CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2012		Jun. 30, 2011		Jun. 30, 2012		Jun. 30, 2011
Revenues:
Rental income	$ 21,175	[1]	$ 19,337	[1]	$ 42,047	[1]	$ 37,519	[1]
Interest income from mortgage loans	1,431		1,613		2,963		3,269
Interest and other income	484	[2]	230	[2]	720	[2]	645	[2]
Total revenues	23,090		21,180		45,730		41,433
Expenses:
Interest expense	2,004		1,543		4,037		2,647
Depreciation and amortization	5,369		4,918		10,536		9,350
Acquisition costs	141		35		182		165
Operating and other expenses	2,433		2,323		4,885		4,637
Total expenses	9,947		8,819		19,640		16,799
Income from continuing operations	13,143		12,361		26,090		24,634
Discontinued operations:
Loss from discontinued operations	(30)		(99)		(61)		(218)
Gain on sale of assets, net					16
Net loss from discontinued operations	(30)		(99)		(45)		(218)
Net income	13,113		12,262		26,045		24,416
Income allocated to non-controlling interests	(10)		(48)		(21)		(96)
Net income attributable to LTC Properties, Inc.	13,103		12,214		26,024		24,320
Income allocated to participating securities	(91)		(85)		(185)		(174)
Income allocated to preferred stockholders	(818)		(818)		(1,636)		(7,442)
Net income available to common stockholders	$ 12,194		$ 11,311		$ 24,203		$ 16,704
Basic earnings per common share
Continuing operations (in dollars per share)	$ 0.40	[3]	$ 0.38	[3]	$ 0.80	[3]	$ 0.60	[3]
Discontinued operations (in dollars per share)	$ 0.00	[3]	$ 0.00	[3]	$ 0.00	[3]	$ (0.01)	[3]
Net income available to common stockholders (in dollars per share)	$ 0.40		$ 0.38		$ 0.80		$ 0.59
Diluted earnings per common share
Continuing operations (in dollars per share)	$ 0.40	[3]	$ 0.38	[3]	$ 0.80	[3]	$ 0.60	[3]
Discontinued operations (in dollars per share)	$ 0.00	[3]	$ 0.00	[3]	$ 0.00	[3]	$ (0.01)	[3]
Net income available to common stockholders (in dollars per share)	$ 0.40		$ 0.37		$ 0.80		$ 0.59
Weighted average shares used to calculate earnings per common share
Basic (in shares)	30,213		30,135		30,201		28,233
Diluted (in shares)	30,258		30,168		30,246		28,264

[1] During the three and six months ended June 30, 2012, we received $1,095 and $2,181, respectively, in rental income and recorded $31 and $70, respectively, in straight-line rental income from a lessee that qualifies as a related party. During the three and six months ended June 30, 2011, we received $1,068 and $2,127, respectively, in rental income and recorded $57 and $123, respectively, in straight-line rental income from a lessee that qualifies as a related party. The lessee's Chief Executive Officer is on our Board of Directors. See Note 9. Transactions with Related Party for further discussion.

[2] During the three and six months ended June 30, 2012, we recognized $55 and $235, respectively, of interest income from an entity that qualifies as a related party because the entity's Chief Executive Officer is on our Board of Directors. During three and six months ended June 30, 2011, we recognized $180 and $360, respectively, of interest income from an entity that qualifies as a related party because the entity's Chief Executive Officer is on our Board of Directors. See Note 9. Transactions with Related Party for further discussion.

[3] NOTE: Computations of per share amounts from continuing operations, discontinued operations and net income are made independently. Therefore, the sum of per share amounts from continuing operations and discontinued operations may not agree with the per share amounts from net income available to common stockholders.