 San Antonio-New Braunfels, TX24
The Heart & Vascular CenterPC15,878 0.35 %$323.4 0.28 %2,421,992 Pittsburgh, PA28
Butler Medical CenterMOB10,116 0.22 %$176.8 0.15 %2,421,992 Pittsburgh, PA28
Third Quarter 2026 Supplemental Information
17
chctlogoa.jpg
Property NameProperty TypeArea% of Square Feet Annualized
Rent ($000's)		% of Annualized
 Rent		PopulationMSA/MISARank
Forefront Dermatology BuildingPC15,650 0.35 %$357.9 0.31 %2,421,992 Pittsburgh, PA28
Nesbitt PlaceMOB56,003 1.24 %$1,083.0 0.93 %2,421,992 Pittsburgh, PA28
Greentree Primary CareMOB33,715 0.75 %$1,053.5 0.91 %2,421,992 Pittsburgh, PA28
Vascular Access Centers of Southern NevadaSC4,800 0.11 %$131.4 0.11 %2,407,226 Las Vegas-Henderson-North Las Vegas, NV29
Assurance Health System - 11690AIB14,381 0.32 %$601.5 0.52 %2,312,858 Cincinnati, OH-KY-IN30
Cavalier Medical & Dialysis CenterMOB17,614 0.39 %$224.9 0.19 %2,312,858 Cincinnati, OH-KY-IN30
51 Cavalier BlvdMOB17,935 0.40 %$228.1 0.20 %2,312,858 Cincinnati, OH-KY-IN30
Anderson Ferry PlazaMOB43,791 0.97 %$656.4 0.57 %2,312,858 Cincinnati, OH-KY-IN30
Liberty Rehabilitation HospitalIRF37,720 0.84 %$2,556.6 2.20 %2,312,858 Cincinnati, OH-KY-IN30
Florence Medical BuildingMOB17,845 0.40 %$263.3 0.23 %2,312,858 Cincinnati, OH-KY-IN30
Prairie Star Medical Facility IMOB24,724 0.55 %$648.1 0.56 %2,270,682 Kansas City, MO-KS31
Prairie Star Medical Facility IIMOB24,842 0.55 %$262.5 0.23 %2,270,682 Kansas City, MO-KS31
Ravines EdgeMOB16,751 0.37 %$— — %2,242,028 Columbus, OH32
Hope Valley Recovery - CirclevilleBSF7,787 0.17 %$91.3 0.08 %2,242,028 Columbus, OH32
Sedalia Medical CenterMOB19,426 0.43 %$310.5 0.27 %2,242,028 Columbus, OH32
Assurance Health, LLCAIB10,200 0.23 %$403.9 0.35 %2,205,695 Indianapolis-Carmel-Greenwood, IN33
Assurance Health System - 900AIB13,722 0.30 %$538.0 0.46 %2,205,695 Indianapolis-Carmel-Greenwood, IN33
Kindred Hospital Indianapolis NorthLTACH38,123 0.84 %$1,652.4 1.42 %2,205,695 Indianapolis-Carmel-Greenwood, IN33
Brook Park Medical BuildingMOB18,444 0.41 %$99.7 0.09 %2,165,775 Cleveland, OH35
Smith RoadMOB16,802 0.37 %$334.7 0.29 %2,165,775 Cleveland, OH35
Assurance - HudsonAIB13,290 0.29 %$601.7 0.52 %2,165,775 Cleveland, OH35
Rockside Medical CenterMOB55,413 1.23 %$760.8 0.66 %2,165,775 Cleveland, OH35
Westlake Medical OfficeMOB14,100 0.31 %$244.2 0.21 %2,165,775 Cleveland, OH35
Virginia Orthopaedic & Spine SpecialistsPC8,445 0.19 %$162.5 0.14 %1,797,213 Virginia Beach-Chesapeake-Norfolk, VA-NC37
LTAC Hospital of SE MassachusettsLTACH70,657 1.57 %$659.4 0.57 %1,708,161 Providence-Warwick, RI-MA39
Warwick Oncology CenterSC10,236 0.23 %$325.3 0.28 %1,708,161 Providence-Warwick, RI-MA39
South County HospitalPC13,268 0.29 %$330.4 0.28 %1,708,161 Providence-Warwick, RI-MA39
Mercy Rehabilitation HospitalIRF39,637 0.88 %$2,109.9 1.82 %1,512,813 Oklahoma City, OK42
Memphis CenterMOB11,669 0.26 %$246.5 0.21 %1,341,412 Memphis, TN-MS-AR45
Sanderling Dialysis Center - 7710SC10,133 0.22 %$599.8 0.52 %1,341,412 Memphis, TN-MS-AR45
Gardendale MOBMOB12,956 0.29 %$333.0 0.29 %1,197,766 Birmingham, AL48
Third Quarter 2026 Supplemental Information
18
chctlogoa.jpg
Property NameProperty TypeArea% of Square Feet Annualized
Rent ($000's)		% of Annualized
 Rent		PopulationMSA/MISARank
