LTC PROPERTIES INC

For the period ended Sep 30, 2026. Filed Nov 3, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Nov 3, 2026

LTC$44.47-1.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Income

(amounts in thousands, except per share, unaudited)


· · Three Months Ended · · Nine Months Ended ·
· · September 30, · · September 30, · ·
· · 2026 · · 2025 · · 2026 · · 2025
Revenues:
Resident fees and services	$70,539	$22,203	$176,256	$34,153
Rental income	27,505	27,842	79,834	89,463
Interest income from financing receivables	5,644	7,096	19,539	21,182
Interest income from mortgage loans	10,389	9,856	30,933	28,715
Interest and other income	1,169	2,293	2,954	5,048
Total revenues	115,246	69,290	309,516	178,561
Expenses:
Seniors housing operating expenses	50,808	17,362	129,905	26,781
Interest expense	11,312	8,791	31,578	24,718
Depreciation and amortization	13,718	8,987	38,068	26,925
Impairment loss	2,310	—	2,310	—
Write-off of effective interest receivable	—	41,455	—	41,455
Provision (recovery) for credit losses	47	203	(610)	3,642
Transaction costs	1,165	587	3,042	7,734
Triple-net lease property tax expense	1,987	2,581	6,482	8,483
General and administrative expenses	8,125	7,523	24,868	22,941
Total expenses	89,472	87,489	235,643	162,679

Income (loss) before unconsolidated joint ventures, real estate dispositions and other items	25,774	(18,199)	73,873	15,882

Gain (loss) on sale of real estate, net	323,948	(738)	331,500	(235)
Income from unconsolidated joint ventures	—	439	396	4,543
Income tax (provision) benefit	(398)	(42)	(674)	39
Net income (loss)	349,324	(18,540)	405,095	20,229
Income allocated to non-controlling interests	(1,178)	(1,455)	(3,719)	(4,452)
Net income (loss) attributable to LTC Properties, Inc. stockholders	348,146	(19,995)	401,376	15,777
Income allocated to participating securities	(1,772)	(154)	(2,117)	(471)
Net income (loss) available to common stockholders	$346,374	$(20,149)	$399,259	$15,306

Earnings per common share:
Basic	$6.44	$(0.44)	$7.77	$0.33
Diluted	$6.39	$(0.44)	$7.70	$0.33

Weighted average shares used to calculate earnings per common share:
Basic	53,763	46,123	51,412	45,726
Diluted	54,208	46,123	51,852	46,107

Dividends declared and paid per common share	$0.57	$0.57	$1.71	$1.71

See accompanying* *notes.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.