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v3.22.2

Debt Obligations - Bank Borrowings (Details) | 6 Months Ended
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Jun. 30, 2022 USD ($)
Revolving line of credit |
Debt Obligations |
Unused commitment fee (as a percent) | 0.20%
Financial covenants |
Maximum ratio of total indebtedness to total asset value | 0.6
Maximum ratio of secured debt to total asset value | 0.35
Maximum ratio of unsecured debt to the value of the unencumbered asset pool | 0.6
Minimum ratio of EBITDA to fixed charges | 1.50
Revolving line of credit | LIBOR |
Debt Obligations |
Basis spread over base rate (as a percent) | 1.15%
Credit Agreement |
Debt Obligations |
Maximum available under facility | $ 500,000,000
Contingent increase in maximum borrowing capacity | $ 1,000,000,000
Additional extension period option | 1 year
Revolving Credit Facility |
Debt Obligations |
Maximum available under facility | $ 400,000,000
Term loans |
Debt Obligations |
Maximum available under facility | $ 50,000,000

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- Definition The maximum ratio of total indebtedness to total assets required to be maintained per terms of the debt instrument covenants. + References No definition available. + Details
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Period Type: | instant

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- Definition The minimum ratio of EBITDA to fixed charges required to be maintained per terms of the debt instrument covenants. + References No definition available. + Details
Name: | ltc_DebtInstrumentCovenantRatioEBITDAToFixedChargesMinimum
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Period Type: | instant

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- Definition The maximum ratio of secured debt to total assets required to be maintained per terms of the debt instrument covenants. + References No definition available. + Details
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- Definition The maximum ratio of unsecured debt to the unencumbered asset pool required to be maintained as per terms of the debt instrument covenants. + References No definition available. + Details
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- Definition Length of the additional optional extension period for the date when the debt instrument is scheduled to be fully repaid, which may be presented in a variety of ways (years, months, etc.). + References No definition available. + Details
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Balance Type: | na
Period Type: | duration

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- Definition The aggregate borrowing capacity under the credit facility, consisting of the maximum borrowing capacity plus the contingent increase, if any one or more of the existing banks or new banks agree to provide such increased commitment amount. + References No definition available. + Details
Name: | ltc_LineOfCreditFacilityContingentIncreaseAggregateMaximumBorrowingCapacity
Namespace Prefix: | ltc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
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Period Type: | duration

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- 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
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- References No definition available. + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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Balance Type: | credit
Period Type: | instant

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- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
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- Details
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