Sanford West Behavioral FacilityBSF96,886 2.15 %$1,457.9 1.26 %1,183,645 Grand Rapids-Wyoming-Kentwood, MI49
GlastonburyMOB48,375 1.07 %$963.3 0.83 %1,171,426 Hartford-West Hartford-East Hartford, CT50
Sterling Medical CenterMOB28,478 0.63 %$530.3 0.46 %1,155,653 Buffalo-Cheektowaga, NY51
Los Alamos Professional PlazaMOB43,395 0.96 %$434.3 0.37 %921,549 McAllen-Edinburg-Mission, TX64
UMass Memorial Health Cancer CenterSC20,046 0.44 %$876.1 0.76 %888,502 Worcester, MA68
Worcester BehavioralAIB81,972 1.82 %$2,813.8 2.43 %888,502 Worcester, MA68
El Paso Rehabilitation HospitalIRF38,000 0.84 %$2,236.2 1.93 %881,291 El Paso, TX70
Columbia Gastroenterology Surgery CenterPC17,016 0.38 %$352.7 0.30 %879,918 Columbia, SC71
Genesis Care - Bonita SpringsSC4,445 0.10 %$304.6 0.26 %875,607 Cape Coral-Fort Myers, FL72
Cape Coral Suite 3SC12,130 0.27 %$477.8 0.41 %875,607 Cape Coral-Fort Myers, FL72
Cape Coral Suite 3AMOB2,023 0.04 %$41.4 0.04 %875,607 Cape Coral-Fort Myers, FL72
Cape Coral Suite 5 & 6MOB6,379 0.14 %$107.4 0.09 %875,607 Cape Coral-Fort Myers, FL72
Corporate Office 3660MOB22,104 0.49 %$658.3 0.57 %875,607 Cape Coral-Fort Myers, FL72
Corporate Annex BuildingMOB16,000 0.35 %$329.0 0.28 %875,607 Cape Coral-Fort Myers, FL72
Wildwood Hammock RPET FacilitySC10,832 0.24 %$455.2 0.39 %875,607 Cape Coral-Fort Myers, FL72
Wildwood Hammock - Diagnostic ImagingSC9,376 0.21 %$430.4 0.37 %875,607 Cape Coral-Fort Myers, FL72
Wildwood Hammock - NorthlandMOB1,201 0.03 %$15.0 0.01 %875,607 Cape Coral-Fort Myers, FL72
Eye Health of America 4101MOB43,322 0.96 %$1,036.2 0.89 %875,607 Cape Coral-Fort Myers, FL72
Eye Health of America 2665MOB3,200 0.07 %$36.6 0.03 %875,607 Cape Coral-Fort Myers, FL72
Eye Health of America 1320MOB6,757 0.15 %$63.6 0.05 %875,607 Cape Coral-Fort Myers, FL72
Everest Physical Rehabilitation HospitalIRF37,151 0.82 %$2,654.5 2.29 %874,790 Lakeland-Winter Haven, FL73
Parkway Professional PlazaMOB41,909 0.93 %$1,022.4 0.88 %874,790 Lakeland-Winter Haven, FL73
Davita Turner RoadSC18,125 0.40 %$373.3 0.32 %826,554 Dayton-Kettering-Beavercreek, OH76
Davita Springboro PikeSC10,510 0.23 %$193.1 0.17 %826,554 Dayton-Kettering-Beavercreek, OH76
Davita Business Center CourtSC12,988 0.29 %$242.4 0.21 %826,554 Dayton-Kettering-Beavercreek, OH76
Mercy One Physicians ClinicPC17,318 0.38 %$414.3 0.36 %758,539 Des Moines-West Des Moines, IA82
Daytona Medical OfficeMOB20,193 0.45 %$382.3 0.33 %746,933 Deltona-Daytona Beach-Ormond Beach, FL83
Debary Professional PlazaMOB21,361 0.47 %$349.9 0.30 %746,933 Deltona-Daytona Beach-Ormond Beach, FL83
UW Health Clinic- PortagePC14,000 0.31 %$342.3 0.30 %709,685 Madison, WI86
Novus ClinicSCH14,315 0.32 %$319.1 0.28 %701,780 Akron, Oh87
Third Quarter 2026 Supplemental Information
19
chctlogoa.jpg
Property NameProperty TypeArea% of Square Feet Annualized
Rent ($000's)		% of Annualized
 Rent		PopulationMSA/MISARank
Aurora Health CenterPC15,650 0.35 %$344.3 0.30 %701,780 Akron, Oh87
Bassin Center For Plastic Surgery-MelbournePC5,228 0.12 %$330.6 0.29 %663,982 Palm Bay-Melbourne-Titusville, FL89
Cypress Medical CenterMOB41,272 0.91 %$535.6 0.46 %663,809 Wichita, KS90
Family Medicine EastPC16,581 0.37 %$— — %663,809 Wichita, KS90
Wichita Medical ClinicPC18,681 0.41 %$— — %663,809 Wichita, KS90
