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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Investments:    
Land $ 123,239 $ 127,774
Buildings and improvements 1,285,318 1,324,227
Accumulated depreciation and amortization (374,606) (349,643)
Real property investments, net 1,033,951 1,102,358
Mortgage loans receivable, net of loan loss reserve: 2021-$3,473; 2020-$2,592 344,442 257,251
Real estate investments, net 1,378,393 1,359,609
Notes receivable, net of loan loss reserve: 2021-$286; 2020-$146 28,337 14,465
Investments in unconsolidated joint ventures 19,340 11,340
Investments, net 1,426,070 1,385,414
Other assets:    
Cash and cash equivalents 5,161 7,772
Debt issue costs related to bank borrowings 3,057 1,324
Interest receivable 39,522 32,746
Straight-line rent receivable 24,146 24,452
Lease incentives 2,678 2,462
Prepaid expenses and other assets 4,191 5,316
Total assets 1,504,825 1,459,486
LIABILITIES    
Revolving line of credit 110,900 89,900
Term loans, net of debt issue costs: 2021-$637; 2020-$0 99,363  
Senior unsecured notes, net of debt issue costs: 2021-$524; 2020-$658 512,456 559,482
Accrued interest 3,745 4,216
Accrued expenses and other liabilities 33,234 30,082
Total liabilities 759,698 683,680
Stockholders' equity:    
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2021-39,374; 2020-39,242 394 392
Capital in excess of par value 856,895 852,780
Cumulative net income 1,444,636 1,388,775
Accumulated other comprehensive income (172)  
Cumulative distributions (1,565,039) (1,474,545)
Total LTC Properties, Inc. stockholders' equity 736,714 767,402
Non-controlling interests 8,413 8,404
Total equity 745,127 775,806
Total liabilities and equity $ 1,504,825 $ 1,459,486