{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-006116","form_type":"8-K","ticker":"LTC","cik":"0000887905","company_name":"LTC PROPERTIES INC","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.320043+00:00","generated_at":"2026-06-03T06:05:17.915860+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"LTC Q1 net income falls 27% to $24.1M; FFO per share rises to $0.69","bullets":["Net income available to common stockholders of $24.1M ($0.56 diluted EPS) vs $32.9M ($0.80) year ago.","NAREIT FFO per share of $0.69 vs $0.66; FAD of $31.3M vs $30.1M.","Sold seven assisted living communities for net gain of $3.3M; sold JV interest for $23.1M.","After quarter end: originated $12.7M mortgage loan at 9.15% and amended HMG master lease (11 SNFs) with rent increasing to $9.0M in 2024.","HMG agreed to repay $11.9M working capital note; LTC repaid $25.2M on credit line and raised $4.5M via equity issuance."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-006116","json":"https://secwatch.observer/filing/0001558370-24-006116.json","markdown":"https://secwatch.observer/filing/0001558370-24-006116.md","text":"https://secwatch.observer/filing/0001558370-24-006116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887905/000155837024006116/0001558370-24-006116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887905/000155837024006116/ltc-20240429x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:05:17.915860+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b973b4f65cdb22dff757a505bd5336e71b40dd7c","claim":"LTC PROPERTIES INC reported first quarter ended March 31, 2024 results: net income $24,065, EPS $0.56 per diluted share.","evidence_excerpt":"LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887905/000155837024006116/0001558370-24-006116-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$24,065"},{"label":"EPS","value":"$0.56 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}