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LTC PROPERTIES   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Rental income116.17132.28127.35128.24121.13126.09152.76135.41137.66133.53
Resident fees and services72.12------------------
Interest income from mortgage loans and notes receivable39.0245.2247.7340.6032.8131.4029.9928.2026.7727.32
Interest and other income7.2310.696.934.551.391.852.565.043.640.74
Interest income from REMIC Certificates--------------------
Interest income from financing receivable28.3221.6615.241.76------------
Total Revenues262.85209.85197.24175.15155.32159.34185.30168.65168.07161.58
Depreciation and amortization37.8736.3737.4237.5038.3039.0739.2237.5637.6135.93
General and administrative expenses31.1227.2424.2923.7121.4619.7118.4519.1917.5117.41
Legal expenses--------------------
Operating and other expenses--------------------
Interest expense(35.31)(40.34)(47.01)(31.44)(27.38)(29.71)(30.58)(30.20)(29.95)(26.44)
Provisions for doubtful accounts(4.52)(0.74)(5.68)(1.53)(1.02)0.00(0.17)(0.09)0.21(0.46)
Acquisition costs--------------------
Transaction costs(8.22)(0.82)(1.14)(0.83)(4.43)(0.30)(0.37)(0.08)(0.06)(0.18)
Impairment of real estate for sale0.00(6.95)(15.78)(3.42)0.00(3.98)----(1.88)(0.77)
Gain (loss) on sale of real estate, net77.827.9837.3037.837.4644.122.1170.68----
Property tax expense(10.80)(12.93)(13.27)(15.49)(15.39)(15.07)(16.76)------
Seniors housing operating expenses(54.09)------------------
Write-off of effective interest receivable(41.46)------------------
Total expenses223.37125.39144.58113.90107.98107.82105.5487.1286.8081.19
Operating income39.4892.4489.9699.0854.8195.6381.87152.2181.2680.40
Interest expense--------------------
Impairment charge--------------------
Gain (loss) on sale of assets, net----------------3.813.58
Income from unconsolidated joint ventures6.762.441.501.501.420.432.392.862.261.14
Loss on unconsolidated joint ventures------0.000.00(0.76)--------
Non-operating income--------------------
Income tax benefit(0.18)------------------
Gain from property insurance proceeds------0.000.000.372.11------
Impairment loss from investments in unconsolidated joint ventures--------0.00--(5.50)------
Income before Minority Interest------------80.87----85.12
Minority interest--------------------
Income from continuing operations--------------------
Discontinued operations: Income from discontinued operations--------------------
Discontinued operations: Gain (loss) on sale of assets, net--------------------
Consolidated net income (loss)123.8894.8891.46100.5856.2295.6880.87155.0887.3485.12
Income allocated to noncontrolling interests5.913.841.730.560.360.380.350.10----
Net Income attributable to LTC Properties,Inc117.9791.0489.74100.0255.86----------
Less: Preferred stock dividends--------------------
Preferred stock redemption charge--------------------
Preferred stock buyback--------------------
Income allocated to preferred stockholders----------------0.000.00
Income allocated to participating securities0.700.680.590.580.460.420.390.630.360.39
Net income (loss) available to common shareholders117.2890.3689.1599.4455.4094.8780.14154.3686.9884.73
Earnings Per Share (Basic) - Cont Ops--------------------
Earnings Per Share (Basic) - Disc Ops--------------------
Net Earnings Per Share (Basic)2.542.072.162.491.412.422.033.912.212.21
Earnings Per Share (Diluted) - Cont Ops--------------------
Earnings Per Share (Diluted) - Disc Ops--------------------
Net Earnings Per Share (Diluted)2.522.042.162.481.412.422.023.892.202.21
Weighted Average Shares Outstanding (Basic)46.2343.7441.2739.8939.1639.1839.5739.4839.4138.39
Weighted Average Shares Outstanding (Diluted)46.5644.2441.3640.0739.1639.2639.7639.8439.6438.60
Funds From Operations (FFO)77.33126.38105.63--86.2494.56122.75121.23122.65117.85