CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013		Dec. 31, 2012
Real estate investments:
Land	$ 75,094		$ 75,094
Buildings and improvements	836,934		822,618
Accumulated depreciation and amortization	(209,581)		(197,407)
Net operating real estate property	702,447		700,305
Properties held-for-sale, net of accumulated depreciation and amortization: 2013 - $804; 2012 - $ 1141	210		1,242
Net real estate property	702,657		701,547
Mortgage loans receivable, net of allowance for doubtful accounts: 2013 - $396; 2012 - $782	39,272		39,299
Real estate investments, net	741,929		740,846
Other assets:
Cash and cash equivalents	63,315		7,191
Debt issue costs, net	2,701		3,040
Interest receivable	741		789
Straight-line rent receivable, net of allowance for doubtful accounts: 2013 - $1,532; 2012 - $1,557	28,839	[1]	26,998	[1]
Prepaid expenses and other assets	6,262		7,548
Notes receivable	1,277		3,180
Total assets	845,064		789,592
LIABILITIES
Bank borrowings			115,500
Senior unsecured notes	185,800		185,800
Bonds payable	2,035		2,635
Accrued interest	3,296		3,279
Earn-out liabilities	6,963		6,744
Accrued expenses and other liabilities	11,712		12,492
Accrued expenses and other liabilities related to properties held-for-sale	33		34
Total liabilities	209,839		326,484
Stockholders' equity:
Preferred stock $0.01 par value; 15,000 shares authorized; shares issued and outstanding: 2013 - 2,000; 2012 - 2,000	38,500		38,500
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2013 - 34,752; 2012 - 30,544	348		305
Capital in excess of par value	687,841		510,236
Cumulative net income	749,912		724,033
Other	134		152
Cumulative distributions	(841,510)		(810,125)
Total LTC Properties, Inc. stockholders' equity	635,225		463,101
Non-controlling interests			7
Total equity	635,225		463,108
Total liabilities and equity	$ 845,064		$ 789,592

[1] On June 30, 2013 and December 31, 2012, we had $3,206 and $3,191 respectively, in straight-line rent receivable from a lessee that qualifies as a related party because the lessee's Chief Executive Officer is on our Board of Directors. See Note 9. Transactions with Related Party for further discussion.