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LTC| Name | Value |
|---|---|
| Revenues | 49.5M |
| Cost of Revenue | 3.3M |
| Gross Profit | 46.2M |
| Operating Expense | 17.2M |
| Operating I/L | 33.2M |
| Other Income/Expense | 0.4M |
| Interest Income | 7.8M |
| Pretax | 33.6M |
| Income Tax Expense | -14.4M |
| Net Income/Loss | 48.0M |
LTC is a real estate investment trust (REIT) specializing in seniors housing and health care properties. The company generates revenue through various investment strategies such as sale-leasebacks, mortgage financing, joint-ventures, and structured finance solutions including preferred equity and mezzanine lending. With a portfolio of 181 investments in 27 states and 29 operating partners, LTC's holdings are evenly split between seniors housing and skilled nursing properties, making up approximately 50% each of the portfolio.
