Note 17 - Variable Interest Entity	12 Months Ended
Dec. 31, 2016
Notes to Financial Statements
Variable Interest Entity [Text Block]	Note 1 7 – Variable Interest Entity Accounting guidance requires that a variable interest entity (“VIE”), according to the provisions of ASC Topic 810, Consolidation , must be consolidated by the primary beneficiary. The primary beneficiary is the party that has both the power to direct activities of a VIE that most significantly impact the entity’s economic performance and the obligation to absorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the VIE. We perform ongoing qualitative analysis to determine if we are the primary beneficiary of a VIE. At December 31, 2016, we are the primary beneficiary of one VIE and therefore consolidate that entity. Springfield, Missouri L ease In December 2010, we signed an operating agreement to lease Springfield Rehabilitation and Health Care Center, a 120–bed skilled nursing facility located in Springfield, Missouri. The terms of the lease include a ten year lease and include five additional, five year lease options as well as a purchase option. The operating lease agreement was established on the same date third party owners purchased the real estate of the 120–bed skilled nursing facility. The third party owners purchased the real estate for $4,500,000, which is the amount NHC loaned the owners to purchase the facility under the terms of the lease agreement and the mortgage note. The risks and rewards associated with the operations of the facility and any appreciation or deprecation in the value of the real estate of the facility is borne by NHC. At December 31, 2016 and 2015, the $4,500,000 mortgage note receivable from the third party owners is eliminated in our consolidated financial statements. Land and buildings and improvements of $4,500,000 have been recorded in our consolidated financial statements, as well as the operations of the facility because we are the primary beneficiary in the relationship.

Note

– Variable Interest Entity

Accounting guidance requires that a variable interest entity (“VIE”), according to the provisions of ASC Topic

810,

Consolidation

, must be consolidated by the primary beneficiary. The primary beneficiary is the party that has both the power to direct activities of a VIE that most significantly impact the entity’s economic performance and the obligation to absorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the VIE. We perform ongoing qualitative analysis to determine if we are the primary beneficiary of a VIE. At

December

31,

2016,

we are the primary beneficiary of

one

VIE and therefore consolidate that entity.

Springfield, Missouri

ease

December

2010,

we signed an operating agreement to lease Springfield Rehabilitation and Health Care Center, a

120–bed

skilled nursing facility located in Springfield, Missouri. The terms of the lease include a

ten

year lease and include

five

additional,

five

year lease options as well as a purchase option. The operating lease agreement was established on the same date

third

party owners purchased the real estate of the

120–bed

skilled nursing facility. The

third

party owners purchased the real estate for

$4,500,000,

which is the amount NHC loaned the owners to purchase the facility under the terms of the lease agreement and the mortgage note. The risks and rewards associated with the operations of the facility and any appreciation or deprecation in the value of the real estate of the facility is borne by NHC. At

December

31,

2016

and

2015,

the

$4,500,000

mortgage note receivable from the

third

party owners is eliminated in our consolidated financial statements. Land and buildings and improvements of

$4,500,000

have been recorded in our consolidated financial statements, as well as the operations of the facility because we are the primary beneficiary in the relationship.