XML 26 R57.htm IDEA: XBRL DOCUMENT v2.4.1.9
Subsequent Events (Details) (USD $)
1 Months Ended 3 Months Ended 12 Months Ended 1 Months Ended 9 Months Ended
Jan. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
item
Dec. 31, 2013
Dec. 31, 2012
item
Feb. 28, 2015
Mar. 31, 2015
Sep. 30, 2013
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment   $ 29,951,000ltc_InvestmentCommitments               $ 29,951,000ltc_InvestmentCommitments          
Loan commitment 4,288,000ltc_LoanCommitments 3,788,000ltc_LoanCommitments               3,788,000ltc_LoanCommitments          
Purchase Price                       166,750,000us-gaap_BusinessCombinationConsiderationTransferred1      
Number of beds/units acquired                       788ltc_BusinessAcquisitionNumberOfUnitsInBusinessAcquired      
Commitments funded 731,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod                            
Remaining Commitment 15,791,000ltc_InvestmentCommitmentsRemainingAmount 16,522,000ltc_InvestmentCommitmentsRemainingAmount               16,522,000ltc_InvestmentCommitmentsRemainingAmount          
Principal Advanced 500,000ltc_LoanCommitmentsPrincipalAdvanced                 1,263,000ltc_LoanCommitmentsPrincipalAdvanced 1,004,000ltc_LoanCommitmentsPrincipalAdvanced 2,930,000ltc_LoanCommitmentsPrincipalAdvanced      
Number of beds/units                   4,093ltc_OwnedPropertiesNumberOfUnitsOrBeds          
Debt Obligations                              
Amount outstanding under Unsecured Credit Agreement           21,000,000us-gaap_LineOfCredit         21,000,000us-gaap_LineOfCredit        
Equity                              
Dividends per share declared (in dollars per share)   $ 0.510us-gaap_CommonStockDividendsPerShareDeclared $ 0.510us-gaap_CommonStockDividendsPerShareDeclared $ 0.510us-gaap_CommonStockDividendsPerShareDeclared $ 0.510us-gaap_CommonStockDividendsPerShareDeclared $ 0.510us-gaap_CommonStockDividendsPerShareDeclared $ 0.465us-gaap_CommonStockDividendsPerShareDeclared $ 0.465us-gaap_CommonStockDividendsPerShareDeclared $ 0.465us-gaap_CommonStockDividendsPerShareDeclared            
Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Purchase Price                       79,100,000us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
13,946,000us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
   
Number of beds/units acquired                       522ltc_BusinessAcquisitionNumberOfUnitsInBusinessAcquired
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
     
Lease inducement fee                         1,054,000ltc_LeaseInducementFee
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
   
Real Estate Development Commitments [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number or properties under investment commitments                       1ltc_NumberOfPropertiesUnderInvestmentCommitments
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
     
Real Estate Development Commitments [Member] | Maximum [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment                       49,702,000ltc_InvestmentCommitments
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
     
Real Estate Development Commitments [Member] | Maximum [Member] | Memory Care Property [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment           30,256,000ltc_InvestmentCommitments
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
        30,256,000ltc_InvestmentCommitments
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
       
Working Capital Loan Commitment Maturing February 2019 [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Loan commitment 500,000ltc_LoanCommitments
/ ltc_CapitalImprovementAndLoanCommitmentsByExpirationDateAxis
= ltc_WorkingCapitalLoanCommitmentMaturingFebruary2019Member
                           
Note receivable interest rate (as a percent) 6.50%ltc_NotesReceivableInterestRateStatedPercentage
/ ltc_CapitalImprovementAndLoanCommitmentsByExpirationDateAxis
= ltc_WorkingCapitalLoanCommitmentMaturingFebruary2019Member
                           
Restricted Stock [Member]                              
Equity                              
Number of shares cancelled (in shares) 640us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
                           
Granted (in shares)                   95,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
34,400us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
       
