XML 121 R100.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment Information (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2024
USD ($)
Sep. 30, 2024
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2024
USD ($)
segment
Dec. 31, 2023
USD ($)
segment
Dec. 31, 2022
USD ($)
segment
Revenues:                      
Number of reportable segments | segment                 1 1 1
Rental income                 $ 132,278 $ 127,350 $ 128,244
Interest income from financing receivables                 21,663 15,243 1,762
Interest income from mortgage loans                 45,216 47,725 40,600
Interest and other income                 10,690 6,926 4,547
Total revenues $ 52,582 $ 55,783 $ 50,116 $ 51,366 $ 50,195 $ 49,303 $ 48,246 $ 49,500 209,847 197,244 175,153
Expenses:                      
Interest expense                 (40,336) (47,014) (31,437)
Depreciation and amortization                 36,367 37,416 37,496
Impairment loss                 6,953 15,775 3,422
Provision for credit losses                 (741) (5,678) (1,528)
Transaction costs                 (819) (1,144) (828)
Property tax expense                 (12,930) (13,269) (15,486)
General and administrative expenses                 (27,243) (24,286) (23,706)
Total expenses                 125,389 144,582 113,903
Other operating income:                      
Gain on sale of real estate, net                 (7,979) (37,296) (37,830)
Operating income                 92,437 89,958 99,080
Income from unconsolidated joint ventures                 (2,442) (1,504) (1,504)
Net income                 94,879 91,462 100,584
Income allocated to non-controlling interests                 3,839 1,727 560
Net income attributable to LTC Properties, Inc.                 91,040 89,735 100,024
Single reportable segment                      
Revenues:                      
Rental income                 132,278 127,350 128,244
Interest income from financing receivables                 21,663 15,243 1,762
Interest income from mortgage loans                 45,216 47,725 40,600
Interest and other income                 10,690 6,926 4,547
Total revenues                 209,847 197,244 175,153
Expenses:                      
Interest expense                 40,336 47,014 31,437
Depreciation and amortization                 36,367 37,416 37,496
Impairment loss                 6,953 15,775 3,422
Provision for credit losses                 741 5,678 1,528
Transaction costs                 819 1,144 828
Property tax expense                 12,930 13,269 15,486
General and administrative expenses                 27,243 24,286 23,706
Total expenses                 125,389 144,582 113,903
Other operating income:                      
Gain on sale of real estate, net                 7,979 37,296 37,830
Operating income                 (92,437) (89,958) (99,080)
Income from unconsolidated joint ventures                 2,442 1,504 1,504
Net income                 94,879 91,462 100,584
Income allocated to non-controlling interests                 (3,839) (1,727) (560)
Net income attributable to LTC Properties, Inc.                 $ 91,040 $ 89,735 $ 100,024