LTC Properties Files 2023 10-K, Details Receivables & Reserves

TL;DR

**LTC Properties just dropped its 2023 10-K, showing key figures around $41M-$43M and updates on receivables and loss reserves.**

AI Summary

LTC PROPERTIES INC filed its 10-K on February 15, 2024, for the fiscal year ended December 31, 2023. The filing includes financial figures such as $41,262,000 and $43,022,000, likely representing key financial metrics for the period. It also details changes in specific accounts like Notes Receivable Other, Financing Receivable Loss Reserve, and Allowance for Doubtful Accounts and Other Receivables across 2021, 2022, and 2023.

Why It Matters

This 10-K provides a comprehensive overview of LTC Properties' financial health and operational performance for 2023, crucial for investors to assess the company's stability and future prospects in the real estate investment trust sector.

Risk Assessment

Risk Level: medium — The provided text is a metadata and XBRL context snippet, not the full financial statements, making a specific risk assessment impossible.

Key Numbers

• $41.262M — Financial Figure 1 (Reported for 2023 FY)
• $43.022M — Financial Figure 2 (Reported for 2023 FY)
• 0.19 — Per Share/Ratio Value (Repeated financial metric across multiple periods)

Key Players & Entities

• LTC PROPERTIES INC (company) — Filer of the 10-K
• $41,262,000 (dollar_amount) — Reported financial figure for 2023 FY
• $43,022,000 (dollar_amount) — Reported financial figure for 2023 FY
• December 31, 2023 (date) — Conformed Period of Report
• February 15, 2024 (date) — Filed As Of Date

FAQ

From the Filing

0001558370-24-001256.txt : 20240215 0001558370-24-001256.hdr.sgml : 20240215 20240215172845 ACCESSION NUMBER: 0001558370-24-001256 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 125 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240215 DATE AS OF CHANGE: 20240215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LTC PROPERTIES INC CENTRAL INDEX KEY: 0000887905 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 710720518 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11314 FILM NUMBER: 24644967 BUSINESS ADDRESS: STREET 1: 2829 TOWNSGATE ROAD STREET 2: SUITE 350 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 BUSINESS PHONE: 805-981-8655 MAIL ADDRESS: STREET 1: 2829 TOWNSGATE ROAD STREET 2: SUITE 350 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 10-K 1 ltc-20231231x10k.htm 10-K 0000887905 false 2023 FY 41262000 43022000 P4Y http://fasb.org/us-gaap/2023#RealEstateInvestmentMember P10Y P10Y P10Y P10Y P2Y P1Y P4Y 0.19 0.19 0.19 0.19 0.19 P2Y P2Y P1Y 0.19 0.19 0.19 0.19 0.19 P5Y P35Y P10Y P10Y 0000887905 ltc:NotesReceivableOtherMember 2023-01-01 2023-12-31 0000887905 ltc:FinancingReceivableLossReserveMember 2023-01-01 2023-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2023-01-01 2023-12-31 0000887905 ltc:NotesReceivableOtherMember 2022-01-01 2022-12-31 0000887905 ltc:FinancingReceivableLossReserveMember 2022-01-01 2022-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2022-01-01 2022-12-31 0000887905 ltc:NotesReceivableOtherMember 2021-01-01 2021-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2021-01-01 2021-12-31 0000887905 ltc:NotesReceivableOtherMember 2023-12-31 0000887905 ltc:FinancingReceivableLossReserveMember 2023-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2023-12-31 0000887905 ltc:NotesReceivableOtherMember 2022-12-31 0000887905 ltc:FinancingReceivableLossReserveMember 2022-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2022-12-31 0000887905 ltc:NotesReceivableOtherMember 2021-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2021-12-31 0000887905 ltc:NotesReceivableOtherMember 2020-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2020-12-31 0000887905 us-gaap:CommonStockMember ltc:EquityDistributionAgreements2016Member 2021-01-01 2021-12-31 0000887905 us-gaap:RetainedEarningsMember 2023-12-31 0000887905 us-gaap:ParentMember 2023-12-31 0000887905 us-gaap:NoncontrollingInterestMember 2023-12-31 0000887905 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2023-12-31 0000887905 us-gaap:RetainedEarningsMember 2022-12-31 0000887905 us-gaap:ParentMember 2022-12-31 0000887905 us-gaap:NoncontrollingInterestMember 2022-12-31 0000887905 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2022-12-31 0000887905 us-gaap:RetainedEarningsMember 2021-12-31 0000887905 us-gaap:ParentMember 2021-12-31 0000887905 us-gaap:NoncontrollingInterestMember 2021-12-31 0000887905 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2021-12-31 0000887905 us-gaap:RetainedEarningsMember 2020-12-31 0000887905 us-gaap:ParentMember 2020-12-31 0000887905 us-gaap:NoncontrollingInterestMember 2020-12-31 0000887905 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2020-12-31 0000887905 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000887