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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Rental income $ 31,657 $ 31,537 $ 65,206 $ 63,272
Interest income from financing receivables 3,830 3,830 7,660 7,581
Interest income from mortgage loans 12,661 11,926 25,109 23,170
Interest and other income 1,968 953 3,507 3,723
Total revenues 50,116 48,246 101,482 97,746
Expenses:        
Interest expense 10,903 11,312 21,948 21,921
Depreciation and amortization 9,024 9,376 18,119 18,586
Impairment loss   12,076   12,510
Provision for credit losses 703 187 727 1,918
Transaction costs 380 91 646 208
Property tax expense 3,247 3,187 6,630 6,480
General and administrative expenses 6,760 6,091 13,251 12,385
Total expenses 31,017 42,320 61,321 74,008
Other operating income:        
(Loss) gain on sale of real estate, net (32) 302 3,219 15,675
Operating income 19,067 6,228 43,380 39,413
Income from unconsolidated joint ventures 671 376 1,047 752
Net income 19,738 6,604 44,427 40,165
Income allocated to non-controlling interests (377) (430) (836) (857)
Net income attributable to LTC Properties, Inc. 19,361 6,174 43,591 39,308
Income allocated to participating securities (173) (146) (338) (293)
Net income available to common stockholders $ 19,188 $ 6,028 $ 43,253 $ 39,015
Earnings per common share:        
Basic (in dollars per share) $ 0.44 $ 0.15 $ 1.01 $ 0.95
Diluted (in dollars per share) $ 0.44 $ 0.15 $ 1.00 $ 0.95
Weighted average shares used to calculate earnings per common share:        
Basic (in shares) 43,171 41,145 43,030 41,113
Diluted (in shares) 43,463 41,232 43,322 41,200
Dividends declared and paid per common share (in dollars per share) $ 0.57 $ 0.57 $ 1.14 $ 1.14