Line of Credit [Member]                              
Debt Obligations                              
Amount borrowed 18,000,000us-gaap_ProceedsFromLinesOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
                37,500,000us-gaap_ProceedsFromLinesOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
         
Amount outstanding under Unsecured Credit Agreement 18,000,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
              0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
         
Amount available for borrowing under Unsecured Credit Agreement 382,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
400,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
              400,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
         
Real Estate Investment [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment   29,951,000ltc_InvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
              29,951,000ltc_InvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
         
Remaining Commitment   16,522,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
              16,522,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
         
Number or properties under investment commitments   28ltc_NumberOfPropertiesUnderInvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
              28ltc_NumberOfPropertiesUnderInvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
         
Real Estate Investment [Member] | Memory Care Property [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of beds/units under development                   126ltc_NumberOfBedsOrUnitsUnderDevelopment
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
         
Real Estate Investment [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment   2,200,000ltc_InvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
              2,200,000ltc_InvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
         
Remaining Commitment   39,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
              39,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
         
Number or properties under investment commitments   2ltc_NumberOfPropertiesUnderInvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
              2ltc_NumberOfPropertiesUnderInvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
         
Mortgage Loans on Real Estate [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Amount received related to payoff of loan, excluding accrued interest                   6,996,000ltc_MortgageLoansOnRealEstateLoanPrepaymentsOrPayOffsExcludingAccruedInterest
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
  19,061,000ltc_MortgageLoansOnRealEstateLoanPrepaymentsOrPayOffsExcludingAccruedInterest
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
     
Mortgage Loans on Real Estate [Member] | Range of Care Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Amount received related to payoff of loan, excluding accrued interest 2,285,000ltc_MortgageLoansOnRealEstateLoanPrepaymentsOrPayOffsExcludingAccruedInterest
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_RangeOfCarePropertiesMember
                           
Mortgage and Construction Loans on Real Estate [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Loan commitment   10,600,000ltc_LoanCommitments
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
      10,600,000ltc_LoanCommitments
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
      10,600,000ltc_LoanCommitments
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
10,600,000ltc_LoanCommitments
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
10,600,000ltc_LoanCommitments
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
     
Commitments funded                   3,010,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
4,971,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
2,619,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
     
Mortgage and Construction Loans on Real Estate [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of beds or units securing loan                   106ltc_NumberOfBedsOrUnitsSecuringMortgageLoan
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
         
Subsequent Event [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Principal Advanced 500,000ltc_LoanCommitmentsPrincipalAdvanced
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
                           
Completed development and improvement projects                              
Funding                   4,711,000ltc_InvestmentCommitmentsAmountFundedDuringPeriodForCompletedConstruction
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Major Operators                              
Number of properties re-leased to other operators   20ltc_PropertySubjectToOrAvailableForOperatingLeaseReLeasedToOtherOperatorsNumberOfUnits
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              20ltc_PropertySubjectToOrAvailableForOperatingLeaseReLeasedToOtherOperatorsNumberOfUnits
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of operators in which properties were re-leased                   2ltc_NumberOrOperatorsInWhichPropertiesWereReLeased
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Purchase Price                   13,946,000us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of beds/units acquired                   106ltc_BusinessAcquisitionNumberOfUnitsInBusinessAcquired
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Working Capital Loan Commitment Maturing February 2019 [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Loan commitment 500,000ltc_LoanCommitments
/ ltc_CapitalImprovementAndLoanCommitmentsByExpirationDateAxis
= ltc_WorkingCapitalLoanCommitmentMaturingFebruary2019Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
                           
Note receivable interest rate (as a percent) 6.50%ltc_NotesReceivableInterestRateStatedPercentage
/ ltc_CapitalImprovementAndLoanCommitmentsByExpirationDateAxis
= ltc_WorkingCapitalLoanCommitmentMaturingFebruary2019Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
                           
