LTC PROPERTIES INC (LTC)
LTC PROPERTIES INC (LTC)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 137,170 | 128,590 | 121,884 | 109,881 |
| Buildings and improvements | 1,584,390 | 1,482,075 | 1,402,825 | 1,148,060 |
| Accumulated depreciation and amortization | 420,820 | 408,906 | 398,017 | 392,516 |
| Operating real estate property, net | NaN | NaN | 1,126,692 | 865,425 |
| Properties held-for-sale, net of accumulated depreciation 2025-29,284 2024-1,346 | NaN | NaN | 42,458 | 42,458 |
| Owned real properties, net | 1,300,740 | 1,201,759 | 1,169,150 | 907,883 |
| Financing receivables, net of credit loss reserve 2026-2,869 2025-3,631 | 283,988 | 359,457 | 358,579 | 357,824 |
| Mortgage loans receivable, net of credit loss reserve 2026-3,928 2025-3,849 | 389,461 | 381,662 | 389,657 | 353,253 |
| Real property investments, net | 1,974,189 | 1,942,878 | 1,917,386 | 1,618,960 |
| Loans-Mezzanine Loans Receivable | 25,000 | 25,000 | 25,000 | NaN |
| Loans-Working Capital Receivable Loans | 816 | 874 | 2,010 | NaN |
| Notes receivable credit loss reserve | 258 | 259 | 270 | NaN |
| Notes receivable, net of credit loss reserve 2026-258 2025-259 | 25,558 | 25,615 | 26,740 | 43,694 |
| Investments in unconsolidated joint ventures | 12,558 | 12,524 | 18,342 | 17,793 |
| Investments, net | 2,012,305 | 1,981,017 | 1,962,468 | 1,680,447 |
| Cash and cash equivalents | 21,667 | 14,387 | 17,933 | 7,609 |
| Debt issue costs related to revolving line of credit | 4,424 | 4,742 | 5,096 | 809 |
| Interest receivable | 23,278 | 22,720 | 21,535 | 64,454 |
| Lease incentives | NaN | NaN | 2,717 | 2,893 |
| Straight-line rent receivable | 17,615 | 17,949 | 18,545 | 20,187 |
| Prepaid expenses and other assets | 23,085 | 21,245 | 16,126 | 18,958 |
| Total assets | 2,102,374 | 2,062,060 | 2,044,420 | 1,795,357 |
| Revolving line of credit | 282,963 | 252,863 | 548,450 | 168,550 |
| Term loans, net of debt issue costs 2026-1,685 2025-1,787 | 198,315 | 198,213 | NaN | 99,883 |
| Senior unsecured notes, net of debt issue costs 2026-855 2025-895 | 386,145 | 391,105 | 396,065 | 428,024 |
| Accrued interest | 3,730 | 3,806 | 4,009 | 2,882 |
| Accrued expenses and other liabilities | 48,195 | 53,689 | 50,646 | 51,111 |
| Total liabilities | 919,348 | 899,676 | 999,170 | 750,450 |
| Common stock 0.01 par value 110,000 shares authorized shares issued and outstanding 2026-49,779 2025-48,482 | 498 | 485 | 473 | 461 |
| Capital in excess of par value | 1,229,304 | 1,189,846 | 1,146,560 | 1,099,049 |
| Cumulative net income | 1,867,000 | 1,843,407 | 1,741,212 | 1,761,207 |
| Accumulated other comprehensive income | 1,556 | 482 | 1,459 | 2,188 |
| Cumulative distributions | 1,988,407 | 1,959,236 | 1,931,854 | 1,905,398 |
| Total ltc properties, inc. stockholders' equity | 1,109,951 | 1,074,984 | 957,850 | 957,507 |
| Non-controlling interests | 73,075 | 87,400 | 87,400 | 87,400 |
| Total equity | 1,183,026 | 1,162,384 | 1,045,250 | 1,044,907 |
| Total liabilities and equity | 2,102,374 | 2,062,060 | 2,044,420 | 1,795,357 |