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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Rental income $ 128,244,000 $ 121,125,000 $ 126,094,000
Interest income from financing receivable 1,762,000    
Interest income from mortgage loans 40,600,000 32,811,000 31,396,000
Interest and other income 4,547,000 1,386,000 1,847,000
Total revenues 175,153,000 155,322,000 159,337,000
Expenses:      
Interest expense 31,437,000 27,375,000 29,705,000
Depreciation and amortization 37,496,000 38,296,000 39,071,000
Impairment loss 3,422,000 0 3,977,000
Provision (recovery) for credit losses 1,528,000 1,021,000 (3,000)
Transaction costs 828,000 4,433,000 299,000
Property tax expense 15,486,000 15,392,000 15,065,000
General and administrative expenses 23,706,000 21,460,000 19,710,000
Total expenses 113,903,000 107,977,000 107,824,000
Other operating income:      
Gain on sale of real estate, net 37,830,000 7,462,000 44,117,000
Operating income 99,080,000 54,807,000 95,630,000
Gain from property insurance proceeds     373,000
Loss on unconsolidated joint ventures     (758,000)
Income from unconsolidated joint ventures 1,504,000 1,417,000 432,000
Net income 100,584,000 56,224,000 95,677,000
Income allocated to non-controlling interests (560,000) (363,000) (384,000)
Net income attributable to LTC Properties, Inc. 100,024,000 55,861,000 95,293,000
Income allocated to participating securities (580,000) (458,000) (422,000)
Net income available to common stockholders $ 99,444,000 $ 55,403,000 $ 94,871,000
Earnings per common share:      
Basic (in dollars per share) $ 2.49 $ 1.41 $ 2.42
Diluted (in dollars per share) $ 2.48 $ 1.41 $ 2.42
Weighted average shares used to calculate earnings per common share:      
Basic (in shares) 39,894 39,156 39,179
Diluted (in shares) 40,067 39,156 39,264