Mercy Rehabilitation Hospital - Northwest ArkansasIRF38,817 0.86 %$2,330.5 2.01 %622,177 Fayetteville-Springdale-Rogers, AR94
Pennsylvania GastroenterologyPC20,400 0.45 %$605.0 0.52 %617,427 Harrisburg-Carlisle, PA95
Penn State Health - Camp HillSC8,400 0.19 %$— — %617,427 Harrisburg-Carlisle, PA95
Penn State Health - HarrisburgSC10,000 0.22 %$203.9 0.18 %617,427 Harrisburg-Carlisle, PA95
Perrysburg Medical Arts BuildingMOB26,585 0.59 %$514.3 0.44 %599,376 Toledo, OH98
Sunforest Ct Medical CenterMOB23,368 0.52 %$339.3 0.29 %599,376 Toledo, OH98
Assurance - ToledoAIB13,290 0.29 %$565.4 0.49 %599,376 Toledo, OH98
Granite CircleMOB17,164 0.38 %$245.7 0.21 %599,376 Toledo, OH98
Cardiology Associates of Greater WaterburyPC16,793 0.37 %$348.5 0.30 %578,741 New Haven, CT100
Riverview Medical CenterMOB26,427 0.59 %$804.6 0.69 %574,418 Scranton--Wilkes-Barre, PA103
NEI - 200MOB22,743 0.50 %$432.1 0.37 %574,418 Scranton--Wilkes-Barre, PA103
NEI - 204MOB15,768 0.35 %$243.5 0.21 %574,418 Scranton--Wilkes-Barre, PA103
Treasure Coast Medical PavilionMOB54,426 1.21 %$966.8 0.83 %568,721 Port St. Lucie, FL104
Grandview PlazaMOB20,042 0.44 %$322.7 0.28 %563,159 Lancaster, PA105
Pinnacle HealthPC10,753 0.24 %$252.7 0.22 %563,159 Lancaster, PA105
Manteca Medical Group BuildingMOB10,519 0.23 %$331.6 0.29 %557,719 Modesto, CA106
Gulf Coast Cancer Centers-BrewtonSC3,971 0.09 %$— — %556,444 Huntsville, AL107
Martin Foot & Ankle ClinicPC27,100 0.60 %$440.4 0.38 %473,197 York-Hanover, PA116
Lafayette BehavioralAIB31,650 0.70 %$1,630.9 1.41 %423,758 Lafayette, LA132
Biltmore Medical OfficeSC11,099 0.25 %$229.2 0.20 %422,345 Asheville, NC134
Genesis Care - WeavervilleSC10,696 0.24 %$480.0 0.41 %422,345 Asheville, NC134
Belden Medical Arts BuildingMOB47,366 1.05 %$506.7 0.44 %400,246 Canton-Massillon, OH140
Hills & Dales Professional CenterMOB27,881 0.62 %$371.0 0.32 %400,246 Canton-Massillon, OH140
Prattville Town Center Medical Office BldgMOB13,319 0.30 %$278.4 0.24 %388,747 Montgomery, AL145
Bluewater Orthopedics CenterMOB10,255 0.23 %$226.6 0.20 %315,098 Crestview-Fort Walton Beach-Destin, FL168
Wellmont Bristol Urgent CareSC4,548 0.10 %$79.6 0.07 %314,834 Kingsport-Bristol, TN-VA169
Third Quarter 2026 Supplemental Information
20
chctlogoa.jpg
Property NameProperty TypeArea% of Square Feet Annualized
Rent ($000's)		% of Annualized
 Rent		PopulationMSA/MISARank
Norton Medical ClinicSC4,843 0.11 %$60.3 0.05 %314,834 Kingsport-Bristol, TN-VA169
Norton Medical PlazaMOB29,400 0.65 %$370.1 0.32 %314,834 Kingsport-Bristol, TN-VA169
Steeles Road Medical BuildingPC10,804 0.24 %$167.6 0.14 %314,834 Kingsport-Bristol, TN-VA169
Londonderry CentreMOB21,451 0.48 %$472.3 0.41 %308,807 Waco, TX171
Longview Rehabilitation HospitalIRF38,817 0.86 %$2,384.4 2.06 %297,315 Longview, TX173
Gulf Coast Cancer Centers-FoleySC6,146 0.14 %$178.2 0.15 %267,761 Daphne-Fairhope-Foley, AL189
Gulf Shores BuildingSC6,398 0.14 %$63.3 0.05 %267,761 Daphne-Fairhope-Foley, AL189
Monroe Surgical HospitalSCH58,121 1.29 %$2,535.5 2.19 %222,390 Monroe, LA217
Ft. Valley Dialysis CenterSC4,920 0.11 %$88.8 0.08 %208,091 Warner Robins, GA228
Meridian Behavioral Health SystemsAIB132,430 2.93 %$3,328.8 2.87 %200,170 Charleston, WV233
Tuscola Professional BuildingMOB25,500 0.57 %$622.4 0.54 %187,688 Saginaw, MI241
