XML 72 R53.htm IDEA: XBRL DOCUMENT v3.20.4

Real Estate Investments - Acquisitions (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020 USD ($) item property	Dec. 31, 2019 USD ($) item property	Dec. 31, 2018 USD ($) item property
Real estate investments
Stockholders' Equity Attributable to Noncontrolling Interest	$ 8,404	$ 8,483
Investment Commitment	62,260
Number of beds/units under development | item		204
Properties under Development | Missouri
Real estate investments
Investment Commitment		$ 17,400
SNF Beds | Missouri
Real estate investments
Number of beds/units under development | item		90
SNF | Missouri | Developments
Real estate investments
Number of beds/units under development | item		90
2020 Acquisitions | SNF
Real estate investments
Purchase Price	13,500
Transaction Costs	81
Total Acquisition Costs	$ 13,581
Number of properties acquired | property	1
Number of beds/units acquired | item	140
2019 Acquisitions
Real estate investments
Purchase Price		$ 57,951
Transaction Costs		463
Total Acquisition Costs		$ 58,414
Number of properties acquired | property		4
Number of beds/units acquired | item		320
2019 Acquisitions | Michigan
Real estate investments
Purchase Price		$ 19,000
2019 Acquisitions | SNF
Real estate investments
Purchase Price		19,500
Transaction Costs		97
Total Acquisition Costs		$ 19,597
Number of properties acquired | property		1
Number of beds/units acquired | item		90
2019 Acquisitions | ALF
Real estate investments
Purchase Price		$ 35,719
Transaction Costs		315
Total Acquisition Costs		$ 36,034
Number of properties acquired | property		3
Number of beds/units acquired | item		230
2019 Acquisitions | MC | Michigan
Real estate investments
Number of beds/units acquired | item		80
2019 Acquisitions | Land
Real estate investments
Purchase Price		$ 2,732
Transaction Costs		51
Total Acquisition Costs		$ 2,783
2019 Acquisitions | ALF and MC | Michigan
Real estate investments
Number of beds/units acquired | item		76
2019 Acquisitions | ALF and MC | 74-Unit ALF/MC
Real estate investments
Stockholders' Equity Attributable to Noncontrolling Interest		$ 919
Real Estate Investment Economic Interest in Joint Venture Percentage		95.00%
Investment Commitment		$ 15,976
Number of beds/units under development | item		74
2018 Acquisitions
Real estate investments
Purchase Price			$ 40,295
Transaction Costs			113
Total Acquisition Costs			$ 40,408
Number of properties acquired | property			3
Number of beds/units acquired | item			177
2018 Acquisitions | ALF
Real estate investments
Purchase Price			$ 39,600
Transaction Costs			65
Total Acquisition Costs			$ 39,665
Number of properties acquired | property			3
Number of beds/units acquired | item			177
2018 Acquisitions | ILF | 89-unit ILF
Real estate investments
Purchase Price			$ 14,400
Number of beds/units under development | item			89
2018 Acquisitions | MC | Texas
Real estate investments
Number of properties acquired | property			2
2018 Acquisitions | Land
Real estate investments
Purchase Price			$ 695
Transaction Costs			48
Total Acquisition Costs			743
2018 Acquisitions | ALF and MC | 78-unit ALF/MC | Oregon
Real estate investments
Purchase Price			$ 18,108
Number of beds/units under development | item			78

X

- Definition

Represents the number of properties acquired in a business acquisition.

+ References

No definition available.

+ Details

Name:	ltc_BusinessAcquisitionNumberOfPropertiesAcquired
Namespace Prefix:	ltc_
Data Type:	xbrli:integerItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents the number of beds/units in the acquired business.

+ References

No definition available.

+ Details

Name:	ltc_BusinessAcquisitionNumberOfUnitsInBusinessAcquired
Namespace Prefix:	ltc_
Data Type:	xbrli:integerItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed or capitalized during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

+ References

No definition available.

+ Details

Name:	ltc_BusinessCombinationAcquisitionRelatedCostsExpensedCapitalized
Namespace Prefix:	ltc_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Represents the purchase price and the transaction costs of the real estate investment acquisition.

+ References

No definition available.

+ Details

Name:	ltc_BusinessCombinationPurchasePriceAndTransactionCosts
Namespace Prefix:	ltc_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Represents the amount of investment commitments of the entity.

+ References

No definition available.

+ Details

Name:	ltc_InvestmentCommitments
Namespace Prefix:	ltc_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Represents the number of beds/units under development.

+ References

No definition available.

+ Details

Name:	ltc_NumberOfBedsOrUnitsUnderDevelopment
Namespace Prefix:	ltc_
Data Type:	xbrli:integerItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents the percentage of economic interest in joint venture under real estate investments.

+ References

No definition available.

+ Details

Name:	ltc_RealEstateInvestmentEconomicInterestInJointVenturePercentage
Namespace Prefix:	ltc_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 30
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=116859721&loc=d3e6613-128477

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120321790&loc=d3e6927-128479

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 30
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=116859721&loc=d3e6578-128477

+ Details

Name:	us-gaap_BusinessCombinationConsiderationTransferred1
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).

+ 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(a)(24))
-URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.31)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(22))
-URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Name:	us-gaap_MinorityInterest
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

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_RealEstatePropertiesLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_PropertyPlantAndEquipmentByTypeAxis=ltc_PropertiesUnderDevelopmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_StatementGeographicalAxis=stpr_MO
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PropertyPlantAndEquipmentByTypeAxis=ltc_SkilledNursingFacilityBedsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_SkilledNursingPropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationByPropertyOrProjectAxis=ltc_DevelopmentProjectMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=ltc_Acquisitions2020Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=ltc_Acquisitions2019Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_StatementGeographicalAxis=stpr_MI
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_AssistedLivingPropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_MemoryCarePropertyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=us-gaap_LandMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_AssistedLivingAndMemoryCarePropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PropertyPlantAndEquipmentByTypeAxis=ltc_PropertyWit74CombinedAssistedLivingAndMemoryCareUnitsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=ltc_Acquisitions2018Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_IndependentLivingFacilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PropertyPlantAndEquipmentByTypeAxis=ltc_IndependentLivingCommunitiesPropertyWith89UnitsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_StatementGeographicalAxis=stpr_TX
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PropertyPlantAndEquipmentByTypeAxis=ltc_PropertyWith78CombinedAssistedLivingAndMemoryCareUnitsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_StatementGeographicalAxis=stpr_OR
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: