XML 96 R75.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Notes Receivable - Investment in Notes Receivable (Details) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 USD ($) loan item property | Dec. 31, 2023 USD ($) item | Dec. 31, 2022 USD ($) item
Notes Receivable |  |  |
Gross Investment | $ 47,717 |  |
Number of Loans | property | 8 |  |
Number of units | item | 480 |  |
Repayment from operator | $ 13,434 | $ 14,687 | $ 6,843
Working capital loans | Working capital loan 0.0% interest rate, 2028 maturity | SNF |  |  |
Notes Receivable |  |  |
Gross Investment | $ 1,429 |  |
Number of Loans | loan | 1 |  |
Interest rate (as a percent) | 0.00% |  |
Working capital loans | Working capital loan 6.5% interest rate, 2030 maturity | SNF |  |  |
Notes Receivable |  |  |
Gross Investment | $ 138 |  |
Number of Loans | loan | 2 |  |
Interest rate (as a percent) | 6.50% |  |
Working capital loans | Working capital loan 7.1% interest rate, 2030 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment | $ 1,457 |  |
Number of Loans | loan | 2 |  |
Interest rate (as a percent) | 7.40% |  |
Working capital loans | Working capital loan 7% interest rate, 2031 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment | $ 2,693 |  |
Number of Loans | loan | 1 |  |
Interest rate (as a percent) | 0.00% |  |
Mezzanine loan |  |  |
Notes Receivable |  |  |
Number of units | item |  | 136 | 621
Loan Term |  |  | 5 years
IRR on mortgage loan on real estate property |  |  | 11.00%
Interest rate (as a percent) |  |  | 8.00%
Mezzanine loan | Georgia |  |  |
Notes Receivable |  |  |
Number of units | item |  | 130 |
Loan Term |  | 5 years |
IRR on mortgage loan on real estate property |  | 12.00% |
Number of additional units under construction | item |  | 89 |
Interest rate (as a percent) |  | 8.75% |
Mezzanine loan | Mezzanine loan loan 8% interest rate, 2027 maturity | ALF |  |  |
Notes Receivable |  |  |
Internal Rate of Return | 11.00% |  |
Gross Investment | $ 25,000 |  |
Number of Loans | loan | 1 |  |
Interest rate (as a percent) | 8.00% |  |
Mezzanine loan | Mezzanine loan loan 8.8% interest rate, 2028 maturity | ALF |  |  |
Notes Receivable |  |  |
Internal Rate of Return | 12.00% |  |
Gross Investment | $ 17,000 |  |
Number of Loans | loan | 1 |  |
Interest rate (as a percent) | 8.80% |  |

X
- Definition Represents the percentage of internal rate of return. + References No definition available. + Details
Name: | ltc_InternalRateOfReturn
Namespace Prefix: | ltc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents internal rate of return on mortgage loan on real estate property. + References No definition available. + Details
Name: | ltc_MortgageLoanOnRealEstateInternalRateOfReturn
Namespace Prefix: | ltc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the amortization period of mortgage loan on real estate properties. + References No definition available. + Details
Name: | ltc_MortgageLoansOnRealEstateAmortizationPeriod
Namespace Prefix: | ltc_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of additional units of real estate properties to be constructed. + References No definition available. + Details
Name: | ltc_NumberOfAdditionalUnitsOfRealEstatePropertiesToBeConstructed
Namespace Prefix: | ltc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow associated with principal collections and prepayments from a borrowing supported by a written promise to pay an obligation. + References No definition available. + Details
Name: | ltc_ProceedsFromCollectionAndPrepaymentOfNotesReceivable
Namespace Prefix: | ltc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Interest rate of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 29 -Paragraph Column B -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 948 -SubTopic 310 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column B)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479628/948-310-S99-1 + Details
Name: | srt_MortgageLoansOnRealEstateInterestRate
Namespace Prefix: | srt_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of mortgage loans within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 29 -Paragraph Column G -Footnote 3 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 29 -Paragraph Column A -Footnote 3 -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 948 -SubTopic 310 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column G)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479628/948-310-S99-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 948 -SubTopic 310 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column A)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479628/948-310-S99-1 + Details
Name: | srt_MortgageLoansOnRealEstateNumberOfLoans
Namespace Prefix: | srt_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 40 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481628/310-20-40-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481990/310-10-45-2 + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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/1943274/2147478777/944-210-S99-1 Reference 2: 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)(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
Name: | us-gaap_RealEstateInvestmentPropertyAtCost
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ltc_WorkingCapitalLoansReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ltc_WorkingCapitalLoanWithZeroPointZeroPercentInterestRateMaturity2028Member
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: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ltc_WorkingCapitalLoanWith6.5PercentInterestRateMaturity2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ltc_WorkingCapitalLoanWith7.10PercentInterestRateMaturity2030Member
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: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ltc_WorkingCapitalLoanWith7PercentInterestRateMaturity2031Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ltc_MezzanineLoansReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ltc_MezzanineLoansWith8PercentInterestRateMaturity2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ltc_WorkingCapitalLoanWithEightPointEightPercentInterestRateMaturity2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |