Document and Entity Information Document Type Document Quarterly Report Document Period End Date Document Fiscal Year Focus Document Transition Report Entity File Number Entity Registrant Name Entity Incorporation, State or Country Code Entity Tax Identification Number Entity Address, Address Line One Entity Address, City or Town Entity Address, State or Province Entity Address, Postal Zip Code City Area Code Local Phone Number Title of 12(b) Security Trading Symbol Security Exchange Name Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Entity Shell Company Entity Common Stock, Shares Outstanding Entity Central Index Key Amendment Flag Current Fiscal Year End Date Document Fiscal Period Focus CONSOLIDATED BALANCE SHEETS Assets [Abstract] ASSETS Real Estate Investment Property, Net [Abstract] Investments: Land. Land Investment Building and Building Improvements Buildings and improvements Real Estate Investment Property, Accumulated Depreciation Accumulated depreciation and amortization Real Estate Investment Property, Net Carrying value Owned real properties, net Net Book Value Amount of financing receivables excluding accrued interest from real estate property net of credit loss reserve. Real Estate Property, Financing Receivable, Excluding Accrued Interest, Net Financing receivables, net of credit loss reserve: 2026-$2,869; 2025-$3,631 Financing receivables, net of credit loss reserves Mortgage Loans on Real Estate, Commercial and Consumer, Net Mortgage loans receivable, net of credit loss reserve Mortgage loans receivable, net of credit loss reserve: 2026-$3,928; 2025-$3,849 The net book value of real estate property held for investment purposes and the amount of loans that are secured by real estate mortgages, offset by the reserve to cover probable credit losses on the loan portfolio. Real Estate Investment Property and Mortgage Loans on Real Estate Commercial and Consumer, Net Real property investments, net Financing Receivable, Net Notes receivable, net of credit loss reserve: 2026-$258; 2025-$259 Total notes receivable, net of credit loss reserve Notes receivable, net of credit loss reserve Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures Investments in unconsolidated joint ventures Carrying Value Amount of real estate investments, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; (7) other real estate investments; (8) real estate joint ventures; (9) unconsolidated real estate and other joint ventures not separately presented; (10) notes receivable, net of loan loss reserve. Real Estate Investments Including Notes Receivable, Net Investments, net Other Assets, Unclassified [Abstract] Other assets: Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents Debt Issuance Costs, Line of Credit Arrangements, Net Debt issue costs related to revolving line of credit Interest Receivable Interest receivable Deferred Rent Receivables, Net Straight-line rent receivable Prepaid Expense and Other Assets Prepaid expenses and other assets Total Assets Gross Consolidated Assets Total assets Liabilities and Equity [Abstract] LIABILITIES Line of Credit Facility, Amount Outstanding Revolving line of credit Secured Debt Term loans, net of debt issue costs: 2026-$1,685; 2025-$1,787 Unsecured Debt Senior unsecured notes, net of debt issue costs: 2026-$855; 2025-$895 Senior unsecured notes, net of debt issue costs Interest Payable Accrued interest Accrued Liabilities and Other Liabilities Accrued expenses and other liabilities Accrued expenses and other liabilities Liabilities Total liabilities Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] EQUITY Stockholders' Equity Attributable to Parent [Abstract] Stockholders' equity: Common Stock, Value, Issued Common stock: $0.01 par value; 110,000 shares authorized; shares issued and outstanding: 2026-49,779; 2025-48,482 Additional Paid in Capital Capital in excess of par value Retained Earnings (Accumulated Deficit) Cumulative net income Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated other comprehensive income Cumulative Dividends Cumulative distributions Stockholders' Equity Attributable to Parent Total LTC Properties, Inc. stockholders' equity Stockholders' Equity Attributable to Noncontrolling Interest Non-controlling interests Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Balance at end of period Balance at beginning of period Total equity Liabilities and Equity Total liabilities and equity Statement [Table] Debt Instrument [Axis] Debt Instrument, Name [Domain] Represent the information pertaining to term loans. Term loans Term loans Represents senior unsecured debt. Senior Unsecured Notes Senior Unsecured Notes Statement [Line Items] Statement CONSOLIDATED BALANCE SHEETS (Parentheticals) Amount excluding accrued interest, of allowance for credit loss on financing receivable from real estate property. Excludes net investment in lease. Real Estate Property Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest Financial receivable credit loss reserve Amount excluding accrued interest, of allowance for credit loss on mortgage loan receivable. Excludes net investment in lease. Mortgage Loan Receivable Allowance for Credit Loss, Excluding Accrued Interest Mortgage loans receivable, credit loss reserve Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest Notes receivable credit loss reserve Balance at end of period Balance at beginning of period Notes receivable, credit loss reserve Credit loss reserve Deferred Finance Costs, Net Debt issue costs, net Common Stock, Par or Stated Value Per Share Common stock, par value (in dollars per share) Common Stock, Shares Authorized Common stock, shares authorized (in shares) Common Stock, Shares, Issued Common stock, shares issued (in shares) Common Stock, Shares, Outstanding Common stock, shares outstanding (in shares) CONSOLIDATED STATEMENTS OF INCOME Revenues [Abstract] Revenues: Operating Lease, Lease