KedplasmaSC12,870 0.29 %$272.1 0.23 %186,177 Burlington, NC243
Redding Oncology CenterSC12,206 0.27 %$585.9 0.51 %181,648 Redding, CA249
Decatur Morgan Hospital Medical Office BuildingMOB35,933 0.80 %$202.8 0.17 %160,326 Decatur, AL272
Bourbonnais Medical CenterMOB55,063 1.22 %$628.8 0.54 %105,525 Kankakee, IL351
Parkside Family & Davita ClinicsMOB15,637 0.35 %$222.2 0.19 %99,864 Victoria, TX363
Hopebridge - ColumbusBSF13,969 0.31 %$179.6 0.15 %85,729 Columbus, IN375
Cub Lake SquareMOB48,528 1.08 %$1,021.6 0.88 %109,946 Show Low, AZn/a
UPMC Specialty CareMOB25,982 0.58 %$453.4 0.39 %107,860 Hermitage, PAn/a
Emory Healthcare - 303MOB61,301 1.36 %$952.6 0.82 %107,097 LaGrange, GA-ALn/a
Emory Southern Orthopedics - 1805MOB31,473 0.70 %$733.5 0.63 %107,097 LaGrange, GA-ALn/a
Emory Southern Orthopedics - 1801MOB2,972 0.07 %$62.7 0.05 %107,097 LaGrange, GA-ALn/a
Emory Healthcare - 1610MOB5,600 0.12 %$87.0 0.08 %107,097 LaGrange, GA-ALn/a
Davita Etowah Dialysis CenterSC4,720 0.10 %$71.6 0.06 %71,590 Athens, TNn/a
Marion Medical PlazaMOB27,246 0.60 %$392.0 0.34 %65,115 Marion, OHn/a
Pahrump Medical PlazaMOB12,545 0.28 %$490.6 0.42 %57,336 Pahrump, NVn/a
Corsicana Medical PlazaMOB17,746 0.39 %$378.1 0.33 %57,181 Corsicana, TXn/a
Arkansas Valley Surgery CenterMOB10,717 0.24 %$241.5 0.21 %50,039 Cañon City, COn/a
Baylor Scott & White ClinicPC37,354 0.83 %$505.8 0.44 %38,288 Brenham, TXn/a
Fremont Medical Office Building & Surgery CtrMOB13,050 0.29 %$349.7 0.30 %38,057 Fremont, NEn/a
Eyecare Partners - 408PC8,421 0.19 %$134.3 0.12 %36,382 Centralia, ILn/a
Third Quarter 2026 Supplemental Information
21
chctlogoa.jpg
Property NameProperty TypeArea% of Square Feet Annualized
Rent ($000's)		% of Annualized
 Rent		PopulationMSA/MISARank
Ottumwa Medical Clinic - 1005MOB68,895 1.53 %$749.6 0.65 %35,210 Ottumwa, IAn/a
Ottumwa Medical Clinic - 1007MOB6,850 0.15 %$98.2 0.08 %35,210 Ottumwa, IAn/a
Fresenius Gallipolis Dialysis CenterSC15,110 0.33 %$160.2 0.14 %29,072 Gallipolis, OHn/a
Sanderling Dialysis Center - 780SC4,186 0.09 %$320.4 0.28 %26,410 Crescent City, CAn/a
Princeton Cancer CenterSC7,236 0.16 %$210.6 0.18 % County: 57,454 Rural - No CBSAn/a
Andalusia Medical PlazaSC10,373 0.23 %$301.4 0.26 % County: 37,750 Rural - No CBSAn/a
North Mississippi Health Services - 1107MOB17,629 0.39 %$102.0 0.09 % County: 33,928 Rural - No CBSAn/a
North Mississippi Health Services - 1111MOB27,743 0.61 %$160.5 0.14 % County: 33,928 Rural - No CBSAn/a
North Mississippi Health Services - 1127MOB18,074 0.40 %$104.6 0.09 % County: 33,928 Rural - No CBSAn/a
North Mississippi Health Services - 404MOB9,890 0.22 %$57.2 0.05 % County: 33,928 Rural - No CBSAn/a
North Mississippi Health Services - 305MOB3,378 0.07 %$19.5 0.02 % County: 33,928 Rural - No CBSAn/a
Tri Lakes BehavioralBSF58,400 1.29 %$— — % County: 32,965 Rural - No CBSAn/a
Russellville Medical PlazaMOB29,129 0.65 %$173.1 0.15 % County: 31,870 Rural - No CBSAn/a
Wellmont Lebanon Urgent CareSC8,369 0.19 %$112.1 0.10 % County: 25,635 Rural - No CBSAn/a
Lexington Carilion ClinicPC15,820 0.35 %$399.8 0.34 % County: 22,573 Rural - No CBSAn/a
Sanderling Dialysis Center - 102SC5,217 0.12 %$295.6 0.25 % County: 13,464 Rural - No CBSAn/a
Third Quarter 2026 Supplemental Information
22
chctlogoa.jpg

