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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Investments:    
Land $ 119,141 $ 121,725
Buildings and improvements 1,216,774 1,235,600
Accumulated depreciation and amortization (390,863) (387,751)
Operating real estate property, net 945,052 969,574
Properties held-for-sale, net of accumulated depreciation: 2024-$1,906; 2023-$3,616 4,248 18,391
Real property investments, net 949,300 987,965
Financing receivables, net of credit loss reserve: 2024-$3,615; 2023-$1,980 357,910 196,032
Mortgage loans receivable, net of credit loss reserve: 2024-$3,927; 2023-$4,814 389,448 477,266
Real estate investments, net 1,696,658 1,661,263
Notes receivable, net of credit loss reserve: 2024-$590; 2023-$611 58,405 60,490
Investments in unconsolidated joint ventures 30,504 19,340
Investments, net 1,785,567 1,741,093
Other assets:    
Cash and cash equivalents 6,174 20,286
Debt issue costs related to revolving line of credit 1,621 1,557
Interest receivable 57,465 53,960
Straight-line rent receivable 18,706 19,626
Lease incentives 3,573 2,607
Prepaid expenses and other assets 17,610 15,969
Total assets 1,890,716 1,855,098
LIABILITIES    
Revolving line of credit 281,750 302,250
Term loans, net of debt issue costs: 2024-$267; 2023-$342 99,733 99,658
Senior unsecured notes, net of debt issue costs: 2024-$1,138; 2023-$1,251 479,522 489,409
Accrued interest 4,997 3,865
Accrued expenses and other liabilities 41,957 43,649
Total liabilities 907,959 938,831
Stockholders' equity:    
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2024-43,491; 2023-43,022 435 430
Capital in excess of par value 1,005,468 991,656
Cumulative net income 1,677,986 1,634,395
Accumulated other comprehensive income 5,965 6,110
Cumulative distributions (1,800,715) (1,751,312)
Total LTC Properties, Inc. stockholders' equity 889,139 881,279
Non-controlling interests 93,618 34,988
Total equity 982,757 916,267
Total liabilities and equity $ 1,890,716 $ 1,855,098