XML 20 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Investment in Unconsolidated Joint Ventures (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Investment in Unconsolidated Joint Ventures  
Initial preferred capital contribution in joint venture provided at closing. $ 20,143,000ltc_InitialPreferredCapitalContributionInJointVentureProvidedAtClosing
Income from unconsolidated joint venture 116,000ltc_IncomeLossFromUnconsolidatedJointVenture
Joint Venture [Member]  
Investment in Unconsolidated Joint Ventures  
Number of properties owned by joint venture 4ltc_NumberOfPropertiesOwnedByJointVenture
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= ltc_JointVentureMember
Initial preferred capital contribution in joint venture provided at closing. 20,143,000ltc_InitialPreferredCapitalContributionInJointVentureProvidedAtClosing
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= ltc_JointVentureMember
Additional preferred capital contributions in joint venture commited 5,507,000ltc_AdditionalPreferredCapitalContributionsInJointVentureCommited
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= ltc_JointVentureMember
Total preferred capital contributions in joint venture 25,650,000ltc_TotalPreferredCapitalContributionsInJointVenture
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= ltc_JointVentureMember
Preferred return percentage 15.00%ltc_JointVenturePreferredReturnPercentage
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= ltc_JointVentureMember
Percentage of common membership interest in the joint venture that may be purchased by the Company 100.00%ltc_OptionToPurchasePercentageOfCommonMembershipInterestInJointVenture
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= ltc_JointVentureMember
Period of payment of the preferred equity investment balance if the common equity member elects to call the preferred interest 36 months
Income from unconsolidated joint venture $ 116,000ltc_IncomeLossFromUnconsolidatedJointVenture
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= ltc_JointVentureMember