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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Rental income $ 98,166 [1] $ 86,022 [1] $ 76,096 [1]
Interest income from mortgage loans 6,298 5,496 6,411
Interest and other income 510 [2] 964 [2] 1,111 [2]
Total revenues 104,974 92,482 83,618
Expenses:      
Interest expense 11,364 9,932 6,434
Depreciation and amortization 24,389 21,613 18,911
Provision (recovery) for doubtful accounts 2,180 (101) (13)
General and administrative expenses 11,636 10,732 9,666
Total expenses 49,569 42,176 34,998
Income from continuing operations 55,405 50,306 48,620
Discontinued operations:      
Income from discontinued operations 805 1,005 823
Gain on sale of assets, net 1,605 16  
Net income (loss) from discontinued operations 2,410 1,021 823
Net income 57,815 51,327 49,443
Income allocated to non-controlling interests   (37) (191)
Net income attributable to LTC Properties, Inc. 57,815 51,290 49,252
Income allocated to participating securities (383) (377) (342)
Income allocated to preferred stockholders (3,273) (3,273) (9,078)
Net income available to common stockholders $ 54,159 $ 47,640 $ 39,832
Basic earnings per common share:      
Continuing operations (in dollars per share) $ 1.56 [3] $ 1.54 [3] $ 1.34 [3]
Discontinued operations (in dollars per share) $ 0.07 [3] $ 0.03 [3] $ 0.03 [3]
Net income available to common stockholders (in dollars per share) $ 1.64 [3] $ 1.58 [3] $ 1.36 [3]
Diluted earnings per common share:      
Continuing operations (in dollars per share) $ 1.56 [3] $ 1.54 [3] $ 1.33 [3]
Discontinued operations (in dollars per share) $ 0.07 [3] $ 0.03 [3] $ 0.02 [3]
Net income available to common stockholders (in dollars per share) $ 1.63 [3] $ 1.57 [3] $ 1.36 [3]
Weighted average shares used to calculate earnings per common share:      
Basic (in shares) 33,111 30,238 29,194
Diluted (in shares) 33,142 30,278 29,222
[1] During 2013, 2012 and 2011, we received $4,479, $4,370, and $4,264, respectively, in rental income and recorded $22, $131 and $238, respectively, in straight-line rental income from a lessee that qualifies as a related party because the lessee's former Chief Executive Officer is on our Board of Directors. See Note 12. Transactions with Related Party for further discussion.
[2] During 2013, we did not recognize any interest income from any related parties. During 2012 and 2011 we recognized $235, and $721, respectively, of interest income from an entity that qualifies as a related party because the entity's former Chief Executive Officer is on our Board of Directors. See Note 12. Transactions with Related Party for further discussion.
[3] NOTE: Computations of per share amounts from continuing operations, discontinued operations and net income are made independently. Therefore, the sum of per share amounts from continuing operations and discontinued operations may not agree with the per share amounts from net income available to common stockholders.