NHI posts strong Q2 growth

National Health Investors has reported second-quarter normalized adjusted funds from operations of $31.1 million versus $23.9 million in the spring of 2013. Per diluted shares, normalized adjusted FFO was 94 cents, an increase of 9 percent from a year ago. Revenues soared to $44.2 million versus $27.1 million, largely because of acquisitions.

In the last hour of trading Monday, NHI shares (Ticker: NHI) are trading up about 1 percent to $60.37. Year to date, they're up about 8 percent.