← LTC PROPERTIES INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $100.6m $91.5m $94.9m $123.9m
Net Income (Loss) Attributable to Parent $85.1m — $155.0m $80.5m $95.3m $55.9m $100.0m $89.7m $91.0m $118.0m
Net Income (Loss) Available to Common Stockholders, Basic $84.7m $87.0m $154.4m $80.1m $94.9m $55.4m $99.4m $89.1m $90.4m $117.3m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — $87.3m $155.1m $80.9m $95.7m $56.2m $100.6m $91.5m $94.9m $123.9m
Net Income (Loss) Attributable to Noncontrolling Interest — — $95k $346k $384k $363k $560k $1.7m $3.8m $5.9m
Depreciation, Depletion and Amortization $35.9m $37.6m $37.6m $39.2m $39.1m $38.3m $37.5m $37.4m $36.4m $37.9m
Amortization of Debt Issuance Costs $684k $602k $377k — — — $1.1m $1.2m $1.1m $1.6m
Depreciation Amortization Depletion — — — — — — $37.5m $37.4m $36.4m $37.9m
Deferred Income Tax — — — — — — — — $0 $179k
Deferred Tax — — — — — — — — $0 $179k
Share-based Payment Arrangement, Noncash Expense $4.3m $5.2m $5.9m $6.6m $7.0m $7.8m $8.0m $8.5m $9.1m $9.3m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — $3.6m $3.6m $1.4m $1.6m $1.5m $5.2m
Asset Impairment Charge — — — — — — $3.4m $15.8m $7.0m $41.5m
Income (Loss) from Equity Method Investments $1.1m $2.3m $2.9m $2.4m $432k $1.4m — — — —
Income Tax Expense (Benefit) $0 $0 $0 $0 $0 $0 $0 $0 $0 $179k
Operating Lease, Lease Income — — — $152.8m $126.1m $121.1m $128.2m $127.3m $132.3m $116.2m
Earnings (Loss)es From Equity Investments — — — — — — ($1.5m) ($1.5m) ($2.4m) ($6.8m)
Additional Financial Items
Payments of Financing Costs $147k $363k $3.2m $61k $35k $3.4m $1.2m $68k $569k $6.4m
Gain (Loss) on Sale of Mortgage Loans — — — — — — — $1.4m — —
Gain (Loss) on Sale of Properties $3.6m $3.8m $70.7m $2.1m $44.1m $7.5m $37.8m $37.3m $8.0m $77.8m
General and Administrative Expense $17.4m $17.5m $19.2m $18.5m $19.7m $21.5m $23.7m $24.3m $27.2m $31.1m
Proceeds from Stock Options Exercised $159k $202k $123k $123k — — — — — —
Provision for Loan, Lease, and Other Losses — — — $1.9m $23.2m $758k $256k $26k $321k $1.5m
Financing Receivable, Credit Loss, Expense (Reversal) — — — — — — $303k $22k ($134k) ($218k)
Real Estate Tax Expense — — — $16.8m $15.1m $15.4m $15.5m $13.3m $12.9m $10.8m
Beginning Cash Position — — — — — — $5.2m $10.4m $20.3m $9.4m
Cash Flow From Continuing Financing Activities — — — — — — $19.6m $80.3m ($227.4m) $138.9m
Cash Flow From Continuing Investing Activities — — — — — — ($119.9m) ($174.9m) $90.7m ($269.9m)
Change In Accrued Expense — — — — — — $1.5m ($1.4m) ($771k) $712k
Change In Interest Payable — — — — — — $1.5m ($1.4m) ($771k) $712k
Change In Other Working Capital — — — — — — $1.7m ($4.2m) $319k ($264k)
Change In Payables And Accrued Expense — — — — — — $1.5m ($1.4m) ($771k) $712k
Change In Receivables — — — — — — ($7.2m) ($9.3m) ($10.4m) ($9.7m)
Change In Working Capital — — — — — — ($4.0m) ($14.8m) ($10.8m) ($9.3m)
Changes In Cash — — — — — — $5.2m $9.9m ($10.9m) $5.0m
End Cash Position — — — — — — $10.4m $20.3m $9.4m $14.4m
Financing Cash Flow — — — — — — $19.6m $80.3m ($227.4m) $138.9m
Free Cash Flow — — — — — — $105.6m $104.5m $125.9m $136.0m
Gain Loss On Investment Securities — — — — — — ($37.8m) ($37.3m) ($8.0m) ($77.8m)
Investing Cash Flow — — — — — — ($119.9m) ($174.9m) $90.7m ($269.9m)
