Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-Q | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
ASSETS | | | | | | | | |
Investments: | | | | | | | | |
Land | 123.2 | 127.8 | 126.7 | | | | | |
Buildings and improvements | 1,285.3 | 1,324.2 | 1,295.9 | 1,290.4 | 1,262.3 | 1,185.5 | | |
Accumulated depreciation and amortization | -374.6 | -349.6 | -312.6 | -313.0 | -304.1 | -275.9 | | |
Real property investments, net | 1,034.0 | 1,102.4 | 1,136.8 | 1,106.6 | 1,086.1 | 1,025.7 | 947.4 | 726.5 |
Mortgage loans receivable, net of credit loss reserve: 2023-$4,761; 2022-$3,930 | 344.4 | 257.3 | 254.1 | 242.9 | 223.9 | 229.8 | 217.5 | 165.7 |
Real estate investments, net | 1,378.4 | 1,359.6 | 1,390.9 | 1,349.5 | 1,310.0 | 1,255.5 | 1,165.0 | 892.2 |
Investments in unconsolidated joint ventures | 19.3 | 11.3 | 19.0 | 30.6 | 29.9 | | | |
Investments, net | 1,426.1 | 1,385.4 | 1,427.8 | 1,392.9 | | | | |
|
Other assets: | | | | | | | | |
Cash and cash equivalents | 5.2 | 7.8 | 4.2 | 2.7 | 5.2 | 8.0 | 12.9 | 25.2 |
Debt issue costs related to revolving line of credit | 3.1 | | | | | | | |
Interest receivable | 39.5 | 32.7 | 26.6 | 20.7 | 15.1 | 9.7 | 4.5 | 0.6 |
Straight-line rent receivable | 24.1 | 24.5 | 45.7 | | | | | |
Lease incentives | 2.7 | 2.5 | 2.6 | 14.4 | 21.5 | | | |
Prepaid expenses and other assets | 4.2 | 5.3 | 5.1 | 4.0 | 2.2 | 22.9 | 21.4 | 9.9 |
Total assets | 1,504.8 | 1,459.5 | 1,514.2 | 1,513.6 | 1,465.6 | 1,394.9 | 1,275.4 | 964.8 |
|
LIABILITIES | | | | | | | | |
Revolving line of credit | 110.9 | 89.9 | 93.9 | 112.0 | 96.5 | 107.1 | 120.5 | |
Term loans, net of debt issue costs: 2023-$417; 2022-$489 | 99.4 | | | | | | | |
Senior unsecured notes, net of debt issue costs: 2023-$1,364; 2022-$1,477 | 512.5 | 559.5 | 599.5 | 533.0 | 571.0 | 502.3 | | |
Accrued interest | 3.7 | 4.2 | 5.0 | 4.2 | 5.3 | 4.7 | 4.0 | 3.6 |
Accrued expenses and other liabilities | 33.2 | 30.1 | 30.4 | 31.4 | 25.2 | 28.6 | 27.7 | 17.3 |
Total liabilities | 759.7 | 683.7 | 728.8 | 680.6 | 706.9 | 654.8 | 616.2 | 304.6 |
|
EQUITY | | | | | | | | |
Stockholders' equity: | | | | | | | | |
Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2023 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
Capital in excess of par value | 856.9 | 852.8 | 867.3 | 862.7 | 857.0 | 839.0 | 758.7 | 717.4 |
Cumulative net income | 1,444.6 | 1,388.8 | 1,293.5 | 1,255.8 | 1,100.8 | 1,013.4 | 928.3 | 855.2 |
Accumulated other comprehensive income | -0.2 | | | | | | 0.0 | 0.1 |
Cumulative distributions | -1,565.0 | -1,474.5 | -1,384.3 | -1,293.4 | -1,203.0 | -1,112.8 | -1,028.2 | -951.5 |
Total LTC Properties, Inc. stockholders' equity | 736.7 | 767.4 | 776.9 | 825.5 | 755.2 | 740.0 | 659.2 | 660.1 |
Non-controlling interests | 8.4 | 8.4 | 8.5 | 7.5 | 3.5 | | | |
Total equity | 745.1 | 775.8 | 785.4 | 833.0 | 758.6 | 740.0 | | |
Total liabilities and equity | 1,504.8 | 1,459.5 | 1,514.2 | 1,513.6 | 1,465.6 | 1,394.9 | 1,275.4 | 964.8 |
|