Income Total Rental Income Rental income Amount of revenue recognized during the period from rendering of services and collection of fees from the real estate properties. Real Estate, Revenue, Resident Fees And Services Resident fees and services Interest Income, Financing Receivable, before Allowance for Credit Loss Interest income from financing receivables Interest and Fee Income, Loans, Commercial Interest income from mortgage loans Interest and Other Income Interest and other income Revenues Total revenues Costs and Expenses [Abstract] Expenses: Interest Expense, Operating Interest expense Interest expense Depreciation, Depletion and Amortization, Nonproduction Depreciation and amortization Depreciation and amortization Amount of real estate operating expenses. Real Estate Operating Expenses Seniors housing operating expenses Provision for Doubtful Accounts Recovery (Provision) for credit losses (Recovery) provision for credit losses (Recovery) provision for credit losses Business Combination, Acquisition Related Costs Transaction costs Transaction costs Real Estate Tax Expense Triple-net lease property tax expense General and Administrative Expense General and administrative expenses General and administrative expenses Costs and Expenses Total expenses Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest Income before unconsolidated joint ventures, real estate dispositions and other items Gain (Loss) on Sale of Properties Loss (gain) on sale of real estate, net Net gain (loss) (Loss) gain on sale of real estate, net The amount of income from unconsolidated joint ventures. Income From Unconsolidated Joint Ventures Income from unconsolidated joint ventures Income from unconsolidated joint ventures Income Tax Expense (Benefit) Income tax provision Income tax provision Income tax provision Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Net income Net income Net income Net Income (Loss) Attributable to Noncontrolling Interest Income allocated to non-controlling interests Less income allocated to non-controlling interests Net income attributable to LTC Properties, Inc. Participating Securities, Distributed and Undistributed Earnings Income allocated to participating securities Net Income (Loss) Available to Common Stockholders, Basic Net income available to common stockholders-basic Earnings per Share Earnings per common share: Earnings Per Share, Basic Basic (in dollars per share) Basic net income per share (in dollars per share) Earnings Per Share, Diluted Diluted (in dollars per share) Diluted net income per share (in dollars per share) Weighted Average Number of Shares Outstanding, Diluted [Abstract] Weighted average shares used to calculate earnings per common share: Weighted Average Number of Shares Outstanding, Basic Basic (in shares) Shares for basic net income per share Weighted Average Number of Shares Outstanding, Diluted Diluted (in shares) Shares for diluted net income per share Common Stock, Dividends, Per Share, Cash Paid Common stock cash distributions Dividends declared and paid per common share (in dollars per share) CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax Unrealized gain (loss) on cash flow hedges before reclassification Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax Gains reclassified from accumulated other comprehensive income to interest expense Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Comprehensive income Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest Less: Comprehensive income allocated to non-controlling interests Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive income attributable to LTC Properties, Inc. CONSOLIDATED STATEMENTS OF EQUITY Equity Components [Axis] Equity Component [Domain] Parent Total Stockholder's Equity Common Stock Common Stock Capital in Excess of Par Value Capital in Excess of Par Value Cumulative Net Income Cumulative Net Income Accumulated OCI Accumulated OCI Cumulative Distributions Cumulative Distributions Non-controlling Interests Non-controlling Interests Increase (Decrease) in Stockholders' Equity [Roll Forward] Equity activity Shares, Issued Balance (in shares) Balance (in shares) Stock Issued During Period, Value, New Issues Issuance of common stock Stock Issued During Period, Shares, New Issues Issuance of common stock (in shares) Shares common stock sold Stock Issued During Period, Value, Restricted Stock Award, Gross Issuance of restricted stock Stock Issued During Period, Shares, Restricted Stock Award, Gross Issuance of restricted stock (in shares) Dividends, Common Stock, Cash Common stock cash distributions Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures Stock-based compensation expense Value of stock issued as a result of the vesting of performance-based stock units. Stock Issued During Period, Value, Performance-Based Stock Units Vested Vesting of performance-based stock units Number of performance-based stock units vested during the current period. Share-Based Compensation Arrangement by Share-Based Payment Award, Performance-Based Stock Units, Vested in Period Vesting of performance-based stock units (in shares) The amount of fair market value adjustment for interest rate swap. Fair Market Value Adjustment for Interest Rate Swap Fair market valuation adjustment for interest rate swap Share-based Payment Arrangement, Decrease for Tax Withholding Obligation Cash paid for taxes in lieu of common shares Shares Paid for Tax Withholding for Share Based Compensation Cash paid for taxes in lieu of common shares (in shares) Number of shares repurchased Amount of increase (decrease) in noncontrolling interest from contributions. Noncontrolling Interest, Increase (Decrease) from Contributions Acquisitions of non-controlling interest Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders Non-controlling interest distributions Stockholders' Equity, Other Other CONSOLIDATED STATEMENTS