LTC Properties Q1 2024: Assets $4.3B, Liabilities $4.3B
Ticker: LTC · Form: 10-Q · Filed: 2024-04-29T00:00:00.000Z
Sentiment: neutral
Topics: real-estate, REIT, financials
TL;DR
LTC Properties Q1 assets $4.327B, liabilities $4.302B. Retained earnings up slightly.
AI Summary
LTC Properties Inc. reported its first quarter 2024 results, with total assets at $4.327 billion and total liabilities at $4.302 billion as of March 31, 2024. The company's retained earnings stood at $43.271 million for the quarter ending March 31, 2024, compared to $43.022 million for the year ended December 31, 2023.
Why It Matters
This filing provides a snapshot of LTC Properties' financial health, indicating a slight increase in retained earnings, which could signal profitability and stability for investors.
Risk Assessment
Risk Level: low — The filing shows a stable financial position with minimal changes in key balance sheet items.
Key Numbers
- $4.327B — Total Assets (As of March 31, 2024)
- $4.302B — Total Liabilities (As of March 31, 2024)
- $43.271M — Retained Earnings (As of March 31, 2024)
Key Players & Entities
- LTC PROPERTIES INC (company) — Filer
- 20240331 (date) — Reporting Period End Date
- 20240429 (date) — Filing Date
- $4.327 billion (dollar_amount) — Total Assets as of March 31, 2024
- $4.302 billion (dollar_amount) — Total Liabilities as of March 31, 2024
FAQ
What was the total amount of retained earnings for LTC Properties Inc. as of March 31, 2024?
As of March 31, 2024, LTC Properties Inc. had retained earnings of $43.271 million.
What were the total assets of LTC Properties Inc. at the end of the first quarter of 2024?
LTC Properties Inc.'s total assets were $4.327 billion as of March 31, 2024.
What were the total liabilities of LTC Properties Inc. as of March 31, 2024?
The total liabilities for LTC Properties Inc. as of March 31, 2024, amounted to $4.302 billion.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted to the SEC on April 29, 2024.
What is the fiscal year end for LTC Properties Inc.?
LTC Properties Inc.'s fiscal year ends on December 31.
From the Filing
0001558370-24-006117.txt : 20240429 0001558370-24-006117.hdr.sgml : 20240429 20240429161957 ACCESSION NUMBER: 0001558370-24-006117 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 90 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240429 DATE AS OF CHANGE: 20240429 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-11314 FILM NUMBER: 24891145 BUSINESS ADDRESS: STREET 1: 3011 TOWNSGATE ROAD STREET 2: SUITE 220 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 BUSINESS PHONE: 805-981-8655 MAIL ADDRESS: STREET 1: 3011 TOWNSGATE ROAD STREET 2: SUITE 220 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 10-Q 1 ltc-20240331x10q.htm 10-Q 0000887905 false --12-31 2024 Q1 LTC PROPERTIES INC 43271000 43022000 P10Y P10Y P4Y 0.19 0.19 0 0.19 0.19 0000887905 us-gaap:RetainedEarningsMember 2024-03-31 0000887905 us-gaap:ParentMember 2024-03-31 0000887905 us-gaap:NoncontrollingInterestMember 2024-03-31 0000887905 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-03-31 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 2023-03-31 0000887905 us-gaap:ParentMember 2023-03-31 0000887905 us-gaap:NoncontrollingInterestMember 2023-03-31 0000887905 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2023-03-31 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:CommonStockMember 2024-01-01 2024-03-31 0000887905 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0000887905 us-gaap:CommonStockMember 2024-03-31 0000887905 us-gaap:CommonStockMember 2023-12-31 0000887905 us-gaap:CommonStockMember 2023-03-31 0000887905 us-gaap:CommonStockMember 2022-12-31 0000887905 us-gaap:RestrictedStockMember 2024-03-31 0000887905 us-gaap:RestrictedStockMember 2023-12-31 0000887905 us-gaap:RestrictedStockMember 2023-03-31 0000887905 us-gaap:RestrictedStockMember 2022-12-31 0000887905 us-gaap:RestrictedStockMember ltc:GrantDatePrice30.72Member ltc:VestingOverThreeYearPeriodFromGrantDateMember 2024-01-01 2024-03-31 0000887905 us-gaap:PerformanceSharesMember ltc:GrantDatePrice31.84Member ltc:VestingTotalShareReturnMember 2024-01-01 2024-03-31 0000887905 ltc:RestrictedStockAndPerformanceBasedStockUnitsMember ltc:GrantDatePrice31.84OneMember ltc:VestingTotalShareReturnMember 2024-01-01 2024-03-31 0000887905 us-gaap:RestrictedStockMember 2024-01-01 2024-03-31 0000887905 us-gaap:RestrictedStockMember ltc:GrantDatePrice37.16Member ltc:VestingOverThreeYearPeriodFromGrantDateMember 2023-01-01 2023-03-31 0000887905 us-gaap:PerformanceSharesMember ltc:GrantDatePrice37.16Member ltc:VestingTotalShareReturnMember 2023-01-01 2023-03-31 0000887905 us-gaap:RestrictedStockMember 2023-01-01 2023-03-31 0000887905 us-gaap:RestrictedStockMember ltc:GrantDatePrice30.72Member ltc:VestingTotalShareReturnMember 2024-01-01 2024-03-31 00008879