LTC Properties Inc. Files 2024 10-K
Ticker: LTC · Form: 10-K · Filed: 2025-02-24T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, real-estate, REIT
TL;DR
LTC Properties filed its 2024 10-K. All systems go.
AI Summary
LTC Properties Inc. filed its 2024 10-K on February 24, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, a real estate investment trust, is headquartered in Westlake Village, California. The filing details various financial metrics and operational aspects for the reporting period.
Why It Matters
This 10-K filing provides investors and stakeholders with a comprehensive overview of LTC Properties Inc.'s financial health and operational performance for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: low — The filing is a standard annual report and does not indicate any immediate or unusual risks.
Key Numbers
- 43022000 — Notes Receivable Other (Represents a key financial metric for the fiscal year 2024.)
- 45511000 — Financing Receivable Loss Reserve (Indicates the reserve set aside for potential losses in financing receivables for 2024.)
Key Players & Entities
- LTC PROPERTIES INC (company) — Filer of the 10-K report
- 0001558370-25-001395 (dollar_amount) — Accession Number for the filing
- 2024-12-31 (date) — Conformed period of report
- 2025-02-24 (date) — Filed as of date
- 3011 TOWNSGATE ROAD SUITE 220 WESTLAKE VILLAGE, CA 91361 (location) — Business and mailing address
FAQ
What was the total revenue for LTC Properties Inc. in the fiscal year 2024?
The provided text does not explicitly state the total revenue for fiscal year 2024. It focuses on specific financial line items like Notes Receivable and Loss Reserves.
What is the primary business of LTC Properties Inc.?
LTC Properties Inc. is a Real Estate Investment Trust (REIT) as indicated by its Standard Industrial Classification code [6798].
When was the 10-K filing submitted?
The 10-K filing was submitted on February 24, 2025.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What are the key financial reserves mentioned in the filing for 2024?
The filing mentions a 'Financing Receivable Loss Reserve' of 45,511,000 and an 'Allowance For Doubtful Accounts And Other Receivables' for the period of 2024-01-01 to 2024-12-31.
From the Filing
0001558370-25-001395.txt : 20250224 0001558370-25-001395.hdr.sgml : 20250224 20250224172522 ACCESSION NUMBER: 0001558370-25-001395 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 136 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250224 DATE AS OF CHANGE: 20250224 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: 25658285 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-K 1 ltc-20241231x10k.htm 10-K LTC PROPERTIES, INC._December 31, 2024 0000887905 false 2024 FY http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember 43022000 45511000 P4Y http://fasb.org/us-gaap/2024#RealEstateInvestmentMember P5Y P10Y P10Y P10Y P5Y P2Y P1Y http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember P4Y 0.19 0.19 0.19 0.19 2025-01-31 2025-02-28 2025-03-31 2025-01-23 2025-02-20 2025-03-21 0000887905 ltc:NotesReceivableOtherMember 2024-01-01 2024-12-31 0000887905 ltc:FinancingReceivableLossReserveMember 2024-01-01 2024-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2024-01-01 2024-12-31 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 2024-12-31 0000887905 ltc:FinancingReceivableLossReserveMember 2024-12-31 0000887905 ltc:AllowanceForDoubtfulAccountsAndOtherReceivablesMember 2024-12-31 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 us-gaap:RetainedEarningsMember 2024-12-31 0000887905 us-gaap:ParentMember 2024-12-31 0000887905 us-gaap:NoncontrollingInterestMember 2024-12-31 0000887905 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000887905 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000887905 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-12-31 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 2022-12-31 000