LTC Properties Q2 2024: Assets $4.35B, Liabilities $4.30B
Ticker: LTC · Form: 10-Q · Filed: 2024-07-29T00:00:00.000Z
Sentiment: neutral
Topics: real-estate, REIT, financials, balance-sheet
TL;DR
LTC Properties Q2: $4.35B assets vs $4.30B liabilities. REIT balance sheet update.
AI Summary
LTC Properties Inc. reported its financial results for the quarter ending June 30, 2024. The company's balance sheet shows total assets of $4,349,100,000 and total liabilities of $4,302,200,000. Key equity components include common stock, additional paid-in capital, and retained earnings.
Why It Matters
This filing provides a snapshot of LTC Properties' financial health, indicating a significant asset base and corresponding liabilities as of the end of the second quarter of 2024.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative events disclosed.
Key Numbers
- $4.35B — Total Assets (As of June 30, 2024)
- $4.30B — Total Liabilities (As of June 30, 2024)
Key Players & Entities
- LTC PROPERTIES INC (company) — Filer
- 20240630 (date) — Reporting Period End Date
- 20240729 (date) — Filing Date
- $4,349,100,000 (dollar_amount) — Total Assets
- $4,302,200,000 (dollar_amount) — Total Liabilities
FAQ
What were LTC Properties' total assets as of June 30, 2024?
LTC Properties' total assets were $4,349,100,000 as of June 30, 2024.
What were LTC Properties' total liabilities as of June 30, 2024?
LTC Properties' total liabilities were $4,302,200,000 as of June 30, 2024.
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ending June 30, 2024.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on July 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
0001558370-24-010291.txt : 20240729 0001558370-24-010291.hdr.sgml : 20240729 20240729172032 ACCESSION NUMBER: 0001558370-24-010291 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 93 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240729 DATE AS OF CHANGE: 20240729 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: 241153463 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-20240630x10q.htm 10-Q 0000887905 false --12-31 2024 Q2 http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember LTC PROPERTIES INC 43491000 43022000 P10Y P10Y P1Y P10Y P5Y P10Y P5Y P10Y P5Y P10Y P5Y http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember P4Y 0.19 0.19 0 0.19 0.19 0000887905 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0000887905 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0000887905 us-gaap:RetainedEarningsMember 2024-06-30 0000887905 us-gaap:ParentMember 2024-06-30 0000887905 us-gaap:NoncontrollingInterestMember 2024-06-30 0000887905 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-06-30 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 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 2023-06-30 0000887905 us-gaap:ParentMember 2023-06-30 0000887905 us-gaap:NoncontrollingInterestMember 2023-06-30 0000887905 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2023-06-30 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 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 2023-04-01 2023-06-30 0000887905 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0000887905 us-gaap:CommonStockMember 2024-06-30 0000887905 us-gaap:CommonSto