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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

LTC PROPERTIES INC (LTC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Rental income  121.1126.1152.8135.4    
Interest income from mortgage loans  32.831.430.028.226.827.322.116.6
Interest and other income  1.41.82.65.03.60.71.00.6
    Total revenues  155.3159.3185.3168.6168.1161.6136.2119.0
            Total revenues growth  -2.5%-14.0%9.9%0.3%4.0%18.6%14.5%13.3%
Expenses:          
Interest expense  -27.4-29.7-30.6-30.2-29.9-26.4-17.5-13.1
Depreciation and amortization  38.339.139.237.637.635.929.425.5
Impairment loss   4.0  1.90.82.3 
Provision for credit losses  1.00.00.20.1-0.20.50.60.0
Transaction costs  4.40.30.40.10.10.20.70.2
Property tax expense  15.415.116.8     
General and administrative expenses  21.519.718.519.217.517.415.011.6
    Total expenses  108.0107.8105.587.186.881.265.550.5
   
Other operating income:          
Gain on sale of real estate, net  7.544.12.170.73.83.60.6 
    Operating income  54.895.681.9152.285.184.070.768.4
            Operating margin  35.3%60.0%44.2%90.3%50.6%52.0%51.9%57.5%
   
Income from unconsolidated joint ventures          
    Net income  56.295.780.9155.187.385.173.1 
Income allocated to non-controlling interests  -0.4-0.4-0.3-0.1    
    Net income attributable to LTC Properties, Inc.  55.995.380.5155.087.385.1 73.4
Income allocated to participating securities  -0.5-0.4-0.4-0.4-0.4-0.4-0.5-0.5
    Net income available to common stockholders  55.494.980.1154.487.084.770.169.6
   
Earnings per common share:          
Basic (in dollars per share)  $1.41$2.42$2.03$3.91$2.21$2.21$1.97$2.01
Diluted (in dollars per share)  $1.41$2.42$2.02$3.89$2.20$2.21$1.94$1.99
   
Weighted average shares used to calculate earnings per common share:          
Basic (in shares)  39.239.239.639.539.438.435.634.6
Diluted (in shares)  39.239.339.839.839.638.637.336.6
   

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