XML 67 R43.htm IDEA: XBRL DOCUMENT
v3.20.1

Investment in Unconsolidated Joint Ventures - Investment (Details) |  | 3 Months Ended
--- | --- | ---
Apr. 20, 2020 USD ($) property | Jun. 30, 2020 USD ($) | Mar. 31, 2020 USD ($) item | Dec. 31, 2019 USD ($) property | Mar. 31, 2019 USD ($) item
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Carrying Value |  |  | $ 19,061,000 | $ 19,003,000 |
Cash Interest Received |  |  | 231,000 |  | $ 1,105,000
Income Recognized |  |  | $ 231,000 |  | 1,085,000
Liquidation proceeds |  |  |  |  | 3,400,000
Joint Venture |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Number of beds/units | item |  |  | 585 |  |
Carrying Value |  |  | $ 19,061,000 |  |
Joint Venture | Subsequent Event |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Number of properties owned by joint venture | property | 4 |  |  |  |
Liquidation proceeds | $ 17,200,000 |  |  |  |
Additional proceeds |  | $ 1,300,000 |  |  |
Amount of gains (losses) on liquidation |  | $ 600,000 |  |  |
Joint Venture | Not primary beneficiary |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Cash Interest Received |  |  | 231,000 |  | 1,105,000
Capital Contributions |  |  | 58,000 |  | 293,000
Income Recognized |  |  | $ 231,000 |  | 1,085,000
Combination ILF, ALF and MC community | Preferred Equity Investment | Joint Venture | Not primary beneficiary |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Preferred return percentage |  |  | 15.00% |  |
Contractual cash portion |  |  | 8.00% |  |
Number of beds/units | item |  |  | 585 |  |
Carrying Value |  |  | $ 19,061,000 |  |
Cash Interest Received |  |  | 231,000 |  | 552,000
Number of properties owned by joint venture | property |  |  |  | 4 |
Capital Contributions |  |  | 58,000 |  | 293,000
Income Recognized |  |  | $ 231,000 |  | $ 553,000
Impairment loss from investments in unconsolidated joint ventures |  |  |  | $ 5,500,000 |
Combination ALF/IL/MC | Mezzanine Loans | Joint Venture | Not primary beneficiary |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Preferred return percentage |  |  |  |  | 15.00%
Number of beds/units | item |  |  |  |  | 99
Investment commitment |  |  |  |  | $ 2,900,000
Cash Interest Received |  |  |  |  | 121,000
Income Recognized |  |  |  |  | $ 128,000
Combination UDP-ALF/MC | Mezzanine Loans | Joint Venture | Not primary beneficiary |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Preferred return percentage |  |  |  |  | 15.00%
Number of beds/units | item |  |  |  |  | 127
Investment commitment |  |  |  |  | $ 3,400,000
Cash Interest Received |  |  |  |  | 432,000
Income Recognized |  |  |  |  | $ 404,000

X
- Definition The amount of additional proceeds receivable on liquidation of joint venture. + References No definition available. + Details
Name: | ltc_AdditionalProceedsReceivableOnLiquidationOfJointVenture
Namespace Prefix: | ltc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of gains (losses) on liquidation of unconsolidated joint venture. + References No definition available. + Details
Name: | ltc_GainLossOnLiquidationOfUnconsolidatedJointVenture
Namespace Prefix: | ltc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the preferred return percentage contractual cash portion on the investment in the joint venture + References No definition available. + Details
Name: | ltc_JointVenturePreferredReturnPaidInCashPercentage
Namespace Prefix: | ltc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the preferred return percentage on the investment in the joint venture. + References No definition available. + Details
Name: | ltc_JointVenturePreferredReturnPercentage
Namespace Prefix: | ltc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of properties owned by the joint venture intent for the sale. + References No definition available. + Details
Name: | ltc_NumberOfPropertiesOwnedByJointVentureIntendedForSale
Namespace Prefix: | ltc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the total preferred capital contributions in the joint venture. + References No definition available. + Details
Name: | ltc_TotalPreferredCapitalContributionsInJointVenture
Namespace Prefix: | ltc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of distribution received from equity method investee for return on investment, classified as operating activities. Excludes distribution for return of investment, classified as investing activities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(10)) -URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(12)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 21D -URI http://asc.fasb.org/extlink&oid=118932676&loc=SL94080555-108585 + Details
Name: | us-gaap_EquityMethodInvestmentDividendsOrDistributions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 8A -URI http://asc.fasb.org/extlink&oid=118954083&loc=SL6284422-111562 + Details
Name: | us-gaap_ImpairmentOfInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(12)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(10)) -URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(13)(f)) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109237563&loc=d3e33749-111570 + Details
Name: | us-gaap_IncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The number of units in a real estate property owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfUnitsInRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow from the sale of an investment interest in a joint venture that the reporting entity has not previously accounted for using consolidation or the equity method of accounting. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromDivestitureOfInterestInJointVenture
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The carrying amount of investments in unconsolidated real estate and other joint ventures not separately presented. This includes direct and indirect investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(d)) -URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910 + Details
Name: | us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of financial or other support the reporting entity has provided (explicitly or implicitly) to the Variable Interest Entity (VIE) that it was not previously contractually required to provide or that the reporting entity intends to provide, including, for example, situations in which the reporting entity assisted the VIE in obtaining another type of support. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=118582676&loc=SL6759159-111685 + Details
Name: | us-gaap_VariableInterestEntityFinancialOrOtherSupportAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_VariableInterestEntityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=ltc_JointVentureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_AlfMcAndIlfCommunityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=ltc_PreferredEquityInvestmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_CombinationAlfIlMcCommunityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=ltc_MezzanineLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_UdpAlfAndMcCommunityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |