CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Revenues:
Rental income	$ 24,645	[1]	$ 21,908	[1]	$ 72,907	[1]	$ 63,182	[1]
Interest income from mortgage loans	1,086		1,398		3,195		4,361
Interest and other income	94	[2]	96	[2]	279	[2]	818	[2]
Total revenues	25,825		23,402		76,381		68,361
Expenses:
Interest expense	2,581		2,988		8,512		7,025
Depreciation and amortization	6,139		5,793		18,152		16,053
General and administrative expenses	2,676		2,370		8,962		7,498
Total expenses	11,396		11,151		35,626		30,576
Income from continuing operations	14,429		12,251		40,755		37,785
Discontinued operations:
Net income from discontinued operations	238		253		805		748
Gain on real estate assets, net	2,619				1,605		16
Net income from discontinued operations	2,857		253		2,410		764
Net income	17,286		12,504		43,165		38,549
Income allocated to non-controlling interests			(9)				(30)
Net income attributable to LTC Properties, Inc.	17,286		12,495		43,165		38,519
Income allocated to participating securities	(95)		(94)		(284)		(279)
Income allocated to preferred stockholders	(818)		(818)		(2,454)		(2,454)
Net income available to common stockholders	$ 16,373		$ 11,583		$ 40,427		$ 35,786
Basic earnings per common share
Continuing operations (in dollars per share)	$ 0.39		$ 0.37		$ 1.17		$ 1.16
Discontinued operations (in dollars per share)	$ 0.08		$ 0.01		$ 0.07		$ 0.03
Net income available to common stockholders (in dollars per share)	$ 0.47		$ 0.38		$ 1.24		$ 1.18
Diluted earnings per common share
Continuing operations (in dollars per share)	$ 0.39		$ 0.37		$ 1.16		$ 1.16
Discontinued operations (in dollars per share)	$ 0.08		$ 0.01		$ 0.07		$ 0.03
Net income available to common stockholders (in dollars per share)	$ 0.47		$ 0.38		$ 1.24		$ 1.18
Dividends declared and paid per common share (in dollars per share)	$ 0.465		$ 0.455		$ 1.395		$ 1.325
Weighted average shares used to calculate earnings per common share
Basic (in shares)	34,553		30,253		32,625		30,219
Diluted (in shares)	36,580		30,293		34,657		30,263

[1] During the three and nine months ended September 30, 2013, we received $1,122 and $3,357, respectively, in rental income and recorded $3 and $19, respectively, in straight-line rental income from a lessee that qualifies as a related party. During the three and nine months ended September 30, 2012, we received $1,095 and $3,275, respectively, in rental income and recorded $31 and $101, 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 nine months ended September 30, 2013, we did not recognize interest income from any related parties. During the three and nine months ended September 30, 2012, we recognized $0 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. See Note 9. Transactions with Related Party for further discussion.