Reporting Definitions
Acute Inpatient Behavioral Facilities (AIB): Behavioral inpatient acute care facilities are healthcare facilities that provide a range of clinical services for mental health and/or substance abuse diagnoses on an inpatient basis. Behavioral health services provided may include assessment, treatment, individual medical evaluation and management (including medication management), individual and group therapy, behavioral health counseling, family therapy and psychological testing for recipients of all ages.

Annualized Rent: Stabilized base rent for leases in place at the end of the period multiplied by 12.

Behavioral Specialty Facilities (BSF): Behavioral specialty facilities are healthcare facilities that provide a range of clinical services for mental health and/or substance abuse diagnoses. Behavioral health services provided may include assessment, treatment, individual medical evaluation and management (including medication management), individual and group therapy, behavioral health counseling, family therapy and psychological testing for recipients of all ages.

EBITDAre and Adjusted EBITDAre: The Company uses the National Association of Real Estate Investment Trusts, Inc. ("NAREIT") definition of EBITDAre which is net income plus interest expense, income tax expense, and depreciation and amortization, plus losses or minus gains on the disposition of depreciable property, including losses/gains on change of control, plus impairment write-downs of depreciable property and of investments in unconsolidated affiliates caused by a decrease in value of depreciable property in the affiliate, plus or minus adjustments to reflect the entity's share of EBITDAre of unconsolidated affiliates and consolidated affiliates with non-controlling interest. The Company also presents Adjusted EBITDAre which is EBITDAre before non-cash stock-based compensation amortization, and Adjusted EBITDAre Annualized which is Adjusted EBITDAre multiplied by four.

