CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Investments:
Land	$ 120,203,000	$ 123,239,000
Buildings and improvements	1,240,713,000	1,285,318,000
Accumulated depreciation and amortization	(367,623,000)	(374,606,000)
Operating real estate property, net	993,293,000	1,033,951,000
Properties held-for-sale, net of accumulated depreciation: 2022-$16,396; 2021-$0	32,313,000
Real property investments, net	1,025,606,000	1,033,951,000
Mortgage loans receivable, net of credit loss reserve: 2022-$3,494; 2021-$3,473	346,543,000	344,442,000
Real estate investments, net	1,372,149,000	1,378,393,000
Notes receivable, net of credit loss reserve: 2022-$619; 2021-$286	61,508,000	28,337,000
Investments in unconsolidated joint ventures	19,340,000	19,340,000
Investments, net	1,452,997,000	1,426,070,000
Other assets:
Cash and cash equivalents	4,393,000	5,161,000
Debt issue costs related to revolving line of credit	2,883,000	3,057,000
Interest receivable	41,165,000	39,522,000
Straight-line rent receivable	23,912,000	24,146,000
Lease incentives	2,277,000	2,678,000
Prepaid expenses and other assets	8,470,000	4,191,000
Total assets	1,536,097,000	1,504,825,000
LIABILITIES
Revolving line of credit	157,900,000	110,900,000
Term loans, net of debt issue costs: 2022-$600; 2021-$637	99,400,000	99,363,000
Senior unsecured notes, net of debt issue costs: 2022-$498; 2021-$524	505,482,000	512,456,000
Accrued interest	3,090,000	3,745,000
Accrued expenses and other liabilities	27,626,000	33,234,000
Total liabilities	793,498,000	759,698,000
Stockholders' equity:
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2022-39,460; 2021-39,374	395,000	394,000
Capital in excess of par value	857,558,000	856,895,000
Cumulative net income	1,459,048,000	1,444,636,000
Accumulated other comprehensive income (loss)	4,704,000	(172,000)
Cumulative distributions	(1,587,519,000)	(1,565,039,000)
Total LTC Properties, Inc. stockholders' equity	734,186,000	736,714,000
Non-controlling interests	8,413,000	8,413,000
Total equity	742,599,000	745,127,000
Total liabilities and equity	$ 1,536,097,000	$ 1,504,825,000