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Income Statement

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All references to earnings per share are diluted earnings per share.
 2014 Y2015 Y2016 Y2017 Y2018 Q3 YTD
Source Document12/31/2016 12/31/2017 12/31/2017 12/31/2017 9/30/2018 
(in thousands)     
Rental income 101,849113,080133,527137,657102,646
Interest income from mortgage loans 16,55322,11927,32126,76920,910
Interest and other income 5591,0047353,6391,502
Total revenues 118,961136,203161,583168,065125,058
Interest expense 13,12817,49726,44229,94922,981
Depreciation and amortization 25,52929,43135,93237,61028,159
Impairment charges 02,2507661,8800
Provision (recovery) for doubtful accounts 32619457(206)76
Transaction costs 1957441795619
General and administrative expenses 11,63714,98617,41217,51314,392
Total expenses 50,52165,52781,18886,80265,627
Operating income 68,44070,67680,39581,26359,431
Income from unconsolidated joint ventures 01,8191,1382,2632,103
Gain on sale of real estate, net 4,9595863,5823,81462,698
Net income 73,39973,08185,11587,340124,232
Income allocated to non-controlling interests NANANANA(17)
Net income attributable to LTC Properties, Inc. NANANANA124,215
Income allocated to participating securities (481)(484)(385)(362)(504)
Income allocated to preferred stockholders (3,273)(2,454)00NA
Net income available to common stockholders 69,64570,14384,73086,978123,711
Earnings per common share 
Basic 2.011.972.212.213.13
Diluted 1.991.942.212.23.12
Weighted average shares used to calculate earnings per common share 
Basic 34,61735,59038,38839,40939,470
Diluted 36,64037,32938,59739,63739,845
Dividends declared and paid per common share NANANANA1.71
Comprehensive Income 
Net income 73,39973,08185,11587,340124,232
Reclassification adjustment (35)(35)(47)0NA
Comprehensive income 73,36473,04685,06887,340124,232

Data shown on this page is extracted directly from the company's documents. SNL 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, SNL, as always, stands by its commitment to the quality of the data.

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