We consider EBITDAre and Adjusted EBITDAre important measures because they provide additional information to allow management, investors, and our current and potential creditors to evaluate and compare our core operating results and our ability to service debt.

Funds Available for Distribution (FAD)
We calculate FAD by deducting leasing commissions, as well as tenant improvements and recurring capital expenditures that are not part of our redevelopment projects from AFFO, Adjusted for other non-cash items. The Company believes FAD is useful in analyzing the amount of cash available for distribution to stockholders and as an indicator of the sustainability of the Company's dividends.

Funds from Operations (FFO), Adjusted Funds from Operations (AFFO) and AFFO, Adjusted for other non-cash items: Historical cost accounting for real estate assets implicitly assumes that the value of real estate assets diminishes predictably over time. However, since real estate values have historically risen or fallen with market conditions, many industry investors deem presentations of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. For that reason, the Company considers funds from operations ("FFO") and adjusted funds from operations ("AFFO"), including AFFO, Adjusted for other non-cash items, to be appropriate measures of operating performance of an equity real estate investment trust ("REIT"). In particular, the Company believes that AFFO is useful because it allows investors, analysts and Company management to compare the Company's operating performance to the operating performance of other real estate companies and between periods on a consistent basis without having to account for differences caused by unanticipated items and other events.
Third Quarter 2026 Supplemental Information
23
chctlogoa.jpg

Reporting Definitions (continued)
The Company uses the NAREIT definition of FFO. FFO is an operating performance measure adopted by NAREIT. NAREIT defines FFO as the most commonly accepted and reported measure of a REIT’s operating performance equal to net income (calculated in accordance with GAAP), excluding gains or losses from the sale of certain real estate assets, gains and losses from change in control, impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity, plus depreciation and amortization related to real estate properties, and after adjustments for unconsolidated partnerships and joint ventures. NAREIT also provides REITs with an option to exclude gains, losses and impairments of assets that are incidental to the main business of the REIT from the calculation of FFO. The Company has included AFFO which it has defined as FFO, excluding certain expenses related to closing costs of properties acquired accounted for as business combinations and mortgages funded, excluding straight-line rent and the amortization of stock-based compensation, and including or excluding other non-cash items from time to time. The Company has also included AFFO, Adjusted for other non-cash items, which adjusts AFFO for certain non-cash items, including non-real estate depreciation and amortization, amortization of above(below) market lease intangibles and amortization of debt issuance costs. AFFO and AFFO, Adjusted for other non-cash items that are presented herein may not be comparable to similar measures presented by other real estate companies due to the fact that not all real estate companies use the same definitions.

FFO, AFFO, and AFFO, Adjusted for other non-cash items should not be considered as alternatives to net income (determined in accordance with GAAP) as indicators of the Company's financial performance or as alternatives to cash flow from operating activities (determined in accordance with GAAP) as measures of the Company’s liquidity, nor are they necessarily indicative of sufficient cash flow to fund all of the Company’s needs. The Company believes that in order to facilitate a clear understanding of the consolidated historical operating results of the Company, FFO, AFFO, and AFFO, Adjusted for other non-cash items should be examined in conjunction with net income as presented elsewhere herein.

Inpatient Rehabilitation Facilities (IRF): Inpatient rehabilitation facilities are free standing rehabilitation hospitals, or may be units within an acute care hospital, that provide intensive rehabilitation programs to patients.

Long-Term Acute Care Hospitals (LTACH): Long-term acute care hospitals provide inpatient services for patients with complex medical conditions who require more sensitive care, monitoring or emergency support than that available in most skilled nursing facilities.

Medical Office Building (MOB): Medical office buildings are buildings occupied by healthcare providers and may be located near hospitals or other facilities where healthcare services are rendered or in close proximity to a population base. Medical office buildings can be leased to physicians, physician practice groups, hospitals, healthcare systems or other healthcare providers.