Subsequent Event [Member] | Restricted Stock [Member]                              
Equity                              
Number of shares cancelled (in shares)                   640us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Granted (in shares)                   65,750us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Price per share                   $ 44.45ltc_ShareBasedCompensationArrangementByShareBasedPaymentAwardPricePerShareAtGrantDate
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Vesting period                   3 years          
Subsequent Event [Member] | Dividend Declared [Member]                              
Equity                              
Dividends per share declared (in dollars per share) $ 0.17us-gaap_CommonStockDividendsPerShareDeclared
/ us-gaap_DividendsAxis
= us-gaap_DividendDeclaredMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
                      $ 0.17us-gaap_CommonStockDividendsPerShareDeclared
/ us-gaap_DividendsAxis
= us-gaap_DividendDeclaredMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
$ 0.17us-gaap_CommonStockDividendsPerShareDeclared
/ us-gaap_DividendsAxis
= us-gaap_DividendDeclaredMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
 
Subsequent Event [Member] | Line of Credit [Member]                              
Debt Obligations                              
Amount borrowed                   18,000,000us-gaap_ProceedsFromLinesOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Amount outstanding under Unsecured Credit Agreement   18,000,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              18,000,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Amount available for borrowing under Unsecured Credit Agreement   382,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              382,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Real Estate Investment [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Commitments funded                   731,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Remaining Commitment   15,791,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              15,791,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Real Estate Investment [Member] | Real Estate Development Commitments [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment   28,715,000ltc_InvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              28,715,000ltc_InvestmentCommitments
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Real Estate Investment [Member] | Real Estate Development Commitments [Member] | Memory Care Property [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of beds/units under development                   56ltc_NumberOfBedsOrUnitsUnderDevelopment
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Commitments funded                   7,195,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Real Estate Investment [Member] | Real Estate Development Commitments [Member] | Assisted Living and Memory Care Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of beds/units under development                   89ltc_NumberOfBedsOrUnitsUnderDevelopment
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_AssistedLivingAndMemoryCarePropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Commitments funded                   2,490,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_AssistedLivingAndMemoryCarePropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Real Estate Investment [Member] | Real Estate Development Commitments [Member] | Maximum [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Lease inducement fee                   3,952,000ltc_LeaseInducementFee
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Mortgage Loans on Real Estate [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Percentage of outstanding mortgage loan balance that may be prepaid without penalty                   50.00%ltc_PercentageOfOutstandingMortgageLoanThatMayBePrepaidWithoutPenalty
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of Parcels of Land                   2ltc_NumberOfParcelsOfLand
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Mortgage Loans on Real Estate [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of properties securing loan to be redeveloped                   2ltc_NumberOfRealEstatePropertiesSecuringLoanToBeRedeveloped
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Mortgage Loans on Real Estate [Member] | Range of Care Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of properties securing loan   1ltc_NumberOfRealEstatePropertiesSecuringMortgageLoan
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_RangeOfCarePropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              1ltc_NumberOfRealEstatePropertiesSecuringMortgageLoan
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_RangeOfCarePropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Amount received related to payoff of loan, excluding accrued interest                   2,285,000ltc_MortgageLoansOnRealEstateLoanPrepaymentsOrPayOffsExcludingAccruedInterest
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_RangeOfCarePropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Mortgage and Construction Loans on Real Estate [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Loan commitment under which the purchase option was exercised   10,600,000ltc_LoanCommitmentUnderWhichPurchaseOptionWasExercised
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              10,600,000ltc_LoanCommitmentUnderWhichPurchaseOptionWasExercised
/ us-gaap_InvestmentTypeAxis
= ltc_MortgageAndConstructionLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Capital Improvement Loan Investment [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Loan commitment   12,000,000ltc_LoanCommitments
/ us-gaap_InvestmentTypeAxis
= ltc_CapitalImprovementLoanInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              12,000,000ltc_LoanCommitments
/ us-gaap_InvestmentTypeAxis
= ltc_CapitalImprovementLoanInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Commitments funded                   770,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ us-gaap_InvestmentTypeAxis
= ltc_CapitalImprovementLoanInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Remaining Commitment   7,893,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= ltc_CapitalImprovementLoanInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              7,893,000ltc_InvestmentCommitmentsRemainingAmount
/ us-gaap_InvestmentTypeAxis
= ltc_CapitalImprovementLoanInvestmentMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Texas | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of beds/units acquired                       234ltc_BusinessAcquisitionNumberOfUnitsInBusinessAcquired
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
     
