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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Rental income $ 29,804 $ 20,275 $ 61,777 $ 58,310
Interest income from mortgage loans 7,933 7,820 15,855 15,597
Interest and other income 392 386 777 984
Total revenues 38,129 28,481 78,409 74,891
Expenses:        
Interest expense 6,860 7,546 13,832 15,256
Depreciation and amortization 9,508 9,797 19,385 19,466
(Recovery) provision for credit losses     (9) 1
Transaction costs 133 64 225 134
Property tax expense 3,800 4,111 7,781 8,334
General and administrative expenses 5,337 4,580 10,370 9,680
Total expenses 25,638 26,098 51,584 52,871
Other operating income:        
Gain on sale of real estate, net 5,463 189 4,690 44,043
Operating income 17,954 2,572 31,515 66,063
Loss on unconsolidated joint ventures   (620)   (620)
Income from unconsolidated joint ventures 376   665 231
Net income 18,330 1,952 32,180 65,674
Income allocated to non-controlling interests (91) (82) (179) (171)
Net income attributable to LTC Properties, Inc. 18,239 1,870 32,001 65,503
Income allocated to participating securities (113) (97) (233) (278)
Net income available to common stockholders $ 18,126 $ 1,773 $ 31,768 $ 65,225
Earnings per common share:        
Basic (in dollars per share) $ 0.46 $ 0.05 $ 0.81 $ 1.66
Diluted (in dollars per share) $ 0.46 $ 0.05 $ 0.81 $ 1.66
Weighted average shares used to calculate earnings per common share:        
Basic (in shares) 39,169 39,055 39,135 39,298
Diluted (in shares) 39,170 39,137 39,136 39,380
Dividends declared and paid per common share $ 0.57 $ 0.57 $ 1.14 $ 1.14
Comprehensive Income:        
Net income $ 18,330 $ 1,952 $ 32,180 $ 65,674
Comprehensive income $ 18,330 $ 1,952 $ 32,180 $ 65,674