Metropolitan Statistical Area (MSA or MISA): MSAs or MISAs are geographical regions with relatively higher population densities at their core and have close economic ties throughout their area. MSAs and MISAs are defined by the Office of Management and Budget.








Third Quarter 2026 Supplemental Information
24
chctlogoa.jpg

Reporting Definitions (continued)
Net Operating Income (NOI): NOI is a non-GAAP financial measure that is defined as net income or loss, computed in accordance with GAAP, generated from our total portfolio of properties and other investments before general and administrative expenses, depreciation and amortization expense, gains or loss on the sale of real estate properties or other investments, interest expense, and income tax expense. We believe that NOI provides an accurate measure of operating performance of our operating assets because NOI excludes certain items that are not associated with management of the properties. CHCT's use of the term NOI may not be comparable to that of other real estate companies as they may have different methodologies for computing NOI. The Company also presents Annualized NOI which is NOI multiplied by four.

Physician Clinics (PC): Physician clinics are freestanding healthcare facilities that are primarily devoted to the care of ambulatory patients, can be privately operated or publicly managed and funded, and typically provide primary healthcare needs of populations in local communities utilizing physicians and other healthcare providers.

Specialty Centers (SC): Specialty centers include various types of centers which may, among others, include oncology centers, dialysis centers, urgent care centers, and blood plasma centers.

Surgical Centers and Hospitals (SCH): Surgical centers and hospitals may include outpatient surgery centers where surgical procedures not requiring an overnight hospital stay are performed; as well as specialty hospitals that focus on providing care for certain conditions and performing certain procedures, such as cardiovascular and orthopedic surgery.

Total Capitalization: Debt plus stockholders' equity plus accumulated depreciation.




Third Quarter 2026 Supplemental Information
25
chctlogoa.jpg

Disclaimers

Forward-Looking Statements
Certain statements made in this supplemental information package constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (set forth in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)). In particular, statements pertaining to our capital resources, portfolio performance and results of operations contain forward-looking statements. Likewise, our statements regarding anticipated market conditions are forward-looking statements. You can identify forward-looking statements by the use of forward-looking terminology such as "believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” "outlook," "continue," "projects," “estimates” or “anticipates” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans, expectations, or intentions. 
 
Forward-looking statements reflect the views of our management regarding current expectations and projections about future events and are based on currently available information. These forward-looking statements are not guarantees of future performance and involve numerous risks and uncertainties and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data, or methods which may be incorrect or imprecise and we may not be able to realize them. 
 
While forward-looking statements reflect our good faith beliefs, they are not guarantees of future performance. We disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes after the date of this supplemental information package, except as required by applicable law. You should not place undue reliance on any forward-looking statements that are based on information currently available to us or the third parties making the forward-looking statements. For a discussion of factors that could impact our future results, performance or transactions, see Part I, Item 1A (Risk Factors) of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and the Company’s other filings with the Securities and Exchange Commission from time to time.  
 

Non-GAAP Financial Measures 
This presentation includes EBITDAre, Adjusted EBITDAre, Adjusted EBITDAre Annualized, Net Operating Income (or NOI), Annualized NOI, Funds From Operations (or FFO), Adjusted Funds From Operations (or AFFO), and AFFO, Adjusted for other non-cash items, and Funds Available for Distribution (or FAD) which are non-GAAP financial measures. For purposes of the Securities and Exchange Commission’s (“SEC”) Regulation G, a non-GAAP financial measure is a numerical measure of a company’s historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable financial measure calculated and presented in accordance with GAAP in the statements of operations, balance sheets or statements of cash flows (or equivalent statements) of the company, or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable financial measure so calculated and presented. As used in this presentation, GAAP refers to generally accepted accounting principles in the United States of America. Our use of the non-GAAP financial measure terms herein may not be comparable to that of other real estate investment trusts. Pursuant to the requirements of Regulation G, we have provided reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures. 

Third Quarter 2026 Supplemental Information
26

supplemental_backcovera.jpg

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Press Releases

Other Documents

Keep reading

More on CHCT

All CHCT news

Trending in the feed

CNSY
Cerenome Secures National In-Network Agreement with Aetna for CNSide® Open the live feed