---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-024751"
form_type: "8-K"
ticker: "LTC"
cik: "0000887905"
company_name: "LTC PROPERTIES INC"
filed_at: "2022-02-17T23:59:59+00:00"
generated_at: "2026-06-27T07:15:55.309762+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LTC Q4 2021 net income down 27% to $12.7M; FFO per share $0.56 vs $0.78 prior

## Summary
- Net income $12.7M ($0.32 diluted EPS), down from $17.5M ($0.45) YoY.
- NAREIT FFO $22.1M ($0.56/share), compared to $30.4M ($0.78) in Q4 2020.
- Originated $96.2M in mortgage loans during Q4; amended credit facility to $500M.
- Subsequent to Q4, expects ~$27.3M total gains from property sales in Q2 2022.
- Provided $1.3M in rent deferrals/abatements in Jan-Feb 2022; up to $692k for March.

## SEC filing metadata
- accession: 0001104659-22-024751
- form_type: 8-K
- ticker: LTC
- cik: 0000887905
- company_name: LTC PROPERTIES INC
- filed_at: 2022-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887905/000110465922024751/0001104659-22-024751-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887905/000110465922024751/tm226973d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-024751
- JSON: https://secwatch.observer/filing/0001104659-22-024751.json
- Plain text: https://secwatch.observer/filing/0001104659-22-024751.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.