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LTC PROPERTIES INC (LTC)

LTC PROPERTIES INC (LTC)

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Balance Sheets Overview

Debt to Asset Ratio
38.37%
Unit: Thousand (K) dollars
Assets Breakdown
    • Buildings and improvements
    • Accumulated depreciation and amo...
    • Mortgage loans receivable, net o...
    • Others
Liabilities Breakdown
    • Cumulative distributions
    • Cumulative net income
    • Capital in excess of par value
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Land
139,436
137,170
128,590
121,884
Operating real estate property, net
-
-
-
1,126,692
Buildings and improvements
1,639,229
1,584,390
1,482,075
1,402,825
Properties held-for-sale, net of accumulated depreciation 2026-4,523 2025-0
654
-
-
42,458
Accumulated depreciation and amortization
425,246
420,820
408,906
398,017
Owned real properties, net
1,354,073
1,300,740
1,201,759
1,169,150
Financing receivables, net of credit loss reserve 2026-2,869 2025-3,631
284,047
283,988
359,457
358,579
Mortgage loans receivable, net of credit loss reserve 2026-3,955 2025-3,849
392,137
389,461
381,662
389,657
Real property investments, net
2,030,257
1,974,189
1,942,878
1,917,386
Loans-Mezzanine Loans Receivable
25,000
25,000
25,000
25,000
Loans-Working Capital Receivable Loans
728
816
874
2,010
Notes receivable credit loss reserve
257
258
259
270
Notes receivable, net of credit loss reserve 2026-257 2025-259
25,471
25,558
25,615
26,740
Investments in unconsolidated joint ventures
-
12,558
12,524
18,342
Investments, net
2,055,728
2,012,305
1,981,017
1,962,468
Cash and cash equivalents
40,435
21,667
14,387
17,933
Debt issue costs related to revolving line of credit
6,123
4,424
4,742
5,096
Interest receivable
24,621
23,278
22,720
21,535
Straight-line rent receivable
17,329
17,615
17,949
18,545
Lease incentives
-
-
-
2,717
Prepaid expenses and other assets
32,622
23,085
21,245
16,126
Total assets
2,176,858
2,102,374
2,062,060
2,044,420
Revolving line of credit
200,000
282,963
252,863
548,450
Term loans, net of debt issue costs 2026-1,596 2025-1,787
198,404
198,315
198,213
-
Senior unsecured notes, net of debt issue costs 2026-814 2025-895
378,686
386,145
391,105
396,065
Accrued interest
1,793
3,730
3,806
4,009
Accrued expenses and other liabilities
56,344
48,195
53,689
50,646
Total liabilities
835,227
919,348
899,676
999,170
Common stock 0.01 par value 110,000 shares authorized shares issued and outstanding 2026-53,906 2025-48,482
539
498
485
473
Capital in excess of par value
1,386,159
1,229,304
1,189,846
1,146,560
Cumulative net income
1,896,637
1,867,000
1,843,407
1,741,212
Accumulated other comprehensive income
3,409
1,556
482
1,459
Cumulative distributions
2,018,188
1,988,407
1,959,236
1,931,854
Total ltc properties, inc. stockholders' equity
1,268,556
1,109,951
1,074,984
957,850
Non-controlling interests
73,075
73,075
87,400
87,400
Total equity
1,341,631
1,183,026
1,162,384
1,045,250
Total liabilities and equity
2,176,858
2,102,374
2,062,060
2,044,420
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Buildings andimprovements$1,639,229K (42.78%↑ Y/Y)Land$139,436K (26.90%↑ Y/Y)Properties held-for-sale,net of accumulated...$654K (-98.46%↓ Y/Y)Owned realproperties, net$1,354,073K (49.15%↑ Y/Y)Mortgage loansreceivable, net of credit...$392,137K (11.01%↑ Y/Y)Financing receivables,net of credit loss...$284,047K (-20.62%↓ Y/Y)Loans-Mezzanine LoansReceivable$25,000K (-40.48%↓ Y/Y)Loans-Working CapitalReceivable Loans$728K (-65.90%↓ Y/Y)Accumulated depreciationand amortization$425,246K (8.34%↑ Y/Y)Real propertyinvestments, net$2,030,257K (25.41%↑ Y/Y)Notes receivable, netof credit loss...$25,471K (-41.71%↓ Y/Y)Notes receivablecredit loss reserve$257K (-41.72%↓ Y/Y)Investments, net$2,055,728K (22.33%↑ Y/Y)Cash and cashequivalents$40,435K (431.41%↑ Y/Y)Prepaid expenses andother assets$32,622K (72.08%↑ Y/Y)Interest receivable$24,621K (-61.80%↓ Y/Y)Straight-line rent receivable$17,329K (-14.16%↓ Y/Y)Debt issue costsrelated to revolving...$6,123K (656.86%↑ Y/Y)Total assets$2,176,858K (21.25%↑ Y/Y)Total liabilities andequity$2,176,858K (21.25%↑ Y/Y)Total equity$1,341,631K (28.40%↑ Y/Y)Total liabilities$835,227K (11.30%↑ Y/Y)Total ltc properties,inc. stockholders'...$1,268,556K (32.49%↑ Y/Y)Non-controlling interests$73,075K (-16.39%↓ Y/Y)Senior unsecurednotes, net of debt issue...$378,686K (-11.53%↓ Y/Y)Revolving line of credit$200,000K (18.66%↑ Y/Y)Term loans, net ofdebt issue costs...$198,404K (98.64%↑ Y/Y)Accrued expenses andother liabilities$56,344K (10.24%↑ Y/Y)Accrued interest$1,793K (-37.79%↓ Y/Y)Cumulative distributions$2,018,188K (5.92%↑ Y/Y)Cumulative net income$1,896,637K (7.69%↑ Y/Y)Capital in excess of parvalue$1,386,159K (26.12%↑ Y/Y)Accumulated othercomprehensive income$3,409K (55.80%↑ Y/Y)Common stock 0.01 parvalue 110,000 shares...$539K (16.92%↑ Y/Y)