XML 52 R39.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Real Estate Investments - Purchase options (Details) $ in Thousands | 3 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Mar. 31, 2024 USD ($) property item | Dec. 31, 2022 item | Dec. 31, 2023 USD ($) item property
Real estate investments |  |  |
Number of Properties | property | 127 |  |
Gross Investment | $ 1,342,921 |  |
Net Book Value | 956,366 |  | $ 987,965
Purchase Option in Lease Arrangements |  |  |
Real estate investments |  |  |
Gross Investment | 481,586 |  |
Net Book Value | $ 411,066 |  |
ALF |  |  |
Real estate investments |  |  |
Number of Properties | property | 76 |  |
Gross Investment | $ 733,901 |  |
ALF | Purchase Option in Lease Arrangements | Colorado/Kansas/Ohio/Texas | Brookdale Senior Living |  |  |
Real estate investments |  |  |
Number of Properties | property |  |  | 17
Number of units | item |  |  | 738
Lease term |  |  | 6 years
ALF | Purchase Option in Lease Arrangements | North Carolina |  |  |
Real estate investments |  |  |
Number of Properties | property | 5 |  | 5
Gross Investment | $ 14,404 |  |
Net Book Value | $ 6,844 |  |
Number of units | item |  |  | 210
ALF | Purchase Option in Lease Arrangements | Oklahoma |  |  |
Real estate investments |  |  |
Number of ALF transferred to existing operator | property |  |  | 5
Number of units | item |  |  | 184
Lease term, extension period |  |  | 4 years
MC | Purchase Option in Lease Arrangements | Ohio |  |  |
Real estate investments |  |  |
Number of Properties | property | 1 |  |
Gross Investment | $ 16,161 |  |
Net Book Value | $ 13,378 |  |
ALF & MC |  |  |
Real estate investments |  |  |
Lease term | 10 years |  |
Maximum percentage of purchase option to buy properties | 50.00% |  |
Percentage of cash return | 9.00% |  |
ALF & MC | Purchase Option in Lease Arrangements | California |  |  |
Real estate investments |  |  |
Number of Properties | property | 2 |  |
Gross Investment | $ 38,895 |  |
Net Book Value | $ 32,542 |  |
ALF & MC | Purchase Option in Lease Arrangements | Colorado/Kansas/Ohio/Texas |  |  |
Real estate investments |  |  |
Number of Properties | property | 17 |  |
Gross Investment | $ 58,723 |  |
Net Book Value | $ 26,089 |  |
ALF & MC | Purchase Option in Lease Arrangements | Georgia/South Carolina |  |  |
Real estate investments |  |  |
Number of Properties | property | 2 |  |
Gross Investment | $ 31,433 |  |
Net Book Value | $ 24,682 |  |
ALF & MC | Purchase Option in Lease Arrangements | North Carolina |  |  |
Real estate investments |  |  |
Number of Properties | property | 11 |  |
Gross Investment | $ 121,321 |  |
Net Book Value | $ 121,321 |  |
Number of units | item | 523 |  |
Lease term | 10 years |  |
Number of assisted living and memory care communities | item | 11 |  |
Maximum percentage of purchase option to buy properties | 50.00% |  |
Percentage of cash return | 9.00% |  |
ALF & MC | Purchase Option in Lease Arrangements | Oklahoma |  |  |
Real estate investments |  |  |
Number of Properties | property | 5 |  |
Gross Investment | $ 11,221 |  |
Net Book Value | $ 4,332 |  |
SNF |  |  |
Real estate investments |  |  |
Number of Properties | property | 50 |  |
Gross Investment | $ 597,015 |  |
Lease term | 10 years |  |
SNF | Purchase Option in Lease Arrangements | Florida |  |  |
Real estate investments |  |  |
Number of Properties | property | 3 |  |
Gross Investment | $ 76,669 |  |
Net Book Value | $ 76,669 |  |
SNF | Purchase Option in Lease Arrangements | Tennessee |  |  |
Real estate investments |  |  |
Number of Properties | property | 2 |  |
Gross Investment | $ 5,275 |  |
Net Book Value | $ 2,227 |  |
SNF | Purchase Option in Lease Arrangements | Texas |  |  |
Real estate investments |  |  |
Number of Properties | property | 4 |  |
Gross Investment | $ 52,726 |  |
Net Book Value | $ 50,036 |  |
Number of properties acquired | item |  | 4 |
Lease term |  | 10 years |
ILF/ALF/MC | Purchase Option in Lease Arrangements | Ohio |  |  |
Real estate investments |  |  |
Number of Properties | property | 1 |  |
Gross Investment | $ 54,758 |  |
Net Book Value | $ 52,946 |  |

X
- Definition Represents the number of properties acquired in a business acquisition. + References No definition available. + Details
Name: | ltc_BusinessAcquisitionNumberOfPropertiesAcquired
Namespace Prefix: | ltc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the cash return percentage on the investment in the joint venture. + References No definition available. + Details
Name: | ltc_JointVentureCashReturn
Namespace Prefix: | ltc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Duration of extension periods on leases. + References No definition available. + Details
Name: | ltc_LessorOperatingLeaseExtensionPeriods
Namespace Prefix: | ltc_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum percentage of purchase option to buy properties. + References No definition available. + Details
Name: | ltc_MaximumPercentageOfPurchaseOptionToBuyProperties
Namespace Prefix: | ltc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of assisted living and memory care communities. + References No definition available. + Details
Name: | ltc_NumberOfAssistedLivingAndMemoryCareCommunities
Namespace Prefix: | ltc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of assisted living communities transitioned to existing operator. + References No definition available. + Details
Name: | ltc_NumberOfAssistedLivingCommunitiesTransitionedToExistingOperator
Namespace Prefix: | ltc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Term of lessor's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-3 + Details
Name: | us-gaap_LessorOperatingLeaseTermOfContract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of real estate properties owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfRealEstateProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of units in a real estate property owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfUnitsInRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
Name: | us-gaap_RealEstateInvestmentPropertyAtCost
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
Name: | us-gaap_RealEstateInvestmentPropertyNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- 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
Name: | us-gaap_RealEstatePropertiesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=ltc_PurchaseOptionInLeaseArrangementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_AssistedLivingPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=ltc_ColoradoKansasOhioAndTexasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MajorCustomersAxis=ltc_BrookdaleMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_NC
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_OK
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_MemoryCarePropertyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_OH
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_AssistedLivingAndMemoryCarePropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_CA
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=ltc_GeorgiaAndSouthCarolinaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_SkilledNursingPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_FL
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_TN
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_TX
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=ltc_IndependentAssistedLivingAndMemoryCareMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |