CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues:
Rental income	$ 29,320	$ 30,010	$ 91,097	$ 88,320
Interest income from mortgage loans	7,924	7,890	23,779	23,487
Interest and other income	228	273	1,005	1,257
Total revenues	37,472	38,173	115,881	113,064
Expenses:
Interest expense	6,610	7,361	20,442	22,617
Depreciation and amortization	9,462	9,766	28,847	29,232
Impairment charges		941		941
Provision (recovery) for credit losses	68	(2)	59	(1)
Transaction costs	4,046	63	4,271	197
Property tax expense	3,932	3,351	11,713	11,685
General and administrative expenses	5,318	4,814	15,688	14,494
Total expenses	29,436	26,294	81,020	79,165
Other operating income:
Gain on sale of real estate, net	2,702	30	7,392	44,073
Operating income	10,738	11,909	42,253	77,972
Gain from property insurance proceeds		373		373
Loss on unconsolidated joint ventures				(620)
Income from unconsolidated joint ventures	376	56	1,041	287
Net income	11,114	12,338	43,294	78,012
Income allocated to non-controlling interests	(92)	(121)	(271)	(292)
Net income attributable to LTC Properties, Inc.	11,022	12,217	43,023	77,720
Income allocated to participating securities	(113)	(103)	(346)	(339)
Net income available to common stockholders	$ 10,909	$ 12,114	$ 42,677	$ 77,381
Earnings per common share:
Basic (in dollars per share)	$ 0.28	$ 0.31	$ 1.09	$ 1.97
Diluted (in dollars per share)	$ 0.28	$ 0.31	$ 1.09	$ 1.97
Weighted average shares used to calculate earnings per common share:
Basic (in shares)	39,177	39,061	39,149	39,218
Diluted (in shares)	39,177	39,112	39,149	39,269
Dividends declared and paid per common share	$ 0.57	$ 0.57	$ 1.71	$ 1.71
Comprehensive Income:
Net income	$ 11,114	$ 12,338	$ 43,294	$ 78,012
Comprehensive income	$ 11,114	$ 12,338	$ 43,294	$ 78,012