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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Investments:    
Land $ 123,239,000 $ 127,774,000
Buildings and improvements 1,281,066,000 1,324,227,000
Accumulated depreciation and amortization (355,745,000) (349,643,000)
Operating real estate property, net 1,048,560,000 1,102,358,000
Properties held-for-sale, net of accumulated depreciation: 2021-$3,512; 2020-$0 4,512,000  
Real property investments, net 1,053,072,000 1,102,358,000
Mortgage loans receivable, net of loan loss reserve: 2021-$2,590; 2020-$2,592 257,051,000 257,251,000
Real estate investments, net 1,310,123,000 1,359,609,000
Notes receivable, net of loan loss reserve: 2021-$139; 2020-$146 13,730,000 14,465,000
Investments in unconsolidated joint ventures 19,340,000 11,340,000
Investments, net 1,343,193,000 1,385,414,000
Other assets:    
Cash and cash equivalents 5,714,000 7,772,000
Debt issue costs related to bank borrowings 918,000 1,324,000
Interest receivable 35,977,000 32,746,000
Straight-line rent receivable 24,357,000 24,452,000
Lease incentives 2,414,000 2,462,000
Prepaid expenses and other assets 3,899,000 5,316,000
Total assets 1,416,472,000 1,459,486,000
LIABILITIES    
Bank borrowings 65,900,000 89,900,000
Senior unsecured notes, net of debt issue costs: 2021-$581; 2020-$658 552,559,000 559,482,000
Accrued interest 4,093,000 4,216,000
Accrued expenses and other liabilities 31,540,000 30,082,000
Total liabilities 654,092,000 683,680,000
Stockholders' equity:    
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2021-39,374; 2020-39,242 394,000 392,000
Capital in excess of par value 852,959,000 852,780,000
Cumulative net income 1,420,776,000 1,388,775,000
Cumulative distributions (1,520,153,000) (1,474,545,000)
Total LTC Properties, Inc. stockholders' equity 753,976,000 767,402,000
Non-controlling interests 8,404,000 8,404,000
Total equity 762,380,000 775,806,000
Total liabilities and equity $ 1,416,472,000 $ 1,459,486,000