Texas | Real Estate Development Commitments [Member] | Memory Care Property [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment                         12,179,000ltc_InvestmentCommitments
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
   
Commitments funded                         7,195,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
   
Texas | Capital Improvement Commitments [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment 600,000ltc_InvestmentCommitments
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_CapitalImprovementCommitmentsMember
                           
Number or properties under investment commitments 196ltc_NumberOfPropertiesUnderInvestmentCommitments
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_CapitalImprovementCommitmentsMember
                           
Texas | Real Estate Investment [Member] | Real Estate Development Commitments [Member] | Memory Care Property [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of beds/units under development                         56ltc_NumberOfBedsOrUnitsUnderDevelopment
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
   
Texas | Real Estate Investment [Member] | Real Estate Development Commitments [Member] | Maximum [Member] | Memory Care Property [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Lease inducement fee                         1,589,000ltc_LeaseInducementFee
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_InvestmentTypeAxis
= us-gaap_RealEstateInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_MemoryCarePropertyMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ ltc_RealEstateAgreementsAxis
= ltc_RealEstateDevelopmentCommitmentsMember
   
Texas | Subsequent Event [Member] | Capital Improvement Commitments [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Investment Commitment   600,000ltc_InvestmentCommitments
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_CapitalImprovementCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              600,000ltc_InvestmentCommitments
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_CapitalImprovementCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number or properties under investment commitments   196ltc_NumberOfPropertiesUnderInvestmentCommitments
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_CapitalImprovementCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              196ltc_NumberOfPropertiesUnderInvestmentCommitments
/ dei_EntityByLocationAxis
= stpr_TX
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ ltc_RealEstateAgreementsAxis
= ltc_CapitalImprovementCommitmentsMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Michigan | Subsequent Event [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Number of properties securing loan   15ltc_NumberOfRealEstatePropertiesSecuringMortgageLoan
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              15ltc_NumberOfRealEstatePropertiesSecuringMortgageLoan
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of beds or units securing loan                   2,058ltc_NumberOfBedsOrUnitsSecuringMortgageLoan
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Additional loan proceeds available for redevelopment                   20,000,000ltc_AdditionalLoanProceedsAvailableForExpansionAndRenovation
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Michigan | Subsequent Event [Member] | Mortgage Loans on Real Estate [Member] | Skilled Nursing Properties [Member]                              
Real Estate Owned Properties, Real Estate Mortgage Loans and Notes Receivable                              
Loan commitment   11,000,000ltc_LoanCommitments
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
              11,000,000ltc_LoanCommitments
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of beds or units securing loan                   157ltc_NumberOfBedsOrUnitsSecuringMortgageLoan
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Commitments funded                   $ 9,500,000ltc_InvestmentCommitmentsAmountFundedDuringPeriod
/ dei_EntityByLocationAxis
= stpr_MI
/ us-gaap_InvestmentTypeAxis
= us-gaap_MortgageLoansOnRealEstateMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= ltc_SkilledNursingPropertiesMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Common Stock [Member]                              
Equity                              
Dividends per share declared (in dollars per share)           $ 0.17us-gaap_CommonStockDividendsPerShareDeclared
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
      $ 0.17us-gaap_CommonStockDividendsPerShareDeclared
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
        $ 0.155us-gaap_CommonStockDividendsPerShareDeclared
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
Number of shares repurchased 4,609us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
                5,324us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
6,925us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
       
Common Stock [Member] | Subsequent Event [Member]                              
Equity                              
Number of shares repurchased                   4,609us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember