Ltc properties inc (LTC)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Investments:
Land

127

126

129

126

125

125

125

125

121

124

121

122

115

116

114

113

108

106

98

85

83

80

79

79

80

80

76

75

75

74

63

60

58

57

50

48

43

Buildings and improvements

1,310

1,295

1,339

1,320

1,313

1,290

1,280

1,269

1,236

1,262

1,227

1,229

1,187

1,185

1,177

1,168

1,120

1,091

1,056

903

899

869

886

877

870

856

834

836

831

811

742

677

676

664

634

625

567

Accumulated depreciation and amortization

320

312

340

332

322

312

304

301

292

304

294

288

284

275

266

260

259

251

244

237

230

223

234

228

224

218

212

209

204

194

192

186

181

176

172

167

158

Operating real estate property, net

1,117

1,109

1,128

1,114

1,117

1,102

1,101

1,094

1,065

1,082

1,054

1,063

1,019

1,025

-

1,021

-

-

-

-

753

-

731

728

726

718

698

702

-

692

612

551

554

545

512

506

451

Properties held-for-sale, net of accumulated depreciation: 2020-$0; 2019-$35,113

-

26

3

3

3

3

5

3

20

3

6

1

1

-

-

4

-

-

-

-

-

-

-

-

-

-

-

0

-

9

-

5

5

1

5

5

5

Real property investments, net

1,117

1,136

1,132

1,118

1,121

1,106

1,107

1,097

1,086

1,086

1,060

1,064

1,020

1,025

1,025

1,025

970

947

910

752

-

726

-

-

-

-

698

702

701

701

612

556

559

546

571

567

515

Mortgage loans receivable, net of loan loss reserve: 2020-$2,563; 2019-$2,560

254

254

253

252

244

242

242

233

233

223

221

220

223

229

234

232

223

217

204

204

163

165

171

168

167

165

40

39

39

39

48

49

52

53

54

55

59

Real estate investments, net

1,372

1,390

1,385

1,370

1,365

1,349

1,349

1,331

1,319

1,309

1,282

1,285

1,244

1,255

1,260

1,258

1,193

1,164

1,114

956

917

892

902

896

893

884

739

741

741

740

661

605

611

599

-

-

-

Other assets related to properties held-for-sale, net of allowance for doubtful accounts: 2012 - $839; 2011 - $839

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Notes receivable, net of loan loss reserve: 2020-$180; 2019-$181

17

17

17

20

19

12

12

14

16

16

16

16

16

16

4

2

2

1

2

2

2

1

1

0

0

0

1

1

3

3

3

2

1

0

0

0

1

Investments in unconsolidated joint ventures

19

19

24

27

27

30

30

30

30

29

29

29

26

25

23

24

24

24

21

20

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments, net

1,409

1,427

1,427

1,418

1,412

1,392

1,392

1,376

1,366

1,356

1,328

1,331

1,286

1,297

1,284

1,282

1,217

1,190

1,135

976

937

892

-

-

-

-

-

-

-

-

-

-

-

-

517

511

456

Other assets:
Cash and cash equivalents

30

4

3

3

6

2

20

4

3

5

3

9

8

7

3

17

24

12

11

8

3

25

7

8

7

6

60

63

9

7

8

10

3

4

5

6

6

Restricted cash

-

-

2

2

2

2

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issue costs related to bank borrowings

1

2

2

2

2

2

3

3

0

0

1

1

1

1

2

2

2

2

3

3

3

2

2

2

2

2

2

2

2

3

3

2

2

2

2

2

0

Interest receivable

28

26

25

23

22

20

19

17

16

15

13

12

10

9

8

7

5

4

3

2

1

0

0

0

0

0

0

0

0

0

1

1

1

1

1

1

1

Straight-line rent receivable

46

45

44

43

42

73

73

70

68

64

61

59

58

55

50

47

45

42

39

37

34

32

31

30

30

29

29

28

27

26

25

25

24

23

22

21

20

Lease incentives

2

2

2

2

2

14

21

21

21

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

5

5

3

3

5

3

3

4

2

2

22

27

25

22

20

21

21

21

20

13

12

9

6

6

6

6

7

6

6

7

7

7

7

7

8

7

8

Straight-line rent receivable and other assets related to properties held-for-sale, net of allowance for doubtful accounts: 2013 - $0; 2012 - $44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

