CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Revenues:
Rental income	$ 31,973	$ 38,035
Interest income from mortgage loans	7,922	7,777
Interest and other income	385	598
Total revenues	40,280	46,410
Expenses:
Interest expense	6,972	7,710
Depreciation and amortization	9,877	9,669
(Recovery) provision for doubtful accounts	(9)	1
Transaction costs	92	70
Property tax expense	3,981	4,223
General and administrative expenses	5,033	5,100
Total expenses	25,946	26,773
Other operating income:
(Loss) gain on sale of real estate, net	(773)	43,854
Operating income	13,561	63,491
Income from unconsolidated joint ventures	289	231
Net income	13,850	63,722
Income allocated to non-controlling interests	(88)	(89)
Net income attributable to LTC Properties, Inc.	13,762	63,633
Income allocated to participating securities	(120)	(263)
Net income available to common stockholders	$ 13,642	$ 63,370
Earnings per common share:
Basic (in dollars per share)	$ 0.35	$ 1.60
Diluted (in dollars per share)	$ 0.35	$ 1.60
Weighted average shares used to calculate earnings per common share:
Basic (in shares)	39,100	39,539
Diluted (in shares)	39,179	39,541
Dividends declared and paid per common share	$ 0.57	$ 0.57
Comprehensive Income:
Net income	$ 13,850	$ 63,722
Comprehensive income	$ 13,850	$ 63,722