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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Investments:    
Land $ 126,028 $ 125,358
Buildings and improvements 1,320,895 1,290,352
Accumulated depreciation and amortization (332,364) (312,959)
Operating real estate property, net 1,114,559 1,102,751
Properties held-for-sale, net of accumulated depreciation: 2019-$1,916; 2018-$1,916 3,830 3,830
Real property investments, net 1,118,389 1,106,581
Mortgage loans receivable, net of loan loss reserve: 2019-$2,539; 2018-$2,447 252,016 242,939
Real estate investments, net 1,370,405 1,349,520
Notes receivable, net of loan loss reserve: 2019-$204; 2018-$128 20,157 12,715
Investments in unconsolidated joint ventures 27,521 30,615
Investments, net 1,418,083 1,392,850
Other assets:    
Cash and cash equivalents 3,207 2,656
Restricted cash 2,108 2,108
Debt issue costs related to bank borrowings 2,597 2,989
Interest receivable 23,640 20,732
Straight-line rent receivable, net of allowance for doubtful accounts: 2019-$0; 2018-$746 43,730 73,857
Lease incentives 2,652 14,443
Prepaid expenses and other assets 3,463 3,985
Total assets 1,499,480 1,513,620
LIABILITIES    
Bank borrowings 146,900 112,000
Senior unsecured notes, net of debt issue costs: 2019-$862; 2018-$938 528,938 533,029
Accrued interest 5,290 4,180
Accrued expenses and other liabilities 30,742 31,440
Total liabilities 711,870 680,649
Stockholders' equity:    
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2019-39,747; 2018-39,657 397 397
Capital in excess of par value 863,993 862,712
Cumulative net income 1,253,748 1,255,764
Cumulative distributions (1,338,967) (1,293,383)
Total LTC Properties, Inc. stockholders' equity 779,171 825,490
Non-controlling interests 8,439 7,481
Total equity 787,610 832,971
Total liabilities and equity $ 1,499,480 $ 1,513,620