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SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2023

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, 2021
Loan loss reserves		$	2,592		$	881		$	—		$	—		$	3,473
Other notes receivable allowance			146			140			—			—			286
		$	2,738		$	1,021		$	—		$	—		$	3,759
Year ended December 31, 2022
Loan loss reserves		$	3,473		$	457		$	—		$	—		$	3,930
Financing receivables loss reserve			—			768									768
Other notes receivable allowance			286			303			—			—			589
		$	3,759		$	1,528		$	—		$	—		$	5,287
Year ended December 31, 2023
Loan loss reserves		$	3,930		$	884		$	—		$	—		$	4,814
Financing receivables loss reserve			768			1,212			—			—			1,980
Other notes receivable allowance			589			3,582			1			(3,561)			611
		$	5,287		$	5,678		$	1		$	(3,561)		$	7,405

(1)	Represents miscellaneous adjustments.

(2)	Deductions represent uncollectable accounts written off.