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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Rental income $ 135,405 $ 137,657 $ 133,527
Interest income from mortgage loans 28,200 26,769 27,321
Interest and other income 5,040 3,639 735
Total revenues 168,645 168,065 161,583
Expenses:      
Interest expense 30,196 29,949 26,442
Depreciation and amortization 37,555 37,610 35,932
Impairment charges   1,880 766
Provision (recovery) for doubtful accounts 87 (206) 457
Transaction costs 84 56 179
General and administrative expenses 19,193 17,513 17,412
Total expenses 87,115 86,802 81,188
Other operating income:      
Gain on sale of real estate, net 70,682 3,814 3,582
Operating income 152,212 85,077 83,977
Income from unconsolidated joint ventures 2,864 2,263 1,138
Net income 155,076 87,340 85,115
Income allocated to non-controlling interests (95)    
Net income attributable to LTC Properties, Inc. 154,981 87,340 85,115
Income allocated to participating securities (625) (362) (385)
Net income available to common stockholders $ 154,356 $ 86,978 $ 84,730
Earnings per common share:      
Basic (in dollars per share) $ 3.91 $ 2.21 $ 2.21
Diluted (in dollars per share) $ 3.89 $ 2.20 $ 2.21
Weighted average shares used to calculate earnings per common share:      
Basic (in shares) 39,477 39,409 38,388
Diluted (in shares) 39,839 39,637 38,597
Comprehensive Income:      
Net income $ 155,076 $ 87,340 $ 85,115
Reclassification adjustment     (47)
Comprehensive income $ 155,076 $ 87,340 $ 85,068