CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues:
Rental income	$ 38,035	$ 37,624
Interest income from mortgage loans	7,777	7,311
Interest and other income	598	521
Total revenues	46,410	45,456
Expenses:
Interest expense	7,710	7,467
Depreciation and amortization	9,669	9,607
Provision for doubtful accounts	1	83
Transaction costs	70
Property tax expense	4,223	4,386
General and administrative expenses	5,100	4,571
Total expenses	26,773	26,114
Other operating income:
Gain on sale of real estate, net	43,854
Operating income	63,491	19,342
Income from unconsolidated joint ventures	231	1,085
Net income	63,722	20,427
Income allocated to non-controlling interests	(89)	(81)
Net income attributable to LTC Properties, Inc.	63,633	20,346
Income allocated to participating securities	(263)	(92)
Net income available to common stockholders	$ 63,370	$ 20,254
Earnings per common share:
Basic (in dollars per share)	$ 1.60	$ 0.51
Diluted (in dollars per share)	$ 1.60	$ 0.51
Weighted average shares used to calculate earnings per common share:
Basic (in shares)	39,539	39,532
Diluted (in shares)	39,541	39,874
Dividends declared and paid per common share (in dollars per share)	$ 0.57	$ 0.57
Comprehensive Income:
Net income	$ 63,722	$ 20,427
Comprehensive income	$ 63,722	$ 20,427