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SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2024

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

LTC PROPERTIES, INC.

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)


					Additions
					(Recovered)
		Balance at			charged to			Charged to
		beginning of			costs and			other						Balance at end
Account Description		period			expenses			accounts ⁽¹⁾			Deductions ⁽²⁾			of period
Year ended December 31, 2022
Loan loss reserves		$	3,473		$	457		$	—		$	—		$	3,930
Financing receivables loss reserve			—			768			—			—			768
Other notes receivable allowance			286			303			—			—			589
		$	3,759		$	1,528		$	—		$	—		$	5,287
Year ended December 31, 2023
Loan loss reserves		$	3,930		$	884		$	—		$	—		$	4,814
Financing receivables loss reserve			768			1,212			—			—			1,980
Other notes receivable allowance			589			3,582			1			(3,561)			611
		$	5,287		$	5,678		$	1		$	(3,561)		$	7,405
Year ended December 31, 2024
Loan loss reserves		$	4,814		$	(1,663)		$	—		$	—		$	3,151
Financing receivables loss reserve			1,980			1,635			—			—			3,615
Other notes receivable allowance			611			(134)			—			—			477
		$	7,405		$	(162)		$	—		$	—		$	7,243

(1)	Represents miscellaneous adjustments.

(2)	Deductions represent uncollectible accounts written off.