Reported Financials


As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

ASSETS

Investments

Land 106,841 116,096 124,041 125,358 129,403
Buildings and improvements 1,091,845 1,185,467 1,262,335 1,290,352 1,339,543
Accumulated depreciation and amortization (251,265) (275,861) (304,117) (312,959) (340,505)
Operating real estate property, net NA 1,025,702 1,082,259 1,102,751 1,128,441
Properties held-for-sale, net of accumulated depreciation NA 0 3,830 3,830 3,830
Real property investments, net 947,421 1,025,702 1,086,089 1,106,581 1,132,271
Mortgage loans receivable, net of loan loss reserve 217,529 229,801 223,907 242,939 253,186
Real estate investments, net 1,164,950 1,255,503 1,309,996 1,349,520 1,385,457
Notes receivable, net of loan loss reserve 1,961 16,427 16,402 12,715 17,552
Investments in unconsolidated joint ventures 24,042 25,221 29,898 30,615 24,426
Investments, net 1,190,953 1,297,151 1,356,296 1,392,850 1,427,435

Other assets

Cash and cash equivalents 12,942 7,991 5,213 2,656 3,960
Restricted cash NA NA 0 2,108 2,108
Debt issue costs related to bank borrowings 2,865 1,847 810 2,989 2,380
Interest receivable 4,536 9,683 15,050 20,732 25,099
Straight-line rent receivable, net of allowance for doubtful accounts 42,685 55,276 64,490 73,857 44,814
Lease incentives NA NA 21,481 14,443 2,590
Prepaid expenses and other assets 21,443 22,948 2,230 3,985 3,845
Total assets 1,275,424 1,394,896 1,465,570 1,513,620 1,512,231

LIABILITIES

Bank borrowings 120,500 107,100 96,500 112,000 165,400
Senior unsecured notes, net of debt issue costs 451,372 502,291 571,002 533,029 518,469
Accrued interest 3,974 4,675 5,276 4,180 3,996
Accrued incentives and earn-outs 12,722 12,229 8,916 NA NA
Accrued expenses and other liabilities 27,654 28,553 25,228 31,440 30,472
Total liabilities 616,222 654,848 706,922 680,649 718,337

EQUITY

Stockholders' equity

Common stock 375 392 396 397 398
Capital in excess of par value 758,676 839,005 856,992 862,712 865,721
Cumulative net income 928,328 1,013,443 1,100,783 1,255,764 1,280,940
Accumulated other comprehensive income 47 NA NA NA NA
Cumulative distributions (1,028,224) (1,112,792) (1,203,011) (1,293,383) (1,361,625)
Total LTC Properties, Inc. stockholders' equity NA 740,048 755,160 825,490 785,434
Non-controlling interests NA 0 3,488 7,481 8,460
Total equity 659,202 740,048 758,648 832,971 793,894
Total liabilities and equity 1,275,424 1,394,896 1,465,570 1,513,620 1,512,231
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.