CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Investments:
Land	$ 126,331,000	$ 127,774,000
Buildings and improvements	1,314,707,000	1,324,227,000
Accumulated depreciation and amortization	(354,623,000)	(349,643,000)
Operating real estate property, net	1,086,415,000	1,102,358,000
Properties held-for-sale, net of accumulated depreciation: 2021-$3,512; 2020-$0	4,512,000
Real property investments, net	1,090,927,000	1,102,358,000
Mortgage loans receivable, net of loan loss reserve: 2021-$2,592; 2020-$2,592	257,282,000	257,251,000
Real estate investments, net	1,348,209,000	1,359,609,000
Notes receivable, net of loan loss reserve: 2021-$137; 2020-$146	13,577,000	14,465,000
Investments in unconsolidated joint ventures	19,340,000	11,340,000
Investments, net	1,381,126,000	1,385,414,000
Other assets:
Cash and cash equivalents	8,201,000	7,772,000
Debt issue costs related to bank borrowings	1,104,000	1,324,000
Interest receivable	34,491,000	32,746,000
Straight-line rent receivable	24,377,000	24,452,000
Lease incentives	2,349,000	2,462,000
Prepaid expenses and other assets	3,655,000	5,316,000
Total assets	1,455,303,000	1,459,486,000
LIABILITIES
Bank borrowings	106,900,000	89,900,000
Senior unsecured notes, net of debt issue costs: 2021-$619; 2020-$658	552,521,000	559,482,000
Accrued interest	3,347,000	4,216,000
Accrued expenses and other liabilities	27,764,000	30,082,000
Total liabilities	690,532,000	683,680,000
Stockholders' equity:
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2021-39,362; 2020-39,242	394,000	392,000
Capital in excess of par value	851,150,000	852,780,000
Cumulative net income	1,402,537,000	1,388,775,000
Cumulative distributions	(1,497,714,000)	(1,474,545,000)
Total LTC Properties, Inc. stockholders' equity	756,367,000	767,402,000
Non-controlling interests	8,404,000	8,404,000
Total equity	764,771,000	775,806,000
Total liabilities and equity	$ 1,455,303,000	$ 1,459,486,000