OF CASH FLOWS Net Cash Provided by (Used in) Operating Activities [Abstract] OPERATING ACTIVITIES: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net income to net cash provided by operating activities: Depreciation, Depletion and Amortization Depreciation and amortization Share-based Compensation Stock-based compensation expense Amount of distribution from unconsolidated joint ventures. Distribution from Unconsolidated Joint Ventures Income distributions from unconsolidated joint ventures Amount of straight line rental income (adjustments) incurred during the period. Straight Line Rental Income (Adjustments) Straight-line rental adjustment Straight-line rent (adjustment) income Provision for Loan, Lease, and Other Losses Adjustment for collectability of straight-line rental income Amount of adjustment of non-contingent lease incentives. Non Contingent Lease Incentives Adjustment Adjustment for collectability of lease incentives Amount of amortization of lease incentive costs incurred by the lessor for the benefit of the lessee. Amortization of lease incentives Amortization of lease incentives Amortization of lease incentives Amortization of Financing Costs Amortization of debt issue costs Other Noncash Income (Expense) Other non-cash items, net Increase (Decrease) in Operating Capital [Abstract] Change in operating assets and liabilities Increase (Decrease) in Accrued Interest Receivable, Net Increase in interest receivable Increase (Decrease) in Interest Payable, Net Decrease in accrued interest payable Increase (Decrease) in Other Operating Assets and Liabilities, Net Net change in other assets and liabilities Net Cash Provided by (Used in) Operating Activities Net cash provided by operating activities Net Cash Provided by (Used in) Investing Activities [Abstract] INVESTING ACTIVITIES: The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth; includes real estate intended to generate income for the owner; excludes capital improvements and real estate acquired for use by the owner. Payments To Acquire Real Estate Excluding Capital Improvements Investment in real estate properties Payments for Capital Improvements Investment in real estate capital improvements Payment for (Proceeds from) Real Estate, Held-for-Investment Proceeds from sale of real estate, net Payments to Acquire Finance Receivables Investment in financing receivables Proceeds from Sale of Finance Receivables Proceeds from the sale of properties accounted for as a financing receivable Payments to Acquire Mortgage Notes Receivable Investment in real estate mortgage loans receivable Proceeds from Sale and Collection of Mortgage Notes Receivable Principal payments received on mortgage loans receivable Payments to Acquire Equity Method Investments Investments in unconsolidated joint ventures Proceeds from Divestiture of Interest in Joint Venture Proceeds from liquidation of investments in unconsolidated joint ventures Proceeds from divestment in joint venture Proceeds from Collection of Notes Receivable Principal payments received on notes receivable Net Cash Provided by (Used in) Investing Activities Net cash (used in) provided by investing activities Net Cash Provided by (Used in) Financing Activities [Abstract] FINANCING ACTIVITIES: Proceeds from (Repayments of) Lines of Credit Net borrowings under revolving line of credit Repayments of Unsecured Debt Senior unsecured notes Repayment of debt Proceeds from Issuance of Common Stock Proceeds from common stock issued, net of issuance costs Proceeds from common stock issued Payments of Stock Issuance Costs Payments of common share issuance costs Payments of Dividends Distributions paid to stockholders Paid The net cash outflow for the acquisition of and distributions (dividends) paid to the non-controlling interests during the reporting period. Acquisition Of And Distributions Paid To Minority Interests Acquisition of and distributions paid to non-controlling interests Payments of Financing Costs Financing costs paid Payment, Tax Withholding, Share-based Payment Arrangement Cash paid for taxes in lieu of shares upon vesting of restricted stock Proceeds from (Payments for) Other Financing Activities Other Net Cash Provided by (Used in) Financing Activities Net cash provided by (used in) financing activities Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Increase in cash and cash equivalents Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash and cash equivalents, end of period Cash and cash equivalents, beginning of period Supplemental Cash Flow Information Supplemental disclosure of cash flow information: Interest Paid, Net Interest paid Noncash Investing and Financing Items [Abstract] Non-cash investing and financing transactions: Amount of reduction in cash flow attributable to noncash writeoff of notes receivable Noncash Writeoff Of Notes Receivable Write-off of notes receivable Amount of increase in fair value of interest rate swap derivatives. Increase in Fair Value of Interest Rate Swap Derivative Increase (decrease) in fair value of interest rate swap agreements Amount of reduction in cash flow attributable to noncash distributions paid to noncontrolling interests Noncash Distributions Paid To Noncontrolling Interests Distributions paid to non-controlling interests Amount of increase in cash flow attributable to noncash transfer of joint venture partner's non-controlling interest to the entity. Noncash Transfer Of Joint Venture Partners Noncontrolling Interest To Entity Transfer of joint venture partner's non-controlling interest to LTC Distributions paid to non-controlling interests related to sale of properties accounted for as financing receivables. Distributions Paid To Noncontrolling Interests Related To Sale of Properties Accounted as Financing Receivables Distributions to non-controlling interests related to sale of properties accounted for as a financing receivable