LTC Properties, Inc. (LTC) financial statements (2020 and earlier)

Company profile

Business Address 2829 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments435813257
Cash and cash equivalents435813257
Restricted cash and investments 2     
Total current assets:455813257
Noncurrent Assets
Property, plant and equipment1271251241161078081
Deferred costs314     
Total noncurrent assets:1291401241161078081
Other undisclosed assets1,3811,3691,3361,2711,156861844
TOTAL ASSETS:1,5141,5141,4661,3951,275966931
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities729681707655616306299
Total liabilities:729681707655616306299
Stockholders' equity
Stockholders' equity attributable to parent, including:777825755740659660632
Preferred stock     3939
Common stock0000000
Additional paid in capital867863857839759717689
Accumulated other comprehensive income    000
Retained earnings1,2931,2561,1011,013928855782
Other undisclosed stockholders' equity attributable to parent(1,384)(1,293)(1,203)(1,113)(1,028)(951)(877)
Stockholders' equity attributable to noncontrolling interest873    
Total stockholders' equity:785833759740659660632
TOTAL LIABILITIES AND EQUITY:1,5141,5141,4661,3951,275966931

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues185169168162136119105
Revenue, net13813411310298
Operating lease, lease income153
Operating leases, income statement, lease revenue135
Net investment income302827272217 
Cost of revenue(47)(30)(30)(26)(17)(13)(7)
Gross profit:13813813813511910698
Operating expenses(58)(57)(57)(55)(48)(37)(42)
Other undisclosed operating income271     
Operating income:821528180716855
Interest and debt expense(31)(30)(30)(26)(17)(13)(11)
Income from continuing operations before equity method investments, income taxes:511225154535544
Income from equity method investments2321   
Income from continuing operations before income taxes:541255455535544
Other undisclosed income from continuing operations      11
Income from continuing operations:541255455535555
Income from discontinued operations      2
Income before gain (loss) on sale of properties:541255455535558
Other undisclosed net income273034 2018 
Net income:811558755737358
Net loss attributable to noncontrolling interest(0)(0)     
Other undisclosed net income attributable to parent   30   
Net income attributable to parent:811558785737358
Preferred stock dividends and other adjustments    (2)(3)(3)
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, basic:801548785707054
Dilutive securities, effect on basic earnings per share 10023 
Net income available to common stockholders, diluted:801558785737354

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:811558755737358
Other comprehensive loss   (0)(0)(0)(0)
Comprehensive income:811558755737358
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)     
Other undisclosed comprehensive income, net of tax, attributable to parent00 30   
Comprehensive income, net of tax, attributable to parent:811558785737358

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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