XML 40 R25.htm IDEA: XBRL DOCUMENT

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2022

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

LTC PROPERTIES, INC.

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)


					Additions
					(Recovered)
		Balance at			charged to			Charged to
		beginning of			costs and			other						Balance at end
Account Description		period			expenses			accounts ⁽¹⁾			Deductions ⁽²⁾			of period
Year ended December 31, 2020
Loan loss reserves		$	2,560		$	32		$	—		$	—		$	2,592
Other notes receivable allowance			181			(35)			—			—			146
Straight-line rent receivable allowance			—			—			—			—			—
		$	2,741		$	(3)		$	—		$	—		$	2,738
Year ended December 31, 2021
Loan loss reserves		$	2,592		$	881		$	—		$	—		$	3,473
Other notes receivable allowance			146			140			—			—			286
Straight-line rent receivable allowance			—			—			—			—			—
		$	2,738		$	1,021		$	—		$	—		$	3,759
Year ended December 31, 2022
Loan loss reserves		$	3,473		$	457		$	—		$	—		$	3,930
Financing receivable loss reserve			—			768			—			—			768
Other notes receivable allowance			286			303			—			—			589
		$	3,759		$	1,528		$	—		$	—		$	5,287

(1)	There were no charges to other accounts.

(2)	Deductions represent uncollectable accounts written off.