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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
Rental income $ 26,678us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 25,252us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Interest income from mortgage loans 4,607us-gaap_InterestAndFeeIncomeLoansCommercial 4,093us-gaap_InterestAndFeeIncomeLoansCommercial
Interest and other income 195us-gaap_InterestAndOtherIncome 93us-gaap_InterestAndOtherIncome
Total revenues 31,480us-gaap_Revenues 29,438us-gaap_Revenues
Expenses:    
Interest expense 3,766us-gaap_InterestExpense 3,187us-gaap_InterestExpense
Depreciation and amortization 6,779us-gaap_DepreciationAndAmortization 6,298us-gaap_DepreciationAndAmortization
General and administrative expenses 3,499us-gaap_GeneralAndAdministrativeExpense 2,949us-gaap_GeneralAndAdministrativeExpense
Total expenses 14,044us-gaap_CostsAndExpenses 12,434us-gaap_CostsAndExpenses
Operating income 17,436us-gaap_OperatingIncomeLoss 17,004us-gaap_OperatingIncomeLoss
Income from unconsolidated joint venture 116ltc_IncomeLossFromUnconsolidatedJointVenture  
Net income 17,552us-gaap_NetIncomeLoss 17,004us-gaap_NetIncomeLoss
Income allocated to participating securities (123)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (103)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
Income allocated to preferred stockholders (818)us-gaap_PreferredStockDividendsAndOtherAdjustments (818)us-gaap_PreferredStockDividendsAndOtherAdjustments
Net income available to common stockholders $ 16,611us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 16,083us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic earnings per common share    
Net income available to common stockholders $ 0.47us-gaap_EarningsPerShareBasic $ 0.47us-gaap_EarningsPerShareBasic
Diluted earnings per common share    
Net income available to common stockholders $ 0.47us-gaap_EarningsPerShareDiluted $ 0.46us-gaap_EarningsPerShareDiluted
Weighted average shares used to calculate earnings per common share    
Basic (in shares) 35,277us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 34,586us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 37,292us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 36,611us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends declared and paid per common share (in dollars per share) $ 0.510ltc_CommonStockDividendsPerShareDeclaredAndPaid $ 0.510ltc_CommonStockDividendsPerShareDeclaredAndPaid