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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Investments:    
Land $ 127,774 $ 126,703
Buildings and improvements 1,317,917 1,295,899
Accumulated depreciation and amortization (330,098) (312,642)
Operating real estate property, net 1,115,593 1,109,960
Properties held-for-sale, net of accumulated depreciation: 2020-$0; 2019-$35,113   26,856
Real property investments, net 1,115,593 1,136,816
Mortgage loans receivable, net of loan loss reserve: 2020-$2,580; 2019-$2,560 256,069 254,099
Real estate investments, net 1,371,662 1,390,915
Notes receivable, net of loan loss reserve: 2020-$163; 2019-$181 16,093 17,927
Investments in unconsolidated joint ventures 1,023 19,003
Investments, net 1,388,778 1,427,845
Other assets:    
Cash and cash equivalents 50,370 4,244
Debt issue costs related to bank borrowings 1,766 2,164
Interest receivable 29,701 26,586
Straight-line rent receivable 29,619 45,703
Lease incentives 2,471 2,552
Prepaid expenses and other assets 7,467 5,115
Total assets 1,510,172 1,514,209
LIABILITIES    
Bank borrowings 89,900 93,900
Senior unsecured notes, net of debt issue costs: 2020-$735; 2019-$812 599,565 599,488
Accrued interest 4,587 4,983
Accrued expenses and other liabilities 28,815 30,412
Total liabilities 722,867 728,783
Stockholders' equity:    
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2020-39,243; 2019-39,752 392 398
Capital in excess of par value 849,326 867,346
Cumulative net income 1,358,985 1,293,482
Cumulative distributions (1,429,809) (1,384,283)
Total LTC Properties, Inc. stockholders' equity 778,894 776,943
Non-controlling interests 8,411 8,483
Total equity 787,305 785,426
Total liabilities and equity $ 1,510,172 $ 1,514,209