Issuance Of Capital Stock — — — — — — $67.6m $53.8m $83.1m $100.6m
Net Business Purchase And Sale — — — — — — $0 $0 ($11.3m) $18.1m
Operating Gains Losses — — — — — — ($39.3m) ($38.8m) ($10.4m) ($84.6m)
Other Non Cash Items — — — — — — $3.8m $1.2m ($1.9m) $5.8m
Provisionand Write Offof Assets — — — — — — ($4.7m) $3.7m $508k $4.5m
Purchase Of Business — — — — — — $0 $0 ($11.3m) ($1.3m)
Repurchase Of Capital Stock — — — — — $0 $0 — — —
Sale Of Business — — — — — — $0 $0 $0 $19.3m
Stock Based Compensation — — — — — — $8.0m $8.5m $9.1m $9.3m
Net Cash Provided by (Used in) Operating Activities $105.7m $105.3m $115.5m $122.5m $116.1m $91.2m $105.6m $104.4m $125.2m $136.0m
Cash flows from investing activities:
Capital Expenditure Reported — — — — — $0 $0 — — —
Net Investment Properties Purchase And Sale — — — — — — $11.7m $12.8m $24.9m ($235.2m)
Purchase Of Investment Properties — — — — — — ($60.9m) ($53.4m) ($14.0m) ($361.9m)
Sale Of Investment Properties — — — — — — $72.6m $66.3m $38.9m $126.7m
Net Other Investing Changes — — — — — — ($131.7m) ($187.7m) $77.1m ($52.9m)
Net Cash Provided by (Used in) Investing Activities — ($92.0m) ($3.6m) ($79.0m) $43.9m ($69.8m) ($119.9m) ($174.9m) $90.7m ($269.9m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — $213.0m $116.2m $207.9m $24.0m $304.4m $269.0m $277.4m $27.2m $686.5m
Issuance Of Debt — — — — — — $269.0m $172.2m $0 $308.5m
Long Term Debt Issuance — — — — — — $269.0m $172.2m $0 $308.5m
Net Issuance Payments Of Debt — — — — — — $45.9m $123.1m ($207.1m) $159.0m
Net Long Term Debt Issuance — — — — — — $45.9m $123.1m ($207.1m) $159.0m
Repayments of Long-term Debt — $154.8m $138.9m $159.7m $68.2m $230.6m $223.1m $154.4m $234.3m $527.5m
Long Term Debt Payments — — — — — — ($223.1m) ($49.2m) ($207.1m) ($149.5m)
Repayment Of Debt — — — — — — ($223.1m) ($49.2m) ($207.1m) ($149.5m)
Proceeds from Issuance of Common Stock $78.6m $14.6m $1.0m — — — $68.2m $53.8m $82.4m $100.6m
Common Stock Issuance — — — — — — $67.6m $53.8m $83.1m $100.6m
Net Common Stock Issuance — — — — — — $67.6m $53.8m $83.1m $100.6m
Payments for Repurchase of Common Stock — — — — $18.0m — — — — —
Common Stock Payments — — — — — $0 $0 — — —
Proceeds from Noncontrolling Interests — $3.5m $4.0m $965k — $9k $50k — — —
Dividends paid $85 $90 $90 $91 $90 $90 $92 $95 $101 $107
Dividends Payable $85 $90 — — — — — — — —
Cash Dividends Paid — — — — — — ($91.5m) ($94.8m) ($100.5m) ($107.4m)
Common Stock Dividend Paid — — — — — — ($91.5m) ($94.8m) ($100.5m) ($107.4m)
Dividend Received CFO — — — — — — $351k $56k $1.3m $6.8m
Proceeds from (Payments for) Other Financing Activities ($2.2m) ($2.0m) ($1.2m) ($2.1m) ($8k) ($70k) ($6k) — ($30k) ($11k)
Net Other Financing Charges — — — — — — ($2.5m) ($1.8m) ($2.9m) ($13.2m)
Net Cash Provided by (Used in) Financing Activities — ($16.1m) ($112.4m) ($44.0m) ($156.5m) ($24.0m) $19.6m $80.4m ($226.7m) $138.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($449k) ($520k) $3.5m ($2.6m) $5.2m $9.9m ($10.9m) $5.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $4.8m $4.2m $7.8m $5.2m $10.4m $20.3m $9.4m $14.4m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $5.2m $9.9m ($10.9m) $5.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities $24.5m $28.1m $30.1m $28.8m $29.4m $26.7m $28.8m $47.2m $40.0m $33.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.