6

6

6

6

Total assets

1,524

1,514

1,512

1,499

1,496

1,513

1,535

1,499

1,479

1,465

1,431

1,440

1,391

1,394

1,373

1,380

1,318

1,275

1,216

1,043

995

964

952

945

942

931

841

845

792

789

709

654

658

647

619

614

561

LIABILITIES
Bank borrowings

89

93

165

146

146

112

120

85

120

96

55

45

-

107

77

122

161

120

165

80

36

-

19

42

41

21

-

-

117

115

35

68

73

56

28

70

37

Senior unsecured notes, net of debt issue costs: 2020-$773; 2019-$812

599

599

518

528

528

533

550

566

566

571

582

597

597

502

512

484

447

451

352

277

277

280

281

251

251

255

185

185

185

185

185

100

100

100

100

50

50

Bonds payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

2

2

2

2

2

2

2

2

3

3

3

3

Accrued interest

3

4

3

5

4

4

3

5

4

5

4

4

4

4

3

4

2

3

2

3

2

3

2

3

2

3

2

3

2

3

2

1

1

1

1

0

0

Accrued incentives and earn-outs

-

-

-

-

-

-

9

9

9

8

8

12

12

12

12

13

12

12

13

3

3

3

-

-

-

0

0

6

6

6

6

6

6

6

6

10

-

Accrued expenses and other liabilities

25

30

30

30

28

31

28

27

21

25

23

23

24

28

27

24

22

27

21

18

16

17

15

14

14

16

15

11

11

12

12

10

9

11

10

10

9

Accrued expenses and other liabilities related to properties held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

0

0

0

0

0

0

Distributions payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

Total liabilities

718

728

718

711

708

680

712

693

722

706

674

683

638

654

632

649

646

616

555

383

336

304

320

312

310

298

205

209

325

326

244

189

193

178

149

144

103

EQUITY
Stockholders' equity:
Preferred stock $0.01 par value; 15,000 shares authorized; shares issued and outstanding: 20150; 20142,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

38

38

38

38

38

38

38

38

38

38

38

38

38

38

38

38

38

126

Common stock: $0.01 par value; 60,000 shares authorized; shares issued and outstanding: 2020-39,218; 2019-39,752

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Capital in excess of par value

847

867

865

863

862

862

861

858

857

856

855

854

853

839

837

829

772

758

720

719

718

717

691

690

689

688

688

687

516

510

509

507

506

507

506

506

398

Cumulative net income

1,357

1,293

1,280

1,253

1,233

1,255

1,224

1,190

1,121

1,100

1,080

1,060

1,034

1,013

992

970

948

928

910

890

872

855

834

817

798

781

767

749

737

724

711

698

685

672

660

647

623

Cumulative distributions

1,407

1,384

1,361

1,338

1,316

1,293

1,270

1,248

1,225

1,203

1,180

1,157

1,135

1,112

1,090

1,069

1,048

1,028

1,008

989

970

951

932

914

895

877

858

841

825

810

795

780

766

752

738

725

693

Accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total LTC Properties, Inc. stockholders' equity

797

776

785

779

779

825

815

801

753

755

756

757

753

740

740

730

672

659

661

659

659

660

631

632

631

632

636

635

466

463

464

465

464

466

467

468

455

Non-controlling interests

8

8

8

8

8

7

7

4

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

1

1

1

1

Total equity

806

785

793

787

788

832

823

805

756

758

-

-

-

740

-

-

-

-

-

-

-

-

-

-

-

632

636

635

466

463

464

465

465

468

469

470

457

Total liabilities and equity

1,524

1,514

1,512

1,499

1,496

1,513

1,535

1,499

1,479

1,465

1,431

1,440

1,391

1,394

1,373

1,380

1,318

1,275

1,216

1,043

995

964

952

945

942

931

841

845

792

789

709

654

658

647

619

614

561